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Philippines Business News

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

9558 articles across all sources

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Manila Times Business

COTLIN Unveils a New Standard in 15-Inch Built-In Ice Maker Delivering Crystal-Clear Bullet Ice for Premium Home Bar Experiences

ALBANY, N.Y., July 8, 2026 /PRNewswire/ -- COTLIN today introduced the COTLIN 15" Undercounter Ultra-Clear Bullet Ice Maker (IMB55BI), a 15-inch undercounter ice maker for built-in or freestanding use for homeowners who want clearer, better-looking ice ready at the bar without relying on cloudy freezer ice, last-minute bags of ice, or countertop machines. COTLIN Unveils 15-Inch Crystal-Clear Bullet Ice Maker for Premium Home Bars As more homeowners upgrade kitchens, wet bars, basement bars, and

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Manila Times Business

Sparsa AI Launches Sovereign Enterprise AI Platform with Global Deployment at QNET

The Sparsa AI Enterprise Operating System (EOS) provides enterprises with a governed operating layer for AI agents, running securely on enterprises' own infrastructure, data and AI models that they own. Global lifestyle and wellness company QNET is among the first organisations globally to deploy the platform across its customer engagement ecosystem. HONG KONG, July 8, 2026 /PRNewswire/ -- Sparsa AI, a Singapore-based enterprise AI company, today unveiled its sovereign Enterprise Operating Syste

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Manila Times Business

Half-Yearly Report on the Liquidity Contract with Natixis ODDO BHF

Press Release Half-Yearly Report on the Liquidity Contract with Natixis ODDO BHF Paris, July 8, 2026 - As regards the liquidity contract awarded by 74Software to Natixis ODDO BHF, on June 30, 2026, the following resources were listed in the liquidity account: 14,475 shares;1,013,531.36 euros. As of the effective date of the liquidity contract entrusted to Natixis ODDO BHF, i.e. January 1, 2026, the following resources were listed in the liquidity account:15,850 shares;510,518.25 euros. Over the

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Manila Times Business

1287405 B.C LTD. and Monteoro Minerals Announces Execution of Definitive Agreement and Completion of C$10,007,100 Financing

Not for distribution to U.S. newswire services or for release publication, distribution or dissemination, directly or indirectly, in whole or in part, in or into the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities laws. VANCOUVER, British Columbia, July 08, 2026 (GLOBE NEWSWIRE) -- 1287405 B.C. Ltd ("ShellCo”) and Monteoro Minerals Ltd. ("Monteoro”) are pleased to announce that further to their joint press release dated March 31, 2026, tha

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Manila Times Business

Kingfisher Company, Inc. Unveils KISS™ - The Industry's First Intelligent Supervising Solution for Fire Alarm and Life Safety Communication

60-year life safety leader introduces IoT-enabled platform that captures serial data, delivers real-time diagnostics, and eliminates legacy communication limitations - validated at NFPA 2026 LOWELL, Mass., July 08, 2026 (GLOBE NEWSWIRE) -- Kingfisher Company, Inc. (KCi), a trusted leader in fire alarm communication and life safety systems since 1964, today announced the launch of KISS™ (Kingfisher Intelligent Supervising Solution) - a first-of-its-kind intelligent platform that redefines how fir

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Manila Times Business

Heilind Electronics Now Stocking GCT USB Type-C Vertical Connectors

A shared 24-pin footprint lets engineers scale from USB 2.0 to USB 3.2 Gen 2 without redesigning the PCB WILMINGTON, Mass., July 08, 2026 (GLOBE NEWSWIRE) -- Heilind Electronics, a leading global distributor of interconnect, electromechanical, and industrial automation products, is now stocking GCT USB4220 and USB4225 USB Type-C Vertical Connectors, a versatile family of 16- and 24-position vertical surface-mount (SMT) receptacles engineered to deliver flexible data connectivity and power delive

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Manila Times Business

BC Parks Foundation launches campaign to protect one of the last privately owned properties within Myra-Bellevue Park

Public invited to help keep one of the Okanagan's most important landscapes wild KELOWNA, BC, July 08, 2026 (GLOBE NEWSWIRE) -- Building on the permanent protection of a 64-hectare property within Myra-Bellevue Park, BC Parks Foundation is inviting British Columbians to protect another privately held puzzle piece in the much-loved park. Today, the Foundation launched a public fundraising campaign to preserve a 32.4-hectare privately owned property so that it can be added to the park. Although su

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Rappler Business

Gov’t cuts growth outlook for newly upgraded upper-middle-income Philippines

Economic managers expect growth to moderate this year due to 'heightened domestic and external uncertainties,' including governance-related issues, geopolitical tensions in the Middle East, and other global developments affecting business and consumer confidence

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BusinessWorld

Defense questions NBI witness’ credentials in Duterte ouster trial

VICE-PRESIDENT Sara Duterte-Carpio’s defense team on Wednesday challenged the qualifications of the prosecution’s digital forensics witness, with several senator-judges joining questions over his training and credentials as the impeachment trial shifted to the authenticity of video evidence supporting the charges against her. During the third day of the trial, defense lawyer Carlo Joaquin T. Narvasa […]

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BusinessWorld

PHL’s EV shift seen cutting fuel import dependence

WIDER ADOPTION of electric vehicles (EVs), particularly in public transport, could reduce the Philippines’ reliance on imported fuel and lower transport costs, industry leaders said on Wednesday, arguing that electrification has become an economic imperative rather than just an environmental goal. “When you go electric now, it is you helping not only yourselves but also […]

