Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
298 articles across all sources
Manulife Philippines appoints new deputy CEO
THE Manufacturers Life Insurance Co. (Phils.), Inc. (Manulife Philippines) has appointed Manish Sangal as its new deputy chief executive officer (CEO). “Manish is a proven insurance leader who combines strategic clarity with disciplined execution,” Manulife Philippines President and CEO Rahul Hora said in a statement on Thursday. “His track record in agency development and digital […]
Read full article →Intellectual property and AI: a bad romance?
The topics du jour for many local business and legal conferences continue to be about AI, “digital transformation,” “technology x [fill-in-the-blanks].” Discussions, however, tend to be generalized. Real takeaways can get drowned by the usual discourse on AI’s utility and inevitability and/or warnings about the loss of a competitiveness for businesses who fail to adopt […]
Read full article →AGI earnings rise in Q1 on resilient businesses
Conglomerate Alliance Global Group Inc. of tycoon Andrew Tan booked higher earnings in the first quarter as its businesses remained resilient amid a challenging environment.
Read full article →Bargain hunting snaps market’s 4-day slump
The Philippine Stock Exchange index broke out of its four-day slump as investors gobbled up bargain stocks.
Read full article →BSP eyes stricter climate reporting for banks
The Bangko Sentral ng Pilipinas is proposing to require the country’s largest and publicly listed banks to adopt stricter sustainability and climate-related disclosure standards starting 2027, as regulators seek more consistent and comparable reporting of environmental risks.
Read full article →College education
How useful is a college diploma? According to The Economist, “A university degree no longer seems to offer much protection from joblessness.”
Read full article →DOH’s proposed nutrient profile seen to hike food production costs
The government’s proposed nutrient profile model may drive up food manufacturing costs and affect the country’s agricultural exports, according to the Philippine Chamber of Agriculture and Food Inc.
Read full article →Emperador posts solid results despite global challenges
Global brandy and whisky conglomerate Emperador Inc. of tycoon Andrew Tan pulled off a solid first quarter performance despite a challenging global environment, with net profit increasing by five percent to P1.96 billion from last year’s P1.86 billion.
Read full article →Employers push for responsible AI adoption
The country’s umbrella organization of employers is pushing for the responsible adoption of artificial intelligence (AI) and reforms to improve the business environment and strengthen good governance amid challenges affecting employment generation.
Read full article →GSIS income nearly triples in Q1, assets hit P2 trillion mark
The Government Service Insurance System saw its net income nearly tripled to P43.6 billion in the first quarter, with the state-run provident fund likely breaching its P2.1-trillion asset target by the end of the year.
Read full article →Imports squeeze hog farmgate prices to P180/kilo
Farmgate prices for local pork have fallen to as low as P180 kilogram, prompting farmers to back the government’s plans to implement a price ceiling on liempo or pork belly.
Read full article →Jollibee opens 109th North America store
The Jollibee Group continues its expansion in North America with the opening of a new Jollibee store in New York City.
Read full article →Landbank cuts transfer fee to P8
Land Bank of the Philippines has cut its InstaPay transfer fee for person-to-person (P2P) transactions to P8 from P15, while offering one free daily transaction worth P1,000 or less.
Read full article →Now the pain begins
By next week, the US-Iran war, triggered by the joint US and Israel attack on Tehran on Feb. 28, will officially have reached three devastating months for the global economy. This war has upended the energy, trade, travel and logistics sectors, among others hardest hit, and currently has no clear timeline for resolution.
Read full article →PAL to resume flights to Sapporo in November
Flag carrier Philippine Airlines is returning to the winter wonderland of Sapporo, hoping to stir interest among Filipinos to visit one of Japan’s best snow places.
Read full article →Robinsons Logistix to build FedEx facility in Clark
Robinsons Logistix and Industrials Inc., the logistics and industrial facilities arm of Robinsons Land Corp. (RLC), is strengthening its presence in one of the country’s most active industrial and transport corridors with a new built-to-suit logistics facility for FedEx at Clark International Airport.
Read full article →SM Offices putting up P700 million Clark tower
SM Offices, the commercial leasing arm of SM Prime Holdings Inc., is investing around P700 million for a new tower development that will further reinforce Clark’s position as a premier alternative to Metro Manila’s traditional central business districts.
Read full article →Thai firm readies P1 billion coconut processing plant
Thai World Group of Companies, through its local affiliate, is set to open a P1-billion coconut processing facility in Misamis Oriental in July.
Read full article →Ecozone moratorium in NCR seen curbing locator flexibility
THE MORATORIUM on approving new economic zones in Metro Manila is restricting the flexibility of IT and business process management (IT-BPM) companies in selecting office locations, Savills Philippines said.
Read full article →Davao DPWH officials charged over ‘ghost’ farm road projects
THE Department of Agriculture (DA) said it lodged graft, malversation, and falsification charges against multiple officials of the Department of Public Works and Highways (DPWH) in Davao Occidental, alleging that they improperly certified eight farm-to-market road (FMR) projects as complete. In a statement, the DA said it discovered eight projects valued at P94 million in […]
Read full article →Visayas grid on yellow alert again
THE Visayas grid was placed on yellow alert once more on Thursday, with the region’s power supply remaining under pressure in the face of surging demand due to the hot weather, with a number of power plants still offline. The National Grid Corp. of the Philippines (NGCP) said the yellow alert for the Visayas was […]
Read full article →Hybrids, EVs gain momentum as energy crisis deepens — Deloitte
CAR OWNERS and potential buyers are expressing growing interest in hybrids and electric vehicles (EVs), according to a consumer study conducted by Deloitte. Citing its 2026 Global Automotive Consumer Study, Deloitte found that in the Philippines, 34% of survey respondents expressed interest in the electrified segment, compared with 27% a year earlier. The top reasons […]
Read full article →DA further signals intent to cap pork belly prices at P380 per kilo — SINAG
GOVERNMENT consultations with farmers on capping the price of domestic pork belly (liempo) appeared to confirm the Department of Agriculture’s (DA) intent to set a P380 per kilo price ceiling for the commodity, an industry association said. Samahang Industriya ng Agrikultura (SINAG) Executive Director Jayson H. Cainglet said the group discussed the proposed price cap […]
Read full article →