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Philippines Business News

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

2384 articles from BusinessWorld

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BusinessWorld

Attacks on Saudi airports kill three people, as fighting escalates in Yemen

THREE people have been killed in attacks on Saudi airports, the country’s civil aviation authorities said on Wednesday,…

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BusinessWorld

Belgian student protests against education costs echo France

LIEGE — Hundreds of students, inspired in part by student unrest in neighboring France, have taken to the…

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BusinessWorld

Venezuela’s Maduro to face new US charges over alleged torture of Americans, official says

WASHINGTON — Ousted Venezuelan President Nicolas Maduro and his wife Cilia Flores are expected to face new criminal…

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BusinessWorld

Nobel chemistry prize goes to pair who solved mystery of ‘mirror image’ molecules

STOCKHOLM — Scientists Henri Kagan and Kenso Soai won the 2026 Nobel Prize in Chemistry on Wednesday for…

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BusinessWorld

Philippines’ dollar reserves plunge to three-year low at end-September

By Katherine K. Chan, Reporter The Philippines’ dollar reserves plummeted to its lowest level in three years at…

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BusinessWorld

Cebu Landmasters enters new phase as leadership, expansion reshape growth story

For Cebu Landmasters Inc. (CLI), its 23rd year marks more than another milestone in the company’s growth. It…

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BusinessWorld

AllDay, AllHome trim store networks amid cost push

ALLDAY Marts, Inc. and AllHome Corp. have reduced their store networks since the end of 2025 as the…

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BusinessWorld

Unemployment rate hits 5.3% in August

THE PHILIPPINES’ unemployment rate rose to 5.3% in August from 3.9% a year earlier, leaving 2.77 million Filipinos…

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BusinessWorld

BSP may deliver fourth straight rate hike amid mounting inflation risks

THE Bangko Sentral ng Pilipinas (BSP) may deliver a fourth straight rate hike this month, with further tightening possible as intensifying price pressures complicate its fight against inflation, analysts said.

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BusinessWorld

Philippine factory output growth fastest in over 4 years

FACTORY OUTPUT grew at its fastest pace in more than four years in August, driven by stronger production of electronics, transport equipment and basic metals, the Philippine Statistics Authority (PSA) said.

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BusinessWorld

Philippines aims to cut oil dependence by 50% by 2040

THE PHILIPPINES is aiming to halve its dependence on oil by 2040 as part of efforts to reduce reliance on imported fuel, a top Department of Energy (DoE) official said.

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BusinessWorld

Pangilinan signs deal to acquire P2.19-B Meralco stake from San Miguel unit

MANUEL V. PANGILINAN, chairman and chief executive officer of Manila Electric Co. (Meralco), has signed an agreement to…

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BusinessWorld

SMPC warns coal bid rules could disrupt Semirara production

CONSUNJI-LED Semirara Mining and Power Corp. (SMPC) warned on Wednesday that the bidding rules used for the government’s…

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BusinessWorld

Mynt IPO seen drawing strong local demand

DEMAND from local investors for Mynt, Inc.’s initial public offering (IPO) has been strong, with orders from major…

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BusinessWorld

SSI Group to open dedicated On stores under PHL distribution deal

SSI GROUP, Inc. has partnered with Swiss sportswear brand On to handle its wholesale and retail distribution in…

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BusinessWorld

BPOs seek lower-cost provincial hubs as NCR wages rise — PRIME

BUSINESS process outsourcing (BPO) firms are expanding into provincial cities in the Visayas and Mindanao as rising labor…

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BusinessWorld

Manila Water completes P5.7-billion submarine pipeline for East Bay project

EAST ZONE concessionaire Manila Water Co., Inc. said it has completed a P5.7-billion submarine transmission system that will…

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BusinessWorld

F&B seen driving nearly half of Metro Manila retail take-up through 2028 — Colliers

FOOD and beverage (F&B) tenants are expected to account for nearly half of Metro Manila retail space absorption…

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BusinessWorld

Aboitiz group expands AI, cybersecurity skills development

ABOITIZ GROUP is expanding workforce training in artificial intelligence (AI), cybersecurity, and other emerging technologies as it increases…

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BusinessWorld

August unemployment rate rises to 5.3%

THE PHILIPPINES’ unemployment rate rose to 5.3% in August from 3.9% a year earlier, leaving 2.77 million Filipinos…

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BusinessWorld

ADB weighs $300-M initial package for MRT-4

THE Asian Development Bank (ADB) is considering a $300-million financing package for the first tranche of the Metro…

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BusinessWorld

AI infra emerging as key driver of global trade — DHL Express

THE artificial intelligence (AI) boom has become a key driver of global trade, with the infrastructure needed to build out such systems ultimately requiring a logistics solution, DHL Express said in its latest Globalization Tracker.

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BusinessWorld

Factory output growth hits over four-year high of 11.8% in August

FACTORY OUTPUT grew at its fastest pace in more than four years in August, driven by stronger production…

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BusinessWorld

Investments eligible for green lane hit P455 billion at end of September

PROJECTS approved for green lane treatment amounted to P455.61 billion at the end of September, the Board of…

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