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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.

1264 articles from PhilStar Business

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PhilStar Business

DTI to issue new steel safety standards in August

The Department of Trade and Industry is aiming to issue updated steel standards by next month to promote infrastructure safety and resilience given the country’s high risk for earthquakes.

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PhilStar Business

First Dreamliner jets landing in Philippines via PAL

Flag carrier Philippine Airlines has signed an initial commitment to purchase up to 20 jets from Boeing, paving the way for the country to welcome its first Dreamliner.

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PhilStar Business

Government anti-cybercrime unit eyes P1.5 billion budget for 2027

The government’s anti-cybercrime unit is seeking a budget of at least P1.5 billion for 2027, as it looks to expand the number of personnel responding to complaints on digital fraud.

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PhilStar Business

Landbank boosts account security with insurance program

State-run Land Bank of the Philippines is strengthening its account security with an insurance product aimed at shielding depositors from the growing risks of ATM withdrawal fraud and robbery.

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PhilStar Business

More McDonald’s stores secure competitive electricity rates

McDonald’s Philippines has expanded its participation in the retail power market, with at least 36 stores in Cebu and Negros Island set to gain access to competitive electricity rates.

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PhilStar Business

PCA seeks regulatory powers for copra prices

The Philippine Coconut Authority is seeking regulatory powers to influence the prices of copra and shield the country’s coconut farmers from declining copra prices.

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PhilStar Business

Philippines among strongest travel destinations in H2 – AirAsia

Travelers are looking for opportunities to fly to foreign destinations in the second half, and this is going to benefit Philippine tourism, according to AirAsia’s booking platform.

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PhilStar Business

‘Philippines firms look overseas for growth amid volatility’

More Philippine companies are looking beyond the domestic market for growth as geopolitical tensions, volatile commodity prices and supply-chain disruptions encourage businesses to diversify their operations, according to Citi Philippines.

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PhilStar Business

Playing to the gallery?

No matter how I look at it, the recent decision by the Department of Labor and Employment to approve an P85 daily wage hike feels like Labor Secretary Francis Tolentino is out to earn “pogi” points from the voting public when he eventually leaves his current government job, and once again throws his hat into the political arena.

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PhilStar Business

Stocks end winning streak on profit taking

The local stock market ended in the red territory as investors decided to pocket gains after a four-day rally.

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PhilStar Business

Top Line books Angkas to drive Cebu push

Top Line Business Development Corp. is riding with Angkas to capture a third of Cebu’s motorcycle taxi market.

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PhilStar Business

Wages and food prices

Any discussion of the potential economic impact of the recently mandated minimum wage increases has shown how little our options are.

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PhilStar Business

Price Tracker: Oil, fuel monitor for July 21-27, 2026

DOE says renewed West Asia tensions are still driving pump prices higher.

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PhilStar Business

DBM releases 90% of 2026 national budget

The government has released 89.9 percent of the P6.793-trillion 2026 national budget as of end-June, though the pace remains slower than last year, the Department of Budget and Management said.

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PhilStar Business

Manulife Investment tops UITF rankings

Manulife Investment Management and Trust Corp. has seized the top spots in the Philippine unit investment trust fund rankings after posting standout gains for its equity and fixed income funds in the first half.

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PhilStar Business

MFT Group’s Mica Tan ready to come home, face charges

MFT Group of Companies CEO Maria Francesca Tan, who is being linked to a massive investment fraud, said she does not intend to evade the charges she is being accused of.

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PhilStar Business

PAL seeks government OK for revival of India flights

Flag carrier Philippine Airlines has sought regulatory approval to launch direct flights between the Philippines and India.

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PhilStar Business

‘Philippines portfolio outflows among heaviest in Asia’

The Philippines has suffered some of the heaviest portfolio outflows in Asia as its dependence on imported energy leaves local financial markets vulnerable to the continuing Middle East conflict, according to Moody’s Ratings.

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PhilStar Business

Salary hikes projected to average 5.1% next year

The country is expected to see slightly higher salary hikes in 2027 amid competition for talent and rising costs, according to global advisory, broking and solutions firm WTW.

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PhilStar Business

Stocks survive late-session profit taking

The local stock market showed resilience to kick off the week on a high note, surviving a late-session profit taking and maintaining its hold above the 6,400 level despite lingering geopolitical tensions.

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PhilStar Business

Telcos barred from building adjacent towers

The Department of Information and Communications Technology has ordered telco giants to share their infrastructure with new entrants by prohibiting new towers from being built close to another one.

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PhilStar Business

The 2026 SIPP: Where innovation meets incentives

As digital technologies continue to reshape industries and redefine the global economy, governments are increasingly competing not only for capital but also for innovation.

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PhilStar Business

The cost of going cashless

For years, sending money online came with a familiar tradeoff: convenience at a cost.

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PhilStar Business

The most dangerous company has no problems

For the past few months, I’ve rediscovered the simple pleasure of reading old folk tales to understand how their timeless lessons mirror principles I’ve practiced throughout four decades in management.

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