Philippines Business News

The Hashgraph Group and Merck with support from PwC Germany develop solution for cocoa traceability and digital product passports

Integrated solution combines physical authentication, Hedera-powered traceability and enterprise process design to strengthen cocoa transparency, quality assurance, compliance readiness and consumer trust. SCHWYZ, Switzerland, Sept. 8, 2026 /PRNewswire/ -- The Hashgraph Group (THG) and science and technology company Merck, are piloting a cocoa traceability solution, with PwC Germany providing consulting and implementation support. The solution connects physical product authentication with blockc

TCL Earns Over 30 Global Honors at IFA 2026, Recognizing Cutting-Edge Innovations Across Display, AI and Smart Living

BERLIN, Sept. 8, 2026 /PRNewswire/ -- TCL, a global leader in consumer electronics and the world's No. 1 Mini LED and ultra-large[1] TV brand, announced that it has received over 30 honors at IFA 2026, including seven IFA Innovation Award Honoree recognitions and five Global Product Technology Innovation Awards. The IFA awards come alongside multiple media honors from leading tech outlets including Android Authority, TechRadar, Tom's Guide and What Hi-Fi?. TCL Earns Over 30 Global Honors at IFA

Finmo Opens Singapore Global Headquarters as TreasuryOS Crosses US$1 Billion Monthly Transaction Volume

New Suntec City headquarters supports Finmo's continued growth and investment in AI and treasury innovation in Singapore SINGAPORE, Sept. 8, 2026 /PRNewswire/ -- Finmo today opened its new global headquarters at Suntec City, marking its next phase of international growth. The Singapore-founded fintech plans to expand its local team while deepening its investment in AI and treasury intelligence from Singapore. From left: Raj Vimal Chopra, CTO & Co-Founder; Richard Oh, Co-Founder; Alvin Tan, Minis

Manny Pacquiao back in govt as NAPC lead convenor

MANILA, Philippines — President Ferdinand Marcos Jr. has appointed former senator Manny Pacquiao as lead convenor of the National Anti-Poverty Commission (NAPC), replacing Lope Santos. Pacquiao took his oath of office before the President on Tuesday in Malacañang. Malacañang said the President expressed his confidence in Pacquiao’s leadership in intensifying the government's anti-poverty efforts, advancing social reform, and bringing programs and services closer to comm

Rubis: Availability of the 2026 half-year financial report

Paris, 8 September 2026, 9.00am Rubis announces today that its half-year financial report as of 30 June 2026 is available and has been filed with the Autorité des Marchés Financiers (the French Financial Markets Authority - AMF). The 2026 half-year financial report can be downloaded from Rubis’ website (www.rubis.fr), in the "Investors - Regulated information - Half-year financial report” section. This document is a translation of the original French document and is provided for information purp

Global Power Solutions Announces appointment of Lyle McChesney as Strategic Advisor.

Vancouver, BC, Canada, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Global Power Solutions Corp. (TSX Venture Exchange: PWER; Frankfurt Stock Exchanges: NJA) ("Global Power” or the "Company”) is pleased to announce the appointment of Lyle McChesney as a Strategic Advisor to the Company. Mr. McChesney brings extensive mechanical, electrical, hydraulic, equipment maintenance, and industrial systems experience to Global Power Solutions. His hands-on technical background and ability to diagnose, repair, and m

US consumers’ inflation outlook steady in August, Fed report shows

After 64 years, Metrobank keeps evolving and growing stronger with Filipinos

Metrobank's 64-year journey has taken place against a backdrop of constant change.

Stratworks builds on awards momentum with strong Quill Awards wins

Building on its Q2 momentum, these latest wins underscore the agency’s continued growth and the impact of its work across brands and industries in 2026.

ABS-CBN gets first P2 billion of P6-billion lifeline

The P6-billion rescue package, anchored by private investment firm I&C Holdings’ P3.5-billion investment and backed by Gabby Lopez III and other Lopez family investors, has begun flowing into the ailing media company

Bank lending up 10.4% in July

PHILIPPINE BANKS’ outstanding loans to businesses and consumers grew by over 10% in July, preliminary Bangko Sentral ng Pilipinas (BSP) data showed. Universal and commercial banks’ total outstanding loans, net of reverse repurchase agreements, grew by 10.4% year on year to P14.98 trillion at end-July from P13.574 trillion, the central bank said on Tuesday. This […]

Why a Siargao flight can cost more than Davao – or even a trip abroad

Tourist demand isn't the issue for Siargao, El Nido, and Busuanga; the bigger question is whether their airport infrastructure is too underinvested to keep fares affordable.

