Philippines Business News

Who can use the Lido name? SC cancels ‘Lido Cocina Tsina’ trademark

(1st UPDATE) Years after the falling out between old partners, the Supreme Court says the trademark still belongs to the partnership they left behind

El Niño may cause drought in Camarines Sur, hit 61 provinces— PAGASA

The El Niño phenomenon, which is likely to persist until the first half of 2027, is projected to cause drought conditions in Camarines Sur and dry conditions and dry spells in 61 provinces across the country, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Wednesday. “We still forecast drought conditions in […]

[In this Economy] PISA 2025: Much better scores, but the learning crisis remains

The improvements are real, but that’s what you get from intense preparation. As with any student determined to ace an exam, preparation is key.

Global Dominion and Lamudi Philippines turn property listings into property ownership

Global Dominion has been accelerating the growth of individuals and businesses through loans and financing products.

Wage board clears P60 NCR wage hike while P85 order remains frozen

Metro Manila's wage board approved a new P60 daily minimum wage increase while the earlier P85 hike remains tied up in court.

EU proposes new rules to simplify public tenders, promotes "Buy European"

Philippine banks’ July bad loan ratio rises to 3.35%

PHILIPPINE BANKS’ nonperforming loan (NPL) ratio worsened in July as soured debt rose, preliminary Bangko Sentral ng Pilipinas (BSP) data showed. Banks’ gross NPL ratio rose to 3.35% in July from 3.29% a month earlier, but eased from 3.4% in the same month last year. This was the highest bad loan ratio in two months […]

How hawkish will the BoE sound as energy prices rise?

DoT’s ‘rebrand’ expected to boost tourism growth

The Department of Tourism (DoT) said that changing its branding direction in its Love the Philippines campaign will help boost the country’s tourism growth. “Upon entry into the office, the first mandate that I had carried out was to change the tone of voice of the Department of Tourism with regard to how it communicates […]

[Vantage Point] The Villar Land scandal now has a gatekeeper problem

The Villar Land affair began as a valuation scandal. It became a disclosure and market-integrity scandal. It now has a potentially more material issue.

'Cheapest' in the world? Immigration cites foreign fees in defending P240 border charge

Immigration says its proposed P240 border fee is cheapest. Are the foreign charges comparable?

Oil prices near $100 amid intensifying Mideast fighting - what’s moving markets

Businesses Achieved 322% ROI with Avalara, According to New Total Economic Impact Study

New study finds a composite Avalara customer realized $1.2 million in benefits and $881,000 in net present value over three years, with payback in under six months SYDNEY, Sept. 9, 2026 /PRNewswire/ -- Avalara, Inc., the agentic AI leader in global tax and compliance, today announced the results of a new commissioned study conducted by Forrester Consulting: The Total Economic Impact™ (TEI) Of Avalara. The study found that a composite organization representative of Avalara customers achieved a 32

China’s Global Development Initiative wins acclaim for delivering tangible benefits worldwide

THE Global Development Initiative (GDI)first proposed by President Xi Jinping in 2021, has been lauded by experts and diplomatic envoys for delivering tangible benefits to people in different countries. At the High-Level Meeting on Global Development Initiative at Five Years held in Beijing in late July, delegates spoke highly of the fruitful outcomes achieved since the GDI was proposed in 2021, hailing China’s leading role in advancing international cooperation on development. Chinese For

Thoma Bravo Announces Strategic Growth Investment in Tanda

Investment to accelerate Tanda's product innovation and global growth BRISBANE, Australia and SAN FRANCISCO, Sept. 9, 2026 /PRNewswire/ -- Thoma Bravo, the world's largest software-focused investment firm, today announced a strategic growth investment in Tanda, a leading workforce management, payroll and HR platform for shift-based workers. Thoma Bravo's investment will support Tanda's continued product innovation, including the company's AI roadmap and its expansion into new markets. Tanda's co

Truescope launches in Australia with a fully integrated AI media intelligence service

The Australian-founded service used by organisations across North America, Singapore, and New Zealand launches at home for the first time. Truescope enters the Australian market Truescope enters the Australian market SYDNEY, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Truescope will enter the Australian market on 1 October 2026, seven years after it was founded in Sydney by John Croll and Michael Bade. Truescope is a media intelligence service and monitors broadcast, print, digital and social media, and

