Philippines Business News

Sun Gaming and Hospitality and The Sourcing Exchange Announce Strategic Partnership

Sun Gaming and Hospitality and The Sourcing Exchange Announce Strategic Partnership to Transform Global Procurement LAS VEGAS, July 14, 2026 (GLOBE NEWSWIRE) -- Sun Gaming and Hospitality (SG&H), a global advisory firm led by renowned gaming executive Bobby Soper, has partnered with The Sourcing Exchange, a next-generation procurement intelligence platform. This strategic alliance is designed to transform procurement from a traditionally reactive function into a strategic driver of cost savings

NFI Announces Pricing of C$350 million Senior Unsecured Notes Offering and Amendment and Extension of Existing Senior Credit Facilities

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES WINNIPEG, Manitoba, July 14, 2026 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. ("NFI” or the "Company”), a leading manufacturer of buses and motorcoaches and a provider of comprehensive aftermarket parts and service solutions, today announced that it has entered into an underwriting agreement to issue and sell C$350 million aggregate principal amount of senior unsecured notes due 2033

Localized thunderstorms prevail over Metro Manila, rest of PH

MANILA, Philippines – Localized thunderstorms have been prevailing over Metro Manila and the rest of the country, bringing partly cloudy to overcast skies with isolated downpours, the state weather bureau said on Wednesday. Meanwhile, the southwest monsoon, locally known as habagat, has weakened, affecting only the western section of Northern Luzon, weather specialist Chenel Dominguez said. In its 5 a.m. advisory, the Philippine Atmospheric, Geophysical and Astronomical Services Administra

SHARP Leadership Academy Completes First International Governance Intelligence Pilot with Swiss Innovation Firm Syntezia Sàrl

Pilot demonstrates how Ethical Infrastructure™, Governance Intelligence, and Leadership Activation can strengthen organizational trust, responsible AI governance, and institutional integrity SOUTH SURREY, British Columbia, July 14, 2026 (GLOBE NEWSWIRE) -- SHARP™ Leadership Academy, the flagship governance intelligence and leadership development initiative of Sharp Mind, Sharp Style Strategy Inc., today announced the successful completion of its first international Governance Intelligence Pilot

At least 6 killed in Brussels building fire

BRUSSELS — At least six people were killed and two injured in a fire on Tuesday at a building being renovated in downtown Brussels. Authorities in the Belgian capital said that their bodies had been found in an elevator at the site. The fire started on the second floor of the building in a main shopping area, and the flames spread into a lift shaft, said Brecht Speybrouck, a spokesperson for the Labor Audit Office. He said that 250 workers at the site were evacuated. First responders strug

Adrienne Wilkerson of Beacon Media + Marketing to Speak at Recovery.com Marketing Summit in Madison, WI

Beacon Media + Marketing's Co-Founder and CEO will join industry leaders at The Madison Concourse Hotel to discuss the shifting digital marketing landscape for behavioral health providers. Anchorage, AK, July 14, 2026 (GLOBE NEWSWIRE) -- Adrienne Wilkerson, Co-Founder and Chief Executive Officer of Beacon Media + Marketing, will speak on the panel "What Top Agencies Are Seeing" at the 2026 Recovery.com Marketing Summit, held July 20-22, 2026, at The Madison Concourse Hotel in Madison, Wisconsin.

Corporate Event Planning in New York Needs One Accountable Partner

EMRG Media has produced more than 1,100 corporate events in New York over 25 years.EMRG Media keeps every corporate event on one accountable team, from the venue contract to the run of show, with no subcontracted handoffs.EMRG Media plans executive retreats, leadership conferences, galas, and client summits, and produces The Event Planner Expo, a 2,000-attendee gathering in New York each October.New York, NY, July 14, 2026 (GLOBE NEWSWIRE) -- EMRG Media has produced more than 1,100 corporate eve

Northrop Grumman Breaks Ground on New Facility to Support Strategic Deterrence and Advanced Aerospace Missions in Utah

As the largest defense contractor in Utah, the company marks a pivotal moment for growth, aerospace innovation and national defense investment ROY, Utah, July 14, 2026 (GLOBE NEWSWIRE) -- Northrop Grumman (NYSE: NOC) broke ground on a new building at its expansive Roy Innovation Center (RIC), the central campus tailor-made to develop the U.S. Air Force Sentinel Intercontinental Ballistic Missile (ICBM) program and other critical aerospace and defense missions. Northrop Grumman’s investment to ex

Atlas One Capital Corporation Announces Letter of Intent for Qualifying Transaction with Ramsden Metals Inc.

