Philippines Business News

South Korea reviews expanding military mission in Middle East, report says

SEOUL — South Korea is reviewing an expansion of its military operations in the Middle East, the Kyunghyang…

China’s Tencent says AI agents showed unintended browsing behaviour

BEIJING — Tencent said on Friday that AI agents used to evaluate third-party models displayed web-browsing behavior not…

Future Travel Starts Now: 2026 SOUEAST Global Technology Experience Day Set to Kick Off

Wuhu, China, October 16, 2026 -- Under the theme of “Future Travel Starts Now,” the 2026 SOUEAST Global Technology Experience Day is set to kick off on October 20th. Guided by its “Travel+” strategy, SOUEAST will showcase its hybrid technology and product strengths, bringing its brand proposition of “EASE YOUR LIFE” to life through real travel experiences. Together with media, KOLs and user representatives from around the world, SOUEAST will embark on a journey of technological discovery. Global

Letran downs San Beda, boosts playoffs bid

MANILA, Philippines — Letran breathed life into its playoffs hopes after eliminating San Beda University from contention, 25-22, 25-14, 25-21, in Pool A of the 2026 Shakey’s Super League (SSL) Unity Cup on Friday at the Rizal Memorial Coliseum. Judiel Nitura sparked the Lady Knights’ comeback from three points down in the middle of the third frame, powering a decisive 7-0 blitz to regain control on their way to their second win in three games. Letran moved up to solo second beh

Stock indices as of October 16, 2026

Form 8.5 (EPT/RI) - Pharos Energy Plc

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 Pharos Energy Plc(c) Name of the party to the offer with which exempt principal trader is connected:Ratio Petro

Somalia: As El Niño floods loom, millions could face further hardship and hunger

MILLIONS of people in Somalia could find themselves in the path of an impending disaster as climate experts warn that a record El Niño event is expected to strike between October and December. Farmers face a devastating gamble in Bayahaaw village, on the outskirts of Jowhar town in central Somalia: plant and risk losing everything to floodwaters or leave the fields bare and face hunger in the coming year. Nuh Adan, a farmer and community leader in Bayahaaw, fears that if the riverbanks bu

Middle East: ICRC president calls for de-escalation and protection of civilians

THE following is a statement from ICRC President Mirjana Spoljaric: Civilians are paying an unacceptable price as a result of military operations in the Middle East. The deaths, injuries, and destruction in Saudi Arabia in recent days are yet another example of the devastating toll that hostilities are taking on civilians. In Yemen, the scale of death, displacement and damage to civilian infrastructure, including in Aden and Sana'a, is mounting at an alarming rate. Across the Middle East, civili

Future Travel Starts Now: The 2026 JETOUR Global Technology Experience Day Is About to Begin

WUHU, China, Oct. 16, 2026 (GLOBE NEWSWIRE) -- The 2026 JETOUR Global Technology Experience Day will run from October 20 to 23 across Wuhu, Moganshan, and Xiazhu Lake. Themed "Future Travel Starts Now,” the event gathers global media, KOLs, and user representatives for an immersive journey spanning cities, mountains, and wetlands to showcase the technological achievements and travel lifestyle championed by JETOUR’s "Travel+” philosophy. Future Travel: Embedding Technology in Every Journey JETOUR

Senturi Pharma announces exclusive European distribution agreement for PERTZYE®

STOCKHOLM, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Senturi Pharma AB and Digestive Care, Inc. today announced the signing of an exclusive distribution agreement concerning PERTZYE® (pancrelipase) in Europe. Under the agreement, Senturi Pharma has been appointed as the exclusive European distribution partner for PERTZYE®, with responsibility for coordinating distribution activities in the territories covered by the agreement. PERTZYE® will be made available to eligible patients as an unlicensed medicin

INIU Expands Into Outdoor Power With New Rugged Series

LOS ANGELES, USA - Media OutReach Newswire - 16 October 2026 - INIU, a leading global charging brand, is expanding into outdoor power with INIU Outdoor and its debut Rugged Series. Combining rugged protection, a lightweight design, fast charging, and off-grid solar charging, this professional-grade outdoor power lineup is designed for hiking, camping, and more demanding outdoor adventures. INIU Outdoor has also partnered with global fitness platform Strava on a 100-Minute Outdoor Challenge to fu

Beyond survival: Nutritious, ready-to-eat meals that should be part of disaster preparedness

THE country faces hazards such as typhoons, earthquakes, floods, and landslides year in and year out. In fact, from 2022 to 2025, the Philippines ranked first in the World Risk Index, making it the world’s most at-risk country for disasters. These events can disrupt food supply chains and limit access to quality, nutritious food, affecting Filipinos' overall nutritional needs, especially those in vulnerable sectors. And during calamities, survival is prioritized over nutritional needs. How

Counsel for fugitive lawmaker Zaldy Co, 14 marines linked to cash delivery arrested

