Philippines Business News

Power One Files for Drilling Permit to Deep Test Pecors Magnetic Anomaly

VANCOUVER, British Columbia, July 08, 2026 (GLOBE NEWSWIRE) -- Power One Resources Corp. (TSX:V - PWRO) ("Power One” or the "Company”) is pleased to announce it has filled for an updated drill permit to return to the Pecors Project with plans to deep-test the Pecors magnetic anomaly. The Permit application is currently under review by the Ontario Ministry of Mines. The Pecors Project located within the Elliot Lake uranium district has proven to yield multi-element precious and critical minerals

Statkraft to invest in 280 MW wind project in Brazil

Gran Sul project area Parts of the area where Gran Sul wind project will be built. Gran Sul map Map of Brazil (Florianópolis, Brazil/Oslo, Norway 8 July 2026) - Statkraft has decided to invest in Gran Sul, a 280 MW onshore wind project in the state of Rio Grande do Sul, Brazil. The investment strengthens Statkraft’s renewable energy portfolio in one of the company’s key international growth markets. The Gran Sul project is located in Santa Vitória do Palmar, an area with strong wind resources in

Payhawk surpasses $100M ARR and grows faster and leaner in Europe, driven by AI-native rebuild

The spend management platform reports 159% YoY growth in net new business, 95% YoY growth in payments volumes, and 75% jump in ARR per employee, after rebuilding its products and operations around autonomous AI agents Payhawk Centaur announcement Payhawk founders: Hristo Borisov, Boyko Karadzhov, Konstantin Dzhengozov LONDON, July 08, 2026 (GLOBE NEWSWIRE) -- Payhawk, the AI-native spend management platform, has surpassed $100M ARR to reach Centaur status, joining the roughly 250 private softwar

Fluke Helps Solar Installers Take the Risk Out of Rooftop Panel Installation with New PV Module Lift

Innovative lifting solution eliminates the need to carry solar panels up ladders, reducing installer fatigue and supporting OSHA ladder safety requirements Fluke Helps Solar Installers Take the Risk Out of Rooftop Panel Installation with New PV Module Lift Innovative lifting solution eliminates the need to carry solar panels up ladders Fluke Helps Solar Installers Take the Risk Out of Rooftop Panel Installation with New PV Module Lift Innovative lifting solution eliminates the need to carry sola

Jahns storms to 3-shot lead in weather-hit ICTSI Pradera

MANILA, Philippines – Keanu Jahns capitalized on another scoring opportunity at Pradera Verde Golf and Country Club, delivering a second straight 68 to seize control of the ICTSI Pradera Verde Championship and open a three-shot lead over Tony Lascuña at the halfway mark in Lubao, Pampanga on Wednesday. Not even a late-round downpour – accompanied by lightning and thunderstorms which forced a one-hour suspension of play – could derail Jahns’ charge back to the top o

China-Mexico Dialogue on Rail Transit Highlights Sustainable Urban Development and Cultural Cooperation

MEXICO CITY, July 8, 2026 /PRNewswire/ -- On July 2, 2026, representatives from UNESCO, Chinese and Mexican government agencies, industry associations and businesses gathered in Mexico City for the China-Mexico Dialogue for a Green Future on Rail Transit, exploring how sustainable transportation can improve urban mobility while strengthening cultural ties between the two countries. Held under the theme "Green Mobility, Shared Civilizations," the event provided a forum to exchange perspectives on

Dumbo Health Launches SleepLongevityAge, Bringing Clinical Care to the World’s Most Overlooked Health Metric

Introducing Sleep Longevity: a new category of care that turns the world’s most overlooked health metric into action. Sleep better. Live longer. Miami, Florida, July 08, 2026 (GLOBE NEWSWIRE) -- Millions of people wake up tired every morning, and most never find out why. Americans have never known more about how they sleep: Apple Watch, Oura, Whoop, Garmin, and other wearables generate millions of sleep scores every morning. Yet for most people, those scores never lead to action. Today, Dumbo He

Ignitis secures additional long-term capacity at the Klaipėda LNG terminal

AB "Ignitis grupė” (hereinafter - the Group) announces that, following the long-term capacity allocation procedure conducted by Klaipėda LNG terminal operator AB "KN Energies” (hereinafter - KN Energies), its subsidiary UAB "Ignitis”, in accordance with the Regulations for Use of the Liquefied Natural Gas Terminal, has additionally secured 2 TWh of annual regasification capacity on the secondary market for the period of 2033-2044. On 10 June 2026, the Group announced that it had reserved 4 TWh o

AIWANATECH Expands Global OEM/ODM Business with Sustainable Air Care Technologies

