Philippines

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.

Ayala Land, Inc. (ALI) has secured PHP 12.87 billion ($225 million equivalent) from the International Finance Corporation (IFC) to advance green buildings in the Philippines.

Philippine fintech player GCash has launched a new payment innovation, introducing a next-generation contactless solution that offers convenience, security, and global reach with partnership with Alipay+, Mastercard.

Instructure, the world’s edtech ecosystem and maker of Canvas learning management system (LMS), has announced the launch of its Asia hub with the opening of a new office in the 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.