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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

DICT awards P348-M cloud deal

THE Department of Information and Communications Technology (DICT) has awarded a P348.5-million contract to software developer Novare Technologies, Inc. for cloud hosting services supporting the government’s eGovernment digital platforms. The project covers the establishment of secure enterprise-grade cloud infrastructure through Amazon Web Services to support the DICT’s centralized digital platforms. Separately, the agency issued a […]

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Investing.com PH

Fed’s Warsh says no forward guidance may have driven rise in Treasury yields

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Rappler Business

Government earns P205 million from sale of 2024 smuggled ultraluxury Bugatti Chirons

A 2024 Rappler investigation found that the two cars had been imported and registered using questionable documents that severely undervalued the vehicles and exposed gaps in the Land Transportation Office's systems

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Investing.com PH

Bank of Canada governors split on recovery outlook, minutes show

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PhilStar Business

ASEAN digital economy must be inclusive, business leaders say

ASEAN Business Advisory Council Philippines Chair Jose Ma. Concepcion III called for a more inclusive and borderless ASEAN digital economy.

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BusinessWorld Banking

Manulife sees shift toward guaranteed-return, health products amid Middle East war

Manufacturers Life Insurance Co. (Phil’s.), Inc. (Manulife Philippines) said that local demand for financial products remains steady, with an increasing preference for guaranteed-return products, health products, and globally diversified investments as the Middle East war and market volatility reshape investment preferences. “I think the demand has always been there. It’s just shifting because of the […]

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PhilStar Business

Palace tells power firms to curb theft amid Marcos' bid to lower bills

Responds to pushback from utility companies, Malacañang says cut losses before passing on costs to consumers.

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Manila Times Business

Ortega highlights unity in La Union's path to progress

SAN FERNANDO CITY, LA UNION - Gov. Mario Eduardo Ortega underscored the importance of unity and collective effort in sustaining La Union's development as he delivered his 2026 State of the Province Address, anchored on the theme “La Union, Agkaysa (unity)” on Tuesday. At the outset of his address, Ortega acknowledged the State of the Nation Address delivered by President Ferdinand Marcos Jr. on Monday, noting the national government's significant contributions to La Union's developme

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Manila Times Business

West China's Scenic Spot Wulong Rolls Out Lifetime Travel Pass

CHONGQING, China, July 29, 2026 (GLOBE NEWSWIRE) -- The Wulong District 2026 Cultural Tourism and Residential Tourism Development Conference kicked off Tuesday in west China's Chongqing Municipality. At the event themed "Vibrant Wulong, Joyful Living," Wulong District of Chongqing officially launched the Lifetime Travel Pass, granting holders unlimited lifelong access to all core scenic spots. Dubbed a lifetime invitation to global travelers, the pass stands out as the highlight of the conferenc

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Manila Times Business

Toku Delivers 13% Revenue Growth in 1H2026, Backed by Strengthened Balance Sheet and Commercial Execution

Second half guided stronger: continued organic revenue growth momentum, with operating expenses below the first-half level Revenue increased 13.0% year-on-year to US$18.8 million, more than double the 4.7% pace of 1H2025, with Subscriptions and Licensing back to double-digit growth of 10.4% against 0.6% for the whole of FY2025Loss reflects planned, front-loaded investment: the 1H2026 cost base substantially completes the build-out communicated at the FY2025 results; reported operating expenses a

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Manila Times Business

Ping An Ranks 48th on 2026 Fortune Global 500 List, Marking 17th Consecutive Year on List

HONG KONG and SHANGHAI, July 29, 2026 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An", the "Company" or the "Group"; HKEX: 2318; SSE: 601318) ranked No. 48 on the 2026 Fortune Global 500 list, released on July 28. The list ranks the world's largest corporations by revenue for the 2025 fiscal year. With operating revenue of USD 158.65 billion, the Company ranked 10th among global financial enterprises and has been included on the Fortune Global 500 list for 17 consecut

