Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1252 articles from PhilStar Business
The price of inclusion
Eleven years ago, I stood before an audience at the Microfinance Council of the Philippines Annual Conference and made the case for electronic payments as a driver of inclusive growth.
Read more →When a theory is no match to practical knowledge
A cocky management consultant on vacation sits next to a farmer on a three-hour train ride to a rural town.
Read more →Oil price rollback set in first week of September
Motorists will get some relief at the pump Tuesday.
Read more →ALI reinforces sustainability drive
Property giant Ayala Land Inc. (ALI) continues to advance its sustainability performance after being named among TIME’s World’s Most Sustainable Companies for the second consecutive year.
Read more →Alliance Global shifts key properties to clean power
Alliance Global Group Inc. (AGI) of tycoon Andrew Tan has installed renewable energy in its key properties and facilities across Metro Manila, Iloilo and Davao.
Read more →BSP plans liquidity tests for big banks
The Bangko Sentral ng Pilipinas (BSP) plans to require domestic systemically important banks to maintain access to its short-term lending facility and to test that access every year, as part of reforms intended to speed up liquidity support during periods of funding stress.
Read more →Budget airlines to boost seat capacity in Q4
The country’s budget carriers are increasing seat capacity by up to 10 percent to end the year, as they look to salvage what remains of Philippine demand at a time when fares have been rising.
Read more →DOE plans to restart coal capacity buildup
The Department of Energy (DOE) is seeking to fast-track up to 5,000 megawatts of new coal-fired capacity to avert blackouts as the country ramps up its rollout of renewable power.
Read more →Focus on ancillary!
After all the brouhaha over systems losses being blamed for rising electricity bills, the best that our government can do is to offer to remove the 12 percent VAT on systems losses. That’s peanuts. Our government can certainly do more.
Read more →Government borrowings surge to P291 billion
The Marcos administration’s gross borrowings jumped by more than 75 percent in July from the previous year, driven by a surge in domestic borrowing as the government moved to plug the budget gap.
Read more →Hawkish Warsh in Jackson Hole
Last Friday, Fed Chair Kevin Warsh delivered his first Jackson Hole speech.
Read more →Poll: Inflation likely eased slightly in August
Inflation may have stayed above six percent in August as higher food and fuel prices, weather-related supply disruptions and the peso’s weakness kept price pressures elevated, economists said.
Read more →Prince Retail partners with Capillary to scale AI-driven loyalty
Prince Retail, which operates 79 Prince Hypermart stores nationwide, has partnered with Capillary Technologies to strengthen its customer loyalty and engagement program, Prince Royalty.
Read more →PSE eyes relaxed rules for SME listing sponsors
The Philippine Stock Exchange Inc. (PSE) plans to relax its rules for listing sponsors of companies eyeing the small, medium and emerging (SME) board in line with its efforts to attract more small and medium companies to go public.
Read more →Share offering applications can now be made online – SEC
All applications for public offerings to the Securities and Exchange Commission (SEC) will now be submitted online as part of the agency’s continuing initiatives to improve the ease of doing business in the county.
Read more →Stocks expected to recover this week
The local stock market is expected to bounce back this shortened trading week after taking heavy losses last week.
Read more →When it rains, it pours
Sad to say, but I finally have to agree that the flood-control projects being undertaken — that I had high hopes for would finally address our flooding problem — are now proving to be still woefully inadequate.
Read more →Full transparency in 2027 budget sought
The Management Association of the Philippines is urging all government agencies and branches involved in the 2027 budget process and implementation to ensure transparency and accountability in the use of public funds.
Read more →JuanHand rolls out top-up loans for existing borrowers
Digital lending platform JuanHand has introduced a top-up loan facility that allows qualified users to borrow additional funds even before fully repaying an existing loan.
Read more →Philippines pursuing first coal-blending terminal
The Philippines is looking to establish its first coal terminal where domestic coal can be processed and blended for power generation, helping reduce its reliance on imports from Indonesia.
Read more →Sending the wrong signal
We have a law that penalizes pilferage, or stealing electricity, but the practice largely remains unchecked.
Read more →Viber launches eSIM service in Philippines
Messaging app Rakuten Viber has entered the eSIM market in the Philippines, offering Filipinos roaming services whenever they go abroad to stay connected.
Read more →British Chamber reinforces UK meat exports to assist on inflation, supply
The British Chamber of Commerce Philippines echoes the concern of the industry groups on the Department Order No. 25 by the Department of Agriculture, noting the imposition of volume-based special safeguard measures on agricultural commodities such as meat of bovine, meat of swine and chicken curry for retail sale.
Read more →