Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
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707 Cayman Holdings Limited Announces Signing of Term Sheet to Acquire Crucial Innovation Inc., Supported by US$10.25 Million Financing Led by GeoNova Holdings
HONG KONG, Aug. 25, 2026 (GLOBE NEWSWIRE) -- 707 Cayman Holdings Limited (Nasdaq: JEM) ("707" or the "Company"), a Hong Kong-based company that sells quality apparel products and provides supply chain management solutions, today announced that it has entered into a non-binding Term Sheet to acquire Crucial Innovation Inc. ("CINV"), an integrated pharmaceutical botanical therapeutics company. The proposed transaction remains subject to customary closing conditions, including satisfactory due dili
Read more →Percipience Names Stephen W. Mitchell Senior Vice President of Sales
Insurtech revenue leader joins the award-winning data and analytics provider to drive growth across carriers, MGAs, program business, and the London market. NEW ORLEANS, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Percipience, an award-winning insurtech data and analytics software provider, today named Stephen W. Mitchell, CPCU, senior vice president of sales. Mitchell joins as Percipience accelerates its growth strategy across carriers, managing general agents (MGAs), and the London Market. He will lead
Read more →Neurologists Interested in Cell Therapy in Neuro-Immune Diseases, but Safety and Logistics Will Shape Adoption, According to Spherix Global Insights
New research finds neurologists anticipate meaningful durable remission in neuro-immune disease, while long-term safety, patient selection, and treatment logistics remain central to future uptake. Exton, PA, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Cell therapy is emerging as a potentially important new treatment approach across neuro-immune diseases, with chimeric antigen receptor T (CAR T) cell therapy programs advancing in generalized myasthenia gravis (gMG), multiple sclerosis (MS), chronic inflamm
Read more →Latham Named One of "America’s Greatest Companies” By Newsweek for Second Consecutive Year
Recognition Highlights Pool Industry Leader’s Continued Commitment to Innovation, Sustainability and Employee Experience Newsweek's America's Greatest Companies Latham ranked one of America's Greatest Companies by Newsweek LATHAM, N.Y., Aug. 25, 2026 (GLOBE NEWSWIRE) -- Latham, The Pool Company [NASDAQ:SWIM], the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand, has been named to Newsweek’s list of America’s Greatest
Read more →cloro Crosses 250 Paying Customers as SEO Platforms Adopt Its API for AI Search Data
Ten months after launch, the AI search data provider says teams are building visibility tools on its unified API rather than integrating each engine directly Valletta, Malta, August 25, 2026 -- cloro, an API that returns structured data from AI search engines and web search results, has passed 250 paying customers in under ten months of operation. The milestone puts the company, operated by Cloro Incorporation Ltd., in the infrastructure position beneath a market it does not compete in directly,
Read more →AkiyaHub Certifies Its First Home Stewards for Non‑Resident Homeowners in Japan
Certified Japanese companies provide a single local contact to oversee utilities, mail, and scheduled home checks for homes in Japan that sit empty between visits. Tokyo, Japan, August 25, 2026 -- AkiyaHub has certified the first group of Japanese companies under its Home Stewardship standard, giving people who own a home in Japan but live elsewhere a single local company that can get the home operational, manage ongoing needs, and make sure it is cared for while they are away. Japan counted a r
Read more →Historic Miami Dade County Courthouse Auction Shows Strong Investor Interest as Final Week Approaches
Several qualified parties engage in process with tours conducted as auction nears conclusion MIAMI, Aug. 25, 2026 (GLOBE NEWSWIRE) -- The public online auction for the Miami Dade County Courthouse, hosted on GovDeals, the leading online marketplace for government agencies and educational institutions to sell surplus assets, closes this week on August 28 at 5 p.m. ET. As the auction enters its final days, the courthouse has drawn strong market engagement for this once-in-a-generation redevelopmen
Read more →Overseas session of 2026 CIFTIS held in Kristiansund, Norway
2026 China International Fair for Trade in Services KRISTIANSUND, Norway, Aug. 26, 2026 (GLOBE NEWSWIRE) -- An overseas session of the 2026 China International Fair for Trade in Services (CIFTIS) and Kristiansund Open Day were held Friday in the coastal city of Kristiansund in western Norway. Chinese and Norwegian officials and business representatives attended the event, as Norway is stepping up preparations for its participation as the guest country of honor at the 2026 CIFTIS, according to a
Read more →Form 8.3 - Brave Bison Group Plc
Downing LLP LEI: 213800G3X76VBG9SB504 25 August 2026 Form 8.3 re. Brave Bison Group Plc PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code”) 1. KEY INFORMATION (a) Full name of discloser:Downing LLP(b) Owner or controller of interests and short positions disclosed, if different from 1(a):Client funds managed by Downing LLP(c) Name of offeror/offeree in relation to whose relevant
Read more →DP World’s Port of Callao Becomes Latin America's First Terminal to Offer Shore Power
The system will supply vessels with 100% renewable electricity and avoid more than 6,300 tonnes of CO₂e annually DP World Inaugurates Shore Power at the Port of Callao The President of Peru, the Minister of Transport and Communications of Peru, Peruvian Port Authority representative, and members of DP World’s local and global leadership teams mark the inauguration of Latin America’s first shore power system at the Port of Callao. DP World Shore Power System at the Port of Callao DP World’s new s
