Philippines

Foxmont Capital Partners, the Philippines’ institutional early growth capital firm, announced Friday the first close of its third fund at $30 million — more than doubling its assets under management (AUM) and surpassing the combined size of its first two funds.

V-Green Global Charging Station Development Corporation (V-Green) and Green and Smart Mobility Joint Stock Company (Green GSM Philippines) have announced the signing of a memorandum of understanding (MOU) with Manila Electric Company (MERALCO) – the largest power distribution company in the Philippines, to promote electric vehicle (EV) infrastructure…

As online gambling continues to grow in the Philippines and remains at the center of national conversations, a recent study suggests that better regulations — not an outright ban— are needed to create a safer playing environment and prevent the proliferation of unregulated gambling platforms.

Dutch Good Growth Fund – Financing local SMEs (DGGF) will commit a funding of $170,000 to support Foxmont Philippine Ventures Fund III, with $150,000 allocated to their Business Development Services (BDS) facility and $20,000 dedicated to Technical Assistance (TA).

Grab has partnered with payments provider Triple-A and digital asset exchange PDAX, to enable Grab users in the Philippines to top up their GrabPay wallets using cryptocurrencies.

With nearly 19,000 electric vehicles sold in 2024, the Philippines is looking to catch up in Southeast Asia’s electric vehicle (EV) race as ecosystem players like VinFast work to overcome hurdles around charging access, maintenance, and affordability.

In a multi-sectoral bid to develop agricultural cooperative-based models for resilient rural livelihoods, Philippine development sector group Bayan Family of Foundations, in partnership with Philippine agritech Mayani, landed philanthropic funding from HSBC Philippines, to support smallholder farmers and fisherfolk in adapting to climate change while…

Google Cloud announced Thursday the appointment of Jennifer Ligones as Country Manager of the firm’s business in the Philippines.

BMI Country Risk and Industry Research said hyperscale opportunities are driving Philippines market convergence while Malaysia maintains regional leadership.

Procter & Gamble (P&G) Philippines， part of the global manufacturer The Procter & Gamble Company, has partnered with the Department of Trade and Industry (DTI) and QBO Innovation, the Philippines' top startup support organization, to expand the vGROW Program to a broader network of startups across the country.