The Manila Times – Business

The Manila Times – Business

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Philippines business and markets news.

HyOrc Corporation Completes Sale and Shipment of 3-TPD Commercial Gasification Unit for Assam Municipal Project
NewsMay 25, 2026

HyOrc Corporation Completes Sale and Shipment of 3-TPD Commercial Gasification Unit for Assam Municipal Project

HyOrc Corporation announced the sale and shipment of its proprietary 3‑TPD high‑temperature gasification unit to the Assam Government Municipality in Guwahati, India. The equipment, designed to convert refuse‑derived fuel into syngas and biochar, is currently in transit and showcases HyOrc’s...

By The Manila Times – Business
Innomotics Drives Electrification of Industrial Heat Processes with Industrial Heat Pump Solutions
NewsMay 24, 2026

Innomotics Drives Electrification of Industrial Heat Processes with Industrial Heat Pump Solutions

Industrial heat pumps are emerging as a cornerstone of decarbonizing process heat, and Innomotics is supplying the motor and drive technology that makes them viable at scale. The German supplier’s solutions power the world’s largest heat pump at BASF, a...

By The Manila Times – Business
New Zealand FSP Progress: Futurionex Continues to Strengthen Platform Standardization and Transparency
NewsMay 24, 2026

New Zealand FSP Progress: Futurionex Continues to Strengthen Platform Standardization and Transparency

Futurionex is advancing its New Zealand Financial Services Provider (FSP) compliance by tightening account access, identity verification, and permission controls. The platform now publishes clearer trading rules, product descriptions, and operational limits to cut information asymmetry. It also places risk warnings...

By The Manila Times – Business
Sudden Changes in Mood and Weight? Let’s Decode It
NewsMay 23, 2026

Sudden Changes in Mood and Weight? Let’s Decode It

Healthkart’s latest press release highlights how hormonal shifts, stress, sleep deprivation, and nutrient deficiencies can cause concurrent mood swings and weight fluctuations. The company points to cortisol spikes, irregular sleep patterns, and abrupt lifestyle changes as primary drivers of metabolic...

By The Manila Times – Business
Fidelity Oil United Reserve ($FOUR) Announces Public Rollout of Oil-Reserve-Themed Crypto Brand
NewsMay 23, 2026

Fidelity Oil United Reserve ($FOUR) Announces Public Rollout of Oil-Reserve-Themed Crypto Brand

Fidelity Oil United Reserve ($FOUR) unveiled its official website, X channel, and smart‑contract address, marking the public rollout of its oil‑reserve‑themed meme coin. The project positions itself as a digital crude narrative rather than a generic meme token, aiming to...

By The Manila Times – Business
US Military Stages Rapid Response Drill at Embassy in Venezuela's Capital
NewsMay 23, 2026

US Military Stages Rapid Response Drill at Embassy in Venezuela's Capital

The U.S. military staged a rapid‑response drill at the newly reopened U.S. embassy in Caracas, deploying two Marine Corps Osprey aircraft that landed in the embassy parking lot. Venezuelan officials framed the exercise as preparation for medical or catastrophic emergencies,...

By The Manila Times – Business
Smile Train and Miss Cosmo Queens Champion Cleft Care Awareness
NewsMay 23, 2026

Smile Train and Miss Cosmo Queens Champion Cleft Care Awareness

Smile Train teamed with Miss Cosmo pageant winners for a visit to St. Vincent General Hospital in Marikina, Philippines. The event brought international beauty queens, patients, families, and local medical partners together to spotlight cleft lip and palate awareness and...

By The Manila Times – Business
India Generates Record Power as Demand Surges in Severe Heat Wave
NewsMay 22, 2026

India Generates Record Power as Demand Surges in Severe Heat Wave

India’s power grid set a new record on May 23, 2026, delivering a peak demand of 270.82 GW as an extreme heat wave pushed temperatures to 45.3 °C in New Delhi. The surge marked the fourth consecutive day of all‑time highs, driven largely...

By The Manila Times – Business
UAE Official: Odds of US-Iran Deal to End War '50-50'
NewsMay 22, 2026

UAE Official: Odds of US-Iran Deal to End War '50-50'

UAE presidential adviser Anwar Gargash said there is a "50‑50 chance" of a U.S.-Iran peace agreement, emphasizing that any cease‑fire must tackle the deeper sources of regional instability. He warned that Iran’s tendency to over‑negotiate could jeopardize a deal and...

