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Philippines Business News

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4671 articles from Manila Times Business

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Manila Times Business

The career ladder reimagined

FOR decades, career progression followed a conventional storyline: start at the lowest rung, build tenure, climb the ladder one promotion at a time and — eventually — earn the title. Gen Z and millennial professionals, however, no longer follow this script and have since redefined work advancement. In the Philippines, the labor market helps give this a rationale. The younger Gen Z workforce is experiencing a drop in employment due to the surge of new labor force entrants. Beyond this

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Manila Times Business

Colliers: Pax Silica could boost PH property sector

THE United States-led Pax Silica initiative could open a new growth channel for the Philippines’ industrial property sector, but its payoff hinges on how the government tackles infrastructure, environmental and geopolitical hurdles, real estate consultancy Colliers Philippines said. Pax Silica, which groups 24 countries including the Philippines, aims to secure global supply chains for critical minerals, semiconductors and AI infrastructure while cutting economic reliance on China. It plan

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Manila Times Business

Written notice of the seller: Is it indispensable?

Dear PAO, I bought a portion of a parcel of land from someone who owned one-third (1/3) of it by virtue of an intestate succession from her deceased parents. Upon buying it, the entire property was surveyed and subdivided under a duly approved subdivision plan. Thereafter, the portion I purchased was segregated, and a Transfer Certificate of Title was issued in my name. Subsequently, I filed a verified complaint for recovery of possession with damages against the brother of the seller who curren

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Manila Times Business

DND reports progress in AFP modernization projects

SEVERAL modernization projects of the Armed Forces of the Philippines (AFP) have advanced and are in various stages of procurement, the Department of National Defense (DND) said. It cited programs covering land-based firepower, naval weapons, air defense, aviation support and military infrastructure. The DND's Procurement Monitoring Report for the first semester of 2026 showed that a number of high-value projects have reached milestones ranging from the issuance of notices of award to ongoing bi

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Manila Times Business

Group backs US bill vs China’s ‘gray zone’

A PROPOSED bipartisan United States Senate measure that aims to counter China's maritime gray-zone activities and could bolster international efforts to address the coercive tactics that the Philippines says it routinely encounters in the West Philippine Sea gained the support of an independent maritime transparency organization. The SeaLight Foundation, which monitors China's activities in the South China Sea, said it is prepared to support the proposed Countering Gray Zone Aggression by the Pe

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Manila Times Business

Mitsui to test nanotechnology for coconuts

THE Department of Agriculture (DA) on Sunday said that its attached agency, the Philippine Coconut Authority (PCA), has signed a partnership with Japanese firm Mitsui to test nanotechnology in coconut farming. The two parties signed an agreement on July 27 after eight months of negotiations. The deal entails the PCA and Mitsui to conduct two years of field trials to determine whether the technology can raise coconut yields and improve tree health under Philippine conditions. “This partners

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Manila Times Business

Suspect in Bulacan teacher’s slay surrenders

CAMP OLIVAS, City of San Fernando, Pampanga — The prompt and relentless investigation conducted by the Sta. Maria Municipal Police Station resulted in a significant development in the fatal shooting of a former barangay secretary and teacher, as the individual implicated in the case voluntarily surrendered to authorities on Saturday. Authorities said the suspect voluntarily surrendered at the Sta. Maria Municipal Police Station after learning that he had allegedly been identified by the vi

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Manila Times Business

China has potential to lead global humanoid robotics: Founder of EngineAI

GUANGZHOU, China, Aug. 1, 2026 /PRNewswire/ -- This is a news report from South: Guangdong has been rolling out the "Beacon Over Lingnan" video series across major online platforms since June 27. The fifth episode features a conversation with Zhao Tongyang, Founder & CEO of EngineAI Robotics Technology Co., Ltd. Can China build the world's next iconic humanoid robot? In this episode, Zhao Tongyang explains why bringing humanoid robots into homes is the industry's ultimate goal, why China must de

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Manila Times Business

Guangdong Museum shows China's floral patterns that predate luxury monograms by centuries

GUANGZHOU, China, Aug. 1, 2026 /PRNewswire/ -- This is a news report from South: The recent trademark dispute between Louis Vuitton and Chinese tea brand Molly Tea has sparked widespread discussion about floral motifs, brand identity and the origins of decorative design. Yet centuries before monograms became synonymous with luxury fashion, Chinese artisans were creating intricate geometric and floral patterns for architecture, furniture and lacquerware. A striking example is on display at the Gu

