Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1488 articles from PhilStar Business
Globe extends Starlink service to Japan
Telco-to-tech giant Globe Telecom Inc. is maximizing its partnership with Starlink by activating direct-to-device connectivity abroad, firstly in Japan as a roaming support.
Read more →ICTSI’s Croatia unit hits 4 million TEUs milestone
The Croatian unit of International Container Terminal Services Inc. (ICTSI) has handled four million twenty-foot equivalent units (TEUs) to date, reaching a new milestone after completing its latest upgrades.
Read more →Indian firms eye exclusive ecozone for pharma, biotech
Indian firms have expressed interest in developing an exclusive economic zone for Indian investments in the pharmaceutical and biotechnology sectors, according to the Philippine Economic Zone Authority.
Read more →MVP tightens grip on Meralco with P12.4 billion stake deal
Tycoon Manuel V. Pangilinan is further strengthening his grip on power giant Manila Electric Co. (Meralco) through a P12.4-billion stake deal with business partner Ramon Ang.
Read more →Net external liabilities widen to $65.6 billion in Q2
The Philippines’ net external liability position widened in the second quarter as increased foreign borrowing by banks, businesses and the government outpaced the country’s holdings of financial assets abroad, data from the Bangko Sentral ng Pilipinas (BSP) showed.
Read more →NTC to issue rules on importation, sale of refurbished mobile phones
The National Telecommunications Commission (NTC) conducted a public hearing on the proposed memorandum circular governing the importation, dealership, accreditation, labeling and sale of refurbished and used mobile phones, tablets and other customer premises equipment.
Read more →Philippines, ADB sign P48 billion loan for universal health care
The Philippines has secured a yen-denominated financing package equivalent to around P48 billion (119.745 billion yen) from Asian Development Bank (ADB) to support reforms aimed at strengthening the country’s universal health care system, according to the Department of Finance.
Read more →Philippines, Singapore conclude talks on tax treaty update
The Philippines and Singapore have concluded negotiations for an updated double taxation agreement (DTA), paving the way for clearer tax rules governing cross-border income between the two countries.
Read more →RHR named Philippine’s Leading Hotel Group
Robinsons Hotels and Resorts (RHR), the hospitality arm of the Gokongwei family’s Robinsons Land Corp. (RLC), has bagged the prestigious title of Philippines’ Leading Hotel Group in the 2026 World Travel Awards, with its homegrown Filipino hotel brand conquering the Asian luxury hospitality scene.
Read more →SMPC cuts more jobs as coal bid uncertainty hits Acacia
Semirara Mining and Power Corp. (SMPC) is laying off nearly 1,000 more employees as uncertainty over its coal contract limits investment and forces reduced operations at its Acacia mine in Antique.
Read more →Stocks slip to lowest level in 11 months
The local stock market sustained its winless record for the week, finishing yesterday’s session with another loss.
Read more →GCash brings stock market education within reach through GStocks PH ‘Part-Owner Era’ hubs
GCash opens interactive learning spaces in One Ayala in Makati and Bonifacio High Street in Taguig to demystify stock market investing.
Read more →Diesel prices may drop by P1/L next week, gasoline and kerosene seen up
A mixed price adjustment on local oil and fuel products is expected next week, the Department of Energy said.
Read more →Filipinos get shot at digital economy ownership with GCash IPO, says solon
The P6.60 final pricing of the initial public offering (IPO) of Mynt Inc. could bring ownership of one of the Philippines’ largest digital platforms within reach of a broader base of Filipino investors, according to a lawmaker.
Read more →Whoscall launches 'Di Lahat Dinededma' campaign to empower Filipinos to avoid scams without missing important calls
Whoscall encourages Filipinos to download the app and make caller identification part of their everyday digital-safety routine.
Read more →Bank lending growth reaches 3-month high
Bank lending growth accelerated to a three-month high in August as businesses continued to tap credit, offsetting a further slowdown in household borrowing.
Read more →Digital sovereignty
It is hardly surprising that the DICT is struggling to get foreign-based social media platforms to comply with local regulations. Perhaps, this should be a prime topic in the ASEAN summit this month to produce a regional stand.
Read more →ERC, NGCP end disputes over permit, regulatory fees
The Energy Regulatory Commission and the National Grid Corp. of the Philippines have reached a compromise deal to resolve their longstanding disputes over permit and regulatory fees.
Read more →Factory activity contracts in September
Manufacturing activity in September slipped to negative territory for the first time in five months due to weak demand and increased competition from foreign rivals, according to S&P Global.
Read more →GCash IPO price set at P6.6/share
E-wallet giant GCash has priced its initial public offering at P6.6 per share, settling for a rate lower than initial expectations but would still set up the country’s largest market debut.
Read more →Government eyes retail dollar bond offer by year-end
The Bureau of the Treasury is considering a retail dollar bond offering before year-end as the government looks to tap domestic investors for its financing needs.
Read more →GSIS solar loans now available to pensioners
The Government Service Insurance System opens its solar energy loan to qualified pensioners, allowing them to borrow up to P500,000 for the purchase and installation of solar energy systems.
Read more →Looming worker strike to cut Philex’s Padcal mine output
Philex Mining Corp. expects reduced operations from its Padcal mine in Benguet, as a looming workers’ strike threatens to disrupt activities amid stalled collective bargaining talks.
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