By The Manila Times – Business
NATO Ministers Sound Out US on Trump's 'Confusing' Troop Moves
NewsMay 22, 2026

NATO Ministers Sound Out US on Trump's 'Confusing' Troop Moves

NATO foreign ministers gathered in Helsingborg to demand clarification from U.S. Secretary of State Marco Rubio after President Donald Trump announced a sudden deployment of 5,000 troops to Poland, reversing an earlier pull‑out from Germany. The move, tied to Trump’s...

By The Manila Times – Business
Remolona: BSP Eyeing Off-Cycle Rate Increase
NewsMay 22, 2026

Remolona: BSP Eyeing Off-Cycle Rate Increase

Bangko Sentral ng Pilipinas Governor Eli Remolona indicated the central bank could implement an off‑cycle interest‑rate hike before its June 18 policy meeting. The BSP raised its benchmark to 4.50% in April, a 25‑basis‑point move that officials now deem insufficient...

By The Manila Times – Business
Launch of the "Qinglan Program" In Beijing: CASWSS, Fudan Institute on Ageing and Neutech Group Jointly Build the "Hope Project"...
NewsMay 21, 2026

Launch of the "Qinglan Program" In Beijing: CASWSS, Fudan Institute on Ageing and Neutech Group Jointly Build the "Hope Project"...

The China Association of Social Welfare and Senior Service (CASWSS) and Fudan Institute on Ageing have launched the "Qinglan Program," a three‑year, free training and mentorship initiative for young elderly‑care directors, backed by Neutech Group. The pilot cohort will admit...

By The Manila Times – Business
Helium Evolution Announces Filing of First Quarter 2026 Financial Results
NewsMay 19, 2026

Helium Evolution Announces Filing of First Quarter 2026 Financial Results

Helium Evolution Inc. (TSXV:HEVI) filed its Q1 2026 interim report, showing a net loss of C$434,000 (≈US$321,000) and cash and cash equivalents of C$3.1 million (≈US$2.3 million). Total assets rose to C$20.3 million (≈US$15 million) with working capital of C$2.9 million (≈US$2.2 million). The company continues...

By The Manila Times – Business
Diana Shipping Inc. Releases Investor Presentation Highlighting Need for Change at Genco Shipping & Trading
NewsMay 19, 2026

Diana Shipping Inc. Releases Investor Presentation Highlighting Need for Change at Genco Shipping & Trading

Diana Shipping Inc. has launched a cash tender offer for Genco Shipping & Trading at $23.50 per share, a 31% premium to the undisturbed price and roughly 1.0 × Genco’s net asset value. The proposal is backed by $1.433 billion of fully committed...

By The Manila Times – Business
Verbal Beginnings to Expand in Maryland with New Early Intervention Autism Center in Lanham, MD
NewsMay 18, 2026

Verbal Beginnings to Expand in Maryland with New Early Intervention Autism Center in Lanham, MD

Verbal Beginnings is opening its ninth Early Intervention Autism Center in Lanham, Maryland, slated for August 2026. The facility will serve children ages 1‑5 across Prince George’s County, offering center‑based Applied Behavior Analysis alongside Speech‑Language Pathology, Occupational Therapy, and parent‑training...

By The Manila Times – Business
Otis College’s Annual O-Launch Exhibition Weekend Showcased Work by Graduating Artists and Designers
NewsMay 17, 2026

Otis College’s Annual O-Launch Exhibition Weekend Showcased Work by Graduating Artists and Designers

Otis College of Art and Design held its annual O‑Launch Exhibition Weekend on May 15‑16, 2026, featuring a campus‑wide showcase of graduating student work across ten majors. The event included an industry preview for employers, an alumni reception, and the...

By The Manila Times – Business
Infra Spending Pickup Seen After Q1 Plunge
NewsMay 17, 2026

Infra Spending Pickup Seen After Q1 Plunge

The Philippines' Department of Budget and Management (DBM) projects a rebound in infrastructure spending in the second quarter after a sharp contraction in the first quarter. First‑quarter infrastructure and capital outlays fell 43.5% to ₱147.8 bn (≈$2.6 bn), with DPWH disbursements down...

