Philippines Business News

Super Typhoon Bavi likely to enter PAR as early as Tuesday

Super Typhoon Bavi (international name) may enter the Philippine Area of Responsibility (PAR) in the coming days and enhance the southwest monsoon, bringing strong winds and heavy rainfall to parts of the country, according to the state weather bureau on Monday. “If the super typhoon’s movement and direction do not change,” Aldczar D. Aurelio, weather […]

[Ask the Tax Whiz] Guidelines on BIR’s Micro Taxpayer Relief Program

The One-Time Tax Abatement Program is a special initiative introduced by the BIR to allow eligible micro taxpayers to settle certain unpaid tax obligations

Japan-linked vessels exit Strait of Hormuz after months stranded in Gulf - reports

Eight Japanese ships depart Hormuz via passage near Iran

LIST: Banks, e-wallets that made transfers free or cheaper

More banks and e-wallets are expected to lower their InstaPay and PESONet transfer fees in response to the latest push by the Bangko Sentral ng Pilipinas

Work where you live with a condo for sale in Quezon City

Quezon City has neighborhoods perfect for different work styles.

CBC bundles credit, insurance to ease car ownership costs

The bundle slashes the steep upfront cash outlays that usually stall Filipino car buyers.

ISM services PMI ahead; OPEC+ lifts output target - what’s moving markets

Celebrating Independence Day: Freedom to Enjoy Every Summer Moment With VARON Oxygen Concentrator Solutions

NEW YORK, July 6, 2026 /PRNewswire/ -- As Americans prepare to celebrate Independence Day, a season defined by freedom, family gatherings, and summer living- VARON introduces its seasonal awareness campaign highlighting how modern respiratory support solutions can help individuals maintain comfort, mobility, and independence throughout the warmer months. Independence Day is widely recognized as a celebration of freedom, resilience, and the ability to live independently. Beyond its historical mea

Today's Front Page | July 6, 2026

Red-card U-turn rocks World Cup as England face Azteca test

LOS ANGELES, United States — The World Cup was plunged into uproar on Sunday after FIFA suspended a red card given to United States star Folarin Balogun ahead of the host nation's clash with Belgium, in a bombshell move welcomed by President Donald Trump but slammed as "astonishing" by Belgian officials. The extraordinary FIFA ruling means that Balogun is now free to play for the World Cup co-hosts on Monday when they face Belgium in Seattle with a place in the quarter-finals at stake. The

Japan space probe skims asteroid in test for planetary defense

TOKYO — A Japanese space probe performed a flyby of a near-Earth asteroid on Sunday, in a test mission for technology that could help protect the planet from space rocks. The fridge-sized Hayabusa2 was due to fly within 800 metres (0.5 miles) of asteroid Torifune, Japan Aerospace Exploration Agency (JAXA) scientists said earlier, a trial run to see whether such a probe could deflect a potentially dangerous space rock away from Earth. The mission comes after NASA deliberately smashed a spac

Dead body found in Paris canal popular with bathers: police

PARIS, France — French authorities have found a body of a man in a Paris canal that has been wildly popular with locals and tourists as a swimming spot to cool off in the early summer heatwave, police said. The body was found early Saturday in the Canal Saint-Martin in the north of the city centre whose banks have in recent weeks been thronged with bathers in the record temperatures. The man was brought to the surface by members of the fire brigade, police said. His body was very swollen,

F1 boss Domenicali hopes to restore cancelled Gulf grand prix

SILVERSTONE, United Kingdom — Formula 1 president Stefano Domenicali says he wants to restore to this season's calendar at least one of the two races in the Middle East which were cancelled because of the war in the region. The two rounds scheduled for Bahrain and Jeddah in April were scrapped following the attack by the USA and Israel on Iran which spilled over to all the Arab Gulf states. "If there is something that we can announce also related to the possibility of seeing if there is an

China, Russia to hold joint naval drills

CHINA — Beijing and Moscow announced Sunday they will hold their annual joint naval exercises off China's coast, with Russia saying the drills will begin Monday. The two countries have close economic and diplomatic ties, and their relations are strengthened by shared opposition to a global order dominated by Washington. The Chinese and Russian militaries have held regular joint exercises in recent years, a partnership that Western and some other governments view with suspicion as Moscow's

Spanish U20 rugby union player banned for seven matches

BRISBANE, Australia — A member of Spain's rugby union squad at the Under-20 World Cup has been banned for seven matches for "alleged racist verbal abuse" against another player, World Rugby said on Sunday. Mateo Aragon was cited after a complaint from France's coaching staff following remarks directed at opposing fly-half Luka Keletaona, when Les Blues won 57–32 in a pool match on Thursday in Kutaisi, Georgia. A three-member independent disciplinary panel did not give Aragon the full

NATO chief faces challenge at summit as Trump demands 'loyalty' and not just burden-sharing

ANKARA, Turkey — Since he started work as NATO secretary-general almost two years ago, Mark Rutte has spent much of his time trying to keep the United States anchored to the world’s biggest military alliance, employing outright flattery to dissuade U.S. President Donald Trump from acting on threats to abandon it. But the goalposts keep shifting, raising the stakes ahead of this week’s summit in Turkey. Initially, it was about money. Trump has long railed against NATO allies for

Heavy rains leave 5 dead in China's north while Tropical Storm Maysak hits the south and Vietnam

BEIJING — Heavy rains have left five people dead in northern China while a tropical storm toppled trees and submerged cars in the nation's south, state media reported Sunday. Two villagers died in a mountain flash flood Saturday evening in the eastern part of China's Inner Mongolia region, the official Xinhua News Agency said. One drowned while herding cattle and the other fell into water while driving a cattle herd away, the report said. Three other people died the same day in neighboring

June inflation likely eased for second month in a row — poll

PHILIPPINE INFLATION likely eased for a second straight month to a three-month low in June as lower oil and rice prices offset higher electricity rates, analysts said.

National Government’s debt service bill rises in May

THE NATIONAL GOVERNMENT’S (NG) debt service bill jumped by over 21% in May amid higher interest and amortization payments, the Bureau of the Treasury (BTr) said.

PSE’s capital-raising target hiked to P204B

THE PHILIPPINE Stock Exchange (PSE) expects companies to raise about P204 billion through the capital market in 2026, based on applications received so far, exceeding its initial target of P170 billion. At a media briefing on Saturday, PSE President and Chief Executive Officer Ramon S. Monzon said the revised forecast is backed by applications received […]

Philippine CEOs bullish on AI, but cite talent, infrastructure gaps — Deloitte

PHILIPPINE chief executive officers (CEOs) are confident in using artificial intelligence (AI) in major company decisions, but workforce readiness and infrastructure deficiencies remain key bottlenecks, according to advisory services firm Deloitte Philippines.

APECO pitches Malaysian investors on clean-energy, airport dev’t projects

THE Aurora Pacific Economic Zone and Freeport Authority (APECO) said it is soliciting clean energy and airport development investments from Malaysian firms. In a statement over the weekend, APECO said it will mount an investment mission to Malaysia on July 7-9. The mission will also gauge interest in seaport development, with APECO positioning itself as […]

Rockwell Leisure Club Inc. announces annual stockholders meeting