Philippines

Salmon Group Ltd, the Philippines-based financial services firm, has announced the completion of a $88 million fundraise to double down on its commitment to bring cutting-edge financial services and simplify access to credit across Southeast Asia.

Green and Smart Mobility Joint Stock Company (GSM) has on Tuesday officially launched Green GSM, the first all-electric taxi service in the Philippines.

Salesforce, the global artificial intelligence (AI) customer relationship management (CRM) has partnered with Smart Communications Inc. (Smart), the mobile services arm of PLDT, Inc., to deliver AI-powered digital experiences for customers on a unified e-commerce website.

AirAsia MOVE (MOVE), the travel platform under Malaysia-based Capital A Bhd, has denied allegations of fare overpricing and ticket manipulation following an order by Philippine authorities to suspend its airline ticket sales due to complaints of unlawfully inflated prices.

MoneyHero Limited, a Singapore and Hong Kong-based personal finance aggregation and comparison platform, announced Wednesday a strategic partnership with Rizal Commercial Banking Corporation (RCBC), a Philippine banking group, to tap into the Philippines' expanding card market.

I Squared Capital, an US independent global infrastructure investment manager, announced Tuesday that it has agreed to acquire a controlling stake in Royale Cold Storage (RCS), a cold storage operator in the Philippines.

The Philippine National Irrigation Administration (NIA) has partnered with US weather intelligence firm Tomorrow.io, a technology provider of U.S. agencies NOAA, NASA, and Department of Defense, to bring artificial intelligence (AI)-powered weather forecasting to Filipino farmers.

The Philippines government has ordered AirAsia’s digital platform to halt ticket sales after complaints of illegally high fares, Bloomberg reported on Monday.

Equinix, Inc., the world’s digital infrastructure company, announced Tuesday the completion of the acquisition of three data centers in Manila, the Philippines, from Total Information Management, a technology solutions provider.

Nexus Technologies Inc., a next-generation technology solutions provider based in the Philippines, has partnered with Resecurity, a global cybersecurity and threat intelligence, to jointly advance cybersecurity capabilities and promote digital resilience across public and private sectors.