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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

10054 articles across all sources

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PhilStar Business

Shares drop anew as investors cash in

The local stock market declined for the second straight session as investors opted to take profits late in the session.

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PhilStar Business

SSS increases stake in Century Properties

The Social Security System (SSS) has raised its stake in Century Properties Group. Inc. of the Antonio family to nearly 10 percent with the acquisition of additional common shares.

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PhilStar Business

Understanding system loss

As someone who has been in the power industry for close to 40 years, lived through the worst power crises with blackouts lasting up to 12 hours, witnessed the reforms that reshaped the industry, and saw the birth of the Electric Power Industry Reform Act in 2001, I firmly believe the current conversation on system loss deserves a deeper understanding.

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Manila Times Business

Paramount CEO: Politics fueling WB merger battle

WASHINGTON, D.C. — Paramount CEO David Ellison said on Tuesday that the legal battle over his proposed multibillion-dollar takeover of Warner Bros. Discovery was fueled by politics rather than concerns over market share. His remarks in an opinion piece published in The New York Times came as a federal judge set a March 2027 trial date for the antitrust challenges to the megamerger. Ellison’s Paramount Skydance agreed late last month to delay its $110-billion merger with Warner Bros.

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Manila Times Business

NEURONES: Organic growth up 8% in 2nd quarter 2026

PRESS INFORMATION Heading: 1st half 2026 revenues Nanterre, August 5, 2026 (after trading) Organic growth up 8% in 2nd quarter 2026 Revenues (millions of euros)20252026Growthof which organicQ1214.1227.7+ 6.3%+ 5.6%Q2210.2227.1+ 8.0%+ 8.0%Total H1 revenues424.3454.8+ 7.2%+ 6.9%Achievements Organic growth accelerated to 8% in the second quarter. The most significant gains were seen in data activities, digital projects, ITSM engagements (ServiceNow) and Business Process Management. At the same time

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Manila Times Business

Covered Taps Mortgage Servicing Veteran Brad Vasto as EVP Sales - Servicing

Denver, Colorado, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Covered, the digital insurance agency purpose-built for mortgage institutions, today announced the appointment of Brad Vasto as EVP Sales - Servicing. In the newly created role, Vasto will lead the servicing side of Covered's sales organization, deepening relationships with banks, credit unions, independent mortgage banks and servicers as demand accelerates for insurance solutions embedded directly inside the servicing experience. Vasto brings

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Manila Times Business

Rocket Software Named a Challenger in the 2026 Gartner® Magic Quadrant™ for AI-Augmented Code Modernization Tools

Recognition highlights Rocket’s ability to execute and completeness of vision WALTHAM, Mass., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Rocket Software, a global technology leader in modernization software, today announced it has been named a Challenger in the 2026 Gartner® Magic Quadrant™ for AI-Augmented Code Modernization Tools. We feel this recognition highlights Rocket Software’s ability to help enterprises modernize mission-critical applications with AI-assisted analysis, business-rule extraction,

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Manila Times Business

Treasury Bond Auction Announcement - RIKB 29 0416 - RIKB 42 0217 - Switch Auction or Cash payment

SeriesRIKB 29 0416RIKB 42 0217ISINIS0000039121IS0000033884Maturity Date04/16/202902/17/2042Auction Date08/07/202608/07/2026Settlement Date08/12/202608/12/202610% addition08/11/202608/11/2026 Buyback issueRIKB 26 1015 Buyback price (clean)99.7100 On the Auction Date, between 10:30 a.m. and 11:00 a.m., the Government Debt Management will auction Treasury bonds in the Series, with the ISIN numbers and with the Maturity Dates according to the table above. Article 6 of the General Terms of Auction fo

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Manila Times Business

INTERPOL to Join the IDB Rapid Response Task Force to Support Security in Latin America and the Caribbean

Regional Security and Justice Summit in Brazil Press Conference Inter-American Development Bank Group (IDB Group) President Ilan Goldfajn, INTERPOL Secretary General, Valdecy Urquiza, and Minister of Justice and Public Security of Brazil, Wellington Lima e Silva, hold a press conference at the Regional Security and Justice Summit in Brazil. BRASILIA, Brazil, Aug. 05, 2026 (GLOBE NEWSWIRE) -- At the Regional Security and Justice Summit in Brazil, the Inter-American Development Bank (IDB) and INTE

