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Philippines Business News

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

9383 articles across all sources

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BusinessWorld

Green-lane investments topped P351 billion in 1st half, BoI says

THE Board of Investments (BoI) said it certified P351.02 billion worth of projects eligible for the “green lane” system of expedited permits in the first half. In a statement on Tuesday, the BoI said 17 projects have been endorsed to its One-Stop Action Center for Strategic Investments as of the end of June. These projects […]

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BusinessWorld

PNOC procurement of petroleum products paused by Energy dep’t

THE Department of Energy (DoE) said Philippine National Oil Co. (PNOC) will no longer procure petroleum products on an emergency basis for now, despite a renewed flareup of fighting in the Middle East. “I do believe there’s no need for PNOC to buy more because the international supply chain is now (functioning). The supply is […]

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BusinessWorld

Energy integration, supply chain shifts seen driving PHL industrial property growth

INDUSTRIAL DEVELOPERS in Southeast Asia need to integrate power solutions into their estate offerings to capture a growing wave of investment from semiconductor, data center, and advanced manufacturing firms, according to a report by Savills Philippines and T1 Project Services.

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BusinessWorld

User affordability to be guiding principle of agri PPP projects, PPP Center says

THE Public-Private Partnership (PPP) Center said user affordability will be one of the key criteria for any agriculture project to be structured as a PPP.

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BusinessWorld

World Trade Center expansion receives additional P140M in funding from NDC

THE National Development Co. (NDC) said it allocated P140 million in additional funding for the P3-billion expansion of the World Trade Center (WTC) Metro Manila property in Pasay City. In a statement on Tuesday, NDC said it released an additional equity investment of P140 million to Manila Exposition Complex, Inc. (MECI), the company that owns […]

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BusinessWorld

UL Solutions tapped to boost product certification standards

THE Department of Trade and Industry (DTI) said it partnered with UL Solutions to help bring domestic product certifications up to international standards. In a statement on Tuesday, the DTI’s Bureau of Philippine Standards (BPS) said it signed a memorandum of understanding (MoU) with UL Solutions to enhance standards and technical information exchange, expand testing […]

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BusinessWorld

PHL lifts ban on Hungarian imports of animal products as FMD risk recedes

THE Department of Agriculture (DA) said it lifted the temporary ban on importing animals and animal products from Hungary after the apparent containment of a foot-and-mouth disease (FMD) outbreak there. The World Organisation of Animal Health’s Scientific Commission for Animal Diseases reinstated Hungary’s FMD-free status after reviewing a containment plan submitted by that country’s Ministry […]

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BusinessWorld

Easing oil prices could allow BSP to shift stance to ‘neutral’ — Manulife

STABILIZING global crude oil prices could give the Bangko Sentral ng Pilipinas (BSP) the green light to shift to a more “neutral” stance as inflationary pressures ease and the peso strengthens, Manulife Investment Management said. “Obviously, lower inflation would help in terms of policy concerns, and that if we did see oil start to roll […]

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Rappler Business

Starlink Wi-Fi coming to Cebu Pacific flights in 2027

Cebu Pacific would become Southeast Asia’s first low-cost carrier to offer Starlink on its flights, promising improved connectivity over traditional inflight Wi-Fi

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Rappler Business

Can AI reject your bank loan? What BSP’s ‘voluntary’ AI guidelines say

Banks and e-wallets may use AI to help make decisions, but the central bank says they must use 'well-prepared and well-representative' training data and keep humans 'ultimately accountable'

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PhilStar Business

Cebuana Lhuillier leads the next era of cross-border payments, unlocking stablecoin rails with Fireblocks

The two companies are building a next-generation payments platform leveraging blockchain technology to deliver faster, efficient, and more accessible financial services.

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PhilStar Business

Goodbye, SMS OTPs: Banks' move to safer checks and what it means for you

Your bank may soon stop texting OTPs. What comes after this?

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Manila Times Business

SJI-Bacolod keeps perfect record, One La Salle wins three in a row

MANILA, Philippines — Caera Celis and Edz Escultura served as St. John’s Institute-Bacolod’s one-two punch in downing guest team Perfect Set Dream Makers, 25-16, 25-15, for a third straight win in the 2026 Shakey’s Juniors National Invitationals on Tuesday at the Playtime FilOil Arena in San Juan. The Falcons remained unbeaten in three games and moved closer to claiming a spot in the Final Four of the tournament backed by Shakey’s Pizza Parlor, Peri-Peri Charcoal Ch

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Manila Times Business

Havila Kystruten AS: Trading Update June 2026

Operational Highlights June Occupancy reached 86%, up 11% from last June. Cabin nights increased by 14%.Average Cabin Revenue (ACR) increased by 5% compared to June 2025.Total ticket revenue increased by 19% compared to June last year.Operational onboard revenue grew by 20% compared to June last year.Booking Position 2026Solid position for 2026, with 71% of capacity booked - compared to 65% at the same time last year, around 7 percentage points (or 11% higher) ahead. We target +10% ACR growth ac

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Manila Times Business

ViCentra Appoints Ian Wells as Chief Financial Officer and Adds Medtech Veteran Tom West to its Board

Ian Wells, former Global Chief Financial Officer of HOYA Vision Care, appointed CFO, bringing multi-billion-dollar P&L leadership and capital-markets disciplineTom West, who led Intersect ENT to its $1.1 billion acquisition by Medtronic and Nalu Medical to its $600 million acquisition by Boston Scientific, joins as an Independent Board MemberAppointments build the financial and governance foundation for ViCentra’s next phase, following the recent scale-up of commercial manufacturing UTRECHT, The

