Philippines Business News

1Life, Singapore Diagnostics expand free lab testing for PhilHealth members

Healthtech social enterprise 1Life, Inc. has partnered with Singapore Diagnostics (SGD) to provide free laboratory tests to PhilHealth members enrolled in the Yaman ng Kalusugan Program (YAKAP), a move aimed at improving access to preventive healthcare services across the country. Under the partnership, YAKAP patients under 1Life may avail of nine diagnostic tests at no […]

Allianz PNB Life at 10 commits to earning Filipinos' trust every day

AS it celebrates its decade-long service in the Philippines this 2026, Allianz PNB Life (Allianz) reiterates its commitment to serving Filipino families and honoring their trust. "This year, Allianz PNB Life Insurance celebrates an important milestone. We are 10 years in the Philippines. We could not have achieved this without the support of our stakeholders – especially our customers. I extend my heartfelt gratitude for your support and trust in this company. This trust is based on our co

Second Quarter Report 2026

SERSTECH GROUP, 1 APRIL - 30 JUNE 2026 Net sales amounted to KSEK 9 658 (4 563)EBITDA amounted to KSEK -2 426 (-9 041)EBIT amounted to KSEK -5 275 (-11 158)Cash flow from operating activities amounted to KSEK -4 529 (-11 631)Earnings per share amounted to SEK -0.02 (-0.04)Earnings per average number of shares amounted to SEK -0.02 (-0.04) SERSTECH GROUP, 1 JANUARY - 30 JUNE 2026Net sales amounted to KSEK 16 184 (24 455)EBITDA amounted to KSEK -6 704 (-8 370)EBIT amounted to KSEK -11 790 (-12 495

Bank of Canada holds rates steady as economy shows improvement

U.S. headline producer inflation posts first one-month decrease since August 2025

PHL leads SEA in Gemini customer support use; only market with majority female users

The Philippines uses Google’s Gemini for customer support activities at nearly three times the Southeast Asian regional average, while also standing out as the only country in the region where women make up the majority of the platform’s users, according to a new Gemini report. In the first-ever Gemini Report: Southeast Asia 2026, released on […]

Digital infrastructure gains must be matched by education reforms — consumer group

A consumer advocacy group is urging the government, telcos and educational institutions to synchronize digital infrastructure expansion with education reforms.

Senators push probe into rising electricity bills

Senators seek probe on rising electricity costs.

OFW cash remittances slump to a one-year low in May

By Katherine K. Chan, Reporter MONEY sent home by migrant Filipinos fell to its lowest level in a year in May, with the annual growth steadying from the prior month, preliminary Bangko Sentral ng Pilipinas (BSP) data showed. Cash remittances from overseas Filipino workers (OFWs) rose by 2% year on year to $2.713 billion in […]

Dolmar Land unveils Legacia: New heritage-inspired community breaks ground in Baliwag

Backed by nearly 55 years of trusted property development, Dolmar Land introduces a new community designed for modern Filipino living.

[In This Economy] Why Singapore moves while Metro Manila doesn’t

Singapore’s exemplary rail system did not spring from wealth alone. Instead, it sprang from meticulous planning and continuity.

After income upgrade, what investors are waiting for Philippines to fix

The Philippines must fix infrastructure, governance gaps, advisers say.

Puregold OPM Con Generations 2026 fills the Big Dome in celebration of OPM across generations

Puregold’s OPM Con Generations 2026, spurred by a high-spirited full-house crowd at the Big Dome, recently delivered Original Pilipino Music’s (OPM) biggest and boldest celebration yet with a lineup featuring some of the country’s most sensational names in music. Held on July 11 at the Araneta Coliseum, OPM Con knocked it out of the park […]

What Sara Duterte’s traveling BIR box says about Philippine tax secrecy

Oral arguments on House prosecutors' request to subpoena the bank records of Vice President Sara Duterte are scheduled on Wednesday, July 15

ASML, Inflation boost, Earnings roll on - What’s moving markets

UFV's Peace and Reconciliation Centre earns international award for community partnership

PARC receives Silver CASE Circle of Excellence Award and is recognized as the highest-ranked initiative from Western Canada and the Pacific Northwest in its category. Beyond Blankets at UFV Participants take part in Beyond Blankets: A Stó:lō Lands Exercise at the Gathering Place on UFV's Chilliwack campus. The immersive learning experience is one of several initiatives led through UFV's Peace and Reconciliation Centre. Dr. Keith Carlson Dr. Keith Carlson is director of UFV's Peace and Reconcilia

