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Philippines Business News

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4670 articles from Manila Times Business

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Manila Times Business

Launch of share buy-back program of up to DKK 300m

COMPANY ANNOUNCEMENT NO 44/2026 - August 17, 2026 The Board of Directors of Royal Unibrew A/S has decided to initiate a share buy-back of up to DKK 300m. Objective The objective of the share buy-back is to adjust the capital structure of Royal Unibrew A/S. Authorization The share buy-back program is initiated within the authorization granted to the Board of Directors at the Annual General Meeting of the Company on April 30, 2024, to let the company acquire treasury shares equivalent to a total o

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Manila Times Business

Prosecution to press on with VP Duterte impeachment trial — Barbers

MANILA, Philippines – Members of the House prosecution team on Monday insisted they have no knowledge of any talks for a “trade-off” involving Vice President Sara Duterte’s resignation that will pave the way for her to run in the 2028 elections. House prosecution panel adviser and spokesperson, former Surigao del Norte Rep. Robert “Ace” Barbers, said that any purported political negotiations are outside the prosecution’s mandate. “Well, as far as t

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Manila Times Business

HCLTech report reveals telecom leaders identify AI as top revenue driver, but only 25% ready to scale

NEW YORK and NOIDA, India, Aug. 17, 2026 /PRNewswire/ -- HCLTech (NSE: HCLTECH) (BSE: HCLTECH), a leading global technology company, in partnership with Mobile World Live, a global telecom industry destination, today unveiled findings from its Telecom Pulse Survey Report, highlighting an execution gap between telecom leaders' AI ambitions and their readiness to deploy AI-native, autonomous and cloud native services at scale. Based on insights from nearly 200 senior executives across network oper

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Manila Times Business

Cocrystal Pharma Appoints Carol Brosgart, MD to its Board of Directors

BOTHELL, Wash., Aug. 17, 2026 (GLOBE NEWSWIRE) -- Cocrystal Pharma, Inc. (Nasdaq: COCP) ("Cocrystal" or the "Company"), a clinical-stage biotechnology company developing novel therapeutics to meet the growing global need for effective, safe antiviral treatments, today announced the appointment of Carol Brosgart, MD to its Board of Directors, effective August 12, 2026. Dr. Brosgart brings several decades of experience in antiviral therapy, epidemiology, and biopharma advisory. "Dr. Brosgart holds

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Manila Times Business

Thirteen CPAmerica Member Firms Recognized for Outstanding Workplace Culture in Accounting Today’s 2026 Best Firms to Work For

Accounting Today named ten CPAmerica firms as best firms to work for and three identified as honorable mentions. Gainesville, Florida, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Thirteen CPAmerica Member Firms Recognized for Outstanding Workplace Culture in Accounting Today’s 2026 Best Firms to Work For Gainesville, Fla. (August 17, 2026) - Accounting Today named ten CPAmerica firms as best firms to work for and three identified as honorable mentions. The annual survey and awards program, which is conduc

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Manila Times Business

AKC Canine Partners Unveils Refreshed Brand and Launches Photo Contest Celebrating Mixed-Breed Dogs

NEW YORK, Aug. 17, 2026 (GLOBE NEWSWIRE) -- The American Kennel Club (AKC®), a not-for-profit organization, the world's largest registry of purebred and mixed-breed dogs, and a leading advocate for dogs, is excited to announce that submissions are now open for the AKC Canine Partners™ Photo Contest, inviting owners of mixed-breed dogs from across the country to celebrate the unique bond they share with their canine companions. Whether your journey began with a puppy, an older dog, or an unexpect

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Manila Times Business

Interim Report H1 2026 - Profitable growth and market share gains

COMPANY ANNOUNCEMENT NO 43/2026 - August 17, 2026 Key Highlights H1 2026 Net revenue growth of 4% (underlying) and continued market share gainsGrowth lead by own brandsEBIT growth of 7% and 80bps margin expansion10.7% EPS growthCash flow for H1 2026 in line with our plans, supporting continued shareholder returnsFull‑year 2026 outlook reiteratedLars Jensen, CEO of Royal Unibrew, comments:"In the first half of 2026, we delivered a solid commercial performance across our markets, gaining market sh

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Manila Times Business

Coloplast A/S - Announcement no. 6/2026 - Coloplast announces changes to Executive Leadership Team

Coloplast announces changes to Executive Leadership Team Today, Coloplast announces two changes to the company’s Executive Leadership Team (ELT). The changes strengthen the leadership of Coloplast’s people & culture agenda and introduce a change to the Wound & Tissue Repair business setup. Coloplast appoints Amanda Rajkumar as Chief People Officer Effective September 1, Amanda Rajkumar will join Coloplast and the Executive Leadership Team as Chief People Officer. The appointment reflects Colopla

