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
LPA turns Tropical Depression Henry; Signal 1 up over 3 Luzon areas
MANILA, Philippines – The low-pressure area (LPA) off Bataan has become a tropical depression named ‘Henry,’ as the state-run weather agency on Wednesday quickly raised storm signal in at least three Luzon areas. Areas under Wind Signal 1 include the southwestern portion of Zambales (San Antonio, Castillejos, Subic, Olongapo City), the western portion of Bataan (Morong, Bagac, Mariveles), and Lubang Islands in Occidental Mindoro, weather specialist Chenel Dominguez of the Phili
Read more →Santander Consumer Bank Partners with Taiga to Provide Retail Financing Options in Canada
Orca WX3 Floating Orca WX3 Floating in the water near trees Orca on the Lake Orca floating in the water Orca Playing in the Water Orca Playing in the Water Orca WX3 Wakeboard Wakeboarding behind an Orca WX3 MONTREAL, June 30, 2026 (GLOBE NEWSWIRE) -- Santander Consumer Bank, a leading consumer finance company in Canada and part of Banco Santander’s global Digital Consumer Bank business, today announced a new partnership with Taiga Motors, Inc. ("Taiga”), a cutting-edge manufacturer of EV Persona
Read more →ITG, Inc. Announces Pricing of Initial Public Offering
FORT LAUDERDALE, Fla., June 30, 2026 (GLOBE NEWSWIRE) -- ITG, Inc. ("ITG” or the "Company”), a leading provider of end-to-end services to the communications and digital infrastructure industries, today announced the pricing of its initial public offering (the "offering”) of 19,512,196 shares of its Class A common stock (the "Common Stock”) at a price to the public of $16.00 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 2,926,829
Read more →Renaissance Phuket Resort & Spa Introduces the Ultimate All-Inclusive Escape to Discover Phuket
PHUKET, Thailand, July 1, 2026 /PRNewswire/ -- Renaissance Phuket Resort & Spa has unveiled a new all-inclusive package in Phuket, combining newly renovated accommodations with unlimited breakfast, lunch, dinner, and beverages. The package invites travelers to experience more of Phuket through award-winning dining, authentic local culture, wellness, and family-friendly activities-all included in one seamless holiday. Renaissance Phuket Resort & Spa Introduces the Ultimate All-Inclusive Escape to
Read more →Westport Publishes Annual General and Special Meeting Results
VANCOUVER, British Columbia, June 30, 2026 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. ("Westport" or the "Company") (TSX:WPRT / Nasdaq:WPRT), today held its Annual General and Special Meeting of Shareholders (the "Meeting") in a virtual format. Shareholders approved all resolutions presented at the meeting including the election of all nominated directors for the ensuing year, the appointment of Deloitte LLP as the Company's auditors for the fiscal year, the advisory vote on executive compen
Read more →Carbon Streaming Announces Upenergy Default Under Community Carbon Stream Buyout Agreement
TORONTO, June 30, 2026 (GLOBE NEWSWIRE) -- Carbon Streaming Corporation (Cboe CA: NETZ) (OTCID: OFSTF) (FSE: M2Q) ("Carbon Streaming” or the "Company”) announces that UpEnergy Group failed to pay the closing payment of US$4.9 million (the "Buyout Payment Default”) under the previously announced Community Carbon Buyout Agreement between UpEnergy Group, Community Carbon (collectively, the "UPE Parties”) and the Company dated March 12, 2026 (the "Buyout Agreement"). As a result of the Buyout Paymen
Read more →BranchOut Food Secures Estimated $8 Million Annual Revenue Program with Nation's Second-Largest Warehouse Club
Exceptional sales converted the limited-time May placement into a recurring everyday program in 309 clubs, validating BranchOut's innovation strategy and differentiated product portfolio Key Highlights: Estimated $8 Million Annual Program: Successful May rotation converts to everyday recurring placement in 309 clubs after exceptional sales velocity achieved.Positive Cash Flow Anticipated: The everyday program represents a significant step increase in production volume, enabling continuous produc
Read more →Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Schedules Second Quarter 2026 Conference Call for August 4, 2026
MIDLAND, Texas, June 30, 2026 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ: VNOM) ("Viper”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback”), today announced that it plans to release second quarter 2026 financial results on August 3, 2026 after the market closes. In connection with the earnings release, Viper will host a conference call and webcast for investors and analysts to discuss its results for the second quarter of 2026 on Tuesday, August 4, 2026 at 10:00 a.m. C
Read more →Diamondback Energy, Inc. Schedules Second Quarter 2026 Conference Call for August 4, 2026
MIDLAND, Texas, June 30, 2026 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback”), today announced that it plans to release second quarter 2026 financial results on August 3, 2026 after the market closes. In connection with the earnings release, Diamondback will host a conference call and webcast for investors and analysts to discuss its results for the second quarter of 2026 on Tuesday, August 4, 2026 at 8:00 a.m. CT. Access to the live webcast, and replay which will be
Read more →Banks risk losing the commercial spend relationship as finance moves beyond traditional banking
Australian fintech Inlogik appoints Charles Crane as CEO to lead its next phase of growth SYDNEY, July 1, 2026 /PRNewswire/ -- The commercial banking battleground is shifting. Charles Crane, Chief Executive Officer, Inlogik. Crane believes the next competitive battleground for banks will be owning the commercial finance experience, not just processing payments. Increasingly, the question is not just who holds the account or processes the transaction. It is who owns the experience around commerci
Read more →Metro Manila gets P85 daily wage hike
THE DAILY minimum wage in Metro Manila will increase to P780 by January 2027 after the Regional Tripartite Wages and Productivity Board-National Capital Region approved an P85 increase to be implemented in two phases, Labor Secretary Francis N. Tolentino announced on Tuesday.
