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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

Bargain hunting lifts PSEi from 10-month low

The local stock market finally put an end to its bleeding, rebounding from a 10-month low performance as investors capitalized on cheap prices.

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PhilStar Business

BIR releases P23.6 billion in tax refunds

Tax refunds to taxpayers and businesses almost doubled to P23.67 billion from January to September, according to the Bureau of Internal Revenue (BIR)

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PhilStar Business

DA sets aside P9.7 billion for El Niño response

The Department of Agriculture (DA) has earmarked P9.7 billion to fund additional response measures ahead of the “very strong” El Niño episode next month.

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PhilStar Business

DOLE, DPWH post lowest NCA utilization rates

Several national government agencies had yet to fully utilize their cash allocations as of end-August, with the Department of Labor and Employment (DOLE) and the Department of Public Works and Highways (DPWH) posting the lowest utilization rates among major departments.

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PhilStar Business

Financial resilience

A career professional narrated his financial life story. He said he spent his 30s earning well and his 40s discovering that earning well and building well are two entirely different skills.

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PhilStar Business

FPH ready to buy back more shares

First Philippine Holdings Corp. (FPH) of the Lopez Group is ready to buy back more shares to boost its stock price, which the company believes is currently undervalued.

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PhilStar Business

ICTSI buys out partner in Brazil logistics firm

International Container Terminal Services Inc. (ICTSI) is buying out its partner in a full intermodal logistics provider that offers eco-efficient solutions to users of the Port of Rio de Janeiro in Brazil.

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PhilStar Business

IFC greenlights P4.4 billion bet on GCash IPO

The International Finance Corp. (IFC) has approved its P4.4-billion investment in the initial public offering (IPO) of GCash operator Mynt Inc.

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PhilStar Business

Jobstreet launches AI engine for employers

Jobstreet by SEEK has introduced artificial intelligence (AI) into its platform, designed to help employers make quicker and informed recruitment decisions.

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PhilStar Business

Let the science speak

Established under the Tax Reform for Acceleration and Inclusion (TRAIN) Law, the fuel marking program serves as the country’s frontline defense against the entry of smuggled fuel by introducing microscopic chemical markers into taxed petroleum products.

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PhilStar Business

Malampaya gas flows again to Ilijan power plant

The 1,200-megawatt Ilijan power plant in Batangas is once again running on indigenous natural gas from the country’s Malampaya deep water gas-to-power project.

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PhilStar Business

PAL to launch direct flights to India in December

Flag carrier Philippine Airlines (PAL) is strengthening links between the Philippines and India, with plans to launch nonstop services from Manila to Delhi and Mumbai in December.

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PhilStar Business

Philippines home prices post slowest growth in 7 years

Residential property price growth nearly stalled in the second quarter, posting its weakest annual increase since the Bangko Sentral ng Pilipinas (BSP) began the current data series in 2019 as falling prices outside Metro Manila offset stronger gains in the capital region.

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PhilStar Business

Philippines rice imports may climb to 5.7 million metric tons next year – USDA

The Philippines may import up to 5.7 million metric tons (MT) of rice in 2027 to secure adequate stocks amid the potential decline in production due to El Niño.

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PhilStar Business

‘Philippines should not revive Bataan nuclear plant’

The Philippines should abandon plans to rehabilitate the long-mothballed Bataan Nuclear Power Plant (BNPP) and instead build a new facility to ensure the safety of Filipinos, according to Sen. Erwin Tulfo.

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PhilStar Business

PNB Holdings debuts on PSE, eyes redevelopment of prime assets

PNB Holdings Corp. made its stock market debut yesterday through a listing by way of introduction, opening its shares to public trading as the real estate company prepares to redevelop prime properties in Makati and Pasay.

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PhilStar Business

PSAC seeks 4-year delay in property valuation reform

The Private Sector Advisory Council Infrastructure Sector (PSAC-Infra) is pushing to delay the implementation of the Real Property Valuation and Assessment Reform Act (RPVARA) to 2031 amid higher financing and construction costs.

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PhilStar Business

Semirara coal auction restarts next month

The auction for the country’s largest coal mine on Semirara Island in Antique is set to be relaunched next month as the Department of Energy (DOE) moves to finalize recalibrated bidding rules.

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PhilStar Business

SwiftPay adds Billease installment option

Payment platform SwiftPay has integrated Billease installment payments into its online checkout, giving eligible customers the option to pay for purchases over six, nine, 12, 18 or 24 months.

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PhilStar Business

Philippines’ BFSI sector accelerates into the future as WFIS 2026 unites 1,000+ leaders

It was two days of intense discussions driven by some of the most influential leaders in the region’s banking, insurance and fintech ecosystem.

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PhilStar Business

Philippine managers cut hours of reporting to minutes using everyday AI tools

The examples are participant-reported, the AI-assisted times include review and corrections and results vary by task.

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PhilStar Business

Mynt IPO gains global spotlight amid CEO Sazon's UN Summit message

Mynt President and CEO Martha Sazon’s call for Filipinos to be allowed to “borrow with dignity” has placed financial empowerment at the center of the company’s global narrative at a pivotal moment.

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PhilStar Business

DOE sees P8 diesel price rollback by end-September

The P8 per liter rollback on diesel, P6 on kerosene and P0.90 in gasoline, are expected next week.

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PhilStar Business

Aboitiz earns top honors at 2026 Philippines Real Estate Awards

Aboitiz earned two top honors at the 2026 Philippines Real Estate Awards, with Aboitiz Economic Estates named Best Industrial Developer and Ajoya Cabanatuan recognized as Best Masterplanned Development.

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