Philippines Business News

"BEYOND THE EXTREME" Digital Music Night Debuts at ICEBAR Stockholm

BEYOND THE EXTREME Digital Music Night Debuts_01.JPG The audience enjoy the music. BEYOND THE EXTREME Digital Music Night Debuts_02.JPG AI generated the realtime music captures. BEYOND THE EXTREME Digital Music Night Debuts_03.JPG The guests watching the e-sports show on the screen. STOCKHOLM, Sept. 11, 2026 (GLOBE NEWSWIRE) -- "BEYOND THE EXTREME - An Arctic Night of Digital Art & Electronic Music," hosted by Perfect World Digital Art, officially opened at ICEBAR by ICEHOTEL in Stockholm. Set i

States Logistics Distribution Center Coming to Las Vegas

States Logistics Announces Plans to Establish a Distribution Center in Las Vegas Buena Park, CA, Sept. 11, 2026 (GLOBE NEWSWIRE) -- States Logistics Services, Inc. today announced plans to establish a Las Vegas distribution center, extending its network across the Western United States. The move positions the company to serve one of the fastest growing logistics hubs in the region, with direct access to Southern California, Arizona, Utah, Nevada, and the broader Mountain West. States Logistics A

Saudi Arabia shuts key oil pipeline after Houthi’s drone attack - Reuters

UBS sees Chinese carmakers reach 37% globally by 2030

U.S. links Chinese satellite imagery to deadly Iranian strike - WSJ

Trump says he’s open to Chinese automakers building cars in the U.S.

How much more gold could central banks buy?

Why AfD victory raises fiscal and demographic questions for Germany

Arthaland cuts preferred share offer to P2.5 billion

Real estate developer Arthaland Corp. is reducing its upcoming preferred share offering to P2.5 billion and extending the offer period.

Australian-backed firm invests P3.3 billion in Batangas solar cell plant

Australian-backed renewable energy (RE) company Philippine Aurion Solar Technologies Inc. has invested over P3.34 billion in a solar cell manufacturing facility at the First Philippine Industrial Park (FPIP) in Sto. Tomas, Batangas.

‘BSP rate hike still possible’

Persistent risks from El Niño and volatile oil prices could keep further interest rate increases on the table despite easing inflation, although banks differ on whether the Bangko Sentral ng Pilipinas (BSP) needs to tighten policy again this year.

Earnings of DigiPlus seen recovering next year

Earnings of DigiPlus Interactive Corp. are expected to recover next year, supported by organic growth and contributions from the consolidation of International Entertainment Corp. (IEC) and overseas investments, Moody’s Ratings said.

Economic growth beyond Metro Manila

I met a woman who works at a salon in Pasig.

ERC orders price cap on Visayas and Mindanao spot power rates

Electricity spot rates in the Visayas and Mindanao could settle below P9 per kilowatt-hour from nearly P20 per kWh after regulators acted on what they described as “extraordinarily high” prices.

Honda Philippines hits 10 million motorcycle milestone

Honda Philippines Inc. (HPI) hit a milestone as it rolled out the 10-millionth motorcycle produced at its manufacturing facility in Batangas.

MUFG Manila starts universal banking operations

MUFG Bank Ltd.’s Manila branch began operating as a universal bank on Sept. 1 following an upgrade of its banking license approved by the Bangko Sentral ng Pilipinas (BSP).

Nickel Asia unit buys 20 percent of Kazakhstan copper mine

A unit of listed mining firm Nickel Asia Corp. (NAC) has completed the acquisition of a 20-percent stake in a Kazakhstani copper mine, as it broadens its mining portfolio amid the all-time high price for the mineral.

PNB Holdings may tap market for follow-on offer next year

PNB Holdings Corp. (PHC), the property arm of Lucio Tan’s Philippine National Bank, may tap investors through a follow-on offering as early as next year, provided market conditions improve and the fund raising coincides with the launch of a major project or acquisition.

PPA orders rehab of risk-prone ports

The Philippine Ports Authority (PPA) has committed to elevate the resilience capacity of ports by raising their ground levels and turning to sturdier materials to survive calamities.

Stocks fall on rising oil prices, record low peso

The local stock market tumbled amid concerns over rising oil prices, compounded by the peso plunging to a fresh record low.

The leadership aperture

There has been a quiet change in the meaning of leading.

CGTN: How BRICS creates new opportunities for Global South development

CGTN published an article examining how China's four global initiatives are aligning with BRICS cooperation to create new development opportunities for the Global South. The article highlights how the initiatives are helping the Global South pursue more inclusive development and gain a greater voice in global affairs. BEIJING, Sept. 11, 2026 /PRNewswire/ -- A solar power plant is bringing cleaner energy to remote communities. A digital industrial platform is connecting businesses across borders.

Kvika banki hf.: Transaction in relation to a share buy-back programme

In week 37 Kvika banki hf. („Kvika" or „the bank") purchased 3,000,000 of its own shares at the purchase price ISK 37,200,000. See further details below: DateTimeNo. of sharesShare pricePurchase price09.09.202615:21:27 1,000,000 12.48 12,475,00010.09.202614:44:52 1,000,000 12.48 12,475,00011.09.202610:13:27 1,000,000 12.25 12,250,000Total 3,000,000 37,200,000 The trade is in accordance with Kvika‘s buyback programme, announced on 3 July 2026, based on the authorisation of the bank’s Annual Gener

DOTr: 5 dead, 43 accounted for in MV June Aster incident

MANILA, Philippines — Ongoing search and retrieval operations are still looking for 84 passengers as well as MV June Aster crew members as five fatalities were confirmed while 43 individuals have been accounted for, according to the Department of Transportation (DOTr). DOTr Secretary Giovanni Lopez on Friday cited a manifest verification which indicated 117 ticketed passengers but only 115 boarded the ill-fated vessel along with 17 crew members. Declaring the fire at the vessel controlled