Uber in Philippines

Philippines regulator denies Uber’s appeal on one-month suspension


Uber had appealed the order on Tuesday, and restarted its operations after briefly suspending it.

Philippines: Uber operations suspended for one month

In July, the transport regulator had said that Uber and rival Grab allow drivers without permits to operate.

Philippines: VC firm Original Pitch bullish on financial services, health & education

Original Pitch recently took an active stance as a business partner instead of simply maintaining passive financial commitments.

Philippines: Net Group leads $2.1m series A round in Flyspaces

A Filipino PE firm and top property developers also joined the round.

Swiss bank Lombard Odier, UnionBank Philippines launch risk-based fund

The fund is said to be the first investment vehicle in the Philippines to utilise the risk-based investment methodology.

Philippines: GT Capital forays into microfinance, picks 20% in Sumitomo-PSBank JV

The Sumitomo-PSBank JV firm offers lending or leasing to retail customers for their purchase of motorcycles in the Philippines.

Philippines: Chelsea Logistics raises $100.8m via IPO

Chelsea Logistics aims to pursue an aggressive expansion of its shipping and logistics business.

Philippines: Aboitiz Equity unit takes over Vietnam-based Eurofeed

AEV’s food arm Pilmico bought 70 per cent outstanding shares of Eurofeed.

Philippines: Aboitiz consolidates water companies after two acquisitions

The conglomerate consolidated all its water investments under Aboitiz InfraCapital Inc.

Philippines: Aclara buys GE’s majority stake in Meralco JV

Aclara is a global supplier of smart infrastructure solutions.