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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

10039 articles across all sources

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Manila Times Business

XPENG Reports Q2 2026 Results: Gross Margin Reaches 20.7%, Overseas Market Drives 25% of H1 Revenue

Second-quarter revenue totaled RMB19.74 billion. Quarterly gross margin reached 20.7%.Overseas deliveries surpassed 20,000 units in Q2, with overseas markets contributing 25% of H1 revenue.Robotics business raises over US$900 million, at a post-money valuation of over US$6.3 billion, marking the largest single-round private financing ever recorded in China's embodied AI industry.XPENG L03 secures historic order volume at launch, with oversea deliveries of L03 expected to start in Q4, driving the

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Manila Times Business

RoboColiseum Launches Standardized Simulation Platform for Embodied AI Evaluation

As embodied AI enters a period of rapid model advancement, reliable evaluation standards remain in short supply. What can these models actually do well, and where do they fall short? Shanghai, China, August 24, 2026 -- Recently, RoboColiseum, a standardized simulation evaluation platform for embodied intelligence, was officially launched. The platform establishes a comprehensive, multi-dimensional evaluation framework, with simulation benchmarks designed to closely reflect real-world robot perfo

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Manila Times Business

First summer vacation season after the opening of the world's highest bridge

XINYI, CHINA - Media OutReach Newswire - 24 August 2026 - In September 2025, the Huajiang Grand Canyon Bridge in Guizhou Province was open to traffic. This super project, "the world's highest bridge both vertically and horizontally", brought Huajiang Village, a once-quiet Bouyei ethnic village, its first full summer vacation season. Since the start of the summer vacation, the village's 15 homestays and 13 restaurants have been fully booked every day. Guizhou Huajiang Grand Canyon Bridge, photogr

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Manila Times Business

RoboStrategy, Inc. Releases First Shareholder Letter

NEW YORK, Aug. 24, 2026 (GLOBE NEWSWIRE) -- RoboStrategy, Inc. (Nasdaq: BOT), a registered closed end fund providing exposure to private companies in robotics and physical AI, today released its first shareholder letter, on the Company’s website at https://robostrategy.co/news/shareholder-letter-aug-2026. The shareholder letter provides an overview of the Fund’s public listing, portfolio highlights, recent hiring developments and perspective on the evolving robotics and physical AI markets. Abou

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Manila Times Business

LiveVoice Marks Ten Years of Hardware-Free Simultaneous Interpretation for International Events, Supporting 70+ Languages Worldwide

Cloud-Based Platform Combines Human Interpretation, AI Voice Translation and Live Captions as LiveVoice Reaches Five-Year Milestone Salzburg, Austria, Aug. 24, 2026 (GLOBE NEWSWIRE) -- LiveVoice, a cloud-based audio streaming platform headquartered in Salzburg, Austria, today announces a milestone marking 10 years of providing hardware-free simultaneous interpretation for international events. The platform delivers multilingual audio directly to attendees through their own smartphones, tablets,

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Manila Times Business

Top Technology Executives Recognized at the 2026 Wisconsin ORBIE Awards

Leading CIOs honored for leadership, innovation, and business impact at the Wisconsin ORBIE Awards on August 21, 2026, at Brookfield Conference Center BROOKFIELD, Wis., Aug. 24, 2026 (GLOBE NEWSWIRE) -- The 2026 Wisconsin ORBIE Awards honored leading chief information officers (CIOs) from Frank, Rimerman + Co., LLP, Plexus Corp, U.S. Venture Inc., Promega, City Brewing & Beverage, and Fincantieri Marine Group for their exceptional leadership. Hosted by WisconsinCIO, one of over 50 Inspire Leader

