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Philippines Business News

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

4094 articles from Manila Times Business

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Manila Times Business

X Square Robot Demonstrates Embodied AI in Real-World Logistics Operations

In a livestream on X and YouTube, the company's embodied AI model and self-developed High-Performance 6-Axis Robot Arm autonomously identified, picked, reoriented, and fed highly variable parcels into a live sorting workflow, achieving 1,816 parcels per hour with over 98% accuracy. SHENZHEN, China, Aug. 13, 2026 /PRNewswire/ -- X Square Robot, an embodied AI company building general-purpose robots and foundation models for real-world environments, has demonstrated a system that automates one of

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Manila Times Business

Zuckerberg pushes open-source AI approach as Meta unveils latest model

Meta Platforms on Monday announced the release of a new artificial intelligence model that's open for other software developers to use as CEO Mark Zuckerberg warned of the risks if control of advanced AI is concentrated under a select few companies, institutions or governments. The tech company included a “permissive” open source license for Muse Glimmer, a lightweight AI model that can run on a personal computer. Zuckerberg said the company would also would provide a way for develop

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Manila Times Business

Size of RIKB 26 1015

The size of the RIKB 26 1015 series after the exchange auction on August 7, 2026, is 56,117,588,711 nominal value.

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Manila Times Business

ARIA Cybersecurity Announces OpenAI’s attack on Hugging Face could have been prevented by AZT PROTECT

ARIA’s AZT PROTECT™ patented approach - protects against dawning AI Assault attacks that threaten critical infrastructure applications LOWELL, Mass., Aug. 10, 2026 (GLOBE NEWSWIRE) -- ARIA Cybersecurity, a CSPi business (NASDAQ: CSPi) announced it is the first security vendor to offer a solution to stop the next generation of AI attacks that now threaten our economy. On Friday, July 31, 2026, OpenAI and Hugging Face began disclosing the details of the attack. In what industry experts are calling

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Manila Times Business

Veyrion Laxentum Capital Launches VEYRONEX, Advancing Intelligent Asset Management Through an AI-Native Cognitive System

From historical data analysis to market structure cognition, VEYRONEX explores a next-generation intelligent investment framework for complex market environments through adaptive learning, dynamic risk identification, and multi-asset probability modeling DENVER, Aug. 10, 2026 (GLOBE NEWSWIRE) -- As artificial intelligence, algorithmic technologies, and the digital financial landscape continue to evolve, global financial markets are entering a new stage characterized by greater complexity and int

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Manila Times Business

Fleet Advantage Surpasses $4.3 Billion in Total Lease Originations, Sets Records Across Remarketing and Portfolio Growth in Fiscal Year 2026

FORT LAUDERDALE, Fla., Aug. 10, 2026 (GLOBE NEWSWIRE) -- Fleet Advantage, a leading innovator in specialty financing, fleet data analytics, asset performance services, and life cycle cost management, today announced the conclusion of one of its most successful fiscal years in company history for the year ending June 2026. Despite continued economic headwinds and market uncertainty, the company achieved record lease originations, unprecedented used truck remarketing volume, and meaningful portfol

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Manila Times Business

Metabio Advances Global Preventive Healthcare with Integrated AI-Powered Bioresonance Ecosystem

HONG KONG, Aug. 10, 2026 (GLOBE NEWSWIRE) -- As global healthcare priorities increasingly shift from reactive treatment to proactive wellness management, health technology enterprise Metabio today announced the expansion of its integrated preventive healthcare ecosystem. Powered by bioresonance technology and artificial intelligence, the Hong Kong-based company is scaling its personalized health system to bridge the gap between advanced bio-data analytics and ways to optimize daily health for in

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Manila Times Business

SPP Credit Advisors and Circle8 Group Eliminate $35 Million Convertible Seller's Note in Global Settlement Agreement

Settlement Resolves Litigation and Legacy Financing Matters, Simplifies Capital Structure and Enhances Financial Flexibility ENGLEWOOD CLIFFS, N.J., Aug. 10, 2026 (GLOBE NEWSWIRE) -- Circle8 Group, Inc. (Nasdaq: CIRC) ("Circle8" or the "Company") today announced that it has executed a definitive settlement agreement with SPP Credit Advisors, LLC ("SPP"), resolving all outstanding litigation between the parties, releasing, cancelling and discharging the Company's $35 million Convertible Seller's