By The Manila Times – Business
Peso, Politics Seen Pressuring Equities
NewsMay 17, 2026

Peso, Politics Seen Pressuring Equities

The Philippine Stock Exchange index closed at 5,976.77, modestly up week‑on‑week but still below the 6,000 resistance level. A record‑weak peso at P61.72 per dollar is inflating import costs and stoking inflation fears. Combined with elevated oil prices, lingering interest‑rate...

By The Manila Times – Business
1Stop Translations Makes a Strong Entry Into the Video Games Industry
NewsMay 14, 2026

1Stop Translations Makes a Strong Entry Into the Video Games Industry

1Stop Translations announced its entry into the video‑games sector, becoming the official silver sponsor of Digital Dragons 2026 and an exhibitor at Gamescom 2026. The company highlighted its Red Pill Framework, which merges AI‑driven automation with human quality control to...

By The Manila Times – Business
BluSky AI Inc. Announces Launch of Regulation A+ Offering to Accelerate U.S. AI Infrastructure Expansion
NewsMay 14, 2026

BluSky AI Inc. Announces Launch of Regulation A+ Offering to Accelerate U.S. AI Infrastructure Expansion

BluSky AI Inc. announced a Regulation A+ offering that lets individual and accredited investors participate with as little as $1,000. The capital will fund the rollout of more than ten modular AI Factory sites across the United States, targeting a combined...

By The Manila Times – Business
BlockchAIn Appoints Christopher Iannacone to Lead Execution of AI Data Center Conversion
NewsMay 12, 2026

BlockchAIn Appoints Christopher Iannacone to Lead Execution of AI Data Center Conversion

BlockchAIn Digital Infrastructure announced the appointment of Christopher Iannacone as Director of Construction Execution to oversee the conversion of its utility‑backed mining sites into purpose‑built AI and high‑performance computing data centers. Iannacone brings more than 25 years of mission‑critical engineering...

By The Manila Times – Business
20/20 BioLabs Exclusively Licenses PSA Velocity Algorithm From the University of South Carolina
NewsMay 12, 2026

20/20 BioLabs Exclusively Licenses PSA Velocity Algorithm From the University of South Carolina

20/20 BioLabs announced an exclusive worldwide licensing deal with the University of South Carolina to commercialize a patented PSA velocity algorithm that flags rapidly rising prostate‑specific antigen levels. The tool identifies aggressive prostate tumors before PSA crosses the conventional 4.0 ng/mL...

By The Manila Times – Business
MMA.INC (NYSE American: MMA) Enters Exclusive 50/50 Revenue Share Peptide Partnership with Precision Peptide (CSE: BPC)
NewsMay 12, 2026

MMA.INC (NYSE American: MMA) Enters Exclusive 50/50 Revenue Share Peptide Partnership with Precision Peptide (CSE: BPC)

Mixed Martial Arts Group Limited (MMA.INC) announced an exclusive partnership with The Precision Peptide Company, granting MMA.INC a 50/50 share of net revenue from peptide sales sourced through its combat‑sports ecosystem for the first year, then 25% thereafter. The agreement...

By The Manila Times – Business
Cloudastructure Bolsters Leadership Team With Appointment of Fortune 100 Security Veteran as Chief Security and Operations Officer
NewsMay 12, 2026

Cloudastructure Bolsters Leadership Team With Appointment of Fortune 100 Security Veteran as Chief Security and Operations Officer

Cloudastructure, the Nasdaq‑listed AI surveillance specialist, announced the appointment of Ed Burnett as Chief Security and Operations Officer. Burnett brings over 30 years of enterprise security experience, including two decades leading UPS’s U.S. security and global fraud investigations. The company...

By The Manila Times – Business
PodcastOne (Nasdaq: PODC) Launches Original Podcast It's Okay, We're All Gonna Die and Acquires Life Happens with Barb and Michelle...
NewsMay 12, 2026

PodcastOne (Nasdaq: PODC) Launches Original Podcast It's Okay, We're All Gonna Die and Acquires Life Happens with Barb and Michelle...

PodcastOne (Nasdaq: PODC) announced the launch of the original series "It's Okay, We're All Gonna Die" with hospice nurse Julie and the acquisition of the "Life Happens with Barb and Michelle" podcast. Both shows join PodcastOne’s expanding mental‑health and wellness...

