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Philippines Business News

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

2317 articles across all sources

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Manila Times Business

30,000 families in Zambales receive free rice

ZAMBALES, Philippines – More than 30,000 families in the province of Zambales received 20 kilograms of rice each under the Free Rice Program of President Ferdinand Marcos Jr. In collaboration with the provincial government of Zambales under the leadership of Gov. Hermogenes Ebdane Jr. and the Provincial Social Welfare and Development Office (PSWDO) of Zambales, a total of 636.22 metric tons of rice were distributed to qualified family heads across the province's 13 municipalities. Also ass

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Manila Times Business

SECURING THE PALACE

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Manila Times Business

'FREEDOM 250' FREE CONCERT

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Manila Times Business

Senate committee to probe Tacloban school shooting

MANILA, Philippines — The Senate Committee on Women, Children, Family Relations, and Gender Equality will start this week its investigation on the Tacloban school shooting incident as some sectors sought to further amend the juvenile justice law. Sen. Risa Hontiveros, chairman of the panel, said she will hold the inquiry on July 1. The senator aims to determine the circumstances that led to the shooting incident at San Jose National High School that led to the death of three students. Hont

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Manila Times Business

PH leads adoption of initiatives for Asean higher education

MANILA, Philippines — Southeast Asian higher education chiefs adopted three initiatives which the Commission on Higher Education (CHEd) said would "guide cooperation on digital transformation, teacher development, research collaboration, and academic mobility.” The initiatives were unanimously adopted last June 26 during the Ministers' Roundtable on Access and Sustainable Development in Higher Education which the Philippines, the 2026 Association of Southeast Asian Nations (Asean) ch

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BusinessWorld Economy

End of Metro Manila ecozone freeze up for Palace approval

THE DEPARTMENT of Trade and Industry (DTI) said it will recommend to Malacañang the lifting of the moratorium on registering Metro Manila economic zones (ecozone) with the Philippine Economic Zone Authority (PEZA).

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BusinessWorld Economy

WTO flags high Philippine trade costs

THE PHILIPPINES must focus on addressing regulatory uncertainty and infrastructure gaps to lower trade costs and attract more investors, the World Trade Organization (WTO) said. In its sixth Trade Policy Review of the Philippines conducted in Geneva last week, the WTO said high trade costs remain a key hurdle for the Philippines. According to the […]

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BusinessWorld Economy

‘Commensurate’ sanctions needed for power plant outages

THE Energy Regulatory Commission (ERC) is seeking to revise the rules governing power plant outages to make any penalties better match the magnitude of the violation, after the Visayas grid continued with its yellow alerts. “We’re making it more commensurate to the violation and its impact,” ERC Chairperson and Chief Executive Officer Francis Saturnino C. […]

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Manila Times Business

Focus should be on boosting digital access — Globe exec

MANILA, Philippines — Globe president and CEO Carl Cruz said on Sunday that the challenge for technology providers was to ensure the Filipino people have access to a reliable connectivity wherever they are. Cruz issued the statement as he stressed that there is no single technology that can connect a nation. Cruz said Globe believes the focus should remain on expanding digital access, protecting consumers, promoting fair competition, and ensuring that innovation benefits more Filipinos. Su

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Manila Times Business

AGIBOT's 15,000th Robot Rolls Off the Production Line, Marking a New Milestone in Embodied AI Deployment

SHANGHAI, June 28, 2026 /PRNewswire/ -- AGIBOT, a global leader in embodied AI and robotics, today announced that its 15,000th robot has officially rolled off the production line. The milestone unit is the AGIBOT G2, an industrial-grade embodied task robot designed for industrial and real-world operational scenarios. Following the rollout of its 5,000th and 10,000th robots, this latest milestone marks another significant step in AGIBOT's scaling journey. It reflects the company's continued progr

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Manila Times Business

Cycling industry bets on smart bikes to boost sales

FRANKFURT, Germany — At the Eurobike trade fair, hopes are high that smart and AI-enabled bicycles can revive an industry that has been dealing with years of flagging sales. Artificial intelligence, long used in cars and smartphones, is now entering the cycling world in areas ranging from electric motors to safety and services. At the stand of Avinox, a manufacturer of motors for electric bicycles, the DNA of parent company and Chinese drone specialist DJI has been transposed to cycling. T

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Manila Times Business

Iran Guards say strikes against Kuwait, Bahrain in retaliation for US attack

TEHRAN — Iran's Revolutionary Guards said on Sunday that it carried out strikes against Kuwait and Bahrain in retaliation for US attacks on Iranian territory, warning any further aggression would be met with a "crushing response." Iran and the United States have both accused the other of violating their fragile ceasefire, straining negotiations meant to end the Middle East war. The Guards "destroyed eight important US military facilities at the Ali al-Salem base in Kuwait and at the Fifth

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Manila Times Business

TCL Supports "2026 Olympic Day cum Aichi-Nagoya Asian Games Fun Run", Celebrating the Olympic Spirit with Athletes and the Public, and Offering Lucky Draw Prizes Worth Approximately HK$180,000

