Manila Times Business
🇵🇭 Local Market Intelligence
Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
4077 articles from Manila Times Business
All sourcesBusinessWorldBusinessWorld BankingBusinessWorld EconomyInvesting.com PHManila Times BusinessPhilStar BusinessRappler Business
Manila Times Business
The First Year of World Models: When AI's Supply-Side Revolution Moves from Generation to Understanding the Physical World
BEIJING, Aug. 14, 2026 /PRNewswire/ -- Over the past two years, the core proposition of the AI industry has been "generation" - generating text, images, video, and music. But on July 19, 2026, at the World Artificial Intelligence Conference (WAIC), Fang Han, Chairman and CEO of Kunlun Tech (Parent company of Skywork AI), formally declared 2026 as "the first year of world models," marking a pivotal transition in which AI evolves from content generation toward understanding and interacting with th
Read more →Manila Times Business
China advances global AI governance in a comprehensive manner
BEIJING, Aug. 14, 2026 /PRNewswire/ -- A report from People's Daily. A recent commentary in The New York Times compared the development of advanced AI models to two distinct paths: "nuclear weapons" and "nuclear energy." The former emphasizes destructive potential and calls for strict control, while the latter highlights manageable risks and advocates openness and sharing. These contrasting approaches reflect a fundamental question: Is AI a strategic tool for monopoly and competition, or a publi
Read more →Manila Times Business
160X8.0 Series Launch 21st August -- Breakthrough GT1200 Carbon Plate Powers Xtep's 160X 8.0 Ultra
XIAMEN, China, Aug. 14, 2026 /PRNewswire/ -- Xtep, China's leading professional sportswear brand, will globally launch its all-new flagship marathon running shoe series, the 160X 8.0, on August 21. The top-tier 160X 8.0 Ultra will feature the brand-new GT1200 premium carbon plate. This first-ever application of high-grade carbon fiber technology in performance footwear underscores Xtep's unwavering commitment to advancing core running shoe innovation and continuously elevating racing equipment s
Read more →Manila Times Business
Pharma Equity Group consolidated Interim Report 1 January - 30 June 2026
Consolidated Interim Report 1 January - 30 June 2026 14 August 2025 Announcement no. 9 On 14 August 2026, the Board of Directors and the Executive Board of Pharma Equity Group A/S ("PEG", "The Company" or the "Group") considered and approved the interim report for the Group for the period 1 January - 30 June 2026 ("H1 2026 report"), which can be summarized as follows: The headlines for the period can be summarized as follows Reponex Pharmaceuticals A/S strengthened its patent position with a new
Read more →Manila Times Business
Curex Releases Largest Real-World Study Telemedicine Allergy Drops: High Adherence, Symptom Improvement
Curex Curex NEW YORK, USA, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Curex, a telemedicine provider of personalized sublingual immunotherapy, commonly known as allergy drops, today announced the publication of a major real-world study demonstrating sustained clinical benefits, high patient adherence, and a strong safety profile for its at-home treatment model. Published in Frontiers in Allergy, the retrospective longitudinal study followed 2,897 adults treated with personalized allergy drops delivered t
Read more →Manila Times Business
NOXCAT Outlines Consumer-First Vision for Web3 at Malaysia Blockchain Week 2026
KUALA LUMPUR, Malaysia, Aug. 14, 2026 (GLOBE NEWSWIRE) -- NOXCAT participated in Malaysia Blockchain Week 2026 (MYBW 2026), held on July 29-30 at the World Trade Centre Kuala Lumpur, joining builders, institutions, investors, infrastructure providers and Web3 communities from across Southeast Asia and the broader APAC market. As a Platinum Sponsor of MYBW 2026, NOXCAT used the event to present its evolving product vision and explore what the next generation of Web3 applications could look like a
Read more →Manila Times Business
Interim report for the period 1 January - 30 June 2026
The Board of Director of Tivoli A/S has adopted the interim report for the period 1 January - 30 June 2026 on 14 August 2026. Results for the period 1 January - 30 June 2026 in outline: A revenue of DKK of 470.3 million compared to DKK 445.0 million last year (+6%). An EBITDA of DKK -38.3 million compared to DKK -17.8 million last year. A profit before tax of DKK -100.9 million compared to DKK -76.1 million last year. 1,321,000 visitors compared to 1,325,000 last year. Tivoli delivered growth in
Read more →Manila Times Business
Zoomlion Mobilizes Emergency Equipment and Personnel for Colombia Earthquake Relief
BOGOTA, Colombia, Aug. 14, 2026 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion") has deployed excavators, skid steer loaders, cranes and relief supplies to support rescue efforts in the wake of the magnitude-7.5 earthquake that struck Colombia on August 10. Zoomlion Mobilizes Emergency Equipment and Personnel for Colombia Earthquake Relief The earthquake, which occurred at 7:34 a.m. local time in western Colombia, is the strongest to hit the country in decades.
