Philippines Business News

Iran’s deputy army chief warns ships not to attempt Hormuz crossings - Al Jazeera

El Niño damage to agriculture hits P6.8 billion

Agricultural damage has reached P6.8 billion this year as several areas struggle with dry spells linked to the very strong El Niño phenomenon in recent months.

Peso breaches 63-level vs dollar, hits record low

The Philippine peso breached the P63:$1 level for the first time on Thursday, hitting a fresh record low against the US dollar amid renewed tensions in the Middle East.

Philippine cash remittances drop to 3-month low in August

MONEY sent home by migrant Filipinos grew by 1.9% year on year in August to $3.035 billion, the…

UBS now expects a third Fed rate hike after hot September inflation print

[Good Business] Rethinking enterprise as a force for good

The challenge is not simply to declare that business should be a force for good. It is to make that commitment visible in how capital is invested, people are treated, and growth is pursued.

UK Autumn Budget seen delaying tough calls to 2027 as headroom shrinks

Eight US states sue OpenAI, claiming ChatGPT harms young users

A BIPARTISAN group of eight states said on Wednesday they had sued OpenAI in courts across the country…

Judge extends White House access for CNN, MS NOW, Politico amid legal fight

WASHINGTON — A federal judge extended access to the White House for CNN, MS NOW and Politico journalists,…

Two ships sink near Hormuz after being hit by projectiles amid surge in attacks

LONDON — A container ship and a dry bulk carrier have both sunk near the Strait of Hormuz…

Trump says he hopes Pope Leo will ‘get better fast’

BULLHEAD CITY, Arizona — President Donald Trump said on Wednesday he hoped that Pope Leo, who has been…

Analysts say UK’s August growth beat opens door to higher interest rates

[Vantage Point] Semirara: The government is auctioning an energy crisis

The government’s pursuit of the highest financial offer may inadvertently trigger the Philippines' most expensive energy failure

AI jitters in focus; Anthropic’s reported revenue jump - what’s moving markets

TMGM Named Official Financial Online Trading Sponsor of BIGBANG 2026-2027 WORLD TOUR in Sydney

SYDNEY, Oct. 15, 2026 /PRNewswire/ -- TMGM has been named the Official Financial Online Trading Sponsor of BIGBANG 2026-2027 WORLD TOUR in Sydney, bringing together the Sydney-founded global broker and one of Asia's most recognised music acts as BIGBANG celebrates its 20th anniversary. TMGM, Official Sponsor of BIGBANG 2026-2027 WORLD TOUR in Sydney Taking place at Accor Stadium on 31 October 2026, the Sydney concert forms part of BIGBANG's first world tour since 2017. The tour marks two decades

Medeo Introduces Creative OS, Taking AI Video From Trend Discovery to Monetization in One Continuous Workflow

Medeo's AI video agent now runs the full creative lifecycle, from spotting what's trending to publishing and earning from the finished video SAN FRANCISCO, Oct. 15, 2026 /PRNewswire/ -- Medeo, the AI video platform built by One2X, today announced its expansion into a Creative OS, an AI video generator and AI video agent that enables creators, marketers, and brands to take an idea from concept to audience and income within a single platform. Video production remains fragmented across multiple too

J&T Express Average Daily Parcel Volume Reaches 104.2 Million in Q3 2026; Exceeds 100 Million for Second Consecutive Quarter

China Parcel Volume Up 15.3% YoY; Other Markets Parcel Volume Up 159.5% YoY HONG KONG, Oct. 15, 2026 /PRNewswire/ -- J&T Global Express Limited (01519.HK), a global logistics service provider, today announced its business update and operating metrics for the third quarter ended 30 September 2026. During the period, the Company's global parcel volume reached 9.58 billion, up 24.8% YoY, with average daily parcel volume reaching 104.2 million and exceeding 100 million for the second consecutive qua

IBM Study: Eight in Ten EMEA Enterprises Escalate AI Incidents to Board or C-Suite as AI Agents Test Governance

