Philippines Business News

Ukraine strikes Russian space centre linked to Rassvet satellite network

Dizon inspects highway rehab, flood control project in 2 Bulacan areas

MANILA, Philippines — Public Works and Highways Secretary Vince Dizon wasted no time as he made several inspections on projects amid the rainy season, the latest of which was the ongoing rehabilitation and upgrading of the pothole-ridden Doña Remedios Trinidad (DRT) Highway in Baliwag City, Bulacan. Dizon conducted the inspection with Mayor Sonia Estrella to check the progress of the project, which was carried out in response to complaints about potholes along the highway, and ensur

Ejercito ensures transparency in P7.2T budget deliberations

CEBU CITY — Amid the ongoing impeachment trial of Vice President Sara Duterte and the controversy surrounding flood-control projects, Sen. Joseph Victor Ejercito said the Senate will keep deliberations on the proposed P7.2-trillion national budget for 2027 open and transparent. Ejercito, the new chairman of the Senate Committee on Finance, said the budget process would add to the workload of senators, who attend the impeachment trial in the morning and plenary sessions in the afternoon. &l

China’s arrest of Filipinos seen as a warning to Manila

MANILA, Philippines — China’s high-profile arrest of allegedly more than 100 undocumented Filipino workers could be a warning to Manila that Beijing was prepared to respond to actions against Chinese citizens in the Philippines, according to a Manila-based policy institute. In an interview, Asia-Pacific China Studies Institute (ACPSSI) president Herman Tiu Laurel said the arrests themselves were consistent with Chinese immigration and labor laws, but argued that the decision by Chine

Norwegian proponent's walkout halts Iloilo AI data center plans

ILOILO CITY — What was supposed to be a public consultation on a proposed 50-megawatt (MW) AI data center in Oton, Iloilo, ended in uncertainty after its Norwegian proponent abruptly walked out and declared that there was no reason to continue the discussion amid mounting opposition from the residents. Daniel Stefan Robertsen, who presented the project under Norway Green Energy, was pitching the development of a 10-hectare hyperscale AI data center campus in Barangay Abilay Sur, Oton, duri

Lady Chiefs make strong statement, sweep Lady Knights

MANILA, Philippines — Arellano University drew first blood with a statement sweep of reigning NCAA champions Colegio de San Juan de Letran, 25–20, 25–22, 25–15, on opening day of the 2026 V-League Collegiate Challenge on Saturday at Gameville Central Park in Mandaluyong City. A strong start in the third set turned into a decisive blow for the Lady Chiefs, who maintained their clinical run to the finish behind wing spikers Cassey Florida and Heart Villaflores. Florida, how

US presses Apple to avoid Chinese memory chips amid shortage - WSJ reports

[Vantage Point] Solar Para sa Bayan: When public privilege meets accountability

Senator Loren Legarda's defense that 'no public funds were involved' does not fully dispose of the controversy. Public resources are not confined to money released from the Treasury.

Earth Is Running Out of Power for AI. One Tech Expert Explains Why Musk's Answer Is to Put Data Centers in Space.

As AI strains the power grid, this Tech Expert breaks down Musk's audacious orbital plan, the reasoning behind it, and why it could reshape the future of AI computing. Baltimore, MD, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Artificial intelligence has run into a very physical limit: there may not be enough electricity on Earth to feed it. James Altucher explains why that shortage is behind one of Elon Musk's most audacious ideas, launching data centers into orbit. Why Earth Is Running Out of Power for

U.K. steps up defense supply-chain checks after naval drones signal China

Luzon, Western Visayas will have scattered rain showers, thunderstorms

The southwest monsoon (habagat) is still affecting Luzon and the Visayas, bringing scattered rain showers or thunderstorms, the state weather bureau Pagasa said early Saturday morning. In its 4 a.m. weather advisory, Pagasa said that Metro Manila, the Ilocos Region, the Cordillera Administrative Region, Cagayan Valley, Central Luzon, Calabarzon (Cavite, Laguna, Batangas, Rizal, and Quezon), Occidental Mindoro, and Oriental Mindoro would have cloudy skies with scattered rain showers and thunderst

Partners Value Investments L.P. Announces Q2 2026 Interim Results

TORONTO, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Partners Value Investments L.P. (the "Partnership”, TSXV:PVF.UN, PVF.PR.U) announced today its financial results for the three and six months ended June 30, 2026. All amounts are stated in United States dollars ("US dollars"). The Partnership recorded net income of $15 million for the three months ended June 30, 2026, compared to a net loss of $6 million in the prior year period. The increase in income was primarily driven by foreign currency translatio

Partners Value Investments Inc. Announces Q2 2026 Interim Results

TORONTO, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Partners Value Investments Inc. (the "Company”, TSXV: PVF.PR.V, PVF.A) announced today its financial results for the three and six months ended June 30, 2026. All amounts are stated in United States dollars ("US dollars"). The Company recorded a net loss of $145 million for the three months ended June 30, 2026, compared to a net loss of $135 million in the prior year period. The increase in net loss was primarily due to higher remeasurement losses assoc

New Earth Resources Announces Adoption of Quarterly Reporting Exemption under Coordinated Blanket Order 51-933

