Philippines Business News

Columbia Financial, Inc. Announces Completion of Second Step Conversion and $1.7 Billion Stock Offering and Acquisition of Northfield Bancorp, Inc.

FAIR LAWN, N.J., July 20, 2026 (GLOBE NEWSWIRE) -- Columbia Financial, Inc., (Nasdaq Global Select Market: CLBK), (the "Company” or "Columbia”), a Maryland corporation and the successor to Columbia Financial, Inc., a Delaware corporation (the "Holding Company”), today announced the completion of the Holding Company’s conversion from the mutual holding company structure and Company’s related public offering. Columbia Bank is now 100% owned by the Company and the Company is 100% owned by public st

Winning Ground: The First Online Gambling Report Spanning Every African Nation

Two full years of data show regulated online gambling revenue rising from $4.4 billion in 2024 to $5.2 billion in 2025 as more African consumers begin to choose licensed, safer online gambling options HENDERSON, Nev., July 21, 2026 /PRNewswire/ -- New analysis from Gaming Compliance International (GCI) presents the first ever comprehensive report undertaken of online gambling across all 54 African nations, drawing on two years of audience and activity data across 2024 and 2025. Across Africa's o

Fox ESS Launches POWER BEAST to Simplify C&I Energy Storage Deployment

SYDNEY, July 21, 2026 /PRNewswire/ -- Fox ESS, a global leader in renewable energy solutions, has announced the Australian launch of POWER BEAST, a scalable commercial and industrial energy storage solution combining the H3 Plus Hybrid Inverter with the CQ7 High Voltage Storage Battery. Traditional commercial battery systems often require extensive cabling, multiple connection points, and significant on-site assembly, "POWER BEAST combines a compact dual-stack design with fast, plug-and-play ins

UPDATE: Conceivable Life Sciences Strengthens Senior Leadership Team to Support IVI RMA Partnership and U.S. Launch

Julie O'Shaughnessy named President, Vincent Payet named SVP of Commercial Operations & Partner Success to support AURA's US commercial launch NEW YORK, July 20, 2026 (GLOBE NEWSWIRE) -- Conceivable Life Sciences, the company behind the world's first automation-assisted IVF lab, AURA, today announced two senior leadership appointments: Julie O'Shaughnessy as President and Vincent Payet as Senior Vice President of Commercial Operations & Partner Success. The appointments come as Conceivable prepa

Viriora Integrates Conversational AI Into Its Platform, Giving Clients Scenario Analysis and Risk Modelling

PANAMA CITY, July 20, 2026 (GLOBE NEWSWIRE) -- Viriora, the multi-asset CFD and investment broker, has announced the integration of a conversational AI system directly into its trading platform, alongside a broader rollout of AI-powered chart analysis tools across its analytics department. The developments represent a significant step in the firm's long-term strategy to give clients the kind of analytical capability that has historically been reserved for institutional trading desks. What the AI

BSP presses GCash, Maya on P10 transfer fees: Explain!

'Of course, we expect compliance with the circular,' a top Bangko Sentral official says when asked whether e-wallets would eventually have to cut or restructure their transfer fees

Quantum BioPharma Announces Intention to Settle Debt

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. TORONTO, July 20, 2026 (GLOBE NEWSWIRE) -- Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) (FSE: 0K91) (Upstream: QNTM) ("Quantum BioPharma” or the "Company”), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions for the treatment of challenging neurodegenerative and metab

FY26 Group production guidance delivered, record cashflow and maiden dividend proposed

Cash of $432 million - A$104 million increase for the quarter PERTH, Australia, July 20, 2026 (GLOBE NEWSWIRE) -- Alkane Resources Limited (ASX:ALK; TSX:ALK; OTCQX:ALKRY) (‘Alkane’ or ‘the Company’) is pleased to present its Quarterly Activities Report for the period ending 30 June 2026 (‘Q4 FY26’): Operations Q4 FY26 gold equivalent production of 42,491 AuEq oz@ AISC of $3,011/AuEq oz1,2.FY26 gold equivalent production of 168,337 AuEq oz @ AISC of $2,925/AuEq oz1,2.Site operating cash flow of $

Banks are dropping transfer fees. Here’s why it took so long.

While the Bangko Sentral continues to push remaining banks and e-wallets to comply, a top official suggests consumers to take advantage of fee-less transfers and move their money wherever they can get a better deal

Granicus Strengthens ANZ Leadership Team with Appointment of Jonathan Usher as Managing Director

Latest leadership appointments reinforce Granicus' commitment to "growth, innovation and customer success" across Australia and New Zealand MELBOURNE, Australia, July 21, 2026 /PRNewswire/ -- Granicus, a leading provider of customer experience technologies and services for governments and destination organisations, today announced the appointment of Jonathan Usher as Managing Director for Australia and New Zealand, reinforcing the company's commitment to the region and supporting its next phase

HKUST Launches 35th Anniversary Celebrations Showcasing a Legacy of Miracles and a Vision for the Future

HONG KONG SAR - Media OutReach Newswire - 16 March 2026 - The Hong Kong University of Science and Technology (HKUST) today officially launched its 35th Anniversary celebrations with a vibrant ceremony, bringing together distinguished government officials, industry leaders, and members of the university community to reflect on an extraordinary journey of excellence. The Chief Secretary for Administration of the HKSAR Government Mr. CHAN Kwok-ki (middle), Deputy Director of LOCPG Mr. LUO Yonggang

AMR Resources Acquisition Corp Announces Closing of $260,000,000 Initial Public Offering, Including Partial Exercise of Underwriters’ Over-Allotment Option

