Philippines Business News

Hong Kong Hosts Lions International Convention for the Third Time

Over Ten Thousand International Delegates Gather in Hong Kong Confirming City’s Status as World’s Meeting Place HONG KONG SAR - Media OutReach Newswire - 4 July 2026 - The Hong Kong Tourism Board is proud to support the 108th Lions International Convention 2026 in Hong Kong. Having previously hosted the convention in 1992 and 2005, Hong Kong has once again been chosen by Lions Clubs International as the venue for its flagship event, attracting around 17,000 delegates from across the globe. Hong

King is back: Conor McGregor is the new 1xBet ambassador

SOME names change the game, and Conor McGregor is one of them. Online gaming company1xBet announces a partnership with the first-ever UFC champion to hold titles in two weight classes simultaneously, a global sports superstar, and the man who forever changed the world of mixed martial arts. McGregor’s charisma, flamboyant persona and spectacular fighting style have made the UFC a world-class promotion in the combat sports industry. The Irishman’s bouts against José Aldo, Nate

8990 Holdings Annual Stockholders Meeting set for July 27 via online

Maya to cut InstaPay transfer fee to P10

Digital bank Maya is lowering its InstaPay transfer fee to other banks from P15 to P10, joining a growing number of financial institutions reducing the cost of electronic fund transfers.

Excommunicated Catholic society defends role in letter to Pope

MANILA, Philippines — The Society of Saint Pius X (SSPX), which was excommunicated by the Vatican in what was described as the Catholic Church’s “biggest schism in 156 years” wrote to Pope Leo XIV defending their role in the church late on Friday According to the letter written by Don Davide Pagliarani the SSPX’s superior general, the Switzerland-based Catholic society got the information regarding its excommunication and which was now a “matter of public know

Watch : Palace to Sara : Show up in impeachment trial to clear name

Malacañang on July 3, 2026 (July 4 in Manila) says that Vice President Sara Duterte should show up in her impeachment trial to clear her name, stressing that due process includes facing allegations in the proper forum. In a press conference in Vancouver, Palace Press Officer Claire Castro said the impeachment trial would demonstrate Duterte's ability to respond to allegations and face witnesses should she attend the trial in person. VIDEO BY CATHERINE VALENTE Check out our Streaming Chann

Avaricio, LPGT aces face new test at Pradera Verde

MANILA, Philippines — Fresh off a stirring comeback victory in the mountains of Baguio, Chanelle Avaricio now faces an entirely different challenge as the Ladies Philippine Golf Tour shifts to the plains of Pampanga for the ICTSI Pradera Verde Championship beginning Tuesday in Lubao. Gone are the tight fairways, uneven lies and demanding elevation changes of Pinewoods Golf Club. In their place is the sprawling, relatively flat Pradera Verde Golf and Country Club – a layout that appea

NBI, House security officials prosecution's first witnesses in Duterte impeach trial

MANILA, Philippines — Officials of the National Bureau of Investigation (NBI) and a security executive at the House of Representatives are the prosecution team's first witnesses during the first week of the impeachment trial of Vice President Sara Duterte, which opens on Monday at the Senate, that will be acting as an impeachment court. In a manifestation filed on July 3, the prosecution said NBI Regional Director Jeremy Lotoc and Senior Agent Mark Calilung and Belinda Bello, House Office

DA clears P727-million Zambales farm-to-market road

The proposed P727-million Baloganon-Sitio Coto, Taltal farm-to-market road has been cleared for implementation by the agriculture department.

Watch : Palace Efforts to locate Zaldy Co continues despite graft case archiving

Efforts to locate former Ako Bicol Party-list representative Zaldy Co continues, Malacañang assures the public on July 3, 2026 (July 4 in Manila), after the Sandiganbayan archived the criminal case against the fugitive lawmaker. Speaking to reporters here, Palace Press Officer Claire Castro said that the legal process remained in effect despite the temporary suspension of proceedings. Co has been wanted by authorities since last year for his alleged involvement in the flood control scam.

