Philippines Business News

Facephi Reinforces Its Presence in the Regulated Gaming Industry Following Successful Deployment with The OxiaCore Project

Facephi Reinforces Its Presence in the Regulated Gaming Industry Following Successful Deployment with The OxiaCore Project The collaboration strengthens Facephi's position in the regulated gaming sector while further diversifying its presence across high-growth industries.Facephi's identity verification technology enabled The OxiaCore Project to reduce commission fraud by 80% in less than one year, supporting its expansion into new regulated markets.The platform is expected to surpass one millio

Comfort Zone Camp Returns to Michigan to Bring Free, Specialized Grief Support to Children Bereaved by Suicide

With Nearly 200,000 Michigan Children Grieving a Parent or Sibling, Non-profit Bereavement Camp Offers Suicide Loss-Specific Programming This September in Partnership with Herbert Adelman Foundation RICHMOND, Va., July 02, 2026 (GLOBE NEWSWIRE) -- Comfort Zone Camp (CZC), a nonprofit dedicated to supporting the estimated 6.6 million American children who will experience the death of a parent or sibling before the age of 18, today announced the return of its 3rd Michigan Suicide Loss Weekend Camp

Cumberland Farms Limited Files Registration Statement for Proposed Initial Public Offering

CHARLOTTE, N.C., July 02, 2026 (GLOBE NEWSWIRE) -- Cumberland Farms Limited ("Cumberland Farms”) today announced that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission ("SEC”) relating to a proposed initial public offering of its ordinary shares. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Cumberland Farms has applied to list its ordinary shares on the Nasdaq Global Select

Minerals Technologies Inc. Announces Second Quarter 2026 Conference Call on July 31, 2026

NEW YORK, July 02, 2026 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) ("MTI”), a leading, technology-driven specialty minerals company, today announced that it will release results for its second quarter ended July 5, 2026, on Thursday, July 30, 2026, after the market close. MTI will host a conference call on Friday, July 31 at 11 a.m. Eastern Time (ET) to discuss these results. Investors and other interested parties can access the webcast and presentation materials on MTI’s Investo

Tripo AI Raises $150 Million in Series A3 Financing, Backed by Investors Across Automotive, Gaming, Internet, and Technology Sectors

San Francisco, July 02, 2026 (GLOBE NEWSWIRE) -- Tripo AI announced this month that it has completed its Series A3 financing round, raising $150 million. The round brought together a broad group of strategic and financial investors across the automotive, gaming, internet, and technology sectors. Automotive backers included Geely Capital among other strategic investors. Gaming companies 4399 Network, Tanwan, and Giant Network also took part, alongside strategic investors Fosun Capital and Orinno

MSIG USA Supports Innovative DEG Fund to Expand Sustainable Investment Across Developing Markets

NEW YORK, July 2, 2026 /PRNewswire/ -- MSIG USA today announced its participation in an innovative investment structure with DEG, one of the leading private-sector development finance institutions and a subsidiary of KfW Group, designed to finance and mobilize further private capital for sustainable investment across developing and emerging markets. The announcement was made during the Hamburg Sustainability Conference, where DEG introduced the new structure that will support a $500 million inve

PatentVest Publishes New IP Legal Insights Article Examining Why Patent Prosecution Is Ready for AI

Dallas, TX, July 02, 2026 (GLOBE NEWSWIRE) -- PatentVest today announced the publication of a new article in its IP Legal Insights section, continuing the firm's commitment to providing practical legal guidance on the technologies and legal developments reshaping intellectual property. The latest article, "Why Patent Prosecution Is Ready for AI," written by Michael Ohrenberger, Patent Attorney at PatentVest, explores why patent prosecution is uniquely positioned to benefit from artificial intell

Vishay Intertechnology 34 PHE Multi-Turn Absolute Position Sensor Delivers High Accuracy and Stability at a Reduced Cost

