{"id":461,"date":"2022-10-08T11:22:23","date_gmt":"2022-10-08T03:22:23","guid":{"rendered":"https:\/\/sofcpartners.com\/?p=461"},"modified":"2022-10-08T11:31:03","modified_gmt":"2022-10-08T03:31:03","slug":"industry-spotlight-blockchain-and-cryptocurrency-in-the-philippines","status":"publish","type":"post","link":"https:\/\/sofcpartners.com\/industry-spotlight-blockchain-and-cryptocurrency-in-the-philippines\/","title":{"rendered":"Inside the Philippines: October 2022"},"content":{"rendered":"<aside class=\"entry-summary\">\n<h3 class=\"entry-summary-title\">Here&#8217;s what you need to know:<\/h3>\n<ul class=\"entry-summary-items\">\n<li><a href=\"#macro-developments-inflation-hits-4-year-high-and-interest-rate-hikes-expected\">Macro Developments: Inflation hits 4-year high and interest rate hikes expected<\/a><\/li>\n<li><a href=\"#acquisition-activity-ayala-and-gokongwei-groups-to-merge-banks-san-miguel-to-acquire-major-cement-maker\">Acquisition Activity: Ayala and Gokongwei groups to merge banks; San Miguel to acquire major cement maker<\/a><\/li>\n<li><a href=\"#startup-scene-cloud-kitchen-cloudeats-and-online-shipping-platform-shipmates-raise-capital\">Startup Scene: Cloud kitchen CloudEats and online shipping platform Shipmates raise capital<\/a><\/li>\n<li><a href=\"#industry-spotlight-blockchain-and-cryptocurrency-in-the-philippines\">Industry Spotlight: Blockchain and cryptocurrency in the Philippines<\/a><\/li>\n<\/ul>\n<\/aside>\n<h2 id=\"macro-developments-inflation-hits-4-year-high-and-interest-rate-hikes-expected\">Macro Developments: Inflation hits 4-year high and interest rate hikes expected<\/h2>\n<p><em><strong>Philippine inflation rose to 6.9% in September from 6.3% in August<\/strong><\/em><\/p>\n<p><em><strong>Central bank expected to raise interest rates<\/strong><\/em><\/p>\n<hr \/>\n<h2 id=\"acquisition-activity-ayala-and-gokongwei-groups-to-merge-banks-san-miguel-to-acquire-major-cement-maker\">Acquisition Activity: Ayala and Gokongwei groups to merge banks; San Miguel to acquire major cement maker<\/h2>\n<p><em><strong>Bank of the Philippine Islands (BPI) and Robinsons Bank Corp. (RBC) announce merger<\/strong><\/em><\/p>\n<p><em><strong>San Miguel Corp. to acquire Eagle Cement for USD 1.6B<\/strong><\/em><\/p>\n<hr \/>\n<h2 id=\"startup-scene-cloud-kitchen-cloudeats-and-online-shipping-platform-shipmates-raise-capital\">Startup Scene: Cloud kitchen CloudEats and online shipping platform Shipmates raise capital<\/h2>\n<p><em><strong>Startups CloudEats and Shipmates raise USD 7M and USD 2.2M, respectively<\/strong><\/em><\/p>\n<hr \/>\n<h2 id=\"industry-spotlight-blockchain-and-cryptocurrency-in-the-philippines\">Industry Spotlight: Blockchain and cryptocurrency in the Philippines<\/h2>\n<p><em><strong>Binance looks to secure Philippine regulatory licenses through a company acquisition<\/strong><\/em><\/p>\n<p><em><strong>First PH Blockchain Week to be held from 28 November to 4 December 2022 in Newport World Resorts in Pasay City<\/strong><\/em><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><a class=\"btn\" href=\"https:\/\/sofcpartners.com\/wp-content\/uploads\/2022\/10\/SofCap-ITP-202210.pdf\" target=\"_blank\" rel=\"noopener\">Download the full report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s what you need to know: Macro Developments: Inflation hits 4-year high and interest rate hikes expected Acquisition Activity: Ayala and Gokongwei groups to merge banks; San Miguel to acquire major cement maker Startup Scene: Cloud kitchen CloudEats and online shipping platform Shipmates raise capital Industry Spotlight: Blockchain and cryptocurrency in the Philippines Macro Developments: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/posts\/461"}],"collection":[{"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/comments?post=461"}],"version-history":[{"count":5,"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/posts\/461\/revisions"}],"predecessor-version":[{"id":467,"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/posts\/461\/revisions\/467"}],"wp:attachment":[{"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/media?parent=461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/categories?post=461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sofcpartners.com\/wp-json\/wp\/v2\/tags?post=461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}