Philippines Business News

Ex-PBB housemate Edward Barber announces engagement

MANILA, Philippines — Former “Pinoy Big Brother” housemate Edward Barber is engaged to his non-showbiz partner, Ricki Umali. Barber shared the news while speaking at Favor Church Manila, where he serves as a pastor-in-training. He recalled being single the last time he spoke at the church before revealing that his relationship status had changed. “From the last time I was here, I’m now in an awesome relationship. Don’t tell me that God is not real. I used to b

Guide Launches MobIR 3.0, Bringing Professional-Grade Thermal Imaging to Smartphones

WUHAN, China, Aug. 19, 2026 /PRNewswire/ -- Guide, a global leader in infrared thermal imaging technology, announced the launch of MobIR 3.0, a new-generation dual-vision thermal camera compatible for iOS & Android smartphones. Powered by Guide's ApexVision Ultra-Clarity Imaging Technology(NETD≤15mK), MobIR 3.0 captures subtle temperature differences and fine details. Its dual-vision capability helps users quickly locate hotspots, while a built-in AI Assistant provides intelligent guidance for a

D-Link Expands DAP-E3620 Series BE3600 Wi-Fi 7 Enterprise Access Point

Deliver Wi-Fi 7 Connectivity for Modern Enterprise Environments TAIPEI, Aug. 19, 2026 /PRNewswire/ -- D-Link Corporation (TWSE: 2332), a global leader in networking and connectivity solutions, today announced the DAP-E3620 Series, a new family of BE3600 Wi-Fi 7 Enterprise Access Points designed to deliver secure, reliable, and high-performance wireless connectivity for modern business environments. Paired with D-Link's DMS-1250 Series 2.5Gbps Multi-Gigabit Ethernet PoE Switches, the DAP-E3620 Se

DomoAI Launches Seedance 2.5 and MiniMax H3 in Omni Reference for Long-Form Character Storytelling and Music Video Creation

SINGAPORE, Aug. 19, 2026 /PRNewswire/ -- DomoAI today launched Seedance 2.5 and MiniMax H3 in Omni Reference, giving creators two ways to build longer projects around the same character: scene-by-scene storytelling and music-led performance. Seedance 2.5 is aimed at a problem familiar to anyone making an animated series or motion comic. A character may look right in one shot, then change face, clothing, or proportions in the next. Omni Reference lets creators carry the same visual references acr

Bata Presents the CJ National Cheerleading Competition 2026, Inspiring the Next Generation Through Sport and Education

KUALA LUMPUR, Malaysia, Aug. 19, 2026 /PRNewswire/ -- CJ Sports Academy is proud to present the CJ National Cheerleading Competition 2026, one of Malaysia's premier grassroots cheerleading championships for primary school students, which took place on Saturday, 15 August 2026, at Arena Sukan Kuala Lumpur. Bata Presents the CJ National Cheerleading Competition 2026, Inspiring the Next Generation Through Sport and Education Now in its third consecutive year, the championship continues to grow as a

Strong growth from Vyepti® and focused commercial execution drive total revenue growth of +16% CER (+13% CER underlying) in H1 2026

VALBY, Denmark, Aug. 19, 2026 /PRNewswire/ -- Key highlights Lundbeck's total revenue grew by +16% CER[1] (+11% DKK) to DKK 13,588 million in the first six months of 2026, with the U.S. and Europe delivering double-digit growth. The performance reflected continued strong commercial momentum, driven by Vyepti® and Rexulti®, and was further shaped by the transition to a partnership model in 27 markets[2], which is progressing according to plan. Adjusting for the planned one-time DKK 470 million in

Unitree soars in Shanghai debut, a milestone for China’s humanoid robotics sector

SHANGHAI/BEIJING — Shares in Unitree, China’s best-known humanoid robot maker, soared nearly six-fold in its Shanghai trading debut, in a landmark moment for the country’s robotics sector which has become a key battleground in the Sino-US tech war. Unitree, which competes with Hyundai Motor Group-owned Boston Dynamics and Tesla, has drawn global attention for its […]

Botolan roads impassable for light vehicles as floodwaters rise

BOTOLAN, Zambales — The provincial disaster office here reported on Wednesday that a section of road in Barangay Binuclotan has been rendered impassable for light vehicles due to rising floodwaters brought about by the monsoon rains. In an advisory issued at 11:00 a.m. on Aug. 19, 2026, the Provincial Disaster Risk Reduction and Management Office (PDRRMO) stated that motorcycles, tricycles, and sedans are currently unable to traverse the flooded thoroughfare. The water level in the area ha

[In This Economy] Apocalyptic rains and their economic costs

What do weeklong rains cost an economy already struggling to grow? And how might we fare with climate change only expected to worsen in coming years?

