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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

1119 articles from Manila Times Business

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Manila Times Business

Watch : Palace Efforts to locate Zaldy Co continues despite graft case archiving

Efforts to locate former Ako Bicol Party-list representative Zaldy Co continues, Malacañang assures the public on July 3, 2026 (July 4 in Manila), after the Sandiganbayan archived the criminal case against the fugitive lawmaker. Speaking to reporters here, Palace Press Officer Claire Castro said that the legal process remained in effect despite the temporary suspension of proceedings. Co has been wanted by authorities since last year for his alleged involvement in the flood control scam.

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Manila Times Business

Alex Eala seeks to extend historic Wimbledon run

MANILA, Philippines — Seeking to extend her Wimbledon run, Alex Eala faces defending champion Iga Swiatek in the third round at the All England Lawn Tennis and Croquet Club Center Court on Saturday. The round of 32 match is set at 8:30 p.m. Eala became the first Filipino player to reach the third round of a Grand Slam after dispatching Maya Joint, 3-6, 6-2, 6-0, last Thursday. World No. 32 Eala and No. 3 Swiatek split their last two matches. The Filipino netter won their first clash, 6-2,

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Manila Times Business

Watch : Palace : Marcos won't interfere in plunder case vs Marcoleta

Malacañang on July 3, 2026 (July 4 in Manila) says President Ferdinand Marcos Jr. will not interfere in the plunder charges filed against Sen. Rodante Marcoleta by the Office of the Ombudsman, as the executive branch respects the principle of separation of powers. Palace Press Officer Claire Castro said during a press conference in Vancouver that government agencies, including investigating bodies and courts, would continue to fulfill their mandate independently despite external pressures

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Manila Times Business

Missed free throws haunt Gilas in 2OT loss to New Zealand

MANILA, Philippines — So near, yet so far. That’s what Gilas Pilipinas coach Tim Cone felt after seeing the Philippine team suffer a heartbreaking 106-102 loss to New Zealand in their FIBA World Cup 2027 Asian Qualifers on Friday at the Spark Arena in Auckland. The Filipinos fought with all their might, led by youngsters Juan Gomez De Llano, Kevin Quiambao and Carl Tamayo, who surprisingly carried the scoring cudgels all game long as naturalized player Justin Brownlee was held down t

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Manila Times Business

Watch : Marcos woos Canadian investors

President Ferdinand Marcos Jr. on July 3, 2026 (July 4 in Manila) courts top executives from several Canadian firms to explore opportunities for investment, sustainable resource development, and strengthened cooperation in the mining and energy sectors. Marcos, along with Cabinet secretaries, met with the executives of Canadian gold mining firms B2Gold Corporation and OceanGold Corporation at Fairmont Pacific Rim in Vancouver, Canada. The President also led a roundtable discussion on mining, cri

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Manila Times Business

Belgian diamond group that won tariff relief gifted Trump a lavishly encrusted ring

BRUSSELS — Dozens of diamonds spell out two giant letter T's next to the Stars and Stripes and “1776” and “2026.” Dozens more frame the numbers 45 and 47 in the shape of Superman’s logo. A diamond-winged eagle carries a ruby shield and clutches an olive branch of emeralds, below a radiant “250” and atop the phrase “250 YEARS USA” etched in 18-karat gold. All told, 321 diamonds, 56 sapphires, 13 emeralds and six rubies encrust the watch-

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Manila Times Business

Putin shrugs off fuel shortages in Russia as he ramps up attacks on Ukraine

Despite severe fuel shortages across Russia, President Vladimir Putin appears unbothered by Ukraine’s increasing attacks on his country’s oil refineries. He has shrugged off the setback for one of the world’s leading oil-producing nations as "not critical,” dismissed ceasefire proposals and insisted the war will continue until his goals are met. Putin has described the attacks on Russian energy as an effort by Ukraine to distract attention from its losses on the battlefie

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Manila Times Business

Iran begins daylong funeral for the late Supreme Leader Ayatollah Ali Khamenei, killed in war

TEHRAN, Iran — Iran began a dayslong funeral Saturday for the late Supreme Leader Ayatollah Ali Khamenei, months after an airstrike killed him at the start of the war. He was 86. Authorities unveiled the casket containing Khamenei’s body in a glass case at the Grand Mosalla in Tehran, Iran’s capital. Mourners wept at the sight, with some chanting: “Our word is one! Revenge! Revenge!” Some carried banners and flags, while billboards across the city bore Khamenei&rsqu

