Philippines Business News

CoA flags unliquidated OVP liquidated funds

THE Commission on Audit (CoA) flagged the Office of the Vice-President (OVP) for the delayed liquidation of millions…

DTI says no need for price freeze on bottled water

THE Department of Trade and Industry (DTI) said there is no need to impose a price freeze on…

PHL low birth weight rate rises to 18.6% — PSA

THE SHARE of infants born with low birth weight in the Philippines rose to 18.6% in the 2023-2025…

Canadian government bond yields slide as yield curve flattens

UPS welcomes PHL investments in high-tech manufacturing, economic zones

United Parcel Service, Inc. (UPS) said it welcomes several ongoing investment initiatives of the Philippine government in high-tech…

One in five Filipinos opt to pay for e-commerce orders in cash

CASH-ON-DELIVERY (COD) use in the Philippines was the highest in Southeast Asia, with at least one in five…

SSS says ‘disciplined’ investment strategy yielded P204B in gains

THE SOCIAL Security System (SSS) has generated P204 billion in realized gains and dividend income from its equity…

How to listen when everyone is arguing

The ongoing impeachment proceedings provide Filipinos with something unusual: the opportunity to watch constitutional democracy unfold in real…

Fraud prevention company SEON eyes wider PHL customer base

GLOBAL FRAUD prevention company SEON is looking to expand its customer base in the Philippines and service more…

As Wall Street’s biggest banks finance and adopt artificial intelligence, risks mount on both fronts

WALL STREET’S biggest banks want to ride the artificial intelligence (AI) wave without getting caught in its undertow,…

PCC slaps onion cartel with record fine of P1.76B

Among those fined is 'onion queen' Lilia Cruz, the alleged cartel mastermind. It's the biggest fine ever imposed by the Philippine Competition Commission.

PHL coffee production may fall below 30,000 MT

Philippine coffee production is projected to fall below 30,000 metric tons in 2026, as rising temperatures hit farming…

Yatsen Group Expands Scientific Presence at Prestigious IFSCC Cosmetics Congress with Record 20 Research Presentations

GUANGZHOU, China, Oct. 15, 2026 /PRNewswire/ -- Yatsen Holding Limited (NYSE: YSG) (Yatsen Group), a leading China-based beauty group, presented a record 20 research submissions at the 36th IFSCC Congress in Perth - nearly double its 2025 total and marking its fifth consecutive year at the world's leading conference for cosmetics science. Yatsen's 20 studies were selected from more than 1,200 submissions following three rounds of expert review, underscoring its sustained investment in scientific

HQVT Debuts Multispectral AI Technology at Hong Kong Electronics Fair, Expanding Its Global Reach

HONG KONG, Oct. 15, 2026 /PRNewswire/ -- Shenzhen HQVT Technology Co., Ltd. ("HQVT" or the "Company", stock code: 1392.HK) is exhibiting its multispectral AI fire early warning portfolio at the HKTDC Hong Kong Electronics Fair (Autumn Edition) 2026, held from 13 to 16 October at the Hong Kong Convention and Exhibition Centre. Designed for data centres, power distribution systems and new energy facilities, the portfolio demonstrates a workflow connecting abnormal signal detection with on-site ver

CNN hosts inaugural Asia edition of Global Perspectives: In Bangkok

Influential leaders and bold thinkers convened to examine Asia's expanding role in shaping the global economy, policy, technology and culture HONG KONG, Oct. 15, 2026 /PRNewswire/ -- On 14 October, CNN hosted the inaugural Asian edition of its new events franchise, Global Perspectives, in Bangkok, Thailand. Graced by the presence of H.R.H. Princess Sirivannavari Nariratana Rajakanya and opened by H.E. Anutin Charnvirakul, Prime Minister of Thailand, the invitation-only event convened prominent l

Integrated Research launches Clarion to close the gap between what employees experience and what IT can see

Clarion, IR's first standalone SaaS product, brings employees and IT teams together in real time to answer the deceptively simple question behind a bad call: "Is it me, or the platform?" SYDNEY, Oct. 15, 2026 /PRNewswire/ -- Leading global observability software company Integrated Research (IR) (ASX: IRI) today launched Clarion, a lightweight observability solution that gives employees and IT teams proactive, real-time visibility into what is affecting their call and meeting readiness. Clarion i

