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
Maharlika investments hit P18.8 billion in 6 months
The Maharlika Investment Corp. ramped up its capital deployment in the first half, investing P18.8 billion across key industries, while it awaits the national government (NG)’s remaining P50-billion contribution to its mandated initial capitalization.
Read more →Mavic Development expands co-working space portfolio
MANILA, Philippines — Mavic Development Inc., operator of flexible workspace MSpaces, has expanded its portfolio with a second co?working branch in Makati City, part of its push to offer competitively priced offices for professionals. “We thought of expanding a second branch after we saw how there’s still an opportunity, especially in Makati, where we still feel it’s an underserved market,” Mavic Development president Jovie Cochien told The STAR. “We have comp
Read more →P20 billion animal competitiveness fund likely available by 2028
The Department of Agriculture may fully tap the P20-billion fund for the animal industry by 2028, delaying a legally mandated support for the country’s livestock and poultry sector.
Read more →PAL beefs up long-haul fleet with fourth Airbus A350-1000
Flag carrier Philippine Airlines is strengthening its long-haul fleet with the addition of its fourth Airbus A350-1000.
Read more →Palace, economic team working on managing inflation, peso fall
President Marcos and his economic managers are addressing the impact of a weaker peso on the prices of goods, Malacañang said yesterday, after the local currency hit a record low in the face of rising fuel prices and stronger dollar.
Read more →Palawan Group founders feted for grassroots financial inclusion
Bobby and Angelita Castro, founders and owners of the 41-year-old Palawan Group of Companies, recently received the Silver Coin Tribute from SEDA Law in recognition of the couple’s decades-long leadership and the group’s unwavering commitment to empowering ordinary Filipinos.
Read more →Philippines starts hunt for P788 billion geothermal power wealth
Seeking to regain its global geothermal standing, the Philippines is setting its sights on unlocking roughly $12.6 billion (about P787.9 billion) worth of untapped geothermal potential.
Read more →Robinsons returns for 17th year of UP basketball sponsorship
Robinsons Retail Holdings Inc. is continuing its longstanding sponsorship of the University of the Philippines (UP) Men’s Basketball Team, marking the partnership’s 17th year.
Read more →Security Bank unveils 3-year growth strategy
Security Bank has unveiled a focused three-year strategy to capture the next wave of growth in Philippine banking, concentrating on wealth management, entrepreneur banking, and corporate and institutional banking to leverage its existing strengths.
Read more →Sugar output at risk from pest infestation
The country’s sugar production could decline by 10 percent for the incoming milling season due to the continued effects of the red-striped soft scale insect (RSSI) on sugarcane plantations, the Sugar Regulatory Administration said.
Read more →Telco investments seen to exceed $2 billion this year
Digital transformation is ramping up in the Philippines, with major telecommunications players’ investments for 2026 set to exceed $2 billion.
Read more →Top Line taps Japan firm for EV charging rollout
Top Line Business Development Corp. is stepping up its push to penetrate the electric vehicle (EV) market through a planned rollout of charging infrastructure with Japan’s Jigowatts Inc.
Read more →Why we need FDI
BSP Governor Eli Remolona Jr., in a Senate hearing last week, cited the need for the country to have more exports to bring in more dollars we need to buy the increasing amount of goods that we now import. Remittances and BPOs are not enough.
Read more →Panata Awards 2026: Celebrating effective, responsible and impactful brand building
For PANA, the Panata Awards represents more than honoring exceptional campaigns.
Read more →Plant outages put Visayas, Mindanao grids under 9-hour red alerts
Available power supply is projected to fall below peak demand in both grids.
Read more →Analysts see scope for one more BSP rate hike
The Bangko Sentral ng Pilipinas may need one more interest rate increase before year end as El Niño threatens food prices and the peso remains under pressure, analysts said, even as the central bank signaled it hopes to pause after three consecutive hikes.
Read more →‘Data center boom to yield small gains for Philippines’
The Philippines is expected to reap only a marginal economic boost from its data center buildout through 2030, with severe power supply and energy security constraints threatening to slow projects, according to Moody’s Ratings.
Read more →For Robinsons Retail, it’s business as usual as a private company
Robinsons Retail Holdings Inc. has officially ended its nearly 13-year run on the Philippine Stock Exchange, and while its executives have things they will miss about life as a listed company, there are also things they will gladly leave behind.
Read more →‘Global minimum tax to raise additional P24.4 billion revenues yearly’
The Philippines could generate about P24.4 billion in additional annual revenue starting in 2029 under a proposed global minimum tax, the Department of Finance said.
Read more →Government seeks alternative feedstock to boost bioethanol production
The Department of Agriculture and the Department of Energy are looking to increase the country’s bioethanol production through the use of cheaper and diversified feedstock.
Read more →Government to unload P69.9-billion budget for rice programs
President Marcos is proposing P69.9 billion funding for three major rice programs next year as the government seeks to boost domestic production, raise farmers’ incomes and help keep rice affordable and accessible. Acting Budget Secretary Kim Robert de Leon said the proposed funding forms part of the administration’s broader food security agenda, which seeks to raise agricultural productivity while improving the livelihoods of farmers and fisherfolk.
Read more →JG Summit expects to sustain topline growth
Conglomerate JG Summit Holdings Inc. of the Gokongwei Group expects revenue growth in the second half to be in line with the previous semester despite risks such as inflation and weather disruptions.
Read more →Jobstreet by SEEK expands support to MSMEs via LGUs
Employment platform Jobstreet by SEEK is strengthening its support to micro, small and medium enterprises (MSMEs) with wider capacity-building programs through local government units.
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