Philippines Business News

Duckett's sublime century inspires England's series-clinching win over India

LONDON, United Kingdom — Ben Duckett's record-breaking 141 paved the way for England's 27-run victory over India in the third one-day international at Lord's on Sunday as the hosts won the three-match series in blistering style. The opener's innings was the highest individual score in any men's ODI at Lord's, beating West Indies great Vivian Richards's 138 in the 1979 World Cup final against England. On a day when the teams wore black armbands in memory of West Indies legend Garry Sobers -

Madonna, Shakira, Bieber and The Muppets light up World Cup half-time show

EAST RUTHERFORD, United States — Musical headliners Madonna, Shakira, Justin Bieber, BTS and Coldplay were joined by Brazilian soccer icons and "Ted Lasso" actors in a spectacular first-ever World Cup final halftime show on Sunday. The star-packed, Super Bowl-style extravaganza -- a first for soccer's showpiece event -- also featured a tribute to football icon Pele, and a rendition of "Seven Nation Army" led by Gustavo Dudamel and featuring musicians from the US, Venezuela and Iran. "Sesam

'The Odyssey' storms N. American Box Office

LOS ANGELES, United States — Christopher Nolan's "The Odyssey" sailed straight to the top of the North American box office, bringing home $124.5 million in its opening weekend -- the best live action debut of the year, industry estimates showed Sunday. The latest remake of the nearly 3,000-year-old epic captured another $139 million in overseas sales for a total of $263.5 million, according to Exhibitor Relations, more than paying for the film's reported $250 million price tag. The film --

Airtripmaker is Launching its travel platform with a Newly Redesigned Website by introducing enhanced coverage for Travel Service

Airtripmaker is Launching its travel platform with a Newly Redesigned Website by introducing enhanced coverage for Economy, Premium Economy, Business Class & First-Class Travel Service Germantown, Maryland, July 19, 2026 (GLOBE NEWSWIRE) -- Airtripmaker, a leader in Travel Industry, is thrilled to announce the official launch of its newly redesigned website at https://www.airtripmaker.com. The new site features a modern design, improved functionality, and easy access to essential information to

Griffin Global Asset Management Announces the Delivery of the First of Six Boeing 737 MAX 8 Aircraft on Long-Term Lease to VietJet Group

DUBLIN, July 19, 2026 (GLOBE NEWSWIRE) -- Griffin Global Asset Management ("Griffin”) is pleased to announce the delivery of the first of six Boeing 737 MAX 8 aircraft on long-term lease to VietJet Group. "We are pleased to welcome VietJet as a new customer and look forward to supporting their operations for many years to come,” said Jose Kling, Head of Commercial for Asia Pacific for Griffin Global Asset Management. "These new-technology Boeing 737 MAX 8 aircraft are well suited for VietJet’s f

SOUEAST S08 DM Delivers "Extra-Time Range” for Football Fans’ Journeys

WUHU, China, July 19, 2026 (GLOBE NEWSWIRE) -- During this globally anticipated football season, for fans traveling with family and friends, the SOUEAST S08 DM offers a comprehensive mobility solution built around four key strengths: long range, low fuel consumption, fast charging and a flexible, spacious cabin. Cross-City Match Trips, Comfort at Every Mile For cross-city match trips, the S08 DM delivers a combined range of more than 1,000 km on a full tank and a full charge, enough to cover int

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Political uncertainty pressuring peso – ING

POLITICAL uncertainty amid Vice President Sara Duterte’s impeachment trial could dampen investor confidence, delay economic reforms and keep pressure on the peso even as inflation eases, ING Economics said. In a commentary, the research unit of the global financial giant said the country’s political developments had added another source of uncertainty for investors at a time when the Bangko Sentral ng Pilipinas (BSP) was still battling lingering inflation risks. “At the same ti

PH financial system resources hit P37.6T in May

THE Philippine financial system’s resources totaled P37.64 trillion in the first five months of the year, up 9.9 percent from P34.22 trillion a year earlier, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP). The figure excludes the BSP’s own resources. The five-month tally already exceeds full-year totals in recent years: P37.13 trillion in 2025; P34.17 trillion in 2024; P31.52 trillion in 2023; and P29.04 trillion in 2022. Banks accounted for the bulk, with r

