Philippines Business News

5.4 quake jolts Occidental Mindoro; intensities reported in over a dozen areas

A magnitude 5.4 earthquake struck Mamburao, Occidental Mindoro, on Friday, with shaking felt in more than a dozen areas, according to the Philippine Institute of Volcanology and Seismology (PHIVOLCS). The tremor occurred at 10:38 a.m., with its epicenter located about 13 kilometers southwest of Mamburao, Occidental Mindoro, PHIVOLCS said in Earthquake Information No. 2. PHIVOLCS […]

Four deaths, nearly 133,000 people affected by recent bad weather — OCD

At least four people have died, while nearly 133,000 individuals have been affected by the combined effects of Tropical Cyclones Luis and Maymay and the southwest monsoon, according to the Office of Civil Defense (OCD) on Friday. Two of the reported fatalities, along with one injury, were caused by a landslide in Benguet, OCD Deputy […]

NAVITIME JAPAN and Taiwan Tourism Administration Sign MOU to Promote "Smart Tourism"

- "Taiwan Travel by NAVITIME" App Adds Official TDX Transit Data and Expands Spot Listings to over 10,000 Locations across Taiwan - TOKYO, Aug. 7, 2026 /PRNewswire/ -- NAVITIME JAPAN Co., Ltd. announced that it signed a Memorandum of Understanding (MOU) for the "Taiwan Tourism Promotion Project" with the Tourism Administration, Ministry of Transportation and Communications (MOTC) of Taiwan on July 23, 2026. The partnership aims to stimulate inbound travel to Taiwan by improving overall convenien

Lumina Datamatics Completes Acquisition of TNQTech, Creating a Global Leader in Scholarly Publishing Solutions

MUMBAI, India, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Lumina Datamatics, a global leader in content, retail support, and technology solutions, today announced the completion of its acquisition of TNQTech, a leading Chennai-based publishing technology company. This transaction marks a significant milestone in Lumina Datamatics’ organic and inorganic growth strategy and positions the combined organization among the world’s largest providers of scholarly publishing solutions. The announcement follows th

Bavarian Nordic Receives European Commission Approval of Mpox/Smallpox Vaccine for Children Aged 2 to Less than 12 Years

MVA-BN approval expanded to include children aged 2 to less than 12 years for protection against mpox, smallpox and disease caused by vaccinia virusApproval further strengthens MVA-BN’s position in supporting global public health preparednessCOPENHAGEN, Denmark, August 7, 2026 - Bavarian Nordic A/S (OMX: BAVA) announced today that the European Commission has adopted the recent Committee for Medicinal Products for Human Use (CHMP) positive opinion recommending the approval of a type II variation

Eurocastle Releases Second Quarter and First Half 2026 Financial Results

EUROCASTLE INVESTMENT LIMITED FOR IMMEDIATE RELEASE Contact: Oak Fund Services (Guernsey) Limited Company Administrator Attn: Nicole Barnes Tel: +44 1481 723450 Eurocastle Releases Second Quarter and First Half 2026 Financial Results Guernsey, 7 August 2026 - Eurocastle Investment Limited (Euronext Amsterdam: ECT) ("Eurocastle” or the "Company”) today has released its financial report for the six months ended 30 June 2026. Q2 NAV increase of 4% to €22.0 million, or €21.81 per share: Driven by th

NBPE Announces Transaction in Own Shares

THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS Neuberger Private Equity Partners Announces Transaction in Own Shares St Peter Port, Guernsey 7 August 2026 Neuberger Private Equity Partners Limited ("NBPE” or the "Company”) today announces details of Class A Shares bought back pursuant to general authority granted by shareholders of the Company on 11 J

Cacao Culture marks 10th year with first 8.8 Chocolate Festival

Philippine chocolate maker Cacao Culture is marking its 10th year with the launch of the 8.8 Chocolate Festival, a month-long celebration aimed at increasing consumer interest in locally made chocolate while providing a platform for cacao growers and chocolate makers. Founded in 2016 by husband-and-wife entrepreneurs Kenneth and Shiela Reyes-Lao, Cacao Culture began as a […]

Kujira dissipates; Typhoon Dolphin enhances southwest monsoon, drenching Luzon

Tropical Cyclone Kujira, locally known as Maymay, has dissipated after being absorbed by Typhoon Dolphin (international name), which is enhancing the southwest monsoon and bringing heavy rains over Luzon, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Friday. “As of eight in the morning, the low pressure area in the Philippine […]

