Philippines

Green GSM hosts Philippines driver festival with 1,000-EV handover

Green GSM Philippines is holding a September 12 to 14 driver partner festival expected to draw up to 5,000 people, with 1,000 EVs set for handover.

MoneyHero reports $15.8M in Q2 revenue, 10.1M members

MoneyHero reported second-quarter revenue of $15.8 million, down 13 percent year over year. Registered membership rose 17 percent to 10.1 million.

Philippines unveils $34.4B AI infrastructure masterplan targeting 1.5GW by 2033

The Philippines has finalized a $34.4 billion AI infrastructure roadmap targeting 1.5GW of AI data-center capacity by 2033, up from about 50MW today.

Singapore’s Sembcorp scraps $82M full takeover of Philippines’ solar developer Puente Al Sol

Singapore's Sembcorp Industries has terminated a proposed S$105 million ($82 million) acquisition of Philippine solar developer Puente Al Sol, ending its planned entry into the Philippine renewable-energy market.

PLDT reports faster operations from three UiPath AI systems

PLDT says three UiPath-based AI systems are shortening knowledge retrieval, customer response and risk reviews across its Philippine operations.

Philippine EV adoption to accelerate despite charging infrastructure constraints – BMI

BMI Country Risk and Industry Research has forecasted electric vehicle (EV) sales in the Philippines to increase by 11.2 percent year-on-year in 2026, from 29,479 units to 32,776 units.

Philippines SEC clears Mynt’s proposed GCASH IPO

The Philippine SEC cleared Mynt's proposed GCash IPO of up to PHP 92.32 billion, subject to remaining requirements and final offer terms.

Pencil Finance completes $1M on-chain student loan cycle

Pencil Finance says its first $1 million student loan bundle completed an on-chain cycle, with principal and yield returned to funders.

Alipay+ connects to QR Ph for cross-border payments in the Philippines

PPMI and Alipay+ have connected Alipay+ to QR Ph, allowing supported international e-wallet and banking-app users to pay Philippine merchants through existing QR Ph codes.

Philippines’ Lumio Solar raises $900K pre-seed round led by 100×100

Philippine climate-tech company Lumio Solar has raised a $900,000 pre-seed round led by 100x100 to scale distribution of consumer-ready solar appliances and equipment.