Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
8728 articles across all sources
Coway Announces Financial Results for Q2 FY2026
SEOUL, South Korea, Aug. 7, 2026 /PRNewswire/ -- Coway Co., Ltd., the "Best Life Solution Company," announced its financial results for the second quarter of 2026. Coway Financial Results (2Q 2026) "In the second quarter, we demonstrated strong growth potential thanks to steady increases in our sales volume and expansion across our rental accounts both domestically and globally," said Soontae Kim, Coway's Chief Financial Officer. "In the second half of this year, we will continue to sustain this
Read more →ROHM's New 2nd-generation Terahertz Wave Oscillation Device Delivers 4 Times Higher Output Power
KYOTO, Japan, Aug. 7, 2026 /PRNewswire/ -- ROHM Co., Ltd. has developed a 2nd-generation terahertz (THz) wave oscillation device using resonant tunneling diodes (RTDs). ROHM is making the device available via the RTD-EVK-G2 Terahertz Wave Device Evaluation Kit, which includes a sample device, cable, and evaluation board. The kit enables companies and research institutions to evaluate THz wave oscillation and detection in a compact development environment. Photo: EVK https://cdn.kyodonewsprwire.j
Read more →Culinary festival spotlights authentic Asia-Pacific flavors
Asia Society Philippines launched its flagship culinary festival, Asian East 2026, on Friday, highlighting the diverse culinary heritage and culture of the Asia-Pacific region. “It is really to celebrate our shared culinary heritage with our neighbors in the Asia Pacific region,” Asia Society Philippines Natalie Christine “Ching” V. Jorge told BusinessWorld on the sidelines of […]
Read more →CIID Hong Kong Center Established: Andrew Lam, Founder of am PLUS DESIGNS, Appointed Vice Chairman
Mentored by Industry Masters and Winner of the iF Design Award, Andrew Unlocks a New Paradigm for High-Net-Worth Residential and Diverse Commercial Spaces from an Eastern Aesthetic Perspective HONG KONG SAR - Media OutReach Newswire - 7 August 2026 - As spatial aesthetics and lifestyle philosophies continue to converge across the Greater Bay Area, academic discourse and talent exchange within the interior design sectors of Hong Kong and Mainland China have reached a pivotal milestone. On the eve
Read more →Yochanra®, the World's First Innovative Drug to Overcome FGFR Inhibitor Resistance, Makes Its Global Debut in China
NANJING, China and GAITHERSBURG, Md., Aug. 7, 2026 /PRNewswire/ -- TransThera Sciences' Yochanra® is the first drug independently developed in China to address the longstanding global challenge of acquired resistance to FGFR inhibitor therapy in patients with cholangiocarcinoma. On 6 August 2026, the National Medical Products Administration (the "NMPA") formally approved the drug for marketing. As a global frontrunner in this field, the product had previously been granted Fast Track Designation
Read more →PU Prime Expands Gold Trading with the Launch of XAUUSD247
EBENE, Mauritius, Aug. 07, 2026 (GLOBE NEWSWIRE) -- PU Prime has launched XAUUSD247, a new offering that enables clients to trade gold 24 hours a day, seven days a week on MT5. Gold remains one of the world’s most actively traded safe-haven assets, with prices responding rapidly to geopolitical events, central bank policies, inflation expectations, and shifts in investor sentiment. Earlier this year, gold surged to nearly US$5,600 per ounce in January as investors flocked to safe-haven assets am
Read more →Philippine Q2 growth slumps to new post-pandemic low amid oil shock
By Justine Irish D. Tabile, Senior Reporter PHILIPPINE economic growth slowed to a post-pandemic low of 2.3% in the second quarter, as oil shock stoked inflation and dampened household consumption while a steep decline in public construction dragged investment. Despite the weaker-than-expected growth, Department of Economy, Planning, and Development Secretary Arsenio M. Balisacan ruled out […]
Read more →Pax Silica AI hub expected to yield $200B in exports in 30 years
