Philippines

A.P. Moller Capital, Ayala complete partnership to accelerate AC Logistics’ growth

A.P. Moller Capital and Ayala Corporation announced Tuesday the completion of the strategic investment by A.P. Moller Capital – Emerging Markets Infrastructure Fund II in AC Logistics Holdings Corporation (AC Logistics), marking a significant milestone in the development of a leading integrated logistics provider in the Philippines.

Malaysia’s Zetrix blockchain to build Philippines’ national blockchain infrastructure

Malaysia's Zetrix AI Berhad group will establish as the underlying protocol for the Philippines' public blockchain infrastructure, marking the second country after Malaysia to adopt Zetrix as a sovereign-grade blockchain platform.

Philippines firms accelerate AI adoption, only 17% can recruit enough AI talent: Aon

As many as 72 percent of organizations in the Philippines have already deployed or are piloting artificial intelligence (AI), yet only 17 percent say they can recruit and retain enough AI-skilled talent.

Manit Parikh of The Binary Holdings on DEFA and ASEAN’s digital economy [Q&A]

Manit Parikh, founder and CEO of The Binary Holdings, discusses how ASEAN’s Digital Economy Framework Agreement could help make telco apps, payments, rewards, and digital services more useful across borders.

Swedfund invests $15M in Navegar Fund III to boost companies financing in the Philippines

Swedfund announced Thursday that it has committed $15 million to Navegar Fund III, a private equity fund focusing on mid-sized companies in the Philippines.

Philippines’ SunAsia, Vietnam’s VinEnergo partner on $406 million solar on water energy project

The Philippines' SunAsia Energy and Vietnam's VinEnergo will jointly develop a 422-MWp solar on water portfolio across Pampanga and Negros Occidental in the Philippines, representing an estimated investment of $406 million.

Philippines’ DICT, Google Cloud expand AI and cybersecurity partnership

Philippines’ DICT and Google Cloud have expanded their collaboration to bring enterprise AI tools, cybersecurity capabilities, and connectivity initiatives into public-sector digital transformation efforts.

Philippines’ LTFRB adds Maya as digital channel for fuel subsidy payouts

LTFRB has partnered with Maya to support digital fuel subsidy disbursements for eligible PUV drivers and operators in the Philippines.

GCash parent Mynt wins approval for IPO in the Philippines

Mynt, the Philippine fintech company behind digital wallet GCash, said on Wednesday its board and shareholders had approved the filing of a registration statement with the Securities and Exchange Commission and a listing application with the Philippine Stock Exchange for a potential initial public offering (IPO).

Philippines invites Vietnam’s VinFast to expand in economic zone

The Philippines Economic Zone Authority (PEZA) has invited Vietnamese firms, especially electric vehicle (EV) manufacturer VinFast, to explore manufacturing opportunities in its economic zones.