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Manila Times Business

Purple Heart Homes Launches Historic National Mall Veteran Home Build During America's 250th Anniversary

STATESVILLE, N.C., Aug. 17, 2026 (GLOBE NEWSWIRE) -- Purple Heart Homes (PHH), the veteran-founded nonprofit that has completed more than 1,800 projects for veterans nationwide, today announced the National Mall Veteran Home Build, a first-of-its-kind public construction event taking place Sept. 27 to Oct. 5 on the National Mall in Washington, D.C., as part of America's 250th anniversary celebration. Over seven days, in full public view, PHH will construct a fully accessible modular home before

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Manila Times Business

Unilog.SC CEO Osi Tagger Earns 2026 Women in Supply Chain Award by Supply & Demand Chain Executive

Recognition highlights Tagger's leadership in scaling Unilog.SC into a global 4PL orchestration provider built on empowerment-driven management and deep customer partnership LYNBROOK, N.Y., Aug. 17, 2026 (GLOBE NEWSWIRE) -- Unilog.SC, a global supply chain orchestration and execution company, today announced that CEO Osi Tagger has been named a winner in the Trailblazers category of Supply & Demand Chain Executive's (SDCE) 2026 Women in Supply Chain Awards, The Trailblazers category recognizes f

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Manila Times Business

Federal Home Loan Bank of Indianapolis opens Disaster Relief Program with $1 million in funds in response to Indiana state and federal disaster declarations

INDIANAPOLIS, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Today, the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis or Bank) announced the opening of the Disaster Relief Program with $1 million in available funding in response to state and federal disaster declarations following recent severe weather events across Indiana. FHLBank Indianapolis’s Disaster Relief Program (Disaster Relief) assists with recovery efforts related to severe storms and flooding that began on Aug. 11, 2026. Disaster

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Manila Times Business

Zealand Pharma - Transactions related to share buy-back program (week 33, 2026)

Company announcement No. 40 / 2026 Zealand Pharma - Transactions related to share buy-back program (week 33, 2026) Copenhagen, Denmark, August 17, 2026 - Zealand Pharma A/S ("the Company" or "Zealand Pharma”) (Nasdaq: ZEAL) (CVR-no. 20045078), a biotechnology company transforming the future of metabolic health, today reports transactions related to its share buy-back program (the "Program”) for week 33 (August 10 - August 14, 2026). The Program is carried out in accordance with Article 5 of Regu

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Manila Times Business

Baltic Horizon Fund publishes its NAV for July 2026

The net asset value (NAV) per unit of the Baltic Horizon Fund (the Fund) increased to EUR 0.4059 at the end of July 2026 (0.4039 as of 30 June 2026). The month-end total net asset value of the Fund increased to EUR 92.0 million (EUR 91.5 million as of 30 June 2026). In July 2026, the Fund generated consolidated net rental income of EUR 1.1 million (EUR 1.1 million in June 2026). At the end of July 2026, the Fund’s consolidated cash and cash equivalents amounted to EUR 8.0 million (30 June 2026:

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Manila Times Business

Water Purifier Rental in Pune Moves Toward Service Specialists like Rentomojo in 2026 - ₹417/Month In-House Units Backed by 1,688 Technicians and Six-Month Free Filter Replacement

Rentomojo installs, services and repairs its own RO, RO+UV and alkaline units in Pune through a directly employed field team rather than third-party contractors, with installation completed in around two days and repair cover running the length of the subscription. Water Purifier Rental in Pune Moves Toward Service Specialists like Rentomojo in 2026 Rent Water Purifier in Pune - RO, UV & Alkaline OptionsRentomojo's water purifier on rent in Pune is available in RO, UV, and RO+UV filtration model

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Manila Times Business

Senate suspends work Monday

MANILA, Philippines — The Senate suspended its work starting at 4 p.m, Monday, amid continued heavy rains associated with the southwest monsoon or habagat. In an advisory, Senate Secretary Renato Bantug said Senate President Sherwin Gatchalian ordered the suspension of work in view of Memorandum Circular No. 127 issued by the Office of the President and the red rainfall warning issued for Metro Manila. "Senate President Sherwin Gatchalian has authorized employees to leave the office beginn

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Manila Times Business

Marikina suspends Tuesday F2F, online classes; river reaches 2nd alarm

MANILA, Philippines — Marikina suspended Tuesday's face-to-face (F2F) and online classes as rain. "Because the Marikina River already reached the 1ST ALARM (15 meters) as of 12:40PM, FACE-TO-FACE and ONLINE CLASSES at ALL LEVELS in public and private schools in the City of Marikina are SUSPENDED TOMORROW, August 18, 2026," Mayor Maan Teodoro said on Facebook. The river's water level reached 16.8 meters at 2:52 p.m., the city's Public Information Office said on Facebook.

