Philippines Business News

"it's futuristic to see the level of automation", Ian Thorpe in an Exclusive Interview at Fox ESS's Factory

WENZHOU, China, Aug. 5, 2026 /PRNewswire/ -- Recently, Ian Thorpe, an Australian multiple Olympic champion and Fox ESS's brand ambassador, visited Fox ESS's new smart factory in Wenzhou. Opened in June, the facility integrates cutting-edge technologies and has increased production efficiency by 66.7%. The factory covers 46,000 square metres and forms part of Fox ESS's plan to scale up manufacturing, reinforcing its long-term commitment to low-carbon energy solutions and global growth. "It's been

PCCI-NCR to convene nation's top businesses, government leaders at Metro Manila Business Conference 2026

Premier conference to drive solutions on energy, trade, security, AI, and regional competitiveness toward a stronger and more resilient ASEAN.

WATCH: Remulla denies Dela Rosa arrest

Interior Secretary Jonvic Remulla on Aug. 5, 2026 denies the arrest of Sen. Bato dela Rosa, dismissing it as 'fake news.' VIDEO BY IZEL ABANILLA

Trident Resources Provides La Ronge Gold Belt Exploration Update and Appoints Indigenous Engagement Consultant

Vancouver, BC, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF) (Frankfurt: 6BP0) ("Trident” or the "Company”) is pleased to provide an update on the current drilling and field reconnaissance programs at their La Ronge Gold Belt Properties (LRGB) in Northern Saskatchewan, and to announce the appointment of T Global Consulting Services to support the Company’s Indigenous and community engagement initiatives. Trident’s Regional Project Location Map: https://www

Zeotap launches end-to-end Composable CDP Native App on Snowflake Marketplace

Zeotap now runs the entire CDP - identity, segmentation, orchestration and activation- natively in a customer's own Snowflake account, with zero copy and zero data movement LONDON, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Zeotap, the enterprise Customer Data Platform (CDP) built in Europe with privacy at its core, today announced the availability of Zeotap as a Snowflake Native App on Snowflake Marketplace. Zeotap’s complete CDP runs end-to-end inside an enterprise's own Snowflake account, meaning iden

UOB advances wealth ambitions with strategic distribution partnership with Allianz Global Investors

Strategic partnership expands investment access and enhances UOB's advisory-led wealth proposition for customers across ASEAN SINGAPORE, Aug. 5, 2026 /PRNewswire/ -- UOB Group has entered into an agreement for Allianz Global Investors (AGI) to acquire UOB Asset Management (UOBAM). The acquisition by AGI covers the UOBAM franchise across eight Asian markets - Singapore, Brunei, Indonesia, Japan, Malaysia, Taiwan region, Thailand and Vietnam. As part of the agreement, UOB and AGI will establish a

NueCell Bio Announces its Launch as a New Translational Partner for Cell Therapies with Unique Expertise to Accelerate Treatments from Discovery into GMP Manufacturing

SAN DIEGO, Aug. 5, 2026 /PRNewswire/ -- NueCell Bio, a newly established cell therapy science and development services company that utilizes proprietary modular translational development solutions focused on advancing modern cell therapies from scientific discovery through clinical readiness, today announced its launch as a specialist partner uniquely positioned to advance and accelerate cell-based treatments to patients. NueCell Bio is led by a team possessing unprecedented experience in the ad

COA auditor bares irregularities in use of Duterte’s confidential funds

MANILA, Philippines — A Commission on Audit (COA) official cited alleged irregularities in the use of confidential funds by Vice President Sara Duterte on the second day of his testimony before the Senate impeachment court hearing evidence on the alleged fund misuse, one of four Articles of Impeachment filed against her. Prosecution witness Roderick Wamil, an auditor assigned to the Commission on Audit’s Intelligence and Confidential Fund Audit Office, said the Office of the Vice Pre

WATCH: New Health chief convenes 'Council of Experts' for Universal Health Care implementation

Health Secretary Jose Pujalte Jr. convenes the Department of Health's 'Council of Experts' composed of former Health secretaries to advise him on how Universal Health Care should be implemented under his administration. The experts are composed of Jaime Galvez-Tan, Carmencita Reodica, Manuel Dayrit, Esperanza Cabral, and Janet Garin. VIDEO BY RED MENDOZA

GunStreamer Reports Licensed Dealer Sold 175 Firearms Across 15 Live Broadcasts

Van's Sporting Goods of Cullman, Alabama moved more than $100,000 in inventory in under three months on the live-stream marketplace for federally licensed dealers VINEMONT, Alabama, Aug. 05, 2026 (GLOBE NEWSWIRE) -- GunStreamer, the live-stream marketplace for licensed firearms dealers, today reported that one dealer on the platform sold 175 firearms across 15 live broadcasts this spring and summer. Van's Sporting Goods, a federally licensed dealer in Cullman, Alabama, made those sales between A

