IJE Software logoIJEsoft
ServicesPortfolioPricingAboutCase StudyStackNewsBlogPartnerPH NewsMarketsContactGet in touch
🇵🇭 Local Market Intelligence

Philippines Business News

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

4152 articles from Manila Times Business

All sourcesBusinessWorldBusinessWorld BankingBusinessWorld EconomyInvesting.com PHManila Times BusinessPhilStar BusinessRappler Business
Manila Times Business

Authorities release early ransom note in Nancy Guthrie case, hoping someone recognizes it

PHOENIX — Authorities released an early ransom note in the investigation into the disappearance of Nancy Guthrie in hopes that someone will recognize the writing style. A second note released Friday indicated Guthrie died shortly after she was kidnapped. Both notes initially were sent to a Tucson television station days after the 84-year-old mother of “Today” show host Savannah Guthrie went missing from her home outside Tucson on Feb. 1. Authorities have not said whether Nancy

Read more →
Manila Times Business

Trump administration tightens English rules for Mexican train crews

The Trump administration wants to make sure that the Mexican train crews who haul freight over the border can understand key safety information in English and that the common practice of using foreign crews to cross into America doesn't threaten US jobs. Two major rail unions praised the proposed rule announced Friday that would also strengthen the standards for certifying that crews can safely operate a train. The government had concerns after inspecting two Texas railyards near the border last

Read more →
Manila Times Business

American Fusion Inc. (OTC: AMFN) Completes Initial Phase of Texatron™ Testing at Texas Tech University

Initial Engineering Objectives Achieved as Company Advances to the Next Phase of Its Texatron™ Development and Testing Program LUBBOCK, Texas, July 31, 2026 (GLOBE NEWSWIRE) -- American Fusion Inc. (OTC: AMFN) ("American Fusion” or the "Company”), developer of the proprietary Texatron™ Fusion Engine™, announced the successful completion of the initial phase of its Texatron™ engineering and testing program at the Center for Emerging Energy Sciences within the Department of Physics & Astronomy at

Read more →
Manila Times Business

Skull Ridge Gold Corp. Closes Second and Final Tranche, Completing $122,500 Non-Brokered Private Placement

VANCOUVER, British Columbia, July 31, 2026 (GLOBE NEWSWIRE) -- Skull Ridge Gold Corp. (CSE: SKUL) (”Skull Ridge” or the "Company”) is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement, completing the financing for aggregate gross proceeds of approximately $122,500. Pursuant to the second and final tranche, the Company issued 1,750,000 units (the "Units”) at a price of $0.026 per Unit, for gross proceeds of $45,500. Each

Read more →
Manila Times Business

MAX Power Announces Closing of Sale of Arizona Lithium Asset

REGINA, Saskatchewan, July 31, 2026 (GLOBE NEWSWIRE) -- MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FSE: 89N) ("MAX Power” or the "Company”) is pleased to announce that it has completed the previously announced strategic transaction with Homeland Critical Minerals Corp. ("Homeland”), and has received CSE clearance for this transaction, pursuant to a Share Purchase Agreement dated June 5, 2026 (the "Agreement”). MAX Power has sold all the issued and outstanding equity interests of its wholly o

Read more →
Manila Times Business

Paul Mueller Company Announces Its Second Quarter Earnings of 2026

SPRINGFIELD, Mo., July 31, 2026 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC: MUEL) today announced earnings for the second quarter ended June 30, 2026. PAUL MUELLER COMPANY SIX-MONTH REPORTUnaudited(In thousands)CONSOLIDATED STATEMENTS OF INCOME Three Months Ended Six Months Ended Twelve Months Ended June 30 June 30 June 30 2026 2025 2026 2025 2026 2025 Net Sales $93,837 $72,624 $160,190 $131,484 $315,707 $264,043 Cost of Sales 65,130 44,760 116,933 85,798 224,336 171,491 Gross Profit $28,707

Read more →
Manila Times Business

AI/R Joins the Claude Partner Network Services Track to Build the Next Generation of Intelligent Digital Ecosystems

As a member of the Claude Partner Network Services Track, the company plans to train more than 1,000 software engineers in Anthropic technologies SAN FRANCISCO, July 31, 2026 (GLOBE NEWSWIRE) -- AI/R, a technology company specialized in agentic AI, announces its entry into the Claude Partner Network Services Track, Anthropic's global partner program. The move strengthens the company's ability to develop solutions that integrate artificial intelligence into organizations' critical workflows, boos

