Philippines Business News

Huong Viet Properties launches Palm River riverside apartment precinct

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 13 August 2026 - Huong Viet Properties has launched Palm River, a new riverside apartment precinct within Palm City in eastern Ho Chi Minh City, and announced strategic partners supporting its market development. Artist's impression of Palm City, featuring Palm River, a new riverside apartment precinct. Covering 30.6 hectares in Binh Trung Ward, Palm City is planned as a multifunctional township integrating residential, commercial, education,

Google unveils latest Pixel phones with slimmer cameras and more AI features

Google on Wednesday unveiled its latest lineup of Pixel phones, with slimmer cameras that include more a powerful zoom and artificial intelligence features designed to help users accomplish things with fewer taps and swipes. With the improvements, the search giant hopes to give users a reason to buy new models and expand the number of people using its AI tools. “Google continues to tout new software features, primarily around AI, as the reason to upgrade," said Forrester senior analyst And

Climate groups flag budget tagging, allocation concerns

Environmental groups have raised concerns over the government’s climate spending, saying the proposed 2027 budget remains heavily focused on infrastructure while funding for climate preparedness, social protection and environmental protection remains inadequate. During an online briefing on Wednesday, Aksyon Klima Pilipinas said the proposed climate budget under the 2027 National Expenditure Program (NEP) amounts to […]

Eala gets first-round bye in Cincinnati Open

FILIPINO tennis sensation Alexandra “Alex” Eala received a first-round bye in the Women’s Tennis Association (WTA) Tour 1000 Cincinnati Open and will either face Magda Linette of Poland or Elena-Gabriel Ruse of Romania in the round of 64 on Saturday (Manila time) at the Lindner Family Tennis Center in Mason, Ohio. The 21-year-old Eala is seeded No. 17 in the tournament, her highest seeding in a 1000-tier competition. She earned the advantage as top seeded players are usually ex

Opening of new floating-rate bonds for the funding of RD Nibor3® and RD Stibor3®

To Nasdaq Copenhagen A/S Executive Management Bernstorffsgade 40 DK-1577 København V www.rd.dk Telephone +45 7012 5300 13 August 2026 Opening of new floating-rate bonds for the funding of RD Nibor3® and RD Stibor3® Realkredit Danmark will open new mortgage covered bonds (SDRO) for the funding/refinancing of RD Nibor3® and RD Stibor3®. The new bonds will be opened with the below characteristics: Reference rateSeriesCurrencyInterest rate floorInterest marginInitial coupon*AmortisationConventionMat

Farizon Hits 600,000 Production Milestone, Celebrates 10th Anniversary with Homtruck Rollout

HANGZHOU, China, Aug. 13, 2026 /PRNewswire/ -- Farizon New Energy Commercial Vehicle Group hosted its 10‑year‑anniversary roll‑off ceremony at its Ma'anshan manufacturing plant, with on‑site employees on hand to witness the landmark 600,000th unit - a Homtruck heavy truck calibrated to satisfy EU regulations and local fleet‑operation demands - come off the assembly line. The milestone cements Farizon as the world's‑first new energy commercial vehicle manufacturer to reach this cumulative product

enParadigm set to extend one of the largest AI-powered capability interventions to more than 900 wealth advisers across APAC

The initial participating cohorts recorded a 50% increase in quarterly revenue, doubled their weekly customer appointments and achieved an average 35% improvement in competency scores SINGAPORE, Aug. 13, 2026 /PRNewswire/ -- enParadigm, an immersive AI talent solutions company, has rolled out its AI-powered capability-building intervention for one of Singapore's top 3 banks. Following the initial success with the bank, the intervention is now being extended to more than 900 wealth advisers acros

Syensqo - Participation notification by The Capital Group Companies, Inc.

