Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
10032 articles across all sources
Pag-IBIG partnership with P.A. Alvarez to accelerate delivery of over 7,300 affordable homes under Expanded 4PH
Pag-IBIG Fund has entered into an investment partnership with P.A. Alvarez Properties and Development Corp. (PAAPDC) to accelerate the construction of more than 7,300 affordable homes across 10 housing developments in Batangas, Laguna and Pampanga under President Ferdinand R. Marcos, Jr.’s Expanded Pambansang Pabahay para sa Pilipino (Expanded 4PH) Program. The developments will consist of […]
Read more →Over 20,000 Filipinos file virtual assistant applications monthly
The Philippines is seeing a surge in virtual assistant (VA) applications, with monthly job submissions exceeding 20,000, according to a report by global recruitment agency VA Masters. Data from the State of the Filipino Virtual Assistant Industry report showed that the company’s monthly application volume increased from 10,857 in January to 23,874 in June, representing […]
Read more →Philippines’ dollar reserves plunge to 18-month low in July
By Katherine K. Chan, Reporter The Philippines’ dollar reserves plunged to its lowest level in nearly two years as the central bank used its dollars to support the peso amid renewed volatility last month, the Bangko Sentral ng Pilipinas (BSP) said on Friday. Preliminary central bank data showed the country held $103.379 billion in gross […]
Read more →[In This Economy] For the rest of 2026, our inflation woes are far from over
Our inflation problem has not ended, it has merely paused.
Read more →Form 8.3 - [GOOCH & HOUSEGO PLC - 21 07 2026] - (CGWL)
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code”) 1. KEY INFORMATION (a) Full name of discloser:CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be
Read more →Form 8.3 - [GOOCH & HOUSEGO PLC - 27 07 2026] - (CGWL)
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code”) 1. KEY INFORMATION (a) Full name of discloser:CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be
Read more →Enginuity's inaugural Vocational Celebration Day took place yesterday
Steph and The Paint Shop Boys Skills Campaigner Meets The Paint Shop Boys at Vocational Celebration Day TRURO, United Kingdom, Aug. 07, 2026 (GLOBE NEWSWIRE) -- TV star and skills campaigner Steph Mc Govern has always made a ‘song and dance’ about changing the nation’s attitude towards skills - but now she has taken it several steps further. Steph, led the UK’s inaugural Vocational Celebration Day, with a live telecast from Teagle Machinery, a family run factory in Truro, Cornwall. The initiativ
Read more →Form 8.3 - [GOOCH & HOUSEGO PLC - 31 07 2026] - (CGWL)
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code”) 1. KEY INFORMATION (a) Full name of discloser:CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be
Read more →Irrawaddy dolphins sighted in San Miguel Bay; stakeholders boost conservation efforts
The critically endangered Irrawaddy dolphin (Orcaella brevirostris) has been sighted again in San Miguel Bay following a comprehensive marine mammal survey conducted by the University of the Philippines Institute of Environmental Science and Meteorology (UP IESM), in partnership with the Department of Agriculture-Bureau of Fisheries and Aquatic Resources Regional Office V (DA-BFAR 5) from July […]
Read more →FAMILIARITÉ: A Poetic Convergence of Cinema and Literature
DJI and Cannes-honored Icon Isabelle Reunite Two Women's Voices Across Centuries - Shot Entirely on the Osmo Pocket 4P SHENZHEN, China, Aug. 7, 2026 /PRNewswire/ -- DJI, the global leader in civilian drones and creative camera technology, unveiled FAMILIARITÉ, an original short video starring and creatively directed by Isabelle Huppert, and shot in its entirety on the DJI Osmo Pocket 4P. More than a technology showcase, the video is a meditation on literature, memory, and the quiet familiarity t
Read more →Coway Announces Financial Results for Q2 FY2026
SEOUL, South Korea, Aug. 7, 2026 /PRNewswire/ -- Coway Co., Ltd., the "Best Life Solution Company," announced its financial results for the second quarter of 2026. Coway Financial Results (2Q 2026) "In the second quarter, we demonstrated strong growth potential thanks to steady increases in our sales volume and expansion across our rental accounts both domestically and globally," said Soontae Kim, Coway's Chief Financial Officer. "In the second half of this year, we will continue to sustain this
Read more →ROHM's New 2nd-generation Terahertz Wave Oscillation Device Delivers 4 Times Higher Output Power
KYOTO, Japan, Aug. 7, 2026 /PRNewswire/ -- ROHM Co., Ltd. has developed a 2nd-generation terahertz (THz) wave oscillation device using resonant tunneling diodes (RTDs). ROHM is making the device available via the RTD-EVK-G2 Terahertz Wave Device Evaluation Kit, which includes a sample device, cable, and evaluation board. The kit enables companies and research institutions to evaluate THz wave oscillation and detection in a compact development environment. Photo: EVK https://cdn.kyodonewsprwire.j
Read more →Culinary festival spotlights authentic Asia-Pacific flavors
Asia Society Philippines launched its flagship culinary festival, Asian East 2026, on Friday, highlighting the diverse culinary heritage and culture of the Asia-Pacific region. “It is really to celebrate our shared culinary heritage with our neighbors in the Asia Pacific region,” Asia Society Philippines Natalie Christine “Ching” V. Jorge told BusinessWorld on the sidelines of […]
