Philippines Business News

Dolly Parton's estate granted temporary restraining order against singer's nephew

NASHVILLE — A Tennessee judge granted Dolly Parton’s estate a temporary restraining order Wednesday against the late singer’s nephew Bryan Seaver and his private security company. She’s Alive, the entity founded to manage Parton’s estate, had filed the complaint against Seaver and Squadron Augmented Protection Services a day prior. The estate accused Seaver of threatening to commit violence and destroy his aunt’s legacy and business empire in court filings. Th

Elevar Therapeutics Announces FDA Approval of Lyrfigtu (Lirafugratinib) as Second-line Cholangiocarcinoma with FGFR2 Fusion or Other Rearrangement Treatment Option

Lyrfigtudemonstrateda confirmedORR of 46%andmDOR of11.8months,with a predictable and manageable safety profileCCA,alsoknownas bileductcancer,is diagnosedinabout8,000 people inthe U.S. each year FORT LEE, N.J., Sept. 23, 2026 (GLOBE NEWSWIRE) -- Elevar Therapeutics, Inc., a majority-owned subsidiary of HLB Co., Ltd. and a fully integrated biopharmaceutical company dedicated to elevating treatment experiences and outcomes for cancer patients, today announced the U.S. Food and Drug Administration (

Swarmer Signs MOU With Vectus Air Defense Systems for End-to-End Mobile Air Defense Systems

Vectus CEO Erik Prince confirms intent to purchase at least 40 Swarmer-built air defense systems in year one and 80 or more in year two following the start of production in Poland AUSTIN, Texas, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Swarmer, Inc ("Swarmer”) (NASDAQ: SWMR), a drone autonomy platform company that has supported more than 100,000 real-world combat missions in Ukraine since April 2024, today announced it has signed a nonbinding memorandum of understanding with Vectus Air Defense Systems

Ozari Health Named Best Place to Buy Compounded Tirzepatide Online for 2026

The New York telehealth platform's compounded tirzepatide program, priced at $125 per month all-in with two publicly named US-licensed 503A compounding pharmacies, leads a new MedicalResearch.com comparison of the best places to buy compounded tirzepatide online, judged on all-in pricing, named pharmacies, accreditation, and cancellation terms. New York, NY, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Ozari Health, a national telehealth platform for compounded GLP-1 treatment, announced today that it has

Aspen Group Announces Leadership Transition at United States University and Aspen University

Dr. Jennifer Billingsley Appointed President PHOENIX, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI”) (OTCQB: ASPU), an education technology holding company and the parent company of Aspen University (AU) and United States University (USU), announced today that Dr. Scott Burrus has resigned as President of USU and AU (the "Universities”), effective September 23, 2026. Dr. Jennifer Billingsley, DNP, FNP-BC, CNE, currently Provost and Chief Academic Officer of the Universities, has be

Alaris Equity Partners Announces Filing of Final Prospectus

NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. The final short form prospectus is accessible through SEDAR+ CALGARY, Alberta, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust ("Alaris" or the "Trust") (TSX: AD.UN) is pleased to announce today that it has filed, and obtained a receipt for, a final short form prospectus (the "Prospectus") in each of the provinces of Canada, other t

First Merchants Corporation Announces Pricing of Subordinated Notes Offering

MUNCIE, Ind., Sept. 23, 2026 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq: FRME) (the "Company”) today announced the pricing of its offering of $100 million of its 6.750% Fixed-to-Floating Rate Subordinated Notes due 2036 (the "Notes”) in a registered public offering (the "Offering”). The Notes will initially bear interest at 6.750% per annum from and including September 25, 2026 to, but excluding, October 1, 2031, with interest payable semiannually in arrears commencing on April 1, 2

Judge orders Trump to restore White House media access to banned outlets

S&P, ADB sharply downgrade Philippine growth outlook

By Katherine K. Chan, Reporter and Justine Irish D. Tabile, Senior Reporter S&P GLOBAL RATINGS and the Asian…

BTr eyes lower volume from potential RTB offer

By Aaron Michael C. Sy, Reporter THE GOVERNMENT is looking to raise less from its planned retail Treasury…

Diversification is ‘golden rule’ for Philippine energy security — IEA

By Sheldeen Joy Talavera, Reporter JAKARTA — The Philippines must focus on diversifying its energy sources and strengthening…

U.S., China agree to extend trade truce until January, Bessent says

IFC eyes P4.4-billion investment in Mynt IPO

THE International Finance Corp. (IFC), the private-sector arm of the World Bank Group, has disclosed a planned P4.4-billion…

Basic Energy breaks ground on 43.41-MW Cadiz solar project

BASIC ENERGY Corp. has started development of a 43.41-megawatt (MW) solar power project in Cadiz City, Negros Occidental,…

JFC to sell 11% Highlands Coffee stake for $88M

JOLLIBEE Foods Corp. (JFC) is selling an 11% stake in the holding company of Highlands Coffee to Vietnamese…

PAL to resume Manila-Dubai flights on Oct. 2

PHILIPPINE AIRLINES (PAL) will resume nonstop flights between Manila and Dubai on Oct. 2, initially operating four times…

Competitive pricing keeps PHL organizations’ cybersecurity costs low

THE AVERAGE COST of a data breach in Southeast Asia has climbed to $4.12 million, but competitive local…

SEC orders online lender to halt operations

THE Securities and Exchange Commission (SEC) has ordered CredLadder to stop its lending activities, citing findings that the…

Term deposit yield up for fifth week on hawkish Fed signals

THE BANGKO SENTRAL ng Pilipinas’ (BSP) term deposits were quoted at a slightly higher average yield on Wednesday…

Banks warn AI shopping bots raise scam, fraud and data-privacy risks

PARIS — Using artificial intelligence (AI) agents for online shopping could increase the risk of scams, fraud and…

Filipino folklore takes center stage in DreamWorks’ Forgotten Island film

LOS ANGELES — Oscar-winning R&B singer Gabriella Sarmiento Wilson, professionally known as H.E.R., was transported back to the…

JTI invests P2.1B in Batangas manufacturing facility

JAPAN Tobacco International (JTI) has invested about P2.1 billion in new tobacco-processing facilities at its manufacturing site in…

BSP tightens capital, prudential requirements for tech-driven small banks

By Katherine K. Chan, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) is requiring small banks with technology-driven models…

Beyond ghost projects: Can PPPs change how we pay for flood control?

By Maria Myren S. Solis Garcia BILLIONS OF PESOS have been spent on flood control projects (FCPs), yet…