Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1501 articles from PhilStar Business
DA seeks higher tariffs on pork
The Department of Agriculture (DA) is proposing to implement higher tariffs on imported pork, as farmgate prices for live hogs drop to a range of P120 to P160 per kilo.
Read more →‘Defunding busway to disrupt 183,000 commuters, PITX traffic’
Nearly 183,000 commuters in Metro Manila could lose their main mode of transport if legislators fail to allocate P1.76 billion for the operations of the EDSA Busway next year.
Read more →First Gen: No plan to sell EDC
Lopez-led First Gen Corp. is holding on to Energy Development Corp. (EDC), the country’s largest geothermal company, despite a $5-billion (about P315 billion) offer from Indonesia’s Barito Group.
Read more →Making a bet on the Phl
Three young Filipino-Americans, who are making a bold move to start up an AI-native defense technology and robotics hardware company that designs and builds motors and actuators for drones, robots and other autonomous machines in the United States, have established manufacturing operations here in the Philippines that will be part of its global operations.
Read more →Robinsons Retail opening more stores in ‘ber’ months
Robinsons Retail Holdings Inc. (RRHI) is speeding up store openings in the remaining months of year as it looks to capitalize on higher consumer spending during the “ber” months.
Read more →Young inventors on the rise in Philippines
The Intellectual Property Office of the Philippines (IPOPHL) is targeting a new record for IP filings this year, buoyed by a growing number of young inventors.
Read more →Cyber vigilance efforts ramp up as GCash IPO expected to draw first-time investors
The Cybercrime Investigation and Coordinating Center (CICC) is expected to play an important role in protecting first-time Filipino investors from cyber scams.
Read more →Asialink targets to disburse P28 billion via new loan program
Asialink Finance Corp. is aiming to release P28 billion in loans under a new financing program by the end of 2026 as it expands lending to medium enterprises with larger funding needs.
Read more →Bank assets rise to P30.7 trillion in July
Philippine banks’ total assets expanded by 10.7 percent to P30.72 trillion in July from a year earlier, supported by sustained lending and deposit growth, preliminary data from the Bangko Sentral ng Pilipinas showed.
Read more →Current account gap widens as imports outpace exports
The Philippines’ current account deficit widened by 51.7 percent to $15.44 billion in the first half as higher import bills outpaced growth in export earnings, the Bangko Sentral ng Pilipinas said.
Read more →EastWest, Moneymax to widen personal loan access
East West Banking Corp. of the Gotianun family has partnered with financial comparison platform Moneymax to reach more borrowers through an online channel for comparing and applying for personal loans.
Read more →Erring bank officials to face stiff penalty
Bank officials and employees found liable for serious violations could face suspension of up to one year for a first offense and removal or disqualification for repeat offenses under the proposed rules of the Bangko Sentral ng Pilipinas.
Read more →Government urged to include hybrid cars in new TNVS slots
Toyota Motor Philippines Corp. is urging the government to reconsider its rule on the new Transport Network Vehicle Service slots to include hybrid electric vehicles and gas-powered cars.
Read more →IT-BPM industry confident of hitting $42 billion revenue target
The Information Technology and Business Process Association of the Philippines expects to attain its $42-billion revenue target this year, driven by growing interest among companies in establishing global capability centers in the country.
Read more →KKR exits First Gen via P25.8 billion share sale
Global investment giant Kohlberg Kravis Roberts & Co. has divested its entire stake in Lopez-led First Gen Corp. for P25.77 billion, just weeks after its bid to raise its ownership in the power firm was rejected.
Read more →Landbank feted for clean energy financing
State-run Land Bank of the Philippines has earned international recognition for advancing the Philippines’ energy security and clean energy transition, receiving the Karlsruhe Sustainable Finance Award for Outstanding Sustainable Project Financing.
Read more →Movem puts up EV charging hub at Festival Mall
Movem Electric Inc., the sustainable mobility arm of Manila Electric Co., has teamed up with the Filinvest Group to set up an electric vehicle charging facility at Festival Mall in Muntinlupa.
Read more →PayMongo strengthens payment reliability
PayMongo continues to strengthen payment reliability to help businesses avoid lost sales and transaction disruptions, resolving 75 percent of system incidents before they affect merchants.
Read more →Philip Morris’ global services hub expands Makati facility
Philip Morris International global business services hub has expanded its facility in Makati to deliver higher-value services.
Read more →PPP Center, Cebu team up to develop project pipeline
The Public Private Partnership Center and the Cebu provincial government have teamed up to develop a pipeline of projects to be implemented as PPPs.
Read more →RCBC wins awards for cash management, supply chain finance
Rizal Commercial Banking Corp. bagged two awards at The Asian Banker Global Transaction Finance Awards 2026, reinforcing its position as one of the Philippines’ leading banks for corporate financial services.
Read more →Security Bank sees new role for branches
When Victor Lee took over as president and chief executive officer of Security Bank Corp. in January, one thing about Philippine banking puzzled him: why were banks still opening branches when more customers were increasingly doing transactions through their phones?
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