Read more →Manila Times Business
Good vibes powering Djokovic return to Cincinnati
CINCINNATI, United States — Novak Djokovic brings a boatload of good memories into this edition of the ATP-WTA Cincinnati Masters, an event he has won three times. The 38-year-old Serbian is using the tournament as his only official tune-up for the August 30 start of the US Open, taking to the court for the first time since his Wimbledon semi-final against Jannik Sinner. On Thursday, Djokovic was surprised by a previously unnoticed fact: the then-teenager had played his first Masters 1000
Read more →Manila Times Business
Colorado Author Brandon W. Boyd Releases UNDOMESTICATED, a Field Guide for Men Navigating Identity and Personal Transformation
Colorado-based author, coach, and speaker Brandon W. Boyd announces the publication of UNDOMESTICATED: The Evolving Man's Field Guide to Reclaim the Wild Within, a personal development book for men experiencing identity disruption. The book is now available in paperback and Kindle through Amazon. Littleton, Colorado, August 14, 2026 /MarketersMEDIA/ -- Littleton, Colorado, August 3rd, 2026 -- Brandon W. Boyd, a coach, speaker, and self-publishing author based in Colorado, has released his debut
Read more →Manila Times Business
Porsche to end production of flagship electric car — report
FRANKFURT, Germany – Struggling German sports car maker Porsche plans to end production of the Taycan, its flagship fully electric model, by 2030 after steadily dwindling sales, a report said Thursday. The manufacturer announced last year a major rollback of its electric vehicle (EV) plans due to weaker-than-expected demand, adding to challenges that range from falling sales in China to penalising US tariffs. Launched in 2019, the Taycan was supposed to underscore the Stuttgart-based group
Read more →Manila Times Business
Michelin launches two new tire lines catering to gasoline, hybrid, and electric vehicles
Michelin has introduced the Primacy 5 Energy and Pilot Sport 5 Energy in Vietnam, combining performance, durability, and energy efficiency for a wide range of vehicles. HO CHI MINH CITY, Vietnam, Aug. 14, 2026 /PRNewswire/ -- Michelin has just unveiled two new tire lines: Primacy 5 Energy and Pilot Sport 5 Energy. The Primacy 5 Energy targets mass-market and family vehicles, while Pilot Sport 5 Energy is designed for high-performance cars. The company stated that these products were developed ag
Read more →Manila Times Business
EXLANTIX Becomes the First New‑Energy Sponsor of Pride of Poland, Bringing Modern Mobility Elegance to a Century-Old Stud Farm
JANÓW PODLASKI, Poland, Aug. 14, 2026 (GLOBE NEWSWIRE) -- From August 7 to 11, EXLANTIX, the new energy vehicle brand under EXEED, took part in the Arabian Horse Day in Janów Podlaski and the 57th Pride of Poland Auction as the exclusive automotive brand sponsor - the first time in the event's history that a new energy vehicle brand has assumed this role. Both the ES and ET models were displayed on site, with test drives available for guests. Through these hands-on product experiences, EXLANTIX
Read more →Manila Times Business
Correction to Company Announcement #47: Interim report - second quarter of 2026
Due to a technical error the attachment of the interim report was missing on Oslo Børs. It is hereby attached. --- Today, Schouw & Co. released its interim report for the second quarter of 2026; Schouw & Co. delivered a strong performance in Q2 2026, with higher activity levels, productivity improvements, and operational optimisation initiatives supporting significant earnings growth. Highlights DKK 9.0bn revenue - a 5% increaseDKK 828m EBITDA - a 17% increase47.3k tonnes Scope 1+2 CO2e emission
Read more →Manila Times Business
Envetec Appoints Patrick S. Jones as Independent Director
Senior Thermo Fisher Scientific executive brings nearly 30 years of healthcare and commercial leadership to support Envetec’s global expansion Patrick S. Jones Patrick S. Jones, President of Thermo Fisher Scientific’s Clinical Diagnostics Division and independent director of Envetec Sustainable Technologies BIRDHILL, Ireland, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Envetec Sustainable Technologies Limited (Envetec), a leading sustainability innovator in clean technology for healthcare and life science
Read more →Manila Times Business
Cambodia Government and Church Leaders Celebrate Opening of Phnom Penh Temple
