Philippines Business News

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.

Lost in fields of flowers: Art as an emotional landscape

ARTISTS are drawn to explorations of the beauty, tension, and quiet chaos that come with personal growth. At Provenance Art Gallery in Rockwell, on display is the emotional landscape of a woman feeling the pressures of caring for her father and her children. Into the Unseen Garden, an exhibit of paintings by Solenn Heussaff, reflects […]

BTr rejects all bids for T-bonds as market asks for higher yields

THE GOVERNMENT rejected all bids for the reissued Treasury bonds (T-bonds) it offered on Tuesday amid weak demand and as players asked for higher yields due to lingering geopolitical concerns. The Bureau of the Treasury (BTr) did not award the reissued 10-year bonds it auctioned off as total demand reached just P18.057 billion, below the […]

SEC’s proposed CRA overhaul seen boosting corporate bond market

THE Securities and Exchange Commission’s (SEC) proposed overhaul of rules governing credit rating agencies (CRAs) could become one of the country’s more significant capital market reforms by strengthening investor confidence, encouraging more companies to tap the bond market, and supporting its long-term development, according to an analyst. Toby Allan C. Arce, head of sales trading […]

The arbitral award as a living mandate: The continuing fight for the West Philippine Sea and the rule of law

Numerous sectors commemorated the 10th anniversary of the ruling of the Permanent Court of Arbitration on the Philippine petition on the South China Sea last Sunday. Government agencies and civil society, including academic and artist communities, had their own ways of remembering the arbitral ruling that should have settled the issue of the West Philippine […]

Exhibit tackles the past, present, and future of Korea’s hanbok

FILIPINOS are familiar with Korean culture. From K-pop to samgyupsal, Korea’s influence can be felt in many aspects of everyday life in the Philippines. As these cultural touchpoints continue to take root, so too does curiosity about Korea’s history and traditions increase.

Global Dominion Financing books 10% profit increase on broad-based growth

GLOBAL Dominion Financing, Inc. (GDFI) recorded a 10% increase in its 2025 net income, driven by broad-based growth. The financing company’s net profit went up to P882 million last year from P799 million in 2024, it said in a statement on Tuesday. Return on equity was at 32% as of end-2025. This came as total […]

PSE to drop Robinsons Retail from three indices on July 16

THE Philippine Stock Exchange (PSE) will remove Robinsons Retail Holdings, Inc. (RRHI) from the PSE Dividend Yield Index, PSE MidCap Index, and Services Index effective July 16 after the retailer’s trading was suspended following the completion of its tender offer ahead of its voluntary delisting. RRHI’s removal will temporarily reduce the number of constituents in […]

Platform aims to boost visibility of Filipino apps

A PLATFORM created by a Filipino software developer aims to help local app makers gain visibility as artificial intelligence (AI) lowers barriers to software development and fuels a surge in new applications.

Peso slides to one-month low on ME conflict

THE PESO sank to an over one-month low against the dollar on Tuesday as global crude oil prices spiked amid re-escalating tensions in the Middle East (ME). The currency dropped by 11.1 centavos to close at P61.71 versus the greenback from P61.599 on Monday, data published on the Bankers Association of the Philippines’ website showed. […]

AboitizPower to develop P8.4 billion Ilocos wind farm

Aboitiz Power Corp., the country’s leading power producer, is spending roughly P8.4 billion to construct a massive wind project in Bangui, Ilocos Norte.