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Philippines Business News

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4650 articles from Manila Times Business

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Manila Times Business

Zylox-Tonbridge Delivers Strong First-Half 2026 Results as International Revenue Surges 349%

Revenue rose 31.1% to RMB 632 million, while net profit increased 47.8% to RMB 179 million HANGZHOU, China, Aug. 20, 2026 /PRNewswire/ -- Zylox-Tonbridge Medical Technology Co., Ltd. (HKEX: 2190, "Zylox-Tonbridge" or the "Company") today announced its interim results for the six months ended June 30, 2026. In the first half of 2026, revenue increased 31.1% year over year to RMB 632 million, while net profit rose 47.8% to RMB 179 million. Gross profit margin and net profit margin were 73.4% and 2

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Manila Times Business

Lianlian DigiTech Reports Strong H1 2026 Results: AI-Native + Globalization Strategy Accelerates Product Rollout and Adjusted Operating Profit More Than Doubled

HONG KONG, Aug. 20, 2026 /PRNewswire/ -- Lianlian DigiTech Co., Ltd. (HKEX: 2598) ("Lianlian DigiTech" or the "Company"), a leading AI-driven digital payment service provider headquartered in China with a global footprint, today reported interim results for the six months ended June 30, 2026. Following the announcement of its AI-Native + Globalization strategic upgrade during the period, the Company delivered growth across revenue, profitability, and product development, reflecting early executi

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Manila Times Business

The AI capability gap: tech innovation is outstripping human readiness

Talogy research suggests AI is evolving faster than our ability to understand what good AI-human performance looks like.95% of organizations say AI is automating work at least moderately78% face challenges when assessing AI skills, with current frameworks lacking depth and personalizationJust 38% feel 'very prepared' to adapt job descriptions and career paths for AIPITTSBURGH, Aug. 20, 2026 /PRNewswire/ -- New research by Talogy, a global leader in talent management, reveals a concerning gap bet

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Manila Times Business

GIGABYTE Brings AORUS INFINITY to Gamescom 2026 with an Immersive Gaming Playground

TAIPEI, Aug. 20, 2026 /PRNewswire/ -- GIGABYTE AORUS is heading to Gamescom 2026 under the AORUS INFINITY theme, turning its booth into an immersive gaming playground where visitors can experience leading game titles on AI gaming laptops, OLED gaming monitors, and PC setups, alongside the Gamescom debut of the AORUS INFINITY Series. GIGABYTE Brings AORUS INFINITY to Gamescom 2026 with an Immersive Gaming Playground The AORUS INFINITY Series delivers a high-performance build with a distinctive vi

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Manila Times Business

Simple AI Introduces HiFi-UMI, a High-Fidelity Robot-Free Data-Production System for Robot Manipulation Learning, with a 2,000-Hour Open Dataset

A portable, high-fidelity robot-free data-production system for robot manipulation learning. Across three policy backbones evaluated in the report, policies post-trained solely on HiFi-UMI data reached success rates comparable to policies post-trained on in-domain real-robot teleoperation data. NEW YORK, Aug. 20, 2026 /PRNewswire/ -- Simple AI has published the Tech Report for HiFi-UMI, a high-fidelity robot-free data-production system for robot manipulation learning, together with HiFi-UMI-2K,

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Manila Times Business

Purchase of Own Securities and Total Voting Rights

Octopus AIM VCT 2 plc Purchase of Own Securities and Total Voting Rights Octopus AIM VCT 2 plc (the ‘Company’) announces that on 20 August 2026 the Company purchased for cancellation 576,968 ordinary shares of 0.01p each at a price of 30.0572p per share. Following this transaction, the issued share capital and total voting rights of the Company will be 219,241,238 ordinary shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they

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Manila Times Business

Landsnet's Half-Year Financial Report for the period January- June 2026

Stable Operations and Ongoing Development of the Transmission System Landsnet’s operations were in line with expectations during the first half of the year, according to the company’s half-year financial results published today. Landsnet reported a profit of USD 20.1 million, equivalent to just under ISK 2.5 billion. Revenue amounted to USD 99.8 million, or just over ISK 12.3 billion. Development of the transmission system is a matter of national importance Ragna Árnadóttir, CEO of Landsnet, emp

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Manila Times Business

Federal Home Loan Bank of New York Awards $70.9 Million for 47 Affordable Housing Initiatives

-FHLBNY grants will help support the creation or preservation of more than 2,400 homes - NEW YORK, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Randolph C. Snook, president and CEO of the Federal Home Loan Bank of New York ("FHLBNY”), announced that the FHLBNY has awarded $70.9 million in grants through its Affordable Housing Program ("AHP”) to fund 47 affordable housing initiatives throughout New Jersey, New York, Puerto Rico, California, New Hampshire and Pennsylvania. These awards will result in the cre

