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
Crypto News: Ethereum Based Crypto Pepeto Presale Is Selling Out Fast - Is This The 2026 Breakout
DUBAI, United Arab Emirates, July 02, 2026 (GLOBE NEWSWIRE) -- The Ethereum based crypto Pepeto just closed another crypto presale round in hours, and projects do not pull this kind of money in a red market without serious potential behind them, and that potential is exactly why every crypto community right now is talking about Pepeto. The only question left for anyone watching this new crypto from the outside is what exactly they are missing. Broader market conditions add to that conviction, be
Read more →WATCH: PH, Canada sign 4 deals during Marcos' visit
The Philippines and Canada on Thursday (Friday in Manila) sign four agreements aimed at further strengthening bilateral ties between the Philippines and Canada during the official visit of President Ferdinand Marcos Jr. Marcos and Canadian Prime Minister Mark Carney witnessed the signing of the agreements on energy, natural resources, tourism, labor and immigration, and culture and the arts following their bilateral meeting at Vancouver Convention Center. VIDEO BY CATHERINE VALENTE
Read more →Chinese inventors Xie Yinghao and Yu Haijun secure dual win at the European Inventor Award 2026 for smart battery recycling
Xie Yinghao, Yu Haijun and their team receive the European Inventor Award 2026 in the Non-EPO Countries category, as well as winning the Popular Prize, for their process that transforms spent lithium-ion batteries into high-quality materialsThe technology achieves recovery rates of 99.6% for nickel, cobalt and manganese and 96.5% for lithium, while reducing acid and alkali consumption by 73%The process produces battery-grade materials with a 61% lower carbon footprint than conventional productio
Read more →Herb Meiner's Rock It Like Herb Unveils a New Episode on Leadership, Innovation, and Transparency
Bali, Indonesia, July 02, 2026 (GLOBE NEWSWIRE) -- Herb Meiner has released the latest episode of his YouTube series, Rock It Like Herb. The new episode explores why transparency, accountability, and trust are becoming increasingly important in the future of digital innovation while continuing the series' broader conversations on leadership, entrepreneurship, wellness, and purposeful growth. Since launching in October 2025, Rock It Like Herb has become a platform where entrepreneurs, investors,
Read more →Northern Discovery Closes Non-Brokered Private Placement
// NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES // CALGARY, Alberta, July 02, 2026 (GLOBE NEWSWIRE) -- Northern Discovery Metals Inc. (the "Company” or "Northern Discovery”) is pleased to announce that it has closed a non-brokered private placement offering of 4,900,000 units (the "Units”) of the Company at a price of $0.25 per Unit for gross proceeds of $1,225,000 (the "Offering”). Each unit consists of one (1) common share ("Share”) and one
Read more →WATCH: Marcos: PH, Canada elevate ties to strategic partnership
The Philippines and Canada agree to enhance their partnership by elevating their bilateral relations to a strategic partnership that will deepen defense and economic cooperation. President Ferdinand Marcos Jr. made the announcement following his meeting with Canadian Prime Minister Mark Carney at the Vancouver Convention Center Thursday (Friday in Manila). VIDEO BY CATHERINE VALENTE
Read more →Terra Innovatum Appoints Smart Wires CEO Joanna Lohkamp as Independent Director
Appointment adds board governance and operating leadership as Terra advances NRC licensing, FOAK deployment, and commercialization of SOLO NEW YORK, July 02, 2026 (GLOBE NEWSWIRE) -- Terra Innovatum Global N.V. ("Terra Innovatum" or the "Company”) (NASDAQ: NKLR), a developer of micro-modular nuclear reactors, today announced the appointment of Joanna Lohkamp, Chief Executive Officer of Smart Wires, to its Board of Directors, effective July 1, 2026. Lohkamp brings more than 30 years of global ope
Read more →Alarum Technologies Responds to Inquiry into Residential Proxy Networks
Tel Aviv, Israel, July 02, 2026 (GLOBE NEWSWIRE) -- Alarum Technologies Ltd. (Nasdaq: ALAR, TASE: ALAR) ("Alarum” or the "Company”) today issued the following statement in response to recent reports regarding their proxy network operations. On July 2, 2026 Alarum and its subsidiary NetNut Ltd. ("NetNut”) were made aware of the seizure of certain domains associated with NetNut by the FBI. Alarum takes this matter seriously and will fully cooperate with law enforcement to ensure any misuse of its
Read more →Bulldog Investors Urges Shareholders of XFLT to Vote No at Special Meeting
SADDLE BROOK, N.J., July 02, 2026 (GLOBE NEWSWIRE) -- Bulldog Investors, LLP, a significant shareholder of XAI Floating Rate & Alternative Income Trust (NYSE: XFLT), holding 310,000 shares, announced today that it intends to vote against a new sub-advisory agreement at the July 30th special meeting of shareholders unless and until the Board of Trustees agrees to provide an opportunity for shareholders to monetize their shares at a price close to net asset value (NAV). For background, XFLT initia
Read more →Equinor ASA: Completed share capital reduction
On 12 May 2026, the annual general meeting of Equinor ASA (OSE: EQNR, NYSE: EQNR) resolved to reduce the company's share capital by NOK 415,146,180.00 from NOK 6,392,018,780.00 to NOK 5,976,872,600.00 through cancellation and redemption of a total of 166,058,472 shares. The creditor notice period for the capital reduction has expired, and the capital reduction was registered as effective with the Norwegian Register of Business Enterprises today, 2 July 2026. Following completion of the capital r
