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
AirAsia Philippines lands on world’s most punctual list
Low-cost carrier AirAsia Philippines made it as the world’s fourth most punctual airline in June, according to aviation analyst OAG.
Read more →Bloomberry rolls out new gaming platform
MANILA, Philippines — Bloomberry Resorts Corp. has formally launched FUNaloMAX, its mainstream premium online gaming platform aimed at expanding its reach beyond its traditional high-end customer base. The company said the platform is designed for younger, mobile-first Filipino players, complementing its existing premium online offering under the Solaire brand, which caters to high-end and premium players. A key feature of FUNaloMAX is its 24/7 live gaming studio, which Bloomberry said was
Read more →Cebu Pacific to light up Starlink WiFi by 2027
Low-cost carrier Cebu Pacific is shaking up the aviation market not just in the Philippines, but in Southeast Asia as a whole, as it will introduce high-speed internet on flights courtesy of Starlink.
Read more →DigiPlus joins Brazil’s IBJR
DigiPlus Interactive Corp. is reinforcing its international presence by joining a regulated betting industry group in Brazil.
Read more →EDC gets $5 billion offer from Indonesian group
After ceding control of its natural gas business, the Lopez family’s First Gen Corp. is now confronting a $5-billion takeover bid from Indonesia’s Barito Group for Energy Development Corp.
Read more →GCash enters retail HMO market via KwikCare
E-wallet giant GCash has penetrated the health maintenance organization (HMO) market with a dedicated product for gig workers and part-time earners, accessible for just P995 a month.
Read more →IFC commits $100 milllion to UnionBank’s first sustainability bonds
Aboitiz-led Union Bank of the Philippines is set to issue its first sustainability bond, with the International Finance Corp. (IFC) subscribing to $100 million to expand financing for small businesses and environmentally sustainable projects.
Read more →Lalamove makes inroads into Middle East
Express courier Lalamove — a popular door-to-door transport in the Philippines — is expanding in the Middle East through Riyadh, hoping to bring to the region its success in Asia-Pacific.
Read more →MTerra Solar’s high efficiency technology immersed in the community
“Reliable and affordable electriity for Filipinos, community-immersed energy project.
Read more →MVP: Leader, nation-builder
On the day he turned 80, MVP Group chairman Manny V. Pangilinan traveled to Gapan, Nueva Ecija for MTerra Solar, the world’s largest integrated solar and battery energy storage facility – a project he truly believed will bring in not just clean energy but also transformative impact for many Filipinos.
Read more →Philippines secures $6.78 million grant for climate investments
The Philippines has secured a $6.78-million technical assistance grant from the Green Climate Fund aimed at boosting the country’s capacity to access, develop and implement climate investments, the Department of Finance said.
Read more →Philippines to gain from Indonesia’s nickel policy recalibration
The country’s nickel miners are looking to take advantage of Indonesia’s quota review to position itself as a stable source of nickel.
Read more →PhilLife unveils new wealth solution
Philippine Life Financial Assurance Corp. (PhilLife), a member of the Philippines First Insurance Group, has rolled out PhilLife Certi5, its latest wealth-building solution that addresses a growing demand for a financial “middle ground” – investment vehicles that shield original capital while delivering predictable, guaranteed returns.
Read more →Remittances inch up 2% to $2.71 billion in May
Cash remittances from overseas Filipino workers grew by two percent to $2.71 billion in May from $2.66 billion a year earlier, sustaining annual growth even as momentum remained subdued.
Read more →RLC boosting REIT after P10.6 billion asset infusion
Gokongwei-led real estate developer Robinsons Land Corp. is prepared to proceed with the next batch of asset infusions into its real estate investment trust company, RL Commercial REIT Inc. (RCR), following a P10.62-billion deal announced last month.
Read more →Stocks rebound as ICTSI first to hit P2 trillion market cap
Investors yesterday went on a buying spree of blue chip shares to flip the local stock market back to growth mode, stopping a two-day bleeding.
Read more →Digital infrastructure gains must be matched by education reforms — consumer group
A consumer advocacy group is urging the government, telcos and educational institutions to synchronize digital infrastructure expansion with education reforms.
Read more →Senators push probe into rising electricity bills
Senators seek probe on rising electricity costs.
Read more →Dolmar Land unveils Legacia: New heritage-inspired community breaks ground in Baliwag
Backed by nearly 55 years of trusted property development, Dolmar Land introduces a new community designed for modern Filipino living.
Read more →After income upgrade, what investors are waiting for Philippines to fix
The Philippines must fix infrastructure, governance gaps, advisers say.
Read more →AboitizPower to develop P8.4 billion Ilocos wind farm
Aboitiz Power Corp., the country’s leading power producer, is spending roughly P8.4 billion to construct a massive wind project in Bangui, Ilocos Norte.
Read more →Beyond the numbers: Why investor relations matters more than ever
Trust is the foundation of every healthy capital market.
Read more →BOI certifies P351 billion green investments
The Board of Investments has certified P351.02 billion worth of investments under the green lane initiative in the first half, enabling the projects to benefit from streamlined permit processing.
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