Philippines

Green GSM has launched an all-electric taxi service across Cagayan de Oro and nearby Northern Mindanao areas, including airport transfers.

Nemetschek is expanding its Southeast Asia push through 10 partnerships and engagements across the Philippines and Vietnam, including industry projects and education initiatives.

YCO Cloud and Aolani plan to deploy more than 10,000 Nvidia Blackwell Ultra GPUs in the Philippines, with an initial launch targeted for early 2027.

The Philippines is set for a significant expansion of data center capacity, with 221MW of planned projects and 43MW under construction, as operators increasingly develop larger, higher-density facilities designed to support artificial intelligence (AI) workloads, BMI Country Risk and Industry Research said on last Friday.

Mynt, the parent of GCash, has secured commitments from more than 20 global and Philippine cornerstone investors for its planned IPO, with final pricing expected October 1.

Malaysia-based pre-owned electronics platform 3cat has raised a $4 million Series A led by Foxmont Capital Partners, with participation from the Asian Development Bank and Golden Gate Ventures, as it prepares to enter the Philippines.

Philippine payments company PayMongo is targeting revenue at about four times last year's level while expanding beyond transaction fees into subscription and merchant services.

The Philippines has reached substantial agreement on a free trade deal with the EU while Canada says separate talks with Manila and ASEAN are more than 90 percent complete, with data centers among investment opportunities under discussion.

Philippine lender Security Bank plans to support Apple Pay and Google Pay in the second half of 2027 after completing a core credit-card system upgrade.

Billease Bank has elected former Bangko Sentral ng Pilipinas Deputy Governor Eduardo G. Bobier as an independent director, subject to BSP confirmation, as the lender integrates more banking products into the Billease ecosystem.