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Manila Times Business
Union Pacific and CN Announce Agreement to Improve North American Rail Connectivity
Agreement expands operating rights in Chicago and creates new Canada-Mexico service opportunities for customers MONTREAL, July 22, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) and Union Pacific (NYSE: UNP) today announced the signing of a binding Memorandum of Understanding that will strengthen rail service across North America, improving both railroads' ability to serve customers. The agreement provides Union Pacific with expanded operating rights over CN's Elgin, Joliet & Eastern Railway
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OpenTable Launches a Month of Unmissable Dining Experiences Across Melbourne
This year's line-up features a range of premium 'One Night Only' collaborations, and for the first time a collection of 'Off Menu' dining experiences at beloved venues for $100 per person or less71% year on year increase in Experiential dining in Melbourne 2026*SYDNEY, July 23, 2026 /PRNewswire/ -- In Melbourne, dining out is rarely just about what is on the plate. It is about the places people choose to gather, the menus that feel worth booking, and the kind of experiences that give a night out
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Upgraded Philippines still trails ASEAN peers in investor confidence
Philippines reached upper-middle-income status but it is still behind neighbors in competitiveness.
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NBI may charge Baste Duterte over 'ulo' remarks — Matibag
MANILA, Philippines — The National Bureau of Investigation (NBI) may file criminal charges for grave threat and inciting to sedition charges against Davao City Mayor Sebastian “Baste” Duterte over his remarks threatening to take the head of President Ferdinand Marcos Jr., Director Melvin Matibag said Wednesday. Matibag issued the statement in response to questions raised by Senator-judge Panfilo Lacson, who said the vice president and her mayor-brother have made similar threats
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Perseus Mining Appoints Additional Independent Non-Executive Director
Perth, Western Australia, July 23, 2026 (GLOBE NEWSWIRE) -- PERSEUS MINING APPOINTS ADDITIONAL INDEPENDENT NON-EXECUTIVE DIRECTOR Perth, Western Australia/ July 23, 2026/ Perseus Mining Limited (ASX/TSX: PRU) is pleased to advise that Mr Thomas (Tommy) McKeith has agreed to join the Board of Perseus in the role of non-executive, independent director and will take up this position with immediate effect. Tommy is an experienced mining executive, chairman, non-executive director and chair/member of
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York U awarded $2.5M to investigate, mitigate impact of increasing digital surveillance on refugees
Sean Rehaag York University Associate Professor Sean Rehaag of Osgoode Hall Law School, director of of the Refugee Law Laboratory and project lead for the project, Algorithmic Justice for Refugees Research Network Toronto, July 22, 2026 (GLOBE NEWSWIRE) -- In a climate where walls and detention centres are built, border enforcement agencies expanded and new border control technologies adopted, there is a risk of global displacement, already at a historic high, skyrocketing. Associate Professor S
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Mandela Digital Announces $5 Million Investment from Datavault AI
LARAMIE, Wyo., July 22, 2026 (GLOBE NEWSWIRE) -- Mandela Digital today announced a $5 million investment from Datavault AI and the launch of its official digital website at www.mandela.digital. Datavault AI Commits $5 Million and Technology Platform to Support Mandela Dollar Datavault AI Inc. has committed and begun deploying $5 million in funding to Mandela Digital. The investment will accelerate the development and launch of the Mandela Dollar (MUSD), a 1:1 USD-backed stablecoin designed to pr
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Digital Awesome becomes AIQ's premier mobile app partner for cannabis retailers
Expanded partnership introduces deeper integrations across loyalty, customer data, ecommerce, and mobile engagement AIQ x Digital Awesome Partnership Announcement Image Co-branded announcement image marking Digital Awesome as AIQ's premier mobile app partner. DETROIT, July 22, 2026 (GLOBE NEWSWIRE) -- Alpine IQ (AIQ), a leading data and marketing platform for cannabis retailers and brands, today announced an expanded partnership with Digital Awesome that positions Digital Awesome's customizable
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Peso sinks to match record low P61.75
THE PESO weakened on Wednesday to match its all-time low against the US dollar as a re-escalation in the Middle East conflict heightened concerns over inflation risks. The Philippine peso closed at P61.75 against the US dollar on Wednesday, inching down by half a centavo from P61.745 on Tuesday, based on data on the Bankers […]
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Twin inflation shocks, growth woes test BSP’s policy credibility
THE BANGKO SENTRAL ng Pilipinas (BSP) might remain cautious as a growth slowdown amid mounting inflation risks from a volatility-driven peso depreciation and record-high wage hike tests its credibility, GlobalSource Partners said. In a report dated July 20, GlobalSource Partners Principal Advisor Diwa C. Guinigundo noted that the Philippines will face twin inflation shocks from […]
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ERC eyes lower price cap for power reserves
THE ENERGY Regulatory Commission (ERC) is eyeing to lower the price ceiling for power reserves traded in the spot market to P9 per kilowatt-hour (kWh), offering much-needed relief for consumers.
