Philippines Business News

IOC president impressed by 'beautiful' Asian Games wooden huts

NAGOYA, Japan — IOC president Kirsty Coventry called the shipping container-style huts for Asian Games athletes "beautiful" on Sunday -- but conceded they were "a little tighter" than similar accommodation at the Milan-Cortina Winter Olympics. Asia's biggest sporting spectacle, which opened on Saturday in the Japanese city of Nagoya, has split with past Games by having no traditional athletes' village. To save costs, the more than 17,000 Asian Games participants will stay in temporary huts

Arances, Caluya earn Elite honors; Ramoga, Lim shine in Damosa 5150

MANILA, Philippines – Edgie Arances and Anisha Caluya turned in standout performances to claim top honors in the Filipino Elite Category of the Damosa Land 5150 Triathlon on Sunday, emerging as the leading Filipino performers in the demanding Olympic-distance race here in Davao del Norte. Arances was particularly dominant, combining a strong swim, blistering bike leg and steady run to capture the Filipino Elite crown in two hours, 13 minutes and five seconds, beating Al-Rasheim Saggap (2:1

US fears rapid escalation in Mideast after Houthis attack Riyadh

RIYADH, Saudi Arabia — The United States warned Saturday that hostilities between Saudi Arabia and Iran-backed Houthis could "escalate rapidly" after a missile attack targeted Riyadh for the first time since the Yemen conflict resumed. US President Donald Trump cut short a weekend at Camp David, a secluded presidential complex in rural Maryland, to return unexpectedly to the White House on Saturday. The White House gave no explanation for the early return, which comes as a new threshold wa

Huawei Grid-Interactive AIDC Solution: Shaping the New Paradigm of AI Infrastructure

SHANGHAI, Sept. 20, 2026 /PRNewswire/ -- HUAWEI CONNECT 2026 kicked off in Shanghai, The HUAWEI AIDC Facility Summit was held alongside the event. Huawei unveiled its grid-interactive AIDC solution, setting a new paradigm for AI infrastructure to maximize tokens per watt. Hou Jinlong, Director of the Board of Huawei, President of Huawei Digital Power Hou Jinlong, Director of the Board of Huawei and President of Huawei Digital Power, delivered the opening speech at the summit. He shared four insi

BioShanghai Week 2026 Opens -- Joining Forces to Build a Global Biopharmaceutical Innovation Ecosystem

SHANGHAI, Sept. 20, 2026 /PRNewswire/ -- A news report from Yicai Global: On September 17, the BioShanghai Week 2026 opened at Zhangjiang Science Hall in Shanghai. Themed "AI for Biopharma, Health for All," this year's event brings together innovation resources from around the world to foster an open, collaborative innovation ecosystem for the biopharmaceutical industry. The opening ceremony marked the launch of the "Connect Globally: Shanghai-London Life Sciences Innovation Partnership." The ce

Eumir Marcial to skip Asian Games

MANILA, Philippines — Filipino Olympic boxer Eumir Marcial will sit out the 20th Asian Games in Nagoya, Japan, despite coming off a dominant third-round knockout victory against American Omar Huerta in San Diego, California. Following a joint decision with the Association of Boxing Alliances of the Philippines (ABAP), Marcial agreed to forgo his Asiad campaign to avoid a grueling travel schedule and rapid transition back to amateur competition. ABAP president Marcus Jarwin Manalo explained

Ateneo law student falls from building, dies

MANILA, Philippines — A freshman student of the Ateneo de Manila Law School died after he fell from the fourth floor of a condominium building in Taguig City. The Taguig City Police said that the incident took place at about 10 a.m. on Sept. 18, 2026. The 24-year old victim died on the spot. Taguig City Police chief Col. Julius Anoñuevo said they are investigating if the death is a case of suicide. Anoñuevo said that when police investigators arrived at the scene, they found

Saudi Arabia confirms Yemen's Houthi rebels tried to attack its capital with a ballistic missile

CAIRO, Egypt— Saudi Arabia on Saturday confirmed that Yemen’s Houthi rebels tried to attack its capital with a ballistic missile, the first targeting of Riyadh since the escalation in fighting with the Tehran-backed rebels that has opened a new front in the Iran war. The statement by the Saudi-led coalition fighting the Houthis came long after the dawn attempt, which the coalition said was intercepted. Some residents in Riyadh heard an explosion. Later, some saw a plume of smoke near the airport

Marcial scores 3rd round KO of Huerta

MANILA, Philippines — Eumir Marcial scored a third-round knockout victory against Omar Huerta in their middleweight bout at the Pechanga Arena in San Diego, California Sunday morning in Manila. The Filipino Olympic boxer unleashed a right counter hook to send the American pug to the canvas at the 1:54 mark of the third round. Huerta could not beat the 10-second count as the official declared the fight finished. Marcial thus stayed undefeated in the professional ranks with an 8-0 card laced

