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Philippines Business News
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Peso sinks on latest US-Iran attacks
THE PESO sank against the dollar on Thursday after global oil prices spiked as the United States and Iran exchanged fresh attacks. The currency fell by 15 centavos to close at P61.56 versus the greenback from its P61.41 finish on Wednesday, based on data from the Bankers Association of the Philippines’ website. The local unit […]
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The business evolution cycle
There is a familiar pattern in business. Each generation assumes that the way companies do business today will be the norm for years to come. Then a new wave of technology comes along, customer behavior changes, and suddenly businesses that seemed invulnerable can’t keep pace. We have seen this occur again and again in the […]
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How PSEi member stocks performed — July 30, 2026
Here’s a quick glance at how PSEi stocks fared on Thursday, July 30, 2026.
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AEV profit soars in H1 on strong core businesses
Aboitiz Equity Ventures Inc., the listed holding company of the Aboitiz Group, saw its profit surge by more than half in the first semester on the back of strong performance of its power and banking business units.
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Banks more cautious, but see steady lending standards in Q3
Most Philippine banks expect lending standards and loan demand to remain broadly steady in the third quarter, signaling continued stability in the financial system despite persistent geopolitical uncertainty, according to the Bangko Sentral ng Pilipinas.
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DA, IPOPHL to create GI roadmap for farm products
The Department of Agriculture and the Intellectual Property Office of the Philippines are set to create a geographical indication (GI) roadmap for the country’s farm products.
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Government debt climbs to record P19.1 trillion
The national government’s outstanding debt rose to a new record high of P19.07 trillion as of end-June, overshooting its year-end projection, driven by net availment of both domestic and external borrowings, the Bureau of the Treasury said.
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Haus Talk investing P4.2 billion for 37-hectare Rizal township
Property developer Haus Talk Inc. is investing about P4.2 billion to develop one of its largest projects to date, a 37-hectare integrated economic township across Angono and Teresa, Rizal.
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Hiraya Water starts P600 million rehab program in Dasmariñas City
Hiraya Water Corp., formerly known as PrimeWater Infrastructure Corp., has launched a P600-million capital expenditure program to rehabilitate and expand the water distribution system in Dasmariñas City in Cavite, marking the first major infrastructure rollout under its new ownership by Crystal Bridges Holdings Corp.
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ICTSI secures PPA OK to extend MICT concession
Logistics giant International Container Terminal Services Inc. is maintaining its control over the country’s largest cargo infrastructure by another 25 years.
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Japan power giant joins Razon, Lopez in 600-MW Wawa hydropower project
Osaka-based Kansai Electric Power Co. Inc. is making its first overseas pumped storage hydro (PSH) investment in the Philippines, joining tycoons Enrique Razon Jr. and Federico Lopez in a large-scale project in Rizal.
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Major power players ink Malampaya gas supply deal
Razon-led Prime Energy is set to supply indigenous Malampaya gas to a major Batangas power plant jointly owned by tycoons Manuel V. Pangilinan, Ramon Ang and Sabin Aboitiz.
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MREIT income jumps 34% in H1
MREIT Inc., the real estate investment trust of property giant Megaworld, recorded a 34-percent hike in its distributable income to P2.49 billion in the first half, fueled by its latest asset acquisition, improved portfolio occupancy and further gains in operating efficiency.
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MVP: EDC could be good addition to MGEN portfolio
Years after taking control of Manila Electric Co., tycoon Manuel V. Pangilinan sees the potential value of adding another Lopez family crown jewel to his growing energy empire.
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PAGCOR revenue tumbles as online gaming slows
The Philippine Amusement and Gaming Corp. saw a 26.6-percent decline in revenues in the first half, driven by weaker earnings from gaming operations, particularly the online gambling segment.
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Philex sees sustained Padcal mining operations this year
Pangilinan-led Philex Mining Corp. expects to sustain operations for its Padcal mine in Benguet through the rest of the year, following the completion of rehabilitation works.
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RCBC Wealth named Private Wealth Bank of the Year in Philippines
MANILA, Philippines — Rizal Commercial Banking Corp.’s Wealth Management Group has been named Private Wealth Bank of the Year in the Philippines at the 2026 Asian Banking & Finance Awards. Organized by Charlton Media Group, the Asian Banking & Finance Awards recognizes banks across Asia for excellence in performance, innovation and client service. For RCBC Wealth, the recognition reflects a year of strong growth and a continued commitment to helping clients manage, protect and grow t
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Roche, Zuellig renew alliance
Roche Inc. and Zuellig Pharmaceuticals have officially renewed their long-standing warehousing and distribution partnership, marking 54 years of collaborative efforts to improve health care delivery in the country.
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Rockwell cements ownership in Alabang Town Center
Lopez-owned property developer Rockwell Land Corp. has further solidified its control over Alabang Town Center (ATC) with the acquisition of additional shares worth P6.2 billion in the entity that owns and operates the 17.5-hectare development in Muntinlupa City.
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State of our nation State of our nation
BBM’s fifth State of the Nation Address accurately recognized major economic anxieties like food inflation and job creation, allowing us to give him credit on problem recognition.
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Stocks decline as investors digest US Fed’s hawkish hold
The local stock market slipped, but maintained its hold above the 6,300 level as investors decided to stay on the sidelines after the US Federal Reserve kept interest rates unchanged.
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There goes dinner...
First there was the robbery along Pasay Road at a small hole-in-the-wall restaurant — at most a 10- to 12-seat, counter-style izakaya bar.
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Bouygues: Publication of the first-half financial report
Paris • 30 July 2026 PRESS RELEASE REGULATED INFORMATION Publication of the first-half financial report 30 June, 2026 Bouygues announced today that its first-half 2026 financial report is now available and has been filed with the Autorité des Marchés Financiers (AMF). The first-half financial report is available on the company’s website (in French and English) at https://www.bouygues.com/regulated-information/ BOUYGUES SA • Registered office: 32 avenue Hoche • 75008 Paris • France • bouygues.com
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