By The Manila Times – Business
Lexicon Pharmaceuticals to Present at the 4th Annual H.C. Wainwright BioConnect Investor Conference
NewsMay 12, 2026

Lexicon Pharmaceuticals to Present at the 4th Annual H.C. Wainwright BioConnect Investor Conference

Lexicon Pharmaceuticals (NASDAQ: LXRX) announced that its management will join a fireside chat at the 4th Annual H.C. Wainwright BioConnect Investor Conference on May 19, 2026, held at Nasdaq World Headquarters in New York. The session will be streamed live...

By The Manila Times – Business
Orchestro. AI Founder Awarded Oxford's Bodleian Medal for Work in AI Ethics
NewsMay 11, 2026

Orchestro. AI Founder Awarded Oxford's Bodleian Medal for Work in AI Ethics

Dr. Shekhar Natarajan, founder and CEO of Orchestro.AI, was presented with Oxford University’s prestigious Bodleian Medal for his work in AI ethics. At the ceremony he delivered a keynote on ethical, human‑centered artificial intelligence and unveiled the company’s Angelic Intelligence...

By The Manila Times – Business
PhilSA Warns vs Chinese Rocket Debris Near Palawan
NewsMay 11, 2026

PhilSA Warns vs Chinese Rocket Debris Near Palawan

The Philippine Space Agency confirmed that China’s Long March 7 rocket launched Monday and warned that debris could fall into Philippine waters. PhilSA identified three potential impact zones: 34 nautical miles from Bajo de Masinloc, 97 NM from Cabra Island, and 130 NM from Busuanga, Palawan....

By The Manila Times – Business
OROCO RESOURCE CORP. APPOINTS NEW CEO
NewsMay 11, 2026

OROCO RESOURCE CORP. APPOINTS NEW CEO

Oroco Resource Corp. announced Charles Cryer as its new chief executive officer and director, effective June 16, 2026. Cryer brings more than three decades of global capital‑markets expertise in natural resources and emerging‑market investment banking, complemented by an engineering background....

By The Manila Times – Business
Argentine Plazas Buzz with World Cup Sticker Trading Fever
NewsMay 11, 2026

Argentine Plazas Buzz with World Cup Sticker Trading Fever

As the 2026 FIFA World Cup approaches, Argentine plazas are filled with people swapping Panini stickers to complete the official album. Panini released its largest collection ever, featuring 48 teams and seven‑sticker packs priced about $1.50 each. Traders rely on...

By The Manila Times – Business
BeOne Medicines Recognized as "Outstanding Global Oncology Company of the Year" At HKCT Business Awards 2026
NewsMay 11, 2026

BeOne Medicines Recognized as "Outstanding Global Oncology Company of the Year" At HKCT Business Awards 2026

BeOne Medicines was named "Outstanding Global Oncology Company of the Year" at the 2026 HKCT Business Awards, recognizing its rapid R&D progress and manufacturing capabilities. The Swiss‑based firm now operates in more than 45 markets, employs over 1,200 oncology R&D...

By The Manila Times – Business
New Crypto Pepeto Presale Nears $10 Million While Ethereum Price Prediction Charts a $4,900 Target as Bitmine Loads 5.18 Million...
NewsMay 10, 2026

New Crypto Pepeto Presale Nears $10 Million While Ethereum Price Prediction Charts a $4,900 Target as Bitmine Loads 5.18 Million...

Pepeto, an Ethereum‑based crypto project, has raised $9.92 million in its latest presale, edging close to a $10 million milestone. A former Binance developer joined the team, prompting a surge of capital and positioning Pepeto for upcoming tier‑1 exchange listings. The token...

By The Manila Times – Business
'Ghost of the Forest' Returns to Kenya as Conservationists Reintroduce Rare Antelope Into the Wild
NewsMay 10, 2026

'Ghost of the Forest' Returns to Kenya as Conservationists Reintroduce Rare Antelope Into the Wild

The mountain bongo, Kenya’s critically endangered forest antelope, is being reintroduced by the Mount Kenya Wildlife Conservancy. With fewer than 100 individuals left in the wild, the program aims to raise the wild population to 750 by 2050. The conservancy...

