Philippines Business News

Hong Kong's "M" Mark Esports Event Returns: Sellout BLAST Premier Rivals Confirmed For Second Year Following Historic Debut

The BLAST Premier Rivals Hong Kong, the city's biggest esports event, is officially back for a second edition, running 11-15 November 2026 at AsiaWorld-ArenaThe 2025 debut sold out, generated over HK$600 million in economic impact and delivered 36 million hours of global viewership - and was the first esports tournament ever awarded Hong Kong's prestigious "M" Mark statusHONG KONG, Oct. 8, 2026 /PRNewswire/ -- Government and industry leaders gathered today at Marco Polo Hong Kong Hotel to formal

Manulife appoints Sinéad O'Connor as Chief Actuary, joining Executive Leadership Team

TORONTO, Oct. 8, 2026 /PRNewswire/ -- Manulife has appointed Sinéad O'Connor as Chief Actuary, effective October 12, 2026, reporting to Phil Witherington, President and Chief Executive Officer, and joining Manulife's Executive Leadership Team. Sinéad O’Connor, Chief Actuary, Manulife "Sinéad's strategic expertise, deep knowledge of our enterprise, and ability to lead highly engaged teams will make her an incredible Chief Actuary for Manulife," said Phil Witherington, President and Chief Executiv

Jianzhi Education Announces Share Repurchase Program

BEIJING, Oct. 8, 2026 /PRNewswire/ -- Jianzhi Education Technology Group Company Limited (Nasdaq: JZ), a leading provider of digital educational content in China, has announced its intention to initiate a share buyback program. This strategic move aims to return value to shareholders and underscores the company's confidence in its long-term growth prospects. Details of the Buyback Program: Purpose: The repurchase program is designed to enhance shareholder value by reducing the number of outstand

The Food Merchant Brings Premium Global Flavours to Solaris Mont Kiara with Grand Opening on 8 October 2026

Shoppers can experience an exclusive opening day promotion, free gifts and curated international delicacies to kick off the new storefront. KUALA LUMPUR, Malaysia, Oct. 8, 2026 /PRNewswire/ -- The Food Merchant, Malaysia's premier gourmet grocer, has officially expanded its footprint with the grand opening of its newest outlet at Solaris Mont Kiara. Marking a major milestone in the brand's rapid nationwide growth, the new location brings a curated, upscale grocery experience straight to the hear

WePlay Teams Up with the TV Anime Attack on Titan for a U.S. Themed Campaign

NEW YORK, Oct. 8, 2026 /PRNewswire/ -- WePlay, a social entertainment app operated by Singapore-based WEJOY PTE. LTD., will launch a themed collaboration with the TV anime Attack on Titan for users in the United States from October 9 to 31, 2026. The campaign will introduce themed pages, limited visual content and online interactive experiences throughout October, giving users new ways to discover the collaboration while playing and connecting with friends. Characters from the TV anime Attack on

PCSO Lotto Results | October 08, 2026

Dollar reserves fall below $100 billion

THE PHILIPPINES’ dollar reserves plummeted to its lowest level in three years at end-September as the central bank used it to support the peso, with foreign debt payments and lower value of gold and foreign-currency assets dragging it further.

Domestic constraints may blunt gains from Philippines-EU FTA

THE FREE TRADE DEAL between the Philippines and European Union (EU) could provide only a modest boost to the economy as longstanding domestic constraints may limit its potential to attract investment, diversify exports and improve productivity, economists said.

Philippines, World Bank sign €212.7-M water project loan

THE PHILIPPINES has signed a €212.7-million (around P14.9 billion) loan agreement with the World Bank to finance water…

Budget realignments may address social needs but growth impact unclear

THE HOUSE of Representatives’ P116.32-billion realignment of the proposed 2027 national budget may help address immediate social needs, but analysts said its long-term impact on the economy will depend on where the additional funds go and which programs face cuts.

Prime Infra, LNGPH prequalify for first gas capacity auction

MAJOR POWER producers, including Razon-led Prime Infrastructure Capital, Inc. (Prime Infra) and LNGPH, a consortium backed by three…

Figaro Culinary Group seeks voluntary delisting from PSE

FIGARO CULINARY GROUP, Inc. (FCG) is seeking to voluntarily delist from the Philippine Stock Exchange (PSE), with Figaro…

PHL residential property recovery may take until late 2027 — S&P

A MEANINGFUL recovery in the Philippine residential property market may not emerge until the latter part of 2027,…

DoE cites promising signs in Koloma hydrogen exploration

US-BASED Koloma, Inc.’s exploration for naturally occurring hydrogen in the Philippines has yielded encouraging preliminary findings, according to…

Gokongwei-led airport proposal fails completeness review

THE GOVERNMENT has returned the unsolicited proposal of a Gokongwei-led consortium to develop, operate, and maintain three regional airports after the submission was found to have incomplete documentation, according to the Public-Private Partnership (PPP) Center.

FedEx considers further Clark expansion amid cargo growth

US-BASED logistics company FedEx Corp. may consider another expansion of its Clark Gateway Hub in Pampanga if air…

PAL cancels Riyadh flights after Saudi airport attacks

PHILIPPINE AIRLINES (PAL) has canceled two flights between Manila and Riyadh following attacks on airports in Saudi Arabia,…

Firms urged to assess supply chain compliance risks

PHILIPPINE COMPANIES should strengthen their monitoring of suppliers to manage potential regulatory and financial risks arising from environmental,…

Bloomberry launches online gaming, livestreaming platform

RAZON-LED Bloomberry Resorts Corp. has launched an online platform combining gaming and livestreaming as part of its digital…

Anti-grooming bill heads to Marcos for approval after Congress ratification

THE PHILIPPINES is moving closer to expanding government powers to combat online child exploitation, grooming and technology-facilitated abuse…

Tribunal eases rules on foreign divorce recognition

THE SUPREME COURT (SC) has eased evidence requirements for Filipinos seeking judicial recognition of divorces obtained abroad, removing the need to prove foreign divorce laws in a move expected to benefit overseas Filipino workers.

Villar joins Senate majority, boosting bloc to 14 as minority shrinks to 10 seats

SENATOR Mark A. Villar on Thursday joined the Senate majority, boosting the bloc’s control of the chamber with 14 members against the minority’s 10.

Marcos’ satisfaction rating slips to -11

PRESIDENT Ferdinand R. Marcos, Jr.’s public satisfaction rating fell in September as more Filipinos expressed dissatisfaction with his…

VP’s SALN don’t match income

VICE-PRESIDENT (VP) Sara Duterte-Carpio’s net income after tax from 2007 to 2025 does not match the net worth…