Read more →
Manila Times Business

July inflation could hit 5.6%-6.6% - BSP

INFLATION could have eased further in July as lower food prices helped temper the impact of higher fuel and electricity costs, the Bangko Sentral ng Pilipinas (BSP) said on Friday. “At a time of heightened uncertainty, the BSP projects July 2026 inflation to settle within the range of 5.6 to 6.6 percent,” the central bank said in its month-ahead inflation forecast.Consumer price growth has slowed in the last two months after surging to a three-year high of 7.2 percent in April. It se

Read more →
Manila Times Business

Business sentiment improves to neutral

BUSINESS sentiment rose in June after three months in negative territory, the Bangko Sentral ng Pilipinas (BSP) reported on Friday, hitting a neutral zero percent following a drop in oil and energy prices and the reopening of classes. The confidence index (CI), which was last positive at 8.2 percent in February, improved from -25.2 percent in May. At zero percent, the results “suggests that optimists and pessimists are nearly equal in number,” the central bank said. “[F]irms ex

Read more →
Manila Times Business

Bank lending, liquidity growth slower in June

GROWTH in bank lending and money circulating in the economy both slowed in June, the Bangko Sentral ng Pilipinas (BSP) reported on Friday. Outstanding loans of universal and commercial banks expanded by 9.8 percent, preliminary central bank data showed, down from May’s 12.1 percent and marking a four-month low since February’s 9.6 percent. Domestic liquidity, meanwhile, expanded by 10.6 percent to P20.5 trillion in June, easing from the 12.8-percent growth recorded in May. Loans for

Read more →
Manila Times Business

Legarda, son face Ombudsman probe

THE Office of the Ombudsman on Friday ordered the preliminary investigation of Sen. Loren Legarda, her son, Batangas Rep. Leandro Leviste, and former Energy secretary Alfonso Cusi in connection with more than P10 billion worth of solar projects. Ombudsman Jesus Crispin Remulla said his office will look into the alleged “Legarda-Leviste Solar Energy Network,” where the respondents allegedly conspired to secure exclusive government rights over the country’s solar energy resources

Read more →
Manila Times Business

Carpio questions income tax records’ release

VICE President Sara Duterte’s husband, Manases Carpio, on Friday said the authorization allowing the release of their income tax records raises legal issues and called for a judicial review. President Ferdinand Marcos Jr. on Thursday directed the Bureau of Internal Revenue (BIR) to submit the income tax records of Duterte and Carpio to the Senate impeachment court. The court, which is trying the vice president, has issued subpoenas for the documents. Carpio said he and the vice president r

Read more →
Manila Times Business

Transportation in the SONA

LAST Monday, July 27, 2026, President Ferdinand Marcos Jr. delivered his fifth and penultimate State of the Nation Address (SONA). The Move As One Coalition, in a recent social media post, summarized the key points made by the president related to transportation: “The transportation sector was discussed for 8 minutes and 32 seconds ... That's 10 percent of the total SONA delivery time. Among the topics mentioned were rail expansion, MRT and LRT projects, EDSA, financial assistance for tran

Read more →
Manila Times Business

DTI welcomes EV incentive program

THE Department of Trade and Industry (DTI) on Friday welcomed Malacañang’s issuance of Executive Order 121, which establishes the Electric Vehicle Incentive Strategy (EVIS) program. The program provides time-bound, performance-based fiscal support for the manufacture of hybrid and battery EVs — particularly passenger cars, commercial vehicles, and their parts and components. Trade Secretary Cristina Roque called it a landmark policy that strengthens the Philippines’ posi

Read more →
Manila Times Business

Lacson doubts Cayetano’s sincerity in seeking ‘ceasefire’

SEN. Panfilo Lacson on Friday questioned former Senate president Alan Peter Cayetano’s sincerity in seeking a ceasefire in their word war over alleged anomalous infrastructure projects in Taguig City. Lacson said Cayetano approached at least five senators from the majority bloc beginning last week to relay his request for a truce. This week, Cayetano reportedly sought the help of one more senator to convey the same message. “Where is your sincerity when you offer a ceasefire, then de