By The Manila Times – Business
ActivatedYou Morning Complete Claims Evaluated: The Prebiotics, Probiotics + Green Superfoods Drink Blend by Activated You
NewsMay 8, 2026

ActivatedYou Morning Complete Claims Evaluated: The Prebiotics, Probiotics + Green Superfoods Drink Blend by Activated You

ActivatedYou launched its Morning Complete daily wellness drink, a single‑scoop formula that combines prebiotic fiber, 10 billion CFU probiotic cultures, green superfoods, adaptogens, and metabolic blends. The product offers eight nutrient blends, is vegan, non‑GMO, GMP‑certified, and manufactured in the United...

By The Manila Times – Business
ISC to Release 2026 First Quarter Financial Results on May 15, 2026
NewsMay 8, 2026

ISC to Release 2026 First Quarter Financial Results on May 15, 2026

Information Services Corporation (TSX: ISC) announced it will publish its first‑quarter 2026 financial results on May 15, 2026 after market close. The unaudited condensed consolidated interim statements, notes and Management’s Discussion & Analysis will be filed on SEDAR+ and the company’s investor site....

By The Manila Times – Business
Telegram Signal Copier Launches TSC Infinity-A Fully Cloud-Based Telegram Copier for Seamless Trade Automation
NewsMay 8, 2026

Telegram Signal Copier Launches TSC Infinity-A Fully Cloud-Based Telegram Copier for Seamless Trade Automation

Telegram Signal Copier (TSC) announced TSC Infinity, a fully cloud‑based Telegram signal copier that goes live on May 11, 2026. The new web platform replaces the desktop‑only TSC Classic, delivering device‑independent access, sub‑15 ms global latency, and automatic scaling without the need for...

By The Manila Times – Business
DSS, Inc. Reports Going Concern Audit Opinion in 2025 10-K Filing
NewsMay 8, 2026

DSS, Inc. Reports Going Concern Audit Opinion in 2025 10-K Filing

DSS, Inc. disclosed that its FY 2025 Form 10‑K, filed March 31, 2026, contains an audit opinion from HTL International LLC with a going‑concern qualification. The company emphasized the filing complies with NYSE American’s Section 610(b) and does not amend...

By The Manila Times – Business
Outbound Sales Pro and Parakeet Promotes Andrew "AJ" Kissh to Head of Marketing
NewsMay 8, 2026

Outbound Sales Pro and Parakeet Promotes Andrew "AJ" Kissh to Head of Marketing

Outbound Sales Pro (OSP) and its sister brand Parakeet have promoted Andrew "AJ" Kissh to Head of Marketing. In his new role, Kissh will command a larger budget, expand the marketing team, and drive a more aggressive go‑to‑market strategy through...

By The Manila Times – Business
NBI Receives Sworn Statements Alleging Baligod Influenced Selection of Lawmakers in PDAF Probe
NewsMay 7, 2026

NBI Receives Sworn Statements Alleging Baligod Influenced Selection of Lawmakers in PDAF Probe

The National Bureau of Investigation has received sworn affidavits from two DOJ‑protected witnesses alleging that lawyer Levito Baligod helped shape which lawmakers would be targeted in later phases of the Priority Development Assistance Fund (PDAF) corruption probe. The statements also...

By The Manila Times – Business
AGI-26 Confirms Keynote Speakers and Expanded Lineup for San Francisco Conference
NewsMay 7, 2026

AGI-26 Confirms Keynote Speakers and Expanded Lineup for San Francisco Conference

The AGI Society unveiled the full speaker lineup for its 19th annual AGI-26 conference, scheduled for July 27-30 in San Francisco. Keynotes include Karl Friston, Gary Marcus, Michael Levin, Neil Gershenfeld and Ben Goertzel, alongside representatives from Google DeepMind, MIT,...

By The Manila Times – Business
Toll Brothers Announces Final Opportunity to Purchase a New Home in Sterling Pointe in Cumming, Georgia
NewsMay 7, 2026

Toll Brothers Announces Final Opportunity to Purchase a New Home in Sterling Pointe in Cumming, Georgia

Toll Brothers announced that the last remaining home in its Sterling Pointe community in Cumming, Georgia – the Rosewater Chateau – is now move‑in ready and priced at $1,599,000. The 4,529‑square‑foot residence features five bedrooms, 5.5 baths, a three‑car garage,...

