Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
8250 articles across all sources
Delayed allotments slow infrastructure rollout
THE DEPARTMENT of Budget and Management (DBM) said delayed allotment releases slowed the implementation of infrastructure projects, with their obligation rate reaching only 20% to 30% in the first half, well below the expected 50%. Acting Budget Secretary Kim Robert C. De Leon said most government agencies were on track in implementing their projects, but […]
Read more →Philippines allocates P7.5 billion to eliminate nontechnical system losses
THE PHILIPPINE government is stepping up efforts to reduce electricity losses, allocating about P7.5 billion to curb nontechnical losses while developing a plan to address technical losses.
Read more →Filipinos just above poverty line remain vulnerable
MANY FILIPINO HOUSEHOLDS that recently escaped poverty remain at risk of falling back below the poverty line as elevated food and energy prices continue to erode their purchasing power, analysts said.
Read more →SEC eyes raising stockbrokers’ P100-million capital requirement
THE Securities and Exchange Commission (SEC) is considering raising the P100-million minimum capital requirement for stockbrokers as it reviews whether the decades-old threshold remains adequate, its chairman said. “We may be thinking of increasing even the P100 million because the P100 million was a 2001 figure,” SEC Chairperson Francisco Ed. Lim told reporters on Monday. […]
Read more →Emperador re-enters FTSE index, settles ELS shares for P1.4 billion
LISTED liquor producer Emperador, Inc. has re-entered the FTSE Global Equity Index Series (GEIS) as a Small Cap constituent, as the company separately agreed to settle part of its equity-linked securities (ELS) through a P1.4-billion cash payment instead of issuing common shares. “EMI is the only Philippine company newly added to the FTSE Small Cap […]
Read more →PREIT sees revenue staying at 51% of year-ago level as SIPCOR seeks CA relief
VILLAR-LED Premiere Island Power REIT Corp. (PREIT) expects revenues to fall by 49% from last year as lease agreements with S.I. Power Corp. (SIPCOR) remain suspended amid an ongoing dispute over the power producer’s operating permits. “While the suspension remains in effect, the Corporation’s revenue is expected to remain reduced at approximately 51% of the […]
Read more →Aliens at 40: From wearable cameras to exoskeletons, here are the technologies the film predicted
DIRECTOR James Cameron’s acclaimed sci-fi movie Aliens turns 40 in August. It’s a sequel to Ridley Scott’s claustrophobic breakout hit Alien, made in 1979. Where the original featured one terrifying creature, Cameron’s movie features hundreds — and pits them against a squad of space marines.
Read more →BTr partially awards short-term bills as yields rise on hike bets
THE GOVERNMENT made a partial award of the short-term securities it offered on Monday as yields mostly climbed before an expected rate hike by the Bangko Sentral ng Pilipinas (BSP) this week, and with players looking for duration for higher returns. The Bureau of the Treasury (BTr) raised a combined P57.665 billion from its offering […]
Read more →Building national resilience is everybody’s business
For decades, the country’s approach to crisis management has followed a familiar, predictable rhythm. A super typhoon strikes, a geopolitical flashpoint flares up, or a global health disruption halts supply chains. In response, emergency aid pours in, charitable corporate donations fill newsfeeds, and emergency personnel deploy. Then, the waters recede, the immediate threat passes, and […]
Read more →Roxas and Company secures P1.93-B Chinabank loan for refinancing
ROXAS AND COMPANY, Inc. (RCI) has entered into a P1.93-billion term loan agreement with China Banking Corp. (Chinabank) to refinance existing obligations and fund general corporate purposes. In a disclosure on Monday, RCI said it entered into an Omnibus Loan and Security Agreement with Chinabank on Aug. 20. Under the agreement, Chinabank agreed to extend […]
Read more →An assured artistic follow through
IN FILIPIÑANA, which had its world premiere in the World Cinema Dramatic Competition at the 2026 Sundance Film Festival back in January, each frame displays stunning, beautiful composition.
Read more →PHL life insurance industry books higher premium income as of June
THE PHILIPPINE life insurance industry recorded a 17.91% increase in premium income for the first half of the year, driven mainly by variable life products. The sector’s combined premium income went up to P229.98 billion as of end-June, up from P195.05 billion a year ago, the Insurance Commission (IC) said in a statement on Monday. […]
Read more →First parliamentary polls will test BARMM’s ayuda economy
IN LESS THAN a month’s time, voters will cast their ballots in the first parliamentary election for the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). There are 13 political parties competing for 80 seats, and they will need to offer a credible blueprint for good governance in a geographically dispersed area confronted by severe economic constraints.
Read more →Slower Q2, but office market stays resilient — Colliers
THE Philippine office market’s momentum stalled in the second quarter (Q2) of 2026 as geopolitical uncertainty from the Middle East crisis prompted occupiers to reassess timing, costs, and space commitments. Leasing decisions were pushed to the latter part of the year, with occupiers prioritizing renewals over relocations or expansions amid higher capital expenditure assumptions. Still, […]
Read more →SC upholds P39.37-million customs, VAT liability against Colgate-Palmolive Philippines
THE SUPREME COURT (SC) has upheld a P39.37-million assessment in deficiency customs duties, value-added tax (VAT), and surcharge against Colgate-Palmolive Philippines, Inc. (CPPI) over royalty payments and charges related to its importations. In a decision promulgated on April 30, 2026, and made public on Monday, the SC’s Third Division denied CPPI’s petition challenging a Court […]
Read more →Optimism ‘essential’ in The Dog Stars
LONDON — Ridley Scott returns to science fiction films after nearly a decade with a dystopian thriller the prolific director-producer and his starry cast say carries a message of hope. The Alien, Gladiator, and The Martian filmmaker’s latest movie The Dog Stars is based on Peter Heller’s 2012 book of the same name and set […]
Read more →BSP to help rural banks upgrade their systems
THE BANGKO SENTRAL ng Pilipinas (BSP) will begin accepting next month applications for technical assistance (TA) from rural banks that need financing to upgrade their core banking systems. In a memorandum signed by BSP Governor Eli M. Remolona, Jr., the central bank said rural banks may apply for assistance to fund their transition to cloud-based […]
Read more →Peso weakens as market eyes BSP meeting
THE PESO weakened against the dollar on Monday as players took positions before the Philippine central bank’s policy meeting this week, where the market expects a third straight rate hike. The currency dropped by six centavos to close at P61.73 versus the greenback from P61.67 on Thursday, data from the Bankers Association of the Philippines’ […]
Read more →Central bank bills fetch higher yield for 10th week
THE AVERAGE YIELD on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities nudged higher for the 10th week in a row on Monday, even as the offer was met with strong demand. The 28-day BSP bills fetched P32.557 billion in tenders, slightly above the P30 billion auctioned off but below the P52.315 billion in bids […]
Read more →Apple Pay seen to lift UnionBank card usage
Union Bank of the Philippines is expecting Apple Pay to drive higher card usage and eventually contribute to revenues as early customer enrollments point to growing appetite for mobile contactless payments.
Read more →BSP rolls out cloud support for rural banks
The Bangko Sentral ng Pilipinas is rolling out technical assistance that will help qualified rural banks migrate from legacy information technology systems to cloud-based core banking platforms, strengthening their resilience and competitiveness amid rapid digitalization.
Read more →Emperador rejoins FTSE global index
Emperador Inc. is rejoining the FTSE Global Equity Index Series, while several firms are being downgraded.
Read more →How well do you understand Kaizen?
Imagine unlocking a superpower that transforms ordinary routines into engines of extraordinary progress, but without overhauls, massive budgets or overnight miracles.
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