Philippines Business News

How to keep babies safe when temperatures soar

Infants, toddlers and young children need outdoor activity to build strong bodies and minds, but they also require extra care in the heat. In the summer months, those twin imperatives can make parents anxious. How long should kids be out? How do I know they're OK? What should I avoid? Human-caused climate change is making heat waves longer, stronger and more widespread. Much of the US sweltered last week under a heat dome. That shift makes questions about keeping babies safe more pressing, said

Singapore Launches Anchor Professional Services Centre to Help Businesses Expand Across Asia

SINGAPORE - Media OutReach Newswire - 21 July 2026 - A Singapore company looking to expand into Vietnam may need a lawyer, accountant, tax adviser, HR consultant and local business connections. Today, businesses often have to find these services one by one, in each market they enter. A new regional network aims to change that. The Professional Services (PS) Centre Singapore, officially launched today by Ms Indranee Rajah, Minister in the Prime Minister's Office, Second Minister for Finance and N

OCS Announces the Recommended Acquisition of Mitie, Expanding its UK-headquartered International Facilities Management Group

OCS today announced its recommended acquisition of Mitie, bringing together two complementary businesses specialising in facilities management and transformation. Completion is subject to the terms and conditions set out in the Rule 2.7 announcement, including approval by Mitie's shareholders and regulatory approvals. LONDON, July 21, 2026 (GLOBE NEWSWIRE) -- The proposed combination would create a UK-headquartered international facilities management group with broader sector expertise and geogr

Scam losses in Asian regions up to $114B in 2025 — UN

BANGKOK — Victims of transnational online scams in East Asia, Southeast Asia, Australia and New Zealand lost up to $114.1 billion last year, a UN report said Tuesday, with estimated losses at least tripling from 2023. Southeast Asia, especially Cambodia and Myanmar, has emerged as a regional hub for crime syndicates running fake romance and cryptocurrency investment schemes in which scammers — some willing, others trafficked — defraud internet users around the world, often from

MegazoneCloud Welcomes TRIUM Global EMBA Delegation, Shares Enterprise AI Strategy

From UT Austin McCombs MBA to TRIUM Global EMBA - global MBA programs continue to visit MegazoneCloud Senior executives from businesses across some 20 countries visit MegazoneCloud to see its AI and cloud innovation firsthand SEOUL, South Korea, July 21, 2026 /PRNewswire/ -- MegazoneCloud (CEO Dong-Hoon Yeom), a leading AI and cloud company, hosted a delegation of 47 students, faculty and staff from the prestigious TRIUM Global Executive MBA Program at its Industry-Academia Research Center in Gw

Rongsheng Petrochemical Joins Hands with SABIC to Build New Materials Project, Opening a New Stage of Strategic Cooperation Between Two Global Chemical Leaders

HANGZHOU, China, July 21, 2026 /PRNewswire/ -- A news report from: Shenzhen Panorama Network On July 16, Chinese chemical materials giant Rongsheng Petrochemical announced that the Company and its wholly owned subsidiary Rongsheng New Materials signed with Saudi Basic Industries Corporation (SABIC) a Project Development Agreement Regarding the New Project, under which the parties will carry out in-depth cooperation on the Jintang New Materials Project. Under the agreement, Rongsheng Petrochemica

Rongsheng Petrochemical's Advanced Materials Project to Introduce SABIC as Strategic Investor with a Stake of up to 50%

HANGZHOU, China, July 21, 2026 /PRNewswire/ -- A news report from Shenzhen Panorama Network: On July 16, Chinese chemical materials giant Rongsheng Petrochemical (002493.SZ) announced that the Company and its wholly owned subsidiary Rongsheng New Materials signed with Saudi Basic Industries Corporation (SABIC) a Project Development Agreement Regarding the New Project, under which the parties will carry out in-depth cooperation on the Jintang New Materials Project. Under the agreement, Rongsheng

Luke Skywalker's 'Empire Strikes Back' lightsaber with severed hand attached auctioned for $3.75M

LOS ANGELES — A lightsaber with Luke Skywalker's severed hand from “The Empire Strikes Back” has sold for $3.75 million at auction. Heritage Auctions announced the results of its Hollywood & Entertainment Signature Auction on Monday. The lightsaber, used onscreen by Mark Hamill in the climactic Cloud City fight where Darth Vader declares “I am your father” in the 1980 “Star Wars” sequel, included a severed hand effects rig used for when Vader sliced it o

Wilt Chamberlain Lakers jacket found by a teen at a thrift store fetches over $89,000 at auction

PORTLAND, Oregon — A warmup jacket worn by Wilt Chamberlain during the 1972 NBA finals that was bought by a teenager for $3.07 at an Oregon thrift store sold for $89,600 at auction on Monday. Quinn Brown had been eyeing a massive bin of clothes at a Goodwill store outside Portland in January when he saw someone toss a Lakers jacket with Chamberlain's name on it back on the pile. Brown, who resells used clothes online, quickly grabbed it. The jacket was auctioned by Sotheby’s, which h

Arcfra Releases Neutree 1.1 to Help Enterprises Optimize GPU Utilization and Govern AI Inference at Scale

SINGAPORE, July 21, 2026 /PRNewswire/ -- Arcfra today announced the release of Neutree 1.1, a Model-as-a-Service platform for enterprise AI inference. The new version adds native GPU virtualization and expanded model governance capabilities, helping enterprises improve GPU utilization while managing model usage, quotas, access control, and security audits across AI applications. As enterprise AI moves from pilots to production, organizations are running more diverse model workloads, including LL

