Philippines

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.

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, has signed an agreement with ACEN, the listed energy company of the Ayala group, to sell a 25 percent minority stake in the San Miguel Bay offshore wind project in Camarines Sur subject to applicable regulatory approvals.

Mober, a green logistics services firm in the Philippines, announced Tuesday it has expanded its operations to Thailand, marking a significant milestone in the company’s regional growth strategy towards championing greener delivery solutions in Southeast Asia (SEA).

Organized by TNGlobal, the conference brought together key stakeholders from Southeast Asia's technology ecosystem to explore innovation, collaboration, and growth opportunities across the region. The event featured a series of engaging panel discussions, each addressing the evolving challenges and opportunities shaping Southeast Asia’s tech landscape.…

About 1.54 billion seconds were spent by persons in using non-bank digital lending applications in the Philippines in 2024, according to new analysis from Digido.

Enstack, the Philippines-based artificial intelligence (AI) powered, no-code eCommerce and growth platform for small and medium-sized enterprises (SMEs), has announced a strategic partnership with Dyna.Ai, a Singapore-based AI solutions provider, to build and deploy localized AI-powered solutions across the country and the Southeast Asia region.