Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1859 articles from BusinessWorld
CREC Q2 income more than doubles as new solar farms come online
CITICORE Renewable Energy Corp. (CREC) said its net income more than doubled to P754.95 million in the second quarter (Q2) from P305.47 million a year earlier, driven by newly energized solar farms. Revenues for the three months ended June rose by 29.4% to P1.63 billion, according to the company’s financial report released on Monday. CREC […]
Read more →Teeth celebrates 33 years with reunion tour
PINOY ROCK legends Teeth will return to the concert stage with Year 33: TEETH The Reunion – Legacy Tour, a five-city concert tour running from the end of August to September. Performances will be held at Singapore, Manila, Davao, Iloilo, and Cebu. Though the band defined the local music scene in the 1990s up to […]
Read more →𝐁𝐅𝐀𝐑 𝐭𝐮𝐫𝐧𝐬 𝐨𝐯𝐞𝐫 𝐟𝐢𝐬𝐡𝐢𝐧𝐠 𝐛𝐨𝐚𝐭, 𝐥𝐢𝐯𝐞𝐥𝐢𝐡𝐨𝐨𝐝 𝐚𝐬𝐬𝐢𝐬𝐭𝐚𝐧𝐜𝐞 𝐭𝐨 𝐈𝐥𝐨𝐜𝐨𝐬 𝐍𝐨𝐫𝐭𝐞
More than 100 fisherfolk witnessed the turnover of a 62-footer Fiberglass Reinforced Plastic (FRP) handline fishing boat and livelihood assistance led by the Bureau of Fisheries and Aquatic Resources (BFAR) Region 1 on Aug. 13, 2026 at Badoc, Ilocos Norte. BFAR Regional Director Remely B. Lachica said the assistance aims to strengthen fisherfolk livelihoods and food security by improving […]
Read more →‘Heroes’ and ‘Nashville’ actress, Hayden Panettiere, dies at 36
AMERICAN actress Hayden Panettiere, famed for roles in television shows such as “Nashville” and “Heroes,” has died aged 36, her family said in a statement issued by her publicist on Sunday. No cause was stated, but the death of the nominee for a Grammy and two Golden Globe awards was being investigated, the publicist, Kasey […]
Read more →LANDBANK honors outstanding partners, clients at 2026 Gawad TANYAG Awards
LANDBANK honored outstanding clients and institutional partners during its 2026 Gawad TANYAG (Tanging Yaman at Galing) Awards, held on Aug. 7, 2026 as part of the Bank’s 63rd anniversary celebration. The ceremony recognized exemplary farmers and fishers, cooperatives, micro, small and medium enterprises (MSMEs), corporations, countryside financial institutions (CFIs), and microfinance institutions (MFIs) for their contributions to […]
Read more →More pay, more investments, better government
By Mon Abrea, CPA, MBA, MPA (Harvard) Global Tax Policy Expert | Chief Tax Advisor, Asian Consulting Group (ACGlobal) The Philippines is competing for global capital at a time when investors are rethinking supply chains, tax structures, energy security and geopolitical risk. Our response cannot simply be to offer more incentives. We must offer something more valuable: […]
Read more →Philippine cash remittances post slowest growth in over 4 years
By Katherine K. Chan, Reporter Cash remittances from Filipinos abroad grew by its slowest pace in over four years in June even as the monthly level stood at a six-month high, Bangko Sentral ng Pilipinas (BSP) data showed. Overseas Filipino workers (OFWs) sent home a total of $3.039 billion in cash remittances in June, rising […]
Read more →Ayala Malls Cinemas to bring more eyes to 2026 CinePanalo Film Festival
The Puregold CinePanalo Film Festival and Ayala Malls Cinemas have announced an official partnership whereby Ayala Malls Cinemas will be showcasing all of the featured works of the 2026 CinePanalo in select theaters. The partnership is an unprecedented move, and a show of commitment by Puregold to make the upcoming third-ever CinePanalo the biggest and […]
Read more →BSP tightening cycle may be over
THE BANGKO SENTRAL ng Pilipinas’ (BSP) tightening cycle may be over as the country’s sluggish growth will likely soften demand-driven inflation, with rate cuts on the table for mid-2027, Standard Chartered Bank said.
Read more →El Niño risks mount for hydropower developers
HYDROPOWER DEVELOPERS are already feeling the effects of El Niño as prolonged dry spells lower reservoir levels, disrupting operations and critical maintenance activities.
