Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
2546 articles across all sources
Kither Biotech successfully completes Phase 1 clinical trial of KIT2014, a novel inhaled peptide therapy for respiratory diseases
First-in-human Phase 1 study in 56 healthy participants demonstrated KIT2014’s safety and tolerabilityKIT2014 is being developed as an inhalation therapy for respiratory diseases including chronic obstructive pulmonary disease (COPD), non-CF bronchiectasis (NCFB) and cystic fibrosis (CF)KIT2014’s unique mode of action improves respiratory symptoms by promoting bronchodilation and reducing lung inflammation TURIN, Italy, June 19, 2026 (GLOBE NEWSWIRE) -- Kither Biotech Pty Ltd and Kither Biotech
Read more →Mexican mayor accused of faking her kidnapping in embezzlement scheme
MEXICO CITY, Mexico — A Mexican mayor allegedly faked her own kidnapping to embezzle $2 million worth of government funds disguised as ransom, local authorities said Thursday. Nancy Napoles, the municipal president of Tenancingo, several hours outside Mexico City, has proclaimed her innocence, calling the accusations "politicized." Napoles belongs to the ruling Morena party of President Claudia Sheinbaum, who has made combating corruption one of the pillars of her administration. Prosecuto
Read more →UN climate chief warns against backsliding amid geopolitics.
PARIS, France — UN climate chief Simon Stiell said Thursday countries made some progress at talks in Germany but warned against backsliding as geopolitical tensions stalk negotiations ahead of this year's COP31 summit. The energy crisis triggered by the war in the Middle East has fuelled calls for countries to shift away from fossil fuels and step up efforts to deploy renewable energy. In a statement wrapping up the two-week annual conference in Bonn, Stiell said "real strides" were made o
Read more →Maximum salary loan term now at seven years
THE CENTRAL BANK has increased the maximum repayment period for salary-based loans to seven years to give employees financial flexibility while also ensuring responsible borrowing. This comes amid long-time calls from teachers asking for longer loan terms to help ease their financial burden. “The Bangko Sentral recognizes the helpful role of salary-based, consumer lending schemes […]
Read more →DORITOS LOADED UNVEILS HIGH-OCTANE COMMERCIAL STARRING CHEF GORDON RAMSAY AND MERCEDES-AMG PETRONAS F1 DRIVER GEORGE RUSSELL
A new commercial from Doritos Loaded combines culinary creativity with the thrills of Formula 1® racing in a spectacular fictional stunt Doritos Loaded launches a new global commercial starring Chef Gordon Ramsay and Mercedes-AMG PETRONAS F1 Team driver George Russell. The campaign builds on Doritos' official partnership with Mercedes-AMG PETRONAS F1 Team and Formula 1®.As previously announced, Chef Ramsay will create eight Doritos Loaded recipes, including the Doritos Loaded Hellfire Chicken Na
Read more →Longbridge Group Opens New Singapore Headquarters at Asia Square, Marina Bay
SINGAPORE, June 19, 2026 /PRNewswire/ -- Longbridge Group today officially opened its new Singapore office at Asia Square Tower 2, in the heart of the Marina Bay financial district. This is the first of 2 offices that Longbridge Group will be opening in Singapore, with the second one opening Q4 2026. This will be a first among online brokerages in Singapore. The move marks a significant milestone for the group, solidifying its presence in Singapore as the company's headquarters, in one of the ci
Read more →Defiance Launches Europe’s First Memory UCITS ETF (DRAM)
Defiance Launches Europe’s First Memory UCITS ETF (DRAM) Defiance ETFs is excited to announce the launch of the Defiance Memory UCITS ETF (ticker: DRAM), Europe’s first memory ETF. The Fund seeks to provide exposure to companies involved in the development, manufacturing, commercialisation, and storage of memory semiconductors and data storage systems. Defiance has expanded its European ETF lineup with the launch of the Defiance Memory UCITS ETF (ticker: DRAM).The ETF seeks to provide exposure t
