Vietnamese conglomerate Vingroup, the parent company of electric vehicle (EV) manufacturer VinFast, plans to invest $500 million or around P31.7 billion in EV manufacturing plant in the Philippines, with an initial production capacity of 200,000 vehicles annually, according to the Department of Trade and Industry (DTI).

Mynt, the parent company of GCash, debuted on the Philippine Stock Exchange (PSE) on Tuesday, Oct. 20, following an initial public offering (IPO) that could raise up to P60.9 billion, as the fintech company looks to expand beyond digital payments.

Singapore-based manufacturer MNEX is investing P180 million in a Batangas plant that will produce precision-molded components for consumer electronics, medical devices, and industrial products, with production targeted to start in early 2027.

Cash-on-delivery (COD) remains more entrenched in the Philippines than in any other Southeast Asian market, accounting for about 23% of e-commerce transaction value despite the growing use of real-time digital payments.

The Department of Information and Communications Technology (DICT) has appointed undersecretary Leandro Angelo “Dino” Aguirre to oversee cybersecurity and strategic initiatives as the agency reorganizes its leadership and prepares to convene the Cybercrime Investigation and Coordinating Center (CICC).

Only 59% of organizations in the Philippines are very confident they can detect and respond to a compromised artificial intelligence (AI) agent, as cybersecurity teams face challenges in coordinating responses and accessing critical data, according to a Cisco report released on October 19.

The Bangko Sentral ng Pilipinas (BSP) has thrown its support behind a regional anti-scam education program that aims to train three million people across Southeast Asia to recognize, avoid, and respond to online fraud.

Cybersecurity firm Fortinet is pushing an AI-native approach to enterprise security as organizations face growing threats from artificial intelligence (AI), unauthorized use of generative AI applications, and increasingly fragmented security infrastructure.

Manny Pay has denied reports or speculation that it is shutting down, saying it is preparing a new version of its payment app for launch next month.

Rakuten Viber reported increased user activity in the Philippines, with average daily time spent on the messaging platform rising 24% and monthly active users projected to grow 16.5%.

Google has rolled out Ask Maps in the Philippines, giving users a conversational way to find places, plan routes, and check road conditions through the Google Maps app.

An artificial intelligence-powered disaster alert system and an electric vehicle conversion technology won the top prizes in the Intellectual Property Office of the Philippines’ 2026 Socially Relevant Technologies Contest.

The Department of Trade and Industry (DTI) is proposing mandatory safety certification for light electric vehicles (LEVs) and their batteries before they can be sold in the Philippines, citing risks involving electrical malfunctions, overheating, and fires.

Electrified vehicle sales in the Philippines rose 136.4% to 38,286 units from January to July 2026, even as overall vehicle sales fell 10.2%, as the 14th Philippine Electric Vehicle Summit opened Thursday, Oct. 22, at the SMX Convention Center in Pasay City.

Vietnamese conglomerate Vingroup, the parent company of electric vehicle (EV) manufacturer VinFast, plans to invest $500 million or around P31.7 billion in EV manufacturing plant in the Philippines, with an initial production capacity of 200,000 vehicles annually, according to the Department of Trade and Industry (DTI).

FAWCAR will launch three models under its JOYEE new energy vehicle brand in the Philippines on Oct. 22, expanding its lineup in the country market with two SUVs and a coupe.

PLDT and Smart will install e-waste collection bins under their “Be Kind. Recycle.” program and conduct activities to promote proper disposal and recycling of electronic waste.

Appliance store Moderno Home Depot has introduced the MHD-4500 AI Smart Toilet in the Philippines, offering smartphone-based controls, automated hygiene functions, and voice command capabilities for P48,999.

Bambu Lab has opened its first authorized store in the Philippines at SM Megamall, providing a dedicated retail space for its desktop 3D printers, filaments, accessories, and other products.

DreamWorks Animation’s “Forgotten Island,” which features Filipino stars Liza Soberano and H.E.R., saw a sharp rise in Google search interest in the Philippines during its premiere week, as the film also drew attention to the Filipino folklore that inspired parts of its story.