Philippines Business News

UK’s new PM Burnham pledges no economic risks, plans cost relief

Diesel, kerosene prices to jump by over P10 per liter

Massive oil price hike starting tomorrow, July 21, 2026.

BFAR, British Embassy Manila advance fisheries innovation, global collaboration in SAFET 2026

The Bureau of Fisheries and Aquatic Resources (DA-BFAR) and the British Embassy Manila have partnered to co-host the Seafood and Fisheries Emerging Technologies (SAFET) Conference 2026, set from Sept. 8 to 10 in Cebu. The event will bring together world-leading expertise from the UK’s Marine Management Organisation (MMO) and the Centre for Environment, Fisheries and […]

Analyst says Burnham could surprise UK markets. Here’s how

Houthis announce immediate maritime blockade on Saudi Arabia

PalawanPay backs MSMEs with digital, branch network at BIYAYA festival

Mobile e-wallet PalawanPay showcased its digital payment ecosystem and financial services for micro, small, and medium enterprises (MSMEs) as the official e-wallet partner of the BIYAYA Sustainable Living Festival 2026 which ran from July 17 to 19 at SM Megamall. BIYAYA festival brought together sustainability advocates, social enterprises, coffee producers, artisans, and purpose-driven businesses. PalawanPay […]

Two TCLVs seen forming in coming days, weeks— PAGASA

Two tropical cyclone-like vortices (TCLVs) are expected to form in the coming days and weeks, one of which has a low to moderate chance of developing into a tropical cyclone (TC), according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). TCLV 1 is expected to emerge over the eastern boundary of the Tropical […]

Sun Life Philippines wins 2 awards at Insurance Asia Awards 2026

Sun Life Philippines has been recognized for excellence in both innovation and employee engagement.

Big fuel price hike set for July 21 as Middle East tensions flare again

(1st UPDATE) It's a double-digit price increase per liter for diesel and kerosene for July 21 to 27

GCash brings ‘Wais Tindera Caravan’ to Cebu, empowering MSMEs with financial tools and responsible borrowing

Over 200 nano, micro, small, and medium enterprises (NMSMEs), including sari-sari store owners and vendors gathered at the Wais Tindera Caravan in Cebu to deepen their understanding of digitalization and responsible borrowing. In celebration of MSME Month, GCash reinforces its commitment to being the trusted growth partner of Filipino NMSMEs, powering every stage of their […]

Pebsteel factory gains LEED Gold for sustainable operations

Pebsteel’s factory in Ho Chi Minh City has been awarded LEED Gold from the US Green Building Council.

Unioil, Aramco open first station in Sucat and bring premium fuel experience to Filipino drivers

Unioil Petroleum Philippines has opened the first Aramco-branded fuel station in the country.

3 obstacles the prosecution must hurdle in Sara Duterte’s money trail

We explain the fight over the Vice President's bank and tax records

U.S., Iran exchange fresh strikes; Brent tops $90 - what’s moving markets

Neuronata-R retains conditional approval in South Korea

South Korea's Ministry of Food and Drug Safety (MFDS) updates the stem cell therapy's approval in May 2026 - as the developer works to resume supply and build a U.S. research base SEOUL, South Korea, July 20, 2026 /PRNewswire/ -- Patients with amyotrophic lateral sclerosis (ALS) in South Korea will keep their access to Neuronata-R® (lenzumestrocel) - a stem cell therapy for ALS - after the Ministry of Food and Drug Safety (MFDS) approved its continued use in May 2026, updating the label to refle

Today's Weather, 5 A.M. | Jul. 20, 2026

Samsung Biologics announces all-cash offer to acquire PolyPeptide, accelerating multi-modality strategy and expanding global network across U.S., Europe, and India

Samsung Biologics to launch an all-cash public tender offer for 100% of PolyPeptide's fully diluted share capital (excluding therefrom any treasury shares) at CHF 44.31 per share, representing an equity value of approximately CHF 1.46 billion.Strong transaction support, with a unanimous recommendation from PolyPeptide's Board members (acting through its independent and non-conflicted members) and an irrevocable tender undertaking from PolyPeptide's largest shareholder, representing approximately

5.5 magnitude earthquake hits Peru's Andes region and kills at least 6 people

LIMA, Peru — A 5.5 magnitude earthquake shook the Andes region of Peru, killing at least six people, injuring more than 30 and displacing 300, authorities said Sunday. The U.S. Geological Survey reported the quake struck on Saturday at 9:24 p.m., with its epicenter located 2 kilometers (1.24 miles) west-southwest of the city of Sicaya in Huancayo province. It was 10 kilometers (6.21 miles) deep. Peru’s National Civil Defense Institute said in a statement the total number of missing i

Ryan Fox wins the British Open with a birdie on the final hole

SOUTHPORT, England (AP) — The hard work for Ryan Fox was just getting to the 18th hole in the British Open with a share of the lead. Still to come was the toughest hole at Royal Birkdale, which had yielded only four birdies to the 76 players who had already come through Sunday. For a 39-year-old from New Zealand, the son of an All Blacks rugby star who once only dreamed of having a card on any tour, this was no time to back down. “I did say to my caddie Dean (Smith) that we were goin

Tropical Storm Fausto forms well offshore from Mexico's Pacific coast

Tropical Storm Fausto has formed far out to sea off Mexico’s southwest Pacific coast. The U.S. National Hurricane Center in Miami said a tropical depression strengthened into the named storm Fausto on Sunday afternoon, which was centered about 750 miles (1,200 kilometers) south-southwest of the southern tip of Mexico’s Baja California peninsula. The storm had maximum sustained winds of 40 mph (65 kph) and was moving to the west-northwest at 13 mph (20 kph). There are no coastal warni

Trump Media Settles Legal Disputes

SARASOTA, Fla., July 19, 2026 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced today that all claims between and among individuals and entities including Trump Media, Patrick Orlando, and ARC Global Investments II LLC have been mutually resolved pursuant to a confidential settlement agreement. About Trump Media & Technology Group The mi

Duckett's sublime century inspires England's series-clinching win over India

LONDON, United Kingdom — Ben Duckett's record-breaking 141 paved the way for England's 27-run victory over India in the third one-day international at Lord's on Sunday as the hosts won the three-match series in blistering style. The opener's innings was the highest individual score in any men's ODI at Lord's, beating West Indies great Vivian Richards's 138 in the 1979 World Cup final against England. On a day when the teams wore black armbands in memory of West Indies legend Garry Sobers -

Madonna, Shakira, Bieber and The Muppets light up World Cup half-time show

EAST RUTHERFORD, United States — Musical headliners Madonna, Shakira, Justin Bieber, BTS and Coldplay were joined by Brazilian soccer icons and "Ted Lasso" actors in a spectacular first-ever World Cup final halftime show on Sunday. The star-packed, Super Bowl-style extravaganza -- a first for soccer's showpiece event -- also featured a tribute to football icon Pele, and a rendition of "Seven Nation Army" led by Gustavo Dudamel and featuring musicians from the US, Venezuela and Iran. "Sesam

'The Odyssey' storms N. American Box Office

LOS ANGELES, United States — Christopher Nolan's "The Odyssey" sailed straight to the top of the North American box office, bringing home $124.5 million in its opening weekend -- the best live action debut of the year, industry estimates showed Sunday. The latest remake of the nearly 3,000-year-old epic captured another $139 million in overseas sales for a total of $263.5 million, according to Exhibitor Relations, more than paying for the film's reported $250 million price tag. The film --