Philippines Business News

WATCH: No more InstaPay transfer fees? Here’s what changed.

Nearly every bank has dropped their InstaPay fees from as high as P15 to zero

Core Axis Introduces Science-Driven Supplement Protocol Developed Specifically for Hashimoto's Thyroiditis

Cheyenne, Wyoming, July 23, 2026 (GLOBE NEWSWIRE) -- Core Axis, a health brand founded by MC Bio-Logic LLC, announces the upcoming launch of its daily supplement protocol developed with Hashimoto's thyroiditis in mind. Hashimoto's thyroiditis is the autoimmune condition that affects an estimated five million Americans and remains the leading cause of hypothyroidism in the United States. Designed using evidence-based ingredient selection and clinically relevant dosages, the new protocol addresses

University of the Fraser Valley achieves Gold STARS sustainability rating

UFV advances from Silver to Gold in recognition of progress across teaching, research, operations, governance, and community engagement. March for Sustainability Event - 2026 Students, employees, and community members take part in UFV’s March for Sustainability, an annual event focused on sustainable practices, learning, and engagement. March for Sustainability Pollinator Garden 2026 Participants plant native and pollinator-friendly species in a campus garden as part of UFV’s sustainability and

Pennsylvania Commercial Insurance Provider Stephany Insurance Earns Erie Insurance Commercial Lines District Sales Award for Second Consecutive Year

Back-to-back recognition reflects the agency’s commitment to helping local businesses protect what they’ve worked so hard to build. Stephany Insurance LLC provides personalized insurance solutions for individuals, families, and businesses across Pennsylvania. Subscribe for practical insurance tips and coverage insights. Learn more at https://www.stephanyinsurancellc.comWexford, PENNSYLVANIA, July 23, 2026 (GLOBE NEWSWIRE) -- For the second consecutive year, Stephany Insurance has earned Erie Ins

Tokio Marine HCC Appoints Megann Pfeffer to Lead Public Risk Offering

HOUSTON, July 23, 2026 (GLOBE NEWSWIRE) -- Tokio Marine HCC (TMHCC), based in Houston, Texas, today announced that Megann Pfeffer has been appointed President of Tokio Marine HCC - Public Risk Group, effective immediately, reporting to Matt Overlan, Chief Executive Officer of Tokio Marine HCC - Specialty Group. Since joining TMHCC as Chief Operating Officer of the Public Risk Group in 2022, Pfeffer has been responsible for the group's operational performance and profitability, working across und

OneConstruction Group Limited Announces Annual Financial Results for the Fiscal Year Ended March 31, 2026

OneConstruction Group Limited (NASDAQ: ONEG) NEW YORK, July 24, 2026 /PRNewswire/ -- OneConstruction Group Limited ("OneConstruction Group" or "ONEG"), a Cayman Islands exempted company with limited liability, today announced its audited financial results for the fiscal year ended March 31, 2026. ONEG operates as a structural steelwork contractor for construction projects in both the public and private sectors in Hong Kong through its operating subsidiary, OneConstruction Engineering Projects Li

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2027 First Quarter Earnings Release and Conference Call Webcast

Phoenix, July 23, 2026 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the first quarter ended June 27, 2026 on Thursday, July 30, 2026 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, July 31, 2026 at 1:00 p.m. Eastern Time. Date: July 31, 2026 Time: 1:00 p.m. ET Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive th

ATN International to Host Second Quarter 2026 Financial Results Conference Call on August 6, 2026

BEVERLY, Mass., July 23, 2026 (GLOBE NEWSWIRE) -- ATN International, Inc. ("ATN” or the "Company”) (Nasdaq: ATNI), a provider of digital infrastructure and communications services, announced today that it will release its second quarter 2026 financial results on Wednesday, August 5, 2026, after market close. The Company will host a conference call to discuss the results starting at 11:00 a.m. Eastern time on Thursday, August 6, 2026. Key details regarding the call are as follows: Call Date: Thur

Market Technology Acquisition Corp Announces the Pricing of $200 Million Initial Public Offering

New York, New York, July 23, 2026 (GLOBE NEWSWIRE) -- Market Technology Acquisition Corp (the "Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company today announced the pricing of its initial public offering of 20,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant will entitle the holder thereof to purchase one Class A ordin

Zoomcar Announces Extension of Offer to Exchange Outstanding Warrants for Common Stock

Bengaluru, India, July 23, 2026 (GLOBE NEWSWIRE) -- Zoomcar Holdings, Inc. (OTCQB: ZCAR) (the "Company”), the leading peer-to-peer self-drive car-sharing marketplace in India, today announced that it is extending the expiration date of its previously announced offer to exchange (the "Offer to Exchange”) certain outstanding warrants for shares of the Company’s common stock. The Offer to Exchange, which was previously scheduled to expire at 5:00 p.m., Eastern Time, on July 24, 2026, has been exten

Greystone Provides $92 Million in Fannie Mae Financing Across Three Affordable Housing Communities in New York

