Philippines Business News

IC clears gender-specific insurance, HMO products

The Insurance Commission (IC) has approved a fresh batch of gender-specific insurance and Health Maintenance Organization (HMO) offerings, widening coverage for women’s health risks such as breast cancer, reproductive care and maternity benefits.

Improved security cuts fake banknotes

The number of counterfeit banknotes documented by the Bangko Sentral ng Pilipinas (BSP) declined by 17 percent in 2025 as improved security features and wider public awareness strengthened the detection of fake currency.

‘Peso to stay under pressure’

The peso is expected to remain under pressure in the coming months as higher oil prices, firm demand for the dollar and a seasonal increase in imports strain the country’s external position, according to BMI.

PSEi climbs back to 6,400 on positive sentiment

The local stock market sustained its rally, as positive investor sentiment fueled the main index to make a successful return to the 6,400 level.

Semirara asks court to block DOE asset disclosure demand

The Consunji Group is seeking court protection to block the Department of Energy (DOE) from forcing it to disclose proprietary information for sharing with other bidders in the Semirara coal mine auction.

The personality cage

One wise guy says, “I went to a psychiatrist today. She told me I had a split personality and charged me P2,000. I gave her P1,000 and told her to get the rest from the other idiot.”

US firms exploring IT, logistics investments in ecozones

American firms engaged in information technology (IT) and logistics services are exploring investment opportunities in the country’s economic zones, according to the Philippine Economic Zone Authority (PEZA).

Emerita Announces CFO Transition

TORONTO, July 17, 2026 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX-V: EMO; OTCQX: EMOTF; FSE: LLJA) (the "Company” or "Emerita”) announces that it has appointed Ian Fodie as Chief Financial Officer, effective immediately. Gregory Duras is no longer serving as Chief Financial Officer of the Company. Mr. Fodie has over 35 years of experience in high-growth industries, including biotechnology, life-sciences, technology, exploration and development, and entertainment, with international activit

SOITEC - HALF-YEAR STATEMENT ON THE IMPLEMENTATION OF THE LIQUIDITY CONTRACT AS OF JUNE 30, 2026

HALF-YEAR STATEMENT ON THE IMPLEMENTATION OF THE LIQUIDITY CONTRACT AS OF JUNE 30, 2026 Bernin (Grenoble), France, July 17, 2026 - Soitec (Euronext Paris) announces that, under the liquidity contract entrusted to BNP Paribas on July 3, 2023, on the settlement date of June 30, 2026, the following resources appeared on the liquidity account: 24,442 Soitec shares, and€6,360,766 During the 1st semester of 2026, a total of:227,346 shares were bought for €17,357,497 (i.e. 2,144 transactions).288,875 s

CO2 Energy Transition Corp. (Nasdaq: NOEM) Signs Letter of Intent with Texas-Based Energy Company to Advance Domestic Lithium Recovery and Strontium Ferrite Production for Defense Applications

Houston, TX, July 17, 2026 (GLOBE NEWSWIRE) -- CO2 Energy Transition Corp. (Nasdaq: NOEM) today announced the signing of a non-binding Letter of Intent with a Texas-based operating oil and gas company with a track record of unconventional natural resource development in the United States. The target plans to recover lithium and strontium from subsurface brines produced from its own leased wells to support domestic critical mineral production and energy independence. This initiative leverages the

Danone: Information on the total number of voting rights and shares

DANONE French Société anonyme with a capital of €170,834,294.25 Registered Office: 59-61, rue La Fayette, 75009 Paris. Registered with the Paris Commerce and Company Registry under number 552 032 534 Information on the total number of voting rights and shares in compliance with Article L. 233-8 II of the French Commercial Code and with Article 223-16 of the General Regulation of the Financial Markets Authority (AMF- Autorité des Marchés Financiers) DateTotal number of sharesTotal number of votin

Is AI now the main driver of China’s growth?

Taco Bell lettuce tied to diarrhea-causing parasite outbreak across 5 states

ATLANTA — Federal health officials have identified lettuce from Mexico served by Taco Bell locations across five U.S. states as a source of the widespread outbreak of diarrhea-causing parasite cyclospora. The Centers for Disease Control and Prevention late Thursday confirmed the source and warned consumers not to eat shredded iceberg lettuce from Taco Bell restaurants in Indiana, Kentucky, Michigan, Ohio and West Virginia. A Food and Drug Administration investigation identified a single su

Tec-Do Launches Navos 2.0 at WAIC, Advancing the Next Era of Agentic Commerce

SHANGHAI, July 17, 2026 /PRNewswire/ -- Tec-Do, a global AI marketing technology company, today unveiled Navos 2.0 at the 2026 World Artificial Intelligence Conference (WAIC), introducing a next-generation AI agent designed to help enterprises accelerate international growth through coordinated multi-agent intelligence. Building on the launch of Navos 1.0 at WAIC last year, Navos 2.0 represents a major leap forward. The product consolidates global marketing capabilities previously scattered acro

David Ebrahimzadeh and Corniche Capital Expand Nationwide Build-to-Suit Program for Industrial, Manufacturing, and Mission-Critical Tenants - Highlighting Speed-to-Occupancy, Entitled Shovel-Ready Land, and Multi-Gigawatt Powered Land for Data Centers and Advanced Manufacturing

