Corporate

Philippines edges out Indonesia in startup capital race

For the first time, the Philippines has surpassed Indonesia in startup funding, raising US$86.4 million in the first half of 2025, according to the SEA Startup Funding Report H1 2025 by DealStreetAsia and Kickstart Ventures. 

Philcement selling 15% stake to Japan’s Sumitomo Cement

Philcement Corp., a unit of Phinma Corp., announced on Wednesday that it has signed a share subscription agreement with Japan-based Sumitomo Osaka Cement Co. Ltd., for the sale of a 15 percent stake through the issuance of primary shares.

Prime Infra launches tree planting drive to boost sustainability

Prime Infrastructure (Prime Infra) has launched Prime Kalikasan: Greener Prime, Greater Future, a tree planting initiative aimed at reinforcing its environmental sustainability efforts. The program kicked off on September 5 and 6 at Prime Infra’s waste management sites in Porac, Pampanga and Barangay Binaliw, Cebu City.

APECO upskills locals for tech-driven jobs

A total of 277 individuals, including 35 APECO employees, graduated Monday from the joint Computer Literacy Program spearheaded by the Aurora Pacific Economic Zone and Freeport Authority (APECO), in partnership with TESDA and the Fil-Chi Love and Care Foundation, Inc.

DigiPlus launching major international expansion in Brazil

Online gaming company DigiPlus Interactive Corp. announced it will launch operations in Brazil on September 22, marking its first major international expansion and a strategic move into one of Latin America’s fastest-growing online gaming markets.

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