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Philippines Business News

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Manila Times BusinessAug 23, 2026

Pope's 'couturier of the sacred' fueled by faith

SANTARCANGELO DI ROMAGNA, Italy — Far from the solemn pomp of the Vatican, nestled under the arcades of the mountain town of Santarcangelo di Romagna, a tailor clad all in black leaned over his sketch. With a few strokes of his pencil, Filippo Sorcinelli brought to life a flowing liturgical robe -- fitting for the man whose artistry and faith have cemented an international reputation for one-of-a-kind ecclesiastical attire. On Saturday, Pope Leo XIV donned a green and white vestment create

Manila Times BusinessAug 23, 2026

Trump urges court to reject BBC bid for family records in defamation case

WASHINGTON — President Donald Trump has urged a federal judge to reject the BBC's request for the court's help in securing testimony and documents from three family members in response to his $10 billion defamation lawsuit against the British broadcaster. The BBC is trying to gain "politically-driven leverage" over Trump by serving subpoenas on daughter Ivanka Trump, son-in-law Jared Kushner and son Donald Trump Jr., personal lawyers for the Republican president argued in a court filing Fr

Manila Times BusinessAug 23, 2026

Battle Los Angeles

The most important battle involving the Los Angeles Lakers is not taking place on a basketball court. It is being fought in boardrooms, family trust meetings and lawyers' offices. The ownership dispute surrounding the Lakers has exposed divisions within the Buss family and raised a larger question: What exactly are the Lakers now? For nearly half a century, the answer was simple. The Lakers were the Buss family business. Jerry Buss transformed a basketball franchise into a cultural institution,

Manila Times BusinessAug 23, 2026

Pardu Exclusive: HeyMann Dubois files DJ Mag-Traxsource False AI Detection Federal Lawsuit, ‘Quid Pro Quo’ Allege

MIAMI, Aug. 22, 2026 (GLOBE NEWSWIRE) -- Pardu Productions is a leading source of Entertainment and celebrity news, and can exclusively announce the following based on public court records alone: Emerging Irish producer Eamonn Dubois, professionally known as HeyMann Dubois, has filed a Verified Alternative First Amended / Second Amended Complaint in the U.S. District Court for the Southern District of Florida (Case No. 0:26-cv-61994-AHS) against Traxsource, Inc., Thrust Publishing Ltd (d/b/a DJ

Manila Times BusinessAug 23, 2026

Pardu Exclusive: HeyMann Dubois files $150M DJ Mag-Traxsource False AI Detection Federal Lawsuit, ‘Quid Pro Quo’ Allege

Manila Times BusinessAug 23, 2026

UPDATE Integrity Urgent Care Clinic Opens in Murphy, Texas

Murphy’s newest urgent care clinic offers accessible, high-quality health care you can count on Key facts of this press release: Integrity Urgent Care opened a clinic in Murphy, Texas, on Aug. 3, 2026New Murphy clinic expands access to convenient, affordable care for Murphy and surrounding Collin County communities MURPHY, Texas, Aug. 22, 2026 (GLOBE NEWSWIRE) -- Integrity Urgent Care, a Texas-based family of urgent care clinics dedicated to enhancing communities through convenient, lower-cost a

Manila Times BusinessAug 23, 2026

46 OFWs from Kuwait, 17 Filipino seafarers repatriated

MANILA, Philippines — Forty-six overseas Filipino workers (OFWs) from Kuwait and 17 Filipino seafarers of M/V Minoan Dignity arrived in Manila on separate flights Friday night, Aug. 21, according to the Overseas Workers Welfare Administration (OWWA). The 46 OFWs arrived at Ninoy Aquino International Airport Terminal 1 aboard Kuwait Airways Flight KU417, while the 17 seafarers arrived at Terminal 3 aboard Emirates Flight EK334. The seafarers were repatriated after M/V Minoan Dignity was hit

