Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
8937 articles across all sources
Ayala Corp. buys more ALI shares amid market volatility
AYALA CORP. acquired about P630.19 million worth of additional common shares in property unit Ayala Land, Inc. (ALI) through separate stock exchange disclosures, continuing its purchases of the listed developer after acquiring P457.6 million worth of ALI shares in June. In a disclosure on Wednesday, the listed holding company said it purchased 7.60 million ALI […]
Read more →Yields on term deposits inch up on hawkish BSP
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits nudged higher for a sixth straight week as investors price in potentially higher interest rates as monetary authorities stay hawkish due to persisting inflation risks. Demand for the BSP’s seven-day term deposit facility (TDF) amounted to P137.524 billion on Wednesday, above the P130 billion placed […]
Read more →Rock hard and smoking hot
IT’S probably just a coincidence, but some of the sharpest swords from Japan had come from Hizen province, parts of it in present-day Saga prefecture in Japan. Saga today produces some of the best beef in all of Japan, rivaling beef from the Kobe and Matsusaka regions.
Read more →PAL takes delivery of third Airbus A350-1000 ahead of US route expansion
PHILIPPINE Airlines (PAL) has taken delivery of its third Airbus A350-1000, expanding its long-haul fleet ahead of additional services on its Manila-San Francisco route. In a media release on Wednesday, the flag carrier said the aircraft is part of its initial order for nine Airbus A350-1000s and is expected to enter commercial service after completing […]
Read more →Dining In/Out (07/30/26)
ENJOY “One Night in Shanghai” during The Bar Takeover Series II Vol. II at The Peninsula Manila on July 31 from 8 p.m. to midnight.
Read more →AI skills becoming essential for Filipino workforce amid rapid tech development
JAKARTA — Artificial intelligence (AI) skills are becoming increasingly essential for Filipino workers as the country faces a talent shortage amid the boom in emerging technologies, enterprise IT management software company ManageEngine said. Acquiring AI skills must not be limited to the corporate level but must be integrated in the academic setting to prepare the […]
Read more →Tim Ho Wan targets doubling Taiwan store network by 2030
JOLLIBEE FOODS Corp. (JFC) said its Hong Kong-based dim sum chain Tim Ho Wan plans to double its store network in Taiwan to 32 locations by 2030 through its franchise expansion strategy. “Taiwan is one of Tim Ho Wan’s most established and successful franchise markets, and we are excited about the opportunity to bring the […]
Read more →BPI expects steady NPLs despite tougher economic conditions
BANK of the Philippine Islands (BPI) expects their nonperforming loan (NPL) ratio to stay flat for the rest of the year even as inflationary pressures continue to affect consumers’ ability to repay debt, its top official said. “I don’t think we’ll see deterioration across the portfolio. What we do see is some of our consumer […]
Read more →PHL cyberthreats rising as criminals use AI to scale attacks
THE PHILIPPINES saw increased cyberthreats in the first half, led by data breaches, credential theft, ransomware, and attacks enabled by artificial intelligence (AI), according to Viettel Cyber Security (VCS). The company’s latest Cyber Threat Landscape Report based on data from its cyberthreat monitoring platform Viettel Threat Intelligence showed that bad actors are now using multiple […]
Read more →BYD sees stronger EV sales amid Marcos push for adoption
BYD CARS Philippines expects electric vehicle (EV) sales to remain strong for the rest of the year, citing the Marcos administration’s support for wider EV adoption. “In the SONA (State of the Nation Address), the President was actually encouraging the [EV] market. So, that’s positive feedback for us who’s in the EV space,” BYD Cars […]
Read more →Peso jumps to one-month high as stocks rebound
THE PESO continued to rally against the dollar on Wednesday, hitting a one-month high, supported by the Philippine stock market’s climb amid improving risk sentiment and hawkish signals from the central bank. The currency surged by 20.4 centavos to close at P61.41 versus the greenback from its P61.614 finish on Tuesday, based on data from […]
Read more →Innovation, investments in PHL digital payments ecosystem to push financial inclusion
CONTINUED INNOVATION and investments in the Philippines’ digital payments space will help boost financial inclusion as it will make the ecosystem more sustainable while enabling lower transaction costs. Boosting the interoperability of the payments system to increase participation could be done via public-private partnerships like in Brazil and India and could ultimately lead to better […]
Read more →Pre-need firm Cocoplans placed under conservatorship
THE INSURANCE Commission (IC) has issued a cease-and-desist order for Cocoplans, Inc. and placed it under conservatorship for failing to comply with Pre-Need Code of the Philippines. The regulator said in a notice dated July 27 that concerned planholders, creditors, and other interested parties should file and address their claims and concerns to the assigned […]
Read more →BIR files P416 million tax evasion cases vs POGO, realty firms
The Bureau of Internal Revenue has filed three criminal complaints before the Department of Justice against a Philippine offshore gaming operator linked firm, a construction company and real estate sellers, with combined estimated tax liabilities amounting to P416 million.
Read more →BPI flags uncertain earnings outlook
Bank of the Philippine Islands sees an uncertain earnings outlook for the rest of the year as weaker economic conditions keep credit-loss provisions elevated, after its first-half net income slipped to P32.8 billion.
Read more →BSP rolls out new payment tools
Filipinos will soon have more ways to move money between banks and e-wallets, automate recurring bills and make higher-value business payments as the Bangko Sentral ng Pilipinas and the payments industry expand the country’s digital payment infrastructure.
Read more →Disinformation is a national problem
Fake news? No longer just a nuisance. For most Filipinos, it has evolved into a national problem, and one that demands urgent attention and action.
Read more →Five IT parks seek PEZA accreditation
The Department of Trade and Industry expects five information technology parks to benefit from President Marcos’ recent move to lift the moratorium on IT ecozone applications in Metro Manila.
Read more →For 2026: Philippine gaming revenue seen shrinking by 7%
he Philippine gaming industry is expected to contract this year as regulatory tightening, weaker consumer spending and restrictions on e-wallet access weigh on the online gambling segment, according to S&P Global Ratings.
Read more →GCash offers cashback for MRT-3, LRT-2 riders
E-wallet giant GCash is expanding its support for cashless public transportation with cashback promotions for railway commuters.
Read more →GSIS disburses P27.3 billion microloans via Ginhawa Go
State-run Government Service Insurance System has released P27.29 billion in microloans to 463,608 active government employees under its Ginhawa Go Program, seeking to provide affordable credit access and curb reliance on informal and predatory lenders.
Read more →High energy prices lift AboitizPower income
Aboitiz Power Corp. ended the first half with earnings surging to P18.4 billion, driven by higher electricity prices and additional capacity from new hydro and solar plants.
Read more →Meralco earnings surge to P26.5 billion in 6 months
Utility giant Manila Electric Co. saw its core earnings climb to over P26 billion in the first half on the back of strong results from its power generation business.
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