Philippine tycoon Henry Sy’s grandson Howard aims to carve out his own niche with self-storage biz


The Sy scion says he would like to explore dabbling in an online business too.

Philippines: IFC investing $12.8m in Discovery World’s hotel, resort biz

IFC’s investment is meant to meet the growing demand for hospitality infrastructure in the Philippines.

Philippines: Payment ecosystem Salarium aims to raise $50m via ICO

The new ICO is expected to bridge the gap for small and medium BPOs, freelancers, and remittances in the Philippines.

PH Digest: Cebu Landmasters inks realty JV; BEC to buy stake in Thailand RE firms

PH Digest: Cebu Landmasters inks realty JV; BEC to acquire stake in Thailand RE firms

PH Digest: FDC, JG Summit form $16b airport JV; FNI, Vi Holding ink mining pact

Filinvest Development Corp (FDC) and JG Summit Holdings Inc (JGS) will invest over $16 billion in new development at the Clark International Airport, while Global Ferronickel Holdings Inc (FNI), and Russian company Vi Holding LLC have signed a cooperation agreement for joint business projects in mining. Filinvest, JG Summit to… Read more »

Philippines: Chelsea Logistics buys cargo firm WSI, completes Starlite acquisition

CLC bought WSI for an undisclosed sum, while it closed its 100 per cent acquisition of Starlite for up to $31.2 million (P1.6 billion).

Philippines: San Miguel buys Best Bottlers in Australia

The deal marks San Miguel’s sixth acquisition in the packaging industry in the Australia and New Zealand region.

PH Digest: 3 startups win Taiwan competition; Govt partners Revolution Precrafted

Three Philippine startups bagged top awards at a startup competition in Taiwan, while the local science and technology department has partnered the Philippines’ first unicorn, Revolution Precrafted, to showcase R&D in the development of construction materials for prefabricated homes. 3 Philippine startups sweep STSP Taiwan tourney Three Philippine startups bagged top… Read more »

Philippines: San Miguel to consolidate food, beverage units in share swap  

The conglomerate is combining its core food and beverage assets valued at $6.6 billion.

PH Digest: Vantage Equities to inject $4.8m in investment firm; Chinabank president

Investment and financial holdings firm Vantage Equities Inc is investing up to $4.8 million in the pre-incorporation of a new funding company, while private universal bank Chinabank has named William Whang as its new president. Vantage Equities putting $4.8m in new investment firm Vantage Equities Inc, an investment and financial… Read more »