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Manila Times Business

Big Blue Bubble brings "Weird Al” Yankovic to the Musical World of My Singing Monsters

The Monster World is getting "Bigger and Weirder” as Grammy Award-winning master of parody, "Weird Al” Yankovic is set to make his My Singing Monsters debut as the Legendary Monster "Alcordion” London, ONTARIO, Aug. 05, 2026 (GLOBE NEWSWIRE) -- One of the most sought-after collaborations in the history of My Singing Monsters is finally about to become a reality, as musician, songwriter and entertainer extraordinaire "Weird Al” Yankovic is arriving in the game in Monster form. A perfect fit for t

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Manila Times Business

DP World Expands Cold Chain Capabilities With New €48M Antwerp Hub

Huge investment to boost capabilities supporting customers in healthcare, pharmaceuticals, perishables and other specialist industries Antwerp picture 1 DP World’s planned temperature-controlled logistics hub at the Port of Antwerp, a EUR 48 million investment that will enhance cold chain capacity and provide seamless multimodal connectivity. Antwerp picture 2 Warehouse mock-up of DP World’s future logistics facility in Antwerp, designed to strengthen Europe’s supply chains through specialised t

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Manila Times Business

President Marcos welcomes four new non-resident ambassadors in Malacañang

MANILA, Philippines — President Ferdinand Marcos Jr. on Tuesday welcomed in Malacañang the non-resident ambassadors of Lesotho, Dominican Republic, Gambia, and Gabon, as he expressed hope to forge stronger relations with their respective countries. Ambassadors Retselisitsoe Theko (Lesotho), Reinaldo Rafael Espinal, (Dominican Republic), Masanneh Nyuku Kinteh (Gambia), and Landry Mboumba, (Gabon) presented their letters of credence to the President. In meeting Theko, Marcos said he l

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Manila Times Business

China and U.S. Business Communities Strengthen Ties, Explore New Opportunities for Supply Chain Cooperation

CHICAGO, Aug. 5, 2026 /PRNewswire/ -- On July 30, 2026, the China-U.S. Economic and Trade Cooperation Forum and the 5th China International Supply Chain Expo (CISCE) Roadshow was held in Chicago. More than 180 business and government representatives from both countries were brought together for discussions. U.S.-China Economic and Trade Cooperation Forum The 5th China International Supply Chain Expo Roadshow In his remarks, Ren Hongbin, Chairman of the China Council for the Promotion of Internat

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Manila Times Business

OiiOii AI Launches AI Music Video Creator That Turns Songs Into Fully Produced Music Videos in Minutes

New end-to-end AI workflow analyzes music, understands lyrics, builds storyboards, generates cinematic visuals, and delivers professionally edited music videos in one creative process LOS ANGELES, Aug. 5, 2026 /PRNewswire/ -- OiiOii AI, the AI-powered creative platform designed to help creators produce professional-quality content with teams of intelligent AI agents, today announced the launch of its AI Music Video feature-an end-to-end production system that transforms a song into a complete, p

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Manila Times Business

What Is "A.R.M.”? One Tech Expert Says It Could Be the Biggest Product Elon Musk Has Ever Built

In a new presentation, James Altucher explains the prediction behind the codename and how he believes everyday investors can position for it Washington, D.C., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Behind the codename is a prediction James Altucher says could dwarf anything Elon Musk has done before. In a new presentation, the former hedge fund manager explains what he means by "A.R.M.,” why he ties it to Tesla’s robotics ambitions, and how he believes everyday investors can position for it. Decoding

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Manila Times Business

Skyhigh Security Ranked #1 in Advanced SSE Use Case in 2026 Gartner® Critical Capabilities for Security Service Edge

Also recognized in the 2026 Gartner® Magic Quadrant™ for SSE as AI security, data sovereignty and hybrid resilience reshape enterprise requirements SAN JOSE, Calif., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Skyhigh Security, the leader in data-centric Security Service Edge (SSE), today announced it ranked first among eight evaluated vendors in the Advanced SSE Use Case of the 2026 Gartner® Critical Capabilities Report for Advanced SSE., The report, which assesses products and services against various c

