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
XRP Power Announces Global Release of AI-Driven Quantitative Analytics and Digital Asset Infrastructure Platform
LONDON, UK, July 29, 2026 (GLOBE NEWSWIRE) -- XRP Power (www.xrppower.com), an international financial technology holding company specializing in artificial intelligence and distributed digital infrastructure, today formally announced the general release of its upgraded fintech ecosystem. The platform integrates high-precision quantitative analysis tools, automated data processing, and multi-layered secure cloud applications designed to enable global users to efficiently navigate complex digital
Read more →Centrino Capital Secures Mauritius FSC License Approval to Support Regulated Global Expansion
The regulatory milestone strengthens the broker’s compliance-led expansion strategy across international markets. Tbilisi, Georgia, July 29, 2026 (GLOBE NEWSWIRE) -- Centrino Capital has announced that its regulatory license has been approved by the Mauritius Financial Services Commission (FSC), bringing the online CFDs trading broker closer to its planned launch under the Mauritius regulatory framework. The authorization forms part of Centrino Capital’s strategy to expand its international oper
Read more →The Council of Insurance Agents & Brokers Acquires Broker Smackdown and Insurance Challenge Programs from PriSim Business War Games
Asset acquisition includes program simulation and accompanying curriculum Washington, D.C., July 29, 2026 (GLOBE NEWSWIRE) -- The Council of Insurance Agents & Brokers (The Council) announced today that it has entered into an agreement with PriSim Business War Games to acquire a leading insurance industry training program suite, known within the brokerage community as Broker Smackdown and across the broader commercial insurance marketplace as the Insurance Challenge. The deal reinforces The Coun
Read more →Shares jump as BSP policy signals boost optimism
PHILIPPINE SHARES rebounded on Wednesday, with the main benchmark testing the 6,400 mark intraday, after the Bangko Sentral ng Pilipinas (BSP) chief said they are unlikely to make aggressive policy moves even as inflation risks persist. The Philippine Stock Exchange index (PSEi) went up by 0.77% or 49.01 points to close at 6,353.04, while the […]
Read more →Meralco chair Pangilinan: Power industry ‘may not survive’ if asked to absorb system loss
The warning comes from the chairman of Meralco — the distribution giant that posted a record P50.6 billion in core profit in 2025 — who says forcing the power industry to absorb system loss costs could run into tens of billions of pesos
Read more →GGR seen contracting 7% after crackdown on online gambling
GROSS GAMING REVENUE (GGR) is expected to contract this year, reversing the growth posted in 2025, with the crackdown on online gambling putting the industry under pressure, Standard and Poor’s (S&P) Global Ratings said. In a July 28 report, S&P said GGR is projected to contract 7% this year, after posting 6% growth in 2025. […]
Read more →PHL-India trade projected at $10 billion after trade deals
BILATERAL TRADE between the Philippines and India is projected to grow to about $10 billion in the next five or six years once trade agreements with the Philippines and the Association of Southeast Asian Nations (ASEAN) take effect, the Embassy of India in Manila said. Harsh Kumar Jain, ambassador to the Philippines said bilateral trade […]
Read more →US 12.5% tariff fallout expected to dislocate supply chains — chamber
THE Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) said the 12.5% US tariff on the Philippines will discourage investment and disrupt supply chains. “Economists continue to warn that higher tariffs raise costs for consumers, disrupt supply chains, discourage investment, and slow economic growth,” FFCCCII President Victor Lim said in a statement […]
Read more →Farmers question agri growth claims, cash-aid impact in Marcos SONA
PRESIDENT Ferdinand R. Marcos, Jr.’s fifth State of the Nation Address (SONA) on Monday has been challenged by farmers on the growth rates and cash aid figures cited in his speech to Congress.
