Philippines Business News

BPOs to pitch for GCC business to support $50.5-B revenue goal

THE IT and Business Process Association of the Philippines (IBPAP) said it launched with industry partners a coalition that will invite foreign companies to locate their global capability centers (GCCs) in the Philippines. In a statement, it said the collaborative effort is expected to help the IBPAP reach its “best-case” forecast of $50.5 billion in […]

More European firms indicate interest in expanding Philippine operations, survey shows

MORE European Union (EU) firms expressed interest in expanding their Philippine operations this year, though the 43% share of such firms underperformed relative to Southeast Asia, according to a survey conducted by the EU-ASEAN Business Council (EU-ABC). The EU-ABC said its 12th Business Sentiment Survey found that the companies signaling their Philippine expansion plans surpassed […]

Australian institutional investors explore PHL energy, infrastructure opportunities

AN AUSTRALIAN delegation of institutional investors is visiting the Philippines to discuss energy and infrastructure projects, the Australian embassy said. In a statement issued to mark the 80th year of diplomatic ties between the two countries, the embassy said the institutional investors, with A$1.4 trillion in assets under management, will be in the Philippines until […]

Green-lane system claims processing time for permits cut to little over a week

THE Board of Investments (BoI) said the permit processing time for green lane-eligible projects has been reduced to 7.67 days, from 19.12 days previously. The BoI said in a statement Tuesday that the average was taken from 122 projects deemed sufficiently strategic to qualify for expedited permit processing. At the end of August, green lane-eligible […]

Biomass auction set for 4th quarter, DoE says

THE Department of Energy (DoE) hopes to conduct the sixth round of the green energy auction (GEA-6), which is dedicated solely to biomass projects, in the fourth quarter. “The auction proper will take place in the fourth quarter of 2026,” Energy Undersecretary Rowena Cristina L. Guevara told reporters on Monday. Ms. Guevara said the DoE […]

JICA technical aid to boost PHL bridge, tunnel-building capacity

THE Department of Public Works and Highways (DPWH) and the Japan International Cooperation Agency (JICA) signed a technical cooperation agreement to boost Philippine capacity for carrying out bridge replacement and rehabilitation as well as for building road tunnels. In a statement, the two sides formalized the implementation of three technical cooperation projects to help address […]

PHL AI masterplan targets investments of $34.4B

THE Department of Information and Communications Technology (DICT) said its AI+ Infrastructure Masterplan (PAIIM) set an investment target of $34.4 billion until 2033, boosted by plans by at least two US hyperscalers to start setting up 400-megawatt (MW) data centers as early as next year. “By leveraging the country’s strategic location, strong talent base, and […]

Philguarantee provides cover for P2.41B worth of cooperative loans

THE Philippine Guarantee Corp. (Philguarantee) has said it backed P2.41 billion worth of outstanding guaranteed loans for cooperatives as of the end of June. This benefited 24,386 individuals, the state-owned corporation said in a statement Tuesday. “As a key partner in development financing, Philguarantee empowers cooperatives to expand their lending capacity and provide financing support […]

As peso lingers at record-low P62, what does it mean for Filipinos?

The Philippine peso has never been this weak. Here's how that could affect everything from fuel prices to remittances.

Canada 10-year yield rises as oil surge fuels inflation worries

Sensors Data Successfully Hosts Sensors AI Salon in Hong Kong, Exploring AI Growth Team Practices with Industry Decision-Makers

HONG KONG, Sept. 8, 2026 /PRNewswire/ -- On September 4, 2026, Sensors Data successfully hosted the closed-door salon "Sensors AI Salon • Hong Kong" at the International Finance Centre (IFC), Central, Hong Kong. Under the theme "The Future of Enterprise Growth: Building Your AI Growth Team", the salon brought together enterprise decision-makers and senior executives from aviation, banking & finance, hospitality, premium retail, property development, and utilities to explore practical paths of en

ISWA Features SUS ENVIRONMENT's Biodiversity Conservation Practices

SHANGHAI, Sept. 8, 2026 /PRNewswire/ -- The International Solid Waste Association (ISWA) has published a guest blog featuring SUS ENVIRONMENT's biodiversity conservation practices, highlighting how the company is integrating biodiversity considerations into environmental management, project lifecycle management and ecological restoration. Titled "Nature Positive × SUS: From Tapirs to Mangroves," the article connects global biodiversity goals with SUS ENVIRONMENT's practices across different proj

BIGBANG 2026-2027 WORLD TOUR IN HONG KONG Officially Announced

HONG KONG, Sept. 8, 2026 /PRNewswire/ -- Recently, the long-awaited BIGBANG 2026-2027 WORLD TOUR IN HONG KONG has been officially announced. Jointly organized by TME live and ELF ASIA, the legendary BIGBANG Tour in Hong Kong will be held at the Kai Tak Stadium from November 13th to 15th, 2026, an extravaganza of three nights in a row dedicated to its fans, during which the golden crowns will be lit up under the sky, witnessing the historic moment of the glorious return of the boy group. BIGBANG

Fujitsu develops diamond-spin quantum computer prototype

New diamond-spin quantum computer prototype incorporating tin-vacancy (SnV) centers into photonic integrated circuits marks significant step toward quantum computing scalability KAWASAKI, Japan, Sept. 8, 2026 /PRNewswire/ -- Fujitsu today announced that it has developed the world's first working prototype of a diamond-spin quantum computer incorporating tin-vacancy (SnV) centers into photonic integrated circuits. The prototype can be operated at -271.6°C, higher than the typical operating temper

