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Philippines Business News

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4286 articles from Manila Times Business

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Manila Times Business

WuXi Biologics Achieves MSCI ESG AAA Rating and MSCI Selection Indexes Inclusion for Fourth Consecutive Year

Maintained the highest MSCI AAA ESG Rating for the fourth consecutive year under the new ESG Model 5.0 (2026)Included in the MSCI ESG Selection Indexes for the fourth consecutive yearLeader in Green CRDMO solutions for a healthier futureSHANGHAI, July 8, 2026 /PRNewswire/ -- WuXi Biologics (2269.HK), a leading global Contract Research, Development, and Manufacturing Organization (CRDMO), today announced that it has achieved MSCI's highest AAA ESG rating and been included in the MSCI 2026 Selecti

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Manila Times Business

Xinhua Silk Road: Int'l beer festival kicks off in ice and snow world of Harbin, NE China

BEIJING, July 8, 2026 /PRNewswire/ -- When the 24th Harbin International Beer Festival opened recently at Harbin Ice-Snow World, the "ice city" in northeast China welcomed visitors with not only a feast on the tip of the tongue, but also delightful festive experiences, reported Harbin Daily. Photo shows a scene of the 24th Harbin International Beer Festival. (Photo by Liu Yang) For the city, capital of Heilongjiang Province, the event that has been held for 24 consecutive years is a core compone

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Manila Times Business

Kinetics, a Karpowership Initiative, Begins Construction of Its First High-Capacity FSRU

LONDON, July 8, 2026 /PRNewswire/ -- Kinetics has reached a major milestone in the expansion of its floating LNG infrastructure portfolio with the start of construction of LNGT Karadeniz, its first high-capacity Floating Storage and Regasification Unit (FSRU). Officially launched with a steel-cutting ceremony at Seatrium's Tuas Boulevard Yard in Singapore, the vessel will deliver up to 600 million standard cubic feet per day (mmscfd) of regasification capacity, marking a significant step in Kine

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Manila Times Business

Power One Files for Drilling Permit to Deep Test Pecors Magnetic Anomaly

VANCOUVER, British Columbia, July 08, 2026 (GLOBE NEWSWIRE) -- Power One Resources Corp. (TSX:V - PWRO) ("Power One” or the "Company”) is pleased to announce it has filled for an updated drill permit to return to the Pecors Project with plans to deep-test the Pecors magnetic anomaly. The Permit application is currently under review by the Ontario Ministry of Mines. The Pecors Project located within the Elliot Lake uranium district has proven to yield multi-element precious and critical minerals

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Manila Times Business

Statkraft to invest in 280 MW wind project in Brazil

Gran Sul project area Parts of the area where Gran Sul wind project will be built. Gran Sul map Map of Brazil (Florianópolis, Brazil/Oslo, Norway 8 July 2026) - Statkraft has decided to invest in Gran Sul, a 280 MW onshore wind project in the state of Rio Grande do Sul, Brazil. The investment strengthens Statkraft’s renewable energy portfolio in one of the company’s key international growth markets. The Gran Sul project is located in Santa Vitória do Palmar, an area with strong wind resources in

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Manila Times Business

Payhawk surpasses $100M ARR and grows faster and leaner in Europe, driven by AI-native rebuild

The spend management platform reports 159% YoY growth in net new business, 95% YoY growth in payments volumes, and 75% jump in ARR per employee, after rebuilding its products and operations around autonomous AI agents Payhawk Centaur announcement Payhawk founders: Hristo Borisov, Boyko Karadzhov, Konstantin Dzhengozov LONDON, July 08, 2026 (GLOBE NEWSWIRE) -- Payhawk, the AI-native spend management platform, has surpassed $100M ARR to reach Centaur status, joining the roughly 250 private softwar

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Manila Times Business

Fluke Helps Solar Installers Take the Risk Out of Rooftop Panel Installation with New PV Module Lift

Innovative lifting solution eliminates the need to carry solar panels up ladders, reducing installer fatigue and supporting OSHA ladder safety requirements Fluke Helps Solar Installers Take the Risk Out of Rooftop Panel Installation with New PV Module Lift Innovative lifting solution eliminates the need to carry solar panels up ladders Fluke Helps Solar Installers Take the Risk Out of Rooftop Panel Installation with New PV Module Lift Innovative lifting solution eliminates the need to carry sola

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Manila Times Business

Jahns storms to 3-shot lead in weather-hit ICTSI Pradera

MANILA, Philippines – Keanu Jahns capitalized on another scoring opportunity at Pradera Verde Golf and Country Club, delivering a second straight 68 to seize control of the ICTSI Pradera Verde Championship and open a three-shot lead over Tony Lascuña at the halfway mark in Lubao, Pampanga on Wednesday. Not even a late-round downpour – accompanied by lightning and thunderstorms which forced a one-hour suspension of play – could derail Jahns’ charge back to the top o