Minimum Deposit Casino USA: Twinqo Brings Lower Entry Options to Crypto Casino Players

Crypto-focused platform highlights growing demand for flexible deposit solutions, digital payments, and player-controlled online casino experiences. NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- As demand grows for more flexible online casino experiences, the minimum deposit casino USA market is gaining attention among players looking for accessible starting options, payment convenience, and greater control over their initial spending. Twinqo is highlighting the growing importance of flexible dep

Marvel Rivals adds Gorr the God Butcher; Loki gets killed off

A new villain is making his way into the "Marvel Rivals" roster as Gorr the God Butcher prepares to wreak havoc in Season 10. NetEase Games launched a new gameplay trailer showcasing Gorr as the latest Duelist Hero. He can relentlessly execute enemies and absorb their flesh, transforming them into Black Berserkers. These Black Berserkers function as independent, AI-controlled enemies in battle, similar to Magik's Minions. Gorr wields both the Necrosword and a scythe, with the latter giving him g

California Water Service Kicks Off Back-to-School Season With 13th Year of Tap Into Learning Program

SAN JOSE, Calif., Sept. 08, 2026 (GLOBE NEWSWIRE) -- As teachers welcome students back for another year of learning, California Water Service (Cal Water) is launching its 13th annual Tap Into Learning, a conservation education program designed to help students explore the importance of water through hands-on learning, creativity, and environmental stewardship. Tap Into Learning provides schools in Cal Water service areas, which span from Chico in the north to the Palos Verdes Peninsula in the so

Hong Kong's first post-colonial leader Tung Chee-hwa dies aged 89

CHINA — Hong Kong's first post-colonial leader Tung Chee-hwa has died aged 89, his office said Wednesday. The former shipping tycoon was hand-picked by Beijing to run the former British colony after its return to Chinese rule in 1997, but had a rocky tenure until he stepped down in 2005. Tung "passed away peacefully in the presence of his beloved family members" on Tuesday, a statement from his office said. "Mr. Tung dedicated his life with an unwavering commitment to the service of the Na

CJ 4DPLEX Partners with ATLAS Biograferne To Debut Denmark's First-Ever SCREENX

ATLAS Biograferne Cinemas becomes the first in Denmark to feature 270-degree panoramic SCREENX auditorium BURBANK, Calif., Sept. 9, 2026 /PRNewswire/ -- CJ 4DPLEX, the world's leading producer of premium cinema formats and immersive theater experiences, and ATLAS Biograferne, an independent multiplex cinema located in Rødovre, Denmark, today announced the debut of the country's first 270-degree panoramic SCREENX auditorium, marking the format's long awaited arrival in the Danish market. Nestled

UNSW Selects D2L for Institution-Wide Learning Transformation Reaching Over 80,000 Learners

Australia's top university is set to roll out D2L Brightspace as the foundation of its new digital learning environment MELBOURNE, Australia, Sept. 9, 2026 /PRNewswire/ -- D2L, a global leader in learning innovation, shares that UNSW Sydney has selected D2L Brightspace as its new learning platform. This partnership will support an ambitious, institution-wide transformation of the teaching and learning experience for over 80,000 learners and thousands of educators. One of the world's leading rese

LIV Golf files for bankruptcy protection

LOS ANGELES, United States — LIV Golf, the breakaway tour that spent billions of dollars luring top players away from the PGA and triggered bitter divisions within the sport, filed Tuesday for bankruptcy protection. The filing at a New Jersey court indicates the organization, which lost its deep-pocketed Saudi investors earlier this year, intends to restructure and return in a new form, though the fate of star players including Bryson DeChambeau and Jon Rahm remains unclear. "This process

Oil prices jump, stocks drop as Mideast war flares

NEW YORK, United States — World oil prices climbed Tuesday, once more closing in on $100 a barrel, and stock markets mostly retreated owing to a flare-up in the Middle East war. The latest jump in oil prices came as the Houthis said Saudi Arabia retaliated with strikes on Tuesday after the group targeted oil facilities as part of an effort to seize territory near the Bab al-Mandab Strait, an increasingly important route for Saudi oil after Iran blockaded the Strait of Hormuz. A note from E