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Philippines Business News

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

1119 articles from Manila Times Business

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Manila Times Business

9 senator-judges are impeachment trial ‘veterans’

NINE senators who will serve as judges in the impeachment trial of Vice President Sara Duterte have participated in similar proceedings before. Senators Loren Legarda and Vicente Sotto III took part in the trial of then​-president Joseph Estrada from Dec. 7, 2000 to Jan. 16, 2001, and that of then-chief justice Renato Corona from Dec. 12, 2011 to May 29, 2012. Seven others were involved in the impeachment of Corona: Senators Alan Peter Cayetano, Pia Cayetano, Francis Escudero, Jinggoy Estrada, P

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Manila Times Business

​Eala guns for Wimbledon quarterfinal spot ​Eala guns for Wimbledon quarterfinal spot vs Paolini

AIMING to extend her historic Wimbledon run to the quarterfinals, Filipino tennis ace Alexandra “Alex” Eala looks to repeat over Italian Jasmine Paolini in the fourth round at the All England Lawn Tennis and Croquet Club likely Monday evening in Manila.The specific court and time of the round of 16 match had not been revealed as of writing. World No. 32 Eala first faced No. 17 Paolini last February at the 1000 Dubai Tennis Championships, where the former took a 6-1, 7-6(5) win in the

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Manila Times Business

Flood control scam probe continues

VANCOUVER, Canada — President Ferdinand Marcos Jr. on Saturday (Sunday in Manila) said that the government is not yet done ferreting out all those accountable in the flood control scandal. Marcos said the controversy may have started before his administration. He said that former president Rodrigo Duterte acknowledged that there were great problems in flood control but nothing happened. “Well, I cannot say that we have done enough because we are not done yet. Unfortunately, the more

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Manila Times Business

Foxconn second-quarter revenue jumps, company cautions on geopolitics

TAIPEI — Taiwan’s Foxconn, the world’s largest contract electronics maker, reported a 39.8-percent year-on-year rise in second-quarter revenue that beat market forecasts on strong demand for artificial intelligence (AI) products, though it cautioned about “volatile” global politics. Revenue for Nvidia’s biggest server maker and Apple’s top iPhone assembler jumped to T$2.513 trillion ($78.71 billion) in the April-June quarter, Foxconn said in a statement

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Manila Times Business

​‘Nonsense,’ Marcos says on calls for his ouster

VANCOUVER, Canada — President Ferdinand Marcos Jr. on Saturday (Sunday in Manila) dismissed as “nonsense” calls to oust him, insisting that it was he who exposed anomalies in flood control projects. In a media interview in Canada, Marcos said irregularities in flood control projects were only disclosed during his watch, noting that past presidents had failed to look into the issue that happened “beyond [his] administration.” “If I hadn’t said what I said

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Manila Times Business

For one small business, AI was key to a quick start and expansion

WASHINGTON — Here Now Health isn’t an artificial intelligence (AI)-based company, but its quick path from an idea in founder Michelle Turner’s mind to an operating mental health platform for foster children relied deeply on the technology now restructuring the US economy. Working from her Virginia Beach home, she used AI tools to school herself in startup culture, create a business plan and fine-tune a presentation for early-stage investors. Funding began to flow, and the compa

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Manila Times Business

Lowering of criminal age needs study – Marcos

VANCOUVER, Canada — President Ferdinand Marcos Jr. on Saturday (Sunday in Manila) said that the proposal to lower the minimum age of criminal responsibility should be carefully studied, saying that it may imply that "children have changed from before." Speaking to reporters, Marcos acknowledged that the youth are now living in a "different world," but it must be clear what triggers some children to sow violence. "I’m not saying that’s not the case. It’s possible. The worl

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Manila Times Business

Gold Exchange Universe Launches Portal Version 24k - Sydney’s Precious Metal Buyers for Scrap Gold, Gold Bullion and Jewellery, Paying Close to 98% of Spot

Sell Gold Sydney | Gold Buyers Sydney | Sell Jewellery Sydney | Sell Gold Bullion | 95% of Spot for Scrap Gold | Up to 98% of Spot for Gold Bullion | NSW Second-Hand Dealers Licence No. 2PS27296 | ABN: 76 165 775 155 Sydney, NSW, July 05, 2026 (GLOBE NEWSWIRE) -- Gold Exchange Universe launched Version 24k of goldexchangeuniverse.com.au on 28 June 2026, replacing the previous site with a dedicated portal consolidating its position as Sydney’s gold buyers, jewellery buyers, and gold bullion acqui

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Manila Times Business

Frontier AI Smart Cities Tech License Patent Creating a Legal Path for Public Robot-Run (Veterans First for America)

ALEXANDRIA, Va., July 05, 2026 (GLOBE NEWSWIRE) -- Inventors working on the pro-Veterans public health and addiction disorder study have just filed a new patent application with the U.S. Government. It creates a strict safety rulebook called the QAIAx TDC Model Code. This code sets up a special training and certificate program for people who will work inside futuristic, dome-shaped communities called Microcities. This project is part of an official trial registered with the National Institutes o

