Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1489 articles from PhilStar Business
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?
Read more →Serious allegations
The Ombudsman’s P10.44-billion plunder and graft investigation against Sen. Loren Legarda and her son, Batangas Rep. Leandro Leviste, involving underdelivered solar energy projects is underway.
Read more →The three stages nobody warned you about
The moment I received one of those long, italicized “share as received” forwarded messages from Kat, my friend of many years, it actually stopped me in my tracks instead of getting scrolled past.
Read more →‘Unemployment may ease in H2’
The government expects unemployment to ease in the second half as overall economic activity improves and infrastructure spending picks up, according to the Department of Economy, Planning and Development.
Read more →Water use efficiency worsens in 2025
The country’s overall water use efficiency declined in 2025, representing a 4.3-percent drop, according to data from the Philippine Statistics Authority.
Read more →Possible EV link in June Aster fire prompts ferry bans, safety review
Shipping firms impose restrictions as the June Aster fire investigation continues.
Read more →ED Council OKs changes to railway, airport projects
The Economy and Development (ED) Council, chaired by President Marcos, approved changes to the North-South Commuter Railway’s (NSCR) operations and maintenance and the Mactan-Cebu International Airport (MCIA) public-private partnership (PPP) projects.
Read more →From no plan to IPO-ready: Aznar Shipping prepares to sail rough seas
Aznar Shipping Corp. president and CEO Kyle Alexander Aznar said in June that the company had no immediate plan to go public yet, although he emphasized that it aimed to be IPO-ready.
Read more →GenAI spending in Asia-Pacific seen reaching $555 billion in 2030
Asia and the Pacific, including the Philippines, is on track to increase spending on generative artificial intelligence (AI) to over $555 billion by 2030, led by software and information services.
Read more →GOCC subsidies slump over 30 percent in July
Government subsidies to state-owned corporations fell by 30.5 percent in July, largely reflecting lower support for the National Irrigation Administration (NIA) and the Philippine Reclamation Authority (PRA).
Read more →Government urged: Strip TRB power to extend tollways
Infrastructure and transport advocates have urged government to strip the Toll Regulatory Board (TRB) of its power to issue tollway extensions, saying its authority should be limited to regulating toll rates.
Read more →Gov’t urged to stem ICT talent exodus
Filipino information and communication technology talents are opting to work for private firms, if not for foreign employers, leaving the government short of ICT specialists.
Read more →Investing in the future
With several Philippine companies still pursuing plans for their respective initial public offerings (IPOs), one can’t help but wonder what they are seeing that many of us do not?
Read more →Malaysia’s Petronas ready to supply LNG to Philippines
As the Philippines grapples with the twin pressures of the raging Middle East war and persistent power supply constraints, additional support may lie just across the sea – in neighboring Malaysia.
Read more →Mastercard launches Wallet Pay to expand digital wallet reach
Mastercard has launched a new suite of payment services to help digital wallets expand across borders and connect to more merchants, with GCash among the participating providers through its partnership with Alipay+.
Read more →Maxicare rebrands life insurance unit
Maxicare Group has rebranded MaxiLife as Maxicare Insurance as it moves to integrate its insurance business with its broader health care operations.
Read more →MoneyHero revenue falls 43 percent in Q2
MoneyHero Group’s Philippine revenue fell by nearly 43 percent in the second quarter despite an expanding member base, as the operator of financial comparison platform Moneymax reported lower business volumes.
Read more →NDC welcomes new general manager
The National Development Co. (NDC) has welcomed Robert James Samson as its new general manager.
Read more →NGA 911 recognized for bringing emergency response system to Philippines
California-based public safety technology company Next Generation Advanced 911 (NGA 911) has been awarded the Community Impact and Service Award by the International Asian American Business Expo (IAABE) in California for bringing a world-class emergency response system to the Philippines.
Read more →Opportunity and opportunism
There is a word that gets used constantly in the business world, celebrated in keynotes, printed on motivational posters and cited as the defining quality of every great entrepreneur.
Read more →Philippines, Canada on track to conclude FTA talks this year
The Philippines remains on track to conclude negotiations for a free trade agreement (FTA) with Canada this year.
Read more →Philippines chicken imports seen rising next year
The Philippines is expected to import more chicken meat next year due to higher demand from the manufacturing and food service sectors, according to the US Department of Agriculture (USDA).
Read more →PSE approves GCash parent firm’s market debut
The Philippine Stock Exchange Inc. (PSE) has given the green light to the initial public offering (IPO) application of Mynt Inc., the parent company of e-wallet giant GCash.
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