Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
10026 articles across all sources
Upholding due process in BIR tax assessments
Taxation is one of the inherent powers of the State. The famous dictum of the US Supreme Court Chief Justice John Marshall in McCulloch v. Maryland that “the power to tax involves the power to destroy” has long illustrated the breadth of the taxing power of the State. Taxes are the lifeblood of the government […]
Read more →Inside Mitsubishi’s long-term P7-B bet on PH-made hybrid vehicles
Mitsubishi is also betting that its decades-old brand loyalty and established customer base can hold their own against newer rivals such as BYD, as it targets a 20% market share this year
Read more →Gasoline, diesel prices down by over P4 this week
Bigger oil price rollback is expected this week.
Read more →Ramon Ang buys his way into Lopez Inc., which owns what he already builds
So far, what has actually changed hands is one family branch’s stake in the private company at the very top of the Lopez empire. Whether it leads to a direct ABS-CBN rescue is a question about what Ang, and the Lopez family, do next.
Read more →Affected people climb to 1.3 million due to recent bad weather; relief provided reaches P39 million — DSWD
The Department of Social Welfare and Development (DSWD) on Monday said more than 1.3 million people have been affected by the southwest monsoon and tropical cyclones Luis and Maymay, with a total of P39.37 million in humanitarian assistance already provided. DSWD Secretary Rexlon T. Gatchalian cited the figures during a Palace press briefing, where he […]
Read more →WATCH: No Balintawak floods- Artes
MMDA Chairman Don Artes clarified that no flooding was observed in the Balintawak area, dispelling videos circulating online. Artes advised the public to be wary of false information about flooding.
Read more →Who is the contractor?
DPWH Secretary Vince Dizon said they need to identify the contractor behind the collapsed Forbes Park wall to exact accountability. On Saturday, Dizon said the wall that fell was built with substandard materials. The collapsed wall occupied 2 lanes of the northbound side of EDSA, which caused traffic.
Read more →WATCH: Ombudsman visits Cebu
DPWH Secretary Vince Dizon said they need to identify the contractor behind the collapsed Forbes Park wall to exact accountability. On Saturday, Dizon said the wall that fell was built with substandard materials. The collapsed wall occupied 2 lanes of the northbound side of EDSA, which caused traffic.
Read more →Oculis Signs Asset Purchase Agreement with Accure Therapeutics for Lead Candidate, Privosegtor, Fortifying Oculis’ Position as an Emerging Leading Neuro-Ophthalmology Company
Transaction will enhance Oculis’ strategic flexibility and ownership of Privosegtor while driving long-term value creationTransaction consideration includes $3.8 million up-front cash payment at closing and up to 2,050,000 Oculis ordinary shares subject to lockup release over a period of up to 2 years, or vesting upon achievement of development and regulatory milestonesPrivosegtor, a neuroprotective drug candidate, is currently being investigated in registrational trials with initial indications
Read more →Novonesis to acquire remaining share of MicroBioGen to strengthen yeast capabilities
Novonesis to acquire remaining share of MicroBioGen to strengthen yeast capabilities COPENHAGEN, Denmark, August 10 - Novonesis has signed an agreement with the intent to acquire MicroBioGen, an Australian biotechnology company with leading scientific expertise in yeast strains for industrial applications, particularly in bioethanol. The acquisition builds on Novonesis’ 2013 investment in MicroBioGen and its current 23% stake, further strengthening a decade-long collaboration in advanced yeast s
Read more →Storebrand Europe Index - announcement of prospectus
Lysaker, 10 August 2026 Storebrand hereby announces the Prospectus with Articles of AssociationAppendix to the Prospectus ("tillæg” relevant to Danish investors) for Storebrand Europe Index, an index aware equity fund. The fund has been accepted for listing at Nasdaq Copenhagen and is scheduled for trading on Wednesday 12 August 2026. At end of business on 7 August 2026 the fund had the following diversification characteristics for the shareclass to be listed, Storebrand Europe Index A5 - ISIN N
Read more →SM Retail helps move Philippine retail forward at the 32nd National Retail Conference and Expo
As the Philippine Retailers Association (PRA) marked its 50th anniversary, SM Retail continued to play a key role in shaping the future of the industry as the exclusive Diamond Sponsor of PRA’s 32nd National Retail Conference and Expo (NRCE) last Aug. 6–7, 2026 at the SMX Convention Center Manila. For SM Retail, this year’s conference […]
Read more →New ReSound Sensia™ hearing aids lift the voice you want to hear - not just the loudest
Automatically, accurately, proven. BALLERUP, Denmark, Aug. 10, 2026 /PRNewswire/ -- GN, a global leader in hearing technology, announces ReSound Sensia™, a new family of premium hearing aids built on the company's new AI platform. ReSound Sensia combines the world's most accurate environmental classifier, an advanced 4-microphone directional beamformer and Deep Neural Network (DNN) noise reduction to automatically lift the speech the user wants to focus on. This powerful combination of technolog
Read more →Castro laughs off VP statement that Marcos is pro-China
MANILA, Philippines — Presidential Communications Office Undersecretary Claire Castro said Vice President Sara Duterte's remark that President Ferdinand Marcos Jr. could be "pro-China" was laughable. She made the statement after Duterte challenged Defense Secretary Gilberto Teodoro Jr. to produce a list of officials accused of defending China, arguing that without specific names, even President Marcos could fall under public suspicion. "I laughed," Castro told The Manila Times. "I don't kn
Read more →Global Power Solutions signs non-binding LOI with SolarZone Energy for potential deployment of modular power systems
Vancouver, BC, Canada, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Global Power Solutions Corp. (TSX Venture Exchange: PWER; Frankfurt Stock Exchanges: NJA) ("Global Power” or the "Company”) is pleased to announce that it has entered into a non-binding letter of intent (the "LOI”) with Solar Zone LLC, operating as SolarZone Energy ("SolarZone”), to evaluate the potential deployment of Global Power’s proposed 5 megawatt ("MW”) modular decentralized power systems across multiple sites in the United States.
