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Manila Times Business
Results of additional issuance - RIKB 29 0416 - RIKB 35 0917
As stated in paragraph 6 in General Terms of Auction for Treasury bonds, the Government Debt Management offered the equivalent of 10% of the nominal value sold in the auction 3. July, at the price of accepted bids. SeriesRIKB 29 0416RIKB 35 0917ISINIS0000039121IS0000035574Additional issuance (nominal)068,000,000Settlement date 07/08/2026Total outstanding (nominal)34,921,000,000101,030,500,000
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LUMISTAR Launches CARRY on Kickstarter, Introducing an AI-Powered Basketball Training System
NEW YORK, July 7, 2026 /PRNewswire/ -- Basketball, as one of the world's most widely played sports, continues to evolve across competition levels, participation scale, and training sophistication. From professional leagues to grassroots programs and individual players, the sport has developed into a global ecosystem that is constantly pushing performance boundaries. LUMISTAR CARRY In parallel, basketball training methodologies have evolved significantly, becoming more systematic, data-informed,
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SoftAtHome Brings prpl to Commercial Scale with Orange Wi-Fi 7 Deployments Across Europe
SoftAtHome has delivered the world's first Wi-Fi 7 repeater built on a full prpl software stack, with deployments live at Orange in Poland and France and at least three further European markets to follow. PARIS, July 7, 2026 /PRNewswire/ -- SoftAtHome, the leading independent software provider for broadband, video and analytics, and a global leader in Smart Wi-Fi, today announced that its prpl-based Wi-Fi 7 repeater software is now deployed commercially across Orange in Europe. To view the Multi
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London Business School announces £25 million gift from the David and Molly Pyott Foundation and David and Molly Pyott
London Business School announces £25 million gift from the David and Molly Pyott Foundation and David and Molly Pyott London Business School announces a transformational £25 million gift from the David and Molly Pyott Foundation and David and Molly Pyott, supporting scholarships and the future of global business education LONDON, July 07, 2026 (GLOBE NEWSWIRE) -- London Business School (LBS) today announces a £25 million gift from the David and Molly Pyott Foundation and David and Molly Pyott. I
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HII is Assessed "Awardable” in the U.S. Department of War CDAO Tradewinds Solutions Marketplace
MCLEAN, Va., July 07, 2026 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Mission Technologies division announced that two of its spectrum dominance and awareness products have achieved awardable status through the Chief Digital and Artificial Intelligence Office’s (CDAO) Tradewinds Solutions Marketplace. The Tradewinds Solutions Marketplace is the premier offering of Tradewinds, the U.S. Department of War’s (DoW) suite of tools and services designed to accelerate the procurement and adoption of Artifici
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Manufacturing growth up 10.2% in May, easing from April pace
FACTORY OUTPUT expanded in May, though it eased from the previous month’s growth trajectory, with analysts noting a normalization in manufacturing activity in the face of resilient demand.
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Low June inflation reading cited as argument for maintaining P50/kg cap on imported rice
AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. cited low food inflation in June as an argument for extending the P50 per kilo price cap on imported 5% broken rice. The Philippine Statistics Authority (PSA) reported that food inflation slowed to 5.4% in June from 5.8% in May, driven by a sharp decline in meat prices. […]
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Contestable retail power consumers’ realized savings estimated at P4.91 billion
SAVINGS realized by electricity consumers in the competitive retail electricity market (CREM) were estimated at P4.91 billion in the first three months, even in the face of higher power generation rates charged by distribution utilities (DUs), according to the Philippine Electricity Market Corp. (PEMC). In a retail market assessment report, the PEMC said CREM customers’ […]
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Sumitomo seeking to expand PHL railways, energy footprint — DoF
SUMITOMO Corp. is looking to expand its investments in Philippine energy infrastructure and railway projects, including the North-South Commuter Railway (NSCR), the Department of Finance (DoF) said. In a statement on Tuesday, the DoF said the Japanese conglomerate is looking to play a role in the operations and maintenance of the NSCR. The NSCR is […]
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PEZA approves two IT-BPM investments
THE Philippine Economic Zone Authority (PEZA) said it approved investment agreements with two new information technology-business process management (IT-BPM) companies. PEZA registered Opscale Solutions, Inc. as a facility enterprise, it said in a social media post on Tuesday. The company is investing P160 million to develop the critical infrastructure to support the operations of PEZA-registered […]
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Suppliers of emergency communication equipment invited to P351.19-M auction
THE Department of Information and Communications Technology (DICT) said it invited potential bidders to supply emergency communications systems for P351.19 million. The deadline to submit bids was July 6, Monday, it said. The DICT is currently expanding its National Emergency Communications strategic plan, which seeks to integrate the use of ICT in all areas of […]
