Philippines Business News

PHL hopeful for positive response from US on forced-labor talks

MANILA is hopeful for a positive response from Washington as negotiations continue over the 12.5% US tariff imposed on Philippine exports due to concerns over goods allegedly tied to forced labor imports. At a news briefing ahead of the upcoming 58th ASEAN Economic Ministers’ Meeting held on Friday, Trade Undersecretary Allan B. Gepty said the […]

Jura Energy Corporation Provides Clarification Regarding Media Reports Concerning Its Petroleum Rights in Pakistan

CALGARY, Alberta, Sept. 18, 2026 (GLOBE NEWSWIRE) -- Jura Energy Corporation ("Jura” or the "Company”) provides clarification regarding a news article published by a Pakistani newspaper, Dawn, on September 13, 2026, which reported the possible revocation of petroleum rights held by the Company’s subsidiaries, Spud Energy Pty Limited ("SEPL”) and Frontier Holdings Limited ("FHL”), in Pakistan. According to the media report, the Petroleum Division of the Government of Pakistan has reportedly sough

Chairman’s Address to the Scheme Meeting

TORONTO and PERTH, Western Australia, Sept. 18, 2026 (GLOBE NEWSWIRE) -- Cygnus Metals Limited (ASX:CY5; TSXV:CYG; OTCQB:CYGGF) (Cygnus) refers to the proposed transaction under which Central Asia Metals PLC (AIM:CAML) will acquire 100% of the shares in Cygnus pursuant to a scheme of arrangement under Part 5.1 of the Corporations Act 2001 (Cth) (Scheme). Capitalised terms in this announcement that are not otherwise defined have the meanings given to them in the Scheme Booklet dated 13 August 202

AlphaLum Appoints AR Display Pioneer Antti Sunnari to Board of Directors and Welcomes Former Meta Optics Leader Barry Silverstein as Advisor

LAUSANNE, Switzerland, Sept. 18, 2026 (GLOBE NEWSWIRE) -- AlphaLum, the Swiss deep-tech company building a human-AI interface platform for eyewear, today announced the appointment of Antti Sunnari to its Board of Directors and Barry Silverstein as an Advisor to the Board. Both bring decades of leadership in AR optics and near-eye display technology as AlphaLum scales its holographic display and low-power micromotion sensing platform toward volume production. Antti Sunnari is Co-founder and CEO o

New Final Bond Terms for Nykredit Realkredit A/S's Base Prospectus - Nykredit Realkredit A/S

18. September 2026 New Final Bond Terms for Nykredit Realkredit A/S's Base Prospectus dated 8 May 2026 In connection with the opening of new ISINs under Nykredit Realkredit A/S's Base Prospectus dated 8 May 2026, Nykredit issues new Final Bond Terms. The Final Bond Terms for series 01E, 13H, 32G and 32H are stated below. Nykredit Realkredit A/S's Base Prospectus dated 8 May 2026 and the relevant Final Bond Terms are available for download in Danish and English. In the event of discrepancies betw

VIOMI Philippines unveils global smart water filter innovations for Filipino homes and businesses

Global AI water technology brand VIOMI Philippines introduces its first three smart water filter models designed to provide Filipino households and businesses with advanced filtration technology, intelligent features, and a more convenient drinking water experience. During the VIOMI Philippines Founding Partner Dinner, Mr. Khelvin P. Cruz presented the brand’s initial product lineup featuring the VIOMI […]

World Cities Turn to AI: Vinhomes Green Paradise - Can Gio Builds the Answer with WCCD Interim Custom ISO 37122 Smart City Certification

CAN GIO, VIETNAM - Media OutReach Newswire - 18 September 2026 - Vinhomes, Vietnam's leading developer of large-scale integrated urban complexes, has reached an important milestone: its Vinhomes Green Paradise - Can Gio project has been awarded the Interim Custom ISO 37122 Smart City Certification by the World Council on City Data (WCCD). The certification positions the project to become the first mega urban development in Vietnam to pursue internationally recognized smart city status, reinforci

Taiwan Excellence Pavilion 2026 brings innovation and business opportunities to Manila

