Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
10039 articles across all sources
McEwen Announces Planned Retirement of COO & Promotions to Its Senior Leadership Team
TORONTO, Aug. 24, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) ("McEwen” or the "Company”) today announced the planned retirement of Chief Operating Officer William Shaver. Mr. Shaver has dedicated more than 55 years of his career to the mining industry, including the past 4 years at McEwen. In 1980, he co-founded Dynatec Corporation, which became one of the leading contracting and mine operating groups in North America. Bill’s relentless commitment has left its mark on both the industry
Read more →IDT Corporation to Present at Midwest IDEAS Investor Conference
NEWARK, N.J., Aug. 24, 2026 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech and communications solutions, will present at the Midwest IDEAS Investor Conference to be held in Chicago on August 26 and 27, 2026. Marcelo Fischer, IDT’s Chief Financial Officer, and Bill Ulrey, Investor Relations, will provide an overview of the company’s operations, strategy, and financial results (through the third quarter of IDT’s fiscal year 2026) from 4:40 until 5:15 PM Eastern Time
Read more →49ers owner York fined after vice arrest - records, reports
UNITED STATES — San Francisco 49ers owner Jed York has pleaded no contest to two criminal charges after being arrested on suspicion of engaging in prostitution, official court records and reports said Monday. Ohio court records showed Monday that York had been fined $1,150 after being hit with misdemeanor charges of disorderly conduct and possessing criminal tools. Multiple US media reports said York was initially held on a charge of "engaging in prostitution" following his arrest by East
Read more →Tornado tears through French village, dozens injured
POMAS, Paris — A tornado tore through a village in southwestern France on Monday, injuring 41 people and damaging hundreds of homes, authorities said. French authorities had placed swathes of the country's southwest on orange alert for storms, and numerous areas were hit by power outages and transport chaos. In the Aude department, officials cancelled the third stage of the Vuelta a Espana cycling race, which was being held in the area, when a hailstorm forced riders to seek shelter. The t
Read more →Paybis Widens Its Global Crypto Payment Methods to 20+ as Local Payment Rails Multiply Worldwide
LONDON, Aug. 24, 2026 (GLOBE NEWSWIRE) -- The company adds new local payment methods across Europe, Latin America and Africa, extending a crypto exchange that already serves 180+ countries, as global demand for compliant crypto exchanges with broad local payment coverage grows. Paybis, a global crypto exchange and B2B payment infrastructure provider, today confirmed a new bench of local payment methods added to its exchange. Over the past two years, the company has steadily added region-specific
Read more →La Rosa Holdings Corp. Announces Receipt of Nasdaq Deficiency Notice and Subsequent Regaining of Compliance
Company’s filing of second quarter 2026 Form 10-Q satisfied Nasdaq periodic filing requirement; matter is now closed Celebration, FL, Aug. 24, 2026 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa” or the "Company”), a real estate and PropTech company, today announced that it received a notification letter from the staff of The Nasdaq Stock Market LLC ("Nasdaq”) on August 21, 2026, regarding the Company’s compliance with Nasdaq Listing Rule 5250(c)(1), and subsequently receive
Read more →Ninepoint Partners Announces August 2026 Monthly and Semi-Monthly Cash Distributions for its ETFs and ETF Series Securities
TORONTO, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Ninepoint Partners LP ("Ninepoint Partners”) today announced cash distributions for its ETFs and ETF Series securities. The applicable distribution amounts, record dates and payment dates are detailed below. The per-unit monthly distributions for the ETF Series securities listed below have a record date of August 31, 2026, and are payable on September 4, 2026: Ninepoint ETF SeriesTickerDistribution per unitCUSIPNinepoint Global Infrastructure FundINFR
Read more →Lapid questions Acosta over 2 confidential fund recipients with his surname
MANILA, Philippines — Senator-judge Lito Lapid on Monday broke his silence after his surname appeared in acknowledgment receipts identifying recipients of confidential funds under the Office of the Vice President (OVP). During his interjection at the impeachment trial of Vice President Sara Duterte, Lapid questioned former OVP special disbursing officer Gina Acosta about two names bearing the surname "Lapid" that appeared among the recipients of the confidential funds. Lapid raised the pos
Read more →AFP backs crackdown of China’s state-sponsored disinformation propaganda
MANILA, Philippines — The Armed Forces of the Philippines (AFP) on Monday expressed full support for calls of lawmakers to take a whole of government approach to countering China’s state-sponsored disinformation. "The AFP acknowledges and fully supports the call of lawmakers, led by House Spokesperson Representative Robert Ace Barbers, urging regulatory authorities to take decisive action against foreign state-sponsored malign influence campaigns,” Rear Admiral Roy Vincent Trin
Read more →Moody’s affirms Philippines’ investment grade credit rating
MOODY’S RATINGS on Monday affirmed the Philippines’ investment grade credit rating with a “stable” outlook on expectations that the country’s fiscal position will stabilize as the economy gradually recovers and the government continues its fiscal consolidation efforts.
