Philippines Business News

ERC moves to curb power spot market abuse

The Energy Regulatory Commission is stepping up efforts to safeguard the power spot market against potential abuse amid concerns over the growing influence of key industry players.

I-Remit board clears Surepay deal

Listed remittance firm I-Remit Inc. has approved its binding term sheet with Surepay Technologies Inc., moving forward with a proposed P20-million capital infusion as the company disclosed that vice chairman Ben Tiu now owns a 47-percent stake.

Imperfection is the new influence

For decades, I hosted a radio segment.

Insurance penetration rises on higher premium collections

Insurance penetration in the Philippines climbed to 1.96 percent in the second quarter from 1.79 percent in the same quarter last year, driven by higher premium collections, according to the Insurance Commission.

Japan’s R&I maintains Philippines credit rating

Japan-based Rating and Investment Information Inc. (R&I) has affirmed the Philippines’ A- credit rating with a stable outlook, but warned that economic growth could weaken further this year as delays in infrastructure spending and elevated energy prices weigh on domestic activity.

Mitsubishi unveils new Outlander PHEV

Mitsubishi Motors Philippines Corp. is anticipating strong demand for sports utility vehicles to drive the shift to electrified vehicles as it launched its first plug-in hybrid electric vehicle in the country.

Need for meaningful reforms

The government is proposing a set of tax measures which at first glance might appear to offer Filipinos some relief from their tax burdens.

PSE ramps up PDS integration

The Philippine Stock Exchange is ramping up initiatives to integrate the Philippine Dealing System Holdings Corp. in line with efforts to build a more unified market infrastructure.

Basilan subdues Negros, boosts South playoff bid

MANILA, Philippines — Basilan Steel leaned on veteran gunner John Wilson to subdue Negros, 97-86, on Friday and boost its bid for a playoff seat in the SportsPlus MPBL (Maharlika Pilipinas Basketball League) 2026 Season at the Bulacan Capitol Gym in Malolos. Right after a Basilan timeout, Wilson drilled in a triple with 1 minute and 47 seconds left to break Negros' 13-point run, the first seven by Flever Dignadice, and secure the Steel's 12th win against 11 losses in the round-robin elimin

PH to host 3 major international chess tourneys in November

MANILA, Philippines — It will be a busy November for Philippine chess as three international tournaments—two in Ozamiz and one in Quezon City—are lined up for that month with titles, norms and hefty cash prizes at stake. The first one is the 7th ASEAN Individual Championships slated Nov. 2-10 at the Asenso Misamis Occidental Recreational and Aquamarine Park where the Open and Women’s champions get a Grandmaster or Woman GM titles or norms and the second to third placers e

Income Financial Trust Financial Results to June 30, 2026

TORONTO, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Income Financial Trust ("Income Financial") announces that its semi-annual financial statements and management report of fund performance for the six months ended June 30, 2026 are now available at www.sedarplus.com and Income Financial's website at www.quadravest.com. For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.quadravest.com.

River Tourism Highlights New Ways to Explore Mato Grosso do Sul’s Natural Landscapes

SÃO PAULO, Aug. 21, 2026 (GLOBE NEWSWIRE) -- (Brasil DNA, a project organized by Global Vision Access) - Mato Grosso do Sul is expanding the ways travelers can experience its natural attractions through river tourism, offering experiences that go beyond the state’s best-known destinations. From multi-day river cruises in the Pantanal to boat tours along the rivers of Bonito, these activities combine contact with nature, regional landscapes, and opportunities to learn more about local communities

Westlake Announces Dual Listing on NYSE Texas

HOUSTON, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Westlake Corporation (NYSE: WLK) ("Westlake”) (the "Company”) announced today the dual listing of its common stock on the NYSE Texas, the newly launched fully electronic equities exchange headquartered in Dallas, Texas. "We are pleased to join the NYSE Texas. Westlake is a global manufacturer celebrating 40 years of operations this year, and Texas has been home to our global headquarters since the very beginning. We welcome the opportunity to support th

Ceretone and Easter Seals Greater Houston Bring Hearing Technology to Local Seniors Through Community Initiative

Organizations came together to help seniors use technology with confidence and shape the future of hearing care HOUSTON, Aug. 21, 2026 /PRNewswire/ -- Ceretone, a direct-to-consumer hearing technology company, partnered with Easter Seals Greater Houston, Catholic Charities, and AmeriCorps Seniors to help seniors experience over-the-counter hearing technology in a supportive community setting while gathering valuable insights to improve future products. Ceretone and Easter Seals Team Up On August

PCSO Lotto Results | August 21, 2026

Ted Trabue Appointed as Interim Chairman of the Public Service Commission of the District of Columbia

