Philippines Business News

Padilla moved to tears upon seeing Duterte at ICC

MANILA, Philippines — Senator Robinhood Padilla said he was moved to tears when he saw President Rodrigo Duterte appear at the International Criminal Court (ICC) in The Hague on Wednesday. During an ambush interview at the Senate on September 17, Padilla said he was surprised upon seeing Duterte again after more than a year. “I was surprised—and tears of joy unexpectedly fell—when I saw him,” he said. Padilla said his happiness was tempered by concern over the forme

nexos.ai launches smart router, slashing AI coding costs by 60% with a novel benchmarking method

VILNIUS, Lithuania - September 17, 2026 - In 2026, the industry shift toward autonomous coding agents has triggered a "token paradox.” The per unit cost of intelligence has never been cheaper. However, the massive volume of background AI traffic has made AI spend the fastest-growing expense in engineering budgets. Addressing this, nexos.ai has launched its smart router, an intelligent routing capability that automatically matches engineering tasks to the most cost-effective AI models. It routes

Virtune Lists Virtune Hyperliquid ETP on the Warsaw Stock Exchange

Warsaw, September 17, 2026 - Virtune, the Swedish regulated crypto asset manager, today announces the listing of the Virtune Hyperliquid ETP on the Warsaw Stock Exchange (GPW), marking its eighth listing in Poland. Virtune is a Sweden-based digital asset manager and issuer of crypto exchange-traded products (ETPs) that has earned the trust of more than 160,000 investors across Europe. Since entering the Polish market in February 2026, Virtune has listed a total of eight crypto ETPs on the Warsaw

Perfecting the fold: How Samsung refined the Galaxy foldables

Eight years can change the way people see a piece of technology. What once seemed unfamiliar can become part of everyday life, and features that once felt remarkable can eventually become expectations. That progression is particularly evident in mobile phones. Among these developments, foldable technology introduced a new possibility for a smartphone that could change […]

US Fed raises rates to tackle 'too high' inflation, irking Trump

WASHINGTON, United States — The US Federal Reserve on Wednesday raised interest rates for the first time since 2023, defying President Donald Trump's demand for cuts, as central bank chief Kevin Warsh stressed the need to combat inflation that has been "too high" for "too long." The Fed's Federal Open Market Committee voted unanimously to raise rates by 25 basis points to between 3.75 and 4.00 percent. "The plain fact is that inflation is too high, and has been for too long," Warsh told a

WHO eyes 'encouraging' signs in DRC fight against Ebola

GENEVA, Switzerland — The Ebola epidemic in the Democratic Republic of the Congo is still spreading but appears to be showing "encouraging" signs of improvement, the head of the World Health Organization said on Wednesday. "We are starting to see encouraging signs that we're gaining ground," Tedros Adhanom Ghebreyesus told a news conference in Geneva. Since the DRC declared its 17th Ebola outbreak in mid-May, more than 3,500 deaths have been recorded from over 7,200 cases to date across se

Kymeta Kestrel u5 Terminal Achieves Full Rail Certification Ahead of European Rollout

Kymeta Kestrel u5 Kymeta's Kestrel u5 satellite terminal receives TÜV rail certification, paving way for European rollout to trains for high-speed connectivity. Kestrel u5 terminal receives full certification from TÜV, the EU’s official notified body for the rail industry SATCOM terminal declared fit for rail following rigorous testing of its ruggedized casing, rapid water shedding and high IP rating REDMOND, Wash., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Kymeta, the world-leading flat-panel satellit

Nokia accelerates network automation through agentic, unified data foundation with Microsoft

Nokia accelerates network automation through agentic, unified data foundation with Microsoft Multi-vendor, cross-domain solution integrates Nokia Data Suite with Microsoft Fabric.Faster access to trusted, unified data allows telecom providers to scale autonomous, AI-driven operations.Initial use cases focus on RAN optimization through autonomous VoNR assurance and geo-experience, which correlates subscriber, network and RF data.Collaboration enables intelligent, agent-based solutions across the

Last day to subscribe for AS Pro Kapital Grupp bonds is tomorrow

AS Pro Kapital Grupp reminds investors that investors in Estonia, Latvia and Lithuania can subscribe for the bonds of AS Pro Kapital Grupp until 18 September 2026 at 15:30 (Estonian local time). As part of the offer, Pro Kapital is offering bonds to retail and institutional investors in an aggregate amount of up to EUR 6 million, with the right to increase the issue up to EUR 10 million. The nominal value of one bond is EUR 1,000. The bonds carry a fixed interest rate of 8.3% per annum, payable