80% of surveyed executives in EMEA say an AI-related incident reached their board or C-suite in the past year, with only 40% changing AI governance policy or frameworks in response.75% of respondents expect AI agents to have some level of autonomy with respect to decisions by 2027, yet only 37% say their governance is designed to scale with agentic AI deployment.When surveyed organizations want to deploy AI faster than governance and compliance frameworks are prepared for, nearly 60 percent (56%

Opella: New study demonstrates successful cough treatment extends beyond symptom relief

PARIS, Oct. 15, 2026 /PRNewswire/ -- A new real-world study from Opella, the maker of Mucosolvan and Bisolvon, provides pharmacists with compelling evidence that the success of a cough treatment should be measured by its impact on a patient's overall well-being, alongside traditional symptomatic relief. With most consumers1 making treatment decisions in the pharmacy, the pharmacist's recommendation plays a pivotal role in helping patients return to their normal routines and make the moment their

XPENG CEO He Xiaopeng Calls for Deeper Global Collaboration at the 2026 Paris Automotive Summit, Highlighting "XPENG AI Engineering"

Mr. He Xiaopeng, Chairman & CEO, becomes the first Chinese automotive CEO to deliver a keynote in the history of the Paris Automotive Summit, calling for greater industry collaboration as AI, electrification and globalization reshapes the automotive sector.Mr. He Xiaopeng introduced XPENG AI Engineering, calling for open collaboration and opening XPENG's full-stack technologies and engineering capabilities to global partners, from vehicle platforms to Physical AI.XPENG highlighted NGP which is a

SkyAI to Commence $3.00 Per Share/Warrant Tender Offer and File Offer Materials with the SEC After Market Close on October 15, 2026

SkyAI will commence a cash tender offer on October 15, 2026 for up to 95% of its outstanding shares, pre-funded warrants and strategic advisor warrants at $3.00 per share or warrant SkyAI holds approximately $204.6M in cash and approximately 210,000 locked SOL as of October 14, 2026, and expects to hold no SOL once the Offer is completed NEW YORK, Oct. 14, 2026 (GLOBE NEWSWIRE) -- SkyAI, Inc. (Nasdaq: SKYA) ("SkyAI” or the "Company”) today announced that it will commence its tender offer (the "O

HTX Publishes Its Q3 2026 Scorecard: Cumulative TradFi Trading Volume Approaches $6B Amid 13th Anniversary Celebration

APIA, Samoa, Oct. 14, 2026 (GLOBE NEWSWIRE) -- The crypto market saw a notable rally in the just-concluded third quarter. It was also the quarter in which HTX turned 13. Over the past 13 years, the industry has weathered multiple bull and bear cycles, and HTX has stood alongside users worldwide throughout them. Resilience in navigating market cycles has been a defining characteristic of HTX over the past 13 years. To mark its anniversary themed "Resilience Reveals the Future", HTX launched the 1

The prestigious Mouratoglou Tennis Center continues its expansion in Texas by partnering with The Club at La Estancia in West Texas

Image credit: Mouratoglou Tennis Center - La Estancia ODESSA, Texas, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Mouratoglou Tennis Center proudly announces the opening of Mouratoglou Tennis Center, Odessa Midland in partnership with The Club at La Estancia in West Texas. This partnership represents an expansion of the prestigious tennis brand's reach, not only in the United States, but in Texas as well, with the existing Mouratoglou Tennis Center, Horseshoe Bay. The Club's members will now have access to

Veteran Jarrett Moffitt Comes Out of Retirement to Open Mr. Handyman of Chandler

New locally owned handyman service brings scheduled arrival times and the Neighborly Done Right Promise® to homeowners in Chandler, Ahwatukee Foothills, Queen Creek and Sun Lakes Mr. Handyman of Chandler, founded by retired Army veteran Shar Moffett, provides reliable home repair and maintenance services throughout Chandler, Gilbert, and surrounding Arizona communities. With dedicated in-house technicians, the company offers drywall repairs, flooring repairs, ceiling fan installations, bathroom