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
PAL adds new Airbus jet for North America flights
Flag carrier Philippine Airlines yesterday landed the third of its nine Airbus A350-1000s, expanding its widebody fleet to support long-range flights to Canada and the US.
Read more →Philippines drives satellite growth in Asia-Pacific
The Philippines is poised to become the next big market for direct-to-device service in Asia-Pacific, with telco-to-tech giant Globe Telecom Inc. benefitting from it for being the first in the segment.
Read more →‘Slim chance’ of huge BSP rate hike lifts stocks
The local stock market bounced back as investor sentiment got a boost from the Bangko Sentral ng Pilipinas indication that there is only a small chance of it going aggressive on its policy tightening.
Read more →SONA 2026 on energy
Among the notable pronouncements of President Marcos in his State of the Nation Address 2026 last Monday related to energy are the following: (1) removal of system loss (SL) charge via EPIRA amendment, (2) power generation expansion by up to 10,000 megawatts from 200 mostly renewables projects (3) indigenous oil-gas development and (4) affirmation of nuclear energy.
Read more →Tim Ho Wan doubling store count in Taiwan
Jollibee Group’s Tim Ho Wan is rolling out an aggressive four-year growth plan that will see its store network double in Taiwan.
Read more →UA&P: GDP growth likely at 2.5% in Q2
Philippine economic growth likely slowed in the second quarter compared to the previous quarter due to inflation risks stemming from the recent wage hike, unfavorable weather conditions and renewed tensions in the Middle East, according to the University of Asia and the Pacific.
Read more →Vena Energy gets P19 billion loan for Pangasinan solar farm
Singapore’s Vena Energy has secured $310 million (about P19 billion) in financing from eight foreign lenders to advance its large-scale solar project in Pangasinan.
Read more →Yuchengcos, Zobels tap Lopez company for geothermal power exploration
Maibarara Geothermal Inc. has tapped Lopez-led ThermaPrime Drilling Corp. to explore untapped geothermal resources across Batangas and Laguna.
Read more →21 OFWs from Kuwait back in PH
MANILA, Philippines — The Overseas Workers Welfare Administration (OWWA) said 21 overseas Filipino workers (OFWs) safely returned to the Philippines from Kuwait on Wednesday. The arrived at the Ninoy Aquino International Airport Terminal 1 through a Kuwait Airways Flight. The OWWA said in Filipino and English in a statement on Facebook that their repatriation stemmed from "various personal, medical, and employment-related concerns." It said it immediately welcomed and assisted them "to ens
Read more →BIC: First Half 2026 Results
Clichy, France - July 29, 2026 FIRST HALF 2026 RESULTS Positive net sales momentum with improving adjusted EBIT margin and Free Cash Flow 2026 outlook upgraded H1 2026 organic growth of +1.7%, net sales at €1,040m, with positive contribution from all categories and key regions. Q2 2026 organic growth of +1.8% with solid performance in Blade Excellence and Flame for Life divisions. Human Expression: H1 organic growth of +0.5%, driven by increased momentum in North America and improvement in the M
Read more →KLÉPIERRE: STRONG EXECUTION IN A DYNAMIC RETAIL MARKET DRIVES ORGANIC GROWTH
PRESS RELEASE STRONG EXECUTION IN A DYNAMIC RETAIL MARKET DRIVES ORGANIC GROWTH Full-year 2026 guidance raised: EBITDA1 to reach a minimum of €1,150 million and net current cash flow per share at the high end of a €2.77-€2.80 range NAV2 up 5.3% over 6 months to €37.80 per shareYear-to-date total accounting return3 stands at 10.6%EBITDA up 4.8%4 year-on-yearNet current cash flow up 3.0% year-on-year Paris - July 29, 2026 Trading momentum has remained strong during the first half of the year, exte
Read more →Soitec held its 2026 Annual General Meeting
Soitec held its 2026 Annual General Meeting Bernin (Grenoble), France - July 29, 2026 - Soitec (Euronext Paris) held its Annual General Meeting today, chaired by Frédéric Lissalde. During the Annual General Meeting, which convened a quorum of 51% of shareholders present, represented by proxy, or having voted by post or internet, all resolutions proposed by the Board of Directors were approved, with all receiving over 98% of votes in favor. Shareholders notably approved: the FY’26 Company's statu
Read more →First-Half 2026 results confirm commercial and operational resilience in a challenging market environment - Transformation progressing as planned, including the divestment of the Brindisi site
Press Release Paris, 29th July 2026 €356.5 million Net Sales, down 13.5% year-on-year as reported and -11.8% on a comparative basis1 As expected, including a negative €13 million impact from the planned discontinuation of APIs resulting from the optimization of the product portfolio. Core EBITDA at €20.7 million (5.8% margin) compared to €39.5 million in H1 2025 (9.6% margin) Lower Sales and General Expenses, reflecting improved cost efficiency, partly offset by lower manufacturing activity EBIT
Read more →Elis: H1 2026 results
Solid financial performance in H1 2026 Revenue up 4.9% with stable margins, despite a weaker global backdrop Confirmation of 2026 financial objectives Solid financial performance in H1 2026 Revenue of 2,457.1 million euros (+4.9% of which +3.2% organic)Adjusted EBITDA up 4.9% to 853.8 million eurosAdjusted EBITDA margin stable at 34.7% of revenueAdjusted EBIT up 4.6% to 370.0 million eurosAdjusted EBIT margin stable at 15.1% of revenueNet income up 7.3% to 163.6 million euros Headline net income