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Manila Times Business

JustMarkets Analyzes the Core Drivers Behind 2026 Gold Price Movements

HO CHI MINH CITY, Vietnam, July 29, 2026 /PRNewswire/ -- Global financial broker JustMarkets today released a report analyzing the gold (XAU/USD) market. The report identifies key macroeconomic drivers behind the current price correction and equips investors to respond to market shifts. After hitting a record high above $5,595/oz in late January 2026, gold entered a volatile correction, falling to a multi-month low near $4,024/oz in mid-June. Despite traditional geopolitical support, gold contin

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Manila Times Business

BTS declines to submit music for 2027 Grammy Awards

MANILA, Philippines — K-pop supergroup BTS announced Wednesday that they will not submit its music for consideration at the 69th Annual Grammy Awards. The seven-member group — RM, Jin, Suga, J-Hope, Jimin, V and Jung Kook — shared the announcement through their individual Instagram Stories, saying that they had collectively decided to skip the 2027 Grammy Awards submission process. "We have decided not to submit to the Grammys this year. We hope music can be heard and embraced

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Manila Times Business

HTX's First TradFi "Trade to Earn" Campaign Unleashes New Trading Momentum: Rewards Exceed $23,000, Fee Savings Reach 1.8 Billion $HTX

APIA, Samoa, July 29, 2026 (GLOBE NEWSWIRE) -- Recently, HTX's first-ever TradFi "Trade to Earn” campaign concluded successfully. The campaign leveraged innovative gameplay - "24/7 mining" and "up to 110% fee rebates" - to ignite significant trading enthusiasm for traditional finance assets within the crypto market. HTX's official data reveals impressive results: the campaign generated a total trading volume of 63.37 million USDT, crowned a top winner claiming 5,206 USDT in rewards, and collecti

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Manila Times Business

Dinto Solar's HJT Modules Gain India BIS CRS Registration Amid Rising Demand for Higher-Value Solar Solutions

LONGGANG, China, July 29, 2026 /PRNewswire/ -- Dinto Solar, a company specializing in heterojunction (HJT) photovoltaic technology and solutions, has completed Bureau of Indian Standards (BIS) Compulsory Registration Scheme (CRS) registration for its solar modules, strengthening its readiness to support India's accelerating renewable energy development with high-performance photovoltaic technologies. Dinto Solar’s HJT Modules Gain India BIS CRS Registration As India's solar market enters a phase

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Manila Times Business

RiceField Launches August Campaign as Singapore Prepares to Grade Cooking Oils by Saturated Fat

The Singapore brand is encouraging households to look beyond price and habit when choosing cooking oil, as saturated fat accounts for 36% of residents’ total fat intake. SINGAPORE - Media OutReach Newswire - 29 July 2026 - RiceField Rice Bran Oil is launching a month-long consumer campaign to encourage Singapore households to take a closer look at the nutritional composition and everyday versatility of their cooking oil. The campaign comes ahead of Singapore's extension of Nutri-Grade requiremen

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Manila Times Business

InMobi Advertising Unveils AI-Powered Cross-Screen and Full-Funnel Solutions to Help Chinese Brands Grow Across Domestic and Global Markets

InMobi’s unified intelligence engine delivers 2x revenue growth and a 40% improvement in ROAS, while the expanded InMobi Accelerate and Alliance network unlocks broader advertising reach SHANGHAI, CHINA - Media OutReach Newswire - 29 July 2026 - InMobi Advertising, the agentic advertising platform from global technology company InMobi, today announced a major expansion of its China business, introducing new AI-powered cross-screen and full-funnel advertising capabilities to help Chinese brands a

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Manila Times Business

Duterte clueless: Fox Sili – Fox Silic?

