Philippines Business News

UREVO Wins Red Dot Award 2026 for AI-Powered Wireless Recovery Boots

ESSEN, Germany, July 10, 2026 (GLOBE NEWSWIRE) -- Smart wellness innovator UREVO has won the Red Dot Award: Product Design 2026 in the Innovative Design category for its AI-Powered Wireless Recovery Boots. The honor was announced on July 7, 2026, at the Red Dot Gala at the Aalto Theater in Essen, Germany. The Red Dot Award 2026 ceremony venue Recognized for Innovation and Design The Red Dot Award is a leading global design competition recognizing innovation, functionality and user experience. Fo

Vietnam's digital bank Cake wins two HR Asia Awards with its people-first strategy

HO CHI MINH CITY, Vietnam, July 10, 2026 /PRNewswire/ -- Building its business and its people in parallel has been a defining strategy of Vietnam-based digital bank Cake by VPBank (Cake) since its inception - a journey now recognized with two honors at the HR Asia Awards 2026: Best Companies to Work For in Asia and the Tech Empowerment Award. The recognition reflects Cake's belief that while AI/Technology creates competitive advantage, people remain the driving force behind innovation and sustai

insureMO Congratulates its Customer Union Assurance on Winning the 2026 Celent Model Insurer Award

SINGAPORE, July 10, 2026 /PRNewswire/ -- insureMO, the global leading insurance Middle Office Platform provider, extends its warmest congratulations to its customer Union Assurance PLC (UA) on receiving the 2026 Celent Model Insurer Award for Customer Experience Transformation. The prestigious global recognition celebrates UA's innovative Connected Life Initiative, powered by its Union Assurance Clicklife super app, which is redefining the life insurance experience through an end-to-end digital

Teodoro seeks higher defense spending to bolster maritime security

Defense Secretary Gilberto C. Teodoro Jr. said on Friday that the Philippines should increase defense spending to between 2% to 4% of gross domestic product (GDP) to strengthen its military capabilities and maritime security, as the government prepares to expand maritime patrols and receive additional defense assets. Mr. Teodoro said that the government would need […]

Mike Hills appointed Chief Executive Officer of Atamis

Mike Hills Mike Hills has been appointed the new CEO of Atamis Ltd. CARDIFF, United Kingdom, July 10, 2026 (GLOBE NEWSWIRE) -- We're delighted to share that Mike Hills has joined Atamis as our new Chief Executive Officer. Mike brings nearly twenty years of experience growing SaaS businesses, scaling teams, and delivering for customers. He shares our deep commitment to innovation, client success, and delivering exceptional value. Mike joins us focused on building on Atamis's strengths as we grow

BREAKING: Protesters gather at Liwasang Bonifacio for 'Interfaith Rally Against Corruption'

Police say they have 'enough personnel' for the 'Interfaith Rally Against Corruption' in Manila on July 10, 2026. The rally aims to seek justice, accountability, responsible governance, and national unity, and is' 'open to everyone regardless of political affiliation, religion, or ideology.' It is set until 11 p.m.

US tags Pax Silica initiative in Philippines as top priority — DoF

By Beatriz Marie D. Cruz, Senior Reporter THE United States has identified its Pax Silica-related initiatives in the Philippines as one of its top priorities, with Manila looking to generate hundreds and thousands of jobs from a “generational investment,” the Department of Finance (DoF) said. Finance Secretary Frederick D. Go, who met with US Ambassador […]

Global Power Solutions Announces Registration to Attend Data Centre West 2026 in Calgary and Applauds Meta’s Historic CAD $13 Billion Alberta Data Centre Investment

Vancouver, BC, Canada, July 10, 2026 (GLOBE NEWSWIRE) -- Global Power Solutions Corp. (TSX Venture Exchange: PWER; Frankfurt Stock Exchanges: NJA)("Global Power” or the "Company”) is pleased to announce that the Company has registered and will be in attendance at the Data Centre West 2026 ("Data Centre West”) conference, taking place September 9, 2026 at the Hyatt Regency in downtown Calgary, Alberta. Figure 1. Data Centre West - Learn more here Data Centre West is one of Western Canada’s leadin

