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
AboitizPower explores nuclear energy venture
Aboitiz Power Corp. is now looking at nuclear energy generation as a potential strategic opportunity after entering into a partnership with Korea Hydro & Nuclear Power Co. Ltd. (KHNP).
Read more →Barriers to own-use solar installations removed
Households may soon see faster deployment of own-use solar power facilities as the Department of Energy streamlines the permitting process by removing administrative hurdles.
Read more →D&L overcomes headwinds as profit grows 8% in H1
D&L Industries Inc., the country’s largest producer of oleochemicals and specialty plastics and food products, overcame headwinds in the first half, as the company managed to expand its profits by eight percent to P1.5 billion.
Read more →Globe profit falls 11% to P11 billion in H1
Globe Telecom Inc. sustained an 11-percent drop in profit in the first half, but the telco is confident of recovery thanks to the strength of its revenue base and growth of its e-wallet unit.
Read more →Government allots P112 million for free WiFi in tourist spots
The Department of Information and Communications Technology is setting up free WiFi in some of the country’s tourist hotbeds, allocating over P112 million for the project.
Read more →Higher Q2 palay output backstops stocks ahead of El Niño, says DA
The country’s higher palay production in the second quarter could provide additional rice stocks in preparation for the impact of El Niño on local farm production, according to the Department of Agriculture.
Read more →Inflation, imports, largest car brands, Swiss chamber forum
I will discuss five economic and business issues here, so we go straight to the numbers.
Read more →Inflation slows to 6.2% in July
Inflation eased for the third straight month in July, driven by the slower increase in transport costs, according to the Philippine Statistics Authority.
Read more →Motorcyle riders nix new fleet cap
Motorcycle taxi workers are asking for a dialogue with President Marcos and the Department of Transportation to discuss new regulations that seem to prohibit them from earning more.
Read more →PCCI exec feted for SME support, business development
SEDA Law (Salazar Enrile Defensor & De Mata Law Offices) recently presented its prestigious Silver Coin Tribute to Bryan Ang Chua, vice president of the Philippine Chamber of Commerce and Industry (PCCI), during the law firm’s silver anniversary celebrations.
Read more →Power business lifts Semirara profit to P8.6 billion
MANILA, Philippines — Semirara Mining and Power Corp. (SMPC) delivered slightly higher earnings in the first half, fueled by strong power business that countered weaker results from its coal segment. Tycoon Isidro Consunji’s integrated energy company saw its net income inch up by two percent to P8.58 billion during the period from P8.42 billion a year ago. Revenue rose by nine percent to P34 billion from P31.33 billion, as higher coal and electricity selling prices outweighed decline
Read more →PPA docks 9% higher earnings
One of the government’s biggest sources of dividends is on its way to another year of profit growth, gaining a nine-percent increase in the first half due to higher revenue.
Read more →RLC pays tribute to John Gokongwei Jr. on his 100th birth anniversary
Robinsons Land Corp. has officially renamed Bridgetowne Avenue as John Gokongwei Jr. Boulevard as a permanent tribute to the Gokongwei Group’s founder and to commemorate his 100th birth anniversary.
Read more →Shares drop anew as investors cash in
The local stock market declined for the second straight session as investors opted to take profits late in the session.
Read more →SSS increases stake in Century Properties
The Social Security System (SSS) has raised its stake in Century Properties Group. Inc. of the Antonio family to nearly 10 percent with the acquisition of additional common shares.
Read more →Understanding system loss
As someone who has been in the power industry for close to 40 years, lived through the worst power crises with blackouts lasting up to 12 hours, witnessed the reforms that reshaped the industry, and saw the birth of the Electric Power Industry Reform Act in 2001, I firmly believe the current conversation on system loss deserves a deeper understanding.
Read more →Fuel discount subsidy for transport sector raised to P12 per liter
Starting August 15, the fuel subsidy for PUV drivers will increase to P12 per liter.
Read more →GreatDay HR expands southeast asia footprint as SMEs accelerate HR digital transformation
As businesses across Southeast Asia accelerate digital transformation, GreatDay HR is expanding its regional footprint to help small and medium enterprises modernize how they manage their people.
Read more →21 senators set politics aside to back P85 wage hike in NCR
Twenty-one senators set aside their political differences and joined the call to lift the suspension on the implementation of the P85 daily minimum wage hike in Metro Manila.
Read more →PCCI-NCR to convene nation's top businesses, government leaders at Metro Manila Business Conference 2026
Premier conference to drive solutions on energy, trade, security, AI, and regional competitiveness toward a stronger and more resilient ASEAN.
Read more →Philippine inflation eases to 6.2% in July 2026
Philippine inflation rate eased further in July.
Read more →Japan lends Philippines P11.54 billion for health care
The loan will support financing, service delivery and accountability reforms.
Read more →Riyadh Air to start Manila-Riyadh flights in September
Saudi Arabia’s new national carrier, Riyadh Air, is opening a direct connection between Manila and Riyadh.
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