🇵🇭 Local Market Intelligence

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

All sources BusinessWorld BusinessWorld Banking BusinessWorld Economy Investing.com PH Manila Times Business PhilStar Business Rappler Business

Manila Times BusinessJul 28, 2026

Yakap program a boon for our senior citizens

FOR more than four decades, public servant Angelina Cardel extended a helping hand to others. She began her career as a local official in Legazpi City, moved to the provincial government of Albay and later to the Department of Agrarian Reform, where she spent 25 years. Throughout her government career, service became more than a profession — it became her life’s work. At 80, Cardel is now on the receiving end. The retired government employee has ischemic heart disease, a chronic cond

BusinessWorldJul 28, 2026

Maynilad to replace Converge in PSEi

THE Philippine Stock Exchange (PSE) on Monday said Maynilad Water Services, Inc. (MYNLD) will replace Converge Information and Communications Technology Solutions, Inc. (CNVRG) in the Philippine Stock Exchange index (PSEi) following its latest review covering trading activity from July 2025 to June 2026. The changes, which take effect on Aug. 3, will also see Aboitiz […]

BusinessWorldJul 28, 2026

MREIT approves P27-B asset infusion to diversify portfolio

MREIT, INC. is moving forward with the next phase of its portfolio diversification after its board approved a P27-billion property-for-share swap that will add retail, hotel, and office assets to its portfolio. In a statement on Monday, the real estate investment trust (REIT) of Megaworld Corp. said the transaction, which remains subject to Securities and […]

BusinessWorldJul 28, 2026

PNB Holdings sets Sept. 25 listing by introduction

PHILIPPINE National Bank (PNB) said PNB Holdings Corp. (PHC), an associate of the bank, has set Sept. 25 as the target date for the listing of its shares on the Philippine Stock Exchange (PSE) by way of introduction. In a statement issued on Monday, PNB said the planned listing would allow PHC shares to be […]

BusinessWorldJul 28, 2026

SunAsia eyes P12-B floating solar projects in Laguna

SUNASIA ENERGY, Inc. is seeking to expand its renewable energy portfolio in Luzon with plans to develop P12.04 billion worth of floating solar power projects in Laguna. NewAsia Power Energy II Corp. (NPE2C) and Nortesol II Inc. (N2I), both subsidiaries of SunAsia, are proposing to develop two floating photovoltaic (PV) power plants with a capacity […]

BusinessWorldJul 28, 2026

AG&P Industrial to build 85-ha fabrication yard in Batangas

ATLANTIC, GULF & PACIFIC Company of Manila, Inc. (AG&P Industrial) has broken ground on an 85-hectare (ha) module fabrication yard in San Pascual, Batangas, with operations targeted to begin in the fourth quarter of 2027. The facility will have an annual fabrication capacity of 80,000 metric tons, the engineering and infrastructure company said in a […]

BusinessWorldJul 28, 2026

National renewal through conversion: Rebuilding our nation

Every election season, every change of administration, and every national crisis brings forth from the public, private, and civil society sectors still another wave of proposals to solve the Philippines’ enduring problems. Experts recommend reforms in education, healthcare, agriculture, governance, anti-corruption, infrastructure, and economic policy. Civil society organizations advocate transparency, environmental protection, and human rights. […]

BusinessWorldJul 28, 2026

T-bill yields decline on strong investor demand

THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday as yields dropped across the board on robust demand for short tenors and with sentiment getting a boost as global crude oil prices eased over the weekend amid renewed hopes for a de-escalation in the Middle East conflict. The Bureau […]

BusinessWorldJul 28, 2026

MocaMoca says user base tops 20 million in Philippines

ONLINE lending platform MocaMoca said it has surpassed 20 million users in the Philippines, five years after it began operations. “Many Filipinos still face barriers when accessing formal credit. Our goal is to remove those barriers through a lending experience that is simple, transparent, and built around the needs of borrowers, while maintaining the highest […]

BusinessWorldJul 28, 2026

Manila climbs to 2nd in global prime home price index

METRO MANILA ranked second in Knight Frank’s Prime Global Cities Index for the first quarter of 2026 after annual prime residential prices rose 19.9% from a year earlier, according to Santos Knight Frank. “It is a strong vote of confidence in the luxury residential market. This recognition was driven by the exceptional performance of the […]

