Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
4038 articles from Manila Times Business
George Russell cruises to sprint race win at F1's Dutch Grand Prix
ZANDVOORT, Netherlands — George Russell started the second half of the Formula 1 season in style as he eased to a sprint race victory on Saturday ahead of the Dutch Grand Prix. Russell started from pole position, quickly built a gap to Lando Norris in second and managed the pace from there, taking his first win since the Austrian Grand Prix in June. “Obviously a great start to the weekend,” he said. Charles Leclerc snatched second off Norris with a daring pass into the inside o
Read more →Near-total lunar eclipse is coming up with the Americas in prime position
CAPE CANAVERAL, Florida — Now it’s the moon’s turn to pull a disappearing act. After being shut out of this month’s total solar eclipse, the Americas will have the best seats in the celestial house when Earth’s shadow briefly envelops the moon. Almost the entire lunar surface will be masked Thursday night into Friday — a whopping 96% — making this an especially deep partial eclipse. The moon is already in the spotlight. NASA sent the Artemis II astronaut
Read more →Police recover 1,100 reams of cigarettes from abandoned truck
BACOLOD CITY — Authorities recovered 1,100 reams of suspected smuggled cigarettes valued at P594,000 from an abandoned truck in Sitio Tapol, Barangay Salong, Kabankalan City, Negros Occidental on Thursday, Aug. 20, 2026. The contraband was discovered after a local resident reported a suspicious vehicle that had been parked unattended on a private property for approximately five days. Police inspected the truck and found the cigarettes inside with no driver or owner present to claim the shi
Read more →Duterte impeachment trial seen to continue through mid-February
(UPDATE) MANILA, Philippines — The impeachment trial of Vice President Sara Duterte may continue until mid-February next year under the current schedule, although the proceedings may be shortened if the prosecution and defense agree to streamline the presentation of witnesses and evidence, lawyer Reginald Tongol said Saturday. Tongol said the impeachment court could not unilaterally expedite the proceedings because it was largely dependent on the actions and prerogatives of the prosecution
Read more →Alex Eala headed to New York for US Open
MANILA, Philippines — After a third-round exit at the 1000 Cincinnati Open, Alex Eala is headed to New York for her US Open return. "Coming for you NY," Eala captioned her selfie in an Instagram story on Saturday. WTA No. 20 Eala will begin her campaign in Flushing Meadows with ATP No. 4 Felix Auger-Aliassime in the mixed doubles from August 24 to 26. Eala then faces world No. 16 Iva Jovic in the Stars of the Open exhibition match on August 27. The main draw matches will run from August 30
Read more →Alex Eala likens herself to Caitlin Clark
MANILA, Philippines — Asked which NBA or WNBA player she compares or likens herself to, Filipino tennis ace Alex Eala picked Indiana Fever superstar Caitlin Clark. "Let me preface by saying that I don't think I know enough about the NBA or WNBA," said Eala in an interview with Overtime. "But I would be remiss not to choose Caitlin Clark. She's amazing. I think she's insane. Hey Caitlin! I'm Alex, nice to meet you." Like Eala in Philippine tennis where she recorded many firsts, Clark is a h
Read more →Alex Eala’s shirt sold out
MANILA, Philippines — Alex Eala's rising fame has transcended from sold out match tickets to sold out merchandise. Multiple reports stated that the Filipino tennis ace's new Nike shirt immediately sold out just minutes after being made available on the Nike website. The black shirt is priced at $42 or more than P2,500. In an Instagram story a few days ago, Eala posted the shirt featuring a gray floral graphic design with her name on the back. “I have my own shirt!! You know what to d
Read more →Derrick Rose heads to Cebu for two-day basketball celebration
MANILA, Philippines — Cebu basketball fans are in for a treat as NBA legend and 2011 Most Valuable Player Derrick Rose makes his first visit to the Queen City of the South for “Rose Meets the Queen: Derrick Rose in Cebu,” a two-day celebration culminating on August 26 at SM Seaside City Cebu. The visit marks Rose’s third trip to the Philippines as an ArenaPlus brand ambassador and his first time in Cebu—one of the country’s biggest basketball hotbeds. The cele
Read more →BTS Jimin’s touching moment with young cancer patient inspires ARMY to raise over $91K
MANILA, Philippines — 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
Read more →FUNaloMAX launches next-gen app
FUNALOMAX, a product of Solaire, has officially launched its next-generation mobile app alongside the highly anticipated MAX Rewards VIP program. Engineered to conquer the realities of Philippine internet connectivity, the new platform delivers world-class gaming prestige with lightning-fast accessibility. A technological game changer FUNaloMAX abandoned heavy third-party frameworks to build a custom, in-house architecture engineered for speed – faster load times, optimized screens for slo
Read more →SuperiorMed Holdings Limited Announces Entering into an Agreement and Plan of Merger with Starry Sea Acquisition Corp
