Philippines Business News

Arca sweeps ASEAN+ Age Group Chess Championships

International Master Christian Gian Karlo Arca of Zamboanga City completed a remarkable sweep in the open under-20 division by winning the individual gold medal in standard, rapid and blitz events at the 24th ASEAN+ Age Group Chess Championships in Singapore from Aug. 7 to 17, 2026. Arca also towed the Philippine team to the gold medal in standard chess and silver medals in rapid and blitz. Overall, he went home with four gold medals and two silvers. "I would like to dedicate my victory to my fa

V3 Group’s Health and Wellness Supplements Brand LAC Acquires MASQUELIER’S® French Pine Bark Extract; Continues Business Expansion Across East Asia, the Middle East and Africa

SINGAPORE - Media OutReach Newswire - 18 August 2026 - V3 Group Limited, the Singapore-based holding company with a diversified portfolio spanning well-being, luxury gourmet, capital markets, real estate, and integrated healthcare services segments, announced today that its health and wellness supplements arm, LAC Global ("LAC"), has completed the acquisition of MASQUELIER'S® French Pine Bark Extract ("MASQUELIER'S®"). By acquiring MASQUELIER'S® patented technology, LAC brings over 70 years of p

North dominates best-ball, wrests 3-point lead in JPGT Finals

MANILA, Philippines – Team North showed its class, resolve and championship mettle right from the opening tee, overcoming the so-called homecourt advantage to seize a commanding 7 1/2-4 1/2 lead over Team South in the Four-ball format at the start of the ICTSI North vs South Elite Junior PGT Championship at the Pueblo de Oro Golf and Country Club in Cagayan de Oro Tuesday. Playing on unfamiliar turf and against a South squad expected to draw strength from local knowledge, the defending cha

One Account Trades Global Assets: BiNet, BiFu's Unified Asset Trading Network

HONG KONG, Aug. 18, 2026 /PRNewswire/ -- All-asset trading platform BiFu has brought its assets and trading services under BiNet, a unified asset trading network linking crypto, forex, commodities, stock CFDs, real-world assets (RWA), and prediction markets to one account and funding system. Complete KYC once, and every market opens with the same account and the same pool of funds. More than a reorganisation of features, this is a shift in positioning: from an all-asset exchange to a "network th

Aitech Announces New U-C6850 SOSA-Aligned Rugged High-Speed Ethernet Switch/Router for Defense and Aerospace Systems

CHATSWORTH, Calif., Aug. 18, 2026 /PRNewswire/ -- Aitech, a global leader in AI-powered rugged embedded computing and connectivity systems for defense and space applications, today announced the new U-C6850 10/40GbE Fully Managed Ethernet Switch/Router, a SOSA®-aligned, high-speed, flexible and secure Ethernet connectivity solution for military and aerospace systems. Aitech is a leading provider of rugged embedded systems for use in military aerospace and space platforms As its first SOSA-aligne

Envision Energy Inaugurates Philippines National Distribution Center, Enhancing Supply Chain Resilience and Lifecycle Services Across Southeast Asia

BATANGAS, Philippines, Aug. 18, 2026 /PRNewswire/ -- Envision Energy, a global leader in green technology, has inaugurated its Philippines National Distribution Center, marking another milestone in strengthening its localized supply chain and lifecycle service capabilities in the Philippines. The facility underscores Envision's long-term commitment to the country's renewable energy sector while reinforcing the operational foundation for a more resilient Future Energy System across the Philippine

Himax WiseEye Palm Vein Biometric Authentication Technology Powers WAFERLOCK L322 Smart Lock

Advancing Next-Generation Smart Access Solutions with Contactless Authentication, Enhanced Security, and Privacy Protection TAINAN, Taiwan and TAICHUNG, Taiwan, Aug. 18, 2026 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) ("Himax” or the "Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, and WAFERLOCK Corporation (TPEx: 6474) ("WAFERLOCK”), a Taiwan-based provider of smart lock and access control solutions, today jointly anno

cBrain awarded first contract with the State of California

Company Announcement no. 08/2026 cBrain awarded first contract with the State of California Copenhagen, August 18, 2026 In February, cBrain (NASDAQ: CBRAIN) was invited by the State of California to conduct a 12-week informal Proof of Concept (PoC), focused on using AI and Natural Language Processing (NLP) to reduce redundancies and duplicative work by government agencies in California. cBrain is now pleased to announce that the Governor's Office of Land Use and Climate Innovation in California

Hepsor AS to hold a webinar introducing the planned public offering of series II bonds

Hepsor AS will hold a webinar to present the company’s operations, development portfolio, and the planned public offering of Series II bonds under Hepsor AS’s bond programme. Webinar in Estonian 27 August 2026, 13:00-14:00 Registration for the webinar is available at the following link: EST webinar Webinar in English 27 August 2026, 15:00-16:00 Registration for the webinar is available at the following link: ENG webinar During the webinar, Martti Krass, Member of the Management Board of Hepsor A

Banks, retirees, the business: Where will ABS-CBN’s P6-billion rescue go?

When stockholders of ABS-CBN finally meet on Wednesday, August 19, the question hanging is no longer simply who was willing to rescue it. It is where the rescue money will go, how much will be spent paying for ABS-CBN’s past, and how much will remain to build its future.

