Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
40 articles from Bilyonaryo
Bank lending growth hits 3-month high in August as loans rise to P15T
Philippine bank lending growth accelerated in August to its fastest pace in three months, as lending to businesses picked up, according to data from the Bangko Sentral ng Pilipinas (BSP).
Read more →Why the rush? Chinese teachers at ICA, Jubilee suddenly called back to China
By Eileen Mencias Chinese teachers at two prominent Metro Manila schools are suddenly being called back to China but exactly why remains anyone’s guess. Immaculate Conception Academy (ICA) in Greenhills and Jubilee Christian Academy in Quezon City separately informed parents on Oct. 1 that their Chinese teachers would be heading home, leaving both schools to […]
Read more →Japan trip? Globe brings Starlink satellite roaming to Filipino travelers
Globe Telecom has expanded its satellite-to-mobile service to customers traveling in Japan, allowing them to stay connected through Starlink in areas beyond the reach of conventional mobile networks.
Read more →Chris Po taps ex-Century Pacific exec Edwin Africa as new Shakey’s COO
Shakey’s Pizza Asia Ventures Inc. (SPAVI) has appointed former Century Pacific Food Inc. executive Edwin Raymond Africa as chief operating officer, putting him in charge of Potato Corner’s domestic and international operations as part of a broader management reshuffle.
Read more →Grab Asenso Learning Caravan brings digital upskilling to Puerto Princesa MSMEs
Grab Philippines brings its Grab Asenso Learning Caravan to Puerto Princesa, holding a full-day masterclass that equipped GrabFood merchant-partners with practical digital skills and tools to grow their businesses.
Read more →A Lounge to shut NAIA T1 branch; T3 stays open 24/7
Travelers using NAIA Terminal 1 will soon have one less lounge option.
Read more →Ababa goes bogey-free, grabs one-shot lead in crowded Iloilo opener
Jhonnel Ababa cards a bogey-free 3-under 67 to claim a one-stroke lead after the opening round of the ICTSI Iloilo Golf Challenge.
Read more →Fernando Alonso extends F1 career with new Aston Martin deal
Two-time world champion Fernando Alonso and teammate Lance Stroll extended their contracts at Aston Martin through 2027, the Formula 1 team announced Tuesday.
Read more →GeoPark to invest $7 billion to lift output at Venezuelan oilfield
Colombia's oil and gas producer GeoPark GPRK.N is planning a $7 billion investment in Venezuela's large Bare oilfield to increase crude output there to some 90,000 barrels per day by 2038 from a current 11,000 bpd, the company's chief executive, Felipe Bayon, said on Tuesday.
Read more →Former media executive dies after fall from Rockwell condo in Makati
Former media executive and consultant Jose Ramon Diokno Olives passed away following a fall from a condominium building in Rockwell Center, Makati City.
Read more →Cash ni Lord, kulang ang isang bahay? NBI raided Velasco-linked Valle Verde properties before ‘6 cash houses’ claim
The NBI raided Valle Verde properties later linked to Lord Allan Velasco weeks before his former security chief came out with allegations about at least six “cash houses.” And according to NBI chief Melvin Matibag, the addresses match.
Read more →From alta to masa: Bilyonaryo, BNC, Abante give AB Group a seat at PH media’s big table
Bilyonaryo reached 15% of online news users, BNC posted 8% in offline news, while Abante/Abante Tonight registered 6% — giving the AB Group distinct brands across digital, broadcast and the mass market.
Read more →Pangilinan-led Meralco opens bidding for 15-year, 900 MW power supply deal
Meralco is looking for suppliers to help power the next decade, seeking 900 MW of long-term baseload capacity as electricity demand continues to grow.
Read more →Don’t just import: SM Investments wants businesses to tap RCEP to sell more Pinoy goods abroad
We see Korean, Japanese and Thai products everywhere. So where are the Pinoy goods abroad? SM economist Robert Dan Roces says RCEP should help Filipino businesses turn regional access into actual shelf space across Asia.
Read more →Globe’s AI bet delivers P1.2B payoff, 2.8x return
Globe put AI to work and it’s paying off. The Ayala-led telco says its AI initiatives have generated P1.2 billion in measurable financial benefits, delivering a 2.8x return on invested capital.
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