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BusinessWorld

Marcos sees more regional wage hikes later this year after record NCR increase

MORE regions could raise minimum wages later this year after Metro Manila approved a record P85 daily increase, with President Ferdinand R. Marcos, Jr. saying regional wage boards are reviewing whether similar adjustments are warranted based on local economic conditions. “The Regional Tripartite Wage Boards are continuously studying what the actual prices are in each […]

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BusinessWorld

China missile test draws PHL-US alarm

THE PHILIPPINES and the US on Wednesday urged China to exercise restraint after Beijing test-fired a ballistic missile into the South Pacific, saying the launch undermines regional stability. The Department of Foreign Affairs (DFA) said maintaining a “calm, secure and stable environment” in the Indo-Pacific region is essential, adding that actions that erode confidence are […]

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BusinessWorld

PHL readies for Super Typhoon Inday

GOVERNMENT agencies have activated nationwide contingency protocols following the entry of Super Typhoon Inday, with international name “Bavi,” into the Philippine area of responsibility (PAR) early on Wednesday. Palace Press Officer Clarissa A. Castro said President Ferdinand R. Marcos, Jr. directed agencies to implement contingency measures as forecasts pointed to heavy rains and possible flooding. […]

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BusinessWorld

Abalos named Cabinet secretary

PRESIDENT Ferdinand R. Marcos, Jr. has appointed former Interior Secretary Benjamin “Benhur” Abalos, Jr. as Cabinet secretary, the Palace said on Wednesday. Mr. Abalos, who relinquished his Department of the Interior and Local Government post for his 2025 senatorial run, took his oath of office on Wednesday afternoon, Palace Press Officer Clarissa A. Castro told reporters. […]

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BusinessWorld

Kerosene, LPG excise tax restored

THE Bureau of Internal Revenue (BIR) said excise tax rates on kerosene and liquefied petroleum gas (LPG) reverted to their original levels on July 8 after the average Dubai crude oil price fell below the threshold set under the law. Citing a Department of Energy (DoE) certification, the BIR said on Wednesday that the average […]

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BusinessWorld

GOCCs to remit P147.15B in 2026

GOVERNMENT-OWNED and -controlled corporations (GOCCs) are expected to remit P147.15 billion in dividends to the National Government this year, with P140 billion already collected from 50 state-run firms as of July 8. “As of this month, dividend collections have surpassed those of the previous year. We have received approximately P139.8 billion pesos from 50 GOCCs,” […]

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BusinessWorld

Biz group urges full UHC rollout to back PHL’s upper-middle income status

THE government must deliver Universal Health Care (UHC) as the Philippines advances to upper-middle income status, business groups said, citing the need to ensure that its state health insurance program aligns with the needs of workers to drive productivity and economic growth. The groups, led by the Management Association of the Philippines, along with the […]

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BusinessWorld

NNIC says investigation underway on Saudia-PAL aircraft incident

NEW NAIA Infra Corp. (NNIC), the private operator of Ninoy Aquino International Airport (NAIA) has assured that there were no injuries following an aircraft incident at the airport on Tuesday. “All passengers aboard the departing aircraft were safely disembarked. Both aircraft sustained damage that is now undergoing technical assessment. No airport infrastructure or ground equipment […]

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BusinessWorld

Sandiganbayan denies bid to inhibit Sixth Division in Co malversation case

THE Sandiganbayan’s Sixth Division denied accused Lerma D. Cayco’s motion seeking the court’s voluntary inhibition from further proceeding in the malversation case against former Party-list Rep. Elizaldy “Zaldy” S. Co and his co-accused, ruling that her allegations of judicial bias were unsupported by clear and convincing evidence. In a five-page resolution dated July 3, penned […]

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BusinessWorld

Erwin files new defamation charges vs bagmen

SENATOR Erwin T. Tulfo on Wednesday filed before the Mandaluyong City Prosecutor’s Office new grave oral defamation charges against two of the 18 alleged bagmen, lawyer Levito D. Baligod, and former lawmaker Michael T. Defensor following allegations made against him at the June 16 flood control press conference. In an 18-page complaint-affidavit, Mr. Tulfo cited […]

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BusinessWorld

Cordillera on blue alert as super typhoon nears

BAGUIO CITY — The Cordillera Regional Disaster Risk Reduction and Management Council (RDRRMC) raised a Blue Alert status here in the highland region as authorities intensified preparations for the possible impact of Super Typhoon Inday (International name: Bavi). The Blue Alert was hoisted at 8 a.m. on Wednesday to ensure round-the-clock monitoring, early warning, coordination […]

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BusinessWorld

Nueva Vizcaya OFWs, kin get P8-M aid

BAYOMBONG, Nueva Vizcaya — Thousands of overseas Filipino workers (OFWs) and their families in Nueva Vizcaya received P8 million in financial assistance and 3,500 sacks of rice as the Overseas Workers Welfare Administration (OWWA) rolled out its OFW Serbisyo Caravan. The assistance was capped by an honorary dinner at the Carlos M. Padilla Convention Center, […]

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BusinessWorld

Isabela charts classroom shortages

ILAGAN CITY, Isabela — The provincial government of Isabela has begun mapping public schools with the most urgent infrastructure needs to speed up the construction and rehabilitation of school buildings in partnership with the Department of Education (DepEd). Governor Rodito T. Albano III and the DepEd Schools Division Office of Isabela launched the assessment this […]

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BusinessWorld

BuCor transfers 600 more inmates to Davao

THE Bureau of Corrections (BuCor) has transferred 600 inmates from Metro Manila facilities to the Davao Prison and Penal Farm as part of its continuing effort to decongest the New Bilibid Prison (NBP) and prepare for its eventual closure. In a statement on Wednesday, BuCor said 500 male inmates from the NBP in Muntinlupa City […]

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