Philippines Business News

Salmon secures P8.8 billion to boost Philippines operations

Financial technology firm Salmon Group has secured $140 million (about P8.8 billion) in additional financing to expand its lending operations and introduce new loan products across the Philippines.

Stocks rise despite record-low peso

The local stock market sustained its momentum from last week, advancing for a third consecutive session as optimism on the market debut of GCash overcame concerns over a weakening peso, which sank to a fresh record low of 63.09.

Today's Front Page | October 20, 2026

UK government commits $1.6 billion for climate financing

State-run British International Investment has pledged to mobilize $1.6 billion (about P100.9 billion) in climate financing for the Philippines and other developing Southeast Asian economies.

What shopping teaches us about wasteful motion

If you have a wife, daughter or girlfriend, you know the amount of patience you need when you accompany them in a shopping adventure.

What’s the best move for listed companies?

Major listed companies continue to bet on a comeback rather than an exit amid market undervaluation, choosing instead to put their cash where their confidence is through share buybacks.

What’s the best movefor listed companies?

Major listed companies continue to bet on a comeback rather than an exit amid market undervaluation, choosing instead to put their cash where their confidence is through share buybacks.

Tomorrow.Mobility 2026 will gather over 240 international experts in its conferences

BARCELONA, Spain, Oct. 19, 2026 /PRNewswire/ -- Mobility thinker Lukas Neckermann, Spain's Secretary General for Innovation Teresa Riesgo and Axel Volkery, from the European Commission's DG MOVE, will be among the headline speakers at Tomorrow.Mobility World Congress (TMWC), to be held from 3-5 November at Fira de Barcelona's Gran Via venue. Co-organised by Fira de Barcelona and EIT Urban Mobility, an initiative of the European Institute of Innovation and Technology, a body of the European Union

Versiti becomes 10th U.S. blood center to adopt FDA-cleared automation from Terumo Blood and Cell Technologies

Automated whole blood processing will expand platelet production capacity and help meet growing hospital demand LAKEWOOD, Colo. and MILWAUKEE, Oct. 19, 2026 /PRNewswire/ -- Versiti has become the 10th U.S. blood center to adopt the Reveos™ Automated Blood Processing System from Terumo Blood and Cell Technologies (Terumo BCT). Combined with the Lumia™ Software Platform, Reveos will allow the blood center to expand its capacity to produce platelets from whole blood donations and help strengthen th

Electronic System Design Industry Posts $5.7 Billion in Revenue in Q2 2026, ESD Alliance Reports

IC Physical Design & Verification, Semiconductor IP, and Services Reported Double-Digit Year-over-Year Revenue Increase MILPITAS, Calif., Oct. 19, 2026 /PRNewswire/ -- Electronic System Design (ESD) industry revenue increased 12.2% to $5,710.8 million in the second quarter of 2026 from the $5,089.4 million registered in the second quarter of 2025, the ESD Alliance, a SEMI Technology Coalition, announced today in its latest Electronic Design Market Data (EDMD) report. The four-quarter moving aver

ANTHBOT Genie 600E Comes to Costco Australia for In-Store Roadshow

The wire-free robot lawn mower is being featured at selected Australian Costco warehouses from October 2026 to January 2027, with exclusive roadshow offers and a New Zealand stop to be announced. CANBERRA, Australia, Oct. 19, 2026 /PRNewswire/ -- ANTHBOT and its ANZ distribution partner UNIVERSE TIME PTY LTD (UT) are bringing the Genie 600E robotic lawn mower to Costco Australia through a series of in-store roadshows from October 2026 to January 2027. Following the first event, the roadshow mark

CHANDO Group Showcases Chinese Beauty Science at COSMETIC 360, Debuts Fatigue-Aging Research on Global Stage

PARIS, Oct. 19, 2026 /PRNewswire/ -- CHANDO Group featured its five brands and latest advances in cosmetic ingredient research at the 12th edition of COSMETIC 360, organized by Cosmetic Valley and held at the Louvre in Paris on October 14-15. As a representative of China's beauty industry, the Group also participated in the 2026 International Cosmetics Innovation Summit (INPD). At the event, CHANDO Group presented its findings on fatigue-related skin aging alongside its proprietary active ingred

2026 Belt and Road Journalists Forum opens in Nanjing, driving global media consensus

NANJING, China, Oct. 19, 2026 /PRNewswire/ -- A report from JiangsuNow. The 2026 Belt and Road Journalists Forum convened on Oct. 17 in Nanjing, capital of Jiangsu province, highlighting the pivotal role of journalists and media leaders worldwide in furthering Belt and Road cooperation and advancing global governance. Under the theme "Convergence and Connectivity•Innovation and Progress•Media Transformation amid Global Changes," the event brought together nearly 100 journalists and representativ

Thunes and Coinbase Join Forces to Drive Next Generation Global Payments

Strategic alliance unites global fiat payout infrastructure with best-in-class stablecoin infrastructure, empowering both platforms to serve new markets across corporate, gig economy, and consumer use cases. LAS VEGAS, Oct. 19, 2026 /PRNewswire/ -- Money20/20 USA:Thunes, the Smart Superhighway to move money around the world, and Coinbase today announced a strategic collaboration to drive the next generation of global payments. By bringing together two established leaders across fiat and digital

ATTACK SHARK Launches R5 TURBO Flagship Carbon Fiber Gaming Mouse with Dual 8K Connectivity and New Dune Colorway

