Philippines Business News

Phuket's residential market splits in two as luxury demand builds while lower-tier supply outpaces demand

Banyan Group Residences records 900 per cent year-on-year rise in luxury sales value, underlining the widening gap between prime and mass-market residences PHUKET, THAILAND - Media OutReach Newswire - 28 September 2026 - Phuket's residential property market is becoming increasingly polarised. Genuinely differentiated luxury residences continue to attract strong demand, while lower-priced, investment-led segments are showing signs of saturation and, in some areas, oversupply. Banyan Group Residen

Today's Weather, 5 A.M. | Oct. 5, 2026

James Altucher: Everyone Thinks SpaceX Is a Rocket Company. He Says a Single Filing Just Revealed What It Really Is.

The tech expert who has been ahead of some of the biggest tech stories of the past two decades argues investors have fundamentally misread Elon Musk's most famous company. Washington, D.C., Oct. 04, 2026 (GLOBE NEWSWIRE) -- Ask most people what SpaceX does, and the answer is simple: it builds rockets and launches satellites. According to tech analyst James Altucher, that answer is not just incomplete, it's the single biggest misread in the market right now. In a new presentation, Altucher argues

AIFA Outlines AI Application Strategy and Product Progress at First Annual Conference in Las Vegas

Company highlights its focus on AI applications in education, plans a year-round showcase at its Las Vegas venue, and reaffirms its disclosure practices LAS VEGAS, Oct. 04, 2026 (GLOBE NEWSWIRE) -- All In FutureTech Alliance Inc. (Nasdaq: AIFA) ("AIFA” or the "Company”) today held its inaugural annual conference at the Company’s Las Vegas venue. Chairman Shanglong Li delivered the keynote address, outlining AIFA’s strategic direction, recent product development progress, and priorities for the n

Bringing Rohingya refugee issue into sharp focus

THE Rohingya are a Muslim minority in Myanmar that has long suffered discrimination, disenfranchisement and communal violence. The United Nations has described the Rohingya as “among the world’s least wanted” people and “one of the world’s most persecuted minorities.” Myanmar, a predominantly Buddhist country, has made it a state policy to persecute and marginalize the Rohingya. They are denied citizenship and the right to higher education, and are not allowed

Vaxcyte to Host Webcast and Conference Call to Present Topline Data from OPUS-1, the Pivotal Adult Phase 3 Trial of VAX-31, the Company’s 31-Valent Pneumococcal Conjugate Vaccine Candidate

SAN CARLOS, Calif., Oct. 04, 2026 (GLOBE NEWSWIRE) -- Vaxcyte, Inc. (Nasdaq: PCVX), a clinical-stage vaccine innovation company, today announced it will host a webcast and conference call tomorrow, October 5, 2026 at 8:00 a.m. ET / 5:00 a.m. PT to present topline data from the OPUS-1 adult pivotal Phase 3 trial evaluating the safety, tolerability and immunogenicity of VAX-31, the Company’s 31-valent pneumococcal conjugate vaccine (PCV) candidate designed to prevent invasive pneumococcal disease

Sept. inflation likely higher at 6.7% – poll

I LATION could have resumed rising last month following renewed pressure on oil prices and elevated food and transport costs, analysts said. The median forecast in a Manila Times poll was 6.7 percent, higher than the 6.1 percent recorded in August but within the Bangko Sentral ng Pilipinas’ (BSP) 6.4- to 7.4-percent estimate for September. A year earlier, inflation was substantially lower at 1.7 percent. A 6.7-percent result would mark the first rise since an easing from April’s high

Banks’ bad loan ratio steady at 3.35% in Aug

THE nonperforming loan (NPL) ratio of Philippine banks remained steady at 3.35 percent in August despite a challenging global environment, data from the Bangko Sentral ng Pilipinas (BSP) showed. The NPL or bad loan ratio, which covers past-due debts whose principal or interest is unpaid for 90 days or more, was unchanged from July but slipped from the year earlier’s 3.5 percent. Union Bank chief economist Ruben Carlo Asuncion said the latest figure indicated that asset quality was broadly

Inflation, liquidity pressures seen steering PSEi’s direction

PHILIPPINE shares could remain under pressure this week after the benchmark index extended its losing streak to five sessions and fell to another 2026 low, with investors turning their attention to September inflation for clues on the path of interest rates. The Philippine Stock Exchange index (PSEi) slipped by 0.45 points or 0.01 percent to 5,629.03 on Friday, bringing its weekly decline to 196.94 points or 3.4 percent. The Philippine Statistics Authority is scheduled to release September infla

