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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

4665 articles from Manila Times Business

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Manila Times Business

Brandin Podziemski receives 5-year contract extension for $110M from Warriors

SAN FRANCISCO — Guard Brandin Podziemski signed a five-year rookie-scale contract extension with the Golden State Warriors worth $110 million that takes him through the 2031-32 season, according to a person with direct knowledge of the agreement. The person spoke on condition of anonymity Saturday night because the team didn't disclose financial details in announcing the extension. Podziemski had 18 points with three 3-pointers, seven rebounds and four assists over 26 minutes in a 111-106

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Manila Times Business

Lumbo seeks redemption as Miñoza joins ICTSI Pueblo hunt

MANILA, Philippines – Coming off back-to-back runner-up finishes that exposed the fine line between victory and heartbreak, Jeffren Lumbo returns to the Philippine Golf Tour with renewed hunger and a steeled resolve, seeking to turn painful lessons into a breakthrough performance in the ICTSI Pueblo de Oro Championship, which blasts off Monday (Oct. 12) at the Pueblo de Oro Golf and Country Club in Cagayan de Oro. But the Sarangani ace will have his work cut out for him against a talent-la

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Manila Times Business

Rizal Memorial Coliseum eyed as Center Court for first WTA 250

MANILA, Philippines — The Rizal Memorial Coliseum in Malate, Manila is being eyed as the Center Court for the country's first WTA 250 Philippine Women's Open in November next year. Built in 1934, the Rizal Memorial Coliseum is adjacent to the Rizal Memorial Tennis Center which hosted the WTA 125 Philippine Women's Open last January. Philippine Tennis Association (PHILTA) Executive Director Tonette Mendoza said a meeting was already held to discuss this move. "We just had our first meeting

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Manila Times Business

Anthropic's Claude AI submits a false tip on a Philadelphia unsolved homicide case

NEW YORK — An Anthropic artificial intelligence model submitted a false tip to a Philadelphia police website about an unsolved homicide case, authorities and Anthropic said. It's the latest example of AI models acting in unintended ways and manipulating government and other websites during tests. In a report Friday, Anthropic also disclosed a separate incident when its AI model submitted forms to an undisclosed government website instead of stopping before submission. The incident in Phila

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Manila Times Business

The Cybersecurity Talent Gap Is an Economic Problem. Tolulope Michael Is Betting Non-Technical Workers Are the Answer

DALLAS, Oct. 11, 2026 (GLOBE NEWSWIRE) -- For years, the cybersecurity industry has described its hiring problem in the same terms: too many open roles, too few qualified people. The pipeline conversation has typically assumed one kind of candidate - a computer science graduate who codes. ExcelMindCyber, the Chicago-based accelerated cybersecurity training organization led by Chief Visionary Officer Tolulope Michael, is building its business on a different premise: that a large share of unfilled

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Manila Times Business

Alyssa Valdez celebrates PVL decade-long journey amid retirement speculations

MANILA, Philippines —Philippine volleyball icon Alyssa Valdez remains thrilled that, years after her career-defining stint with the Ateneo Blue Eagles, she is still playing the sport she loves. On the Premier Volleyball League’s (PVL) 10th anniversary, Valdez, who has been playing volleyball for nearly 20 years—sees her decade-long involvement in the league as a personal milestone. “It’s a very, very huge milestone for me because, in my career, I never really though

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Manila Times Business

Parts of Metro Manila, Rizal, Cavite to have water interruptions this week

MANILA, Philippines — Some areas in Metro Manila, Rizal and Cavite will have water interruptions this week because of maintenance works, Manila Water Company Inc. and Maynilad Water Services Inc. said on Sunday. Manila Water said that some parts of Brgy. Palingon in Taguig City will have water interruptions on October 12-13 between 10 p.m. and 4 a.m. due to looping activities at Bantayan. Some portions of Brgy. Upper Bicutan will have service interruptions on October 13-14 between 10 p.m.