Alex Eala seeks to extend historic Wimbledon run

MANILA, Philippines — Seeking to extend her Wimbledon run, Alex Eala faces defending champion Iga Swiatek in the third round at the All England Lawn Tennis and Croquet Club Center Court on Saturday. The round of 32 match is set at 8:30 p.m. Eala became the first Filipino player to reach the third round of a Grand Slam after dispatching Maya Joint, 3-6, 6-2, 6-0, last Thursday. World No. 32 Eala and No. 3 Swiatek split their last two matches. The Filipino netter won their first clash, 6-2,

Watch : Palace : Marcos won't interfere in plunder case vs Marcoleta

Malacañang on July 3, 2026 (July 4 in Manila) says President Ferdinand Marcos Jr. will not interfere in the plunder charges filed against Sen. Rodante Marcoleta by the Office of the Ombudsman, as the executive branch respects the principle of separation of powers. Palace Press Officer Claire Castro said during a press conference in Vancouver that government agencies, including investigating bodies and courts, would continue to fulfill their mandate independently despite external pressures

Missed free throws haunt Gilas in 2OT loss to New Zealand

MANILA, Philippines — So near, yet so far. That’s what Gilas Pilipinas coach Tim Cone felt after seeing the Philippine team suffer a heartbreaking 106-102 loss to New Zealand in their FIBA World Cup 2027 Asian Qualifers on Friday at the Spark Arena in Auckland. The Filipinos fought with all their might, led by youngsters Juan Gomez De Llano, Kevin Quiambao and Carl Tamayo, who surprisingly carried the scoring cudgels all game long as naturalized player Justin Brownlee was held down t

Watch : Marcos woos Canadian investors

President Ferdinand Marcos Jr. on July 3, 2026 (July 4 in Manila) courts top executives from several Canadian firms to explore opportunities for investment, sustainable resource development, and strengthened cooperation in the mining and energy sectors. Marcos, along with Cabinet secretaries, met with the executives of Canadian gold mining firms B2Gold Corporation and OceanGold Corporation at Fairmont Pacific Rim in Vancouver, Canada. The President also led a roundtable discussion on mining, cri

Belgian diamond group that won tariff relief gifted Trump a lavishly encrusted ring

BRUSSELS — Dozens of diamonds spell out two giant letter T's next to the Stars and Stripes and “1776” and “2026.” Dozens more frame the numbers 45 and 47 in the shape of Superman’s logo. A diamond-winged eagle carries a ruby shield and clutches an olive branch of emeralds, below a radiant “250” and atop the phrase “250 YEARS USA” etched in 18-karat gold. All told, 321 diamonds, 56 sapphires, 13 emeralds and six rubies encrust the watch-

Putin shrugs off fuel shortages in Russia as he ramps up attacks on Ukraine

Despite severe fuel shortages across Russia, President Vladimir Putin appears unbothered by Ukraine’s increasing attacks on his country’s oil refineries. He has shrugged off the setback for one of the world’s leading oil-producing nations as "not critical,” dismissed ceasefire proposals and insisted the war will continue until his goals are met. Putin has described the attacks on Russian energy as an effort by Ukraine to distract attention from its losses on the battlefie

Iran begins daylong funeral for the late Supreme Leader Ayatollah Ali Khamenei, killed in war

TEHRAN, Iran — Iran began a dayslong funeral Saturday for the late Supreme Leader Ayatollah Ali Khamenei, months after an airstrike killed him at the start of the war. He was 86. Authorities unveiled the casket containing Khamenei’s body in a glass case at the Grand Mosalla in Tehran, Iran’s capital. Mourners wept at the sight, with some chanting: “Our word is one! Revenge! Revenge!” Some carried banners and flags, while billboards across the city bore Khamenei&rsqu

Swiatek faces Eala test at Wimbledon

LONDON — Reigning singles champion Iga Swiatek faces Filipina history-maker Alexandra Eala while Serena and Venus Williams team up in the women's doubles at Wimbledon on Saturday for the first time since winning their sixth title 10 years ago. Eala-Swiatek head-to-head 1-1 Swiatek made a statement to her title rivals by swatting aside former world number one Karolina Pliskova in the second round for the loss of just four games. She next resumes her burgeoning rivalry with Eala first up on

Extreme heat bears down as America 250 celebrations ramp up. Trump speaks at Mount Rushmore

WASHINGTON, D.C. — Festivities commemorating the 250th anniversary of American independence ramped up across the United States on Friday as demonstrations of national pride — and hints of political polarization — were balanced with efforts to stay safe as much of the country baked under extreme heat. President Donald Trump spoke from Mount Rushmore, where he called the holiday “one of the most extraordinary days in the history of the world.” The sound of fighter jet

France faces high-stakes budget battle as fiscal risks mount

RCBC made InstaPay transfers free, with conditions. BSP isn’t impressed.

RCBC joined the zero-fee wave, but its 30-transfer cap has caught the BSP's attention, with a top official saying the setup doesn't comply with the new rules

BofA highlights FX intervention impact on reserves and central bank balance sheets

[Vantage Point] PNCC’s great puzzle: Why delisting isn’t so simple

Something unusual is unfolding behind closed doors involving the Philippine National Construction Corporation (PNCC)

German local banks expand crypto trading to millions of retail customers