Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1253 articles from PhilStar Business
Direct listing of pref shares now allowed
The direct listing of preferred shares as an alternative to traditional initial public offerings (IPOs) will now be allowed as part of the Philippine Stock Exchange Inc. (PSE)’s efforts to democratize access to the stock market.
Read more →Foreign investments surge 68% to P115 billion
Foreign investment commitments approved by investment promotion agencies jumped by 68 percent in the second quarter from a year ago, with the bulk to go to manufacturing activities, according to the Philippine Statistics Authority (PS.
Read more →Hidden forex fees cost Pinoys P50 billion – report
Filipino consumers and businesses lost an estimated P50 billion to foreign exchange markups on cross-border transactions in 2024, according to global payments firm Wise.
Read more →Luzon provinces eyed as sites for nuclear power plants
Filipinos in Bataan, Palawan, Masbate, Pangasinan and Camarines Norte could soon find themselves living near the Philippines’ first commercial nuclear power plants.
Read more →Mideast firms mull oil stock piling in Philippines
Industry players from the Middle East are looking to invest in the Philippines’ planned strategic oil reserve, according to Energy Secretary Sharon Garin.
Read more →PAL plunges into net loss in H1
Flag carrier Philippines Airlines had its wings clipped by rising prices in the first half, as it incurred a net loss of $25.1 million due to a double-digit increase in fuel costs.
Read more →Philippines taps P14 billion French loan for blue economy reforms
The Philippines has tapped another P14.03-billion loan from France to finance reforms aimed at protecting marine ecosystems, expanding the blue economy and creating more sustainable livelihoods for over three million Filipinos.
Read more →Phl needs to restore investment confidence
According to the latest report of GlobalSource Partners on the Philippines written by former Bangko Sentral ng Pilipinas (BSP) Deputy Governor Diwa Guinigundo and Wilhelmina Manalac (who was also a high-ranking BSP official), the Philippine government needs to “restore the foundations for sustained, investment-led and productivity-driven growth” if it wants to truly grow the Philippine economy moving forward.
Read more →SSS eyes overseas markets as investments hit P1.27 trillion
The Social Security System had P1.27 trillion in consolidated investments as of end-June, giving the state pension fund greater room to explore opportunities overseas while maintaining its presence in the Philippine capital market.
Read more →Stocks slide as investors cash in gains
The local stock market tumbled as investors opted to take profits following a two-day climb.
Read more →The human touch in the AI Age: SuperStaff’s people-first mission to solve the global talent crisis
Forward-thinking business leaders like SuperStaff are using AI as a catalyst to elevate the standard of work. In this new model, the human worker isn't answering the basic query—they are managing, correcting, and governing what AI does not.
Read more →'Zero barriers' urged in push for financial inclusion among Filipinos
A lawmaker has called for the removal of unnecessary barriers to financial services.
Read more →Annual stockholders’ meeting of Lopez Holdings Corporation slated on September 14
The annual stockholders’ meeting of Lopez Holdings Corporation (the “Corporation”) has been postponed to Monday, September 14, 2026, at 10 a.m. and will be held virtually at https://conveneagm.com/ph/lpzasm2026.
Read more →SAFC accelerates AI adoption to strengthen customer-centric collections with AI Rudder
As the financial services industry continues to evolve, financing companies are under increasing pressure to improve collections performance while delivering a more customer-centric experience.
Read more →ACEN extends additional P1 billion financing to Quezon North Wind
ACEN Corp. of the Zobel family has added up to P1 billion in financing for its subsidiary developing the massive Quezon North Wind Power Project.
Read more →Ayala’s retail drive shifts to higher gear
Conglomerate Ayala Corp.’s retail drive shifts to a higher gear with the establishment of a dedicated platform that will introduce and grow leading international consumer brands in the Philippines through long-term strategic partnerships.
Read more →Bargain hunting lifts stocks anew
The local stock market rose for the second straight session as investors continued to capitalize on bargain stocks.
Read more →Beyond Ressilience
The combined effects of the enhanced southwest monsoon (habagat) and tropical cyclones Luis and Maymay brought more than a week of persistent rains across Metro Manila and several parts of the country, causing widespread flooding in low-lying communities.
Read more →CLI readies P25-B projects in H2
Property developer Cebu Landmasters Inc. is replenishing its inventory with more than 11 projects worth around P25 billion scheduled for launch within the second half.
Read more →Filinvest Land books higher income in H1
Filinvest Land Inc. , the property developer owned by the Gotianun family, booked higher earnings in the first half, buoyed by expanding recurring income streams and supported by the company’s diversified portfolio.
Read more →Globe, phone makers team up to make devices satellite-ready
Telco-to-tech giant Globe Telecom Inc. is expanding the reach of its satellite-to-device service by working with the world’s largest phone makers to equip handsets with upgraded capabilities.
Read more →Government urged to tackle causes of GDP slowdown
The government needs a deeper diagnosis of the Philippine economy’s sharp slowdown and should go beyond catch-up spending to address structural weaknesses that are dragging investment, consumption and productivity.
Read more →Higher consumer demand lifts SM Investments profit
Earnings of SM Investments Corp., the parent company of the SM Group, expanded by eight percent in the first half, supported by sustained consumer demand and the strength of its diversified business model.
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