Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
332 articles from PhilStar Business
Government sets 3.5–4.5% growth target for 2026
The government is now expecting the country’s economy to grow between 3.5 percent and 4.5 percent this year due to the impact of the Middle East conflict and the lingering effect of the flood control controversy, according to the Department of Economy, Planning and Development.
Read more →LNGPH, Mitsubishi Power seal gas turbine support deal
LNGPH, the multibillion-dollar gas venture of Manuel V. Pangilinan, Ramon Ang and Sabin Aboitiz, has tapped Japan’s Mitsubishi Power to ensure the reliable operation of its large gas-fired facility in Batangas.
Read more →Marcos gives ‘high priority’ to luring semicon, AI investors
President Marcos has directed agencies to offer perks that will attract semiconductor and artificial intelligence investors, describing as a “high national priority” the luring of high-impact industries to the country.
Read more →Philippines eyes $1.5 billion ADB financing for ME crisis response
The government is seeking up to $1.5 billion from the Asian Development Bank to support state programs aiming to cushion the economic shock from the Middle East crisis, Finance Secretary Frederick Go said.
Read more →‘Philippines must lead unified ASEAN front vs illicit tobacco trade’
The Philippines must take the lead for a stronger regional response against the multibillion-peso illicit tobacco trade especially as it assumes chairship of the Association of Southeast Asian Nations bloc this year.
Read more →PLDT taking data center unit public, files P24 billion IPO
Telco giant PLDT Inc. will be selling nearly half of its stake in its data centers, heading to the Philippine Stock Exchange with a goal of raising as much as P24.2 billion.
Read more →RLC launches largest flexible workspace in Western Visayas
Gokongwei-led real estate developer Robinsons Land Corp. has launched its first and biggest flexible workspace center in Western Visayas, supporting regional operations, satellite teams, project offices as well as interim workspaces for businesses preparing to transition to permanent sites.
Read more →SEC to agree on Mica Tan, settlement if...
Securities and Exchange Commission chair Francis Lim has laid out certain conditions for Maria Francesca Tan and the MFT Group of Companies if they want to patch things up with the commission.
Read more →Stocks, peso tumble on US-Iran talks uncertainty
The local stock market took a heavy beating yesterday, dragged down by uncertainty over the US-Iran peace talks and the depreciation of the peso against the dollar.
Read more →Tanduay remains world’s No. 1 rum
Lucio Tan–owned Tanduay continues to show its dominance in the global rum category, maintaining its World’s Number 1 Rum title for nine consecutive years.
Read more →Turning a ‘dead donkey’ into a valuable asset
A reader asked me about some examples on how to turn a problem into an opportunity.
Read more →Big fuel price rollback to proceed despite Hormuz disruption – DOE
DOE says latest oil market risks may affect next week’s prices instead.
Read more →Why credible tax guidance matters for busy Filipino taxpayers
DocTax is an AI-powered tax query assistant and matching platform.
Read more →NIA activates El Niño preparedness, water management measures
NIA said it had prepared mitigation and contingency measures months in advance.
Read more →Japan approves five-fold increase in visa fees for foreign nationals
Japan has approved a five-fold increase in visa fees for foreign nationals.
Read more →COMMENTARY: Why the Philippines cannot afford to delay open finance
The recently filed Open Finance bill may be the most consequential piece of legislation in addressing this.
Read more →Palawan Group of Companies honors loyal employees who helped lay the foundation of its success
61 employees who are celebrating their 20th, 25th and 30th year of service were honored.
Read more →Balance of payments back to surplus in May
The balance of payments position returned to a surplus in May, snapping six straight months of deficits, as oil price rollbacks and steady dollar inflows eased pressure on the country’s external accounts.
Read more →Cash in or withdraw? Avoiding a clash with GCash’s mega-IPO
Experts say timing is critical to a successful initial public offering.
Read more →FAST Logistics to return under full Chiongbian ownership
The Chiongbian family is set to restore full ownership of FAST Logistics Group by buying back the 40 percent stake held by private equity firm CVC Capital Partners.
Read more →Getting old before getting rich
Our country has just recorded a sharp drop in our fertility rate from seven children per woman in the 1960s to 1.7 today, below the replacement rate of 2.1.
Read more →Government seeks private help in P18 billion offshore wind push
It will require up to P18 billion to construct the country’s first three offshore wind terminals, so the government is turning to the private sector for help in building the projects.
Read more →Infrastructure expenses decline anew in April
Government infrastructure spending plunged again in April, falling 51.7 percent year-on-year, as the Department of Public Works and Highways continues to face delayed budget execution, unfinished projects and stringent payment validations.
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