BusinessWorldJul 28, 2026

SB19 named Philippine tourism ambassadors

PINOY POP (P-pop) group SB19 was named as an official Philippine tourism ambassador on Sunday, recognizing their role in representing the country’s pop music in the global scene. “SB19’s talent is undeniable. Their music is powerful and so is their influence. They have the reach to connect with fans across the United States, Europe, ASEAN, […]

BusinessWorldJul 28, 2026

BDO Q2 net income slips 1.43% on higher loan loss provisioning

BDO UNIBANK, Inc. saw its net profit drop by 1.43% in the second quarter due to higher costs and loan loss provisioning, coupled with lower trading gains. The bank’s attributable net income declined to P20.61 billion in the period from P20.91 billion in the year prior, according to its quarterly report. This brought BDO’s first-half […]

BusinessWorldJul 28, 2026

SOCResources, Inc. to hold Annual Stockholders’ Meeting on Aug. 28 via Zoom

The Company’s Annual Report, Definitive SEC Form 20-IS and 1st Quarter 2026 report will be uploaded to the PSE EDGE, for your reference. https://edge.pse.com.ph or the Company’s Website at: https://socres.com.ph Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by publishing their stories on the BusinessWorld Web site. For […]

BusinessWorldJul 28, 2026

Converge leads first-half Ookla broadband rankings

CONVERGE ICT Solutions, Inc. topped Ookla’s fixed broadband rankings for the first half of 2026, maintaining its position as the country’s fastest internet service provider (ISP), according to the global network testing firm’s latest report. “We take pride in providing the best broadband service to our over three million subscribers… Being awarded the fastest provider […]

BusinessWorldJul 28, 2026

Looking at what SONAs 2022-2025 said on energy, power demand of rail mobility

This column will cover only President Ferdinand Marcos, Jr.’s State of the Nation Addresses (SONA) of 2022 to 2025 because my deadline is several hours before he delivers his SONA for 2026. Here are some of the President’s pronouncements in the past four SONAs. SONA 2022: “Our demand for energy far exceeds our reliable supply. […]

BusinessWorldJul 28, 2026

Peso rebounds as US, Iran pause attacks

THE PESO rebounded sharply against the dollar on Monday as global oil prices eased over the weekend amid a respite in attacks between the United States and Iran. The currency surged by 17.2 centavos to close at P61.675 versus the greenback from its record-low P61.847 finish on Friday, based on data from the Bankers Association […]

BusinessWorldJul 28, 2026

Tracing the roots of a property giant in Jinjiang

BEFORE the sprawling malls that have become fixtures across the Philippines, there was a modest red-brick house tucked inside Hong Xi village in Jinjiang, Fujian province.

BusinessWorld BankingJul 28, 2026

UnionBank’s net profit surges 113%

UNION BANK of the Philippines’ (UnionBank) net profit surged by 113% to P6.91 billion in the first half as revenue growth stayed robust. “The parent bank sustained its performance from the previous quarter and accounted for 96% of group profit, supported by the continued strength of its core businesses,” it said in a disclosure to […]

PhilStar BusinessJul 28, 2026

AMRO keeps Philippines growth outlook, lowers inflation forecast

The Association of Southeast Asian Nations Plus 3 Macroeconomic Research Office has maintained its growth forecasts for the Philippines for this year and the next, even as it lowered its inflation outlook for the year.

PhilStar BusinessJul 28, 2026

Banks rack up P208 billion profits Up 5.2% in H1

The Philippine banking industry booked a net profit of P208.39 billion in the first half, up by 5.2 percent from P198.14 billion in the same period last year, as stronger interest earnings offset higher operating costs.

PhilStar BusinessJul 28, 2026

BDO earns P40.7 billion in 6 months

BDO Unibank Inc. saw its first-half earnings edge higher to P40.7 billion as double-digit loan growth and stronger core revenues offset higher provisions set aside for emerging credit risks.

PhilStar BusinessJul 28, 2026

Building what’s next

Today, Manila hosts the ASEAN Tech Summit 2026, where one of the region’s most important conversations on technology and finance begins.

PhilStar BusinessJul 28, 2026

Converge tops Ookla’s fixed broadband metrics

Fiber broadband and technology provider Converge ICT Solutions Inc. ranked as the country’s best internet service provider with fastest internet and unrivaled latency score based on Ookla’s Speedtest Intelligence report for the first half of 2026.

PhilStar BusinessJul 28, 2026

Green auction eyed for off-grid areas

The Department of Energy is planning to launch a competitive bidding round for renewable power projects in remote, off-grid areas.

← PreviousPage 195 of 374Next →