Philippines

Green GSM officially launches electric taxi service in Davao

The Philippines-based Green GSM has launched its all-electric taxi service in Davao, marking the company’s first expansion outside Metro Manila and part of its long-term plan to support a clean, modern, and well-managed transportation system across key Philippine cities.

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.