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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

1217 articles from Manila Times Business

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Manila Times Business

DSWD’s guarantee letters accepted anew at Mercury Drug

MANILA, Philippines — At least 262 Mercury Drug branches nationwide will again accept guarantee letters (GLs) issued by the Department of Social Welfare and Services (DSWD) for medicines and medical supplies for the poor. DSWD Secretary Rex Gatchalian said that beginning on Monday, June 22, beneficiaries of its Assistance to Individuals in Crisis Situation (AICS) program may once again use their GLs at the pharmacy store’s participating branches. Gatchalian said the resumption of the

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Manila Times Business

In Taylor Swift’s beach town, every clue becomes a wedding rumor

WESTERLY, Rhode Island — When a large tent appeared next door to Taylor Swift’s Watch Hill estate this week, it didn’t take long for speculation about the superstar's impending nuptials to ripple through the affluent New England seaside village — and the internet. Soon, fans were swapping theories online, photographers were staking out vantage points and residents found themselves fielding questions about a wedding that never was. Or at least, a wedding that seems yet to

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Manila Times Business

Spanish judge orders prime minister's wife to face corruption trial and surrender her passport

BARCELONA, Spain — A judge on Saturday ordered the wife of Spanish Prime Minister Pedro Sánchez to face trial on charges of influence peddling and corruption, and to surrender her passport. Investigative judge Juan Carlos Peinado issued the ruling, arguing that Begoña Gómez represented a flight risk. In addition to surrendering her passport, she must also appear before a court every two weeks. A trial date hasn't been set. The decision touched off a heated political co

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Manila Times Business

Alex Eala shifts focus to Bad Homburg Open

MANILA, Philippines — FRESH off Berlin, Alex Eala faces a new challenge in Bad Homburg. Filipina tennis sensation Alex Eala encounters another tough test in her 2026 Bad Homburg Open campaign opener as she will go against her previous tormentor, Elise Mertens of Belgium, in the first round scheduled on Monday. The 21-year-old Eala needs to gather herself quickly as she just came from a semifinals exit in the 2026 Berlin Open, bowing to the Czech Republic’s Linda Noskova, 6-2, 6-4, la

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Manila Times Business

Gilas set to play tuneup games vs NZ NBL teams

MANILA, Philippines — Gilas Pilipinas is slated to play two tuneup games against two New Zealand professional squads Manawatu Jets and the Franklin Bulls late this month as part of its buildup for the FIBA World Cup 2027 Asian Qualifiers final window. The Philippine team, set to fly to New Zealand this Tuesday, June 23, takes on the Jets on June 28 in the team’s Fly Palmy Arena in the Manawatu-Whanganui Region. Two days after, Gilas takes on the Bulls at the Franklin Pool and Leisure

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Manila Times Business

Crypto News: Pepeto Presale Announces $10.29M Raised Fast While Whales Move Beyond Bitcoin and Quietly Stacking Presales

DUBAI, United Arab Emirates, June 21, 2026 (GLOBE NEWSWIRE) -- Pepeto announced today that its presale crossed $10.29 million as Bitcoin slipped to $63,650 and on-chain data shows the biggest wallets matching every BTC they bought across 2025 in just five months. Because Glassnode tracking shows large wallets absorbing steady supply across 2026 while retail keeps selling into every dip, and the wallets driving the pattern engineered prior accumulation right before each leg higher, while crypto n

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Manila Times Business

BI nabs American on FBI’s most wanted list

MANILA, Philippines — The Bureau of Immigration (BI) has arrested and deported an American wanted by the United States Federal Bureau of Investigation (FBI) for his alleged role in a massive healthcare fraud scheme worth billions of dollars. Immigration Commissioner Joel Anthony Viado identified the fugitive as Herbert Leon Kimble, 60, who is on the FBI's most wanted fraudsters list with a $150,000 reward on his head. Kimble was arrested on June 11 in Pasig City by agents of the BI’s

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Manila Times Business

Harmonious Horse International Exhibition Tour Gallops into Tamar Park, Becoming New Community Landmark in Hong Kong

