Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
8762 articles across all sources
Higher Q2 palay output backstops stocks ahead of El Niño, says DA
The country’s higher palay production in the second quarter could provide additional rice stocks in preparation for the impact of El Niño on local farm production, according to the Department of Agriculture.
Read more →Inflation, imports, largest car brands, Swiss chamber forum
I will discuss five economic and business issues here, so we go straight to the numbers.
Read more →Inflation slows to 6.2% in July
Inflation eased for the third straight month in July, driven by the slower increase in transport costs, according to the Philippine Statistics Authority.
Read more →Motorcyle riders nix new fleet cap
Motorcycle taxi workers are asking for a dialogue with President Marcos and the Department of Transportation to discuss new regulations that seem to prohibit them from earning more.
Read more →PCCI exec feted for SME support, business development
SEDA Law (Salazar Enrile Defensor & De Mata Law Offices) recently presented its prestigious Silver Coin Tribute to Bryan Ang Chua, vice president of the Philippine Chamber of Commerce and Industry (PCCI), during the law firm’s silver anniversary celebrations.
Read more →Power business lifts Semirara profit to P8.6 billion
MANILA, Philippines — Semirara Mining and Power Corp. (SMPC) delivered slightly higher earnings in the first half, fueled by strong power business that countered weaker results from its coal segment. Tycoon Isidro Consunji’s integrated energy company saw its net income inch up by two percent to P8.58 billion during the period from P8.42 billion a year ago. Revenue rose by nine percent to P34 billion from P31.33 billion, as higher coal and electricity selling prices outweighed decline
Read more →PPA docks 9% higher earnings
One of the government’s biggest sources of dividends is on its way to another year of profit growth, gaining a nine-percent increase in the first half due to higher revenue.
Read more →RLC pays tribute to John Gokongwei Jr. on his 100th birth anniversary
Robinsons Land Corp. has officially renamed Bridgetowne Avenue as John Gokongwei Jr. Boulevard as a permanent tribute to the Gokongwei Group’s founder and to commemorate his 100th birth anniversary.
Read more →Shares drop anew as investors cash in
The local stock market declined for the second straight session as investors opted to take profits late in the session.
Read more →SSS increases stake in Century Properties
The Social Security System (SSS) has raised its stake in Century Properties Group. Inc. of the Antonio family to nearly 10 percent with the acquisition of additional common shares.
Read more →Understanding system loss
As someone who has been in the power industry for close to 40 years, lived through the worst power crises with blackouts lasting up to 12 hours, witnessed the reforms that reshaped the industry, and saw the birth of the Electric Power Industry Reform Act in 2001, I firmly believe the current conversation on system loss deserves a deeper understanding.
Read more →Paramount CEO: Politics fueling WB merger battle
WASHINGTON, D.C. — Paramount CEO David Ellison said on Tuesday that the legal battle over his proposed multibillion-dollar takeover of Warner Bros. Discovery was fueled by politics rather than concerns over market share. His remarks in an opinion piece published in The New York Times came as a federal judge set a March 2027 trial date for the antitrust challenges to the megamerger. Ellison’s Paramount Skydance agreed late last month to delay its $110-billion merger with Warner Bros.
Read more →NEURONES: Organic growth up 8% in 2nd quarter 2026
PRESS INFORMATION Heading: 1st half 2026 revenues Nanterre, August 5, 2026 (after trading) Organic growth up 8% in 2nd quarter 2026 Revenues (millions of euros)20252026Growthof which organicQ1214.1227.7+ 6.3%+ 5.6%Q2210.2227.1+ 8.0%+ 8.0%Total H1 revenues424.3454.8+ 7.2%+ 6.9%Achievements Organic growth accelerated to 8% in the second quarter. The most significant gains were seen in data activities, digital projects, ITSM engagements (ServiceNow) and Business Process Management. At the same time
Read more →Covered Taps Mortgage Servicing Veteran Brad Vasto as EVP Sales - Servicing
Denver, Colorado, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Covered, the digital insurance agency purpose-built for mortgage institutions, today announced the appointment of Brad Vasto as EVP Sales - Servicing. In the newly created role, Vasto will lead the servicing side of Covered's sales organization, deepening relationships with banks, credit unions, independent mortgage banks and servicers as demand accelerates for insurance solutions embedded directly inside the servicing experience. Vasto brings
Read more →Rocket Software Named a Challenger in the 2026 Gartner® Magic Quadrant™ for AI-Augmented Code Modernization Tools
