Philippines Business News

Labuan IBFC places 44th in Global Financial Centres Index

The GFCI 40 results reflect the jurisdiction's increasing global recognition and continued development as a specialised financial centre KUALA LUMPUR, Malaysia, Oct. 13, 2026 /PRNewswire/ -- Labuan International Business and Financial Centre (Labuan IBFC) is currently ranked 44th out of 117 global financial centres in the latest Global Financial Centres Index (GFCI 40). The jurisdiction has made further improvement in its global standing, moving ahead by 11 places. The latest ranking reflects La

World Thrombosis Day campaign urges global action to protect women against blood clots

Global campaign brings together partners to raise awareness of women's unique blood clot risks, recognize warning signs and take action to prevent life-threatening events. CHARLOTTE, N.C., Oct. 13, 2026 /PRNewswire/ -- One in four people worldwide die from conditions caused by thrombosis, yet blood clots remain among the most overlooked and misunderstood serious health threats. On World Thrombosis Day, October 13, thousands of partners around the world unite to raise awareness of the warning sig

Aon and the European Bank for Reconstruction and Development expand war risk insurance facility for Ukraine

Brings guarantee scheme through the EBRD from €110 to €150 million to provide reinsurance capacity for international reinsurers and Ukrainian insurance companies to cover war related risks in UkraineUNIVERSALNA and USG join three previously announced Ukrainian insurance companies in the programDUBLIN, Oct. 13, 2026 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, and the European Bank for Reconstruction and Development (EBRD) announced the expansion of the highly

VT Markets Partners with Island Sports Club to Set the Gold Standard in Fitness and Trading

BALI, Indonesia, Oct. 13, 2026 /PRNewswire/ -- Global multi-asset broker VT Markets has announced a year-long partnership as the Official Partner of Island Sports Club, a premier sports and lifestyle network with locations in Canggu and Uluwatu, Bali, Indonesia. VT Markets Partners with Island Sports Club to Set the Gold Standard in Fitness and Trading At its core, trading and sporting activities like padel demand the same mindset: focus, calm under pressure, and flawless execution. Whether anal

NOVI Health expands its longevity offering and grows its physician-led team

Longevity Core and Signature offer a structured path from assessment to action SINGAPORE, Oct. 13, 2026 /PRNewswire/ -- NOVI Health announced an expanded Longevity offering anchored by Longevity Core and Longevity Signature (with Interventions), from S$1200. NOVI is also growing its physician team, with Dr Calida Chua joining from the beginning of November 2026. As Singapore's population ages, more people want to stay healthy, strong and independent for longer, not just live longer. The expanded

Matrix Promotion Celebrates 20 Years of IP Licensing and Co-Branding, Sets Sights on Global Markets

#MatrixPromotion #Matrix20Anniversary #Matrix20thAnniversary #IPLicensingAndCoBranding HONG KONG, Oct. 13, 2026 /PRNewswire/ -- In an era defined by individuality and cultural relevance, successful IP licensing and co-branding campaigns can enhance a brand's appeal and market visibility. Matrix Promotion Limited, a leading Hong Kong-based provider of one-stop IP licensing and co-branding solutions and customized corporate products, hosted the Matrix Group 20th Anniversary Celebration on Septembe

Beyond Equipment Rental: Why Technical Support Matters More on Today's Construction Sites

Aly Energy Singapore highlights the role of equipment selection, maintenance and responsive after-sales support alongside flexible rental solutions SINGAPORE, Oct. 13, 2026 /PRNewswire/ -- For construction companies, renting a machine is only one part of getting the job done. The equipment must suit the site, arrive ready for work and remain dependable throughout the project. When access is restricted, schedules are tight or lifting requirements are highly specific, choosing the wrong machine ca

New Plume Console Multiplies ISP Business Results by Putting AI Agents to Work on Cost to Serve, Churn Reduction and Revenue Growth

