ADB raising $50m for SDG-focused debut venture fund Manila-headquartered Asian Development Bank (ADB) is raising $50 million for its debut fund that will invest in startups offering impact technology solutions that contribute to the achievement of the Sustainable Development Goals (SDGs) in Asia and the Pacific.
Philippines electronics maker Cal-Comp receives PSE nod for $210m IPO Cal-Comp Tech, which is engaged in the manufacturing of external hard disk drives and televisions, currently has over 6,000 employees at its manufacturing facilities located at the Lima Technology Center in Lipa City and at the First Philippine Industrial Park in Sto. Tomas, Batangas.
PH-based ARQCapital invests in dialysis chain operator Medline ARQCapital, a Philippines-based investment firm focused on providing growth capital, announced that it has invested in Medline, a dialysis chain operator and franchising pioneer in the country. Financial details of the investment were not disclosed.
Bank-grade ID company Fractal partners with Philippine-based investment platform Seedbox, providing bankless access to mutual funds The Berlin and Singapore-based identification management company signs an agreement with Seedbox to put the effort in driving financial inclusion in Southeast Asia, starting with the Philippines.