Philippines Business News

WATCH: ‘Edjop’ film sparks campus conversation in Cebu

The story of slain student activist Edgar “Edjop” Jopson reached Cebu’s youth as the filmmakers and cast of “Edjop” held a campus conversation with students and faculty of Southwestern University PHINMA Cebu. Director and co-writer Katski Flores, Elijah Canlas, who portrays Jopson, and Frankie “Kakie” Pangilinan, who plays his wife Joy, joined the forum, which tackled Jopson’s life, beliefs and struggles. Flores said the team chose campus conversat

U.S. concludes strikes against Iran after Strait of Hormuz attacks

Leading Chinese Virtual Artist KONG Successfully Concludes "Trace” Fan Meeting in Shanghai

Shanghai, China, September 1, 2026 -- On August 29, the "Trace" fan meeting of KONG, a leading Mainland Chinese virtual performer under Dream Maker, successfully concluded at the Shanghai Jing'an Sports Center. The event was met with strong demand, selling out shortly after tickets went on sale, which underscores KONG’s solid fan base and drawing power. The fan meeting secured joint sponsorships from 14 brands, including China Gold, McDonald's, Ruyi Films, A-Kuan, and Deli. Several brand partner

Moomoo Launches Massive OOH Campaign in NYC to Highlight New "Moomoo Engine"

JERSEY CITY, N.J., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Moomoo, a leading global investment and trading platform with over 30 million users worldwide, has launched its most expansive out-of-home (OOH) advertising campaign throughout New York City. Timed to coincide with Q2 earnings season, the campaign runs from July 20 through September and is projected to generate more than 81.4 million impressions, anchored by a major presence across the city's transit system and widespread street-level adverti

Alm. Brand A/S - ISIN: DK0030487806 - Call Notice to the Noteholders of Alm. Brand A/S DKK Floating Rate Subordinated Callable Tier 2 Capital Notes (the "Notes”)

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION WHERE THE DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE WOULD BE UNLAWFUL Reference is made to the terms and conditions for the Notes dated 12 October 2021 (the "Terms and Conditions"). Capitalised but not defined terms herein shall have the meaning as set out in the Terms and Conditions. With reference to Condition 9.6 in the Terms and Conditions, Alm. Brand A/S ("Issuer") hereby gives irrevocable notice to all Noteho

Geely Auto Group Reports 270,194 Sales in August as Monthly Exports Exceed 100,000 for Third Consecutive Month

HANGZHOU, China, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Geely Automobile Holdings Limited (0175.HK) reported total sales of 270,194 vehicles in August, marking its sixth consecutive month of both year-on-year and month-on-month growth. Sales increased by 8% both year on year and month on month. New energy vehicle sales reached 175,877 units, up 19% year on year and accounting for 65% of total sales during the month. Zeekr delivered 36,981 vehicles during the month, up 110% year on year, as the brand

Zoomex Deepens TradFi Push With 50+ Stock Perpetuals and Zero-Fee TradFi

VICTORIA, Seychelles, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Zoomex, a global cryptocurrency trading platform focused on derivatives trading, today confirmed that its Stock Perpetuals lineup has grown past 50 contracts, marking one of the most significant product expansions in the exchange's history. The milestone consolidates Zoomex's position as a platform built for traders who want round-the-clock access to the world's most closely watched equities, without ever leaving the derivatives infrastruc

Blockchain budget bill delay may raise doubts on Marcos anti-graft agenda

THE removal of a bill that would use blockchain technology to disclose national budget transactions from the administration’s priority legislative agenda could raise questions about President Ferdinand R. Marcos, Jr.’s commitment to fighting corruption, political analysts said.

JBC invites five senior SC justices to apply for top Judiciary position

THE Judicial and Bar Council (JBC) has invited the five most senior associate justices of the Supreme Court (SC) to apply for the chief justice post that will be vacated by Chief Justice Alexander G. Gesmundo upon his retirement in November.

Marcos orders no-build zone enforcement amid floods

PRESIDENT Ferdinand R. Marcos, Jr. ordered government agencies and local government units (LGU) to strictly enforce climate-related regulations, including no-build zones, as heavy rains and flooding continue to affect parts of the country. “According to the President, laws should be enforced, including the ‘no-build zone,’” Palace Press Officer Clarissa A. Castro told reporters on Tuesday […]

Indonesia haze sends Metro air to danger

SMOKE AND HAZE from forest fires in Kalimantan, Indonesia pushed air quality in parts of Metro Manila to very unhealthy and acutely unhealthy levels on Tuesday, prompting government agencies to advise residents to limit outdoor activities and wear masks. The Department of Environment and Natural Resources-Environmental Management Bureau said transboundary haze was affecting the National […]

