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
Lucio Co firm starts P6.7 billion Primewater rehab program
Crystal Bridges Holdings Corp., a holding firm owned by the family of retail tycoon Lucio Co, has earmarked more than P6.7 billion for the initial phase of its rehabilitation and expansion program for Primewater Infrastructure Corp., following the completion of its acquisition of the water utility in May.
Read more →Meat imports up 33% in H1
The entry of imported meat into the country reached over 870,000 metric tons in the first half of the year, driven by rising pork shipments.
Read more →MREIT readies biggest asset infusion
MREIT Inc. is undertaking its biggest asset infusion to date through a P27-billion property-for-share swap transaction as part of efforts to further diversify its asset mix.
Read more →PAGCOR decoupling to cost health care up to P2.1 billion yearly
The privatization of Casino Filipino, operated by the Philippine Amusement and Gaming Corp., may strip the Universal Health Care (UHC) program funding of about P1.7 billion to P2.1 billion annually, according to local firm Geronimo Law.
Read more →PSEi returns to 6,300 level as Mideast tensions ease
Shares edged higher yesterday, marking a successful return to the 6,300 level, as declining oil prices buoyed investor sentiment.
Read more →Razon-Pacquiao group’s Socoteco bid gains traction
Tycoon Enrique Razon Jr. and boxing legend Manny Pacquiao are a step closer to partnering with South Cotabato II Electric Cooperative to modernize its aging power distribution system.
Read more →SunAsia to invest P12 billion for Laguna Lake solar farms
SunAsia Energy Inc. is committing over P12 billion to develop two utility-scale floating solar projects across Laguna Lake.
Read more →The suggestion box is a lie (and what to do instead)
How can you reject the following statement? The person operating the machine, staring at the glitchy spreadsheet or dealing with the cranky customer always knows exactly how to fix the problem.
Read more →Philippine farm output lags population growth, farmers say
THE Federation of Free Farmers (FFF) said President Ferdinand R. Marcos, Jr. has not achieved sufficient growth in farming output to keep up with the rising population.
Read more →Motorcycle sales near 1M units as fuel prices drive shift in market
MOTORCYCLE SALES rose 3.58% in the first half, with buyers seeking cheaper mobility alternatives due to high fuel prices, an industry association said. The Motorcycle Development Program Participants Association (MDPPA) said sales hit 939,528 units in the six months to June. “Despite a more challenging market environment following an exceptionally strong first half in 2025, […]
Read more →Turkish builders seeking slice of PHL infra market
TURKISH construction companies are seeking to participate in major Philippine infrastructure projects under the Build Better More program and the Luzon Economic Corridor (LEC), Turkish Ambassador to the Philippines Niyazi Evren Akyol said.
Read more →PHL needs process to ensure absence of forced labor from supply chain — PCCI
THE PHILIPPINES needs a mechanism for establishing that manufacturing inputs used in its exports are not sourced from countries suspected of employing forced labor, the Philippine Chamber of Commerce and Industry (PCCI) said, citing the need to dodge the 12.5% US tariff.
Read more →‘Green,’ power reforms seen spurring EU free trade talks
THE PHILIPPINES can add impetus to free trade talks with the European Union (EU) by growing its green economy, reforming the power industry to lower electricity costs and improving trade facilitation, the European Chamber of Commerce of the Philippines (ECCP) said.
Read more →PHL fuel ethanol imports seen rising 1% in 2026
THE US Department of Agriculture (USDA) said fuel ethanol imports by the Philippines are projected to increase by 1% to 490 million liters in 2026. In a report released on July 23, the USDA attributed the slow growth to weak vehicle sales caused by the national energy emergency in March. Fuel ethanol consumption is estimated […]
Read more →Gasoline, diesel rise set to exceed P6 per liter
GASOLINE and diesel prices are set to increase by more than P6 per liter, fuel retailers said. In separate advisories on Monday, oil companies announced a fresh round of hikes starting Tuesday (July 28). Unioil Petroleum Philippines, Inc. and Jetti Petroleum, Inc. will increase gasoline prices by P6.80 per liter and diesel prices by P7.30 […]
Read more →DoE eyes green energy auction for off-grid areas
THE Department of Energy (DoE) plans to dedicate a green energy auction (GEA) to off-grid areas currently served by the National Power Corp. (NPC), to expedite the shift of these remote communities to hybrid renewable energy systems. “The initiative aims to accelerate the transition of off-grid communities from diesel-based power generation to hybrid renewable energy […]
Read more →Pax Silica, taxes, and progress
Aside from the ongoing impeachment proceedings in the Senate, there is another national issue that is sparking national concern — the inclusion of the Philippines in the Pax Silica initiative. The Philippines is seeking to position itself as a strategic player in the global technology and artificial intelligence (AI) ecosystem. However, several groups have raised […]
Read more →PSEi climbs to 6,300 range as ME tensions ease
PHILIPPINE STOCKS rose on Monday to lift the main index back above the 6,300 line on optimism over a de-escalation in the Middle East (ME) conflict that led to a decline in global oil prices. The Philippine Stock Exchange index (PSEi) went up by 0.54% or 33.89 points to close at 6,314.90, while the broader […]
Read more →Marcos, Duterte post lower trust, performance ratings in Q2 OCTA poll
PRESIDENT Ferdinand R. Marcos, Jr. and Vice-President Sara Duterte-Carpio both posted lower trust and performance ratings in the second quarter, with support for both leaders slipping below the majority level, according to an OCTA Research survey released on Monday. “Compared with March 2026, both leaders posted significant declines in trust and performance,” OCTA Research said […]
Read more →Congress opens session, to prioritize 2027 budget
THE Senate and House of Representatives on Monday resumed session with a legislative agenda centered on economic recovery, lower food prices, healthcare reforms, government transparency and the timely passage of the proposed 2027 national budget.
Read more →DoJ blast, Senate bomb scare prompt probe before SONA
AN EXPLOSION believed to have been caused by an improvised explosive device (IED) occurred outside the Department of Justice (DoJ) headquarters in Manila early on Monday, prompting authorities to investigate whether it was linked to a separate suspected explosive device discovered near the Senate hours before President Ferdinand R. Marcos, Jr.’s fifth State of the […]
Read more →Thousands rally before SONA
THOUSANDS of protesters from labor, youth and other sectoral groups marched along Commonwealth Avenue on Monday ahead of President Ferdinand R. Marcos, Jr.’s fifth State of the Nation Address (SONA), demanding higher wages, secure jobs, lower prices and greater government accountability. Police deployed more than 20,000 personnel for SONA security, while the Metropolitan Manila Development […]
Read more →Call for wage hike renewed
MAJOR labor federations urged the Marcos administration to prioritize long-pending labor reforms, including a legislated wage increase, security of tenure and stronger protections for workers’ right to organize during its remaining two years in office. The National Wage Coalition, composed of Bukluran ng Manggagawang Pilipino, Kilusang Mayo Uno, Nagkaisa! And Trade Union Congress of the […]
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