Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
8152 articles across all sources
‘Global minimum tax to raise additional P24.4 billion revenues yearly’
The Philippines could generate about P24.4 billion in additional annual revenue starting in 2029 under a proposed global minimum tax, the Department of Finance said.
Read more →Government seeks alternative feedstock to boost bioethanol production
The Department of Agriculture and the Department of Energy are looking to increase the country’s bioethanol production through the use of cheaper and diversified feedstock.
Read more →Government to unload P69.9-billion budget for rice programs
President Marcos is proposing P69.9 billion funding for three major rice programs next year as the government seeks to boost domestic production, raise farmers’ incomes and help keep rice affordable and accessible. Acting Budget Secretary Kim Robert de Leon said the proposed funding forms part of the administration’s broader food security agenda, which seeks to raise agricultural productivity while improving the livelihoods of farmers and fisherfolk.
Read more →JG Summit expects to sustain topline growth
Conglomerate JG Summit Holdings Inc. of the Gokongwei Group expects revenue growth in the second half to be in line with the previous semester despite risks such as inflation and weather disruptions.
Read more →Jobstreet by SEEK expands support to MSMEs via LGUs
Employment platform Jobstreet by SEEK is strengthening its support to micro, small and medium enterprises (MSMEs) with wider capacity-building programs through local government units.
Read more →Kanda secures 2nd term as ADB president
Asian Development Bank president Masato Kanda is serving a second term after being re-elected to lead the multilateral lender as Asia-Pacific faces headwinds and new shocks.
Read more →Mitsubishi unveils all-new Pajero SUV
Automotive firm Mitsubishi Motors Corp. yesterday unveiled the all-new Pajero sports utility vehicle (SUV), which it plans to launch in Southeast Asia, including the Philippines, in the next fiscal year.
Read more →‘Philippines could be Nissan’s top Asean market anew’
Japanese multinational automaker Nissan Motor Co. Ltd. sees strong potential for the Philippines to reclaim its position as the company’s top market in Southeast Asia.
Read more →Philippines may not export sugar to US this year
The Philippines may not export sugar to the United States this year due to production constraints in local sugarcane, according to the Sugar Regulatory Administration.
Read more →SierraCol chair joins Prime Infrastructure board
The chairman of SierraCol Energy Ltd., Colombia’s largest independent oil and gas exploration firm, is reinforcing Prime Infrastructure Capital Inc.’s global expansion drive with his appointment to its board of directors.
Read more →SMC, Aboitiz units win Meralco supply deals
Energy firms controlled by Ang-led San Miguel Corp. and the Aboitiz Group have placed the best bids to supply 600 megawatts (MW) of power to utility giant Manila Electric Co.
Read more →SSS investment income seen to hit P71.4 billion by year-end
The Social Security System expects to generate P71.41 billion in investment income by year-end, helping lift its net income despite higher pension and other benefit payouts.
Read more →Stocks dip as peso continues to depreciate
The local stock market pulled back yesterday following Tuesday’s strong performance, with investor sentiment dampened by the continued depreciation of the peso.
Read more →The ERC, Nasecore, pumped hydro and nuclear power
Last Monday a “consumer group” went to the Ombudsman and filed a complaint against Energy Regulatory Commission officials for allowing line rental charges embedded in electricity bills.
Read more →Unbearable and unacceptable floods
The relentless habagat rains over the long weekend once again left many areas underwater, with images of flooded communities filling news reports and social media platforms.
Read more →Urquijo leads new ALI integrated estates group
Property giant Ayala Land Inc. is creating a new integrated estates group, led by next-generation leader Jaime Zobel Urquijo.