Q2 earnings, oil prices to weigh on sentiment

INVESTORS could trade cautiously this week as they balance rate hike expectations against risks posed by the US-Iran war while also awaiting second-quarter corporate results. The benchmark Philippine Stock Exchange index (PSEi) climbed 1.87 percent week on week to close at 6,404.11 last Friday, buoyed by softer-than-expected US inflation that strengthened expectations the Fed could keep interest rates steady. Philstocks Financial Inc. research manager Japhet Tantiangco said waning concerns over

Supermarkets group warns of higher prices

PRICES of basic commodities could go up following renewed hostilities in the Middle East, the head of a supermarkets group warned. “I believe manufacturers and retailers alike will adjust prices accordingly and do what needs to be done to stay afloat,” Philippine Amalgamated Supermarkets Association (Pagasa) President Steven Cua told The Manila Times on Sunday. “Much as we want to, we can’t subsidize the government forever,” he added. Cua was responding to a stateme

P1.3T in excess liquidity absorbed by BSP to keep rates on target

THE Bangko Sentral ng Pilipinas (BSP) siphoned off around P1.3 trillion in excess liquidity from the financial system in June, ensuring that short-term market interest rates remained aligned with its policy stance despite tighter monetary conditions. In its June 2026 Monetary Policy Report, the central bank said its monetary operations effectively kept the overnight reverse repurchase (RRP) rate closely tracking the target RRP rate. The BSP has kept monetary policy tight as it seeks to bring inf

Cayetano belongs in jail, says Lacson

SEN. Panfilo Lacson on Sunday slammed Sen. Alan Peter Cayetano for attacking his integrity and vowed to put him in his "proper place" — in jail. In his Facebook livestreaming on Saturday, Cayetano questioned the increase in Lacson's declared net worth, which he said seemed to have doubled based on his Statement of Assets, Liabilities and Net Worth (SALN) in 2025 compared to that in 2022. "My integrity is my first and last line of defense, and I will fight to defend it with all my might. Se

LeafTide Announces Weight Loss Supplement Launch Focused on Quality, Transparency, and Leaf Tide Consumer Education

Leaf Tide emphasizes ingredient transparency, quality-focused manufacturing practices, and LeafTide responsible consumer education in its approach to dietary supplement development. Largo, FL, July 19, 2026 (GLOBE NEWSWIRE) -- LeafTide today announced the introduction of a new dietary supplement as part of the company’s continued efforts to develop products within the broader wellness and nutrition category. The announcement reflects the company’s focus on responsible product development, clear

Foreign entrepreneurs find business opportunities and a home in Yiwu

BEIJING, July 19, 2026 /PRNewswire/ -- A report from People's Daily: Yiwu, a city in east China's Zhejiang province, is neither a coastal hub nor a border town. Yet it has built a trade network that reaches across the globe. Today, the city is home to more than 10,000 foreign-invested businesses and around 38,000 foreign merchants who live and work there. People's Daily reporters recently visited Yiwu to meet foreign entrepreneurs who have built successful businesses and settled down in the city

Caloocan, Mindoro prevail as Cebuano legends honored in MPBL

MANILA, Philippines — Caloocan trounced Cebu, 89-76, to bolster its bid for the top spot in the SportsPlus MPBL (Maharlika Pilipinas Basketball League) 2026 Season at the Cebu Coliseum. Powered by Jeff Manday, Jammer Jamito and Kymani Ladi, the Caloocan Batang Kankaloo surged ahead, 49-26, en route to their 16th win against two losses in the round-robin elimination phase of the two-division, 27-team tournament. Caloocan trailed defending champion Abra Solid North (14-1) and San Juan (14-1)

Motilal Oswal Expands IPO Research Coverage Amid Growing Interest in Upcoming IPOs in India

