Philippines Business News

Frigoni, Minowa named as Alas Pilipinas coaches for Asian Games

MANILA, Philippines — Italian Angiolino Frigoni got reinstated as Alas Pilipinas men's head coach while Japanese Taka Minowa was named the Alas women's chief tactician for the 2026 Aichi-Nagoya 20th Asian Games. The Asiad will run from September 19 to October 4 in Japan. The Philippine Olympic Committee announced the development on Sunday, with the appointment of both coaches taking effect on July 1 and expiring on October 15. Frigoni, 72, started as Alas men's coach mid-2024 for the SEA M

NGCP again issues yellow alert for Visayas grid

MANILA, Philippines — The National Grid Corporation of the Philippines (NGCP) has again issued a yellow alert for the Visayas grid on Sunday, June 28, as major coal plants continue to remain offline while demand is expected to be high. The yellow alert will be between 6 p.m. and 7 p.m. as peak demand is estimated to reach 2,292 megawatts (MW), while available supply is only at 2,560 MW. NGCP said that 32 plants are on forced outage, while 14 plants are running on derated capacities for a t

Asia's vendors grapple with rising costs of ever-present plastics

TAIPEI — Food vendors across Asia who rely on plastics for everything from bags to cups and containers are grappling with their rising costs, the result of the energy crisis sparked by the Middle East war. While the United States and Iran have reached a deal to halt the conflict, it will take time for markets to recover and supply flows to return to normal, with persistent concerns over traffic through the economically vital Strait of Hormuz. At Taipei's Songjiang market, chicken vendor Li

Parts of Metro Manila and Cavite to have water interruptions this week

MANILA, Philippines — Some areas in Metro Manila and Cavite will have water interruptions this week due to maintenance works and high demand, Manila Water Company Inc. and Maynilad Water Services Inc. said on Sunday. Manila Water said that some parts of Brgy. Forbes Park, Makati City will have no water on June 29-30 between 10 p.m. and 4 a.m. because of the replacement of a line meter in a water system at Banyan cor. Mckinley Road. In Quezon City, some areas in Tivoli Royale Subdivision, V

As survivors are pulled from rubble of Venezuela earthquakes, relatives of missing hold out hope

LA GUAIRA, Venezuela — A bloody-faced Daniel Cordero emerged from the rubble of a fallen building in Catia La Mar, Venezuela, surrounded by rescue workers who helped him onto a stretcher as bystanders filmed the scene. Three days after two earthquakes slammed Venezuela, Cordero's rescue, which came Friday, and that of others are providing a jolt of optimism for those still hoping to find their loved ones among the ruins. It comes as the death toll rises from Wednesday's 7.2 and 7.5 magnitu

TicketHunter.io Launches Fairer Ticket Resale Marketplace With £0 Seller Fees for Concert, Festival and Sports Fans

Sell spare tickets without seller fees and keep more of your money on TicketHunter.io, the fair alternative to viagogo, StubHub and Ticketmaster resale. New York, United States, June 28, 2026 /MarketersMEDIA/ -- New York, USA - Ticket Hunter today announced the launch of its fairer ticket resale marketplace, giving fans a simple, safe way to sell spare tickets and buy tickets to sold-out events without the inflated fees charged by traditional resale platforms. Sellers list tickets with £0 seller

World Cup star Gakpo requests privacy after death of unborn son

KANSAS CITY, United States — Netherlands forward Cody Gakpo has asked for "privacy and space" following the announcement by his partner Noa van der Bij that they had lost their unborn son. Van der Bij posted a picture on Instagram of the pair holding hands over a blanket and knitted hat. "With broken hearts, we share the devastating news that our baby boy passed away during pregnancy," she wrote. "Thank you for your love and support. Elijah Raphael Gakpo. Forever loved. Forever our son." S

Eala breaking rules on who gets the spotlight

Alex Eala is breaking the rules on who gets or shares the spotlight in the global tennis scene. Or should I say that she is also rewriting the rules, without her knowing it? And this could be history in the making for tennis. The figures don’t lie. The videos of Eala battling Elena Rybakina and Elina Svitolina have around 900,000 views each over the official WTA YouTube channel. The next highest was between Aryna Sabalenka and Jessica Pegula at nearly 440,000 views Over the official WTA Fa

Que eyes back-to-back wins, but wary of Pinewoods test

MANILA, Philippines — Even after decades of competing on some of golf's toughest courses around the world, Angelo Que isn't about to make bold predictions heading into unfamiliar territory. Coming off a victory at Caliraya Springs and carrying solid form into the third leg of this year's Philippine Golf Tour, the veteran campaigner is approaching the ICTSI Pinewoods Challenge with guarded optimism, fully aware that the mountain course's reputation – not its modest length – coul

Take brutally hot weather seriously, heatstroke survivor warns

WASHINGTON, United States — History professor Ethan Borden Krizman was in high school when he collapsed 20 years ago at a race, suffering from heat stroke, but he says he remembers it well. And the current heat wave in Europe has brought it all swirling back. "I started getting tunnel vision, and I could feel my body weakening, and I collapsed, like just I completely blacked out," he told AFP, recounting how he was evacuated just short of the finish line in 95F (35C) heat that day in Calif

Leading Maritime Disaster Lawyers Urge Duck-Boat Ban After Today’s Incident Near Boston

PHILADELPHIA, June 27, 2026 (GLOBE NEWSWIRE) -- Leading maritime attorneys at Saltz Mongeluzzi Bendesky today are renewing their call for a ban on all tourist duck boat operations after numerous passengers on a disabled Boston Duck Tours amphibious vehicle were injured when it flipped on its side while being towed from the Charles River, according to numerous published reports. Attorneys Robert J. Mongeluzzi and Andrew R. Duffy, whose Philadelphia-based firm has represented dozens of victims in

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Beyond OTPs: New BSP Rules To Reshape MSME Payments

As the Bangko Sentral ng Pilipinas (BSP) pushes the financial sector toward stronger authentication standards, the biggest adjustments may not be happening inside banks or e-wallets but at the checkout counters of millions of small businesses.

BPI, ACEN partnership to empower Filipinos with financial knowledge

Ayala-led Bank of the Philippine Islands (BPI) continues to advance financial inclusion by strengthening financial literacy, particularly among underserved communities.

BSP flags unauthorized e-money tie-ups

The Bangko Sentral ng Pilipinas (BSP) has warned supervised institutions against extending, sharing or transferring of the authority to offer electronic money services to unlicensed partners, platforms or third-party providers.

DICT’s digital reforms strengthen accountability

The Department of Information and Communications Technology (DICT) has intensified reforms in the private express and messengerial delivery service (PEMEDES) sector.

GCash: Why this IPO is different

Every so often, an IPO bigger than the company itself comes along.