Read more →CIID Hong Kong Center Established: Andrew Lam, Founder of am PLUS DESIGNS, Appointed Vice Chairman
Mentored by Industry Masters and Winner of the iF Design Award, Andrew Unlocks a New Paradigm for High-Net-Worth Residential and Diverse Commercial Spaces from an Eastern Aesthetic Perspective HONG KONG SAR - Media OutReach Newswire - 7 August 2026 - As spatial aesthetics and lifestyle philosophies continue to converge across the Greater Bay Area, academic discourse and talent exchange within the interior design sectors of Hong Kong and Mainland China have reached a pivotal milestone. On the eve
Read more →Yochanra®, the World's First Innovative Drug to Overcome FGFR Inhibitor Resistance, Makes Its Global Debut in China
NANJING, China and GAITHERSBURG, Md., Aug. 7, 2026 /PRNewswire/ -- TransThera Sciences' Yochanra® is the first drug independently developed in China to address the longstanding global challenge of acquired resistance to FGFR inhibitor therapy in patients with cholangiocarcinoma. On 6 August 2026, the National Medical Products Administration (the "NMPA") formally approved the drug for marketing. As a global frontrunner in this field, the product had previously been granted Fast Track Designation
Read more →PU Prime Expands Gold Trading with the Launch of XAUUSD247
EBENE, Mauritius, Aug. 07, 2026 (GLOBE NEWSWIRE) -- PU Prime has launched XAUUSD247, a new offering that enables clients to trade gold 24 hours a day, seven days a week on MT5. Gold remains one of the world’s most actively traded safe-haven assets, with prices responding rapidly to geopolitical events, central bank policies, inflation expectations, and shifts in investor sentiment. Earlier this year, gold surged to nearly US$5,600 per ounce in January as investors flocked to safe-haven assets am
Read more →Philippine Q2 growth slumps to new post-pandemic low amid oil shock
By Justine Irish D. Tabile, Senior Reporter PHILIPPINE economic growth slowed to a post-pandemic low of 2.3% in the second quarter, as oil shock stoked inflation and dampened household consumption while a steep decline in public construction dragged investment. Despite the weaker-than-expected growth, Department of Economy, Planning, and Development Secretary Arsenio M. Balisacan ruled out […]
Read more →Pax Silica AI hub expected to yield $200B in exports in 30 years
THE PHILIPPINE government expects the proposed Pax Silica artificial intelligence (AI)-native hub to generate up to $200 billion in exports once fully built out over the next 30 years starting 2028, according to the Bases Conversion and Development Authority (BCDA). Speaking to reporters on Friday, BCDA President and Chief Executive Officer Joshua “Jake” M. Bingcang […]
Read more →Philippine debt-to-GDP ratio rises to 66% in Q2, highest since 2004
By Justine Irish D. Tabile, Senior Reporter THE Philippine debt-to-gross domestic product (GDP) ratio reached 66% in the second quarter, the highest level since 2004, data from the Bureau of Treasury showed. This was higher than the 65.2% recorded at the end of the first quarter and the 63.2% ratio at end-2025. It was also […]
Read more →Watch : NASA astronauts complete 6 Hour ISS spacewalk to prepare for solar array upgrade
Astronauts on Aug. 6, 2026 complete a US spacewalk outside the International Space Station, concluding the excursion after 6 hours and 27 minutes. NASA astronauts Jessica Meir and Anil Menon took part in the spacewalk, which was aimed at preparing the station's exterior for the installation of roll-out solar arrays, according to NASA. The new arrays will provide the station with additional power for operations and are scheduled for delivery later this year, NASA said. VIDEO BY REUTERS / NASA Che
Read more →194 LORIMER PTY LTD ANNOUNCES OFFERING OF AUD 15,070,272 SENIOR SECURED LOAN NOTE OFFER
MELBOURNE, Australia, Aug. 7, 2026 /PRNewswire/ -- 194 Lorimer Pty Ltd ACN 662 920 121 (the Issuer) is seeking to raise a total of AUD 15,070,272 in funds by the issue of loan notes, according to an announcement today by the underwriter Banner Capital Management Limited (the Arranger/Underwriter). The issue comprises progressively drawn notes as detailed below. The following is a text of the announcement: Banner Capital Management Limited as Arranger and Underwriter has announced today that the
Read more →Nxera Pharma Operational Highlights and Consolidated Results for the Second Quarter 2026
Tokyo, Japan and Cambridge, UK, 7August 2026 - Nxera Pharma ("the Company” or "Nxera”; TSE: 4565) provides an update on operational activities and reports its consolidated results for the second quarter ended 30 June 2026. The full report can be found here. Chris Cargill, President and CEO of Nxera, commented: "During the second quarter of FY2026, we continued to make steady progress across the business, building on the momentum achieved in the first quarter. Revenues from PIVLAZ® and QUVIVIQ® i
Read more →EXERCISE OF MAKE-WHOLE REDEMPTION OPTION
€ 750,000,000 5.375 per cent. Sustainability Linked Bonds due 28 May 2027 under the €5,000,000,000 Euro Medium Term Note Programme (The "Programme”) Series N°13 Tranche N°1 ISIN Code: FR001400EA16 7 August 2026, Paris - Reference is made to the terms and conditions (the "Terms and Conditions”) included in the base prospectus dated 14 June 2022 approved by the Autorité des marchés financiers under no. 22-211 on 14 June 2022 (as supplemented by a supplement approved by the Autorité des marchés fin
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