Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
9958 articles across all sources
DEME orders next-generation trailing suction hopper dredger
DEME is further reinforcing its dredging fleet with the construction of a new 22,000 m³ trailing suction hopper dredger (TSHD), which will strengthen its long-term competitiveness in capital and maintenance dredging, land reclamation, and offshore seabed preparation. Designed to deliver a step-change in productivity, the new vessel will combine a structurally lower cost per dredged cubic meter and reduced greenhouse gas intensity compared to existing vessels in this segment. With this substantia
Read more →Decadent Sticky Rice Recipes for Dessert
NEW YORK, July 01, 2026 (GLOBE NEWSWIRE) -- (Feature Impact) Although many people associate rice with savory dishes, this staple grain can actually level up your dessert game too. Cultures from around the world have invented a variety of creative ways to turn the sticky rice in your pantry into treats you can whip up when you’re on the prowl for something sweet. A Media Snippet accompanying this announcement is available by clicking on this link. Sticky rice, also known as sweet rice, is a speci
Read more →As Soccer Takes the Global Stage This Summer, the BEAR Implant Is Changing the Way ACL Tears are Treated
Orthopedic surgeon Dr. Scott Sigman and BEAR Implant patient and soccer coach Marcelo Cunha join YourUpdateTV to discuss ACL tears and the options for treating them Orthopedic surgeon Dr. Scott Sigman and BEAR Implant patient and soccer coach Marcelo Cunha join YourUpdateTV to discuss ACL tears and the options for treating themNEW YORK, July 01, 2026 (GLOBE NEWSWIRE) -- With soccer taking the global stage this summer, attention is turning to one of the most common injuries in the sport: anterior
Read more →Treasury Bond Auction Announcement - RIKB 29 0416 - RIKB 35 0917
SeriesRIKB 29 0416RIKB 35 0917ISINIS0000039121IS0000035574Maturity Date04/16/202909/17/2035Auction Date07/03/202607/03/2026Settlement Date07/08/202607/08/202610% addition07/07/202607/07/2026 On the Auction Date, between 10:30 am and 11:00 am, the Government Debt Management will auction Treasury bonds in the Series, with the ISIN numbers and with the Maturity Dates according to the table above. Payments for the Treasury bonds must be received by the Central Bank before 14:00 on the Settlement Dat
Read more →XYPN SAPPHIRE EXPANDS LEADERSHIP TEAM AS PLATFORM SURPASSES $1 BILLION IN ASSETS
Firm expands leadership bench with key leadership additions and internal promotions as advisor platform continues rapid growth BOZEMAN. Mont., July 01, 2026 (GLOBE NEWSWIRE) -- XYPN Sapphire, the integrated RIA platform built for independent financial advisors, today announced the expansion of its leadership team as it surpasses $1 billion in assets under management and advisement and continues to scale its support for advisors nationwide. Today, Sapphire supports 56 advisors serving over 800 cl
Read more →ASSP Appoints Monique Parker, CSP, as New President
Safety leader brings more than 20 years of experience and focus on workforce development Monique Parker Headshot of Monique Parker, CSP, president, ASSP PARK RIDGE, Illinois, July 01, 2026 (GLOBE NEWSWIRE) -- Monique Parker, CSP, chief sustainability officer at Elevra Lithium, today began serving as the 111th president of the American Society of Safety Professionals (ASSP) and chair of the ASSP Foundation, the Society’s charitable arm. Parker will serve a one-year term and succeeds Linda Tapp, C
Read more →Al Tahaluf Rebrands to HOV Global as K. Hovnanian Middle East Expands its Investment in Saudi Arabia
K. Hovnanian Middle East begins its next chapter as the Saudi developer deepens its investment in the Kingdom, reinforcing its long-term commitment to Saudi Arabia and Vision 2030 RIYADH, Saudi Arabia, July 01, 2026 (GLOBE NEWSWIRE) -- Al Tahaluf Real Estate Company CJSC today announced its rebrand to HOV Global CJSC following an increase in majority ownership by K. Hovnanian M.E. Investments, LLC (KHME), a subsidiary of Hovnanian Enterprises, Inc. (NYSE: HOV), one of the largest homebuilders in
Read more →Information on share capital and voting rights - June 2026
Information on share capital and voting rights June 2026 Statement made in accordance with article L. 233-8 II of the French commercial Code and articles 221-1 2 ° f) and 223-16 of the AMF Regulations. July 1st, 2026 Statement made by: Nexans S.A. Registered office : 4 Allée de l’Arche - 92400 Courbevoie RCS Nanterre 393 525 852 Regulated market of Euronext Paris (Compartment A) Date Total number of shares Total number of voting rightsTheorical (1)Exercisable (2)June 30th, 202643,746,79343,746,7
Read more →Shares rebound as investors pick up bargains
PHILIPPINE SHARES ended higher on Wednesday as investors took advantage of lower valuations after the market’s steep decline in the prior session. The Philippine Stock Exchange index (PSEi) rose by 0.53% or 32.09 points to close at 6,069.26, while the broader all shares index went up by 0.16% or 5.49 points to end at 3,324.78. […]
Read more →Water firms expect buffers to be adequate ahead of El Niño
WATER CONCESSIONAIRES serving Metro Manila said they are ensuring they can tap water reserves ahead the onset of El Niño, as low water levels at Angat Dam led to the reduction of the water allocation for the capital. Maynilad Water Services, Inc. and Manila Water Co., Inc. told customers that they expect their supply to […]
Read more →Price council backs 60 more days of P50 price cap on imported rice
AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. said the National Price Coordinating Council supported the Department of Agriculture’s recommendation to extend by 60 more days the P50 per kilo price cap on imported 5% broken rice. Mr. Laurel told reporters that such an extension would be the last one. It is awaiting approval from President […]
Read more →Pricing being determined for vehicle-to-grid power supply scheme
THE Energy Regulatory Commission (ERC) said it is preparing regulations that will govern electric vehicles (EVs) whose owners would like to offer their excess energy to the grid. Sharon O. Montañer, ERC director of the Market Operations Service, said the regulator is hoping to issue an EV framework this year which will include vehicle-to-grid (V2G) […]
Read more →Tarlac developer Hann registers with PEZA as domestic market enterprise
THE Philippine Economic Zone Authority (PEZA) said it signed a registration agreement (RA) with integrated resort developer Hann Philippines, Inc., certifying it as an economic zone domestic market enterprise for tourism. “The agreement formalizes the registration of Hann Philippines as a PEZA Ecozone Domestic Market Enterprise for tourism,” PEZA said in a statement on Wednesday. […]
Read more →Employers call for more reforms to boost productivity following wage hike order
BUSINESS GROUPS said the P85 wage hike for Metro Manila must be accompanied by further reforms to boost productivity and reduce the cost of doing business, to ensure that employers can comply with the order. Philippine Chamber of Commerce and Industry President Ferdinand A. Ferrer, while signaling his organization’s willingness to comply, called for policies […]
Read more →Transfer process for club shares simplified by BIR
THE Bureau of Internal Revenue (BIR) said it is streamlining the process for nominee transfers of proprietary club shares. In a statement on Wednesday, the BIR said it issued Revenue Memorandum Circular 72-2026, clarifying the tax treatment of nominee transfers of proprietary club shares that do not involve any change in beneficial ownership. The circular […]
Read more →Key food prices decline month on month in June
THE Philippine Statistics Authority (PSA) said on Tuesday that prices of key food commodities fell month on month during the June 15 to 17 period, which the PSA calls the second phase of June. Well-milled rice prices fell 3% month on month to P56.15 per kilogram. Year on year, prices rose 14.3%. Fresh bone-in pork […]
Read more →PHL net external liability position widens in Q1
THE PHILIPPINES’ international investment position (IIP) remained at a net external liability position in the first quarter, widening 8.1% from a quarter earlier to $54.924 billion in the face of heightened market volatility, the Bangko Sentral ng Pilipinas (BSP) said. Year on year, the net liability position narrowed by 2%. The end-of-March net liability was […]
Read more →Property tax exemptions granted to farm storage facilities
THE Department of Agriculture (DA) said it and the Department of the Interior and Local Government (DILG) signed a joint memorandum circular exempting farm storage facilities from local real property taxes. Agriculture Secretary Francisco P. Tiu Laurel, Jr. and Interior and Local Government Secretary Juanito Victor C. Remulla, Jr. conducted a ceremonial signing at the DA’s […]
Read more →PHL construction industry posted strong start in 2025 but faded late — Hearn & Hearn
THE construction industry’s performance in 2025 was a “tale of two halves,” with a strong start driven by infrastructure and industrial investment eventually fading due to significant headwinds and a cooling economy, according to Hearn & Hearn Consulting. The firm noted that the initial half of the year saw strong expansion in construction output, supported […]
Read more →RMC No. 55-2026: Every tax return tells a story
Not judging a book by its cover is surely an overused piece of advice, but its wisdom endures. Readers will know that a book’s essence is not found on its cover. The details woven throughout its pages are what bring the story to life. The same principle applies to tax compliance. It’s the supporting details […]
Read more →Coalition questions INC rally backing senator facing P75-M plunder lawsuit
A COALITION of civil society organizations, church leaders, sectoral groups and political parties on Wednesday questioned the Iglesia ni Cristo (INC)-led rally at the EDSA People Power Monument in Quezon City, saying public assemblies should not be used to influence legal proceedings involving elected officials. “Why should any politician need tens of thousands of people […]
Read more →Senate links Tacloban attack to online extremist group
INITIAL FINDINGS presented at a Senate hearing on Wednesday showed that the June 22 school shooting in Tacloban City might have been influenced by an online extremist network that grooms vulnerable children into committing violent acts, Senator Ana Theresia “Risa” N. Hontiveros-Baraquel said.
Read more →Marcos vows sustained funding for Philippine Air Force modernization
PRESIDENT Ferdinand R. Marcos, Jr. on Wednesday pledged sustained funding for the Philippine Air Force (PAF) as the government accelerates efforts to boost the country’s territorial defense amid an increasingly challenging regional security environment. The modernization program includes the planned acquisition of long-range patrol aircraft, more Black Hawk and Bell 412 EPX helicopters, advanced surveillance […]
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