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
Megaworld keeps guarded optimism for 2026
Property giant Megaworld Corp. is staying optimistic this year even as the company has recalibrated its capital expenditures and residential project launch plans.
Read more →Mica Tan stays on case settlement path
Despite being issued an International Criminal Police Organization red notice, MFT Group of Companies chief executive officer Maria Francesca Tan, whose current whereabouts remain unknown, is staying firm on her resolve to settle its case with the Securities and Exchange Commission and address obligations with creditors.
Read more →Remolona seeks reappointment of Wassmer, Querubin to Monetary Board
Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. has asked for the reappointment of Monetary Board members Walter Wassmer and Jose Querubin, whose terms are set to end on July 2.
Read more →Rizal communities gain broadband services boost
One of the country’s major telcos continues to strengthen its commitment to accessible and convenient connectivity services with the opening of a new Onsite Distribution Operations (OSDO) hub in Barangay Mahabang Parang, Angono, Rizal.
Read more →Share prices to take cue from US-Iran peace deal
The local stock market is expected to take cues this week from the situation in the Middle East, particularly on developments on the peace deal between the US and Iran.
Read more →SMPH’s future growth driver
Honestly, if there is one stock pick I would bet my future on, it would be SM Prime Holdings.
Read more →‘Solar reserve’ pitched as additional shield vs oil crisis
Beyond the proposed strategic petroleum reserve, the government should also fund rooftop solar rollout to strengthen energy security and buffer the Philippines from global oil shocks, an industry group said.
Read more →This time, it’s for real?
After so many pronouncements, threats, deadlines and reversals from President Trump, the US and Iran finally signed a memorandum of understanding aimed at paving the way for a permanent peace deal. This time, there is a signed agreement, a reopening of the Strait of Hormuz and immediate relief in oil markets.
Read more →UNDP seeks deeper Philippines tieups on energy, digital skills
The United Nations Development Program is looking to strengthen cooperation with the Philippines in accelerating energy security, developing digital skills and mitigating climate risks to boost the country’s long-term resilience.
Read more →ACEN pours P1 billion into RE site expansion
ACEN Corp. of the Zobel family has injected an additional P1 billion into a subsidiary responsible for securing new strategic sites for its renewable energy expansion.
Read more →Beauty industry sees up to 10% growth in sales
The Philippine beauty industry is expected to continue blooming, with sales projected to grow by nine to 10 percent this year, driven by the high value placed by Filipinos on their physical appearance.
Read more →CBS doubles credit provisions
China Bank Savings Inc. is doubling its credit provisions this year as it braces for a weaker market, while keeping its branch expansion program on track to strengthen its retail banking presence.
Read more →Government expands college scholarships for coconut farmers
The government has expanded its scholarship program to support the college education of country’s coconut farmers or their families.
Read more →Health care spending rises to P1.87 trillion
Health care spending in the country rose by 15 percent in 2025, as Filipinos are placing more importance on taking care of their health.
Read more →Improved ube varieties in development at UPLB
Researchers from the University of the Philippines-Los Baños are looking to develop improved varieties of purple yam, or ube, as the root crop gains rising global acclaim.
Read more →Infrastructure, trust crucial in sustaining digital agriculture across ASEAN
Technology infrastructure may be foundational to digital agriculture, but access and connectivity are just the beginning. In ASEAN countries, it is critical to meet smallholder farmers halfway and provide them not just internet and devices, but community-wide support that will help them sustain digital farming practices.
Read more →Making the kids visit
An elderly man in Manila calls his son in Davao and says, “I hate to ruin your day, but I have to tell you that your mother and I are separating. Forty-five years of misery is enough.”
Read more →Much-needed legislation
Every year, a new report comes out confirming what everyone already knows.
Read more →Onion farmers get credit line via Jollibee, BanKo partnership
The Jollibee Group Foundation has partnered with the microfinance arm of the Bank of the Philippine Islands to provide onion farmers access to financing that may help them improve their productivity and boost their income.
Read more →SM Prime expands office space portfolio
SM Offices, the commercial leasing arm of the Sy family’s SM Prime Holdings Inc., is set to deliver this year its newest Philippine Economic Zone Authority-accredited office tower in Quezon City that will add 31,000 square meters of office space to its portfolio.
Read more →WTE auction capacity increased to 400 MW
More capacity is now up for grabs in the country’s waste-to-energy auction, with the government raising the installation target and giving companies a longer runway to complete bid requirements.
Read more →AGI allots P62 billion for 2026 capex
Conglomerate Alliance Global Group Inc. (AGI) of tycoon Andrew Tan is setting aside P62 billion in capital expenditures this year to fund the group’s next phase of growth.
Read more →Approved construction permits down 7 percent in April
Construction projects based on approved building permits declined by seven percent in April from a year ago, but the value posted double-digit growth year-on-year, according to the Philippine Statistics Authority (PSA).
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