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Philippines Business News

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

1179 articles from Manila Times Business

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Manila Times Business

Balletcenter Cebu celebrates 75 years of dance with anniversary spectacular

BALLETCENTER Cebu, one of the Philippines’ longest-running dance institutions, is marking a historic milestone with “Balletcenter Spectacular: 75 Years of Dance,” a grand anniversary production at CenterStage, SM Seaside City Cebu, on June 27 and 28, 2026. Founded in 1951, Balletcenter Cebu has nurtured generations of dancers and artists for 75 years, becoming a cornerstone of dance education and the performing arts in Cebu. Over the decades, thousands of students have trained

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Manila Times Business

Yeahka's Chuangxinzhong Tops ByteDance's Jichuang 2.0 Agency Rankings, Signaling Acceleration of AI Content Production

HONG KONG, June 27, 2026 /PRNewswire/ -- Chuangxinzhong, a precision marketing subsidiary of Yeahka (9923.HK), has become the top-ranked partner by model consumption among all agency-tier partners of ByteDance's Jichuang 2.0 model. According to Chuangxinzhong personnel, the company has deployed AI agents to automate manual processes since May, driving a 116% year-on-year increase in model usage. Meanwhile, its AI content production capacity rose by 33%, enabling the company to generate 30 to 40

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Manila Times Business

Eala, Bartunkova take on Ostapenko, Kenin in Wimbledon doubles opener

MANILA, Philippines — Renewing their doubles partnership, Filipino netter Alex Eala and Czech Nikola Bartunkova will face the lethal Latvian-American duo of Jelena Ostapenko and Sofia Kenin in the first round (round of 64) at the Wimbledon Championships. The tournament draw on Friday revealed the match which is set on July 2 in London, England. Eala and Bartunkova first teamed up at the Birmingham Open, where they fell to local bets Harriet Dart and Maia Lumsden, 4-6, 6-2, 9-11, on June 1,

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Manila Times Business

Cone upbeat as Gilas begins friendly vs Jets on Sunday

MANILA, Philippines — Coach Tim Cone is upbeat as Gilas Pilipinas leaves for Wellington to start the first of its two friendly games as part of its preparations for the FIBA World Cup 2027 Asian Qualifiers next week. The American coach liked what he saw as Gilas players spent twice-a-day practice sessions, while building team chemistry with the new additions in Mike Phillips and Justine Baltazar. “Everything has been really good here in our Brisbane camp. We've been doing two-day pra

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Manila Times Business

Organon marks 5 years of advancing health through medicines, solutions, partnerships

FIVE years after launching as a global healthcare company committed to delivering impactful medicines and solutions for a healthier every day, Organon is marking a milestone defined not simply by years passed, but by its efforts to expand healthcare access, advance education, and strengthen partnerships across communities. “At the heart of Organon is a simple but powerful belief: that women’s health deserves greater attention, investment and action,” Organon Philippines Country

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Manila Times Business

Joy Barcoma bids farewell as Miss Philippines Earth without final walk

MANILA, Philippines — Miss Philippines Earth 2025 Joy Barcoma announced Saturday that she will not attend the Miss Philippines Earth 2026 coronation in Bukidnon, confirming she will miss the traditional farewell walk and turnover of her crown. In a valedictory message posted on Facebook, Barcoma confirmed she would not be present at the coronation night at the Malitbog Cultural Center in Malitbog, Bukidnon, where 32 candidates are vying to succeed her. "As my reign comes to a close, I choo

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Manila Times Business

Upper Deck Announces Exclusive Autograph Trading Card Deal with 2026 NHL First Overall Pick Gavin Mckenna

Fans can look forward to McKenna’s first NHL cards and autographs, including iconic Young Guns, from the collectibles leader CARLSBAD, Calif., June 26, 2026 (GLOBE NEWSWIRE) -- Upper Deck, the worldwide leader in sports and entertainment collectibles, is proud to welcome Gavin McKenna, the first overall pick in the 2026 Upper Deck NHL Draft, to its roster. As part of the deal, Upper Deck will be the sole producer of McKenna’s NHL autographed trading cards - holding the rights to use McKenna’s na

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Manila Times Business

US strikes Iran sites after cargo ship attack

WASHINGTON, D.C. — US forces struck Iranian missile and drone storage sites and coastal radar positions Friday after Washington accused Tehran of attacking a cargo ship, jolting a fragile ceasefire as diplomats struggled to contain the Middle East war. US Central Command said the strikes were a response to "unwarranted aggression against commercial shipping by Iranian forces" that "clearly violated the ceasefire." It described the operation as "a powerful response to yesterday's attack on

