Philippines Business News

Jobless rate rises to 4.9% in June

Unemployment went up in June as more Filipinos entered the workforce, but not enough jobs were available to absorb them, according to data from the Philippine Statistics Authority. In a press conference, National Statistician Dennis Mapa said results of the PSA’s Labor Force Survey showed the unemployment rate rose slightly to 4.9 percent in June from the previous month’s 4.8 percent and 3.7 percent in the same month last year.

Mailbox: Octogenarian benefit program

You July 15, 2026 issue told about Mr. Manuel V. Pangilinan, a senior citizen reaching the age of 80 and had already received P10,000 at “Pinambili na ng birthday cake” as mentioned in your newspaper.

Orchestra of the Filipino Youth sets fundraising concert

Orchestra of the Filipino Youth proudly announces its major fundraising concert, “Music for a Regenerative Future.”

PSEi slips ahead of Q2 growth data

The Philippine Stock Exchange index finished slightly lower yesterday with investors opting to stay on the sidelines ahead of the release of the country’s second quater economic growth data. The PSEi eased by 0.13 percent, or 8.36 points, to settle at 6,277.95, extending its losing streak to three days in a row.

Q1 GDP growth maintained at 2.8%

The country’s economic growth rate was kept at 2.8 percent in the first quarter, but upward revisions were made in some sectors, according to the Philippine Statistics Authority (PSA).

Strengthening Malaysia–Phl digital partnership

Malaysia and the Philippines continue to enjoy strong and expanding economic relations.

Toyota on track to hit 3 million sales target this year

Leading automotive firm Toyota Motor Philippines Corp. is optimistic that cumulative sales will breach the three-million mark this year amid improving market conditions.

Upgrade of eGovPH app to cost P2.7 billion

The government’s eGovPH superapp requires at least P2.7 billion next year for crucial upgrades on cloud and cybersecurity, ensuring the platform can handle the surge of transaction volumes.

What keeps CEOs awake at night has changed

It is no longer just inflation, geopolitical uncertainty, cybersecurity threats, supply chain disruptions or the next disruptive technology.

Astroline Expands Access to Personalized Astrology and Self-Reflection Tools Across Mobile and Web Platforms

The astrology platform brings together birth chart analysis, compatibility reports, tarot readings, astrocartography, and live advisor chat in one integrated experience. Nicosia, Cyprus, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Astroline, a digital astrology and self-reflection platform, today announced expanded access to its suite of personalized astrology tools, offering users a centralized experience for exploring birth chart insights, relationship compatibility, tarot readings, lunar tracking, and

Portland Bolt Acquires Threadline Products, Expanding East Coast Manufacturing and Distribution Capabilities

PORTLAND, Ore., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Portland Bolt & Manufacturing Co., LLC (Portland Bolt), a leading domestic manufacturer and global provider of anchor bolts, structural bolts, direct tension indicating (DTI) washers, and nonstandard construction fasteners, today announced it has acquired Threadline Products, Inc. (Threadline), a Charlotte, North Carolina-based manufacturer of custom anchor bolts, threaded rod, and fabricated structural steel products. Founded in 1984 and located

Monthly disclosure on share capital and voting rights on July 31, 2026

Regulated Information Issy-les-Moulineaux, August 6, 2026 Sodexo: Monthly disclosure on share capital and voting rights Pursuant to Article L.233-8-II of the French Commercial Code and Article 223-16 of the General Regulation of the Autorité des Marchés Financiers Registered name of the issuer: SODEXO 255, quai de la Bataille de Stalingrad - 92130 ISSY-LES-MOULINEAUX DateTotal number of shares Actual voting rights * Theoretical voting rights ** July 31, 2026 147,454,887 216,593,858 218,113,229 *

Euronext announces volumes for July 2026

Euronext announces volumes for July 2026 Amsterdam, Athens, Brussels, Dublin, Lisbon, Milan, Oslo and Paris - 6 August 2026- Euronext, the leading European capital market infrastructure, today announced trading volumes for July 2026. Monthly and historical volume tables are available at this address: euronext.com/investor-relations#monthly-volumes CONTACTS ANALYSTS & INVESTORS -ir@euronext.com Investor Relations Judith Stein +33 6 15 23 91 97 Margaux Kurver +33 6 84 16 85 03 MEDIA -mediateam@eur

Altus Group acquires Valos, an AI-powered platform that connects UK’s valuers and lenders in the property valuation workflow

TORONTO, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Altus Group Limited ("Altus” or "the Company”) (TSX: AIF), a leading provider of commercial real estate ("CRE”) intelligence, announced today it acquired Valos (U.K.) Limited, an AI-powered platform automating the property valuation and lending workflow. Founded in 2020, Valos has rapidly established itself as a leading integrated platform for the UK commercial property market, connecting valuation firms and mortgage lenders in a single workflow. Its pl

