Philippine startup funding doubles as deal activity falls
Philippine startup funding more than doubled in the first half of 2026, but a shrinking number of transactions revealed a market increasingly reliant on a few large deals rather than broad-based investor participation.
BCDA, AG&P explore LNG power, AI infrastructure development
The Bases Conversion and Development Authority (BCDA) has partnered with Singapore-based Atlantic, Gulf and Pacific (AG&P) Group to study the potential development of a liquefied natural gas (LNG)-powered plant and artificial intelligence-ready digital infrastructure in New Clark City, as the emerging economic hub seeks to accommodate more technology-intensive industries.
DigiPlus abandons New Zealand license bid
DigiPlus Interactive Corp. announced Wednesday it is withdrawing from final bidding rounds for New Zealand’s online gaming license, following updated market analysis.
New DICT chief De Claro vows to fast-track PH digital transformation
Newly appointed Department of Information and Communications Technology (DICT) Secretary Robert Joseph Montes de Claro has committed to accelerating the country's digital shift and delivering better public services.
Rockport Power secures renewed RES License
Rockport Power Inc. has renewed its Retail Electricity Supplier (RES) License, ensuring it can continue delivering competitive, reliable, customer-focused energy solutions to Philippine businesses.
