Philippines Business News

The Countdown Is On: WhipNash Hummer EV Giveaway Charges Toward August 31 Finale

Eligible entrants still have time to build their entry totals for a prize package featuring a 2025 Hummer EV 3X Pickup, a VIP trip to Nashville and $20,000. Nashville, TN, Aug. 15, 2026 (GLOBE NEWSWIRE) -- WhipNash has entered the final weeks of its Made in America Giveaway #1, giving eligible participants until 11:59:59 p.m. CDT on August 31, 2026, to submit entries for a grand prize package valued at approximately $130,000. The package includes a 2025 GMC Hummer EV 3X Pickup, a VIP trip to Nas

SoonLab Launches SoonLab 2.0, Bringing More Intelligent AI Agents to Game Creation

The new model expands natural-language game creation beyond 2D to playable 3D games, confirms creative requirements through conversation before it builds, and iterates with creators - making it easier to turn an idea into a game that feels the way you imagined. New York City, Aug. 15, 2026 (GLOBE NEWSWIRE) -- SoonLab, the AI-native platform for creating and sharing playable games, today announced SoonLab 2.0, its next-generation model for AI-powered game creation. SoonLab 2.0 expands game creati

Glitter Bug Gold Buyers Announces New Gold Seller Transparency Standard Across Orange County Locations

New companywide standard formalizes transparent precious metals testing, visible evaluations and no-obligation offers at Glitter Bug Gold Buyers locations in Laguna Hills and Anaheim Hills Laguna Hills, CA, Aug. 15, 2026 (GLOBE NEWSWIRE) -- Glitter Bug Gold Buyers, a family-owned precious metals buyer serving Orange County, today announced the launch of its new Gold Seller Transparency Standard, a companywide initiative establishing a consistent set of customer-facing practices for gold, silver

PLDT downs Akari to notch second straight PVL On Tour win

MANILA, Philippines — The PLDT High Speed Hitters continued their strong start to the 2026 Premier Volleyball League (PVL) On Tour, escaping the Akari Chargers in four sets, 25-14, 26-24, 21-25, 25-20, on Saturday at the Mindanao Civic Center (MCC) Gymnasium in Lanao del Norte. PLDT secured its second consecutive victory to improve to a 2-0 win-loss record, keeping pace with the league-leading ZUS Coffee Thunderbelles. Savi Davison spearheaded the High Speed Hitters with 22 points built on

LOOK: PLDT def. Akari (3-1)

PVL on Tour PLDT def. Akari, 3-1 Kath Arado Player of the Game #PVLOnTour

Teodoro accuses China of blackmail over arrest of Filipinos

Defense Secretary Gilberto Teodoro Jr. on Saturday accused China of using threats and “disinformation through avoidance” after Beijing defended the arrest of more than 100 undocumented Filipino workers in the country. Teodoro said the Chinese Foreign Ministry continued to evade key questions surrounding the arrests, including whether the Filipinos were involved in illegal activities and whether Chinese embassy officials had intervened in Philippine law enforcement operations. “

9 Pinoy seafarers from Rostrum Optima return home

The Department of Migrant Workers (DMW) on Saturday announced the return of nine Filipino seafarers that were aboard the Liberian-flagged bulk carrier M/V Rostrum Optima. In a statement on Saturday, the DMW said the Filipinos arrived at Terminal 3 of the Ninoy Aquino International Airport (NAIA) through Turkish Airlines Flight TK084, which came from Istanbul, Turkey. The M/V Rostrum Optima was hit by a drone strike while at the Port of Taman in Russia. Upon reaching Istanbul, DMW Secretary Hans

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DITO bestows inaugural BizBayani Awards to 5 outstanding MSMEs

DITO Telecommunity Corp. honored five outstanding Filipino entrepreneurs at the inaugural Dito BizBayani Awards Night held at the Manila Marriott Hotel in Newport World Resorts, on Aug. 12, 2026. This was Dito’s first nationwide search for the most inspiring micro, small, and medium enterprises (MSMEs) in partnership with the Department of Trade and Industry (DTI), the Philippine Chamber of Commerce and Industry (PCCI), GCash, Jobstreet by SEEK Philippines, the Philippine Council for Small

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V of BTS opens up about two-and-a-half-year struggle with hearing loss

MANILA, Philippines — BTS member Kim Taehyung, popularly known as V, has opened up about a hearing problem he said he had been dealing with for around two and a half years. V shared the revelation during a Weverse livestream with fellow BTS member Jungkook earlier this week, giving fans details about the condition for the first time. According to V, his hearing has deteriorated over the past two and a half years, with one ear significantly weaker than the other. “If one ear is at abo

New Xteink X3 eReader Launch Offers a Distraction-Free Solution for All Book Lovers

New eReader delivers immersive solutions for bibliophiles on trains, during commutes, at the beach, or curled up on the couch with the ultra-light Xteink X3 NEW YORK, Aug. 15, 2026 (GLOBE NEWSWIRE) -- Millions of people love to read. Being able to pick up a book and fall into a story of unrequited love or fantasy realms is a wonderful break from the hustle and bustle of daily living. The trouble is, not everyone can fit a library of books in their backpack. That is, until products like the lates

Bong Go backs Revised Philippine Coast Guard Law, pushes stronger maritime security and better pay for personnel

