Philippines Business News

Canada’s CPI jumps to 3.2% in May, topping 3% forecast

[Finterest] Bangko Sentral lifts freeze on digital transfer fee hikes. Will prices rise?

For consumers, the moratorium’s lifting doesn't automatically mean fees will go up. But regulators still need to tweak their incentives so that the new pricing regime pushes costs down rather than give payment providers room to charge more.

Why credible tax guidance matters for busy Filipino taxpayers

DocTax is an AI-powered tax query assistant and matching platform.

Alan Greenspan, influential former Federal Reserve chair, dies at 100

Goldman cuts U.S. recession risk to 15% after Iran deal

NIA activates El Niño preparedness, water management measures

NIA said it had prepared mitigation and contingency measures months in advance.

Japan approves five-fold increase in visa fees for foreign nationals

Japan has approved a five-fold increase in visa fees for foreign nationals.

COMMENTARY: Why the Philippines cannot afford to delay open finance

The recently filed Open Finance bill may be the most consequential piece of legislation in addressing this.

Palawan Group of Companies honors loyal employees who helped lay the foundation of its success

61 employees who are celebrating their 20th, 25th and 30th year of service were honored.

Korea Deep Learning Secures Back-to-Back Global AI Benchmark Wins Over Big Tech

SEOUL, South Korea, June 22, 2026 /PRNewswire/ -- Korea Deep Learning, a pioneer in enterprise-grade Document AI and vision intelligence solutions, today announced that its proprietary Document AI has secured the #1 overall ranking on ParseBench, a premier global document parsing benchmark organized by LlamaIndex. Korea Deep Learning’s Document AI ranks #1 overall in LlamaIndex’s ParseBench ParseBench evaluates AI models on their ability to read, structure, and extract information from approxima

AI in focus, Iran talks advance - What’s moving markets

Murj® Expands Global Footprint with Commercial Launch in Australia and New Zealand

SYDNEY and AUCKLAND, New Zealand, June 22, 2026 /PRNewswire/ -- Murj®, a cardiac device management software company, today announced its official expansion into the Australian market alongside broader availability for New Zealand. Following its exhibition at the recent CSANZ / HRS Advances in Pacing and Conduction System Pacing Summit in Melbourne, the company has established active commercial operations and sales channels across the region. The expansion introduces Murj to regional health syste

Iran touts progress in US peace talks; negotiations set to continue

3D AI Studio Launches Flow: Node-Based 3D Workflows That Run in the Browser With No GPU or Setup

A visual canvas that chains AI generation, mesh cleanup, texturing, and export into reusable 3D pipelines, built by an AI agent from a text prompt. HEILBRONN, Germany, June 22, 2026 (GLOBE NEWSWIRE) -- 3D AI Studio today launched Flow, a node-based canvas that lets creators build complete 3D workflows in the browser, with no software to install and no GPU required. The platform, used by more than one million designers, developers, and creators, now lets users connect AI generation, mesh cleanup,

7 killed and dozens injured following series of weekend shootings in Chicago

CHICAGO — A spate of shootings in Chicago has led to at least seven deaths and 38 injuries since Friday evening, police say, prompting President Donald Trump to renew his call for a military intervention in the nation's third-largest city. “Why isn’t Governor Pritzker calling me for help. I could make Chicago a safe City in ONE MONTH, in ONE YEAR, it would be one of the safest!!!” Trump said in a Sunday morning Truth Social post. The office of Illinois Gov. JB Pritzker, a

MoonLake Announces Week 52 Results of Sonelokimab from its Phase 3 VELA Program in Hidradenitis Suppurativa and Confirms Investor Day on June 22, 2026

Results from the Phase 3 VELA clinical trials at Week 52 in adults with moderate-to-severe hidradenitis suppurativa (HS) demonstrate sonelokimab’s (SLK) potential best-in-class and best-in-disease profile, with consistent responses that are higher than those observed in trials of competing agents at the end of their respective parental trialsNamely, ~67% of patients treated with SLK achieved HiSCR75 at the one-year mark, with more than one quarter of patients achieving inflammatory remission (IH

