While most of these startups are yet to prove they can turn a profit, entrepreneurs are beginning to replicate similar ideas in South Asian markets, where most people don’t have accounts with …
Philippine digital bank snags $21M in Series A
Tonik Financial has secured $21 million in its Series A round, which it will tap to kickstart its digital bank services next quarter in the Philippines where it estimates has a $140 billion retail …
Journalist Maria Ressa found guilty of “cyber libel” by Philippines court
Ressa and Santos were hit with prison sentences of six months and one day to up to six years but can remain free on bail while they appeal the verdict.
Maria Ressa: Rappler editor found guilty of cyber libel charges in Philippines
Case against editor of influential news website – who faces up to six years in prison – condemned as ‘a sinister action’ …
‘Embrace your fear’: Philippines’ Maria Ressa faces libel verdict
Rappler CEO has been targeted by the Duterte administration for the news website’s coverage of the deadly war on drugs.
Trial of journalists to deliver ‘existential moment’ in Philippines
Editor of news website Rappler could face prison if convicted under ‘cyber libel’ law …
AMLC: Philippines faces sanctions if terror bill not passed
The Philippines faces possible sanctions from Paris-based anti-money laundering watchdog Financial Action Task Force (FATF) if it fails to pass key laws, including the controversial anti-terrorism …
Coronavirus: Yemen, Philippines close missions in Saudi Arabia
Yemeni and Philippine embassies in Riyadh announce emergence of a number of coronavirus cases at diplomatic missions.
Philippines reports 539 new coronavirus cases, 14 new deaths
The Philippines reported 539 more coronavirus infections on Sunday, bringing the total number of confirmed cases to 25,930.
Chinese gamblers defying a ban at home are powering the Philippines’ casino boom
Online casinos have mushroomed in the Philippines in the past two years, catering to players in China where gambling is illegal. It has been both a boon and a curse for locals.