Philippines Business News

ENGWE Previews the Future of All-Terrain Riding with the Upcoming E26 3.0 Dual-Motor ATB

NEW YORK, Aug. 18, 2026/PRNewswire/ -- ENGWE is accelerating its U.S. market expansion with an expanded lineup of next-generation e-bikes, including the M20 3.0, L20 3.0, EP-2 3.0, and the recently launched L16, a long-range e-bike designed to provide a practical alternative for everyday transportation. Building on this momentum, ENGWE will officially introduce the E26 3.0, its first dual-motor all-terrain e-bike and the latest evolution of its flagship ATB platform, on September 2, marking a ma

LG Energy Solution Announces Start of Production at All-New Lansing Battery Plant

The Lansing facility will build battery cells for both energy storage systems and electric vehiclesAt full-scale production, the plant will employ 1,700 peopleLG Energy Solution's Lansing-made batteries will help customers meet U.S. domestic content requirements and reinforce Michigan's leadership in energy storage and automotive battery manufacturingLANSING, Mich., Aug. 18, 2026 /PRNewswire/ -- LG Energy Solution, the largest battery manufacturer in North America, announced the start of product

Back to the Project: August Is for Small Upgrades

As summer winds toward fall, the projects that have been waiting all year finally get their turn - and a handful of well‑chosen upgrades are usually all it takes to get them over the finish line. HOUSTON, Aug. 18, 2026 /PRNewswire/ -- By August, most Home Creators are not starting from scratch. The garage project that got pushed past spring is back on the table; the hedge has had another month to grow; and the basement is still damp. These are the small, recurring problems that quietly shape how

Digital Growth Agency WebBox Launches in Dubai to Serve MENA Region

Web Box Marketing Management L.L.C. opens in Dubai Media City, offering PR distribution, guest posting, SEO and related services, with a client portal that tracks each campaign from order to published link DUBAI, United Arab Emirates, Aug. 18, 2026 (GLOBE NEWSWIRE) -- Web Box Marketing Management L.L.C., operating as WebBox, has launched a digital growth agency in Dubai offering PR distribution, guest posting, SEO, GEO, web design and AI services to brands across the MENA region. The agency oper

Cellution Biologics Completes Acquisition of SimpliDerm® from Elutia Inc.

Acquisition expands Cellution Biologics’ human tissue-based portfolio and marks its entry into the U.S. reconstructive surgery market ROSWELL, Ga., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Cellution Biologics Inc. ("Cellution Biologics” or the "Company”), a biologics company focused on developing, manufacturing and commercializing advanced human tissue-based products, today announced the completion of its acquisition of the SimpliDerm hydrated human acellular dermal matrix (ADM) business from Elutia In

Countdown Appoints Julie Teer as Chief Executive Officer

Accomplished Healthcare, Nonprofit and Public Affairs Executive to Advance Countdown’s Mission to Accelerate Mitochondrial Science and Medicine Countdown Chief Executive Officer Julie Teer, Countdown CEO ATLANTA, Aug. 18, 2026 (GLOBE NEWSWIRE) -- Countdown, the global nonprofit accelerating mitochondrial science and medicine to transform the future of human health, today announced the appointment of Julie Teer as Chief Executive Officer, effective September 1, 2026. A nationally recognized healt

HEI Civil Colorado’s Charity Golf Tournament Raises Record $150,000 for Friends of Douglas County K-9

Sponsors, golfers and volunteers turned a day on the course into the most impactful fundraising effort in the tournament’s history HEI Civil presents check to Friends of Douglas County K-9 At their offices earlier this month, HEI Civil Presented Friends of Doulas County K-9 a check with the proceeds from their Fourth Annual Charity Golf Tournament Castle Rock, CO, Aug. 18, 2026 (GLOBE NEWSWIRE) -- HEI Civil Colorado, a leading heavy civil construction company, hosted its fourth annual charity go

Victor Smolyanov Launches Floor Nation, A Premier Home Improvement Platform Focused On Growth, Legacy, and Excellence

Award-winning entrepreneur Victor Smolyanov is building the next world-class platform in home improvement DETROIT, Aug. 18, 2026 (GLOBE NEWSWIRE) -- Award-winning entrepreneur and founder Victor Smolyanov announced the launch of Build Brands, a home services platform focused on acquiring, supporting, and scaling exceptional local businesses. Floor Nation, a premier flooring platform, will serve as the first brand under Build Brands as the company begins executing its long-term vision of helping

Etched Raises $700M at a $21B Valuation and Completes First Customer Delivery to Jane Street

New funding and first customer delivery kicks off a new era for Etched on their march to gigawatt-scale accelerated inference compute SAN JOSE, Calif., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Etched, the company building frontier inference clusters, today announced $700M in new funding in a round led by Jane Street with participation from Kleiner Perkins, Sequoia, Andreessen Horowitz, Tiger Global, Bain Capital Ventures, Neo, Primary, Stripes, Positive Sum and Blackstone at a $21B valuation. Etched al

Customs personnel handling seized goods to be issued body cameras

THE Bureau of Customs (BoC) plans to procure body cameras to better secure seized goods, following reports of attempted theft involving confiscated illicit cigarettes. In a statement on Tuesday, the BoC said it is implementing measures to improve the monitoring, protection and timely disposition of seized, forfeited and abandoned goods. “Among the measures is the […]

Galunggong, rice prices up; pork down in early Aug.

