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🇵🇭 Local Market Intelligence

Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

2546 articles across all sources

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PhilStar Business

AGI allots P62 billion for 2026 capex

Conglomerate Alliance Global Group Inc. (AGI) of tycoon Andrew Tan is setting aside P62 billion in capital expenditures this year to fund the group’s next phase of growth.

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PhilStar Business

Approved construction permits down 7 percent in April

Construction projects based on approved building permits declined by seven percent in April from a year ago, but the value posted double-digit growth year-on-year, according to the Philippine Statistics Authority (PSA).

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PhilStar Business

BSP extends repayment period for salary-based loans

The Bangko Sentral ng Pilipinas (BSP) has extended the maximum repayment period for salary-based consumption loans to seven years, a move meant to make amortizations more manageable for borrowers while keeping safeguards against excessive debt.

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PhilStar Business

BSP sets rules on digital transaction fees

Banks and other financial institutions will have to justify fees on electronic fund transfers as the Bangko Sentral ng Pilipinas (BSP) set new pricing rules for digital payments, following the lifting of the moratorium on fee increases for InstaPay and PESONet transactions.

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PhilStar Business

Business judgment rule

The more I read about the fight over listed energy company First Gen’s investment in Prime Infrastructure Capital’s hydropower projects, the more I find myself sifting through the things that mattered. More than the family dispute, the court cases or the corporate resolutions, we seem to be distracted by narratives, which are important, but are not the end-all and be-all of the situation.

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PhilStar Business

Customs seizes P7.2 billion in illegal tobacco products

The Bureau of Customs (BOC) has confiscated about P7.2 billion worth of illicit tobacco and e-cigarette products since January, as authorities continue to intensify intelligence and enforcement operations.

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PhilStar Business

DOE creates carbon credits task force

The Department of Energy (DOE) has institutionalized a dedicated task force to oversee and ensure the effective implementation of the government’s carbon credit policies.

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PhilStar Business

First Gen asked to justify premium in Prime Infrastructure deal

The Lopez family majority is demanding an explanation from tycoon Federico “Piki” Lopez and the board of First Gen Corp. regarding the company’s hydropower deals with Prime Infrastructure, alleging that Piki “went all in with First Gen’s money” to keep his post.

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PhilStar Business

From port to green powerhouse: SBMA’s transformation into a modern green port city

When aggressive business decisions are made, outcomes can either falter or flourish. In the case of the Subic Bay Metropolitan Authority (SBMA), strong leadership and decisive action have led to a remarkable transformation—turning Subic Bay into a thriving green port city anchored on sustainability, economic growth, and global partnerships.

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PhilStar Business

Government positions Mindanao as next investment hub

The Board of Investments (BOI) and the Mindanao Development Authority (MinDA) have forged a partnership to position Mindanao as the country’s next major investment hub.

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PhilStar Business

How decentralized identity could rewire Filipino remittances in a time of war

By any measurable metric, the Philippines runs on remittances.

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PhilStar Business

Megaworld generates P28 billion in sales from residential projects

Property giant Megaworld Corp. has booked P28 billion in sales after fully selling out its residential villages in Metro Manila and key provincial areas.

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PhilStar Business

‘More BSP rate hikes possible’

The Bangko Sentral ng Pilipinas (BSP) may still deliver more rate hikes this year after raising borrowing costs for a second straight meeting, although economists are divided on whether the central bank will keep tightening or pause as soon as oil prices ease and growth weakens.

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PhilStar Business

NGCP reviews new transmission rules, eyes next steps

The National Grid Corp. of the Philippines (NGCP) is evaluating newly issued transmission rules to protect grid integrity and ensure alignment with its concession agreement with the government.

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PhilStar Business

Philippines climbs 4 places in global competitiveness ranking

The Philippines moved up four places to rank 47th out of 70 economies in this year’s International Institute for Management Development (IMD)’s World Competitiveness Ranking, but the country remained among the laggards in Asia-Pacific.

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PhilStar Business

‘Philippines does not import fresh ube’

The Philippines does not import ube or purple yam, a unit of the Department of Agriculture (DA) said, amid rising popularity for the country’s root crop.

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PhilStar Business

RHR partners with Duty Free Philippines to support tourism growth

Robinsons Hotels and Resorts (RHR), the hospitality arm of the Gokongwei family’s Robinsons Land Corp., is teaming up with Duty Free Philippines to support tourism growth in the country.

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PhilStar Business

SC orders NOW Telecom to pay P136 million dues to NTC

NOW Telecom Co. Inc. has been ordered by the Supreme Court (SC) to settle up to P136 million in unpaid user fees since 2005 to the National Telecommunications Commission (NTC).

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PhilStar Business

Stocks end lower following BSP rate hike

The local stock market ended the week in the negative territory following the Bangko Sentral ng Pilipinas (BSP)’s latest rate hike.

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Manila Times Business

ProVen VCT plc: Transaction in Own Shares

ProVen VCT plc Transaction in own shares 19 June 2026 ProVen VCT plc announces that, on 19 June 2026, it purchased the following shares for cancellation: No. purchased Price paid per share % of class in issue Ordinary shares of 10p each4,771,09557.48p1.58% Beringea LLP Company Secretary Telephone: 020 7845 7820 -End

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Manila Times Business

SmallBizSEO Expands SEO Services to Help Local Businesses Increase Visibility Across Google and AI-Powered Search Platforms

Data-backed SEO strategies help local and service-based businesses improve Google rankings, increase AI search visibility, and attract qualified leads. New York, June 19, 2026 (GLOBE NEWSWIRE) -- SmallBizSEO, a search engine optimization company focused on local and service-based businesses, announced today the expansion of its SEO service offerings to help small businesses improve visibility across traditional search engines and emerging AI-powered search platforms. The expanded approach combin

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Manila Times Business

ProVen Growth and Income VCT plc: Transaction in Own Shares

ProVen Growth and Income VCT plc Transaction in own shares 19 June 2026 ProVen Growth and Income VCT plc announces that, on 19 June 2026, it purchased the following shares for cancellation: No. purchased Price paid per share % of class in issue Ordinary shares of 1.6187p each6,165,28545.13p1.84% Beringea LLP Company Secretary Telephone: 020 7845 7820 -End

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Manila Times Business

Aecon schedules second quarter 2026 financial results release and conference call

TORONTO, June 19, 2026 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) announced today that it intends to release its second quarter 2026 financial results on Thursday, July 30, 2026 after market close, and has scheduled a live webcast and conference call for 9 a.m. (Eastern Time) on Friday, July 31, 2026. A live webcast of the conference call can be accessed using this link and will be available at www.aecon.com/InvestorCalendar. Participants can also dial-in to the conference call and pre-regi

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Manila Times Business

Subsea 7 S.A. second quarter 2026 earnings call notification

Luxembourg - 19 June 2026 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) will publish its second quarter 2026 results for the period ended 30 June 2026 on Thursday 30 July 2026 at 08:00 CEST. A conference call and simultaneous webcast for the investment community will be held on Thursday 30 July 2026 at 12:00 BST / 13:00 CEST. From 08:00 CEST the results announcement and the presentation to be reviewed during the conference call and webcast will be available on the Subsea7 website: www.subsea7.co

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