Taiwan’s latest innovations are taking center stage in Manila as the Taiwan Excellence Pavilion opens during Taiwan Expo 2026, running from Sept. 17 to 19 at the SMX Convention Center in Pasay City. Carrying the campaign “Empowering a Smarter Future,” the Taiwan Excellence Pavilion brings together 50 Taiwan Excellence-awarded products from 24 top Taiwanese brands across four key categories: Intelligent […]

Puregold marks 28 years of retail growth, gives back to loyal customers

Marking 28 years of sustained retail growth and market leadership, leading supermarket chain Puregold Price Club, Inc. is launching a grand anniversary celebration this September, giving away exciting rewards designed to make every loyal customer feel valued. Puregold’s anniversary celebration rollout comes as it marks a 3.7% year-on-year sales growth in the first half of […]

Pax Silica could boost Taiwan-Philippines tech ties, Taiwan trade chief says

James Huang, chairman of the Taiwan External Trade Development Council, said Taiwanese companies could become partners in efforts to develop an artificial intelligence hub in the Philippines.

Has long-term dollar strength arrived? Standard Chartered weighs in.

KGOC Sportsfest The Finale 2026: Seven years of unity, strength, and care for employees

The Kryzl Group of Companies (KGOC) successfully held “KGOC Sportsfest The Finale 2026,” marking the colorful conclusion of its annual sports competition for employees. For seven years, KGOC has continued to organize the Sportsfest as part of its commitment to employee welfare. The event provides employees with an opportunity to take a break from their […]

Saudi Aramco halts crude oil supply to European customers

Diesel prices could jump by P10 per liter next week

A P10 per liter increase on diesel products may take effect next week.

Smart's new app gives users access to transaction services, deals

Mobile services provider Smart Communications Inc. (Smart) and its value mobile brand TNT on Friday launched its latest app that provides loading, bill payments and daily transaction services to users.

Saudi Aramco to lift Gulf exports to 60 million in September and October - Reuters

GCash IPO seen to boost Philippine capital market

The scheduled initial public offering (IPO) of GCash parent Mynt Inc. could give the Philippine capital market a significant boost by potentially bringing millions of Filipinos who already use digital financial services closer to stock-market investing, a lawmaker said.

LPA hits Palawan, affects Visayas and other areas amid storm Dujuan

A low pressure area (LPA) is affecting Palawan and causing thunderstorms in seven areas, posing a risk of flash floods and landslides amid the continued presence of severe tropical storm Dujuan, the state weather bureau said on Friday. “The LPA was located over Dumaran, Palawan and is currently traversing Palawan,” Leanne Loreto, weather specialist of […]

UBS flips BoE call, sees rate hikes to 4.25% in November and February 2027

Buying the dip: In search of the PSEi’s elusive inflection point

The stock market and the economy are now at the inflection point where investors can find high-quality stocks that operate as natural hedges against a weakening peso

BOJ hikes rates; Huang on Nvidia chip sales - what’s moving markets

Meritage Initiates Voluntary Chapter 11 Process to Strengthen Its Balance Sheet and Position the Company for Long-Term Success

GRAND RAPIDS, Mich., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU) ("Meritage" or the "Company"), one of the nation’s largest restaurant operators, today announced that it has voluntarily filed petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Western District of Michigan (the "Court"). The Company took this step to strengthen its balance sheet and establish a sustainable capital structure t

Orion180 Insurance Group Inc. Announces Pricing of Initial Public Offering

MELBOURNE, Fla., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Orion180 Insurance Group Inc. ("Orion180"), a leading provider of flexible, customer-centric homeowners and flood insurance solutions, today announced the pricing of its initial public offering of 20,000,000 shares of its Class A common stock, at an initial public offering price of $12.00 per share. In addition, Orion180 has granted the underwriters a 30-day option to purchase up to an additional 3,000,000 shares of Class A common stock at the

MSI Named One of America's Most Admired Workplaces for 2027 by Newsweek

ORANGE, Calif., Sept. 17, 2026 (GLOBE NEWSWIRE) -- M S International, Inc. (MSI), the leading supplier of flooring, countertops, wall tile, and hardscaping products in North America, is honored to be named by Newsweek as one of America's Most Admired Workplaces for 2027. The recognition honors organizations that stand out for workplace satisfaction, employee engagement, and employer excellence. For MSI, the distinction reflects the company’s continued commitment to fostering a collaborative cult