George Town, Cayman Islands, July 20, 2026 (GLOBE NEWSWIRE) -- AMR Resources Acquisition Corp (Nasdaq: AMACU) (the "Company”) today announced that it closed its initial public offering (the "IPO”) of 26,000,000 units at $10.00 per unit, including the issuance of 1,000,000 units as result of the underwriter’s partial exercise of its over-allotment option. The gross proceeds from the offering were $260 million before deducting underwriting discounts and estimated offering expenses. The units began

Purpose Investments Inc. Announces July 2026 Distributions

TORONTO, July 20, 2026 (GLOBE NEWSWIRE) -- Purpose Investments Inc. ("Purpose”) is pleased to announce distributions for the month of July 2026 for its open-end exchange traded funds and closed-end funds ("the Funds”). The ex-distribution date for all open-end funds is July 29, 2026. The ex-distribution date for all closed-end funds is July 31, 2026. Open-End FundsTicker SymbolDistribution per share/unitRecord DatePayable DateDistribution FrequencyApple (AAPL) Yield Shares Purpose ETF - ETF Unit

Ionic Digital Announces Effectiveness of Registration Statement and Expected Commencement of Trading on Nasdaq

WASHINGTON, July 20, 2026 (GLOBE NEWSWIRE) -- Ionic Digital Inc. ("Ionic Digital” or the "Company”), a digital infrastructure company supporting the expanding needs of AI and high-performance computing (HPC), today announced that its registration statement on Form S-1, as filed with the Securities and Exchange Commission (the "SEC”), relating to a proposed public direct listing of its Class A common stock (the "Common Stock”) was declared effective by the SEC today, July 20, 2026. Ionic Digital

Century Aluminum Applauds President Trump’s Action to Spur Domestic Aluminum Production

CHICAGO, July 20, 2026 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) applauds President Donald Trump’s latest executive order to incentivize investments that make American manufacturing great again. Signed today, the executive order allows companies investing in new primary aluminum production in the United States to import a commensurate amount of primary aluminum at a reduced tariff rate. The new tariff rate for such companies will now be 25%, down from 50% for such imports. Cent

Black Wood Tea Issues Corporate Briefing on Traditional Vietnamese Botanical Formulation for Male Wellness Support

Black Wood Tea Black Wood Tea Woodstock, NH, USA, July 20, 2026 (GLOBE NEWSWIRE) -- Black Wood Tea Issues Corporate Briefing on Traditional Vietnamese Botanical Formulation for Male Wellness Support Woodstock, NH, USA, July 20th, 2026, Black Wood Tea, a developer of specialized dietary infusions, today announced the publication of a comprehensive corporate briefing. The document evaluates the historical context, ingredient metrics, and intended biological targets of its signature 19-ingredient V

Sun Coast Sciences Introduces Slimsculpt MD Topical Body Contouring Formulation

SlimSculpt MD SlimSculpt MD Cheyenne, WY, United States, July 20, 2026 (GLOBE NEWSWIRE) -- Sun Coast Sciences Introduces Slimsculpt MD Topical Body Contouring Formulation Cheyenne, WY, United States, July 20th, 2026 Sun Coast Sciences, a provider of clinically oversighted skincare and wellness formulations, today announced the launch of SlimSculpt MD. Developed by Dr. Mark Rosenberg, MD, the specialized topical body butter is engineered to address age-related skin structural changes, localized t

Lara calls for celebration of 'father figure' Sobers

LONDON, United Kingdom — Brian Lara has urged the "whole of the Caribbean" to celebrate Garry Sobers following the death of the West Indies legend. Sobers, widely regarded as cricket's most outstanding all-rounder, died aged 89 on Friday, sparking a flood of tributes from all over the world. Among his many achievements, Sobers's 365 not out against Pakistan in 1958 stood as the highest individual innings in Test cricket for 36 years. That record was eventually broken by fellow West Indies

Trump orders new 50% tariff on many Canadian goods

WASHINGTON — US President Donald Trump signed orders Monday to impose new 50-percent tariffs on many Canadian goods, claiming "discriminatory treatment" by Ottawa against American alcohol, automobile and dairy products. The tariffs take effect in 30 days and cover a wide range of goods including wine, hockey sticks and cement, said the White House in a fact sheet. Trump tapped a little-known legal provision for the new duties -- Section 338 of the Tariff Act of 1930 -- which allows officia

US concludes 10th straight day of strikes on Iran, Tehran retaliates

Philippines’ FDI outlook remains weak for rest of 2026

THE PHILIPPINES might continue to struggle to attract foreign direct investment (FDI) for the remainder of 2026 as lingering geopolitical risks and domestic governance concerns keep investors cautious, analysts said.

DoE says Philippine electricity rates highest in Southeast Asia in June

THE PHILIPPINES recorded the highest electricity rate among its Southeast Asian peers in June, as the country relied on more expensive power plants to offset supply gaps caused by plant shutdowns in the Visayas, according to the Department of Energy (DoE).

Pay raises in Philippines seen edging up in 2027 — WTW

PHILIPPINE COMPANIES expect to raise salaries by a median of 5.1% in 2027, slightly higher than the 5% average increase this year, as employers balance rising costs with the need to retain talent, according to a survey by advisory firm WTW Plc. “In the Philippines, employers are taking a more deliberate approach to compensation planning […]

Fuel retailers urged to stagger double-digit price hikes

THE DEPARTMENT of Energy (DoE) urged oil companies to stagger this week’s double-digit pump price hikes, with diesel and kerosene prices expected to climb by more than P10 per liter. Starting Tuesday (July 21), gasoline prices will rise by up to P3.65 per liter, while diesel will jump by as much as P10.68 per liter, […]