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Philippines: January 2025

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  • Philippines: Asian Development Bank inks financing package of up to $100M to support Ayala Corporation in moves to develop an electric mobility ecosystem in the Philippines / full item
  • Philippine banks prep to launch PHPX stablecoin for real-time remittances, developed by Singapore’s Just Finance, with sights on the $40BN OFW cross-border remittances market / full item
  • Online now: ‘Private Equity and Venture Capital Landscape in the Philippines – 2024 in Review and 2025 Outlook’ from PwC / full item

“…the Philippines has been deemed the second most attractive emerging market for clean power investments, even beating economic powerhouse China.” / full item

  • Nestlé Philippines partners Mober to integrate electric vehicles into its mid- and last-mile delivery operations / full item
  • The Philippines and Canada are to establish a cybersecurity roadmap as part of wider collaborations / full item
  • The Philippine Space Agency, PhilSA, has opened applications to its Advanced Degrees for Accelerating Strategic Space R&D and Applications – AD ASTRA – Scholarships Program / full item
  • Philippines: Int’l Rice Research Institute and XAG agri-tech ink MOU on precision farming using drone tech, looking at smart agriculture technologies in rice-based cropping / full item
  • The Philippine Space Agency in late October 2024 formally became a full member of the International Astronautical Federation / full item

“…80% of the 400 Philippine offshore gaming operators (POGO) hubs have already ceased their operations… those defying the total ban order have resorted to a ‘guerilla’ style of operations” / full item

  • Philippines: Recent study suggests the digital lending market in the Philippines could exceed $1 billion in value in H2 2025 / full item
  • Philippines: Central bank lifts moratorium on establishment of new digital banks and conversions of bank licenses to digital ones, tho limiting digi-bank licenses to 10 in total / full item
  • Philippines: Kickstart Ventures VC to fund up to five startups this year, focusing on artificial intelligence and cybersecurity, adding to its 70-firm portfolio / full item
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