The International Finance Corp (IFC) of the World Bank Group and Philippine Securities and Exchange Commission (SEC) signed an agreement to improve corporate governance in country, while eight new banks partnered with a PLDT unit for its digital lending platform.
By Tomas S. Noda III
Philippine-based tech startup incubator and accelerator IdeaSpace Foundation has awarded over the weekend the top 10 teams from its 2016 startup acceleration competition.
For the past two years, the Philippine startup community has consistently made developments, but despite all these, the country has yet to give birth to a startup ecosystem.
Venturing into the fintech space, Malaysia-based CIMB Group Sdn Bhd has partnered with the wireless services provider of Philippine Long Distance Telephone Company (PLDT).
Philippine Long Distance Telephone Company (PLDT) has launched its newly created investment arm the PLDT Capital tasked invest up to $50 million in tie ups with global startup ecosystems in 2015.
The Philippine Long Distance and Telephone Company (PLDT) has acquired the Singapore-based ecommerce startup Paywhere Pte Ltd for $5 million. The acquisition is in line with PLDT Group’s goal to build its digital innovations unit, Voyager Innovations Inc, into a competitive digital economy platforms enabler. “The acquisition is expected to be… Read more »