Philippines Business News

PAGCOR targets casino exit by 2027

The Philippine Amusement and Gaming Corp. is targeting to complete its exit from casino operations by the third or fourth quarter of 2027, as the state gaming regulator moves closer to securing government approval for the privatization of its Casino Filipino business.

Soybean meal imports seen to rise 10% in 2027

The country’s imports of soybean meal are forecast to expand by 10 percent in 2027 due to rising demand from the poultry sector.

Stocks slip as investors cash in

Investors yesterday decided to take profits amid economic concerns, cutting short the local stock market’s two-day climb.

Toyota eyes bigger bet on Tamaraw

Toyota Motor Philippines Corp. is ready to make additional investments for the next-generation Tamaraw as it plans to participate in the government’s Revitalizing the Automotive Industry for Competitiveness Enhancement program.

CICC Global Institute 2026 Q4 Macro Forum on "China’s Economy amid Global Rebalancing: New Paradigms and New Industries" Successfully Held in Bangkok, Thailand

HONG KONG SAR - Media OutReach Newswire - 13 October 2026 - On October 13, the CICC Global Institute (CGI) held its 2026Q4 Macro Forum in Bangkok, Thailand, under the theme "China's Economy amid Global Rebalancing: New Paradigms and New Industries". The forum featured welcome remarks, keynote speeches, two thematic dialogues and an evening discussion session. Yanliang Miao, Chief Economist and Senior Managing Director of CICC, shared his insights on China's economic transformation and the evolvi

Datasea's Five AI Agent Customer Arrangements Reach Approximately US$4.0 Million in Aggregate Service Value

Aggregate service value increased approximately 264% from the approximately US$1.10 million disclosed in mid-September; continued execution advances AI agent commercialization under arrangements previously disclosed with potential annualized service volume of up to approximately US$89.4 million BEIJING, Oct. 13, 2026 /PRNewswire/ -- Datasea Intelligent Technology Ltd. (NASDAQ: DTSS) ("Datasea" or the "Company"), a technology company focused on acoustic high technology and AI multimodal intellige

EcoFlow Debuts TITAN Series, Bringing Whole-Home Energy Security Within Reach of Everyday Families

Built to cut daily electricity costs and power through grid outages, the new ecosystem delivers heavy-duty backup at an accessible price SEATTLE, Oct. 13, 2026 /PRNewswire/ -- Homeowners facing surging utility bills and an unpredictable power grid have a simpler path to energy independence with today's launch of EcoFlow TITAN Series. Designed to make whole-home backup power practical and accessible, the ecosystem features three powerful options to choose from: TITAN 5000 Plus, TITAN 5000 and TIT

Global 300mm Fab Equipment Spending to Reach $227 Billion in 2029 as Buildout Accelerates, SEMI Projects

U.S. Construction Pipeline Expands Amid Strong Global 300mm Investment SAN FRANCISCO, Oct. 13, 2026 /PRNewswire/ -- SEMICON West -- Global 300mm front-end fab equipment spending is projected to reach $149 billion in 2026, up 31% year-over-year, SEMI reported today in its latest 300mm Fab Outlook. Investment is expected to continue growing at double-digit rates through 2029, reaching $227 billion. Global 300mm Fab Equipment Spending from 2024 projected to 2029 The stronger investment trajectory i

ENVALIOR AT FAKUMA 2026: SUSTAINABLE MATERIAL SOLUTIONS THAT HELP CUSTOMERS MEET ENVIRONMENTAL TARGETS

Envalior's booth will showcase its growing portfolio of more sustainable material options to support customers in meeting evolving regulatory demands and environmental targets while maintaining the highest performance standards.Solutions on display include bio-based mass-balanced Xytron™ PPS that reduces product carbon footprint up to 40%, a collaboration to create virgin-quality PA6 using post-consumer vehicle components, and a wide range of drop-in sustainable grades.The company's post-consume

LG ELECTRONICS ANNOUNCES NEW SMART HOME ACCESSORIES, DESIGNED IN COLLABORATION WITH APPLE FOR THE APPLE HOME COLLECTION

The New Products Advance LG's Zero Labor Home Vision Across Indoor and Outdoor Living Spaces News Summary LG Electronics and Apple announced the seven smart home accessories for the Apple Home Collection, including indoor and outdoor cameras, a video doorbell, smart lock, smart thermostat and temperature sensor.The new products are co-developed by LG Electronics and Apple, and work seamlessly with Apple devices. The collaboration goes beyond device compatibility, combining LG's deep knowledge of

IFS Launches IFS Intelligence: new way to apply AI to industrial challenges that technology previously could not solve

Unearth insights from every corner of your industrial operation, act on the answer, and set crews of digital workers to the point of work - in plain language, all in one place ORLANDO, Fla., Oct. 13, 2026 /PRNewswire/ -- IFS UNLEASHED - IFS, the world's leading provider of Industrial AI software, today launched IFS Intelligence, a new product that collates data from across your industrial operation (from assets, systems, processes) and turns it into meaningful action in minutes - creating value

IFS Industrial Index 2026 reveals the factory floor is surging ahead in AI usage leading to 90% gains in reliability and performance

New annual index uncovers a growing execution divide as industrial frontline teams tap operational data to solve critical challenges and achieve cost savings with AI while leadership catches up on governance, AI safety, and scale ORLANDO, Fla., Oct. 13, 2026 /PRNewswire/ -- IFS Unleashed - IFS, the leading provider of Industrial AI software, today launched new research revealing a significant divide between frontline execution and C-suite strategy in industrial AI usage. According to the IFS Ind

