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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

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PhilStar Business

GDP slows to 2.3 percent, weakest in 5 years

The Philippine economy grew at its slowest pace in five years to 2.3 percent in the second quarter as the Middle East conflict kept household consumption subdued while an infrastructure scandal curbed investments and public construction, the Philippine Statistics Authority (PSA) said.

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PhilStar Business

Institutional neutrality

The public’s trust in the election process relies, whether we like or not, on the perception that the process is fair.

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PhilStar Business

PSEi advances as investors shrug off weak Q2 GDP

The local stock market managed to finish in the positive territory despite the country’s disappointing economic growth in the second quarter.

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PhilStar Business

SMX visitor traffic hits 4.3 million in six months

SMX Convention Centers, the conferences and exhibitions arm of SM Prime Holdings Inc., saw a double-digit jump in visitor traffic in the first half amid robust demand for business events.

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PhilStar Business

URC delivers strong Q2 performance

Gokongwei-led food and beverage company Universal Robina Corp. (URC) delivered a strong second quarter performance, with core net income attributable to parent rising by 10 percent to P2.9 billion on the back of disciplined financing cost management and better sales.

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PhilStar Business

Philippine economy grows 2.3% in Q2 2026

The Philippine economy posted a year-on-year economic growth of 2.3% in the second quarter of 2026.

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PhilStar Business

DOE sees major pump price rollback next week

The energy department teases for big time rollback next week.

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PhilStar Business

Banks, e-wallets to be required to link to national ID, says BSP

The Bangko Sentral ng Pilipinas is proposing to require banks, digital lenders and other regulated financial institutions to connect their customer verification systems to the government’s National ID database.

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PhilStar Business

Chinabank profit rises 11% to P14.5 billion in H1

China Banking Corp. booked an 11-percent increase in net income in the first half as robust lending activity, a wider interest margin and continued balance sheet expansion strengthened its core banking operations.

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PhilStar Business

Doing it the Gokong-way: RLC execs build on the Gokongwei legacy

They are no Gokongweis, but they are leading property giant Robinsons Land Corp. the Gokong-way.

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PhilStar Business

Farm sector posts 2.9% growth in Q2

The country’s agricultural output grew by 2.9 percent in the second quarter, driven by broader gains from the crops, livestock, poultry and fisheries sectors, according to the Philippine Statistics Authority.

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PhilStar Business

Further rate tightening seen as inflation stays elevated

Inflation is expected to remain elevated in the coming months despite easing for a third straight month in July, keeping pressure on the Bangko Sentral ng Pilipinas (BSP) to further raise interest rates, economists said.

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PhilStar Business

Hotel101-Madrid gears up for higher occupancy levels

DoubleDragon Corp. is gearing up for an even higher occupancy level at its first operational international property in the coming months after reaching a new milestone.

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PhilStar Business

Is ERC up to the job?

The incompetence of our government in regulating the power industry is a significant cause of our woes. While the current leadership of the Energy Regulatory Commission (ERC) has been trying hard to clean up the inherited mess, sins of the past will hurt us for some time.

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PhilStar Business

Jobless rate rises to 4.9% in June

Unemployment went up in June as more Filipinos entered the workforce, but not enough jobs were available to absorb them, according to data from the Philippine Statistics Authority. In a press conference, National Statistician Dennis Mapa said results of the PSA’s Labor Force Survey showed the unemployment rate rose slightly to 4.9 percent in June from the previous month’s 4.8 percent and 3.7 percent in the same month last year.

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PhilStar Business

Mailbox: Octogenarian benefit program

You July 15, 2026 issue told about Mr. Manuel V. Pangilinan, a senior citizen reaching the age of 80 and had already received P10,000 at “Pinambili na ng birthday cake” as mentioned in your newspaper.

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PhilStar Business

Orchestra of the Filipino Youth sets fundraising concert

Orchestra of the Filipino Youth proudly announces its major fundraising concert, “Music for a Regenerative Future.”

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PhilStar Business

PSEi slips ahead of Q2 growth data

The Philippine Stock Exchange index finished slightly lower yesterday with investors opting to stay on the sidelines ahead of the release of the country’s second quater economic growth data. The PSEi eased by 0.13 percent, or 8.36 points, to settle at 6,277.95, extending its losing streak to three days in a row.

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PhilStar Business

Q1 GDP growth maintained at 2.8%

The country’s economic growth rate was kept at 2.8 percent in the first quarter, but upward revisions were made in some sectors, according to the Philippine Statistics Authority (PSA).

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PhilStar Business

Strengthening Malaysia–Phl digital partnership

Malaysia and the Philippines continue to enjoy strong and expanding economic relations.

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PhilStar Business

Toyota on track to hit 3 million sales target this year

Leading automotive firm Toyota Motor Philippines Corp. is optimistic that cumulative sales will breach the three-million mark this year amid improving market conditions.

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PhilStar Business

Upgrade of eGovPH app to cost P2.7 billion

The government’s eGovPH superapp requires at least P2.7 billion next year for crucial upgrades on cloud and cybersecurity, ensuring the platform can handle the surge of transaction volumes.

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PhilStar Business

What keeps CEOs awake at night has changed

It is no longer just inflation, geopolitical uncertainty, cybersecurity threats, supply chain disruptions or the next disruptive technology.

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PhilStar Business

Gas company proceeds with wage hike despite court freeze

Court froze the wage hike. Regasco is paying it anyway

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