Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1860 articles from BusinessWorld
Semiconductor exports could reach up to $54B this year — SEIPI
PHILIPPINE EXPORTS of semiconductor and electronic products could reach a new high of $54 billion this year amid surging demand for tech components needed to support artificial intelligence (AI) adoption and data centers, an industry group said.
Read more →NG debt service bill increases to P77.2 billion in June
THE NATIONAL Government’s (NG) debt service bill jumped in June on higher interest and amortization payments, the Bureau of the Treasury said.
Read more →Meralco to refund P0.59/kWh this month
MANILA ELECTRIC CO. (Meralco) will refund residential customers at a rate of P0.59 per kilowatt-hour (kWh) in their August electricity bills following approval by the Energy Regulatory Commission (ERC). The refund is part of a P9.5-billion amount approved by the regulator after Meralco over-recovered distribution charges due to delays in the rate-setting process. “We expect […]
Read more →T-bill, bond rates may go down
TREASURY BILLS (T-bills) and Treasury bonds (T-bonds) to be offered this week may fetch mostly lower yields as softer-than-expected Philippine economic data reduced the odds of more aggressive tightening by the central bank. The Bureau of the Treasury (BTr) will auction off up to P60 billion in T-bills on Monday, or P20-25 billion in 91-day […]
Read more →PAL expects up to five more aircraft this year
FLAG CARRIER Philippine Airlines (PAL) expects to receive up to five more aircraft this year to further expand its fleet as the company looks at strengthening its existing services amid higher fuel costs. “Well, we have an additional A350-1000 coming in August. Hopefully, based on the plan, we will receive two more additional this year, […]
Read more →SM seeks retail edge through service, convenience amid e-commerce competition
THE SM GROUP is banking on product assortment, customer service and convenience to attract shoppers as low-cost e-commerce platforms intensify competition, its executives said. Consumers increasingly expect convenience, engaging experiences, sustainability and authenticity but remain sensitive to prices, SM Investments Corp. Vice-Chairperson Teresita T. Sy-Coson said. “They want all of them, but they don’t want […]
Read more →Bank consumer complaints rise amid tighter regulations
THE BANGKO SENTRAL ng Pilipinas (BSP) saw financial consumer complaints rise by over 70% in 2025 as tighter rules on customer protection against fraud and scams following the enactment of relevant laws were put in place. In a report, the central bank said it logged more than 120,000 new consumer complaints last year, 72.6% higher […]
Read more →Green innovators shine at first SSX pitching contest
A dynamic group of food and non-food innovators emerged as finalists in “Future Proof: The Green Innovation Pitch,” the first-ever startup pitching competition under the Sustainability Solutions Exchange (SSX) at the recently concluded IFEX Philippines 2026. The following startup leaders delivered pitches at the contest’s semifinal stage: Arlyn Jubilee Kalsim of GNS Enterprises, a startup […]
Read more →Cetaphil pushes ceramides
THE focus of the opening day of the National Healthy Skin Mission — a project of SM Beauty, Watsons, and Cetaphil (the skincare brand of Swiss pharmaceuticals company Galderma) at SM Makati on Aug. 7 — was the role of ceramides in skin care. Speaking at the Cetaphil Skin Mission booth set up at the […]
Read more →Peso may rebound after weak US payrolls report
THE PESO may rise against the dollar this week following weak US labor data and as the market continues to monitor developments in the Middle East. On Friday, the currency declined by 8.5 centavos to close at P60.90 versus the greenback from P60.815 on Thursday, Bankers Association of the Philippines (BAP) data showed. Still, week […]
Read more →Meralco shares rise amid refund, cost recovery rulings
SHARES of Manila Electric Co. (Meralco) rose last week and outperformed the broader market as analysts said the company could absorb a customer refund without materially affecting its earnings or dividend payout. Meralco ranked third in value turnover on the Philippine Stock Exchange (PSE), with P835.69 million worth of 1.37 million shares changing hands in […]
Read more →Heritage and the here and now
AMID THE cacophony of new brands coming into the country — all eager to carve a niche for themselves in our robust auto market — Toyota has been calmly, steadily doing its own thing for decades.