Read more →TECNO Will Bring Next-Gen Bezelless Concept Phone and 360° Hinge MEGABOOK T15 360 Pro to IFA ShowStoppers 2026
BERLIN, Sept. 2, 2026 /PRNewswire/ -- AI-driven innovative technology brand TECNO is set to showcase at IFA ShowStoppers 2026 a broad portfolio that reimagines technology through advanced innovations, distinctive design and more personalized experiences. Highlights include the Next-Gen Bezelless Concept Phone, 360° hinge touchscreen laptop MEGABOOK T15 360 Pro and the Tonino Lamborghini TECNO Collection. Visitors are invited to experience TECNO's newest products first-hand at the TECNO table, lo
Read more →FORVIA: IMPLEMENTATION OF THE SHARE BUYBACK PROGRAM APPROVED BY THE SHAREHOLDERS’ MEETING HELD ON 4 JUNE 2026
PRESS RELEASE Nanterre, France Wednesday, September 2nd, 2026 IMPLEMENTATION OF THE SHARE BUYBACK PROGRAM APPROVED BY THE SHAREHOLDERS’ MEETING HELD ON 4 JUNE 2026 As part of the share buyback program authorized by the Shareholders’ Meeting held on 4 June 2026, FORVIA signed with an investment services provider a mandate for the acquisition of a maximum of 1,000,000 FORVIA shares during a period starting from 3 September 2026 until 18 September 2026, at the latest. Share buybacks are intended to
Read more →NMDP Get in the Game Program Surpasses 2,000 Blood Stem Cell Donors, Celebrates Endowment to Expand Lifesaving Impact
NMDP marks milestone donations through college athletics initiative and invests in the next generation of donor recruitment MINNEAPOLIS, Sept. 02, 2026 (GLOBE NEWSWIRE) -- NMDP℠ today announced a major milestone for its Get in the Game℠ program: more than 2,000 registered donors recruited through the program have gone on to donate blood stem cells or other life-saving cell therapies to patients in need. This achievement comes as the Andy Talley Get in the Game Collegiate Recruitment Fund reached
Read more →AXionX Announces Computing Power Infrastructure Initiative to Support the Growing Demands of Artificial Intelligence
Toronto, Canada, Sept. 02, 2026 (GLOBE NEWSWIRE) -- AXionX INC is developing a new computing infrastructure approach designed to provide scalable computing resources for the rapidly expanding artificial intelligence ecosystem, connecting distributed computing hardware, Apple Silicon technology, and emerging AI workloads. Artificial intelligence is entering a new phase of global adoption. From generative AI assistants and enterprise automation to AI Agents, intelligent data processing, software d
Read more →Procedures for Obtaining Information and Preparatory Documents for the Combined General Meeting on September 23, 2026
Regulated information Procedures for Obtaining Information and Preparatory Documents for the Combined General Meeting on September 23, 2026 Paris - September 2, 2026 - Vantiva (Euronext Paris: VANTI), a global technology leader in connectivity, Shareholders are invited to participate in the Combined Shareholders’ Meeting to be held on: Wednesday, September 23, 2026, at 3 p.m., Auditorium 10 Boulevard de Grenelle - 75015 Paris (France) The Preliminary Notice of Meeting, including the agenda and t
Read more →Dresner Partners Advised CaliberMind on Its Sale to Integrate
Companies Unite to Close the Loop Between Top-of-Funnel Marketing Activity and Revenue Outcomes CHICAGO, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Dresner Partners, a leading FINRA-registered, middle-market investment bank and Mergers Alliance member firm, is pleased to announce that it advised Boulder, Colorado-based CaliberMind on its sale to Boulder, Colorado-based Integrate. Financial terms of the transaction were not disclosed. Integrate delivers a universal lead management and data governance pla
Read more →Treasury Bond Auction Announcement - RIKB 29 0416 - RIKB 42 0217
SeriesRIKB 29 0416RIKB 42 0217ISINIS0000039121IS0000033884Maturity Date04/16/202902/17/2042Auction Date09/04/202609/04/2026Settlement Date09/09/202609/09/202610% addition09/08/202609/08/2026 On the Auction Date, between 10:30 am and 11:00 am, the Government Debt Management will auction Treasury bonds in the Series, with the ISIN numbers and with the Maturity Dates according to the table above. Payments for the Treasury bonds must be received by the Central Bank before 14:00 on the Settlement Dat
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