Philippines

Green GSM, the all-electric ride-hailing brand under the GSM ecosystem, has signed a memorandum of understanding with AMRC Renewable Corporation/Xentro Motors, a subsidiary of the Philippine-based Xentro Group of Companies, for the supply of 2,000 VinFast electric vehicles to support future operations under the Green GSM platform.

The Singapore-based payments infrastructure platform HitPay has partnered with France-based electronic payment solutions firm Ingenico to launch "all-in-one" system to boost Philippine small and medium-sized enterprises (SMEs) digital payments adoption.

​The Philippine central bank Bangko Sentral ng Pilipinas (BSP) announced Thursday that it will stop accepting new applications for digital bank licenses starting December 1, 2025.

EBANX, a Brazilian technology company specializing in cross-border payment services, has announced its expansion into the Philippines through the integration of the country’s two leading e-wallets GCash and Maya.

The proposition is intentionally modest yet ambitious: build a fast, accessible, volunteer-run portal that surfaces services and information without the usual friction - and do it all in public, with code, contributions, and debates out in the open.

Singapore-based digital finance platform Atome and Philippine digital banking leader Maya Bank have entered a ₱2.75 billion ($48 million) loan channeling partnership in the Philippines to expand access to credit for millions of Filipinos.

VinFast Auto Philippines Inc. (VinFast Philippines), a Vietnam-based electric vehicle (EV) manufacturer; V-Green Charging Station Development Philippines Inc. (V-Green), an EV charging infrastructure; and Green and Smart Mobility Philippines Inc. (Green GSM Philippines), operator of the all-electric taxi fleet, have signed a memorandum of understanding…

Salmon Group Ltd, a credit-led fintech in the Philippines, has raised further $50 million in an oversubscribed Nordic bond issue, accelerating its goal to build Southeast Asia’s next-generation consumer banking.

Maybank Investment Bank has maintained a neutral stance on the renewable energy (RE) sector in the Philippines despite the positive government support as execution has lagged and RE players are navigating near-term headwinds with execution hurdles.

A new study from Filipino-focused sociocultural research firm The Fourth Wall revealed that many Filipino online gambling players are unaware of the risks from playing on unregulated platforms, leaving them exposed to various dangers, such as financial losses, privacy concerns, and underage participation.