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
Late-session selling pulls stocks down
The local stock market kicked off the trading week on a sour note, as late-session selling pulled down early gains amid lack of a positive catalyst.
Read more →Megaworld raises P5.6 billion for township expansion
`Property giant Megaworld Corp. is set to reinvest over P5 billion raised from block sales of MREIT Inc. shares over the past four months to support the expansion of township projects.
Read more →MGEN inaugurates world’s largest solar farm facility
Meralco PowerGen Corp. is marking a major milestone today with the inauguration of Phase 1 of the world’s largest integrated solar farm, a project expected to help bring down electricity costs in Luzon.
Read more →More GOCCs eyed for P1 billion dividend club
Finance Secretary Frederick Go hopes more state-run firms will break into the P1-billion dividend mark next year, with remittances expected to hit a record P147.15 billion by year-end.
Read more →Philippines targets first native hydrogen drilling by year-end
US-based Koloma Inc. has kicked off native hydrogen exploration activities in Pangasinan, with the Department of Energy expecting drilling to commence later this year.
Read more →RRHI trading suspended as PSE exit looms
Trading of Robinsons Retail Holdings Inc. shares was suspended yesterday ahead of the company’s looming exit from the Philippine Stock Exchange.
Read more →SEC overhauling rules on credit rating agencies
The Securities and Exchange Commission plans to overhaul rules governing credit rating agencies (CRAs) to ensure a more comprehensive accreditation and supervisory regime as part of a broader capital market development agenda.
Read more →Security Bank refinances 17.4-MW Bataan solar plant
Security Bank Corp. has refinanced a 17.4-megawatt solar power plant in Hermosa, Bataan, strengthening its renewable energy portfolio and expanding local bank financing for projects that supply electricity to electric cooperatives.
Read more →The bird, the fish and the hybrid workplace
There’s a popular saying that asks: “A bird may love a fish, but where will they build a home together?”
Read more →Tougher prosecution to curb illicit tobacco trade pushed
Amid mounting losses from the illicit tobacco trade, lawmakers and government officials are calling for intensified efforts to prosecute and convict criminal syndicates behind the illegal market, saying seizures alone have failed to deter offenders.
Read more →Why digital payment boom is straining enterprise ERPs
According to the Bangko Sentral ng Pilipinas, digital payments accounted for 57.4 percent of monthly retail transaction volume and 59 percent of value in 2024, driven by widespread QR Ph adoption and mature e-wallet networks. Accepting digital payments is no longer the challenge.
Read more →Diesel, kerosene prices seen rising by over P2 per liter – DOE
Fuel price swings continue as DOE said it will soon return to exact adjustments.
Read more →Filipino workers are ready for AI – but are businesses? ASUS Co-CEO Samson Hu weighs in
Hu, with a deep engineering background, views the enterprise AI gap as an organizational and structural bottleneck rather than a technological one.
Read more →The Philippines is the world’s best place to retire
At SMDC Symphony Homes, there’s more room for what comes next.
Read more →Philippine salt sector's robust growth cited as production hits 199K MT in H1
Domestic production of salt reached over 199,000 metric tons in the first half of the year, signaling robust growth in the sector following government efforts to revitalize the industry.
Read more →3 reasons why paying with Salmon hits different
What if every time you hit a financial win, somebody threw confetti at you?
Read more →Ayala Group eyeing one more hospital
AC Health plans to add another hospital in its portfolio this year, as the Ayala Group’s health care arm works its way toward its goal of expanding its network to at least 10 hospitals by next year.
Read more →‘Banks shifting from OTPs to silent authentication’
Philippine banks and e-wallet providers are expected to increasingly replace text-based one-time passwords (OTPs) with silent and risk-based authentication as financial institutions strengthen safeguards against fraud.
Read more →BOI-approved investments up 21 percent in H1
Investment commitments approved by the Board of Investments (BOI) rose by more than a fifth in the first half from a year ago, reflecting investor confidence in the country’s economic fundamentals and growth prospects.
Read more →Is ERC favoring renewable energy?
“We’re not playing favorites.”
Read more →Learn from history
The BSP has recently published two books of national consequence.
Read more →Life is interesting
Many interesting things are happening right now that capture the attention of people from different walks of life.
Read more →‘Major catalysts to sustain stock rally’
The local stock market is expected to trade sideways this week, with investors waiting for major catalysts to support a continued rally.
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