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Manila Times Business

Swiatek faces Eala test at Wimbledon

LONDON — Reigning singles champion Iga Swiatek faces Filipina history-maker Alexandra Eala while Serena and Venus Williams team up in the women's doubles at Wimbledon on Saturday for the first time since winning their sixth title 10 years ago. Eala-Swiatek head-to-head 1-1 Swiatek made a statement to her title rivals by swatting aside former world number one Karolina Pliskova in the second round for the loss of just four games. She next resumes her burgeoning rivalry with Eala first up on

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Manila Times Business

Extreme heat bears down as America 250 celebrations ramp up. Trump speaks at Mount Rushmore

WASHINGTON, D.C. — Festivities commemorating the 250th anniversary of American independence ramped up across the United States on Friday as demonstrations of national pride — and hints of political polarization — were balanced with efforts to stay safe as much of the country baked under extreme heat. President Donald Trump spoke from Mount Rushmore, where he called the holiday “one of the most extraordinary days in the history of the world.” The sound of fighter jet

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Manila Times Business

Hypercharge Announces Issuance of Option Grants

VANCOUVER, British Columbia, July 03, 2026 (GLOBE NEWSWIRE) -- Hypercharge Networks Corp. (TSXV: HC; OTC: HCNWF; FSE: PB7) (the "Company” or "Hypercharge”), a leading EV charging operator, is announcing it has granted 1,000,000 stock options ("Options”) to David Bibby, CEO and President of the Company. The Options are issued to replace 1,000,000 options previously granted to Mr. Bibby that expired unexercised on June 29, 2026. Each Option is exercisable to purchase one common share in capital of

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Manila Times Business

Mark Leeds, D.O. PA Launches FloridaTaper.com, a Free Educational Resource on Benzodiazepine Tapering, Withdrawal, and BIND

The new website from Mark Leeds, D.O. PA offers more than 60 physician-written articles, with new articles published daily, for patients, families, and clinicians navigating slow benzodiazepine dose reductions. In this comprehensive discussion, Dr. Barbara Connolly, administrator of the Benzo Warriors community, shares invaluable insights on benzodiazepine withdrawal, safe tapering methods, and patient-centered recovery approaches. Drawing from both personal experience and years of supporting th

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Manila Times Business

Zentro Announces Expansion of Digital Asset Services Focused on Liquidity and Payment Solutions in the United Arab Emirates

DUBAI, United Arab Emirates, July 03, 2026 (GLOBE NEWSWIRE) -- Zentro has announced the expansion of its digital asset services in the United Arab Emirates, with a focus on crypto liquidity, payment solutions, and financial access for cryptocurrency traders, entrepreneurs, and digital asset holders seeking practical ways to use digital assets for personal and business transactions. Founded by Cristiano Maktoub, professionally known as Bronsi, Zentro is expanding its operations to support the gro

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Manila Times Business

DNA My Dog Expands Product Suite With Launch of New Health and Trait Test, Building on 18-Year Foundation in Canine Genetic Testing

TORONTO, July 03, 2026 (GLOBE NEWSWIRE) -- DNA My Dog, a pioneer in consumer canine genetic testing, today announced the commercial launch of its new Health and Trait Test, the most advanced product in the company's 18-year history. The test expands the company's direct-to-consumer product suite beyond breed identification to encompass inherited health markers and genetic trait screening, meeting growing consumer demand for comprehensive, science-based pet wellness tools. The launch follows a fu

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Manila Times Business

The Taiwan Freedom Project Will Uphold a Free and Open Indo-Pacific by Winning in the Information Domain

"Why Taiwan Matters, Now More than Ever” "Why Taiwan Matters" Special Edition Washington, DC, July 03, 2026 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE The Taiwan Freedom Project Will Uphold a Free and Open Indo-Pacific by Winning in the Information Domain July 3 Sponsored Special Section in The Washington Times is First in a Series to Explain Why Taiwan is ‘The Most Important Geopolitical Question Facing America’ America and its allies must "embrace the full spectrum of statecraft” to preserve th

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Manila Times Business

WATCH: Palace: Marcos won't interfere in plunder case vs Marcoleta

Malacañang on Friday (Saturday in Manila) says that President Ferdinand Marcos Jr. would not interfere in the plunder charges filed against Sen. Rodante Marcoleta by the Office of the Ombudsman, saying the executive branch respects the principle of separation of powers. Palace Press Officer Claire Castro said that government agencies, including investigating bodies and courts, would continue to fulfill their mandate independently despite external pressures. VIDEO BY CATHERINE VALENTE

