Philippines

Salesforce launches startup program in Malaysia and the Philippines

Salesforce, the global artificial intelligence (AI) customer relationship management (CRM), announced Tuesday the expansion of the Salesforce Startup Program into Malaysia and the Philippines to foster growth in their thriving startup ecosystems.

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.

FinVolution Philippines secures multi-million Peso credit facility for financial services expansion

FinVolution Group’s Philippines business has recently secured a multi-million peso (PHP) credit facility with HSBC in the Philippines.

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.