Read more →System losses and market discipline: Reforming loss recovery, utility accountability, and Philippine power market design
SYSTEM LOSSES in the Philippine power sector are not merely a billing issue; they are a test of whether regulation disciplines inefficient operators or allows the cost of weak governance, theft, and operational neglect to be passed on to consumers.
Read more →Women execs cite integrity, people-centered leadership as keys to long-term growth
COMPANIES seeking long-term growth must cultivate leaders who act with integrity, remain close to their employees and adapt their management approach to local cultures, women executives said at the National Retail Conference and Expo last week. Robinsons Land Corp. President Maria Socorro Isabelle V. Aragon-GoBio said young professionals should develop depth in their roles to […]
Read more →BPI reconsiders timing of blue bond issue
BANK of the Philippine Islands (BPI) is still deciding on the timing of a blue bond issuance it earlier planned to do this year as market conditions remain volatile. “We’re open, but no firm schedule at this time. It’s probably more likely next year than this, but that’s not a firm decision yet,” BPI Chief […]
Read more →Double flex
BYD CARS PHILIPPINES again grew its portfolio of electrified offerings with the recent unveiling of a duo of affordably priced options: the all-new BYD Atto 2 SUV and the new BYD Seal 5 DM-i sedan.
Read more →The next skincare revolution could start with your immune system
MOISTURIZERS, sunscreens, and anti-aging creams are usually sold on familiar promises: to keep water in the skin, strengthen its protective barrier, protect against sun damage, or reduce visible signs of aging. These functions remain central to healthy skin.
Read more →Nanay’s POV of the Philippine economy
So even in the context of the two recent developments of a minimum wage hike in National Capital Region (NCR) and our new status as an upper-middle income country, I again think of our “nanay” (mother) clients like Mary Grace and Nanay Laarni and I find myself doing the same math they are probably doing every day.
Read more →URC opens P2.75-B manufacturing plant in Batangas
THE Philippine Economic Zone Authority (PEZA) said Gokongwei-led Universal Robina Corp. (URC) has opened a P2.75-billion manufacturing facility in Malvar, Batangas as it seeks to further expand its export-oriented operations while supporting domestic demand. In a social media post last week, PEZA said URC’s megaplant was inaugurated on July 31, aligning with the food and […]
Read more →Mixed data, Mideast news to keep market wary
PHILIPPINE SHARES may move sideways this week as investors stay cautious amid lingering geopolitical tensions and mixed domestic economic data, with slower-than-expected growth clouding the outlook. On Friday, the Philippine Stock Exchange index (PSEi) rose by 0.2% or 12.40 points to close at 6,290.35, while the broader all shares index went up by 0.15% or […]
Read more →PHL seen retaining UMIC status despite economic slowdown
THE PHILIPPINES is unlikely to lose its newly attained upper-middle income country (UMIC) status despite the sharp economic slowdown in the first half, the Department of Economy, Planning, and Development said.
Read more →Luisita interchange expansion due to break ground this week
THE Bases Conversion and Development Authority (BCDA) said it is set to break ground for the expansion of the Luisita interchange in Tarlac City this week, with operations expected in nine months. “We will complete the entire interchange,” BCDA President and Chief Executive Officer Joshua M. Bingcang told reporters on the sidelines of a briefing […]
Read more →DoF sees 10% of GOCCs at risk of abolition
THE Department of Finance (DoF) said non-performing government-owned and -controlled corporations (GOCCs) could be abolished to free up public resources. “As a matter of principle, GOCCs that can no longer effectively fulfill their mandate or unnecessarily drain public resources should be abolished, or their functions absorbed by another GOCC or government agency,” Finance Secretary Frederick […]
Read more →