Philippines Business News

Remittix Confirms Major Exchange Launch Price At $0.35 Minimum For RTX

MAJURO, Marshall Islands, July 05, 2026 (GLOBE NEWSWIRE) -- Remittix has confirmed that RTX will launch on major exchanges at a minimum price of $0.35, marking one of the biggest updates yet for the project and its presale community. The announcement has immediately placed RTX back in the spotlight as holders now have a clearer view of how the token will be positioned when exchange trading begins. For a project that has already built strong attention around crypto-to-fiat payments, platform test

Think tank calls for stronger AFP modernization ahead of arbitral award anniversary

MANILA, Philippines — A policy think tank has called on the government to accelerate the modernization of the Armed Forces of the Philippines (AFP), saying the country must strengthen its defense capabilities to address evolving security challenges in the West Philippine Sea (WPS) a decade after its landmark legal victory against China. The Stratbase Institute made the appeal ahead of a high-level conference on July 10 commemorating the 10th anniversary of the 2016 arbitral award, which in

PhilSports hosts Alex Eala Wimbledon 4th round, Gilas vs Australia public live viewing

MANILA, Philippines — The PhilSports Arena in Pasig hosts a free public live viewing of Alex Eala's Wimbledon fourth round match against Jasmine Paolini as well as Gilas Pilipinas' FIBA World Cup Asian qualifiers match against Australia On Monday. Gates open at 5:30 p.m. on a first-come first-served basis. The event is organized by the Philippine Sports Commission in partnership with the Metropolitan Manila Development Authority (MMDA) and Cignal.

Vendor arrested in Tacloban for alleged sexual abuse of pet dog

TACLOBAN CITY — A 50-year-old vendor was arrested by police after he was allegedly caught sexually abusing a pet Dachshund in Tacloban City shortly before midnight on Saturday. The police report said the suspect was invited by one of the complainant's family members to join a drinking session before the incident unfolded. The suspect excused himself to use the comfort room, but moments later the complainant and her daughters heard their brown female Dachshund crying loudly. “The fami

Alex Eala earns praise from tennis legend Billie Jean King

MANILA, Philippines — Billie Jean King, the tennis legend who helped pave the way for equality in women’s sports, has praised Filipina star Alex Eala following her historic run at the 2026 Wimbledon Championships. King met Eala after the 21-year-old stunned defending champion Iga Swiatek, 7-6, 6-2, in the third round last Saturday (Manila time), becoming the first Filipino to reach the Round of 16 at Wimbledon. “What a treat to spend some time with Alex Eala, fresh off her hist

Super Typhoon Bavi threat prompts preparations across Marianas, home to 70,000 Filipinos

SAIPAN, Northern Mariana Islands — Thousands of Filipinos living in the Mariana Islands are bracing for the impact of Super Typhoon Bavi. The Marianas—comprising Guam and the Commonwealth of the Northern Mariana Islands—are home to an estimated 70,000 Filipinos, many of whom work in the construction, tourism, healthcare, retail, and service sectors. Residents and businesses across Saipan began extensive storm preparations ahead of the Marianas' second super typhoon in a little

'Very dangerous' super typhoon nears US Pacific islands

People in Guam and the Northern Marianas moved to emergency evacuation centers and made last-minute preparations on Sunday, hours before a "super typhoon" was projected to bulldoze through the US Pacific territories. Super Typhoon Bavi was forecast to roar westwards over the area from early Monday with winds of 260 kilometers per hour (160 miles per hour) — equivalent to a category 5 hurricane — and gusts of up to 315 kph. The National Weather Service called the typhoon "very dangero

Maria Sharapova hails Alex Eala as ‘A Star’ after historic Wimbledon upset

MANILA, Philippines — Years after Alex Eala once asked tennis icon Maria Sharapova for a photo, the former world No. 1 is now among those celebrating the Filipina’s rise on the sport’s biggest stage. Eala etched her name in history after stunning defending champion and world No. 1 Iga Świątek in straight sets, 7-6, 6-2, to reach the Round of 16 of the 2026 Wimbledon Championships. Sharapova, a five-time Grand Slam champion and former world No. 1, was quick to acknowledge the br

20x Profit in Two Years: How Reddog's 'K-Snack' Model Is Scaling Fast in South East Asia

Revenue doubles for a second straight year; operating profit surges more than twentyfold to an unusually high ~20% margin Singapore entity launched in April, first store opens in August; ASEAN's 600-million market in sight, with an IPO under review for the first half of 2027 SINGAPORE, July 5, 2026 /PRNewswire/ -- Reddog, the Korean street-food ("bunsik") brand that has brought tteokbokki and Korean-style corn dogs to Indonesian consumers, has emerged as a standout high-growth, high-margin model

Taylor Swift and Travis Kelce are married. What to know about the wedding

NEW YORK — Your English teacher and your gym teacher are married. And we finally know a few more details surrounding Taylor Swift and Travis Kelce's wedding at Madison Square Garden. Adam Sandler officiated, which both delighted and confused those who had been guessing who would have the high honor. Swift's brother Austin Swift served as her man of honor, and Kelce's brother and podcast co-host Jason Kelce served as the groom's best man. The event was attended by hundreds of celebrities, a

North Korea's Kim oversees latest naval weapons tests

SEOUL — North Korean leader Kim Jong Un oversaw weapons tests this week of the 5,000-tonne destroyer Kang Kon, including cruise missile launches and "electronic warfare means," state media reported Sunday. The naval vessel was notably the one that tipped over last year during its launch ceremony, but later repaired. The tests took place on Friday, the state-run Korean Central News Agency (KCNA) said, less than two weeks after another 5,000-tonne destroyer, the Choe Hyon entered military se