Read more →Estate Probate attorney Nicholas Abaza Recovers $1.2 Million property in Landmark Deed Fraud Case
Estate, Highlighting Growing Concerns of Deed Fraud - Nick Abaza Law HOUSTON, Aug. 25, 2026 (GLOBE NEWSWIRE) -- In a major legal victory, estate attorney Nicholas Abaza with his co-counsel has successfully recovered $1.2 million property for an estate defrauded by deed fraud scammers. The case involved the theft of a deceased homeowner's property by a group of scammers who manipulated deed records and utilized questionable LLCs to create a façade of legitimacy. Nicholas Abaza and his co-counsel
Read more →2026 CIFTIS opens for media registration
2026 China International Fair for Trade in Services BEIJING, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Media registration for the 2026 China International Fair for Trade in Services (CIFTIS) is open from Aug. 10 to 26. Journalists can register online at the official website https:// www.ciftis.org/ by clicking "Join the Fair" and then selecting "Media Registration." The 2026 CIFTIS will be held from Sept. 9 to 13 in Beijing. Information on when and how to pick up the media pass will be released in the "
Read more →DND seeks more bases and storage facilities to support AFP modernization
THE Armed Forces of the Philippines (AFP) needs more bases, storage facilities and other infrastructure to support modern military equipment, Defense Secretary Gilberto “Gibo” C. Teodoro, Jr. said, warning that years of limited capital spending have left the military “equipment heavy but not support heavy.” “The equipment we use is just the tip of the […]
Read more →DoJ recommends charges against police officer in Tacloban school shooting
THE Department of Justice (DoJ) has recommended criminal charges against a police officer whose government-issued firearm was allegedly used by a child in a June school shooting in Tacloban City that killed three students and injured at least 20 others. The Tacloban City prosecutor’s office recommended charges of reckless imprudence resulting in multiple homicide and […]
Read more →Marcos eyes factory upgrades to support EV production
PRESIDENT Ferdinand R. Marcos, Jr. said the government is assessing local vehicle manufacturing facilities for upgrades needed to support domestic electric vehicle (EV) production under the Electric Vehicle Incentive Strategy (EVIS). “We are looking at the facilities, what is already here, what is still lacking and what needs to be supported by DoST (Department of […]
Read more →St. Luke’s sets 53 beds for No Balance Billing
ST. LUKE’S Medical Center-Global City has allocated 53 beds for Philippine Health Insurance Corp. (PhilHealth) members covered by the government’s No Balance Billing program, expanding access to specialized treatment at a private hospital. The state-owned health insurer and St. Luke’s signed a memorandum of agreement on Tuesday to boost the implementation of the government’s No […]
Read more →Palace open to limiting social media
MALACAÑANG on Tuesday said it is open to considering restrictions on social media platforms that fail to respond promptly to government requests involving violent content and disinformation. Palace Press Officer Clarissa A. Castro made the statement after the Cybercrime Investigation and Coordinating Center said it is considering recommending a ban on Facebook following the deadly […]
Read more →VP staff admits P125M used in 11 days
THE Office of the Vice-President (OVP) spent P125 million in confidential funds within 11 days, OVP Assistant Chief of Staff Lemuel G. Ortonio confirmed on Tuesday, even as he admitted having no information about threats to VP Sara Duterte-Carpio. Mr. Ortonio, the prosecution’s second hostile witness, said he did not hear of any security threats […]
Read more →Vape tax system issues raised
A LAWMAKER on Tuesday flagged the two-tier tax system imposed on vape and other alternative nicotine products and its weak enforcement as major challenges in curbing illicit trade, saying tax rates alone cannot solve the problem. Marikina Rep. Romero “Miro” S. Quimbo, who chairs the House Committee on Ways and Means, raised concerns over the […]
Read more →Ombudsman exceeds 2025 conviction
THE Office of the Ombudsman’s conviction rate before the Sandiganbayan rose to 65.52% as of June 30, exceeding the 42% rate recorded in 2025, as it amended rules to speed up case proceedings. Assistant Ombudsman Luis Gonzaga S. Bonoan, Jr. disclosed the figures on Tuesday at a House of Representatives Appropriations Committee hearing on the […]
Read more →Lawmaker flags zero capital outlay for CoA 2027 budget
A LAWMAKER on Tuesday questioned the zero allocation for the Commission on Audit’s (CoA) capital outlay under the proposed 2027 national budget, saying the lack of funding for technology could weaken the agency’s efforts to combat corruption. Party-list Rep. Percival “Perci” P. Cendaña raised the concern during the House Appropriations Committee budget hearing, pointing out […]
Read more →House passes stronger workplace safety bill on second reading
THE House of Representatives on Tuesday approved on second reading a measure seeking to strengthen workplace safety standards and hold employers accountable for willful or grossly negligent violations that result in serious injury or death. In a statement, Cavite Rep. Ramon “Jolo” B. Revilla III said House Bill No. 10559 seeks to strengthen the country’s […]
Read more →SC limits Flying Risk Pay to flight-related personnel
THE Supreme Court (SC) has ruled that Flying Risk Pay (FRP) may only be granted to personnel whose regular duties involved or are directly connected with aerial and flight operations. The SC en banc in a Jan. 21 decision upheld with modification the Commission on Audit’s (CoA) disallowance of P323,579.50 in FRP paid to Civil […]
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