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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

1501 articles from PhilStar Business

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PhilStar Business

DA pushes incremental pork tariff hike

The Department of Agriculture (DA) is proposing a gradual increase on imported pork duties as farmgate prices for local hogs continue to decline.

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PhilStar Business

Government borrowings down 72 percent in August

The national government slashed its gross borrowings by 72.2 percent in August from a year earlier, as the absence of a retail Treasury bond (RTB) sale pulled down domestic borrowings, the Bureau of the Treasury said.

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PhilStar Business

IMF to Philippines: Broaden tax base, avoid tax amnesties

The International Monetary Fund (IMF) is urging the Philippines to rely more on revenue-raising measures as it trims the budget deficit, warning that tax amnesties could weaken compliance and that fiscal consolidation should not come at the expense of public investment.

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PhilStar Business

MVP says VITRO REIT IPO may still happen this year

PLDT’s VITRO REIT is keeping its sights set on launching its planned initial public offering (IPO) before the year draws to a close amid concerns it may be pushed back to next year.

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PhilStar Business

Nearly 18 GW power projects cleared for grid impact study

Power projects totaling over 17.8 gigawatts were endorsed to the National Grid Corp. of the Philippines (NGCP) for system impact studies (SIS) in the first half, according to the Department of Energy.

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PhilStar Business

NFA adopts purchase order system for palay

The National Food Authority (NFA) has adopted a purchase order (PO) system for procuring locally produced palay or unmilled rice, aimed at streamlining and improving monitoring of buffer stock volumes.

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PhilStar Business

SEC issues CDOs vs 3 firms for illegal investment solicitations

The Securities and Exchange Commission (SEC) has issued cease and desist orders (CDOs) against three entities found engaging in illegal solicitation of investments from the public.

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PhilStar Business

Size begets size

The stock market has always rewarded winners. But today, the winners are so large that they make up the bulk of the stock index.

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PhilStar Business

Subic Freeport woos Greek maritime investors

The Subic Bay Metropolitan Authority is eyeing Greek maritime investments through a strategic partnership with the Hellenic ASEAN Business Council (HABC), a non-profit serving as an institutional bridge between the economies of Greece and member-states of the Association of Southeast Asian Nations.

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PhilStar Business

Jeepney fares up to P14 starting Sept. 28; buses, taxis, TNVS also hike rates

Commuters will pay higher fares for public utility jeepneys starting Monday, September 28, with fare increases also taking effect for buses, airport taxis, transport network vehicle services and point-to-point buses.

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PhilStar Business

Daram women find added income in solar salt production

From processing fish and squid to producing salt, women in Daram, Samar are turning the island municipality’s abundant seawater into an additional source of livelihood.

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PhilStar Business

Mynt IPO draws OFW interest

Interest in the upcoming initial public offering of Mynt, the parent company of GCash, is beginning to extend beyond institutional investors and local market participants.

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PhilStar Business

Bayan Family of Foundations, Benilde advance opportunities for the deaf

The Bayan Family of Foundations and De La Salle-College of Saint Benilde entered into a strategic partnership geared toward inclusive education to empower deaf individuals, provide and create pathways for sustainable employment.

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PhilStar Business

Beyond the mine: A rehabilitation journey

I visited a nickel mining site for the first time, upon the invite of Berong Nickel Corp., a subsidiary of DMCI Mining Corp.

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PhilStar Business

BSP sets P1 billion capital floor for banks shifting to digital model

Thrift, rural and cooperative banks that increasingly operate like digital banks will be required to maintain at least P1 billion in capital under new rules aimed at ensuring that rapid technology-driven expansion does not outpace their ability to manage risks.

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PhilStar Business

IT-BPM industry sees revenue exceeding $50 billion by 2028

The Information Technology and Business Process Association of the Philippines is optimistic that industry revenues will cross the $50 billion mark by 2028, even as it cited the need to address talent supply and ease of doing business challenges.

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PhilStar Business

‘Meaningful difference key to brand growth’

Filipino brands must go beyond memory recall and should add relevance and significance if they want to stand out in an increasingly crowded market, according to leading data, insights and consulting firm Kantar.

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PhilStar Business

Mitsubishi Motors Philippines strengthens commitment to environmental sustainability

Mitsubishi Motors Philippines Corp. reinforced its commitment to environmental sustainability and shared its best environmental practices during the Crisis Resilience and Sustainability Forum at the 2026 Environmental Summit held at the City of Santa Rosa Multi-Purpose Complex in Laguna.

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PhilStar Business

‘Philippines energy transition gaining momentum’

The International Energy Agency sees the Philippines’ energy transition picking up steam, pointing to an accelerated rollout of renewables and growing efforts to harness nuclear power.

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PhilStar Business

Philippines makes first shipment of durian, mangosteen to Canada

The Philippines is expanding its fruit exports to Canada following the shipment of fresh durian and mangosteen, according to the Department of Agriculture.

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PhilStar Business

The fear of being obsolete

The millennials coined a term called FOMO, or fear of missing out.

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PhilStar Business

‘Weak infrastructure spending may prolong Philippines slowdown’

Weak infrastructure spending could prolong the Philippines’ economic slowdown into 2027, with a smaller allocation for capital outlays threatening to limit support for a recovery in investment and household consumption, ANZ Research said.

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PhilStar Business

Broader investor base expected with lower GCash IPO price — analyst

The potential pricing of GCash shares at a lower level could make the upcoming Mynt initial public offering more attractive to a broader base of investors.

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PhilStar Business

Al-Amanah Bank to finance LGU projects next year

Al-Amanah Islamic Investment Bank of the Philippines will begin financing local government units (LGUs) next year to address underfunding and support infrastructure deficits and basic public services.

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