Philippines Business News

Manila Water nets P8.5 billion in H1

Razon-led Manila Water Co. Inc. recorded a six-percent increase in net income in the first half, driven by higher tariffs from its east zone concession area and regional units.

More farm produce exported to Mideast

The country has expanded its agricultural export push in the Middle East following the shipment of more than 17 metric tons of Davao-grown produce to Saudi Arabia, according to the Department of Agriculture.

SMFB net income eases in 1st half

San Miguel Food and Beverage Inc. saw its earnings dip by four percent to P22.1 billion in the first half as inflation, slower economic growth and geopolitical disruptions weighed on consumer spending and some export markets.

‘Zero transfer fees not required for digital banks, fintechs’

Digital banks and fintech companies are pushing back against calls for permanently free fund transfers, saying the Bangko Sentral ng Pilipinas new pricing framework allows financial institutions to charge fees based on the actual cost of providing digital payment services.

Khan Marketing Dynasty Announces Launch of the 3-Hour Ascension System for Coaches, Creators, Consultants, and Online Experts

DUBAI, UAE, Aug. 08, 2026 (GLOBE NEWSWIRE) -- Khan Marketing Dynasty has announced the launch of the 3-Hour Ascension System, a new digital training program developed by entrepreneur and marketing strategist Dan Khan. The announcement introduces a structured framework designed to help coaches, creators, consultants, and online experts build an automated sales funnel that reduces dependence on traditional high-ticket sales calls while providing a more streamlined customer journey. $25M Award From

E.F. Hutton & Co. Acts as Exclusive Placement Agent for $5.0 Million Public Offering for iSpecimen

Transaction Marks E.F. Hutton's Third Capital Markets Engagement with iSpecimen Since December 2025 NEW YORK, Aug. 07, 2026 (GLOBE NEWSWIRE) -- E.F. Hutton & Co. ("E.F. Hutton”), a leading investment banking and financial advisory firm, today announced that it served as the exclusive placement agent in connection with the $5 million public offering for iSpecimen Inc. (Nasdaq: ISPC), an online global marketplace that connects researchers requiring biospecimens for medical research with a network

PCSO Lotto Results | August 8, 2026

Cashelix Announces Audited CASX Token Presale with Fixed Hard Caps to Power Blockchain P2P Payments

CASX introduces a structured crypto presale with predefined timelines, fixed round-specific hard caps, transparent tokenomics, and utility centered on the Cashelix P2P payment ecosystem. SINGAPORE, Aug. 08, 2026 (GLOBE NEWSWIRE) -- Cashelix, a blockchain-powered payment platform focused on peer-to-peer (P2P) transactions, today announced the CASX Token Presale, marking a major step toward the development of its utility-driven digital payment ecosystem. CASX is the native utility token of the Cas

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Pinoy kid savors 'Spider-Man' movie experience

The 7-year-old half-Filipino, a quarter-Burmese, and a quarter-Irish actor gets the chance to appear in a cameo role in the movie 'Spider-man: Brand new day, making him part of the Marvel Cinematic Universe (MCU).' After filming wrapped, Elvis' mother shared the milestone on social media, expressing her gratitude to director Destin Daniel Cretton, actor Tom Holland, and the entire production team for making their family feel welcome throughout the experience. Elvis' story, which The Manila Times

FLOOD MONITOR

First alarm up over Marikina River; residents told to prepare for evacuation

MANILA, Philippines — The Marikina City government raised the first alarm on Marikina River after its water level reached 15 meters, placing residents in riverside communities on standby for possible evacuation. The Marikina Public Information Office (PIO) said the river's water level reached 15 meters at 8:46 p.m. and was attributed to the southwest monsoon (habagat), which is being enhanced by Typhoon Dolphin just outside the Philippine Area of Responsibility (PAR). The LGU urged residen

'WE WILL FIGHT'

Marquis Holdings Appoints Veteran Canadian Mining Executive John Hick as Senior Adviser

Appointment strengthens Marquis's international capital markets, governance and mining M&A capabilities as the Group advances Project Atlantic MIAMI, Aug. 08, 2026 (GLOBE NEWSWIRE) -- Marquis Holdings ("Marquis" or the "Group") today announced the appointment of John W. W. Hick as Senior Adviser, effective July 28, 2026. Mr. Hick brings more than four decades of experience in the international mining industry as a chief executive, chairman and independent director of publicly listed companies, i