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Manila Times Business

'Quezon' dominates 9th Eddys, wins Best Picture; Jericho Rosales, Maris Racal take top acting honors

MANILA, Philippines — Historical drama "Quezon" emerged as the biggest winner at the 9th Eddys on Sunday, capturing Best Picture along with Best Screenplay and Best Production Design, while lead star Jericho Rosales earned Best Actor and Maris Racal was named Best Actress for "Sunshine." The awards ceremony, organized by the Society of Philippine Entertainment Editors (SPEEd), honored the year's outstanding achievements in Filipino filmmaking during a star-studded event held at the Ceremon

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Manila Times Business

How Paris appeals court ruling could upend Marine Le Pen’s 2027 presidential bid

PARIS — Paris' appeals court is set to rule Tuesday in Marine Le Pen’s embezzlement case, a decision that could determine whether one of France’s leading presidential contenders can run in next year’s election. Le Pen, 57, is appealing a March 2025 conviction that found her and other members of her National Rally party guilty of misusing European Parliament funds by paying party staff with money intended for EU parliamentary assistants between 2004 and 2016. The lower cou

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Manila Times Business

Pope Leo is spending the rest of July at the papal retreat at Castel Gandolfo for summer vacation

ROME — Pope Leo XIV began a summer vacation on Sunday, capping a whirlwind finale to the first half of 2026 in which he emerged as a powerful global statesman on issues from artificial intelligence to war and flexed decisive papal muscle to govern internal church problems. Leo is spending the rest of July at the papal retreat at Castel Gandolfo, the Vatican's historic summer residence south of Rome that the American pope has turned into his weekly getaway for tennis and swimming. The Vatic

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Manila Times Business

A Common Currency for OOH: Why OAAM's Unified Measurement Initiative Is the Move Malaysia's OOH Industry Has Been Waiting For

For the Out-of-Home industry to earn its rightful seat at the media planning table, it must speak the language of accountability. OAAM's new unified measurement framework is exactly that, a long overdue step toward industry wide credibility. Kuala Lumpur, MALAYSIA, July 05, 2026 (GLOBE NEWSWIRE) -- There is a conversation that happens in almost every media planning meeting across Malaysia. The client's agency presents a carefully modelled media mix - television, digital, social - with audience r

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Manila Times Business

PCSO Lotto Results | July 5, 2026

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Manila Times Business

Napolcom welcomes Head Executive Assistant Alvin Mojica as commissioner

THE National Police Commission (Napolcom) welcomes the appointment of Alvin Mojica as commissioner representing the civilian sector, following his appointment by President Ferdinand Marcos Jr. on June 25, 2026. A seasoned public administrator and local governance practitioner, Mojica brings decades of experience in public service that will further strengthen the commission's continuing efforts to promote police professionalism, accountability and institutional excellence. For Commissioner Mojica

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Manila Times Business

DepEd reinforces school discipline to uphold safe and motivating learning environments

THE Department of Education (DepEd) has enforced streamlined guidelines to address security violations within schools, classifying bomb threats and carrying and concealing deadly weapons as critical offenses that carry severe disciplinary penalties. As part of the comprehensive School Safety Campaign spearheaded by Education Secretary Sonny Angara, the measure aims to protect the welfare of learners amid emerging security challenges. “In line with President Bongbong Marcos' goal of ensurin

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Manila Times Business

As war grinds on, Ukrainian climbers build a new outdoor culture inspired by Yosemite

DENYSHI, Ukraine — Atop a steep granite cliff overlooking a river about two hours' drive west of Kyiv, hundreds of people pitched tents on a festival camping ground. By day, they climbed the rock face, swam in a nearby reservoir or enjoyed stand-up paddling. As evening fell, live bands and DJs took over the stage as rock and electronic music drifted through the forest. The Stoned Climbers festival, which took place last week in the Zhytomyr region, is Ukraine’s biggest outdoors event

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Manila Times Business

PH-OGP expands nationwide reform alliance, seals landmark partnerships to accelerate open government agenda

THE Philippine Open Government Partnership (PH-OGP), chaired by Department of Budget and Management (DBM) Acting Secretary Kim Robert De Leon, further strengthened the country’s open government movement after forging landmark partnerships with key government agencies, leading academic institutions, and civil society organizations to accelerate the implementation of the PH-OGP 2026 Agenda. The memoranda of understanding (MOU), signed on July 2, 2026 at the DBM Central Office, marks a major

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Manila Times Business

SBP says Brownlee out vs Australia due to hamstrinng injury

MANILA, Philippines — Gilas Pilipinas will be forced to play all-Filipino versus Australia as naturalized player Justin Brownlee is out due to hamstring strain and leg and knee injury, the Samahang Basketbol ng Pilipinas announced on Sunday night at its Facebook page. “Justin Brownlee will miss the game against Australia due to hamstring strain and peroneal tendinopathy on his right leg and left knee swelling and cartilage defects,” the SBP posted. Brownlee is coming off a grue

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