Corniche Capital pairs a national powered land portfolio spanning ERCOT, PJM, and Western markets with a new "build, lease, and back” strategy - investing equity directly in the ventures it develops facilities for NEW YORK, July 17, 2026 (GLOBE NEWSWIRE) -- David Ebrahimzadeh, Founder and President of Corniche Capital, today announced a major expansion of the firm's nationwide build-to-suit development program serving industrial, advanced manufacturing, and mission-critical tenants. The expanded

Métis National Council and Northwest Territory Métis Nation Convene Leadership Summit to Advance Shared Priorities

Saskatoon, July 17, 2026 (GLOBE NEWSWIRE) -- The Métis National Council (MNC) and the Northwest Territory Métis Nation (NWTMN) gathered in Saskatoon on July 15-16 for the inaugural NWTMN-MNC Leadership Summit. Leaders from the MNC, the NWTMN, the Otipemisiwak Métis Government, and the Métis Nation of Ontario came together to strengthen relationships, identify shared priorities, and advance collaboration on issues affecting Métis citizens across the Homeland. The Summit marks an important milesto

Tesonet Foundation marks its first anniversary with a growing focus on measurable social impact

Vilnius, Lithuania, July 17, - One year after launching Tesonet Foundation with an initial commitment of €1 -million, Tesonet continues to strengthen its long-term approach to philanthropy through strategic partnerships, measurable impact and sustained investment in Lithuania’s future. Established to bring together and expand Tesonet’s philanthropic initiatives under one dedicated organization, the Foundation focuses on three strategic areas: education and future talent development, strengthenin

NanoNest Announces AI-Powered Smart Home Technology for Its Modular Housing Platform

LOS ANGELES, July 17, 2026 (GLOBE NEWSWIRE) -- NanoNest homes will ship with embedded AI that learns resident habits, manages energy, and strengthens security. The company is currently raising capital through its Regulation CF offering to accelerate development and scale. NanoNest Homes, the modular housing company behind the first US certified modular building product in the United States, announced it is developing AI-powered smart home technology for the next generation of its housing platfor

Emergent Raises Series C at $1.5 Billion Valuation, Becomes Unicorn in a Year of Launch

Rapid global adoption fuels fivefold valuation growth, taking total funding to $230 million as users build over 12 million applications on the platform SAN FRANCISCO, Calif. and BANGALORE, India, July 17, 2026 /PRNewswire/ -- Emergent, the fast-growing AI software creation platform that enables founders and business owners to build full-stack, production-ready web and mobile applications, today announced a $130 million Series C funding. The round was led by Creaegis, with MNI Ventures - Claypond

Unipart, KBR and IBM launch Team ORION to future-proof defence operations

OXFORD, United Kingdom, July 17, 2026 (GLOBE NEWSWIRE) -- Unipart, KBR and IBM have today announced the launch of Team ORION to provide unparalleled operational resilience, world-class logistics, and future-ready technology to the UK Ministry of Defence. Inspired by the historic constellation that has guided navigators and militaries for centuries, Team ORION represents an alignment of three industry leaders working together with absolute clarity and purpose. By combining strengths, Team ORION e

Innovative Organic Nursery Reiterates its Stance on Organic Strawberry Production

Redding, California, July 17, 2026 (GLOBE NEWSWIRE) -- Redding, California - July 16, 2026 - With the internet abuzz about the state of strawberry sourcing and agricultural methods, Innovative Organic Nursery (ION) is putting its long-held commitment to organic strawberry planting stock and consumer education front and center. For the past ten years, ION has been in the business of supplying top-tier organic berry plants to everyone from commercial growers to home gardeners. As consumer interest

Compass Therapeutics Announces Tovecimig Data Accepted for an Oral Presentation at the ESMO Congress 2026

BOSTON, July 17, 2026 (GLOBE NEWSWIRE) -- Compass Therapeutics, Inc. (Nasdaq: CMPX), a clinical-stage, oncology-focused biopharmaceutical company developing proprietary antibody-based therapeutics to treat multiple human diseases, today announced that its abstract titled "A randomized trial of paclitaxel ± tovecimig in previously treated patients with advanced biliary tract cancer” has been accepted for an oral Proffered Paper presentation at the upcoming European Society for Medical Oncology (E

PH topple Hong Kong, sets up 9th-place clash vs Indonesia

HAIKOU, China — The Alas Pilipinas boys national volleyball team outplayed Hong Kong China, 25-18, 28-26, 25-13, in the 9th-12th classification round of the 2026 Asian Volleyball Confederation (AVC) Boys’ U18 Volleyball Championship on Friday night in Wuyuan River Gymnasium. The Philippine team, which placed 11th in the 2024 edition in Bahrain, will have a chance to score its best finish in the tournament when it battles Indonesia for 9th place on Saturday. After cruising to a 25-18

ProPlaintiff.ai Announces Strategic Investment from Christopher Stark, Co-Founder of Freestar

Stark joins as strategic advisor, bringing a decade of tech company scaling experience to the AI-native legal platform Personal injury law firms can reduce administrative work with ProPlaintiff.ai, an AI-native case management platform that helps automate demand letters, generate medical chronologies, analyze evidence, and streamline case management from intake to settlement. Firms using the platform report up to an 80% increase in efficiency without adding headcount. Learn more at https://www.p