Philippines: Alco inks EPC deal with Dongfang Group, Knusford for Cebu Exchange

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The collaboration among the three groups is expected to bring together strengths in design, building construction, project management and expertise in the Philippine property sector.

Philippines: KK Fund leads seed round in HR-tech startup Venteny

Japan’s Ocean Capital Inc also joined the round.


Philippines: Phoenix Petroleum disposes two companies for $59.7m

The goal is to focus on Phoenix Petroleum’s core business and use some of the proceeds to pay existing debts.


Ayala forays into e-commerce, buys stake in Zalora Philippines

The deal follows Ayala’s investment in ePharmacy startup Wellbridge Health.


Philippines: Ayala Land raising $596m; Threshold of M&A deals fixed at $19.9m

Philippines: Ayala Land raising $596m; Threshold of M&A deals maintained at $19.9m


Philippines: Real estate developer Cebu Landmasters targets $75m IPO

Cebu plans to use the proceeds to expand in key cities.


Exclusive: PH-based Ayannah’s next funding round upsized to $5m

Ayannah had raised $1m Series A in 2015 from 500 Startups & Life.SREDA


Philippines: Ant Financial, Ayala take stake in Globe’s fintech unit Mynt

The deal is meant to accelerate financial inclusion and upgrade payment services in the Philippines.


Philippines: URC, Vitasoy form beverage business JV

Both will explore business opportunities in sustainable F&B products.


In battle of tycoons, San Miguel’s Ang offers $14b for new Philippine airport

His offer rivals a bid from a group led by billionaire Henry Sy.