Philippines Business News

Price Tracker: Oil, fuel monitor for Sept. 1-7, 2026

Local pump prices went down in the first week of September.

COMCO Mundo ramps up global operations across SEA and MEA

As the global award-winning Philippine-led intercontinental communications and public relations group approaches its second decade, it strengthens its global presence through its growing network across Southeast Asia and the Middle East, anchored by the Southeast Asia Communications Agencies Network (SEA CAN) Alliance by COMCO Mundo, COMCO Southeast Asia - Singapore and COMCO Middle East & Africa.

Fuel prices roll back after 2 weeks of hikes

It's welcome news after motorists suffered through a rough August with pump prices swinging sharply due to the continuing conflict in the Middle East

Fed hike bets, oil rally and Japan yields - what’s moving markets

Japan 10-yr bond yields cross 3% for first time in 30 years

Debt yields may climb on BSP hike, hawkish hints

RATES of the government securities (GS) to be offered this week may rise following the Bangko Sentral ng Pilipinas’ (BSP) hawkish policy signals and expectations of higher bond supply, analysts said. On Tuesday, the Bureau of the Treasury (BTr) will auction off up to P80 billion in short-term securities. Broken down, it will offer P10-20 […]

BSP may wait until February to deliver final rate increase as growth stays weak

THE BANGKO SENTRAL ng Pilipinas (BSP) may stand pat for the remainder of the year as it steps back to monitor inflation developments amid a weak macroeconomic environment before potentially delivering its final rate hike for this tightening cycle early next year, Deutsche Bank Research said.

AUB to raise capital stock to P72.5 billion

ASIA United Bank Corp. (AUB) will increase its authorized capital stock to strengthen its balance sheet for long-term expansion. AUB’s capital will be increased by 393% to P72.5 billion from P14.7 billion previously, subject to regulatory approvals, the bank said in a disclosure to the stock exchange on Friday. “Supported by our strong financial results, […]

CitySavings to get P1-B capital infusion

UNION BANK of the Philippines (UnionBank) will inject P1 billion in fresh funding into its thrift banking subsidiary to fuel its expansion. The bank’s board of directors approved the capital infusion for City Savings Bank, Inc. (CitySavings) in a meeting on Aug. 28, it said in a disclosure to the stock exchange on Friday. The […]

Camarines Sur launches smart city project

An expansive hub for business, leisure and wellness is rising in the capital town of Pili in Camarines Sur, laying the platform for the province’s transformation as the next smart city development in Luzon.

DEPDev pushes passage of National Land Use Act

The Department of Economy, Planning and Development is urging Congress to approve the National Land Use Act to address food security.

DMCI Homes ventures into socialized housing – with style

DMCI Homes of the Consunji Group is not simply entering the socialized housing segment – it plans to do so with style.

DOE: 17 power firms line up for P10 billion geothermal funding

At least 17 power companies are vying for a share of the government’s P10-billion financing program to support geothermal energy exploration across the country.

Farmers see higher mill prices as sweetener imports tighten

Local sugar producers are hopeful of better millgate prices as the government tightens imports of artificial sweeteners, according to an industry group.

Favorable market conditions seen as sweet boost for cacao industry

The country’s cacao industry may be entering a sweet spot for expansion, with favorable market conditions providing fresh momentum, according to the University of Asia and the Pacific-Center for Food and Agri Business.

Jollibee Group named global growth champion

Jollibee Group has been named Global Growth Champion at the inaugural Globie Awards, the awards program of the Global Restaurant Leadership Conference, which brings together senior executives in the global restaurant and food service industry.

Maynilad, K-Water bag OPS for P14.8 billion Clark contract

The consortium of Maynilad Water Services Inc. and Korea Water Resources Corp. have secured the original proponent status for the proposed P14.8-billion long-term water supply and wastewater management project in New Clark City in Tarlac.

Moderate pickup in consumer spending seen

Household consumption is likely to pick up modestly for the rest of the year if inflation continues to ease and public infrastructure spending accelerates, according to the Department of Economy, Planning and Development.

MPTC revenues rise despite softer Philippines traffic

Pangilinan-led Metro Pacific Tollways Corp. kept revenue growth on track in the first half as its expanding toll-road network helped offset softer domestic traffic.

POCB, DMW partner to expand construction industry prospects

The Philippine Overseas Construction Board and the Department of Migrant Workers have teamed up to help expand global opportunities for local construction firms and workers.

RHR sets sights on Fili Hotel expansion

Robinsons Hotels and Resorts, the hospitality arm of the Gokongwei family’s Robinsons Land Corp., is setting its sights on expanding its five-star Fili Hotel and establishing it as a major regional hospitality brand.

Rice imports already surpass full 2025 level

The country’s rice imports have already surpassed the 3.39 million metric tons logged last year, as the government moves to boost its buffer stocks ahead of the incoming El Niño weather disturbance.

Several regional airports primed for upgrade in 2027

Several airport upgrades are scheduled for completion next year as these are banked on to increase passenger traffic into the regions by allowing larger aircraft to land.

The price of inclusion

Eleven years ago, I stood before an audience at the Microfinance Council of the Philippines Annual Conference and made the case for electronic payments as a driver of inclusive growth.