Philippines Business News

Telco tower permits now take 16 days instead of 241, gov’t says

Government says reforms have accelerated telecom tower construction by streamlining permits and strengthening coordination with local governments

Opening new frontiers for MSMEs through digital finance solutions

Micro, small, and medium enterprises (MSMEs) account for 99.5% of businesses in the Philippines. Yet, a large majority still rely on cash transactions and informal financing, limiting business expansion and leaving them vulnerable during economic disruptions. During the BusinessWorld Economic Forum 2026, themed “Advancing the ASEAN Agenda: Turning Regional Vision to Corporate Action,” business executives […]

[In This Economy] Economic impacts of the ‘historic’ P85 wage hike

Three things seem more important than rearguing the P85 wage hike for Metro Manila

Analysts say UK inflation dip buys BoE time before energy-led rebound

Cebu Pacific, Vietnam Airlines sign wet lease deal

The agreement covers the deployment of one Airbus A320neo aircraft powered by Pratt & Whitney engines.

78% of Filipino workers use AI at work but few receive training — study

Filipino workers use AI at work but lack role-specific training.

Telco backs stance on regulating instead of banning social media for children

As legislators and various groups continue discussions on calls to prohibit children below 16 years old from accessing social media, one of the country’s major telecommunications firms reaffirmed its firm advocacy for a balanced approach to online child safety.

Cavite’s last traditional salt makers hold onto dying industry

Without adequate support from government for sophisticated machinery, salt makers are unable to keep up with the industry demand

No suspension of Metro Manila minimum wage hike, says Palace

The first P60 tranche is set to take effect on July 25.

Alphabet highlights upcoming tech earnings; oil climbs - what’s moving markets

MAGFAST Reopens "Christmas in July” by Popular Demand - and Teases a Live Reveal With Three Surprises

HUNTINGTON BEACH, Calif., July 22, 2026 (GLOBE NEWSWIRE) -- Built as a 12-day event, Christmas in July closed and MAGFAST’s inbox filled with one request: bring it back. MAGFAST has reopened all 12 bundles for a short window through July 31, and set a July 23 livestream where founder Seymour Segnit will unveil three surprises. July 23 also marks a new investor opportunity. MAGFAST, creator of a unique, integrated family of premium power banks, charging stands, and chargers, has reopened its "Chr

Junshi Biosciences Announces Acceptance of the Supplemental Application for Toripalimab plus Chemotherapy as Perioperative Treatment for Resectable Stage Ⅱ-Ⅲ NSCLC

SHANGHAI, July 21, 2026 (GLOBE NEWSWIRE) -- Shanghai Junshi Biosciences Co., Ltd (Junshi Biosciences, HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced that the supplemental application for toripalimab in combination with platinum-containing chemotherapy as perioperative treatment and subsequent monotherapy as adjuvant therapy for the treatment of adult patients with resecta

Purpose Investments Becomes First Digital Asset ETF Manager in Canada to Operate a Three-Sub-Custodian Model, Adding Anchorage Digital Bank

TORONTO, July 21, 2026 (GLOBE NEWSWIRE) -- Purpose Investments Inc. ("Purpose”), manager of various digital asset ETFs (the "Digital Asset Funds”) today became the first digital asset ETF manager in Canada to custody assets of its digital asset ETFs across three independent, institutional-grade sub-custodians, with the appointment of Anchorage Digital Bank N.A., America’s first federally chartered crypto bank, effective as of July 21, 2026. Anchorage Digital joins Coinbase and Gemini, which curr

Quantinuum and SoftBank Corp. Publish Joint White Paper on Scaling Practical Quantum Computing Use Cases Toward the Fault-Tolerant Era

The companies have published a joint white paper mapping commercially relevant quantum computing use cases in quantum chemistry and graph analytics to Quantinuum's hardware roadmap.The paper provides a framework for assessing how advances in quantum hardware and algorithms, could affect when practical industrial applications become feasible.SoftBank Corp. and Quantinuum will use the roadmap to inform their exploration of future quantum AI data center services and related business models.TOKYO an

YRI Fellowship Launches Elite "Top 1% Program” to Engineer Comprehensive University Admission Portfolios for Ambitious Youth

SAN FRANCISCO, CA, July 21, 2026 (GLOBE NEWSWIRE) -- The Young Researchers Institute (YRI) has officially announced the launch of its highly exclusive "Top 1% Program," an intensive, multi-dimensional mentorship initiative designed to transform ambitious middle and high school students into published authors, startup founders, and recognized innovators. Founded by Ishan Jain, former student researcher and author of 10+ peer-reviewed research papers published from high school, YRI has established

11:11 Systems Announces Strategic Partnership with Cato Networks to Deliver SASE Solution for Distributed Enterprises

