Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
9270 articles across all sources
BOC’s Nepomuceno caps first year with revenue gains
Bureau of Customs Commissioner Ariel Nepomuceno capped his first year in office with stronger revenue collections despite the Middle East crisis, while intensifying enforcement and pursuing reforms to rebuild public trust.
Read more →Gaming hits snag, slumps further in Q2
The Philippine gaming industry remained under pressure in the second quarter of 2026 as the Middle East crisis kept tourists and high rollers away, dampening spending among e-games players as well.
Read more →Government sells idle Atrium property in Makati for P1 billion
The Marcos administration has sealed the P1-billion sale of Atrium of Makati to Sanpiro Realty Development Corp., one of the four idle assets lined up for disposal in 2026 as the government accelerates efforts to raise privatization revenues.
Read more →If First Gen loses EDC, what’s left for Piki Lopez?
First Gen Corp. has defied odds and stayed resilient even after losing control of its natural gas business. But if another crown jewel slips away, billionaire Federico “Piki” Lopez may have to rewrite the group’s clean energy story.
Read more →Middle class tax burden
My two US-based daughters made a side trip to Da Nang in Vietnam two weeks ago in the course of a balikbayan visit here.
Read more →More Aramco-branded gas stations set to open in Philippines
After unveiling its first branded gasoline station in Parañaque, global oil behemoth Saudi Aramco has mapped its expansion to three more sites across Luzon.
Read more →More digital payment channels soon available at 7-Eleven stores
Philippine Seven Corp., the local licensee of convenience store giant 7-Eleven, plans to expand its in-store digital payment methods.
Read more →NFA: Palay buying price to increase to P21/kilo
The National Food Authority will hike the buying price for palay or unmilled rice during the incoming rice harvest season in September, Department of Agriculture Secretary Francisco Tiu Laurel Jr. said.
Read more →PDIC to bring services to eGovPH app
The Philippine Deposit Insurance Corp. plans to make its services available through the government’s eGovPH mobile application, potentially expanding its digital reach to nearly 60 million registered users.
Read more →Philippines-founded BPO lists on Canadian stock exchange
Asiatel Outsourcing Inc. made its debut on the TSX Venture Exchange on July 14, making it the first Philippine-founded outsourcing firm to list on the Canadian exchange.
Read more →SEC cites accomplishments
Securities and Exchange Commission chairman Francis Lim, who was appointed on June 3, 2025, has been hard at work in the 13 months that he has been in office, effecting several welcome changes and shaking up the status quo that has ruffled the feathers of some corporate personalities.
Read more →SM turns Xiamen complex into lifestyle destination
SM Prime Holdings Inc. is expanding its portfolio in Xiamen City amid China’s tourism push.
Read more →World Bank lending program for Philippines intact despite UMIC upgrade
The country’s recent ascent to upper-middle income country status will not affect the World Bank’s lending program for the Philippines.
Read more →Aurora ecozone to tap PPP Center for seaport, airport feasibility studies
THE Aurora Pacific Economic Zone and Freeport Authority (APECO) is tapping the Public-Private Partnership (PPP) Center to fund feasibility studies for four priority projects that will support its Casiguran economic zone (ecozone). Gene Angelo P. Ferrer, officer-in-charge at APECO’s Business Development and Marketing Division, said the PPP Center’s Project Development and Monitoring Facility (PDMF) will […]
Read more →Asiatel Outsourcing to expand PHL workforce
ASIATEL OUTSOURCING, INC., is looking to add up to 250 seats in its Manila operations in the next two years to support global demand. “One of the things that we want to have is build satellite offices around Metro Manila,” Asiatel Outsourcing Chief Executive Officer Jasjit Singh Anand said at a briefing on Thursday. “We […]
Read more →Marcos assures potential investors of PHL resilience
PRESIDENT Ferdinand R. Marcos, Jr. told regional business leaders in Singapore that the Philippine economy remains resilient despite global trade and geopolitical challenges, the Palace said on Thursday. Speaking at a roundtable discussion during his working visit hosted by the Milken Institute at the Philippine Embassy in Singapore, Mr. Marcos presented the Philippines as an […]
Read more →World Bank: Lending unaffected by PHL elevation to UMIC status
THE World Bank said the Philippines’ recent reclassification as an upper-middle income economy will not affect its lending program or broader engagement with the Philippines, reaffirming its commitment to support education, job creation and climate resilience through 2031. Zafer Mustafaoğlu, World Bank Division director for the Philippines, Malaysia and Brunei, said the bank’s engagement and […]
Read more →Singapore firm’s AC Health tie-up expected to support 10,000 jobs
AYALA HEALTHCARE Holdings, Inc.’s (AC Health) partnership with Singapore’s ABC Impact is expected to create 10,000 jobs in healthcare and retail by 2027, the Department of Trade and Industry (DTI) said. In a statement on Thursday, the DTI said ABC Impact’s investment in AC Health will expand the latter’s footprint in hospitals, multi-specialty clinics, and […]
Read more →BSP says IIF award boosts investor confidence
THE Bangko Sentral ng Pilipinas (BSP) said the Philippines’ top ranking in a transparency report on emerging markets boosts its credibility in global financial markets. The Philippines regained the top spot in the Institute of International Finance’s (IIF) investor relations ranking for 2026, outperforming 56 other emerging and developing economies worldwide. “The BSP welcomes this […]
Read more →Philippines underinvesting in ICT infrastructure, economist says
THE Philippines needs to increase investment in information and communications technology (ICT) infrastructure to unlock productivity gains and improve internet connectivity, an economist said. “In this era of digitalization, the ICT industry plays a crucial role in accelerating economic growth,” De La Salle University Economist Tereso S. Tullao, Jr. said at a policy symposium on […]
Read more →Palay production costs drop 7.7% in 2025
THE AVERAGE COST to produce palay (unmilled rice) fell 7.7% in 2025 to P55,097 per hectare, the Philippine Statistics Authority (PSA) reported. The PSA estimated the irrigated palay production costs at P58,747 per hectare, down from P63,815 a year earlier. Non-irrigated palay costs declined to P47,538 per hectare from P51,128. On a per kilogram basis, […]
Read more →NFA to raise palay buying price to P21 per kilo
THE National Food Authority (NFA) will raise its minimum buying price for palay (unmilled rice) to P21 per kilogram from P17 previously once the harvest begins in September, Agriculture Secretary Francisco P. Tiu Laurel, Jr. said. Mr. Laurel, who chairs the NFA Council, said in a statement that the increase will help farmers deal with […]
Read more →Successful completion by Ascencio of a new bond issue
Ascencio announces the success of a bond offering totalling €32.9 million placed with institutional investors. This new financing, which begins today and is being conducted as a private placement, consists of the following two tranches: €13.9 million for a fixed term of 4 years;€19.0 million for a fixed term of 5 years. Issued at par, it has an average maturity of 4.6 years and carries a weighted average annual coupon rate of 4.80%. This bond offering is part of the financing structure for the r
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