Philippines
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.
Ride-hailing service GSM secures $32M from Philippine National Bank to expand fleet
The Philippine National Bank (PNB) will provide PHP2 billion ($32.4 million) to Green GSM Philippines, under Vietnam's ride-hailing service GSM, to support the expansion of Green GSM's all-electric ride-hailing operations across the Philippines.
Grab plans autonomous vehicles, delivery robots in Vietnam, pledges long-term investment
Grab, the Singapore-based superapp, plans to explore pilot programs for autonomous vehicles and delivery robots in Vietnam, said Chin Yin Ong, Chief Organization Capability Officer at Grab.
Australia’s EzyRemit, Philippines’ lender RCBC to jointly expand Australia-Philippines cross-border payments
Australia's EZYREMIT WORLDWIDE and the Philippines' Rizal Commercial Banking Corporation (RCBC) will join hands to expand cross-border financial services between Australia and the Philippines.
Ride-hailing service GSM, local dealers to deploy 18,497 EV in Philippines
GSM Green and Smart Mobility JSC (GSM), a ride-hailing service founded by chairman Pham Nhat Vuong of Vietnam’s top conglomerate Vingroup, and 75 transport companies and cooperatives in the Philippines will join hands to deploy up to 18,497 VinFast electric vehicles (EV) for passenger transport operations.
Singapore’s digital finance platform Atome, Philippines’ payment platform Bayad expand in-app bill payments
Atome Philippines, under Singapore-headquartered digital finance platform Atome, and the Philippines' multi-channel payment platform Bayad will collaborate to enable users to pay bills directly within the Atome app.
Vietnam’s EV maker VinFast expands e-scooter distribution network in Philippines with 14 partners
Electric vehicle manufacturer VinFast, under the ecosystem of Vietnam's conglomerate Vingroup, has signed memoranda of understanding with 14 e-scooter distributors in the Philippines, as part of its plan to expand its retail and service network ahead of a market launch scheduled for June 2026.
Insurtech Igloo expands Philippines strategy as insurance market hits $8.4B
Singapore-headquartered insurtech firm Igloo has appointed Ramjit Lahiri as its Philippines Country Head, as the country’s insurance premiums reached PHP502.6 billion ($8.37 billion) in 2025 amid ongoing gaps in coverage and penetration.
Ride-hailing service GSM launches electric mobility platform in Indonesia, Philippines
Green and Smart Mobility (GSM), the ride-hailing service under the ecosystem of Vietnam's conglomerate Vingroup, has launched its shared business platform, Green SM Platform, in Indonesia and the Philippines.
Singapore’s Velox Networks expands to Philippines
Velox Networks, a Singapore-based cloud telephony provider, has announced its expansion into the Philippines, marking its third Southeast Asian market after Singapore and Malaysia.
