Philippines: JG Summit unit, China’s Oriente form fintech JV

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The JV, Oriente-Express, is setting up a digital financial services marketplace.

PH Digest: ServeHappy Jobs wins Techtonic challenge; ASEAN social startup awards

The startup recently nailed the Philippine leg of Seedstars World.


Cirtek Holdings Philippines acquires US antenna firm Quintel for $77m

The acquisition is in line with Cirtek’s positioning in high-growth segments.


Philippines: Carret Private to acquire 20% stake in Maestro Holdings

Maestro Holdings Inc is a Filipino financial services firm under the Tanco Group of companies.


PH Digest: DoubleDragon raises $191m in debt market; PhilRealty buys Meridian properties

DoubleDragon says it has fully funded all its capex requirements for its 2020 plans after raising $191 million in the debt market.


Philippines: San Miguel enters luxury car biz with BMW distribution JV

The new SMC Asia Car Distributors Corp is a 65:35 joint venture company between San Miguel and businessman Jose Alvarez.


Philippines: Chelsea Logistics all set for $157m IPO

The company’s offer period is slated from July 24 to 31. Its tentative listing date is August 8.


Grab, Uber at receiving end as Philippines cracks down on 50,000 unauthorised vehicles

Transport regulator has said Grab and Uber continue to allow drivers without permits to operate.


San Miguel president Ang to buy Philippine Daily Inquirer publisher

The newspaper is among the country’s top three by circulation.


Philippines: CashCashPinoy decries ‘shutdown’ reports even as it remains offline

Firm says it is updating its technology and undergoing a brand transformation.