Philippines Business News
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1217 articles from Manila Times Business
Korea Deep Learning Secures Back-to-Back Global AI Benchmark Wins Over Big Tech
SEOUL, South Korea, June 22, 2026 /PRNewswire/ -- Korea Deep Learning, a pioneer in enterprise-grade Document AI and vision intelligence solutions, today announced that its proprietary Document AI has secured the #1 overall ranking on ParseBench, a premier global document parsing benchmark organized by LlamaIndex. Korea Deep Learning’s Document AI ranks #1 overall in LlamaIndex’s ParseBench ParseBench evaluates AI models on their ability to read, structure, and extract information from approxima
Read more →Murj® Expands Global Footprint with Commercial Launch in Australia and New Zealand
SYDNEY and AUCKLAND, New Zealand, June 22, 2026 /PRNewswire/ -- Murj®, a cardiac device management software company, today announced its official expansion into the Australian market alongside broader availability for New Zealand. Following its exhibition at the recent CSANZ / HRS Advances in Pacing and Conduction System Pacing Summit in Melbourne, the company has established active commercial operations and sales channels across the region. The expansion introduces Murj to regional health syste
Read more →3D AI Studio Launches Flow: Node-Based 3D Workflows That Run in the Browser With No GPU or Setup
A visual canvas that chains AI generation, mesh cleanup, texturing, and export into reusable 3D pipelines, built by an AI agent from a text prompt. HEILBRONN, Germany, June 22, 2026 (GLOBE NEWSWIRE) -- 3D AI Studio today launched Flow, a node-based canvas that lets creators build complete 3D workflows in the browser, with no software to install and no GPU required. The platform, used by more than one million designers, developers, and creators, now lets users connect AI generation, mesh cleanup,
Read more →7 killed and dozens injured following series of weekend shootings in Chicago
CHICAGO — A spate of shootings in Chicago has led to at least seven deaths and 38 injuries since Friday evening, police say, prompting President Donald Trump to renew his call for a military intervention in the nation's third-largest city. “Why isn’t Governor Pritzker calling me for help. I could make Chicago a safe City in ONE MONTH, in ONE YEAR, it would be one of the safest!!!” Trump said in a Sunday morning Truth Social post. The office of Illinois Gov. JB Pritzker, a
Read more →MoonLake Announces Week 52 Results of Sonelokimab from its Phase 3 VELA Program in Hidradenitis Suppurativa and Confirms Investor Day on June 22, 2026
Results from the Phase 3 VELA clinical trials at Week 52 in adults with moderate-to-severe hidradenitis suppurativa (HS) demonstrate sonelokimab’s (SLK) potential best-in-class and best-in-disease profile, with consistent responses that are higher than those observed in trials of competing agents at the end of their respective parental trialsNamely, ~67% of patients treated with SLK achieved HiSCR75 at the one-year mark, with more than one quarter of patients achieving inflammatory remission (IH
Read more →Migrant dies attempting to cross Channel to Britain
LILLE, France — A woman died after reaching English waters Sunday following an illegal crossing from France, according to British and French authorities, as well as an association that works with migrants. The vessel she was travelling in had not sought assistance during the crossing, but British authorities intercepted it and found an unconscious passenger, they said. "Despite medical assistance, we are deeply saddened to confirm that they have since died," a UK government spokesperson sa
Read more →Three boys die after sea rescue at Spanish beach
MADRID, Spain — Three boys have died after getting into difficulty while swimming at a beach near Tarragona in northeastern Spain, officials said Sunday. The incident happened on Friday at Arrabassada beach when a group of six boys jumped into the sea from rocks while a yellow warning flag was flying because of strong waves. Three of the boys made it back to shore unaided, while the others were rescued by emergency crews. A 12-year-old boy died at the scene despite efforts to resuscitate h
Read more →Global Nexa Initiative Launches to Support Climate and Health Innovations