Vaultik Collaborates with Chubb to Connect AI-Powered Watch and Jewellery , Valuation to Insurance

New digital experience allows eligible watch and jewellery owners to authenticate and value items from a picture, wherever they are, before accessing a Chubb insurance quote within the same app New York, NY, Aug. 19, 2026 (GLOBE NEWSWIRE) -- Vaultik has announced a new collaboration with Chubb, a leading global insurer, to provide watch and jewellery owners with a connected digital route from authentication and valuation to an insurance quote. Through the Vaultik experience, collectors and eligi

PlanRadar AI Agents Close the Gap Between What Happens on a Project and What Gets Done

AI Agents act automatically when needed, without waiting for approval, while judgement stays with the people who know the work best. CHICAGO, Aug. 19, 2026 (GLOBE NEWSWIRE) -- Today, PlanRadar, a leading platform for 360° digital documentation, communication and reporting in construction, facility management and real estate projects, announces PlanRadar AI Agents. Built to close the follow-up gap, AI Agents give teams time back and scale follow-up without adding headcount. Every construction, re

Travelling during ‘Shoulder Season’ could save Brits over a quarter on airfares

LONDON, Aug. 19, 2026 (GLOBE NEWSWIRE) -- New research fromKAYAK shows flying abroad this September and October costs on average 26% less than during the July-August peak, making 'shoulder season' a smart window for UK travellers to escape the crowds without overspending. KAYAK's Shoulder Season Savings Guide reveals the ten countries with the steepest price drops compared to summer 2026, with the majority being short-haul destinations well suited to a quick European break. Albania tops the list

Nokia ranked No. 1 for mobile core portfolio competitiveness in Omdia’s 2026 market landscape report

Press Release Nokia ranked No. 1 for mobile core portfolio competitiveness in Omdia’s 2026 market landscape report Recognition highlights Nokia’s leadership across all aspects of 5G core, with products that help operators modernize their networks for the AI era. Espoo, Finland - For the second consecutive year, Nokia has been ranked No. 1 for mobile core portfolio competitiveness in Omdia’s "Market Landscape: Core Vendors” report. The 2026 edition named Nokia a leader across all seven competitiv

Apollo Group completed the acquisition of Lithuanian catering companies

Apollo Group OÜ has completed the transaction to acquire 100% shares in the Lithuanian companies RESTORANI DVYLIKA UAB (Lithuanian registry code 307089481) and CCF KAVINĖS UAB (Lithuanian registry code 307088123). A stock exchange announcement regarding the signing of the acquisition agreement has already been published: https://view.news.eu.nasdaq.com/view?id=1443820&lang=en Additional information: Toomas Tiivel Chairman of the Management Board +372 550 5285 toomas.tiivel@apollogroup.ee

ABS-CBN talks up its ‘new’ future, but its new owners weren’t in the room

Every box on Wednesday’s agenda of ABS-CBN's annual stockholders' meeting had been ticked, but outside that agenda, the harder work was only beginning

FOMC minutes ahead; Target, Analog Devices to report - what’s moving markets

Three tropical depressions on PAGASA’s monitoring; southwest monsoon to still batter Luzon

Three tropical depressions are being monitored within and outside the Philippine Area of Responsibility (PAR), as the southwest monsoon brings intense rains over Luzon, according to the state weather bureau on Wednesday. The lone storm within PAR, Tropical Depression Neneng, was located 675 kilometers east of Itbayat, Batanes, the Philippine Atmospheric, Geophysical and Astronomical Services […]

Hormuz shipping traffic slows as Iran war uncertainty persists - Reuters

[Vantage Point] What is ABS-CBN’s stock-market listing still worth?

The burden of proving the economic usefulness of ABS-CBN's listing on the Philippine Stock Exchange has changed

China unfolds AI landscape with diversified local strengths

CHINA is leveraging nationwide capabilities to forge a locally tailored but nationally coordinated AI industry landscape to generate fresh momentum for broader commercial deployment. The latest economic data from the 31 provincial-level regions presents an overall artificial intelligence sector featuring the surging demand for AI terminal applications with a tiered development layout based on regional advantages. “The driving role of AI wave is becoming increasingly pronounced in emerging

American Fusion Inc. (OTC: AMFN) Receives FINRA Clearance of Form 211 Under SEC Rule 15c2-11

Alpine Securities Corporation Cleared as Sponsoring Market Maker, Resolving Final Open Item in Company’s OTCQB Venture Market Application Process SOUTHLAKE, Texas, Aug. 18, 2026 (GLOBE NEWSWIRE) -- American Fusion Inc. (OTC: AMFN) ("American Fusion” or the "Company”), developer of the proprietary Texatron™ Fusion Engine™, has received notification that the Financial Industry Regulatory Authority ("FINRA”) has cleared the Form 211 filed on the Company’s behalf by Alpine Securities Corporation ("A

Lufax Reports Second Quarter 2026 Financial Results

Represents Key Milestone as Company Executes Plan to Return to a Normal Reporting Cadence SHANGHAI, Aug. 19, 2026 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced its unaudited financial results for the second quarter ended June 30, 2026. Second Quarter 2026 & First Half 2026 Financial Highlights Total income was RMB6,227 million (US$918 million) in the second quarter o

ZTO Reports Second Quarter 2026 Unaudited Financial Results

10.5 Billion Parcels Expanded Market Share to 19.9% Adjusted Net Income Increased 50.3% to RMB3.1 Billion SHANGHAI, Aug. 19, 2026 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the second Quarter ended June 30, 2026[1]. The Company grew parcel volume by 6.5% year over year while maintaining high quality of service and customer satisfact

US expands charges against Iranians in massive hacking scheme

NEW YORK — US authorities expanded its prosecution of a sprawling Iranian hacking network Tuesday, bringing to 17 the number of indicted suspects for an alleged campaign against universities, companies, and government agencies. The Department of Justice unveiled a new indictment targeting eight additional individuals, with nine of the 17 defendants having already been indicted in 2018. Prosecutors are offering a $10 million reward for information leading to the prosecution of five of them,