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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

10048 articles across all sources

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Manila Times Business

Aeromexico Announces Court Decision on Aeromexico-Delta ATI

MEXICO CITY, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Grupo Aeroméxico, S.A.B. de C.V. ("Aeroméxico”) (NYSE: AERO; BMV: AERO) announced that today the U.S. Court of Appeals for the Eleventh Circuit ruled in favor of Aeromexico and Delta Air Lines, Inc. and vacated the U.S. Department of Transportation’s order terminating approval of the Aeromexico-Delta joint venture and its antitrust immunity. As a result, the joint venture and its antitrust immunity remain in effect, allowing Aeromexico and Delta to

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Manila Times Business

Stetson University Named a 'Best College' in America by The Princeton Review

Stetson also ranks No. 24 nationally for "Most Politically Moderate Students" Stetson University receives national recognition as a Best College in America For the 12th year in a row, Stetson was selected by the Princeton Review for the 2027 edition of The Best 392 Colleges, featuring schools that provide an academically outstanding undergraduate education. With the selection, Stetson joins an elite group of about 14% of colleges nationwide. Stetson University: Get Ready for It Stetson has a his

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Manila Times Business

Innovative Food Holdings, Inc. Announces Second Quarter 2026 Earnings Call

Investor conference call scheduled for Wednesday, August 26, 2026, at 4:00 PM Eastern Time BROADVIEW, Ill., Aug. 20, 2026 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) ("IVFH” or the "Company”), a national seller of gourmet specialty foods, today announced the timing for a call with investors to discuss second quarter 2026 financial results. The Company will host an investor conference call on Wednesday, August 26, 2026, at 4:00 PM Eastern Time to discuss results for the quart

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Manila Times Business

Michael Cohen, Trump's former fixer-turned-enemy, is hosting the president on his radio show

WASHINGTON — President Donald Trump is expected to appear Thursday on the radio show of his former fixer-turned-foe Michael Cohen, making a public reunion with the man who once called him a “Cheeto-dusted cartoon villain” and testified against him both in court and before Congress. Cohen, who served prison time for his role in what he said was covering up Trump’s “dirty deeds,” confirmed that the Republican president will appear in a taped interview airing on

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Manila Times Business

Unlock Gaming Potential with Exciting New Gear at HyperX Level Awakening 2026

HyperX Cloud Alpha Air and HyperX Pulsefire Haste 3 Pro headline a new lineup designed to help gamers hear more, react faster, and play at their peak News Highlights: HyperX’s first open-back gaming headset, Cloud Alpha Air combines a wide, lifelike soundstage with innovative Bass Tube technology that preserves the impactful low-end audio players crave.Built around an ultra-light 47-gram carbon-infused shell, the Pulsefire Haste 3 Pro pairs premium materials with the new HyperX Performance Senso

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Manila Times Business

Parker Declares Quarterly Cash Dividend

CLEVELAND, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a regular quarterly cash dividend of $2.00 per share of common stock to shareholders of record as of August 31, 2026. The dividend is payable September 11, 2026. This is the company's 305th consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 70 co

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BusinessWorld

BoP swings to $1.5-B deficit in July

THE Philippines’ balance of payments (BoP) position swung to a deficit for the first time in three months in July, data from the Bangko Sentral ng Pilipinas (BSP) showed.

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BusinessWorld

Moody’s: ProGRESS bill could risk delaying fiscal consolidation

THE National Government’s proposed tax reforms, if enacted, risk further delaying the country’s fiscal consolidation, especially given its widening budget deficit and record debt-to-gross domestic product (GDP) ratio, Moody’s Ratings said.

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BusinessWorld

Philippine gov’t weighs timing of RTB offering

THE GOVERNMENT is waiting for more favorable market conditions before proceeding with a retail Treasury bond (RTB) offering this year, amid elevated interest rates and tensions in the Middle East.

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BusinessWorld

Recovery in infrastructure spending not likely until Q4

THE RECOVERY in the National Government’s (NG) spending on infrastructure and other capital outlays is not expected until the fourth quarter, with outlays programmed to remain below year-earlier levels through September before surging toward yearend.

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BusinessWorld

PSE approves Robinsons Retail delisting effective Aug. 31

THE Philippine Stock Exchange (PSE) has approved the voluntary delisting of Robinsons Retail Holdings, Inc. (RRHI), with the retailer’s shares to be removed from the Exchange’s official registry effective Aug. 31. In an advisory to market participants on Thursday, the PSE said it approved RRHI’s petition for voluntary delisting and ordered the delisting of the […]

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BusinessWorld

DHI seeks P30-billion capital hike for Tampakan-linked merger

DOMINION HOLDINGS, Inc. (DHI) is seeking to nearly ninefold its authorized capital stock to P30 billion in connection with a proposed merger that would give the listed holding company controlling ownership of the company behind the Tampakan Copper-Gold Project in Mindanao. In disclosures to the stock exchange on Thursday, DHI said its board on Aug. […]

