Latest Philippines Market News

SportsHero has launched its iGV Game Pass subscription in the Philippines through a strategic partnership with PLDT Home, tapping into a booming PC gaming market.

Range International Limited reported a significantly reduced half-year loss alongside a 63% revenue increase, driven by strong pallet sales and resolution of Indonesian tax disputes. The company is now positioning for growth with factory relocations and new market entries.

OpenLearning Limited reported a 30% revenue increase for the half-year to June 2025, driven by expanded AI-powered LMS adoption and multi-year contracts in the Philippines, while working towards break-even despite a wider loss.

Peppermint Innovation Limited reported a modest 4% revenue increase for FY25 alongside a 56% wider net loss, driven by rapid user growth and strategic divestments. The company’s operational momentum contrasts with auditor concerns over its financial sustainability.

Peppermint Innovation Ltd has launched direct InstaPay integration, enhancing real-time digital payments and securing a key Merchant Acquisition Licence from the Bangko Sentral ng Pilipinas, positioning itself for growth in the Philippine market.

SportsHero Limited has advanced its iGV Family Game Pass commercialization with launches in Indonesia and the Philippines, backed by new Telco partnerships and a A$1.65 million capital raise.

SportsHero Ltd has inked a US$1 million agreement with PLDT Inc, the Philippines’ largest telco, to distribute its iGV Family Game Pass, marking a major milestone in its Southeast Asian expansion.

SportsHero Limited has made significant strides in commercialising its iGV Family Game Pass, securing key partnerships with major Southeast Asian telecom operators and expanding its market footprint to the Philippines.