DUBAI, United Arab Emirates and NEW YORK, Aug. 22, 2026 (GLOBE NEWSWIRE) -- SuperiorMed Holdings Limited, a Cayman Islands company ("SuperiorMed” or the "Company”), a company that shall become the parent company of SuperiorMed Healthcare Management FZ-LLC, a company in the business of management and consulting service for certain medical institutions under the laws of the United Arab Emirates ("UAE”), announced today that it has entered into an Agreement and Plan of Merger (the "Merger Agreement
Read more →Zambales declares state of calamity as damages reach P690M
ZAMBALES – Gov. Hermogenes Ebdane Jr. approved a resolution declaring the entire province of Zambales under a state of calamity following the combined effects of the enhanced southwest monsoon and tropical cyclones, which have caused nearly P690 million in infrastructure damage and agricultural losses. The declaration was based on the recommendation of the Provincial Disaster Risk Reduction and Management Council (PDRRMC) through a resolution submitted to the Sangguniang Panlalawigan (Prov
Read more →Oil rises as Trump threatens sanctions on 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 percent t
Read more →SB19 fandom wins fourth Billboard Fan Army title
MANILA, Philippines — SB19’s A’Tin fandom has made Billboard history after defeating Harry Styles’ Harries to claim its fourth consecutive Fan Army Face-Off title, making it the most successful fanbase in the competition’s history. The latest triumph puts A’Tin ahead of T-ara’s Queens, which previously held the competition’s record with three consecutive wins from 2015 to 2017. A’Tin’s run to the 2026 title was marked by matchups agains
Read more →Fil-Am actor Brandon Perea joins ‘Insidious’ universe
MANILA, Philippines — Filipino-American actor Brandon Perea is entering the terrifying world of Insidious as Nick, the male lead in Insidious: Out of the Further, the sixth installment of the supernatural horror franchise. Directed by Jacob Chase, the film follows Gemma, played by Amelia Eve, who discovers that she has the ability to travel into The Further, the mysterious realm that has been central to the Insidious films. However, her newfound ability comes with a dangerous consequence.
Read more →Lindsay Clancy’s defense rests at trial over whether postpartum psychosis drove her to kill her kids
BOSTON — The defense rested its case Friday in the Lindsay Clancy murder trial after eliciting several days of testimony about her mental state before and after she strangled her three young children. Prosecutors then began calling rebuttal witnesses in the trial, which is likely entering its final days. Closing arguments are expected next week. Clancy, 36, has pleaded not guilty to murder charges in the deaths of her children Callan, Dawson and Cora Clancy, who ranged from 8 months to 5 y
Read more →Lerøy Seafood Group ASA: Primary Insider Transaction
FERD AS, represented on the Board of Directors of Lerøy Seafood Group ASA by Are Dragesund, has on 21 August 2026 purchased 357,542 shares in Lerøy Seafood Group ASA. Following the transaction, FERD AS owns 13,860,090 shares in Lerøy Seafood Group ASA. The transaction concerns shares in Lerøy Seafood Group ASA (ISIN NO0003096208). Attached is a notification of the transaction pursuant to Article 19 of the Market Abuse Regulation (MAR). The transaction is subject to notification requirements unde
Read more →BPO stalwart Locsin, 55
MANILA, Philippines — Albert Mitchell Locsin, known as a longtime advocate and stalwart of the Philippine business process outsourcing (BPO), died on Wednesday. He was 55. Among those who mourned his passing was the Customer Xperience Association of the Philippines (CXAP), where he served as chairman. “Mitch was more than a leader. He was a colleague, mentor, and friend whose warmth, dedication, and genuine care for people touched many lives. For nearly two decades, he served the Ass
Read more →OnTime Posts 140.7% Revenue Surge to RMB 4.035 Billion, Gross Profit Tops RMB 500 Million in H1 2026
HONG KONG, GUANGZHOU and SHENZHEN, China, Aug. 22, 2026 /PRNewswire/ -- Chinese mobility technology and service provider OnTime (9680.HK) announced its first-half 2026 financial results on August 19, achieving record highs in revenue, gross profit and order volume. The company posted a 156.3% jump in gross profit, topping RMB 500 million, with gross margin expanding to 12.4% and net losses narrowing 45.2% year-on-year. For the first half of 2026, OnTime generated revenue of RMB 4.035 billion, a
Read more →Tempo Mails Announces Free Temporary Email Service for Privacy-Focused Online Use
NEW YORK, Aug. 22, 2026 (GLOBE NEWSWIRE) -- Tempo Mails has announced the availability of its free temporary email service, providing users with disposable email addresses for short-term online registrations, verification messages and other situations where they may prefer not to use their primary email address. The web-based service generates a temporary email address without requiring users to create an account or purchase a subscription. Users can access an inbox directly through the Tempo Ma
Read more →Supreme Court's chief justice allows work on Trump’s $400M White House ballroom to continue for now
WASHINGTON, D.C. — Chief Justice John Roberts on Friday allowed the White House to continue construction on President Donald Trump’s $400 million ballroom project for now, as the Supreme Court considers the Trump administration's emergency request to intervene in lawsuits over the project. The temporary order came hours before lower-court rulings would have forced a halt to aboveground construction of the project because Trump didn't get congressional approval. It will remain in plac
Read more →