Philippines Business News

Subic airport winning bidder could qualify for 16 years of 5% special tax — PPP Center

THE winning bidder for the Subic Bay International Airport (SBIA) project will receive fiscal incentives, including up to 16 years of a special 5% tax, to encourage long-term private sector investment, the Public-Private Partnership (PPP) Center said. “The concessionaire may qualify for a 5% Special Corporate Income Tax for up to 16 years from the […]

Recto encourages US investors to develop PHL skills base

THE government has invited US companies to “stay in the Philippines,” expand their operations, develop the talent base, and help the country move into higher-value segments of the supply chain.

JFC forum participants call for clarity on cross-border services tax rules

BUSINESSES need enhanced clarity and consistency regarding Philippine tax rules governing cross-border services, according to participants at a roundtable organized by the Joint Foreign Chambers (JFC). “For the Joint Foreign Chambers of the Philippines, tax certainty is an important component of the investment environment, affecting how companies plan operations, structure transactions, and make investment decisions,” […]

PHL signs air service agreement with Iceland

THE PHILIPPINES has signed its first ever air service agreement with Iceland, paving the way for daily flights between Manila and Reykjavík, the Department of Transportation (DoTr) said. “This agreement will serve as the foundation for our future air transportation relationship and will provide our airlines with a framework to explore new opportunities for connectivity […]

Sugar producers see artificial-sweetener rules boosting orders from food industry

THE United Sugar Producers Federation of the Philippines (UNIFED) said on Thursday that the Sugar Regulatory Administration’s (SRA) regulation of artificial-sweetener imports will force food manufacturers to buy domestic sugar. UNIFED President Manuel R. Lamata said that the SRA’s order is “the best thing that has happened to the sugar industry,” adding that the impact […]

MAP upbeat over PHL recovery next year

THE Management Association of the Philippines (MAP) said it is hoping that the Middle East crisis resolves itself by next year, adding that it expects the spending boost from the runup to the 2028 elections to buoy the economy. “We’re hopeful for 2027,” MAP President Donald Patrick L. Lim told reporters on the sidelines of […]

PHL, UK exploring IC design, semiconductor tie-ups

THE PHILIPPINES and the UK are looking at opportunities to further expand trade and investment, with a focus on high-value industries including semiconductors and integrated circuit (IC) design, the Department of Trade and Industry (DTI) said. At a meeting with UK Trade Commissioner for Asia Pacific Martin Kent on Aug. 11, both sides looked into […]

Northern lights closer? Philippines, Iceland open door to daily flights

The agreement could lay the groundwork for daily flights between the Philippines and Iceland, though no airline has announced plans to use the new rights

Mynt's Pebbles Sy: In the AI era, trust must move as fast as technology

The conversation is no longer about whether organizations should embrace AI.

Fed’s Musalem keeps options open for September meeting

Transactions by persons discharging managerial responsibilities and/or persons closely associated

COMPANY ANNOUNCEMENT NO 45/2026 - August 20, 2026 Royal Unibrew A/S hereby announces, pursuant to Article 19(3) of Regulation (EU) No 596/2014 on market abuse, the following transactions in shares of Royal Unibrew A/S carried out by persons discharging managerial responsibilities and/or persons closely associated with them. 1Details of the person discharging managerial responsibilities/person closely associateda)NamePeter Ruzicka2Reason for the notificationa)Position/statusChair of the Board of

Final terms for mortgage-covered bonds (SDRO's) issued by Realkredit Danmark A/S

Realkredit Danmark will open new mortgage-coverd bonds (SDRO's). The new mortgage-covered bonds will be admitted to trading on Nasdaq Copenhagen. The new mortgage-covered bonds are covered by the "Base prospectus for mortgage-covered bonds and mortgage bonds issued by Realkredit Danmark A/S."​ The base prospectus is available on Realkredit Danmark's website at www.rd.dk/Investor. The final terms are hereby published. Please contact Hella Gebhardt Rønnebæk on tel. +45 45 13 20 68 if you have any

LEPAS Expands Global NEV Footprint with Multi-Market Rollout in Q3 2026

WUHU, China, Aug. 20, 2026 (GLOBE NEWSWIRE) -- LEPAS, Chery Auto's all-new NEV brand, is expanding its global NEV footprint with a differentiated product portfolio built on its dedicated intelligent LEX Platform. Tailored to customer needs and regulatory requirements across different regions, LEPAS is advancing localized product deployment, vehicle tuning, and services. In the third quarter of 2026, multiple NEV models, including the LEPAS L8 PHEV, LEPAS L6 EV, LEPAS L6 PHEV, and LEPAS L4 EV, wi

Three Kingdoms: Throne War Opens Pre-Registration Across Six Southeast Asian Markets Featuring Mark Lee as the Witty Alliance Lord

SINGAPORE - Media OutReach Newswire - 20 August 2026 - Three Kingdoms: Throne War, a brand-new Three Kingdoms strategy mobile game developed by BBGame and published by Wayelite Entertainment Tech Limited, a Hong Kong subsidiary of Wayi International Digital Entertainment Corporation, has officially launched pre-registration across six Southeast Asian markets including Singapore, Malaysia, Thailand, Vietnam, the Philippines, and Indonesia. The game is scheduled to launch in the regions soon. Thre

Building a workplace culture Gen Z can trust, shape and grow into

For many young professionals, opportunities and culture are experienced through everyday interactions, leadership behaviors, access to growth, support for well-being and the extent to which employees feel heard.

