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
Lopezes pouring in P2.2 billion to aid ABS-CBN recovery
The three branches of the Lopez family majority are set to invest P2.2 billion in ABS-CBN Corp. to help the media company meet obligations to long-serving employees and support its recovery plans.
Read more →Megawide’s PH1 doubles sales in H1
The property arm of Megawide Construction Corp. boosted its sales to P3.15 billion in the first half, backed by strong take-up for recently launched projects to overcome a challenging period.
Read more →Megaworld’s H1 profit rises on core business expansion
Property giant Megaworld Corp. delivered a five-percent increase in net income to P12.7 billion in the first half on the back of sustained expansion of its recurring income businesses.
Read more →NAIA lease hike bites into MacroAsia’s 6-month income
Higher lease rates and the termination of a high-value service at the Ninoy Aquino International Airport caused financial damage to MacroAsia Corp. as its profit declined by 34 percent in the first half.
Read more →Pru Life UK rolls out cancer treatment plan
Pru Life UK has launched a cancer-focused insurance product offering benefits for both early and late-stage cases, as the insurer seeks to address the financial strain faced by Filipino families dealing with the disease.
Read more →Riyadh Air enters Philippine market
Riyadh Air, Saudi Arabia’s second flag carrier, is mounting direct flights to the Philippines as it competes with the country’s largest airlines in a market primarily catering to overseas Filipino workers.
Read more →Thermal power and transition from energy poverty to energy abundance
Today, I will attend the Amcham Philippines 9th Annual Energy Forum with a focus on energy recovery, resilience and transition. Lots of speakers led by Energy Secretary Sharon Garin, Sen. Erwin Tulfo and ERC chairman Nino Juan.
Read more →Gasoline, diesel prices down by over P4 this week
Bigger oil price rollback is expected this week.
Read more →Sun Life Philippines fulfills promise to clients with over P5 billion in claims paid in 2025
The total amount covers claims paid across Sun Life's individual and group insurance businesses.
Read more →China grip on Philippine nickel cited as reason to back Pax Silica
Philippines is eyeing nickel processing under Pax Silica.
Read more →Ramon Ang acquires Gabby Lopez's 25.68% stake in Lopez Inc.
The deal brings Ramon Ang into the Lopez Group's private parent company.
Read more →A signal of friendship
On July 30, the Japanese yen staged one of its most violent reversals in decades. It had weakened to nearly 164 per dollar, its lowest level in 40 years.
Read more →Analysts flag slow recovery this year
The Philippine economy is now seen growing by only three to 3.9 percent this year, with analysts tempering their outlook after a sharper-than-expected second-quarter slowdown exposed persistent weakness in investment and household spending.
Read more →Consumer complaints flood central bank in 2025
Consumer complaints received by the Bangko Sentral ng Pilipinas surged by nearly 73 percent in 2025 as more Filipinos turned to the BSP for help in resolving disputes with banks and other financial institutions.
Read more →DA bans imports of animal meat from 7 countries
The Department of Agriculture (DA) has banned the importation of animal and meat products from seven countries amid concern over the spread of foot-and-mouth disease (FMD) in the local animal industry.
Read more →Fisheries output grows 2 percent in Q2
The country’s fisheries production expanded to more than a million metric tons (MT) in the second quarter amid stronger output from the marine and municipal fishing subsectors, according to the Philippine Statistics Authority (PSA).
Read more →From retail queens to talk show hosts: Robina Gokongwei, Tessie Sy-Coson share limelight at retail conference
Retail tycoon Robina Gokongwei-Pe switched hats and channeled her inner “queen of talk” to ask her friend and business rival Teresita Sy-Coson or TSC a question that has probably been lingering on her mind for quite some time now: “What’s your secret to looking forever 59?”
Read more →Government pays P1.23 trillion debt in H1
The country’s debt service bill reached P1.23 trillion in the first semester, largely on amortization payments, the Bureau of the Treasury (BTr) reported.
Read more →Jollibee opens 1st Compose Coffee store in Philippines
South Korean coffee brand Compose Coffee has officially entered the Philippine market as the Jollibee Group opened the brand’s first store in the country.
Read more →Manila cruise port to break ground soon
The P5-billion Manila terminal for cruise vessels is close to breaking ground, with the Philippine Ports Authority (PPA) eyeing to firm up a lease agreement before the year ends.
Read more →Meralco sees electricity demand to pick up in H2
Power utility giant Manila Electric Co. (Meralco) expects energy sales to pick up in the remaining months of 2026, driven by strong electricity demand amid the El Niño weather phenomenon.
Read more →PAL mulls fuel hedging
Flag carrier Philippine Airlines (PAL) is exploring the possibility of hedging fuel in light of the abrupt spike in petroleum prices that lead to elevated airfares.
Read more →Pension hike drags down SSS earnings in H1
State-run pension fund Social Security System (SSS) reported a 27.8-percent drop in net income in the first half, as benefit payouts outpaced contributions and investment earnings.
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