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Philippines Business News

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

2033 articles across all sources

All sourcesBusinessWorldBusinessWorld BankingBusinessWorld EconomyInvesting.com PHManila Times BusinessPhilStar BusinessRappler Business
Manila Times Business

Share buybacks in Ericsson during the period June 29 - July 3, 2026

STOCKHOLM, July 6, 2026 /PRNewswire/ -- During the period June 29 - July 3, 2026, Telefonaktiebolaget LM Ericsson (publ) ("Ericsson") (LEI code 549300W9JLPW15XIFM52) repurchased own Class B shares (ISIN: SE0000108656) as follows: Date Aggregated daily volume (number of shares) Weighted average share price per day (SEK) Total daily transaction value (SEK) 29/06/2026400,000107.233542,893,400.0030/06/2026500,000108.630954,315,450.0001/07/2026800,000106.226284,980,960.0002/07/2026800,000106.558985,2

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Manila Times Business

Eddid Financial, Ant Digital Technologies, and SageRock Capital Sign MOU to Jointly Advance Hong Kong's New Energy and Blockchain Finance Development

HONG KONG, July 6, 2026 /PRNewswire/ -- Eddid Financial, a leading fintech-driven financial services group; Ant Digital Technologies, a global leader in technology infrastructure; and SageRock Capital ("SageRock"), which integrates traditional finance with blockchain financial innovation, today jointly announced that the three parties have formally signed a Memorandum of Understanding (MOU), establishing a partnership focused on the new energy and blockchain sectors, working together to help Hon

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Manila Times Business

Traveloka Launches 7.7 Epic Sale in Vietnam: Flat Prices from 777,000 VND, Up to 50% Off Sitewide, and Buy 1 Get 1 on Hotels and Activities

HO CHI MINH CITY and HANOI, Vietnam, July 6, 2026 /PRNewswire/ -- Traveloka, Southeast Asia's all-in-one travel tech platform, today launched its 7.7 Epic Sale, a region-wide campaign running 6 to 10 July 2026. The annual double-date sale offers travellers discounts across flights, hotels, and activities, with the biggest savings landing on the 7 July peak day. In Vietnam, the sale features flat-price flights from 777,000 VND, up to 50% off sitewide, and Buy 1 Get 1 deals on hotels and activitie

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PhilStar Business

DOE: Diesel, kerosene prices may rise by over P1 per liter

DOE says diesel and kerosene prices may rise by more than P1 per liter this week.

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Manila Times Business

Astex Announces Exclusive Research Collaboration and License Agreement with Genentech for Breast Cancer Therapy Program

Collaboration leverages Astex’s industry-leading, fragment-based drug discovery capability to targeta key cell-cycle-dependent regulator in breast cancerAstex to receive an upfront and potential milestone payments, totalling more than $490 million as well as tiered royalties on net sales CAMBRIDGE, United Kingdom, July 06, 2026 (GLOBE NEWSWIRE) -- Astex Pharmaceuticals ("Astex”), a pharmaceutical company dedicated to the discovery and development of novel small molecule therapeutics for oncology

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Manila Times Business

Eddid Financial Announces Brand Upgrade

Minimalist Identity to Lead the New Era of Fintech Hong Kong, July 6, 2026 /PRNewswire/ -- Eddid Financial(the "Group") today announced a comprehensive upgrade of its visual identity system, headlined by the debut of a new corporate logo. This brand evolution marks a pivotal milestone in the Group's digital transformation and fintech journey. By adopting a more agile, modern, and client-centric international image, Eddid Financial aims to solidify its position as a pioneer in integrating traditi

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Manila Times Business

D-Link Brings Advanced AI Fall Detection and Privacy Protection to Home Elderly Care with the New DCS-8610 Wi-Fi Camera

Advanced technologies traditionally found in expensive professional surveillance systems are now available in an affordable smart home camera designed to protect both safety and dignity. TAIPEI, July 6, 2026 /PRNewswire/ -- D-Link Corporation today announced the global launch of the DCS-8610 2.5K QHD Pan & Tilt Pro Wi-Fi Camera. Guided by the vision to help families "See Smarter, Live Safer," this sophisticated camera brings advanced AI capabilities, historically confined to expensive commercial

