Philippines Business News

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COA auditors to testify next on spending of Sara's confidential funds — Prosecution

MANILA, Philippines — The prosecution panel of the House of Representatives will shift its focus on how Vice President Sara Duterte’s alleged confidential funds were spent and liquidated when it presents two Commission on Audit (COA) officials and a House records custodian in the impeachment trial that resumes on Monday. The witnesses are expected to testify on the liquidation of the P612.5 million in confidential funds received by the Office of the Vice President and the Department

Magnitude 4.7 quake strikes near Italy's Naples, causing outages, damage

Boulders cascaded onto parked cars, crushing vehicles beneath the rubble on July 31, 2026 after a magnitude 4.7 earthquake struck the Campi Flegrei area near the southern Italian city of Naples, causing power outages, disrupting train and metro services and damaging some buildings, authorities said. The quake, recorded at 7:46 p.m. (1746 GMT), had its epicenter in the Campi Flegrei area to the west of Naples at a depth of about 3 km (2 miles), Italy's National Institute of Geophysics and Volcano

F-35 crashes on San Diego Marines base

A Marine Corps F-35B aircraft crashes near the runway of Marine Corps Air Station Miramar in San Diego, California, on July 31, 2026 in what a military spokesman described as a 'mishap.' The spokesman said the pilot 'ejected' and 'has been recovered' but did not elaborate on his condition. The crash appeared to have sparked a grass fire in the vicinity, as the surrounding area was left blackened and charred. It was unclear what caused the crash. VIDEO BY REUTERS / ABC AFFILIATE KGTV

China denounces PH map on Bajo de Masinloc, slams WPS spokesman for 'recycled accustaions'

(UPDATE) MANILA, Philippines — China denounced the Philippines' claims of its jurisdiction over Scarborough Shoal or Bajo de Masinloc, calling it a “grave infringement: of its territorial sovereignty. This comes after the Department of Foreign Affairs said it has deposited its official nautical chart showing national baselines and maritime jurisdiction with the United Nations Secretariat. In a statement Saturday, China’s Ministry of Foreign Affairs said the move violated intern

NCT 127 announces Manila stop for ‘Neo City: The Redline’ World Tour

MANILA, Philippines — K-pop powerhouse NCT 127 is returning to the Philippines as the group brings its fifth concert tour, "Neo City: The Redline," to Manila on Dec. 12, 2026, at the SM Mall of Asia Arena. The Manila show was confirmed as part of the group's newly announced world tour schedule, which includes stops in Seoul, Jakarta, Hong Kong, Singapore, Saitama, Bangkok, and Manila. Fans, collectively known as NCTzens, can expect the concert to follow the release of the group's highly an

House prosecutor draws parallels between Sara confidential funds case and Arroyo fertilizer scam

MANILA, Philippines — A prosecutor of the House of Representatives on Saturday likened the impeachment charge of Vice President Sara Duterte’s alleged misuse of P612.5 million in confidential funds to the fertilizer fund scam under former president Gloria Macapagal-Arroyo, saying both cases centered on whether public funds reached their intended purpose. “If you remember the fertilizer scam, there was funding. The government’s fertilizer program was a good program. There

Aludo reaches Hilado J60 World Tennis final

MANILA, Philippines — PHILIPPINE Tennis Academy member Stefi Marithe Aludo advanced to the Oscar J. Hilado J60 World Tennis Championship Week 2 girls' singles final after beating Jana Jelena Nicole Diaz, 6-4, 6-1, Saturday at the Rizal Memorial Tennis Center. Aludo will face first leg winner Yerin Lee of Korean, who prevailed over compatriot Seojin Park, 6-4, 6-3. Meanwhile, first leg champions Aludo and Jallorina walked over Kimika Fukui of Japan and Han Frida Siu of Hong Kong to earn a s

Xiamen Builds Multi-Dimensional Development Platform to Smooth the Path for Hong Kong and Macao Talent to Pursue Dreams in the City

XIAMEN, China, July 31, 2026 /PRNewswire/ -- This is a news report by Hong Kong Ta Kung Wen Wei Media Group Limited: The seventh annual Xiamen Talent Service Month, held without interruption, has officially kicked off. Centered on this year's theme for young talent - "Young • Talented • Future-oriented" - the event features over 40 supporting activities, creating a platform for domestic and overseas young talent exchanges and development that reaches out globally and connects closely with Hong K

Bitdeer Announces Second Quarter 2026 Earnings Conference Call for August 10th 2026

SINGAPORE, Aug. 01, 2026 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) ("Bitdeer” or the "Company”), a world-leading technology company for Bitcoin mining and AI infrastructure, today announced that it has scheduled its second quarter 2026 earnings conference call and webcast for Monday, August 10, 2026 at 8:00 AM EST. During the call, Bitdeer management will discuss the unaudited financial and operational results for the quarter ended June 30, 2026, followed by a question-and-an

US stocks rise to finish a wild July as Amazon soars, Apple sinks and inflation worries worsen

NEW YORK — US stocks rose Friday to finish a wildJuly for Wall Street as Amazon leaped, Apple sank and rising oil prices worsened worries about inflation staying high. The S&P 500 climbed 0.7% after veering between gains and losses through the day. The Dow Jones Industrial Average added 276 points, or 0.5%, and the Nasdaq composite rallied 1% after briefly losing all of an early 1.3% jump. It’s a fitting finish to July for the U.S. stock market, which lurched up and down as oil price

Arizona Ghost Tour Company Freaky Foot Tours Tops 1,700 Verified Reviews as Halloween Booking Opens

The mother-and-son owned company opens fall and Halloween 2026 booking for its ghost tours and history tours in Flagstaff, Prescott, and Tucson, where its tours run year-round. Flagstaff, AZ, Aug. 01, 2026 (GLOBE NEWSWIRE) -- Freaky Foot Tours, a mother-and-son owned walking tour company running ghost tours and history tours in Flagstaff, Prescott, and Tucson, Arizona, has surpassed 1,700 verified guest reviews across Google, TripAdvisor, Viator, and other platforms, the company announced today.