THE PHILIPPINE government expects the proposed Pax Silica artificial intelligence (AI)-native hub to generate up to $200 billion in exports once fully built out over the next 30 years starting 2028, according to the Bases Conversion and Development Authority (BCDA). Speaking to reporters on Friday, BCDA President and Chief Executive Officer Joshua “Jake” M. Bingcang […]
Read more →Philippine debt-to-GDP ratio rises to 66% in Q2, highest since 2004
By Justine Irish D. Tabile, Senior Reporter THE Philippine debt-to-gross domestic product (GDP) ratio reached 66% in the second quarter, the highest level since 2004, data from the Bureau of Treasury showed. This was higher than the 65.2% recorded at the end of the first quarter and the 63.2% ratio at end-2025. It was also […]
Read more →Watch : NASA astronauts complete 6 Hour ISS spacewalk to prepare for solar array upgrade
Astronauts on Aug. 6, 2026 complete a US spacewalk outside the International Space Station, concluding the excursion after 6 hours and 27 minutes. NASA astronauts Jessica Meir and Anil Menon took part in the spacewalk, which was aimed at preparing the station's exterior for the installation of roll-out solar arrays, according to NASA. The new arrays will provide the station with additional power for operations and are scheduled for delivery later this year, NASA said. VIDEO BY REUTERS / NASA Che
Read more →194 LORIMER PTY LTD ANNOUNCES OFFERING OF AUD 15,070,272 SENIOR SECURED LOAN NOTE OFFER
MELBOURNE, Australia, Aug. 7, 2026 /PRNewswire/ -- 194 Lorimer Pty Ltd ACN 662 920 121 (the Issuer) is seeking to raise a total of AUD 15,070,272 in funds by the issue of loan notes, according to an announcement today by the underwriter Banner Capital Management Limited (the Arranger/Underwriter). The issue comprises progressively drawn notes as detailed below. The following is a text of the announcement: Banner Capital Management Limited as Arranger and Underwriter has announced today that the
Read more →Nxera Pharma Operational Highlights and Consolidated Results for the Second Quarter 2026
Tokyo, Japan and Cambridge, UK, 7August 2026 - Nxera Pharma ("the Company” or "Nxera”; TSE: 4565) provides an update on operational activities and reports its consolidated results for the second quarter ended 30 June 2026. The full report can be found here. Chris Cargill, President and CEO of Nxera, commented: "During the second quarter of FY2026, we continued to make steady progress across the business, building on the momentum achieved in the first quarter. Revenues from PIVLAZ® and QUVIVIQ® i
Read more →EXERCISE OF MAKE-WHOLE REDEMPTION OPTION
€ 750,000,000 5.375 per cent. Sustainability Linked Bonds due 28 May 2027 under the €5,000,000,000 Euro Medium Term Note Programme (The "Programme”) Series N°13 Tranche N°1 ISIN Code: FR001400EA16 7 August 2026, Paris - Reference is made to the terms and conditions (the "Terms and Conditions”) included in the base prospectus dated 14 June 2022 approved by the Autorité des marchés financiers under no. 22-211 on 14 June 2022 (as supplemented by a supplement approved by the Autorité des marchés fin
Read more →5.4 quake jolts Occidental Mindoro; intensities reported in over a dozen areas
A magnitude 5.4 earthquake struck Mamburao, Occidental Mindoro, on Friday, with shaking felt in more than a dozen areas, according to the Philippine Institute of Volcanology and Seismology (PHIVOLCS). The tremor occurred at 10:38 a.m., with its epicenter located about 13 kilometers southwest of Mamburao, Occidental Mindoro, PHIVOLCS said in Earthquake Information No. 2. PHIVOLCS […]
Read more →Four deaths, nearly 133,000 people affected by recent bad weather — OCD
At least four people have died, while nearly 133,000 individuals have been affected by the combined effects of Tropical Cyclones Luis and Maymay and the southwest monsoon, according to the Office of Civil Defense (OCD) on Friday. Two of the reported fatalities, along with one injury, were caused by a landslide in Benguet, OCD Deputy […]
Read more →NAVITIME JAPAN and Taiwan Tourism Administration Sign MOU to Promote "Smart Tourism"
