Category: Business

Business

Marcos Pushes Filipino-Made E-Jeeps and E-Trikes as PH Targets Homegrown EV Industry

President Ferdinand Marcos Jr. is stepping up the government’s push to develop a homegrown electric vehicle industry, with Filipino-made electric tricycles expected to come first and locally produced electric jeepneys potentially following. During a visit to MD Juan Enterprises Inc. in Caloocan City on August 25, 2026, Marcos said the government would support the company’s efforts to develop fully Filipino-made electric vehicles. The 60-year-old company is known for manufacturing machine-presse

August 25, 2026

Business

Customer Pays $650 for $6.50 Lor Mee — Then the Hawker Does Something That Restored His Faith in Singapore

A simple lor mee order at a Telok Blangah-area coffee shop turned into an unexpected lesson in honesty after a customer accidentally paid $650 instead of $6.50 for his meal — and did not realise the mistake until weeks later. The customer, identified on Facebook as Aud Chang, said he had mistakenly entered the wrong payment amount before leaving the stall. He only discovered the error about a month later, after returning from an overseas trip. The hawker, meanwhile, had already noticed the unu

August 25, 2026

Business

Canada Prepares New Tariff Retaliation as Trump Escalates Trade War With 50% Auto Threat

Canada is preparing to unveil its latest response to President Donald Trump’s escalating tariffs on Canadian goods, as the once-close U.S.-Canada relationship slides deeper into a damaging trade confrontation. Prime Minister Mark Carney’s government is expected to announce additional measures on Tuesday, Aug. 25, after weeks of trade negotiations with Washington collapsed and the United States imposed new 50% tariffs on selected Canadian imports. The latest U.S. duties affect roughly US$20 bil

August 25, 2026

Business

Iloilo Just Trained 263 Frontline Animal-Health Workers — But the Real Test Will Come When the Next Outbreak Begins

ILOILO, Philippines — Iloilo is quietly building a new line of defense against animal diseases — and the people at the center of it are not all veterinarians. The Iloilo Provincial Government has trained 263 barangay vaccinators in 2026, creating a wider community-based animal-health network designed to bring vaccination, disease detection and basic veterinary assistance closer to farms and households across the province. The initiative could prove increasingly important as Iloilo confronts re

August 25, 2026

Business

Takashimaya’s 2026 Mid-Autumn Fair Is Now Open — 61 Brands, Viral Mooncake Flavours and One Date You Shouldn’t Miss

SINGAPORE — Mooncake season has officially arrived in Singapore, and Takashimaya is turning its Orchard Road flagship into one of the city’s biggest destinations for Mid-Autumn treats. The Takashimaya Mid-Autumn Festive Celebration 2026 is now underway at Takashimaya Square, Basement 2, bringing together 61 local and international brands selling mooncakes, artisanal confectioneries, festive gifts and tea selections. The event runs from 20 August through 25 September 2026, giving shoppers more

August 25, 2026

Business

German Broker Scalable Lets Investors Trade Through ChatGPT and Claude — Is AI About to Become Your New Investment Assistant?

FRANKFURT, Germany — August 25, 2026 — The line between artificial intelligence and personal investing is getting thinner. German digital investment platform Scalable Capital has opened a new way for customers to access their investment accounts through major AI chatbots, including ChatGPT and Claude, allowing users to conduct trades and analyze their portfolios through conversational AI. Scalable says the initiative is a first for a European bank. The new AI-based access operates alongside it

August 25, 2026

Business

NICHOLAS TAN TAKES AUPEN’S “PURPOSE” BEYOND FASHION—BUT WHAT IT BECOMES IN MANILA IS SOMETHING ELSE ENTIRELY

What began as a handbag is now becoming something much bigger. Singaporean designer and AUPEN founder Nicholas Tan is taking his signature “Purpose” silhouette out of the fashion world and into contemporary art, marking a major new chapter with his first solo exhibition in Manila. Presented by 125 Projects, the exhibition transforms the familiar sculptural shape associated with AUPEN’s Purpose bag into a series of artworks and objects—challenging visitors to look at a fashion accessory not sim

August 25, 2026

Business

QUEZON CITY TAPS WOMEN TO LEAD NEW URBAN FARMING PUSH AT QCU — BUT THE BIGGER GOAL GOES BEYOND GROWING VEGETABLES

QUEZON CITY, Philippines — Quezon City is taking another step toward strengthening urban food production, this time putting women at the forefront of a new farming initiative at Quezon City University (QCU). The city government has partnered with Agrigaia Tech Co. to establish an urban-farming demonstration site at QCU, with women expected to take leadership roles in the project. The partnership was formalized through a memorandum of agreement signed Monday, with Quezon City Mayor Joy Belmonte

August 25, 2026

Business

Sytin-Led LMG Brings in Dean Lao Jr. as Director—But the Real Story Is Its ₱130-Million Investment Plan

MANILA, Philippines — Sytin-controlled LMG Corp. is bringing in a prominent name from the Philippine business community as it moves forward with a planned ₱130-million investment program. LMG has tapped Dean Lao Jr., managing director of Chemrez Technologies and a member of the Lao business family, to join its board as a director. The appointment comes as the publicly listed company advances plans aimed at strengthening and expanding its business under the Sytin group. The move puts Lao Jr.—wh

August 25, 2026

Business

Cathay Life’s Joe Lin Leaves RCBC Board After 7 Years—But His Next Move May Be the Bigger Story

MANILA, Philippines — A major change is unfolding in the leadership ties between Taiwan’s Cathay Life Insurance and Rizal Commercial Banking Corp. (RCBC), with Cathay Life executive Shih-Chiao “Joe” Lin reportedly stepping down from the Philippine bank’s board after roughly seven years. Bilyonaryo reported on August 25 that Lin has resigned as an RCBC director following a lengthy stint on the board and is being reassigned to a new post within the Cathay group. The development marks a notable s

August 25, 2026