Tech news headlines from The Philippines in May 2023 covered items and developments including: venture capital funding in the country; the growth in BNPL – buy now, pay later – fintech in The Philippines; the Philippines hosting the world’s largest floating solar power project; and more.
Each link below is a Philippines tech news headline; behind each one is the full article, online and free-to-read.
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Philippines Blockchain Week 2023 – September 10-14
- Philippines: A brief video interview with ICT Department official, discussing the country’s startup ecosystem
- Philippines: A brief look at the recent Women In Blockchain event held in Manila, delivered by Binance and Yield Guild Games
- Philippines: Gov’t awards Blueleaf Energy and SunAsia Energy contracts to construct and manage world’s largest floating solar project, with capacity of 610.5 MW
- Grab Philippines fined $160K by Philippine Competition Commission due to ride-hail giant failing to refund consumers in full more than 3 years after ruling
- Available to download: Philippine Venture Capital Report 2023 from Boston Consulting Group
World Economic Forum Global Cybersecurity Outlook 2023
- Philippines: Applications for the Shell LiveWIRE Acceleration Program 2023 close June 5th, seeking tech startups and community-focused enterprizes
- Philippines: Angkas ride-hail firm’s Motorcycle Nanopreneur Digital Jobs Platform aims to turn 18M owners into small businesses, in part making it easier for unbanked populations to earn
- Philippines: An intro to Tekkon, Pokemon Go-like app using crowdsourcing to gamify public utilities repair, with users incentivized to monitor infrastructure in exchange for cryptocurrency
KPMG Venture Pulse Report Q2 2023 – Asia findings
- Investree Philippines crowdfunding platform launches ‘SME: The Heart of Investree’ campaign, aiming to boost accessibility and affordability of working capital for the country’s SMEs
- Philippines: Kickstart Ventures to speed deployment of $180M startup fund, with sights on 4th fund once current fund is depleted
Philippines’ BillEase, China’s Alipay+ and Agoda: “…recorded more than 26 times increase in ‘buy now, pay later‘ transactions in the travel category in [Q1} 2023, compared to the first quarter of 2022.”
- TikTok commences testing of AI-driven chatbot in the Philippines, apparently using as-yet unknown third-party AI provider rather than in-house tech from either TikTok or parent, ByteDance
- Etiqa Philippines partners UBX open finance platform to offer ‘Insure Now, Pay Later’ plan to consumers with or without credit cards
CSIS: Pulling back the curtain on China’s maritime militia
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