HONG KONG, June 21, 2026 /PRNewswire/ -- Following its successful debut at the Hong Kong Cultural Centre in Tsim Sha Tsui, the Harmonious Horse International Exhibition Tour, organised by the DC Charity Foundation and presented by The Hong Kong Jockey Club, has moved to Tamar Park in Admiralty. An official opening ceremony was held on June 19, marking the start of the exhibition's second community stop. Centred on the equine sculptures created by renowned artist Simon Ma, the exhibition celebrat

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Manila Times Business

BlueNexus Technologies Unveils AquaX Hub at SIWW 2026 -- AI Autonomous Operations Extended to Legacy Water Assets

SINGAPORE, June 21, 2026 /PRNewswire/ -- At Singapore International Water Week (SIWW) 2026, BlueNexus Technologies unveiled the global debut of AquaX Hub™ - a compact plug-and-play edge device that brings full AI-powered autonomous operation to standalone water equipment and legacy treatment plants. The launch drew sustained engagement from utilities, industrial operators and engineering firms. BlueNexus Technologies CEO Jack Zhang is introducing the AquaX Hub™ to Singapore's Deputy Prime Minist

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Manila Times Business

Britain's King Charles to reveal personal tax bill —reports

LONDON,United Kingdom — King Charles III will reveal his personal tax bill in a bid to improve transparency, Buckingham Palace told UK media on Saturday, as royal finances come under increasing public scrutiny. British monarchs are legally exempt from paying certain taxes, though they have paid some duties on a voluntary basis for decades. They also have no obligation to disclose their tax bills, but recent scandals surrounding the disgraced former prince Andrew have thrust the royal famil

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Manila Times Business

Crypto News: Pepeto Presale Latest Update While the Bitcoin Price Prediction Targets $225,000 After BTC Holds $64,000

DUBAI, United Arab Emirates, June 21, 2026 (GLOBE NEWSWIRE) -- The Pepeto presale just pushed past $10.28 million while Bitcoin sits at $64,200, and the pace of entries tells a story the rest of the crypto news cycle has not caught on to yet. Every holder who entered early is about to watch their position reprice the moment the Binance listing goes live, with three working products already running, 170% APY staking keeping holders locked in, and wallets that normally sit in nothing but Bitcoin a

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Manila Times Business

Pope Leo XIV exalts first American saint Cabrini as a model for Christians for her care of migrants

SANT'ANGELO LODIGIANO, Italy — Pope Leo XIV on Saturday exalted the first American saint, Mother Frances Cabrini, as a model for Christians today to care for migrants in need, as he visited her birthplace during a day trip to northern Italy. Leo, who has clashed with the Trump administration over its migrant crackdown, urged young people in particular to learn about Cabrini's life and service, once again confirming history's first U.S. pope as the heir to Pope Francis in prioritizing the p

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Manila Times Business

Parts of Metro Manila to have water interruptions this week

MANILA, Philippines — Some areas in Metro Manila will have water interruptions this week because of maintenance works, Manila Water Company Inc. and Maynilad Water Services Inc. said on Sunday. Manila Water said that in Pasig City, some portions of Brgy. Ugong will have water service interruptions on June 22-23 between 10 p.m. and 4 a.m. because of line meter declogging and strainer declogging. Some areas in the villages of Obrero and Laging Handa in Quezon City will have no water on June

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Manila Times Business

Bitcoin Income Revolution: From BlackRock’s Monthly ETF to AIXAlpha’s Daily AI Strategy Contracts

As BlackRock’s new Bitcoin income ETF draws global attention, AIXAlpha’s AI‑Powered Automated BTC Strategy Contracts offer a faster, daily‑settled alternative-no installation, no manual trading, no experience required. LOS ANGELES, June 20, 2026 (GLOBE NEWSWIRE) -- BTC/USD volatility has intensified once again. After a brief surge, BTC/USD reversed sharply and fell toward the $63,000 level, according to CoinMarketCap. Liquidity shifted within seconds as Bitcoin moved through key levels - a remin