Senators seek probes, flood control overhaul after August storms

SEVERAL SENATORS on Tuesday filed resolutions seeking investigations into widespread flooding caused by successive typhoons and southwest monsoon rains in August, with lawmakers calling for a review of flood control projects and disaster resilience measures. “There is a need to assess the resilience of public infrastructure amid increasingly severe typhoons and monsoons, while ensuring that […]

PHL firm on Ayungin Shoal claim

THE National Maritime Council (NMC) on Tuesday rejected China’s characterization of Second Thomas Shoal as part of its territory and the BRP Sierra Madre as an “illegally grounded” vessel, reaffirming the Philippines’ position based on international law. In a statement, the NMC said the country’s actions in the South China Sea are guided by the […]

OP’s P10.16-B budget OKd

THE House of Representatives Committee on Appropriations on Tuesday granted parliamentary courtesy to the Office of the President (OP), cutting short deliberations on its proposed P10.156-billion budget for 2027 even as some lawmakers called for greater scrutiny of Palace spending. The move drew objections from minority lawmakers during the budget hearing, who said Congress should […]

AFP witnesses: No confidential funds used for VP youth programs

TWO WITNESSES from the Armed Forces of the Philippines (AFP) testified that no confidential and intelligence funds (CIF) from the Department of Education (DepEd) under Vice-President (VP) Sara Duterte-Carpio’s leadership have been used to fund Youth Leadership Summits (YLS) and other educational activities in 2023. At the 20th day of the impeachment trial of Ms. […]

Stalled hike cost NCR workers P2.5B

MORE than 1.1 million workers in Metro Manila have lost an estimated P2.5 billion in wages since the implementation of the P85 minimum wage increase was halted, labor group Sentro ng mga Nagkakaisa at Progresibong Manggagawa (SENTRO) said on Tuesday. The group urged the Labor department and the Regional Tripartite Wages and Productivity Board-National Capital […]

MPTC to elevate NLEX segment

MANUEL V. PANGILINAN-LED Metro Pacific Tollways Corp. (MPTC), the operator of North Luzon Expressway (NLEX), is set to elevate the San Simon segment of the toll road network as a permanent measure to prevent recurring floods in the area. “[MPTC] recognizes the difficulties faced by motorists and will continue working with national and local agencies […]

Senate approves condo redevelopment bill on final reading

THE Senate has approved on third and final reading a measure seeking to protect unit owners, occupants, and the public from the hazards of aging condominium units by providing structural regulations and tax exemptions for redevelopment. Voting 18-0-0, the chamber passed Senate Bill No. 2420 or the Condominium Redevelopment Act, which establishes a clearer legal […]

Comelec says P9-B budget cut could compromise 2028 polls

THE Commission on Elections (Comelec) on Tuesday urged the House of Representatives to restore the P9-billion cut from its 2027 budget, warning it could compromise the 2028 national elections. During the House Committee on Appropriations budget hearing, Comelec Commissioner George Erwin M. Garcia said that the poll body’s Preparatory National and Local Elections (PNLE) budget […]

Palace: No proposal yet for Pax Silica data center outside Clark

THE Palace said there is still no actual proposal to build a data center outside New Clark City under the proposed Philippine-US Pax Silica framework. Palace Press Officer Clarissa A. Castro, quoting the Department of Trade and Industry (DTI), said any investment project under the initiative — data center or otherwise — would have to […]

Romualdez camp rejects Ombudsman claim, says recantations weaken case

LEYTE REP. Ferdinand Martin G. Romualdez’s camp on Tuesday rejected the Ombudsman’s position that witness recantations constitute additional evidence against him, saying the reversals instead weaken the allegations against the former House of Representatives speaker. In a statement, Abdiel Dan Elijah Fajardo, Mr. Romualdez’s spokesman, said that the recantations should raise questions about the credibility […]

SC says trafficking cases cannot be dismissed based on affidavits of desistance

THE Supreme Court (SC) has ruled that affidavits of desistance by victims of exploitation are “highly suspect” and cannot be used as a basis to dismiss human trafficking cases, particularly when executed by children. In a decision promulgated on Feb. 19, the SC’s Third Division affirmed the conviction of a woman for qualified trafficking in […]

Leptospirosis cases down 19% from last year

MALACAÑANG said leptospirosis cases have fallen 19% from last year’s tally, even as heavy flooding continues to hit parts of the country. Palace Press Officer Clarissa A. Castro said Health Secretary Edwin M. Mercado reported the update during President Ferdinand R. Marcos, Jr.’s meeting with disaster-response agencies, noting that last year’s case count reached 7,187, […]

Greater civil society group role in 2027 budget process sought

SENATE Finance Committee Chairperson Joseph Victor G. Ejercito on Tuesday urged civil society organizations to take part in the budget process by flagging items in the 2027 National Expenditure Program (NEP) that may be questionable. Mr. Ejercito said the Senate needs all the assistance they could get in vetting the items of the NEP, noting […]