Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
8965 articles across all sources
Binance StratBox pilot eyed within the year
BLOCKSHOALS Technologies, Inc., which operates Binance as a crypto-asset intermediary (CAI) under the Securities and Exchange Commission’s (SEC) Strategic Regulatory Sandbox (StratBox), is targeting a launch within the year after completing regulatory requirements, company officials said. The company is currently onboarding a Bangko Sentral ng Pilipinas (BSP)-licensed virtual asset service provider (VASP) to enable fiat-to-cryptocurrency […]
Read more →YPC Stage brings tales of heartbreak from Biñan to QC
A THEATER GROUP from Biñan, Laguna — YPC Stage — is ranging further afield, staging a set of three one-act plays in Metro Manila. Titled Mapanakit! Mga Dulang Bittersweet, it opened last week at the Ignacio B. Gimenez-Kolehiyo ng Arte at Literatura Theater (IBG-KAL Theater) in the University of the Philippines Diliman, Quezon City (QC), […]
Read more →Peso rises further on peace deal hopes
THE PESO strengthened further against the dollar on Tuesday as global oil prices continued to go down amid hopes for a end to the Middle East conflict, and after the Philippine central bank chief said more aggressive monetary action remains unlikely despite ongoing global market volatility. The currency rose by 6.1 centavos to close at […]
Read more →URC cited for employee development programs
UNIVERSAL ROBINA CORP. (URC) said it received recognition at the Philippines’ Best Employer Brand Awards 2026 for its employee development and workplace programs. In a statement on Tuesday, the company said its workforce initiatives include leadership development, early-career programs, employee engagement efforts, and continuous learning opportunities. URC said these initiatives form part of its “Grow […]
Read more →Filipina develops sustainable alternative to concrete blocks
A FILIPINA engineer is pushing wider adoption of sustainable construction materials in the Philippines after developing organic hollow blocks made from locally sourced materials as an alternative to conventional concrete.
Read more →Banana leaf startup turns farm waste into jobs, eco-friendly products
A ZAMBOANGA-BASED startup is turning discarded banana leaves into eco-friendly products while creating jobs for marginalized communities in Mindanao. “There are a lot of projects focusing on banana production, but the leaves are just left to wither without any relevant use,” Unas Canvas (UnVas) inventor Julienne Stephanie Fabie-Agapin told BusinessWorld via Zoom. She said the […]
Read more →Loan-to-deposit ratio may drop below 50% by 2050 as population ages
THE PHILIPPINES’ loan-to-deposit ratio is projected to decline by 2050 as banked Filipinos are likely to borrow less and deposit more as they age, a study from the International Monetary Fund (IMF) showed. In a working paper published earlier this month, IMF Research Officer Haibo Li and senior economists Estelle Liu, Yinqiu Lu, Anne Oeking […]
Read more →BDO raises P132 billion from sustainability bonds
BDO Unibank Inc. raised P132 billion from its sixth peso-denominated ASEAN Sustainability Bonds issuance, exceeding its original target by more than 26 times as investors continued to show strong appetite for sustainable debt instruments.
Read more →BSP sees slim chance of 50-bp rate increase
The Bangko Sentral ng Pilipinas is keeping the door open to a more aggressive 50-basis-point (bp) interest rate hike next month as policymakers assess a growing list of inflation risks, although BSP Governor Eli Remolona Jr. said such a move remains unlikely for now.
Read more →Impeachment
The impeachment trial of Vice President Sara Duterte is important for our democratic system. It allows us to make officials accountable, particularly in the handling of public funds and keeping the public trust overall.
Read more →Marcos ends Metro Manila IT ecozone freeze
President Marcos has lifted the moratorium on applications for setting up information technology ecozones in Metro Manila, to attract more investments and strengthen the area’s position as a leading information and communications technology hub.
Read more →Motorcycle sales rise 4% in H1
Motorcycle sales in the country rose by four percent in the first half from a year ago, reflecting sustained demand from Filipinos for their mobility needs.
Read more →SRA steps up fight vs sugarcane pests
The Sugar Regulatory Administration has strengthened its fight against the red-striped soft scale insect in sugarcane farms, through the expanded use of chemical spraying drones and financial aid.
Read more →Stocks slip on last-minute profit taking
The local stock market slipped into red territory on last-minute selling yesterday, as investors stayed cautious given lingering geopolitical risks.