August 14, 2026 | Source: New Earth Resources Corp. Vancouver, British Columbia, Aug. 14, 2026 (GLOBE NEWSWIRE) -- NEW EARTH RESOURCES CORP. (CSE: EATH) ("New Earth" or the "Company") is pleased to announce that it has elected to rely on Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers and move to semi-annual financial reporting ("SAR"). Coordinated Blanket Order 51-933 allows eligible venture issuers listed on the Canadian Securities Exchan

Partners Value Split Corp. Announces 2026 Semi-Annual Results

TORONTO, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Partners Value Split Corp. (the "Company”, TSX: PVS.PR.H, PVS.PR.J, PVS.PR.K, PVS.PR.L, PVS.PR.M, PVS.PR.U, PVS.PR.V) announced today its financial results for the six months ended June 30, 2026. All amounts are in United States dollars ("US dollars"). Income available for distribution for the six-month period ended June 30, 2026, was $50 million compared to $48 million in the prior year period. The increase in income was primarily due to the increase i

Citizens Commission on Human Rights International Releases White Paper on Antidepressants and Psychiatric Drug Reform

Federal deprescribing push and Florida’s new guidance underscore CCHR’s decades-long call to prevent misdiagnosis, harmful drugs, and needless suffering. Los Angeles, CA, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Citizens Commission on Human Rights International, an international mental health industry watchdog, has released a white paper titled "Antidepressants: A Public Health Catastrophe - Evidence of Harm, Decades of Cover-Up, and the Urgent Need for Reform.” The paper is available on CCHR Internati

Avicanna Reports Q2 2026 Financial Results

Gross margin improves to 57%, supported by 48% quarterly growth in proprietary product sales QUIX™ rapid-onset portfolio prepared for Q3 launch with more than 35 commercial listings secured TORONTO, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Avicanna Inc. ("Avicanna” or the "Company”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), a biopharmaceutical company focused on the development, manufacturing and commercialization of plant-derived cannabinoid-based products, is pleased to announce its financial results fo

Mark-Dana Corporation Opens Lost Oaks, New Affordable Housing Community in North Central Houston

Lost Oaks delivers 78 affordable, energy-efficient homes as area rents climb faster than the rest of Houston metro Lost Oaks, 810 Oak St, Houston, Texas 77018, Courtesy Mark-Dana Corporation HOUSTON, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Mark-Dana Corporation today announced the opening of Lost Oaks, a new $25.9 million affordable multifamily housing community in north central Houston. Now 60 percent leased, the property offers 78 modern apartment homes for working individuals and families. The proj

DOTr, DOT join forces to boost tourism, aim for lower airfares with upgraded runways

MANILA, Philippines — Transportation Secretary Giovanni Lopez on Friday revealed that he met with Tourism Secretary Dita Angara-Mathay and discussed key infrastructure projects aimed at strengthening the country's tourism sector and encouraging both local and international travelers to explore the Philippines' premier destinations. The meeting, Lopez said, was held in line with President Ferdinand Marcos Jr.'s directive for the transportation department to enhance inter-agency collaboratio

ADNOC vessel attacked in Hormuz as Trump defends extended carrier deployment

Notice of Settlement of Shareholder Derivative Actions

ST. LOUIS, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Latch, Inc., (DOOR) today released the following pursuant to an Order of the U.S. District Court for the Southern District of New York. UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK IN RE LATCH INC. DERIVATIVE LITIGATIONLead Case No. 1:23-cv-01273-JGK EXHIBIT D SUMMARY NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF STOCKHOLDER DERIVATIVE ACTION TO: ALL RECORD HOLDERS AND BENEFICIAL OWNERS OF LATCH, INC. ("LATCH” OR THE "COMPANY”) COMMON ST

Sioux Honey, Giant Eagle Donate Nearly 5,000 Pounds of Honey to Help Pittsburgh Families Facing Food Insecurity

National Honeybee Day donation will provide 9,720 bottles of SUE BEE® Clover Honey to 412 Food Rescue for distribution across the Pittsburgh region Giant Eagle Giant Eagle Partners with Sioux Honey and 412 Food Rescue 412 Food Rescue 412 Food Rescue Partners with Sioux Honey and Giant Eagle Pittsburgh, PA, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Sioux Honey Co-op, the only beekeeper-owned honey cooperative in the United States and the maker of SUE BEE® and AUNT SUE’S®, partnered with Giant Eagle to do

ScottsMiracle-Gro Brings America250’s "Our American Story” to ScottsMiracle-Gro Field

NOTE: This release corrects earlier language that indicated the storytelling initiative will be the largest collection of oral and visual histories. It will be the largest collection of oral and visual histories related to the Semiquincentennial. COLUMBUS, Ohio, Aug. 14, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the leading marketer of branded consumer lawn and garden products in North America, is partnering with America250 to bring the Our American Story Airstream mob

American Fusion Inc. (OTC: AMFN) Engages Lucosky Brookman LLP as Securities and Capital Markets Counsel for Planned National Exchange Uplisting

Nationally Ranked Small and Micro-Cap Capital Markets Firm Retained for Registration Statement, Exchange Listing Application, and Ongoing SEC Reporting and Corporate Governance Matters SOUTHLAKE, Texas, Aug. 14, 2026 (GLOBE NEWSWIRE) -- American Fusion Inc. (OTC: AMFN) ("American Fusion” or the "Company”), developer of the proprietary Texatron™ Fusion Engine™, has engaged Lucosky Brookman LLP ("Lucosky Brookman” or the "Firm”) to serve as securities and capital markets counsel to the Company, wi