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Philippines Business News

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

8937 articles across all sources

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BusinessWorld

LTFRB opens motorcycle taxi bids

THE Land Transportation Franchising and Regulatory Board (LTFRB) has opened accreditation for motorcycle taxi platforms as it reviews rider cap allocations. LTFRB Chairman Vigor D. Mendoza II said the move aims to ensure an orderly public transport system. The rider cap remains at 45,000, allocated among Angkas (23,164), Joyride (15,000) and Move It (6,836). Separately, […]

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BusinessWorld

Angat Dam level rises 3.5 meters

ANGAT DAM’S water level rose by 3.48 meters on Thursday after days of rain brought by a low-pressure area and other weather systems, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said. The water level climbed to 154.33 meters from 150.85 meters on Wednesday but remained below the 160-meter critical operating level. PAGASA said […]

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PhilStar Business

Marcos issues new policy to boost local EV manufacturing

President Ferdinand Marcos issued a new policy on Thursday, July 30 to develop local electric-vehicle manufacturing industry.

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Investing.com PH

Chinese vice premier voices concern over US measures in call

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Rappler Business

Who comes after MVP? Pangilinan has successors in mind.

The 80-year-old tycoon says the next crop of leaders will be in their 30s or early 40s, adding that they can't be 'the run-of-the-mill legacy guys majored in HRM or home economics'

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Manila Times Business

AION UT Tops Multiple Markets as GAC International Reports Record H1 Results

GUANGZHOU, China, July 30, 2026 /PRNewswire/ -- In the first half of 2026, GAC's overseas wholesale and end-user retail volumes doubled year-on-year. Total exports reached 121,483 units, nearly matching the full-year export volume of last year, with a significant 132% year-on-year increase, marking a major milestone. GAC achieved robust growth across all regions. In the Americas, Mexico delivered outstanding performance, with the AION ES and AION UT securing spots in the top ten in BEV sales ran

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Manila Times Business

How AION V Won Over UK's First Batch - From Chinese Relatives to British Families

GUANGZHOU, China, July 30, 2026 /PRNewswire/ -- Following the first customer handovers of the AION V in the UK, this all-electric model from China has officially made its way into daily streets across the country. Ms. Xu is one of the most distinctive owners in the first batch of UK AION V deliveries - her connection with the model began long ago, thousands of miles away in China. "At first, I was looking at pure electric models from other brands. When choosing a new EV brand in the UK, I was qu

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Manila Times Business

Sieyuan Electric's 420 kV RIP Bushings Successfully Applied in a Core Project of the Greek National Grid

RUGAO, China, July 30, 2026 /PRNewswire/ -- As a subsidiary of Sieyuan Electric, a global leader in power transmission and distribution equipment, Jiangsu Sieyuan Hertz Instrument Transformer Co., Ltd. has successfully put its independently developed and manufactured RIP transformer bushings up to 420 kV into operation at a key substation of the Greek National Grid. To guarantee on-time grid connection and commissioning of the project, while adapting to local grid operating conditions and meetin

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Manila Times Business

International Petroleum Corporation to release Second Quarter 2026 Financial and Operational Results on August 4, 2026

International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) will publish its financial and operating results and related management’s discussion and analysis for the three and six months ended June 30, 2026, on Tuesday, August 4, 2026 at 07:30 CEST, followed by an audiocast at 09:00 CEST. Listen to William Lundin, President and CEO, and Christophe Nerguararian, CFO, commenting on the second quarter 2026 financial and operating results and the latest developments from IPC. Follow the

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Manila Times Business

J.P. Morgan Private Bank Earns Record 10 Accolades at The Asset Triple A Private Capital Awards 2026

Asia Private Bank CEO Harshika Patel Named Asia Private Banker of the Year as Firm Doubles Award Count HONG KONG, July 30, 2026 /PRNewswire/ -- J.P. Morgan Private Bank today announced it has earned 10 accolades at The Asset Triple A Private Capital Awards 2026, marking an outstanding result for the firm in Asia-Pacific and more than doubling its total wins from the previous year. Among the top recognitions, J.P. Morgan Private Bank was named Asia's Best Private Bank, Best Private Bank for UHNWI

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Manila Times Business

EMZOOM Tops Middle East SUV Sales as GAC Posts Doubled Overseas Volumes

GUANGZHOU, China, July 30, 2026 /PRNewswire/ -- In the first half of 2026, GAC's overseas wholesale and end-user retail volumes doubled year-on-year. Total exports reached 121,483 units, nearly matching the full-year export volume of last year, with a significant 132% year-on-year increase, marking a major milestone. GAC achieved robust growth across all regions. In the Middle East and Africa, the EMZOOM ranked first in Lebanon's B-segment SUV market, and the Middle East region saw a substantial

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Manila Times Business

Plotio Deepens Its Global Partner Relationships Through Knowledge, Professional Support, and International Collaboration

BANGKOK, July 30, 2026 /PRNewswire/ -- As the global financial industry continues to evolve, long-term business success increasingly depends on strong partnerships built on trust, shared expertise, and long-term, transparent collaboration. To further reinforce its commitment to partners worldwide, Plotio has outlined its approach to supporting them through knowledge sharing, professional resources, and international engagement. Building on more than 16 years of industry experience, Plotio is com

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Manila Times Business

CallTower Launches Enterprise Concierge Program to Deliver Premium Experience for Large-Scale Organizations

New initiative deepens strategic partnerships and elevates the enterprise customer journey with high-touch, personalized support SALT LAKE CITY, UT, July 30, 2026 (GLOBE NEWSWIRE) -- CallTower, a global leader in delivering cloud-based enterprise communication and collaboration solutions, today announced the launch of its Enterprise Concierge Program. This exclusive, white-glove initiative is designed to provide a premium, high-touch experience for large-scale organizations, reinforcing CallTowe