Foxies sweep Ho Chi Minh to secure 5th place in PVL Invitational

MANILA, Philippines — Farm Fresh closed out its 2026 PVL Invitational campaign on a high note, dominating Vietnam’s Ho Chi Minh in a swift 25-10, 25-15, 25-15 sweep on Tuesday at the Araneta Coliseum to lock up fifth place in the tournament. Setter Alohi Robins-Hardy, making only her third appearance of the six-game tournament, masterfully ran the Foxies' offense with 12 excellent sets while chipping in two points. Trisha Tubu and Ces Molina provided the scoring power, pacing Farm Fr

EU and Canada plan broad alliance to counter U.S.-China dominance - Bloomberg

MAYFEYR Launches MAYFEYR Mirror, Bringing Designer Fashion to Life

The AI-powered experience brings designer fashion to life, helping shoppers visualise complete looks before making a purchase. SINGAPORE - Media OutReach Newswire - 8 September 2026 - MAYFEYR, the Singapore-based online luxury fashion platform, launched MAYFEYR Mirror, an AI-powered styling experience designed to address one of online fashion's most familiar moments: when a shopper finds a piece they love but isn't sure how it will look on them. MAYFEYR Mirror was created to help shoppers visual

New Multi-Site Validation Study Published by Panakeia Reinforces Scalability of AI Multi-Omics Platform

Study confirms diagnostic-grade performance of PANProfiler Breast (ER, PR, HER2) from routine brightfield images; establishing the technology as a scalable foundation for oncology across multiple cancer types and biomarkers Cambridge, UK, September 8, 2026 - Panakeia, a world-leading in silico multi-omics company, today announced the publication of a multi-site clinical validation study in Clinical Breast Cancer. The research demonstrates that its PANProfiler Breast (ER, PR, HER2) software, a UK

Unmasking Fraud: Verisk Releases Fraud Discovery, connecting intelligence, analytics and investigations in one powerful fraud platform

The platform combines advanced detection, investigation and management capabilities into a single modular solution, helping insurers detect, investigate and disrupt fraud with tools tailored to their unique risk profiles. LONDON, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading strategic data analytics and technology partner to the global insurance industry, today announced Verisk Fraud Discovery, a fraud prevention platform that unifies fraud intelligence, advanced analytics,

Upstream Bio Presents Results from the Phase 2 VALIANT Trial of Verekitug for the Treatment of Severe Asthma in Oral Presentation at ERS Congress 2026

- Verekitug, 100 mg dosed every 12 weeks, reduced AAER by 56% compared to placebo in patients with severe asthma - - Verekitug also delivered clinically meaningful improvements in lung function (FEV1) and exhaled nitric oxide (FeNO) with every 12-week dosing - - The Company remains on track to initiate Phase 3 trials in severe asthma and CRSwNP in Q1 2027, designed to deliver best-in-class efficacy in both indications by evaluating a 400 mg quarterly regimen of verekitug in broad patient populat

Investeringsforeningen Carnegie Wealth Management - Forløb af ekstraordinær generalforsamling

Investeringsforeningen Carnegie Wealth Management har dags dato afholdt ekstraordinær generalforsamling. Generalforsamlingen blev gennemført i overensstemmelse med den fremlagte dagsorden og vedtægterne. Bestyrelsens forslag om at ændre foreningens navn fra Investeringsforeningen Carnegie Wealth Management til Investeringsforeningen DNB Carnegie Wealth Management blev vedtaget. De forelagte forslag til vedtægtsændringer blev således godkendt af generalforsamlingen. Vedtægtsændringerne, herunder

Traffic enforcer on duty shot in the head in Northern Samar

A traffic enforcer was shot in the head while performing his duty in Barangay 1 Poblacion, Catubig, Northern Samar, on Tuesday, Sept. 8. The victim, identified as alias “Anton,” is a resident of Catubig. He was attending to his duties at around 10:11 a.m. when the suspect approached him and shot him using a firearm of unknown caliber. The police identified the suspect as alias “Leon,” 42, a tricycle driver and a resident of Catubig. He fled the scene immediately after the

i2Cool Secures Tens of Millions of Yuan in Series B Funding from TopoScend Capital

The proceeds will support the development of standardized nanoparticle production lines, continued advancement of core technologies, recruitment of key talent, and commercial expansion across priority global markets. Financing Overview HONG KONG, Sept. 8, 2026 /PRNewswire/ -- i2Cool Shenzhen Limited ("i2Cool"), a platform company specializing in electricity-free passive radiative cooling materials, has completed a Series B financing round worth tens of millions of yuan, equivalent to several mil

What Shenzhen's transformation reveals about the path to an Asia-Pacific community

BEIJING, Sept. 8, 2026 /PRNewswire/ -- A report from People's Daily The transformation of a single city can reflect the prosperity of an entire region. As a window into China's reform and opening-up, Shenzhen in south China's Guangdong province has grown from a small border town into an international innovation hub over the past four decades. Its development has been closely intertwined with the process of economic integration across the Asia-Pacific. This year, Shenzhen will host the 33rd APEC