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Manila Times Business

Bosphorus Diplomacy Forum 2026 convenes youth around humanitarian diplomacy

The forum in İstanbul brought together students from 30 nationalities for crisis-focused panels and multilingual ministry simulations, while TRY 1 million was donated through the Turkish Red Crescent for delivery to Gaza. Istanbul, Turkey, August 24, 2026 /MarketersMEDIA/ -- The Türkiye-based Youth Diplomacy Association (GDD) organized the second Bosphorus Diplomacy Forum (BDF), held in İstanbul from August 10 to 16, 2026, under the theme “Humanitarian Diplomacy in the Age of Crises.” The progra

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Manila Times Business

Hohhot, Inner Mongolia: Converting Prairie Winds into Computing Power

HOHHOT, CHINA - Media OutReach Newswire - 24 August 2026 - On August 22, 2026, the fourth annual Green Computing Power (Artificial Intelligence) Conference was held on the picturesque Cilechuan Grassland in Hohhot, Inner Mongolia. Centered on the theme "Building Synergy between Computing and Electricity, Exploring New Horizons in Token Economy, and Creating the Future of Artificial Intelligence Together," the conference presented the latest research achievements, including the Green Computing Po

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Manila Times Business

Amanda Demanda Urges Next Generation of Lawyers to Find Their Voice in New Above the Law Commentary

Miami Trial Attorney and Amanda Demanda Injury Lawyers Founder Writes Open Letter to Incoming Law Students on Writing, Professional Growth and Becoming Better Lawyers MIAMI, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Nationally recognized trial attorney Amanda Demanda, founder of Amanda Demanda Injury Lawyers, is offering a message to the next generation of attorneys as a new class begins law school: start writing now. In a new commentary published by Above the Law, one of the nation’s most widely read l

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Manila Times Business

Danube Properties Joins IPS 2026 as Diamond Sponsor, Spotlighting Its Expanding Real Estate Portfolio

DUBAI, United Arab Emirates, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Danube Properties, a leading force in the UAE’s private real estate sector, joins the upcoming edition of IPS as a Diamond Sponsor, reinforcing the platform’s role in advancing global investment opportunities, fostering industry innovation, and enabling strategic cross border partnerships. Its participation as Diamond Sponsor reinforces IPS 2026’s role in connecting international investors, developers, institutions, innovators, and r

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Manila Times Business

Minerals Technologies Inc. to Host 2026 Investor Day on September 22

--- Program to include a growth update, product line spotlights, and live R&D demonstrations --- NEW YORK, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) ("MTI”), a leading, technology-driven specialty minerals company, today announced that it will host its 2026 Investor Day on Tuesday, September 22, 2026, at the company’s research and development center in Bethlehem, Pennsylvania. The event will be held in person and webcast live. The program will feature presentations

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Manila Times Business

Kitron revises full-year 2026 outlook upwards

(2026-08-24) Reference is made to Kitron’s second-quarter report on 10 July 2026, in which the company gave the following full-year 2026 outlook: "Kitron's previously communicated 2026 outlook calls for revenue between EUR 900 and 1050 million, with an operating profit (EBIT) between EUR 84 and 108 million. The figures are now trending towards the top end of these ranges. While strong customer demand would support a higher outlook, constraints in the electronics supply chain lead the company to

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Manila Times Business

Zealand Pharma - Notification of holding of treasury shares

Company announcement - No. 42 / 2026 Zealand Pharma - Notification of holding of treasury shares Copenhagen, Denmark, August 24, 2026 - Zealand Pharma A/S ("the Company" or "Zealand Pharma”) (Nasdaq: ZEAL) (CVR-no. 20045078), a biotechnology company transforming the future of metabolic health, today reports its notification pursuant to Section 31 of the Danish Capital Markets Act relating to its holding of treasury shares. As of 21 August 2026, the Company holds nominally 3,597,842 treasury shar

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BusinessWorld

Saudel enters Philippines as 102 areas remain under state of calamity

TYPHOON SAUDEL entered the Philippine area of responsibility (PAR) on Monday but was expected to stay far from the country and leave within 12 hours, as flooding from earlier storms and the southwest monsoon pushed 102 areas to declare a state of calamity. Saudel, which was given the local name Obet after entering PAR, might […]

