Philippines Business News

Senator-judges may vote on VP’s tax, bank records

THE Senate may “divide the house” and call a vote if it cannot reach a consensus on the prosecution’s request to subpoena the bank and tax records of Vice President Sara Duterte in her impeachment trial that enters its third week Monday. Following the conclusion of the second week of Vice President Sara Duterte’s impeachment trial, the Senate is set to vote this coming Monday on a highly contested motion to subpoena her financial and tax records. In an interview on radio

PCSO Lotto Results | July 18, 2026

India launches first private orbital rocket

India's first privately built orbital rocket takes its maiden flight on July 18, 2026, its company said, marking a significant step for the South Asian giant as it eyes a bigger slice of the global space economy. Video By Skyroot Aerospace / AFP

Bolts rap Painters, chalk up 1st win in PBA

MANILA, Philippines — Meralco took control of the game behind a strong third quarter assault to beat Rain or Shine, 122-114 to chalk up its first win in the PBA Season 50 Governors’ Cup on Saturday at the Ynares Center in Antipolo. Antonio Hester marked his PBA return by scoring 21 points and grabbing nine rebounds in a near double-double effort to lead the Bolts to their first victory. Meralco dropped a narrow 98-97 decision to Phoenix after playing all-Filipino with Jordon Varnado

King saves the day as SMB downs Terrafirma

MANILA, Philippines — Import George King delivered the crucial baskets in the last period to lift San Miguel Beer to a pulsating 109-104 victory against Terrafirma to stay unbeaten in the PBA Season 50 Governors’ Cup at the Ynares Center on Saturday. The sweet-shooting American tossed in nine of his 37 points in the last period to save the Beermen from the jaws of defeat. King added 14 rebounds to make up fot his six turnovers. CJ Perez added 22, Don Trollano chipped in 17, while Jer

AstroTurf Celebrates 50 years of Elite Field Hockey on our surface

Poligras-AstroTurf-50years FIELD HOCKEY Poligras-AstroTurf-50years FIELD HOCKEY DALTON, Ga., July 18, 2026 (GLOBE NEWSWIRE) -- The hockey turf revolution began 50 years ago at 10 am on 18 July 1976, when India and Argentina played the first match of the 1976 Olympic Games in Montreal. This was Hockey Turf Day One. From the AstroDome to the Montreal Olympic Games Synthetic grass had been introduced to sport (baseball) a decade earlier in 1966 by AstroTurf at the AstroDome in Houston. The product

LingoPlus Expands Nationwide: Certified Translation Services Now Available Across Germany

From Paderborn to the Entire Nation, LingoPlus Enhances Accessibility to Professional Language Solutions Paderborn, NRW, July 18, 2026 (GLOBE NEWSWIRE) -- What began as a small translation initiative in 2010 has developed into a nationwide provider of certified translations. LingoPlus delivers professional translation services for businesses and individuals across Germany, with a strong focus on certified translations required for official, legal, and institutional use. The company was founded b

Military firefighters battle flames in Spain's wildfire

A wildfire in Spain's northern municipality of Ores has burned more than 15,400 hectares, regional media says on July 18, 2026. Video By Reuters / SPANISH MILITARY EMERGENCY UNIT

UFC Names Meridian Holdings Official Sponsor of Fight Night Belgrade

First UFC Event Ever to Be Held in Serbia, Scheduled for August 1, 2026 at Belgrade Arena Meridianbet Leads the B2C Division of Meridian Holdings Inc. (NASDAQ: MRDN) BELGRADE, Serbia, July 18, 2026 (GLOBE NEWSWIRE) -- Meridian Holdings Inc. (NASDAQ: MRDN) (the "Company”) today announced that the Company’s subsidiary Meridianbet has been named Official Sponsor of UFC Fight Night Serbia, a mixed-martial-arts event produced by the Ultimate Fighting Championship (UFC), scheduled for August 1, 2026 a

DepEd reinforces oversight as 168 LGUs advance classroom construction projects

BUILDING on the Department of Education’s (DepEd) commitment to transparency and rigorous fiscal standards, Education Secretary Sonny Angara has reinforced institutional oversight of the nationwide localized classroom building program. To date, DepEd is actively managing partnerships with 168 local government units (LGUs) that have signed the Supplemental Memoranda of Agreement (MOA), encompassing 72 provinces, 73 cities, and 23 municipalities. Angara emphasized that while localized constr

Local manufacturers flaunt products from nonwoven textiles

NINE local manufacturers showcased products incorporating nonwoven materials during the launch of “Onward: Philippine Nonwoven Textile Innovation”, a new initiative of the Department of Science and Technology–Philippine Textile Research Institute (DOST-PTRI) aimed at expanding the use of Philippine natural fibers in manufacturing. Launched at SM North EDSA on July 1, Onward highlights the diverse applications of nonwoven textiles and their potential to replace synthetic-based m

First death reported in Legionnaires' disease outbreak in New York City

NEW YORK — A Legionnaires' disease outbreak that has sickened dozens of people in New York City has claimed its first life, health officials said Friday. Officials didn't release additional information about the person's identity, age or details on when and how they fell ill. Investigators are still trying to pinpoint the source of the outbreak on Manhattan’s Upper East Side that has infected at least 67 people and hospitalized dozens, according to city Health Department data. Much o