GSJJ Expands Its Custom Keychain Production Line and Releases Technical Procurement Standards

LOS ANGELES, Aug. 08, 2026 (GLOBE NEWSWIRE) -- To better prepare for the upcoming autumn exhibition season and the peak season for corporate gift procurement in the fourth quarter, GSJJ announced the expansion of its keychain production line and launched a technical procurement guide to help procurement personnel assess material performance, standardize hardware specifications, and simplify the procurement process. This guide details the materials and manufacturing processes involved in custom m

38 Pinoy seafarers from 4 vessels return home

The Department of Migrant Workers (DMW) late on Friday announced the return of 38 Filipino seafarers who were aboard four vessels that were struck by drones or missiles while along the Strait of Hormuz. In a statement, the DMW said the Filipinos were on board the M/V Marathi, M/V Minoan Pioneer, M/V Blue, and M/V Nissos Sifnos. Representatives from the DMW’s Sea-based Team, Overseas Workers Welfare Administration (OWWA), and the Manila International Airport Authority (MIAA) Medical Team re

Barbers urges officials favoring China interests to resign

MANILA, Philippines — House Prosecution Panel adviser and spokesman Ace Barbers on Saturday called on government officials who openly or covertly advance China’s interests over Philippine national interests to voluntarily resign. Barbers said public officials take an oath to uphold the Constitution, protect Philippine sovereignty and faithfully serve the Filipino people, stressing that “the only acceptable position for every public servant is to be unequivocally pro-Philippines

Satish Sanpal Signals Next Phase for ANAX Developments as AED 2 Billion-Plus Pipeline Takes Shape

Dubai developer moves into a new phase of construction and portfolio growth following the groundbreaking of ELLE Residences Dubai Islands DUBAI, United Arab Emirates, Aug. 08, 2026 (GLOBE NEWSWIRE) -- Satish Sanpal, Founder and Chairman of ANAX Holding, is outlining the next stage of growth for ANAX Developments as the Dubai-based property company advances construction across its portfolio and prepares a planned development pipeline valued by the company at more than AED 2 billion. The expansion

CASX Token Presale Marks the Next Milestone for the Cashelix Payment Ecosystem

Singapore, SG, Aug. 08, 2026 (GLOBE NEWSWIRE) -- Cashelix, a blockchain-powered digital payments platform focused on peer-to-peer (P2P) financial infrastructure, today announced the launch of CASX, its native utility token designed to power transactions, rewards, and ecosystem participation across the Cashelix platform. As blockchain adoption continues to expand globally, the demand for efficient, low-cost, and transparent P2P payment solutions is accelerating. Cashelix aims to address this need

BINI, SB19 tease highly anticipated P-pop collaboration

MANILA, Philippines — Fans are buzzing with excitement after two of the Philippines' biggest P-pop groups, BINI and SB19, simultaneously teased a possible collaboration on their Facebook accounts on Aug. 8, 2026. BINI, known as the “Nation’s Girl Group,” and SB19, widely regarded as the “Kings of P-pop,” both posted messages hinting at a project involving the two groups. BINI shared a photo of the two groups together in Rohnert Park, California, along with the

Tyros Biopharma Accelerates Expansion of Women’s Health Portfolio With Four New Product Introductions in 2026

Montreal, QC, Aug. 08, 2026 (GLOBE NEWSWIRE) -- Tyros Biopharma, a privately held Canadian pharmaceutical company focused on women’s health, is pleased to announce its continued growth following the addition of four new products to its portfolio in 2026: Gynatrof MenoControl, Uriexo Control+, Uriexo Attack+ and Uriexo CystiRelief+. Additional products are currently in development as Tyros Biopharma continues to broaden its offerings and respond to evolving women’s health needs. Founded in Montre

Calling all vivo users: Get exclusive engraving perks this weekend

EXISTING vivo users have a new reason to visit the vivo SM Mall of Asia Exclusive Store this weekend as vivo Philippines launches “My vivo, My Mark,” a two-day event featuring exclusive engraving perks, including a P99 limited-edition tumbler for eligible vivo users and complimentary laser engraving for customers who purchase a vivo Y31d smartphone or vivo TWS earphones. The event, held in partnership with Markd and powered by xTool laser customization technology, runs from Aug. 8 to