Philippines Business News

Idaho Copper Corporation Announces Closing of Offering

Boise, Idaho, July 06, 2026 (GLOBE NEWSWIRE) -- Idaho Copper Corporation ("Idaho Copper” and the "Company”) (NYSE American: COPR, COPR WS), a critical minerals developer advancing the flagship CuMo copper-molybdenum-silver project in Idaho, today announced the closing of its underwritten public offering of shares of its common stock and warrants at a public offering price of $4.85 per share and accompanying warrant for gross proceeds of approximately $18,000,000, before deducting underwriting di

VITBIO Unveils the World's First AI Golf Training System Combining Full-Body Motion Capture and Plantar Pressure Analysis

TAIPEI, July 7, 2026 /PRNewswire/ -- Sports technology innovator VITBIO has announced the launch of OmniGmot AI Golfer, the world's first integrated golf biomechanics system to combine full-body AI motion capture with comprehensive plantar pressure analysis in a single wearable solution. Developed entirely with VITBIO's proprietary patented technologies, the system delivers laboratory-grade biomechanics insights directly on the golf course. VITBIO will exhibit at Tokyo Big Sight during SPORTEC 2

LGI Homes, Inc. Reports June and Second Quarter 2026 Home Closings and Announces Date for Second Quarter Earnings Conference Call

THE WOODLANDS, Texas, July 06, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 496 homes in June 2026, including 29 currently or previously leased single-family rental homes. This represents an 8.5% increase compared to 457 homes closed in June 2025. Additionally, the Company closed 1,440 homes during the second quarter of 2026, including 75 currently or previously leased single-family rental homes. This represents an 8.8% increase compared to 1,323 homes closed

Leading Through Fire: Resilient Leadership for People, Planet, and the Future, published by Lumination Hive, Wins 2026 Nautilus Gold Award

The award-winning book offers a practical framework for leading with resilience, stewardship, and purpose in a rapidly changing world. Portland, OR, July 06, 2026 (GLOBE NEWSWIRE) -- Leading Through Fire: Resilient Leadership for People, Planet, and the Future, by Portland author and Chief Executive Officer Brenna Davis, has been recognized with a 2026 Nautilus Gold Award for Business & Leadership, earning Gold in the Small Press/Independent Press division. The Nautilus Book Awards recognize boo

Gene Solutions' SPOT-MAS 10 Places Asia-Led Cancer Screening Innovation in the Global Spotlight

A blood-based cancer screening technology developed in Asia is gaining international attention after real-world data from more than 84,145 individuals were presented at ASCO Breakthrough 2026 and highlighted by the American Society of Clinical Oncology. For Gene Solutions, this milestone underscores the growing global relevance of Asia-led multi-cancer detection innovation. SINGAPORE, July 7, 2026 /PRNewswire/ -- Gene Solutions, a biotechnology company advancing genomic solutions for cancer dete

GameChange Energy awarded 380 MWp tracker order in Australia

SYDNEY, July 7, 2026 /PRNewswire/ -- GameChange Energy, a global provider of renewable energy infrastructure solutions, today announced that it has been selected to supply its Genius Tracker™ 1P Terrain Following system for the 380 MWp Lower Wonga Solar Farm in Australia. The project is being developed by Lightsource bp, with INTEC Energy Solutions as the EPC partner. GameChange Energy team with INTEC Located in Queensland, the project will deploy GameChange Energy's Genius Tracker™ 1P Terrain F

Equinox Gold Announces Sale of Shares of Versamet Royalties

VANCOUVER, British Columbia, July 06, 2026 (GLOBE NEWSWIRE) -- Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) ("Equinox Gold” or the "Company”) announces it has sold an aggregate of 8,713,000 common shares (the "Versamet Shares”) of Versamet Royalties Corporation ("Versamet”) pursuant to an agreement with National Bank Financial Inc. by way of a block trade (the "Disposition”) for aggregate gross proceeds of C$130 million. Immediately before the Disposition, Equinox Gold had beneficial owners

Viking Acquisition Corp. II Announces Closing of $230 Million Initial Public Offering

NEW YORK, July 06, 2026 (GLOBE NEWSWIRE) -- Viking Acquisition Corp. II (NYSE: VII U) (the "Company” or "Viking”), a Cayman Islands exempted company, announced today the closing of its initial public offering of 23,000,000 units at a price of $10.00 per unit, including an additional 3,000,000 units sold pursuant to the full exercise of the underwriters’ over-allotment option, for gross proceeds of $230 million. Each unit consists of one (1) Class A ordinary share and one-third (1/3) of one redee

United States Mint Strikes Limited-Edition 2.5-Ounce Silver Fourth of July Declaration of Independence Quarters

WASHINGTON, D.C., July 06, 2026 (GLOBE NEWSWIRE) -- The United States Mint (Mint) at Philadelphia struck 250 2.5-ounce silver Semiquincentennial 2026 Declaration of Independence quarters on the Fourth of July under the authority at 31 U.S.C. 5112(u), which authorizes the minting and issuing of silver fractional coins with designs for the Semiquincentennial quarters and half dollar in sizes, weights, fineness, and denominations, and with inscriptions, that the Secretary of the Treasury determines

