Philippines Business News

SC vows fair and safe Bar exams

THE Supreme Court (SC) on Thursday assured this year’s Bar examinees that it has taken steps to ensure the integrity and orderly conduct of the examinations, which begins on Sunday. Associate Justice Samuel H. Gaerlan, chairperson of the 2026 Bar Examinations, said the Court had prepared and dedicated itself to ensuring that the exams would […]

Senate panel OKs CoA, Ombudsman budgets for 2027

THE Senate Finance Committee on Thursday approved the Commission on Audit’s (CoA) and the Office of the Ombudsman’s proposed budget for next year. Senator Emmanuel Joel J. Villanueva backed the CoA’s proposed P16.04-billion budget, noting that he is open to supporting the agency if it seeks an additional budget to address the challenges they’re facing […]

DoJ: 15-year-old in Tacloban school shooting to face murder raps

THE Department of Justice (DoJ) said that the Tacloban City Prosecutor’s Office has ordered the filing of four counts of frustrated murder and six counts of attempted murder against a 15-year-old child in conflict with the law (CICL) over the June 22 shooting at San Jose National High School. Justice Undersecretary Ian Norman E. Dato […]

Ombudsman files raps vs ex-BFP chief in P485-M ambulance case

THE Office of the Ombudsman has filed graft and bribery charges before the Sandiganbayan and dismissed former Bureau of Fire Protection (BFP) Director Jesus P. Fernandez from government service over the procurement of 132 ambulances worth P485.6 million. Mr. Fernandez was charged with two counts each of indirect bribery and violation of the Anti-Graft and […]

Central Luzon floods hit 4.24 million residents

SAN FERNANDO CITY, Pampanga — Widespread flooding and other weather-related incidents have affected more than 4.24 million people in Central Luzon, with 582 incidents recorded as of Sept. 3, the Office of Civil Defense (OCD) Central Luzon reported. OCD-Central Luzon Officer-in-Charge Shelby A. Ruiz said flooding hit 542 barangays in Bataan, Bulacan, Nueva Ecija, Pampanga, […]

Stocks rise on bargain hunting, peso recovery

PHILIPPINE STOCKS climbed on Thursday amid bargain hunting and the peso’s slight rebound against the greenback, with investors taking positions before the release of August inflation data. The Philippine Stock Exchange index rose by 0.27% or 16.19 points to close at 6,069.42, while the broader all shares index went up by 0.51% or 17.20 points […]

DoTr confident it can complete much-reduced 30-project lineup

THE Department of Transportation (DoTr) said it is optimistic about completing the 30 flagship projects that it will receive funding for under the proposed 2027 National Expenditure Program (NEP). In the 2027 NEP, the DoTr was allocated P300.96 billion, Acting Transportation Secretary Giovanni Z. Lopez told the House appropriations committee on Thursday. The NEP total […]

PHL credibility with foreign investors hurt by business costs; charter-level reforms urged

THE PHILIPPINES needs to build credibility with foreign investors’ reforms by bringing down the cost of doing business and pursuing legal reforms at the constitutional level, a senior lawyer said.

P60B seen needed per 2,000 MW of capacity to de-risk geothermal dev’t

THE Department of Energy (DoE) said it is ready to tap multilateral banks again to de-risk further geothermal power development , which it estimated would require about P60 billion to unlock 2,000 megawatts (MW) of potential capacity. Energy Secretary Sharon S. Garin added that the DoE is open to initiating fresh talks with the Asian […]

Agri dep’t expects to start building FMRs in October

AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. said he expects the Department of Agriculture (DA) to start building farm-to-market roads (FMRs) next month, after the DA took over the program from the Department of Public Works and Highways. Speaking on the sidelines of the DA budget hearing at the House of Representatives, Mr. Laurel told […]

MBC urges ease-of-doing-business reforms to restore public confidence

THE Makati Business Club (MBC) said legislators need to pass reforms to make it easier to do business to help restore public confidence in the government. “What needs to be done is to bring back the confidence of the public in government,” MBC Chairman Edgar O. Chua told reporters on the sidelines of an event […]

Battery storage, power barges expected to help resolve power problems in Visayas, Mindanao

THE Department of Energy (DoE) is hoping to resolve the persistent grid alerts experienced in the Visayas and Mindanao before the end of the year, adding that it plans to deploy power barges and battery energy storage systems. “The barges will be coming in,” Energy Secretary Sharon S. Garin said on the sidelines of an […]

DA evaluating Chinese technology to modernize PHL farming practices

THE Department of Agriculture (DA) said on Thursday it is studying the use of smart farming technology from China aimed to modernize farming in the Philippines. Agriculture Secretary Francisco P. Tiu Laurel, Jr. visited the Zhejiang Huihong Fruit and Vegetable Farm in China on Aug. 24, inspecting digital systems used to monitor crops and manage […]

Anker Innovations Unifies Its Brands Under a Single Name: Anker

Announces first standalone Anker store in Berlin, introduces Anker MindBase, a local AI hub for the home, an expanded audio lineup featuring its proprietary THUS AI chip, and new products across charging, home energy, robotics and more Berlin, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Almost 15 years after selling its first battery product, Anker Innovations today announced that its five brands will be unified under a single name, Anker. The company also announced the opening of its first standalone st