Read more →Flex office segment emerging as defensive play as traditional office leases hit 5-year low — CBRE
DEVELOPERS are reconfiguring their portfolios to increase their flexible office offerings after traditional office leasing fell to a five-year low during the second quarter, according to real estate consultancy CBRE Philippines. With more than 3,400 seats in upcoming supply, developers are turning to flex spaces as defensive plays while overall office stock languishes with vacancies […]
Read more →First PHL seaweed bioreactor launched at BFAR Sorsogon
THE Department of Agriculture (DA) said the Philippines’ first seaweed bioreactor started operating at the National Seaweed Technology Development Center in Sorsogon, enabling the year-round production of disease-free planting materials. The seaweed center, an arm of the Bureau of Fisheries and Aquatic Resources (BFAR), hosts the automated 1,250-liter bioreactor, which cost P10 million. The bioreactor […]
Read more →Late slowdown in 1st half meat imports adds uncertainty to full-year outlook — traders
THE Meat Importers and Traders Association (MITA) said on Wednesday that strong first-half meat imports are not guaranteed to continue for the rest of the year after a slowdown late in the period. MITA president emeritus Jesus C. Cham said that while import volume in the six months to June rose 12% to 872,000 metric […]
Read more →DoTr, DENR sign deal on mangrove protection in airport, seaport projects
THE Department of Transportation (DoTr) said it signed an agreement with the Department of Environment and Natural Resources (DENR) to protect mangroves while developing aviation and seaport projects. In a statement on Wednesday, the DoTr said the agreement was signed with the DENR’s Ecosystems Research and Development Bureau. Under the agreement, the two agencies will […]
Read more →Pax Silica: More than a tax incentive story
I first came across Pax Silica through social media. What began as a quick scroll turned into hours of reading. Pax Silica seems like a real proposal that could shape how the Philippines positions itself in the global race for artificial intelligence (AI), semiconductors, critical minerals, and advanced manufacturing. The Philippine component of Pax Silica […]
Read more →Analysts say Marcos’ SONA anti-graft pledge puts his credibility on the line
PRESIDENT Ferdinand R. Marcos, Jr.’s declaration that even members of his own family would not be spared from corruption investigations has raised the political stakes for his administration’s anti-graft campaign, with analysts saying its credibility will depend not only on whether cases are pursued impartially but also on whether the government delivers on the broader reform agenda it outlined for the remainder of its term.
Read more →House moves to advance Marcos’ power, tax agenda
THE House of Representatives will prioritize measures to remove system loss charges from electricity bills and provide income tax relief for workers, in line with President Ferdinand R. Marcos, Jr.’s legislative agenda following his fifth State of the Nation Address. Speaker and Isabela Rep. Faustino “Bojie” G. Dy III on Wednesday said the chamber is […]
Read more →VP cash withdrawals ‘unusual,’ bank managers tell impeachment court
BANK MANAGERS who testified in Vice-President (VP) Sara Duterte-Carpio’s impeachment trial on Wednesday described hundreds of millions of pesos in cash withdrawals by the Office of the Vice-President (OVP) and the Department of Education (DepEd) as “unusual,” although they said the transactions complied with banking procedures. On the 10th day of the impeachment trial, the […]
Read more →Palace: Marcos still backs anti-dynasty bill
MALACAÑANG on Wednesday said President Ferdinand R. Marcos, Jr. remains committed to the passage of an anti-political dynasty law despite not mentioning the measure in his fifth State of the Nation Address (SONA). “Yes, that remains the President’s desire during his term and administration,” Palace Press Officer Clarissa A. Castro told reporters in Filipino. She […]
Read more →PAGASA monitoring 2 LPAs
THE Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) is monitoring two low-pressure areas (LPAs) — one inside and another outside the Philippine Area of Responsibility (PAR), with the weather disturbance within PAR expected to bring rains across much of Luzon. In its 10 a.m. tropical cyclone outlook on Wednesday, PAGASA said the LPA inside […]
Read more →Cagayan warns over rocket debris
TUGUEGARAO CITY, Cagayan — Authorities have warned fishermen and coastal communities in Cagayan Valley to avoid waters within the Philippine exclusive economic zone where debris from China’s Long March 6A rocket might fall after its scheduled launch on Thursday. The Cagayan Valley Disaster Risk Reduction and Management Council in a memo said the projected debris […]
Read more →DoJ remits P841-M recovery
THE Department of Justice (DoJ) on Wednesday said it had remitted P841.38 million recovered from people linked to the government’s flood control investigation to the National Treasury, while vowing to continue recovering public funds tied to the anomalies. The DoJ said the amount was deposited through Land Bank of the Philippines. “The work continues. We […]
Read more →Marcos names 2 CTA justices
PRESIDENT Ferdinand R. Marcos, Jr. has appointed Debbie Jean Centeno-Dijamco and Paolo S. Teston as associate justices of the Court of Tax Appeals (CTA), the Presidential Communications Office (PCO) said on Wednesday. Ms. Centeno-Dijamco previously served as an undersecretary of the Department of Education, while Mr. Teston was director general of the Food and Drug […]
Read more →NIA distributes El Niño pumps
THE National Irrigation Administration (NIA) has distributed 16 diesel-powered water pumps to irrigators’ associations in Ilocos Norte as part of efforts to mitigate the impact of an expected strong El Niño. The pumps will provide supplemental irrigation to farms facing reduced rainfall, helping farmers protect crops and sustain production. NIA Region I Regional Manager Geffrey […]
Read more →