Ted Trabue Appointed as Interim Chairman of the Public Service Commission of the District of Columbia Interim Chairman Ted Trabue Washington, D.C., Aug. 21, 2026 (GLOBE NEWSWIRE) -- The Public Service Commission of the District of Columbia (Commission) announced that Mayor Muriel Bowser has appointed Commissioner Ted Trabue as the Interim Chairman of the Commission, effective August 18, 2026. He succeeds former Chairman Emile C. Thompson, who resigned effective August 14, 2026. Trabue has served

Solana Company Announces Positions and Votes on first Solana Governance Proposals

PHILADELPHIA, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Solana Company (NASDAQ: HSDT), a listed digital asset treasury company and operator of institutional Solana validator infrastructure across Asia-Pacific, today announced its positions on the first three Solana Governance Proposals (SGPs) ahead of on-chain voting expected to open on 22 August 2026: FOR - SGP-0001, The Solana ConstitutionAGAINST - SGP-0002, Double Disinflation RateAGAINST - SGP-0003, Resource and Inclusion Fee Solana Company supports

Pipelines and LNG Nearly Doubled B.C.’s Oil and Gas Output in a Decade, New Study Finds

The first measured accounting of the province’s completed energy projects shows the investment came back as production, exports and the highest-paid jobs in B.C. - and cushioned Canada when the trade war hit VANCOUVER, British Columbia, Aug. 21, 2026 (GLOBE NEWSWIRE) -- A decade of investment in natural gas production, pipelines and export terminals has made British Columbia a far larger force in Canada’s energy economy, generating record production and exports while supporting some of the count

Bay Area Lyme Ventures Invests in LymeLess Health to Accelerate AI-Powered Innovation for Lyme & Tick-Borne Disease Patients

Investment supports launch of AI care companion, Ella, designed to help Lyme+ patients navigate diagnosis, treatment, and long-term disease management PORTOLA VALLEY, Calif., Aug. 21, 2026 (GLOBE NEWSWIRE) -- Bay Area Lyme Ventures, Bay Area Lyme Foundation’s venture philanthropy initiative devoted to advancing solutions for Lyme disease, today announced that it has invested in LymeLess Health, an AI-powered digital health company focused on transforming how people with Lyme disease navigate dia

Palmetto Publishing Releases Vickie Marie Swafford's New Guide to Understanding and Preventing Teen Suicide

Drawing on years of clinical experience with adolescent suicide patients, registered nurse Vickie Marie Swafford, MS, RN offers parents actionable strategies in her newly published book from Palmetto Publishing. Still Here cover Charleston, SC, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Palmetto Publishing has released Still Here, a new book by Vickie Marie Swafford, MS, RN, that provides parents with concrete tools for recognizing, responding to, and preventing teen suicide. The book draws on Swafford's

Fridge Rentals Rise Across Delhi, Chennai, Bangalore and Hyderabad in 2026 as Households Shift to ₹524/Month Plans With Three-Month Minimum Tenure and Free Repairs From Rentomojo

Single-door 190-litre plans list from ₹524 a month and mini fridges from ₹379, with tenure from three to 36 months, a refundable deposit equal to one month's rent, delivery at a 2.54-day network average, and free repairs, annual servicing and relocation included. Fridge Rentals Rise Across Delhi, Chennai, Bangalore and Hyderabad in 2026 Monthly plans run from ₹379 for a mini fridge to ₹524 for a 190-litre single-door unit across the four cities, with double-door variants on separate plans, up to

Viettel Brings Two Decades of International Telecom Experience to the Dominican Republic

HANOI, Vietnam, Aug. 21, 2026 /PRNewswire/ -- Viettel Group, one of Vietnam's largest telecommunications and technology groups, is bringing more than two decades of international investment experience to the Dominican Republic, building on a track record across 10 overseas telecommunications markets in Asia, Africa and Latin America. The Dominican Republic is Viettel Group's 11th international market Following the recent spectrum award by the Dominican Institute of Telecommunications, INDOTEL, V

WiMi's Next-Generation Quantum Convolutional Neural Network Reshapes Classical Data Classification Methods

BEIJING, Aug. 21, 2026 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, proposes a cutting-edge quantum machine learning technology oriented toward classical data classification tasks-a quantum convolutional neural network with interaction layers for classical data classification. This technology systematically enhances the overall performance of quantum convolutional neural networks in term

Historic $1 Million Gift Brings Three Gaits Within Reach of a 2026 Groundbreaking

Leadership gift to the Unbridled Potential Capital Campaign advances the $4.5 million effort to build a heated, fully accessible arena and adaptive stable Stoughton, Wisconsin, United States, August 21, 2026 /MarketersMEDIA/ -- Close to 100 children and adults with disabilities in southern Wisconsin are waiting for the opportunity to participate in one of Three Gaits’ life-changing programs. A transformational gift from a family with a decades-long connection to Three Gaits has brought the organ