Paris Baguette Philippines Inc. has announced a significant development in partnership with Berjaya Food (International) Sdn. Bhd., a subsidiary of Berjaya Food Berhad (BFood), and Middle Trade Inc., along with Paris Baguette Singapore. The collaboration aims to introduce the renowned South Korean café bakery brand to the local market. The...
Capital A has joined forces with UnionDigital Bank, the digital bank subsidiary of Union Bank of the Philippines, to collaborate with three key subsidiaries - AirAsia, airasia Superapp, and BigPay. This partnership was announced at the APEC Business Advisory Council (ABAC) meeting press conference in Cebu, attended by industry leaders...
Provenir, a provider of data and AI-powered risk decision-making software for fintech companies and financial services providers, has announced a strategic partnership with Investree Philippines, the country's first crowdfunding intermediary and funding platform. This partnership will allow Investree to integrate Provenir’s data, decision making and AI capabilities to provide accessible...
OPINION I've been grappling for a long time what it means to be a unicorn. Or to have unicorns among us. That seems to be an obsession among entrepreneurs, especially within the startup community. Unfortunately the obsession has also spread to our policymakers - many of whom have never run any business...
Mastercard and Grab have announced the “Small Business, Big Dreams” regional program to digitally upskill gig economy workers and small businesses in Indonesia, the Philippines, and Vietnam. The collaboration is part of Strive Community, a global philanthropic initiative developed by the Mastercard Center for Inclusive Growth and Caribou Digital. Strive...
Mastercard and Atome have partnered to launch the Atome Card in the Philippines, offering Filipino consumers a new way to pay with credit by providing cardholders with an Atome line of credit that can be used to pay retailers simply by presenting their Atome Cards during check-out. Among the features...
  Prime Global Finance Corporation (PGFC) — one of the first private lending companies of its type in The Philippines — has recently launched its fully automated and digital loan application process for its clients. PGFC started primarily to support vendors and suppliers who were doing business with the Hortaleza Group...
The Philippines and Singapore have signed an agreement that aims to support the financial education and digitization of Filipino SMEs. The memorandum of understanding was signed by Monetary Authority of Singapore (MAS) chief fintech officer Sopnendu Mohanty and Department of Trade and Industry-Philippines Trade Training Center executive director Nelly Dillera...
Earlier in November, central banks in Indonesia and the Philippines kept interest rates at record lows to support the countries slow recovery from the pandemic. Southeast Asia's largest economy, Indonesia, grew by a disappointing 3.51% in the third quarter as restrictions to control COVID-19 cases weighed on activity. The picture...
After 20 months of pandemic-induced restrictions and lockdowns, borders are in the reopening phase across Southeast Asia. Thailand opening of its border has already boosted tourism and given a ray of hope to the region's airline industry. More countries across Asia are now speeding up their reopening schedules to kickstart...
The Philippines business leaders have joined the clamor of foreign firms for the full lifting of foreign equity restriction in public services sector, particularly transportation, telecommunication and power generation. Major Filipino business groups – Philippine Chamber of Commerce and Industry, Philippine Exporters Confederation, Employers Confederation of the Philippines, Supply Chain Management...
Jungle Ventures raised $225 million in the first close of its fourth fund as the venture capital firm seeks to replicate its successes in startups across Southeast Asia and India. Many of its existing investors in previous funds backed the latest one, founding partner Amit Anand said in an interview....

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