Philippines Business News

'NBA Cares x Sands Cares Community Impact Week 2026' Successfully Concludes

NBA legend Chris Bosh and Sir David Beckham visit NBA HOUSE to support Impact Week Sharing the excitement of basketball event, inspiring care and uniting the community MACAO, Oct. 11, 2026 /PRNewswire/ -- As The NBA China Games 2026 entered its final day today, the five-day NBA Cares x Sands Cares Community Impact Week 2026 - co-organised by Sands China and NBA Cares - also drew to a successful close with its concluding event, the Community Basketball Carnival at NBA HOUSE at Halls A and B of Co

Encaleret Increased Bone Turnover and Improved Participant-Reported Symptoms in the Phase 3 CALIBRATE Trial in ADH1

- Encaleret administration increased bone turnover, based on its action to recover endogenous PTH secretion in patients with ADH1 - 100% of participants who received encaleret reported improvements in at least one ADH1 symptom compared to 46% of participants who received standard of care - Improvements in ADH1-related impacts on daily functioning were also more frequently reported with encaleret compared to standard of care - The FDA has accepted BridgeBio’s NDA for encaleret in ADH1 and granted

NewYou Life Announces Nationwide Community Initiative to Support Chinese American Families

New York, USA, Oct. 11, 2026 (GLOBE NEWSWIRE) -- NewYou Life hosted the Project Launch Conference at the New York Marriott Marquis, bringing together media representatives, invited guests, and community representatives to mark a milestone for the organization. A large screen at the venue displayed the conference title, "Project Launch Conference,” alongside the slogan, "Ignite the Spark, Unite the Light.” Lucas Lee, founder and CEO of NewYou Life, delivered the keynote address to outline the org

Cardurion Pharmaceuticals Presents Phase 2 Results for Tovinontrine (CRD-750), a PDE9 Inhibitor, as a Novel Treatment for Heart Failure

In Cycle-1REF Phase 2 clinical trial, tovinontrine demonstrated substantial reduction in NT-proBNP, a biomarker for heart failure, in patients with HFrEF on top of guideline-directed medical therapy, with a favorable safety and tolerability profile Company continues to advance tovinontrine in a pioneering clinical program targeting PDE9 in heart failure Results from the Cycle Phase 2 clinical trials will be presented in a plenary session at Heart Failure Society of America Annual Scientific Meet

Polish police arrest a man suspected of planning to attack Prime Minister Donald Tusk

WARSAW, Poland — A man suspected of threatening and planning to attack Polish Prime Minister Donald Tusk was arrested, the country's interior minister said Sunday. Interior Minister Marcin Kierwiński gave no details about the identity of the man nor the type of attack planned. Poland has been on high alert following a series of school stabbings this week, as well as fears of a possible Russian hybrid attack to weaken Western support for Ukraine in its war against Moscow’s full-scale

PCSO Lotto Results | October 11, 2026

Formula One: Singapore Grand Prix results

SINGAPORE — Results from Formula One Singapore Grand Prix at the Marina Bay Street Circuit (62 laps): 1. Max Verstappen (NED/Red Bull) 305 km in 1hr 42min 0.785sec, 2. Charles Leclerc (MON/Ferrari) at 7.335sec, 3. Kimi Antonelli (ITA/Mercedes) at 24.573, 4. Lando Norris (GBR/McLaren) at 40.506, 5. Oscar Piastri (AUS/McLaren) at 49.644, 6. Lewis Hamilton (GBR/Ferrari) at 53.188, 7. Liam Lawson (NZL/RB) at 1:21.666, 8. Nico Hulkenberg (GER/Audi) at 1:23.386, 9. George Russell (GBR/Mercedes)

Jindong, Zhejiang: Building on the Yangtze River Delta Sci-Tech Innovation Corridor, Seizing the AI Wave to Forge New Industrial Strengths

JINHUA, China, Oct. 11, 2026 (GLOBE NEWSWIRE) -- Jinyi Lake Forum · 2026 Intelligent Agent OPC Innovation Conference was held at Jinyi Lake Innovation Circle. As a demonstration zone for industry-city integration in the Yangtze River Delta G60 Sci-Tech Innovation Corridor, the Jindong District of Jinhua, Zhejiang, is taking innovation-driven development as its core, seizing the opportunities presented by the AI industrial revolution, and relying on the construction of the Jinyi Lake Innovation C

Magnolia routs Ginebra, seals playoff spot

MANILA, Philippines — Magnolia started like a house on fire and managed to sustain its hot start to pulverize Barangay Ginebra, 112-93 to seal a playoff berth in the PBA Season 50 Governors’ Cup on Sunday at the Araneta Coliseum. Six Hotshots scored in double figures led by Zavier Lucero who flirted with a double-double after finishing with 21 points and nine rebounds. Jerome Lastimosa added 16, Mark Barroca had 15, while import KJ Buffen produced 14 and 10 rebounds. Peter Alfaro and

Hurricane Simon pounds resorts and vulnerable towns along Mexico’s Pacific coast

PUERTO VALLARTA, Mexico — Hurricane Simon was pounding Mexico’s Pacific coast as a Category 4 storm on Sunday, its eye remaining just offshore as its most powerful winds and rain slammed people living between the Sierra Madre and the ocean. Simon’s eye was moving northward just off the coast, and forecasters at the U.S. National Hurricane Center said it’s not clear if it will make landfall. This could mean Simon maintains its extremely dangerous strength, sustaining winds