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Manila Times Business

China-Mexico Dialogue on Rail Transit Highlights Sustainable Urban Development and Cultural Cooperation

MEXICO CITY, July 8, 2026 /PRNewswire/ -- On July 2, 2026, representatives from UNESCO, Chinese and Mexican government agencies, industry associations and businesses gathered in Mexico City for the China-Mexico Dialogue for a Green Future on Rail Transit, exploring how sustainable transportation can improve urban mobility while strengthening cultural ties between the two countries. Held under the theme "Green Mobility, Shared Civilizations," the event provided a forum to exchange perspectives on

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Manila Times Business

Dumbo Health Launches SleepLongevityAge, Bringing Clinical Care to the World’s Most Overlooked Health Metric

Introducing Sleep Longevity: a new category of care that turns the world’s most overlooked health metric into action. Sleep better. Live longer. Miami, Florida, July 08, 2026 (GLOBE NEWSWIRE) -- Millions of people wake up tired every morning, and most never find out why. Americans have never known more about how they sleep: Apple Watch, Oura, Whoop, Garmin, and other wearables generate millions of sleep scores every morning. Yet for most people, those scores never lead to action. Today, Dumbo He

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Manila Times Business

Ignitis secures additional long-term capacity at the Klaipėda LNG terminal

AB "Ignitis grupė” (hereinafter - the Group) announces that, following the long-term capacity allocation procedure conducted by Klaipėda LNG terminal operator AB "KN Energies” (hereinafter - KN Energies), its subsidiary UAB "Ignitis”, in accordance with the Regulations for Use of the Liquefied Natural Gas Terminal, has additionally secured 2 TWh of annual regasification capacity on the secondary market for the period of 2033-2044. On 10 June 2026, the Group announced that it had reserved 4 TWh o

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Manila Times Business

AIWANATECH Expands Global OEM/ODM Business with Sustainable Air Care Technologies

SEOUL, South Korea, July 8, 2026 /PRNewswire/ -- AIWANATECH, a South Korean home appliance innovator specializing in air care solutions, is strengthening its global expansion strategy by leveraging its proprietary air purification technologies and OEM/ODM manufacturing capabilities. The company plans to introduce upgraded products in the second half of the year while expanding partnerships with international brands and distribution channels. Founded in 2019, AIWANATECH develops environmentally f

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Manila Times Business

Novian group significantly improved profitability in 2025 and increased export revenue by 52%

In 2025, the Novian IT solutions and services group-maintained revenue of more than EUR 40 million, significantly improved its profitability indicators and increased exports. The group’s consolidated revenue amounted to EUR 40.25 million, gross profit grew to EUR 9.21 million, and adjusted EBITDA increased by 25.9% to EUR 3.53 million. Adjusted operating profit in 2025 amounted to EUR 2.54 million and was 49,6% higher than in 2024. Adjusted net profit more than tripled to EUR 1.64 million. Adjus

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Manila Times Business

Crypto News Today: AlphaPepe Presale Nears $2M Raised as Bitcoin Price Prediction Eyes New All-Time Highs

MONACO, July 07, 2026 (GLOBE NEWSWIRE) -- Crypto news today is starting to look more constructive after a rough stretch for Bitcoin and the wider market. BTC has been trying to recover from recent pressure, and traders are once again asking whether the next major cycle can push Bitcoin back toward new all-time highs. But while Bitcoin bulls wait for stronger confirmation, AlphaPepe is moving on a faster presale clock. The project has now raised $1.94 million, is nearing the $2 million milestone,

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Manila Times Business

IperionX Announces Pricing of Public Offering of American Depositary Shares

SOUTH BOSTON, Va., July 07, 2026 (GLOBE NEWSWIRE) -- IperionX Limited ("IperionX” or the "Company”) (Nasdaq:IPX; ASX:IPX) today announced the pricing of an underwritten public offering of 2,275,000 of its American Depositary Shares ("ADSs”), with each ADS representing 10 of its ordinary shares ("Public Offering”), at a price per ADS to the public of $21.98, for aggregate gross proceeds of approximately $50 million, before deducting underwriting discounts, commission and estimated offering expens

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Manila Times Business

Eavor Advances Next-Generation Geothermal Technology with Support from the Government of Alberta

CALGARY, Alberta, July 07, 2026 (GLOBE NEWSWIRE) -- Eavor Technologies Inc. (Eavor), the geothermal technology company leveraging Alberta's drilling expertise to deliver scalable clean energy, has been awarded $8 million from the Government of Alberta's industry-supported Technology Innovation and Emissions Reduction (TIER) fund through Emissions Reduction Alberta (ERA)'s Drilling Technology Challenge. The funding will support Eavor-Jules™, an approximately $83 million project to advance the com