Read more →Aeroméxico June 2026 Traffic Results
MEXICO CITY, July 02, 2026 (GLOBE NEWSWIRE) -- Grupo Aeroméxico S.A.B. de C.V. (NYSE: AERO & BMV: AERO, "Aeroméxico”) reports its June 2026 operational results: Grupo Aeroméxico transported 1 million and 851 thousand passengers in June 2026, a 9.0% year-over-year decrease. International passengers decreased by 1.4%, while domestic passengers decreased by 13.0%.Aeroméxico's total capacity, measured in available seat miles (ASMs), increased by 0.9% year-over-year. International ASMs increased by 4
Read more →Vor Bio Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
BOSTON, July 02, 2026 (GLOBE NEWSWIRE) -- Vor Bio (Nasdaq: VOR), a clinical-stage biotechnology company transforming the treatment of autoimmune diseases, today announced that, on July 1, 2026, the Compensation Committee of the Board of Directors granted stock options to purchase an aggregate of 71,200 shares of Vor Bio’s common stock and restricted stock units ("RSUs”) representing the right to receive an aggregate of 15,150 shares of Vor Bio’s common stock to 7 newly hired employees. The foreg
Read more →VivoPower Reinforces Focus on AI Data Center Business and Provides Update on Non-Core Businesses
LONDON, UNITED KINGDOM, July 02, 2026 (GLOBE NEWSWIRE) -- VivoPower PLC (NASDAQ: VIVO) ("VivoPower” or the "Company”), a B Corp-certified global developer and owner of powered land and data center infrastructure for AI compute applications, today provides the following update in respect of its strategic direction and the previously announced separation initiatives relating to its subsidiaries Tembo e-LV B.V. ("Tembo”) and Caret Digital ("Caret Digital”). Following a strategic review, the Board o
Read more →ICE detains 10K in 5 days amid intensified Trump deportation push
WASHINGTON — Immigration and Customs Enforcement arrested 10,000 people over a five-day period at the end of June, marking a major push by the agency tasked with carrying out the Trump administration's mass deportations agenda. The arrest numbers, obtained from a person familiar with the information who spoke anonymously to discuss data that has not been publicly released, comes after the agency shifted its approach from high-profile arrest sweeps in major American cities to quieter ways t
Read more →Osprey Acquisition Corp. III Completes $300.15 Million Initial Public Offering
PHILADELPHIA, PA, July 02, 2026 (GLOBE NEWSWIRE) -- Osprey Acquisition Corp. III (NASDAQ:OSPRU) (the "Company”) today announced the closing of its initial public offering of 30,015,000 units, which includes 3,915,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $300,150,000. The Company’s units began trading on the Nasdaq Global Market ("Nasdaq”) on July 1, 2026 under t
Read more →NG debt rises to P18.55 trillion in May
NATIONAL GOVERNMENT (NG) debt rose in May as it continued to raise funds to support financing needs, the Bureau of the Treasury (BTr) said. The latest data from the Treasury showed that outstanding debt stood at P18.55 trillion as of end-May, inching up by 0.41% from the previous month’s level of P18.47 trillion. “The increase […]
Read more →Economists warn slower growth could threaten Philippines’ UMIC status
PRESIDENT Ferdinand R. Marcos, Jr. on Thursday welcomed the Philippines’ reclassification as an upper-middle income country (UMIC) by the World Bank, but economists cautioned that slowing growth could threaten the country’s ability to retain the status.
Read more →CPTPP seat key to expanding Philippines’ role in global supply chain
THE PHILIPPINES could gain access to lower tariffs and secure a bigger role in global supply chains if it gains a seat in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Read more →Japanese investors interested in MRT-3 PPP project
AT LEAST 26 Japanese firms have expressed interest to invest in the planned Metro Rail Transit Line 3 (MRT-3) public-private partnership (PPP) project, according to the Department of Transportation (DoTr).
Read more →Metro Manila hotel operators tout ESG as driver of asset value, profitability
METRO MANILA’S hospitality sector is increasingly integrating environmental, social, and governance (ESG) initiatives into business strategies, with industry executives saying such investments can enhance profitability and asset values as the market prepares for the addition of about 4,000 hotel rooms by yearend. Samantha de Mello, director of ESG for Asia Pacific at Hyatt Hotels Corp., […]
Read more →Analysts say PSE negotiated trades proposal fills market structure gap
THE Philippine Stock Exchange’s (PSE) proposed negotiated trades facility would address a long-standing gap in the local equity market by allowing certain legitimate pre-arranged transactions that cannot be executed under the exchange’s existing trading rules, according to analysts. “The PSE’s proposal to introduce a negotiated trades facility is a constructive and timely market structure reform […]
Read more →Keeping the reel and real separate
THE leads in The Loyalty Game — the latest Filipino series showing on streaming service Prime Video — real-life celebrity couple Jericho Rosales and Janine Gutierrez, made it a point to keep their reel life from seeping into their real life.
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