Philippines Business News

Spain declares national emergency in Madrid region over forest fires

MADRID — Spain late Thursday declared a national emergency in the Madrid region and in the province of Avila, near the capital, in the wake of several wildfires burning out of control. The measure, announced by the interior ministry, aims to speed up the deployment of resources to fight the fires, which in the Madrid region have forced the evacuation of 10,000 people, and places the response to the crisis in the hands of a military emergency unit. In total, more than 10,000 people have bee

Pax Silica investors may lease New Clark land for 99 years – BCDA

The government's big pitch for potential Pax Silica investors: 99 years, billions in investment.

US hits Philippine exports with 12.5% tariff

The United States has slapped a fresh 12.5% tariff on Philippine exports after concluding that Manila has yet to ban goods made with forced labor from entering its market.

PEZA investment approvals plunge 40% in July

By Beatriz Marie D. Cruz, Senior Reporter INVESTMENT APPROVALS by the Philippine Economic Zone Authority (PEZA) slumped by 40% to P11.21 billion in July, it said on Friday. In a statement, PEZA said its approved 17 new and expansion projects equivalent to P11.21 billion, a 39.71% drop from the P18.6 billlion approved in the same […]

Bank of Japan set to hold rates at 1% as inflation expectations rise - Nikkei

Jak Roberto introduces Fuel Off-Road’s newest wheel innovation

Fuel Off-Road has officially named actor and automotive enthusiast Jak Roberto as its newest brand endorser, pairing the partnership with the launch of new wheel designs HC906 Halo and FC907 Heist. Known for his passion for cars and vehicle customization, Jak Roberto embodies the adventurous and performance-driven lifestyle that Fuel Off-Road represents. The partnership reflects […]

DBP taps PHIVOLCS hazard platform to strengthen risk management

State-owned Development Bank of the Philippines (DBP) has partnered with the Philippine Institute of Volcanology and Seismology (PHIVOLCS) to integrate geohazard information into the bank’s risk management and lending operations. Under the agreement, DBP will gain access to GeoRiskPH, PHIVOLCS’ science-based hazard information platform, to support evidence-based credit evaluations and data-driven business decisions. “We view […]

Agora powers AI smart cane for elderly care

Real-time engagement platform Agora is powering an artificial intelligence (AI)-enabled smart cane developed by Lgenie, allowing older adults to interact with the device through low-latency voice conversations designed for outdoor and everyday use. The collaboration highlights a broader shift in AI adoption, with developers increasingly embedding conversational AI into physical devices used in healthcare, smart […]

La Likha turns Filipino textiles into sustainable furniture

Traditional Filipino textiles are finding a place beyond fashion as architecture and furniture studio La Likha incorporates locally woven fabrics and Philippine-made nonwoven materials into contemporary furniture, demonstrating how local craftsmanship can support sustainable design. The furniture brand La Likha was established in March as the furniture design arm of Licup Architects, with the goal […]

Wall Street sees only two paths for Trump in the Middle East

100,000+ users and growing: SkyroCredit expands access to everyday spending across the Philippines

More than 100,000 Filipinos already use SkyroCredit for purchases ranging from fast food and groceries to medicines and gas.

Middle East hostilities in focus; new U.S. tariffs - what’s moving markets

78% of Filipino workers use AI, but worry about weaker thinking

There are AI tradeoffs that Filipino workers are starting to feel.

[ANALYSIS] What’s driving the current Philippine stock market rally?

Curiously, foreign investors appear to have been favoring International Container Terminal Services Inc. and Century Pacific Food Inc.

Higher Images Marks More Than 25 Years of Helping Businesses Grow Through Marketing, Technology and Innovation

Award-winning, full-service agency continues its evolution by combining decades of experience with modern strategies for digital visibility, lead generation, brand development and AI-powered search Linda Jo Thornberg Celebrates Higher Images’ 25+ Years of Digital Marketing Innovation This promotional image features Linda Jo Thornberg, President of Higher Images, as the award-winning, full-service digital marketing and advertising agency celebrates more than 25 years in business. Founded in 2000

DJI Dock Powers Australia's Broad Area BVLOS Rollout Across Mining and Agriculture

