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Philippines’ Salmon Group has raised US$100 million in funding through equity and bonds to strengthen its banking unit and expand lending, according to DealStreetAsia.The package includes US$60 million in equity and a US$40 million public bond under Salmon’s Nordic bond programme, priced at a 13.7% yield.

Spice Expeditions anchored the equity round, with Washington University Investment Management Company, Moore…

Ant International, International Finance Corp. (IFC), and GCash are developing a Sustainability Impact Scorecard. The GCash MSME sustainability scorecard will make it easier for micro, small, and medium enterprises (MSMEs) to track their environmental and social impact, easily adopt sustainability practices in business operations, and align with global standards.The scorecard aims to provide Filipino MSMEs…

Skyro has expanded its payment network through a partnership with ECPay, allowing customers to settle their loans using only their mobile numbers.The integration connects Skyro customers to ECPay’s network of over 462,000 over-the-counter locations, 90 digital touchpoints, and 16,000 kiosks across the country.

Borrowers can now process a Skyro payment via ECPay partners, which include digital…

For most people, payment systems remain invisible until something goes wrong.
Yet behind every digital transfer, securities settlement, and interbank payment sits a core infrastructure designed to move money safely and predictably.
In the Philippines, that infrastructure takes the form of the Real-Time Gross Settlement system, widely known as PhilPaSS, which now operates at a scale reflecting…