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Business groups urge government to help firms absorb wage hike
BUSINESS GROUPS are urging the government to prioritize measures that boost productivity and strengthen investor confidence to help firms absorb the higher labor costs from the increase in the daily minimum wage in Metro Manila.
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GSIS becomes major Megawide investor with 9.5% stake
THE Government Service Insurance System (GSIS) has increased its stake in Megawide Construction Corp. to 9.5% after acquiring 111.94 million common shares through a series of block transactions, making the state pension fund one of the listed engineering and construction company’s major local institutional investors. The acquisition increased GSIS’ holdings to 191.71 million common shares, […]
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Bringing culinary heritage to the city, one talk at a time
THE Filipino table in the city is often bereft of the treasures from the regions. But a new project by Center for Culinary Arts Manila (CCA Manila) Chief Executive Officer Badjie Trinidad and renowned chef and writer Reggie Aspiras might just change all that. Last April, they launched Philippine Heritage Kitchen (PHK), a program aimed […]
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PAL signs Rolls-Royce engine deal for expanded A350 fleet
PHILIPPINE AIRLINES (PAL) has signed a memorandum of understanding with aircraft engine maker Rolls-Royce for Trent XWB-97 engines to power nine additional Airbus A350-1000 aircraft as the flag carrier advances its long-haul fleet expansion. In a disclosure on Wednesday, PAL Holdings, Inc. said the agreement covers 18 Trent XWB-97 engines for the nine aircraft, as […]
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From the land, to the people, then to the spirits
DUE to its distance from the capital (it takes half a day to travel from Manila to the mountains of Sagada), how the people of the Cordillera Administrative Region live can be a mystery to some of us in the city. A talk at the event “The Forest Table of Sagada by Philippine Heritage Kitchen […]
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Arthaland moves ahead with planned P3-B share offer
ARTHALAND Corp. has secured another regulatory approval for its planned preferred share offering of up to P3 billion, with proceeds earmarked to refinance maturing obligations and support ongoing project development. In a disclosure on Wednesday, the company said it received a Certificate of Filing of Enabling Resolution from the Securities and Exchange Commission (SEC), dated […]
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TDF yield inches up on war woes
THE AVERAGE YIELD on the Bangko Sentral ng Pilipinas’ (BSP) term deposits edged up for a fifth straight week as soaring oil prices amid renewed tensions in the Middle East raised fresh inflation concerns. Demand for the BSP’s term deposit facility (TDF) reached P171.444 billion on Wednesday, exceeding the P130-billion offer of seven-day papers and […]
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Meralco studies Albay expansion after South Cotabato setback
MANILA Electric Co. (Meralco) is exploring a potential partnership with Albay Electric Cooperative, Inc. (Aleco) after local officials sought the company’s assistance in improving electricity distribution services in the province. Arnel P. Casanova, Meralco senior vice-president and head of strategic distribution utility partnerships, told reporters last week that local leaders in Albay had asked the […]
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IFC, Asialink explore ways to boost financing for affordable housing
THE INTERNATIONAL Finance Corp. (IFC) is working with Asialink Finance Corp. to assess the feasibility of establishing a specialized affordable housing finance company in the Philippines. In a project disclosure dated July 20 and updated on July 21, IFC said the partnership would involve market research, institutional capacity building, peer-learning activities, and strategic planning. The […]
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Where it counts
You couldn’t miss her — a stooped old woman in soiled duster pushing a cart with her meagre belongings, accompanied by a cat and three dogs. I spotted her early that morning a day after the World Bank announced that the Philippines and Vietnam moved up to upper-middle income tier as our gross national product […]
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SEC online lending overhaul hinges on enforcement — analysts
THE Securities and Exchange Commission (SEC) is set to lift its moratorium on new online lending platforms (OLPs) on Aug. 1 under a new regulatory framework that analysts said should strengthen consumer protection, improve industry standards, and promote responsible lending, provided the rules are consistently enforced.
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Samsung’s latest foldables include all-new Fold8
SAMSUNG ELECTRONICS Co., Ltd. on Wednesday launched its latest lineup of Galaxy Z foldables, namely the Fold8 Ultra, the Flip8, and the Fold8, which introduces a new form factor to the series. The new phones are now available for pre-order in the Philippines. Pre-order offers include discounts for additional storage, trade-ins, and installment options with […]
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