Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
8762 articles across all sources
Wizstar Among the First to Integrate Seedance 2.5
NEW YORK, Aug. 5, 2026 /PRNewswire/ -- Wizstar will be among the first platforms to integrate Seedance 2.5, bringing the next generation of AI video creation to creators and enterprises. As AI video technology continues to evolve, users are demanding longer, higher-quality, and more controllable video generation. The integration of Seedance 2.5 will further expand Wizstar's AI video capabilities, giving users early access to one of the industry's latest video generation models. Seedance 2.5 on W
Read more →New Publications Highlight Challenges in Recognizing and Treating Anaphylaxis in Infants and Toddlers
Two newly published papers underscore the need for increased awareness, caregiver education, and preparedness to help ensure timely use of epinephrine during severe allergic reactions Glen Allen, VA, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Kaléo today highlighted findings from two newly published papers that shed light on challenges in recognizing and treating anaphylaxis in infants and toddlers. Because signs and symptoms in young children may differ from those seen in older children and adults, seri
Read more →IDB Expands Financing for Security in Latin America and the Caribbean to $4 Billion
Expanded pipeline responds to the region’s demands and builds on the success of the Alliance for Security, Justice and Development IDB Group President Ilan Goldfajn IDB Group President Ilan Goldfajn speaks at the Security Summit in Brasilia BRASILIA, Brazil, Aug. 05, 2026 (GLOBE NEWSWIRE) -- At the Regional Security and Justice Summit in Brazil, the Inter-American Development Bank (IDB) announced a historic expansion of financing for security in Latin America and the Caribbean from its previous
Read more →Latisha Rose Appointed President and General Manager of Orbitel Communications
MARICOPA, Ariz., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Orbitel Communications, a locally-based broadband communications company providing voice, video, mobile, and multi-gigabit high speed internet connectivity, has officially appointed Latisha Rose to President and General Manager. Serving as interim President and GM since September 2025, Rose extends her leadership role and continues to drive the development of the local go-to-market strategy and key initiatives. She manages the organization with
Read more →Flock Conducting Nationwide Safety Audit of Camera Pole Installations
More than a dozen already adjusted in Tennessee Atlanta, GA, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Flock has kicked off a nationwide review of camera pole installations across its network to ensure they are best positioned for drivers’ safety. While Flock’s installation standards are already designed to comply with strict transportation, accessibility, and engineering standards, recent feedback highlighted opportunities to optimize specific locations. Meeting existing standards is important, but Flo
Read more →Egnyte Launches AI-Powered Workflow Automation With Built-In Governance to Help Organizations Scale Efficiently and Securely
New bulk extraction capabilities, natural-language-based agent building, a next-gen workflow builder, a new AI interface with document creation, and Regulation-to-Audit capabilities give regulated teams the ability to automate document-intensive processes in a governed environment, without IT dependency MOUNTAIN VIEW, Calif., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Egnyte, a leader in secure content collaboration, intelligence, and governance, today announced new AI-powered workflow automation capabil
Read more →MEXC 0808 debuts as an annual brand event with Stock Season and a $500,000 prize pool
MUTSAMUDU, Comoros, Aug. 05, 2026 (GLOBE NEWSWIRE) -- MEXC, a pioneer in 0-fee digital asset trading, today unveiled MEXC 0808: Stock Season, the inaugural edition of its annual brand celebration centered on 0 Fees and Infinite Opportunities. Early bird registration is now open, ahead of the main campaign launch on August 8, offering participants the opportunity to compete for a share of a $500,000 prize pool. The launch establishes MEXC 0808 as an annual brand milestone built around 0 Fees and
Read more →DENR sees potential P38T in forestry investments
THE Department of Environment and Natural Resources (DENR) said it will open up suitable forest land for investment, adding that forests could generate up to P38 trillion from parties interested in developing them. Sustainable forestry investments are projected to generate P38 trillion in production value from 2027 to 2052, specifically from agroforestry and tree plantation […]
Read more →Abalos offers mediation between firms, agencies to advance EoDB agenda
CABINET SECRETARY Benjamin D. Abalos, Jr. said he is available to mediate between businesses and government agencies to advance the implementation of the Ease of Doing Business (EoDB) law. Mr. Abalos had met with a delegation representing the Philippine Chamber of Commerce and Industry, the Philippine Exporters Confederation, Inc.; Philippine Stock Exchange Council of Leaders; […]
Read more →LGU applications to incur debt hit P8.49B in July
THE NUMBER of debt certifications issued by the Bureau of Local Government Finance (BLGF) more than tripled in July, covering P8.49 billion in proposed local government borrowing. The BLGF issued 22 new Certificates of Net Debt Service Ceiling and Borrowing Capacity during the month, more than triple the seven certificates issued in July last year. […]
