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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

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Manila Times Business

Webull Australia partners with Qantas Frequent Flyer to reward Australian clients with Qantas Points

Share trading platform,Webull Australia, is partnering with Qantas Frequent Flyer, the nation's largest airline loyalty program, to give Australian clients a new way to earn Qantas Points. SYDNEY, July 1, 2026 /PRNewswire/ -- Webull Securities (Australia) Pty Ltd ("Webull Australia"), a subsidiary of Webull Corporation (NASDAQ: BULL), the owner of the Webull trading platform, today announced a new partnership with Qantas Frequent Flyer that will enable new and existing eligible clients to earn Q

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Manila Times Business

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

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Manila Times Business

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

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Manila Times Business

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

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Manila Times Business

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

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Manila Times Business

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

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Manila Times Business

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

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Manila Times Business

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

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Manila Times Business

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

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Manila Times Business

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

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Manila Times Business

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

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BusinessWorld

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.

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BusinessWorld

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.

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BusinessWorld

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 […]

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BusinessWorld

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.

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BusinessWorld

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.

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BusinessWorld

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 […]

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BusinessWorld

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.

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BusinessWorld

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 […]

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BusinessWorld

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 […]

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BusinessWorld

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 […]

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BusinessWorld

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 […]

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BusinessWorld

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.

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BusinessWorld

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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