Philippines

GSM Green and Smart Mobility JSC (GSM), a ride-hailing service founded by chairman Pham Nhat Vuong of Vietnam’s top conglomerate Vingroup, and 75 transport companies and cooperatives in the Philippines will join hands to deploy up to 18,497 VinFast electric vehicles (EV) for passenger transport operations.

VinFast, the electric vehicle manufacturer under Vietnam’s conglomerate VinFast, has launched the VF MPV 7 electric vehicle in the Philippines, making the country the third international market where the model is available.

Singapore and Philippines have signed a legally binding agreement to collaborate on carbon credit projects under Article 6 of the Paris Agreement, marking the Philippines’ first such deal, officials said on Thursday.

Atome Philippines, under Singapore-headquartered digital finance platform Atome, and the Philippines' multi-channel payment platform Bayad will collaborate to enable users to pay bills directly within the Atome app.

Salmon Group, a technology financial company, announced Monday a $100 million financing round, marking a significant milestone in enhancing the company’s growth trajectory in the Philippines.

Electric vehicle manufacturer VinFast, under the ecosystem of Vietnam's conglomerate Vingroup, has signed memoranda of understanding with 14 e-scooter distributors in the Philippines, as part of its plan to expand its retail and service network ahead of a market launch scheduled for June 2026.

Philippines-based Globe Telecom’s participation in the Candle Cable system will significantly boost the Philippines’ international connectivity, supporting regional ambitions for digital hub status through enhanced digital infrastructure resilience and high-speed, low- latency networks across the Asia Pacific region, BMI Country Risk and Industry Research…

Singapore-headquartered insurtech firm Igloo has appointed Ramjit Lahiri as its Philippines Country Head, as the country’s insurance premiums reached PHP502.6 billion ($8.37 billion) in 2025 amid ongoing gaps in coverage and penetration.

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.

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.