Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
9413 articles across all sources
Shop for a cause with the Zobel de Ayala sisters in Davao and Quezon City
WHILE the Designers’ Holiday Bazaar (DHB), mounted annually for more than 12 years now by Beatriz “Bea” Zobel, Jr., with her sister Sofia Zobel Elizalde, has been a fixture of the family’s Glorietta and Greenbelt malls in Makati base, this year’s edition is getting out and about with renditions in Quezon City and Davao. During […]
Read more →T-bill, bond rates may be mixed as conflict weighs
YIELDS on the Treasury bills (T-bills) and Treasury bonds (T-bonds) to be auctioned off this week may be mixed amid renewed uncertainty over the Middle East conflict and hawkish signals from the Bangko Sentral ng Pilipinas (BSP). The Bureau of the Treasury (BTr) will offer P50 billion in T-bills on Monday, or P20 billion each […]
Read more →Ongpin Tower nears sellout ahead of 2027 turnover
LUXURY residential project Ongpin Tower in Binondo has sold about 80% of its 226 residential units ahead of its scheduled turnover in the second quarter of 2027, according to developer Keen & Worth Property Developers, Inc. The 52-story residential development, which broke ground in 2022, is scheduled for completion and turnover in the second quarter […]
Read more →Agri output growth seen positive in Q2 due to strong palay prices
THE Department of Agriculture (DA) said it is confident of a solid performance by the agricultural sector in the second quarter, noting the strong prices realized by farmers for palay (unmilled rice). Citing initial reports from the Philippine Statistics Authority, Arnel V. De Mesa, DA spokesman and assistant secretary for Special Concerns and Official Development […]
Read more →BSP’s open market operations mop up P1.3 trillion in cash from financial system
THE CENTRAL BANK has mopped up over P1 trillion in excess money supply from the financial market through its monetary operations, the latest data showed. According to its Monetary Policy Report for June 2026, the Bangko Sentral ng Pilipinas’ (BSP) open market operations have absorbed a total of P1.3 trillion in liquidity from the financial […]
Read more →The Velocity Q&A: Sherwin Chua Lim (Senior Vice-President Toyota Motor Philippines Corp.)
WITH THE GENTLY rolling Visayan Sea and a blue sky with a puffy assemblage of clouds as backdrop, vehicles of Toyota and, for the first time, Lexus, are proudly displayed on the fine white-sand beach fronting Kandaya Resort in Daanbantayan, Cebu.
Read more →CTA orders BIR to refund Petron P45.39M in alkylate excise tax
THE Court of Tax Appeals (CTA) has ordered the Bureau of Internal Revenue (BIR) to refund Petron Corp. P45.39 million in excise taxes paid on its June 2019 importation of alkylate, ruling that the petroleum blending component is not subject to excise tax under the National Internal Revenue Code (NIRC). In a 12-page decision promulgated […]
Read more →From piecemeal transparency to the right to information
The Philippine Constitution strongly recognizes the people’s right to know, yet the country remains without a comprehensive Freedom of Information (FOI) or Right to Information (RTI) law. For years, advocates have argued that a comprehensive FOI/RTI law is needed to provide a consistent transparency framework across government. In a recent report, Uneven Transparency, the Right […]
Read more →Peso trade to stay volatile on geopolitical woes
THE PESO may continue to see volatility this week as markets monitor developments between the United States and Iran and political issues at home. On Friday, the currency strengthened by nine centavos to close at P61.515 per dollar from Thursday’s P61.605. Week on week, however, the peso declined by 10 centavos from its P61.415 close […]
Read more →Refillable beauty
JUST BECAUSE you’re trying to save the world doesn’t mean you can’t look good (and smell good) while doing it. And save some money in the process. At an event in the SM Store’s beauty floor last month in Makati, L’Oréal Philippines launched its #JoinTheRefillMovement refillable beauty campaign, part of a global initiative. While the […]
Read more →Auto sales: Shaken and stirred
THE NUMBERS are in, and the auto industry has reason to be hopeful. The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) released the sales results for May, and it seems that the market has bounced back from an alarming performance in April.
Read more →Globe plans to deepen fiber footprint
GLOBE TELECOM, Inc. said it plans to deepen its fiber footprint as part of efforts to sustain growth. “Our priority is to execute our plans well. We will deliver better customer experience through our digital platforms and serve products that are relevant through hyperpersonalization. While we continue to expand our 5G network, we intend to […]
Read more →Salt production hits 199,293 MT in first half
THE Bureau of Fisheries and Aquatic Resources (BFAR) said on Saturday that total production of artisanal, solar, and cooking salt hit 199,293 metric tons (MT) in the first six months, edging the industry closer to the government target of 244,000 MT by 2029, when self-sufficiency in salt is expected to hit 32%. The BFAR said […]
Read more →Gov’t debt yields climb as US, Iran trade strikes
YIELDS on government securities (GS) traded in the secondary market mostly climbed last week as renewed tensions in the Middle East heightened concerns over elevated oil prices and inflation.
Read more →Central bank bills fetch higher average yield
THE BANGKO SENTRAL ng Pilipinas’ (BSP) short-term securities were quoted at a higher average yield on Friday, even as investor demand for the papers remained high. Bids for the 28-day BSP bills reached P80.24 billion, double the P40 billion auctioned off and slightly higher than the P80.074 billion in tenders seen for a P30-billion offer […]
Read more →Ayala Group eyeing one more hospital
AC Health plans to add another hospital in its portfolio this year, as the Ayala Group’s health care arm works its way toward its goal of expanding its network to at least 10 hospitals by next year.
Read more →‘Banks shifting from OTPs to silent authentication’
Philippine banks and e-wallet providers are expected to increasingly replace text-based one-time passwords (OTPs) with silent and risk-based authentication as financial institutions strengthen safeguards against fraud.
Read more →BOI-approved investments up 21 percent in H1
Investment commitments approved by the Board of Investments (BOI) rose by more than a fifth in the first half from a year ago, reflecting investor confidence in the country’s economic fundamentals and growth prospects.
Read more →Is ERC favoring renewable energy?
“We’re not playing favorites.”
Read more →Learn from history
The BSP has recently published two books of national consequence.
Read more →Life is interesting
Many interesting things are happening right now that capture the attention of people from different walks of life.
Read more →‘Major catalysts to sustain stock rally’
The local stock market is expected to trade sideways this week, with investors waiting for major catalysts to support a continued rally.
Read more →NHMFC earns consecutive COA unmodified opinion
The National Home Mortgage Finance Corp. (NHMFC) has once again earned an Unmodified Opinion from the Commission on Audit (COA) for its financial statements for the fiscal years ended Dec. 31, 2025 and 2024, reaffirming the corporation’s adherence to the highest standards of financial reporting, internal controls and sound financial management.
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