Envision Named to S&P Global Tier 1 Cleantech Companies List for the Second Consecutive Year

Wind Turbines, Energy Storage Systems and Battery Cells All Achieve Tier 1 Recognition, Highlighting the company's Integrated Future Energy System Capabilities SHANGHAI, July 21, 2026 /PRNewswire/ -- Envision, a global leader in green technology, has been named to the 2026 S&P Global Tier 1 Cleantech Companies List for the second consecutive year, making it one of the few companies globally with Tier 1 recognition across three core technology pillars of the Future Energy System. Envision Energy

TelkomGroup, Nongsa Digital Park, and BW Digital Strengthen Indonesia's Digital Gateway through the NCC Submarine Cable System

Strategic collaboration to reinforce Batam's position as a digital hub connecting Indonesia and Singapore to global markets BATAM, INDONESIA - Media OutReach Newswire - 21 July 2026 - PT Telekomunikasi Indonesia International (Telin), an operating company of PT Telkom Indonesia (Persero) Tbk (Telkom), together with BW Digital and the support of Nongsa Digital Park (NDP) as one of strategic partners, today marked a significant milestone in the development of Indonesia's international digital infr

Sow Fertility's CEO Recognised as a Tatler Gen.T Leader of Tomorrow 2026 for Closing the Support Gap in Women's Reproductive Health

HONG KONG SAR - Media OutReach Newswire - 21 July 2026 - Dawn Chan, Founder and CEO of Sow Fertility, has been named to Tatler Gen.T's Hong Kong Leaders of Tomorrow 2026, in recognition of her contributions to advancing women's health, fertility care, and reproductive healthcare across Hong Kong and the broader Asian region. The award highlights Chan's commitment to closing the support gap for individuals navigating their fertility, maternity and family-building journeys - journeys that, for too

Momcozy Points Parents to Insurance and PUMP Act Benefits for Breast Pumps

New York, United States, July 21, 2026 -- Many parents in the U.S. don't realize that their health insurance may cover a breast pump at little or no cost, or that federal law provides workplace protections for pumping employees. Navigating insurance requirements, coverage options, and workplace rights can be confusing, especially for first-time parents. Momcozy is helping simplify the process by providing guidance on everything from insurance coverage to understanding protections under the PUMP

US tariffs on Canada are a "targeted measure," says Greer

[Ask the Tax Whiz] An open letter to the Philippine Senate

We deserve leaders who inspire trust instead of division, confidence instead of exhaustion, and hope instead of cynicism

[Vantage Point] Pax Silica: America’s blueprint for the AI economy

It’s an invitation to the high table of 21st-century industrial power. And the table is set in Clark.

The first-ever SM Active Hub Pickleball Trio Challenge concludes with thrilling grand finals

SM Active Hub recently concluded its first-ever Pickleball Trio Challenge with an adrenaline-fueled Grand Finals held on July 12, 2026 at SM Pickleball, Four E-Com Center MOA Complex in Pasay City bringing together the tournament’s top qualifying teams. Featuring a unique three-player team format, the tournament fostered strategic team play and elevates the level of competition. Teams competed in the DUPR 9 and DUPR 11 divisions, […]

Philippines’ BoP surplus widens to $3.4 billion in June

By Katherine K. Chan, Reporter The Philippines’ balance of payments (BoP) surplus widened to over $3 billion in June, which helped significantly narrow the BoP deficit in the first half of the year, central bank data showed. Based on Bangko Sentral ng Pilipinas (BSP) data released late on Monday, the country’s BoP position remained at […]

As Lopez firms postpone elections, who signs off if Barito’s $5-B offer for EDC gets serious?

A US$5-billion offer arrives, but who at the Lopez group can even say yes?

Price Tracker: Oil, fuel monitor for July 21-27, 2026

DOE says renewed West Asia tensions are still driving pump prices higher.

Middle East tensions escalate; earnings flood ahead - what’s moving markets

SuanNutra, Parent Company of Monteloeder and a Carbyne Equity Partners Portfolio Company, Expands Product Portfolio with Specialty Natural Ingredients Businesses from IFF

MADRID, July 21, 2026 /PRNewswire/ -- SuanNutra, the global science-backed ingredients group, today announced it has signed an agreement to acquire a portfolio of specialty natural ingredients businesses from IFF (NYSE: IFF). The transaction, backed by SuanNutra's majority shareholder Carbyne Equity Partners, will merge the businesses with SuanNutra's existing operations to create an enlarged global group in science-backed natural ingredients. Completion is expected by the end of 2026, subject t

Telix Q2 Revenue US$247M, Strong Momentum and Pipeline Progress

MELBOURNE, Australia and INDIANAPOLIS, July 21, 2026 (GLOBE NEWSWIRE) -- Telix Pharmaceuticals Limited (ASX: TLX, NASDAQ: TLX, "Telix”) provides a market update on its commercial and operational performance for the quarter ended June 30, 2026 (Q2 2026). Q2 2026 Highlights1 Group revenue of US$247 million, up 7% quarter-over-quarter (QoQ) and up 21% year-over-year (YoY).Precision Medicine continues to deliver strong growth, revenue of US$202 million, up 9% QoQ and up 30% YoY.Telix expects FY 2026