Philippines Business News

Arbitrage Group Announces £1.5B Prime Central London Property Acquisitions via Buyer-Side Advisory Model

Arbitrage Group Announces £1.5B Prime Central London Property Acquisitions via Buyer-Side Advisory Model Arbitrage Group London, UK, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Arbitrage Group has announced that it has acquired, developed and advised on more than £1.5 billion of property since 2006, including 500 or more homes for private clients through its buyer-side advisory work. The announcement highlights the firm’s central London work under founder Aldo Attanasio d’Aponte and its broader activity a

Microsoft pushes AI vision with new, expensive Surface laptop

SAN FRANCISCO, United States — Microsoft is pushing a "hybrid intelligence" future with a new Surface Ultra laptop that runs on Nvidia artificial intelligence (AI) chips and will cost more than $2,500, the company announced Wednesday. The launch is part of a broader push by tech companies to release hardware that can handle more AI computing on-device and offline, so users don't have to rely solely on remote cloud data centers, where running AI is slower and more expensive. It also sees Nv

US teen charged over alleged IS-inspired mall shooting plot

NEW YROK, United States — US authorities on Wednesday charged a man who allegedly planned a mass shooting at a shopping mall in Minnesota in support of the Islamic State group. The FBI arrested Sheikhdoon Abdullahi Mohamud, 18, after he bought an AK-47 rifle and ammunition from an undercover agent in a sting operation that foiled his apparent plot. "This individual allegedly obtained a weapon he hoped to use in a mass casualty attack in support of ISIS, but this FBI arrested him and put a

Neo Dental Beverly Hills Introduces Neo-Essentialism: A Modern Approach to Clinical Decision-Making and a New Way to Think About Dentistry’s Future

As dentistry moves toward regeneration, artificial intelligence, and biologic preservation, the Beverly Hills dentist behind the concept is asking whether progress may increasingly be defined by what clinicians can preserve, not only by what they can repair or replace. Beverly Hills, CA, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Neo Dental, a Beverly Hills dental practice led by Dr. Sol Shahri, is introducing an approach to clinical decision-making called Neo-Essentialism, built around a deceptively sim

Devon Energy Schedules Third-Quarter 2026 Earnings Release and Conference Call

HOUSTON, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it will report third-quarter 2026 results on Thursday, November 5, after the close of U.S. financial markets. The earnings materials will be available on the company’s website at www.devonenergy.com. On Friday, November 6, the company will hold a conference call at 10 a.m. CDT (11 a.m. EDT). A webcast link to the conference call and replay link will be available on the company’s website. ABOUT DEVON ENERGY

Monarch Casino & Resort to Report 2026 Third Quarter Results After Market Close on October 27

RENO, Nev., Oct. 07, 2026 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) announced today that it will release its 2026 third quarter financial results after the market closes on Tuesday, October 27, 2026. About Monarch Casino & Resort, Inc. Monarch Casino & Resort, Inc., through its subsidiaries, owns and operates the Monarch Casino Resort Spa ("Monarch Black Hawk") in Black Hawk, Colorado, approximately 40 miles west of Denver and the Atlantis Casino Resort Spa ("Atlantis"), a

Pentagon orders military to be ready for more Iran strikes, Axios reports

Cebu Landmasters enters new phase as leadership, expansion reshape growth story

For Cebu Landmasters Inc. (CLI), its 23rd year marks more than another milestone in the company’s growth. It…

ACEN boosts war chest with P3.5 billion ING loan

ACEN Corp. of the Zobel family has secured additional financing of €50 million (about P3.5 billion) from Dutch banking giant ING Bank N.V. to bolster its renewable energy expansion.

BPI Wealth assets breach P2 trillion, eyes 18% growth

The asset management arm of Ayala-led Bank of the Philippine Islands (BPI) expects its assets under management to grow by as much as 18 percent this year as Filipino investors increasingly turn to fixed-income securities and global investment funds to navigate elevated inflation, a weaker peso and volatile financial markets.

Condo demand picks up in Q3

Residential condominium take-up in Metro Manila posted robust growth during the third quarter, but real estate brokerage firm Leechiu Property Consultants Inc. (LPC) cautioned that the recent improvement should not yet be interpreted as a return to sustained growth.

Factory output growth accelerates in August

The country’s manufacturing output expanded at a faster pace in August from the previous month, driven by electronic products and transport equipment, the Philippine Statistics Authority said.

Fixing water flow, restoring hope

Water is not just a resource — it is life itself. It fuels our bodies, kitchens, classrooms, hospitals and businesses. When it stops flowing, everything else stops with it.

GCash has an IPO problem – and it’s a good one

Mynt Inc. president and CEO Martha Sazon shares the overwhelming excitement of many investors and the public on what is set to be the biggest initial public offering (IPO) in the country.

Jobless Pinoys fall to 2.77 million in August

The country’s unemployment level declined in August from the previous month as more jobs were created in the agriculture sector, according to the Philippine Statistics Authority.

MVP hikes Meralco stake with P2.2 billion SMC deal

Tycoon Manuel V. Pangilinan has struck another deal with Ang-led San Miguel Corp.’s power arm to further tighten his hold on Manila Electric Co..

Philippines plans to mandate 1% SAF mix by 2030

The Philippines is exploring a one-percent sustainable aviation fuel blending mandate for the aviation sector by 2030, according to a senior energy official.

PPA allots P1.35 billion for Ilocos Norte cruise port upgrade

One of the country’s dedicated ports for cruise arrivals in Luzon is getting a P1.35-billion budget for the construction of breakwater to reduce coastal risks and support marine navigation.

PSEi bounces back on bargain hunting

The local stock market bounced back as investors picked up bargain stocks following the previous day’s drop.The benchmark Philippine Stock Exchange index rose by 1.05 percent or 59.57 points to end yesterday’s session at 5,736.69.

Puregold Barangayan rolls out in 16 locations nationwide

Leading supermarket, Puregold Price Club Inc. is bringing its 28th anniversary celebration to communities across the country through Puregold Barangay Panalo, a nationwide program supported by the supermarket chain’s brand partners.

September inflation surge fuels rate-hike bets

Economists are increasingly expecting the Bangko Sentral ng Pilipinas to hike interest rates again this month after inflation surged to 7.2 percent in September, as broadening price pressures and risks from oil, transport fares and El Niño threaten to keep inflation elevated.

SMPC: Semirara coal auction rules unfair

Semirara Mining and Power Corp. has pushed back against what it calls “unfair” rules governing the auction of the country’s largest coal mine, with the bidding process now facing another delay.

Villar Group trims AllDay, AllHome stores

The Villar Group has trimmed its AllHome and AllDay branches as part of its store network optimization program.

West Cebu Estate expands with Aboitiz Foods feedmill

Aboitiz Economic Estates is strengthening West Cebu Estate’s position as an integrated industrial hub with the entry of Pilmico, an Aboitiz Foods company, as its newest locator.