Latest Philippines News

Peppermint Innovation has secured major partnerships with ECPay and BTI Payments, vastly expanding its physical cash-in and bill payment network across the Philippines and enhancing accessibility for millions of cooperative members.

OpenLearning Limited reports a strong Q3 FY25 with SaaS ARR up 27% year-on-year and a successful $2.6 million capital raise, positioning the company for cash flow breakeven within 18 months.

Blackstone Minerals has secured $22.6 million to accelerate exploration at its Mankayan Copper-Gold Project in the Philippines, revealing promising high-grade surface mineralization and advancing community and regulatory approvals. The company also formed a strategic joint venture to develop its Ta Khoa Nickel Project in Vietnam, positioning itself in the growing battery metals market.

Range International Limited has reported its strongest quarterly sales to date, driven by its Re>Pal Indonesia operations, while gearing up to double production capacity with a new factory and pivoting to a pallet rental model.

Nico Resources has progressed its Wingellina nickel-cobalt project through updated resource estimates, detailed metallurgical testwork, and a strategic review of scandium extraction, even as nickel market conditions remain subdued.

VRX Silica Limited has secured four binding offtake contracts for 410,000 tonnes per annum of silica sand from its Arrowsmith North project, representing nearly half of its initial production capacity and marking a significant commercial milestone.

Peppermint Innovation is repositioning as a digital wallet operator targeting the vast Philippine cooperative sector, aiming to scale rapidly and generate predictable revenue from one million active users.

IMDEX Limited reported a resilient FY25 with steady margins, reduced net debt, and strategic acquisitions positioning it for growth. The company’s FY26 outlook is optimistic, supported by improving global exploration activity and technology adoption.

Firebrick Pharma has secured a $102,000 investment from its Philippines strategic partner, Pharma Nutria N.A., Inc., reinforcing its position ahead of the Nasodine nasal spray launch in 2026.

Peppermint Innovation Limited (PIL) has addressed recent unusual trading activity, attributing it to growing market recognition of its recent fintech milestones rather than undisclosed information.

Triangle Energy (Global) Limited has been awarded a 100% interest in the SC-82 onshore exploration contract in the Philippines’ Cagayan Basin, unlocking a large prospective gas area near existing infrastructure.

Triangle Energy and its joint venture partners have been awarded two offshore service contracts in the underexplored Sandakan Basin, Philippines, holding significant contingent gas and condensate resources. These contracts mark a strategic expansion into a promising region with multi-TCF exploration upside.