Philippines

Japan’s Furukawa Electric to invest $345M in data center cooling production in Philippines, Thailand, China

Furukawa Electric is set to invest at least JPY55 billion ($345 million) in expanding data center cooling production in the Philippines, Thailand, and China, the Japanese firm said in a release on Monday.

Southeast Asia’s “super app” Grab earns revenue $3.37B in 2025, Malaysia remains biggest market

Singapore-based super app Grab's revenue in 2025 grew 20 percent year on year, reaching a record $3.37 billion as the firm continued to grow to expand its user base, improve frequency and engagement in the platform, and optimize incentive levels.

Singapore’s financial service platform Atome, Philippines’ restaurant giant Jollibee to jointly expand card acceptance

Atome, a Singapore-headquartered digital financial services platform, has announced a year-long partnership with the Philippines' food & beverage (F&B) giant Jollibee Foods Corporation to enable the use of the former's Atome Card across more than 1,300 Jollibee stores in the Philippines.

Vietnam’s VinEnergo adds 10 GW renewable portfolio in Denmark, Sweden, Philippines

VinEnergo, the energy arm of Vietnam's top conglomerate Vingroup, has secured development agreements for a 10 gigawatt (GW) overseas renewable energy portfolio spanning Denmark, Sweden and the Philippines.

Enstack: Philippine tech ecosystem is set for another breakthrough year in 2025 [Q&A]

We talked to Macy Castillo, Enstack Chief Executive Officer and Co-Founder, to learn more about the company’s achievements in 2024, its plans and priorities in 2025. She also shared her views on the outlook of the tech ecosystem in the Philippines for the new year.

Kickstart Ventures: Philippines’ young, dynamic population, rising consumer demand, low-cost labor base make it attractive for long-term investment

We talked to Dan Siazon, Founder and Managing Partner of Kickstart Ventures to learn more about the company’s achievements in 2024, its plans and priorities in 2025. He also shared her views on the outlook of the tech ecosystem in the Philippines for the new year.

Philippine neobank Tonik secures $100M in consumer deposits

Tonik, the Philippines' first digital-only neobank, has surpassed PHP5B ($100M) in consumer deposits, just eight months after its launch of commercial operations.

Philippines: Southeast Asia’s next big breakout market?

TechNode Global’s series on the Philippines will delve into why now, after years of depending on income from remittances, Filipino entrepreneurs and founders are attracting venture capital (VC) money in droves. In this first part, we briefly explain the key growth drivers and opportunities awaiting VCs in the country, while laying the groundwork for future…

For Kickstart Ventures, investment strategies revolve around the digital ‘new consumer’ [Q&A with Minette Navarrete]

Our investment strategy revolves around today’s new customer, who might be the digital consumer or the digital company. They might be digital natives, or they could be newly digital. In any case, technology plays a bigger, more important, more fundamental role in their daily lives today.

Philippines to stop accepting digital bank applications for 3 years, caps licenses to 7

The Monetary Board decided to close the window for the submission of applications from new digital banks, including converting banks, starting August​ 31, 2021. This is in line with the overall thrust of maintaining a stable and competitive environment for banks.