Philippines Business News

EARLY CLOSURE OF SUBSCRIPTION PROCESS FOR 6TH TRANCHE OF UAB "KVARTALAS" BONDS

UAB "Kvartalas”, legal entity code 305475438, with its registered address at Jogailos st. 4, Vilnius, Lithuania, hereby announces that, due to sufficient investor demand, it has been decided to close the subscription process for the offering of the 6th tranche of bonds (ISIN LT0000411167) with effect from the time of this announcement. New subscription orders are no longer accepted. As of the time of this announcement, Nasdaq Exchange Members shall not accept any new subscription orders from inv

Lee breaks through the mist, grabs 2-shot lead with 69

MANILA, Philippines – A thick blanket of fog rolled in and out of Pinewoods Golf and Country Club on opening day, repeatedly halting play and adding an eerie unpredictability to an already demanding layout. Through the shifting visibility and mounting pressure, 17-year-old Tiffany Lee stayed composed just long enough – and struck just boldly enough – to seize control of the ICTSI Pinewoods Challenge. Lee closed with a three-under 69, highlighted by a blistering late stretch tha

Final Tickets Released for Sydney's Acclaimed Sistine Chapel Immersive Experience - Don't miss it

Sistine Chapel, SYDNEY, AUSTRALIA - Final Weeks | Closes July 19 SYDNEY, June 30, 2026 /PRNewswire/ -- With school holidays approaching and demand continuing to build, the final release of tickets for Sistine Chapel: Revelations - An Immersive Exhibition is now available. Sistine Chapel Revelations: Projection Room Since opening at St Mary's Cathedral, tens of thousands of visitors have stepped inside this groundbreaking immersive experience, drawn by its combination of breathtaking visuals, pow

Alstom appoints Yann Maixandeau as Managing Director for East Asia

Yann Maixandeau will lead Alstom's operations in East Asia Cluster, covering Hong Kong, Korea, Malaysia, Philippines, Singapore, Thailand, Taiwan, and VietnamWith nearly two decades at Alstom, Yann has built extensive international leadership experience across strategy, operations, finance and project management in Singapore, Malaysia, India, South Africa, France and BrazilSINGAPORE, June 30, 2026 /PRNewswire/ -- Alstom, global leader in smart and sustainable mobility, has appointed Yann Maixand

Qashier Turns Profitable on US$1 Billion in Annual Payment Volume, Raises US$6.125 Million to Accelerate Regional Expansion

The Singapore-headquartered merchant operating system grew annualised recurring revenue 61% in 2025 and turned profitable across four Southeast Asian markets on a lean capital base. SINGAPORE, June 30, 2026 /PRNewswire/ -- Qashier, a unified merchant operating system for Southeast Asia, today announced a US$6.125 million Series A+ financing round comprising equity and debt. The round was led by Cocoon Capital, IFP Securities and BlackSoil Global, with participation from strategic angel investors

Stock indices as of June 30, 2026

Ja Morant is headed to Portland after the Memphis Grizzlies trade the 2-time All-Star

Ja Morant is headed to Portland, after the Trail Blazers and Memphis completed a trade Monday night that sees the Grizzlies starting anew and gives the two-time All-Star a chance to revive his career. Portland sent forwards Jerami Grant and Kris Murray to the Grizzlies as part of the deal. It’s a big swing by the Trail Blazers and could suggest Portland — with new owner Tom Dundon, whose Carolina Hurricanes just won the Stanley Cup — might not be done making moves. Morant adds

Jixun Technology Hits 100-Store Milestone, Accelerating Domestic Growth Strategy

SUZHOU, China, June 30, 2026 (GLOBE NEWSWIRE) -- Jixun Technology, a pioneer in smart micro-mobility, today announced the simultaneous opening of 100 retail stores across China, marking a massive scale-up of its national sales and service network. A key anchor of this expansion is the newly unveiled flagship store in Jining, which solidifies Jixun’s strategic push into the East China market. The milestone event was attended by Jixun Technology President Jensen Zhang, dealer representative Lu Xin

LIFT Reports Drill Results from Yellowknife Lithium Project, NWT

VANCOUVER, British Columbia, June 30, 2026 (GLOBE NEWSWIRE) -- Li-FT Power Ltd. ("LIFT” or the "Company”) (TSXV: LIFT) (ASX:LFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to report results from the 2026 winter and 2025 summer programs completed at the Yellowknife Lithium Project ("YLP”), located outside the city of Yellowknife, Northwest Territories (Figure 1). This news release provides results from 20 holes drilled on the YLP, for a total of 5,324 m. Seventeen of these holes (4,778 m) were dr

EBC Financial Group and the University of Oxford's Department of Economics Renew Partnership on Public Economic Education

Three-year collaboration to broaden access to economic research through the What Economists Really Do webinar series LONDON, June 30, 2026 (GLOBE NEWSWIRE) -- EBC Financial Group (EBC) has renewed its strategic partnership with the Department of Economics at the University of Oxford for a further three years, extending a collaboration that helps bring economic research to wider public audiences around the world. As part of the renewed partnership, EBC will sponsor one annual edition of the Depar

Veson Nautical Introduces the Veson Platform, a New Foundation for Maritime Trade

Combines contextual AI with deep maritime industry intelligence; unifies an enhanced IMOS experience with CoCaptain, Mail, and new Insights data products BOSTON, June 30, 2026 (GLOBE NEWSWIRE) -- Veson Nautical today announced the Veson Platform, a unified, AI-powered experience that brings together IMOS, CoCaptain, Mail, and newly released Vessel Insights and Bunker Insights under a single interface. With the Veson Platform, maritime teams can now access advanced workflows, collaboration capabi

Vanquis Selects Freshworks to Modernize Service Management as Gateway Transformation Nears Completion

Leading UK specialist bank selects Freshservice to simplify operations, improve colleague experience and support its digital-first transformation LONDON, June 30, 2026 (GLOBE NEWSWIRE) -- Freshworks (NASDAQ: FRSH) today announced that Vanquis, a leading UK specialist bank, has selected Freshservice as its AI-powered service operations platform to support the next phase of its digital transformation. The selection is a key milestone in Vanquis’ broader Gateway programme, the bank’s flagship techn

American Idol, The Voice Finalists Lend Their Voices To Special Holiday Anthem Benefiting Childhood Cancer Warriors

Cover Version of ‘Do They Know It’s Christmas?’ Will Be Available on All Major Streaming Platforms Benefiting Cure 4 The Kids Foundation Do They Know It's Christmas? American Idol Finalists Mackenzie Sol, Drew Ryn, Maryjo Young, Amanda Barise, and Samoan Silk along with former member of Why Don’t We, Jonah Marais, The Voice Finalist Sadie Dahl, and TikTok creator Peng Peng are adding their voices to a special holiday charity project that will save lives and support children battling cancer. Cure

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