Philippines Business News

ReBio Pharma appoints leading ocular oncologist Professor Mandeep Sagoo as Chief Medical Officer

Brings nearly three decades of clinical, translational and biotechnology experience, strengthening ReBio's leadership team as it prepares to advance RBP-01 into the clinic RBP-01 targets primary uveal melanoma, the most common primary eye cancer in adults and an indication with no approved therapies TURKU, Finland and GENEVA, July 22, 2026 (GLOBE NEWSWIRE) -- ReBio Pharma ("ReBio" or "the Company"), a biotechnology company developing novel, targeted, eye- and vision-preserving therapies for ocul

Mad Max Moves from Myth to Machine

MELBOURNE, Australia, July 22, 2026 (GLOBE NEWSWIRE) -- Australia has produced its share of wild things, venomous snakes, saltwater crocodiles, bushfires, dust storms, and roads that disappear into nowhere. Now, officially licensed Mad Max vehicles are joining the list. Built in Australia, Mad Max Factory has unveiled a limited collection of officially licensed Mad Max vehicle recreations, bringing one of cinema’s most iconic machine worlds into physical reality. These vehicles are loud, powerfu

Matibag: Betrayal of public trust consummated when Duterte admitted contracting assassin vs Marcos

MANILA, Philippines — National Bureau of Investigation Director Melvin Matibag on Wednesday said the alleged betrayal of public trust was consummated when Vice President Sara Duterte publicly admitted to contracting an assassin to kill President Ferdinand Marcos Jr. During the ninth day of Duterte's impeachment trial, Matibag said that the vice president's public admission that she hired an assassin is itself the betrayal. Matibag issued the statement after Defense counsel Mark Vinluan ask

TECNIMONT (MAIRE) AWARDED ENGINEERING, PROCUREMENT, COMMISSIONING AND START-UP ACTIVITIES FOR A LARGE-SCALE FERTILIZER COMPLEX IN ARGENTINA

TECNIMONT (MAIRE) AWARDED ENGINEERING, PROCUREMENT, COMMISSIONING AND START-UP ACTIVITIES FOR A LARGE-SCALE FERTILIZER COMPLEX IN ARGENTINA, BASED ON NEXTCHEM'S UREA TECHNOLOGIES, FOR A TOTAL VALUE OF €1.3 BILLION, OF WHICH €140 MILLION FOR UREA LICENSING, PDP, PROPRIETARY EQUIPMENT, AND THE SUPPLY OF THE REFORMER FOR SYNGASOnce completed in 41 months, the facility will have an annual capacity of 2.1 million tons of granular urea, making it the largest urea plant in Latin America by production T

Tiger Brokers Named Among CNBC's World's Top FinTech Companies 2026 for Second Consecutive Year

Tiger Brokers is recognized as a global fintech leader in the Wealth Technology - Neobrokers category by CNBC and Statista, marking its second consecutive year on this prestigious list.The award highlights Tiger Brokers' position at the forefront of global financial innovation through advanced technology, intuitive design, and investor-centric solutions.Empowering investors worldwide with next-generation technology, Tiger Brokers continues to experience stellar growth, now serving millions of us

Sydney court dismisses defamation case against film star Rebel Wilson

SYDNEY — A Sydney court dismissed on Wednesday a defamation case against Australian film star Rebel Wilson by another actor. Charlotte MacInnes, who had featured in Wilson's directing debut "The Deb," accused the star of defaming her in 2024 by suggesting she had changed an account of having been a victim of sexual harassment in order to advance her career. The federal court case focused on an incident where MacInnes, who was 25 at the time, and the producer and financier of the film, Aman

Philsa releases maps showing areas affected by landslides, flooding due to 'Inday'

MANILA, Philippines —The Philippine Space Agency released satellite maps showing areas in the country that have been affected by Typhoon Inday. landslides in Lanao del Sur and flooded areas in Southern Luzon, Cotabato, and Maguindanao del Sur over the past few days due to Typhoon "Inday." In a statement, PhilSA said that it produced flooded area maps from very high resolution satellite images in Cotabato and Maguindanao del Sur using imagery from the KOMPSAT-3 satellite of the Korea Aerosp

Japan cities 'cruelly hot' for first time

Japanese cities are experiencing "cruelly hot days," a new meteorological term devised this year to warn people of intense heat above 40C, with heatstroke alerts issued across almost the whole country. Three central cities on Tuesday logged scorching heat above the threshold, called "kokushobi" which translates to "cruelly hot day," according to the Japan Meteorological Agency. On Wednesday, swathes of other areas, including the central hub of Nagoya and communities near Tokyo in the east, were

Diaz boosts quarterfinal bid with twin wins in J60 World Tennis

MANILA, Philippines — FILIPINO Jana Jelena Nicole Diaz registered two victories to boost her chance of advancing to the girls' quarterfinals in the first leg of the Oscar J. Hilado J60 World Tennis Championship at the Rizal Memorial Tennis Center Wednesday. Diaz defeated compatriots Kathlyn Ann Bugna, 6-0, 6-1, and Zacci Elyce Yuipco, 6-3, 6-0, to share the Group A lead with Korean Yerin Lee. Lee, ranked No. 394 in the world, demolished Bugna, 6-0, 6-0, and Yuipco, 6-0, 6-0. Under the Worl

ACE Robotics Unveils Kairos World Model with Record Performance on Four Global Benchmarks