Eat Sleep Launch Repeat Debuts Tour Consulting and Luxury Rental Readiness With Published Pricing

The Flagstaff, Arizona operating partner is launching two consulting verticals with published pricing, built on its founder's 10 years running the Arizona walking tour company he co-founded. The firm also released the Experience Scorecard, a free 10-question self-assessment for tour operators, no email required. Flagstaff, AZ, Aug. 01, 2026 (GLOBE NEWSWIRE) -- Eat Sleep Launch Repeat, a Flagstaff, Arizona consulting firm that works as an operating partner for owner-led businesses, today announce

Excellent Presence's Website Redesign Service Nearly Triples Key Page Views for 23-Year-Old Nonprofit

A U.S. web strategy studio recently redesigned a client’s website to spotlight the pages that fill their trainings. In the first 30 days, training page views rose 169%. Saint Petersburg, FL, Aug. 01, 2026 (GLOBE NEWSWIRE) -- Excellent Presence, a web strategy studio for mission-driven organizations, redesigned the website for an established nonprofit client. The client trains behavioral health providers, schools, and community organizations across Ohio, and those events are an important core of

NIO Inc. Provides July 2026 Delivery Update

35,934 vehicles were delivered in July 2026, increasing by 71.0% year-over-year227,057 vehicles were delivered year-to-date in 2026, increasing by 68.0% year-over-yearCumulative deliveries reached 1,224,649 as of July 31, 2026 SHANGHAI, Aug. 01, 2026 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) ("NIO” or the "Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced its July 2026 delivery results. The Company delivered 35,934 vehicl

ContractHelp.org Launches Innovative Web Service for UK Small-Business Owners

New Platform Offers Rapid, Plain-English Risk Reports on Commercial Contracts Birmingham, ENGLAND, Aug. 01, 2026 (GLOBE NEWSWIRE) -- ContractHelp.org, a website already helping entrepreneurs better understand contracts, has announced the launch of its new web service, ContractHelp, designed to assist small-business owners in the United Kingdom. This unique platform aims to demystify the complexities of commercial contracts by offering plain-English risk reports, helping businesses identify poten

Bolder Digital Announces Expansion of Trained Virtual Assistant Services for Australian Businesses

Bolder Digital, the Tasmania based automation agency behind the "ings of business" system, reports accelerating demand for its virtual assistant services as Australian businesses look for trained support without the cost of an in house hire. Prospect Vale, TAS, Aug. 01, 2026 (GLOBE NEWSWIRE) -- Bolder Digital, an AI and automation agency headquartered in Tasmania, Australia, has announced plans to expand its pool of trained virtual assistants across bookkeeping support, social media management,

XPENG Announces Vehicle Delivery Results for July 2026

GUANGZHOU, China, Aug. 1, 2026 /PRNewswire/ -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading global Physical AI company, today announced its vehicle delivery results for July 2026. XPENG delivered 38,027 vehicles in July, marking an increase of 4% year over year. As of July 31, 2026, the Company's cumulative deliveries reached a new milestone of more than 1.2 million units worldwide. On July 16, XPENG held its Brand Day and the L03 Global Launch Event in Munich, Ger

Nueva Ecija promotes composting systems for green economy transition

The Department of Science and Technology (DoST) branch in Nueva Ecija is promoting compact composting systems as part of a broader push to build a green, circular economy at the barangay and household level. Through the Industrial Technology Development Institute (ITDI), it is introducing two technologies designed for local waste reduction: the Dual Drum Composter for communities, and the Household Tumbling Composter for families. According to the DoST, the goal is to convert biodegradable waste

The Income Standard Officially Launches Comprehensive Retirement Income Education Platform Featuring Seminars, Webinars, Free Assessment Tool, and Expanded Podcast Library

FRISCO, Texas, Aug. 01, 2026 (GLOBE NEWSWIRE) -- The Income Standard, a retirement income education platform founded by retirement income specialist Tod Long, announced the official launch of its comprehensive educational platform designed to help pre-retirees and retirees better understand how to convert retirement savings into sustainable retirement income. The launch introduces an integrated suite of educational resources, including an in-person seminar series, a recurring webinar series, a f

Can SM Prime’s Seaside Arena aid Cebu’s recovery from 2025 tourism slump?

Following the wishes of his late father Henry Sy Sr., SM Prime chairman Hans Sy says the launch of the largest arena facility in the Visayas is only an initial piece of a 20-year plan

Trump says anti-weaponization fund in IRS settlement is 'dead' even as he defends it

WASHINGTON, D.C. — President Donald Trump said Friday that his $1.8 billion anti-weaponization fund is "dead” while also continuing to defend it, further complicating his administration’s negotiations with two Republican senators who are blocking his attorney general nominee in protest. Trump told reporters at Camp David on Friday morning that administration officials had "agreed not to have a fund” that compensates his political allies, yet made clear that he disagrees w

Russian barrage kills nine in Kyiv, damages Lithuanian embassy