Amid AI Boom, Verisk Launches New View of U.S. Data Center Exposure, Helping Insurers Assess Growing Concentrations of Risk

New resource provides building-level information on more than 2,500 U.S. data center facilities BOSTON, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading strategic data analytics and technology partner to the global insurance industry, today announced a new U.S. Data Center Exposure Database designed to help insurers, reinsurers and brokers better understand and manage one of the fastest-growing concentrations of risk. The database provides building-level geocoding, facility fo

EARLY CLOSURE OF SUBSCRIPTION PROCESS FOR 8TH TRANCHE OF UAB "KVARTALAS" BONDS

UAB "Kvartalas”, legal entity code 305475438, with its registered address at Jogailos st. 4, Vilnius, Lithuania, hereby announces that, due to sufficient investor demand, it has been decided to close the subscription process for the offering of the 8th tranche of bonds (ISIN LT0000411167) with effect from the time of this announcement. New subscription orders are no longer accepted. As of the time of this announcement, Nasdaq Exchange Members shall not accept any new subscription orders from inv

ClinHope Officially Establishes Hong Kong Branch to Strengthen Asia-Pacific Market Presence

TAIPEI, Sept. 3, 2026 /PRNewswire/ -- ClinHope today announced the official establishment of its Hong Kong branch. Following its operations in Taiwan and the United States, this marks another step in expanding into the Asian market and deepening its global service footprint. As the biotech, pharmaceutical, and medical device industries continue to move toward international development, ClinHope is committed to supporting clients with professional services in clinical research, regulatory affairs

Wieson Technology and Guangdong Huayan Robotics Announce Strategic Partnership

Joining Forces to Advance Embodied AI and Collaborative Robotics TAIPEI, Sept. 3, 2026 /PRNewswire/ -- As embodied AI, artificial intelligence (AI), and smart manufacturing continue to advance, collaborative robots are being adopted at an accelerating pace across new energy, electronics manufacturing, automotive, and industrial automation applications, driving a corresponding rise in demand for highly reliable connectors, flexible cables, and durable interconnect solutions. Wieson Technology Co.

CityUHK neuroscientist crack code on brain multitasking, uncovering neural mechanisms behind cognitive bottlenecks

HONG KONG, Sept. 3, 2026 /PRNewswire/ -- It is commonly perceived that multitasking is highly inefficient, with the brain often "crashing" or scrambling when trying to do two things at once. A study co-led by Professor Yung Wing-ho, Chair Professor in the Department of Neuroscience at City University of Hong Kong (CityUHK), together with scholars from The Chinese University of Hong Kong, has explained the underlying cause, revealing how the brain dynamically reorganises itself to break through t

Zendure Introduces Agentic HEMS at IFA 2026: "The Home Energy Hub of the AI Era"

Zendure moves home energy beyond AI scheduling to a system-level intelligence that can predict, plan, and act on its own - powered by the proprietary ZenPulse forecasting model, ZENKI™ AI Agents, and the open Zen+OS platform. BERLIN, Sept. 3, 2026 /PRNewswire/ -- Zendure, a global pioneer of plug-in home energy management systems (HEMS), today unveiled its vision for "The Home Energy Hub of the AI Era" ahead of IFA 2026. At the show, the company will introduce Agentic HEMS, a system-level leap t

Virtune Lists Virtune Chainlink ETP on the Warsaw Stock Exchange

Warsaw, September 3, 2026 - Virtune, the Swedish regulated crypto asset manager, today announces the listing of the Virtune Chainlink ETP on the Warsaw Stock Exchange (GPW), marking its seventh listing in Poland. Virtune is a Sweden-based digital asset manager and issuer of crypto exchange-traded products (ETPs) that has earned the trust of more than 160,000 investors across Europe. Since entering the Polish market in February 2026, Virtune has listed a total of seven crypto ETPs on the Warsaw S

Metro Cebu's air quality hits 'acutely unhealthy' level

CEBU CITY — Air quality across Metro Cebu worsened as the Air Quality Index (AQI) climbed to 215 on Wednesday afternoon, prompting several local governments to suspend face-to-face classes in public schools. The Environmental Management Bureau Central Visayas (EMB-7) on Wednesday recorded an AQI of 203 at 6 a.m., 208 at 11 a.m. and 215 at 3 p.m. at its monitoring station in Talisay City. The readings placed air quality at the “acutely unhealthy” level and prompted authorities t

Canada 10-year yield slips as global bond markets recover

Ascentiz Brings H + K to IFA 2026, Showcasing the World's First Modular Exoskeleton Platform

One wearable base, interchangeable joint modules and an open platform underneath. BERLIN, Sept. 3, 2026 /PRNewswire/ -- Ascentiz is bringing its H and K modules to IFA 2026, showcasing the world's first modular exoskeleton platform: one shared Exo-Belt, interchangeable joint modules and an open software platform designed to expand over time. Ascentiz-H focuses on hip propulsion for walking, climbing, running and faster-paced movement. Ascentiz-K brings Adaptive Knee Augmentation, combining dynam