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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

9321 articles across all sources

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PhilStar Business

EDC gets $5 billion offer from Indonesian group

After ceding control of its natural gas business, the Lopez family’s First Gen Corp. is now confronting a $5-billion takeover bid from Indonesia’s Barito Group for Energy Development Corp.

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PhilStar Business

GCash enters retail HMO market via KwikCare

E-wallet giant GCash has penetrated the health maintenance organization (HMO) market with a dedicated product for gig workers and part-time earners, accessible for just P995 a month.

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PhilStar Business

IFC commits $100 milllion to UnionBank’s first sustainability bonds

Aboitiz-led Union Bank of the Philippines is set to issue its first sustainability bond, with the International Finance Corp. (IFC) subscribing to $100 million to expand financing for small businesses and environmentally sustainable projects.

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PhilStar Business

Lalamove makes inroads into Middle East

Express courier Lalamove — a popular door-to-door transport in the Philippines — is expanding in the Middle East through Riyadh, hoping to bring to the region its success in Asia-Pacific.

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PhilStar Business

MTerra Solar’s high efficiency technology immersed in the community

“Reliable and affordable electriity for Filipinos, community-immersed energy project.

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PhilStar Business

MVP: Leader, nation-builder

On the day he turned 80, MVP Group chairman Manny V. Pangilinan traveled to Gapan, Nueva Ecija for MTerra Solar, the world’s largest integrated solar and battery energy storage facility – a project he truly believed will bring in not just clean energy but also transformative impact for many Filipinos.

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PhilStar Business

Philippines secures $6.78 million grant for climate investments

The Philippines has secured a $6.78-million technical assistance grant from the Green Climate Fund aimed at boosting the country’s capacity to access, develop and implement climate investments, the Department of Finance said.

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PhilStar Business

Philippines to gain from Indonesia’s nickel policy recalibration

The country’s nickel miners are looking to take advantage of Indonesia’s quota review to position itself as a stable source of nickel.

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PhilStar Business

PhilLife unveils new wealth solution

Philippine Life Financial Assurance Corp. (PhilLife), a member of the Philippines First Insurance Group, has rolled out PhilLife Certi5, its latest wealth-building solution that addresses a growing demand for a financial “middle ground” – investment vehicles that shield original capital while delivering predictable, guaranteed returns.

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PhilStar Business

Remittances inch up 2% to $2.71 billion in May

Cash remittances from overseas Filipino workers grew by two percent to $2.71 billion in May from $2.66 billion a year earlier, sustaining annual growth even as momentum remained subdued.

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PhilStar Business

RLC boosting REIT after P10.6 billion asset infusion

Gokongwei-led real estate developer Robinsons Land Corp. is prepared to proceed with the next batch of asset infusions into its real estate investment trust company, RL Commercial REIT Inc. (RCR), following a P10.62-billion deal announced last month.

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PhilStar Business

Stocks rebound as ICTSI first to hit P2 trillion market cap

Investors yesterday went on a buying spree of blue chip shares to flip the local stock market back to growth mode, stopping a two-day bleeding.

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Manila Times Business

Venezuelan fashion house stitches body bags for quake victims

MARACAY, Venezuela — Seamstresses at Venezuelan fashion label By Efrain Mogollon are used to making colorful dresses with ruffled sleeves and elegant draped skirts, but these days they face a grim task: making body bags for thousands of quake victims. They never thought they would be making something so morbid, but like other Venezuelan operations, their workshop has shifted priorities following the 7.2- and 7.5-magnitude earthquakes that struck on June 24. With over 4,700 people killed an

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Manila Times Business

FOXLINK GROUP LAUNCHES ITS FIRST U.S. AI FACTORY IN FORT WORTH, TEXAS, MARKING STRATEGIC SHIFT FROM EMS TO AI-POWERED MANUFACTURING

Fort Worth facility marks a defining step in Foxlink's transformation from a traditional EMS provider to a global AI Factory operator FORT WORTH, Texas, July 15, 2026 /PRNewswire/ -- Foxlink Group announced yesterday (July 14, 2026) the official launch of its new facility in Fort Worth, Texas, as the company's first AI Factory in the United States. The facility marks the starting point for bringing Physical AI onto the production floor, a defining step in Foxlink's ongoing transformation from a

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Manila Times Business

Kapunan answers Cayetano: Call for restraint applies to senator-judges

Private prosecutor Lorna Kapunan on July 15, 2026 responds to Senator-Judge Alan Peter Cayetano’s call for parties to air their opinions outside the impeachment court, saying the same standard of restraint and balance should also apply to senator-judges. VIDEO BY JAMES DANIO

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Manila Times Business

Did Duterte violate sub judice rule? Defense says it's up to Senate impeachment court to decide

The Defense team on Wednesday said that it is up to the Senate impeachment court to determine whether Vice President Sara Duterte violated the sub judice rule after she issued a statement on the fifth day of the impeachment trial. VIDEO BY CATHERINE VALENTE