NEW YORK, Oct. 19, 2026 /PRNewswire/ -- High-performance gaming peripheral brand ATTACK SHARK today announced the upcoming release of the R5 TURBO. This next-generation flagship wireless gaming mouse builds on the R5 ULTRA's success with upgraded hardware, dual 8K connectivity, a design optimized for precision control, and a new Dune colorway, alongside classic black and white options. ATTACK SHARK R5 TURBO "Following the strong market response to the R5 ULTRA, we pushed further to deliver even

ANTA Group and Tsinghua University Upgrade the Strategic Partnership, Joining Hands to Establish a New Benchmark for University-Industry Collaboration

BEIJING, Oct. 19, 2026 /PRNewswire/ -- October 15, a ceremony marking the upgrade of the strategic partnership between ANTA Group and Tsinghua University, along with the signing of a cooperation agreement, was held in Beijing. The two parties announced the further upgrade of the existing "Tsinghua University-ANTA (China) Limited Co., Ltd. Joint Research Center for Sports Fashion" into a joint research institute. They will deepen their strategic cooperation in scientific research and development,

Next Move, Next Horizon | SHACMAN Group Worldwide Partnership Conference & GlobeFest Held in Xi’an

XI’AN, China, Oct. 19, 2026 (GLOBE NEWSWIRE) -- On October 15, 2026, the SHACMAN Group Worldwide Partnership Conference & GlobeFest was held at the Xi’an International Convention & Exhibition Center under the theme "Next Move, Next Horizon.” Ren Guo, Secretary of the Party Committee of the State-owned Assets Supervision and Administration Commission of Shaanxi Province, and Liu Yi, Chairman of Shaanxi Automobile Holding Group, were among those in attendance. More than 1,800 dealers, key customer

VINCI: Disclosure of transactions on shares from October 12, 2026, to October 16, 2026

Nanterre, October 19, 2026 Disclosure of transactions on shares from October 12, 2026, to October 16, 2026 Within the framework of the authorization granted by the General Meeting of VINCI SA of April 14, 2026, to trade in its shares and in accordance with the regulations relating to share buybacks, VINCI SA (LEI:213800WFQ334R8UXUG83) declares the purchases of treasury shares below (FR0000125486), carried out from October 12, 2026, to October 16,2026: I - Aggregate presentation by day and by mar

VINCI Airports - Traffic as of September 30, 2026

PRESS RELEASE Nanterre, October 19, 2026 VINCI Airports - Traffic as of September 30, 2026 Traffic slightly down in the third quarter and broadly stable at the end of September 2026, despite ongoing disruptionsMixed performance across the networkSeveral platforms in Europe and Latin America recorded solid growth, while geopolitical disruptions in Asia and high kerosene prices impacted traffic at certain airportsIn the paragraphs below, and unless otherwise stated, variations refer to traffic lev

VIRBAC: Solid growth of +7.9% at CERS in YTD September 2026, fueled by double-digit growth of our Supercharge platforms

End of September 2026 revenue reached €1,168 million : +7.9% at constant exchange rate and scope (at CERS) vs YTD September 2025+5.9% at actual rates impacted by currency headwindsBalanced growth in both segments: Companion Animal +8.8% and Farm Animal +7.0% with a strong contribution from our Supercharge platforms (excl. Thyronorm) which increased by around +11% at CERSStrong volume/mix effect of ~+6%, completed by price increase of ~+2%Strong performance in all geographies YTD September 2026:

Pinnacle Treatment Centers Opens New Facility, Expanding Access to Addiction Treatment in Richmond, VA

Comprehensive Outpatient Opioid Treatment Program (OTP) Brings Medication, Counseling, and Same-Day Admissions to South Richmond FCCR Richmond Facility FCCR Richmond Now Open FCCR Richmond Team Teammates in front of FCCR Richmond Richmond, VA, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Pinnacle Treatment Centers announced today the opening of FCCR Richmond, a new outpatient Opioid Treatment Program (OTP) located at 1801 Hull Street, Richmond, VA 23224. The facility brings comprehensive outpatient addicti

Canadian Investment Regulatory Organization Trading Halt - WCU

VANCOUVER, British Columbia, Oct. 19, 2026 (GLOBE NEWSWIRE) -- The following issues have been halted by CIRO : Company: World Copper Ltd. TSX-Venture Symbol: WCU All Issues: Yes Reason: Pending News Halt Time (ET): 10:54 AM CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly- listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers

Oliveda International, Inc. (OLVI) Subsidiary Olive Tree People Inc. Introduces a New Beauty Category Connecting People to Living Nature

The Olive Ecosystem brings together the Olive Ring, biometric skin scanning, waterless skincare, Olive Water, Mini Olive, and connected beauty devices through the Olive App - with each customer connected to a personal living olive tree in the company’s own Demeter-certified olive groves. Biological light. Organic sound. Nature-driven microcurrent. One living connection. An entire beauty ecosystem Real-Time Olive Tree Signals Olive Tree People's patented Microcurrent Tree Therapy is powered by re

Moomoo Extends Options Trading Hours* with Pre-Market and Post-Close Sessions

Expansion covers options on 25 stocks and five ETFs, providing investors with the flexibility to trade outside traditional market hours JERSEY CITY, N.J., Oct. 19, 2026 (GLOBE NEWSWIRE) -- Moomoo, a leading global investment and trading platform, today announced the launch of extended trading hours for U.S. listed options on its platform. Working with Cboe, Moomoo is offering investors day-one access to the new premarket and post-close trading sessions on Cboe Options Exchange. The expansion cov