Philippines Business News

Atos-powered agentic AI solution wins IDC AI Innovation Award

Atos-powered agentic AI solution wins IDC AI Innovation Award The Sovereign AI Agent for Engineering R&D, developed jointly by Atos and manufacturer Flender China has been recognized as the Best Agentic AI Practice, which reduced design cycles by 83%, saving approximately 2,000 engineering hours annually. The Sovereign AI Agent for Engineering R&D, developed jointly by Atos and manufacturer Flender China has been recognized as the Best Agentic AI Practice,which reduced design cycles by 83%, savi

FOR THE BOUNDLESS WALK: AlpWalk S1 Hip-Assistive Exoskeleton at IFA Berlin 2026

BERLIN, Sept. 04, 2026 (GLOBE NEWSWIRE) -- AlpWalk, a global embodied-intelligence technology brand, today announced it will showcase its hip-assistive exoskeleton, the AlpWalk S1, at IFA Berlin 2026 (September 4-8), at Booth Hall H5.2_306. AlpWalk is committed to keeping seniors' lives vibrant, so age is never a reason to limit their movement. Safety comes first in AlpWalk S1's design. The device features 0.1-degree precision joint-angle control, a high-carbon-fiber composite support structure,

ANKER INNOVATIONS ARGUES THE SMART HOME WE WERE PROMISED WAS NEVER DELIVERED

New white paper argues that the current smart home architecture has reached its limits, and that the next generation needs intelligence that operates inside the home, under the control of the people who live there Berlin, Sept. 04, 2026 (GLOBE NEWSWIRE) -- At IFA 2026, Anker Innovations today published a white paper calling for a shift from cloud-first to local-first architecture in the smart home. Titled "The Cloud: Our Faustian Bargain Comes Due: How We Traded Our Privacy and Our Homes’ Memori

Kymeta Secures $20 Million Order for Resilient Satcom Solutions from the U.S. Department of Defense

Contract will supply over 100 Osprey™ u8 terminals and connectivity services to a branch of the DoD Kymeta Multi-Orbit Connectivity HERO Image Kymeta’s satellite communications (SATCOM) solutions are ready and available to the U.S. forces for any operational requirements REDMOND, Wash., Sept. 04, 2026 (GLOBE NEWSWIRE) -- Kymeta, the world-leading flat-panel satellite terminal manufacturer, today announces that it received a $20 million order from the U.S. Department of Defense (DoD) for more tha

Court orders arrest of Vice President Duterte

MANILA, Philippines — A local court issued a warrant of arrest for Vice President Sara Duterte for alleged grave threats, her lawyer said in a statement on Friday. Lawyer Paul Lawrence Lim said Duterte would not evade the law and will continue to pursue legal remedies following the Quezon City Regional Trial Court’s order. “Regardless of the question on jurisdiction, she has no intention of evading the law and will continue to exercise all her legal remedies,” said Lim.

PHILTOA opens 37th Philippine Travel Mart, looks to next-gen tourism

The Philippine Tour Operators Association (PHILTOA) opened the 37th Philippine Travel Mart (PTM) on Friday, bringing together tourism stakeholders from across the country for a three-day showcase of destinations, travel experiences and industry partnerships. Running at the SMX Convention Center Manila from Sept. 4 to 6, this year’s PTM brings together destinations, tour operators, hotels, […]

Feng Shui Master Liang Consultancy Expands Client Reach Across Singapore and Malaysia as Business Enters Next Phase of Growth

SINGAPORE, Sept. 4, 2026 /PRNewswire/ -- Feng Shui Master Liang Consultancy is marking a new phase of business growth, expanding its reach beyond Singapore to serve a growing client base in Malaysia while strengthening its operations locally with a move to larger premises. Master Liang (founder) of Feng Shui Master Liang Consultancy Founded in 2022 by Master Liang, the consultancy has developed from his independent Feng Shui practice, which began in 2018, into a growing consultancy providing per

Watch: Bonoan leaves PNP hospital

Bonoan leaves PNP hospital Former Public Works secretary Manuel Bonoan leaves the Philippine National Police (PNP) General Hospital at 10:35 a.m. on Sept. 4, 2026 after being cleared by the Criminal Investigation and Detection Group (CIDG) of other pending cases as ordered by the Sandiganbayan. VIDEO BY IZEL ABANILLA Check out our Streaming Channel: https://streaming.manilatimes.net/ Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe Visit our website at https://www.manilatimes.n

Philippine business sentiment turns sour in July amid inflation, war woes

By Katherine K. Chan, Reporter Philippine business sentiment turned sour as renewed tensions in the Middle East and sticky price pressures sparked concerns, a survey by the Bangko Sentral ng Pilipinas (BSP) showed. Based on the central bank’s latest business expectations survey (BES), Philippine firms’ current-month confidence index (CI) plunged to -20.3% in July. This […]

Trump tells Fed to lower rates or threatens to end trade with surplus countries

Tampakan merger transforms DHI into a major mining play

Tampakan and potential Atlas consolidation could transform DHI's mining scale, but valuation, dilution and funding remain unresolved.