Read more →HSBC Continental Europe: Post Stabilisation Notice
PARIS, June 19, 2026 (GLOBE NEWSWIRE) -- Robert Bosch Finance LLC & Robert Bosch GmbH HSBC (contact: syndexecution@noexternalmail.hsbc.com) hereby gives notice that no stabilisation was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities. Issuer:Robert Bosch Finance LLC / Robert Bosch GmbHGuarantor (if any):Robert Bosch GmbH / naAggregate nominal amount:EUR 850,000,000 / EUR 650,000,000 Description:3.25% due 21st May 2029 / 4% due 21st May
Read more →Professor Mohamed Shamji Assumes Presidency of EAACI as Congress 2026 Concludes in Istanbul
New leadership begins as the global allergy community advances the Vision Zero ambition of a future free from allergy and asthma burden ISTANBUL, June 19, 2026 (GLOBE NEWSWIRE) -- The European Academy of Allergy and Clinical Immunology (EAACI) has successfully concluded its Annual Congress 2026 in Istanbul, bringing together 7,429 delegates from 110 countries under the theme "Vision Zero: A Future Free from Allergy and Asthma Burden." Over four days of scientific exchange, collaboration and educ
Read more →Competition Council approves Civinity and Sail Invest acquisition of Admeo
The Civinity Group informs that the Competition Council of the Republic of Lithuania has granted permission to AB Civinity, controlled by Deividas Jacka, and Sail Invest, controlled by Domas Dargis, to indirectly acquire, through their jointly controlled company SPV 31, 100% of the ordinary registered shares of the building administration company Admeo and to obtain joint control of the company. Having assessed the proposed concentration, the Competition Council concluded that the transaction wi
Read more →DFSK Accelerates Global Expansion with Debut of the Right-Hand-Drive E5 PLUS in Hong Kong
HONG KONG, June 19, 2026 /PRNewswire/ -- DFSK, the new energy vehicle brand under SERES Group (HKEX: 09927), today unveiled the right-hand-drive (RHD) version of the E5 PLUS at the 2026 International Automotive & Supply Chain Expo (Hong Kong), marking a major milestone in the brand's global expansion. The debut of the E5 PLUS RHD not only broadens DFSK's product portfolio, but also reflects the brand's continued evolution into a global provider of intelligent, green mobility solutions designed a
Read more →Approved building permits fall 6.8% in April
By Heather Caitlin P. Mañago, Researcher Building permit approvals fell by 6.8% in April, dragged by weaker residential construction and developers’ caution amid high borrowing and construction costs, the Philippine Statistics Authority (PSA) reported. Preliminary data showed building projects covered by the permits totaled 13,677 in April from the revised 14,676 a year earlier. The […]
Read more →Experts call to end mercury use in cosmetic products
The Chamber of Cosmetics Industry of the Philippines (CCIP) brought together experts for “Breaking the Cycle: Ending Mercury Use in Skin Lightening Products” at the World Trade Center in Pasay City on Thursday. According to Ateneo School of Medicine and Public Health (ASMPH) Center for Research and Innovation program head Gemmin Louis C. Apostol, mercury […]
Read more →Nutraville Expands Product Line with Pineal Guardian X, a Natural Brain Wellness Support
Columbus, OH, June 19, 2026 (GLOBE NEWSWIRE) -- Nutraville, a natural wellness supplement brand, has launched Pineal Guardian X, a new dietary supplement designed to support brain wellness, mental clarity, daily focus, and healthy pineal gland function. The launch expands Nutraville’s growing line of wellness-focused supplements and reflects rising consumer interest in cleaner, non-stimulant options for cognitive support. Consumer interest in brain health, focus, and daily clarity has continued
Read more →Syensqo - Participation notification by BlackRock Inc.
