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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

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Manila Times Business

Zelluna ASA: Disclosure of large shareholding

Reference is made to the stock exchange announcement published by Zelluna ASA (the "Company") on 4 August 2026 regarding the issuance of 446,752 new shares to Inven2 AS. Inven2 AS currently holds 1,439,325 shares in the Company, representing approximately 4.9% of the shares and voting rights. Following registration of the share capital increase, Inven2 AS will hold 1,886,077 shares, representing approximately 6.3% of the shares and voting rights. Accordingly, Inven2 AS will exceed the 5% disclos

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Manila Times Business

Virtus Successfully Completes $10 Million Capital Raise for Real Estate Investment Strategy

TORONTO, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Virtus Capital Corporation, the asset manager of Virtus Diversified Real Estate Investment Trust, the real estate investment strategy, is pleased to announce it successfully completed a $10 million capital raise in June 2026. This raise was completed through portfolio managers and investment advisors utilizing a new Canadian investment vehicle managed by iCapital.1 For wealth management advisors, this partnership delivered a direct, institutional-grade

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Manila Times Business

How Hand Gestures Can Support Communication for Those With Autism and ADHD, and/or Language Impairments

A Free Webinar from the Brain & Behavior Research Foundation Webinar Presenter Nadya Modyanova, Ph.D. Webinar Moderator Jeffrey Borenstein, M.D. New York, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Sometimes, the smallest gesture can create a meaningful connection. For people with autism, ADHD, and language impairments, caregiver hand gestures can help make communication easier and more accessible. Join us for a free webinar, "How Hand Gestures Can Support Communication for Those With Autism and ADHD, an

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Manila Times Business

Major Multi-Hospital System Selects 3CLogic to Modernize IT Service Operations with Voice AI for ServiceNow

The deployment embeds real-time transcription, live-agent automation, and unified analytics directly within ServiceNow, helping a major healthcare provider resolve IT issues faster and lower the cost of support. ROCKVILLE, Md., Aug. 4, 2026 /PRNewswire/ -- 3CLogic, the leading AI-powered voice platform purpose-built for ServiceNow, today announced that a northeastern health network has selected its Voice AI and contact center solution to modernize its IT service desk and unify voice with its exi

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Manila Times Business

Splash Tents, Inc. Celebrates 10-Year Milestone with Garfield Ridge Stars and Stripes providing weather-resistant 10x20 Custom Pop-Up Canopy Tents in Chicago

CHICAGO, Aug. 04, 2026 (GLOBE NEWSWIRE) -- The Garfield Ridge Stars and Stripes 5K Run, a Chicago-based charitable organization dedicated to honoring the sacrifice of fallen First Responders and Military Personnel, is proud to announce its annual event. This year, the organization will pay a special tribute to Chicago Firefighter Andrew "Drew" Price, who tragically lost his life in November 2023while bravely battling a fire in the Lincoln Park area. To celebrate a milestone 10-year partnership w

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Manila Times Business

AKA Launches 'EOS' Sales Knowledge Engine Globally, Now Available on AWS Marketplace

EOS verifies what sales reps actually say against company documents - and turns every failed claim into a citation-backed quiz that certifies real product knowledge SEOUL, South Korea, Aug. 4, 2026 /PRNewswire/ -- AKA, an AI business solutions company, today announced the global launch of EOS, a Sales Knowledge Engine that verifies and certifies the factual product knowledge of customer-facing teams. Alongside the launch, EOS is now listed on the Amazon Web Services (AWS) Marketplace, enabling e

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Manila Times Business

AuctuCel launches AuctuPrime to reduce biological variability in cell therapy manufacturing

Chemically defined medium removes animal serum and human platelet supplements as Malaysia and Singapore strengthen advanced therapy capabilities SINGAPORE - Media OutReach Newswire - 4 August 2026 -Singapore is estimated to record approximately 19,290 new cancer cases in 2024, underscoring the growing demand for advanced treatment options and the manufacturing systems needed to produce them consistently. As cell therapies move from research towards clinical use, the reliability of every raw mate

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Manila Times Business

Bybit.eu Expands European Offering as Bybit Payments GmbH Secures Electronic Money Institution Licence

The licence will support regulated e-money and payment services on the Bybit.eu platform, alongside the crypto-asset services. VIENNA, Aug. 4, 2026 /PRNewswire/ -- Bybit.eu today announced that Bybit Payments GmbH has been granted an Electronic Money Institution (EMI) licence by Austria's Financial Market Authority (FMA). Bybit Payments GmbH will provide regulated e-money and payment services through the Bybit.eu platform. Crypto-asset services on the same platform are provided separately by Byb

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Manila Times Business

Meantio Debuts All-In-One AI Short Drama Platform, Empowering Creators to Build and Share Vertical Stories

New platform empowers anyone to create, share, and monetize short-form dramas with built-in AI tools and a creator-first community Los Angeles, CA, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Meantio, a new short drama platform built on the belief that every story is meant to be seen, today announced its official launch on iOS. The platform combines free short-form drama consumption with AI-powered creation tools and a vibrant creator community, positioning itself at the intersection of entertainment, tec

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Manila Times Business

Advocates and Bipartisan Lawmakers Rally at California State Capitol in Support of a Lesser-Known Form of Dementia