By The Manila Times – Business
Canada May Not Be Prepared for World Cup Betting Rush, New Analysis Finds
NewsMay 7, 2026

Canada May Not Be Prepared for World Cup Betting Rush, New Analysis Finds

Canada will co‑host the 2026 FIFA World Cup, sparking massive betting interest. Research from CasinoCanada shows Ontario’s regulated market is robust, with nearly 50 licensed operators and over 80% of bettors staying on‑shore. Outside Ontario, provinces such as Saskatchewan, Alberta...

By The Manila Times – Business
Airia Wins Gold Globee® Award for Best Agentic Workflow Orchestration Platform
NewsMay 7, 2026

Airia Wins Gold Globee® Award for Best Agentic Workflow Orchestration Platform

Airia announced it has won the Gold Globee® Award for Best Agentic Workflow Orchestration Platform, the highest honor in the 2026 Globee® AI Awards. The accolade validates Airia’s unified approach to enterprise AI governance, security, and orchestration amid a rapid...

By The Manila Times – Business
The 139th Canton Fair Concluded: Unleashing Fresh Momentum in Foreign Trade, Building New Heights of Openness
NewsMay 7, 2026

The 139th Canton Fair Concluded: Unleashing Fresh Momentum in Foreign Trade, Building New Heights of Openness

The 139th Canton Fair wrapped up on May 5, drawing 314,000 overseas buyers from 220 countries—a 1.1% rise over the previous year. Attendees placed on‑site orders worth $25.7 billion, while 4.65 million exhibits featured more than 20% innovative, sustainable and intelligent products. Digital...

By The Manila Times – Business
TURKISH MOBILE GAMING STARTUP MINDTAIL RAISES $2 MILLION
NewsMay 7, 2026

TURKISH MOBILE GAMING STARTUP MINDTAIL RAISES $2 MILLION

Istanbul‑based mobile gaming studio Mindtail closed a $2 million pre‑seed round led by APY Ventures, with participation from Inveo Ventures and Ak Portföy GSYF. The capital will fund AI‑native production infrastructure, aggressive team growth and early marketing experiments as the studio...

By The Manila Times – Business
Avalo Therapeutics Announces Pricing of $375 Million Public Offering
NewsMay 6, 2026

Avalo Therapeutics Announces Pricing of $375 Million Public Offering

Avalo Therapeutics announced the pricing of a $375 million underwritten public offering, selling 19.73 million shares at $17.75 each and 1.4 million pre‑funded warrants at $17.749. The company granted underwriters a 30‑day option to purchase up to an additional 3.17 million shares on the...

By The Manila Times – Business
Moody’s Upgrades HDBank’s Outlook to "Positive," Paving the Way for Potential Credit Rating Upgrade
NewsMay 6, 2026

Moody’s Upgrades HDBank’s Outlook to "Positive," Paving the Way for Potential Credit Rating Upgrade

Moody’s Ratings kept HDBank’s long‑term B1 rating but changed its outlook from Stable to Positive, citing a solid financial base and a planned equity boost. The bank aims to raise capital from $3 bn to $4.2 bn, a 41% increase, to reinforce...

By The Manila Times – Business
MKS PAMP Appoints Ann KUNG YEUNG Yun Chi as Chair of Asia-Pacific
NewsMay 6, 2026

MKS PAMP Appoints Ann KUNG YEUNG Yun Chi as Chair of Asia-Pacific

MKS PAMP announced the appointment of Ann Kung Yeung Yun Chi as Chair of its Hong Kong subsidiary and the broader Asia‑Pacific region. Kung brings more than three decades of banking and regulatory experience, including senior roles at Bank of...

By The Manila Times – Business
NEWS: ACEC's Top Engineering Award Goes To...
NewsMay 6, 2026

NEWS: ACEC's Top Engineering Award Goes To...

The American Council of Engineering Companies (ACEC) awarded McMillen, Inc. the 2026 Grand Conceptor Award for its leadership on the Klamath River Renewal Project, the world’s largest dam‑removal and river‑restoration effort. The project eliminated four century‑old hydroelectric dams, reopening over...

By The Manila Times – Business