Read more →Early action may curb El Niño inflation
EARLY MEASURES to protect agricultural production from what could be the worst El Niño on record could help prevent supply disruptions from fueling inflation, a Bangko Sentral ng Pilipinas (BSP) official said on Monday.
Read more →Delayed allotments slow infrastructure rollout
THE DEPARTMENT of Budget and Management (DBM) said delayed allotment releases slowed the implementation of infrastructure projects, with their obligation rate reaching only 20% to 30% in the first half, well below the expected 50%. Acting Budget Secretary Kim Robert C. De Leon said most government agencies were on track in implementing their projects, but […]
Read more →Philippines allocates P7.5 billion to eliminate nontechnical system losses
THE PHILIPPINE government is stepping up efforts to reduce electricity losses, allocating about P7.5 billion to curb nontechnical losses while developing a plan to address technical losses.
Read more →Filipinos just above poverty line remain vulnerable
MANY FILIPINO HOUSEHOLDS that recently escaped poverty remain at risk of falling back below the poverty line as elevated food and energy prices continue to erode their purchasing power, analysts said.
Read more →SEC eyes raising stockbrokers’ P100-million capital requirement
THE Securities and Exchange Commission (SEC) is considering raising the P100-million minimum capital requirement for stockbrokers as it reviews whether the decades-old threshold remains adequate, its chairman said. “We may be thinking of increasing even the P100 million because the P100 million was a 2001 figure,” SEC Chairperson Francisco Ed. Lim told reporters on Monday. […]
Read more →Emperador re-enters FTSE index, settles ELS shares for P1.4 billion
LISTED liquor producer Emperador, Inc. has re-entered the FTSE Global Equity Index Series (GEIS) as a Small Cap constituent, as the company separately agreed to settle part of its equity-linked securities (ELS) through a P1.4-billion cash payment instead of issuing common shares. “EMI is the only Philippine company newly added to the FTSE Small Cap […]
Read more →PREIT sees revenue staying at 51% of year-ago level as SIPCOR seeks CA relief
VILLAR-LED Premiere Island Power REIT Corp. (PREIT) expects revenues to fall by 49% from last year as lease agreements with S.I. Power Corp. (SIPCOR) remain suspended amid an ongoing dispute over the power producer’s operating permits. “While the suspension remains in effect, the Corporation’s revenue is expected to remain reduced at approximately 51% of the […]
Read more →Aliens at 40: From wearable cameras to exoskeletons, here are the technologies the film predicted
DIRECTOR James Cameron’s acclaimed sci-fi movie Aliens turns 40 in August. It’s a sequel to Ridley Scott’s claustrophobic breakout hit Alien, made in 1979. Where the original featured one terrifying creature, Cameron’s movie features hundreds — and pits them against a squad of space marines.
Read more →BTr partially awards short-term bills as yields rise on hike bets
THE GOVERNMENT made a partial award of the short-term securities it offered on Monday as yields mostly climbed before an expected rate hike by the Bangko Sentral ng Pilipinas (BSP) this week, and with players looking for duration for higher returns. The Bureau of the Treasury (BTr) raised a combined P57.665 billion from its offering […]
Read more →Building national resilience is everybody’s business
For decades, the country’s approach to crisis management has followed a familiar, predictable rhythm. A super typhoon strikes, a geopolitical flashpoint flares up, or a global health disruption halts supply chains. In response, emergency aid pours in, charitable corporate donations fill newsfeeds, and emergency personnel deploy. Then, the waters recede, the immediate threat passes, and […]
Read more →Roxas and Company secures P1.93-B Chinabank loan for refinancing
ROXAS AND COMPANY, Inc. (RCI) has entered into a P1.93-billion term loan agreement with China Banking Corp. (Chinabank) to refinance existing obligations and fund general corporate purposes. In a disclosure on Monday, RCI said it entered into an Omnibus Loan and Security Agreement with Chinabank on Aug. 20. Under the agreement, Chinabank agreed to extend […]
Read more →An assured artistic follow through
IN FILIPIÑANA, which had its world premiere in the World Cinema Dramatic Competition at the 2026 Sundance Film Festival back in January, each frame displays stunning, beautiful composition.
Read more →PHL life insurance industry books higher premium income as of June
THE PHILIPPINE life insurance industry recorded a 17.91% increase in premium income for the first half of the year, driven mainly by variable life products. The sector’s combined premium income went up to P229.98 billion as of end-June, up from P195.05 billion a year ago, the Insurance Commission (IC) said in a statement on Monday. […]
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