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Manila Times Business

Production in Top Half of FY2026 Guidance

Quarterly Production of 42,491 oz AuEq1, Full Year2 168,337 oz AuEq Closing cash of $432 million - a $104 million increase from March 2026 Quarterly gold production of 42,491 AuEq1 oz, comprised of:MineGroup Q4 (1 Apr - 30 Jun 2026) Group YTD2 (1 Jul - 30 June 2026) ProductionTomingley20,896 Au oz 82,973 Au oz Costerfield10,117 Au oz 456 Sb t 11,659 AuEq oz 40,103 Au oz 1,298 Sb t 44,527 AuEq oz Björkdal9,935 Au oz 40,837 Au oz Consolidated40,949 Au oz 456 Sb t 42,491 AuEq oz 163,912 Au oz 1,298

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Manila Times Business

TEN YEARS IN THE MAKING. FXTRADING.COM IS JUST GETTING STARTED.

SYDNEY, July 8, 2026 /PRNewswire/ -- FXTRADING.com today marks ten years of operation, a milestone the CFD trading platform is using to set out what the next phase of its business will be built on: a trading and investment ecosystem engineered, built and owned end-to-end, in-house. A commitment they have labelled "engineered trust". 10 Years of Engineering Excellence Over the past decade, FXTrading.com has built its execution, risk systems, client portal and trading platforms internally rather t

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Manila Times Business

Stuck on the Sidelines: Carlsberg reveals Three-Quarters of Adults Will Watch Football This Summer, but a Third Haven't Played a Game in Six Months or More

COPENHAGEN, Denmark, July 8, 2026 /PRNewswire/ -- A third of adults (31%) admit that they've not had a kickabout in six months or more*, compared to the whopping 73% who will watch a game this summer. Carlsberg unveils Goal Posters (across the UK) to encourage everyone to pick up a ball and have experience the joy of a kickabout this summer. With the summer of football now in full swing, Carlsberg has sought to change this and get people back out and experiencing the joy of playing football. Acc

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Manila Times Business

Tiger Research Report: Institutional RWA Adoption Moves Beyond Tokenization to Capital Market Infrastructure Overhaul

SEOUL, South Korea, July 8, 2026 /PRNewswire/ -- Tiger Research, a Seoul-based blockchain research firm, reports that institutional RWA tokenization has entered a new phase. The real transformation is not in placing assets onchain, but in reconstructing the clearing systems, settlement layers, and liquidity networks underpinning every institutional transaction. According to rwa.xyz, onchain-issued assets reached approximately USD 34 billion as of May 2026, more than 20 times the USD 1.5 billion

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Manila Times Business

NLCS (Singapore)'s Class of 2026 Delivers Outstanding IB Diploma Results

SINGAPORE, July 8, 2026 /PRNewswire/ -- A Proud Moment for the NLCS (Singapore) Community North London Collegiate School (Singapore) has announced one of its strongest International Baccalaureate Diploma Programme results to date, with the Class of 2026 achieving the highest outcomes in the school's history across several key measures. With caps in the air and futures ahead of them, the Class of 2026 celebrates the end of one remarkable chapter and the beginning of another, embodying the spirit

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Manila Times Business

OTR Therapeutics Enters Strategic Collaboration with LG Chem to Accelerate Development of Novel Oncology Therapies

SHANGHAI, July 8, 2026 /PRNewswire/ -- OTR Therapeutics, a clinical-stage biotechnology company dedicated to transforming early-stage innovations into globally impactful therapies, today announced that it has entered into a strategic collaboration agreement with LG Chem, a leading global company that specializes in life sciences as one of its core businesses. The strategic alliance is structured to accelerate joint efforts to identify, evaluate and develop novel oncology assets from China. The c

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Manila Times Business

Quantum BioPharma Provides Corporate Update

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. TORONTO, July 07, 2026 (GLOBE NEWSWIRE) -- Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) (FRA: 0K91) ("Quantum BioPharma” or the "Company”), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, is pleased to announce the following corporate updates. Quantum Biopharma ha

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Manila Times Business

TaiMed Biologics (4147) Receives TFDA Drug License Collection Notice for Trogarzo, Marking the Final Step Toward Commercial Launch in Taiwan

TAIPEI, July 07, 2026 (GLOBE NEWSWIRE) -- TaiMed Biologics (TPEX: 4147) announced today that its HIV therapy Trogarzo (ibalizumab; English name: Trogarzo Injection; Chinese name: 佐加洛注射劑) has officially received a Drug License Collection Notice from the Taiwan Food and Drug Administration (TFDA). Its commercialization partner, Orient EuroPharma Co., Ltd. ("Orient EuroPharma"; TPEX: 4120), will complete the required procedures to obtain the drug license in accordance with TFDA regulations, marking

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