10-Turn Device Offers Linearity Down to ± 1 %, Resolution of 1°, and a Lifespan of > 10 Million Cycles in a 7/8 in Diameter Body MALVERN, Pa., July 02, 2026 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new ready-to-use multi-turn absolute position sensor designed for high accuracy and long term stability in demanding environments. Featuring non-contacting Hall Effect technology, the Vishay Sfernice 34 PHE delivers linearity down to ± 1 % (full stroke), resoluti

Profusa Announces 1-for-25 Reverse Stock Split

BERKELEY, California, July 02, 2026 (GLOBE NEWSWIRE) -- Profusa, Inc. ("Profusa” or the "Company”) (Nasdaq: PFSA), a commercial stage digital health company pioneering a next-generation technology platform enabling the continuous monitoring of an individual’s biochemistry, today announced that it filed an amendment to its amended and restated certificate of incorporation with the Secretary of State of the State of Delaware to effect a one-for-twenty-five (1:25) reverse stock split of its common sto

Morpho Unveils Desktop UV Printing System to Bridge the Gap Between Industrial Power and Creative Freedom

NEW YORK, July 02, 2026 (GLOBE NEWSWIRE) -- Morpho, a creator-focused hardware innovation company, announced the launch of its flagship desktop UV printing system, built around a simple vision: the ultimate desktop UV printer today, expandable for endless possibilities tomorrow. Designed to transform how artists, Etsy sellers, makers, and small businesses approach object personalization, Morpho strips away the complexity and heavy maintenance of traditional industrial equipment, repackaging prof

Trust Dice Introduces 25 Free Spins on Registration No Deposit UK Offer for New Players

Trust Dice launches a 25 free spins on registration no deposit UK offer for new players, highlighting a simple no deposit bonus, free spins on sign up, and casino welcome bonus UK opportunity for eligible users. TrustDice TrustDice London, UK, July 02, 2026 (GLOBE NEWSWIRE) -- Trust Dice today announced the launch of its latest player acquisition promotion, a 25 free spins on registration no deposit UK offer designed for new users who want to explore the platform without making an initial deposi

Changan Automobile Announces Global Strategic Partnership with the Portugal National Football Team, Leveraging Global Sports IP to Deepen MEA Market Layout

DUBAI, United Arab Emirates, July 02, 2026 (GLOBE NEWSWIRE) -- As the grand 2026 North American football spectacle unfolds and captures global attention on the pitch, powerhouse Portugal takes to the field once again. Ahead of the tournament’s kickoff, Changan Automobile entered into a landmark global strategic partnership with the Portuguese Football Federation (FPF), becoming the Official Global Partner of the Portugal National Football Team. Rooted in the shared brand ethos of Stay in the Gam

Stolt-Nielsen Limited to Host a Video Conference to Present the Results for the Second Quarter and First Half of 2026

LONDON, July 2, 2026 - Stolt-Nielsen Limited (Oslo Børs: SNI) will host a virtual presentation to discuss the Company’s unaudited results for the second quarter and first half of 2026 on Thursday, July 9, 2026 at 15:00 CEST (09:00 EDT, 14:00 BST). The virtual presentation will be hosted by: - Udo Lange - Chief Executive Officer, Stolt-Nielsen Limited - Jens F. Grüner-Hegge - Chief Financial Officer, Stolt-Nielsen Limited - Alex Ng - Vice President, Corporate Development and Strategy, Stolt-Niels

Starlight Children’s Foundation wins British F1® Allwyn Global Community Award to make hospital stays kinder for children

SILVERSTONE, United Kingdom, July 02, 2026 (GLOBE NEWSWIRE) -- Starlight Children’s Foundation has been named the British winner of the F1® Allwyn Global Community Award at the FORMULA 1® PIRELLI BRITISH GRAND PRIX 2026. The charity, which helps critically ill children in hospital play, laugh and do the things they love while receiving treatment, has been awarded €100,000 from Allwyn AG, the multi-national lottery-led entertainment company whose UK subsidiary operates The National Lottery. The A

