Magic mushrooms get Canadian export license in psychedelic race

CANADA has licensed a startup to export psychedelics to Australia for patient use, the latest milestone in a contest to supply the potential growth...

Local paper producer helps PHL clients use eco-friendly packaging

PRESTIGE Paper Products is helping other Philippine companies to commit to their sustainable initiatives by supplying them with eco-friendly paper materials. “We’ve been seeing...

France looks to elusive EU capital market to fix startup funding

PARIS — France is banking on a new push to integrate the European Union’s (EU) fragmented capital markets to give them the scale needed...

India’s space startup calls off maiden rocket launch for a fourth time

BENGALURU — India’s Agnikul Cosmos called off a test flight of its first rocket on Tuesday seconds before it was due to launch —...

COVID-19 shut down businesses but also spurred entrepreneurship

THE coronavirus pandemic shuttered a number of businesses amid lockdowns, but it also harnessed the entrepreneurial spirit of Filipinos. “The biggest trend is that more...

Temasek backs OpenAI investor’s new $250-M tech fund

ALPHA Intelligence Capital (AIC), which invests in artificial intelligence (AI) companies including OpenAI, is raising a $250-million fund and has attracted government-owned entities of...

Drone startup Neros raises funding from Sequoia, eyes supplies to Ukraine, US military

NEROS, an autonomous drone startup founded about a year ago, has raised $10.9 million in a seed round from Sequoia Capital to build a...

Insufficient expertise and resources hinders sustainability in Philippines SMEs

With the increasing number of companies becoming sustainable, many small and medium enterprises (SMEs) in the Philippines were left behind due to a lack...

Family firms can professionalize operations by hiring outsiders

FAMILY-RUN enterprises should consider employing outsiders to professionalize their operations, according to siblings who own a local gift shop business.

In race to space, one startup is betting on candle wax

COMPANIES are trying all kinds of things to find their way in the increasingly competitive space industry. A German startup is adding candle wax to...

Management feud at delivery app Getir turns bitter after exits

A POWER STRUGGLE at grocery delivery company Getir is turning increasingly bitter as the Istanbul-based startup shuts down foreign operations and shareholders spar over...

EXPLAINER | The top three factors every entrepreneur needs for business success

In this explainer, Judge R. Calimbahin III, manager for entrepreneur experience of Endeavor Philippines, shares that access to these three crucial factors can spell...