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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

10033 articles across all sources

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Manila Times BusinessSep 17, 2026

Board Changes

Foresight Technology VCT plc LEI: 21380013CXOR8N6OD977 17 SEPTEMBER 2026 Board Changes In accordance with UKLR 6.4.6R, the Board of Foresight Technology VCT plc (the "Company”) is delighted to announce the appointment of Michael Gray as a non-executive director of the Company with effect from 17 September 2026. Michael has extensive experience in funds, banking and other capital markets. He was most recently the regional managing director, corporate banking for RBS International with responsibil

Manila Times BusinessSep 17, 2026

Huawei Pioneers a New Computing Architecture for the AI Era: Making One Million Processors Work as One Computer

SHANGHAI, CHINA - Media OutReach Newswire - 17 September 2026 - Huawei today announced the Peerium Computing Architecture, a new computing architecture for the AI era. The architecture enables processors at the million scale to work as one computer, meeting the ever-growing demand for AI compute. The Peerium Computing Architecture achieves strong scaling to the million-processor level through nested parallelism, unified memory addressing, and peer interconnect. It breaks through the Turing parad

Manila Times BusinessSep 17, 2026

You x You i Launches AI-Powered Website Audit Tool for E-Commerce Businesses

London, England, United Kingdom, September 17, 2026 /MarketersMEDIA/ -- London-based you x you i has released an automated website optimization service that provides e-commerce businesses with prioritized lists of site improvements. The platform conducts audits covering conversion elements, trust signals, brand clarity, search visibility and page speed, then delivers a single report with remediation steps written in plain language. The service requires users to paste a website URL and select the

Manila Times BusinessSep 17, 2026

DR Fuel Clean Inc Announces Nationwide Diesel Fuel Testing for Emergency Generators at Hospitals and Data Centers

Mail-in sampling is available across the United States, with on-site sampling, fuel polishing and tank cleaning focused on the East Coast. Baltimore, Maryland, September 17, 2026 -- DR Fuel Clean Inc launched its nationwide mail-in diesel fuel testing program on September 1, 2026, to make laboratory testing easier to order for hospitals, data centers and other facilities that rely on emergency generators. Diesel stored for months can appear clean while water, microbial growth, sludge and oxidati

Manila Times BusinessSep 17, 2026

Associa Celebrates Hispanic Heritage Month by Honoring Hispanic Leadership and Community Impact

Celebrating Heritage. Inspiring Leadership. Building Community. DALLAS, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Associa, the industry’s largest community management company, is celebrating Hispanic Heritage Month by recognizing the contributions, leadership and diverse experiences of Hispanic professionals who help strengthen the communities the company serves. With more than 2,000 Hispanic and Latino professionals across Associa, they represent an important part of the company’s workforce and leader

Manila Times BusinessSep 17, 2026

Merge4 Energy Introduces the First Physical AI Platform for the Grid

Solid-State Power Distribution Brings Real-Time Intelligence to Power Infrastructure to Meet Growing Energy Demand BOSTON, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Merge4 Energy (Merge4) today introduced the first physical AI platform for the electrical grid that can sense, learn, and act in real time. The scalable power distribution technology addresses a critical challenge in the load growth era by replacing traditional mechanical components with intelligent solid-state, 800VDC circuit protection. T

Manila Times BusinessSep 17, 2026

Media Advisory - HII Unmanned Facility Expansion Ribbon Cutting

POCASSET, Mass., Sept. 17, 2026 (GLOBE NEWSWIRE) -- WHAT: HII (NYSE: HII), a global leader in autonomous unmanned maritime systems, will host a ribbon-cutting ceremony celebrating the expansion of its unmanned maritime systems production facility in Pocasset, Massachusetts. The new 10,000-square-foot expansion will increase HII’s capacity to produce and support autonomous maritime systems for the U.S. Navy, allies and partners. The facility supports HII’s REMUS unmanned underwater vehicles, ROMU

Manila Times BusinessSep 17, 2026

Bassett Announces Third Quarter Conference Call

BASSETT, Va., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) today announced it will host a conference call with management on Thursday, October 1, 2026, at 9:00 a.m. ET to discuss its third quarter 2026 financial results. The Company plans to issue its earnings release after the market closes on Wednesday, September 30, 2026. Rob Spilman, Chairman and CEO will host the call, along with Mike Daniel, Senior Vice President and CFO. The public is invited to lis

BusinessWorldSep 17, 2026

BI enforces hold order vs Romualdez and his co-accused in plunder case

THE Bureau of Immigration (BI) has implemented a Sandiganbayan hold departure order (HDO) against former Speaker and incumbent Leyte Rep. Ferdinand Martin G. Romualdez and three co-accused in a P7.44-billion plunder case linked to alleged kickbacks from government projects. Mr. Romualdez and co-accused Felicito C. Guevarra remain in the Philippines, while fugitive former Party-list Rep. […]

BusinessWorldSep 17, 2026

Malacañang studying more localized class suspension rules

THE government is studying more localized rules for suspending and resuming classes to reduce unnecessary disruptions to learning, Malacañang said on Thursday, as nearly three-fourths of public schools have experienced class cancellations this school year. Palace Press Officer Clarissa A. Castro said the proposed framework was discussed during the 11th Economy and Development Council meeting […]