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Manila Times Business

Eala on track for Alexandrova rematch or Fernandez rubber match

Filipino sensation Alex Eala is on track for a rematch against Russian Ekaterina Alexandrova or a rubber match against Canadian Leylah Fernandez at the WTA 1000 Wuhan Open in China. World No. 18 Eala needs to get past a qualifier in her opening match likely on Monday before facing either No. 28 Alexandrova or No. 26 Fernandez who is of Filipino descent. Alexandrova and Fernandez were pitted against each other as the draw revealed on Saturday. Tournament No. 13 seed Eala battled Alexandrova at th

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Manila Times Business

Legarda may rejoin Senate majority — Pangilinan

MANILA, Philippines — Sen. Francis Pangilinan has not ruled out Sen. Loren Legarda’s return to the Senate majority bloc, saying she was originally part of a group of five senators that included several members of the chamber’s current majority. Pangilinan said Legarda was previously part of a group composed of Senate President Pro Tempore Vicente “Tito” Sotto III, Sen. Panfilo “Ping” Lacson, Sen. Risa Hontiveros and Sen. Lito Lapid. “She came from

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Manila Times Business

Pangilinan: Dropping bribery charge could speed up Duterte impeachment trial

MANILA, Philippines — The removal of the bribery article from Vice President Sara Duterte’s impeachment case could trim trial days, with the defense panel expected to cut its initial list of 30 witnesses, Sen. Francis “Kiko” Pangilinan said. In an interview with DWIZ radio, Pangilinan said a shorter witness list could speed up the defense’s presentation, though the impact would depend on how it presents its evidence. “At least on record, the defense had said i

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Manila Times Business

Lacson threatening contractors with plunder charges — Cayetano

MANILA, Philippines — Senate Minority Leader Alan Peter Cayetano has accused Sen. Panfilo “Ping” Lacson of threatening contractors with plunder charges to pressure them into signing affidavits concerning alleged irregularities in projects along the Laguna Lakeshore area in Taguig City. In a Facebook livestream on Saturday, Cayetano claimed that six contractors were involved in the controversy. Four refused to sign the affidavits and two agreed to do so. He alleged that Lacson w

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Manila Times Business

Over 28,000 villages declared stable, peaceful — NTF-Elcac

MANILA, Philippines — A total of 28,415 barangay (villages) in 60 provinces have been declared under Stable Internal Peace and Security (SIPS), reflecting the government’s efforts to curb communist insurgency and expand development in conflict-affected communities, the National Task Force to End Local Communist Armed Conflict (NTF-Elcac) said. NTF-ELCAC Deputy Director for Operations Rodrigo “Rhod” Lutao presented the figures during the Major Island Group Action Planning

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Manila Times Business

Christa Pike is discharged from a hospital after surviving execution attempt, her attorneys say

NASHVILLE — Christa Pike, who survived Tennessee's attempt to execute her by lethal injection, has been moved back to prison, her attorneys said Saturday. Pike, 50, was discharged from the hospital and is back at the Debra K. Johnson Rehabilitation Center, the women's prison where she was housed for 30 years, her attorneys said in a written statement. "She is grateful to the first responders and her medical team for their care in these extraordinary circumstances. She is continuing to rece

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Manila Times Business

Pope Leo declares death penalty 'inadmissible' as his native US plans to livestream execution

ROME — Pope Leo XIV on Saturday declared capital punishment ''inadmissible" as he marked the World Day Against the Death Penalty and his native United States announced plans to livestream an execution by firing squad. In a post on X, the American pope quoted the revised Catholic teaching on capital punishment ushered in by Pope Francis that the death penalty attacks the inherent dignity of a human being. "The common good can be safeguarded and the requirements of justice can be met without

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Manila Times Business

Park service could remove more than 500 trees at historic golf course Trump wants to redesign

WASHINGTON — The National Park Service has begun a new round of tree-cutting at a historic golf course near the National Mall as the Trump administration proceeds with a plan to renovate the East Potomac Golf Links into a championship-level course. More than 500 trees "that do not contribute to the historic landscape will be removed" as part of the rehabilitation project, the National Park Service said in a court filing Friday. "No healthy trees that are contributing features of the histor