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BusinessWorld

OVP witness admits P500M released to unbonded officer

A FORMER Office of the Vice-President (OVP) special disbursing officer admitted releasing P500 million in confidential funds to an unbonded security officer, raising questions in Vice-President Sara Duterte-Carpio’s impeachment trial over compliance with government disbursement rules. Gina F. Acosta, the OVP’s former special disbursing officer, said she released the funds to Colonel Raymund Dante Lachica […]

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BusinessWorld

Congressmen seek to restore DoJ budget cuts amid concerns over crime

CONGRESSMEN are pushing to restore proposed cuts to the Department of Justice’s (DoJ) 2027 budget, warning that lower funding for anti-trafficking, cybercrime and child protection programs could slow rescue operations and the government’s response to online sexual abuse. Party-list Rep. Sarah Jane I. Elago questioned the reductions during a House of Representatives Committee on Appropriations […]

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BusinessWorld

Tugboat sinks off Botolan, Zambales

A tugboat sank off Botolan, Zambales province in northern Philippines on Monday after it began tilting sharply to one side while being towed from an area where it had run aground, the Philippine Coast Guard (PCG) said. All 10 workers aboard were rescued, it said in a Facebook post. “The prevailing strong waves and rough […]

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BusinessWorld

Project NOAH gets P1-B boost

THE DEPARTMENT of Budget and Management (DBM) said it released P1 billion to the University of the Philippines System for Project NOAH to strengthen artificial intelligence (AI)-powered flood forecasting, real-time hazard monitoring and disaster-prevention capabilities. In a statement on Monday, the DBM said the funding for Project NOAH, or Nationwide Operational Assessment of Hazards, aims […]

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BusinessWorld

House urged to review budget of AMLC, 10 others

A LAWMAKER on Monday called for closer House of Representatives scrutiny of the proposed budgets of 11 Executive offices and agencies, saying their allocations should undergo committee-level deliberations before being taken up in plenary. In a statement, Party-list Rep. Renee Louise M. Co asked the Committee on Appropriations Chair Mikaela Angela B. Suansing to include […]

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BusinessWorld

More Filipinos trusted PNP in Q2

ABOUT 65% of Filipinos surveyed said they trusted the Philippine National Police (PNP) in the second quarter, up from 63% in the previous quarter, according to OCTA Research. In a statement on Monday, OCTA Research said its July 4 to 11 survey showed that nationwide distrust in the PNP decreased to 13% from 17% in […]

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BusinessWorld

PSEi inches up on late-session bargain hunting

THE MAIN INDEX closed higher on Monday, supported by late-session bargain hunting as sentiment continued to be weighed down by the conflict between the United States and Iran. The Philippine Stock Exchange index (PSEi) went up by 0.21% or 12.92 points to close at 6,251.38. Meanwhile, the broader all shares index slipped by 0.01% or […]

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BusinessWorld

Watchdogs oppose postponement of village, youth polls

POLL observers on Monday opposed the proposals to postpone the village and youth council elections scheduled for Nov. 2, saying that preparations for the polls may go to waste and may set a precedent in the future that would allow constant cancellations of the polls to give way for term extensions. At a Senate Local […]

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BusinessWorld

AMLC scores convictions over financial fraud cases

THE Anti-Money Laundering Council (AMLC) on Monday said it has secured two convictions from regional courts against individuals involved in illegal investment schemes. “The Anti-Money Laundering Council has made significant progress in the fight against financial crime with two judgments convicting individuals for money laundering predicated on violations of the Securities Regulation Code (SRC),” it […]

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BusinessWorld

BI intercepts 8 Indonesia-bound Filipinos in suspected ‘catphishing’ recruitment

THE BUREAU of Immigration (BI) intercepted eight Filipinos bound for Indonesia after authorities found indications they were recruited through a “catphishing” modus, the agency said on Monday. The five men and three women, aged 26 to 49, were intercepted on Aug. 7 at the Ninoy Aquino International Airport Terminal 1 while preparing to travel to […]

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