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🇵🇭 Local Market Intelligence

Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

1249 articles from PhilStar Business

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PhilStar Business

Nextbank, Mount Carmel partner for mobile banking services

Nextbank, a Philippine banking technology company, has expanded its partnership with Mount Carmel Rural Bank Inc. through the adoption of Nextbank’s Mobile Banking Solution.

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PhilStar Business

Peso falls to fresh record low of 62.40:$1

The peso weakened to another record low yesterday, closing at 62.40 against the dollar as expectations of rising treasury yields in the United States, tighter Federal Reserve policy and elevated oil prices continued to favor the greenback.

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PhilStar Business

PSEi stages strong rebound from 4-day slide

The local stock market marked a triumphant return from a holiday break, kicking off the week on a high note and ending its four-day slump.

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PhilStar Business

SM optimistic on sustained strong performance

SM Supermalls, the country’s largest mall developer, expects to sustain its strong business performance as the so-called “ber” months begin and is slated to open a new flagship mall in the latter part of the year.

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PhilStar Business

PBBM affirms PTMP gains in 5th SONA, calls for greater cooperation as more operators and drivers consolidate

The Public Transport Modernization Program (PTMP) continues to gain momentum as more public utility vehicle (PUV) operators and drivers join the program.

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PhilStar Business

Acer Day turns 10 with its biggest celebration yet

Acer marked a defining year in 2026 with the 10th anniversary of Acer Day.

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PhilStar Business

Price Tracker: Oil, fuel monitor for Sept. 1-7, 2026

Local pump prices went down in the first week of September.

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PhilStar Business

COMCO Mundo ramps up global operations across SEA and MEA

As the global award-winning Philippine-led intercontinental communications and public relations group approaches its second decade, it strengthens its global presence through its growing network across Southeast Asia and the Middle East, anchored by the Southeast Asia Communications Agencies Network (SEA CAN) Alliance by COMCO Mundo, COMCO Southeast Asia - Singapore and COMCO Middle East & Africa.

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PhilStar Business

Camarines Sur launches smart city project

An expansive hub for business, leisure and wellness is rising in the capital town of Pili in Camarines Sur, laying the platform for the province’s transformation as the next smart city development in Luzon.

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PhilStar Business

DEPDev pushes passage of National Land Use Act

The Department of Economy, Planning and Development is urging Congress to approve the National Land Use Act to address food security.

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PhilStar Business

DMCI Homes ventures into socialized housing – with style

DMCI Homes of the Consunji Group is not simply entering the socialized housing segment – it plans to do so with style.

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PhilStar Business

DOE: 17 power firms line up for P10 billion geothermal funding

At least 17 power companies are vying for a share of the government’s P10-billion financing program to support geothermal energy exploration across the country.

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PhilStar Business

Farmers see higher mill prices as sweetener imports tighten

Local sugar producers are hopeful of better millgate prices as the government tightens imports of artificial sweeteners, according to an industry group.

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PhilStar Business

Favorable market conditions seen as sweet boost for cacao industry

The country’s cacao industry may be entering a sweet spot for expansion, with favorable market conditions providing fresh momentum, according to the University of Asia and the Pacific-Center for Food and Agri Business.

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PhilStar Business

Jollibee Group named global growth champion

Jollibee Group has been named Global Growth Champion at the inaugural Globie Awards, the awards program of the Global Restaurant Leadership Conference, which brings together senior executives in the global restaurant and food service industry.

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PhilStar Business

Maynilad, K-Water bag OPS for P14.8 billion Clark contract

The consortium of Maynilad Water Services Inc. and Korea Water Resources Corp. have secured the original proponent status for the proposed P14.8-billion long-term water supply and wastewater management project in New Clark City in Tarlac.

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PhilStar Business

Moderate pickup in consumer spending seen

Household consumption is likely to pick up modestly for the rest of the year if inflation continues to ease and public infrastructure spending accelerates, according to the Department of Economy, Planning and Development.

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PhilStar Business

MPTC revenues rise despite softer Philippines traffic

Pangilinan-led Metro Pacific Tollways Corp. kept revenue growth on track in the first half as its expanding toll-road network helped offset softer domestic traffic.

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PhilStar Business

POCB, DMW partner to expand construction industry prospects

The Philippine Overseas Construction Board and the Department of Migrant Workers have teamed up to help expand global opportunities for local construction firms and workers.

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PhilStar Business

RHR sets sights on Fili Hotel expansion

Robinsons Hotels and Resorts, the hospitality arm of the Gokongwei family’s Robinsons Land Corp., is setting its sights on expanding its five-star Fili Hotel and establishing it as a major regional hospitality brand.

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PhilStar Business

Rice imports already surpass full 2025 level

The country’s rice imports have already surpassed the 3.39 million metric tons logged last year, as the government moves to boost its buffer stocks ahead of the incoming El Niño weather disturbance.

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PhilStar Business

Several regional airports primed for upgrade in 2027

Several airport upgrades are scheduled for completion next year as these are banked on to increase passenger traffic into the regions by allowing larger aircraft to land.

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PhilStar Business

The price of inclusion

Eleven years ago, I stood before an audience at the Microfinance Council of the Philippines Annual Conference and made the case for electronic payments as a driver of inclusive growth.

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PhilStar Business

When a theory is no match to practical knowledge

A cocky management consultant on vacation sits next to a farmer on a three-hour train ride to a rural town.

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