21shares élargit l’accès de trois ETP crypto aux investisseurs particuliers français avec BitGo Europe GmbH en tant que dépositaire conforme à la directive MiCA

Zurich / Paris, le 10 Juillet 2026. 21shares, l’un des principaux émetteurs mondiaux de produits négociés en bourse (ETP) liés aux cryptoactifs, a annoncé aujourd’hui qu’une sélection de ses ETP cryptos est désormais plus facilement accessible aux investisseurs particuliers en France, directement via leurs comptes de courtage existants ou leurs comptes bancaires. Cette offre comprend l’ETP 21shares Bitcoin Core (CBTC), l’un des ETP Bitcoin les plus compétitifs du marché français, ainsi que deux

MAGGI Magic Sarap brings the all-in-one promise to life at the first-ever MAGGI Food Park

MAGGI brought together food, fun, and flavorful discovery at the MAGGI Food Park at Market! Market! in Bonifacio Global City, Taguig, transforming the venue into a vibrant destination that celebrates how everything consumers need in a tasty dish is in the all-in-one MAGGI Magic Sarap. Designed as an immersive on-ground experience for Filipino shoppers and families, the event showed how, even as ingredient prices continue to rise, home cooks can still create tasty, satisfying dishes with the help

The consolidated sales of VILVI Group June 2026

VILVI Group, which consists of Vilkyškių pieninė AB, Modest AB, Kelmės pieninė AB, Kelmės pienas UAB, Pieno logistika AB, Baltic Dairy Board SIA and Marijampolės pieno konservai UAB, which joined the Group on 16 January 2026, consolidated sales for June 2026 amounted EUR 32.74 million - 34.2% increase comparing to June 2025. The consolidated sales of the Group for period January - June 2026 amounted to EUR 187.78 million - 31.5% increase comparing to the same period last year. Vilija Milaseviciu

Notification under Chapter 9, Section 10 of the Finnish Securities Market Act: holdings of FMR LLC in Nokia Corporation decreased below 5%

Nokia Corporation Stock Exchange Release 10 July 2026 at 09:45 EEST Notification under Chapter 9, Section 10 of the Finnish Securities Market Act: holdings of FMR LLC in Nokia Corporation decreased below 5% According to a notification received under Chapter 9, Section 5 of the Finnish Securities Market Act (FSMA) by Nokia Corporation, the indirect proportion of holdings of FMR LLC has on 8 July 2026 decreased below 5% of the total number of shares in Nokia Corporation. The total number of shares

Japan Post Insurance and SCOR sign MOU Regarding the Ceding (Retrocession) of "Postal Life Insurance Policies” and Investment in a Reinsurance Vehicle Established by SCOR

Press release 10 July 2026 - N° 15 Japan Post Insurance and SCOR sign MOU Regarding the Ceding (Retrocession) of "Postal Life Insurance Policies” and Investment in a Reinsurance Vehicle1 Established by SCOR Japan Post Insurance Co., Ltd. (hereinafter, "Japan Post Insurance”) and SCOR SE (hereinafter, "SCOR”) announce that on July 10, 2026, each decided to enter a Memorandum of Understanding (MoU) regarding the following matters: The cession2 of the underwriting risks under Japan Post Insurance’s

Ganfeng LiEnergy Debuts at Intersolar Europe 2026, Building a Full-Chain Energy Storage Operations and Service System

XINYU, China, July 10, 2026 (GLOBE NEWSWIRE) -- In 2026, Intersolar Europe, the world's premier photovoltaic and energy storage industry event, officially kicked off in Munich, Germany. Ganfeng LiEnergy's full-scenario energy storage products, with their core strengths of high integration, high energy efficiency and low cost, drew strong attention from global buyers and industry customers. Leveraging its comprehensive "full-chain intelligent energy storage" capabilities, Ganfeng LiEnergy is prec