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Manila Times Business

House Anti-Dynasty measure 'most realistic' approach — House leader

MANILA, Philippines — A ranking House lawmaker has defended the Anti-Political Dynasty measure passed at the House of Representatives, noting that it is the "most realistic" approach to implementing the Constitution’s mandate against political dynasties while preserving democratic choice. During a forum in Quezon City on Saturday, Deputy Speaker and La Union Rep. Paolo Ortega V said the House version may not be as sweeping as some advocates want, but it stands the best chance of beco

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Manila Times Business

Golden Goblet Awards Winners Unveiled at the 28th Shanghai International Film Festival

SHANGHAI, June 20, 2026 /PRNewswire/ -- The Golden Goblet Awards Ceremony of the 28th Shanghai International Film Festival (SIFF) was held at the Shanghai Grand Theatre tonight, bringing together filmmakers, jury members and industry professionals from around the world. As award winners took the stage and audiences responded with warm applause, the ceremony brought this year's ten-day celebration of cinema to a memorable climax. The festival's highest honors were presented across five competitio

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Manila Times Business

JellyFil Publishes Updated 2026 Product Information for Its Premium Gummy Dietary Supplement, Including Full Ingredient List, Pricing, Refund Policy, and Customer Service Details

Florida-distributed gummy supplement brand details current ingredients, pricing, refund policy, and customer service processes for 2026 Largo, FL, June 20, 2026 (GLOBE NEWSWIRE) -- These statements have not been evaluated by the U.S. Food and Drug Administration. JellyFil is not intended to diagnose, treat, cure, or prevent any disease. Consumers should consult a qualified healthcare professional before using any dietary supplement, particularly if currently taking prescription medications or ma

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Manila Times Business

Dreamina Seedance 2.0 Mini AI Video Generator Brings Faster, Smarter Creation Tools to Content Creators

United States, June 20, 2026 -- CapCut has rolled out an update to its AI video suite with the introduction of the Dreamina Seedance 2.0 Mini AI video generator, a lighter and faster iteration of its Seedance model line designed to help creators, marketers, and small businesses produce polished video content with less manual effort. The release is part of a broader push by CapCut to make AI assisted video production more accessible across everyday content workflows. Available through tools.capcu

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Manila Times Business

EAA - Entraide Amicale d’Afrique Introduces AI-Automated Tontine Platform for Digital Community Savings

The fintech platform modernizes traditional group savings through automated tontine management, secure digital payments, member-to-member transfers, and participation-based fee redistribution. Cameroon, June 20, 2026 -- EAA — Entraide Amicale d’Afrique, a fintech platform focused on modernizing community-based collective savings, has announced the production launch of its AI-automated tontine platform, available on mobile and web at entraidaa.app. Built to support one of Africa’s oldest and most

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Manila Times Business

US dominates Australia, enters World Cup KO stage

LOS ANGELES, California — The United States marched into the last 32 of the World Cup on Friday (Saturday in Manila) with a 2-0 victory over Australia as Brazil rediscovered their scoring touch to eliminate Haiti. A day after Mexico sealed their place in the knockout rounds, the USA emulated their fellow World Cup co-hosts with a clinical Group D win over Australia in Seattle. A Cameron Burgess own goal in the 11th minute and a headed effort from Alex Freeman two minutes before half-time s

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Manila Times Business

Indonesia's first baby panda delights crowds at Bogor zoo

Satrio 'Rio' Wiratama, the first giant panda born in Indonesia, made his official public appearance at Taman Safari Bogor in West Java Province on June 20, 2026. VIDEO BY REUTERS

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Manila Times Business

USA sweeps Italy in Volleyball Nations League Pasig leg

USA remained undefeated in the Volleyball Nations League Pasig leg as Madison Banks and company swept Italy, 27-25, 25-20, 25-16, at the PhilSports Arena on Saturday, June 20. VIDEO BY NV MASOY

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Manila Times Business

South Korean troops join multilateral military drills in PH

Philippine and South Korean troops conduct an amphibious raid drill along the coast in Cavite province, south of Manila, as part of the annual exercise Kamandag (Venom), which is also attended by US and Japan forces on June 19, 2026. VIDEO BY AFP

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Manila Times Business

PCSO Lotto Results | June 20, 2026

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