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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

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PhilStar Business

Cebu shipping firm files P737 million IPO

Cebu-based shipper Aznar Shipping Corp. has filed an initial public offering (IPO) of its stocks to raise up to P737 million from the public, selling a growth story focused on Visayas trade and tourism.

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PhilStar Business

‘Coal demand likely to keep steady pace’

Coal demand is expected to remain stable this year as the ongoing energy emergency keeps coal-fired power plants vital to meeting the country’s electricity needs.

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PhilStar Business

DOE failure

Pity Energy Secretary Sharon Garin. She is from Iloilo and like the rest of Visayas, Iloilo has been suffering from power failures reminiscent of the great blackouts of the Cory era. And Secretary Garin seems unable to offer hope.

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PhilStar Business

Don’t bet against the house

Last month, US support for the Japanese yen was described as “a signal of friendship.

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PhilStar Business

Foreign debt climbs 5 percent to $154.9 billion in Q2

The country’s outstanding external debt rose to $154.93 billion in end-June, driven mainly by fresh borrowings of the national government and private domestic banks, although the Bangko Sentral ng Pilipinas (BSP) said the country’s foreign debt position remained manageable.

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PhilStar Business

Forex gains double BSP profit to P53.8 billion

The Bangko Sentral ng Pilipinas (BSP) more than doubled its profit to P53.8 billion in the first two months of 2026 as higher foreign exchange gains and lower expenses offset a decline in revenues.

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PhilStar Business

Government suspends shipments of raw ube

The Department of Agriculture (DA) has suspended the exportation of fresh ube or purple yam, a move expected to protect the country’s much-needed planting materials.

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PhilStar Business

More economic pain coming

It has already been six months and counting, and worse — the US-Iran conflict appears to be escalating.

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PhilStar Business

PEZA eyes to beat P300 billion investment target this year

The Philippine Economic Zone Authority (PEZA) expects to surpass its P300-billion investment approvals target for the year, citing a robust pipeline.

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PhilStar Business

Philippines to import higher percentage broken rice amid global uptick

The Philippines may face stiffer competition for broken rice imports, as higher demand from China and other importers are causing global supply to tighten.

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PhilStar Business

Ukraine bets on Philippines ube, other exports

The air-raid sirens wail five or six times a day in Ukraine, sending Ukrainians to bomb shelters.

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PhilStar Business

US Fed, peso at play for PSEi

Investors will likely tread the week on a cautious note as they expect the US Federal Reserve to hike interest rates that would be detrimental to Asian markets, analysts said.

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PhilStar Business

US firm expands hunt for native hydrogen in Philippines

US-based Koloma Inc. wants to expand its search for native hydrogen resources beyond Zambales and Pangasinan, this time proposing to explore offshore Palawan.

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PhilStar Business

Villar firm denied Iloilo airport proposal, gov’t seeks other bids

The government has denied the Villar Group its first airport project and would instead accept offers from other proponents in line with its direction to privatize the country’s gateways.

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PhilStar Business

As Taiwan agri expo hits Manila this week

Taiwanese firms will showcase smart farming technologies including agricultural robots and livestock systems that could help modernize and boost farm productivity in a trade show in Manila this week.

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PhilStar Business

ASEAN oil stockpile plan gains traction

A regional study on the joint stockpiling of oil within the Association of Southeast Asian Nations could be completed by November, Trade Secretary Cristina Roque said.

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PhilStar Business

Banks’ cooperation sought in review of dirty money rules

The Bangko Sentral ng Pilipinas has called on banks and other supervised financial institutions to support preparations for the Philippines’ 2027 anti-money laundering review by providing information to help demonstrate that safeguards against illicit funds are working.

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PhilStar Business

China’s smart farming technology under study

The Department of Agriculture is studying China’s smart farming technologies as the Philippines looks for ways to modernize production, improve farm productivity and leapfrog technological gaps.

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PhilStar Business

DICT urged to collect P3.9 billion dues from telcos

The Department of Information and Communications Technology needs to collect P3.9 billion in charges, dues and penalties from telcos to help support government programs.

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PhilStar Business

No longer the same NAIA

In just a little less than two years since the San Miguel Corp. led consortium took over the maintenance and operations of the Ninoy Aquino International Airport, we can safely say that our country’s premier gateway is on its way to becoming a world-class airport, something that was unthinkable before.

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PhilStar Business

Philippines agri-startups want a taste of Taiwan market

Ten local agri-startups and micro-agripreneurs are pushing to gain a footing in the Taiwanese market and expand international buyers and investors for their products and technologies, the Department of Agriculture said.

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PhilStar Business

Philippines aims to conclude Oman, Singapore tax talks this year

The Philippines is looking to conclude negotiations for double taxation agreements with several countries this year, including Singapore and Oman, the Department of Finance said.

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PhilStar Business

SM Offices, Visa ink expansion lease

SM Offices, the commercial leasing arm of SM Prime Holdings Inc., is supporting global digital payments giant Visa Inc. as it expands its Philippine operations.

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PhilStar Business

The futility of ‘if only’

Two simple words in English, “if only,” might seem harmless at first, but they can quietly keep us from growing and moving forward.

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