SINGAPORE -- Zalora Group, Southeast Asia’s fastest growing fashion and beauty online store, has secured a USD112 million (SGD139 million) round of funding.
ON THE heels of its Philippine Stock Exchange debut, Concepcion Industrial Corporation (CIC), the Philippines’ leading supplier of air conditioning and refrigeration products, is set to further expand into the white goods appliance market through a joint venture with international appliance maker Midea.
CIC and its subsidiary Concepcion-Carrier Air Conditioning Company (CCAC) recently signed a shareholders’ agreement with Midea to create Concepcion Midea Incorporated. Under the agreement, CIC owns 22% of the joint venture, CCAC 30%, and Midea 48%.
CEBU will be part of another international event this month when the Philippines joins the world for the first time in celebrating the Global Entrepreneurship Week (GEW) this year.
While the main GEW Philippines celebration was held at the Mall of Asia in Pasay City, Cebu will host an entrepreneurial-related event dubbed as “Cebu Startup Day” on December 7, 2013 at the University of the Philippines, Audio Visual Room 2 in Lahug, Cebu City.
GOLDLIFE Distribution Phils. Inc, the fastest growing Filipino network company that provides best opportunities for good life and better health, formally announced the arrival of MLM's iconic guy Patrick Zuñiga as the latest addition to GoldLife's team. The company said the involvement of Zuniga in joining GoldLife is considered to be the biggest and explosive move of the company for this year.
MAKATI -- Coffee and Saints (C&S) café, a Caltex-Don Bosco Pugad livelihood project for migrant youths, a favorite of the office crowd and church-goers at Don Bosco parish, has reopened for business.
The new C&S has a fully furnished upper level and improved menu. Up to 25 people can enjoy dining and hang out on the upper deck, al fresco. The added deck doubles the capacity to 50 customers including patrons at the main dining area. The café is fully equipped with an air-conditioned dining area, expanded kitchen and a professionally trained crew in new uniforms.
BPI Family Savings Bank (BFSB) strengthens its partnership with top entrepreneurship advocate, Go Negosyo, at the 12th Filipino Franchise Show at the World Trade Center in Pasay City.
With the commitment of encouraging Filipinos to engage in entrepreneurship, BFSB – through BPI Family Ka-Negosyo Loans – brings affordable financing closer to more Filipinos as it supports the Go Negosyo advocacy. For more information on how you can start your own business, visit www.bpiloans.com or any of the more than 800 BPI and BPI Family Savings Bank branches nationwide.
CONCEPCION Industrial Corporation (CIC), the Philippines’ leading supplier of air conditioning and refrigeration appliances, on Tuesday launched its Domestic Investors’ Roadshow, in preparation for its planned Initial Public Offering at the Philippine Stock Exchange in November.
CIC intends to use the proceeds of the transaction to support its next phase of growth, as it seeks to expand its product lineup in the white goods appliance market.
THE Management Association of the Philippines (MAP) announced recently the selection of Edgar O. Chua, country chairman of Shell Companies in the Philippines, as the “MAP Management Man of the Year 2013” awardee.
The “MAP Management Man of the Year” is a prestigious award that MAP bestows on individuals in the business community or government for attaining unquestioned distinction in the practice of management and for contributing to the country’s progress.
GLOBE Labs, the dynamic and innovative developer community of Globe Telecom, has partnered with the Google Developers Group (GDG) in the Philippines on the holding of a nationwide DevFest consisting of eight community-organized events anticipating at least 1,000 developers and students interested to learn about Google technologies and products.
G-XCHANGE Inc., the mobile commerce arm of Globe Telecom, recently participated in the Partnerships for Digital Financial Inclusion event at the 68th United Nations General Assembly in New York, USA.
GLOBE Telecom’s rollout of its fourth generation infrastructure through the combined technology of long term evolution (LTE) and high speed packet access plus (HSPA+) is fast gaining ground, as the telecommunications company activated more sites across the country.
Following aggressive rollout of LTE, the cutting-edge technology is now available in key cities in Metro Manila that include Makati City, Pasig City, Quezon City, Taguig, Manila, Muntinlupa, San Juan and Las Pinas.
LEADING telecommunications company Globe Telecom equips two schools in the tiny island of Malapascua at the northernmost tip of Cebu province with computer laboratories to enhance the learning experience of elementary and high school students in the area.
MANILA -- World Bank president Jim Yong Kim will open the 2013 Microcredit Summit: Partnerships against Poverty on October 9 with a recorded statement urging the nearly 800 delegates from 69 countries to commit themselves to the advancement of microfinance to end extreme poverty.
The World Bank’s two new goals to end extreme poverty by the year 2030 and to increase the incomes of the poorest 40 percent “are now the central purpose and moral underpinnings of our institution,” explained World Bank President Kim.
LEADING telecommunications company Globe Telecom shares its nine-year Text2Teach mobile education initiative with GSMA, an organization of some 800 mobile operators in over 220 countries worldwide that is conducting a week-long visit in the Philippines to discuss mEducation opportunities, particularly in underserved areas with limited connectivity.
