Philippines Business News

F4 star Vanness Wu surprises fans with marriage announcement

MANILA, Philippines — Vanness Wu has revealed that he has remarried, sharing the news with fans through a social media post just days after performing in Manila with his fellow F4 members. The 47-year-old singer-actor announced the milestone on Instagram on Sunday, June 29, posting a close-up photo of two hands wearing matching wedding bands. While he did not identify his wife in the post, he reflected on what he described as a year filled with personal and professional blessings. "Every g

US consumer confidence rises in June on lower gas prices

Watch : INC holds rally

Members of the Iglesia ni Cristo hold a surprise ‘peace rally’ at the Liwasang Bonifacio in Manila, on June 30, 2026, as a parallel rally was also being held by INC members at the EDSA Shrine. VIDEO MIKE ALQUINTO VIDEO BY MIKE ALQUINTO Check out our Streaming Channel: https://streaming.manilatimes.net/ Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe Visit our website at https://www.manilatimes.net Follow us: Facebook - https://tmt.ph/facebook Instagram - https://tm

Over 58,000 buildings likely damaged or destroyed in Venezuela — satellite data

WASHINGTON, D.C. — The powerful twin earthquakes that struck Venezuela last week damaged or destroyed more than 58,000 buildings, according to a preliminary assessment of satellite data published by US space agency NASA. Some 1,700 people were killed and thousands remain missing following the quakes of magnitude 7.2 and 7.5 — the strongest to hit the South American nation in more than a century. "Approximately 58,870 buildings were likely damaged or destroyed across the affected regi

Toobit 2026 H1 Review: TradFi, Futures, & AI Trading Upgrades

GEORGE TOWN, Cayman Islands, June 30, 2026 (GLOBE NEWSWIRE) -- The first half of 2026 for Toobit has been defined by a focus on building products that help traders navigate markets. The exchange's direction is guided by the goal of refining the trading experience and expanding the variety of available assets and services. By prioritizing utility and security, Toobit remains a steady resource for those managing portfolios in volatile environments. Core Trading Tools Traditional Finance (TradFi) I

Søren Kristensen bliver ny administrerende direktør i Brøndby IF

Brøndbyernes I.F. Fodbold A/S har ansat Søren Kristensen som ny administrerende direktør (Chief Executive Officer). Søren Kristensen tiltræder stillingen senest pr. 1. september. Søren Kristensen kommer fra en stilling som administrerende direktør for Hotel- og Restaurantskolen og har i en årrække forinden været administrerende direktør i FC Nordsjælland. Brøndby IF Bestyrelsen Information Yderligere information om denne meddelelse kan fås hos kommunikationsdirektør Søren Hanghøj på 25 45 68 68.

AB Akola Group raises it's normalised EBITDA guidance for the financial year 2025/2026 to EUR 80-100 million

One of AB Akola Group's strategic financial goals is to achieve normalized annual EBITDA in the range of EUR 70-90 million. Following the strong performance delivered during the financial year 2025/2026, the Group updates its expected normalized EBITDA range for the financial year 2025/2026 from EUR 70-90 million to EUR 80-100 million. For more information: Mažvydas Šileika Deputy CEO for Finance and Investments at AB Akola Group E-mail: m.sileika@akolagroup.lt Mob. +370 619 19 403

ERC cites Yuchengco’s MGI for outstanding operational performance

In selecting MGI for the Geothermal Generation category, ERC highlighted its “significant contribution to the stability, adequacy, and resilience of the Philippine power system.

BCA warns Russia tensions are underappreciated market risk

Canada GDP beats forecasts with 0.5% growth in April

Metro Manila workers to get ‘historic’ P85 minimum wage hike

(2nd UPDATE) The wage increase will take effect in two tranches: P60 on July 19, 2026, and P25 on January 20, 2027

LPA still likely to develop into storm Henry; rainfall warning up over six areas — PAGASA

Heavy rainfall warning is in effect over six areas due to a low pressure area (LPA), which remains likely to develop into a tropical cyclone, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Tuesday. The LPA was last located over the coastal waters of Romblon, Romblon, PAGASA said in its 10 […]

Wolfe sees higher memory prices adding to U.S. inflation pressures

[Vantage Point] CBK: The battle for Luzon’s battery

Even before the Aboitizes came, CBK was the focus of what was potentially the most fiercely contested infrastructure project in modern Philippine history

BlackRock turns cautious on emerging markets, upgrades euro bonds

No high-level U.S.-Iran meeting ahead as Witkoff travels to Doha, Qatar says

Japan’s Takaichi pushes to overhaul budget process to boost growth

Philippines’ trade deficit widens to $5.5 billion in May

The Philippines’ trade deficit widened to $5.48 billion in May from a year ago, as imports grew faster than exports, preliminary data from the statistics agency showed. Data from the Philippine Statistics Authority (PSA) on Tuesday showed the country’s trade in goods deficit ballooned by 50.5% to $5.48 billion in May from $3.64 billion in […]

COMMENTARY: The tipping point for AI glasses

AI glasses sit at the center of that shift.

Final session of first half ahead; U.S.-Iran talks - what’s moving markets

Orqa and Remote Robotic Systems Launch $150M Partnership to Build Canadian Sovereign Capability in Drones, AI, and Counter-UAS Systems

Canada becomes the first non-EU country to join the EU's Security Action For Europe 'SAFE' initiativeEstimated to create 100 new high value tech jobs Target of 10,000 systems per month by 2029TORONTO, June 30, 2026 /PRNewswire/ -- Remote Robotic Systems (RRS) Inc. and Orqa d.o.o. are delighted to announce the signing of an exclusive partnership agreement to expand production of Orqa systems and components in Canada, with the goal of supplying both domestic and export markets. The agreement was s

BMO to Acquire Australia-Based Capital Markets Business of Euroz Hartleys Group, Strengthening Global Metals & Mining Leadership

Combines BMO's market-leading global metals and mining franchise with premier Australian distribution platform, strengthening BMO's position as the leading global metals and mining investment bankEnhances BMO's integrated global platform connecting clients to capital, investors and opportunities across North America, Europe and AustraliaTORONTO and PERTH, June 30, 2026 /PRNewswire/ -- BMO Financial Group (TSX: BMO) (NYSE: BMO) today announced it has entered into a definitive agreement to acquire

FDA Approves Arcutis’ ZORYVE® (roflumilast) Cream 0.3% for the Treatment of Plaque Psoriasis in Children as Young as Age 2

ZORYVE cream 0.3% is the first once-daily, non-steroidal therapy approved for children with plaque psoriasis as young as 2 years of ageZORYVE cream 0.3% is safe, effective, and well-tolerated for use anywhere on the body with no restrictions on duration of useSeventh FDA approval for ZORYVE in four years WESTLAKE VILLAGE, Calif., June 29, 2026 (GLOBE NEWSWIRE) -- Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), a commercial-stage biopharmaceutical company focused on developing meaningful innovation

Plum Acquisition Corp. IV Announces Postponement of Extraordinary General Meeting of Shareholders

NEW YORK, NY, June 29, 2026 (GLOBE NEWSWIRE) -- Plum Acquisition Corp. IV (Nasdaq: PLMK) (the "Company”) today announced that its extraordinary general meeting of shareholders (the "Shareholder Meeting”), originally scheduled to be held on July 2, 2026, will be postponed to July 10, 2026, at 9:00 a.m., Eastern Time, to allow additional time for the Company to engage with shareholders. As a result of the postponement of the Shareholder Meeting, the Company has extended the deadline for delivery o