Philippines

Norfund and Impact Fund Denmark take 49% stake in Philippine solar project

Norfund and Impact Fund Denmark agreed to acquire a combined 49 percent stake in Vena Energy's 500 MWp Ixus Bugallon solar project in the Philippines.

UPS opens $80M-plus air hub at Clark, expanding global logistics links

United Parcel Service (UPS) opened a new air hub at Clark International Airport in the Philippines on October 15, following an investment of more than $80 million. The logistics company said the project will improve services along more than 1,100…

Vietnam’s EV maker VinFast opens early bookings for the all-new VF 8 in the Philippines

The VinFast VF 8 is now available for pre-order in the Philippines, further expanding the brand's product lineup and offering customers more choice, the company said in a statement on Tuesday.

PH businesses must build workforce resilience amid severe weather systems – AscentHR

According to the PSA, bad weather was a primary factor causing millions of employed Filipinos to work fewer hours, directly impacting worker take-home pay and creating administrative complexity for employers managing variable shifts, overtime, and statutory reporting.

Philippines President Marcos backs Mitsubishi’s $700M investment in energy firm Ayala

Philippine President Ferdinand Marcos Jr. has lauded Mitsubishi Corp.'s investment of $700 million in energy firm Ayala Corp as among the largest foreign equity investments in the Philippines in recent years.

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Mynt prices GCash IPO at PHP 6.60 per share

Mynt has priced its proposed GCash IPO at PHP 6.60 per share, setting a PHP 53 billion base offer that could rise to PHP 60.9 billion.

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Philippines’ Skyro launches pioneering cashback program in home market

The program is available to eligible users of SkyroCredit, Skyro's reusable digital credit line within the Skyro app, the company said in a statement on Wednesday.

Thinking Machines’ Niek van Veen on measuring enterprise AI beyond the pilot [Q&A]

Thinking Machines Data Science VP Niek van Veen discusses enterprise AI evaluation, legal oversight, workflow redesign, employee adoption and boundaries for autonomous agents.

PLDT says AI agents save tens of thousands of work hours annually

PLDT says its internally developed AI agents are reducing manual work across enterprise sales, knowledge retrieval and risk management.

Asialink’s Patricia Poco-Palacios on scaling MSME lending with credit discipline [Q&A]

Asialink Group Deputy CEO Patricia Poco-Palacios discusses MSME underwriting, thin-file borrowers, portfolio quality, financial literacy and AI-assisted lending.