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DENR bureau pledges to help workers, industries caught up in HCFC refrigerant phaseout
THE Environmental Management Bureau (EMB) said it will assist refrigerant technicians in the process of reducing the use of hydrochlorofluorocarbons (HCFCs) in refrigerators and air conditioners by 2030. The EMB made the announcement during a workshop in Quezon City to detail stage three of its Hydrochlorofluorocarbon Phase-out Management Plan. HCFCs are deemed potent greenhouse gases […]
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ED Council signs off on LRT-1 contract revisions
THE Economy and Development (ED) Council approved a variation order for the Light Rail Transit Line 1 (LRT-1) South Extension project to support the operations of the Common Station, altering some terms of the initial contract. In a statement on Tuesday, the Department of Economy, Planning, and Development (DEPDev) said the variation order will facilitate […]
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DBCC weighing extension of kerosene, LPG excise tax suspension beyond initial 3 months
THE Development Budget Coordination Committee (DBCC) will submit its recommendation on whether to extend the suspension of excise taxes on kerosene and liquefied petroleum gas (LPG) beyond the initial three-month period, the Department of Finance said. “Right now it is being discussed with the technical working group of the DBCC,” Finance Secretary Frederick D. Go […]
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Manila Water banking on Wawa, Laguna de Bay for supplemental supply with onset of El Niño
EAST ZONE concession holder Manila Water Co., Inc. said it plans to tap Wawa and Laguna de Bay for additional raw water to mitigate declining water levels at Angat Dam as El Niño takes hold. “We continue to further improve the existing components of the supplemental resources, which are the Wawa and Laguna Lake Systems […]
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Soft loans account for limited part of debt portfolio, DoF says
THE Department of Finance (DoF) said concessional loans account for only 10-15% of total borrowings, limiting any possible fallout from losing access to soft loans after the Philippines’ elevation to upper-middle income country (UMIC) status. On the contrary, the Philippines’ reclassification to the UMIC tier will expand its financing options, Finance Secretary Frederick D. Go […]
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Stocks up for fifth straight day on slower inflation
PHILIPPINE STOCKS on Tuesday posted gains for the fifth straight day as investor sentiment was lifted by data showing slower June inflation. The Philippine Stock Exchange index (PSEi) went up by 0.37% or 23.12 points to close at 6,247.11, while the broader all shares index rose by 0.11% or 3.89 points to end at 3,392.86. […]
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VP Sara asks SC to halt ouster trial; prosecutors present threat videos
VICE-PRESIDENT (VP) Sara Duterte-Carpio has asked the Supreme Court (SC) to halt her impeachment trial at the Senate, arguing that Senator Francis Joseph “Chiz” G. Escudero’s authority to preside over the impeachment court remains under constitutional challenge.
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Ombudsman: Aplasca started Senate shooting confrontation on May 13
THE Office of the Ombudsman has found retired Police Major General Mao Ranada Aplasca administratively liable for grave misconduct and gross neglect of duty, ruling that he initiated the confrontation that led to gunfire inside the Senate complex in May and that his warning shots were unjustified because there was no imminent threat. Mr. Aplasca […]
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One in 3 Filipino workers report burnout by midyear — study
ABOUT one in three Filipino workers reported feeling burned out by the middle of 2026, with poor work-life balance overtaking pay and workload as the biggest driver of exhaustion, according to a nationwide study released on Tuesday. The survey by Agile Data Solutions, which polled 1,111 employed Filipinos through its Hustle PH platform, found that […]
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PHL condemns Chinese missile test
THE Philippines on Tuesday condemned China’s ballistic missile test in the South Pacific, calling it a reckless show of military power that heightens regional tensions and threatens the security of smaller nations. “The Department of National Defense shares the concern about China’s recent ballistic missile test in the South Pacific, a reckless display of military […]
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DBM eyes P5.5-B housing budget
THE Department of Budget and Management (DBM) recommended a P5.498-billion budget for housing agencies in 2027, the Department of Human Settlements and Urban Development (DHSUD) said on Tuesday, far below the proposed P60-billion budget. The DHSUD and its attached agencies are seeking a combined P60 billion for 2027, with the largest share earmarked for the […]
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Revilla’s furlough request denied
THE Sandiganbayan denied former Senator Ramon “Bong” B. Revilla, Jr.’s request for a temporary release from custody to attend the wake of his brother, ruling that no law grants a detained accused the right to a furlough and that the circumstances presented do not justify an exception. In a three-page resolution promulgated on June 26 […]
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