Vibe Hotels expands Metro Manila footprint with Alabang opening

Vibe Hotels has expanded its presence in Metro Manila with the opening of its Alabang branch, as the hospitality brand of Sun Group of Companies seeks to bring its accommodations and dining concepts to more travelers. Vibe Hotel Alabang officially opened with a ribbon-cutting ceremony attended by executives of Sun Group of Companies, government officials, […]

Endeavor opens Singapore global hub to help startups scale overseas

Global entrepreneurial network Endeavor has launched its first Asia-Pacific Global Hub in Singapore, aiming to help founders expand internationally by connecting them with mentors, investors, and business partners through its worldwide network. The Singapore hub, supported by the Singapore Economic Development Board (EDB) and Enterprise Singapore (EnterpriseSG), will serve as a gateway for entrepreneurs building […]

Globe Business unveils ‘Intelligent Transformation’ ambition, previewing the future of PH enterprise tech at G Summit 2026

Inside the main hall of G Summit 2026, the discussion across the Philippine enterprise landscape signaled a new era of corporate agility. As organizations expand their tech ecosystems across an average of 120 enterprise applications, the primary focus for today’s dynamic business leaders has shifted from expanding software stacks to unifying them into a single, […]

Canadian economy adds 75,100 jobs in July, beating analyst expectations

Philippine GDP growth sharply slows in Q2 2026

The Philippine economy sharply slowed in the second quarter as the Middle East conflict drove up inflation and weighed on household spending and investments. Gross domestic product (GDP) grew by 2.3% in the second quarter from a year earlier, slowing from the 5.4% expansion in the same quarter last year and the 2.8% growth in […]

Philippine economy grows 2.3% in Q2 2026

The Philippine economy posted a year-on-year economic growth of 2.3% in the second quarter of 2026.

DOE sees major pump price rollback next week

The energy department teases for big time rollback next week.

Philippine economy slows to 2.3% in Q2 2026, weakest since 2009

(1st UPDATE) Public construction plunges as officials remain hesitant following the flood control scandal, and household spending posts its weakest non-pandemic growth in nearly 16 years

Why the rebalancing of the MSCI Standard Philippine Index matters

When the MSCI adds, removes, or reweights a stock, passive fund managers have no choice but to purchase newly added stocks and dump deleted stocks

U.S. jobs report ahead; Houthi attack on Saudi Arabia - what’s moving markets

Ticketplus Announces Pricing of Initial Public Offering

SANTIAGO, Chile and NEW YORK, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Ticketplus Ltd. ("Ticketplus” or the "Company”), a technology company that operates a proprietary, full-stack technology platform powering live entertainment across Latin America, today announced the pricing of its initial public offering of 1,875,000 ordinary shares at a price of $8.00 per share for a total of $15 million of gross proceeds to the Company, before deducting underwriting discounts, commissions and other offering expen

Calfrac Reports Second Quarter 2026 Results

CALGARY, Alberta, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. ("Calfrac” or "the Company”) (TSX: CFW) announces its financial and operating results for the three and six months ended June 30, 2026. The following press release should be read in conjunction with the management’s discussion and analysis and interim consolidated financial statements and notes thereto as at June 30, 2026. All financial amounts and measures are expressed in Canadian dollars unless otherwise indicated.

ISSA VEO Conference Heads to Dallas During National Hispanic Heritage Month to Empower the Next Generation of Industry Leaders

Second annual event at Renaissance Dallas Hotel will connect, empower, and elevate Hispanic professionals across the cleaning and facility solutions industries through bilingual education, leadership development, networking, and Visionario Gala ROSEMONT, Ill., Aug. 06, 2026 (GLOBE NEWSWIRE) -- ISSA, The Association for Cleaning and Facility Solutions, today announced that registration is open for the 2026 ISSA VEO Conference (Visión. Empeño. Oportunidad.), returning September 28-29, 2026, in Dal

Boralex Receives all Regulatory Approvals for Arrangement with Brookfield and La Caisse

MONTRÉAL, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Boralex Inc. ("Boralex" or the "Corporation") (TSX: BLX) announced today that it has received all regulatory approvals required in connection with the closing of the previously-announced plan of arrangement under the Canada Business Corporations Act (the "Arrangement") involving the Corporation and Brookfield, together with its institutional partners including Brookfield Renewable Partners, and La Caisse (formerly CDPQ). The Corporation expects that, s

TEAM, INC. Schedules Second Quarter 2026 Earnings Release and Conference Call

SUGAR LAND, Texas, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) ("TEAM” or the "Company”), a global, leading provider of specialty industrial services offering customers access to a full suite of conventional, specialized, and proprietary inspection, heat-treating, and mechanical services, today announced that it will issue its second quarter 2026 earnings release on Monday, August 10, 2026, after the close of trading on the New York Stock Exchange. TEAM will host a conference call