During the GSMA workshop, Globe presented information on its education related activities and areas where the company can make further contributions.
GLOBE Telecom president and CEO Ernest L. Cu is among 12 finalists for the CEO of the Year category in the 2013 World Communication Awards (WCA), one of the most important awards within the telecoms industry.
MANILA -- Emerson Network Power, a business of Emerson (NYSE: EMR) and a global leader in maximizing availability, capacity and efficiency of critical infrastructure, announced today a new addition to its mid-market power protection portfolio with the Asia-wide availability of the Liebert® APS uninterruptible power supply system (UPS).
The launch comes at a time when more and more small- to medium-sized companies are looking for lean yet scalable and cost-effective infrastructure that would help drive business growth.
TATTOO made a significant mark in the global business scene as it captured notable distinctions at the 2013 International Business Awards (IBAs), which honors achievements and positive contributions of organizations and individuals worldwide.
Known as the “Stevies - the business world's own Oscar Awards,” the broadband brand of Globe Telecom won prestigious citations for “Marketing Campaign of the Year by a Telecommunications Company” as well as for “Best Public Relations Live Event,” making them among the world’s best achievements in the field of business last year.
AS PART of its 50th Golden anniversary celebration, UCPB, one of the country's leading provider of financial products and services, recently conducted an economic forum at the Manila Polo Club geared toward providing relevant business analysis and economic forecasts to its clients coming from various industries such as manufacturing, food, real estate, finance, distribution and others.
GT-METRO Foundation (GTMF), together with Metrobank Foundation, was awarded as one of the Civilian Organization of the Year for its contributions in the Civil Military Operations of the Philippine Navy-Naval Reserve Command (Navrescom) on September 7, during the closing ceremonies of the 34th Armed Forces of the Philippines (AFP) National Reservist Week Celebration.
The Foundation partnered with the Navrescom for its Salamin para sa Maliwanag na Bukas Program, a nationwide eye screening and eyeglass distribution activity for indigent elderly and public school children.
GLOBE Business Head of IT-Enabled Services Group (IG) Jesus Romero recently introduced the company’s Globe Business PayrollCloud in Central Visayas at a corporate caravan in the region.
He discussed the company’s highly-innovative web-based cloud solution, which addresses current challenges in human resource processing and how it serves as an effective means for organizations to streamline them.
AS ONE of the highlights of its 51st anniversary, Metrobank conferred the winners of the 2013 Metrobank Foundation Search for Outstanding Teachers (SOT), The Outstanding Philippine Soldiers (Tops), and Country’s Outstanding Police Officers in Service (Cops) in an awarding ceremony held last September 5 at the Metrobank Plaza Auditorium.
PHILIPPINE Veterans Bank (PVB) Chairman Roberto de Ocampo, OBE, and its Board of Directors recently elected Joey A. Bermudez as the new president of the bank, as part of the plans to revitalize the medium-sized commercial financial institution and turn it into a major player in the banking industry led by a high-caliber and world-class management team.
THE GCASH American Express Virtual Pay, a pioneering innovation from GCASH, the mobile money service of Globe Telecom, was proclaimed winner of the prestigious Gold Stevie Award from the Annual International Business Awards.
Besting entries from PR One in Korea, Finansbank and Isbank in Turkey, and RSA Insurance in Canada, GCASH American Express Virtual Pay became the biggest winner for the Marketing Campaign of the Year – New Product or Service category, a new category for 2013.
WANTED to get a good deal to buy a new car? You need not go far. Rather, you don’t need to go anywhere at all!
TRUE to its game-changing role in the industry, Tattoo, the broadband brand of Globe Telecom, raises the innovation bar a notch higher by introducing the country’s first-ever rewards program for mobile broadband services, available to both new and existing prepaid subscribers.
THE Philippine Deposit Insurance Corporation (PDIC) will sell via public bidding on an “as-is, where-is” basis up to 91 real properties with an aggregate minimum disposal value of P46.73 million on September 27.
AS PART of its business expansion plan for the remainder of the year 2013, local commercial banking player Philippines Veterans Bank (PVB) offers a new innovative and value-added service to
REAFFIRMING its continuous commitment to offer better solutions to its customers, Globe Business recently provided an update of its network transformation to the members of Information Technology and Business Process Association of the Philippines (IBPAP) during their General Members Meeting held at the Fairmont Hotel Makati.
GLOBE Telecom cell sites have been issued radiation-safety certificates by the Department of Health (DOH), another indication that radio frequency signals coming from such facilities do not pose any adverse health impact.
THE countdown to the most anticipated annual event in the public relations industry has started.
The Public Relations Society of the Philippines' (PRSP) National PR Congress -- where the most brilliant minds in public relations gather to share knowledge, experiences, and insights with people in various fields of marketing and public relations -- opens in September.