Philippines Business News

Pender Growth Fund Provides Financial Highlights and Company Updates

VANCOUVER, British Columbia, Aug. 21, 2026 (GLOBE NEWSWIRE) -- (TSXV: PTF) Pender Growth Fund Inc. (the "Company”) today announced its financial and operational results for the three months and six months ended June 30, 2026. Financial Highlights Net income was $7,241,975 for the three months ended June 30, 2026 (June 30, 2025 - net income of $8,742,446) due to positive investment performance in the quarter.Net income per Class C common share ("Share”) was $1.05 for the three months ended June 3

Pentagon removes Stars and Stripes newspaper leadership

U.S. tariffs on Canada take effect after trade talks collapse

U.S., Iran trade warnings as new sanctions loom and Hormuz oil flows stall

US and Canada seek agreement to avert 50% tariffs on imports

2GO bullish on Mindanao, expands footprint

Logistics giant 2GO Group Inc. is further expanding its Mindanao business to strengthen the shipping backbone of the island, where it is handling as many as 1.5 million packages yearly.

6.5 million Filipinos lifted out of poverty – PSA

An estimated 6.5 million Filipinos were lifted out of poverty between 2023 and 2025 as the poverty incidence fell to its lowest rate last year.

DA to tighten sugar import policy

The Department of Agriculture is looking to tighten the country’s sugar import policy and enable a more competitive domestic industry.

ERC moves to curb power spot market abuse

The Energy Regulatory Commission is stepping up efforts to safeguard the power spot market against potential abuse amid concerns over the growing influence of key industry players.

I-Remit board clears Surepay deal

Listed remittance firm I-Remit Inc. has approved its binding term sheet with Surepay Technologies Inc., moving forward with a proposed P20-million capital infusion as the company disclosed that vice chairman Ben Tiu now owns a 47-percent stake.

Imperfection is the new influence

For decades, I hosted a radio segment.

Insurance penetration rises on higher premium collections

Insurance penetration in the Philippines climbed to 1.96 percent in the second quarter from 1.79 percent in the same quarter last year, driven by higher premium collections, according to the Insurance Commission.

Japan’s R&I maintains Philippines credit rating

Japan-based Rating and Investment Information Inc. (R&I) has affirmed the Philippines’ A- credit rating with a stable outlook, but warned that economic growth could weaken further this year as delays in infrastructure spending and elevated energy prices weigh on domestic activity.

Mitsubishi unveils new Outlander PHEV

Mitsubishi Motors Philippines Corp. is anticipating strong demand for sports utility vehicles to drive the shift to electrified vehicles as it launched its first plug-in hybrid electric vehicle in the country.

Need for meaningful reforms

The government is proposing a set of tax measures which at first glance might appear to offer Filipinos some relief from their tax burdens.

PSE ramps up PDS integration

The Philippine Stock Exchange is ramping up initiatives to integrate the Philippine Dealing System Holdings Corp. in line with efforts to build a more unified market infrastructure.

Basilan subdues Negros, boosts South playoff bid

MANILA, Philippines — Basilan Steel leaned on veteran gunner John Wilson to subdue Negros, 97-86, on Friday and boost its bid for a playoff seat in the SportsPlus MPBL (Maharlika Pilipinas Basketball League) 2026 Season at the Bulacan Capitol Gym in Malolos. Right after a Basilan timeout, Wilson drilled in a triple with 1 minute and 47 seconds left to break Negros' 13-point run, the first seven by Flever Dignadice, and secure the Steel's 12th win against 11 losses in the round-robin elimin

PH to host 3 major international chess tourneys in November

MANILA, Philippines — It will be a busy November for Philippine chess as three international tournaments—two in Ozamiz and one in Quezon City—are lined up for that month with titles, norms and hefty cash prizes at stake. The first one is the 7th ASEAN Individual Championships slated Nov. 2-10 at the Asenso Misamis Occidental Recreational and Aquamarine Park where the Open and Women’s champions get a Grandmaster or Woman GM titles or norms and the second to third placers e

Income Financial Trust Financial Results to June 30, 2026

TORONTO, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Income Financial Trust ("Income Financial") announces that its semi-annual financial statements and management report of fund performance for the six months ended June 30, 2026 are now available at www.sedarplus.com and Income Financial's website at www.quadravest.com. For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.quadravest.com.

River Tourism Highlights New Ways to Explore Mato Grosso do Sul’s Natural Landscapes

SÃO PAULO, Aug. 21, 2026 (GLOBE NEWSWIRE) -- (Brasil DNA, a project organized by Global Vision Access) - Mato Grosso do Sul is expanding the ways travelers can experience its natural attractions through river tourism, offering experiences that go beyond the state’s best-known destinations. From multi-day river cruises in the Pantanal to boat tours along the rivers of Bonito, these activities combine contact with nature, regional landscapes, and opportunities to learn more about local communities

Westlake Announces Dual Listing on NYSE Texas

HOUSTON, Aug. 21, 2026 (GLOBE NEWSWIRE) -- Westlake Corporation (NYSE: WLK) ("Westlake”) (the "Company”) announced today the dual listing of its common stock on the NYSE Texas, the newly launched fully electronic equities exchange headquartered in Dallas, Texas. "We are pleased to join the NYSE Texas. Westlake is a global manufacturer celebrating 40 years of operations this year, and Texas has been home to our global headquarters since the very beginning. We welcome the opportunity to support th

Ceretone and Easter Seals Greater Houston Bring Hearing Technology to Local Seniors Through Community Initiative

Organizations came together to help seniors use technology with confidence and shape the future of hearing care HOUSTON, Aug. 21, 2026 /PRNewswire/ -- Ceretone, a direct-to-consumer hearing technology company, partnered with Easter Seals Greater Houston, Catholic Charities, and AmeriCorps Seniors to help seniors experience over-the-counter hearing technology in a supportive community setting while gathering valuable insights to improve future products. Ceretone and Easter Seals Team Up On August

PCSO Lotto Results | August 21, 2026

Ted Trabue Appointed as Interim Chairman of the Public Service Commission of the District of Columbia

Ted Trabue Appointed as Interim Chairman of the Public Service Commission of the District of Columbia Interim Chairman Ted Trabue Washington, D.C., Aug. 21, 2026 (GLOBE NEWSWIRE) -- The Public Service Commission of the District of Columbia (Commission) announced that Mayor Muriel Bowser has appointed Commissioner Ted Trabue as the Interim Chairman of the Commission, effective August 18, 2026. He succeeds former Chairman Emile C. Thompson, who resigned effective August 14, 2026. Trabue has served