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Asia's Tech News - November 2024
Asia's Tech Newsletter, Weekly
Indo-Pacific Studies Center

November 2024: Philippines

Tech news from The Philippines
in November of 2024

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  • Philippines: Central bank looks to tighten virtual assets reporting requirements via new reporting portal, commencing January 1st 2025, in bid to boost stability and trust / full item
  • Gobi-Core Philippine Fund unveils new report, ‘Philippine Horizons – Filipino Innovation in the ASEAN Landscape’ in partnership with Alibaba Cloud and Eskwelabs / full item
  • Philippines: Yield Guild Games Web3 gaming guild protocol to launch ‘Onchain Guilds’, a new platform on the Ethereum blockchain providing verifiable records / full item

Video: ‘How can Philippine startups unlock Web3?’, a brief set of opinions from Filipino blockchain startups / full item

  • Philippines’ logistics-tech firm, Locad, hits $9M in fresh funding with sights on UAE and Saudi Arabia expansion, providing 3rd-party e-commerce storage-to-delivery services / full item
  • Philippines: Gov’t is to launch GBonds via GCash fintech app in bid to boost citizens’ uptake of government securities / full item
  • JUST Finance, UBX open finance platform and Philippine bank consortium partner on blockchain-based, multi-currency stablecoin exchange, targeting Philippines’ $40BN remittances space / full item
  • Download: ‘Report on the Philippine Financial System, H1 2024′ from the Philippines’ central bank, Bangko Sentral ng Pilipinas / full item

Philippines: “M-commerce is estimated to comprise 13.2% of the total retail market in the Philippines, which is projected to reach $83.7 billion (P4.7 trillion) by 2025…” / full item

  • Philippine Startup Week’s 6th edition is on now, showcasing the Filipino tech startup ecosystem and featuring speakers from Product Hunt, Google Cloud, Ideaspace and more / full item
  • Lufthansa Technik Philippines Startup Challenge unveils the startups selected for the 2024 AI-focused round of the aerospace industry competition / full item
  • Australia’s Canva partners Philippines’ Enstack e-commerce platform, providing businesses with free-to-use design tools, in part focusing on Enstack mobile app-based store builder / full item
  • 5 Project Nexus central banks to establish Nexus Scheme Org’n managing entity for live implementations of the BIS cross-border initiative to interlink realtime payment rails / full item
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