SHENZHEN, China, July 24, 2026 /PRNewswire/ -- Australia's approach to Beyond Visual Line of Sight (BVLOS) drone operations has entered a new phase. Since the Civil Aviation Safety Authority (CASA) introduced its TMI 2025-03 policy, qualified Remote Operator Certificate (ReOC) holders have been able to self-assess and secure broad area BVLOS approvals - cutting what was once a months-long approval process down to days or weeks. DJI Dock, with its automated, remote-operated capability, has become

ARBOR Launches COMX-C710 AI Module Powered by AMD Ryzen™ AI Embedded X100 Processors for Robotics and Physical AI Applications

SAN FRANCISCO, July 24, 2026 /PRNewswire/ -- ARBOR Technology Corp. has launched its next-generation COM-HPC module, COMX-C710, powered by the new AMD Ryzen™ AI Embedded X100 Series processors. Targeting robotics, medical, and industrial automation, the module will debut at AMD Advancing AI 2026 in San Francisco on July 23. ARBOR Launches COMX-C710 AI Module Powered by AMD Ryzen™ AI Embedded X100 Processors for Robotics and Physical AI Applications "AMD Ryzen AI Embedded processors bring togethe

Higher Images Nominated for 2026 Pittsburgh Business Times Best Places to Work

Carnegie-based digital marketing and advertising agency receives another workplace honor after earning first place in its category for three consecutive years Higher Images Team Earns Pittsburgh Business Times Best Places to Work 2026 Nomination The Higher Images team is pictured at the 2025 Pittsburgh Business Times Best Places to Work celebration in Pittsburgh, Pennsylvania. Higher Images earned first place in its category for the third consecutive year and has since been nominated for the 202

NVIDIA and KAIST Launch Joint AI Research Lab to Accelerate AI Innovation in Korea

Collaboration Will Provide World-Class AI Infrastructure, Research Funding, Internships and Joint Appointments to Advance Agentic AI Model Development for Korea KAIST and NVIDIA Logos NVIDIA and the Korea Advanced Institute of Science and Technology (KAIST) today announced the launch of a joint AI research laboratory at the KAIST Kim Jaechul Graduate School of AI in Seoul, dedicated to advancing agentic AI for South Korea. News Summary:NVIDIA and KAIST are launching a joint AI research lab at th

Fluent Announces Receipt of Exemptive Relief Relating to Annual General and Special Meeting; Extension of Proxy Deposit Deadline

TORONTO, July 23, 2026 (GLOBE NEWSWIRE) -- FLUENT Corp. (CSE: FNT.U) (OTCQB: CNTMF) ("FLUENT” or the "Company”), a vertically-integrated, multi-state cannabis company, announces that, further to its news releases dated April 30, 2026 and July 17, 2026 relating to the proposed acquisition of the Company by Vireo Growth Inc. ("Vireo”) by way of a plan of arrangement (the "Arrangement”), the Company has received a discretionary exemption from the Ontario Securities Commission (the "OSC”) from a cer

Pelican Acquisition II Corporation Announces Pricing of $75,000,000 Initial Public Offering

NEW YORK, July 23, 2026 (GLOBE NEWSWIRE) -- Pelican Acquisition II Corporation (NASDAQ: PLCIU) (the "Company”), a Cayman Islands exempted company, announced that it priced its initial public offering of 7,500,000 units at $10.00 per unit on July 23, 2026. The units will be listed on the Nasdaq Capital Market ("NASDAQ”) and are expected to trade under the ticker symbol "PLCIU” beginning on July 24, 2026. Each unit consists of one ordinary share of the Company and one right, with each right entitl

Alta Business Loans Introduces Secure Online Application for Eight Nationwide Business Financing Paths

Established U.S. businesses can explore working capital, equipment financing, factoring, purchase order financing, commercial real estate financing and more through one secure online application. Atlanta, GA, July 23, 2026 (GLOBE NEWSWIRE) -- Alta Business Loans, a nationwide commercial finance brokerage serving established U.S. businesses, announced today the introduction of a secure online application that allows eligible, revenue-generating companies to explore eight commercial financing opti

SB Finance, CCA partner to make culinary education more accessible through Education Assistance Program

Through the Education Assistance Program, aspiring culinary and hospitality professionals now have one less barrier standing between passion and profession.

Students ask Supreme Court to stop tree-cutting for Manila SALEX project

Petitioners question a Public-Private Partnership Code provision used by the Regional Trial Court.