Recognition highlights Rocket’s ability to execute and completeness of vision WALTHAM, Mass., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Rocket Software, a global technology leader in modernization software, today announced it has been named a Challenger in the 2026 Gartner® Magic Quadrant™ for AI-Augmented Code Modernization Tools. We feel this recognition highlights Rocket Software’s ability to help enterprises modernize mission-critical applications with AI-assisted analysis, business-rule extraction,
Read more →Treasury Bond Auction Announcement - RIKB 29 0416 - RIKB 42 0217 - Switch Auction or Cash payment
SeriesRIKB 29 0416RIKB 42 0217ISINIS0000039121IS0000033884Maturity Date04/16/202902/17/2042Auction Date08/07/202608/07/2026Settlement Date08/12/202608/12/202610% addition08/11/202608/11/2026 Buyback issueRIKB 26 1015 Buyback price (clean)99.7100 On the Auction Date, between 10:30 a.m. and 11:00 a.m., the Government Debt Management will auction Treasury bonds in the Series, with the ISIN numbers and with the Maturity Dates according to the table above. Article 6 of the General Terms of Auction fo
Read more →INTERPOL to Join the IDB Rapid Response Task Force to Support Security in Latin America and the Caribbean
Regional Security and Justice Summit in Brazil Press Conference Inter-American Development Bank Group (IDB Group) President Ilan Goldfajn, INTERPOL Secretary General, Valdecy Urquiza, and Minister of Justice and Public Security of Brazil, Wellington Lima e Silva, hold a press conference at the Regional Security and Justice Summit in Brazil. BRASILIA, Brazil, Aug. 05, 2026 (GLOBE NEWSWIRE) -- At the Regional Security and Justice Summit in Brazil, the Inter-American Development Bank (IDB) and INTE
Read more →Big Blue Bubble brings "Weird Al” Yankovic to the Musical World of My Singing Monsters
The Monster World is getting "Bigger and Weirder” as Grammy Award-winning master of parody, "Weird Al” Yankovic is set to make his My Singing Monsters debut as the Legendary Monster "Alcordion” London, ONTARIO, Aug. 05, 2026 (GLOBE NEWSWIRE) -- One of the most sought-after collaborations in the history of My Singing Monsters is finally about to become a reality, as musician, songwriter and entertainer extraordinaire "Weird Al” Yankovic is arriving in the game in Monster form. A perfect fit for t
Read more →DP World Expands Cold Chain Capabilities With New €48M Antwerp Hub
Huge investment to boost capabilities supporting customers in healthcare, pharmaceuticals, perishables and other specialist industries Antwerp picture 1 DP World’s planned temperature-controlled logistics hub at the Port of Antwerp, a EUR 48 million investment that will enhance cold chain capacity and provide seamless multimodal connectivity. Antwerp picture 2 Warehouse mock-up of DP World’s future logistics facility in Antwerp, designed to strengthen Europe’s supply chains through specialised t
Read more →President Marcos welcomes four new non-resident ambassadors in Malacañang
MANILA, Philippines — President Ferdinand Marcos Jr. on Tuesday welcomed in Malacañang the non-resident ambassadors of Lesotho, Dominican Republic, Gambia, and Gabon, as he expressed hope to forge stronger relations with their respective countries. Ambassadors Retselisitsoe Theko (Lesotho), Reinaldo Rafael Espinal, (Dominican Republic), Masanneh Nyuku Kinteh (Gambia), and Landry Mboumba, (Gabon) presented their letters of credence to the President. In meeting Theko, Marcos said he l
Read more →China and U.S. Business Communities Strengthen Ties, Explore New Opportunities for Supply Chain Cooperation
CHICAGO, Aug. 5, 2026 /PRNewswire/ -- On July 30, 2026, the China-U.S. Economic and Trade Cooperation Forum and the 5th China International Supply Chain Expo (CISCE) Roadshow was held in Chicago. More than 180 business and government representatives from both countries were brought together for discussions. U.S.-China Economic and Trade Cooperation Forum The 5th China International Supply Chain Expo Roadshow In his remarks, Ren Hongbin, Chairman of the China Council for the Promotion of Internat
Read more →OiiOii AI Launches AI Music Video Creator That Turns Songs Into Fully Produced Music Videos in Minutes
New end-to-end AI workflow analyzes music, understands lyrics, builds storyboards, generates cinematic visuals, and delivers professionally edited music videos in one creative process LOS ANGELES, Aug. 5, 2026 /PRNewswire/ -- OiiOii AI, the AI-powered creative platform designed to help creators produce professional-quality content with teams of intelligent AI agents, today announced the launch of its AI Music Video feature-an end-to-end production system that transforms a song into a complete, p
Read more →What Is "A.R.M.”? One Tech Expert Says It Could Be the Biggest Product Elon Musk Has Ever Built
In a new presentation, James Altucher explains the prediction behind the codename and how he believes everyday investors can position for it Washington, D.C., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Behind the codename is a prediction James Altucher says could dwarf anything Elon Musk has done before. In a new presentation, the former hedge fund manager explains what he means by "A.R.M.,” why he ties it to Tesla’s robotics ambitions, and how he believes everyday investors can position for it. Decoding
Read more →