GXO and Exotec Partner To Advance Fashion Fulfillment For Guess In The Netherlands

A fully integrated Skypod® system processes up to 70,000 pieces per day, increasing throughput capacity and enabling GXO to scale operations for Guess across EMEA and Asia. WASQUEHAL, France and EINDHOVEN, Netherlands, Sept. 17, 2026 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, and Exotec, a global warehouse robotics provider, today announced the successful deployment of the Exotec Skypod® System at GXO's Venlo facility supportin

Velian Partners with AMPECO to Power a New Era of EV Charging in the Netherlands

Velian x AMPECO Velian Partners with AMPECO to Power a New Era of EV Charging in the Netherlands The Dutch operator runs one of the country's largest AC charging networks and finances it itself. It is consolidating onto AMPECO and taking direct control of its roaming, its connectivity, and its customer relationships. Dordrecht, The Netherlands - September 17, 2026 - Velian, which operates over 33,000 charge points across the Netherlands, has partnered with AMPECO to run a core and growing share

Daiwa House to Acquire a Significant Minority Stake in Miller Homes from Apollo Funds

Strategic investment by a global construction and real estate partner to support continued growth of leading UK housebuilder NEW YORK and OSAKA, Japan, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed funds ("Apollo Funds”) have agreed to sell an approximately 30% minority stake in Miller Homes ("Miller Homes” or the "Company”) to Daiwa House (TSE: 1925). Apollo Funds will remain the controlling shareholder in the Company. Established in 1934, Miller Home

DOE scraps coal bid, plans rebid in weeks as Semirara contract nears expiry

‘We’ll rebid in a few weeks. New rules, new bidding,’ Energy Secretary Sharon Garin tells Rappler as Semirara’s contract nears its July 2027 expiry

De La Salle University, GCash launch first-ever fintech engineering elective to develop the next generation of tech talent

De La Salle University and GCash are partnering to strengthen tech talent development.

China urges Iran to rein in Houthis after Saudi request - Reuters

DOLE job fairs place 2,467 applicants in jobs

The Department of Labor and Employment (DOLE) said 2,467 jobseekers were hired on the spot during nationwide job fairs held on September 14 as part of President Ferdinand R. Marcos Jr.’s “Handog ng Pangulo 2026” initiative. The job fairs were held across 86 sites nationwide, where 1,352 employers offered 157,097 local and overseas vacancies, DOLE […]

DOF seeks to triple sugary drinks tax

The Department of Finance said higher taxes on sugary drinks is not only a revenue collection policy, but also a health measure.

Bank of England keeps interest rates steady, hints at future hikes

US Federal Reserve raises interest rates in search of ‘timelier’ drop in inflation

WASHINGTON – The Federal Reserve raised interest rates on Wednesday and flagged more hikes in the coming months,…

Huawei chair says Chinese AI not yet advanced enough to face safety risks

Malnutrition costs PHL $8.5 billion yearly — World Bank advisor

Malnutrition costs the Philippine economy about $8.5 billion (P534.1 billion), equivalent to 3% of gross domestic product (GDP), each year, underscoring the economic case for greater investment in nutrition, according to a World Bank advisor. World Bank Senior Nutrition Advisor Cecilia Santos-Acuin said the cost of poor nutrition goes beyond individual health, affecting productivity, human […]

Fed takes hawkish turn after rate hike; BoE ahead - what’s moving markets

TMGM Strengthens Support for Para Sport Development in Vanuatu

SYDNEY, Sept. 17, 2026 /PRNewswire/ -- TMGM is strengthening its support for para sport in Vanuatu through a three-year partnership with the Vanuatu Paralympic Committee (VPC), supporting initiatives that expand participation and create development pathways for people with disabilities. The partnership was recently marked at the Vanuatu National Games para-sport awards ceremony on 9 September, where Prime Minister Jotham Napat joined the sporting community in recognising the achievements of part

Devexperts Brings US Equity Markets Access to Brokers in South Korea

SEOUL, South Korea, Sept. 17, 2026 /PRNewswire/ -- Devexperts, the global software developer for the capital markets, has announced that it is now delivering access to US equity markets for brokers in South Korea, via a single, turnkey solution complete with a front-end trading platform, integrated market data feeds, and full execution services. The solution is powered by Devexperts' flagship, off-the-shelf trading platform, DXtrade. It features an end-to-end US equities trading software stack,