Philippines Business News

Manila’s Chi Atienza named among top 3 outstanding vice mayors

MANILA, Philippines — Manila City Vice Mayor Chi Atienza was named among the top three Outstanding Vice Mayors in the Philippines at the Gawad Pilipino Awards held at the AFP Commissioned Officers Club House in Camp Aguinaldo, Quezon City. Atienza, who is in her first year as presiding officer of the 13th Manila City Council, received the recognition for exemplary governance, community-driven legislation and public service, according to the statement of the Office of the Vice Mayor on Satu

MARCO ROBINSON WINS THE I-PROPERTY PEOPLE’S CHOICE BEST REAL ESTATE INVESTMENT COMPANY

London, United Kingdom, Aug. 22, 2026 (GLOBE NEWSWIRE) -- The global financial crisis of 2008 reshaped property markets across the United States, triggering one of the most significant real estate downturns in modern history. Foreclosures surged, credit markets tightened, and property values declined sharply across many regions. While these conditions created uncertainty throughout the real estate sector, they also opened opportunities for businesses that could identify undervalued assets and ad

Duterte trial could last until February

THE impeachment trial of Vice President Sara Duterte could continue until mid-February next year at its current pace, but may be sped up if the prosecution and defense agree to streamline the presentation of witnesses and evidence, impeachment court spokesman Reginald Tongol said Saturday. The assessment came as a Palace spokesman accused the vice president’s defense team of deliberately slowing down the trial. Both sides have a say In a radio interview on Saturday, Tongol said the impeach

Oil prices up as Trump vows sanctions vs Iran partners

HOUSTON — International and US crude oil futures rose on Friday after US President Donald Trump threatened economic sanctions on Iran’s trading partners, raising expectations of tighter supply in the coming weeks. International benchmark Brent crude futures LCOc1 settled at $94.39 a barrel, up 61 cents or 0.65 percent. US West Texas Intermediate crude CLc1 settled at $87.06 a barrel, up 23 cents or 0.26 percent. The Brent benchmark has gained 6.39 percent while WTI has risen 5.66 per

New York Court Reviews Judgment Challenge After Halting Sheriff's Sale in Nassau County

New York, NY, Aug. 22, 2026 (GLOBE NEWSWIRE) -- A proceeding pending before the Nassau County Supreme Court is drawing attention to the importance of documentary integrity in commercial judgment enforcement after a New York judge temporarily halted a Sheriff's sale of commercial real property while considering legal challenges to the validity of the underlying judgment. The matter, M.R. Qualified Holdings, LLC v. 2594 Atlantic Avenue Corp., et al. (Index No. 607450/2025), centers on allegations

Lawmakers urged to pass budget transparency bill

SEN. Bam Aquino renewed his call for the House of Representatives to approve the Citizen Access and Disclosure of Expenditures for National Accountability (Cadena) Act, saying full transparency in government spending is urgently needed as severe flooding again battered communities across the country. Aquino said Senate Bill (SB) 1506, which seeks to establish a digital platform where Filipinos can track government budgets and expenditures, has remained pending in the House for seven months after

Resupply ships sail for Ayungin Shoal

THE Philippines appeared to be conducting a resupply mission over the weekend for its military outpost aboard the BRP Sierra Madre at Second Thomas Shoal, according to monitoring by the maritime transparency initiative SeaLight. The Philippine Coast Guard (PCG) has deployed the 44-meter BRP Malabrigo and the 97-meter BRP Teresa Magbanua in support of the operation, with the latter having previously been the longest-deployed PCG asset in the West Philippine Sea. As usual, the PCG support vessels

XTEP Unveils World-Class Dual Flagship Running Shoes, Ushering China's Running Footwear into a New Era of Full-Scenario Running

SHANGHAI, Aug. 22, 2026 /PRNewswire/ -- Under the theme of "RUN TO X", XTEP hosted its 2026 Full-Scenario Running New Product Launch Conference in Shanghai. Integrating new product debuts, elite champion field tests, authoritative academic verification, celebrity crossover experiences and a professional running fashion show, this influential industry event fully presented XTEP's decade-long scientific research and technological accumulation in running footwear. The brand officially launched its

Jimin of BTS inspires bid to help cancer kids

A HEARTWARMING moment between BTS member Jimin and a young fan battling cancer has inspired fans around the world to come together for a fundraising campaign that has raised more than $91,000. Jimin met pediatric cancer patient Olivya during BTS’ “Arirang” concert in Arlington, Texas, on Aug. 15, 2026. Through Heroes for Children, a Texas-based nonprofit organization supporting families with children and young adults battling cancer, pediatric cancer patients and their families

Chinese Embassy accuses Teodoro of falsifying claims

MANILA, Philippines —The Chinese Embassy on Saturday slammed Defense Secretary Gilbert Teodoro for “falsification and defamation” and distorting facts regarding the arrest of Chinese nationals during a law enforcement raid at a steel manufacturing plant. This was in relation to the raid on Davao Mighty Steel Corporation, where 14 individuals—including 10 Chinese nationals and 4 Filipinos—were arrested and 174 Filipino workers were rescued after being exposed to haza

SMS-Act Identifies Regional SMS Delivery Gaps Behind Signup Failures in Manila and Jakarta

Hood River, Oregon, August 22, 2026 /MarketersMEDIA/ -- A Philippine software company opens a second market. The ad spend goes out, the traffic arrives, the dashboard shows registrations climbing. Six weeks later the revenue from that market is a rounding error, and the post-mortem produces four theories, none of them testable. Pricing gets blamed first. Then the local payment method, then the translation, then the ad targeting. The real answer is usually two steps earlier in the funnel, sitting

