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Lifetrack Medical Systems secures $5.2 million in Series A funding April 25, 2019

Lifetrack Medical Systems, a healthtech startup focusing on improving affordable access to medical imaging services in emerging markets, has raised $5.2 million to scale its international growth and build on its award-winning LifeSys™ medical imaging platform. The LifeSys™ platform enables rapid transmission, aggregation, and access of medical images from multiple sites, even in remote rural […]

Trading goes high-tech and social in the Philippines April 25, 2019

The vast majority of advice oriented toward Filipino founders starts after the eureka moment: How do you build your startup idea into a thriving company? But how do you get yourself in the position to take that leap in the first place? After all, pursuing your startup dream is a luxury — you need to […]

MWSS fines Manila Water P1.134 billion April 24, 2019

THE Metropolitan Waterworks and Sewerage System (MWSS) has penalized Manila Water Company, Inc. with a P1.134-billion fine -- consisting of a P534.05-million penalty and a P600-million fund for the development of a new water supply source -- in connection with the shortage that hit much of its Metro Manila concession area last month, the regulator […]

Ayala Land plans to raise P25-26B in country’s first REIT offer April 24, 2019

AYALA LAND, Inc. (ALI) is preparing what could turn out to be the country’s first real estate investment trust (REIT) offering, where it plans to raise about P25-26 billion.

Fitch Ratings cuts PHL growth forecast on budget delay April 24, 2019

FITCH RATINGS on Wednesday joined another credit rater and various multilateral organizations in cutting Philippine economic growth projections, due largely to a delayed national budget that is expected to crimp state spending.

Beijing seen recalibrating Belt and Road initiative April 24, 2019

BEIJING -- China is expected to promote a recalibrated version of its Belt and Road initiative at a summit of heads of state this week in Beijing, seeking to allay criticism that its flagship infrastructure policy fuels indebtedness and lacks transparency.

SMIC eyes bonds, loans to refinance debt by Q3 April 24, 2019

SM Investments Corp. (SMIC) is looking at conducting a fundraising activity towards the third quarter of the year to refinance maturing loans.

Eton Properties net income surges 38% in 2018 April 24, 2019

ETON Properties Philippines, Inc. (EPPI) reported a 38% increase in its earnings backed by solid real estate sales and its robust leasing business.

LHIC expands Kabayan Hotel as it hopes to attract more guests April 24, 2019

LEGEND Hotel International Corp. (LHIC) is targeting to widen its market for the Kabayan Hotel brand, with the expansion of its hotel in Pasay City.

Singapore creates its own gin April 24, 2019

AS a former part of the British Empire, it’s not surprising to find influences of Britannia in Singapore. One such example is gin, Britain’s favored libation from the 17th century onwards, finding a home in Singapore’s favorite cocktail, the Singapore Sling (made with a base of gin, coupled with cherry liqueur and pineapple juice, among […]