E-Peso bill filed in Philippines congress

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Seeing the need to have an official medium of exchange or money for the Internet, a lawmaker in the Philippines filed the proposed “E-Peso Act of 2014” which also applies to all other electronic and non-electronic means of communications. “What exists is a patchwork of methods using traditional credit systems,… Read more »

Megaworld PH plans residential high-rise in $781m Biz park

Philippine real estate giant Megaworld Corporation plans to build a new residential tower called ‘The Palladium’ inside the US$781 million business park at the Iloilo City. The Iloilo Business Park is company’s flagship development. Designed as a modern luxury residential condominium, The Palladium will stand 80 meters high at 22… Read more »


After early IPO closing, Rocket Internet surges

After closing early on its initial public offering (IPO) due to investor demand across all points of the price range, Rocket Internet AG (Rocket) decided to raise its IPO beyond the price range on October 2. Rocket, which owns popular Southeast Asian e-commerce businesses Zalora, Lazada, and the cab hailing… Read more »


NetSuite taps new partners in Philippines

NetSuite, a US-based cloud computing company, has signed up partnerships with two Philippine companies engaged in IT strategy and implementation consultancies. The partnership made the two local companies Kaisa Consulting and Questronix Corporation as official members of the NetSuite Solution Provider program. Questronix does systems integration, while Kaisa Consulting provides… Read more »