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Manila Times Business

Defense 'shifting gears' as Senate impeachment court sets to tackle Duterte's confidential funds

The Defense team on Wednesday said it is shifting its strategy in the impeachment trial against Vice President Sara Duterte after the Senate impeachment court grants the request for subpoena to the three witnesses on the alleged misuse of confidential funds during her tenures at the Office of the Vice President (OVP) and the Department of Education (DepEd). VIDEO BY CATHERINE VALENTE

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Manila Times Business

Kering: Romain Spitzer appointed Chief Executive Officer of Bottega Veneta

Kering - Press release - Romain Spitzer appointed Chief Executive Officer of Bottega Veneta PRESS RELEASE July 15, 2026ROMAIN SPITZER APPOINTED CHIEF EXECUTIVE OFFICER OF BOTTEGA VENETA Kering is pleased to announce the appointment of Romain Spitzer as Chief Executive Officer of Bottega Veneta, effective September 1, 2026. Reporting to Luca de Meo, Chief Executive Officer of Kering, he will be based in Milan and will join the Group’s Executive Committee. Romain Spitzer brings more than thirty ye

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Manila Times Business

Advanced Serial Therapeutic Plasma Exchange (TPE) Expands to Dallas-Fort Worth with New MDLifespan Location in Southlake

MDLifespan opens its newest location inside Dynamic Life Health Center and announces a free "Surviving a Toxic World” educational series on August 7th, available live or on-demand MDLifespan Dallas/Ft. Worth MDLifespan, the leader in Advanced Serial Therapeutic Plasma Exchange (TPE) focused on reducing environmental toxins and chronic inflammation, announced the opening of its newest Dallas-Fort Worth location inside Dynamic Life Health Center at 190 S Peytonville Ave #120, Southlake, Texas 7609

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Manila Times Business

GL Communications Introduces PacketScan Web™ for Browser-Based Packet Analysis

GAITHERSBURG, Md., July 15, 2026 (GLOBE NEWSWIRE) -- GL Communications Inc. introduces PacketScan Web™, a browser-based packet analysis solution designed for centralized packet capture, protocol decoding, traffic monitoring, deep packet inspection, and network troubleshooting across enterprise, telecom, cloud, data center and 5G networks. As enterprise, telecom, cloud and 5G infrastructures grow in size and complexity, network engineers must analyze increasing volumes of packet data across geogr

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Manila Times Business

Premergy Announces Corporate Transformation, Strategic Initiatives and Commercialization Roadmap for Advanced Battery Management Platform

PORT JEFFERSON, N.Y., July 15, 2026 (GLOBE NEWSWIRE) -- Innovative Holdings Alliance, Inc. (OTCID: IHAI), the parent company of Premergy, today provided shareholders with a comprehensive corporate update highlighting significant progress in the Company's transformation into an advanced energy technology company focused on battery management, intelligent power optimization and intellectual property monetization. The Company is filing to change its corporate name to Premergy, aligning its public i

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Manila Times Business

Treasury Bond Auction Announcement - RIKB 38 0215 - RIKS 29 0917

SeriesRIKB 38 0215RIKS 29 0917ISINIS0000037265IS0000037711Maturity Date02/15/203809/17/2029Auction Date07/17/202607/17/2026Settlement Date07/22/202607/22/202610% addition07/21/202607/21/2026 On the Auction Date, between 10:30 am and 11:00 am, the Government Debt Management will auction Treasury bonds in the Series, with the ISIN numbers and with the Maturity Dates according to the table above. Payments for the Treasury bonds must be received by the Central Bank before 14:00 on the Settlement Dat

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Manila Times Business

Mammoth Freighters Selects STAECO to Establish 777 Conversion Capability in Qingdao, China

FORT WORTH, Texas, July 15, 2026 (GLOBE NEWSWIRE) -- Mammoth Freighters LLC today announced it will expand its 777 freighter conversion operations to Qingdao, China, and has selected STAECO as its newest conversion MRO provider following a Request for Proposal process. The expansion comes in response to growing demand for widebody freighter capacity in China and across the Asia-Pacific region. Mammoth plans to open one conversion line at STAECO's new Qingdao facility in September 2026, complemen

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Manila Times Business

Synido Launches TempoKEY K32 Play: 32-Key MIDI Controller With Built-In Sound For Beginners & Bedroom Beatmakers

Shenzhen, Guangdong Province, China, July 15, 2026 -- Synido announced the TempoKEY K32 Play, a compact MIDI keyboard designed for creators who want to make music anywhere without being tethered to a computer. Offering 32 velocity-sensitive mini keys, a built-in sound module with 128 instrument voices and 10 drum kits, onboard speaker, and Bluetooth MIDI connectivity, the K32 Play removes barriers between inspiration and creation. The K32 Play is built for musicians, producers, and content creat

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