Toronto, Ontario, July 14, 2026 (GLOBE NEWSWIRE) -- Atlas One Capital Corporation (TSXV: ACAP.P) (the "Corporation” or "Atlas One”), a capital pool company listed on the TSX Venture Exchange ("TSXV”), has entered into a binding letter of intent with Ramsden Metals Inc. ("Ramsden Metals”) dated July 12, 2026 (the "Letter of Intent”) in respect of a proposed business combination transaction pursuant to which Atlas One will acquire all of the issued and outstanding securities of Ramsden Metals (the

26 Meta employees sue over AI-driven layoffs

A group of 26 Meta employees has sued the company, claiming it used artificial intelligence systems to select people for layoffs, disproportionately targeting those on medical, parental or family leave. They are among the 8,000 employees, or about 10% of its workforce, Meta said it would lay off in May. The lawsuit filed late Monday in federal court in Oakland, California, claims the company used internal AI systems, keystroke and activity-monitoring data, AI token-usage dashboards and algorithm

Beeline to Host Stakeholder Update Call on Q2 2026 Financial Results

PROVIDENCE, R.I., July 14, 2026 (GLOBE NEWSWIRE) -- via IBN - Beeline Holdings, Inc. (NASDAQ: BLNE), the fast-growing digital mortgage platform redefining the path to homeownership, today announced it will host a stakeholder update call on the results of the second quarter of 2026 on Thursday, Aug. 13, 2026, at 5 p.m. ET. The call will be hosted by Nick Liuzza, Chief Executive Officer, and Chris Moe, Chief Financial Officer, who will review the company's performance and provide updates on ongoin

Churchill Capital Corp IX Announces its Intention to Liquidate

New York, New York, July 14, 2026 (GLOBE NEWSWIRE) -- Churchill Capital Corp IX (NASDAQ: CCIX) (the "Company”), a publicly traded special purpose acquisition company, today announced that its board of directors (the "Board”) has determined to redeem all of its outstanding Class A ordinary shares, par value $0.0001 per share ("Class A Ordinary Shares”), sold in its initial public offering (the "public shares”) because the Company is unable to complete an initial business combination by the deadli

Trump says Iran talks held on Tuesday, strikes to continue until deal is reached

AI, global competition force Philippines’ IT-BPM industry to cut targets

THE PHILIPPINE information technology-business process management (IT-BPM) industry slashed its revenue and employment targets for 2028, citing the rapid adoption of artificial intelligence (AI) and intensifying global competition.

Marcos: MTerra Solar to power over 2.4 million households by 2027

PRESIDENT Ferdinand R. Marcos, Jr. on Tuesday said the $4-billion MTerra Solar project in Central Luzon is expected to supply electricity to more than 2.4 million households by 2027, as the government steps up investments in renewable energy to reduce the country’s dependence on imported fossil fuels. “Last year alone, coal accounted for 57% of […]

Philippine banks’ assets soar to all-time high

THE PHILIPPINE BANKING industry’s assets jumped to an all-time high as of end-May amid stable deposit inflows, continued financing for households and businesses, and higher investment holdings, data from the Bangko Sentral ng Pilipinas (BSP) showed.

BSP: 2028 digital payment goal achievable following zero transfer fees

THE PHILIPPINES is still on track to achieve its digital payment target by 2028, as banks and electronic wallet providers waive or cut transfer fees, the Bangko Sentral ng Pilipinas (BSP) said. “Yes, yes. We will continue to plow along until we reach that goal,” BSP Deputy Governor Mamerto E. Tangonan told Money Talks with […]

AboitizPower eyes P8.44-billion Ilocos wind farm

ABOITIZ POWER CORP. (AboitizPower) is seeking to develop a P8.44-billion wind farm in Bangui, Ilocos Norte, according to documents filed with the Department of Environment and Natural Resources (DENR). Luzon Cleanergy Generation, Inc., a wholly owned subsidiary of Aboitiz Renewables, Inc., has proposed to develop a 132.8-megawatt (MW) wind power project, based on documents submitted […]

Airport operator to develop 759-hectare Clark AeroDistrict

LUZON International Premiere Airport Development Corp. (LIPAD), the operator of Clark International Airport, is planning a 759-hectare aviation, logistics, and business hub, with a master plan due by yearend as it seeks to transform the airport into a broader economic gateway.

GT Capital receives inaugural ‘A-’ issuer rating from Japan’s JCR

GT CAPITAL Holdings, Inc. has received an inaugural “A-” foreign currency long-term issuer rating with a stable outlook from the Japan Credit Rating Agency, Ltd. (JCR), which cited the conglomerate’s business portfolio, cash flow, and financial position. In its credit report, JCR said the rating was based on GT Capital’s “strong business foundation, stable cash […]

AirAsia Philippines seeks to sustain on-time performance after June global ranking

PHILIPPINES AIRASIA, INC. (AirAsia Philippines) is seeking to sustain its operational reliability after ranking as the world’s fourth most punctual airline in June, posting an on-time performance (OTP) of 92.96%, according to global aviation data provider OAG Aviation. “Beyond offering affordable and accessible fares, reliability has always been at the core of AirAsia’s DNA,” AirAsia […]

Disco nostalgia returns onstage

OVER FOUR decades since two movies came out based on songs by OPM legend Hotdog — Bongga Ka, ’Day! (1979) and Annie Batungbakal (1980), both starring Nora Aunor — a jukebox musical adaptation will hit the stage meant for both the young and young at heart.

Hotel operators expand VisMin portfolios through 2029

HOTEL OPERATORS are expanding their portfolios across the Visayas and Mindanao through 2029, supported by resilient domestic tourism demand and improving occupancy rates despite the Philippines falling short of its foreign visitor target in 2025, according to a Colliers Philippines report. The property consultancy said improving occupancy rates and stronger domestic travel continue to underpin […]

Chile: A role model for the Philippine economy

This year, 2026, we will be celebrating the 80th anniversary of diplomatic relations between the Philippines and Chile.