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Manila Times Business

Appili Therapeutics Announces Receipt from NIAID of a Notice of Termination for Convenience on the Contract for the VXV-01 Program

HALIFAX, Nova Scotia, July 03, 2026 (GLOBE NEWSWIRE) -- Appili Therapeutics Inc. (TSX: APLI; OTCPink: APLIF) (the "Company” or "Appili”), a biopharmaceutical company focused on drug development for infectious diseases today announced that it has received a Notice of Termination for Convenience from the National Institute of Allergy and Infectious Diseases ("NIAID”), part of the National Institutes of Health ("NIH”), in connection with the Company’s contract supporting development of the VXV-01 f

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Manila Times Business

Canfor completes acquisition of Calgary-based PinkWood Ltd.

VANCOUVER, British Columbia, July 03, 2026 (GLOBE NEWSWIRE) -- Canfor Corporation (TSX: CFP) is pleased to announce it has completed the acquisition of PinkWood Ltd, Western Canada’s largest I-joist facility based in Calgary, Alberta. The acquisition, announced on June 9, 2026, complements Canfor’s existing operations in Alberta and British Columbia. "We’re excited to welcome the PinkWood operation, its management team and its employees to the Canfor family,” said Susan Yurkovich, President and

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Manila Times Business

General Shopping Announces No Early Settlement and Confirms Exchange Offer Remains Open

São Paulo, Brazil, July 03, 2026 (GLOBE NEWSWIRE) -- General Shopping e Outlets do Brasil S.A. (the "Company”) (B3: GSHP3) today provides an early settlement update regarding the exchange offer (the "Exchange Offer”) by its subsidiary General Shopping Investments Limited ("GS Investments” or the "Issuer”), a Cayman Islands exempted company, in respect of any and all of the Issuer’s outstanding 10%/12% Regulation S Senior Secured PIK Toggle Notes due 2026 (CUSIP No. G3812T AB7; ISIN No. USG3812TA

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Manila Times Business

Palace: Marcos won't interfere in plunder case vs Marcoleta

VANCOUVER, Canada — Malacañang on Friday (Saturday in Manila) said that President Ferdinand Marcos Jr. would not interfere in the plunder charges filed against Sen. Rodante Marcoleta by the Office of the Ombudsman, saying the executive branch respects the principle of separation of powers. Palace Press Officer Claire Castro said that government agencies, including investigating bodies and courts, would continue to fulfill their mandate independently despite external pressures. "Firs

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Manila Times Business

Trump riffs on predecessors in children's podcast appearance

WASHINGTON — President Donald Trump riffed on his White House predecessors in a children's podcast Friday, while also joking about his weight and musing as to whether his body is swimsuit-ready. Speaking with Usha Vance on "Storytime with the Second Lady," as America celebrated its 250th birthday, the billionaire property tycoon opened with his favorite topic -- real estate, of course. The pair were sitting in the White House Oval Office, explained the 80-year-old grandfather of 11. "It's

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Manila Times Business

Court Approval of a Restructuring Transaction Allowing Continuation of Uninterrupted Operations

MONTREAL, July 03, 2026 (GLOBE NEWSWIRE) -- PREMIER HEALTH OF AMERICA INC. (TSX-V: PHA) ("Premier Health” or the "Company”) announces that, in connection with the proceedings initiated on June 23, 2026 by the Royal Bank of Canada (the "Applicant”) in its capacity as a secured creditor (the "CCAA Proceedings”), the Québec Superior Court (Commercial Division) (the "Court”) has issued today an order approving the acquisition of all of the equity interests in three affiliates of the Company, namely

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Manila Times Business

Today's Weather, 5 A.M. | Jul. 4, 2026

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Manila Times Business

Canada Abstained. CBTU-Canada is Calling For a Federal Apology.

TORONTO, July 03, 2026 (GLOBE NEWSWIRE) -- The Coalition of Black Trade Unionists-Canada (CBTU-Canada) has launched a national campaign demanding a federal apology for Canada's role in the Trafficking of Enslaved Africans. On March 25, 2026, the UN General Assembly passed a resolution declaring the Trafficking of Enslaved Africans a crime against humanity. 123 countries voted yes. Canada abstained and has not explained why. Canada’s abstention continues a pattern of refusing to recognize and apo

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