NEW YORK, July 23, 2026 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a total of $91,851,000 in Fannie Mae loans to refinance and acquire three affordable housing communities located in New York. The financing was originated by Eric Rosenstock, Senior Managing Director, and Jeff Englund, Executive Vice President, on behalf of Metropolitan Realty Group. The financing includes three affordable multifamily communities that will each undergo m

Archrock Increases Quarterly Cash Dividend

HOUSTON, July 23, 2026 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) ("Archrock” or the "Company”) today announced that its Board of Directors has declared an increased quarterly dividend of $0.23 per share of common stock, or $0.92 per share on an annualized basis. The second quarter 2026 dividend will be paid on August 11, 2026, to all stockholders of record on August 4, 2026. The second quarter 2026 dividend per share amount represents an increase of approximately 5 percent over the Archroc

Iran rejects U.S.-backed ceasefire proposal, New York Times reports

NG budget deficit widens in June

THE NATIONAL GOVERNMENT’S (NG) budget deficit widened by 9.39% in June as spending outpaced revenue growth, although the first-half fiscal gap remained broadly in line with the government’s program, Bureau of the Treasury (BTr) data showed.

Small businesses brace for wage hike in NCR

FILIPINO entrepreneur Wilson Lee Flores has kept Kamuning Bakery Café’s pandesal affordable through inflation spikes, supply disruptions and surging electricity bills.

Philippine car sales slump as demand remains weak

PHILIPPINE VEHICLE SALES dropped by 8% in June, dragging first semester sales 11.4% lower as weak demand continued to weigh on the market, industry data showed.

Ocean economy’s share in GDP slips to 4-year low

OCEAN-BASED INDUSTRIES’ contribution to the Philippine economy dropped to a four-year low in 2025, weighed down by a decline in fishery production amid softer global trade, weather disruptions and higher operating costs, analysts said.

MariBank PH secures digital banking license

MARIBANK has secured a digital banking license from the Bangko Sentral ng Pilipinas (BSP), becoming the seventh in the country to receive the authorization. Prior to obtaining the license, MariBank operated under a rural bank license while offering banking services almost entirely through digital channels. The BSP earlier raised the cap on digital banks to 10 from six, opening four additional licenses. The application process officially began in January last year. The six other digital banks cur

Car firms upbeat as sales rise

AUTOMOTIVE sales rose to a year high in June but remained lower compared to 2025 results, industry data showed on Wednesday. The Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) and the Truck Manufacturers Association (TMA) reported combined sales of 37,231 units, up 11.0 percent from May. It was, however, 8.0 percent lower compared to the 40,483 posted a year earlier. “Combined with industry estimates, the total auto market moved around 42,000 new vehicles ... reflectin

China Coast Guard fires water cannon at Philippine vessel in Bajo de Masinloc

A CHINA Coast Guard vessel blasted a Philippine government ship with a water cannon for more than two minutes while it was conducting a fuel and food mission for Filipino fishermen near Bajo de Masinloc, Philippine authorities said on Thursday. Officials said the Chinese vessel maneuvered dangerously close to BRP Datu Dumangsil before directing a sustained water cannon attack against the vessel, which was carrying out what the Philippines described as a lawful mission to deliver assistance to lo

Govt to act versus goods made using forced labor

THE government has moved to avert higher US tariffs, formalizing an interagency order covering the investigation and prohibition of the importation of goods produced through forced labor. A joint administrative order signed on Thursday by the Trade, Labor and and Finance departments aims to strengthen inter-agency coordination in receiving and evaluating information, conducting investigations and recommending appropriate action in accordance with applicable laws and regulations. "This is about p

P22.79B in govt savings to fund crisis relief programs

THE government has generated P22.79 billion in savings, of which a huge chunk will be allocated for priority relief programs for sectors affected by the Middle East conflict and the effects of Super El Niño, Malacañang said. In a press briefing, Palace Communications Office Undersecretary Claire Castro said P12.37 billion will be allocated to the Department of Social Welfare and Development (DSWD) for the Uplift (Unified Package for Livelihoods, Industry, Food and Transport) progra

‘The country is tired of politics’, says MAP

THE Management Association of the Philippines (MAP) on Thursday urged President Ferdinand Marcos Jr. to prioritize the economy over politics when he makes his annual State of the Nation Address (SONA) on Monday. “We... hope that this year’s SONA marks a pivot from politics to economic execution,” MAP President Donald Lim said in a statement that also expressed support for identified priorities such as the Anti-Political Dynasty Bill, Party-List System Reform Act, Citizen Access

​20,000 police deployed for security at SONA

MORE than 20,000 police officers have been deployed across Metro Manila as the government stepped up security ahead of President Ferdinand Marcos Jr.’s fifth State of the Nation Address (SONA) on Monday, July 27. Local Government Secretary Jonvic Remulla said authorities have finalized security measures and are prepared to respond to any contingency during the president’s address. “We have 20,000 police now deployed, and we are ready for any contingencies,” Remulla said i