Prosecutors argue the man accused of killing Charlie Kirk should stand trial

SALT LAKE CITY — Charlie Kirk's widow and parents are expected this week in a Utah court where prosecutors seeking the death penalty will argue that the man charged with killing the conservative activist should stand trial for murder. The five-day preliminary hearing that starts Monday will be the first time members of Kirk's family are in the Utah courtroom with defendant Tyler Robinson. The hearing will be livestreamed. Robinson turned himself in after the shooting. Prosecutors allege th

Parts of Metro Manila, Rizal, Cavite to have water interruptions this week

MANILA, Philippines — Some areas in Metro Manila, Rizal and Cavite will have water interruptions this week due to scheduled maintenance works and high demand, Manila Water Company Inc. and Maynilad Water Services Inc. said on Sunday. Manila Water said that in Rizal, some areas in Brgy. San Jose, Antipolo will have no water on July 7-8 between 10 p.m. and 4 a.m. because of looping activities along Marcos Highway. Maynilad meanwhile said that in Valenzuela City, some locations in the village

Swiatek doesn't care about results after Wimbledon exit

LONDON, United Kingdom — Iga Swiatek said she does not "care anymore about the results" and is just focused on regaining her best form after suffering a shock Wimbledon third-round loss to Alexandra Eala on Saturday. The Polish third seed's title defence was halted by Eala at the All England Club, just weeks after the four-time French Open champion bowed out in the last 16 at Roland Garros. But Swiatek insisted she was happier with her game in London than she was in the French capital. "I

PSC chairman Gregorio pushes for a pioneering Philippine Sports University

MANILA, Philippines — Philippine Sports Commission (PSC) Chairman Patrick Gregorio has unveiled a bold proposal to establish the country’s first Sports University under the University of the Philippines (UP) system, a pioneering initiative that seeks to transform Philippine sports from a pastime into a national industry of pride, education, and enterprise. Speaking before the graduating class of the UP College of Human Kinetics at the Varsity Training Center, Gregorio challenged the

Eala eyes repeat over Paolini in Wimbledon QF bid

MANILA, Philippines — 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,

Burgos eyes PH Islands Series’ double at 5150 Bohol

MANILA, Philippines — Erika Burgos returns to familiar and winning ground on July 12, aiming to make history as the first two-leg champion of the inaugural 5150 Triathlon Islands of the Philippines Series while leading a star-studded international field in the Sun Life 5150 Bohol. The national triathlete and Southeast Asian Games gold medalist heads back to the beachfront of The Bellevue Resort in Panglao, Bohol where she has enjoyed multiple victories, drawing confidence from past success

Man climbs Eiffel Tower, hangs US flag on America's big birthday

PARIS, France — A man climbed the Eiffel Tower on Saturday and draped the US flag on Paris's emblematic landmark on the 250th anniversary of American independence, police said. The man was spotted in the afternoon climbing the tower between the second and third floors and hanging the Stars and Stripes. He was arrested and the forecourt, as well as the second and third floors, were evacuated for a while. The climber gave no explanation for his motives, police said. The flag was taken down.

Marcos on ouster calls: Nonsense

VANCOUVER — 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 in the SONA (State of the Nation Address),

JASIWAY Best-Selling Modern Sleeper Sofa Chair Launches on Wayfair, Bringing Flexible Small-Space Living to Modern American Homes

Sheridan, WY, July 04, 2026 (GLOBE NEWSWIRE) -- JASIWAY, a modern furniture brand focused on flexible whole-home living solutions, announced that its best-selling Modern Sleeper Sofa Chair is now available on Wayfair, giving American consumers broader access to a compact, convertible furniture solution designed for today’s small-space homes, apartments, guest rooms, and hybrid living environments. The launch comes as households across the United States continue to rethink how living spaces are u

Venezuela quake death toll rises to nearly 3,000

CARACAS, Venezuela — Venezuela's devastating twin earthquakes killed nearly 3,000, updated official figures showed on Saturday, as international rescue teams began winding down search operations for survivors in the rubble of the disaster. Fatalities jumped by more than 300 from Friday to 2,954, following the June 24 disaster that has left thousands homeless in the streets and sheltering in camps. Tens of thousands more are still reported missing. The government has not given any estimates

Marcos on Bonoan as state witness: Up to Ombudsman

VANCOUVER, Canada — President Ferdinand Marcos Jr. on Saturday (Sunday in Manila) said it is up to Ombudsman Jesus Crispin Remulla to deciden if former Public Works secretary Manuel Bonoan should be turned into a state witness in the investigation of anomalous flood control projects. Speaking to members of the Philippine media before leaving Canada, Marcos said the Executive branch will not interfere in the Ombudsman's evaluation of the matter. "It's up to the Ombudsman to decide on how to

Marcos 'worried' over policy shift in West Philippine Sea after his term

VANCOUVER, Canada — President Ferdinand Marcos Jr. on Saturday (Sunday in Manila) admitted that he is "worried" about a possible shift in policy in the West Philippine Sea after his term ends in 2028. In a media interview here, Marcos stressed the importance of upholding the 2016 arbitral ruling that favored the Philippines against China regarding long-standing maritime disputes. "Well, of course, it's a very important issue for the Philippines, if you're asking me if I'm worried that the

Today's Weather, 5 A.M. | Jul. 5, 2026