Philippines Business News

Paycode Appoints Colin Digby as Chief Revenue Officer

LONDON, Sept. 04, 2026 (GLOBE NEWSWIRE) -- Paycode is pleased to announce that Colin Digby, a seasoned industry veteran in global payments and FX, has joined the company as Chief Revenue Officer. Colin brings extensive leadership experience from Mastercard, Crown Agents Bank, Barclays, Deutsche Bank, JPMorgan and Citibank. He will lead Paycode’s global revenue strategy and expand partnerships with banks, governments and development organisations. Paycode’s leading-edge payments and digital ident

BlackRock’s Rosenberg says inflation data key after jobs beat

"Maxima Grupė’s” first half of 2026: revenue exceeded EUR 2 billion, profitability declined

The consolidated revenue of the companies operated by MAXIMA GRUPĖ, UAB in the Baltic States (hereinafter - the Group) increased by 2.8% year on year in the first half of 2026, reaching EUR 2.03 billion. Consolidated like-for-like retail revenue grew by 2.1%. "The first half of 2026 stands out for MAXIMA retail chains reducing the regular prices of 9 thousand food products in Lithuania and 4 thousand in Latvia. This step strengthens our position as the low-price leader and enables customers to p

Weak peso underscores need for fiscal consolidation, export growth – Balisacan

By Justine Irish D. Tabile, Senior Reporter The Philippines’ weak peso is being driven by renewed geopolitical uncertainty and widening trade and current account deficits, underscoring the need for fiscal consolidation and a shift toward export-led growth, Economy Secretary Arsenio M. Balisacan said. He said the renewed conflict involving Iran and the United States has […]

Modernization of tech-voc education, training system gets ICC-CC nod

The Investment Coordination Committee–Cabinet Committee (ICC-CC) on Friday approved key enhancements to a project that aims to modernize the Philippine technical and vocational education and training (TVET) system. “The government’s investment in technical and vocational education is an investment on the Filipino people,” ICC-CC Chair and Finance Secretary Frederick D. Go said in a statement. […]

DigiPlus earns 3 honors at 22nd Philippine Quill Awards

DigiPlus Interactive Corp., the country’s leading digital entertainment provider behind BingoPlus, ArenaPlus, and GameZone, earned three Awards of Excellence at the recently concluded 22nd Philippine Quill Awards for communication initiatives spanning business growth storytelling, integrated financial and sustainability reporting, and responsible gaming advocacy. Organized by the International Association of Business Communicators (IABC) Philippines, the Philippine […]

DOE urges motorists: Gas up this weekend before oil price hike

Following the intensified conflict in the Middle East, local pump prices in the Philippines are expected to increase in the second week of September 2026.

August inflation eases to 6.1%

This is the fourth month the national inflation rate went down.

Southwest monsoon brings heavy rainfall over Metro Manila, other 10 areas

Heavy rainfall warnings have been hoisted in Metro Manila and 10 other areas in Luzon due to the southwest monsoon, heightening the risk of flooding and landslides, according to the state weather bureau on Friday. “The effects of the southwest monsoon, or habagat, will continue and will bring heavy to intense rainfall, particularly in areas […]

Philippine headline inflation eases to five-month low in August

By Katherine K. Chan, Reporter SOFTER FOOD and utility prices eased pressures from elevated transport costs in August, bringing headline inflation to its slowest pace in five months, the Philippine Statistics Authority (PSA) said on Friday. Based on PSA data, headline inflation, as measured by the consumer price index, eased to 6.1% in August from […]

Euro zone retail sales tumble as non-food demand weakens

[In This Economy] Should Filipinos’ ‘consumption culture’ be blamed for the weak peso?

BSP Governor Eli Remolona did not say that consumption is the enemy. Instead, the underlying message is that our country as a whole needs to find better ways to finance our investments.

Inflation slightly cools to 6.1% in August 2026

(2nd UPDATE) Inflation may have eased overall, but rice prices rose at their fastest pace in more than two years while fuel costs also continued to climb

Lululemon slumps, Adobe names new CEO, NFP ahead - what’s moving markets

[OPINION] Will Pax Silica be another proverbial fish that got away for the Philippines?

Pax Silica cannot be treated as a leisurely long-term development masterplan. It must lock in binding corporate commitments, sign multilateral joint ventures, and physically break ground while it possesses maximum geopolitical value to its Western allies.

