Philippines Business News

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.

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 […]

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 […]

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 […]

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 […]

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 […]

Palace: No case vs Canada protesters

THE Philippine government did not file any complaint against anti-Marcos protesters who allegedly harassed Palace Press Officer Clarissa A. Castro during President Ferdinand R. Marcos, Jr.’s official visit to Canada last week. In a video interview shared with reporters on Tuesday, Ms. Castro said protesters were free to express their views and decided to ignore […]

Wage-setting reform pushed

SENATOR Ana Theresia N. Hontiveros-Baraquel on Tuesday said moves to increase the daily minimum wage should be complemented with wage reforms to improve the living standards of workers. In a press statement, Ms. Hontiveros welcomed the P85 wage hike in Metro Manila but noted a need to reform the country’s wage-setting system. “We need to […]

Apexford inks registration deal with PEZA

Apexford International Corp., the latest addition to the country’s logistics services industry, officially entered into a Registration Agreement with the Philippine Economic Zone Authority (PEZA).

Oil gains as US revokes license for Iranian sales after tanker attacks

Robinsons Retail set to leave PSE as Gokongwei group secures delisting threshold

The Gokongwei group is taking Robinsons Retail – the company behind Robinsons Supermarket, The Marketplace, Uncle John's, and others – private, arguing that RRHI’s stock market price no longer reflects the company’s true value

New7Wonders Honours the Official 7 Wonders Day this year in Viet Nam

ZURICH, July 7, 2026 /PRNewswire/ -- New7Wonders is proud to announce that 7 Wonders Day is being officially honoured in Viet Nam for the first time, marking a significant milestone in the country's continuing journey as the home of one of the New 7 Wonders of Nature, Ha Long Bay. New7Wonders Honours the Official 7 Wonders Day this year in Viet Nam This initiative is taking place across two iconic locations: Ha Long Bay, internationally recognised as one of the New 7 Wonders of Nature, and Ha No

ACTC No 1 (Lot Q) PTY LTD ANNOUNCES OFFERING OF AUD 1,200,000 SENIOR SECURED LOAN NOTE OFFER

MELBOURNE, Australia, July 7, 2026 /PRNewswire/ -- ACTC No 1 (Lot Q) Pty Ltd ACN 698 419 519 (the Issuer) is seeking to raise a total of AUD 1,200,000 in funds by the issue of loan notes, according to an announcement today by the underwriter Banner Capital Management Limited (the Arranger/Underwriter). The issue comprises progressively drawn notes as detailed below. The following is a text of the announcement: Banner Capital Management Limited as Arranger and Underwriter has announced today that

SAUDI INTRODUCES "PACKAGE VISA", INTEGRATING TRAVEL BOOKING WITH EASIER VISA APPLICATION

A fully digital initiative connecting visa application directly to travel bookings, making it easier to visit Saudi than ever beforeDesigned to make traveling to Saudi seamless and more accessiblePart of Saudi's wider effort to deliver experience-led tourismRIYADH, Saudi Arabia, July 7, 2026 /PRNewswire/ -- Saudi has announced the launch of Package Visa, a new digital initiative designed to simplify travel to Saudi by integrating tourist visa application directly into curated travel bookings. Th

Hang Feng Technology Innovation (FOFO.US) Secures Another Licensing Breakthrough: Asset Management Subsidiary Granted Type 1 License by the Hong Kong SFC, After Previously Upgrading Type 4 and Type 9 Licenses to Provide Virtual Asset Related Services

HONG KONG, July 7, 2026 /PRNewswire/ -- NASDAQ-listed Hang Feng Technology Innovation Co., Ltd. (NASDAQ: FOFO) (the "Company"), today announced that its wholly-owned subsidiary, Hang Feng International Asset Management Limited ("HFIAM"), has been granted a Type 1 (Dealing in Securities) regulated activity license by the Securities and Futures Commission of Hong Kong ("SFC"). This license enables HFIAM to provide a range of securities dealing activities, including the distribution services, to pr

Crypto News: Pepeto Presale Stage Closes in Hours While Bitcoin Price Prediction Sets $200,000 And Whales Found Next Dogecoin

DUBAI, United Arab Emirates, July 07, 2026 (GLOBE NEWSWIRE) -- On today’s crypto news, Pepeto, the fastest growing crypto presale of 2026, just announced its current stage closes within hours, and once it does the price steps up, meaning everyone already in has locked a gain before the token even lists. This presale, widely voted as the next Dogecoin of 2026, belongs on every serious investor's radar in a year where analysts expect a full bull run, the market where the biggest money gets made, a