Press releaseCommuniqué de presse Regulated Participation notification by The Capital Group Companies, Inc Brussels, Belgium - August 13, 2026 - 8:45 CEST According to Belgian transparency legislation (Law of May 2, 2007), The Capital Group Companies, Inc (333 South Hope Street, 55th Fl, Los Angeles, CA 90071) 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 t

LigoLab and MarginLogic Health AI Bring AI-Powered Requisition Automation to Laboratory Workflows

GLENDALE, Calif., Aug. 13, 2026 (GLOBE NEWSWIRE) -- LigoLab, a leading provider of laboratory informatics solutions, today announced a partnership with MarginLogic Health AI that brings artificial intelligence (AI)-powered optical character recognition (OCR) and intelligent document processing directly into laboratory requisition intake and accessioning workflows. For decades, laboratories have focused automation efforts on processes that begin after specimens arrive. Instrumentation has become

X Square Robot Demonstrates Embodied AI in Real-World Logistics Operations

In a livestream on X and YouTube, the company's embodied AI model and self-developed High-Performance 6-Axis Robot Arm autonomously identified, picked, reoriented, and fed highly variable parcels into a live sorting workflow, achieving 1,816 parcels per hour with over 98% accuracy. SHENZHEN, China, Aug. 13, 2026 /PRNewswire/ -- X Square Robot, an embodied AI company building general-purpose robots and foundation models for real-world environments, has demonstrated a system that automates one of

PHL employee turnover seen hitting 20% as workers seek more than pay — AscentHR

Employee turnover in the Philippines could reach 20% this year as workers increasingly prioritize career growth, flexibility and workplace well-being alongside compensation, according to AscentHR chief executive officer and director Subramanyam Sreenivasaiah. AscentHR is a managed HR services and human capital management technology company. The projected rate is higher than estimates for Singapore at 19.3% […]

Barkin flags sticky inflation at 3.7% PCE but declines to tip September rate path

Filipinos helped build UAE’s nuclear plant. PH talent may soon do the same back home.

'80% of the people who built that nuclear facility are Filipinos,' NAPOCOR head Koko Nograles says of the Barakah Nuclear Energy Plant. 'That should remind us of something important – that the Filipino can do nuclear.'

As inflation bites, Filipinos have become ‘intentional’ shoppers

To keep customers shopping despite the pressure on their wallets, SM is relying on what it calls its 'good, better, best' line-up of items in stores

'Zero barriers' urged in push for financial inclusion among Filipinos

A lawmaker has called for the removal of unnecessary barriers to financial services.

Annual stockholders’ meeting of Lopez Holdings Corporation slated on September 14

The annual stockholders’ meeting of Lopez Holdings Corporation (the “Corporation”) has been postponed to Monday, September 14, 2026, at 10 a.m. and will be held virtually at https://conveneagm.com/ph/lpzasm2026.

Strait of Hormuz under Iranian control, Basij paramilitary chief says

SAFC accelerates AI adoption to strengthen customer-centric collections with AI Rudder

As the financial services industry continues to evolve, financing companies are under increasing pressure to improve collections performance while delivering a more customer-centric experience. Rising customer expectations, growing account volumes, and the need for greater operational efficiency are driving organizations to adopt AI-powered solutions that enable more effective and scalable collections. South Asialink Finance Corp. […]

[Ask the Tax Whiz] PROGRESS or GINHAWA: Which reform can truly increase take-home pay?

In this week’s Ask the Tax Whiz, we compare both proposals and examine how they can support a credible roadmap toward ₱1 million in tax-free income for every Filipino

Gabby Lopez: Man on a mission

After stepping down as chairman emeritus of ABS-CBN in September 2020, Gabby Lopez is stepping up to save the company he loves

10 things top executives can only do with ASUS ExpertBook Ultra

For business leaders, work does not stop once they leave the office. Every location may become a workspace. Every conversation may influence the next major investments. That is why they expect more from the computers they carry every day. Performance cannot be the only defining characteristic of a flagship business laptop. Executives also expect mobility, […]

SAFC accelerates AI adoption to strengthen customer-centric collections with AI Rudder

As the financial services industry continues to evolve, financing companies are under increasing pressure to improve collections performance while delivering a more customer-centric experience.

Cisco’s AI-driven profit jump; PPI ahead - what’s moving markets

As Atlas Mining leaves by 2027, SMIC expects 2GO, renewables to fill gap

The planned Atlas transfer is less a Sy family exit from mining than a reshuffling of where those assets sit, though the departure of this crucial earnings driver will leave a hole for SMIC to fill in its portfolio