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Manila Times Business

New Beko research reveals eight in ten fans miss key sporting moments as matchday

Summer sport is turning the kitchen into the heart of home hosting, with fridges, ovens and freezers helping to prep food and drinks while guests stay focused on the game. ISTANBUL, July 6, 2026 /PRNewswire/ -- Beko, Europe's leading home appliances company, has announced a new study showing that as more fans gather at home to watch live sport, appliances are doing the heavy lifting behind the scenes. From kick-off to clean up, the right appliances make hosting feel easier, less stressful and mo

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Manila Times Business

HeyMax Launches HeyMax First -- the World's First Miles-Upfront Membership That Let Travellers Fly Now and Earn Later

Members receive up to one million miles upfront to book their dream flight today, then earn the miles back at their own pace - no deadline, no penalties. All first-year membership fees are waived at launch. SINGAPORE, July 6, 2026 /PRNewswire/ -- HeyMax, the Singapore-born AI-powered loyalty and travel rewards platform, today officially launched HeyMax First, the world's first miles-upfront membership programme, to all customers. HeyMax First flips the decades-old loyalty model on its head: inst

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Rappler Business

The Philippines is now upper-middle income. Why doesn’t it feel that way?

After hitting this milestone, the country’s chief economist says the challenge is now both 'making the growth faster' and 'more inclusive so that poverty reduction can be faster'

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Manila Times Business

New Crypto Pepeto Nears Binance Listing After Shiba Inu Playbook While Cardano Price Prediction Eyes $9.59

DUBAI, United Arab Emirates, July 06, 2026 (GLOBE NEWSWIRE) -- The new crypto Pepeto secured its live CoinMarketCap page, a milestone that history says arrives only days ahead of a top exchange listing, since these pages never go live unless the debut is close. The timing matches the cross chain bridge moving into its next phase, and together the two signals put a Binance listing nearer than anything the team has said publicly. Money is flooding in as buyers race to secure entries in what many n

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Manila Times Business

Offentliggørelse af prospekter, Investeringsforeningen Wealth Invest

Hermed offentliggøres ajourførte prospekter for Coop-afdelingerne, SEB-afdelingerne og Othania-afdelingerne i Investeringsforeningen Wealth Invest. Prospektet for Coop-afdelingerne offentliggøres som følge af, at afdelingerne er blevet overflyttet fra Investeringsforeningen Coop Opsparing til Investeringsforeningen Wealth Invest med virkning pr. dags dato. Der er som følge deraf udarbejdet et prospekt for afdelingerne i regi af Investeringsforeningen Wealth Invest. Prospektet afspejler ligeledes

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Investing.com PH

Fed’s Waller says forward guidance valuable but must be flexible

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Manila Times Business

RecCloud Launches Video Recreation Feature to Help E-commerce Sellers Create Promotional Videos More Efficiently

HONG KONG, July 06, 2026 (GLOBE NEWSWIRE) -- RecCloud has introduced Marketing Video Recreation, a new AI-powered feature available on its mobile app that helps e-commerce sellers and marketers create promotional videos more efficiently. By using an existing video as a reference, users can quickly create new marketing content with their own products, visuals, and creative ideas without starting from scratch. For many businesses, creating promotional videos is an ongoing task. New product launche

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Manila Times Business

39/2026・Trifork Group: Weekly report on share buyback

Schindellegi, Switzerland - 6 July 2026 Trifork Group AG Company announcement no. 39/2026 Weekly report on share buyback On 27 February 2026, Trifork initiated a share buyback program in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buyback program runs from 2 March 2026 up to and including no later than 31 December 2026. For details, please see company

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Manila Times Business

CBAK Energy Previews Next-Generation High-Rate LFP Cells for AI Data Center Backup Power

New 26650HP V2.0 and 26650PFS2 V2.0 cells are designed to support rack-level BBU applications and UPS scenarios requiring sustained high-rate power DALIAN, China, July 06, 2026 (GLOBE NEWSWIRE) -- CBAK Energy Technology Limited (NASDAQ: CBAT) ("CBAK Energy” or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today previewed its next-generation high-rate lithium iron phosphate (LFP) cylindrical cells for AI data center battery backup unit

