Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
2167 articles across all sources
U.S. accounts for 96% of global Bitcoin ATM losses in H1 2026, Finbold report finds
DUBAI, United Arab Emirates, July 03, 2026 (GLOBE NEWSWIRE) -- The United States accounted for nearly all global Bitcoin ATM losses during the first half of 2026, according to findings from Finbold's H1 2026 Cryptocurrency Market Report. Data collected and calculated by Finbold from Coin ATM Radar shows that the global number of Bitcoin ATMs declined from 39,158 at the end of 2025, to 28,322 by June 30, 2026, representing a loss of 10,836 machines, or 27.7%, over the first six months of 2026. Th
Read more →Banks, e-wallets have until July 4 to lower transfer fees – Bangko Sentral
Under the new rules, if transfers within the same bank or e-wallet are free, transfers to another bank or e-wallet should generally cost only the switch fee. For InstaPay, that’s around P1.50.
Read more →DoST boosts metals, engineering firms through zero-interest SETUP loans
The Department of Science and Technology (DoST) is helping businesses in the metals and engineering sector adopt new technologies through zero-interest financing under its small enterprise program, with one beneficiary in Ilocos Norte reporting improved productivity. The Small Enterprise Technology Upgrading Program (SETUP) is the agency’s flagship program for micro, small, and medium enterprises (MSMEs), […]
Read more →PLDT, Smart, DITO ink infrastructure sharing deal
Telecom giants PLDT Inc., Smart Communications, Inc. (Smart), and DITO Telecommunity signed an infrastructure-sharing agreement on Friday to expand network coverage and boost digital inclusion nationwide. “Connecting the country is a responsibility that we all share as Philippine telcos,” PLDT Chairman and CEO Manuel V. Pangilinan said in a statement. “This agreement reflects that, even […]
Read more →DoST, Vintar Ilocos Norte opens Regional Yarn Production and Innovation Center to boost local textile industry
The Department of Science and Technology (DoST) and the municipality of Vintar in Ilocos Norte on Friday officially launched the region’s Regional Yarn Production and Innovation Center (RYPIC) to strengthen the country’s textile industry by helping local weavers and other stakeholders meet their demand for quality yarn. “The launch of RYPIC here in Ilocos Norte […]
Read more →Rising kidney disease cases threaten to drain PH health resources
Expert urges early screening, lifestyle changes, vigilance toward supplements The Philippines could exhaust its healthcare resources if the rapid rise in chronic kidney disease (CKD) cases is left unchecked, a leading nephrologist has warned. Speaking at the Hisgutan Ta media forum in Cebu, Dr. Juliet Chua Chong-Noel said the growing burden of kidney disease is already straining the system, particularly through the high cost of dialysis. “If we don’t do […]
Read more →BINI named as one of PHL tourism ambassadors
Pinoy pop (P-pop) group BINI was named as one of the official Philippine tourism ambassadors on Friday, following the country’s pop music boost in the international scene. “A fresh takeaway from this first meeting is that each girl actually represents a province or a town, and they’re very, very knowledgeable about what is a charming […]
Read more →RCBC to offer free Instapay transfer starting July 4
InstaPay transfers will be free of charge on 2 RCBC digital banking apps starting July 4.
Read more →Transcycle Becomes First Motorcycle Dealership Partner of LTO XI PASADA Project
Transcycle (Gentrade International Phils., Inc.) is redefining what it means to be a motorcycle dealership by expanding its role beyond selling motorcycles to becoming a trusted government partner that helps make public services more accessible while promoting safer and more responsible mobility for Filipino communities. This vision took a significant step forward as Transcycle and the Land Transportation Office Region […]
Read more →Trade ties in focus during visit to the Philippine Embassy in London
The Philippine-UK total trade in goods and services stands at £3.2 billion in the four quarters to the end of Q4 2025, an increase of 4.7% in the previous period.
Read more →St. Luke’s Medical Center–Quezon City introduces advanced radiotherapy system
St. Luke’s Medical Center–Quezon City has introduced the Philippines’ first TrueBeam Edge radiotherapy system, expanding access to advanced cancer treatment in the country. Manufactured by Varian, a Siemens Healthineers company, the TrueBeam Edge is a system that integrates imaging, beam delivery, motion management, and patient positioning into a single platform, enabling sub-millimeter precision radiation therapy […]
Read more →Xinhua Silk Road: E China's Rongcheng busy with mid-summer abalone farming
BEIJING, July 3, 2026 /PRNewswire/ -- The east China coastal city of Rongcheng, a locality endowed with pleasant natural conditions for abalone fry cultivation, is now busy with abalone farming as July and August remain a critical period for abalone weight increase. For days, the city featuring a mild climate, obvious monsoons and concentrated precipitation saw local fish farmers frequently head out to sea for feeding and cleaning up organisms clinging to abalone shells. Such doings are regular
Read more →Xinhua Silk Road: Feeling warmth of Silk Road, discovering vibrant everyday life of China: China Railway Express Cargo Trace (Kazakhstan) • On Cultural Exchange
BEIJING, July 3, 2026 /PRNewswire/ -- This journey of witnessing, understanding, and connecting has shown us that when the cargo reaches its destination, the story between people has only just begun. When Alisher Rakhat turns the China he has traveled through into stories, when Bulat Mukanov brings the belief of cooperation being "precious as gold" back to his campus, and when Serik Korzhumbayev shares what he has seen and heard of the China Railway Express with more people, cultural exchange th