Read more →
Manila Times Business

PEZA lauds lifting of IT center moratorium in NCR

THE Philippine Economic Zone Authority (PEZA) has lauded the lifting of the moratorium on new information technology (IT) park and center applications in Metro Manila through Administrative Order 45, series of 2025, which amends AO 18, series of 2019. PEZA Director General Tereso Panga said the amendment resolves a long-standing policy restraint, enabling the agency to respond more effectively to the evolving needs of the IT-BPM industry while opening opportunities for property developers. &ldqu

Read more →
Manila Times Business

Sandiganbayan grants Revilla bail

THE Sandiganbayan Third Division on Friday granted the bail application of former senator Ramon Revilla Jr. in the malversation case stemming from the P92.8-million ghost flood control project in Bulacan. In a resolution promulgated on July 31, the anti-graft court ordered Revilla’s provisional release after ruling that the prosecution failed to establish strong evidence of guilt. The Sandiganbayan denied the bail applications of Revilla’s co-accused — engineers Brice Ericson D

Read more →
Manila Times Business

DA upgrades digital surveillance of PH waters

THE Department of Agriculture (DA) on Friday said it is upgrading its digital surveillance of Philippine waters to protect fisheries and guard against agricultural smuggling. On July 27, Agriculture Secretary Francisco Tiu Laurel Jr., and Bureau of Fisheries and Aquatic Resources Director Elizer Salilig formally turned over Vessel Monitoring System workstations to National Maritime Center Director VAdm. Allen Dalangin of the Philippine Coast Guard.The workstations allow authorities to track the

Read more →
Manila Times Business

Pag-IBIG once again earns COA recognition

FOR its fair and transparent presentation of its financial statements, the Home Development Mutual Fund, or the Pag-IBIG Fund, has once again earned the Commission on Audit’s (COA) unmodified opinion, achieving the state auditors’ highest opinion for the 14th successive year. Both Housing Secretary Jose Ramon Aliling and Pag-IBIG CEO Marilene Acosta on Friday welcomed the latest recognition, saying it was the result of the agency’s upholding the highest standards of integrity,

Read more →
Manila Times Business

Enhancing trust in women-led businesses

WALK into a public market or a small neighborhood shop, and the people running it are usually women. This is not incidental. It is the architecture of entrepreneurship in the Philippines. Yet, for all the ground that women have claimed as business owners, the systems meant to support them have not kept pace with their growth. The numbers bear this out. A 2021 report found that 66 percent of micro, small and medium enterprises (MSMEs) in Southeast Asia are women-owned. Financial inclusion, too, l

Read more →
Manila Times Business

Health secretary faces complaint for gambling

A COMPLAINT was filed with the Presidential Complaint Center on Friday against Health Secretary Brix Pujalte for allegedly gambling at major casinos. The complaint, filed by a group of “concerned citizens,” claims that Pujalte was seen gambling at Okada Manila, and Solaire Resort and Casino, using the aliases “Louis Santos” and “Louiss Santos” to avoid public recognition. The group said Pujalte has violated Presidential Decree 1869, which bans government offic

Read more →
Manila Times Business

El Salvador eyes stronger trade ties with PH

EL Salvador is looking to strengthen trade and investment ties with the Philippines as it promotes itself as an emerging hub for tourism, technology and infrastructure. During the “Treasures of El Salvador” business roundtable luncheon hosted by the German Club Veranda in Makati City on Thursday, Salvadoran Ambassador to South Korea Federico Miguel Guerrero Avendaño, who is concurrently accredited to the Philippines, met with Philippine business leaders to discuss expanding bi

Read more →
Manila Times Business

Metrobank net profit steady at P24.9B in H1

METROPOLITAN Bank & Trust Co. (Metrobank) on Friday reported steady earnings in the first half (H1) despite a challenging operating environment that had the bank setting aside more funds to cushion potential credit risks. The ender posted a net income of P24.9 billion for the January-to-June period, up slightly from the P24.8 billion booked a year earlier and said to have been supported by sustained loan growth and stable margins.“The operating environment remained challenging in the first

Read more →
Manila Times Business

Security threats intensify in Bangsamoro region

A PEACE and conflict monitoring group has recorded 229 conflict incidents and 85 deaths in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) since the filing of certificates of candidacy began in May, warning that violence could intensify as the campaign period opens for the region’s first parliamentary elections in September. In a report released on Friday, Climate Conflict Action Asia (CCAA) said the convergence of the BARMM parliamentary elections and the barangay (village) an

Read more →
← PreviousPage 72 of 173Next →