Paycode Appoints Colin Digby as Chief Revenue Officer

LONDON, Sept. 04, 2026 (GLOBE NEWSWIRE) -- Paycode is pleased to announce that Colin Digby, a seasoned industry veteran in global payments and FX, has joined the company as Chief Revenue Officer. Colin brings extensive leadership experience from Mastercard, Crown Agents Bank, Barclays, Deutsche Bank, JPMorgan and Citibank. He will lead Paycode’s global revenue strategy and expand partnerships with banks, governments and development organisations. Paycode’s leading-edge payments and digital ident

BlackRock’s Rosenberg says inflation data key after jobs beat

"Maxima Grupė’s” first half of 2026: revenue exceeded EUR 2 billion, profitability declined

The consolidated revenue of the companies operated by MAXIMA GRUPĖ, UAB in the Baltic States (hereinafter - the Group) increased by 2.8% year on year in the first half of 2026, reaching EUR 2.03 billion. Consolidated like-for-like retail revenue grew by 2.1%. "The first half of 2026 stands out for MAXIMA retail chains reducing the regular prices of 9 thousand food products in Lithuania and 4 thousand in Latvia. This step strengthens our position as the low-price leader and enables customers to p

Weak peso underscores need for fiscal consolidation, export growth – Balisacan

By Justine Irish D. Tabile, Senior Reporter The Philippines’ weak peso is being driven by renewed geopolitical uncertainty and widening trade and current account deficits, underscoring the need for fiscal consolidation and a shift toward export-led growth, Economy Secretary Arsenio M. Balisacan said. He said the renewed conflict involving Iran and the United States has […]

Modernization of tech-voc education, training system gets ICC-CC nod

The Investment Coordination Committee–Cabinet Committee (ICC-CC) on Friday approved key enhancements to a project that aims to modernize the Philippine technical and vocational education and training (TVET) system. “The government’s investment in technical and vocational education is an investment on the Filipino people,” ICC-CC Chair and Finance Secretary Frederick D. Go said in a statement. […]

DigiPlus earns 3 honors at 22nd Philippine Quill Awards

DigiPlus Interactive Corp., the country’s leading digital entertainment provider behind BingoPlus, ArenaPlus, and GameZone, earned three Awards of Excellence at the recently concluded 22nd Philippine Quill Awards for communication initiatives spanning business growth storytelling, integrated financial and sustainability reporting, and responsible gaming advocacy. Organized by the International Association of Business Communicators (IABC) Philippines, the Philippine […]

DOE urges motorists: Gas up this weekend before oil price hike

Following the intensified conflict in the Middle East, local pump prices in the Philippines are expected to increase in the second week of September 2026.

August inflation eases to 6.1%

This is the fourth month the national inflation rate went down.

Southwest monsoon brings heavy rainfall over Metro Manila, other 10 areas

Heavy rainfall warnings have been hoisted in Metro Manila and 10 other areas in Luzon due to the southwest monsoon, heightening the risk of flooding and landslides, according to the state weather bureau on Friday. “The effects of the southwest monsoon, or habagat, will continue and will bring heavy to intense rainfall, particularly in areas […]

Philippine headline inflation eases to five-month low in August

By Katherine K. Chan, Reporter SOFTER FOOD and utility prices eased pressures from elevated transport costs in August, bringing headline inflation to its slowest pace in five months, the Philippine Statistics Authority (PSA) said on Friday. Based on PSA data, headline inflation, as measured by the consumer price index, eased to 6.1% in August from […]

Euro zone retail sales tumble as non-food demand weakens

[In This Economy] Should Filipinos’ ‘consumption culture’ be blamed for the weak peso?

BSP Governor Eli Remolona did not say that consumption is the enemy. Instead, the underlying message is that our country as a whole needs to find better ways to finance our investments.

Inflation slightly cools to 6.1% in August 2026

(2nd UPDATE) Inflation may have eased overall, but rice prices rose at their fastest pace in more than two years while fuel costs also continued to climb