Philippines Business News

WasabiCard Heads to ChinaJoy 2026 to Power Global Business Growth

Shanghai, China, Aug. 03, 2026 (GLOBE NEWSWIRE) -- WasabiCard, a global payment infrastructure platform, announced its participation in ChinaJoy 2026, taking place from July 31 to August 2, 2026, at Shanghai New International Expo Centre. The company will showcase its global payment solutions at Booth W5-A102, connecting with businesses and industry partners from the gaming, internet, and digital entertainment sectors. As digital businesses continue expanding into international markets, efficien

Share buyback programme - week 31

Nasdaq Copenhagen Euronext Dublin London Stock Exchange Danish Financial Supervisory Authority Other stakeholders Date 3 August 2026 Share buyback programme - week 31 The share buyback programme runs in the period 6 May 2026 up to and including 7 August 2026, see company announcement of 6 May 2026. During the period the bank will thus buy back its own shares for a total of up to DKK 400 million under the programme, but to a maximum of 500,000 shares. The programme is implemented in compliance wi

1Spatial by VertiGIS and INDIGITAL Partner to Bring Automated GIS Data Integrity to NG911

Partnership delivers validated, governed location data and NG911 infrastructure through a single accountable partner, powered by VertiGIS 1Engage. Denver, US. August 3, 2026 - VertiGIS, a global leader in geospatial solutions, today announced a sole channel partnership with INDIGITAL, a leading provider of next-generation public safety communications solutions, to deliver automated GIS data validation, governance and managed services to 911 agencies across the United States. The partnership is p

GCash redefines payment convenience with direct Visa and Mastercard card linking

TO deliver greater convenience and payment freedom, GCash, the country’s number 1 finance superapp, will soon allow users to link their Visa or Mastercard debit and credit cards directly as a payment source for transactions. Set to roll out within August, this new feature will enable seamless in-store purchases even when a user's wallet balance is low or even empty, eliminating the need to first cash in. By allowing Visa or Mastercard cards to pay for purchases in real time, GCash ensures

RCBC extends ‘Piso Fare’ at LRT-2 for MySSS Cardholders

RIZAL Commercial Banking Corp. (RCBC) has extended its “Piso Fare,” allowing MySSS Cardholders to continue enjoying a P1.00 fare at Light Rail Transit (LRT)-2 until Auag. 31, 2026. In line with the bank’s mission to make digital banking more accessible and relevant in everyday life, RCBC is extending the promo to encourage greater adoption of digital fare payments and reinforce a digital-first mindset among Filipino commuters. The extension comes as more Filipinos continue to r

Brazil former first lady Bolsonaro launches Senate bid

BRASÍLIA, Brazil — The right-wing Liberal Party in Brazil nominated former first lady Michelle Bolsonaro as a senate candidate on Sunday, despite her recent feud with her stepson Flavio Bolsonaro, the party's presidential nominee. With ex-president Jair Bolsonaro under house arrest for plotting a coup at the end of his 2019-2022 term, Michelle and Flavio Bolsonaro have been locked in a struggle over influence in Brazil's large conservative movement. The feud became public in late Ju

Megaworld partners with Thailand’s ViaBus for AI-powered township transit app

Megaworld Corp. has partnered with Thailand-based mobility technology startup ViaBus to launch an artificial intelligence (AI)-powered real-time transit tracking application for its Citylink shuttle service, as it expands digital mobility initiatives across its integrated townships. Megaworld has introduced an AI-powered real-time transit tracking application for its Citylink shuttle service, allowing commuters to monitor vehicle locations, […]

Signal No. 1 up in six areas as Tropical Depression Luis threatens Luzon

Storm Signal No. 1 was hoisted over six areas in Luzon due to Tropical Depression (TD) Luis, bringing strong winds and torrential rains as heavy rainfall warnings were raised in several areas, according to the state weather bureau on Monday. Areas under Signal No. 1 include Isabela, Quirino, the central and eastern portions of Cagayan, […]

Fuel price rollback set for August 4 after weeks of hikes

The latest rollback suggests some easing after global oil and refined fuel prices surged in late July due to renewed tensions in the Middle East

TNVS riders, drivers may claim benefits from SSS-linked program

DOLE says qualified riders can seek income and medical aid for work injuries.