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Manila Times Business

70% of People in Singapore Turn to Screens to Escape Daily Pressures, New Study Finds

StarHub launches The Power of Pause to help people build healthier relationships with their digital devices SINGAPORE, July 6, 2026 /PRNewswire/ -- For many people in Singapore, screens have become a source of comfort, connection and escape. A national study by StarHub and YouGov1 found that seven in ten people in Singapore use screens to cope with everyday pressures, while more than 80% reported feeling mentally drained by prolonged screen time.2 In response, StarHub today launched The Power of

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Manila Times Business

Traveloka Launches 7.7 Epic Sale in Thailand: Up to 7,777 THB Off Flights and Up to 50% Off Hotels and Travel Activities

BANGKOK, July 6, 2026 /PRNewswire/ -- Traveloka, Southeast Asia's all-in-one travel tech platform, today launched its 7.7 Epic Sale, a region-wide campaign running 6 to 10 July 2026. The annual double-date sale offers travellers discounts across flights, hotels and activities, with the biggest savings landing in a 27-hour peak window from 9 PM on 6 July to 11:59 PM on 7 July. In Thailand, the sale features up to 7,777 THB off flights, up to 50% off hotels and activities, and coupons of up to 1,0

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Manila Times Business

Beyond Bilateral Rivalry: Experts Reassess the Role of China-U.S. Relations in Global Stability

BEIJING, July 6, 2026 /PRNewswire/ -- As geopolitical tensions deepen and regional conflicts multiply, scholars and policy experts gathered at the 14th World Peace Forum in Beijing to examine a central question: Can stability between China and the United States still anchor an increasingly fragmented international order? A panel, "China-U.S. Relations and International Stability" brought together scholars from China, the United States, and international institutions for a discussion chaired by D

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Manila Times Business

Pradera poses fresh test as Avaricio targets back-to-back wins

MANILA, Philippines — Chanelle Avaricio returns to action brimming with confidence after a dramatic comeback victory in Baguio, but the multi-title campaigner knows the challenge awaiting at Pradera Verde will be an entirely different test. With the demanding Pinewoods layout giving way to a longer course that rewards power as much as precision, Avaricio expects another fierce battle as she chases a second straight victory in the ICTSI Pradera Verde Championship beginning Tuesday at the Ar

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Manila Times Business

Himax Technologies, Inc. Schedules Second Quarter 2026 Financial Results Conference Call on Thursday, August 6, 2026 at 8:00 AM EDT

TAINAN, Taiwan, July 06, 2026 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) ("Himax” or the "Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Thursday, August 6, 2026 at 8:00 a.m. US Eastern Daylight Time and 8:00 p.m. Taiwan Time to discuss the Company's second quarter 2026 financial results. HIMAX TECHNOLOGIES, INC. SECOND QUARTER 2026 EARN

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Rappler Business

Fuel prices rise again with diesel, kerosene hikes on July 7

The DOE says Dubai crude has fallen to pre-war levels, but local pump prices remain tied to still-elevated regional fuel benchmarks

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BusinessWorld

SEC and GCash lending arm Fuse to roll out nationwide campaign to promote safe, responsible digital borrowing

The Securities and Exchange Commission (SEC) has partnered with Fuse Financing, Inc., the lending arm of GCash, to launch a nationwide financial literacy campaign that empowers Filipinos to borrow responsibly, recognize unlicensed lenders, and protect themselves from predatory lending and financial distress. The campaign features SEC-approved educational videos designed to promote responsible borrowing, help consumers […]

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BusinessWorld

BFAR earns highest CoA audit rating for 4th straight year

The Bureau of Fisheries and Aquatic Resources (BFAR) has secured the Commission on Audit’s (CoA) Unmodified Audit Opinion, the highest audit rating, for the fourth consecutive year, reflecting its commitment to fiscal integrity and clean governance. The distinction covers the Bureau’s Consolidated Annual Audit Report, including financial operations of its Central Office and all 16 […]

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