Crypto News: Pepeto (PEPETO) Nears 50,000 Holders as Ethereum Price Eyes $10,000 and Shiba Inu's Story Repeats

DUBAI, United Arab Emirates, Aug. 20, 2026 (GLOBE NEWSWIRE) -- The crypto news everyone is sharing this week belongs to Pepeto (PEPETO), the DeFi project nearing 50,000 holders as its platform launch enters the final stretch. The timing could not be sharper, because the Ethereum price is outrunning Bitcoin in this recovery with $10,000 on the table, and Pepeto's early curve is drawing eyes across the market. Investors are following every stage closely as the project clears its final rounds befor

Pixevety named exclusive Australian reseller of Finalsite's industry-leading school engagement platform

SYDNEY, Aug. 20, 2026 /PRNewswire/ -- Pixevety, Australia's leading school safeguarding media management solution, today announced it has been appointed the exclusive reseller of Finalsite's products in Australia, marking a significant milestone in bringing world-class school communication and engagement technology to Australian educators. The strategic partnership will give Australian schools long awaited access to Finalsite's award-winning school websites, mobile apps, marketing services, comm

Manila pays tribute to 'Da King' Fernando Poe Jr. on birth anniversary

MANILA, Philippines — The Department of Tourism, Culture and Arts of Manila (Dtcam) paid tribute to the late Fernando Poe Jr. on his 87th birthday. Also known as the King of Philippine Movies, Poe died in 2004. He was posthumously conferred the title of National Artist for Film. "In his movies, it was not only the courage and kindness of a hero that was shown—he embodied the story of the ordinary Filipino. Many of his characters reflect...the strength of Manileños," the Dtcam

cBrain returns to growth and expects more than 15% growth in H2 2026

Company Announcement no. 09/2026 cBrain returns to growth and expects more than 15% growth in H2 2026 Copenhagen, August 20, 2026 We have returned to growth "The first half of 2026 marked an important turning point for cBrain® (NASDAQ: CBRAIN). After a period of strategic investments and adding market segment focus, we have returned to growth and expect revenue growth of more than 15% in the second half of the year." During the first half of 2025 and the second half of 2025, cBrain reported that

IRIS Optronics Pushes Infinity® Solar-Powered ChLCD E-Paper Technology to New Heights with 31.5-Inch Outdoor Display and Embedded Perovskite Indoor Solution

TAIPEI, Aug. 20, 2026 /PRNewswire/ -- IRIS Optronics, a leading developer of full-color Cholesteric Liquid Crystal Display (ChLCD) e-Paper, today announced significant advances in its Infinity® solar-powered ChLCD e-Paper series, including a 31.5-inch large-format outdoor commercial display, making it the only mass-producible product of its size currently available on the market. At the same time, the company has developed an embedded perovskite-powered ChLCD e-Paper solution for indoor display.

Baidu's Apollo Go Goes Live on Uber in Dubai, Offering a New Way for Users to Hail Fully Driverless Rides

Baidu's fully driverless Apollo Go vehicles are now available to riders on the Uber platform in Dubai, the first market where this partnership comes to reality.Riders may be matched with an Apollo Go vehicle when booking Uber Comfort or UberX, or by selecting the "Autonomous" option in the Uber app.Dubai marks the first city where Apollo Go has established a dual model, offering both self-operated and partner-based autonomous ride-hailing services internationally.DUBAI, UAE, Aug. 20, 2026 /PRNew

Shakira, Christina Aguilera concerts in Abu Dhabi canceled

DUBAI — Entertainment organizers have announced the cancellation of a UAE concert by US singer Christina Aguilera and a festival featuring Shakira in Abu Dhabi, amid the ongoing Middle East war. Iran has pressed attacks on Emirati ships in recent weeks, after a ceasefire fell apart last month. The United Arab Emirates on Tuesday said it is suspending all trade and financial dealings with Iran after reporting an Iranian missile attack directed at its ships. Against this backdrop, the organi

New Crypto Pepeto Confirms a Bridge Upgrade While Bitcoin Price Explodes and 90% of the Presale Stage Is Already Gone

DUbai, UAE, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Pepeto (PEPETO) has confirmed fresh progress on a major upgrade to its cross-chain bridge, the update one of 2026's most followed new crypto projects was expected to drop. Many in the market now call it the meme coin of this cycle, and the timing could not sit better, because the Bitcoin price is exploding and the quiet phase that opens every bull run is playing out again. The current crypto presale stage has passed 90% of its allocation, and the upd

Odysight.ai Inc. Announces Pricing of $11 million Public Offering of Common Stock

Ramat Gan, Israel, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Odysight.ai Inc. (the "Company”) (Nasdaq/TASE: ODYS) today announced the pricing of its public offering of 3,437,500 shares of its common stock at a public offering price of $3.20 per share. The gross proceeds to the Company from the offering are expected to be $11 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. All shares in the offering are being sold by the Company. In