[Vantage Point] PNB Holdings is going public without asking for public money

Most companies arriving on the exchange effectively say: give us your money and we will show you what we can build. PNB Holdings is saying, here is the balance sheet and tell us what we are worth.

The round trip under BRI: How the Philippines and Hong Kong now grow off each other

For a Filipino enterprise weighing that move, the first thing Hong Kong puts on the table is access to capital on a scale few places can match. The city is already Asia's largest hedge fund centre and the world's largest cross-border wealth management hub, expanding at a projected 9% a year, and it has just moved to widen its lead.

RCBC named ‘Remittance Bank of the Year’ in the Philippines by ABF

The recognition comes as RCBC continues to push the boundaries of cross-border remittance innovation by pivoting from traditional legacy systems to a more inclusive, interoperable and fintech-first mindset.

Unemployment jumps to over 4-year high of 6% in July 2026 as youth struggle

The National Capital Region records the country's highest unemployment rate at 8.2%, as young Filipinos entering the workforce struggle to find enough jobs

[Ask the Tax Whiz] Should billionaires pay more?

A wealth tax without modern tax administration risks becoming a classic Philippine reform: good policy on paper, weak enforcement in practice.

Asia stocks waver as yen surges, Iran warns of retaliation

Oil, Fed rate fears and Iran tensions - what’s moving markets

Media's future tense in AI-driven world

BEIJING, Sept. 7, 2026 /PRNewswire/ -- This is an op-ed from China Daily. Philip K. Dick's 1969 novel Ubik imagined a door that demands payment before opening - a fantasy then, but eerily prescient in today's AI-driven world. While Elon Musk predicts AI will bring global abundance, for traditional media that abundance has already arrived - with devastating consequences. The question is no longer whether AI changes media, but what role professional journalism can play when information is plentifu

USI Launches AI Smart Camera Solution to Accelerate Smart Manufacturing

NANTOU, Sept. 8, 2026 /PRNewswire/ -- USI today announced its next-generation AI Smart Camera solution, a comprehensive edge AI and vision platform that empowers manufacturers to accelerate digital transformation through AI-driven quality inspection, process automation, logistics optimization, and smart factory initiatives. Moving beyond conventional camera hardware, USI's AI Smart Camera integrates a high-performance, low-power edge computing platform, high-resolution imaging technology, and pr

Rising Oil Prices and Inflation Risks Put Markets on Edge as MoneySimpler Expands Free AI Automated Trading

NEW YORK, Sept. 07, 2026 (GLOBE NEWSWIRE) -- Rising oil prices and renewed geopolitical tensions are putting global financial markets under pressure, with investors increasingly focused on inflation and the direction of monetary policy. Brent crude recently climbed to around $97.50 per barrel, marking an increase of roughly 35% since February, as concerns over disruptions around the Strait of Hormuz intensified. At the same time, stronger-than-expected U.S. employment data has strengthened expec

LX Pantos Successfully Completes Complex Defense Logistics Project for Advanced Weapons

SEOUL, South Korea, Sept. 8, 2026 /PRNewswire/ -- LX Pantos (President & CEO: Lee Yong-ho) announced on September 8 that it had completed a cross-border defense logistics project for advanced weapons. The project transported air-to-air missiles (AAMs) from France to Korea for the Republic of Korea Marine Corps' Marine Attack Helicopter (MAH) program, led by the Defense Acquisition Program Administration (DAPA). LX Pantos carried out the project for Korea Aerospace Industries (KAI). *An air-to-ai

Top AI Expert: Elon Musk Buried His Most Important Filing Under the Biggest Headline of the Year, On Purpose

A new free presentation argues Musk timed a quiet FCC filing to disappear beneath his own trillion dollar IPO news, and lays out what the AI expert believes the document was designed to keep hidden. Baltimore, MD, Sept. 07, 2026 (GLOBE NEWSWIRE) -- When the world's largest IPO dominated headlines, artificial intelligence expert James Altucher was watching something else. A separate document, filed with the FCC around the same time, that almost no one else seemed to notice. In a newly released fr