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Philippines Business News

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

10033 articles across all sources

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Manila Times Business

Orum Therapeutics Doses First Patient in Phase 1 Trial of ORM-1153, a CD123-GSPT1 Degrader-Antibody Conjugate

BOSTON and DAEJEON, South Korea, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Orum Therapeutics ("Orum” or the "Company”) (KRX: 475830), a biotechnology company pioneering the field of degrader-antibody conjugates (DACs), today announced that the first patient has been dosed in a Phase 1 clinical trial evaluating ORM-1153, the Company’s investigational CD123-GSPT1 DAC, in patients with relapsed or refractory acute myeloid leukemia (AML) and other CD123-expressing hematologic malignancies. ORM-1153 combines

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Manila Times Business

CHANGAN Showcases Efficient Powertrains and Intelligent Safety at Mondial de l'Auto 2026

PARIS, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Changan Automobile is showcasing advances in powertrain technology, battery safety and intelligent driving assistance at Mondial de l'Auto 2026. Bringing together BlueCore Ultra Hybrid, Golden Shield Battery and SDA Pilot, the company is presenting the technologies supporting its approach to electrified mobility. Drawing on its European R&D experience and continued innovation, Changan aims to integrate efficient power, intuitive technology and safety into

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Manila Times Business

SEC Qualifies GOA Therapeutics’ Public Offering to Sell Up to $300 Million in Stock; Set for Launch October 15

Financing strategy is designed to advance GOA26, a first-in-class drug candidate for the treatment of acute alcohol intoxication and poisoning WEST PALM BEACH, FL, Oct. 13, 2026 (GLOBE NEWSWIRE) -- GOA Therapeutics Corporation ("GOA” or the "Company”) today announced that the U.S. Securities and Exchange Commission ("SEC”) has qualified the Company’s offering statement on Form 1-A for its Tier 2 Regulation A offering. The Company plans to launch online investment access on Thursday, October 15,

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Manila Times Business

Globavend Holdings to Present at the 2026 ThinkEquity Conference

Presentation to highlight established logistics operations and growth strategy spanning AI-powered digital entertainment and live events PERTH, Australia, Oct. 13, 2026 (GLOBE NEWSWIRE) -- via IBN -- Globavend Holdings Limited (NASDAQ: GVH) ("Globavend” or the "Company”), an emerging e-commerce logistics provider and AI-powered digital entertainment company, today announced that its Chairman, Kenny K.M. Fung, will present at the 2026 ThinkEquity Conference on Thursday, October 15, 2026, at the M

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Manila Times Business

GTA 6 PC release eyed for early 2027

New Grand Theft Auto 6 updates have reportedly surfaced, including a possible PC release window and a free physical map bundled with the game's disc edition. According to GameBeat, GTA 6 developer Rockstar Games is planning to release the PC version within the first three months of 2027. Rockstar has yet to comment on the reported PC release, but the timeline would bring the game to the platform relatively soon after its scheduled Nov. 19 launch, unlike its predecessor, Grand Theft Auto 5. Xbox

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Manila Times Business

ROI Amplified Launches AI Visibility Audit as AI Search Reshapes How Buyers Find Companies

Florida digital marketing agency ROI Amplified launches AI Visibility Audit to show brands exactly how they appear, or fail to appear, in AI generated answers Tampa, Florida, October 13, 2026 -- ROI Amplified, a Florida based digital marketing agency, today announced the launch of its AI Visibility Audit, a service that measures how visible a brand is inside answers generated by ChatGPT, Google Gemini, and Claude compared to its named competitors. The launch follows internal analysis by ROI Ampl

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Manila Times Business

Five Star Bancorp Announces Third Quarter 2026 Earnings Release Date and Webcast

RANCHO CORDOVA, Calif., Oct. 13, 2026 (GLOBE NEWSWIRE) -- Five Star Bancorp (Nasdaq: FSBC) ("Five Star” or the "Company”), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank (the "Bank”), expects to report its financial results for the quarter ended September 30, 2026, after the stock market closes on Monday, October 26, 2026. Management will host a live webcast for analysts and investors to review this information at 1:00 PM ET (10:00 AM PT) on October 2

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Manila Times Business

HII is Awarded Contract to Support AUKUS Engineering and Design Work

NEWPORT NEWS, Va., Oct. 13, 2026 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Newport News Shipbuilding (NNS) division was awarded a $56 million contract by the U.S. Navy for shipbuilding engineering and design in support of the trilateral Australia, United Kingdom, and United States (AUKUS) partnership. The contract includes an option which, if exercised, would bring the cumulative value of this contract to $91 million. HII continues to take a whole-company approach to support t

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Manila Times Business

Brokfill Expands Nationwide Delivery Coverage with USPS Shipping Integration

Merchants using Brokfill can now ship to every U.S. address through USPS, including rural and P.O. Box destinations, ahead of the holiday shipping season. Los Angeles, California, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Broadscale Fulfillment LLC, the operator of Brokfill, a fulfillment platform for growing ecommerce and distribution businesses, has partnered with the United States Postal Service (USPS) to expand last-mile delivery coverage for its clients. Orders fulfilled through Brokfill can now sh

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Manila Times Business

Northerner Introduces Flexible Subscription Service for Adult Nicotine Pouch Customers

