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
Shared values
This year’s National PR Congress of the Public Relations Society of the Philippines carries the theme “Steward the story: From clout to legacy.” It is a well-intentioned theme. It is also, I would argue, a symptom.
Read more →Stocks recover on bargain hunting
The local stock market regained its winning form yesterday after dropping two straight sessions, with investors capitalizing on lower valuations.
Read more →Toyota Philippines sees slowdown in vehicle output this year
Toyota Motor Philippines Corp. expects its local vehicle production to decline this year due to soft demand.
Read more →What are IPOs’ ‘up to’?
There are several stages on the road to an initial public offering to gauge if investors are feeling up to it.
Read more →Coco Mama expands Save Our Coconuts commitment to 1,000,000 seedlings
Since launching Save Our Coconuts in 2024, Coco Mama has donated 40,000 quality seedlings to farming communities. The program’s next phase will build on that progress by combining seedling distribution with farmer training, proper planting practices and support for establishing and maintaining new trees.
Read more →De La Salle University, GCash launch first-ever fintech engineering elective to develop the next generation of tech talent
De La Salle University and GCash are partnering to strengthen tech talent development.
Read more →DOF seeks to triple sugary drinks tax
The Department of Finance said higher taxes on sugary drinks is not only a revenue collection policy, but also a health measure.
Read more →Beyond NLEX’s flood fix
The rains brought by the habagat toward the tail end of August triggered flooding that affected millions of Filipinos.
Read more →BSP move in focus as US Fed hike looms
A possible interest rate hike in the United States is putting the Bangko Sentral ng Pilipinas next move in focus, with analysts offering differing views on whether further tightening is needed and how soon it should come.
Read more →Cebu Pacific turns in surprise as air traffic grows in August
In one of the most weather-disturbed months of the year, it is normal for air travel to decline, but low-cost carrier Cebu Pacific pulled a two-percent traffic growth instead in August.
Read more →DA mulls P210/kilo floor price for hogs
The Department of Agriculture is studying a proposal to set a P210 per kilo floor price for live hogs to help raisers cope with falling farmgate prices.
Read more →Existing industrial estates to accelerate development of LEC
Existing industrial estates can help the Luzon Economic Corridor convert stronger connectivity into investment by providing companies with operating environments that are ready today, Aboitiz Economic Estates said following a visit by a US Trade and Development Agency delegation to LIMA Estate in Batangas.
Read more →Farm data monitoring goes high tech with AI, satellites
The Department of Agriculture and the Philippine Space Agency have entered into a five-year agreement to improve the country’s agricultural data.
Read more →Government courts investors to finance climate goals
The Marcos administration is seeking to attract more private capital to bankroll green projects and help accelerate the country’s progress toward its climate targets.
Read more →Lower palay harvest seen in Q3
Local palay or unmilled rice production is projected to decrease by 15 percent in the third quarter due to a drop in harvest area, according to the Philippine Statistics Authority.
Read more →Manulife Philippines names new COO
Manulife Philippines has named Erica Jurilla Santos as its new chief operations officer and member of the insurer’s executive committee.
Read more →Maynilad completes RE roadmap
West Zone concessionaire Maynilad Water Service Inc. has completed its Renewable Energy Transition Plan, setting out a long-term roadmap to increase the share of renewable energy in the company’s total electricity consumption to 35 percent by 2037 under its Climate Neutrality Plan.
Read more →More Coca-Cola imports on the way
The Coca-Cola Europacific Aboitiz Philippines has begun importing finished classic Coke products from Indonesia to augment its domestic supply and meet Filipinos’ growing demand for the popular beverage.
Read more →ProGRESS and vape regress
The Department of Finance held a “Stakeholder briefing on Promoting Growth, Revenue and Equity toward Socio-Economic Sustainability (ProGRESS) Bill” on Sept. 2 at the Land Bank Plaza Hall in Manila. I was invited and attended it. Perhaps there were 400 people in the hall.
Read more →PSEi retreating as investors prep for GCash IPO – analysts
The local stock market could further retreat over the next two weeks, with investors selling their shares to pile up capital to place on the initial public offering of e-wallet giant GCash.
Read more →PSEi slips below 6,000 on growth worries
Investors have gone on a selling spree over worries that the Philippine economy would struggle to post respectable growth in the third quarter due to currency and inflation risks.
Read more →Strategic shifts at Roar Agile Roar Agile
Communicators, the communications group behind niche online publications Power Philippines, Powered to Wellness, Agri Tayo and Ang Minero has named Ricardo “Dong” Magsajo, a former automotive journalist and auto industry executive , as its new editor-in-chief, while Abigail Ho-Torres, a veteran business journalist, takes over as host of Power Podcast, the podcast show of Power Philippines.
Read more →‘Transmission alone won’t fix Visayas power crunch’
Transmission upgrades alone will not end the recurring power shortages in the Visayas, as enough dependable generation capacity is also needed to keep up with rising electricity demand.
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