Philippines
News,Electric Vehicles & Mobility,Philippines
ADB, Ayala sign $100M financing deal to support electric mobility in the Philippines
The Asian Development Bank (ADB) has signed a financing package of up to $100 million to support Philippine conglomerate Ayala Corporation’s contributions to the development of an electric mobility ecosystem in the Philippines.
January 28, 2025
Securities Commission Malaysia launches alternative financing scheme for MSMEs
The Securities Commission Malaysia (SC) has on Monday announced SARANA, an alternative financing scheme offered by nine SC-registered peer-to-peer financing (P2P) platform operators under the Government e-procurement system.
January 27, 2025
News,Electric Vehicles & Mobility,Energy,Philippines
Nestlé Philippines inks partnership with Mober to integrate EV in mid & last-mile delivery
As part of the partnership, Mober will provide electric trucks (e-trucks) to service Nestlé Philippines’ logistics needs across Metro Manila.
January 24, 2025
IFC invests $130M in Asialink to boost small-business lending in the Philippines
In line with its goal to ramp up financial inclusion in the Philippines, the International Finance Corporation (IFC) announced Tuesday it will provide up to $130 million in investment to Asialink Finance Corporation (AFC).
January 22, 2025
Largest Philippine fintech company GCash said to pick banks for IPO – report
GCash has selected JPMorgan Chase & Co, Morgan Stanley and UBS Group AG to work on the potential share sale, the people reportedly said. Other banks that may also help to arrange a deal.
January 10, 2025
Digido: Philippines’ digital lending market to potentially exceed $1B in 2025
The digital lending market in the Philippines — consisting of duly-registered non-bank digital lenders and digital banks — could exceed $1 billion in the second half of 2025, with likelihood of growth at an accelerated pace due to the high demand for online technologies from consumers, a study revealed on Tuesday.
January 7, 2025
News,Electric Vehicles & Mobility,Philippines
Mober, BDO sign commercial EV fleet financing in the Philippines to boost green logistics
Mober, the Philippines-based green logistics firm, has partnered with Philippine bank BDO Unibank, Inc. (BDO) to finance the acquisition of 60 new electric vehicle (EV) trucks.
December 20, 2024
KKR backed-PHINMA Education acquires St. Jude College Dasmariñas Cavite for $7.43M
KKR-backed Philippine private higher education group PHINMA Education Holdings has on Monday announced its purchase of St. Jude College (SJC) Dasmariñas Cavite in a PHP 432-million ($7.43 million) agreement.
December 9, 2024
GCash said to weigh record Philippine IPO of up to $1.5B – report
The company intends to list in the second half of next year, Bloomberg reported. An IPO of that size would likely make it the biggest ever in the country.
November 29, 2024
Singapore,Vietnam,Gaming,SEA,Philippines,Web3
Web3 gaming platform Eragon eyes expansion in the Philippines
With headquarters in Vietnam and registration in Singapore, Eragon views the Philippines as a key market for its next phase of growth. The country’s vibrant gaming community, combined with its accelerating adoption of blockchain technologies, positions it as an ideal destination for expansion.
November 25, 2024