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Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
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Atome Philippines taps Chubb to offer shopping insurance for its cardholders
BUY NOW, PAY LATER platform Atome Philippines has partnered with insurer Chubb Philippines to launch a shopping insurance plan with personal accident benefits for its cardholders. The Atome Card Shield is available for Atome cardholders for P62 per month and includes buyer and purchase protection, online shopping fraud and unauthorized transaction coverage, and personal accident […]
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How PSEi member stocks performed — July 21, 2026
Here’s a quick glance at how PSEi stocks fared on Tuesday, July 21, 2026.
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A Brown seals P2.3 billion wind investment in Alternergy
Property developer A Brown Co. Inc. has completed its P2.3-billion investment in two wind power projects of Alternergy Holdings Corp.
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BDO funds Cebu Pacific’s new aircraft purchases
BDO Unibank Inc. is providing financing to Cebu Pacific for the acquisition of two more Airbus A320neo aircraft to its fleet as the budget carrier expands capacity to meet growing demand for domestic and regional travel.
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BFAR to enforce stricter fishing rules for blue crab
The Bureau of Fisheries and Aquatic Resources will implement stricter rules on the harvesting of blue swimming crab to enable the country to resume its exports to the United States.
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BOP surplus widens to $3.4 billion in June
The Philippines posted a balance of payments surplus amounting to $3.4 billion in June, the largest in nearly two years, as government foreign borrowing and lower global oil prices helped strengthen the country’s external position.
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BSP tightens controls over casino junkets
The Bangko Sentral ng Pilipinas has called on banks and other supervised financial institutions to tighten controls over casino junket operators after a review found that cash, checks, shell companies and layered transactions continued to make illicit fund flows difficult to detect.
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Construction permits down 12% in May
Construction projects in the country based on approved building permits declined both in number and value in May from a year ago, according to the Philippine Statistics Authority.
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DOE vows better power sector by 2028
The Philippines, which now has the highest electricity rates in Southeast Asia, could see a brighter power outlook before President Marcos ends his term in 2028.
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DTI to issue new steel safety standards in August
The Department of Trade and Industry is aiming to issue updated steel standards by next month to promote infrastructure safety and resilience given the country’s high risk for earthquakes.
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First Dreamliner jets landing in Philippines via PAL
Flag carrier Philippine Airlines has signed an initial commitment to purchase up to 20 jets from Boeing, paving the way for the country to welcome its first Dreamliner.
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Government anti-cybercrime unit eyes P1.5 billion budget for 2027
The government’s anti-cybercrime unit is seeking a budget of at least P1.5 billion for 2027, as it looks to expand the number of personnel responding to complaints on digital fraud.
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Landbank boosts account security with insurance program
State-run Land Bank of the Philippines is strengthening its account security with an insurance product aimed at shielding depositors from the growing risks of ATM withdrawal fraud and robbery.
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More McDonald’s stores secure competitive electricity rates
McDonald’s Philippines has expanded its participation in the retail power market, with at least 36 stores in Cebu and Negros Island set to gain access to competitive electricity rates.
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PCA seeks regulatory powers for copra prices
The Philippine Coconut Authority is seeking regulatory powers to influence the prices of copra and shield the country’s coconut farmers from declining copra prices.
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Philippines among strongest travel destinations in H2 – AirAsia
Travelers are looking for opportunities to fly to foreign destinations in the second half, and this is going to benefit Philippine tourism, according to AirAsia’s booking platform.
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‘Philippines firms look overseas for growth amid volatility’
More Philippine companies are looking beyond the domestic market for growth as geopolitical tensions, volatile commodity prices and supply-chain disruptions encourage businesses to diversify their operations, according to Citi Philippines.
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Playing to the gallery?
No matter how I look at it, the recent decision by the Department of Labor and Employment to approve an P85 daily wage hike feels like Labor Secretary Francis Tolentino is out to earn “pogi” points from the voting public when he eventually leaves his current government job, and once again throws his hat into the political arena.
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Stocks end winning streak on profit taking
The local stock market ended in the red territory as investors decided to pocket gains after a four-day rally.
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Top Line books Angkas to drive Cebu push
Top Line Business Development Corp. is riding with Angkas to capture a third of Cebu’s motorcycle taxi market.
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Wages and food prices
Any discussion of the potential economic impact of the recently mandated minimum wage increases has shown how little our options are.
Read more →Manila Times Business
McCready Law Announces Addition of Chicago Personal Injury Lawyer Nicholas Sandercock as Associate Attorney
Sandercock brings high-exposure medical malpractice and catastrophic injury litigation work from both the defense and plaintiff sides CHICAGO, July 21, 2026 (GLOBE NEWSWIRE) -- McCready Law Injury Attorneys announced that Nicholas "Nick” Sandercock has joined the firm, adding depth to its medical malpractice, catastrophic injury, wrongful death and complex personal injury practice. Sandercock brings knowledge in handling high-exposure litigation on both the defense and plaintiff sides, giving hi
Read more →Manila Times Business
GE Aerospace Announces AerCap Selects GEnx Engines to Power 15 Additional Boeing 787 Dreamliners
GEnx-1B signing AerCap CEO and Executive Director Aengus Kelly (left) signs a ceremonial document with GE Aerospace Chairman and CEO H. Lawrence Culp, Jr. at the Farnborough Airshow on Tuesday, July, 21. FARNBOROUGH, England, July 21, 2026 (GLOBE NEWSWIRE) -- GE Aerospace (NYSE: GE) today announced that AerCap Holdings N.V. ("AerCap") has selected the GEnx-1B engine to power an additional 15 Boeing 787 Dreamliners. AerCap, headquartered in Dublin, Ireland, is the world’s largest owner of Boeing
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