Read more →Trade deficit balloons in May as imports jump
THE Philippines’ trade-in-goods deficit widened to $5.48 billion in May from a year ago, as imports grew faster than exports, according to the statistics agency.
Read more →BSP expects June inflation at 6-7%
PHILIPPINE INFLATION likely accelerated to as high as 7% in June, as rising electricity rates and higher vegetable prices offset declines in oil and other key food items, the Bangko Sentral ng Pilipinas (BSP) said on Tuesday. In its month-ahead inflation forecast, the BSP said inflation likely settled at 6% to 7% in June, faster […]
Read more →Slowing remittance growth seen to weigh on consumption
HOUSEHOLD CONSUMPTION in the Philippines could moderate even more as remittance growth slows amid the conflict in the Middle East, according to ING Bank N.V.
Read more →Meralco sees core profit topping P50.6B this year on power, retail supply growth
MANILA ELECTRIC Co. (Meralco) expects its full-year earnings to surpass last year’s record core net income of P50.6 billion, driven by higher electricity sales, growing contributions from its power generation business, and continued expansion of its retail electricity supply (RES) operations.
Read more →Century Pacific stands by P8-9B capex amid headwinds
CENTURY PACIFIC FOOD, Inc. (CNPF) is maintaining its P8-billion to P9-billion capital expenditure (capex) program this year despite weaker consumer confidence, higher operating costs, and geopolitical uncertainties, as the listed food manufacturer bets on sustained demand for affordable food and continued strength in its export business. “Our capex this year is about P8-9 billion, and […]
Read more →Distilling emotion with the textures and colors of nature
FOR Erikson Arcilla, his recent stint at Art Fair Philippines — where he presented meditative oil paintings of moss growing on rock formations — affirmed that he was heading in the right direction.
Read more →Arthaland Corp. bets on premium residential recovery with Makati launch
ARTHALAND CORP. is betting on a recovery in the premium residential market as it launched Sondris, a luxury condominium development in Makati in partnership with Mitsui Fudosan (Asia), extending a collaboration that has spanned more than a decade. The project combines Arthaland’s focus on sustainable development with the Japanese property firm’s expertise in efficient urban […]
Read more →Brown Madonna: Excessive, erotic, ecstatic
IT TOOK eight years of research, performance, collaboration, and personal excavation for contemporary dance artist Ea Torrado to finally stage her full-length dance theater piece Brown Madonna, which tackles the terrains of Filipina identity, motherhood, labor, class, memory, Catholic iconography, and queer sensuality. The deeply personal work, described as “part ritual and part spectacle,” will […]
Read more →Bond yields go down as oil’s drop eases inflation worries
THE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) it offered on Tuesday at a lower average yield as the drop in oil prices amid news of efforts to come up with a peace deal to end the Middle East conflict eased inflation concerns. The Bureau of the Treasury (BTr) borrowed P30 […]
Read more →Metro Pacific Health expands to 31 hospitals with Batangas deal
METRO PACIFIC Health Corp. (MPH), the healthcare arm of Metro Pacific Investments Corp. (MPIC), has completed its investment in First United 23, Inc., the operator of two hospitals in Batangas, expanding its nationwide network to 31 hospitals. The transaction marks MPH’s 19th and 20th provincial hospital partnerships and its first in Batangas, completing the company’s […]
Read more →Arts & Culture (07/01/26)
THE Filipinas Heritage Library, with support from the Toshiba International Foundation, will present Between Two Worlds: A Philippine Diary, 80 Years Ago — by Shinichi Komatsu from July 2 to Aug. 16 at the Ayala Museum as part of the 70th anniversary of Philippines-Japan diplomatic relations.
Read more →PHL posts net hot money inflow in May
FOREIGN portfolio investments (FPI) yielded a net inflow in May following two straight months of outflows amid improving risk appetite, preliminary central bank data showed. Transactions on foreign investments registered with the Bangko Sentral ng Pilipinas (BSP) through authorized agent banks yielded a net inflow of $232.46 million in May, down from the $600.77-million net […]
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