#yehey portal

According to a reliable source (who wants to remain anonymous), Philippine web-portal Yehey is being put up for sale by parent company iVantage Corp. Yehey's biggest clients include San Miguel Corp., Isuzu, Ateneo De Manila and Procter and Gamble. Apparently, the business model hasn't really panned out for the team of about 90+ people at Yehey! Unless the team can do some magic trick and hit the targets, Yehey's biggest chance of survival is when it gets sold and infused with fresh capital. In the comments, Nix Nolledo says Yehey has since been listed already. Yehey had a net loss of Php10.9 million in 2006. Yehey has adjusted 2009 initial revenue projections from Php140 million in January to just Php80 to Php90 Million by July. The Bureau of Internal Revenue (BIR) released a new memorandum announcing the availability of the Taxpayer Portal (TPPortal) so that individual taxpayers will be able to register and access their taxpayer information in a single portal. Read more in our articles including "Yehey! up for sale?" and "BIR opens Tax Payer Portal".