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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

[Vantage Point] From PrimeWater to Hiraya: The P6.7-B question

Can a corporate transfiguration wash away years of public distrust?

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Rappler Business

Meet the Filipino founders building businesses on TikTok Shop, Shopee

From contact lenses and Mangyan honey to baby clothes and the latest gadgets, here's how Filipino entrepreneurs are using e-commerce platforms to turn their dreams into businesses

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Rappler Business

Why Metro Manila’s ‘historic’ P85 wage increase was put on hold

The implementation of the minimum wage increase is halted until at least August 13 by a temporary restraining order issued by a Pasig Regional Trial Court

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Rappler Business

Senior citizens: The forgotten sector in Marcos’ 2026 SONA

Around 80% of Filipino seniors do not hold formal pensions from the SSS or GSIS, leaving them completely unprotected against inflation or sudden medical shocks

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Rappler Business

Maharlika Fund: A top taxpayer with billions barely invested

Three years after its creation, the overwhelming majority of Maharlika's capital still sits in banks collecting interest, though the sovereign wealth fund has cautiously started investing in ports, power, and mining

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Rappler Business

Who comes after MVP? Pangilinan has successors in mind.

The 80-year-old tycoon says the next crop of leaders will be in their 30s or early 40s, adding that they can't be 'the run-of-the-mill legacy guys majored in HRM or home economics'

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Rappler Business

Refreshed Alabang Town Center? What shoppers can expect now that Rockwell has near-full control.

Rockwell has commissioned Uruguayan architect Carlos Ott and Filipino architect Jun Rodriguez to draw up a master plan for the Southie icon's glow-up

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Rappler Business

[Ask the Tax Whiz] What do the proposed tax reforms in Marcos’ 2026 SONA mean for you?

Government should recover revenues lost in tax reforms by plugging tax evasion and running after those with unexplained wealth

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Rappler Business

Opening a bank account is now easier for National ID holders

As more banks connect to the National ID database, opening a bank account may soon be as easy as entering your name, birthday, and taking a live selfie

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Rappler Business

InstaPay raises transfer limit to P500,000 for real-time business payments

InstaPay for Business is available through PNB, GoTyme, RCBC, Wise, and DCPay, though industry officials say all major banks have already signified interest to participate

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Rappler Business

Meralco chair Pangilinan: Power industry ‘may not survive’ if asked to absorb system loss

The warning comes from the chairman of Meralco — the distribution giant that posted a record P50.6 billion in core profit in 2025 — who says forcing the power industry to absorb system loss costs could run into tens of billions of pesos

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Rappler Business

Government earns P205 million from sale of 2024 smuggled ultraluxury Bugatti Chirons

A 2024 Rappler investigation found that the two cars had been imported and registered using questionable documents that severely undervalued the vehicles and exposed gaps in the Land Transportation Office's systems

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Rappler Business

[In This Economy] The populist economics of SONA 2026

This year’s SONA seems to be a bit more polished and better crafted—in form, at least. In terms of substance, though, it’s terribly populist.

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Rappler Business

How much could you save if system loss charges are removed from your Meralco bill?

System loss, which accounts for about 5% of a Meralco bill, includes electricity lost to illegal connections and metering errors

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Rappler Business

[Vantage Point] System loss: The electricity consumers pay for but never receive

Behind that popular declaration lies a complicated regulatory system that has protected distribution utilities from costs that most businesses would normally be expected to manage

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Rappler Business

Another fuel price hike set for July 28

The increase follows last week’s big jump, when diesel rose by P10.68 per liter and gasoline by P3.65 per liter

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Rappler Business

[Vantage Point] Do you want to own one square meter of Ayala Avenue?

Why tokenized securities could become the next revolution in investing.

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Rappler Business

Meralco: Some system loss unavoidable, urges careful EPIRA reform

'System loss is not unique to any distribution utility but is a common operational aspect of the delivery of electricity,' Meralco says in a statement, adding that its system loss rate was 'well below' the 6.5% cap set by regulators

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Rappler Business

Johnson & Johnson announces $5.5-billion settlement of talc lawsuits

The deal must be accepted by 95% of the ovarian cancer claimants in state or federal court before it becomes final

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Rappler Business

EXPLAINER: What is system loss, and how does it affect your power bill?

System loss, which accounts for about 5% of a Meralco bill, includes electricity lost to illegal connections and metering errors. The key question legislators need to answer is who will absorb the cost instead.

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Rappler Business

Marcos pushes tax cuts, lower power bills as inflation strains economy

In his fifth SONA, the President seeks quick, consumer-facing wins by pushing to raise the annual personal income tax exemption threshold to cover more middle-income Filipinos and end system loss charges on electricity bills

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Rappler Business

Why Energy Secretary Garin says Pax Silica is ‘too dangerous’ to plug into grid

Energy Secretary Sharon Garin tells Rappler why Pax Silica will likely need its own power system if plugged into the Luzon grid

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Rappler Business

Bangko Sentral recycles old peso bills into armchairs for this Davao City classroom

The next stop for some worn-out Philippine banknotes is not the shredder or the landfill, but the classroom

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Rappler Business

[Finterest] Apple Pay, LRT1 tap-to-pay? What’s next in BSP’s digital payment roadmap

'Stay tuned kasi may alam akong mga banks mag-lalaunch,' a high-ranking Bangko Sentral ng Pilipinas official says about Apple Pay ahead of its expected Q3 2026 launch

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