Latest Philippines News

Triangle Energy (Global) Limited proposes a capital reduction via an in specie distribution of nearly 20 million Tetragon shares to its shareholders, spinning out its Philippines projects into a new entity set to pursue an ASX listing.

Peppermint Innovation Limited reported a $1.27 million net loss for the half-year ending December 2025 while achieving key milestones including activation of national payment rails in the Philippines and settling a statutory demand that led to an ASX trading suspension.

Triangle Energy has secured joint funding with Tetragon and Winchester Energy to undertake a strategic exploration study in Indonesia, potentially paving the way for a new production sharing contract.

Triangle Energy is set to spin out its Philippine oil and gas assets into a new ASX-listed company, Tetragon Energy, offering shareholders direct exposure to promising Asian resources.

Triangle Energy has embarked on a joint study agreement to explore an offshore area in Indonesia, aiming to secure priority rights for a future production sharing contract. The six to eight-month study signals the company’s strategic push into under-explored regions with promising oil and gas potential.

Energy World Corporation appoints Alan Jowell as Executive Chairman to spearhead its strategic review and project development, while exploring asset sales alongside its flagship Pagbilao LNG and Power Project.

Celsius Resources' subsidiary has formally notified its partner of plans to relinquish a 60% stake in Makilala Mining Company, with regulatory compliance and shareholder engagement underway.

Peppermint Innovation has attracted a strategic A$2.1 million investment from key Philippine payments companies, accelerating its digital wallet platform’s growth in the country’s fast-evolving market.

Rhythm Biosciences has inked a pivotal distribution agreement with UK-based Digistain Limited to introduce its geneType™ genetic test portfolio in Southeast Asia, starting with the Philippines. This marks Rhythm’s first commercial foothold in the region, setting the stage for broader expansion.

Energy World Corporation has eliminated all group-level borrowings, strengthening its balance sheet and advancing key LNG and power projects in Southeast Asia amid ongoing operational losses.

Firebrick Pharma reports a reduced half-year loss of $1.26 million while launching its Nasodine Throat Spray in Singapore and Fiji, with regulatory approval pending in the Philippines.

Celsius Resources has raised A$9.3 million through a well-supported institutional placement, strengthening its balance sheet to advance the financing and early development of its flagship MCB copper-gold project in the Philippines.