Wolfe flags fiscal pressures facing Treasury ahead of borrowing outlook release

Philippines manufacturing PMI expands for a third straight month in July

PHILIPPINE MANUFACTURING activity continued to expand in July, posting modest growth as stronger demand offset rising input costs, S&P Global said. The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) edged up to 51.8 in July from 50.9 in June, marking a third straight month of expansion. A PMI reading above 50 signals an improvement […]

Fed’s Williams says rate hikes possible if inflation persists

Forgot to top up? GCash users can soon pay QR purchases with linked Visa cards

Once launched, GCash users can scan a merchant's QR code and pay directly with their linked Visa debit or credit card without having to draw form their wallet balance

GCash redefines payment convenience with direct Visa and Mastercard card linking

No need to cash in! GCash users will soon be able to link their Visa and Mastercard credit and debit cards to pay instantly. To deliver greater convenience and payment freedom, GCash, the country’s #1 finance superapp, will soon allow users to link their Visa or Mastercard debit and credit cards directly as a payment […]

Meralco customers to pay P595M for system loss, after Marcos SONA call

This is just part of the P8.7 billion in unrecovered pass-through costs that the Energy Regulatory Commission has allowed Meralco to collect over three years, in a newly released decision

Iran war whiplash; Palantir earnings ahead - what’s moving markets

Ascentage Pharma Appoints Dr. Faiçal Miyara as Chief Business Officer and Jim Ziegler as Chief Commercial Officer

Appointments put dedicated leadership behind two separate priorities: building Ascentage Pharma’s own commercial organization in the United States, and expanding its global business development program ROCKVILLE, Md., Aug. 02, 2026 (GLOBE NEWSWIRE) -- Ascentage Pharma Group International (NASDAQ: AAPG; HKEX: 6855), a global, commercial-stage, integrated biopharmaceutical company engaged in the discovery, development and commercialization of novel therapies to address unmet medical needs in cance

Business Council Alberta calls for immediate federal action to end WestJet disruption

Calgary, AB, Aug. 02, 2026 (GLOBE NEWSWIRE) -- With negotiations between WestJet and its flight attendants at an impasse, the Business Council of Alberta (BCA) is calling on the federal government to intervene immediately to restore air service. In 2025, the federal government acted within hours of the Air Canada cabin crew strike. Canadians affected by the WestJet disruption deserve the same urgency and a consistent response from their federal government for an Alberta based airline. The Busine

Today's Weather, 5 A.M. | Aug. 3, 2026

Idaho shooting suspect died from self-inflicted gunshot wound — police

TWIN FALLS, Idaho — The suspect in a fatal shooting at a fast-food restaurant in Idaho died of a self-inflicted gunshot wound, police said Sunday, crediting an off-duty officer and a citizen with firing shots that diverted him. Investigators are confident that the gunman, identified as 24-year-old Chad Williams, acted alone during the shooting Saturday in Twin Falls, Police Chief Matthew Hicks said at a news conference. In all, three people died and seven others were injured at the recentl

Group slams ‘selective justice’ after Revilla granted bail

MANILA, Philippines — A support group for political prisoners on Sunday accused the Philippine justice system of applying a “double standard” after former Senator Ramon “Bong” Revilla Jr. was granted bail while elderly and seriously ill political prisoners, including 77-year-old Vicente “Vic” Ladlad, remain behind bars after years of detention without conviction. The group KAPATID issued the statement after the Sandiganbayan Third Division granted Revill

Cboe Completes Sale of Cboe Australia to TMX Group

CHICAGO, Aug. 3, 2026 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a leading global markets operator and pioneer in equity and index derivatives, today announced it has completed the sale of Cboe Australia (now TMX Australia Exchange) to TMX Group Limited (TMX Group). "Over the past year, Cboe has taken decisive steps to refocus our business, concentrate resources on our core strengths and invest in our most compelling growth opportunities. The sale of Cboe Australia is a part of that

AI's Hidden Problem Isn't Chips. It's Electricity.

Legendary Economist explains the power required to keep scaling AI may be the constraint that finally breaks the boom Baltimore, MD, Aug. 02, 2026 (GLOBE NEWSWIRE) -- The AI boom is usually framed as a race for faster chips and bigger models. Jim Rickards says the real limit is far more physical, and far harder to engineer around: raw electrical power. In a new presentation, the former advisor to the CIA and the Pentagon argues that the energy required to keep AI growing may be the wall the enti