Explore the Art and Creativity Behind 40 Game Titles Through "Worlds of Play" Global Art Exhibition in Cologne, August 27 to 29

World's First Curatorial Art Showcases 20+ Iconic Studios Through Curated Artworks, with Select Artworks Making Their Global Debut SHENZHEN, China, July 10, 2026 /PRNewswire/ -- Tencent announced "Worlds of Play: The Game Art Exhibition," a first-of-its-kind global art exhibition co-hosted with leading game studios from around the world, set to take place during gamescom 2026. Showcasing 40 iconic game titles through gallery-worthy artworks and immersive installations - some making their global

Stock indices as of July 10, 2026

Harju Elekter to conclude an agreement for the supply of E-house solution

AS Harju Elekter, the Estonian subsidiary of AS Harju Elekter Group, has entered into an agreement with Siemens Nederland N.V, the Dutch subsidiary of Siemens AG, for the engineering and manufacturing of E-House systems for the power distribution infrastructure of a data centre being built in Finland. The contract has a duration of 17 months and an estimated value of 15,5 million euros. An E-House is a factory-built modular technical building designed for the placement and protection of power di

Meralco July power rate rises P0.3428/kWh on higher generation charge

The Manila Electric Co. (Meralco) raised electricity rates for July by P0.3428 per kilowatt-hour (kWh), with higher generation costs accounting for more than half of the increase following the scheduled shutdown of the Malampaya gas field, higher fuel costs, and firmer Wholesale Electricity Spot Market (WESM) prices. In a statement on Friday, Meralco said the […]

Sandiganbayan rejects Estrada bid to attend Duterte impeachment trial

The Sandiganbayan Fifth Division denied detained Senator Jose “Jinggoy” P. Ejercito Estrada’s request to attend the Senate impeachment trial of Vice President Sara Duterte-Carpio, ruling that his participation as a senator-judge was incompatible with his status as a detention prisoner and did not constitute a compelling ground for temporary leave from detention. In a seven-page […]

Yili's Global Online Tour Unveils Layers of Surprise with Cremo Ice Cream in Thailand

Highlighting its robust localized network and youth engagement, Yili's latest virtual tour explores how the beloved Cremo brand brings everyday surprises to communities across Thailand. BANGKOK, July 10, 2026 /PRNewswire/ -- Yili Group has launched the Thai segment of its 2026 signature global campaign Taste the World with Yili and Discover a Better Life. As part of the tour spanning three continents and five worldwide destinations, this segment features the vibrant journey of Cremo, Yili's popu

Yimutian Inc. Receives Positive Nasdaq Listing Determination

BEIJING, July 10, 2026 (GLOBE NEWSWIRE) -- Yimutian Inc. (Nasdaq: YMT) ("Yimutian” or the "Company”), a leading agricultural digital service company in China, today announced that, following a hearing before the Nasdaq Hearings Panel (the "Panel”), on July 8, 2026, the Company received the Panel’s formal decision granting the Company’s request to transfer its listing from The Nasdaq Global Market tier to The Nasdaq Capital Market tier, pursuant to an exception to evidence compliance with the US$

Bavi, enhanced southwest monsoon to bring heavy rains, strong winds

Intense rainfall and strong winds are expected across several areas of the country due to the combined effects of Typhoon Bavi (local name Inday) and the enhanced southwest monsoon, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Friday. The weather bureau hoisted storm wind signal No. 2 over Batanes, the eastern […]

Why Lance Gokongwei is betting big on gaming via PhilWeb

The investment expands the broader Gokongwei family’s gaming interests beyond its NUSTAR integrated resort and into the technology supporting several licensed online operators

Canada’s labor market firms as jobless rate dips to 6.5%