HONG KONG SAR - Media OutReach Newswire - 28 June 2026 - TCL, as a Worldwide Olympic Partner, proudly supported the "2026 Olympic Day cum Aichi-Nagoya Asian Games Fun Run", organised by the Sports Federation & Olympic Committee of Hong Kong, China, joining more than 2,500 members of the public and athletes in celebrating International Olympic Day and showing support for Hong Kong athletes competing in the Asian Games. TCL also provided smart TV prizes worth approximately HK$180,000. TCL supports

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Manila Times Business

Today's Weather, 5 P.M. | Jun. 28, 2026

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Manila Times Business

France records around 1,000 excess deaths in heatwave — health agency

PARIS — French health officials said Sunday there had been around 1,000 more deaths than expected during a record-breaking heatwave that has baked much of western Europe for days. "Since June 24, approximately 1,000 additional deaths (unconsolidated figures) have been observed compared to the deaths recorded in previous months," Public Health France said in a statement. The agency said areas under red alert for heat had been particularly badly affected, and 85 percent of the deaths had bee

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Manila Times Business

Thousands of Vespas swarm Rome’s historic center to mark iconic scooter’s 80th anniversary

ROME — More than 10,000 Vespas putt-putt-putted around the Colosseum and past the Roman Forum on Saturday, marking the 80th anniversary of the iconic scooter. Enthusiasts came from all over; the AP spoke to people from across continental Europe, northern England, San Francisco, Australia’s Gold Coast, the Philippines and more. Vespa-borne visitors converged on the Eternal City’s cobblestone streets to celebrate a brand they likewise view as timeless. If for only a day, Ferrari

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Manila Times Business

Independent CNMI governor bet eyes Filipinos’ 'swing vote'

SAIPAN, Northern Mariana Islands — Independent gubernatorial candidate Lawrence Camacho said the Filipino community will play an important role in the Commonwealth's future, describing it as a vital contributor to the CNMI economy. He pledged that if elected, his administration would continue engaging with Filipinos alongside other sectors of society. His running mate, Edith Deleon Guerrero, echoed that message, saying the campaign wanted to hear firsthand the concerns of Filipino resident

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Manila Times Business

Impeachment trial may take seven months — Gatchalian

MANILA, Philippines — Senate President Sherwin Gatchalian on Sunday said the senators are finding ways to expedite the impeachment trial of Vice President Sara Duterte as it may drag on until February 2027. The Senate, sitting as Impeachment Court, will start the trial on July 7. The senator said the Senate might be able to finish the trial in seven months as the chamber has to pass important legislative measures, such as the proposed 2027 national budget. The Senate would soon conduct pub

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Manila Times Business

Gatchalian urges DepEd to expedite hiring of counselor associates amid increasing school violence

AMID the increasing cases of violence in schools, Senate President Win Gatchalian pressed the need for the Department of Education or DepEd to accelerate the hiring of school counselor associates for public schools. The 2026 national budget allocates P2 billion to hire 10,000 school counselor associates I, in line with the Basic Education Mental Health and Well-Being Promotion Act (Republic Act 12080) which mandates a school-based mental health program to promote learners’ mental health an

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Manila Times Business

PMPI calls for end to corporate harassment, stronger protection of EHRDs and rights of nature

THE Philippine Misereor Partnership Inc. (PMPI) issued a strong call to government duty bearers, corporations and the Filipino public to end the escalating pattern of corporate intimidation, ecological destruction and legal harassment targeting environmental human rights defenders (EHRDs) across the country. Communities and partner organizations of PMPI have long documented the severe impacts of extractive operations, including on Homonhon Island in Eastern Samar, where decades of large‑scale op

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Manila Times Business

AI Trading Bot Adoption Rises Across Global Markets as Retail Investors Embrace Automation

Growth in stock and cryptocurrency markets has coincided with increased adoption of AI trading tools. This report, prepared by the Monday Newswire LTD editorial team, examines independent market trends shaping the use of automated trading technologies in 2026. London, United Kingdom, June 28, 2026 (GLOBE NEWSWIRE) -- As global financial markets continue to undergo rapid digital transformation, demand for AI-powered trading tools is growing across both stock and cryptocurrency markets. Independen

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Manila Times Business

Bellingham, Kane score as England beat Panama to reach World Cup last 32

EAST RUTHERFORD, New Jersey — Jude Bellingham and Harry Kane scored second-half goals as England got the job done against Panama at the World Cup on Saturday, a 2-0 victory at the MetLife Stadium taking Thomas Tuchel's team into the last 32 as Group L winners. Real Madrid star Bellingham got on the end of a Bukayo Saka corner to break the deadlock just after the hour mark on a soggy day in New Jersey. It was largely uninspiring stuff up to that point, but the opening goal had been coming a

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Manila Times Business

Eala’s pace, slice serve seen as keys in potential clash vs Serena Williams

MANILA, Philippines — Filipino ace Alexandra "Alex" Eala and women's tennis GOAT (greatest of all time), the returning American Serena Williams are on track for a second-round collision at the Wimbledon Championships slated from June 29 to July 12. Should Eala defeat Mexican Renata Zarazua and Williams handle Aussie Maya Joint in the first round on June 30, the dream match will likely be forged on July 2. If realized, how will Eala fare against the 23-time major champ Williams? In the late

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