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Manila Times Business

Relation Announces Expanded Collaboration with GSK

Up to $110 million upfront and success-based milestones collaboration will generate large-scale human cellular perturbation datasets to advance understanding of disease biology LONDON, July 30, 2026 (GLOBE NEWSWIRE) -- Relation today announced a strategic research collaboration with GSK focused on generating large-scale human cellular perturbation data and deploying them into models, including MORGAN, Relation's cellular biology foundation model, to deepen understanding of disease biology and su

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Manila Times Business

Kalmar and APM Terminals announce strategic partnership to advance development of terminal technology

Olaf Gelhausen and Sami Niiranen Olaf Gelhausen, COO of APM Terminals, and Sami Niiranen, President and CEO of Kalmar. Kalmar and APM Terminals announce strategic partnership Kalmar and APM Terminals have announced a strategic partnership to advance the development of next generation terminal technology. KALMAR CORPORATION, TRADE PRESS RELEASE, 30 JULY 2026 AT 10.00 (EEST) Kalmar and APM Terminals announce strategic partnership to advance development of terminal technology Kalmar and APM Termina

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Manila Times Business

Actimed Therapeutics Strengthens Board with Appointment of Dr. Anders Ullman

Dr. Anders Ullman Actimed Therapeutics Strengthens Board with Appointment of Dr. Anders Ullman London, UK - 30 July 2026. Actimed Therapeutics Ltd ("Actimed”), a UK based clinical stage specialty pharmaceutical company focused on bringing innovation to the treatment of cancer cachexia and other muscle wasting disorders, today announces the appointment of Dr. Anders Ullman to its Board of Directors. Dr. Ullman is a physician, clinical pharmacologist and pharmaceutical executive with more than 30

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Manila Times Business

Relation unveils MORGAN, the next-generation model of cellular biology

LONDON, July 30, 2026 (GLOBE NEWSWIRE) -- Relation today announced MORGAN (Multi-Omic Regulatory Genomics using Artificial Neural Networks), our flagship cellular foundation model designed to transform how new biology is understood and medicines are discovered. MORGAN is a general purpose model which can be applied across cell types and applied to specific disease areas. Each tissue-specific MORGAN model will focus on a therapeutically important cell type that plays a central role in disease bio

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Manila Times Business

Greenlight Innovation Syndicate 3456 Progresses to Full Lloyd’s Syndicate

GRAND CAYMAN, Cayman Islands, July 30, 2026 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (Nasdaq: GLRE) ("Greenlight Re” or the "Company”) announced today that Greenlight Innovation Syndicate 3456 ("Syndicate 3456”) has received "in principle” approval from Lloyd’s to become a full Lloyd’s syndicate, with effect from January 1, 2027. Syndicate 3456, which writes Greenlight Re Innovations business with a focus on Coverholder partnerships, began underwriting as a Syndicate-in-a-Box on April 1,

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BusinessWorld

Hiraya Water launches P600-million rehab program for Dasmariñas network

Hiraya Water Corp., formerly known as Primewater Infrastructure Corp., has launched a P600-million capital expenditure program to rehabilitate and expand the water distribution system in Dasmariñas City, marking the first major infrastructure rollout under its new ownership by Crystal Bridges Holdings Corp. The company also recently secured approval from the Securities and Exchange Commission to […]

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Manila Times Business

Jordanian air defenses shoot down 5 missiles launched from Iran, state-run news agency says

CAIRO, Egypt — Jordan’s air defenses shot down five missiles launched from Iran Thursday morning, the country's state-run Petra news agency said, hours after the US military announced it had completed “a heavy wave of strikes against Iran” in response to an earlier Iranian missile attack on a US base in Jordan. No casualties were reported from Jordan's interception of the missiles, the news agency quoted the spokesman for the country's armed forces as saying. The U.S. Cen

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Manila Times Business

Stock indices as of July 30, 2026

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Manila Times Business

GAC S7 and AION UT: Official Service Vehicles for Xinhua News Agency's World Cup Reporting in Mexico

MEXICO CITY, July 30, 2026 /PRNewswire/ -- As one of the world's premier football tournaments kicks off across the U.S., Canada, and Mexico, hundreds of millions of fans are following the action. In Mexico, football is everywhere - from the vibrant streets of Mexico City to the historic city of Toluca, and on to the training grounds of youth academies, where passion and dreams take root. To support the fast-paced, high-intensity demands of front-line media coverage, GAC has provided the AION UT

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Manila Times Business

3iQ and Bhutan's Gelephu Mindfulness City Announce Strategic Partnership to Advance GMC's Digital Asset Ambitions

3iQ secures a dedicated mandate to manage a portion of Gelephu Mindfulness City's (GMC) Bitcoin reserves.3iQ and GMC will collaborate closely to support the vision of building a next-generation institutional-grade digital asset management ecosystem focused on innovation and sustainability.TORONTO and GELEPHU, Bhutan, July 30, 2026 /PRNewswire/ -- 3iQ Corp. ("3iQ"), a global pioneer in digital asset investment solutions, and Gelephu Mindfulness City, a Special Administrative Region in southern Bh

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Manila Times Business

Record-low Danube River affects tourism and industry as drought and heat grip Central Europe

BUDAPEST, Hungary — As wildfires rage in France and Spain and a renewed heat wave is bearing down on Western Europe, a prolonged drought half a continent away is setting record low water levels on one of Europe's largest rivers, disrupting tourism and industry and confronting residents with the realities of climate change. The Danube River, which runs through 10 countries from southwestern Germany to the Black Sea, has receded to never-before-seen lows along much of its course, exposing ro

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