Infineon opens the world's largest fab for power semiconductors and analog/mixed-signal technologies in Dresden

- Investment of 5 billion euros strengthens manufacturing base for highly modern power semiconductors, creating 1,000 jobs in the "Smart Power Fab" - Infineon chips enable energy-efficient solutions for automotive and industrial applications such as power supplies for AI data centers, renewable energy sources, power grids and software-defined vehicles - Capacity ramp-up at double speed possible to leverage market opportunities effectively and flexibly DRESDEN, Germany, July 2, 2026 /PRNewswire/

Bora Pharmaceuticals Completes Acquisition of MacroGenics’ Rockville Manufacturing Operations

Transaction Valued at $122.5M Establishes 20,000-Liter US Biologics Drug Substance Manufacturing Platform, Covering Development through Commercial Supply TAIPEI, TAIWAN - Media OutReach Newswire - 2 July 2026 - Bora Pharmaceuticals Co., Ltd. ("Bora" or "Bora Group"; TWSE: 6472; OTCQX: BORAY) today announced the completion of its acquisition of the GMP manufacturing operations of MacroGenics, Inc. (NASDAQ: MGNX) including its biologics drug substance facility in Rockville, Maryland and an associa

PSEi back at 6,100 range as sentiment improves

PHILIPPINE SHARES climbed further on Thursday, pushing the main index past the 6,100 mark, as renewed optimism over the country’s economic prospects supported buying activity. The Philippine Stock Exchange index (PSEi) rose by 0.93% or 56.46 points to close at 6,125.72, while the broader all shares index went up by 0.54% or 18.25 points to […]

San Francisco Fed’s Daly says policy slightly restrictive

Farm goods being counted on to boost export growth — DTI

THE Department of Trade and Industry (DTI) said it expects agriculture to help boost export growth via high-value, in-demand goods like coconut oil and purple yam (ube). In a statement on Thursday, Trade Secretary Maria Cristina A. Roque noted that the latest export data highlight Philippine exporters’ competitiveness even in the face of global headwinds. […]

Domestic rice struggling to compete with imports in 5% broken-grain segment — DA

THE Department of Agriculture (DA) said consumers are demonstrating a preference for imported rice in the 5% broken-grain segment over domestic varieties because of a perceived quality difference. Agriculture Secretary Francisco P. Tiu Laurel, Jr. told reporters that he is considering a freeze on imports of 5% brokens to provide relief to rice farmers. Mr. […]

US business delegation to visit Philippines later this month

THE PHILIPPINES is scheduled to host a US delegation of about 25 executives and investors this month, the Philippine Trade and Investment Center (PTIC) in New York said. “The main goal of the trip is to create stronger economic ties and encourage more US companies to invest in the country’s growing economy,” the PTIC said in […]

PHL wholesale price growth eases in May

PRICE GROWTH of wholesale goods eased to a three-month low in May as cost pressures receded in the face of softer global oil prices, analysts said. Citing preliminary data, the Philippine Statistics Authority (PSA) said growth in the general wholesale price index (GWPI) at the national level slowed to 2.5% in May from 3.5% a […]

BoI touts PHL prospects in producing halal-certified personal care products

THE PHILIPPINES has the potential to become competitive in manufacturing halal-certified personal care products, the Board of Investments (BoI) said. In a statement on Thursday, the BoI said that the $2.6-trillion global halal economy presents opportunities for domestic manufacturers of cosmetics, personal care, and pharmaceuticals. Rose Marie O. Mendoza, BoI acting director of the Manufacturing […]

National Seed Reserve opens in Quezon City

THE Bureau of Plant Industry (BPI) said it inaugurated the National Seed Reserve in Quezon City on Thursday. The facility, opened by Agriculture Secretary Francisco P. Tiu Laurel, Jr. and BPI Director Gerald Glenn F. Panganiban has the capacity to store nearly 9,000 bags of seed and is solar-powered to help preserve seed quality. The […]