Philippines: Maynilad Water inks $217.9m debt deal with JICA, Japanese banks


First time JICA is lending directly to a private firm in the Philippines and to the water sector.

Philippines: Bonham Strand to acquire controlling stake in Medco for $2.2m

The transaction will give Medco a healthier balance sheet

Philippines: Basic Energy, VTE mull stake acquisition in Solmax Power

Basic Energy and VTE are set to undertake due diligence on Solmax.

Philippines: Ayala unit buys Germany’s MT Misslbeck Technologies for $30m

Deal in line with Ayala’s focus on the automotive value chain.

Philippines: GBP picks 50% stake in power holding firm ATEC

The deal marks GBP’s entry in the Mindanao market.

Exclusive: Japan’s Leave a Nest mulls startup hub in Philippines

The investor plans to launch a local branch in Metro Manila next year.

Philippines: Araneta completes majority stake acquisition in Philweb for $40.5m

Former chairman Roberto Ongpin sold 118.5 million shares of Philweb to GA Inc

Philippines: 500 Startups backs mobile platform engageSPARK

The financing will be used to fund sales and marketing expansion globally.

Philippines: Millennium Global picks 49% in Vietnamese aqua foods firm Paseco

Through Paseco, Millenium Global expects to gain additional international exposure with an added base within Asia.

Philippines: SBS unit buys stake in Goldchester Holdings for $9.6m

Goldchester owns a 3.1-hectare prime real estate property in Quezon.