MANILA, Philippines — Vice President Sara Duterte appeared at a loss when asked about her comment on the controversial Pax Silica initiative that President Ferdinand Marcos Jr. mentioned in his State of the Nation Address (SONA) on Monday. Duterte did not attend Marcos’ SONA, calling it a “waste of time.” Mobbed by the media at The Hague, Netherlands where she visited her father, the former president Rodrigo Duterte, at the International Criminal Court (ICC) detention cen

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Manila Times Business

Alpen Enters Partner Integration Phase with Testnet III

NEW YORK, July 29, 2026 (GLOBE NEWSWIRE) -- Alpen Testnet III has launched on Bitcoin Signet, marking the beginning of Alpen's partner integration phase ahead of mainnet. More than 21 launch partners across infrastructure, applications, and distribution are preparing to integrate on Testnet III ahead of Alpen mainnet. The launch moves Alpen from core infrastructure development into shared ecosystem preparation, giving partners a persistent public environment to run under mainnet-like constraints

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Manila Times Business

Warner Bros. Discovery Global Consumer Products Celebrates 25 Years of Harry Potter Movies with Brand Licensing Europe Keynote

Visitors can register before 5 October for a free pass to BLE, taking place 6-8 October 2026 at Excel London LONDON, July 29, 2026 (GLOBE NEWSWIRE) -- Twenty-five years after "Harry Potter and the Philosopher's Stone” first captivated audiences in cinemas worldwide, Warner Bros. Discovery Global Consumer Products will reveal the strategic playbook behind one of the most valuable entertainment properties ever in an exclusive keynote conversation at this year’s Brand Licensing Europe (BLE). Robert

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Manila Times Business

Alira Health Establishes Annabel de Maria Memorial Scholarship to Inspire the Next Generation of Healthcare Leaders

Annual scholarship continues the vision of Alira Health's late Chief Patient Officer by supporting future leaders committed to improving healthcare and patient outcomes BARCELONA, Spain, July 29, 2026 (GLOBE NEWSWIRE) -- Alira Health today announced the Annabel de Maria Memorial Scholarship Program, an annual initiative created to continue the legacy of Annabel de Maria, who served as the company's Chief Patient Officer. Each year, the program will provide a scholarship to one outstanding studen

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Manila Times Business

IQM Quantum Computers Plc’s new shares subscribed for under ESOP 1 have been registered with the Finnish Trade Register

IQM Quantum Computers Plc, Stock Exchange Release, Total number of voting rights and shares, 29 July, 2026 at 10:00 EEST/EET. A total of 183,619 new shares have been subscribed for under IQM Quantum Computers Plc’s ("IQM” or the "Company”) ESOP 1 employee stock option plan during the period from 10 to 14 July 2026. The aggregate subscription price of EUR 74,393.80 has been entered into the Company’s reserve for invested unrestricted equity in its entirety. The Company completed the business comb

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Manila Times Business

Publication of eQ Plc’s 2026 half year financial report and invitation to result presentation

eQ Plc Investor news 29 July 2026, at 10:00 a.m. eQ Plc will publish its January-June 2026 half year financial report on Tuesday 4 August 2026 at around 8:00 a.m. eQ’s CEO Jouko Pölönen and CFO Antti Lyytikäinen will present the financial result to press, investors and analysts in a press conference to be held on 4 August 2026 at 11:00 a.m. The press conference will be held at eQ's head office in Helsinki, address Aleksanterinkatu 19, 5th floor, 00100 Helsinki and it is also possible to particip

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Manila Times Business

ParcelDaily Powers MSME Growth with RM250M+ in COD Remittances, Bridging Malaysia’s Digital Divide

KUALA LUMPUR, Malaysia, July 29, 2026 (GLOBE NEWSWIRE) -- ParcelDaily, a leading courier delivery service platform, today announced the expansion of its Cash-on-Delivery (COD) solutions, successfully unlocking new revenue streams for micro, small, and medium enterprises (MSMEs) targeting cash-preferred and underserved consumer segments across Malaysia. To date, ParcelDaily has processed and remitted more than RM250 million in COD payments to local merchants, underscoring the ongoing demand for o

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