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
SEC, BIR join forces to support ease of doing business initiatives
The Securities and Exchange Commission (SEC) and the Bureau of Internal Revenue (BIR) have forged an alliance to support ease of doing business and deepen the capital market.
Read more →SEIPI turns bullish on electronics exports
The umbrella group of electronics and semiconductor firms in the country now expects electronics exports to grow by 10 percent this year, driven by artificial intelligence (AI) and data centers.
Read more →Stocks on edge as GDP slows
Trading is seen staying range bound this week as investors are expected to continue digesting the country’s gross domestic product (GDP) slowdown in the second quarter.
Read more →We’re in deep doo doo
Last Friday, the Philippine Statistics Authority (PSA) reported some grim statistics showing that our GDP grew by only 2.3 percent year-on-year for Q2 2026, marking the weakest quarterly performance in 17 years outside the pandemic.
Read more →Meralco: 98,000 customers lose power amid 'habagat' rains
Heavy rains and severe flooding brought by the Southwest Monsoon, locally known as “habagat,” have disrupted electricity service for approximately 98,000 customers across Luzon, power distributor Manila Electric Company (Meralco) said on Sunday, August 9.
Read more →A chat with CZ
One of the highlights of the recent ASEAN Tech Summit Manila was my fireside chat with Binance founder CZ, his first public appearance in the Philippines.
Read more →Agricultural trade deficit widens to $1.06 billion
The country’s agricultural trade deficit widened in June, as higher farm imports outpaced exports, according to the Philippine Statistics Authority.
Read more →‘AI to reshape Philippines labor market, makes retraining urgent’
Artificial intelligence is poised to displace far more jobs than it creates, making rapid workforce retraining imperative if the Philippines wants to minimize the technology’s disruptive impact, according to an expert.
Read more →AirAsia Philippines is most punctual budget airline
Low-cost carrier AirAsia Philippines turned in the best on-time performance among the world’s budget airlines in July, extending its run as one of the most punctual globally.
Read more →BCDA sets 30-year development plan for Pax Silica AI hub
The Bases Conversion and Development Authority expects the full development of the Pax Silica artificial intelligence (AI) hub in New Clark City in 30 years starting 2028.
Read more →Building trust, one loan at a time
For Fuse Financing president and CEO Tony Isidro, the journey into formal credit began at home.
Read more →Factory output posts faster growth in June
Philippine manufacturing output registered a faster growth rate in June from the previous month, driven by higher production of petroleum products and food items, according to the Philippine Statistics Authority.
Read more →Francorp marks 30 years of shaping Philippines franchising
For three decades, Francorp Philippines has done more than witness the evolution of the local business landscape; it has helped shape it.
Read more →Legitimate questions
The controversy surrounding the renewable energy projects linked to Rep. Leandro Leviste should prompt a broader conversation that extends well beyond the personalities involved.
Read more →Manila Water nets P8.5 billion in H1
Razon-led Manila Water Co. Inc. recorded a six-percent increase in net income in the first half, driven by higher tariffs from its east zone concession area and regional units.
Read more →More farm produce exported to Mideast
The country has expanded its agricultural export push in the Middle East following the shipment of more than 17 metric tons of Davao-grown produce to Saudi Arabia, according to the Department of Agriculture.
Read more →SMFB net income eases in 1st half
San Miguel Food and Beverage Inc. saw its earnings dip by four percent to P22.1 billion in the first half as inflation, slower economic growth and geopolitical disruptions weighed on consumer spending and some export markets.
Read more →‘Zero transfer fees not required for digital banks, fintechs’
Digital banks and fintech companies are pushing back against calls for permanently free fund transfers, saying the Bangko Sentral ng Pilipinas new pricing framework allows financial institutions to charge fees based on the actual cost of providing digital payment services.
Read more →Canceled, postponed and now suddenly urgent
There is a unique humility in having engagements canceled by a finance department rather than public opinion.
Read more →Debt-to-GDP ratio hits 22-year high in June
The share of national government debt to gross domestic product (GDP) breached a 22-year high of 66 percent as of end-June, raising concerns that weak growth and sluggish investment could complicate efforts to pare down the country’s debt stock.
Read more →DMCI Holdings profit climbs 26 percent in 1st half
Record-high contribution from nickel mining and significantly narrower losses from the cement business bolstered first-half earnings of the Consunji family’s DMCI Holdings Inc.
Read more →Dollar reserves slip to 18-month low
The country’s dollar reserves fell to their lowest level in 18 months as the Bangko Sentral ng Pilipinas (BSP)’s foreign exchange operations and government withdrawals outweighed gains from higher gold valuations.
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