Washington, D.C., Oct. 13, 2026 (GLOBE NEWSWIRE) -- Verified consumers 21 and older can schedule eligible products every two or four weeks, with subscription savings and free standard shipping Northerner.com, one of the world’s largest online retailers of nicotine pouches, has introduced a subscription service for verified adult customers who regularly purchase the same eligible products. Informed by customer feedback, the new option is designed to make repeat ordering more predictable, convenie

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Manila Times Business

Waterfall Network Sets New TPS Record of 83,333 BlockDAG L1 Achieves Highest Throughput Among Top Networks

Latest benchmark marks the network’s third consecutive annual TPS milestone and highlights the scalability gains of its parallelized BlockDAG architecture Zug, Switzerland, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Waterfall (www.waterfall.network), a highly scalable and decentralized BlockDAG EVM-compatible Layer 1 protocol, today announced it set a new transaction throughput record of 83,333 transactions per second (TPS) averaged over 100 blocks during a test on October 2, 2026. This result surpasses

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Manila Times Business

UNCF Selects ZRG Partners, a global talent advisory firm, to Lead National Search for Next President and CEO

WASHINGTON, DC, Oct. 13, 2026 (GLOBE NEWSWIRE) -- The UNCF Board of Directors today announced the selection of ZRG Partners, a global talent advisory firm, to lead the national search for UNCF’s next president and chief executive officer. The selection of ZRG Partners follows a comprehensive review of leading executive search and talent advisory firms. ZRG Partners has specialized expertise across education, nonprofit and social impact organizations and a dedicated Historically Black Colleges an

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Manila Times Business

Police confiscate robot that groped 16-year-old girl, probe whether young men were at the controls

COLOGNE, Germany — German authorities opened an investigation into possible sexual harassment after a robot controlled by two young men touched the buttocks of a 16-year-old girl and made thrusting movements toward her, police said. Police in the western city of Cologne responded after the incident overnight Saturday to Sunday in which the robot's suspected 16-year-old owner and a 19-year-old companion were said to have filmed the alleged assault. They were said to have streamed the incide

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Manila Times Business

Death toll rises to 6 as Hurricane Simon and Rachel remnants unleash floods in Mexico

ENSENADA, Mexico — The death toll from Hurricane Simon and the remnants of Tropical Storm Rachel rose to six Tuesday after heavy rains triggered flooding and landslides along Mexico’s Pacific coast, authorities said. Hurricane Simon continued moving slowly off Mexico’s Pacific coast as a Category 1 storm, bringing heavy rain to Nayarit and Sinaloa states, where authorities remained on alert for rising rivers and flooding. Over the weekend, the hurricane brought heavy rain to th

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Manila Times Business

Reese Witherspoon, France's Mediawan to buy Hello Sunshine

PARIS — Reese Witherspoon and French content group Mediawan on Tuesday said they were buying Hello Sunshine, the women-focused production company the Hollywood star founded before she sold a majority stake in it in 2021. Witherspoon launched Hello Sunshine in 2016 to "change the narrative for women" and how they were represented in the media. The company has produced, among others, the series "Big Little Lies," "The Morning Show," and "Little Fires Everywhere," as well as animated series a

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Manila Times Business

Duane ‘Keffe D’ Davis gets 40 years to life in prison for orchestrating the murder of Tupac Shakur

LAS VEGAS — An aging ex-gang leader was sentenced Tuesday to 40 years to life in prison for orchestrating the 1996 drive-by shooting of rap icon Tupac Shakur near the Las Vegas Strip. The killing, rooted in a long-running gang feud, had gone unsolved for decades — captivating the public and tormenting Shakur’s loved ones — until Duane “Keffe D” Davis started bragging about it in interviews and a memoir. Davis, 63, was convicted in August of first-degree murder

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Investing.com PH

Trump says ‘massive’ oil, gas, and mineral exploration to begin in Greenland

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BusinessWorld

A shorter path to recovery after heart surgery

For many patients, the prospect of undergoing an operation brings more questions about pain, recovery, complications, and how…

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PhilStar Business

Attracting investments

BBM must really think so poorly of us to claim he made his recent Singapore F1 Grand Prix trip to bring in investments. Indeed, other presidents before him justified their expensive foreign junkets the same way and we always just rolled our eyes.

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PhilStar Business

BSP trims BOP deficit forecasts for 2026, 2027

The Philippines may post narrower balance of payments deficits for the next two years than earlier expected, although elevated fuel costs, geopolitical tensions and uneven global growth are still seen weighing on the country’s external position, the Bangko Sentral ng Pilipinas said.

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PhilStar Business

‘Complete secrecy’ in Semirara coal auction flagged

Semirara Mining and Power Corp. has criticized what it claims is “complete secrecy” surrounding the award of a new operating contract for the country’s largest coal mine.

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PhilStar Business

ERC suspends power reserve market

The Energy Regulatory Commission has temporarily halted Reserve Market operations to curb persistently high ancillary service prices, especially in the Visayas.

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PhilStar Business

FDI inflows sink 44% in July – BSP

Foreign direct investment net inflows into the Philippines fell sharply in July from a year ago, pulling the seven-month tally down by nearly a quarter as all major components of foreign investment weakened.

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PhilStar Business

High food, energy prices to weigh on Philippines growth

The Philippine economy is expected to book slower growth than most major Southeast Asian peers this year as high food and energy prices weigh on activity, before staging a stronger rebound in 2027, according to the International Monetary Fund.

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