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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

CREC gets P4 billion loan from Landbank

Saavedra-led Citicore Renewable Energy Corp. has secured P4.05 billion in financing from state-run Land Bank of the Philippines for its two integrated solar projects in Pampanga and Nueva Ecija.

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PhilStar Business

DA: Better farm data collection leads to higher agriculture production

Fragmented data has long plagued the country’s agriculture sector, leaving farmers, policymakers and traders to navigate scattered figures that blur the true state of the country’s farm sector.

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PhilStar Business

ERC rejects Meralco-SMC power supply deal

The Energy Regulatory Commission has thumbed down Manila Electric Co. planned procurement of a 200-megawatt baseload power supply from San Miguel Corp.

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PhilStar Business

Forest Lake posts record P5.5 billion sales in 2025

Forest Lake Development Inc., the Philippines’ leading memorial park developer with Total Memorial Care, achieved another milestone year in 2025 after recording a historic P5.5 billion in sales production – the highest in the company’s nearly three-decade history and a 45-percent increase from the P3.8 billion recorded in 2024.

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PhilStar Business

Ilocos Norte farmer reaps gains from high-zinc rice

A high-zinc rice cultivated in Ilocos Norte produced yield nearly twice the national average, as the Philippine Rice Research Institute helps the country look for alternatives that can complement efforts to address child stunting and micronutrient deficiency.

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PhilStar Business

Keeping up with the times

To ensure that the Philippines stays out of the Financial Action Task Force so-called “gray list,” several changes to the current Anti-Money Laundering Act are needed.

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PhilStar Business

Key 2028 development goals unlikely to be met – PSA

The Philippines is unlikely to meet the end-of-plan targets on economic growth, debt and salaried workers under the Philippine Development Plan by 2028, according to the Philippine Statistics Authority.

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PhilStar Business

Malampaya back online after maintenance shutdown

The Malampaya deep water gas-to-power project has resumed operations following a month-long scheduled maintenance shutdown.

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PhilStar Business

Megaworld raises P147 million from sale of MREIT shares

Property giant Megaworld Corp. has raised P147.1 million from a fresh round of sale of shares in its real estate investment trust company, MREIT Inc.

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PhilStar Business

NTA tightens tobacco production mandate

The National Tobacco Administration is tightening its production strategy to avoid the overproduction of tobacco leaves during the upcoming 2026-2027 planting season.

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PhilStar Business

‘Philippines, US may ink Pax Silica AI hub framework by November’

The Philippines and the United States may sign the framework deal for the Pax Silica artificial intelligence hub by November, according to the Bases Conversion and Development Authority.

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PhilStar Business

Repo market hits P119 billion as BSP reforms gain ground

The country’s repurchase agreement market has expanded to P119 billion as of July, reflecting progress in the Bangko Sentral ng Pilipinas efforts to deepen fixed-income trading and strengthen the transmission of monetary policy.

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PhilStar Business

Selling ideas

Many of us know someone whose main claim to fame is saying, “I thought of that first.”

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PhilStar Business

Sugar capital sounds alarm on worsening pest infestation

The Sugar Regulatory Administration has warned that the worsening infestation of red-striped soft scale insect in Negros Occidental could result in the loss of about 150,000 metric tons of raw sugar — equivalent to approximately eight percent of the country’s annual production — if immediate intervention is not undertaken.

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PhilStar Business

LTFRB caps app-booked taxi fees at P60

The LTFRB has capped app-based taxi booking fees at 20% of the fare or P60, whichever is lower, following complaints about inconsistent passenger charges.

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PhilStar Business

An obsolete law, or is it?

During the impeachment trial of Vice President Sara Duterte, the defense insisted that the impeachment court cannot look into her and husband Mans Carpio’s bank records because they are confidential.

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PhilStar Business

DA strengthens marine mammal safety rules

The Department of Agriculture (DA) is strengthening its marine mammal safety rules as the country seeks to resume its export of blue swimming crab to the United States.

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PhilStar Business

DoubleDragon tops off Hotel101-Libis

DoubleDragon Corp., the listed company chaired by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, has completed the structure and the topmost floor of a Hotel101 project in Quezon City.

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PhilStar Business

Globe secures P10 billion loan from Landbank

Globe Telecom Inc. has obtained another loan, its second in barely a month, this time amounting to P10 billion from a state-owned bank.

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PhilStar Business

GMA Network ready for analog exit

Broadcast leader GMA Network Inc. is ready to turn off its analog services in compliance with a regulatory directive, but it expects the government to chip in on helping affected viewers.

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PhilStar Business

IC clears gender-specific insurance, HMO products

The Insurance Commission (IC) has approved a fresh batch of gender-specific insurance and Health Maintenance Organization (HMO) offerings, widening coverage for women’s health risks such as breast cancer, reproductive care and maternity benefits.

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PhilStar Business

Improved security cuts fake banknotes

The number of counterfeit banknotes documented by the Bangko Sentral ng Pilipinas (BSP) declined by 17 percent in 2025 as improved security features and wider public awareness strengthened the detection of fake currency.

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PhilStar Business

‘Peso to stay under pressure’

The peso is expected to remain under pressure in the coming months as higher oil prices, firm demand for the dollar and a seasonal increase in imports strain the country’s external position, according to BMI.

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PhilStar Business

PSEi climbs back to 6,400 on positive sentiment

The local stock market sustained its rally, as positive investor sentiment fueled the main index to make a successful return to the 6,400 level.

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