Philippines

Philippine fintech startups and old players jockey for digital banking

Up-and-coming digital banks are at the stage of making upfront investments to woo customers.

Oona has agreed to acquire the 40% stake of Insular Life in the non-life insurance JV.

The funds will help the country implement its commitments to climate action under the Paris Agreement.

Maersk intends to scale up its warehousing and distribution in the region by up to 50%.

The past week saw several fundraisings and deals in the climate sector.

The Mayani and GCash partnership will facilitate loans for organised farmers and fisherfolk in rural areas.

Bursa Malaysia stock exchange had classified both AirAsia X and Capital A as financially distressed companies.

Former Binance chief Changpeng Zhao stepped down as CEO last week.

Data centres use significant amounts of energy and water resources to fuel power-hungry servers.

The healthtech sector has defied the wider dealmaking slowdown in the first nine months of 2023.