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Philippines Business News

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

10033 articles across all sources

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Manila Times BusinessOct 11, 2026

Formula One: Singapore Grand Prix results

SINGAPORE — Results from Formula One Singapore Grand Prix at the Marina Bay Street Circuit (62 laps): 1. Max Verstappen (NED/Red Bull) 305 km in 1hr 42min 0.785sec, 2. Charles Leclerc (MON/Ferrari) at 7.335sec, 3. Kimi Antonelli (ITA/Mercedes) at 24.573, 4. Lando Norris (GBR/McLaren) at 40.506, 5. Oscar Piastri (AUS/McLaren) at 49.644, 6. Lewis Hamilton (GBR/Ferrari) at 53.188, 7. Liam Lawson (NZL/RB) at 1:21.666, 8. Nico Hulkenberg (GER/Audi) at 1:23.386, 9. George Russell (GBR/Mercedes)

Manila Times BusinessOct 11, 2026

Jindong, Zhejiang: Building on the Yangtze River Delta Sci-Tech Innovation Corridor, Seizing the AI Wave to Forge New Industrial Strengths

JINHUA, China, Oct. 11, 2026 (GLOBE NEWSWIRE) -- Jinyi Lake Forum · 2026 Intelligent Agent OPC Innovation Conference was held at Jinyi Lake Innovation Circle. As a demonstration zone for industry-city integration in the Yangtze River Delta G60 Sci-Tech Innovation Corridor, the Jindong District of Jinhua, Zhejiang, is taking innovation-driven development as its core, seizing the opportunities presented by the AI industrial revolution, and relying on the construction of the Jinyi Lake Innovation C

Manila Times BusinessOct 11, 2026

Magnolia routs Ginebra, seals playoff spot

MANILA, Philippines — Magnolia started like a house on fire and managed to sustain its hot start to pulverize Barangay Ginebra, 112-93 to seal a playoff berth in the PBA Season 50 Governors’ Cup on Sunday at the Araneta Coliseum. Six Hotshots scored in double figures led by Zavier Lucero who flirted with a double-double after finishing with 21 points and nine rebounds. Jerome Lastimosa added 16, Mark Barroca had 15, while import KJ Buffen produced 14 and 10 rebounds. Peter Alfaro and

Manila Times BusinessOct 11, 2026

Hurricane Simon pounds resorts and vulnerable towns along Mexico’s Pacific coast

PUERTO VALLARTA, Mexico — Hurricane Simon was pounding Mexico’s Pacific coast as a Category 4 storm on Sunday, its eye remaining just offshore as its most powerful winds and rain slammed people living between the Sierra Madre and the ocean. Simon’s eye was moving northward just off the coast, and forecasters at the U.S. National Hurricane Center said it’s not clear if it will make landfall. This could mean Simon maintains its extremely dangerous strength, sustaining winds

Manila Times BusinessOct 11, 2026

Perpetual scores first win, keeps playoffs hopes alive in SSL Unity Cup

MANILA, Philippines — University of Perpetual Help System DALTA outworked San Beda University in a challenging marathon showdown, 28-30, 25-19, 23-25, 25-17, 16-14, to enter the win column in the 2026 Shakey’s Super League (SSL) Unity Cup on Sunday at the Rizal Memorial Coliseum. Jemalyn Menor took over on offense but Cyrille Almeniana delivered the crucial points in the extended deciding set as the Lady Altas bounced back from an opening-day loss. Perpetual tied idle Letran in secon

Manila Times BusinessOct 11, 2026

‘Moms Offering More’ Launches Limited Crewneck Collaboration With Archewell Philanthropies in Support of Alliance for Moms

VANCOUVER, Oct. 11, 2026 (GLOBE NEWSWIRE) -- Moms Offering More, a community of women supporting mothers and historically underserved families across Canada and the United States, today launched a limited-edition crewneck sweatshirt created in collaboration with Archewell Philanthropies. Four small words with one big message embroidered across the back of the sweatshirt. "It's the Little Things.” "We share one intention as parents,” said Meghan, Duchess of Sussex, "a safe and loving future for o

Manila Times BusinessOct 11, 2026

Marcos warns of 'new phase of escalation' in West Philippine Sea

MANILA, Philippines — President Ferdinand Marcos Jr. on Sunday warned of a “new phase of escalation” in the West Philippine Sea following China’s reported obstruction of the medical evacuation of a sick Filipino sailor at Ayungin Shoal. Marcos said the incident was troubling because the mission involved retrieving a sick sailor for medical treatment. “He was sick. Why would we be prevented from treating one of our own who is ill?” he said. “Even in war,

Manila Times BusinessOct 11, 2026

Pope Leo XIV says he will undergo surgery in the coming days to remove a nodule on his lung

VATICAN CITY — Pope Leo XIV announced Sunday he will undergo surgery in the coming days to remove a nodular lesion on his lung, in the first major health event of his 17-month pontificate. The 71-year-old Leo said the nodule was found at an early stage and was “circumscribed” or well-localized. The Vatican said Leo would undergo surgery in ”the coming days," with an expected recovery time of a week. The American pope made the announcement during his Sunday noon blessing.