Read more →Percona Live Amsterdam Brings Community Together Around Future For Open Source Databases
Engineers, database leaders and developers cover range of open source projects that underpin critical applications at scale RALEIGH, N.C., Aug. 10, 2026 (GLOBE NEWSWIRE) -- Percona, a global leader in enterprise-grade open source database software and services, will host Percona Live in Amsterdam from September 9 - 11, 2026. Percona Live Amsterdam brings together innovators, architects and developers to discuss emerging technologies and approaches around data at the largest independent open sour
Read more →46/2026・Trifork Group: Weekly report on share buyback
Schindellegi, Switzerland - 10 August 2026 Trifork Group AG Company announcement no. 46/2026 Weekly report on share buyback On 27 February 2026, Trifork initiated a share buyback program in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buyback program runs from 2 March 2026 up to and including no later than 31 December 2026. For details, please see comp
Read more →PRU FY26 Results Investor Webinar
Perth, Western Australia, Aug. 10, 2026 (GLOBE NEWSWIRE) -- FY26 RESULTS INVESTOR WEBINAR / CALL Perseus Mining Limited (ASX/TSX: PRU) is hosting an investor webinar and conference call to discuss its FY26 Results, which are anticipated for release around 8:30am AEST on Wednesday, 26 August 2026. CALL DETAILS Australia: Wednesday 26 August 2026 Perth - 7:00am Sydney/Melbourne - 9:00am Canada: Tuesday 25 August 2026 Vancouver - 4:00pm Toronto - 7:00pm UK: Wednesday 26 August 2026 London - 12:00 m
Read more →LANDBANK marks 63 years with global honors for innovation, inclusion, and dev’t impact
As LANDBANK celebrates its 63rd anniversary, the Bank continues to earn prestigious international and local recognition for advancing financial inclusion, digital transformation, sustainable finance, and nation-building. Global Banking and Digital Leadership Among its most notable distinctions, LANDBANK was named Philippines’ Best Retail Bank at the prestigious Euromoney Awards for Excellence, one of the banking industry’s […]
Read more →Sex doll 'mistaken' for murder victim in Australia
SYDNEY — A lifelike sex doll was briefly "mistaken" for a murder victim after it was found inside a suitcase dumped in rural Australia, police and local media said on Monday. Two men were driving through the Australian countryside on Sunday when they stumbled across an abandoned suitcase seemingly packed with human remains. A strike force of homicide detectives and forensic experts was set up to solve what police initially treated as a murder. But tests soon showed the suitcase was actuall
Read more →TICKETS FOR THE NBA CHINA GAMES 2026 PRESENTED BY TAOBAO 88VIP FEATURING THE DALLAS MAVERICKS AND HOUSTON ROCKETS TO GO ON SALE ON AUG. 12
- Mavericks and Rockets Will Play Preseason Games on Oct. 9 and 11 at The Venetian Arena in Macao - - Star-Studded Lineup of Artists from Across Asia to Perform at Games and NBA Fan Day - MACAO, Aug. 10, 2026 /PRNewswire/ -- The National Basketball Association (NBA) and Sands China Ltd. (HKEx: 1928.HK) today announced that tickets for The NBA China Games 2026 presented by Taobao 88VIP and NBA Fan Day presented by Alibaba Cloud will go on sale to the public on Wednesday, Aug. 12 at 12 p.m. China
Read more →Toobit Adds Instant Demo With No Registration Required
GEORGE TOWN, Cayman Islands, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Toobit, the award-winning global cryptocurrency exchange, today announces the rollout of Instant Demo, reducing the friction new traders face when experiencing Toobit's trading suite. Built to simplify onboarding, the new feature provides prospective traders with 10,000 USDT in Demo Trading funds within a live market environment. Unlike Demo Trading, which requires traders to log in or sign up first, Instant Demo lets traders jump st
Read more →The consolidated sales of VILVI Group July 2026
VILVI Group, which consists of Vilkyškių pieninė AB, Modest AB, Kelmės pieninė AB, Kelmės pienas UAB, Pieno logistika AB, Baltic Dairy Board SIA and Marijampolės pieno konservai UAB, which joined the Group on 16 January 2026, consolidated sales for July 2026 amounted EUR 35.53 million - 44.6% increase comparing to July 2025. The consolidated sales of the Group for period January - July 2026 amounted to EUR 223.31 million - 33.4% increase comparing to the same period last year. Vilija Milaseviciu
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