Philippines Business News

Strong sales push aggressive 7-Eleven expansion in Visayas and Mindanao

Philippine Seven Corp. (PSC) will focus on opening new stores in Visayas and Mindanao, as part of its nationwide expansion goal to hit 5,000 locations.

Tenacity

The dictionary defines tenacity as the quality of being persistent, resolute, and unwavering in the pursuit of a goal.

LeafTide Announces Weight Loss Supplement Launch Focused on Quality, Transparency, and Leaf Tide Consumer Education

Leaf Tide emphasizes ingredient transparency, quality-focused manufacturing practices, and LeafTide responsible consumer education in its approach to dietary supplement development. Largo, FL, July 19, 2026 (GLOBE NEWSWIRE) -- LeafTide today announced the introduction of a new dietary supplement as part of the company’s continued efforts to develop products within the broader wellness and nutrition category. The announcement reflects the company’s focus on responsible product development, clear

Foreign entrepreneurs find business opportunities and a home in Yiwu

BEIJING, July 19, 2026 /PRNewswire/ -- A report from People's Daily: Yiwu, a city in east China's Zhejiang province, is neither a coastal hub nor a border town. Yet it has built a trade network that reaches across the globe. Today, the city is home to more than 10,000 foreign-invested businesses and around 38,000 foreign merchants who live and work there. People's Daily reporters recently visited Yiwu to meet foreign entrepreneurs who have built successful businesses and settled down in the city

Caloocan, Mindoro prevail as Cebuano legends honored in MPBL

MANILA, Philippines — Caloocan trounced Cebu, 89-76, to bolster its bid for the top spot in the SportsPlus MPBL (Maharlika Pilipinas Basketball League) 2026 Season at the Cebu Coliseum. Powered by Jeff Manday, Jammer Jamito and Kymani Ladi, the Caloocan Batang Kankaloo surged ahead, 49-26, en route to their 16th win against two losses in the round-robin elimination phase of the two-division, 27-team tournament. Caloocan trailed defending champion Abra Solid North (14-1) and San Juan (14-1)

Motilal Oswal Expands IPO Research Coverage Amid Growing Interest in Upcoming IPOs in India

Motilal Oswal Motilal Oswal Mumbai, India, July 19, 2026 (GLOBE NEWSWIRE) -- Motilal Oswal today announced the expansion of its IPO research coverage and investor information resources in response to increasing market interest in the Upcoming IPO in India segment. The initiative is designed to provide investors with broader access to company information, market insights, public filings, and research-based analysis related to current and forthcoming public offerings. The announcement comes as Ind

Former China Development Bank president is under anti-corruption probe

BEIJING — A former president of the China Development Bank was put under investigation on suspicion of serious violations of party discipline and the law, the country's top anti-graft watchdog announced on Sunday. The Central Commission for Discipline Inspection said in a one-line statement that Ouyang Weimin was being investigated by it and the National Commission of Supervision, without offering more details. According to state media China Daily, Ouyang began his career and joined the Ch

Phoenix defuses Ginebra rally, spoils 42-point debut by Riley Grigsby

MANILA, Philippines — Phoenix built a big enough lead that cushioned the impact of Barangay Ginebra’s fourth quarter rally as the team squeezed out a narrow 81-78 win to stay perfect in the PBA Season 50 Governors’ Cup on Sunday at the Araneta Coliseum. American import Riley Grigsby led the Gin Kings’ huge rally, scoring 10 in the final period, including a layup with six seconds left to put them to within 78-81. Ginebra still had a chance to steal the game away when Phoen

UST sweeps Enderun for first win in Shakey’s Collegiate National Invitationals

MANILA, Philippines — University of Santo Tomas cruised past Enderun Colleges, 25-18, 25-17, 25-13, to set its title bid in motion in the 2026 Shakey’s Collegiate National Invitationals on Sunday at the Ninoy Aquino Stadium. Veteran Angge Poyos and Ashlee Knop led the Golden Tigresses’ balanced scoring with eight points each to bring down the Lady Titans in just 85 minutes. Poyos and Knop combined for 14 of UST’s 37 attack points while Marga Altea and Julia Balingit added

PBA: Undermanned TNT squeaks past Macau

MANILA, Philippines — Undermanned TNT managed to dig deep into its bench to outlast hard luck Macau, 106-101 to get its title-retention bid on a winning start on Sunday in the PBA Season 50 Governors' Cup at the Araneta Coliseum. The Tropang 5G played without veterans Calvin Oftana, Poy Erram and Brandon Ganuelas-Rosser, who are all down with injuries. The Giant Pandas trailed by as many as 18 points but the foreign guest squad managed to mount a comeback behind import De’Vondre Perr

Aussies storm past Letran in opening day sweep

MANILA, Philippines — Guest team Southern Storm Melbourne showed resilience in coming back from huge deficits throughout the whole match to frustrate Letran, 26-24, 25-21, 25-19, for a great start in the 2026 Shakey’s Collegiate National Invitationals on Sunday at the Ninoy Aquino Stadium. Down by six early in the third set, the Australians pushed back with a blistering 19-7 rally to complete the sweep for a loud introduction in the competition backed by Shakey’s Pizza Parlor,