Motilal Oswal Motilal Oswal Mumbai, India, July 19, 2026 (GLOBE NEWSWIRE) -- Motilal Oswal today announced the expansion of its IPO research coverage and investor information resources in response to increasing market interest in the Upcoming IPO in India segment. The initiative is designed to provide investors with broader access to company information, market insights, public filings, and research-based analysis related to current and forthcoming public offerings. The announcement comes as Ind

Former China Development Bank president is under anti-corruption probe

BEIJING — A former president of the China Development Bank was put under investigation on suspicion of serious violations of party discipline and the law, the country's top anti-graft watchdog announced on Sunday. The Central Commission for Discipline Inspection said in a one-line statement that Ouyang Weimin was being investigated by it and the National Commission of Supervision, without offering more details. According to state media China Daily, Ouyang began his career and joined the Ch

Phoenix defuses Ginebra rally, spoils 42-point debut by Riley Grigsby

MANILA, Philippines — Phoenix built a big enough lead that cushioned the impact of Barangay Ginebra’s fourth quarter rally as the team squeezed out a narrow 81-78 win to stay perfect in the PBA Season 50 Governors’ Cup on Sunday at the Araneta Coliseum. American import Riley Grigsby led the Gin Kings’ huge rally, scoring 10 in the final period, including a layup with six seconds left to put them to within 78-81. Ginebra still had a chance to steal the game away when Phoen

UST sweeps Enderun for first win in Shakey’s Collegiate National Invitationals

MANILA, Philippines — University of Santo Tomas cruised past Enderun Colleges, 25-18, 25-17, 25-13, to set its title bid in motion in the 2026 Shakey’s Collegiate National Invitationals on Sunday at the Ninoy Aquino Stadium. Veteran Angge Poyos and Ashlee Knop led the Golden Tigresses’ balanced scoring with eight points each to bring down the Lady Titans in just 85 minutes. Poyos and Knop combined for 14 of UST’s 37 attack points while Marga Altea and Julia Balingit added

PBA: Undermanned TNT squeaks past Macau

MANILA, Philippines — Undermanned TNT managed to dig deep into its bench to outlast hard luck Macau, 106-101 to get its title-retention bid on a winning start on Sunday in the PBA Season 50 Governors' Cup at the Araneta Coliseum. The Tropang 5G played without veterans Calvin Oftana, Poy Erram and Brandon Ganuelas-Rosser, who are all down with injuries. The Giant Pandas trailed by as many as 18 points but the foreign guest squad managed to mount a comeback behind import De’Vondre Perr

Aussies storm past Letran in opening day sweep

MANILA, Philippines — Guest team Southern Storm Melbourne showed resilience in coming back from huge deficits throughout the whole match to frustrate Letran, 26-24, 25-21, 25-19, for a great start in the 2026 Shakey’s Collegiate National Invitationals on Sunday at the Ninoy Aquino Stadium. Down by six early in the third set, the Australians pushed back with a blistering 19-7 rally to complete the sweep for a loud introduction in the competition backed by Shakey’s Pizza Parlor,

Rescuers in Indonesia find mother and son survivors from sunken passenger boat

PALU, Indonesia — Rescuers in eastern Indonesia found two more survivors, a mother and son, on Sunday from a passenger boat that sank earlier in the week and were searching for 18 others still missing. The 46-year-old woman and her 24-year-old son were found stranded on Balaloho Island, one of the small inhabited islands in Selayar,, by fishermen, officials said. More than 200 rescuers aboard vessels were joined by Indonesian troops, police, fishermen and residents, said Andi Sultan, head

Andy Biggs and David Schweikert offer competing visions for Republican Party in Arizona primary

PHOENIX — As the head of the conservative Freedom Caucus in the U.S. House, Rep. Andy Biggs was one of the Republican Party's most hard-line brawlers in Washington, championing President Donald Trump's agenda while frustrating establishment leaders. U.S. Rep. David Schweikert says those uncompromising tactics are a losing recipe in Arizona, where Republicans have watched their power erode as voters rejected nominees seen as too extreme. After decades coexisting in the fractious Arizona Rep