Emma Heming Willis joins other frontotemporal degeneration (FTD) advocates and California lawmakers in urging the state Assembly to advance legislation Advocates and Bipartisan Lawmakers Unite at California State Capitol Pictured (left to right): Jenny Catchings, Douglas Ferro, Lisa Ferro, Senator Roger Niello, Emma Heming Willis, Terry Walter, Julia Pierrat, and Beth Walter. Advocates and Bipartisan Lawmakers Unite at California State Capitol Pictured (left to right): Emma Heming Willis, Senato

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BusinessWorld

Rising AI costs seen bolstering PHL outsourcing competitiveness

THE outsourcing industry could remain competitive against artificial intelligence (AI) as the rising cost of “tokens” to operate the technology could deter companies from total automation, according to property consultant Jones Lang Lasalle (JLL) Philippines. While the firm remains cautious about AI’s potential to reduce office footprints in the long term, it expects 2026 to […]

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BusinessWorld

Laurel rules out ban on rice imports during El Niño

AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. said on Tuesday the Department of Agriculture (DA) will not ban rice imports during the looming El Niño. Speaking on the sidelines of the DA and Department of Trade and Industry’s (DTI) market inspection at the New Las Piñas City Public Market, Mr. Laurel told reporters that the country needs […]

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BusinessWorld

Maharlika investments starting to pay dividends

THE MAHARLIKA Investment Corp. (MIC) said it is projecting core net income of P3.3 billion this year as dividends start coming in from its key investments. “Our projected dividends coming from our investees have come to fruition, also the interest income that we’re generating from our investments. I think one of the things that you will […]

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BusinessWorld

Next round of PHL, Canada FTA talks due in September

THE Philippines and Canada are hoping to finalize text-based negotiations in the fourth round of talks on their proposed free trade agreement (FTA) in September, the Department of Trade and Industry (DTI) said. “In terms of progress we achieved, it’s very substantive. So, I can say that we’re still on track,” Trade Undersecretary Allan B. […]

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BusinessWorld

PEZA, Oman exploring tie-ups in food manufacturing, electronics

THE Philippine Economic Zone Authority (PEZA) and Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ) are looking at potential partnerships in food manufacturing and electronics in their respective ecozones. In a statement on Tuesday, PEZA said both parties are exploring the possibility of a joint memorandum of understanding (MoU) that will strengthen […]

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BusinessWorld

Singapore’s Universal Success weighing PHL data center, logistics investments

SINGAPORE’s Universal Success Enterprises Limited (USEL) is looking to expand in the Philippines through possible investments in logistics parks and data centers, the Department of Trade and Industry (DTI) said. “The company is actively exploring strategic partnerships with local industry leaders, including the PLDT Group, to tap into the country’s expanding data center network and […]

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BusinessWorld

PCC approves ABC Energy minority stake in Alternergy wind projects

THE Philippine Competition Commission (PCC) has cleared ABC Energy, Inc.’s acquisition of a 40% minority stake in Alternergy Holdings Corp.’s two wind power projects, noting that it does not limit competition in the generation and supply of renewable energy. In a statement on Tuesday, the antitrust regulator said the transaction “is not likely to result […]

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BusinessWorld

Rice inventory down 10.1% in July, corn stocks rise 33.9%

THE rice inventory dropped 10.1% to 2.51 million metric tons (MMT) as of July 1 while corn stocks rose 33.9% to 836.22 thousand MT, the Philippine Statistics Authority (PSA) reported. Of the total stock, 47.7% was held by commercial traders, 38% by households, and 13.3% by depositories of the National Food Authority (NFA). Rice held […]

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BusinessWorld

Rice prices deemed stable, no need to extend P50 price cap on imported grain

AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. said on Tuesday that the P50 per kilogram price ceiling on imported 5% broken-grain rice will not be extended due to stable prices of imported rice in the markets. This was announced after a surprise market inspection conducted by the departments of Agriculture (DA) and Trade and Industry […]

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BusinessWorld

TUCP seeks lifting of wage hike TRO, says court order violates Labor Code

THE Trade Union Congress of the Philippines (TUCP) has asked a Pasig court to lift the temporary restraining order (TRO) against the implementation of Metro Manila’s minimum wage increase and dismiss the lawsuit filed by two construction firms challenging the wage order.

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BusinessWorld

Millions in OVP, DepEd confidential fund outlays illegal — ex-CoA auditor

A FORMER Commission on Audit (CoA) auditor on Tuesday said millions of pesos in confidential fund expenditures under the Office of the Vice-President (OVP) and the Department of Education (DepEd) were either unsupported by required documents or did not qualify as allowable expenses under government auditing rules.

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BusinessWorld

Ombudsman’s high-profile cases raise questions on lasting anti-corruption drive

THE Office of the Ombudsman’s pursuit of several high-profile corruption cases has placed the country’s anti-graft watchdog under renewed scrutiny, with analysts saying its long-term credibility depends on whether investigations result in convictions and broader institutional reforms.

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BusinessWorld

Lawmakers question tax relief, excise hikes

THE Department of Finance (DoF) defended its proposed personal income tax adjustments after lawmakers questioned whether the measure would give higher-income earners the same tax relief as lower-income taxpayers.

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BusinessWorld

Another tropical depression looms

ANOTHER low-pressure area (LPA) inside the Philippine Area of Responsibility had a high chance of developing into a tropical depression within the next 24 hours, the state weather bureau said in a Facebook post on Tuesday. Meanwhile, the LPA formerly known as Luis had weakened as of 2 p.m., it said. About 3,700 people from […]

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