Correction: Upward adjustment of expectations for 2026

Correction: The company announcement regarding the upward adjustment of expectations was reported in the wrong category in the Danish version. It should have been reported in the category Inside information instead of Other disclosure obligations according to the stock exchange rules. This correction only concerns the Danish version. --- Nasdaq Copenhagen Euronext Dublin London Stock Exchange Other stakeholders Date: 5 August 2026 Upward adjustment of expectations for 2026 Ringkjøbing Landbobank

Intelligence Indeed's Z-Agent Becomes OSWorld's First 90%+ Dark Horse

HANGZHOU, China, Aug. 05, 2026 (GLOBE NEWSWIRE) -- An AI agent product, which was developed by a Chinese artificial intelligence company, has become the first participant to break the 90% success rate barrier on OSWorld, a globally recognized benchmark for evaluating computer operation capabilities. Headquartered in Zhejiang, Intelligence Indeed announced on July 27 that its self-developed "Z-Agent" topped the global OSWorld leaderboard with a task success rate of 90.2% and simultaneously secure

CallTower Launches the Upfront Advantage, an Exclusive Incentive Program for Partners

New invite-only program provides upfront financial incentives to accelerate customer acquisition, strengthen channel growth, and create long-term earning opportunities. SALT LAKE CITY, UT, Aug. 05, 2026 (GLOBE NEWSWIRE) -- CallTower, a global leader in delivering unified communications, contact center, and collaboration solutions, today announced the launch of its new Upfront Advantage Partner Program, an exclusive, invite-only initiative designed to help partners accelerate revenue realization

Sampo Group's results for January-June 2026 will be published on 12 August 2026

Sampo plc, press release, 5 August 2026 at 10:00 am EEST Sampo Group's results for January-June 2026 will be published on 12 August 2026 Sampo Group will publish the Half-Year Financial Report for January-June 2026 on 12 August around 8:30 am Finnish time (6:30 am UK time). The report and investor presentation will be available at www.sampo.com/result. Conference call 12 August at 10:30 am Finnish time (8:30 am UK time) To ask questions, please join the teleconference by registering using the fo

Multiverse Computing and Qualcomm Collaborate to Bring Efficient AI Models to Data Centers

Multiverse Computing's AI models will be specialized for Qualcomm Dragonfly AI200 and AI250 accelerators DONOSTIA-SAN SEBASTIÁN, Spain and SAN DIEGO, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Multiverse Computing today announced a collaboration with Qualcomm Technologies, Inc. to bring highly efficient AI models to data centers worldwide. Multiverse Computing's AI models will be specialized for Qualcomm Dragonfly™ AI200 and AI250 accelerators. The collaboration focuses on Qualcomm Technologies' AI accel

Sun Hung Kai Properties Hong Kong Cyclothon Returns on 11 October

Registration opens on 20 August for a one-of-a-kind cycling adventure through Hong Kong's iconic cityscapes along enhanced routes HONG KONG, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Mark your calendar for Sunday, 11 October, as the Sun Hung Kai Properties Hong Kong Cyclothon (Hong Kong Cyclothon) returns. Organised by the Hong Kong Tourism Board (HKTB), Hong Kong’s largest annual cycling event this year features two scenic rides - a 56km Ride and a 32km Ride - inviting visitors and cycling aficionados

Gulf oil exports steady in July despite fighting, still below pre-war levels

SpaceX revenue jumps in debut results as satellite, AI businesses surge

SpaceX's revenue nearly doubles due to booming Starlink satellite communications and AI businesses, but executives flag the spending as being far from over

Philippine inflation eases to 6.2% in July 2026

Philippine inflation rate eased further in July.

Cheaper PH electricity? Go beyond system loss; fix costly power contracts

System loss may dominate the debate, but generation costs makes up the vast majority of your electricity bill – and fixing it could cut Luzon household rates by up to 28%, says the World Bank

Japan lends Philippines P11.54 billion for health care

The loan will support financing, service delivery and accountability reforms.

Inflation eases to 6.2% in July 2026, but still elevated

(1st UPDATE) Despite the broader disinflation trend, inflation for the poorest households rises to 8.2% as rice prices continue to climb

Mideast deal hopes; SpaceX, AMD earnings in focus - what’s moving markets

Riyadh Air to start Manila-Riyadh flights in September

Saudi Arabia’s new national carrier, Riyadh Air, is opening a direct connection between Manila and Riyadh.