Storm signals to be raised over Northern Luzon as super typhoon set to enter PAR

MANILA, Philippines — With Super Typhoon ‘Bavi’ (international name) set to enter the Philippine Area of Responsibility (PAR) anytime of the day or early Wednesday morning, storm signals would be immediately raised over Northern Luzon, the state weather bureau said on Tuesday. Nathaniel Servando, Philippine Atmospheric Geophysical and Astronomical Services Administration (Pagasa) chief, said the tropical cyclone, which will have its domestic name ‘Inday’ once inside

The World's Largest Flying Canvas Takes Flight: STARLUX AIRSORAYAMA Silver Redefines Art in the Sky

Born of Hajime Sorayama's vision and piloted by Chairman K.W. Chang, the flying masterpiece makes its inaugural journey from Airbus’ Toulouse base to Taiwan A Media Snippet accompanying this announcement is available by clicking on this link. TOULOUSE, France and TAIPEI, Taiwan, July 06, 2026 (GLOBE NEWSWIRE) -- STARLUX Airlines today took delivery of STARLUX AIRSORAYAMA Silver at the Airbus Delivery Center in Toulouse, France, bringing to life its landmark collaboration with visionary Japanese

Grupo Aeroportuario del Pacifico Reports a Passenger Traffic Decrease in June 2026 of 5.1% Compared to 2025

GUADALAJARA, Mexico, July 06, 2026 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) ("the Company” or "GAP”) announces preliminary terminal passenger traffic figures for June 2026, compared with June 2025. During June 2026, the 12 Mexican airports operated by GAP recorded a 3.5% decrease in total passenger traffic compared to June 2025. Guadalajara airport reported an increase of 6.0%, while Puerto Vallarta, Los Cabos and Tijuana reported a decrease of

Syntiant Publicly Files Registration Statement for Proposed Initial Public Offering

IRVINE, Calif., July 06, 2026 (GLOBE NEWSWIRE) -- Syntiant Corp. ("Syntiant”) today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC”) relating to a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The proposed offering is subject to market conditions and the completion of the SEC review process

Iran resumes attacks in Strait of Hormuz, Axios reports

BSP chief says economy can absorb one more rate hike

THE PHILIPPINE ECONOMY can still absorb another rate hike as growth is expected to rebound in the second half of the year, the Bangko Sentral ng Pilipinas (BSP) said.

Philippines needs to grow at least 3.7% to hit target

THE PHILIPPINE ECONOMY must grow by at least 3.7% on average in the remaining three quarters of the year to meet the government’s revised growth target, the Department of Economy, Planning, and Development (DEPDev) said. “For us to achieve the 3.5% (growth) target for the year, the average for the last three quarters must be […]

Elevated oil prices may keep core inflation sticky — Nomura

ELEVATED OIL PRICES could keep core inflation sticky through second-round effects even as headline inflation is expected to ease in June, Nomura Global Markets Research said. In a July 3 report, Nomura Research Analyst Harrington Zhang said the country’s core inflation may have quickened to 4.5% last month from 4.1% in May and 2.2% a […]

DoF sees BoC collections rising in 2nd half

THE DEPARTMENT of Finance (DoF) expects government reforms and stronger economic activity in the second half to lift the Bureau of Customs’ (BoC) revenue collections for the rest of 2026.

ACEN brings Dutch investor into second India RE project

ACEN CORP. has agreed to sell up to a 49% stake in another renewable energy (RE) project in India to Dutch investor Diamond India Renewables One B.V. (DIRO), expanding their partnership following a similar transaction last month. In a regulatory filing on Monday, Unlimited Renewables Holdings B.V. (URH), ACEN’s wholly owned subsidiary, said it had […]

Treasury bill rates drop across all tenors with inflation seen easing

THE GOVERNMENT fully awarded the Treasury bills (T-bills) it offered on Monday as average yields dropped across all tenors, with investors betting on slower June headline inflation. The Bureau of the Treasury (BTr) raised P60 billion as planned from the T-bills it auctioned off as total tenders reached P136.841 billion, over twice as much as […]

First Gen secures NIA approval for 120-MW pumped storage project

FIRST GEN CORP. has secured authorization from the National Irrigation Administration (NIA) to develop its planned 120-megawatt (MW) Aya Pumped Storage Project in Pantabangan, Nueva Ecija, clearing a key regulatory hurdle for the project. In a statement on Monday, the Lopez-led power producer said it had signed a 25-year memorandum of agreement (MoA) with NIA […]

Filipino comics: staying alive and diverse

WHILE Philippine comics no longer holds the same influence in local pop culture as before, the industry lives on through a vibrant independent scene that is starting to be recognized abroad.

Chinabank taps Paywatch for earned wage access offering

CHINA BANKING CORP. (Chinabank) has partnered with financial technology company Paywatch to launch an earned wage access solution as it looks to expand its offerings beyond traditional banking products. Earned Wage Access Plus (EWAP) is a solution that allows employees to access a portion of their earned salaries before payday for their cash needs so […]

PLDT expands Bohol network with 11 new sites

PLDT INC. has expanded its rural connectivity program with the activation of 11 new fourth-generation (4G) long-term evolution (LTE) sites in Bohol, as the telecommunications company (telco) continues its nationwide network rollout in underserved areas. In a statement on Monday, PLDT said the new sites were activated in the municipalities of Maribojoc and Antequera to […]