Philippines Business News

PH still world’s top supplier of seafarers

THE Philippines remains the world’s leading supplier of seafarers, according to a report by the Baltic and International Maritime Council (Bimco) and the International Chamber of Shipping (ICS). On Saturday, the Maritime Industry Authority (Marina) cited the recently published 2026 Seafarer Workforce Report, issued by Bimco and ICS, that had the country topping the world’s five largest seafarer-supplying countries. These five countries represent 56.25 percent of the global seafarer w

Iran closes Strait of Hormuz after vessel incident, escalating Gulf tensions

From Makati to Trieste: In pursuit of coffee mastery

Usually, you will find Rosario Juan brewing coffee at her café along Polaris Street in Makati. But last May, Juan found herself some 10,000 kilometers away, trading her familiar brewing station for one in Italy.

Not similarly situated

Earlier this month, a Bangko Sentral ng Pilipinas circular mandating BSP-supervised financial institutions (BSFIs) to adopt reasonable and cost-based pricing for digital transfers took effect.

Philippine ranks 3rd in intangible investment growth – WIPO

The Philippines ranked as the world’s third fastest-growing economy for intangible investments, according to a report from the World Intellectual Property Organization (WIPO).

Philippines secures $60 million grant from MCC

The US Millennium Challenge Corp. (MCC) has approved a $60 million grant for the Philippines to advance energy security and governance reforms, according to the Department of Finance (DOF).

PTTC joins Net Zero Carbon Alliance

The Philippine Trade Training Center (PTTC), the training and capacity-building arm of the Department of Trade and Industry (DTI), formally joined the Net Zero Carbon Alliance (NZCA) through the signing of a memorandum of understanding held recently at the Micro, Small and Medium Enterprises (MSME) Hub in Makati.

Retirement age is not a number

The other day, as a board member of a company, I was consulted for my opinion on extending our executive retirement age from 60 to 65.

Rigged bidding? ERC to tighten oversight of power supply auctions

The Energy Regulatory Commission (ERC) is moving to impose an added layer of scrutiny on power supply procurements by reviewing auction terms before bidding begins.

Science to spur next wave of economic growth – Balisacan

It is science, technology and innovation that will spur the next wave of economic growth in the Philippines, the country’s chief economic planner said Wednesday, urging academicians to move their research beyond the classroom and into communities where it will be more impactful.

US DFC eyes investments in Philippine transport, energy, mining

The US International Development Finance Corp. (DFC) is looking at potential investments in the Philippines in the areas of transport infrastructure, energy and mining under its $205 billion investment program.

US DFC eyes investments in Philippines transport, energy, mining

The US International Development Finance Corp. (DFC) is looking at potential investments in the Philippines in the areas of transport infrastructure, energy and mining under its $205 billion investment program.

Ateneo: Baldwin’s role under ‘independent contractor agreement’

The Ateneo de Manila University on Saturday said the employment of former Blue Eagles head coach Tab Baldwin was under an “independent contractor agreement” In a statement posted on its website and Facebook page, the university said he had been under the agreement since 2016. “This contractual arrangement predates the Aurora tragedy by nearly a decade and is reflected in written agreements. The existence of that contractual arrangement is a matter of proven record,” the u

Trump administration subpoenas New York Times reporters over Air Force One leak

Spanish firefighters battle deadly Almeria wildfire

Spanish Military Emergency Unit (UME) firefighters battle a deadly wildfire in Los Gallardos, Almeria province overnight on July 10 and into July 11, 2026. At least 12 people died attempting to flee and 23 were missing, in one of the country's deadliest blazes on record. VIDEO BY REUTERS

Waves pound Keelung harbor as Typhoon 'Bavi' causes minor damage across Taiwan

Typhoon 'Bavi' skirts Taiwan on July 11, 2026, bringing strong winds and rough seas that caused localized disruptions and minor damage across parts of the island. VIDEO BY REUTERS

Coast 4C raises $2.5M to expand seaweed farming network across Southeast Asia

Regenerative seaweed company Coast 4C has secured an oversubscribed $2.5 million seed funding round to expand its network of smallholder seaweed farmers across Southeast Asia as global demand for seaweed continues to grow for food, agriculture, biomaterials and climate-related industries. The company said the investment will be used to improve productivity among smallholder farmers through digital tools, financing, market access and technical support while expanding operations across one of the

PCSO Lotto Results | July 11, 2026

Deutsche Bank shares three key points on the dollar’s long-term trajectory

Bong Go: We can be a sports powerhouse

SENATOR Christopher “Bong” Go said Alex Eala’s emotional post-match speech after defeating defending Wimbledon champion Iga Swiatek should inspire greater investment in young Filipino athletes, Eala defeated Swiatek, 7(11)-6(9), 6-2, in the third round of the 2026 Wimbledon Championships, advancing to the fourth round of a Grand Slam for the first time. The 21-year-old also became the first Filipino to reach the fourth round of a major tournament. The victory came on Centre Cou

Shopee report: VisMin MSMEs grow stronger as average orders per seller rise 51 percent

MICRO, small and medium enterprises (MSMEs) across Visayas and Mindanao are scaling their businesses at an accelerating pace, with average orders per seller rising 51 percent between 2023 and 2025, according to Shopee's latest report, “The State of Digital MSMEs in VisMin: Growing Stronger in the Digital Economy.” The findings also show that provincial businesses are increasingly reaching customers nationwide, underscoring how digital commerce continues to expand opportunities beyond

Gatchalian: PH's upper middle-income status must translate into more inclusive growth

WHILE welcoming the Philippines' elevation to upper-middle-income status by the World Bank, Senate President Win Gatchalian stressed that the country's new economic standing must translate into inclusive growth that creates more opportunities and lifts poor Filipinos out of poverty. “The government's priority should be to sustain inclusive economic growth by accelerating infrastructure development and ensuring that economic gains reach every Filipino through better-paying jobs, affordable

LOOK: ZUS def. Choco Mucho, 3-0

PVL on Tour ZUS def. Choco Mucho, 3-0 Jolina dela Cruz Player of the Game

Crypto News: Pepeto Advances Toward Binance Listing with Integrated Zero-Fee Exchange and Cross-Chain Bridge

DUBAI, United Arab Emirates, July 11, 2026 (GLOBE NEWSWIRE) -- Pepeto is progressing toward its anticipated listing on Binance, marking a notable development milestone for the project as it prepares to bring its platform infrastructure to a wider global audience. The upcoming listing is expected to provide increased visibility and access to the exchange’s extensive user base, which is a common step for projects that have reached a certain stage of technical maturity and operational readiness. Pl