Robert Stitzel Scholarship for Entrepreneurs Opens Applications for 2027 Essay Competition Supporting Future Business Leaders

Robert Stitzel Scholarship Robert Stitzel Scholarship MIDLAND, Texas, Aug. 06, 2026 (GLOBE NEWSWIRE) -- The Robert Stitzel Scholarship for Entrepreneurs is now accepting applications for its 2027 scholarship program, offering a $1,000 award to an outstanding undergraduate student who demonstrates a passion for entrepreneurship, innovation, and leadership. The scholarship is designed to recognize students who aspire to build successful entrepreneurial careers while pursuing higher education at ac

Eastwood Law Urges WA Families to Review Wills as Wealth Shifts

SUBIACO, WA, Aug. 06, 2026 (GLOBE NEWSWIRE) -- SUBIACO, WA - August 06, 2026 - Eastwood Law, a Perth will and estate practice, is urging Western Australian families to review outdated wills as superannuation, trusts and blended families reshape how estates are inherited. Australia has entered the largest handover of private wealth in its history, and the assets moving between generations no longer look like they did a generation ago. The Productivity Commission estimated in a December 2021 resea

HII Signs Performance-based Production Agreements with Path Robotics and GrayMatter Robotics

The multi-year deal, which expands shipbuilding capacity, is worth up to $900 million, and is a commitment by the three companies to transform how complex shipbuilding structures are fabricated, assembled, and outfitted. ARLINGTON, Va., Aug. 06, 2026 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today long-term performance-based production agreements with High-Yield Production Robotics (HYPR) team members GrayMatter Robotics and Path Robotics. The signed agreements are designed to accelerate the

Baltic Horizon Fund consolidated unaudited results for Q2 2026

Management Board of Baltic Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the six months of 2026. The Fund returned to profit in the first half of 2026, its first profitable half year since 2022. Net profit for H1 2026 was EUR 698 thousand, against a loss of EUR 891 thousand in H1 2025. The turn came mainly from the EUR 12.3 million equity injection completed in March and the EUR 7.5 million of bonds repaid ahead of schedule, which cut the F

Dr. Sergio Sokol Scholarship for Future Doctors Opens Applications to Support the Next Generation of Medical Leaders

Dr. Sergio Sokol Scholarship Dr. Sergio Sokol Scholarship CEDARHURST, N.Y., Aug. 06, 2026 (GLOBE NEWSWIRE) -- The Dr. Sergio Sokol Scholarship for Future Doctors is now accepting applications for its 2027 award cycle. Established by board-certified cardiologist Dr. Sergio Sokol, M.D., FACC, the scholarship will award $1,000 to a student who demonstrates a strong commitment to pursuing a career in medicine and serving others through compassionate healthcare. The scholarship reflects Dr. Sokol's l

Today's Weather, 11 P.M. | Aug. 6, 2026

Dr. Lauren Papa, DC, Chiropractor and Entrepreneur, Launches Art Deco Freak to Advance Design-Led Residential Redevelopment

Art Deco Freak by Lauren Papa Art Deco Freak by Lauren Papa PITTSBURGH and LOS ANGELES, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Art Deco Freak today announced its official launch as a boutique residential redevelopment and design firm focused on acquiring, rehabilitating, and repositioning underutilized residential properties into premium, market-ready assets. Founded by Dr. Lauren Papa, DC, a chiropractor, entrepreneur, and creative developer, the company operates across Pittsburgh and Los Angeles, b

ARGYLE Haus publishes apparel manufacturing guide for fashion startups

New resource explains tariff exposure and the risks of separating apparel development from production LOS ANGELES, Aug. 06, 2026 (GLOBE NEWSWIRE) -- ARGYLE Haus of Apparel today announced the publication of "A Guide for Apparel Manufacturing for Startups." The educational resource explains why development and production should be planned as one connected system for emerging brands with limited capital and compressed launch schedules. Built from ARGYLE Haus's experience helping launch more than 1

Canadian General Investments: Investment Update - Unaudited

TORONTO, Canada, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX:CGI) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at July 31, 2026 was $85.03 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 6.2% and 17.3%, respectively. These compare with the 12.5% and 32.3% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods. The Company employs a leveraging strate

Pioneer Consulting Engaged in the Engineering and Design Phase for FISH West 2 Submarine Cable System

The 340 km cable will connect Seward and Homer as part of Cordova Telecom Cooperative, Inc.’s "Fiber Internet Serving Homes” (FISH) projects Homer, Alaska Aerial photo of Homer, Alaska. Homer is an Alaskan town located on the shore of Kachemak Bay in the Kenai Peninsula. HOBOKEN, N.J., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Pioneer Consulting, the full-service submarine fiber optic telecommunications consulting and project management company, is currently under contract with Cordova Telecom Cooperati