Zoomex X Space Recap With David James and the World Cup Trading Panel

David James said the real pressure on a goalkeeper is not the barrage of shots, it is the silence between them.Across a career spanning Liverpool, Manchester City, Portsmouth, and 53 England caps, James's principle stayed consistent: preparation decides the outcome before the moment arrives.The trading panel found the same architecture on the other side of the analogy, instinct is only as good as the information that built it. VICTORIA, Seychelles, July 07, 2026 (GLOBE NEWSWIRE) -- Zoomex hosted

NewHydrogen Reveals Plan to Automate Its Engineering Test Unit

Introducing automated controls will shift focus from managing the test setup to analyzing the data and expediting time to market for the Company’s first commercial pilot plant SANTA CLARITA, CA, July 07, 2026 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTCQB: NEWH), the developer of ThermoLoop™, a breakthrough technology that uses water and heat instead of electricity to produce the world’s cheapest clean hydrogen, today announced plans to automate its ThermoLoop™ engineering test unit (ETU), a move

Xeltis makes first commercial implant of aXess™, its vascular access device for hemodialysis

Marks start of European commercial rollout of aXess™, bringing it into routine clinical practiceBuilds on CE mark approval in record time, underpinned by positive EU pivotal trial dataIntroduces a first-of-its-kind living vascular access solution for patients requiring hemodialysis EINDHOVEN, The Netherlands, July 07, 2026 (GLOBE NEWSWIRE) -- Xeltis, a leading developer of transformative implants that enable the natural creation of living and long-lasting vessels, announced today the official st

Thousands without power in US Pacific islands after Super Typhoon

Tens of thousands of people were without power Tuesday on Guam and the Northern Marianas after a super typhoon tore through the US Pacific territories, with no casualties reported. Worst hit was the small island of Rota when it was struck early Monday by Super Typhoon Bavi with winds up to 180 miles (290 kilometers) per hour, bringing down trees and power lines and knocking out water supplies. "Many homes have suffered severe damage, with countless roofs completely torn off... Across the island,

US International Trade Commission's (US ITC) determination confirmed, banning Innoscience's patent-infringing GaN products from U.S. market

MUNICH, July 7, 2026 /PRNewswire/ -- The Final Determination issued by the Full Commission of the U.S. International Trade Commission (US ITC) on 7 May 2026 is upheld after the conclusion of the Presidential Review Period. This confirms that Innoscience infringes an Infineon patent concerning GaN technology, resulting in import and sales bans against Innoscience. "This decision once again highlights the robustness of Infineon's intellectual property. It reinforces our commitment to actively prot

Rainbowco Expands Offshore Wind Foundation Capabilities with Proven Global Delivery Experience

QIDONG, China, July 7, 2026 /PRNewswire/ -- Nantong Rainbow Offshore & Engineering Equipment Co., Ltd. (ROC), a wholly owned subsidiary of Rainbowco Jiangsu Rainbow Heavy Industries Co., Ltd. (RHI) (SZSE: 002483), continues to strengthen its position in the offshore wind equipment manufacturing sector through large-scale production capacity, extensive project delivery experience, and global service capabilities. The company is committed to supporting the sustainable growth of the global offshore

NATO set to unveil billions in arms deals to prove its firepower to Trump

ANKARA, Turkey — NATO on Tuesday will showcase a series of new military projects worth billions of dollars in an attempt to convince US President Donald Trump that the allies are stepping up defense spending and converting investment into real firepower. At an event dubbed the “big reveal,” several leaders are due to announce new deals with defense companies, plenty of them in the United States. Trump has branded NATO a “paper tiger” that would cease to function wit

The Walking Dead Universe FAST channel goes live on ITVX as part of UK rollout

AMC Global Media - UK confirms ITVX as first platform partner for dedicated FAST channel Images can be downloaded HERE. LONDON, July 07, 2026 (GLOBE NEWSWIRE) -- AMC Global Media - UK today confirms that the dedicated The Walking Dead Universe FAST channel will launch on ITVX on 6 July 2026, as part of the UK rollout announced in early June. As previously announced on 3 June 2026, AMC Global Media - UK revealed plans to launch a dedicated UK FAST channel for The Walking Dead Universe. ITVX is th