Philippines: STORM advances in Startup​ ​World​ ​Cup; FrontLearners wins ASEAN award


Storm will compete with 20 other global startups for a chance to win a $1 million investment.

Philippines: Anscor divests stake in Cirrus Medical Staffing for $36.85m

The latest transaction is Anscor’s third divestment deal in nine months.

Philippines: ANZ exits investment in Metrobank JV for $287m

Metrobank and ANZ launched MCC in 2003 as a 60:40 joint venture respectively. 

Philippine startups mull IPO, equity financing – study

About 88 per cent of 106 startup leaders interviewed cited capital requirements as their greatest challenge.

SBS Philippines’ unit acquires stake in HK-based Joune Holding

SBS said the latest investment is part of its bid to diversify into the property business.

Philippines: MacroAsia, PTC ink aviation school joint venture

The JV will start its operations by the first half of 2018.

Philippines: Fintech firm Tagcash targets to raise $16m via ICO

Proceeds of the digital token sale will be used to fund Philippine-based startups and help kickstart their business ventures.

PH Digest: Shell partners QEV, ABB to build EV charging stations; AGI enters infra

An initial 100 pilot sites of the EV charging posts are planned to be placed on Shell’s selected retail stations in Metro Manila.

People Digest: Chinabank names new CFO; Zedra appoints senior trust execs in HK

Chinabank in the Philippines named Patrick Cheng as CFO, while Zedra hired two senior trust executives based in Hong Kong.

Malaysia’s Frontier Digital Ventures backs Philippine property portal Hoppler

The investment in Hoppler follows FDV’s strategy of evolving its revenue mix to be closer to the transaction and partnering with local entrepreneurs.