Rescuers in Indonesia find mother and son survivors from sunken passenger boat

PALU, Indonesia — Rescuers in eastern Indonesia found two more survivors, a mother and son, on Sunday from a passenger boat that sank earlier in the week and were searching for 18 others still missing. The 46-year-old woman and her 24-year-old son were found stranded on Balaloho Island, one of the small inhabited islands in Selayar,, by fishermen, officials said. More than 200 rescuers aboard vessels were joined by Indonesian troops, police, fishermen and residents, said Andi Sultan, head

Andy Biggs and David Schweikert offer competing visions for Republican Party in Arizona primary

PHOENIX — As the head of the conservative Freedom Caucus in the U.S. House, Rep. Andy Biggs was one of the Republican Party's most hard-line brawlers in Washington, championing President Donald Trump's agenda while frustrating establishment leaders. U.S. Rep. David Schweikert says those uncompromising tactics are a losing recipe in Arizona, where Republicans have watched their power erode as voters rejected nominees seen as too extreme. After decades coexisting in the fractious Arizona Rep

ACE ROBOTICS Unveils Kairos 3.1 and Expands Its Embodied AI Stack from Data to Deployment at WAIC 2026

The launch combines a unified, action-oriented world model with Ambient Capture Engine 2.0, three commercial solutions and a new industry benchmark, connecting high-density data with real-world robotic operations. SHANGHAI, CHINA - Media OutReach Newswire - 19 July 2026 - ACE ROBOTICS today unveiled Kairos 3.1, its latest action-oriented world model, alongside Ambient Capture Engine 2.0 and three commercial solutions spanning instant retail, hospitality and outdoor service scenarios. ACE ROBOTIC

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TROPANG 5G VS GIANT PANDA

Starbucks Korea staff form union after 'Tank Day' campaign fiasco

SEOUL, South Korea — Workers at Starbucks Korea have formed a labor union, the company confirmed on Sunday, following a marketing fiasco that evoked painful memories of a 1980 government crackdown on pro-democracy activists. Starbucks Korea, the coffee giant's third-largest market after the United States and China, sparked uproar when it ran a "Tank Day" reusable cup promotion on May 18 -- the 46th anniversary of the Gwangju uprising in which 165 civilians were killed, according to the off

GRAND BABY FAIR

GEnx-1B Engines Surpass 50 Million Flight Hours

Milestone is the fastest ever for a GE Aerospace widebody engine model FARNBOROUGH, England, July 19, 2026 (GLOBE NEWSWIRE) -- The GE Aerospace (NYSE: GE) GEnx-1B engine has surpassed the 50 million flight hour mark in just over 14 years, the fastest rate ever for GE Aerospace commercial widebody engine model. The GEnx-1B, which powers the Boeing 787 Dreamliner family, is currently in service with more than 50 operators around the world and is averaging a total of over 600,000 flight hours month

Rally may lose steam as market seeks fresh leads

PHILIPPINE STOCKS may struggle to maintain their momentum this week amid a lack of fresh drivers, with renewed hostilities in the Middle East making markets volatile again and dragging investor sentiment. On Friday, the Philippine Stock Exchange index (PSEi) jumped by 1.24% or 78.96 points to close at 6,404.11, while the broader all shares index […]

BFAR, British Embassy to co-host fisheries conference in Cebu

The Bureau of Fisheries and Aquatic Resources (BFAR) has partnered with the British Embassy to co-host the Seafood and Fisheries Emerging Technologies (Safet) Conference 2026 on September 8 to 10 in Cebu. BFAR National Director Elizer Salilig said the holding of the event reflects the Philippines’ commitment to building a modern fisheries sector where technology directly benefits both people and the environment. “Through collaboration with global partners, we aim to accelerate practi

XA Investments President Kimbery Flynn Speaks to Shareholders About XFLT Proxy Vote

XFLT Hosts Webinar on Benefits of the King Street Sub-Adviser XFLT Asks Shareholders to Vote on the WHITE Proxy Card "FOR” the King Street Sub-Advisory Agreement at Special Meeting on July 30, 2026 CHICAGO, July 19, 2026 (GLOBE NEWSWIRE) -- XA Investments LLC ("XAI”), manager of XAI Floating Rate & Alternative Income Trust (XFLT) (the "Fund”), shared an informational webinar featuring XAI President Kimberly Flynn, who spoke directly to XFLT shareholders on the benefits of the new investment sub-

Spain and Argentina brace for World Cup final

EAST RUTHERFORD, United States — Lionel Messi's battle-hardened Argentina take on silky Spain in the World Cup final on Sunday as the first 48-team tournament in history reaches a climax in New Jersey. The South Americans are striving to become the first team since Brazil in 1962 to win back-to-back World Cups, while Spain are eyeing a second title after their maiden victory in 2010. Sunday's showpiece is likely to be the final World Cup appearance for Messi, widely considered the greatest

Is U.S. inflation melting away?