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Manila Times Business

Wizstar Among the First to Integrate Seedance 2.5

NEW YORK, Aug. 5, 2026 /PRNewswire/ -- Wizstar will be among the first platforms to integrate Seedance 2.5, bringing the next generation of AI video creation to creators and enterprises. As AI video technology continues to evolve, users are demanding longer, higher-quality, and more controllable video generation. The integration of Seedance 2.5 will further expand Wizstar's AI video capabilities, giving users early access to one of the industry's latest video generation models. Seedance 2.5 on W

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Manila Times Business

New Publications Highlight Challenges in Recognizing and Treating Anaphylaxis in Infants and Toddlers

Two newly published papers underscore the need for increased awareness, caregiver education, and preparedness to help ensure timely use of epinephrine during severe allergic reactions Glen Allen, VA, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Kaléo today highlighted findings from two newly published papers that shed light on challenges in recognizing and treating anaphylaxis in infants and toddlers. Because signs and symptoms in young children may differ from those seen in older children and adults, seri

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Manila Times Business

IDB Expands Financing for Security in Latin America and the Caribbean to $4 Billion

Expanded pipeline responds to the region’s demands and builds on the success of the Alliance for Security, Justice and Development IDB Group President Ilan Goldfajn IDB Group President Ilan Goldfajn speaks at the Security Summit in Brasilia BRASILIA, Brazil, Aug. 05, 2026 (GLOBE NEWSWIRE) -- At the Regional Security and Justice Summit in Brazil, the Inter-American Development Bank (IDB) announced a historic expansion of financing for security in Latin America and the Caribbean from its previous

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Manila Times Business

Latisha Rose Appointed President and General Manager of Orbitel Communications

MARICOPA, Ariz., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Orbitel Communications, a locally-based broadband communications company providing voice, video, mobile, and multi-gigabit high speed internet connectivity, has officially appointed Latisha Rose to President and General Manager. Serving as interim President and GM since September 2025, Rose extends her leadership role and continues to drive the development of the local go-to-market strategy and key initiatives. She manages the organization with

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Manila Times Business

Flock Conducting Nationwide Safety Audit of Camera Pole Installations

More than a dozen already adjusted in Tennessee Atlanta, GA, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Flock has kicked off a nationwide review of camera pole installations across its network to ensure they are best positioned for drivers’ safety. While Flock’s installation standards are already designed to comply with strict transportation, accessibility, and engineering standards, recent feedback highlighted opportunities to optimize specific locations. Meeting existing standards is important, but Flo

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Manila Times Business

Egnyte Launches AI-Powered Workflow Automation With Built-In Governance to Help Organizations Scale Efficiently and Securely

New bulk extraction capabilities, natural-language-based agent building, a next-gen workflow builder, a new AI interface with document creation, and Regulation-to-Audit capabilities give regulated teams the ability to automate document-intensive processes in a governed environment, without IT dependency MOUNTAIN VIEW, Calif., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Egnyte, a leader in secure content collaboration, intelligence, and governance, today announced new AI-powered workflow automation capabil

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Manila Times Business

MEXC 0808 debuts as an annual brand event with Stock Season and a $500,000 prize pool

MUTSAMUDU, Comoros, Aug. 05, 2026 (GLOBE NEWSWIRE) -- MEXC, a pioneer in 0-fee digital asset trading, today unveiled MEXC 0808: Stock Season, the inaugural edition of its annual brand celebration centered on 0 Fees and Infinite Opportunities. Early bird registration is now open, ahead of the main campaign launch on August 8, offering participants the opportunity to compete for a share of a $500,000 prize pool. The launch establishes MEXC 0808 as an annual brand milestone built around 0 Fees and

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BusinessWorld Economy

DENR sees potential P38T in forestry investments

THE Department of Environment and Natural Resources (DENR) said it will open up suitable forest land for investment, adding that forests could generate up to P38 trillion from parties interested in developing them. Sustainable forestry investments are projected to generate P38 trillion in production value from 2027 to 2052, specifically from agroforestry and tree plantation […]

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