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Manila Times Business

GOKO to Showcase Award-Winning M6 and Preview 3-in-1 X5 at LLEE 2026

4WD robotic lawn mower and modular commercial machine to be demonstrated at Booth BA8 GOLD COAST, Australia, Aug. 02, 2026 (GLOBE NEWSWIRE) -- GOKO, the outdoor robotics brand under Robot++, will showcase the GOKO M6 robotic lawn mower and preview the GOKO X5 commercial remote-controlled mower at Lawn & Land Equip Expo 2026, held at Mudgeeraba Showgrounds on the Gold Coast. Visitors can meet the GOKO team at Booth BA8 from 9am to 3pm and see how the two machines address different lawn and proper

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Manila Times Business

Filipino doctors cite new medical review supporting tobacco harm reduction

MANILA, Philippines — Several Filipino medical professionals welcomed the findings of a new medical review on heated tobacco products (HTPs), saying they add to the growing body of evidence supporting tobacco harm reduction as a strategy to lower smoking-related health risks. The review, titled "Heated Tobacco Products: Current Evidence of Pulmonary Harm and Lung Cancer Risk," analyzed 26 studies published between January 2020 and June 2025 and found that users of heated tobacco products c

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Manila Times Business

Parts of Metro Manila, Cavite, and Rizal to have water interruptions this week

MANILA, Philippines — Some places in Metro Manila, Cavite and Rizal will have water interruptions this week because of maintenance works, Manila Water Company Inc. and Maynilad Water Services Inc. said on Sunday. In Quezon City, Manila Water said some locations in the villages of Vasra, Bagong Pag Asa, and Project 6 will have no water on August 3-4 between 9 p.m. and 6 a.m. because of interconnection work at North Avenue corner Elliptical Road. Some parts of Brgy. Santo Domingo and some ar

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Manila Times Business

Korean F&B Brand Reddog Posts 88% Revenue Growth, 143% Operating Profit Jump in H1 2026

Six-month group consolidated revenue reaches IDR 198.5 billion (approximately SG$14.3 million) — equal to 97% of full-year 2025 revenue — while operating profit rises 143% year on year Company in discussions with multiple Indonesian securities firms toward an Indonesia Stock Exchange listing targeted for early 2027 SINGAPORE, Aug. 1, 2026 /PRNewswire/ -- Reddog, the Korean street-food ("bunsik") brand that has brought tteokbokki and Korean-style corn dogs to Indonesian consumers, today reported

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Manila Times Business

South Korea records its highest-ever temperature of 42.5C

SEOUL — South Korea registered on Sunday its highest temperature since records began more than a century ago, according to the state weather agency. The southeastern city of Yangsan saw the temperature reach 42.5C at 1:26 p.m. (0426 GMT), the Korea Meteorological Administration said on its website. Yangsan has been the epicenter of the ongoing heatwave, where temperatures exceeded 40C for a fifth consecutive day on Sunday. Much of South Korea has been placed under heat warnings, with many

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Manila Times Business

Veteran entertainment columnist Jobert Sucaldito dies at 65

MANILA, Philippines — The Philippine entertainment industry is mourning the loss of veteran columnist, broadcaster and talent manager Jobert Sucaldito after his death was announced Sunday through the official Facebook page of the online program he co-hosted. He was 65. The announcement was made by OOTD Jobert and Chaps Channel, which shared the news in a statement addressed to its viewers and supporters. "Sa aming mga minamahal na manonood at tagasuporta, lubos po naming ipinapaalam na ang

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Manila Times Business

Sidlak Bagani boosts record-breaking IRONKIDS Lapu-Lapu cast

MANILA, Philippines — The RLC Residences IRONKIDS Lapu-Lapu is set to make history as it opens the IRONMAN 70.3 Lapu-Lapu race weekend on Aug. 8 with a record field of more than 600 young participants, underscoring the sport's growing popularity among Filipino youth and the host city's commitment to grassroots triathlon development. Organized by Sunrise Events, Inc., the swim-run event for children aged 6 to 15 has attracted its biggest turnout yet, drawing aspiring triathletes from Lapu-L

