Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1264 articles from PhilStar Business
Fruitas sees sustained growth as portfolio diversifies
Fruitas Holdings Inc., led by businessman Lester Yu, expects to sustain long-term growth, driven by the continued expansion of its store network and its diversified portfolio.
Read more →Government to allow 250K MT fish imports by October
The Department of Agriculture is looking to allow the entry of 250,000 metric tons of imported fish by October or November, deferring the move initially set in August, due to stable domestic supply.
Read more →GSIS increases stake in Megawide to 9.5 %
The Government Service Insurance System (GSIS) has raised its stake in Megawide Construction Corp., becoming one of the major local institutional investors in the listed engineering and infrastructure company.
Read more →Indian conglomerate acquires Philippines personal care firm S Brands
The fast-moving consumer goods arm of Indian conglomerate Wipro Enterprises is acquiring Philippine personal care company S Brands Consumer Care Inc. to strengthen its presence in Asia.
Read more →‘Inflation shocks test BSP policy directions’
“Should these shocks intensify or prove more prolonged than currently anticipated, the return of inflation to the BSP’s target range could be pushed even further into the future.”
Read more →Meralco eyes Albay expansion
Tycoon Manuel V. Pangilinan’s Manila Electric Co. is exploring a potential expansion into Albay, a move that could extend its reach beyond Metro Manila and nearby provinces.
Read more →New PSE trading engine goes live by November
he Philippine Stock Exchange new trading engine is set to go live by November as part of a broader effort to modernize and improve the local stock market.
Read more →PAL on jet-buying spree, orders more A350-1000s
Flag carrier Philippine Airlines is placing aircraft orders one after the other, setting out to buy another nine of its flagship A350-1000 from aerospace giant Airbus.
Read more →PSEi tumbles anew, peso retests record low
The local stock market saw sustained profit-taking activities from investors, while the peso matched its record low after closing at 61.75 against the dollar amid escalating tensions between the United States and Iran.
Read more →Safer streets, brighter futures
The Philippine National Police recently reported a 20.6-percent decline in the country’s crime rate for the second quarter of 2026 – an encouraging development that reflects the hard work of law enforcement agencies and their partners in maintaining peace and order.
Read more →SONA 2022 to 2025 on PhilHealth
On Monday, July 27, President Marcos will deliver his fifth State of the Nation Address in front of the members of the Senate, House of Representatives, executive and judiciary branches, diplomatic community, other guests and the public.
Read more →SwiftPay brings real-time fraud decisioning to Philippines
Financial scams are still a persistent threat in the Philippines as more than 60 percent of Filipino adults are targeted by financial scams each year.
Read more →Cebu Pacific, Vietnam Airlines sign wet lease deal
The agreement covers the deployment of one Airbus A320neo aircraft powered by Pratt & Whitney engines.
Read more →78% of Filipino workers use AI at work but few receive training — study
Filipino workers use AI at work but lack role-specific training.
Read more →Telco backs stance on regulating instead of banning social media for children
As legislators and various groups continue discussions on calls to prohibit children below 16 years old from accessing social media, one of the country’s major telecommunications firms reaffirmed its firm advocacy for a balanced approach to online child safety.
Read more →No suspension of Metro Manila minimum wage hike, says Palace
The first P60 tranche is set to take effect on July 25.
Read more →A Brown seals P2.3 billion wind investment in Alternergy
Property developer A Brown Co. Inc. has completed its P2.3-billion investment in two wind power projects of Alternergy Holdings Corp.
Read more →BDO funds Cebu Pacific’s new aircraft purchases
BDO Unibank Inc. is providing financing to Cebu Pacific for the acquisition of two more Airbus A320neo aircraft to its fleet as the budget carrier expands capacity to meet growing demand for domestic and regional travel.
Read more →BFAR to enforce stricter fishing rules for blue crab
The Bureau of Fisheries and Aquatic Resources will implement stricter rules on the harvesting of blue swimming crab to enable the country to resume its exports to the United States.
Read more →BOP surplus widens to $3.4 billion in June
The Philippines posted a balance of payments surplus amounting to $3.4 billion in June, the largest in nearly two years, as government foreign borrowing and lower global oil prices helped strengthen the country’s external position.
Read more →BSP tightens controls over casino junkets
The Bangko Sentral ng Pilipinas has called on banks and other supervised financial institutions to tighten controls over casino junket operators after a review found that cash, checks, shell companies and layered transactions continued to make illicit fund flows difficult to detect.
Read more →Construction permits down 12% in May
Construction projects in the country based on approved building permits declined both in number and value in May from a year ago, according to the Philippine Statistics Authority.
Read more →DOE vows better power sector by 2028
The Philippines, which now has the highest electricity rates in Southeast Asia, could see a brighter power outlook before President Marcos ends his term in 2028.
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