ALPS appoints Brian Turnbow to lead the development of next-generation AI data centers

The Italian scale-up has appointed Turnbow to lead its technical expansion into artificial intelligence and high-performance computing, with an energy-to-compute approach that aims to harness renewable energy sources and reuse existing assets to develop more sustainable compute infrastructure. TRENTO, Italy, Oct. 15, 2026 /PRNewswire/ -- ALPS announces the appointment of Brian Turnbow as Technical Director for AI. Founded in Trentino in 2018 and operating across four continents, the company is a

WorkWave Launches Wavelytics® Decision Intelligence in the UK, Australia, and New Zealand, Expanding Availability of AI-Powered Solution

BRIERLEY HILL, England, Oct. 15, 2026 /PRNewswire/ -- WorkWave®, a leading provider of software and solutions that help mobile service companies thrive, today announced the launch of Wavelytics® Decision Intelligence in the UK, Australia, and New Zealand. Decision Intelligence is a new AI-powered hub that transforms how service businesses operate. By embedding near real-time actionable insights directly into WorkWave's TimeGate+® workforce management software, Decision Intelligence provides the

Under Armour and Feng Chen Wang Bring Rebel Daughter to China, Celebrating the Power of Modern Women

SINGAPORE, Oct. 15, 2026 /PRNewswire/ -- Following the announcement of their long-term creative partnership at Paris Fashion Week in June, Under Armour and Feng Chen Wang presented the Rebel Daughter collection in Shanghai on October 14 under the theme "One of One. Never Alone." Marking the collection's first full presentation in China, the event brought together Under Armour's performance innovation and Feng Chen Wang's creative vision, expanding the dialogue between sport, culture and contempo

Ericsson reports third quarter results 2026

STOCKHOLM, Oct. 15, 2026 /PRNewswire/ -- Strategic highlights – executing well in a challenging environment Solid customer demand in strategic markets, combined with near-term commercial actions, supported organic growth of 7%*.Customer wins and deployments across network modernization, differentiated connectivity and mission-critical networks.Driving portfolio optimization, pricing and efficiency measures to help offset higher component costs and to strengthen competitiveness. Financial highlig

Ericsson announces simplification of Group structure and changes to the Executive Team

Group structure to be simplified to better serve customers, leverage R&D capabilities and drive efficienciesMarket Areas North East Asia and South East Asia, Oceania and India to be combined and form Market Area Asia-Pacific (APAC)Patrick Johansson appointed Head of Market Area APAC and continues as a member of the Executive TeamBusiness Area Enterprise Wireless Solutions' (BEWS) portfolio to be moved to the parts of Ericsson best positioned to scale each activity, capture synergies and to bette

AXA BetterMe Weekend Connecting Community Through Sport

Introducing five themed runs to promote holistic wellbeing and inclusion HONG KONG, Oct. 15, 2026 /PRNewswire/ -- AXA Hong Kong and Macau ("AXA") today announced that its annual large-scale community event, AXA BetterMe Weekend, will return on 24 and 25 October at AXA WONDERLAND, WestK. In its sixth year, the event will debut the AXA BetterMe Run series for the first time, alongside a diverse programme of emerging sports experiences, including pickleball, and live music performances and wellness

TAT spotlights 2026 Nakhon Phanom Illuminated Boat Procession on the Mekong

Signature event moves towards "Must-Experience in Thailand" status through celebration of faith, illuminated craftsmanship and Mekong culture BANGKOK, Oct. 15, 2026 /PRNewswire/ -- The Tourism Authority of Thailand (TAT) is bringing the 2026 Nakhon Phanom Illuminated Boat Procession to wider international audiences as one of Thailand's distinctive Mekong traditions. Taking place from 16-27 October around Nakhon Phanom Provincial Hall and the Mekong riverfront along Sunthorn Vijit Road, the celeb

TIER IV and Technical University of Munich establish Autoware research center to advance the open autonomous driving ecosystem

TOKYO and MUNICH, Oct. 15, 2026 /PRNewswire/ -- TIER IV, the pioneering force behind Autoware, the world's leading open-source software for autonomous driving, and the Technical University of Munich (TUM) have established the TUM Autoware Research Center by TIER IV through a multi-year strategic research collaboration. Bringing together three TUM research groups, the initiative aims to advance safe and scalable autonomous driving systems based on Autoware, strengthen TUM's role as a leading cont