New Managed Secure Access Service Edge (SASE) solution combines SD-WAN, cloud-native networking and security capabilities with 11:11's connectivity, cyber resilience and cloud expertise SYDNEY, July 22, 2026 /PRNewswire/ -- 11:11 Systems, a leading managed infrastructure solutions provider, today announced the global availability of its 11:11 Managed Secure Access Service Edge (SASE) solution and a new strategic partnership with Cato Networks. 11:11 Managed SASE is a fully managed secure connect

Goodfood Reports Third Quarter of 2026 Results

MONTREAL, July 21, 2026 (GLOBE NEWSWIRE) -- Goodfood Market Corp. ("Goodfood” or "the Company”) (TSX: FOOD), a leading Canadian online meal solutions company, today announced financial results for the 13 and 39 weeks period ended June 6, 2026. A full version of the Company’s Management’s Discussion and Analysis (MD&A) and Interim Condensed Consolidated Financial Statements for the 13 and 39 weeks period ended June 6, 2026, are available on the Company’s SEDAR+ profile, accessible at https://www.

Coalition to Improve Access to Cancer Care Applauds Reintroduction of the Cancer Drug Parity Act

WASHINGTON, July 21, 2026 (GLOBE NEWSWIRE) -- The Coalition to Improve Access to Cancer Care (CIACC), convened by the International Myeloma Foundation (IMF), applauds Senators Tina Smith (D-MN) and Jerry Moran (R-KS) for reintroducing the bipartisan Cancer Drug Parity Act, legislation that would ensure patients do not face higher out of pocket costs simply because their prescribed anticancer treatment is taken orally rather than administered intravenously. As advances in cancer research continue

SWOGE Announces Community-Driven Meme Coin Expansion on Solana

The Swole Doge-inspired project is expanding its online community presence around meme culture, Solana participation, and supporter-led engagement DUBAI, United Arab Emirates, July 22, 2026 (GLOBE NEWSWIRE) -- SWOGE, a Solana-based meme coin project inspired by the legendary Swole Doge meme, today announced a community expansion initiative focused on increasing awareness, participation, and online engagement across its supporter base. The announcement marks a renewed push by SWOGE to establish i

RTA Outdoor Living Tops 1,000 Google Reviews With a 5-Star Rating for Outdoor Kitchens Sold Entirely Online

A review analysis finds homeowners buying $20,000 to $80,000 outdoor kitchens online value design and project management as much as the finished product Greenland, NEW HAMPSHIRE, July 21, 2026 (GLOBE NEWSWIRE) -- RTA Outdoor Living has earned more than 1,000 Google reviews at an overall 5-star rating, an unusual milestone for a company that asks homeowners to buy a high-value custom outdoor kitchen entirely online, without ever seeing it in person. Happy customers gathering around their RTA Outd

Energetic Exotics Launches Luxury Hospitality Partnership Program, Bringing Premium Mobility, Concierge, and Chauffeur Services Directly to Hotel Guests

New partnership program enables hotels to elevate the guest experience through luxury vehicle rentals, executive transportation, chauffeur services, and personalized concierge experiences TAMPA, Fla., July 21, 2026 (GLOBE NEWSWIRE) -- Energetic Exotics today announced the launch of its Luxury Hospitality Partnership Program, a new offering designed to help luxury hotels, resorts, and boutique properties deliver world class transportation and lifestyle experiences to their guests. The program pro

LA Knight Riders Capture First MLC Championship as Record Crowd Caps Historic 2026 Season

LAKR defeats Washington Freedom 164-163 before a crowd of nearly 11,000 fans at the Oakland Coliseum as the league concludes its biggest season yet LA Knight Riders Championship LA Knight Riders Celebrating Their First Major League Cricket Championship GRAND PRAIRIE, Tex, July 21, 2026 (GLOBE NEWSWIRE) -- The Los Angeles Knight Riders (LAKR) captured their first Cognizant Major League Cricket championship on Saturday, June 18, defeating 2024 champions Washington Freedom by just one-run off the l

The Giorgi Companies and U.S. Mushroom Leaders Welcome Preliminary U.S. Antidumping Ruling on Canadian Imports

Investigation finds Canadian mushroom producers sold fresh mushrooms at unfairly low prices in the U.S. market BLANDON, Pa., July 21, 2026 (GLOBE NEWSWIRE) -- The Giorgi Companies, joined by mushroom producers across the United States, today welcomed the U.S. Department of Commerce’s (USDOC) announcement of its preliminary ruling that fresh mushrooms imported from Canada are being sold at unfairly low prices, calling the decision an important step toward restoring fair competition in the U.S. mu

Avalara Survey: Australian Finance Leaders are Racing to Deploy AI Agents Before Governance is Ready

Nine in 10 finance leaders say they are under pressure to prove AI ROI, while only 12% say their organisations prioritise governance over deployment speed SYDNEY, July 22, 2026 /PRNewswire/ -- Avalara, Inc., the agentic AI leader for global tax and compliance, today released new research revealing that while Australian finance teams feel pressure to deploy AI agents as quickly as possible, governance, accountability, and internal controls are struggling to keep pace. The report, "Agents of Chang