SHANGHAI, July 22, 2026 (GLOBE NEWSWIRE) -- ACE Robotics announced that its self-developed Kairos World Model has ranked first across four leading global embodied AI benchmarks: RoboTwin 2.0, LIBERO-Plus, WorldModelBench Robot, and DreamGen. The model also achieved multiple new state-of-the-art (SOTA) results. Together, these benchmarks evaluate bimanual manipulation, long-horizon task planning, text-driven embodied generation, and physical interaction reasoning. The results validate Kairos Worl

CallTower and CEO Bret England Honored with Innovation Excellence Award 2026

Recognition honors CallTower and CEO Bret England for advancing Unified Communications and customer engagement worldwide SALT LAKE CITY, UT, July 22, 2026 (GLOBE NEWSWIRE) -- CallTower, a global leader in communication managed service provider focused on Unified Communications (UC) and Contact Center/Customer Experience (CC/CX) and Professional Services, today announced that CallTower and President & CEO Bret England have been recognized with the Innovation Excellence Award 2026, honoring organi

Competition for water poses risks to the energy transition

ICMM report maps where mining and metals facilities intersect with water stress, depletion, drought, flood and interannual variability risks LONDON, July 22, 2026 /PRNewswire/ -- Nearly two-thirds of mining and metals facilities worldwide are located in areas facing significant physical water risk, according to new analysis by ICMM. Competition for water poses risks to the energy transition Our Global Mining and Metals Water Dataset and report, also reveal that competition for water between mini

HIKMICRO Extends Pressurized Water Leak Detection Beyond the Building

Single Detector. Multiple Applications HANGZHOU, China, July 22, 2026 /PRNewswire/ -- HIKMICRO has extended its growing portfolio of industrial maintenance solutions by launching the AD22P, an intelligent acoustic leak detector designed to help users locate hidden leaks quickly and accurately across pressurized water systems. Building on the proven AD21P platform, the new AD22P expands its application range by adding to its indoor detection capabilities with a dedicated outdoor sensor. Acoustic

TEAM PRONC SET TO JOIN 2027 UIM E1 WORLD CHAMPIONSHIP PRESENTED BY PIF, BRINGING NIGERIAN CULTURE, HOSPITALITY AND GLOBAL AFRICAN INFLUENCE TO EXCITING GLOBAL ALL-ELECTRIC RACING ON WATER SERIES

Nigerian-founded team brings together leading entrepreneurs and investors to further showcase African excellence on the elite global sporting stage FULL IMAGERY HERE MONACO, July 22, 2026 /PRNewswire/ -- The newly-created Team PRONC has officially signed up to the 2027 UIM E1 World Championship presented by PIF - the world's first all-electric raceboat competition. Team PRONC co-founders Cecil Hammond and Richie Shittu, Preye Berezi, Osahon Okunbo and Ndy Oruche with Alejandro Agag, Founder and

VT Markets Launches "Finance Forward", a Multi-Market CSR Series to Empower Youths with Real World Financial Skills

The new CSR initiative focuses on improving financial literacy with practical education for youthsSYDNEY, July 22, 2026 /PRNewswire/ -- VT Markets, a leading global online trading platform, today announced the launch of a new corporate social responsibility (CSR) initiative - 'Finance Forward'. The initiative aims to equip young adults with the financial knowledge needed to move from economic uncertainty toward long-term independence. VT Markets Launches "Finance Forward", a Multi-Market CSR Ser

Uzum named among the world's top fintech companies by CNBC and Statista for the first time

Uzum, Uzbekistan's national digital ecosystem, has been included for the first time in the World's Top Fintech Companies 2026, compiled by CNBC in partnership with the global market research and analytics firm Statista. Uzum was recognized in the "Neobanking" category. TASHKENT, Uzbekistan, July 22, 2026 /PRNewswire/ -- The World's Top Fintech Companies by CNBC and Statista is one of the industry's most respected global benchmarks. It recognizes companies shaping the future of financial services

Envu Reports Progress in Land Restoration, Public Health, Food Loss Prevention and More

2025 Sustainability Report details measurable outcomes from Envu environmental science solutions CARY, N.C., July 22, 2026 /PRNewswire/ -- Envu, a global environmental science company, today released its 2025 Sustainability Report, highlighting progress toward its purpose of advancing healthy environments for everyone, everywhere. Organized around five sustainability pillars spanning innovation, healthier spaces and people, supply chain resiliency, culture, and governance, the report connects En

Telco tower permits now take 16 days instead of 241, gov’t says

Government says reforms have accelerated telecom tower construction by streamlining permits and strengthening coordination with local governments

Opening new frontiers for MSMEs through digital finance solutions

Micro, small, and medium enterprises (MSMEs) account for 99.5% of businesses in the Philippines. Yet, a large majority still rely on cash transactions and informal financing, limiting business expansion and leaving them vulnerable during economic disruptions. During the BusinessWorld Economic Forum 2026, themed “Advancing the ASEAN Agenda: Turning Regional Vision to Corporate Action,” business executives […]

[In This Economy] Economic impacts of the ‘historic’ P85 wage hike

Three things seem more important than rearguing the P85 wage hike for Metro Manila

Analysts say UK inflation dip buys BoE time before energy-led rebound

Cebu Pacific, Vietnam Airlines sign wet lease deal

The agreement covers the deployment of one Airbus A320neo aircraft powered by Pratt & Whitney engines.

78% of Filipino workers use AI at work but few receive training — study

Filipino workers use AI at work but lack role-specific training.

Telco backs stance on regulating instead of banning social media for children

As legislators and various groups continue discussions on calls to prohibit children below 16 years old from accessing social media, one of the country’s major telecommunications firms reaffirmed its firm advocacy for a balanced approach to online child safety.