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Manila Times Business

Amit denies Centeno to stay unbeaten in Women’s 10-Ball World Championship

MANILA, Philippines — Rubilen Amit denied fellow Filipino world pool champion Chezka Centeno, 4-3, 2-4, 4-2, in the second round of the WPA Women’s 10-Ball World Championship in Rome, Italy Saturday. Getting back at Centeno who defeated her in the 8-ball worlds quarterfinals last week, Amit stayed on the winners side as she guns for a last 16 berth against Sofia Mast on Sunday. Centeno, who ruled the 8-ball world championships, got relegated to the losers bracket and needs three wins

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Manila Times Business

Lopez, 4 others win gold in Vietnam

MANILA, Philippines — Filipina Yani Alexii Lopez made another sampling of her grappling prowess under the most challenging circumstances, powering the Philippine team to a second-place finish in the 2026 United World Wrestling (UWW) Asian & Oceania Grappling Championships that took place in Danang, Vietnam recently. The 16-year-old Lopez who was forced to fight three divisions higher than what she used to be, proved she can do it just the same. “I am thrilled to bring another contine

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Manila Times Business

10th Aero Gymnastics Asian meet ready to go in Tagaytay

MANILA, Philippines — WITH two days to go, the Gymnastics of Association of the Philippines is primed and ready to step up for the 10th Aerobic Gymnastics Asian Championships presented by the Philippine Sports Commission starting Wednesday at the Tagaytay CT Veldrome in Tagaytay City “We set the bar high in staging last year’s world championships so we won’t be satisfied with nothing than matching if not surpassing that for this forthcoming competition,” stressed Gy

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Manila Times Business

Trump says he will order halt to Iran strikes after parameters reached for deal to end war

CAIRO — US President Donald Trump said in a Saturday evening social media post he will order American forces to hold off on new strikes against Iran, claiming Mideast allies had reached the parameters of a deal to end the five-month old war. The emerging deal “would include the Immediate, Complete, and Total OPENING OF THE HORMUZ STRAIT, and an end to Iran’s nuclear threat,” Trump wrote on Truth Social. “Based on this request, I have agreed, for the future benefit o

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Manila Times Business

ERC orders Meralco to refund P9.51 billion to customers

MANILA, Philippines — The Energy Regulatory Commission (ERC) has ordered Meralco to refund P9.51 billion to its customers for overrecoveries for the period of January 2025 to December 2025. In a decision released on Sunday, the ERC directed Meralco to refund the total amount of P9,506,566,556 or an equivalent average refund rate of P0.3448 per kilowatt-hour (kWh) for all customer classes. The refund scheme and implementation period shall be within 6 months, shorter than Meralco's proposed

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Manila Times Business

Brazil's Lula launches fourth term bid as Trump looms over campaign

SAO PAULO — At 80, President Lula on Sunday launches his bid for re-election, casting himself as a defender of Brazil's "sovereignty" as pressure from Donald Trump's administration casts a shadow over the campaign. Luiz Inacio Lula da Silva, a leftist titan of Latin American politics who is loved and despised in near-equal measure in Brazil, will launch his seventh bid for the presidency at a convention of his Worker's Party (PT) in Sao Paulo. The former metalworker and unionist made a dra

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Manila Times Business

'Sopranos' actor Vincent Pastore, known for playing mobsters and tough guys, dead at 80

NEW YORK — Vincent Pastore, a veteran actor who played mobsters and tough guys, and was best known for playing Salvatore “Big Pussy” Bonpensiero on “The Sopranos,” has died. He was 80. Bob McGowan, who had managed Pastore since his run on “The Sopranos,” told The Associated Press that he learned of his death Saturday from another client and actor on the show, Vincent Curatola. He said that he had been found in his home on New York’s City Island aft

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Manila Times Business

The Warriors re-sign guards De'Anthony Melton and Gary Payton II

SAN FRANCISCO — The Golden State Warriors re-signed free agent guards De'Anthony Melton and Gary Payton II on Saturday. The moves to retain Melton and Payton mean that the Warriors will have 10 of the 12 players who had the most playing time last season back under contract for the 2026-27 season. Golden State went 37-45 last season and missed the playoffs after losing to Phoenix in a play-in game. The 28-year-old Melton appeared in 49 games last season, averaging a career-high 12.3 points,

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