PHNOM PENH, CAMBODIA - Media OutReach Newswire - 14 August 2026 - Cambodia officials and leaders of The Church of Jesus Christ of Latter-day Saints commemorated the completion of the Phnom Penh Cambodia Temple on Wednesday, 12 August 2026. A diverse group of government and interfaith leaders pose for a photo in front of the Phnom Penn Cambodia Temple on Wednesday, Aug. 12, 2026, during the temple's open house celebration, including Elder Gerrit W. Gong of the Quorum of the Twelve Apostles of The
Read more →Manila Times Business
Samsung Officially Launches Galaxy Z Fold8 Ultra, Fold8, Flip8, Watch Ultra2 and Watch9 in Australia
Galaxy Z Series and New Watches redefine foldable and wearable experiences, helping people explore, discover, and express their individuality SYDNEY, Aug. 14, 2026 /PRNewswire/ -- Samsung Electronics Co., Ltd. has announced that Galaxy Z Fold8, Galaxy Z Fold8 Ultra, Galaxy Z Flip8, Galaxy Watch9, and Galaxy Watch Ultra2 are now available in Australia. The local availability is live as Samsung Electronics Australia sets a new record - its most successful foldable pre-order to-date, with solid dou
Read more →Manila Times Business
LG to Unveil Its Next-Gen Humanoid Robot, Built on NVIDIA Isaac GR00T
LG and NVIDIA Collaboration Moves Beyond Strategic Blueprints into Execution SEOUL, South Korea, Aug. 14, 2026 /PRNewswire/ -- LG today announced they're developing a next-generation bipedal humanoid robot built using NVIDIA Isaac GR00T, NVIDIA's open reasoning humanoid foundation model, for a public unveiling in the first quarter of next year. LG Corp. Chairman and CEO Kwang Mo Koo (right) and NVIDIA founder and CEO Jensen Huang (left) shake hands at NVIDIA's headquarters in Santa Clara, Califo
Read more →Manila Times Business
SEMIFIVE Accelerates Growth with 97% YoY Revenue Surge in H1 2026, Powered by ASIC Turnkey, Mass Production, and IP
H1 bookings reach KRW 118.9 billion with revenue at KRW 94.7 billion, achieving 78% of full-year 2025 revenue in just six months Expanding ASIC turnkey bookings, accelerating mass production, and recurring IP revenue drive SEMIFIVE's scalable growthSEOUL, South Korea, Aug. 14, 2026 /PRNewswire/ -- SEMIFIVE, a leading global provider of custom AI semiconductor (ASIC) solutions, announced bookings of KRW 118.9 billion and consolidated revenue of KRW 94.7 billion for the first half of 2026. In just
Read more →Manila Times Business
Moka AI Reports 75% Reduction in Per-Store Time-to-Hire with Moka Eva Across 20,000-Location Network
One evaluation standard, applied the same way across more than 20,000 locations. SINGAPORE, Aug. 14, 2026 /PRNewswire/ -- Moka AI (formerly MokaHR), an AI-powered applicant tracking system (ATS) and recruiting platform, has released deployment results for Moka Eva, its AI recruiting agent. At a leading international coffee and tea chain with more than 20,000 locations, Moka Eva cut per-store time-to-hire from 15.4 to 3.8 days. The results come as HR leaders are increasingly looking for hard numb
Read more →Manila Times Business
Zoomcar Announces Voting Results from 2026 Annual Meeting of Stockholders
Bengaluru, India, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Zoomcar Holdings, Inc. (OTCQB: ZCAR) (the "Company”), the leading peer-to-peer self-drive car-sharing marketplace in India, today announced the voting results from its 2026 Annual Meeting of Stockholders (the "Annual Meeting”), held virtually on August 11, 2026. As of the record date of June 26, 2026, 8,488,485 shares of the Company's common stock, par value $0.0001 per share ("Common Stock”), and 1,630 shares of the Company's Series A Converti
Read more →Manila Times Business
Former Better.com CEO Vishal Garg Retains Alex Spiro, Secures Majority Shareholder Support to Take Back Company He Founded
Garg proposes $1 salary until profitabilityInvesting $5M personally as part of 10b5-1 plan$30M stock buyback and independent search for long-term CEO as part of plan to restore shareholder value NEW YORK, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Vishal Garg, founder and former Chief Executive Officer of Better Home & Finance Holding Company, today announced that he has secured support from shareholders representing a majority of the Company’s voting power for a plan to reconstitute Better’s Board of Di
Read more →Manila Times Business
Elliott Management Statement on Northern Star Resources Ltd
WEST PALM BEACH, Fla., Aug. 14, 2026 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together hold an investment of approximately 5.6% in Northern Star Resources Ltd ("Northern Star" or the "Company"), today issued the following statement in response to the Company's announcements on August 13: Northern Star's August 13 letter asks investors to trust the very directors who presided over years of profound underperformance to oversee a Board "renewal" proce
Read more →