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Manila Times Business

Federal Home Loan Bank of Indianapolis announces 2026 Community Spirit Award to Michigan lender for achievements in affordable housing

John Harpst, VP, Community Lending at Grand Rapids-based Lake Michigan Credit Union John Harpst, VP, Community Lending at Grand Rapids-based Lake Michigan Credit Union INDIANAPOLIS, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Today the Federal Home Loan Bank of Indianapolis ("FHLBank Indianapolis” or "Bank”) announced John Harpst, VP, Community Lending at Grand Rapids-based Lake Michigan Credit Union ("LMCU”), was awarded the 2026 Community Spirit Award honoring his exceptional contributions to affordable

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Manila Times Business

FASHION by Informa's Las Vegas Marketplace Delivers Dynamic Connections and Trend-Forward Collections for Spring/Summer 2027

LAS VEGAS, Aug. 20, 2026 (GLOBE NEWSWIRE) -- FASHION by Informa's Las Vegas Marketplace, including MAGIC, PROJECT, SOURCING and OFFPRICE, concluded last week with strong buyer engagement and meaningful connections between retailers and brands, while showcasing compelling trend directions for the upcoming season. MAGIC MAGIC by Informa showcased the future of fashion retail with a comprehensive approach to Spring/Summer 2027 trends and innovative business solutions. The Business Solutions Center

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Manila Times Business

NFWF Announces $1.2 Million for Pecos River Watershed Restoration and Native Species Recovery

Four grants generate $2.6 million in conservation impact to enhance grassland habitat, restore aquatic habitats and conserve desert fish species found nowhere else in the world WASHINGTON, D.C., Aug. 20, 2026 (GLOBE NEWSWIRE) -- The National Fish and Wildlife Foundation (NFWF) today announced nearly $1.2 million in grants to restore and sustain healthy rivers and streams, improve grassland ecosystems, and support the recovery of native aquatic species across the Pecos River watershed of southeas

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Manila Times Business

Richardson Electronics, Ltd. to Deliver Energy Storage Solutions to Remote Alaska Communities

Multi-million-dollar program includes an 18-system, 7 MWh deployment, demonstrating growing energy storage capabilities LAFOX, Ill., Aug. 20, 2026 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy and other power management applications, today announced that, in collaboration with its technology partners, it will deliver 18 customized battery energy storage systems (BESS) for deployment across seven remote communities

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Manila Times Business

Transactions by persons discharging managerial responsibilities and/or persons closely associated

COMPANY ANNOUNCEMENT NO 45/2026 - August 20, 2026 Royal Unibrew A/S hereby announces, pursuant to Article 19(3) of Regulation (EU) No 596/2014 on market abuse, the following transactions in shares of Royal Unibrew A/S carried out by persons discharging managerial responsibilities and/or persons closely associated with them. 1Details of the person discharging managerial responsibilities/person closely associateda)NamePeter Ruzicka2Reason for the notificationa)Position/statusChair of the Board of

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Manila Times Business

Final terms for mortgage-covered bonds (SDRO's) issued by Realkredit Danmark A/S

Realkredit Danmark will open new mortgage-coverd bonds (SDRO's). The new mortgage-covered bonds will be admitted to trading on Nasdaq Copenhagen. The new mortgage-covered bonds are covered by the "Base prospectus for mortgage-covered bonds and mortgage bonds issued by Realkredit Danmark A/S."​ The base prospectus is available on Realkredit Danmark's website at www.rd.dk/Investor. The final terms are hereby published. Please contact Hella Gebhardt Rønnebæk on tel. +45 45 13 20 68 if you have any

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Manila Times Business

LEPAS Expands Global NEV Footprint with Multi-Market Rollout in Q3 2026

WUHU, China, Aug. 20, 2026 (GLOBE NEWSWIRE) -- LEPAS, Chery Auto's all-new NEV brand, is expanding its global NEV footprint with a differentiated product portfolio built on its dedicated intelligent LEX Platform. Tailored to customer needs and regulatory requirements across different regions, LEPAS is advancing localized product deployment, vehicle tuning, and services. In the third quarter of 2026, multiple NEV models, including the LEPAS L8 PHEV, LEPAS L6 EV, LEPAS L6 PHEV, and LEPAS L4 EV, wi

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Manila Times Business

Three Kingdoms: Throne War Opens Pre-Registration Across Six Southeast Asian Markets Featuring Mark Lee as the Witty Alliance Lord

SINGAPORE - Media OutReach Newswire - 20 August 2026 - Three Kingdoms: Throne War, a brand-new Three Kingdoms strategy mobile game developed by BBGame and published by Wayelite Entertainment Tech Limited, a Hong Kong subsidiary of Wayi International Digital Entertainment Corporation, has officially launched pre-registration across six Southeast Asian markets including Singapore, Malaysia, Thailand, Vietnam, the Philippines, and Indonesia. The game is scheduled to launch in the regions soon. Thre