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Manila Times Business

Clarivate Selected by Abes to Modernize French National Academic Library System

New cloud-based, shared and scalable platform based on Alma, Primo and Rapido creates a unified library experience Library services, resource sharing and AI-powered discovery in one platform LONDON, July 14, 2026 /PRNewswire/ -- Clarivate Plc (NYSE:CLVT), a leading global provider of transformative intelligence, announced today that the Bibliographic Agency for Higher Education (Abes) has selected the company to modernize France's national academic library system, under a multi-year agreement. A

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Manila Times Business

VELO* AND TOMORROWLAND LAUNCH "ECHOES OF TOMORROWLAND" TO BRING THE MUSIC FESTIVAL EXPERIENCE TO FANS AROUND THE WORLD

4 in 10 people say real connection has become harder with age, but Velo & Tomorrowland believe the dancefloor offers a powerful antidoteNew research** reveals that the dance floor is where we find 'our people', with friendships made at live music events being deeper and more genuineLONDON, July 14, 2026 /PRNewswire/ -- Velo, the leading nicotine pouch brand in Europe*** made for true originals, today launches "Echoes of Tomorrowland" - a global network of live events and synchronised livestreams

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Manila Times Business

Jane Goodall Institute USA and FormationQ Launch First-of-its-kind Quantum Computing Research Programme to Explore the Ecological Roots of War and Peace

LONDON and AUSTIN, Texas, July 14, 2026 /PRNewswire/ -- The Jane Goodall Institute (JGI) USA and FormationQ today announced a landmark research partnership that will apply trapped-ions quantum computing by IonQ to one of the most enduring questions in behavioral ecology: why do some species engage in lethal intergroup violence while others live peacefully alongside their neighbours? Launching on World Chimpanzee Day, which marks the 66th anniversary of Dr. Jane Goodall's arrival at Gombe, Tanzan

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Manila Times Business

ANA & Mombetsu Partner to Offer Special Fares for Singapore, Thailand, Hong Kong SAR and Philippines

TOKYO, July 14, 2026 /PRNewswire/ -- ANA Akindo Co., Ltd., and Mombetsu City, Hokkaido, have officially launched a joint inbound tourism campaign spearheaded by All Nippon Airways Co., Ltd. (ANA) to promote inbound tourism. For a limited two-week period starting July 14, ANA will offer special promotional fares for travelers departing from Singapore, Thailand, Hong Kong SAR and the Philippines. Under this new initiative, travelers booking a combined itinerary to both Tokyo and Mombetsu can acces

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Manila Times Business

Trip.com Group and Seat Unique Group Partner to Bring Official Premium Live Experiences to Millions of International Travellers

SINGAPORE, July 14, 2026 /PRNewswire/ -- Trip.com Group, a global travel service provider, and Seat Unique Group, a premium hospitality and live events platform, today announced a global partnership, bringing official hospitality and VIP packages to millions of travellers worldwide. The partnership introduces premium live events as a new category across Trip.com Group's platforms, providing customers with access to more than 500,000 official hospitality and VIP packages across Formula 1, Premier

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Manila Times Business

ASIA'S 50 BEST BARS UNVEILS THE EXTENDED 51-100 LIST FOR 2026

LONDON, July 14, 2026 /PRNewswire/ -- Asia's 50 Best Bars, sponsored by Perrier, has revealed the sixth edition of the 51-100 list for 2026, celebrating the depth, diversity and continued evolution of Asia's cocktail landscape. Announced ahead of the live awards ceremony in Macau, the extended list spans 25 cities across Asia, reflecting both established bar capitals and the growing momentum of emerging destinations. Asia’s 50 Best Bars, sponsored by Perrier, unveils the extended 51-100 list for

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Manila Times Business

BML2026 Brings Together an All-Star Lineup of China's Leading Anime-Style Gaming Franchises

Landmark concert reaches a peak livestream audience of 45 million SHANGHAI, July 14, 2026 /PRNewswire/ -- BILIBILI MACRO LINK-PLAY! 2026 (BML2026), Bilibili's all-encompassing live ACGN concert, concluded on July 12 after making history as the first event to bring together China's leading anime-style game franchises on a single stage at the Hong Arena (East Hall) of the National Exhibition and Convention Center (Shanghai). Born out of Bilibili's community culture, BML has evolved over the past 1

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Manila Times Business

First Energy Africa Oil Corp. Strengthens Board with Appointment of Industry Veterans Simon Akit and Frederick Kozak

New directors bring 60 years of combined capital markets and resource industry expertise CALGARY, ALBERTA - Media OutReach Newswire - 14 July 2026 - First Energy Africa Oil Corp. ("First Energy Africa" or the "Corporation"), a Calgary-based energy corporation , today announced the appointment of Simon Akit and Frederick Kozak to its Board of Directors, effective July 13th, 2026. Simon Akit Mr. Akit is founder and managing partner of a resource advisory firm, bringing more than 25 years of experi

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Manila Times Business

Court Approves Option to Acquire the Renard Mine Site

VANCOUVER, British Columbia, July 14, 2026 (GLOBE NEWSWIRE) -- Li-FT Power Ltd. ("LIFT” or the "Company”) (TSXV: LIFT) (ASX: LFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to announce, further to the Company’s news release dated June 24, 2026, that the Superior Court of Québec (the "Court”) has approved the binding call option agreement dated June 23, 2026 (the "Option Agreement”) with Stornoway Diamonds (Canada) Inc. ("Stornoway”), 11272420 Canada Inc. ("1127 Canada”) and Deloitte Restructurin

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