707 Cayman Holdings Effects a Share Consolidation on July 14, 2026

HONG KONG, July 14, 2026 (GLOBE NEWSWIRE) -- 707 Cayman Holdings Limited ("707” or the "Company”) (Nasdaq: JEM), a Hong Kong-based company that sells quality apparel products and provides supply chain management total solutions, today announced that the outstanding shares of the Company have been consolidated on a 12 for 1 ratio with the marketplace effective date of July 14, 2026. The objective of the share consolidation is to ensure the Company’s ongoing compliance with Nasdaq Marketplace Rule

Zhuhai Lianzhou Airport Opens Drone Training for HK and Macau Talents, Targeting GBA's RMB 300 Billion Low-Altitude Market

ZHUHAI, China, July 15, 2026 (GLOBE NEWSWIRE) -- The first cross-border drone pilot training program specifically tailored for Hong Kong and Macau residents has officially commenced at the Zhuhai Lianzhou Airport Drone Training Base. The inaugural cohort of students has begun intensive weekend training, aiming to acquire professional qualifications and capture emerging opportunities within the Greater Bay Area's (GBA) rapidly growing low-altitude economy. As the drone industry evolves, the role

Monport Highlights the Growing Shift from Hobby Lasers to Production-Ready Desktop CO2 Laser Systems with the MEGAS

CHICAGO, July 15, 2026 /PRNewswire/ -- As more makers and small businesses expand into commercial production, Monport today highlighted the MEGAS 70W Desktop CO2 Laser Engraver & Laser Cutter as part of the industry's shift toward production-ready desktop laser systems. Designed to support growing businesses, the MEGAS combines higher laser power, workflow automation, and a compact footprint for users seeking to increase production capacity without moving to larger industrial equipment. The anno

Canfor announces closure of Northwood Pulp Mill

VANCOUVER, British Columbia, July 14, 2026 (GLOBE NEWSWIRE) -- Canfor Corporation (TSX:CFP) today announced the permanent closure of its Northwood pulp mill in Prince George, British Columbia. This closure results in an annual reduction of about 300,000 tonnes of Northern Bleached Softwood Kraft (NBSK) from Northwood. Approximately 300 employees in Prince George are directly impacted. The pulp and paper sector continues to face significant challenges, including a structural shift in global pulp

Family friend to referee? SEC’s Francis Lim has peace plan for Lopez war.

'I don’t want them to be washing their dirty linen in public,' says SEC chair Francis Lim, a longtime Lopez family friend now trying to restore some dignity to a Philippine capital market made even messier by family drama

Spire Healthcare announced as exclusive Team GB Official Healthcare Services Partner

Spire Healthcare announced as exclusive Team GB Official Healthcare Services Partner Spire Healthcare today announces a new strategic partnership with Team GB, becoming the team’s exclusive Official Healthcare Services Partner through to the end of 2028, including the Los Angeles 2028 Olympic Games. Organisations join forces for "a healthier, more productive nation”Agreement with Team GB covers the Los Angeles 2028 Olympic Games LONDON, July 15, 2026 (GLOBE NEWSWIRE) -- Spire Healthcare today an

"Time is up for Dexterra”: SEIU Local 2 issues second Unfair Labour Practice complaint about the company

VANCOUVER and TORONTO, July 14, 2026 (GLOBE NEWSWIRE) -- SEIU Local 2 has now filed two unfair labour practice complaints against Dexterra Group, one in British Columbia and the other in Ontario, raising critical questions about whether public agencies should continue its relationship with the cleaning contractor. "Taken together, the two complaints paint a troubling picture of a company facing allegations of undermining workers' rights in two of Canada's largest public transit systems,” said Sa

GraniteShares 2x Long LCID Daily ETF (Nasdaq: LCDL) Fund Delisting - Negative NAV

New York, July 14, 2026 (GLOBE NEWSWIRE) -- GraniteShares Advisors LLC ("GraniteShares") announces that, following market movements in Lucid Group Inc. (LCID), the GraniteShares 2x Long LCID Daily ETF (Nasdaq: LCDL) (the "Fund") closed out its entire LCID position today at a loss that caused its net asset value to become negative. As a result, GraniteShares will initiate the delisting of the Fund from NASDAQ Stock Market LLC. Contact: info@graniteshares.com Important Information Investors should