Read more →Taking the bull by the horns
President Marcos took the bull by the horns on Monday by addressing key issues in his fifth State of the Nation Address that two separate surveys showed the public wanted the beleaguered administration to tackle.
Read more →URC named among Philippines top employer brands
Gokongwei-led food and beverage company Universal Robina Corp. has been named among the top employer brands in the country, underscoring its continuing efforts to build a workplace where employees are empowered to grow, lead and contribute to the business’ long-term success.
Read more →Who will end up paying for system losses?
President Marcos earned a standing ovation during his fifth State of the Nation Address on Monday after calling for the removal of system loss charges from electricity bills.
Read more →HOPE & SESAME IN GUANGZHOU TAKES THE NO.1 SPOT AT ASIA'S 50 BEST BARS 2026
Hope & Sesame in Guangzhou is ranked No.1 and named The Best Bar in Asia 2026, sponsored by PerrierThe 2026 list spans 22 cities, with 14 new entries and two re-entriesLennon's in Bangkok debuts at No.7 and wins the Disaronno Highest New Entry AwardBar Sathorn (No.17) in Bangkok rises 31 places and earns the Nikka Highest Climber AwardThree Hong Kong bars earn major accolades: Coa (No.24) receives the Rémy Martin Legend of the List Award, Kinsman wins the Siete Misterios Best Cocktail Menu Award
Read more →Welcome to Bybit Galaxy, the First Unified Reward Universe Across Financial Products
DUBAI, UAE, July 28, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, announced the launch of Bybit Galaxy, rewarding users for a wide array of engagements on Bybit across trading, wealth building, fiat, payments, interactive tasks, and beyond. For the first time, rewards for CEX activities are unified under one universe. The program is a step up from traditional reward models which offers simple trading incentives, enabling Bybit users to make th
Read more →Kering - 2026 First-half results: back to growth, performance improvement & strategy execution on track
Kering - H1 26 - Press Release - 28 07 26 PRESS RELEASEJuly 28, 2026 2026 FIRST-HALF RESULTS: BACK TO GROWTH, PERFORMANCE IMPROVEMENT & STRATEGY EXECUTION ON TRACK First-half revenue at €7,220 million, +1% on a comparable basis Sequential improvement with Q2 revenue at €3,652 million, +2% on a comparable basis with a marked acceleration at Gucci, in retail: +7pts Enhanced operating performance with recurring operating margin at 12.8% of revenue; €921 million All key execution levers on track or
Read more →SMCP - 2026 H1 Results
2026 H1 Results Press release - Paris, July 28th, 2026 Sales growth supported by America and the EMEA region Strong improvement in profitability, enhanced financial discipline and full-year guidance confirmed 2026 H1 Sales at €597m, increasing by +0.6% on an organic1 basis compared with 2025 H1 Sales (€601m) Solid organic sales growth during the semester in America and in the EMEA region; organic growth confirmed in Asia Pacific; decline in France, impacted by a weak consumption environment and
Read more →Volta Finance Limited Net Asset Value(s) as at 30 June 2026
Volta Finance Limited (VTA / VTAS) June 2026 monthly report NOT FOR RELEASE, DISTRIBUTION, OR PUBLICATION, IN WHOLE OR PART, IN OR INTO THE UNITED STATES Guernsey, July 28th, 2026 BNPP AM has published the Volta Finance Limited (the "Company” or "Volta Finance” or "Volta”) monthly report for June 2026. The full report is attached to this release and will be available on Volta’s website shortly (www.voltafinance.com). Performance and Portfolio Activity Dear Investors, Volta Finance posted a net r
Read more →Flock LPR and Tesla Footage Combine to Help Polk County Deputies Arrest Hit-and-Run Suspect in 90 Minutes
ANKENY, Iowa, July 28, 2026 (GLOBE NEWSWIRE) -- A 14-year-old girl was struck by a vehicle while riding an electric scooter in Polk County on May 3, 2026. The driver fled. About 90 minutes later, a suspect was in custody. The girl sustained significant injuries, including ankle damage, a broken nose, and road rash, and was transported to the hospital. She was wearing a helmet at the time of the crash. Polk County Sheriff's Office deputies responded to the scene, where a witness who had arrived i
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