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Manila Times Business

GIGABYTE Announces the Availability of AORUS GeForce RTX™ 50 INFINITY Series Graphics Cards

TAIPEI, Aug. 10, 2026 /PRNewswire/ -- GIGABYTE, the world's leading computer brand, announces the availability of the AORUS GeForce RTX™ 5080, RTX™ 5070 Ti, and RTX™ 5070 INFINITY graphics cards. Designed for enthusiasts seeking uncompromised performance and refined aesthetics, the new lineup combines the WINDFORCE HYPERBURST cooling system with a double flow through design, patented Hawk fans, and an intelligent Overdrive Fan to maximize cooling efficiency. These models also feature a STEALTH-c

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Manila Times Business

Greystone Provides $25.5 Million in Fannie Mae Acquisition Financing for Chicago Multifamily Property

NEW YORK, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $25,500,000 Fannie Mae loan to finance the acquisition of 422 & 424 W. Melrose Ave., a 169-unit multifamily property in Chicago, Illinois. The financing was originated by Clint Darby and Andrew Remenschneider of Greystone. Christopher Sackley and William Montana of Global Real Estate Advisors brokered the sale. The Fannie Mae acquisition financing enables the borrower

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Manila Times Business

HyOrc Advances Commercial Deployment with €6.7 Million STEP Grant Approval and $7.5 Million Equity Facility

HOUSTON, Aug. 10, 2026 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTCQB: HYOR), an integrated clean energy infrastructure and technology company, today announced significant progress across its Portuguese commercial deployment and corporate capital strategy. HyOrc has completed the restructuring of its Portuguese partnership with MO.RE.DA., establishing HYORC GREEN FUELS, LDA as a 50/50 joint venture focused on the development and scale-up of RDF-to-green-methanol production in Portugal. Manufacturi

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Manila Times Business

NTG Nordic Transport Group publishes interim report for H1 2026

Company announcement no. 29 - 26 10 August 2026 NTG Nordic Transport Group publishes interim report for H1 2026 The interim report for H1 2026 is enclosed. In connection with publication of the results for H1 2026, a conference call will be hosted on 11 August 2026 at 10:00 AM CEST. The conference call will be held in English and can be followed live via NTG’s website; investor.ntg.com. Additional information For additional information, please contact: Investor relations and press: Sebastian Ros

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Manila Times Business

SC fast-tracks forfeiture of POGO assets

MANILA, Philippines — The Supreme Court (SC) has approved a fast-track legal mechanism allowing the government to seize and forfeit properties tied to illegal Philippine Offshore Gaming Operator (POGO) activities even without waiting for related criminal cases to be resolved. The Court En Banc approved the Rule on the Civil Forfeiture of POGO-Related Assets pursuant to Republic Act (RA) 12312, or the Anti-POGO Act of 2025, giving authorities a direct route to strip illegal operators of ass

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Manila Times Business

"Boundless Creativity, Connecting Youth" China-Indonesia Youth Cultural Exchange Series Held in Jakarta

JAKARTA, INDONESIA - Media OutReach Newswire - 10 August 2026 - On August 6, the "Boundless Creativity, Connecting Youth" China-Indonesia Youth Cultural Exchange Series was held in Jakarta, Indonesia. The event was jointly hosted by the China Intercontinental Communication Center (CICC) and Indonesia's GARUDA TV, with co-organized by Luoyang Radio and Television Media Group Co., Ltd. and Coocaa, a brand under Skyworth Group. More than 800 people attended the opening ceremony. Among them were rep

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Manila Times Business

NCCA opens Asean Cultural Center in Manila

MANILA, Philippines — The National Commission for Culture and the Arts (NCCA) opened the Association of Southeast Asian Nations (Asean) Cultural Center in Manila on Sunday. First Lady Liza Araneta-Marcos attended the event and joined NCCA Chairman Eric Zerrudo in the ribbon-cutting ceremony at the historic Metropolitan Theater. “Through creation myths, horizons, textiles, boat-building traditions, and architecture, this exhibition celebrates the different expressions of who we are, y

