Philippines

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.

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.

Fintech leads private equity deals count in the Philippines in 2025 – Foxmont

2025 saw a continued acceleration in private capital deployment in the Philippines, with fintech remained the most active sector by deal count, Foxmont Capital Partners said in its recent report.

Singapore’s financial service platform Atome, Philippines’ restaurant giant Jollibee to jointly expand card acceptance

Atome, a Singapore-headquartered digital financial services platform, has announced a year-long partnership with the Philippines' food & beverage (F&B) giant Jollibee Foods Corporation to enable the use of the former's Atome Card across more than 1,300 Jollibee stores in the Philippines.

Wavemaker Impact leads $700K pre-seed investment in Singapore’s Virdalis

Virdalis, a Singapore-based biotechnology company developing protein from Wolffia globosa—commonly known as duckweed—has secured US$700,000 in pre-seed funding led by Wavemaker Impact.

Vietnam’s VinEnergo adds 10 GW renewable portfolio in Denmark, Sweden, Philippines

VinEnergo, the energy arm of Vietnam's top conglomerate Vingroup, has secured development agreements for a 10 gigawatt (GW) overseas renewable energy portfolio spanning Denmark, Sweden and the Philippines.

Mambu expands payments hub into Indonesia, the Philippines, Malaysia and Singapore

Mambu, a global software as a service (SaaS) cloud banking platform, announced Wednesday the expansion of its Payments Hub solution into a number of territories including Indonesia, the Philippines, Malaysia and Singapore, marking the first time the platform will be available to customers in Asia.

Philippines-owned fintech firm BCRemit expands global footprint to 23 countries

Building on its success in the retail remittance sector, BCRemit, a Filipino-led global digital remittance company, has expanded its services to 23 countries and announced plans to scale its operations to provide tailored cross-border payment solutions beyond the overseas Filipino workers (OFWs).