Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1489 articles from PhilStar Business
Higher gold prices lift Philippines reserves to $104.81 billion in August
The country’s foreign exchange buffer rose to a five-month high in August as higher global gold prices lifted the Bangko Sentral ng Pilipinas (BSP)’s gold holdings, helping keep reserves adequate despite government debt payments.
Read more →IBPAP-led alliance courts global firms to locate in Philippines
The Information Technology and Business Process Association of the Philippines has teamed up with advisory firms, real estate developers, banks and investment promotion agencies to encourage global firms to locate in the country as part of its aim to hit $50.5 billion in revenue by 2028.
Read more →I&C Holdings takes 27% stake in ABS-CBN after P3.5 billion infusion
The Lopez family’s grip on media giant ABS-CBN Corp. has loosened following the entry of a new investor that infused P3.5 billion into the company in exchange for a 27-percent share.
Read more →Jobless rate hits 4-year high in July
The country’s unemployment rate in July rose to its highest level in over four years as more Filipinos joined the workforce, but not enough jobs were available in the market. Preliminary results of the Philippine Statistics Authority’s Labor Force Survey showed that the unemployment rate rose to six percent in July from the previous month’s 4.9 percent and 5.3 percent in the same month last year.
Read more →Metrobank banks on financial strength to sustain lending
Metropolitan Bank & Trust Co. is banking on its financial strength to sustain lending and investments in its services amid economic uncertainty as it marks its 64th anniversary this month.
Read more →Peso plunges to new record low vs dollar
The peso slipped to another record low against the dollar yesterday as rising oil prices fueled concerns over global inflation and tighter monetary policy.
Read more →PhilWeb bets P4.23 billion on JKS Tech
PhilWeb Corp. is investing P4.23 billion in technology firm JKS Tech Solutions Inc., which in turn will acquire a 4.85-percent stake in the listed gaming service provider.
Read more →SSS expands LoanLite access via UnionDigital
Social Security System has made its microloan program available through UnionDigital Bank (UD), allowing eligible members to borrow up to P20,000 through its mobile application.
Read more →The arithmetic inside the AI bubble
Everyone in the stock market is wondering “Is AI a bubble?”
Read more →After 64 years, Metrobank keeps evolving and growing stronger with Filipinos
Metrobank's 64-year journey has taken place against a backdrop of constant change.
Read more →Stratworks builds on awards momentum with strong Quill Awards wins
Building on its Q2 momentum, these latest wins underscore the agency’s continued growth and the impact of its work across brands and industries in 2026.
Read more →The round trip under BRI: How the Philippines and Hong Kong now grow off each other
For a Filipino enterprise weighing that move, the first thing Hong Kong puts on the table is access to capital on a scale few places can match. The city is already Asia's largest hedge fund centre and the world's largest cross-border wealth management hub, expanding at a projected 9% a year, and it has just moved to widen its lead.
Read more →RCBC named ‘Remittance Bank of the Year’ in the Philippines by ABF
The recognition comes as RCBC continues to push the boundaries of cross-border remittance innovation by pivoting from traditional legacy systems to a more inclusive, interoperable and fintech-first mindset.
Read more →ADB: Philippines GDP may still grow by 3.8% this year
The Philippine economy may still post 3.8 percent growth this year, despite the weak growth performance in the first half, but faster infrastructure spending and consumption growth would be needed in the second half, according to the Asian Development Bank..
Read more →Before you add, learn to subtract
A long time ago, a Japanese childless couple, who despite their advanced age, continued praying at a shrine for a child.
Read more →Cignal speeds up strategic pivot through Smart, TNT partnerships
Cignal is expanding its reach nationwide through strategic partnerships with leading mobile brands TNT and Smart Communications, bringing premium sports, news and entertainment straight to smartphone screens.
Read more →GCash IPO: For whom?
A few months ago, I wrote about why the GCash IPO could be different for this region, not because of size, but because of what it represents.
Read more →Over next 12 months :Most CEOs bullish on revenue growth
More than 80 percent of Philippine CEOs are upbeat on industry prospects and revenue growth in the next 12 months, despite geopolitical tensions, technological disruption and changing regional dynamics, according to a survey of PwC Philippines and the Management Association of the Philippines.
Read more →Philippines outsourcing sector holds up amid AI concerns
The Philippines has yet to see an artificial intelligence (AI)-driven collapse in its outsourcing industry, with business service exports and related employment continuing to expand, according to HSBC Global Investment Research.
Read more →Philippines pushes zero tariffs on banana exports to Japan
The Philippines is pressing for zero tariffs on its banana exports to Japan as it finalizes a bilateral trade agreement, the Department of Trade and Industry said.
Read more →Rare heritage pieces headline
León Gallery September auction Rare works by some of the Philippines’ most important artists and historically significant pieces from private collections will go under the hammer at León Gallery’s The Magnificent September Auction 2026 on Sept. 12, highlighting the enduring market for Philippine art, antiques and cultural heritage.
Read more →Southlinks Estate gets 5-Star BERDE rating
Height Realty Inc.’s Southlinks Estate has earned the distinction of being the first development in Metro Manila to receive a 5-Star BERDE District rating.
Read more →Stocks slip as investor caution persists
The Philippine Stock Exchange index slipped on a muted session amid prevailing caution among investors.
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