Plume Console gives every ISP team AI agents that autonomously find and resolve complex subscriber issues, turn months of analysis into a few clicks, while enabling operators to cut cost to serve, reduce churn and uncover new revenue opportunities VIENNA and PALO ALTO, Calif., Oct. 13, 2026 /PRNewswire/ -- Plume Design, Inc. ("Plume"), the award-winning AI-native platform used by more than 450 internet service providers (ISPs) across 60+ countries to run the securely connected home, today introd

Toku Brings Carrier-Grade APAC Connectivity to Zoom Contact Center

Toku's local numbers and voice connectivity for Zoom Phone now extend to Zoom Contact Center across 14 Asia Pacific markets. SINGAPORE, Oct. 13, 2026 /PRNewswire/ -- Toku Ltd. (SGX: TKU) ("Toku" or the "Company", and together with its subsidiaries, the "Group"), a Singapore-headquartered AI-powered customer experience (CX) platform, has extended its carrier-grade local numbering and public switched telephone network (PSTN) connectivity to Zoom Contact Center, giving enterprises a new choice of c

Fibocom Showcases SC153 5G Smart Module at NetworkX, Leveraging a Qualcomm Platform to Accelerate 5G Smart Device Development

VIENNA, Oct. 13, 2026 /PRNewswire/ -- As AI applications increasingly extend to end devices, smart devices are evolving from basic data connectivity toward real-time interaction and intelligent experiences, creating greater demand for high-speed, stable, low-latency wireless connectivity. Fibocom Showcases SC153 5G Smart Module At NetworkX 2026, Fibocom is showcasing its SC153 5G smart module for the first time. Built on the Qualcomm Dragonwing™ Q-4390 processor, SC153 addresses next-generation

Rona Therapeutics enters into global license agreement with Roche for ALK7-targeting RNAi therapy for obesity and metabolic diseases

SANTA BARBARA, Calif., Oct. 13, 2026 /PRNewswire/ -- Rona Therapeutics today announced it has granted Roche (SIX: RO, ROG; OTCQX: RHHBY) an exclusive worldwide license for Rona's investigational RNAi candidate targeting activin receptor-like kinase 7 (ALK7) utilizing the company's proprietary extrahepatic delivery platform. ALK7, encoded by the ACVR1C gene, is predominantly expressed in adipose tissue and is a genetically validated target for obesity and metabolic diseases. Inhibition of ALK7 by

Severe weather prompts call for stronger workforce resilience

Average weekly working hours in the Philippines fell to 39.2 hours in August from 40.6 hours in July…

IMF cites AI slowdown, spiking yields as looming global market risks

BANGKOK/WASHINGTON — The International Monetary Fund warned on Tuesday against “complacency” in global financial markets, citing risks from…

Goldman’s CEO Solomon says to watch political volatility around data centers

Meralco electricity rates rise in October 2026 as generation costs rise

Expect too Meralco's higher distribution charges to kick in next month, but a newly approved refund could soften that impact on consumers

Headline and core U.S. inflation gap seen widening in September - Truflation

NFA says rice imports could prevent food insecurity amid US import plans

The NFA said rice imports are still needed in the country to fill supply gaps and prevent food insecurity as local production only covers about 70% to 78% of the country’s rice needs.

Over P14M in livelihood projects delivered to Sorsogon fisherfolk

The Department of Agriculture–Bureau of Fisheries and Aquatic Resources (DA-BFAR) has provided more than P14 million worth of…

SLMC Bonifacio Global City MAP Corp. to hold Annual Meeting of the Stockholders through teleconference on Nov. 6

Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by…

[Vantage Point] Holiday dividend or market coal? What GCash could deliver by Christmas

Holiday dividend or market coal? What GCash could deliver by Christmas.

Business leaders, consumers demand solutions to Visayas power crisis at Cebu summit

Repeated power interruptions have drawn concern from domestic and international clients about Cebu's capability to support business needs, possibly affecting future transactions and partnerships, says a business leader

Fed’s Waller says US bond yield rise driven by growth, not inflation

Anthropic says new safeguards sharply reduce AI distillation attacks

ANTHROPIC said on Monday new measures designed to prevent rivals from copying the capabilities of its Claude AI…

Saudi Arabia’s Riyadh airport to stay shut this week amid Houthi attacks - Reuters