Philippines Business News

Metro Manila, six other areas remain on red rainfall warning

MANILA, Philippines — Metro Manila and other areas in Central and Southern Luzon remains in red rainfall warning on Saturday, according to Pagasa (Philippine Atmospheric, Geophysical, and Astronomical Services Administration). The rainfall warnings are due to the southwest monsoon that is being intensified by Typhoon Dolphin which is near the coast of Taiwan. In its 5 pm bulletin, the Red rainfall warning level has been decleared for Metro Manila, Bataan, Zambales, Batangas(Lobo, Rosario,

Iran believes it has Trump cornered, but strategy carries risks

The Strait of Hormuz is, by some accounts, named for a Zoroastrian deity destined to emerge victorious after a 9,000-year standoff with an adversary. Iran's leaders feel their own victory is at hand and won't require the same epic patience. They are betting that military pressure will ultimately force the United States to accept their control over the crucial waterway for global energy — and that time is on their side. They know about the diminishing stockpiles of key U.S. weapons such as

SOUEAST S08 i-DM First Media Drive in Mexico Earns High Acclaim for Superior Comfort

Wuhu, Anhui, China, August 8, 2026 -- [Mexico City, Mexico, Aug 5, 2026] On August 5, SOUEAST held its first long-distance media test drive of the S08 i-DM in Mexico. More than 30 leading automotive media and KOLs took part and put the 7-Seat Urban SUV through its paces on the open road. Under the theme of “Home Beyond Home,” the test drive route took participants from downtown Mexico City to Valle de Bravo via the Mex A-7D highway, spanning more than 260km round trip. Through real-world driving

Don’t Trust the Process

Every summer, the NBA produces a shiny new superteam that sends fans racing to sportsbook apps and television executives scrambling to rewrite schedules. This year's winner? The Philadelphia 76ers. LeBron James is now in Philadelphia. Jaylen Brown has arrived. Tyrese Maxey is entering his prime. Joel Embiid looks slimmer, fitter and, according to social media, ready to "trust the process" all over again. The basketball world has responded the only way it knows how: by declaring the Sixers title

ROS, Phoenix dispute solo lead in Group B

MANILA, Philippines — Rain or Shine and Phoenix clash for the solo lead in Group B as action in the PBA Season 50 Governors’ Cup heats up on Sunday at the Ninoy Aquino Stadium. Both squads collide at 5:15 p.m. with the winner grabbing the solo lead at Group B in the standings as the positioning for the top 4 in the quarterfinals continues as well. The two protagonists enter the game carrying similar 4-2 records. The 7:30 p.m. main game features Barangay Ginebra and Blackwater. Phoeni

Regina, Saskatchewan hosts Canada’s only Track and Field championship for U16 and U18

2026 Legion Nationals Legion Nationals Ambassador Mike Trauner 2026 Legion Nationals 2026 competitors 2026 Legion Nationals Race action on the track OTTAWA, Aug. 08, 2026 (GLOBE NEWSWIRE) -- With Saskatchewan’s lieutenant governor firing the pistol to officially open the 48th annual Legion National Championships during the opening ceremonies, competition got underway on Friday August 6. Over 800 athletes from across Canada have gathered at Regina’s Canada Games Complex in Saskatchewan to compete

2,000+ Robots Abroad. 60+ Nations on Board. EXEED AiMOGA Going Farther, Growing Faster

WUHU, China, Aug. 08, 2026 (GLOBE NEWSWIRE) -- On the morning of July 30, EXEED AiMOGA Robotics held its global delivery ceremony under the theme "2000+ Robots Abroad. 60+ Nations on Board." in Wuhu, Anhui Province, China. At the event, the company announced that cumulative global deliveries had exceeded 2,000 units, with its products and services now reaching more than 60 countries and regions. The ceremony also featured a milestone lighting ceremony as well as the departure of shipment vehicle

Trump goes unmentioned but not ignored as Clinton, Bush, Obama write essays on presidents

WASHINGTON — When George W. Bush wrote an essay this year about another president named George, he avoided mentioning the one named Donald. So did Barack Obama and Bill Clinton. The three ex-presidents joined a roster of historians and authors in contributing to the In Pursuit project, a 250th-anniversary series that had each writer produce an essay about a president or first lady. Though the project was explicitly designed to transcend today’s politics, some of its essays neverthele

US slams Chinese actions in South China Sea

WASHINGTON — The United States on Saturday accused China of "destabilizing" activity near the disputed Scarborough Shoal in the South China Sea, saying it is using "dubious" environmental explanations to advance its territorial claims. Scarborough Shoal is a fish-rich reef formation 240 kilometers (124 miles) from the main Philippine island of Luzon and hundreds of kilometers away from mainland China. Both Beijing and Manila claim the flashpoint coral atoll. "The United States rejects Chin

Abante challenges recanting ‘Maleta Boys’ to name alleged masterminds

MANILA, Philippines — Impeachment endorser and House Human Rights Committee Chairman Bienvenido “Benny” Abante Jr. on Saturday challenged four recanting “Maleta Boys” to name and provide evidence against those they claim were behind the preparation of their earlier affidavits. “If the affidavit was fabricated, who fabricated? If scripted, who did the script? If there’s a mastermind, name them, prove it,” Abante said. The four former bodyguards of e

Austin Air Systems Launches Parent Teacher Toolkit to Help Schools Extend the Life of Classroom HEPA Air Purifiers and Support Cleaner Indoor Air

