Philippines

Proptech 2.0 in the Philippines: An untapped opportunity in 3 numbers

Is the Philippine #RealEstate market now ripe for the next wave of proptech to emerge? We share five numbers that provide some clues to where the innovation compass is pointed in the #Philippines #proptech space.

Philippine venture builder AHG Lab raises $4M to empower more entrepreneurs

AHG Lab, the independent venture builder in the Philippines, has secured a total of $4 million in Pre-Series A funding aimed at fueling the growth of the venture builder, its portfolio of ventures and programs, and the wider startup ecosystem. The investors of this round includes a United States family office and two Filipino family offices: the Rufino…

Digido: Adoption of fintech services through mobile apps will exceed 72 percent in the Philippines by the end of 2023

The adoption rate of financial technology in the Philippines among the population aged 15 years old and over through mobile apps may increase to 72.2 percent or 59.3 million users by the end of 2023, according to a new report from consumer credit service Digido.

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Charging ahead: Driving the Philippines to sustainability through usage of electric vehicles

The shift to #EVs is not merely a response to government mandates or global pressure, but it represents an opportunity to transform the economy, improve #EnvironmentalImpact, and create a sustainable future for all. Supporting the efforts of companies at the forefront of this transition is vital as they pave the way for a greener and more sustainable…

Philippine construction expert launches ‘Homeqube’ blockchain and AI-powered homebuilding platform

Philippine construction firm Multi-Development and Construction Corporation (MDCC) Former Chief Executive Officer Jose Paolo Calma has launched Homeqube, a blockchain and artificial intelligence (AI)-powered homebuilding platform that enables users to design their dream homes through its built-in network of architects, engineers, contractors, suppliers, and…

Philippine Airlines enters Web3 with exclusive collection

Philippine Airlines has entered Web3 with exclusive collection of Limited Digital Collectibles. Offered in partnership with Philippine Blockchain Week, the country’s premiere blockchain event, the collection pays tribute to PAL history while showcasing the airline’s dedication to embracing the future.

Malaysia’s Capital A seals partnership with Philippine’s UnionDigital Bank

Malaysia-based multinational low-cost airline Capital A is entering into a partnership with UnionDigital Bank, the digital bank subsidiary of Union Bank of the Philippines, involving three key subsidiaries, namely AirAsia, airasia Superapp, and BigPay.

Malaysia’s MYEG seals deal to deploy blockchain-based customs clearance between the Philippines and China

Malaysian digital services company MY E.G. Services Berhad (MYEG) has entered into a collaboration and secured regulatory approval to deploy its blockchain-based customs clearance and processing services for trade flows between the Philippines and China.

Former Lazada CEO Ray Alimurung joins Philippine sari-sari store enabler Packworks’ Board of Advisors

Packworks, a Philippine startup that provides a business-to-business (B2B) open platform to sari-sari stores, has welcomed Ray Alimurung, former Lazada Chairman and Chief Executive Officer (CEO), to its Board of Advisors.

Philippine market insights start-up Agile Data rakes in $494,347 revenue for 2023

Philippine tech start-up Agile Data has on Wednesday announced an annual net revenue of PHP 27 million ($494,347) for 2023, with cost of goods sold (COGS) conservatively sitting at 37 percent. The firm attributed the revenue growth to its sustained clientele of international fast-moving consumer goods (FMCG), telecommunications, and technology companies.