30/1/2026

Newsletter

Philippines Newsletter – Jan 2026

Philippines Newsletter – Jan 2026

Market Summary

The Philippine deal landscape in January 2026 remained active across sovereign capital markets, foreign strategic investment commitments, and selective mid-market corporate M&A. Activity was anchored by a large-scale inbound investment commitment and a USD sovereign bond issuance, alongside continued deployment into technology, media, healthcare services, logistics, and energy assets.

Aggregate disclosed corporate deal value reached c. USD27.94m, primarily driven by a strategic technology investment and a digital media acquisition, while several additional mid-market transactions were completed with undisclosed consideration. Venture and early-stage funding remained present within technology and fintech verticals, reflecting continued capital allocation into scalable digital platforms despite limited public valuation disclosure.

Aggregated deal value1 = c. USD27.94m

This month’s top deals

Financial Services

Republic of the Philippines launches multi-tranche USD global bond issuance

The Republic of the Philippines returned to the international capital markets with a 5.5-year, 10-year, and 25-year US dollar global bond issuance, marking its first external sovereign issuance of 2026.

Article link: Republic of the Philippines launches multi-tranche USD global bond issuance

Technology

PLDT invests USD20.6million in Kayana Solutions

PLDT Inc. approved a PHP1.215 billion (c. USD20.61 million) equity subscription in Kayana Solutions Inc., supporting the expansion of its technology development initiatives.

Article link: PLDT invests USD20.6 million in Kayana Solutions

Healthcare & Life Science

Nephrocare acquires dialysis center assets in Cauayan
Nephrocare Health Care Services (Philippines), Inc. acquired the operating assets of Dialysis Center of Cauayan Inc. in a transaction valued at c. USD0.64 million, expanding its dialysis service footprint.

Article link: Nephrocare acquires dialysis center assets in Cauayan


Philippine Competition Commission clears healthcare joint venture

The Philippine Competition Commission approved GCMC, Navegar II, and LeapFrog joint venture, citing no market overlap or competitive conflicts. Transaction value was not disclosed.

Article link: Philippine Competition Commission clears healthcare joint venture

Telecommunication & Media

Nexscient acquires Flipside Digital Content Company
Nexscient, Inc. agreed to acquire Flipside Digital Content Company, Inc. in a transaction valued at c. USD6.2 million, expanding its digital content portfolio.
Article link: Nexscient acquires Flipside Digital Content Company

Transportation & Logistics

Lean Staffing Solutions acquires CarParts.com Manila operations
Lean Staffing Solutions, Inc. completed the acquisition of the Manila captive operations of CarParts.com, Inc., transitioning the support platform to an outsourced structure. Transaction value was not disclosed.

Article link: Lean Staffing Solutions acquires CarParts.com Manila operations

Note: (1) Deal values include disclosed announced & closed deals with amounts restricted to the local scene i.e., amounts related to the Vietnam entity and/or business. Rumoured deals are not included. Cross-posted deals are also adjusted to avoid double counting.