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BusinessWorld

Meralco sees billions in savings from cutting co-op system losses

MANILA Electric Co. (Meralco) said partnerships with electric cooperatives (ECs) could generate billions of pesos in consumer savings by bringing double-digit system losses down to single-digit levels. Meralco Senior Vice-President and Head of Strategic Distribution Utility Partnerships Arnel P. Casanova said on Money Talks with Cathy Yang on One News on Thursday that some ECs […]

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BusinessWorld

DoE says Villar-led SIPCOR must secure new permit before resuming

VILLAR-LED S.I. Power Corp. (SIPCOR) must secure a new permit and comply with Department of Energy (DoE) requirements before it can resume operations, Energy Secretary Sharon S. Garin said. “They have to go through the process and they have to qualify and justify to us. And also, they have to clear up some issues also […]

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BusinessWorld

PHL banks’ trust assets jump to record P6.65 trillion as of June

ASSETS held by Philippine banks’ trust units surged by over 41% year on year as of end-June to its highest level so far, data from the Bangko Sentral ng Pilipinas (BSP) showed. The industry’s trust assets reached P6.648 trillion as of June, ballooning by 41.21% from P4.708 trillion at end-June 2025. It was also 0.93% […]

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BusinessWorld

SM Warehouses expands footprint with Pasig hub

SM Warehouses, the logistics arm of SM Prime Holdings, Inc., has expanded its industrial property footprint to more than 126,000 square meters (sq.m.) of leasable space after turning over a new 40,000-sq.m. urban distribution hub in Pasig City to logistics partners of Shopee. The newly turned-over facility expands SM Warehouses’ logistics space dedicated to SPX […]

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BusinessWorld

Wise pushes for transparency in remittance costs

WISE PHILIPPINES (Wise Pilipinas, Inc.) is working with the Bangko Sentral ng Pilipinas (BSP) to make remittance fees more transparent as part of its goal to help Filipinos reduce the cost of sending money. “We are in heavy discussions with the BSP on how to ensure that local participants or local banks in the Philippines […]

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BusinessWorld

SCTEX Luisita expansion seen to improve access to ALI’s Tarlac estate

AYALA LAND, Inc. (ALI) said the expansion of the Subic-Clark-Tarlac Expressway (SCTEX) Luisita Interchange is expected to improve access to its 290-hectare Cresendo estate in Tarlac City. The project, led by the Bases Conversion and Development Authority (BCDA) with local government units and tollway partners, will add dedicated northbound entry and exit ramps to the […]

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BusinessWorld

Peso up as US moves to stem bond rout

THE PESO rebounded against the dollar on Thursday as global risk sentiment improved after the United States pledged support for the bond market to help stem surging yields. The currency gained 14.5 centavos to close at P61.67 versus the greenback from its P61.815 finish on Wednesday, data from the Bankers Association of the Philippines’ website […]

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BusinessWorld

Billease secures P1-billion credit facility from PNB

CONSUMER FINANCE and buy now, pay later (BNPL) provider Billease has received a P1-billion credit facility from the Philippine National Bank (PNB) to expand its funding base. The debt facility uses the Personal Property Security Registry (PPSR), giving PNB a registered first-rank claim over a pool of Billease’s consumer loan receivables, it said in a […]

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BusinessWorld

Alaska Milk names Marjorie Garrovillo managing director

ALASKA MILK Corp. (AMC) has appointed Marjorie “Marj” Garrovillo as its new managing director. Ms. Garrovillo brings more than 25 years of leadership experience across seven countries and the food, beverage, telecommunications, and consumer goods industries, the company said in a statement on Thursday. In her new role, she will lead AMC as it pursues […]

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BusinessWorld

Oona Insurance Philippines says profit, gross premiums surged in first semester

OONA Insurance Corp. (Oona Insurance Philippines) booked higher gross premiums written (GPW) and net income in the first half, driven by its digital distribution model. The insurer’s gross premiums written grew by 80% year on year, while net income surged 200%, it said in a statement on Thursday. This was supported by disciplined underwriting and […]

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BusinessWorld

Top Line expands fuel retail footprint to Negros Oriental

TOP LINE Business Development Corp. has expanded its fuel retail footprint beyond Cebu after completing the rebranding of five service stations in Negros Oriental, which are expected to add 600,000 liters to the company’s sales volume. The stations are the first outside Cebu to be rebranded under its Light Fuels retail brand, the company said […]

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BusinessWorld

Fitterkarma develops debut album, holding 1st major concert

HORROR STORIES and aesthetics had always been a major influence for Filipino alternative band Fitterkarma, who have showcased the dark flair that love songs can have with their hits “Pag-ibig ay Kanibalismo II” and “Kalapastangan.” Now, their noise-driven, shoegaze-influenced music is set to manifest in a big way — through their debut album and their […]

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