Read more →Societe Generale: shares and voting rights as of 27 July 2026
NUMBER OF SHARES COMPOSING CURRENT SHARE CAPITAL AND TOTAL NUMBER OF VOTING RIGHTS AS OF 27 JULY 2026 Regulated Information Paris, 29 July 2026 Information about the total number of voting rights and shares pursuant to Article L.233-8 II of the French Commercial Code and Article 223-16 of the AMF General Regulations. DateNumber of shares composing current share capitalTotal number of voting rights 27 July 2026 750,900,671 Gross: 834 887 878 Press contacts: Jean-Baptiste Froville_+33 1 58 98 68 0
Read more →Web3 Is A Joke Unveils "Roast of Crypto & AI,” a New Comedy Event Coming to Token2049 Singapore Week
The company opens a limited set of founding sponsorships now, ahead of its full lineup reveal, for what it is building into the marquee entertainment night of crypto’s biggest week in Asia NEW YORK, July 29, 2026 (GLOBE NEWSWIRE) -- Web3 Is A Joke today announced the Roast of Crypto & AI, a live comedy event in development for Token2049 Singapore week, the industry’s largest gathering in Asia, which returns to Marina Bay Sands on October 7 and 8, 2026. The show will be on October 7th and is desi
Read more →BUREAU VERITAS - 2026 Half-Year Financial Report
PRESS RELEASE Courbevoie - July 29, 2026 Bureau Veritas announces the publication of its half-year financial report for the six months ended 30 June 2026 Bureau Veritas announces the public release and the filing with the Autorité des marchés financiers of its half-year financial report for the six months ended 30 June 2026. The half-year financial report for the six months ended 30 June 2026 is available on the company's website at https://group.bureauveritas.com. ABOUT BUREAU VERITAS Bureau Ve
Read more →GL Communications Enhances TCP Testing on High-Speed Networks
GAITHERSBURG, Md., July 29, 2026 (GLOBE NEWSWIRE) -- GL Communications Inc. highlights ExpertTCP™, an application within its PacketExpert™ 100G Ethernet Test Platform, designed to validate true end-to-end TCP application performance using the RFC 6349 methodology across Gigabit and 10 Gbps Ethernet networks. Enterprise, cloud, telecom, and data center networks increasingly rely on TCP to deliver business-critical applications. Traditional network benchmarking methods such as RFC 2544 and ITU-T Y
Read more →Wander acquires team behind Maple, adding Shopify alumni to help build ‘The Shopify of travel’
Move brings veteran product and engineering leadership from Shopify's early scaling years to Wander's mission building the infrastructure layer for the travel space Wander Founder and CEO John Andrew Entwistle and Maple Co-Founder and CEO Michael Perry discuss Maple joining Wander.AUSTIN, Texas, July 29, 2026 (GLOBE NEWSWIRE) -- Wander, the company behind Wander.com, the curated travel marketplace and WanderOS, the direct booking platform for operators in the $4 trillion travel industry, today a
Read more →F6S Ranks Life Backup Plan 55th in Health and Wellness
National ranking accompanies recognition from Pepperdine, TiE, ASCEND LA and two healthcare publications Aliso Viejo, CA, July 29, 2026 (GLOBE NEWSWIRE) -- F6S ranks Life Backup Plan® 55th on its, "100 Top Health & Wellness Companies and Startups in United States in July 2026,” list. Life Backup Plan ranks #55 on F6S’s July 2026 list of the 100 Top Health & Wellness Companies and Startups in the United States. Screenshot courtesy of F6S. Life Backup Plan immediately follows #53 CVS Health and #5
Read more →Cygnus Metals Limited: Granting of ASX Waiver
TORONTO, July 29, 2026 (GLOBE NEWSWIRE) -- Cygnus Metals Limited (ASX:CY5; TSXV:CYG; OTCQB:CYGGF) refers to its announcement on 2 June 2026, regarding the proposed scheme of arrangement under Part 5.1 of the Corporations Act 2001 (Cth) ("Corporations Act”) pursuant to which Central Asia Metals PLC (AIM:CAML) ("CAML”) will acquire all of the issued shares in Cygnus ("Scheme”). In connection with the Scheme it is proposed that, subject to the Scheme becoming effective under section 411(10) of the
Read more →Sanford Heisler Sharp McKnight’s 21 Partners All Recognized in Lawdragon’s 2026 Guide
Only National Plaintiffs’ Employment/Civil Rights Firm With At Least 20 Partners Honored NEW YORK, July 29, 2026 (GLOBE NEWSWIRE) -- Sanford Heisler Sharp McKnight, one of the nation's leading public interest civil rights law firms, today announced that every partner in the firm has been named to the 2026 Lawdragon 500 Leading Civil Rights & Plaintiff Employment Lawyers guide, making Sanford Heisler the only civil rights and plaintiff employment law firm in the nation with at least 20 partners t
Read more →LUXEED Signs Partnership with Omeir Bin Youssef Group, Officially Enters the Middle East and Kicks Off Global Expansion
WUHU, China, July 29, 2026 (GLOBE NEWSWIRE) -- LUXEED and UAE-based enterprise Omeir Bin Youssef Group held an official distribution agreement signing ceremony on July 28. Zhu Yingjun, Executive Deputy General Manager of LUXEED International Business Division, and Abdulla Bin Omeir, Chief Executive Officer of Omeir Bin Youssef Group, signed the cooperation agreement, which represents LUXEED’s first overseas dealer partnership, constituting an important milestone in the brand’s global development
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