Global consortium seeks bold, scalable solutions that reduce climate-driven health harms on vulnerable communities LONDON, June 21, 2026 (GLOBE NEWSWIRE) -- At London Climate Action Week, Grand Challenges Canada (GCC) and the Science for Africa Foundation (SFA Foundation) today announced the launch of Nexa, a global initiative to support locally led innovations that address the growing health impacts of climate change. Nexa is led by GCC (in partnership with the Government of Canada) and SFA Fou
Read more →Wave of syringe attacks mar France's street music festival
PARIS, France — French police have detained twelve suspects after 145 people reported being pricked with syringes during the country's annual street music festival, officials said Sunday. Millions of people took to the streets across France on Saturday evening for the Fete de la Musique, with authorities reporting "unprecedented crowds" in Paris. Before the party, posts on social media had called for women to be targeted during the festivities. The interior ministry said 145 victims across
Read more →Suu Kyi's release key to peace formula for Myanmar
LAST Friday, on the 81st birthday of Aung San Suu Kyi, 134 former and current legislators from 11 countries wrote an open letter to President Ferdinand Marcos Jr., this year’s Asean chair, calling on the regional bloc to demand that Myanmar release immediately and unconditionally the Nobel laureate and other political prisoners from detention. Suu Kyi has been in military custody for nearly 20 years of her life. She was first arrested in July 1969, after she co-founded the National League
Read more →African Swine Fever detected in Capiz towns, prompts strict biosecurity measures
ILOILO CITY — Swine blood samples collected from three towns in Capiz have tested positive for African swine fever (ASF), prompting provincial authorities to intensify disease control measures and urge hog raisers to strictly observe biosecurity protocols. In an advisory issued on June 18, the Capiz Provincial Veterinary Office (PVO) said laboratory testing conducted by the Regional Animal Diseases Diagnostic Laboratory 6 confirmed the presence of ASF in samples retrieved from Roxas City,
Read more →Impeach pre-trial conference resumes
THE pre-trial conference for the impeachment trial of Vice President Sara Duterte will resume today, June 22, with the defense and prosecution finishing the marking of documents. The pre-trial serves as the initial meeting of both panels before the senator-judges begin the trial proper. The Senate, sitting as an impeachment court, is expected to start the trial on July 6. The defense and prosecution panels met on July 18 at the Senate to present their evidence related to the four Articles of Imp
Read more →Henry the hero as New Zealand level England series in style
LONDON, United Kingdom — Matt Henry did the damage as New Zealand thrashed England by 253 runs in the second Test at the Oval on Sunday for a series-levelling victory as England confirmed that Ben Stokes would return as captain for the deciding third Test. Stokes was dropped for breaching a team curfew following his side's win in the series opener at Lord's. "Ben will be back. He'll be back as captain," said England head coach Brendon McCullum after the match. Fast-medium bowler Henry's se
Read more →Infrastructure spending yet to recover as of April
GOVERNMENT infrastructure disbursements have yet to recover this year as tighter review procedures implemented in the wake of last year’s corruption scandal continue to weigh on project execution and payment processing. Data released by the Department of Budget and Management (DBM) showed that overall disbursements rose by 11.1 percent to P505.4 billion in April from P454.8 billion a year earlier, buoyed by higher subsidies, transfers to local government units (LGUs), interest payments and
Read more →BSP seen pausing if inflation reverses
THE Bangko Sentral ng Pilipinas (BSP) could pause its tightening cycle if inflation slows faster than expected and lower global energy costs feed through more quickly into domestic prices. This contrasts with the prevailing expectation of continued but gradual tightening as inflation pressures remain elevated and second-round effects continue to shape policy decisions. Citi, which still expects the BSP to deliver two additional 25-basis point hikes this year, said a change in the inflation momen
Read more →DA launches Animal Vaccine Development Program to boost livestock industry