Google's Gemini AI carried out cyberattacks, guessed passwords

WASHINGTON, D.C. — Google's consumer AI model Gemini hacked multiple systems through guessing login credentials, the company told Agence France-Presse on Friday, the latest case of rogue AI cybersecurity transgressions, which have generated safety concerns. The hacks, first reported by the Wall Street Journal, took place in May and were discovered by Google in July. "In a standard evaluation, the model found public information online and guessed credentials to access websites it thought we

WATCH: Air quality in Cebu ‘acutely unhealthy’

Metro Cebu’s air quality almost reached emergency level early Sunday, with the Air Quality Index (AQI) peaking at 296 as haze from Indonesian wildfires continued to affect the region. The Environmental Management Bureau Central Visayas (EMB 7) recorded the peak reading at 1 a.m. Sunday, Sept. 20. The AQI remained in the ‘acutely unhealthy’ range of 201 to 300, just five points below the 301 threshold for the emergency classification. EMB 7 advised the public to limit outdoor ex

Israel's president pardons a combat medic whose shooting of a Palestinian attacker caused debate

JERUSALEM— Israel's president on Saturday pardoned the combat medic who shot dead at close range a badly wounded Palestinian attacker who had stabbed a soldier in the occupied West Bank, a case that divided the country a decade ago. Elor Azaria's conviction in 2017 for manslaughter and his release after serving two-thirds of his 18-month sentence drew enormous attention in Israel, where military service is compulsory for most Jewish men. In his first interview after his release, Azaria said that

Congo begins Ebola vaccinations for health workers in the epicenter of the outbreak

BUNIA, Congo — Congo on Saturday began vaccinating healthcare staff against Ebola in Bunia, the epicenter of the fastest-growing outbreak of the disease in history as they are “particularly exposed and deeply involved in the response,” the provincial governor said. Health workers and other front-line workers in the Ebola response are being prioritized to receive the Ervebo vaccine that was effective in past Ebola outbreaks caused by a different, more common type of virus. Clini

A state funeral in Hong Kong honors Tung Chee-hwa, the city's first post-colonial leader

HONG KONG — A state funeral was held Sunday for Hong Kong's first post-colonial leader, Tung Chee-hwa, who led the city through the initial years of its transition from British rule after it was returned to China in 1997. Chinese officials and Hong Kong political leaders attended the service, only the third state funeral in the former British colony since the 1997 handover. Tung, a shipping magnate who was the city's chief executive from 1997 to 2005, died Sept. 8 at the age of 89. He grap

Ed Sheeran says situation in Gaza is 'catastrophic and unjustifiable' as he opens concert

PHILADELPHIA — Ed Sheeran opened a concert Saturday with comments about Gaza after controversy swirled around his tour and supporting acts withdrew in solidarity with opener Macklemore, who was dropped after making pro-Palestinian comments onstage. Sheeran began the concert alone on stage with no opener, but was joined by other musicians later in the show. Sheeran said he wants his music and shows to be about unity and humanity, not politics. But he said the attacks in Israel of Oct. 7, 20

Cyber vigilance efforts ramp up as GCash IPO expected to draw first-time investors

The Cybercrime Investigation and Coordinating Center (CICC) is expected to play an important role in protecting first-time Filipino investors from cyber scams.

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US, China set for talks on AI, tariffs and critical minerals ahead of summit

Olight Unveils ArkTac Series and New ArkPro Ultra Colorway at O-Fan Day 2026

HOUSTON, Sept. 20, 2026 /PRNewswire/ -- Olight, a global innovator in portable lighting, unveiled the ArkTac Series at O-Fan Day 2026, bringing ArkPro's signature flat-body, multi-source design to tactical lighting for the first time. The company also introduced Amber Orange for ArkPro Ultra, alongside several new portable-lighting products. Launching during National Preparedness Month, the new releases reflect Olight's focus on helping users stay prepared, from fast response to everyday readine

Today's Weather, 5 A.M. | Sept. 20, 2026

Pagasa forecasts fair weather over much of Luzon, isolated rains

MANILA, Philippines —The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) forecast fair weather in a large part of Luzon on Sunday and isolated rainshowers. Pagasa Weather Specialist Aldczar Aurelio said in the 5 a.m. Public Weather Forecast that a weak southwest monsoon was affecting the western part of south Luzon. "We expect that the southwest monsoon will affect or continue to affect mostly the western section of southern Luzon and of the Visayas to

Silly Nice and stupidDOPE Launch "THE RECORD,” a Cannabis Justice Editorial Campaign Built to Move From Screens to the Streets of New York City

New York cannabis brand Silly Nice and independent media platform stupidDOPE are using data, journalism and provocative public-facing creative to confront the continuing human consequences of cannabis prohibition. THE RECORD: Cannabis Became Legal. The History Didn’t Disappear. A first look at THE RECORD, a cannabis justice awareness campaign from Silly Nice and stupidDOPE built around verified arrest data, sentencing statistics, and the lasting consequences of prohibition. The campaign is desig