BusinessWorldSep 17, 2026

CoA flags billions of pesos in NIA accounting deficiencies

THE Commission on Audit (CoA) flagged a P31-billion mismatch in the National Irrigation Administration’s (NIA) property accounts and P22.8 billion in assets without supporting property records, alongside billions of pesos in deficient or nonoperational irrigation projects. State auditors found a P31-billion discrepancy between NIA’s general ledger balances and physical inventory reports, while P22.8 billion in […]

BusinessWorldSep 17, 2026

DFA: Israeli settlement plan threatens peace

ISRAEL’S ADVANCEMENT of its E1 settlement plan and rising settler violence in the West Bank threaten prospects for a Palestinian state and a broader Middle East peace settlement, the Department of Foreign Affairs (DFA) said on Thursday. The DFA called on all parties to refrain from actions that could undermine the possibility of establishing a […]

BusinessWorldSep 17, 2026

Dynasty bill timeline up to Congress

PHILIPPINE legislators may have other pressing matters to attend to before they can advance a long-stalled anti-political dynasty bill, the Palace said, after the Supreme Court ordered Congress to pass such a law. Palace Press Officer Clarissa A. Castro on Thursday reiterated that President Ferdinand R. Marcos, Jr. considers the measure one of his priority […]

BusinessWorldSep 17, 2026

P14-B budget cut may weaken labor programs, analyst says

THE proposed P14.1-billion cut in the budget of the Department of Labor and Employment (DoLE) and its attached agencies could diminish the government’s capacity to provide labor and employment programs, particularly worker training and labor inspection, a labor economist said on Thursday. “The cut in DoLE’s appropriations will absolutely diminish its capacity to provide labor […]

BusinessWorldSep 17, 2026

Roblox open to appointing PHL representative

ROBLOX, an online gaming platform, is open to appointing a qualified third party as their local representative, Senator Ana Theresia “Risa” N. Hontiveros-Baraquel said on Thursday. In a statement, Ms. Hontiveros said she met with Roblox amid discussions to strengthen the Anti-Online Sexual Abuse and Exploitation bill, or SAGIP Bata Act. Under the bill, online […]

BusinessWorldSep 17, 2026

DoJ: Padilla case separate from ICC

THE Department of Justice (DoJ) said the obstruction of justice complaint against Senator Robinhood “Robin” C. Padilla is separate from any proceedings before the International Criminal Court (ICC). “The complaint that is now before the panel is filed by our Philippine National Police. So it is independent of and separate from any possible case or […]

BusinessWorldSep 17, 2026

Montenegro bans EVs on board

MONTENEGRO Shipping Lines, Inc. has banned all electric and hybrid vehicles to board its vessels across all routes following safety concerns after a recent fire incident. “In view of the recent maritime accident, wherein the initial investigation indicates that the explosion may have originated from an electric vehicle (EV). Management has decided to implement an […]

BusinessWorldSep 17, 2026

Emirates, OWWA team up for OFW support

DUBAI-BASED carrier Emirates has signed a memorandum of agreement with Overseas Workers Welfare Administration (OWWA) to provide support and repatriation assistance for overseas Filipino workers (OFW). “This collaboration extends beyond travel to recognizing the dedication of Overseas Filipino Workers and offering meaningful support to them and their families. We look forward to a successful collaboration […]

BusinessWorldSep 17, 2026

NIA pressed over additional P186-B budget request

SENATORS on Thursday pressed the National Irrigation Administration’s (NIA) for its proposed P186.42-billion additional budget amid unfinished utilization of the agency’s budget under the 2026 General Appropriations Act (GAA). During a Senate Finance Committee hearing on the 2027 budget, Administrator Eduardo Eddie G. Guillen explained that under the latest National Expenditure Program, only P47.43-billion has […]

BusinessWorldSep 17, 2026

Macacua poised to stay at BARMM helm

COTABATO CITY — Local executives across the Bangsamoro region are certain that their chief minister, Abdulraof A. Macacua, will remain as the figurehead of the 80-seat parliament via nomination during the first session of newly elected lawmakers. Mr. Macacua, president of the Bangsamoro Federalist Party (BFP), is presently functioning as parliament member and chief minister […]

BusinessWorldSep 17, 2026

DAR to resume e-Title distribution on Monday

THE Department of Agrarian Reform (DAR) on Thursday said it will resume distribution of electronic titles (e-Titles) to landowners on Sept. 21 after a senator flagged a slowdown in its distribution. Senator Francis Pancratius “Kiko” N. Pangilinan observed that, in 2025, the DAR distributed approximately 180,000 e-Titles, a document enabling landowners to secure land tenure […]

BusinessWorldSep 17, 2026

BuCor denies drone escape plot involving South Korean inmate

THE Bureau of Corrections (BuCor) said drones are unlikely to facilitate escapes from its correctional facilities, which are designated no-fly zones and monitored by guards and closed-circuit television systems. “All our Operating Prison and Penal Farms are no-fly zones, and we have watchtowers manned 24/7 which immediately alert our guards if there will be attempts […]

BusinessWorldSep 17, 2026

Taiwan official floats potential semiconductor tie-ups with PHL

THE PHILIPPINES could play a key role in rounding out Taiwan’s semiconductor supply chain, resulting in a major boost to two-way trade, a Taiwan official said.

BusinessWorldSep 17, 2026

User-safety dispute with Meta delays DICT budget hearing

THE Department of Information and Communications Technology (DICT) said it supports the decision by the House of Representatives to defer hearings on the department’s budget over unresolved safety issues with Meta Platforms, Inc. “The DICT fully understands and takes heed of the position of the House of Representatives leadership regarding the deferment of the Department’s […]

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