Philippines

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.

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 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.

Philippine-based consumer fintech Salmon has on Thursday announced it has secured a $20 million debt facility from U.S. emerging-markets specialist investment firm Argentem Creek Partners, enabling the firm to further scale its lending operations across the Philippines.

Bossjob, the chat-first career platform for professional hiring based in the Philippines, has announced it will launch its service in the Japanese market, facilitating Japanese companies hiring international talents with its 2.9 million users in the region.

Sprout Solutions, a homegrown business to business (B2B) software as a service (SaaS) company and human resource tech firm in the Philippines, has finalized the acquisition of Aiah AI, an artificial intelligence (AI) company with offices based in the Philippines and Singapore.

With continuing inflation and growing material demands of #Philippines citizens, their need to close financial gaps in the personal and family budgets will increase. Digital lending services—both from licensed online banks and services offering #BNPL, lines of credit, and other advanced financial products—is a key example, as they are able to handle the…

The Asian Development Bank (ADB) has on Thursday approved a $1 billion loan to help establish a city-wide public transport project in Davao City, the first project in the country to deploy electric bus fleets at scale in support of the Philippines’ efforts to reduce greenhouse gases and promote climate action.

Packworks, a Philippine startup that provides a business-to-business (B2B) open platform to sari-sari stores, is riding the wave of artificial intelligence (AI) and machine learning to help sari-sari stores across the Philippines make informed decisions in stocking their shelves.

Pouch, the lightning payment operator in the Philippines, has introduces its latest app feature "Send Globally" to facilitate instant, low-cost, and safe money transfers from the Philippines to any bank account in the United States.