Latest Philippines News

Site Group International faces a $10 million Federal Court penalty for unconscionable conduct, while its subsidiary Site Institute Pty Ltd moves forward under a Deed of Company Arrangement.

Blackstone Minerals has raised $22.6 million through a heavily oversubscribed placement led by Macquarie Bank, fueling a major drilling program at its Mankayan Copper-Gold Project in the Philippines. The capital raise follows a transformative merger and signals strong institutional confidence in the company’s growth strategy.

SportsHero Limited has inked major partnerships with leading Southeast Asian telcos, including a US$1 million contract with the Philippines’ PLDT, to expand its cloud-based gaming platform across the region.

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.

Energy World Corporation Ltd plans to convert $440.5 million of debt into shares at a significant premium, reshaping its capital structure and boosting major shareholders’ stakes. Concurrently, the company announces key leadership changes to steer its next growth phase.

Blackstone Minerals has completed its acquisition of IDM International, issuing over 692 million shares and 83 million options, significantly expanding its copper-gold portfolio with the Mankayan project in the Philippines.

Following its merger with IDM International, Blackstone Minerals announces key board and management changes to spearhead development of the Mankayan Copper-Gold Project in the Philippines.

Celsius Resources has initiated on-site engineering and feasibility updates at its flagship MCB Copper-Gold Project, supported by new funding and an extended share return agreement with Sodor, Inc.

Firebrick Pharma has raised $0.2 million in a placement well below its $1.6 million target, prompting a review of its expansion and product development plans for Nasodine.

Jayride Group launches a new B2B SaaS platform aimed at transforming ground transportation with integrated payments, fleet management, and AI tools, promising higher margins and scalable growth.

Blackstone Minerals has completed its acquisition of IDM International, gaining full control of the Mankayan copper-gold project in the Philippines. The scheme of arrangement is now effective, marking a significant expansion of Blackstone’s Southeast Asia portfolio.

Viva Leisure has grown from 29 gyms in 2019 to over 480 locations, leveraging proprietary technology and a multi-brand strategy to lead fitness innovation across Australia and beyond.