Press releaseCommuniqué de presse Regulated Participation notifications by BlackRock Inc. Brussels, Belgium - June 19, 2026 - 8:45 CEST According to Belgian transparency legislation (Law of May 2, 2007), BlackRock Inc. (12 Throgmorton Avenue, London EC2N 2DL, UK) recently sent Syensqo the following transparency notifications indicating that it crossed the threshold of 3% for direct voting rights. Here is the summary of the move Date on which the threshold was crossed Voting rights after the tran
Read more →QUADIENT SA: Approval of all resolutions by the combined Annual General meeting of 18 June 2026
Paris, 19 June 2026 The combined Annual General Meeting of Quadient (Euronext Paris: QDT) was held on 18 June 2026 under the chairmanship of Mr. Didier Lamouche. All resolutions submitted to a vote were duly approved, with an attendance rate of 73.81% (quorum for ordinary and extraordinary resolutions met). The meeting was broadcast live on the Company's website. The Annual General Meeting approved the renewal of Mr. Eric Courteille's directorship for a further three-year term. The Annual Genera
Read more →Evermos Partners with the International Labour Organisation (ILO) to Deliver Entrepreneurship Training for Indonesia's Vulnerable Groups
BANDUNG, Indonesia, June 19, 2026 /PRNewswire/ -- Evermos, a Bandung-based reseller platform focused on MSME empowerment, sees significant potential for vulnerable groups to achieve economic empowerment through digital business. According to Statistics Indonesia (BPS), the labour force participation rate among persons with disabilities stood at only around 20% in early 2025, far behind the roughly 70% recorded among people without disabilities. Participants with disabilities take part in a train
Read more →Wellness Innercell Expands into Indonesia Through Surabaya Representative Office Partnership
SEOUL, South Korea, June 19, 2026 /PRNewswire/ -- Wellness Innercell, a healthcare company specializing in health supplements and beauty products, announced that it has signed a representative office partnership agreement in Surabaya, Indonesia, marking a significant step toward expanding its presence in the Southeast Asian market. The agreement will run from March 1, 2026, to February 28, 2027, and is expected to serve as a strategic foundation for the company's market entry into Indonesia. Thr
Read more →Valeura Energy Inc.: Completion of Nong Yao Drilling Campaign Including First Multi-Lateral
SINGAPORE, June 19, 2026 (GLOBE NEWSWIRE) -- Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) ("Valeura” or the "Company”) announces completion of an eight well drilling campaign on its Nong Yao field in the offshore Gulf of Thailand, which includes the Company’s first ever multi-lateral development well. Dr. Sean Guest, President and CEO commented: "We continue to access new oil reservoirs with ongoing drilling, and have again increased production from the Nong Yao field, our largest producing asset.
Read more →BSP looking into BPI online banking outage
THE BANGKO SENTRAL ng Pilipinas (BSP) is looking into the downtime that affected Bank of the Philippine Islands (BPI) earlier this week to ensure the full restoration of services. “(T)he BSP is aware of the recent service disruptions experienced by BPI clients and is actively coordinating with the bank to ensure that appropriate measures are […]
Read more →LPA intensifies into tropical depression, may further strengthen into typhoon
The low pressure area recently being monitored has developed into a tropical depression and may further intensify into a typhoon, potentially triggering the hoisting of storm Signal No. 1 over some areas, according to the state weather bureau on Friday. The tropical depression developed at around 2 a.m. and will be named Francisco once it […]
Read more →Rapid AI adoption shifting PHL workplace focus to human-centered value
PHILIPPINE ORGANIZATIONS are increasingly prioritizing artificial intelligence (AI) literacy as focus shifts from mere productivity to value-driven, human-centered outcomes. “There are a lot of factors that organizations really look at in terms of adopting AI, but what we do know is that 36% of organizations as of the first quarter of the year have already […]
Read more →BSP sets rules for digital financial marketplace activities
THE BANGKO SENTRAL ng Pilipinas (BSP) has released guidelines covering banks’ and electric money issuers’ (EMIs) digital marketplace activities, paving the way for them to offer products on a single platform to make the financial sector more inclusive and customer-centric. Circular No. 1237 Series of 2026 signed by BSP Governor Eli M. Remolona, Jr. on […]
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