Philippines

a car is parked in front of power lines at sunset

Navigating power resilience amidst the Philippipnes’ energy transition

Ultimately, the Philippines faces a complex challenge: meeting ever-increasing energy demands, driven partly by global warming and rapid urbanization, while simultaneously integrating more renewable energy sources.

Agrilever partners Tomorrow.io to roll out AI-powered forecasting solutions for Filipino farmers

Agrilever, an agritech firm based in the Philippines, has partnered with global weather intelligence firm Tomorrow.io to bring hyperlocal, the artificial intelligence (AI)-powered forecasting solutions to the country’s agricultural sector.

Etaily lands strategic investment from Japan’s SMBC, bringing total funding to $24M

Etaily, the Philippines’ digital-native retail platform, has secured new strategic investments led by Japan’s Sumitomo Mitsui Banking Corporation (SMBC), through its SMBC Asia Rising fund, bringing its total funding to over $24 million.

Tonik raises $12M in Pre-Series C funding led by Diligent Capital Partners

Tonik Financial, controlling shareholder of Tonik Digital Bank, the Philippines’ first licensed digital-only bank, has raised $12 million in Pre-Series C financing led by Diligent Capital Partners.

Philippines’ tokenized-asset market could reach $60B by 2030 – PDAX

The Philippine Digital Asset Exchange (PDAX), Saison Capital, and Onigiri Capital have on last Thursday launched Project Bayani: The Philippines’ Asset Tokenization Opportunity, a landmark white paper estimating the country’s tokenized-asset market that could reach $60 billion by 2030 across government bonds, mutual funds, equities, and other investment…

Sari-sari stores using AI see 46 percent sales jump – Packworks

Artificial intelligence (AI) is beginning to reshape how local sari-sari stores operate, helping small retailers make smarter decisions and improve profitability through practical, data-driven insights, a recent report from Packworks.io showed.

Philippine fintech firm Higala closes $4M seed fund

Talino Venture Studios, Chemonics International, Kadan Capital, Tenco Capital, and 1982 Ventures have closed Higala’s seed funding round to $4 million, amplifying its abilities to digitally transform rural banks and other microfinance institutions in underserved communities.

DSSI rolls out largest-owned EV fleet in the Philippines

DHL Summit Solutions, Inc. (DSSI), the joint venture between DHL Supply Chain APAC and JG Summit Holdings, Inc., marked a major milestone in its sustainability journey on Wednesday with the inauguration of its Electric Vehicle (EV) fleet.

Bitskwela launches Philippines’ first blockchain-enabled microlearning platform

Filipino-led EduTech firm Bitskwela has launched a blockchain-enabled developer microlearning (DML) platform called “BitDev”, which streamlines the complex process of creating, testing, and deploying Web3 applications for aspiring or learning software developers.

Salesforce expands into the Philippines to boost AI ecosystem

Salesforce, the global artificial intelligence (AI) customer relationship management (CRM), announced Tuesday the company's expansion into the Philippines, establishing an office in Manila, and growing the country’s AI ecosystem by investing in skills development for the local workforce.