Perpetual scores first win, keeps playoffs hopes alive in SSL Unity Cup

MANILA, Philippines — University of Perpetual Help System DALTA outworked San Beda University in a challenging marathon showdown, 28-30, 25-19, 23-25, 25-17, 16-14, to enter the win column in the 2026 Shakey’s Super League (SSL) Unity Cup on Sunday at the Rizal Memorial Coliseum. Jemalyn Menor took over on offense but Cyrille Almeniana delivered the crucial points in the extended deciding set as the Lady Altas bounced back from an opening-day loss. Perpetual tied idle Letran in secon

‘Moms Offering More’ Launches Limited Crewneck Collaboration With Archewell Philanthropies in Support of Alliance for Moms

VANCOUVER, Oct. 11, 2026 (GLOBE NEWSWIRE) -- Moms Offering More, a community of women supporting mothers and historically underserved families across Canada and the United States, today launched a limited-edition crewneck sweatshirt created in collaboration with Archewell Philanthropies. Four small words with one big message embroidered across the back of the sweatshirt. "It's the Little Things.” "We share one intention as parents,” said Meghan, Duchess of Sussex, "a safe and loving future for o

Marcos warns of 'new phase of escalation' in West Philippine Sea

MANILA, Philippines — President Ferdinand Marcos Jr. on Sunday warned of a “new phase of escalation” in the West Philippine Sea following China’s reported obstruction of the medical evacuation of a sick Filipino sailor at Ayungin Shoal. Marcos said the incident was troubling because the mission involved retrieving a sick sailor for medical treatment. “He was sick. Why would we be prevented from treating one of our own who is ill?” he said. “Even in war,

Pope Leo XIV says he will undergo surgery in the coming days to remove a nodule on his lung

VATICAN CITY — Pope Leo XIV announced Sunday he will undergo surgery in the coming days to remove a nodular lesion on his lung, in the first major health event of his 17-month pontificate. The 71-year-old Leo said the nodule was found at an early stage and was “circumscribed” or well-localized. The Vatican said Leo would undergo surgery in ”the coming days," with an expected recovery time of a week. The American pope made the announcement during his Sunday noon blessing.

Crypto News: Remittix Sets $0.46 Final Presale Price as XRP Price Prediction Targets $20 and Zcash’s Quantum-Ready Roadmap Sparks a $3,000 ZEC Forecast

Remittix defines the final RTX pricing stage before its November launch as XRP and Zcash strengthen the market’s focus on payments, privacy and future-ready infrastructure MAJURO, Marshall Islands, Oct. 11, 2026 (GLOBE NEWSWIRE) -- Remittix has set $0.46 as the final RTX presale price and planned minimum exchange launch price ahead of the token’s scheduled November 24, 2026 market debut. RTX remains available at $0.23 during the current stage. The progression to $0.46 provides a defined pricing

Marcos on alleged China money to VP Sara: A threat to the highest level

MANILA, Philippines — President Ferdinand Marcos Jr. on Sunday warned that allegations that businesses linked to Vice President Sara Duterte and her husband received money from China could pose a serious national security threat if proven true. Speaking to reporters in Singapore, Marcos confirmed that the government was investigating allegations raised by former senator Antonio Trillanes IV involving businesses allegedly linked to Duterte and her husband, lawyer Manases “Mans”

Saudi Arabia extends airport closure and moves Riyadh schools online after deadly strike

CAIRO — Saudi Arabia on Sunday kept its main international airport closed and moved Riyadh schools online as Yemen's Houthi rebels threatened new airstrikes across the kingdom, a day after a missile attack killed 12 people and wounded more than 300. Saturday’s strike on King Khalid International Airport in Riyadh marked a major escalation in the war between Yemen’s Iran’s-backed Houthis and the kingdom and further complicated sputtering efforts to halt the US-Iran war. US

UP denies La Salle fightback, snaps 2-game skid

MANILA, Philippines -- University of the Philippines denied a furious De La Salle fightback, 80-76, at the Mall of Asia Arena Sunday to snap a 2-game skid in the UAAP Season 89 men's basketball tournament. The Fighting Maroons squandered a 14-point, 67-53 lead after the defending champs Green Archers unleashed a 20-5 run capped by a Jacob Cortez trey to take a 73-72 cushion in the last 2:40. UP avoided total collapse in the battle of the finalists of the previous three seasons thanks to the clut

Philippines sees $315-million hot money outflows in August

THE PHILIPPINES saw over $300 million in short-term foreign investments exit the country in August amid lingering global uncertainty and tighter local economic conditions, preliminary central bank data showed.

Renewed shocks, El Niño raise risk of inflation expectations de-anchoring

REIGNITED SHOCKS amid the fresh escalation of the Middle East war and the looming “Super El Niño” have heightened the risk of de-anchoring inflation expectations, which economists said could keep the central bank on a tightening path.

Megawide bets on housing for its next growth phase

MEGAWIDE Construction Corp. is banking on its foray into affordable and socialized housing under the government’s expanded Pambansang…

Philippine debt service bill plunges in August

THE National Government’s (NG) debt service bill plunged by 88.55% in August as principal repayments fell sharply, the Bureau of the Treasury (BTr) said.

Meralco rate hike set for next billing cycle

CUSTOMERS of Manila Electric Co. (Meralco) are expected to face higher distribution charges in the next billing cycle after the Energy Regulatory Commission (ERC) approved the utility’s first rate reset in 15 years.

Three SAF projects in PHL seek equity partners

THREE proposed sustainable aviation fuel (SAF) projects in the Philippines are still seeking equity partners, according to the…