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
Mitsubishi unveils all-new Pajero SUV
Automotive firm Mitsubishi Motors Corp. yesterday unveiled the all-new Pajero sports utility vehicle (SUV), which it plans to launch in Southeast Asia, including the Philippines, in the next fiscal year.
Read more →‘Philippines could be Nissan’s top Asean market anew’
Japanese multinational automaker Nissan Motor Co. Ltd. sees strong potential for the Philippines to reclaim its position as the company’s top market in Southeast Asia.
Read more →Philippines may not export sugar to US this year
The Philippines may not export sugar to the United States this year due to production constraints in local sugarcane, according to the Sugar Regulatory Administration.
Read more →SierraCol chair joins Prime Infrastructure board
The chairman of SierraCol Energy Ltd., Colombia’s largest independent oil and gas exploration firm, is reinforcing Prime Infrastructure Capital Inc.’s global expansion drive with his appointment to its board of directors.
Read more →SMC, Aboitiz units win Meralco supply deals
Energy firms controlled by Ang-led San Miguel Corp. and the Aboitiz Group have placed the best bids to supply 600 megawatts (MW) of power to utility giant Manila Electric Co.
Read more →SSS investment income seen to hit P71.4 billion by year-end
The Social Security System expects to generate P71.41 billion in investment income by year-end, helping lift its net income despite higher pension and other benefit payouts.
Read more →Stocks dip as peso continues to depreciate
The local stock market pulled back yesterday following Tuesday’s strong performance, with investor sentiment dampened by the continued depreciation of the peso.
Read more →The ERC, Nasecore, pumped hydro and nuclear power
Last Monday a “consumer group” went to the Ombudsman and filed a complaint against Energy Regulatory Commission officials for allowing line rental charges embedded in electricity bills.
Read more →Unbearable and unacceptable floods
The relentless habagat rains over the long weekend once again left many areas underwater, with images of flooded communities filling news reports and social media platforms.
Read more →Urquijo leads new ALI integrated estates group
Property giant Ayala Land Inc. is creating a new integrated estates group, led by next-generation leader Jaime Zobel Urquijo.
Read more →Factory growth accelerates to near 10-year high
Buoyed by higher output and strong demand, Philippine manufacturing activity in August expanded at its strongest pace in nearly a decade, according to S&P Global.
Read more →Foreign debt payments hit $6.2 billion in 5 months
The country’s foreign debt payments increased by 4.8 percent to $6.21 billion from January to May as higher principal repayments outweighed a decline in interest payments, preliminary data from the Bangko Sentral ng Pilipinas showed.
Read more →Former finance chief Sonny Dominguez joins Megaworld as independent director
Former finance secretary Carlos “Sonny” Dominguez is bringing his extensive experience in business, finance, corporate leadership and economic policy to the board of Megaworld Corp.
Read more →JFC picks HK for listing of international business
Asian food conglomerate Jollibee Foods Corp. has chosen Hong Kong over the United States for the planned listing of its international business.
Read more →Leviste raises P3 billion from SPNEC share sale
Businessman-turned-lawmaker Leandro Leviste has pocketed P3 billion from unloading more shares in SP New Energy Corp. of tycoon Manuel V. Pangilinan.
Read more →‘Mayabang kasi tayo!’
“Medyo mahirap sabihin ito, Senator, pero mayabang tayo eh… may consumption culture.”
Read more →Metro Pacific Water allots P23 billion for infrastructure upgrade
Metro Pacific Water, a unit of Pangilinan-led Metro Pacific Investments Corp., is looking to invest P23 billion over the next five years to improve its water service portfolio in the Philippines and Vietnam.
Read more →Nextbank, Mount Carmel partner for mobile banking services
Nextbank, a Philippine banking technology company, has expanded its partnership with Mount Carmel Rural Bank Inc. through the adoption of Nextbank’s Mobile Banking Solution.
Read more →Peso falls to fresh record low of 62.40:$1
The peso weakened to another record low yesterday, closing at 62.40 against the dollar as expectations of rising treasury yields in the United States, tighter Federal Reserve policy and elevated oil prices continued to favor the greenback.
Read more →PSEi stages strong rebound from 4-day slide
The local stock market marked a triumphant return from a holiday break, kicking off the week on a high note and ending its four-day slump.
Read more →SM optimistic on sustained strong performance
SM Supermalls, the country’s largest mall developer, expects to sustain its strong business performance as the so-called “ber” months begin and is slated to open a new flagship mall in the latter part of the year.
Read more →PBBM affirms PTMP gains in 5th SONA, calls for greater cooperation as more operators and drivers consolidate
The Public Transport Modernization Program (PTMP) continues to gain momentum as more public utility vehicle (PUV) operators and drivers join the program.
Read more →Acer Day turns 10 with its biggest celebration yet
Acer marked a defining year in 2026 with the 10th anniversary of Acer Day.
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