Nordique Critical Metals Provides Update on Kwyjibo Rare Earth Project

MONTREAL, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Nordique Critical Metals Inc.(formerly, Consolidated Lithium Metals Inc.) (TSXV: NQC | FRA: Z36 | OTCQB: JORFF) ("NQC” or the "Company”) is pleased to report an update on its work programs required to acquire (the "Acquisition”) and exercise its option to earn an undivided interest of up to 80% in the Kwyjibo Rare Earth Project (the "Project”), subject to the satisfaction of certain conditions. Further to the Company’s press release dated August 12, 2

Stoke Therapeutics and Biogen Present Long-Term Clinical Data that Support the Disease-Modifying Potential of Zorevunersen, an Investigational Medicine for the Treatment of Dravet Syndrome, at the 16th European Epilepsy Congress (EEC)

-4-year data from the Phase 1/2a open-label extension (OLE) studies showed substantial and durable reductions in seizures and continuing improvements in cognition and behavior in patients treated with zorevunersen on top of standard of care anti-seizure medicines- -New data showed substantial reductions in the most severe seizure types, the leading risk factor for sudden unexpected death in epilepsy (SUDEP)- -Improvements in quality of life were demonstrated through 28 months of treatment- -Zore

Pro-Tect Concrete Coatings Expands Penntek Floor Coating Services Across Los Angeles and the San Fernando Valley

Pro-Tect Concrete Coatings a Penntek Certified Dealer brings professional polyurea concrete coating systems to more homeowners and businesses throughout the Los Angeles area. Los Angeles, CA, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Pro-Tect Concrete Coatings is expanding its service area across Los Angeles and the San Fernando Valley, bringing professional Penntek concrete coating systems to more homeowners and businesses throughout Southern California. Protect Concrete Coating Pro-Tect Concrete Coat

VeriPark selected by Queensland Country Bank to support major technology transformation

LONDON, Sept. 4, 2026 /PRNewswire/ -- VeriPark, a global financial services technology provider, announced that Queensland Country Bank has selected its customer experience solutions as part of a major transformation program designed to deliver more connected, and member-focused banking experiences. Queensland Country Bank will implement VeriPark's VeriChannel digital banking platform, VeriTouch CRM platform and VeriLoan loan origination system. Together, the solutions will support digital banki

SOLUM Expands ESL Deployments Across Australian Consumer Electronics and Premium Grocery Retail

Accelerating multi-store rollouts with Bing Lee and delivering smart pricing infrastructure for The Natural Grocery Company SYDNEY, Sept. 4, 2026 /PRNewswire/ -- SOLUM, a global retail technology solutions provider, is expanding its Electronic Shelf Label (ESL) business across Australia through new deployments with leading consumer electronics retailer Bing Lee and premium grocery retailer The Natural Grocery Company, reinforcing its presence in the Oceania retail market. SOLUM is supporting the

KANEKA UBIQUINOL™ WINS NUTRAINGREDIENTS ASIA INGREDIENT OF THE YEAR: HEALTHSPAN AWARD 2026

Award Shines Spotlight on Ubiquinol's Role in Mitochondrial Health and Mitoceutical Innovation in the Global Healthspan Movement Seventh International Accolade Affirms Kaneka Ubiquinol™ Leadership in Evidence-Based Mitochondrial Health, Supporting Healthspan from Preconception to Healthy Ageing[i] The Lancet Public Health, August 2026: Global lifespan-healthspan gap widens to 10.7 years, underscoring the importance of supporting general health and wellbeing throughout life, especially in ageing

Renewal by Andersen of Western Washington Surpasses 1,790 Google Reviews, Reinforcing Its Position as Tacoma, WA's Top-Rated Window Replacement Company

4.8-Star Average Across 1,790 Verified Reviews Establishes the Company as the Top Choice for Window Replacement in Tacoma, WA Tacoma, WASHINGTON, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Renewal by Andersen of Western Washington has surpassed 1,790 verified Google reviews at a 4.8-star average, a volume and rating that reinforce the company's position as the top-rated window replacement provider serving Tacoma, Washington. The milestone reflects sustained customer satisfaction across the company's ful

Nature learning is in session with the Canadian Museum of Nature’s workshops

OTTAWA, Ontario, Sept. 03, 2026 (GLOBE NEWSWIRE) -- The Canadian Museum of Nature is pleased to announce the return of its popular on-site and virtual workshops for the 2026-2027 school year. These include a new virtual workshop about freshwater systems for students in Grades 7 to 9. The museum’s virtual workshops on natural-history themes are offered free to schools across Canada thanks to support from donors and partners. They have proven to be popular, as museum educators delivered 503 virtua

Is the ECB headed for a third hike?