THE Department of Agriculture has launched the Animal Vaccine Development Program that will focus on developing vaccines against animal diseases to improve animal health and support the country’s livestock industry. The launch was formalized through the signing of a memorandum of agreement (MOA) with Central Luzon State University (CLSU). A marker at the Center for Transboundary Animal Diseases (CenTrAD) was also unveiled at the CLSU. Under the partnership, CLSU’s CenTrAD will lead r
Read more →DPWH completes Samar and Iloilo infrastructure projects ahead of sked
THE Department of Public Works and Highways (DPWH) has completed two critical infrastructure projects in Samar and Iloilo ahead of time, as the Marcos administration ramps up efforts to fast-track stalled public works and improve mobility across the country. Public Works Secretary Vince Dizon disclosed over the week that the rehabilitation of the first phase of the Calbiga Bridge in Samar has already been completed, and the reopening of the long-delayed East Timawa Road in Iloilo City after just
Read more →Global cues, policy signals to drive investor sentiment
THE stock market could take a breather this week as investors weigh developments in the Middle East against lingering inflation pressures and a still-restrictive monetary policy environment. The Philippine Stock Exchange index (PSEi) closed Friday at 6,135.35, up 3.81 percent week-on-week, holding above its established 5,800 to 6,150 consolidation range. Sentiment had improved as a US-Iran peace deal helped stabilize global oil prices and supported risk appetite, but this could change after Iran
Read more →Strait of Hormuz closed again as US, Iran talks begin
DUBAI — Iran's Fars news agency cited a military source as saying on Sunday that the Strait of Hormuz remains closed and the Revolutionary Guards Navy has not issued permission for any vessels to transit until further notice. The United States and Iran had agreed to a 60-day ceasefire for peace deal negotiations, but Tehran's Islamic Revolutionary Guard Corps on Saturday declared the Strait of Hormuz shut in response to Israeli strikes in Lebanon, though the US military said commercial ves
Read more →Tight security as India holds exam retest after leak scandal
NEW DELHI — India’s 2.2 million aspiring medical students sit a re-examination under tight security on Sunday, after the last test was scrapped following a paper leak that triggered widespread outrage. The failure of the hugely competitive exam, along with a separate marking fiasco in high school tests, sparked an outcry and fueled youth protests demanding the education minister’s resignation. The authorities say they have deployed more than 200,000 officials, including police,
Read more →Marc Marquez wins Czech MotoGP to close gap on banned Bezzecchi
PRAGUE, Czech Republic — Seven-time MotoGP world champion Marc Marquez won the Czech Grand Prix in Brno on Sunday, scoring a second straight win after dominating in Hungary two weeks ago. Pole sitter Ai Ogura of Japan finished second ahead of Marquez's factory Ducati teammate Francesco Bagnaia. Championship leader Marco Bezzecchi sat out the race as a penalty for slapping a track steward in the face following a crash in Saturday's sprint. But the Italian on a factory Aprilia still leads th
Read more →Come inside Iran's World Cup hotel in Tijuana, Mexico, where fans turn out to cheer
TIJUANA, Mexico — Less than 150 miles (240 kilometers) from Los Angeles' World Cup stadium sits the hotel housing Iran's team. The entrance to the Marriott in Tijuana, Mexico, is barricaded, flanked by police and members of the Mexican National Guard, guns held close. No one enters without a hotel reservation or special permission. Despite the tensions and challenges surrounding Iran's participation in the World Cup, early Saturday morning finds the mood inside the four-star hotel relaxed,
Read more →Extreme heat expected again at the Grand Canyon after 3 hikers die in heat-related incidents
GRAND CANYON NATIONAL PARK, Arizona — Visitors to Grand Canyon National Park are being warned about extreme temperatures that will hit the popular destination early next week after a recent increase in heat-related incidents in the inner canyon, including the deaths of three hikers. The National Weather Service issued an extreme heat watch at the Grand Canyon for midday Monday through Tuesday, forecasting temperatures that could reach or exceed 110 degrees Fahrenheit (43 degrees Celsius) a
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