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Manila Times Business

Eagle Vision Security Announces Texas Expansion to Support Growing Demand for Intelligent Security Solutions

Mississauga, Ontario, June 26, 2026 (GLOBE NEWSWIRE) -- Eagle Vision Security, the North American leaders in live, interactive video monitoring solutions, has made a strategic decision to expand its operations to the state of Texas. With this development, the company is positioned to extend our comprehensive Truck Yard Security, Warehouse Monitoring, and live interactive video monitoring services to logistics centers across Texas, helping businesses enhance security, reduce risk, and improve ope

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Manila Times Business

City Style Hair Design Barbers Announces Relocation from Pitt Street to Kent Street After 20 Years in Sydney CBD

The Sydney CBD barbershop has moved to 1B/456 Kent St while continuing its longstanding walk-in service model, with bookings also available for clients who prefer to reserve a time. Sydney, NSW, June 26, 2026 (GLOBE NEWSWIRE) -- City Style Hair Design Barbers today announced the relocation of its Sydney CBD barbershop from 303 Pitt Street to 1B/456 Kent St after 20 years at its previous location. Operating as a walk-in barbershop since 2006, the business continues to welcome clients without appo

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Manila Times Business

International Co-production Documentary Life Pulse of Yangtze Gains Popularity Overseas

CHONGQING, China, June 27, 2026 /PRNewswire/ -- Life Pulse of Yangtze, an international co-production by Jiangsu Broadcasting Corporation, Chongqing Broadcasting Group, and A+E Networks, is set to air on History Channel Japan on June 28. Focusing on the stories of life along the Yangtze River and conveying the concept of harmonious coexistence between humanity and nature, the documentary aims to provide the world with a deeper understanding of the vivid practices and remarkable achievements in e

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Manila Times Business

XMax Announces Up to Approximately US$25 million in AI API-Related Service Contracts and Expansion into GPU-as-a-Service

LOS ANGELES, June 26, 2026 (GLOBE NEWSWIRE) -- XMax Inc. (Nasdaq: XMAX) ("XMax" or the "Company") today announced a significant commercial milestone in its artificial intelligence business, reporting that since launching its AI platform initiative, the Company has executed multiple AI model API service agreements with an aggregate contractual value of up to approximately US$25 million, subject to actual service usage and consumption levels. The executed agreements cover enterprise AI model API s

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Manila Times Business

3 robbery suspects wounded in Bulacan NLEX encounter

Camp Olivas, City of San Fernando, Pampanga – Three suspected members of a robbery group were wounded following an armed encounter with the police during a hot pursuit operation at the southbound toll plaza of North Luzon Expressway, Barangay Turo, Bocaue, Bulacan on June 26, 2026. Bulacan Police Provincial Office (PPO) director Col. Jay Baybayan, in his report to Police Regional Office 3 (PRO-3) director Jess Mendez, identified the wounded suspects as Jonathan Perez, 33 years old, of Mont

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Manila Times Business

Cartesian Growth Corporation IV Announces Closing of $275 Million Initial Public Offering

New York, NY, June 26, 2026 (GLOBE NEWSWIRE) -- Cartesian Growth Corporation IV (the "Company”) announced today the closing of its initial public offering of 27,500,000 units, including 2,500,000 units pursuant to the partial exercise of the underwriters’ over-allotment option. The offering was priced at $10.00 per unit, generating total gross proceeds of $275,000,000. The Company’s sponsor is an affiliate of Cartesian Capital Group, LLC, a global private equity firm specializing in providing gr

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Manila Times Business

Appili Therapeutics Reports Fiscal Year 2026 Financial and Operational Results

LIKMEZ® (ATI-1501) commercial momentum building in U.S. market US$40 million NIAID award supporting VXV-01 advancement through Phase 1 HALIFAX, Nova Scotia, June 26, 2026 (GLOBE NEWSWIRE) -- Appili Therapeutics Inc. (TSX:APLI; OTCPink: APLIF) (the "Company” or "Appili”), a biopharmaceutical company focused on drug development for infectious diseases and medical countermeasures, today announced its financial and operational results for the fiscal year ended March 31, 2026 ("FYE 2026”), and provid

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Manila Times Business

21shares Announces Distributions on TETH, TSOL, THYP, TSUI and TDOT

NEW YORK, June 26, 2026 (GLOBE NEWSWIRE) -- 21shares, one of the world’s largest issuers of cryptocurrency exchange traded products (ETPs), today announced the following shareholder distributions for the 21shares Ethereum ETF (TETH), 21shares Solana ETF (TSOL), 21shares Hyperliquid ETF (THYP), 21shares Sui ETF (TSUI), and 21shares Polkadot ETF (TDOT). Distributions consist of staking rewards earned from staked ETH, SOL, HYPE, SUI, and DOT tokens by each fund, respectively. TickerNameDistribution