SEOUL, South Korea, July 8, 2026 /PRNewswire/ -- AIWANATECH, a South Korean home appliance innovator specializing in air care solutions, is strengthening its global expansion strategy by leveraging its proprietary air purification technologies and OEM/ODM manufacturing capabilities. The company plans to introduce upgraded products in the second half of the year while expanding partnerships with international brands and distribution channels. Founded in 2019, AIWANATECH develops environmentally f

Novian group significantly improved profitability in 2025 and increased export revenue by 52%

In 2025, the Novian IT solutions and services group-maintained revenue of more than EUR 40 million, significantly improved its profitability indicators and increased exports. The group’s consolidated revenue amounted to EUR 40.25 million, gross profit grew to EUR 9.21 million, and adjusted EBITDA increased by 25.9% to EUR 3.53 million. Adjusted operating profit in 2025 amounted to EUR 2.54 million and was 49,6% higher than in 2024. Adjusted net profit more than tripled to EUR 1.64 million. Adjus

Crypto News Today: AlphaPepe Presale Nears $2M Raised as Bitcoin Price Prediction Eyes New All-Time Highs

MONACO, July 07, 2026 (GLOBE NEWSWIRE) -- Crypto news today is starting to look more constructive after a rough stretch for Bitcoin and the wider market. BTC has been trying to recover from recent pressure, and traders are once again asking whether the next major cycle can push Bitcoin back toward new all-time highs. But while Bitcoin bulls wait for stronger confirmation, AlphaPepe is moving on a faster presale clock. The project has now raised $1.94 million, is nearing the $2 million milestone,

Trump warns of more strikes on Iran after casting doubt on framework peace deal

IMF cuts 2026 global growth forecast to 3% on Middle East risks

Filipino tech firm targets hidden business losses from unanswered calls

Forgotten frontier of digitlization? Landlines get a cloud boost to keep customers connected

Reserves hit three-month high at end-June

By Katherine K. Chan, Reporter THE PHILIPPINES’ end-June dollar reserves jumped to the highest level in three months, backed by the central bank’s profits from its foreign investments and the foreign currency deposits it received from the National Government (NG), preliminary data showed. Bangko Sentral ng Pilipinas (BSP) data released late on Tuesday showed the […]

2.5 million Filipinos unemployed in May as jobless rate climbs to 4.8%

Nearly 5 in every 100 Filipinos were reported jobless in May.

Samsung to get jump on Apple’s first foldable with new phones in July

SAMSUNG Electronics Co. will host its next Galaxy Unpacked event on July 22, when the leading foldable phone maker is expected to unveil a Galaxy Z Fold 8 with a shorter and wider design that resembles Apple Inc.’s planned folding iPhone. The Unpacked event will be in London, according to an invite that Samsung sent […]

Unemployment inches up to 4.8% in May 2026 as farm jobs take a hit

While unemployment slightly worsened, underemployment improves sharply to 12.2% in May from 15.2% in April

Bad weather pushes PHL jobless rate to 4.8%

By Erika Mae P. Sinaking, Reporter The Philippines’ unemployment rate rose to 4.8% in May as job losses in agriculture, driven by bad weather, outweighed employment gains in services and other industries, the Philippine Statistics Authority (PSA) said on Wednesday. The unemployment rate increased from 3.9% a year earlier and 4.7% in April, while the […]

Spain’s IBEX 35 tumbles after Trump orders halt to trade with Spain

Philippine banks’ loan growth hits 15-month high in May

By Katherine K. Chan, Reporter Philippine banks’ loan growth posted its fastest pace in over a year in May amid faster lending for residents’ business activities, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. Universal and commercial banks’ total outstanding loans, net of reverse repurchase agreements, grew by 12.1% year on year in […]

Super Typhoon Bavi enters PAR, prompts Storm Signal No. 1 in Luzon

Super Typhoon Bavi (international name), which has been monitored since last week, has entered the Philippine Area of Responsibility (PAR), prompting the hoisting of Storm Wind Signal No. 1 in several areas in Luzon, according to the state weather bureau on Wednesday. Bavi entered the PAR at around 3 a.m. and was formally assigned the […]

[Puso at diwa] Beyond the World Bank’s reclassification of PH as upper-middle income

The real challenge facing the Philippines is no longer simply to become wealthier, but to become better governed

IperionX Announces Pricing of Public Offering of American Depositary Shares

SOUTH BOSTON, Va., July 07, 2026 (GLOBE NEWSWIRE) -- IperionX Limited ("IperionX” or the "Company”) (Nasdaq:IPX; ASX:IPX) today announced the pricing of an underwritten public offering of 2,275,000 of its American Depositary Shares ("ADSs”), with each ADS representing 10 of its ordinary shares ("Public Offering”), at a price per ADS to the public of $21.98, for aggregate gross proceeds of approximately $50 million, before deducting underwriting discounts, commission and estimated offering expens