Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
9059 articles across all sources
PSEi may hit 7,500 by yearend
COL FINANCIAL Group, Inc. said the bellwether Philippine Stock Exchange index (PSEi) could reach 7,500 by yearend if the market’s price-to-earnings (P/E) ratio expands to about 12 times from around nine times currently, reflecting stronger investor confidence.
Read more →A Brown closes P2.3-B Alternergy wind deal
A BROWN Company, Inc. has completed its P2.3-billion investment in two wind farm projects of Alternergy Holdings Corp. in Rizal and Quezon, acquiring a 40% equity stake in each project. In a statement on Monday, Alternergy said the two-phase transaction was completed ahead of the agreed schedule after A Brown decided to complete its investment […]
Read more →Yields on short-term bills move sideways as war stokes volatility
THE GOVERNMENT made a full award of the short-term securities it offered on Monday with mixed yields as more supply was available, with the Treasury selling cash management bills (CMB) again after two weeks amid heightened market volatility due to fresh clashes in the Middle East. The Bureau of the Treasury (BTr) raised a combined […]
Read more →PHINMA Education eyes expansion in Davao, Cebu
PHINMA CORP. said its education unit is exploring expansion opportunities in Davao and Cebu as it seeks to grow its education business. “We have always had an aspiration to have a school in Davao, and we also want a school that can target the lower-income population in the Cebu area,” PHINMA Corp. Chairman and Chief […]
Read more →Peso falls as US-Iran clashes push up oil
THE PESO depreciated against the dollar on Monday to end a three-day climb as the intensifying Middle East war drove up global crude oil prices, raising fresh inflation risks. The currency declined by 9.9 centavos to close at P61.686 per dollar from P61.587 on Friday, based on data on the Bankers Association of the Philippines’ […]
Read more →CTA voids P212.48-million BIR tax assessment vs San Roque Power
THE Court of Tax Appeals (CTA) has canceled the Bureau of Internal Revenue’s (BIR) P212.48-million deficiency tax assessment against San Roque Power Corp., ruling that its ancillary service revenues were subject to the zero-percent value-added tax (VAT) rate and that payments to a Japanese contractor for services performed abroad were not subject to Philippine withholding […]
Read more →Banks’ cash withdrawals from BSP post slower growth on weak demand
TIGHTER ECONOMIC CONDITIONS dampened demand for cash last year, with the growth of banknote and coin withdrawals slowing sharply, data from the Bangko Sentral ng Pilipinas (BSP) showed. The BSP’s 2025 Annual Report showed that banks’ withdrawals of banknotes from the central bank rose by 6.2% to P1.568 trillion in terms of value last year […]
Read more →PAGCOR tightens shutdown rules for gaming system administrators
THE PHILIPPINE Amusement and Gaming Corp. (PAGCOR) has tightened post-shutdown requirements for gaming system administrators (GSAs), requiring them to remain liable for unsettled player funds even after their platforms are deactivated. In a memorandum dated July 13, PAGCOR said GSAs must complete applicable post-operational activities within 90 days from the issuance of a notice approving […]
Read more →Owning what we create: IP as the creative economy’s most underused asset
Early in my career, I learned that the most valuable thing a company owns rarely appears on its balance sheet. It is not the office or the equipment. It is the idea, the brand, the method, the story, the things competitors cannot copy and clients cannot get anywhere else. (It is also, to the quiet […]
Read more →Technogym showcases smart sports equipment at Makati pop-up
SPORTS and leisure equipment manufacturer Technogym, which also supplies the Olympics’ official fitness equipment, is showcasing its products at a pop-up in Power Plant Mall in Makati City. Established in 1983, the Italian brand prides itself in being “designed for modern living.” It has been in the Philippines since 2009, mainly supplying wellness and fitness […]
Read more →Fee waivers seen to spur faster increase in digital transactions
THE GROWTH of digital payments in the Philippines may return to a double-digit pace this year as lower transaction costs are expected to push more consumers to use online channels, a top Bangko Sentral ng Pilipinas (BSP) official said. BSP Deputy Governor Mamerto E. Tangonan said the share of digital payments in total retail transactions […]
Read more →Turkish food exporters seek Philippine partners
TÜRKIYE is bringing 12 food manufacturers and exporters to the Philippines this month to seek local business partners, as part of a series of industry missions planned as it works to deepen bilateral trade and eventually increase Turkish investment in the country, the Embassy of the Republic of Türkiye said. The companies will participate in […]
Read more →What real budget reform requires
If a Budgeting Code is not, by itself, the reform — and if the budget is shaped as much by politics as by rules — then the question becomes unavoidable: What does real budget reform actually require?
Read more →PEZA moratorium lift to boost Metro Manila offices — Colliers
FOR YEARS, Administrative Order No. 18 (AO 18) served as a policy gatekeeper, limiting the proclamation of new Philippine Economic Zone Authority (PEZA) zones in Metro Manila to encourage investment dispersion outside the capital. While well-intentioned, the policy also created an unintended consequence: it gradually constrained the supply of PEZA-accredited office space in the key […]
Read more →ATRAM offers global feeder funds via PERA
ATRAM Trust Corp. has made two of its global funds available to Personal Equity and Retirement Account (PERA) participants, widening their investment options. The ATRAM PERA Global Feeder Funds will give Filipino investors access to globally diversified investment opportunities within a retirement-focused framework, ATRAM said in a statement on Monday. It said it opted to […]
Read more →LANDBANK to expand rollout of ATM Protect insurance
LAND BANK of the Philippines (LANDBANK) will expand the rollout of an insurance solution in partnership with Cocogen Insurance, Inc. that aims to protect individuals from withdrawal robbery and other forms of fraud. ATM Protect was launched in September 2025 and provides affordable protection against deposit account-related risks such as forced withdrawals, card skimming, ATM […]
Read more →DBM releases 90% of 2026 national budget
The government has released 89.9 percent of the P6.793-trillion 2026 national budget as of end-June, though the pace remains slower than last year, the Department of Budget and Management said.
Read more →Manulife Investment tops UITF rankings
Manulife Investment Management and Trust Corp. has seized the top spots in the Philippine unit investment trust fund rankings after posting standout gains for its equity and fixed income funds in the first half.
Read more →MFT Group’s Mica Tan ready to come home, face charges
MFT Group of Companies CEO Maria Francesca Tan, who is being linked to a massive investment fraud, said she does not intend to evade the charges she is being accused of.
Read more →PAL seeks government OK for revival of India flights
Flag carrier Philippine Airlines has sought regulatory approval to launch direct flights between the Philippines and India.
Read more →‘Philippines portfolio outflows among heaviest in Asia’
The Philippines has suffered some of the heaviest portfolio outflows in Asia as its dependence on imported energy leaves local financial markets vulnerable to the continuing Middle East conflict, according to Moody’s Ratings.
Read more →Salary hikes projected to average 5.1% next year
The country is expected to see slightly higher salary hikes in 2027 amid competition for talent and rising costs, according to global advisory, broking and solutions firm WTW.
Read more →Stocks survive late-session profit taking
The local stock market showed resilience to kick off the week on a high note, surviving a late-session profit taking and maintaining its hold above the 6,400 level despite lingering geopolitical tensions.
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