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🇵🇭 Local Market Intelligence

Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

1253 articles from PhilStar Business

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PhilStar Business

7 listed Philippines companies join Forbes’ Best Under $1 billion list

Seven publicly listed Philippine firms entered Forbes’ list of best Asian companies with sales of under $1 billion, showcasing their capability to sustain growth in a pressured environment.

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PhilStar Business

Apple Pay debuts with 4 banks in Philippines

Apple Pay has officially debuted in the Philippines with an initial roster of four partner banks, marking the long-awaited entry of Apple’s mobile payment service into the local market.

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PhilStar Business

Climate-resilient infrastructure

For those of us living in Mega Manila, we have been fortunate that in the past seven months we have been spared by at least two powerful typhoons that has instead wreaked havoc and caused major flooding in China.

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PhilStar Business

DA shelves rice cap plan, rules out ban on imports

The Department of Agriculture has reversed its plan to impose another price cap on imported five percent broken rice, noting that current market prices have remained below the price ceiling.

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PhilStar Business

DOF to pair tax relief program with wealth, excise taxes

The Department of Finance is preparing to cushion the fiscal blow of planned middle-class tax relief through tweaks in the excise tax on so?called sin products, fresh charges on single?use plastics and a wealth tax targeting luxury automobiles.

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PhilStar Business

Government on track to hit P1.3 trillion infrastructure spending program

The government is on track to meet its P1.3-trillion infrastructure spending program this year, despite a five-month slide in public works disbursements, as it remains a key engine for the economy’s rebound, the Department of Budget and Management said.

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PhilStar Business

Hot money swings to $4 billion net outflow in H1

Foreign investors pulled more money out of the Philippines than they brought in during the first half as global uncertainty, elevated oil prices and geopolitical risks drove investors toward safer dollar assets.

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PhilStar Business

ICTSI profit jumps to $590 million in H1

Port giant International Container Terminal Services Inc. sailed past the first half with a $590-million profit, shrugging off shipping disruptions caused by the geopolitical conflict in the Middle East.

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PhilStar Business

Maharlika to achieve P3.3 billion core profit goal this year

Maharlika Investment Corp. is banking on dividend inflows, interest income and equitized earnings from investees to deliver its P3.3-billion core net income goal for 2026, while eyeing up to P35 billion in capital deployment for investments.

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PhilStar Business

Manila Water gets ready for El Niño

Manila Water Co. Inc. is looking to boost its backwash recovery system to improve water supply in the coming months in preparation for the upcoming El Niño.

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PhilStar Business

Maynilad earnings up 14% in 6 months

West Zone concessionaire Maynilad Water Services, Inc. recorded a 14 percent increase in earnings in the first half of 2026, driven by improvements in its water services.

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PhilStar Business

OceanaGold allots P768 million for mine rehab

Australian-Canadian mining firm OceanaGold Philippines Inc. has allocated more than P700 million for the rehabilitation of its Didipio mine in Nueva Vizcaya.

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PhilStar Business

PCA, Mitsui set farm trial to boost coconut yield

The Philippine Coconut Authority has signed an agreement with Japan’s Mitsui Group to test nanotechnology for coconut farms, boosting productivity for the country’s largest agricultural export.

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PhilStar Business

Petron income down to P3.8 billion on high oil prices

Elevated crude oil prices and freight costs triggered by the ongoing Middle East war dragged down Petron Corp.’s earnings in the first six months.

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PhilStar Business

Philippines, Canada to hold next FTA talks in September

The Philippines and Canada, which are set to hold the next round of free trade agreement talks next month, are on track to conclude negotiations within the year.

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PhilStar Business

‘Philippines most vulnerable in ASEAN to El Niño’

The Philippines is likely to be the Southeast Asian economy hardest hit by an emerging strong El Niño, with Bank of America (BofA) expecting inflation to average 6.7 percent this year, the highest among major economies in the region.

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PhilStar Business

Stocks succumb to profit taking

Investors yesterday returned to selling off their shares for quick gains, as they wanted no part in the uncertainties clouding peace negotiations between the United States and Iran.

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PhilStar Business

Sun Life pays out P2 billion in claims as of end-May

Sun Life of Canada (Philippines) Inc. has released more than P2 billion in claims in the first five months of 2026, as well as P1.4 billion in policy maturities, keeping its commitment to its clients.

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PhilStar Business

Sweat and tears

Due to time zone differences, many of us have been losing sleep trying to catch the tennis matches of Alex Eala.

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PhilStar Business

The Yellow Basket Theory: How one book is changing the way Filipinos think about affiliate marketing

Every day, millions of Filipinos scroll through TikTok.

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PhilStar Business

Debt with dignity: How Tala redefines consumer protection in the digital credit journey

Tala is helping shape a model framework for regulating debt collection that national authorities can adapt as the industry strengthens its guardrails.

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PhilStar Business

‘Think Rice, Think Thailand’ returns to WOFEX 2026 with premium rice and new business opportunities

Thailand showcased a wide range of premium rice products, highlighting the quality, diversity and global reputation of Thai rice.

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PhilStar Business

GCash redefines payment convenience with direct Visa, Mastercard card linking

No need to cash in! GCash users will soon be able to link their Visa and Mastercard credit and debit cards to pay instantly.

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PhilStar Business

Price Tracker: Oil, fuel monitor for August 4-10

A few centavo rollback takes effect this week.

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