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Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
274 articles from Rappler Business
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Rappler Business
Philippine economy slows to 2.3% in Q2 2026, weakest since 2009
(1st UPDATE) Public construction plunges as officials remain hesitant following the flood control scandal, and household spending posts its weakest non-pandemic growth in nearly 16 years
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Why the rebalancing of the MSCI Standard Philippine Index matters
When the MSCI adds, removes, or reweights a stock, passive fund managers have no choice but to purchase newly added stocks and dump deleted stocks
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Tap, tap, who’s next? Big banks coming to Apple Pay by Q4.
'By the end of this year, you will have most of the other banks in the Philippines that will go live,' Mastercard Philippines country manager Jason Crasto tells Rappler in an exclusive interview
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Court of Appeals asked to void SEC rule imposing term limits for broker directors
Long-time PSE broker directors Eddie Gobing and Vivian Yuchengco want the SEC to stop implementing a May 21 circular on term limits
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[Good Business] Kasangkapwa in the advent of agentic AI
I require my students to use AI, and some have called this out in my teaching evaluations. My defense is that they will compete with and alongside these systems the moment they graduate, and exposure under supervision beats discovery under pressure.
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Unemployment rises slightly to 4.9% as fresh grads struggle to find jobs
Around 592,000 Filipinos 15 to 24 years old enter the labor force for the first time in June, but only 310,000 of these young entrants find employment
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The Dutertes, BPI’s TG Limcaoco, and a very stubborn bank secrecy law
There is history here, too. The same BPI Julia Vargas branch now covered by Sara Duterte’s impeachment subpoena was at the center of Rodrigo Duterte’s 2016 bank account controversy.
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SpaceX revenue jumps in debut results as satellite, AI businesses surge
SpaceX's revenue nearly doubles due to booming Starlink satellite communications and AI businesses, but executives flag the spending as being far from over
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Cheaper PH electricity? Go beyond system loss; fix costly power contracts
System loss may dominate the debate, but generation costs makes up the vast majority of your electricity bill – and fixing it could cut Luzon household rates by up to 28%, says the World Bank
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Inflation eases to 6.2% in July 2026, but still elevated
(1st UPDATE) Despite the broader disinflation trend, inflation for the poorest households rises to 8.2% as rice prices continue to climb
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Apple Pay officially launches in the Philippines
The entry of Apple’s mobile payment service will allow Filipino users to make contactless payments through supported iPhones and Apple devices
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[Vantage Point] The fire Marcos started, and the signature at the bottom
Suitcase testimony can explain the mechanics, but bank records, property purchases, foreign-exchange transactions, corporate ownership, and communications must supply corroboration
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PH’s 12% VAT yields no more than Thailand’s 7%; World Bank urges collection fix
The same implementation problem extends beyond taxes. Philippine business regulations nearly match Singapore’s on paper, but the country trails sharply in public services and day-to-day delivery, says the World Bank.
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Buying into the Lopez empire: ABS-CBN or Lopez Inc?
A Lopez Inc.-level deal is more radical because it goes straight to the family battlefield. Here's our exclusive take on the options at the table.
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World Bank sees promise in Pax Silica. Can PH build more than another assembly hub?
Pax Silica wants to become the Philippines’ Silicon Valley, but tycoon Manny Pangilinan warns the government to choose its place in the technology value chain carefully lest it remain stuck in the 'basement'
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Flood control corruption cleanup spooks investors, drags PH growth – World Bank
Scrutiny triggered by corruption in flood control projects spoils investor confidence and is a key factor why the World Bank cut its 2026 Philippine growth forecast to 3.7% from 5.3%
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Fuel price rollback set for August 4 after weeks of hikes
The latest rollback suggests some easing after global oil and refined fuel prices surged in late July due to renewed tensions in the Middle East
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Forgot to top up? GCash users can soon pay QR purchases with linked Visa cards
Once launched, GCash users can scan a merchant's QR code and pay directly with their linked Visa debit or credit card without having to draw form their wallet balance
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Meralco customers to pay P595M for system loss, after Marcos SONA call
This is just part of the P8.7 billion in unrecovered pass-through costs that the Energy Regulatory Commission has allowed Meralco to collect over three years, in a newly released decision
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[Finterest] Want kids to save early? Here’s what BPI’s ‘Lolo’ TG Limcaoco has to say
If you ask the topshots at the country's oldest bank, financial stability is all about starting young
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ERC orders Meralco to refund customers P9.5 billion over 6 months
The refund adds to growing scrutiny of Meralco’s electricity charges following President Ferdinand Marcos Jr.’s push to remove system loss charges
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Agent GoBio? This CEO gets an offer to be ‘part of the NBI family’
Had it been a serious exchange, the investigative agency would have benefited from Robinsons Land Corp. CEO's skills in math
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Can SM Prime’s Seaside Arena aid Cebu’s recovery from 2025 tourism slump?
Following the wishes of his late father Henry Sy Sr., SM Prime chairman Hans Sy says the launch of the largest arena facility in the Visayas is only an initial piece of a 20-year plan
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