THE Philippine Statistics Authority (PSA) said prices of several key food commodities such as regular-milled rice, galunggong (round scad), and carabao mango rose month on month during the Aug. 1 to 5 period, which the PSA calls the first phase of August, with pork prices continuing to fall. The price of galunggong rose 1.3% month on month to P241.67 […]

LANDBANK’s P155-B financing package to help onboard PSALM to Link.BizPortal

LAND BANK of the Philippines (LANDBANK) said it approved a P155.0-billion Bilateral Term Loan Facility to onboard the Power Sector Assets and Liabilities Management Corp. (PSALM) to its Link.BizPortal digital payment platform. “At LANDBANK, we believe modernization must deliver real results for the public. Through this agreement, we are strengthening the financial and digital foundations […]

P210.93-million farm aid allocated to areas hit by storms, monsoon rains

THE Department of Agriculture (DA) said it will provide P210.93 million worth of farm inputs to assist farmers affected by Tropical Cyclones Luis and Maymay, as well as the enhanced southwest monsoon (habagat). In a bulletin released on Monday, the DA’s Disaster Risk Reduction and Management Operations Center said that among the farm inputs set […]

Australian healthcare group studying Philippine BPO operation

THE Philippine Economic Zone Authority (PEZA) said Australian healthcare provider Kairos Care and Kairos Medical Group are considering establishing outsourcing operations in the Philippines. “The delegation expressed solid interest in establishing export-oriented administrative and back-office operations serving its Australian and other global markets,” PEZA said in a social media post on Tuesday. The company is […]

CA overturns permit revocation of Villar’s SIPCOR

The revocation of S.I. Power Corporation's permits stemmed from prolonged outages in Siquijor in 2025, which the Energy Regulatory Commission linked to operational failures by the Villar-linked generator

Public consultation announced for draft order requiring certification of aluminum products

THE Department of Trade and Industry (DTI) said it is soliciting comment on a draft order that would require some aluminum products to undergo a certification process. “The draft DAO (department administrative order) covers the mandatory product certification of wrought aluminum and aluminum alloy products, with applicable requirements based on relevant Philippine National Standards,” it […]

Global economic zone association could set up regional headquarters in PHL

THE Bases Conversion and Development Authority (BCDA) said the World Free Zones Organization (WFZO) is considering setting up a regional office in the Philippines. In a recent meeting, WFZO executives discussed opportunities to promote the BCDA’s economic districts as global investment destinations, the BCDA said in a social media post on Monday. The WFZO discussed […]

Trump admin reportedly not expecting to reach Canada tariff deal

Canadian, U.S. officials push for a deal ahead of midnight tariff deadline - CBC

Easy-to-use GCash payment solutions help Filipino MSMEs grow their businesses

G-Xchange Inc. President and CEO Ren-ren Reyes, in a speaking engagement at the ANT Mo:Ments summit in Kuala Lumpur, Malaysia, stressed that digital tools must not only enable micro, small, and medium enterprises (MSMEs) to access digital payments but also improve the way they run their businesses.

Employed but stuck: Malaysia’s resilient labour market masks a career mobility gap

With 1.93 million tertiary-educated workers in roles below their qualification level, employment alone may no longer be an adequate measure of career progress. KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 18 August 2026 - Malaysia's labour market has remained resilient, with overall unemployment falling to 2.9% in the first quarter of 2026. However, the figures may conceal a deeper challenge faced by qualified workers who may be employed without meaningfully progressing in their careers. D

Linde Malaysia, Monash University Malaysia And Mida Champion Industrial Decarbonisation Through Landmark Tripartite Conference

A First-Of-Its-Kind Collaboration Uniting Industry, Academia And Government To Drive Sustainable Industrial Innovation In Support Of Malaysia’s National Energy Transition Roadmap (NETR) SELANGOR, MALAYSIA - Media OutReach Newswire - 18 August 2026 - Linde Malaysia Sdn Bhd, in partnership with Monash University Malaysia and the Malaysian Investment Development Authority (MIDA), successfully convened the Linde-Monash University Sustainability Conference 2026, a landmark tripartite summit that brou

Deutsche Messe and Singapore Manufacturing Federation Relaunch ITAP 2026

Registration opens for a renewed Industrial Transformation Asia-Pacific, bringing global industrial expertise together with Singapore's advanced manufacturing, AI and robotics ecosystem SINGAPORE, Aug. 18, 2026 /PRNewswire/ -- Industrial Transformation Asia-Pacific (ITAP) returns on 21-22 October 2026 at Suntec Singapore, marking the formal relaunch of the region's industrial platform under a new strategic partnership between Deutsche Messe and the Singapore Manufacturing Federation (SMF). Under

Bowtie Launches Brand-New "StillCover" Plan

Rely on Public Hospitals for Major Illnesses, Choose Private Ones for Minor Procedures Bowtie StillCover Restores the Power of Choice for Patients with "Three Highs" or Diabetes HONG KONG, Aug. 18, 2026 /PRNewswire/ -- Bowtie, Hong Kong's first virtual insurer[1], today announced the launch of a new Supplementary Medical Plan - "Bowtie StillCover" (available in Basic and Advance Plans). Designed as a powerful supplement to Hong Kong's public healthcare system, the plan addresses the pain points