Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1263 articles from PhilStar Business
PAL adds new Airbus jet for North America flights
Flag carrier Philippine Airlines yesterday landed the third of its nine Airbus A350-1000s, expanding its widebody fleet to support long-range flights to Canada and the US.
Read more →Philippines drives satellite growth in Asia-Pacific
The Philippines is poised to become the next big market for direct-to-device service in Asia-Pacific, with telco-to-tech giant Globe Telecom Inc. benefitting from it for being the first in the segment.
Read more →‘Slim chance’ of huge BSP rate hike lifts stocks
The local stock market bounced back as investor sentiment got a boost from the Bangko Sentral ng Pilipinas indication that there is only a small chance of it going aggressive on its policy tightening.
Read more →SONA 2026 on energy
Among the notable pronouncements of President Marcos in his State of the Nation Address 2026 last Monday related to energy are the following: (1) removal of system loss (SL) charge via EPIRA amendment, (2) power generation expansion by up to 10,000 megawatts from 200 mostly renewables projects (3) indigenous oil-gas development and (4) affirmation of nuclear energy.
Read more →Tim Ho Wan doubling store count in Taiwan
Jollibee Group’s Tim Ho Wan is rolling out an aggressive four-year growth plan that will see its store network double in Taiwan.
Read more →UA&P: GDP growth likely at 2.5% in Q2
Philippine economic growth likely slowed in the second quarter compared to the previous quarter due to inflation risks stemming from the recent wage hike, unfavorable weather conditions and renewed tensions in the Middle East, according to the University of Asia and the Pacific.
Read more →Vena Energy gets P19 billion loan for Pangasinan solar farm
Singapore’s Vena Energy has secured $310 million (about P19 billion) in financing from eight foreign lenders to advance its large-scale solar project in Pangasinan.
Read more →Yuchengcos, Zobels tap Lopez company for geothermal power exploration
Maibarara Geothermal Inc. has tapped Lopez-led ThermaPrime Drilling Corp. to explore untapped geothermal resources across Batangas and Laguna.
Read more →ASEAN digital economy must be inclusive, business leaders say
ASEAN Business Advisory Council Philippines Chair Jose Ma. Concepcion III called for a more inclusive and borderless ASEAN digital economy.
Read more →Palace tells power firms to curb theft amid Marcos' bid to lower bills
Responds to pushback from utility companies, Malacañang says cut losses before passing on costs to consumers.
Read more →Samaral aquaculture boost eyed to broaden fisherfolk livelihood options
The Department of Agriculture – Bureau of Fisheries and Aquatic Resources (DA-BFAR) is promoting the culture of siganids, or rabbitfish (Siganus spp.), locally known as samaral, as part of its efforts to diversify Philippine aquaculture and create more livelihood opportunities for Filipino fisherfolk and fish farmers.
Read more →BDO raises P132 billion from sustainability bonds
BDO Unibank Inc. raised P132 billion from its sixth peso-denominated ASEAN Sustainability Bonds issuance, exceeding its original target by more than 26 times as investors continued to show strong appetite for sustainable debt instruments.
Read more →BSP sees slim chance of 50-bp rate increase
The Bangko Sentral ng Pilipinas is keeping the door open to a more aggressive 50-basis-point (bp) interest rate hike next month as policymakers assess a growing list of inflation risks, although BSP Governor Eli Remolona Jr. said such a move remains unlikely for now.
Read more →Impeachment
The impeachment trial of Vice President Sara Duterte is important for our democratic system. It allows us to make officials accountable, particularly in the handling of public funds and keeping the public trust overall.
Read more →Marcos ends Metro Manila IT ecozone freeze
President Marcos has lifted the moratorium on applications for setting up information technology ecozones in Metro Manila, to attract more investments and strengthen the area’s position as a leading information and communications technology hub.
Read more →Motorcycle sales rise 4% in H1
Motorcycle sales in the country rose by four percent in the first half from a year ago, reflecting sustained demand from Filipinos for their mobility needs.
Read more →SRA steps up fight vs sugarcane pests
The Sugar Regulatory Administration has strengthened its fight against the red-striped soft scale insect in sugarcane farms, through the expanded use of chemical spraying drones and financial aid.
Read more →Stocks slip on last-minute profit taking
The local stock market slipped into red territory on last-minute selling yesterday, as investors stayed cautious given lingering geopolitical risks.
Read more →Taking the bull by the horns
President Marcos took the bull by the horns on Monday by addressing key issues in his fifth State of the Nation Address that two separate surveys showed the public wanted the beleaguered administration to tackle.
Read more →URC named among Philippines top employer brands
Gokongwei-led food and beverage company Universal Robina Corp. has been named among the top employer brands in the country, underscoring its continuing efforts to build a workplace where employees are empowered to grow, lead and contribute to the business’ long-term success.
Read more →Who will end up paying for system losses?
President Marcos earned a standing ovation during his fifth State of the Nation Address on Monday after calling for the removal of system loss charges from electricity bills.
Read more →Garin on electric bills: Marcos-ordered VAT cut limited to systems loss
Which VAT on power President Marcos Jr. was referring to?
Read more →After Marcos' SONA, Meralco urges caution on system loss reforms
Meralco warns power reform must not weaken opeations and grid investment.
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