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Manila Times Business

EAN Congress: Hearing aid use linked to 23% lower dementia risk in people with both epilepsy and hearing loss

GENEVA, June 27, 2026 /PRNewswire/ -- Adults with both epilepsy and hearing loss who use hearing aids may have a 23% lower risk of developing dementia than those who do not, according to new research presented at the European Academy of Neurology (EAN) Congress 2026. Hearing loss is widely recognised as the largest modifiable risk factor for dementia. Yet whether hearing aids can reduce dementia risk remains debated. To explore this, researchers from University Hospital Zurich and the University

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Manila Times Business

PrivacyHawk Launches Enterprise Service to Reduce Shadow Digital Footprint and Third-Party Breach Risk

New product gives organizations full visibility into employees' hidden digital footprint and automates data deletion across thousands of external services LOS ANGELES, June 26, 2026 (GLOBE NEWSWIRE) -- PrivacyHawk, the transparency-first data privacy company, today announced the general availability of PrivacyHawk Enterprise - a first-of-its-kind solution that identifies and eliminates the shadow IT accounts, abandoned SaaS subscriptions, and forgotten third-party services quietly exposing organ

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Manila Times Business

Euro Sun Mining Inc. Announces 2026 AGM Voting Results

TORONTO, June 26, 2026 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc. (TSX: ESM) ("Euro Sun” or the "Company”) is pleased to provide the voting results from its 2026 annual general meeting of shareholders in accordance with the policies of the Toronto Stock Exchange. The Company announces that the nominees listed in the management information circular dated May 13, 2026 (the "Circular”) for the 2026 annual general meeting of shareholders of the Company (the "Meeting”) were elected as directors of the

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Manila Times Business

General Shopping Announces Commencement of Exchange Offer

São Paulo, Brazil, June 26, 2026 (GLOBE NEWSWIRE) -- General Shopping e Outlets do Brasil S.A. (the "Company”) (B3: GSHP3) today announces that its subsidiary General Shopping Investments Limited ("GS Investments” or the "Issuer”) has commenced an exchange offer (the "Exchange Offer”) in respect of any and all of its 10%/12% Regulation S Senior Secured PIK Toggle Notes due 2026 (the "Reg S Notes”). Pursuant to the Exchange Offer, the Issuer is offering to Eligible Holders (as defined below) of t

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Manila Times Business

Direxion to Split Nine ETFs

Image inside the text 1 Direxion Image inside the text 2 Direxion Image inside the text 3 Direxion Image inside the text 4 Direxion Image inside the text 5 Direxion New York, United States, June 26, 2026 (GLOBE NEWSWIRE) -- Direxion to Split Nine ETFs New York, United States, June 26th, 2026, NewsDirect Corrected CUSIPs for TECS and SOXS Direxion announced on June 10, 2026 it will execute forward share splits for two of its exchange-traded funds ("ETFs”), as well as reverse share splits for an a

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Manila Times Business

Ionic Digital Completes $400 Million Equity Private Placement

Transaction Bolsters Institutional Investor Base and Provides New Capital for Growth Opportunities WASHINGTON, June 26, 2026 (GLOBE NEWSWIRE) -- Ionic Digital Inc. ("Ionic Digital” or the "Company”), a digital infrastructure company supporting the expanding needs of AI and high-performance computing (HPC), today announced that it has raised a $400 million investment round led by new investors Attestor, Oaktree Capital Management, and Sachem Head Capital Management, with participation from Citade

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Manila Times Business

Premium Income Corporation Announces Semi-Annual Results

TORONTO, June 26, 2026 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation (the "Fund”) announces results of operations for the six months ended April 30, 2026. Increase in net assets attributable to holders of Class A shares amounted to $69.8 million or $3.91 per Class A share. Net assets attributable to holders of Class A shares as at April 30, 2026 were $229.4 million or $12.39 per Class A share ($11.26 per Class A share after giving effect to the May 2026 Share Split). Cash

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Manila Times Business

dLocal added to membership of US small-cap Russell 2000® Index

MONTEVIDEO, Uruguay, June 26, 2026 (GLOBE NEWSWIRE) -- DLocal Limited ("dLocal”, "we”, "us”, and "our”) (NASDAQ:DLO), a leading cross-border financial infrastructure platform connecting global merchants to emerging markets, today announced that the Company was added as a member of the US small-cap Russell 2000® Index, effective when the US market opens on June 29 as part of the 2026 Russell indexes reconstitution. Membership in the Russell 2000® Index is based on membership in the broad-market R

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