- "Taiwan Travel by NAVITIME" App Adds Official TDX Transit Data and Expands Spot Listings to over 10,000 Locations across Taiwan - TOKYO, Aug. 7, 2026 /PRNewswire/ -- NAVITIME JAPAN Co., Ltd. announced that it signed a Memorandum of Understanding (MOU) for the "Taiwan Tourism Promotion Project" with the Tourism Administration, Ministry of Transportation and Communications (MOTC) of Taiwan on July 23, 2026. The partnership aims to stimulate inbound travel to Taiwan by improving overall convenien
Read more →Lumina Datamatics Completes Acquisition of TNQTech, Creating a Global Leader in Scholarly Publishing Solutions
MUMBAI, India, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Lumina Datamatics, a global leader in content, retail support, and technology solutions, today announced the completion of its acquisition of TNQTech, a leading Chennai-based publishing technology company. This transaction marks a significant milestone in Lumina Datamatics’ organic and inorganic growth strategy and positions the combined organization among the world’s largest providers of scholarly publishing solutions. The announcement follows th
Read more →Bavarian Nordic Receives European Commission Approval of Mpox/Smallpox Vaccine for Children Aged 2 to Less than 12 Years
MVA-BN approval expanded to include children aged 2 to less than 12 years for protection against mpox, smallpox and disease caused by vaccinia virusApproval further strengthens MVA-BN’s position in supporting global public health preparednessCOPENHAGEN, Denmark, August 7, 2026 - Bavarian Nordic A/S (OMX: BAVA) announced today that the European Commission has adopted the recent Committee for Medicinal Products for Human Use (CHMP) positive opinion recommending the approval of a type II variation
Read more →Eurocastle Releases Second Quarter and First Half 2026 Financial Results
EUROCASTLE INVESTMENT LIMITED FOR IMMEDIATE RELEASE Contact: Oak Fund Services (Guernsey) Limited Company Administrator Attn: Nicole Barnes Tel: +44 1481 723450 Eurocastle Releases Second Quarter and First Half 2026 Financial Results Guernsey, 7 August 2026 - Eurocastle Investment Limited (Euronext Amsterdam: ECT) ("Eurocastle” or the "Company”) today has released its financial report for the six months ended 30 June 2026. Q2 NAV increase of 4% to €22.0 million, or €21.81 per share: Driven by th
Read more →NBPE Announces Transaction in Own Shares
THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS Neuberger Private Equity Partners Announces Transaction in Own Shares St Peter Port, Guernsey 7 August 2026 Neuberger Private Equity Partners Limited ("NBPE” or the "Company”) today announces details of Class A Shares bought back pursuant to general authority granted by shareholders of the Company on 11 J
Read more →Cacao Culture marks 10th year with first 8.8 Chocolate Festival
Philippine chocolate maker Cacao Culture is marking its 10th year with the launch of the 8.8 Chocolate Festival, a month-long celebration aimed at increasing consumer interest in locally made chocolate while providing a platform for cacao growers and chocolate makers. Founded in 2016 by husband-and-wife entrepreneurs Kenneth and Shiela Reyes-Lao, Cacao Culture began as a […]
Read more →Kujira dissipates; Typhoon Dolphin enhances southwest monsoon, drenching Luzon
Tropical Cyclone Kujira, locally known as Maymay, has dissipated after being absorbed by Typhoon Dolphin (international name), which is enhancing the southwest monsoon and bringing heavy rains over Luzon, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Friday. “As of eight in the morning, the low pressure area in the Philippine […]
Read more →Vibe Hotels expands Metro Manila footprint with Alabang opening
Vibe Hotels has expanded its presence in Metro Manila with the opening of its Alabang branch, as the hospitality brand of Sun Group of Companies seeks to bring its accommodations and dining concepts to more travelers. Vibe Hotel Alabang officially opened with a ribbon-cutting ceremony attended by executives of Sun Group of Companies, government officials, […]
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