Water Purifier Rental Specialist Rentomojo Lists 12 Models in Delhi From ₹292 a Month as Central Ground Water Board Finds 23.3% of Delhi Groundwater Samples Above the Salinity Limit

Delhi Households Who Want to Rent a Water Purifier Can Choose From 12 In-Stock Models, From ₹292 a Month for Non-RO and ₹391 for RO, Installed by a Technician Who Tests TDS; for a One-Year Stay in Delhi, a DriftPro RO Purifier on a 12-Month Plan Costs ₹5,148 Against ₹12,499 to ₹24,999 to Buy; and the Best Water Purifier Rental Company in Delhi Is Judged on Filter Changes, Repair Response, Early Closure Fees and Relocation, a Segment Where Rentomojo Rents Its Own Purifier Ranges With Free Filter

CAPHRA Questions Why WHO Overlooks Its Tobacco-Control Success Stories

MANILA, Philippines, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Whilst New Zealand is on track to cut tobacco use faster than any other country in the Western Pacific, according to the World Health Organization's own figures, their suggested discussion Tobacco Control doesn't acknowledge this or examine how it has been achieved. The tobacco-control item scheduled for discussion at the Seventy-seventh session of the WHO Regional Committee for the Western Pacific (WPRO) in Manila is an important moment for

Who Pays for a Free AI API? 51AIpower Explores the Cost Behind Every AI Response

Where can you get a free AI API? As developers and small businesses look for free credits to test chatbots, content tools, and automated workflows, a more fundamental question can be overlooked: who covers the computing and electricity costs behind those requests? AI infrastructure participation platform 51AIpower examines this question, exploring the operating costs of AI services and how individuals can participate in infrastructure through power plans. London, United Kingdom, Oct. 04, 2026 (G

AlkaBurn Capsules Introduces Alka Burn Multi-Ingredient Dietary Supplement for Metabolism Support

AlkaBurn capsules features a five-ingredient formulation combining caffeine anhydrous and botanical extracts for a metabolism-focused dietary supplement. Ogden, UT, Oct. 04, 2026 (GLOBE NEWSWIRE) -- AlkaBurn has introduced Alka Burn, a multi-ingredient dietary supplement formulated with a combination of caffeine anhydrous, green coffee bean extract, raspberry ketone, garcinia extract, and green tea extract. The product is positioned within the dietary supplement category and is formulated around

Black & Veatch and Carmen Copper win Enlit Asia Innovation Award for first-of-a-kind floating solar project

Black & Veatch and Carmen Copper Corp. received the Innovation Award, Energy Transition and Emerging Solutions at the…

Logistics startup SHIPZY enters PHL market

Filipino-founded tech logistics startup SHIPZY Philippines has launched operations in the country, introducing an integrated digital platform designed…

PeraSure launches with record-low interest rates

PeraSure, a digital lending app operated by SEC-registered Sulit Lending Corp., officially launched in the Philippines, offering one…

Young Filipino sim racers head to Thailand to fulfill sim racing dreams

Enzo Ison, Russel Reyes and Michael Velasquez to represent Philippines in 2026 TGR Asia Esports GT Championship Enzo…

Wissen International, Benilde form strategic partnership to develop resilient cybersecurity workforce

Singapore-based education consultancy Wissen International Pte Ltd, the exclusive representative and distributor of International Council of E-Commerce Consultants…

Affordability

In the 2026 US midterm elections, “affordability” has evolved into a central political issue.

Banks’ bad loan ratio steady at 3.35% in August

The share of bad loans held by Philippine banks remained broadly stable in August and improved from a year ago as overall lending continued to grow faster than soured accounts.

Fruitas ripe for next growth phase with P750 million PNB credit facility

Fruitas Holdings Inc., led by businessman Lester Yu, is ripe for its next growth chapter with a P750-million credit facility secured from Lucio Tan-led Philippine National Bank (PNB) that will support its continued expansion, portfolio diversification and long-term growth initiatives.

Market volatile ahead of inflation report

The local stock market is expected to remain volatile this week, with higher inflation expectations seen weighing on equities.

Market’s narrowing breadth

Market breadth has deteriorated sharply the past month.

Mitsubishi deal boosts Ayala FDI haul close to P100 billion

Mitsubishi Corp.’s P44.5-billion investment in Ayala Corp. has brought the recent wave of foreign direct investments (FDI) secured by the group to nearly P100 billion, underscoring the conglomerate’s ability to attract global capital.