Manila Times BusinessOct 11, 2026

Crypto News: Remittix Sets $0.46 Final Presale Price as XRP Price Prediction Targets $20 and Zcash’s Quantum-Ready Roadmap Sparks a $3,000 ZEC Forecast

Remittix defines the final RTX pricing stage before its November launch as XRP and Zcash strengthen the market’s focus on payments, privacy and future-ready infrastructure MAJURO, Marshall Islands, Oct. 11, 2026 (GLOBE NEWSWIRE) -- Remittix has set $0.46 as the final RTX presale price and planned minimum exchange launch price ahead of the token’s scheduled November 24, 2026 market debut. RTX remains available at $0.23 during the current stage. The progression to $0.46 provides a defined pricing

Manila Times BusinessOct 11, 2026

Marcos on alleged China money to VP Sara: A threat to the highest level

MANILA, Philippines — President Ferdinand Marcos Jr. on Sunday warned that allegations that businesses linked to Vice President Sara Duterte and her husband received money from China could pose a serious national security threat if proven true. Speaking to reporters in Singapore, Marcos confirmed that the government was investigating allegations raised by former senator Antonio Trillanes IV involving businesses allegedly linked to Duterte and her husband, lawyer Manases “Mans”

Manila Times BusinessOct 11, 2026

Saudi Arabia extends airport closure and moves Riyadh schools online after deadly strike

CAIRO — Saudi Arabia on Sunday kept its main international airport closed and moved Riyadh schools online as Yemen's Houthi rebels threatened new airstrikes across the kingdom, a day after a missile attack killed 12 people and wounded more than 300. Saturday’s strike on King Khalid International Airport in Riyadh marked a major escalation in the war between Yemen’s Iran’s-backed Houthis and the kingdom and further complicated sputtering efforts to halt the US-Iran war. US

Manila Times BusinessOct 11, 2026

UP denies La Salle fightback, snaps 2-game skid

MANILA, Philippines -- University of the Philippines denied a furious De La Salle fightback, 80-76, at the Mall of Asia Arena Sunday to snap a 2-game skid in the UAAP Season 89 men's basketball tournament. The Fighting Maroons squandered a 14-point, 67-53 lead after the defending champs Green Archers unleashed a 20-5 run capped by a Jacob Cortez trey to take a 73-72 cushion in the last 2:40. UP avoided total collapse in the battle of the finalists of the previous three seasons thanks to the clut

BusinessWorldOct 11, 2026

Philippines sees $315-million hot money outflows in August

THE PHILIPPINES saw over $300 million in short-term foreign investments exit the country in August amid lingering global uncertainty and tighter local economic conditions, preliminary central bank data showed.

BusinessWorldOct 11, 2026

Renewed shocks, El Niño raise risk of inflation expectations de-anchoring

REIGNITED SHOCKS amid the fresh escalation of the Middle East war and the looming “Super El Niño” have heightened the risk of de-anchoring inflation expectations, which economists said could keep the central bank on a tightening path.

BusinessWorldOct 11, 2026

Megawide bets on housing for its next growth phase

MEGAWIDE Construction Corp. is banking on its foray into affordable and socialized housing under the government’s expanded Pambansang…

BusinessWorldOct 11, 2026

Philippine debt service bill plunges in August

THE National Government’s (NG) debt service bill plunged by 88.55% in August as principal repayments fell sharply, the Bureau of the Treasury (BTr) said.

BusinessWorldOct 11, 2026

Meralco rate hike set for next billing cycle

CUSTOMERS of Manila Electric Co. (Meralco) are expected to face higher distribution charges in the next billing cycle after the Energy Regulatory Commission (ERC) approved the utility’s first rate reset in 15 years.

BusinessWorldOct 11, 2026

Three SAF projects in PHL seek equity partners

THREE proposed sustainable aviation fuel (SAF) projects in the Philippines are still seeking equity partners, according to the…

BusinessWorldOct 11, 2026

BDO shares gain amid bargain hunting

SHARES of BDO Unibank, Inc. outperformed the broader market last week, with analysts attributing the gain partly to…

BusinessWorldOct 11, 2026

SEC pushes closer link between sustainability, financial reporting

THE Securities and Exchange Commission (SEC) has called for closer integration of sustainability disclosures with corporate financial reporting…

BusinessWorldOct 11, 2026

Jollibee Group, First Gen expand RE deal to 189 stores

JOLLIBEE Group has expanded its renewable energy (RE) partnership with Lopez-led First Gen Corp. to cover 189 company-owned…

BusinessWorldOct 11, 2026

SEC green equity revisions may aid investors — analysts

PROPOSED revisions to the Philippine Green Equity label framework could give investors a more consistent basis for assessing listed companies’ environmental activities, according to market analysts.

BusinessWorldOct 11, 2026

MGEN eyes Meralco power auction for Atimonan coal plant

MERALCO PowerGen Corp. (MGEN) is seeking to participate in its parent company’s latest power supply bidding as it…

BusinessWorldOct 11, 2026

Ayala Land sees rail links supporting Vertis North

LISTED property developer Ayala Land, Inc. expects the expansion of Metro Manila’s rail network to improve access to…

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