MANILA, Philippines — Levi Baligod, counsel for fugitive lawmaker Zaldy Co, and 14 of the 18 marines linked to the delivery of cash in suitcases were arrested in San Juan City on Friday. Col. Anthony Gantang, San Juan City police chief, confirmed the arrests in a phone interview with reporters after an arrest warrant issued by a Zambales Regional Trial Court, which also set bail at P10,000 each. The individuals were arrested in front of the Hall of Justice in San Juan on charges of unjust

Al Pacino to get lifetime achievement award from the Screen Actors Guild

LOS ANGELES — Al Pacino has been named the next recipient of the SAG-AFTRA Life Achievement Award. The 86-year-old star of "Dog Day Afternoon,” "Scent of a Woman” and a trilogy of "Godfather” films is the 62nd actor to receive the highest honor handed out by the Screen Actors Guild -American Federation of Television and Radio Artists. "I wondered and wandered most of my life but have always felt at home with a script and my fellow actors. It’s the work and the actor

Remulla names Mindanao politician, 10 other persons of interest behind shabu shipment from Laos

MANILA, Philippines — Department of Interior and Local Government (DILG) Secretary Jonvic Remulla on Friday identified 11 persons of interest linked to the 521 kg shabu shipment from Laos bound for the Philippines, including a former Bangsamoro Parliament member. In a Palace press briefing on Friday, Remulla said the persons of interest were based on their initial investigation with the Philippine National Police (PNP) and the Philippine Drug Enforcement Agency (PDEA). “This is based

CPF Expands "Eggs for Next Gen" to 1,030 Schools, Advancing Food Security Through Better Access to Nutrition

BANGKOK, THAILAND - Media OutReach Newswire - 16 October 2026 - Access to nutritious food remains a critical part of food security. In Thailand, around one in 10 children under five lives in severe child food poverty, while national data show that 13% of children under five are stunted and 7% are underweight, underscoring that food security is not only about having enough food, but also about ensuring consistent access to safe and nutritious diets. Against this backdrop, Charoen Pokphand Foods P

WATCH: US, PH affirm alliance

The US Embassy brought its 250th independence anniversary celebration beyond Manila, hosting 'Freedom 250: An Evening in White' at Shangri-La Mactan in Lapu-Lapu City on Oct. 15, 2026. The event was attended by US Ambassador Lee Lipton, Cebu Gov. Pamela Baricuatro, Lapu-Lapu City Mayor Cindi King-Chan and husband, Lapu-Lapu City lone district Rep. Junard 'Ahong' Chan, along with regional and local government officials. Lipton highlighted the countries’ economic ties, saying American compan

Yulo bros now in Rotterdam for worlds

MANILA, Philippines — Brothers Carlos and Eldrew Yulo, along with Migz Besana, are set to take part in the qualification rounds of the Men’s Artistic Gymnastics events at the FIG Artistic Gymnastics World Championships in Rotterdam, Netherlands. The Yulo brothers will compete in the men’s all-around, while Besana takes the horizontal bar. The men have already started their podium training on Thursday. Besana is expected to compete on Saturday, while the Yulo brothers take the p

Finance veteran Victor Limlingan is new SSS chief

Limlingan inherits a pension fund with record-high assets but faces the challenge of restoring its projected lifespan and improving nearly P40 billion in unrealized stock investment losses

Three Orelabrutinib Studies Presented in Oral Sessions at the 88th Annual Meeting of the Japanese Society of Hematology

BEIJING, Oct. 16, 2026 (GLOBE NEWSWIRE) -- InnoCare Pharma (HKEX: 09969; SSE: 688428), a leading biopharmaceutical company focusing on the treatment of cancer and autoimmune diseases, announced today that three studies of orelabrutinib, its novel BTK inhibitor, have been selected for oral presentations at the 88th Annual Meeting of the Japanese Society of Hematology (JSH 2026). The studies focused on real-world data of orelabrutinib monotherapy for chronic lymphocytic leukemia / small lymphocyti

Lance Gokongwei, Chito Salazar named MAP Management Persons of the Year

The Management Association of the Philippines (MAP) on Friday named JG Summit Holdings, Inc. President and Chief Executive…

Microbiotica Raises £36 Million ($48 Million) in Series C Financing to Advance Pipeline into Phase 2 Clinical Development

Financing round led by British Business Bank, and supported by leading international syndicate of investorsProceeds will advance Phase 2 clinical development of lead asset, MB310, in ulcerative colitis, a once-daily oral therapeutic designed to promote repair of the gut epithelial barrier to achieve lasting clinical remission Microbiotica’s pipeline is derived from its unique microbiome platform which precisely identifies gut bacterial signatures associated with favourable clinical trial outcome

Vidanes Celebrity Marketing marks 26 years of bridging brands and celebrities

VCM The Celebrity Source marks its 26th anniversary this month with heartfelt gratitude to the celebrities, influencers, brands,…

JAZA calls for action on PHL investment gaps

AYALA Corp. Chairman Jaime Augusto Zobel de Ayala (JAZA) has called for greater cooperation among businesses and other…