Tech news from The Philippines across Q1 of 2024 covered January, February and March headlines in a variety of fields. These included, for instance:
The 2024 overview of The Philippines’ venture capital space; Philippines-Australia agreements on maritime cooperation and in cybersecurity technologies; a non-blockchain central bank digital currency for The Philippines; the country’s first lithium-ion battery production facility; and more.
In March 2024 | In February 2024 | In January 2024
Our other editions
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– critical & emerging technologies
Connected Women: Digital workforce solutions
Philippines tech: March 2024
- Philippines: BitGet cryptocurrency exchange commences roadshow on college campuses as part of $10M Blockchain4Youth campaign, aiming to raise student awareness of web3 and crypto / read it here
- Philippines: A brief overview of the Luft Pinoy eVTOL, a concept-stage electric-hydrogen aircraft with a prototype expected to be completed by year-end / read it here
- Video: ‘Creating a smart nation ecosystem in the Philippines’, an overview from APAC DAO, Elevandi Japan and Go Philippines at the recent Blockchain Social Philippines event / on YouTube
- The Philippines and Australia ink agreements around boosting maritime commitments, and for cooperation on cyber and critical technologies / read it here
- Available now: ‘Philippines Venture Capital Report 2024’, from Boston Consulting Group and Foxmont Capital Partners / read it here
- Download: National Artificial Intelligence Strategy Roadmap for The Philippines (pdf) / read it here
- Zed Philippines launches Mastercard Titanium credit card with no fees, transaction or service costs, targeting Gen Z and with unlimited ‘virtual cards’ as method to safeguard personal details / read it here
- Philippines: A brief interview intro to AllSchool, an all-in-one digital campus solution which includes use of blockchain to issue and verify student certificates / read it here
- Philippines: Kaya Founders VC firm hits second close of 2 SEA tech startups funds, building on 44 companies currently with target of another 30-40 investments over 4 years / read it here
- Video: 4 hours of discussions from the recent Build Startup Festival in The Philippines / watch on Facebook
- Philippines: Axie Infinity rolls out developments in Yield Guild Games, moving into a ‘guild protocol’ model, effectively positioning as an infrastructure layer for blockchain gaming / read it here
- Philippines: Binance, world’s largest cryptocurrency exchange by trading volume, faces a ban in the Philippines with financial regulator blocking access due to unlicensed activities / read it here
- An intro to 3 of the startups taking part in Block Dojo Philippines Cohort 1, working on blockchain solutions in real estate, logistics and credentials / read it here
- South Korea’s GLN expands QR payments to the Philippines in partnership with Asia United Bank, enabling the QRPh cross-border payment service for visitors to the Philippines / read it here
- Inaugural India-Philippine Tech Summit took place recently, gathering stakeholders in digital domains for networking and to explor government-to-business and business-to-business partnerships / read it here
- Australia: Stables, digital wallet and payments startup, launches international remittances powered by stablecoins, focusing on Australia-Philippines transactions / read it here
KPMG: Virtual Assets 2023 Review and 2024 Outlook
Filipino Tech: February 2024
- Philippines: Vietnam’s Vingroup conglomerate to invest in the Philippines, initially with VinFast EV brand establishing electric vehicles dealerships, and the Philippines positioned to step into battery tech
- The Philippines to host development of US firm’s LuftCar hydrogen-powered eVTOL – electric vertical takeoff and landing – vehicle via partnership with eFrancisco Motor Corporation
- Philippines: SaaScon PH 2024 set for April in Metro Manila, bringing together professionals in the software-as-a-service industry and associated technologies
- Philippines: Central bank is likely to issue a wholesale CBDC inside 2 years – but without the use of blockchain or digital ledger tech that underpins many virtual assets
- Video: ‘How the Philippines is transitioning to a premier investment hub‘, a discussion from the Digital Pilipinas Festival in November 2023
- Philippines: Sari Fund launches with inventory financing services for sari-sari mom-and-pop stores nationwide
- Philippines: Department of Science and Technology partners consortium of tech innovators to help returning overseas Filipino workers start and sustain tech-based startups
- “Launched in 2020, iFWD PH is the DoST’s initiative to assist OFWs who lost their jobs abroad due to the pandemic, and have had to go back home with no immediate prospects of employment. iFWD PH gives these OFWs and their families the opportunity to start their own technology-based businesses under the tutelage of the DoST’s experts.”
- Philippines: Iveda launches $5M venture to fulfil contracts over 12 months to bring AI-driven smart cities tech to 100 government units
- Japan: City of Kochi to step into the metaverse for boost via ‘virtual tourism’ in partnership with Philippines-based Start Lands
Foxmont & BCG: Philippine Venture Capital Report 2024
Tech Philippines: January 2024
- Philippines is set this year to receive Indian-made BrahMos anti-ship cruise missiles, bolstering the Philippines Navy’s ability to safeguard its sovereign rights in the region
- Video: ‘Why the Philippines is the next startup hub in ASEAN’, a discussion from the recent Digital Pilipinas Festival
- Video: Interview intro to Packworks, end-to-end sari-sari store digitization startup representing Philippines at Startup World Cup
- Philippines: Cirtek gains approval for production of 2- and 3-wheel e-motorcycles and lithium-ion batteries, marking the first production facility for the country
- Philippines: Survey suggests 9 in 10 Filipinos now use fintech apps in daily transactions
- An overview of the recent Philippine Startup Week 2023 conference which featured over 170 startups and events in more than 17 cities
- Philippines: Sprout Solutions B2B software-as-a-service firm acquires PH operations of JustPayroll, a provider of enterprise-grade payroll solutions
- Philippines: Toki social commerce startup gains $1.8M pre-seed funding with a focus on collectible items, and currently providing the country’s only livestreamed auctions
- Philippines: “…Chinese group known as Stately Taurus was blamed for an attack that had compromised a Philippine government agency earlier in 2023, coinciding with clashes…in the South China Sea…”
- Philippines: An overview of the recent Block Dojo Philippines Bootcamp, and the blockchain startups that took part
- Philippines: Fortinet global cybersecurity firm survey finds ransomware incidents in the Philippines more than doubled in frequency in 2023 compared with 2022
- Philippines: Applications for ADVanCE for Creatives – the Accelerating Development, Valuation, and Corporate Entrepreneurship program – close January 31st
- “The projections of Philippine-based fintech startup Mochi suggest that 67% of retail payments in the country will be digital [in] 2024…”
Google Whitepaper: ASEAN and Artificial Intelligence
Asian tech news: Other platforms
- Daily – LinkedIn / Twitter/X / Facebook
- Newsletters – weekly on LinkedIn / Substack
- Monthly collections – countries across AsiaPac / IndoPac
- Asia tech, quarterly – 3 months’ coverage per country
- Critical technologies – global news, monthly & quarterly
