Posted inBusiness, Tech News

Coins.ph officially bought by Joffre Capital, Wei Zhou named as CEO

Coins.ph is now under new management, as tech buyout firm Joffre Capital has finalized its acquisition of the cryptocurrency exchange platform and obtained the needed regulatory approvals. Rumors of the acquisition surfaced earlier this month with then-owner Indonesian multi-service platform GoJek reported to have sold its stake of Coins.ph for $200 million (~Php10 billion). Now […]

Posted inGovernment

DOST Banana Processing Technology aims to help Filipino farmers

The Department of Science and Technology (DOST) has created a banana processing technology that will benefit 1,000 farmers in Bukidnon. Secretary Fortunato de la Peña announced through a video that the banana farmers in Lantapan, Bukidnon will be the first beneficiaries of the banana chips processing facility. The said banana chips processing equipment from DOST-Bukidnon […]

Posted inGovernment

LTFRB Libreng Sakay Program covers 1,000 routes nationwide, Php7 billion allotted

The Land Transportation Franchising and Regulatory Board (LTFRB) announced the ‘Libreng Sakay’, which offers free rides for Filipinos starting April 11, 2022. LTFRB Executive Director Maria Kristina Cassion said that the service contracting program, which includes the free rides for passengers, will gradually start as some operators are only starting to complete their requirements. The […]