Philippine proptech unicorn Revolution Precrafted to build 2,000 villas in Puerto Rico


The deal marks Revolution Precrafted’s expansion into its ninth international market.

Philippines’ Ayala looks to sell 50% stake in coal unit, shift to renewables

AC Energy’s assets are 80% thermal and 20% renewable, with a total value of 135 billion pesos ($2.6 billion), according to a recent CLSA report.

New ride-hailing players emerge in Southeast Asia to take on Grab, Go-Jek

Regulators in Southeast Asian countries have issued permits to new ride-hailing companies to compete with market leader Grab.

Realty Digest: Century Properties, Mitsubishi in JV; Sime Darby, Mitsui enter pact

Japanese companies Mitsubishi, Mitsui and Mitsubishi are participating in separate real estate development in the Philippines and Malaysia.

Philippine proptech unicorn Revolution Precrafted bags new deal at home

The company said the deal is expected to raise at least $125 million in revenues and put the spotlight on a prime property once dubbed as “Asia’s Paradise Resort”.

Philippines: Antitrust watchdog clears Udenna’s $120m takeover of 2GO shareholder

The approval comes after both parties paid a fine for consummating the deal without clearance from the antitrust commission.

Philippine ride-hailing firm U-Hop secures investment from boxer Mayweather

Mayweather has partnered with U-Hop through his company The Money Team (TMT), which has made its first Southeast Asia investment.

Philippines: Jollibee to acquire 45% of Singapore PE fund Titan Dining for $34m

The investment will give JFC a substantial ownership in Tim Ho Wan Pte Ltd, the Asia Pacific master franchise holder of the Tim Ho Wan brand.

Philippine edtech startup Edukasyon closes pre-Series A funding

Manila-based Edukasyon has raised an undisclosed amount in a funding round backed by KSR Ventures and French Partners, ahead of its planned Series A in the fourth quarter of this year.

Ride-hailing ventures take on Manila streets, undeterred by Grab-Uber dominance

Grab now controls more than 90% of the ride-hailing market in the Philippines but struggles to keep up with demand.