Manila Times BusinessAug 23, 2026

Chinese humanoid robots break human records at Beijing games

BEIJING — Chinese humanoid robots broke records set by humans, including beating Usain Bolt's 100-meter sprint world record, on the opening day of the Olympics-like World Humanoid Robot Games in Beijing on Saturday. More than 2,000 humanoid robots were participating in the event, the organizer said. The five-day games, now in its second year, are a spectacle demonstrating China’s rapid progress in advanced robotics as the technology race with the US heats up, with 51 events and more

Manila Times BusinessAug 23, 2026

ThinkCareBelieve: https://thinkcarebelieve.blog/2026/08/21/week-83-of-the-trump-47-administration/

The Trump Administration Revvs up for Race Day Washington, DC, Aug. 22, 2026 (GLOBE NEWSWIRE) -- ThinkCareBelieve announces a New Report on the events of Week 83 of the Trump Administration, part of a weekly series covering all the exciting achievements and events as they happened since President Trump took office in January 2025. The article can be accessed in full at https://thinkcarebelieve.blog/2026/08/21/week-83-of-the-trump-47-administration/ This article provides details and direct links

Manila Times BusinessAug 23, 2026

Habagat to affect much of Western Luzon — Pagasa

MANILA, Philippines — The Southwest Monsoon or "Habagat" continues to affect most of Western Luzon in the next 24 hours, according to state weather bureau Pagasa (Philippine, Atmospheric, Geophysical, and Astronomical Services Administration). In its 5 pm weather bulletin, Pagasa weather specialist Dan Villamil said that the three cyclones spotted over the Pacific Ocean will have no effect to the country in the next 24 hours. One of the systems being monitored, Typhoon Saudel, was spotted

Manila Times BusinessAug 23, 2026

Manila’s Chi Atienza named among top 3 outstanding vice mayors

MANILA, Philippines — Manila City Vice Mayor Chi Atienza was named among the top three Outstanding Vice Mayors in the Philippines at the Gawad Pilipino Awards held at the AFP Commissioned Officers Club House in Camp Aguinaldo, Quezon City. Atienza, who is in her first year as presiding officer of the 13th Manila City Council, received the recognition for exemplary governance, community-driven legislation and public service, according to the statement of the Office of the Vice Mayor on Satu

Manila Times BusinessAug 23, 2026

MARCO ROBINSON WINS THE I-PROPERTY PEOPLE’S CHOICE BEST REAL ESTATE INVESTMENT COMPANY

London, United Kingdom, Aug. 22, 2026 (GLOBE NEWSWIRE) -- The global financial crisis of 2008 reshaped property markets across the United States, triggering one of the most significant real estate downturns in modern history. Foreclosures surged, credit markets tightened, and property values declined sharply across many regions. While these conditions created uncertainty throughout the real estate sector, they also opened opportunities for businesses that could identify undervalued assets and ad

Manila Times BusinessAug 23, 2026

Duterte trial could last until February

THE impeachment trial of Vice President Sara Duterte could continue until mid-February next year at its current pace, but may be sped up if the prosecution and defense agree to streamline the presentation of witnesses and evidence, impeachment court spokesman Reginald Tongol said Saturday. The assessment came as a Palace spokesman accused the vice president’s defense team of deliberately slowing down the trial. Both sides have a say In a radio interview on Saturday, Tongol said the impeach

Manila Times BusinessAug 23, 2026

Oil prices up as Trump vows sanctions vs Iran partners

HOUSTON — International and US crude oil futures rose on Friday after US President Donald Trump threatened economic sanctions on Iran’s trading partners, raising expectations of tighter supply in the coming weeks. International benchmark Brent crude futures LCOc1 settled at $94.39 a barrel, up 61 cents or 0.65 percent. US West Texas Intermediate crude CLc1 settled at $87.06 a barrel, up 23 cents or 0.26 percent. The Brent benchmark has gained 6.39 percent while WTI has risen 5.66 per

Manila Times BusinessAug 23, 2026

New York Court Reviews Judgment Challenge After Halting Sheriff's Sale in Nassau County