SENATOR Christopher “Bong” Go expressed his support for the proposed Revised Philippine Coast Guard (PCG) Law as Senate Bill 2116 was approved on third and final reading during the Senate plenary session on Tuesday, Aug. 11, 2026. Go, who co-authored the measure, underscored the vital role of the PCG in protecting the country’s maritime territory and supporting Filipino communities whose livelihoods depend on the sea. “The Philippines is composed of over 7,100 islands, wi

CATL and Quinbrook Build on Supernode Partnership Following Stage 2 and Stage 3 Major Milestones

BRISBANE, Australia, Aug. 15, 2026 /PRNewswire/ -- Quinbrook's Supernode battery energy storage project has completed Stage 2 commercial operation and reached financial close on A$469 million financing for Stage 3, marking a further milestone in the phased development of Australia's largest operational BESS campus. With planned capacity expected to exceed 3 GWh, Supernode is supported by CATL as its core energy storage system supplier for all three stages, providing advanced storage solutions an

NHMFC extends payment relief to over 20,000 typhoon-affected housing loan borrowers

MORE than 20,000 housing loan borrowers of the National Home Mortgage Finance Corporation (NHMFC) will benefit from a one-month moratorium on the payment of their monthly amortizations effective Aug. 5, 2026 to Sept. 4, 2026, following the continuous heavy rainfall brought by tropical storm Maymay and the enhanced southwest monsoon. The moratorium forms part of NHMFC’s continuing efforts to provide immediate financial relief to borrowers affected by calamities and severe weather conditions

Lingnan University rises 300 places in the 2026 ShanghaiRanking's Academic Ranking of World Universities Achieves biggest improvement and ranks 6th among Hong Kong SAR's eight UGC-funded universities

HONG KONG, Aug. 15, 2026 /PRNewswire/ -- A spokesperson for Lingnan University welcomed the results of the 2026 ShanghaiRanking's Academic Ranking of World Universities (ARWU). Lingnan rose significantly from the 901st to 1,000th band globally last year to the 601st to 700th band this year, representing an advancement of 300 places and the biggest rise among Hong Kong SAR's eight UGC-funded universities.The university has also risen to joint 6th place within this group. The encouraging improveme

Disney unveils star-studded lineup at ‘D23’ fan event

MANILA, Philippines — Disney gave fans a glimpse of what is coming to theaters and streaming platforms at the Disney Entertainment Showcase at “D23: The Ultimate Disney Fan Event.” It unveiled new footage, cast announcements and updates for major titles from Disney, Pixar, Marvel and Lucasfilm. The showcase, held Friday (Saturday in Manila) at the Honda Center in Anaheim, California, brought together stars and filmmakers for a presentation packed with previews of theatrical rel

K-Logistikus expansion brings faster, smarter logistics solutions to Bicol region

BUSINESSES today require agile and dependable logistics to keep pace with evolving market demands. Reinforcing its commitment to demand-driven logistics, K-Logistikus Philippines has expanded its nationwide footprint with the opening of its new Bicol Crossdock Hub in Tabaco City, Albay. The new facility strengthens distribution capabilities across the Bicol region by improving regional connectivity, accelerating the movement of goods and helping businesses respond more effectively to changing cu

VinSpace books SpaceX ride as Vietnam’s private space industry moves toward orbit

Vietnam's newest space company has secured a ride to orbit. VinSpace, the aerospace company established by Vietnamese conglomerate Vingroup, has signed an agreement with SpaceX to send its satellites into orbit on a Transporter rideshare mission in 2027. The company announced the contract Aug. 11, marking a rapid progression from its creation less than a year ago to preparations for an orbital mission. The agreement is significant less because SpaceX is launching another small-satellite payload

Cebuana Lhuillier Insurance Brokers wins Insurance Asia’s Domestic Broker of the Year for 5th straight year

MAKING insurance more accessible has never been simply about expanding reach. It is about creating solutions that respond to the realities of everyday life, empowering more Filipinos to protect what matters most. Guided by this commitment, Cebuana Lhuillier Insurance Brokers (CLIB) continues to raise the standard for inclusive insurance, earning its fifth consecutive Domestic Broker of the Year-Philippines recognition at the Insurance Asia Awards 2026. Presented annually, the Insurance Asia Awar

Selena Gomez sued for alleged fraud over mental health start-up

LOS ANGELES — Singer and actor Selena Gomez was sued on Thursday by investors who say the "Only Murders in the Building" star committed fraud by failing to fulfill duties to build and promote her mental health start-up. The plaintiffs invested nearly $1.2 million in Wondermind Global, which was launched in 2021 to help users strengthen their "mental fitness," according to the lawsuit filed in federal court in Delaware. Investors said they were told Gomez, one of the biggest celebrities on

Flores earthquake exposes the hazard of Indonesia’s unusual backthrust

The magnitude 7.7 earthquake that struck off Indonesia’s Flores Island early Saturday was generated by an unusual fault system that has produced destructive earthquakes and tsunamis in the past, according to a rapid analysis by earthquake researchers Kyle Bradley and Judith Hubbard. The earthquake struck at 5:58 a.m. local time at a depth of about 10 kilometers, according to the U.S. Geological Survey. Its epicenter was about 68 kilometers north-northwest of Ende in East Nusa Tenggara prov