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Manila Times Business

CoolFly Launches Urban Standing-Position Personal Aircraft

The launch also featured the Dream series, the proprietary NA80 flight control system, new strategic partnerships, and live flight demonstrations in Hangzhou. LAS VEGAS, Aug. 17, 2026 /PRNewswire/ -- CoolFly, a developer of personal electric aircraft and eVTOL platforms, officially launched Urban, its standing-position personal aircraft, during the CoolFly Global Product Launch held on Aug. 13 in Hangzhou, China. Under the theme "This Time, It Really Flies," the event also introduced the Dream s

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Manila Times Business

MALAYSIA'S PATIENT CARE MODEL PRESENTED TO INTERNATIONAL HEALTH AUTHORITIES IN BEIJING

BEIJING, Aug. 17, 2026 /PRNewswire/ -- Malaysia Healthcare Travel Council (MHTC) was invited by the International Health Exchange and Cooperation Center (IHECC), an institution under the National Health Commission of the People's Republic of China, to speak at the Seminar on High-Quality Development of International Medical Services and the 8th Belt and Road Medical Assistance Conference (MASSCON 2026). This marks the first time Malaysia has been invited to participate as a speaker at this prest

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Manila Times Business

The GXS Credit Card is Singapore's highest unlimited cashback credit card and one of the best for Grab and Singtel customers

Offering up to 10 per cent cashback in GrabCoins for Grab and 1.75 per cent cashback on Singtel payments and everyday spending SINGAPORE, Aug. 17, 2026 /PRNewswire/ -- Earning cashback just got even simpler for consumers in Singapore with the launch of the GXS Credit Card. Customers can earn up to 10 per cent instant cashback in GrabCoins on all Grab spending, with higher cashback rates unlocked as monthly Grab spending increases, making it one of the best credit cards in the market for Grab use

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Manila Times Business

Red rainfall warning up in more areas

MANILA, Philippines — The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) on Monday issued a red rainfall warning for Metro Manila and other areas. In its Heavy Rainfall Warning 7 issued at 2 p.m. on Monday, Pagasa raised a red warning over Metro Manila; Bataan; parts of Zambales (Subic, Olongapo, San Antonio, Castillejos); parts of Pampanga (Floridablanca, Lubao, Sasmuan, Macabebe, Masantol); parts of Bulacan (Obando, Bulakan, Malolos, Meycauayan, Hag

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Manila Times Business

GLOBAL POWER SOLUTIONS ADVANCES MODULAR HYDROGEN POWER SYSTEM WITH PROPOSED FIRST EQUIPMENT PURCHASE

Vancouver, British Columbia, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Global Power Solutions Corp. (TSXV: PWER) (FSE: NJA) ("Global” or the "Company”) is pleased to announce that it intends to make its first equipment purchase in connection with the development and testing of the Company’s proposed modular hydrogen power system (the "Modular H2 Power System”). The proposed purchase consists of the driver intended to perform the power-generation function within the Modular H2 Power System. The equipment

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Manila Times Business

Türkiye launches pioneering project to protect WWI wrecks in the Dardanelles

Credit: Alex Dawson Photography ÇANAKKALE, Türkiye, Aug. 17, 2026 (GLOBE NEWSWIRE) -- A pioneering conservation initiative has been launched to protect the historic World War I shipwrecks of the Dardanelles Strait through cathodic protection, preserving them for future generations while supporting sustainable diving tourism. The Deep Heritage Project, carried out in partnership between the Directorate of Gallipoli Historic Site and the 1915 Çanakkale Bridge and Motorway, aims to safeguard one of

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Manila Times Business

Cone says June Mar ‘plucked out’ of retirement, to play in FIBA window

MANILA, Philippines — June Mar Fajardo is set to play his final games for Gilas Pilipinas when the national squad plays two home games against Jordan and Iran in the FIBA World Cup 2027 Asian Qualifiers second round on Aug 28 and 30 at the SM Mall of Asia Arena. Gilas coach Tim Cone said over the weekend that the nine-time PBA Most Valuable Player already indicated retiring from Gilas duties, but they asked him to play once again, at least for the coming FIBA window. “June Mar wants

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Manila Times Business

Share buyback programme - week 33

Nasdaq Copenhagen Euronext Dublin London Stock Exchange Danish Financial Supervisory Authority Other stakeholders Date 17 August 2026 Share buyback programme - week 33 The share buyback programme runs in the period 10 August 2026 up to and including 9 October 2026, see company announcement of 7 August 2026. During the period the bank will thus buy back its own shares for a total of up to DKK 400 million under the programme, but to a maximum of 500,000 shares. The programme is implemented in comp

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