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Manila Times Business

Trump says Putin 'would like to see a settlement' in Ukraine war

JOINT BASE ANDREWS, United States — US President Donald Trump said on Saturday that his Russian counterpart Vladimir Putin would like to reach a deal on the war with Ukraine, accusing leader Volodymyr Zelensky of resisting a compromise. "Russia would like to make a deal... but for whatever reason, Zelensky does not want to make a deal," Trump told reporters. "President Putin would like to see a settlement, strongly," Trump said of what the Russian leader told him Friday when the pair spoke

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Manila Times Business

Mediacom Mobilizes Recovery Efforts Following Hurricane Isaias

GULF BREEZE, Fla., Oct. 10, 2026 (GLOBE NEWSWIRE) -- Mediacom Communications today announced that recovery efforts are underway following Hurricane Isaias, which made landfall on the Panhandle over the weekend. "Our teams are working to reconnect customers as quickly and safely as possible,” said Elena Kilpatrick, Medicom’s Senior Vice President of the Coastal Region. "We are closely monitoring service outages, primarily in Florida and Alabama, where most disruptions are due to commercial power.

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Manila Times Business

A tiger kills a man who entered the big cat enclosure at an English wildlife park

LONDON — A man died Saturday after he entered the tiger enclosure at a wildlife park in northern England and was attacked by one of the animals, police said. Emergency medical personnel responded to the Yorkshire Wildlife Park near the city of Doncaster after the incident was reported at about 1:35 p.m., but the victim died at the scene, South Yorkshire Police said in a statement. The tiger was not injured and remained inside the enclosure during the incident, the force said. The wildlife

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Manila Times Business

Today's Weather, 5 A.M. | Oct. 11, 2026

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Manila Times Business

Roche presents new Phase III one-year data for vamikibart in uveitic macular edema (UME), a serious cause of vision loss

In the MEERKAT and SANDCAT studies, vamikibart demonstrated sustained improvements in vision and reductions in macular thickness in patients with UME at 52 weeks1,2UME is the leading cause of moderate and severe vision loss in patients with uveitis, posing a significant risk of blindness if left untreated3,4The FDA has accepted Roche's Biologics License Application (BLA), with an approval decision expected by July 2027 Basel, 10 October 2026 - Roche (SIX: RO, ROP; OTCQX: RHHBY) announced today n

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Manila Times Business

KAPSARC TO JOIN 25TH WPC ENERGY CONGRESS IN RIYADH AS NATIONAL PARTNER

More than 20 KAPSARC leaders, researchers, and experts to contribute across the Congress's Executive, Technical, Synergy, and Special Programmes RIYADH, Saudi Arabia, Oct. 11, 2026 /PRNewswire/ -- KAPSARC participates as a National Partner in the 25th WPC Energy Congress in Riyadh, bringing its leaders and experts into discussions addressing some of the most important issues shaping the future of energy. KAPSARC, WPC25 National Partner Taking place from 11 to 15 October 2026 under the theme "Pat

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Manila Times Business

DOJ pushes through with obstruction complaint vs. Padilla

MANILA, Philippines — The Department of Justice (DOJ) confirmed on Saturday that the preliminary investigation into the obstruction of justice complaint filed against Senator Robin Padilla proceeded last Friday, October 9. Saying that the next hearing has been set on November 6, 2026, Justice spokesperson Polo Martinez said only the senator’s counsel was present during the initial investigation on the complaint. The Philippine National Police-Criminal Investigation and Detection Grou

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Manila Times Business

Stallion Power Gummies Introduces Multi-Ingredient Dietary Supplement Formulated for Male Enhancement

Stallion Power introduces a gummy dietary supplement containing botanical extracts, L-arginine, green tea, and caffeine, with details about its ingredients and formulation. Wilmington, DE, Oct. 10, 2026 (GLOBE NEWSWIRE) -- Stallion Power has introduced a multi-ingredient dietary supplement formulated with a combination of botanical extracts, an amino acid, green tea, and caffeine. Known as Stallion Power Gummies, the product contains ingredients including Muira Puama, maca root, horny goat weed,

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Manila Times Business

WATCH: Trump says Ukraine needs new president who will agree to end war

US President Donald Trump urges Ukraine to replace Volodomyr Zelensky with a new leader, lashing out at him for strikes on Russian oil refineries that have contributed to pre-election high diesel prices. VIDEO BY DC POOL / AFP

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