Philippines

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.

Japan’s automaker Mitsubishi Motors to join Philippines EV program, plans hybrid production in 2028

Mitsubishi Motors Corporation will join the Philippine government’s Electric Vehicle Incentive Strategy (EVIS), signaling a move to expand its electrification efforts in the country, the Japanese automaker said in a press release on Monday.

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.