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
At least P30 billion retail T-bonds up for grabs
The national government will offer at least P30 billion in retail treasury bonds starting next week, as investors seek safer and more stable investments amid market volatility.
Read more →Budget deficit bloats to P161.3 billion in August
The national government’s budget deficit widened by 90.2 percent in August as public spending surged, driven by nearly P60 billion in support for the Philippine Health Insurance Corp. (PhilHealth), while revenue collections declined.
Read more →Buncio named deputy insurance commissioner
The Insurance Commission has appointed veteran banking executive Nikolai Buncio as deputy insurance commissioner, heading the regulator’s Financial Examination Group.
Read more →Coca-Cola urged to prioritize local sugar amid import plans
Sugar industry groups have called on Coca-Cola Europacific Aboitiz Philippines to prioritize the use of locally produced sugar and domestic production amid concerns regarding the bottler’s decision to import some of its finished products.
Read more →Group urges sharing of underground fiber
MANILA, Philippines — A consumer advocacy group has backed moves to establish national rules for shared underground fiber conduits, saying the policy should ultimately be measured by whether it delivers more reliable connectivity and fewer disruptions for Filipino consumers. “A severed fiber line can stop a student’s class, prevent a worker from earning a day’s pay, and disrupt payments, orders and other transactions for businesses of every size, from neighborhood stores
Read more →Institutional investors to inject P36.5 billion into GCash
E-wallet giant GCash is expected to book an immediate P36.5 billion in proceeds prior to listing, as large-scale funders take position, buying in as cornerstone investors. Based on its preliminary red herring prospectus, GCash’s parent Mynt Inc. said it has secured commitments from local and global investors to take part in its initial public offering.
Read more →Kaban Hotel and Casino opens new Boracay hub
Kaban Hotel and Casino Boracay has opened at Station 0, adding a new inland tourism and entertain Kaban Hotel and Casino Boracay has opened at Station 0, adding a new inland tourism and entertainment destination to the island’s world-famous beach attractions.ment destination to the island’s world-famous beach attractions.
Read more →‘Naysayers won’t take away GCash’s very exciting story’
Ayala president and CEO Cezar Consing has allayed concerns over Mynt Inc.’s upcoming blockbuster initial public offering (IPO), saying critics won’t be able to undermine GCash’s “very exciting story.”
Read more →No Carmen, no problem: Carmen’s Best continues to enjoy sweet success
The Carmen behind Carmen’s Best is now in the United States, and the brand’s founder is no longer part of its management team.
Read more →Philippines gets additional sugar export quota from US
The Philippines has received an additional 9,151 metric ton raw value (MTRV) quota for the export of raw cane sugar to the United States, according to the Office of the US Trade Representative.
Read more →PSEi sinks to 10-month low as growth worries persist
The stock market fell yesterday to a 10-month low as lower economic growth forecasts continued to weigh on investor sentiment.
Read more →Relapse
Unless things quiet down significantly in the Middle East by some miracle, the world will experience a relapse of the oil crisis and this time, it could be worse than the crisis early this year. Mas matindi pag nabinat!
Read more →Retail growth beyond Metro Manila
It’s Friday, and for most Filipinos nowadays, the weekend is for malling. More so now, because of the unwanted effect of the Middle East War that has caused crude oil prices to rise.
Read more →Senate OKs new franchise for Razon’s power utility
Tycoon Enrique Razon Jr.’s Bohol Light Co. Inc. is moving closer to securing a new franchise to operate in Tagbilaran City after hurdling the Senate.
Read more →Globe boosts AI, digital infrastructure to help Philippine businesses in ASEAN integration
Globe Telecom is expanding its digital and artificial intelligence (AI) capabilities as it prepares to support Philippine businesses seeking growth opportunities across Southeast Asia amid the country’s push for deeper digital integration.
Read more →Smart launches AI workspace
Mobile services provider Smart Communications Inc. (Smart) has launched what it calls a “one-stop AI workspace” in a bid to make powerful artificial intelligence (AI) more accessible to Filipinos.
Read more →ADB, S&P cut Philippines growth forecasts
The Asian Development Bank and S&P Global Ratings slashed the economic growth forecasts for the Philippines due to the prolonged impact of the Middle East crisis and weaker investments. The multilateral lender’s Asian Development Outlook September 2026 report released yesterday showed that it now expects the Philippines to grow by 3.3 percent this year, down from 3.8 percent provided last July.
Read more →BIR issues electronic invoicing guidelines
The Bureau of Internal Revenue has issued the implementing rules for electronic invoicing ahead of the Dec. 31 deadline, a major step toward revolutionizing invoicing and tax administration in the country.
Read more →BTr expects lower volume from RTB issue
The Philippines is planning to raise a smaller amount from its planned retail treasury bond sale as it weighs other funding options for the rest of the year, the Bureau of the Treasury said.
Read more →College buddies raise bar in poll transmission speed
With its first contract on a massive scale as the national elections, iOne Resources Inc. did not disappoint.
Read more →Dragonfi first broker-dealer okd for global equities
DragonFi Securities Inc. has become the first Philippine broker-dealer authorized under the Securities and Exchange Commission (SEC) regulatory sandbox to offer local investors access to pre-approved global equities and exchange-traded funds through an over-the-counter depositary receipt model.
Read more →ICTSI borrows $1 billlion from BDO to fund global expansion plan
The country’s largest listed firm, International Container Terminal Services Inc. (ICTSI), is set for further expansion after borrowing $1 billion from the biggest local bank.
Read more →Index drops for 4th day, falls below 5,800
The local stock market extended its losing streak to four straight, dropping below the 5,800 mark amid prevailing negative sentiment over the country’s economic growth.
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