According to reports, the 29 year old informed his friend residing in Hong Kong that he was being held for a AED 109,000 ransom through WhatsApp.
The suspects were identified as four Chinese nationals who were caught with the victim in a house in Makati City, Metro Manila.
They are currently under the custody of the Philippine National Police as an investigation is underway.
Rubio says Iran deal could take days as US launches fresh strikes
US Secretary of State Marco Rubio said on Tuesday negotiating a deal with Iran could "take a few days," quashing hopes for an imminent end to the conflict a day after US forces conducted what Washington called defensive strikes in southern Iran.
4 killed after train collides with school bus in Belgium
A train crashed into a school minivan at a level-crossing in the Belgian town of Buggenhout on Tuesday, killing four people including two special needs pupils, authorities said.
Israeli strikes kill seven people in Gaza, medics say
Israeli strikes killed at least seven Palestinians in the Gaza Strip on Tuesday including five in a refugee camp and two in a car, health officials said.
Philippines ends rescue efforts as hope fades for victims of building collapse
Authorities have called off search and rescue operations on Monday evening after emergency crew, using life locator equipment, determined there were no longer signs of life beneath the rubble of the building that collapsed in north Manila.
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