Trump threatens to increase Canada tariffs over wildfire smoke pollution

NEW YORK — US President Donald Trump threatened on Friday a tariff increase on Canada to cover the cost of smoke pollution from wildfires that have choked large parts of the United States. Dense wildfire smoke billowing down from Canada and northern Minnesota has set off unhealthy air quality alerts across the US. As of Saturday, there were 937 active fires in Canada, most of which were burning out of control, according to the Canadian Wildland Fire Information System. "This is Willful Neg

Odd-shaped raccoon sighted by residents

A Seattle woman's video of an unusually round raccoon named 'Jimothy' went viral this week, drawing millions of views and prompting a wave of sightings from other residents, as she spoke to Reuters on July 17, 2026 about the animal's unexpected popularity. VIDEO BY REUTERS / KIANA HALL

Standard Chartered Bank hosts 2026 Markets Forum

STANDARD Chartered Bank (Standard Chartered) Philippines recently hosted its inaugural Markets Forum at Shangri-La The Fort, Taguig City, convening government leaders, industry experts and market practitioners for a discussion on global market trends, capital markets development and emerging investment opportunities in 2026. Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. delivered the keynote address highlighting the role of the BSP in deepening the Philippines’ capital market

ASEAN CULTURE

What Every XFLT Shareholder Needs to Know for XFLT's Proxy Contest

Fees Will NOTIncrease If Proposal Is Approved Terminated Sub-Adviser Octagon’s "Proven Investment Team” Responsible for -54% NAV Erosion at XFLT and Seven CLO Defaults Across Its Own Portfolio XFLT Asks Shareholders to Vote on the WHITE Proxy Card "FOR” the King Street Sub-Advisory Agreement at Special Meeting on July 30, 2026 CHICAGO, July 18, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC ("XAI”), manager of XAI Floating Rate & Alternative Income Trust (XFLT) (the "Fund”), responded to misleading

Unexpected passing of Chief Financial Officer Rasmus Lund

It is with profound sadness that Copenhagen Airports A/S announces that its Chief Financial Officer, Rasmus Lund, passed away unexpectedly from a heart attack during the night. Rasmus Lund was a highly valued colleague and member of the Executive Management team. His passing is a great loss to the company and to all those who had the privilege of working with him over many years. Our thoughts and deepest sympathies are with his wife, Birgitte, children and the family. The company will provide fu

MSME SUMMIT

Yassi Pressman, Luigi Villafuerte announce engagement

MANILA, Philippines — Actress Yassi Pressman and Camarines Sur 2nd District Rep. Luigi Villafuerte are engaged after the couple announced the milestone in a joint Instagram post on Saturday. The couple shared a series of photos and videos from the proposal, which appeared to take place during a romantic safari getaway against the backdrop of an African sunset. They captioned the post, "Our greatest adventure [infinity symbol]." One video captured Villafuerte dropping to one knee as he aske

VinFast inaugurates 20 e-motorcycle dealerships in Indonesia, expanding its green mobility ecosystem nationwide

JAKARTA, INDONESIA - Media OutReach Newswire - 18 July 2026 - VinFast announced the opening of 20 official e-motorcycle dealerships across Indonesia in July 2026, marking a major milestone in its strategy to expand its distribution network in Southeast Asia's largest motorcycle market. To celebrate the launch, VinFast hosted a large-scale product experience event featuring the VinFast Evo, VinFast Feliz II, and VinFast Viper, offering consumers the opportunity to experience the Company's smart e

Irish Oscar-winner Brenda Fricker dies aged 81 — agent

LONDON, United Kingdom — Irish actress Brenda Fricker, who won an Oscar in 1990 for her supporting role in critical hit "My Left Foot", has died at the age of 81, her agent announced Friday. Fricker, who was also beloved for playing the so-called Central Park "pigeon lady" in "Home Alone 2", passed away on Thursday in her native Ireland, agent Phil Belfield said. "It is with much sadness that I share the news that beloved actress Brenda Fricker passed away peacefully last night in Dublin,

Safety protocols remain as Mayon still at Alert Level 3

LEGAZPI CITY — Mayon Volcano remains under Alert Level 3 or relatively high unrest, without the need to raise the alert status to Level 4 (intense unrest), as Albay disaster officials continue to enforce safety protocols and maintain heightened preparedness in communities surrounding the volcano. Albay Public Safety and Emergency Management Office (Apsemo) chief Bobby Cristobal said the Philippine Institute of Volcanology and Seismology (Phivolcs) has not observed parameters needed to just

Sunwin Bus Showcases Green Mobility Solutions at Australasia Bus & Coach Expo 2026, Deepening Commitment to Australia's Zero-Emission Bus Market

SYDNEY, July 18, 2026 (GLOBE NEWSWIRE) -- Shanghai Sunwin Bus Corporation ("Sunwin Bus") showcased its latest green mobility solutions at the Australasia Bus & Coach Expo 2026 in Sydney under the theme "Green Means More." The company presented the iEV12 battery-electric city bus and the B13E battery-electric bus chassis, attracting strong interest from Australian public transport operators, government transport authorities and industry media. Sunwin Bus Showcases Green Mobility Solutions at Aust