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Manila Times Business

Crypto News: Pepeto (PEPETO) Nears 50,000 Holders as Ethereum Price Eyes $10,000 and Shiba Inu's Story Repeats

DUBAI, United Arab Emirates, Aug. 20, 2026 (GLOBE NEWSWIRE) -- The crypto news everyone is sharing this week belongs to Pepeto (PEPETO), the DeFi project nearing 50,000 holders as its platform launch enters the final stretch. The timing could not be sharper, because the Ethereum price is outrunning Bitcoin in this recovery with $10,000 on the table, and Pepeto's early curve is drawing eyes across the market. Investors are following every stage closely as the project clears its final rounds befor

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Manila Times Business

Pixevety named exclusive Australian reseller of Finalsite's industry-leading school engagement platform

SYDNEY, Aug. 20, 2026 /PRNewswire/ -- Pixevety, Australia's leading school safeguarding media management solution, today announced it has been appointed the exclusive reseller of Finalsite's products in Australia, marking a significant milestone in bringing world-class school communication and engagement technology to Australian educators. The strategic partnership will give Australian schools long awaited access to Finalsite's award-winning school websites, mobile apps, marketing services, comm

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Manila Times Business

Manila pays tribute to 'Da King' Fernando Poe Jr. on birth anniversary

MANILA, Philippines — The Department of Tourism, Culture and Arts of Manila (Dtcam) paid tribute to the late Fernando Poe Jr. on his 87th birthday. Also known as the King of Philippine Movies, Poe died in 2004. He was posthumously conferred the title of National Artist for Film. "In his movies, it was not only the courage and kindness of a hero that was shown—he embodied the story of the ordinary Filipino. Many of his characters reflect...the strength of Manileños," the Dtcam

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Manila Times Business

cBrain returns to growth and expects more than 15% growth in H2 2026

Company Announcement no. 09/2026 cBrain returns to growth and expects more than 15% growth in H2 2026 Copenhagen, August 20, 2026 We have returned to growth "The first half of 2026 marked an important turning point for cBrain® (NASDAQ: CBRAIN). After a period of strategic investments and adding market segment focus, we have returned to growth and expect revenue growth of more than 15% in the second half of the year." During the first half of 2025 and the second half of 2025, cBrain reported that

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Manila Times Business

IRIS Optronics Pushes Infinity® Solar-Powered ChLCD E-Paper Technology to New Heights with 31.5-Inch Outdoor Display and Embedded Perovskite Indoor Solution

TAIPEI, Aug. 20, 2026 /PRNewswire/ -- IRIS Optronics, a leading developer of full-color Cholesteric Liquid Crystal Display (ChLCD) e-Paper, today announced significant advances in its Infinity® solar-powered ChLCD e-Paper series, including a 31.5-inch large-format outdoor commercial display, making it the only mass-producible product of its size currently available on the market. At the same time, the company has developed an embedded perovskite-powered ChLCD e-Paper solution for indoor display.

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Manila Times Business

Baidu's Apollo Go Goes Live on Uber in Dubai, Offering a New Way for Users to Hail Fully Driverless Rides

Baidu's fully driverless Apollo Go vehicles are now available to riders on the Uber platform in Dubai, the first market where this partnership comes to reality.Riders may be matched with an Apollo Go vehicle when booking Uber Comfort or UberX, or by selecting the "Autonomous" option in the Uber app.Dubai marks the first city where Apollo Go has established a dual model, offering both self-operated and partner-based autonomous ride-hailing services internationally.DUBAI, UAE, Aug. 20, 2026 /PRNew

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Manila Times Business

Shakira, Christina Aguilera concerts in Abu Dhabi canceled

DUBAI — Entertainment organizers have announced the cancellation of a UAE concert by US singer Christina Aguilera and a festival featuring Shakira in Abu Dhabi, amid the ongoing Middle East war. Iran has pressed attacks on Emirati ships in recent weeks, after a ceasefire fell apart last month. The United Arab Emirates on Tuesday said it is suspending all trade and financial dealings with Iran after reporting an Iranian missile attack directed at its ships. Against this backdrop, the organi

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Manila Times Business

New Crypto Pepeto Confirms a Bridge Upgrade While Bitcoin Price Explodes and 90% of the Presale Stage Is Already Gone

DUbai, UAE, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Pepeto (PEPETO) has confirmed fresh progress on a major upgrade to its cross-chain bridge, the update one of 2026's most followed new crypto projects was expected to drop. Many in the market now call it the meme coin of this cycle, and the timing could not sit better, because the Bitcoin price is exploding and the quiet phase that opens every bull run is playing out again. The current crypto presale stage has passed 90% of its allocation, and the upd

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