Read more →Predictable rules, reliable power needed for Philippines to seize manufacturing boom
THE PHILIPPINES must ensure regulatory predictability and secure reliable power and water to effectively position itself as a major manufacturing hub, according to executives of global management consulting firm Kearney.
Read more →PHL financial system resources reach record P38.3 trillion as of June
RESOURCES HELD in the Philippine financial system topped P38 trillion as it rose by nearly 9% to its highest ever as of June, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. The sector’s combined resources climbed by 8.91% to P38.309 trillion at end-June from P35.174 trillion a year ago. Month on month, it […]
Read more →Ang to lead MPTC-SMC tollway giant as merger talks advance
METRO PACIFIC Tollways Corp. (MPTC) Chairman Manuel V. Pangilinan said San Miguel Corp. (SMC) Chairman and Chief Executive Officer (CEO) Ramon S. Ang will lead the companies’ planned combined tollway business as merger talks advance. “(The management) will mainly be in Ramon’s (Ramon S. Ang) hands. He will be the CEO,” Mr. Pangilinan said on […]
Read more →SM Prime takes cautious stance on residential projects
SM PRIME Holdings, Inc. is taking a cautious approach to residential projects as it monitors buyer demand, works through existing inventory, and completes developments already under construction. “For core and even premium, we’re taking a wait-and-see approach, checking how the market is reacting. We still have quite a bit of inventory to work through,” SM […]
Read more →Treasury bill, bond rates may be mixed on BSP policy bets
RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) to be offered this week could end mixed as the market digests the latest policy signals from the Philippine central bank chief. The Bureau of the Treasury (BTr) will auction off up to P60 billion in T-bills on Monday, or P20-25 billion in 91-day papers, […]
Read more →M&S to bring London store format to PHL
MARKS & SPENCER (M&S) will bring a new store format recently introduced in London to the Philippines, featuring a larger food section, as PT Mitra Adiperkasa Tbk (MAP) takes over the British retailer’s local operations.
Read more →Executive electric
The very first Lexus sedan BEV is now here LONG LIVE the sedan — or in this case, the executive sedan. Lexus Philippines has brought in the eighth-generation Lexus ES, a vastly evolved version of the nameplate that also ushers in, for the first time, full electrification in the Japan-headquartered auto marque’s sedan line. This, […]
Read more →The art of Jojie Lloren’s fashion
WE FIRST MET designer Jojie Lloren years ago on our TV screens: of all the Filipino designers who have crossed over to showbiz perhaps Mr. Lloren is one of the most familiar, due to his stint as a judge on Project Runway Philippines back in 2008. We then met him in the flesh a few […]
Read more →Peso to stay at P61 level as mart eyes policy review, US-Iran war
THE PESO could hold at the P61-a-dollar level this week, with the market looking ahead to the Philippine central bank’s policy meeting while monitoring developments in the Middle East. On Friday, the currency declined by 10.7 centavos to close at P61.45 versus the greenback from P60.343 on Thursday, according to data from the Bankers Association […]
Read more →Prime Infra says Wawa pumped storage project on track for 2030
RAZON-LED Prime Infrastructure Capital, Inc.’s (Prime Infra) $2.57-billion Wawa Pumped Storage Power Project is 18% complete and remains on track to begin operations by 2030, its top official said. Prime Infra President and Chief Executive Officer Guillaume Lucci said the project’s integrated bulk water component has already been completed and has been operating for some […]
Read more →Dairy output rises in first half due to gov’t support
THE National Federation of Dairy Farmers and Stakeholders Association said expanded government support for the dairy industry helped increase milk production, the size of the dairy herd, the value of production, and farmgate prices in the first half.
Read more →Moving a nation forward
The SONA maps out our mobility future and more LAST MONTH, President Ferdinand “Bongbong” R. Marcos, Jr. (PBBM) made his report to the Filipino people at his annual State of the Nation Address (SONA). It is that time of the year when there is no lack of differing opinions on the gains or the ails […]
Read more →A few finds at MaArte
ONE of the most awaited events in the lifestyle fair circuit, the MaArte Fair, is organized by the Museum Foundation of the Philippines, Inc. It functions as a fundraiser for the National Museum, with a particular focus on giving scholarships and grants. Since 2017, it has been held at The Peninsula Manila, this year occupying […]
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