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 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.
Leyte Rep. Ferdinand Martin Romualdez resigned Wednesday as Speaker of the House, citing the need to restore public trust amid allegations tied to flood control projects personally flagged by President Ferdinand Marcos Jr.
SM Leisure Resort Residences, a unit of property developer SM Prime Holdings, is set to complete Horizon Terraces within Tagaytay Highlands, with Scottsdale Villas scheduled for turnover in December 2025 and Redstone Condominiums in March 2026.