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🇵🇭 Local Market Intelligence

Philippines Business News

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

2366 articles across all sources

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Manila Times Business

dLocal added to membership of US small-cap Russell 2000® Index

MONTEVIDEO, Uruguay, June 26, 2026 (GLOBE NEWSWIRE) -- DLocal Limited ("dLocal”, "we”, "us”, and "our”) (NASDAQ:DLO), a leading cross-border financial infrastructure platform connecting global merchants to emerging markets, today announced that the Company was added as a member of the US small-cap Russell 2000® Index, effective when the US market opens on June 29 as part of the 2026 Russell indexes reconstitution. Membership in the Russell 2000® Index is based on membership in the broad-market R

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Manila Times Business

McEwen Inc. Announces Voting Results of the 2026 Annual Meeting of Shareholders

TORONTO, June 26, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE: MUX) (TSX: MUX) ("MUX" or the "Company”) announces the results of the MUX Annual Meeting of Shareholders held on June 4, 2026. Shareholders approved the election of the Company’s directors, the ratification of the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, and the issuance of the Company’s common stock to Robert R. McEwen. Voting Overview Shares V

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Manila Times Business

Matinas BioPharma Receives Notice of Non-Compliance with NYSE American Continued Listing Standards and Acceptance of Plan to Regain Compliance

BEDMINSTER, N.J., June 26, 2026 (GLOBE NEWSWIRE) -- Matinas BioPharma Holdings, Inc. (the "Company”) (NYSE American: MTNB) announced today that on June 24, 2026, it received a notice (the "Notice”) from the NYSE American LLC (the "NYSE American”) stating that the Company is not in compliance with the NYSE American continued listing standards set forth in Section 1003(a)(ii) of the NYSE American Company Guide (the "Company Guide”) requiring a company to have stockholders’ equity of at least $4.0

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Investing.com PH

S&P affirms U.S. sovereign rating at AA+, maintains stable outlook

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Investing.com PH

How materially could AI shift the economics of new oil developments

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PhilStar Business

‘BSP may raise rates further’

The Bangko Sentral ng Pilipinas (BSP) may still raise interest rates further as it tries to contain inflation without worsening the economy’s slowdown, Monetary Board member Benjamin Diokno said.

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PhilStar Business

Firms see better prospects but consumers remain wary

Businesses turned less pessimistic in May while consumers grew more downbeat in the second quarter, reflecting a split in sentiment as firms pointed to easing cost pressures and stronger demand, but households remained weighed down by inflation fears and concerns over governance.

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PhilStar Business

ICTSI proceeds with 26-year extension for Australian unit

Port giant International Container Terminal Services Inc. (ICTSI) is proceeding with the 26-year extension of its contract to operate and maintain one of the world’s most technologically advanced terminals.

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PhilStar Business

Legitimate public concern

Back in 2019, the Philippine government launched the fuel-marking program (FMP) aimed at combatting oil smuggling into the country.

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PhilStar Business

Monde MY San invests over P5 billion for Pampanga plant

Biscuit manufacturer Monde M.Y. San Corp. is spending over P5 billion for a new plant in Pampanga that is slated to open next year, according to the Philippine Economic Zone Authority (PEZA).

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PhilStar Business

Philex sets Silangan mine opening by Q3

Pangilinan-led Philex Mining Corp. expects to begin commercial operations of its Silangan project by the third quarter, barring any further delays in the completion of the processing plant.

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PhilStar Business

‘Power of choice’ moves closer to homes

“Malayo pa, pero malayo na (Still a long way to go, but we’ve come a long way).”

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PhilStar Business

PSEi ekes out gains despite absence of fresh leads

The benchmark Philippine Stock Exchange index (PSEi) eked out a marginal increase to end the week in the positive territory despite the lack of fresh catalysts.

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PhilStar Business

The AI they cannot build

I recently returned from Singapore, where my daughter-boss, Rachel and I attended SuperAI, Asia’s largest AI conference at Marina Bay Sands.

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Manila Times Business

Euronext announces completion of share repurchase programme as part of its long-term incentive plan

Euronext announces completion of share repurchase programme as part of its long-term incentive plan Amsterdam, Athens, Brussels, Dublin, Lisbon, Milan, Oslo and Paris - 26 June 2026 - Euronext announces that it has completed the repurchase of 270,000 of its own shares at an average share price of €145.50. This programme was carried out within the scope of the Euronext Long-Term Incentive plan by an independent agent from 10 June to 25 June and in accordance with the conditions of the authorisati

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Manila Times Business

EDF: EDF announces the signature of an agreement to sell EDF power solutions in the United States and Canada

EDF announces the signature of an agreement to sell EDF power solutions in the United States and Canada Following a competitive process, EDF announces the signing of an agreement under which KKR irrevocably undertakes to acquire the operations and assets of EDF power solutions in the United States (EDF power solutions Inc) and Canada (EDF power solutions Canada Inc) and EDF power solutions has the option to sell these assets. EDF power solutions provides clean energy solutions, develops, builds

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Manila Times Business

FDA Proposes Rule That Would Help Hold Foreign Tobacco Product Manufacturers Accountable, Protect Public Health

If finalized, rule would level the playing field between American and foreign businesses Silver Spring, MD, June 26, 2026 (GLOBE NEWSWIRE) -- The U.S. Food and Drug Administration today issued a proposed rule that, if finalized, would help protect the public health of Americans, including youth, by strengthening the agency’s ability to efficiently identify illegal foreign tobacco products - including youth-appealing e-cigarettes - and conduct on-site inspections abroad. Domestic tobacco product

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Manila Times Business

A Moroccan court sentences 29 prominent people in major drug trafficking and corruption case

CASABLANCA — A Moroccan court handed prison sentences to 29 people, including prominent politicians and sports and business figures, in an international drug trafficking and corruption scandal that has rocked the country. The court also ordered the defendants to pay hundreds of millions of dollars in fines late Thursday after a trial that lasted more than two years. The case began when an imprisoned drug kingpin dubbed “Sahara’s Pablo Escobar," in reference to the notorious Col

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Manila Times Business

PCSO Lotto Results | June 26. 2026

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Manila Times Business

St. Bernard dogs still roam the Swiss Alps as part of this 'living museum' and its breeding program

BOURG-SAINT-PIERRE, Switzerland — At the Great St. Bernard Pass high in the Swiss Alps, the eponymous dogs still walk the same mountain paths their ancestors patrolled for hundreds of years to find travelers buried beneath the snow. Down in the valley, a living museum honoring the Swiss national dog's history — and its future — is marking its first year. More than 130,000 people have visited Barryland, the world's only space dedicated to St. Bernards, since it opened last summe

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Manila Times Business

Board decision to file for bankruptcy

Ghent, June 26, 2026 (GLOBE NEWSWIRE) -- PRESS RELEASE | REGULATED INFORMATION - INSIDE INFORMATION 26 June 2026, 05:15 pm CEST Ghent, Belgium, 26 June 2026 - Sequana Medical NV(Euronext Brussels: SEQUA) (the "Company" or "SequanaMedical"), announces that its board of directors has resolved to file for bankruptcy with the competent enterprise court in Ghent. As announced on 28 April 2026, the Company initiated a comprehensive review of financial and strategic options to address its financial pos

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