Read more →Into the Rain: Agoda Unveils Monsoon Season Destinations in Asia
SINGAPORE, July 3, 2026 /PRNewswire/ -- Digital travel platform Agoda highlights the allure of Asia's monsoon season, a time when the region transforms into a lush, vibrant landscape. While the rains sweep across many markets, they bring a unique charm that makes travel during this period both viable and rewarding. From verdant hills to serene beaches, Agoda showcases six emerging destinations that shine during the rainy season or remain pleasantly dry. In the heart of Vietnam, Da Lat offers a c
Read more →Radisson Hotel Group launches hospitality industry-leading AI-powered real-time price matching technology
The new AI-powered feature automatically detects and matches lower third-party hotel rates in real time - eliminating manual claims, screenshots, and approval processes entirely, replacing the traditional Best Online Rate Guarantee model with a fully automated, real-time solution. BRUSSELS, July 3, 2026 /PRNewswire/ -- Radisson Hotel Group has launched a leading AI-powered real-time hotel price matching technology, redefining how travelers book direct online. The new feature automatically detect
Read more →Hepsor signs loan agreement with Coop Pank and starts construction of new residential buildings in Paevälja
Hepsor SOF OÜ, a joint venture of Hepsor AS and EfTEN Special Opportunities Fund, and Coop Pank AS signed a loan agreement on 1 July in the amount of EUR 12.7 million to finance the construction of three new residential buildings in the Paevälja quarter in Lasnamäe. On 4 June, Hepsor SOF OÜ entered into a construction agreement with Mitt & Perlebach OÜ in the amount of EUR 10.2 million for the construction of the Paevälja 7 apartment buildings and the supporting infrastructure, including roads,
Read more →XM Launches New Promotion for Partners, with up to $40,000 in Cash Rewards
For a limited time, new and existing XM partners could earn thousands in rewards, in addition to their standard commissions LIMASSOL, Cyprus, July 03, 2026 (GLOBE NEWSWIRE) -- Global multi-asset broker XM has announced the launch of its "Worldwide Partner Ladder - Beat your Best" promotion. Running from 2 July to 31 August, the promo offers new and existing XM partners the opportunity to earn up to $40,000 in cash rewards on top of their standard trading commissions for referring new clients. Ca
Read more →Opening New Frontiers: smart Achieves 8% H1 Sales Increase with an Expanding Premium Lineup and Accelerated Global Footprint
HANGZHOU, China, July 3, 2026 /PRNewswire/ -- smart, the contemporary premium EV brand, maintained strong momentum in the first half of 2026. Driven by a comprehensive strategy across brand, product, and market operations, smart delivered an 8% year-over-year global sales increase. Notably, Finland posted a sales surge of 446%, while Hong Kong, China grew by 276%, and Sweden and Germany recorded increases of 144% and 140%, respectively. This strong performance underscores smart's rapid evolution
Read more →Asia Pacific Logistics Markets Diverge Despite 47% Tenant-Favourable Conditions as Supply Constraints Begin to Shift Balance
Tenant-favorable markets in APAC expected to moderate as conditions tightenSupply-constrained markets - Australia, Japan and Singapore are seeing rising competition54% of global markets and 60% of APAC markets expect rental growth, reinforcing upward pricing pressure HONG KONG SAR - Media OutReach Newswire - 3 July 2026 - Asia Pacific's logistics markets are entering a more complex phase, with divergence across the region increasingly shaping both occupier strategy and investor positioning. Acco
Read more →Repayments, Realkredit Danmark A/S
To Nasdaq Copenhagen A/S Executive Management Bernstorffsgade 40 DK-1577 København V www.rd.dk Telephone +45 7012 5300 3 July 2026 Company Announcement No 53/2026 Repayments, Realkredit Danmark A/S Pursuant to §24 of the Capital Markets Act, Realkredit Danmark A/S hereby publishes repayments as at 1 July 2026. Please find the data in the attached file. The information will also be available on www.rd.dk. Yours sincerely The Executive Management Any additional questions should be addressed to Hel
Read more →Invitation to presentation of Electrolux Group Q2 report
STOCKHOLM, July 3, 2026 /PRNewswire/ -- On 29th of July, 2026, Electrolux Group will publish the results for the second quarter of 2026, at approx. 07.00 CEST. Media, investors and analysts are invited to a simultaneous webcast and telephone conference on the same day following the release of the results, starting at 09.00 CEST where Yannick Fierling, President and CEO, together with Therese Friberg, CFO, will present the report. Information on how to join the webcast and telephone conference is
Read more →Chula Rises to 19th in the World for Sustainability, the Only Thai University in Asia's Top 10 and ASEAN's Top 5
BANGKOK, July 3, 2026 /PRNewswire/ -- According to the Times Higher Education (THE) Sustainability Impact Ratings 2026, which assess universities' contributions to sustainability and societal impact, Chulalongkorn University has been ranked 19th in the world, marking a remarkable leap of 25 places from 44th globally in 2025. Chula is also the only Thai university to be placed in the global Top 20, the Top 10 in Asia, and the Top 5 in ASEAN, while maintaining its position as Thailand's No. 1 univ
Read more →Renk Group AG: RENK Enters Into Binding Agreement for the Acquisition of David Brown Defence
Renk Group AG / Keyword: Mergers and Acquisitions / Purchase of parts of a company Renk Group AG: RENK Enters Into Binding Agreement for the Acquisition of David Brown Defence 03. Jul 2026 / 08:30 CET/CEST Disclosure of an inside information acc. to Article 17 of the Regulation (EU) No 596/2014, transmitted by GlobeNewswire. The issuer is solely responsible for the content of this announcement. Augsburg, July 3, 2026 - RENK Group AG, through its wholly-owned subsidiary RENK GmbH, today entered i
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