New York, NY, Aug. 22, 2026 (GLOBE NEWSWIRE) -- A proceeding pending before the Nassau County Supreme Court is drawing attention to the importance of documentary integrity in commercial judgment enforcement after a New York judge temporarily halted a Sheriff's sale of commercial real property while considering legal challenges to the validity of the underlying judgment. The matter, M.R. Qualified Holdings, LLC v. 2594 Atlantic Avenue Corp., et al. (Index No. 607450/2025), centers on allegations

Manila Times BusinessAug 23, 2026

Lawmakers urged to pass budget transparency bill

SEN. Bam Aquino renewed his call for the House of Representatives to approve the Citizen Access and Disclosure of Expenditures for National Accountability (Cadena) Act, saying full transparency in government spending is urgently needed as severe flooding again battered communities across the country. Aquino said Senate Bill (SB) 1506, which seeks to establish a digital platform where Filipinos can track government budgets and expenditures, has remained pending in the House for seven months after

Manila Times BusinessAug 23, 2026

Resupply ships sail for Ayungin Shoal

THE Philippines appeared to be conducting a resupply mission over the weekend for its military outpost aboard the BRP Sierra Madre at Second Thomas Shoal, according to monitoring by the maritime transparency initiative SeaLight. The Philippine Coast Guard (PCG) has deployed the 44-meter BRP Malabrigo and the 97-meter BRP Teresa Magbanua in support of the operation, with the latter having previously been the longest-deployed PCG asset in the West Philippine Sea. As usual, the PCG support vessels

Manila Times BusinessAug 23, 2026

XTEP Unveils World-Class Dual Flagship Running Shoes, Ushering China's Running Footwear into a New Era of Full-Scenario Running

SHANGHAI, Aug. 22, 2026 /PRNewswire/ -- Under the theme of "RUN TO X", XTEP hosted its 2026 Full-Scenario Running New Product Launch Conference in Shanghai. Integrating new product debuts, elite champion field tests, authoritative academic verification, celebrity crossover experiences and a professional running fashion show, this influential industry event fully presented XTEP's decade-long scientific research and technological accumulation in running footwear. The brand officially launched its

Manila Times BusinessAug 23, 2026

Jimin of BTS inspires bid to help cancer kids

A HEARTWARMING moment between BTS member Jimin and a young fan battling cancer has inspired fans around the world to come together for a fundraising campaign that has raised more than $91,000. Jimin met pediatric cancer patient Olivya during BTS’ “Arirang” concert in Arlington, Texas, on Aug. 15, 2026. Through Heroes for Children, a Texas-based nonprofit organization supporting families with children and young adults battling cancer, pediatric cancer patients and their families

PhilStar BusinessAug 23, 2026

Asia-Pacific central banks form task force against digital scams

The Bangko Sentral ng Pilipinas and other central banks in Asia-Pacific are forming a task force to strengthen information sharing against digital scams as financial authorities step up cooperation on emerging risks to the financial system.

PhilStar BusinessAug 23, 2026

Australian health care provider eyes BPO operations in Philippines

Australian health care provider Kairos Care or Kairos Medical Group is looking to set up information technology-business process outsourcing operations in the Philippines.

PhilStar BusinessAug 23, 2026

BankCom to tap bond market anew

San Miguel-led Bank of Commerce is looking to tap the domestic bond market again later this year as it prepares to fund future growth while maintaining a cautious lending stance amid elevated interest rates and geopolitical uncertainty.

PhilStar BusinessAug 23, 2026

BSP pushes lower costs, easier access to services

Lower transaction costs and easier access to financial services remain crucial to bringing more Filipinos into the formal financial system, according to the Bangko Sentral ng Pilipinas.

PhilStar BusinessAug 23, 2026

Digital banking’s next test: Resilience, trust and deeper credit access

Digital payments have moved from being a matter of convenience to becoming part of the Philippines’ critical economic infrastructure, raising the stakes for banks, fintech firms and regulators to keep transactions running, protect users from fraud and turn digital access into broader financial participation.

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