BUFFALO, NY, Aug. 08, 2026 (GLOBE NEWSWIRE) -- As schools across the United States evaluate what to do with classroom air purifiers purchased during the COVID-19 pandemic, many units are reportedly being placed in storage, resold, or discarded as budgets tighten and equipment ages. Austin Air Systems today announced the launch of its Parent Teacher Toolkit, an online resource designed to help parents, teachers, and school communities support cleaner classroom air while maximizing existing invest

DeFix Solutions Nears Completion of Round 1 in the First Seed Sale of GTX Token

Round 1 of the first seed phase is approaching completion at $0.000300 per GTX, with Founder and CEO Akili Polee currently in Bangkok, Thailand, attending an industry conference. BANGKOK, Thailand, Aug. 08, 2026 (GLOBE NEWSWIRE) -- DeFix Solutions, the technology company behind GWallet / USDT Global Wallet and the GTX Token ecosystem, announced that Round 1 of the first seed phase of the GTX Token presale is approaching completion. The presale officially opened on July 11, 2026, and the current

Probe urged to name ‘maleta boys’ handler

SEN. Erwin Tulfo said Saturday that the Office of the Ombudsman should find out who was behind the four “maleta boys” who recanted their allegations, saying the Senate Blue Ribbon Committee, which he heads, should not interfere to avoid duplicating the investigation. The four recanted their earlier allegations that they had delivered suitcases (maleta) filled with cash and flood control project kickbacks to top government officials, including President Ferdinand Marcos Jr., former Ho

‘Hostile’ witnesses up at impeachment trial

THE House prosecution is bracing for “hostile” witnesses in Vice President Sara Duterte’s impeachment trial this week, with prosecutor and Bicol Saro Rep. Terry Ridon expecting former special disbursing officers Gina Acosta and Eduard Fajarda to appear before the Senate impeachment court on Wednesday. “We’re expecting the hostile witnesses, such as Ms. Acosta and Mr. Fajarda, to be present there on Wednesday,” Ridon said at the Saturday News Forum in Quezon Ci

Eala outlasts McNally, moves into 4th round

PLAYING with a tweaked right ankle against the tough-fighting American Caty McNally, Filipino tennis ace Alexandra "Alex" Eala displayed tremendous grit to pull off a 6-3, 5-7, 6-4 win and enter the WTA 1000 National Bank Open fourth round (round of 16) at the Sobeys Stadium Centre Court in Toronto Saturday morning in Manila. Using a medical timeout after the fifth game in the second set, Eala could not close out McNally, who battled back from 2-3 and 4-5 game deficits to send the third-round ma

DOJ studies US request to extradite Quiboloy

THE Department of Justice (DOJ) has started evaluating the request for the extradition of detained religious leader Apollo Quiboloy from the United States, where he is on the Federal Bureau of Investigation’s (FBI) Most Wanted list for sex trafficking and child exploitation. Justice Secretary Fredderick Vida said the review will cover the Philippines’ extradition treaty with the US, relevant laws, Supreme Court rulings as well as Quiboloy’s pending local cases. “The first

Khan Marketing Dynasty Announces Launch of the 3-Hour Ascension System for Coaches, Creators, Consultants, and Online Experts

DUBAI, UAE, Aug. 08, 2026 (GLOBE NEWSWIRE) -- Khan Marketing Dynasty has announced the launch of the 3-Hour Ascension System, a new digital training program developed by entrepreneur and marketing strategist Dan Khan. The announcement introduces a structured framework designed to help coaches, creators, consultants, and online experts build an automated sales funnel that reduces dependence on traditional high-ticket sales calls while providing a more streamlined customer journey. $25M Award From

E.F. Hutton & Co. Acts as Exclusive Placement Agent for $5.0 Million Public Offering for iSpecimen

Transaction Marks E.F. Hutton's Third Capital Markets Engagement with iSpecimen Since December 2025 NEW YORK, Aug. 07, 2026 (GLOBE NEWSWIRE) -- E.F. Hutton & Co. ("E.F. Hutton”), a leading investment banking and financial advisory firm, today announced that it served as the exclusive placement agent in connection with the $5 million public offering for iSpecimen Inc. (Nasdaq: ISPC), an online global marketplace that connects researchers requiring biospecimens for medical research with a network

PCSO Lotto Results | August 8, 2026

Cashelix Announces Audited CASX Token Presale with Fixed Hard Caps to Power Blockchain P2P Payments

CASX introduces a structured crypto presale with predefined timelines, fixed round-specific hard caps, transparent tokenomics, and utility centered on the Cashelix P2P payment ecosystem. SINGAPORE, Aug. 08, 2026 (GLOBE NEWSWIRE) -- Cashelix, a blockchain-powered payment platform focused on peer-to-peer (P2P) transactions, today announced the CASX Token Presale, marking a major step toward the development of its utility-driven digital payment ecosystem. CASX is the native utility token of the Cas

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Pinoy kid savors 'Spider-Man' movie experience

The 7-year-old half-Filipino, a quarter-Burmese, and a quarter-Irish actor gets the chance to appear in a cameo role in the movie 'Spider-man: Brand new day, making him part of the Marvel Cinematic Universe (MCU).' After filming wrapped, Elvis' mother shared the milestone on social media, expressing her gratitude to director Destin Daniel Cretton, actor Tom Holland, and the entire production team for making their family feel welcome throughout the experience. Elvis' story, which The Manila Times