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Manila Times Business

NeuShield Expands Data Sentinel with New Exfiltration Protection to Help Stop Data Theft and Ransomware

New capability protects how sensitive data is accessed, helping organizations prevent unauthorized file access before attackers can steal or encrypt critical information FREMONT, Calif., Aug. 10, 2026 (GLOBE NEWSWIRE) -- NeuShield, creators of the industry's first Mirror Shielding™ technology, today announced Exfiltration Protection, a major enhancement to NeuShield Data Sentinel that helps organizations prevent cybercriminals from accessing sensitive files, even when attackers compromise legiti

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Manila Times Business

New Consumer Research Released Ahead of The Hospitality Show Reveals Hotels Are Leaving Loyalty Revenue on the Table

Questex's 2026 Consumer Hotel Habits Report, powered by Datassential, finds travelers will pay more for upgrades, flexibility, and breakfast while exposing untapped loyalty opportunities. NEW YORK, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Hotel stays remain a near-universal habit, with 80% of U.S. adults staying in a hotel at least once a year, but what keeps guests coming back has sharpened around a few clear priorities, according to the newly released Questex "2026 Consumer Hotel Habits Report” power

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Manila Times Business

Zealand Pharma - Transactions related to share buy-back program (week 32, 2026)

Company announcement No. 37 / 2026 Zealand Pharma - Transactions related to share buy-back program (week 32, 2026) Copenhagen, Denmark, August 10, 2026 - Zealand Pharma A/S ("the Company" or "Zealand Pharma”) (Nasdaq: ZEAL) (CVR-no. 20045078), a biotechnology company transforming the future of metabolic health, today reports transactions related to its share buy-back program (the "Program”) for week 32 (August 3 - August 7, 2026). The Program is carried out in accordance with Article 5 of Regula

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Manila Times Business

Tyson Foods, Inc. Announces Debt Tender Offers

SPRINGDALE, Ark., Aug. 10, 2026 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (the "Company” or "we”) (NYSE: TSN) announced today that it is offering to purchase for cash each series (each, a "Series”) of the notes issued by the Company listed in the following table (the "Notes”) (i) in accordance with, and in the order of, the corresponding Acceptance Priority Levels (as defined below) and (ii) subject to the Maximum Tender Cap (as defined below), the 2027 Tender Sub-Cap (as defined below), the 5.400%

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Manila Times Business

WATCH: No Balintawak floods- Artes

MMDA Chairman Don Artes clarified that no flooding was observed in the Balintawak area, dispelling videos circulating online. Artes advised the public to be wary of false information about flooding.

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Manila Times Business

Who is the contractor?

DPWH Secretary Vince Dizon said they need to identify the contractor behind the collapsed Forbes Park wall to exact accountability. On Saturday, Dizon said the wall that fell was built with substandard materials. The collapsed wall occupied 2 lanes of the northbound side of EDSA, which caused traffic.

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Manila Times Business

WATCH: Ombudsman visits Cebu

DPWH Secretary Vince Dizon said they need to identify the contractor behind the collapsed Forbes Park wall to exact accountability. On Saturday, Dizon said the wall that fell was built with substandard materials. The collapsed wall occupied 2 lanes of the northbound side of EDSA, which caused traffic.

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Manila Times Business

Oculis Signs Asset Purchase Agreement with Accure Therapeutics for Lead Candidate, Privosegtor, Fortifying Oculis’ Position as an Emerging Leading Neuro-Ophthalmology Company

Transaction will enhance Oculis’ strategic flexibility and ownership of Privosegtor while driving long-term value creationTransaction consideration includes $3.8 million up-front cash payment at closing and up to 2,050,000 Oculis ordinary shares subject to lockup release over a period of up to 2 years, or vesting upon achievement of development and regulatory milestonesPrivosegtor, a neuroprotective drug candidate, is currently being investigated in registrational trials with initial indications

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