Migrant dies attempting to cross Channel to Britain

LILLE, France — A woman died after reaching English waters Sunday following an illegal crossing from France, according to British and French authorities, as well as an association that works with migrants. The vessel she was travelling in had not sought assistance during the crossing, but British authorities intercepted it and found an unconscious passenger, they said. "Despite medical assistance, we are deeply saddened to confirm that they have since died," a UK government spokesperson sa

Three boys die after sea rescue at Spanish beach

MADRID, Spain — Three boys have died after getting into difficulty while swimming at a beach near Tarragona in northeastern Spain, officials said Sunday. The incident happened on Friday at Arrabassada beach when a group of six boys jumped into the sea from rocks while a yellow warning flag was flying because of strong waves. Three of the boys made it back to shore unaided, while the others were rescued by emergency crews. A 12-year-old boy died at the scene despite efforts to resuscitate h

Global Nexa Initiative Launches to Support Climate and Health Innovations

Global consortium seeks bold, scalable solutions that reduce climate-driven health harms on vulnerable communities LONDON, June 21, 2026 (GLOBE NEWSWIRE) -- At London Climate Action Week, Grand Challenges Canada (GCC) and the Science for Africa Foundation (SFA Foundation) today announced the launch of Nexa, a global initiative to support locally led innovations that address the growing health impacts of climate change. Nexa is led by GCC (in partnership with the Government of Canada) and SFA Fou

Wave of syringe attacks mar France's street music festival

PARIS, France — French police have detained twelve suspects after 145 people reported being pricked with syringes during the country's annual street music festival, officials said Sunday. Millions of people took to the streets across France on Saturday evening for the Fete de la Musique, with authorities reporting "unprecedented crowds" in Paris. Before the party, posts on social media had called for women to be targeted during the festivities. The interior ministry said 145 victims across

Suu Kyi's release key to peace formula for Myanmar

LAST Friday, on the 81st birthday of Aung San Suu Kyi, 134 former and current legislators from 11 countries wrote an open letter to President Ferdinand Marcos Jr., this year’s Asean chair, calling on the regional bloc to demand that Myanmar release immediately and unconditionally the Nobel laureate and other political prisoners from detention. Suu Kyi has been in military custody for nearly 20 years of her life. She was first arrested in July 1969, after she co-founded the National League

African Swine Fever detected in Capiz towns, prompts strict biosecurity measures

ILOILO CITY — Swine blood samples collected from three towns in Capiz have tested positive for African swine fever (ASF), prompting provincial authorities to intensify disease control measures and urge hog raisers to strictly observe biosecurity protocols. In an advisory issued on June 18, the Capiz Provincial Veterinary Office (PVO) said laboratory testing conducted by the Regional Animal Diseases Diagnostic Laboratory 6 confirmed the presence of ASF in samples retrieved from Roxas City,

Impeach pre-trial conference resumes

THE pre-trial conference for the impeachment trial of Vice President Sara Duterte will resume today, June 22, with the defense and prosecution finishing the marking of documents. The pre-trial serves as the initial meeting of both panels before the senator-judges begin the trial proper. The Senate, sitting as an impeachment court, is expected to start the trial on July 6. The defense and prosecution panels met on July 18 at the Senate to present their evidence related to the four Articles of Imp

Henry the hero as New Zealand level England series in style

LONDON, United Kingdom — Matt Henry did the damage as New Zealand thrashed England by 253 runs in the second Test at the Oval on Sunday for a series-levelling victory as England confirmed that Ben Stokes would return as captain for the deciding third Test. Stokes was dropped for breaching a team curfew following his side's win in the series opener at Lord's. "Ben will be back. He'll be back as captain," said England head coach Brendon McCullum after the match. Fast-medium bowler Henry's se