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


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.