Wesley So wins big US tournament

MANILA, Philippines — Filipino-American super grandmaster Wesley So played solid chess to beat top-ranked chess grandmasters at the 2026 Sinquefield Cup, one of the biggest yearly chess tournaments. A highlight of the tournament was when So defeated fellow American and world number two, Fabiano Caruana in Round 3. So pounced on an early mistake by Caruana by exchanging Queens, enabling So to activate his Knight, exchanged it for a long-range Bishop, won two pawns to establish a pawn majori

DPWH vows permanent, durable repairs for Cordillera roads after fatal accidents

Public Works and Highways Secretary Vince Dizon has ordered a shift from temporary fixes to permanent, durable engineering solutions for roads and infrastructure in the Cordillera region, following a fatal accident and widespread damage from recent typhoons. Dizon revealed the agency’s long-term plan after he inspected the damaged Beckel Road in La Trinidad, Benguet on Friday where a 13-year-old cyclist died after plunging into a ravine due to missing safety barriers. The Department of Pub

29 years after Agila-2, Philippines builds its own space capability

THE Philippines’ early satellite program began with communications, but two decades later it had shifted toward developing spacecraft and training Filipino engineers to build and operate them. The first step came in 1996, when Mabuhay Satellite Corp. acquired Palapa B2P, an Indonesian communications satellite already in orbit, and renamed it Agila-1. The acquisition gave the Philippines its first Philippine-owned satellite and added satellite capacity to the country’s telecommunicati

Steelworkers back Canada holding the line on trade, call for a stronger response to protect Canadian jobs and industry

TORONTO, Aug. 22, 2026 (GLOBE NEWSWIRE) -- United Steelworkers union (USW) National Director Marty Warren issued the following statement on the suspension of Canada-U.S. trade negotiations and the imposition of new 50% U.S. tariffs on Canadian goods: "Canada was right to hold the line rather than accept a deal that did not adequately protect Canadian workers, jobs and communities. We have said throughout these negotiations that no deal is better than a bad deal. The terms being discussed - inclu

One SUV for Different Sides of Family Life: KAIYI X7 Hybrid Makes Room for More

YIBIN, China, Aug. 22, 2026 (GLOBE NEWSWIRE) -- A family SUV needs to support more than the daily commute; it also needs to accommodate multiple passengers, long trips and outdoor activities. The KAIYI X7 Hybrid combines generous exterior dimensions, a versatile cabin and practical load capacity to make family journeys easier and more enjoyable. A Spacious Three-Row Cabin for Everyone on Board Measuring 4,710 mm in length and 1,955 mm in width, and featuring a 2,800 mm wheelbase, the KAIYI X7 Hy

The Garden Within Arrives at Nova Maldives for Festive Season 2026

Nova Maldives will welcome the festive season with The Garden Within, a thoughtfully curated programme taking place from 19 December 2026 to 7 January 2027. Nova Maldives, August 22, 2026 /MarketersMEDIA/ -- Inspired by Nova's enduring spirit of connection, the festive programme brings together meaningful celebrations, restorative wellbeing, creative expression and shared experiences designed to feel warm, effortless and good for the soul, each one threaded with presence and the pleasure of feel

Alyssa Valdez leads Creamline to straight-set win over Galeries Tower

MANILA, Philippines — Alyssa Valdez delivered an all-around performance as the Creamline Cool Smashers wrapped up their 2026 Premier Volleyball League (PVL) On Tour campaign with a 25-21, 25-16, 25-21 victory over the Galeries Tower Highrisers on Saturday night at the Victoria City Coliseum in Negros Occidental. Valdez paced Creamline with 10 points, highlighted by eight attacks, one block, and an ace, as the Cool Smashers completed the pre-season tournament with an unbeaten 2-0 record. Ja

PCSO Lotto Results | August 22, 2026

LOOK: Creamline def. Galeries (3-0)

PVL on Tour Creamline def. Galeries, 3-0 Alyssa Valdez Player of the Game #PVL2026

Membrane Solutions Launches New Outdoor Water Filtration Solutions at Outdoor Retailer 2026

MINNEAPOLIS, Aug. 22, 2026 (GLOBE NEWSWIRE) -- Membrane Solutions announced today the successful conclusion of its third consecutive appearance at the Outdoor Retailer Exhibition. Held August 20-21, 2026, at the Minneapolis Convention Center, the exhibition provided a key platform for the company to introduce its latest outdoor hydration innovations and engage with major national retail partners. Operating from Booth #935, Membrane Solutions highlighted its expanding portfolio of accessible wate

Kurly Expands Its Chef-Driven Food Collection with Udon Kaden's U.S. Retail Launch

Udon Kaden's two signature dishes - Signature Udon and Chilled Udon - launch in the U.S.Available at H Mart, Jagalchi, Mega Mart and other retail partners, and online at Kurlyglobal.comChef Jung Ho Young will host in-store tastings at four California stores on August 22-23LOS ANGELES, Aug. 22, 2026 /PRNewswire/ -- Kurly, the premium Korean food company bringing the country's most-loved foods to American consumers, announced the U.S. launch of two frozen udon dishes from Udon Kaden, the beloved S

Lea Salonga to receive star on Hollywood Walk of Fame

MANILA, Philippines — Broadway legend and international icon Lea Salonga is set to make history as the first Filipina to receive a star on the Hollywood Walk of Fame on Sept. 4, 2026, a career-defining moment that celebrates her impact on theater and film. In an Instagram post, the Hollywood Chamber of Commerce announced Salonga’s inclusion in the Class of 2026 under the Live Theatre/Live Performance category, placing her among some of the world’s most influential performers. S

HARVEST AND TRADITION