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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.

2033 articles across all sources

All sourcesBusinessWorldBusinessWorld BankingBusinessWorld EconomyInvesting.com PHManila Times BusinessPhilStar BusinessRappler Business
BusinessWorld

Peso falls as market awaits June CPI

THE PESO weakened again versus the dollar on Monday as players took positions before the release of June Philippine inflation data. The local unit closed at P61.491 per dollar, dropping by 7.6 centavos from its P61.415 finish on Friday, Bankers Association of the Philippines data posted on its website showed. The peso opened Monday’s session […]

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BusinessWorld

AI and the quest for resiliency and sustainability

In the contemporary discourse on sustainability and resilience, artificial intelligence (AI) is often extolled as a technological oracle, a panacea capable of deciphering the complexities of climate change, predicting disasters and orchestrating adaptive strategies. Yet beneath this veneer of promise lies a constellation of limitations that demand sober reflection. To entrust the fate of humanity’s […]

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BusinessWorld

PNB says property unit continues listing preparations

PHILIPPINE National Bank (PNB) said its property arm PNB Holdings Corp. (PHC) continues to prepare for its proposed listing by introduction on the Philippine Stock Exchange (PSE), while the timing of the transaction remains under review. In a disclosure on Monday, PNB said PHC is undertaking the documentation and other preparatory requirements for the proposed […]

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BusinessWorld

Entertainment News (07/07/26)

PRIME VIDEO unveils its July lineup, featuring a diverse mix of global and local titles across series, animé, documentaries, and films.

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BusinessWorld

Developer financing props up condo market, analysts say

DEVELOPERS’ flexible financing schemes are helping sustain the condominium market despite a decline in residential home loans, with property analysts attributing the disconnect to buyers using in-house payment arrangements before obtaining bank mortgages. Their comments came after condominium prices rebounded 11.1% quarter on quarter even as residential home loans declined, a disconnect they attributed to […]

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BusinessWorld

Malayan Insurance to offer travel policies via buy now, pay later firm Atome’s app

MALAYAN Insurance Co., Inc. has partnered with Atome to offer travel insurance plans on the buy now, pay later (BNPL) provider’s platform. Under the partnership, Atome users can purchase Malayan Insurance’s travel policies with prices starting at P89 via the Atome app, the nonlife insurer said in a statemnt on Monday. The integration is powered […]

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BusinessWorld

AC Health’s Healthway opens 18th multi-specialty center

HEALTHWAY MEDICAL NETWORK (HMN), Inc. has expanded its multi-specialty outpatient network to 18 centers nationwide after opening its flagship facility at One Ayala in Makati City, as the company accelerates its expansion strategy. The healthcare provider, a unit of Ayala Healthcare Holdings, Inc. (AC Health), said on Monday that it plans to expand its network […]

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BusinessWorld

Meralco cites misinformation as it joins media literacy campaign

MANILA ELECTRIC CO. (Meralco) cited misinformation and disinformation affecting the power distributor as it joined MediaQuest Holdings, Inc.’s THINKaMuna Pilipinas campaign to promote media and information literacy among employees and customers. Representatives of Meralco and MediaQuest signed a memorandum of agreement on Monday formalizing the power distributor’s participation in the advocacy campaign. Joe R. Zaldarriaga, […]

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BusinessWorld

The value of mixed-use development in urban living

By Felino Palafox, Jr. IMAGINE an urban community where everything you need is reachable within a five-minute walk from your doorstep. This is how we envisioned Rockwell Center when we did the architecture, design, and master-planning in 1998. In a time when projects were limited to shopping malls, gated subdivisions, or condominium and apartment buildings, […]

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BusinessWorld

BSP looks to complete wCBDC roadmap this year

THE BANGKO SENTRAL ng Pilipinas (BSP) could complete the roadmap for the country’s wholesale central bank digital currency (wCBDC) by October, a senior central bank official said. BSP Deputy Governor Mamerto E. Tangonan said it will take them three more months to finish and approve the strategic roadmap for the wholesale BSP-issued digital currency. “Give […]

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BusinessWorld Banking

BTr, IMF deepen technical cooperation on public financial management

THE BUREAU of the Treasury (BTr) and the International Monetary Fund (IMF) are looking to expand their technical cooperation to modernize the country’s public financial management system, including exploring the use of artificial intelligence in treasury operations. In a statement on Monday, the Treasury bureau said it met with representatives from the IMF to discuss […]

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PhilStar Business

A leadership lesson behind the fish and the crocodile

There’s an African proverb that says: “If the fish comes out of the water to tell you the crocodile is sick, believe it.”

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PhilStar Business

Accountability by design: How digital tools can close the procurement gap

The Philippines does not lack procurement laws.

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PhilStar Business

ACEN sells 49% stake in India wind venture

ACEN Corp. is pursuing another strategic stake sale in India, this time by selling up to a 49-percent interest in a wind power project to a Dutch investor.

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PhilStar Business

DA approves P2 billion farm-to-market roads

The Department of Agriculture has approved the implementation of P2.06 billion worth of farm-to-market roads, funded under the World Bank’s Philippine Rural Development Program Scale-Up.

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PhilStar Business

DA to strengthen disease mitigation for bananas

The Department of Agriculture is looking to strengthen its efforts to curb diseases facing the local banana industry, as the agency seeks to plug the country’s P10-billion farm trade deficit.

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PhilStar Business

‘Economy can handle another rate increase’

The Philippine economy can still absorb another interest rate increase if needed, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said, as inflation remains elevated while growth is expected to recover in the second half.

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PhilStar Business

GDP needs to grow 3.7% in next 3 quarters to hit target this year – DEPDev

The Philippines will need to post at least 3.7 percent growth in the next three quarters to achieve the revised growth target for the year, according to the Department of Economy, Planning and Development.

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PhilStar Business

Healthway opens biggest multi-specialty clinic

AC Health’s Healthway Medical Network has opened its flagship multi-specialty center in Makati, with two more clinics in its pipeline this year.

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PhilStar Business

It’s not you, it’s me: Are delistings hurting the PSE?

Breakups hurt in relationships, and they often leave the person who got dumped with the question: “is it me?”

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PhilStar Business

Over 100 erring power firms snub DOE show-cause order

Some 121 power producers appear to have shrugged off show cause orders issued by the Department of Energy over potential violations.

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PhilStar Business

Philippines sees gains in most SDGs, but slips in health, disaster risks

The Philippines has made progress in more than half of the Sustainable Development Goals, but has deteriorated in terms of health and disaster risks, according to the Philippine Statistics Authority.

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PhilStar Business

PNB Holdings moves closer to PSE listing

Lucio Tan-led Philippine National Bank is keeping its support behind the planned listing of PNB Holdings Corp., a move that would bring to the stock market a real estate company with more than P50 billion in assets and prime properties in Makati and Pasay.

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PhilStar Business

PSEi sustains momentum, returns to 6,200 level

The local stock market sustained its upward trajectory, marking a successful return to the 6,200 level on hopes of inflation slowing further in June.

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