Philippines

Singapore’s digital finance platform Atome, Philippines’ payment platform Bayad expand in-app bill payments

Atome Philippines, under Singapore-headquartered digital finance platform Atome, and the Philippines' multi-channel payment platform Bayad will collaborate to enable users to pay bills directly within the Atome app.

Salmon secures $100M financing to accelerate growth in the Philippines

Salmon Group, a technology financial company, announced Monday a $100 million financing round, marking a significant milestone in enhancing the company’s growth trajectory in the Philippines.

Vietnam’s EV maker VinFast expands e-scooter distribution network in Philippines with 14 partners

Electric vehicle manufacturer VinFast, under the ecosystem of Vietnam's conglomerate Vingroup, has signed memoranda of understanding with 14 e-scooter distributors in the Philippines, as part of its plan to expand its retail and service network ahead of a market launch scheduled for June 2026.

Globe Telecom’s Candle Cable stake to strengthen Philippines’ digital hub ambitions – BMI

Philippines-based Globe Telecom’s participation in the Candle Cable system will significantly boost the Philippines’ international connectivity, supporting regional ambitions for digital hub status through enhanced digital infrastructure resilience and high-speed, low- latency networks across the Asia Pacific region, BMI Country Risk and Industry Research…

Insurtech Igloo expands Philippines strategy as insurance market hits $8.4B

Singapore-headquartered insurtech firm Igloo has appointed Ramjit Lahiri as its Philippines Country Head, as the country’s insurance premiums reached PHP502.6 billion ($8.37 billion) in 2025 amid ongoing gaps in coverage and penetration.

Singapore’s Velox Networks expands to Philippines

Velox Networks, a Singapore-based cloud telephony provider, has announced its expansion into the Philippines, marking its third Southeast Asian market after Singapore and Malaysia.

Japan’s automaker Mitsubishi Motors to join Philippines EV program, plans hybrid production in 2028

Mitsubishi Motors Corporation will join the Philippine government’s Electric Vehicle Incentive Strategy (EVIS), signaling a move to expand its electrification efforts in the country, the Japanese automaker said in a press release on Monday.

Globe Telecom joins Candle Submarine Cable System Consortium to strengthen the Philippines’ connectivity backbone

Globe Telecom has formally joined the Candle Cable System consortium, a regional collaboration led by Meta, SoftBank Corp., IPS Inc., TM, PT XLSmart Telecom Sejahtera Tbk, and NEC Corporation, to strengthen the Philippines’ connectivity backbone

Japan’s Furukawa Electric to invest $345M in data center cooling production in Philippines, Thailand, China

Furukawa Electric is set to invest at least JPY55 billion ($345 million) in expanding data center cooling production in the Philippines, Thailand, and China, the Japanese firm said in a release on Monday.

Green Xentro ramps up Philippines e-taxi fleet to 2,500 units with Green GSM platform

Green Xentro has launched the initial phase of a 2,500-unit fleet of fully electric (BEV) taxis in Rizal province, under a strategic partnership with the mobility platform Green GSM.