Wolfbox MegaFlow 400 Makes Car Drying and Detailing a One-Tool Job

The new compact yet powerful cordless handheld blower delivers up to 72 m/s of airspeed and includes three speed settings and three nozzles for improved care and cleaning of a vehicle's exterior and interior. DALLAS, Oct. 13, 2026 /PRNewswire/ -- The compact, cordless MegaFlow 400 air blower is the newest addition to Wolfbox's suite of air blowers for different needs. Leveraging extensive experience as a leader in automotive electronics, the brand designed the MegaFlow 400 to be a handheld tool

AIsphere Officially Opens Hong Kong Office at Cyberport, Building an AI Hub for the City

More than a workplace, its Hong Kong office is positioned as an AI hub serving local enterprises, government bodies, universities, and creators. HONG KONG, Oct. 13, 2026 /PRNewswire/ -- AIsphere, a leading global AI video generation company, today announced the official opening of its Hong Kong office at Cyberport. AIsphere is one of the first AI video model companies to establish an office in Hong Kong. More than a workplace, the office is positioned as an AI hub serving local enterprises, gove

IFS brings the Industrial AI Harness to the world's most critical and complex industries

New operational foundation helps industrial organizations move from AI experimentation to trusted execution ORLANDO, Fla., Oct. 13, 2026 /PRNewswire/ -- IFS UNLEASHED - IFS, the leading provider of Industrial AI software, today introduced the Industrial AI Harness, the operational foundation of IFS Intelligence, designed to help enterprises put AI to work within the permissions, policies and operational realities that govern their business. The Industrial AI Harness builds on and extends the exi

SmartSens Showcases Automotive Vision Sensing Portfolio at AutoSens Europe 2026

SmartSens presents automotive-grade image sensors and integrated imaging-and-computing solutions for a range of vehicle applications BARCELONA, Spain, Oct. 13, 2026 /PRNewswire/ -- At AutoSens Europe 2026, held from September 22 to 24 at La Farga de L'Hospitalet in Barcelona, SmartSens, a technologically advanced supplier of CMOS image sensors and the No.3 player in global CIS market shipments in 2025, showcased its automotive-grade (AT) image sensor portfolio, alongside solutions that support f

Suvoda makes Sofia AI assistant available for clinical trials to drive faster answers and action

Key TakeawaysClinical trials require guard railed AI that's purpose built for the regulated industry that has high human stakes and required audit trails.Sofia helps make complex, fast-moving trial data more accessible to study teams who manage large volumes of time-sensitive work.Study teams can get faster answers and take confident action. Sofia goes beyond information retrieval and can execute authorized system actions on behalf of busy users while maintaining the permissions and audit trails

PCSO Lotto Results | October 13, 2026

LocalStack Adds Support for AWS Lambda Web Functions in Local AWS Sandbox Environments

ZURICH, Oct. 13, 2026 (GLOBE NEWSWIRE) -- LocalStack, the market leader in local cloud development, today announced that it has added support for the new AWS Lambda Web Functions which was released yesterday to streamline development of high-performing serverless web applications on AWS. Now with LocalStack for AWS, developers and AI agents can experiment with advanced serverless applications in a local development environment from the first day the feature is available on AWS. "Serverless appli

Texas Legends, Block Party Energy, and One Big Ribbon: Ally Medical ER Frisco Makes It Official

Neighbors, families, and community leaders joined Ally Medical ER for an evening of food, fun, and celebration at the city’s newest emergency room Ally Medical ER Frisco Ribbon Cutting Ceremony Medical Director Dr. Charles Close, Ally Medical ER team members, Texas Legends players and cheerleaders, and representatives from the Frisco Chamber of Commerce cut the ribbon at the Ally Medical ER Frisco official grand opening celebration. FRISCO, Texas, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Ally Medical E

33rd Global Family Office Investment Summit to Bring International Investors and Family Offices to Miami October 15-16

Anthony Ritossa-Hosted Summit to Explore Private Capital, Artificial Intelligence, Alternative Investments and Emerging Opportunities Miami, FL, USA, Oct. 13, 2026 (GLOBE NEWSWIRE) -- The 33rd Edition Global Family Office Investment Summit will convene international family office leaders, private investors and entrepreneurs in Miami October 15-16, 2026, for discussions on emerging investment opportunities, global capital flows and the growing influence of private wealth in financing businesses a

Results of additional issuance - RIKB 29 0416 - RIKB 38 0215

As stated in paragraph 6 in General Terms of Auction for Treasury bonds, the Government Debt Management offered the equivalent of 10% of the nominal value sold in the auction 9. October, at the price of accepted bids. SeriesRIKB 29 0416RIKB 38 0215ISINIS0000039121IS0000037265Additional issuance (nominal)1,941,000,000826,000,000Settlement date10/14/202610/14/2026Total outstanding (nominal)66,950,000,000102,615,700,000

B2PRIME Expands Tier-1 Access and Liquidity Architecture for Sophisticated Institutional Flow

LIMASSOL, Cyprus, Oct. 13, 2026 (GLOBE NEWSWIRE) -- B2PRIME Group, a global financial services provider for institutional and professional clients, has announced a material expansion of its institutional liquidity architecture. Following two years of strong growth, product development and investment in institutional infrastructure, B2PRIME has secured an additional line with its Tier-1 prime broker, expanded its relationships with Tier-1 banks and global financial institutions, and increased its

Crypto News: Pepeto Announces Its Finished DeFi Toolkit as the Bitcoin Price Prediction Climbs to $500,000 and the Search for the Next Dogecoin Begins

DUBAI, United Arab Emirates, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Pepeto has announced that its DeFi toolkit is finished, every piece of it, and the crypto news has talked about little else since. Each presale stage now sells out in hours. The community adds new members faster than projects that spend ten times as much on marketing. And blockchain data just showed the best part: wallets that bought Dogecoin early, before it multiplied 365 times and created seven-figure winners, keep buying more Pep