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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Three rebels killed in Abra
BANGUED, Abra — Three alleged communist rebels were killed in a clash with government troops in Licuan-Baay, Abra on Tuesday, as military operations continued against alleged remnants of the Communist Party of the Philippines-New People’s Army Ilocos-Cordillera Regional Committee. Composite troops from the 50th and 98th Infantry Battalions encountered about 10 armed rebels in the […]
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Government weighs fuel aid
THE government is evaluating proposals to expand fuel subsidies and adjust public transport fares amid rising operating costs, Malacañang said on Tuesday. The Land Transportation Franchising and Regulatory Board has recommended a P20-per-liter fuel subsidy for public utility vehicle operators for one month. The existing P10-per-liter subsidy has been extended until the end of August. […]
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Analysts flag growth risks
PRESIDENT Ferdinand R. Marcos, Jr. should address structural weaknesses in agriculture and governance to prevent the Philippine economy from losing momentum, according to GlobalSource Partners. In a report dated Aug. 3, GlobalSource Principal Advisor Diwa C. Guinigundo and former Bangko Sentral ng Pilipinas Assistant Governor Wilhelmina C. Mañalac said the administration has been more successful […]
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Marcos seeks tax reform
PRESIDENT Ferdinand R. Marcos, Jr. wants Congress to pass the Department of Finance’s proposed tax reform package within the year, Malacañang said on Tuesday. Palace Press Officer Clarissa A. Castro said the President wants the proposed Promoting Growth, Revenue and Equity towards Socioeconomic Sustainability bill enacted as soon as possible. The package is expected to […]
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GSIS refunds P9.06 billion
THE Government Service Insurance System (GSIS) has refunded P9.06 billion to more than 500,000 members and pensioners through its expanded Balik Ginhawa 2 program, 24 days after its implementation, the state pension fund said on Tuesday. Including the original Balik Ginhawa program, GSIS has returned more than P18 billion in loan amortizations. The GSIS Touch […]
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