Set Off on a Solo Journey to Reconnect with Yourself, Recharge, Embrace New Experiences and Rediscover Joy in Your Own Way

BANGKOK, THAILAND - Media OutReach Newswire - 18 August 2026 - As travel becomes less about simply changing destinations and more about spending meaningful time with oneself, solo travel is gaining popularity among today's travellers. From working professionals and lifestyle travellers to those seeking time to rest, recharge and find new inspiration, more people are embracing the freedom to shape their journeys around their own interests, pace and preferences. This trend reflects ONYX Hospitalit

Two LPAs, tropical depression monitored as southwest monsoon persists

Two low-pressure areas (LPAs) and a tropical depression are being monitored as the southwest monsoon continues to threaten Luzon and Visayas, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Tuesday. Both of the LPAs have a high chance of developing into a tropical depression within the next 24 hours, PAGASA said […]

Watch: Strong winds, rain, uproot century-old tree

Strong winds, rain, uproot century-old tree Century old acacia tree is uprooted due to the strong winds and heavy rains along Edsa Kamuning in Quezon City in the early hours of Aug. 18, 2026. VIDEO BY ISMAEL DE JUAN Check out our Streaming Channel: https://streaming.manilatimes.net/ Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe Visit our website at https://www.manilatimes.net Follow us: Facebook - https://tmt.ph/facebook Instagram - https://tmt.ph/instagram Twitter - https:/

Smith+Nephew and Imperial College London launch centre to accelerate innovation in surgical robotics

Marking a new approach to innovation in medical robotics, the new centre will bring advances from a leading surgical robotics research group to patients more quickly Smith+Nephew (LSE:SN, NYSE:SNN), the global medical technology company, and Imperial College London have launched a five-year partnership to deliver breakthrough research and innovation for robotic surgery for musculoskeletal conditions. The first-in-kind partnership will bring together a globally renowned academic laboratory with e

Coultreon Biopharma Appoints Prista Charuworn, MD as Chief Medical Officer

Dr. Charuworn’s extensive immunology drug development experience will help accelerate the clinical development of Coultreon’s first-in-class SIK3 inhibitor COL-5671 Leuven, Belgium. August 18, 2026. Coultreon Biopharma, a clinical-stage biotechnology company developing best-in-class immunology therapies, today announced the appointment of Prista Charuworn, MD, as Chief Medical Officer. Dr. Charuworn completed fellowships in gastroenterology and transplant hepatology at Stanford and has extensive

Keep Your Cool When the Vibes Heat Up: Desperados and Paolina Russo Drop the Ultimate Festival Jacket Powered by Frozen Beer

This summer, Desperados and acclaimed designer Paolina Russo have created the Freeze-Fit: a limited-edition festival jacket cooled by Desperados FreezeCombining thermochromic fabrics, integrated cooling technology and a bold design, the jacket helps festival-goers forget the forecast and focus on letting looseCreated to solve the classic festival dilemma of whether to bring a jacket or not, the Freeze-Fit is designed to help festival-goers forget the forecast and let loose whatever the weather,

Cloud 9 Vets calls on the CMA to add at-home pet euthanasia to the new mandatory vet price list

Research by the UK in-home veterinary provider found 67% of pet owners had no idea a vet could come to the house to put pets to sleep. Chichester, West Sussex, Aug. 18, 2026 (GLOBE NEWSWIRE) -- Cloud 9 Vets, a national provider of at-home pet euthanasia and in-home veterinary care, has formally asked the Competition and Markets Authority to list at-home euthanasia separately from in-practice euthanasia on the standard price list every UK veterinary practice will soon be required to publish. Clou

No U.S. talks with Iran ongoing or scheduled, Trump says

Xsolla seeks to help Philippine indie studios go global

Global video game commerce company Xsolla is seeking to help Philippine indie game developers move beyond the domestic market and build globally competitive studios as interest in game development continues to grow in the country. Xsolla head of partnerships in the Asia Pacific Eric M. Lee said the Philippines already has the creativity, technical skills […]

Habagat forecast holds as heavy rains flood Metro Manila

The Southwest Monsoon, or Habagat, continues to bring heavy rains over Metro Manila and parts of Luzon, with flooding reported across several areas of the capital as rainfall intensified on Monday. The situation also highlights the importance of understanding PAGASA’s color-coded rainfall warnings, which are meant to guide communities on when to stay informed, prepare […]

Mag-iina wins Best Picture at 22nd Cinemalaya

The psychological horror film Mag-iina, took home the trophy for Best Film at the 22nd Cinemalaya Philippine Independent Film Festival during the awards ceremony on Aug. 17 at the Shangri-La Plaza, one of six awards it won that night. Directed by Giancarlo Abrahan and written by Guelan Varela Luarca, the film follows three generations of […]

Two individuals dead in Zamboanga school shooting

The Ateneo de Zamboanga University (AdZU) confirmed that two individuals were dead following the school shooting on its campus on Tuesday morning. “We are in the process of working with the police for us to be able to identify them so that we can communicate first to their loved ones,” AdZU President Guillrey Anthony “Ernald” […]

TSX futures inch lower amid Mideast tensions, looming U.S. tariff deadline

Solora Philippines: Building premium glamping destinations under ZK Summit Holdings, Inc.

Solora Philippines is helping reshape the country’s outdoor hospitality industry by enabling landowners, resort developers, and tourism entrepreneurs to create premium glamping destinations without immediately constructing a full-scale hotel. The brand operates under ZK Summit Holdings, Inc., a Philippine group of companies founded by Dr. Mary Cruz and Mr. Khelvin P. Cruz, CPA. Solora is also a sister […]