Read more →PHL lobbies US for removal of 12.5% forced-labor tariff
THE US has already received the Philippine government’s joint administrative order (JAO) to investigate the import of goods made with forced labor, in a bid to get Washington to reconsider the 12.5% tariff imposed in its exports, a trade official said. “We are in close coordination with the USTR (US Trade Representative) in terms of […]
Read more →Poultry, livestock output seen positive in Q2 due to strong supply, production
POULTRY and livestock in the second quarter are estimated to have improved year on year due to excess supply of poultry and improved livestock and hog production, industry officials said. Elias Jose M. Inciong, chairman of the United Broiler Raisers Association, said poultry output is expected to increase, with the surplus offsetting poor farmgate prices […]
Read more →NGO bats for more safeguards to prevent corruption in budget
GOVERNMENT WATCH Convenor-Director Joy G. Aceron said the budget should be accompanied by stronger corruption-prevention measures. “The DBM must push the agencies more to identify and address corruption- and inefficiency-prone programs and projects,” she said. Ms. Aceron said the Department of Budget and Management (DBM) should examine Commission on Audit (CoA) reports and address their […]
Read more →Philguarantee-covered agri loans up 43% in first half
AGRICULTURAL LOANS covered by the Philippine Guarantee Corp. (Philguarantee) rose 42.96% in the first six months, driven by increased lending activity by partner lending institutions (PLIs) supporting small farmers and fisherfolk (SFFs). In its Agricultural Guarantee Fund Pool status report, the state-run corporation said year to date total guaranteed loans hit P3.34 billion at the […]
Read more →What finance leaders need to know about upcoming PFRS changes
For many finance teams, reporting obligations seemingly continue to expand. However, as businesses grow more complex, financial reporting does not always need to become heavier. The latest Philippine Financial Reporting Standards (PFRS) developments point toward a more proportionate approach — one that balances transparency, relevance, and practicality. Finance leaders should note three key developments: (1) […]
Read more →Fuel discount subsidy for transport sector raised to P12 per liter
Starting August 15, the fuel subsidy for PUV drivers will increase to P12 per liter.
Read more →GreatDay HR expands southeast asia footprint as SMEs accelerate HR digital transformation
As businesses across Southeast Asia accelerate digital transformation, GreatDay HR is expanding its regional footprint to help small and medium enterprises modernize how they manage their people.
Read more →21 senators set politics aside to back P85 wage hike in NCR
Twenty-one senators set aside their political differences and joined the call to lift the suspension on the implementation of the P85 daily minimum wage hike in Metro Manila.
Read more →Duane 'Keffe D' Davis, charged with organizing the 1996 killing of Tupac Shakur, is on trial
LAS VEGAS — The man who prosecutors say orchestrated the 1996 killing of rap icon Tupac Shakur is scheduled to go to trial Monday, almost 30 years after the fatal drive-by shooting in Las Vegas. Duane “Keffe D” Davis, 63, faces a single count of murder with a deadly weapon with the intent to promote, further or assist a criminal gang in Shakur's death. He's been jailed since late 2023 and has pleaded not guilty. For decades, Shakur's unsolved killing has gripped hip-hop fans. H
Read more →Form 8.5 (EPT/RI) - CAB Payments Holdings Plc
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code”) 1. KEY INFORMATION (a) Name of exempt principal trader:Shore Capital Stockbrokers Ltd(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree CAB Payments Holdings Plc(c) Name of the party to the offer with which exempt principal trad
Read more →Form 8.5 (EPT/RI) - Alternative Income REIT plc
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code”) 1. KEY INFORMATION (a) Name of exempt principal trader:Shore Capital Stockbrokers Ltd(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree Alternative Income REIT plc(c) Name of the party to the offer with which exempt principal tr
Read more →Sands China Earns Great Place To Work Certification™
First integrated tourism and leisure enterprise in Greater China to receive this recognition MACAO, Aug. 5, 2026 /PRNewswire/ -- In recognition of its people-centric corporate culture and outstanding workplace environment, Sands China Ltd. has been awarded the Great Place To Work Certification™ upon its first participation in the assessment conducted by Great Place To Work™, a global authority on workplace culture. The company has become the first integrated tourism and leisure enterprise in Gre
Read more →Sinopec Commissions 50,000-Ton Specialty PVA Facility, Creating World's Largest Single-Site High-End PVA Production Base
CHONGQING, China, Aug. 5, 2026 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has commissioned a specialty polyvinyl alcohol (PVA) resin facility with an annual production capacity of 50,000 metric tons at its subsidiary, Chongqing SVW Chemical Co., Ltd. The facility achieved stable operation during its initial startup and produced products that met quality specifications, with the first shipment already sent to Europe. The new facility increases the site's total P
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