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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

2354 articles from BusinessWorld

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BusinessWorld

SEC orders G’s Kicks to halt investment solicitation

THE Securities and Exchange Commission (SEC) has ordered G’s Kicks Billard Hall/G’s Kicks to stop allegedly offering unregistered securities through an investment scheme, citing what it described as prima facie violations of securities laws. In a notice on Tuesday, the corporate regulator said its Enforcement and Investor Protection Department (EIPD) issued a cease-and-desist order (CDO) […]

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BusinessWorld

Foreign news

WHY do we follow news from abroad? Should an upcoming mid-term election or the passage of ships elsewhere in the world be of any interest to us? And yet, we find ourselves tracking such stories. Is international news like watching a thriller with the plot twisting and turning around real characters? And yet this is […]

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BusinessWorld

BSP drafts rules for administrative cases vs supervised institutions

THE BANGKO SENTRAL ng Pilipinas (BSP) has drafted rules of procedure for the administrative proceedings it handles against its supervised institutions (BSIs) and their personnel. According to a draft circular, the central bank wants to establish a summary proceeding framework designed to resolve legal and regulatory violations of BSIs in line with The New Central […]

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BusinessWorld

Analyst sees more financial products driving Mynt growth

GCASH operator Mynt, Inc. has room to expand its financial products and services as it moves toward a planned P92.32-billion initial public offering (IPO), according to Reyes Tacandong & Co. Senior Adviser Jonathan L. Ravelas. Speaking at the Kapihan sa Manila Bay forum on Wednesday, Mr. Ravelas said Mynt could build on its existing e-wallet […]

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BusinessWorld

On the Luzon Economic Corridor and Cash IPO

The Luzon Economic Corridor (LEC) has become a major investment project of the administration; it should prosper. LEC will be linking Subic-Clark-Metro Manila-Batangas plus surrounding areas into an economic hub supported by infrastructure, efficient logistics, reliable energy, digital connectivity, and a skilled workforce. Last week, on Sept. 9, the inaugural LEC Investment Forum was held […]

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BusinessWorld

On the Luzon Economic Corridor and GCash IPO

The Luzon Economic Corridor (LEC) has become a major investment project of the administration; it should prosper. LEC will be linking Subic-Clark-Metro Manila-Batangas plus surrounding areas into an economic hub supported by infrastructure, efficient logistics, reliable energy, digital connectivity, and a skilled workforce. Last week, on Sept. 9, the inaugural LEC Investment Forum was held […]

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BusinessWorld

High-quality data, human oversight key to maximizing AI’s business value

PHILIPPINE BUSINESSES adopting artificial intelligence (AI) tools must prioritize maintaining trusted, high-quality data and human oversight to ensure informed decision-making, CIBI Information, Inc. said. CIBI President and Chief Executive Officer Pia Arellano said that while modern digital tools, especially those powered by AI, can process data at a higher scale, these cannot guarantee better decisions. […]

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BusinessWorld

Movem, Filinvest tie up on EV charging infrastructure

MOVEM Electric, Inc., the sustainable mobility arm of Manila Electric Co. (Meralco), is partnering with the Filinvest Group to develop electric vehicle (EV) charging infrastructure across the property developer’s portfolio. In a media release on Wednesday, Movem said the partnership is intended to address Filinvest’s EV charging requirements across its commercial, residential, and office developments. […]

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BusinessWorld

Mooncakes and more

WE’VE GOT just a little more than a week before the Mid-Autumn Festival lands on Sept. 25. In this city with its pronounced Filipino-Chinese population, mooncakes will be exchanged, and dinners will be had. Here are some of the options. The Peninsula Manila LIGHT UP the Mid-Autumn festivities with Peninsula mooncakes flown in especially […]

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BusinessWorld

The country’s next energy frontier

Growing up in the 1970s, I used to watch an animated TV show called Sealab 2020, a US-produced series set in an underwater research base on a seamount. The setting was, of course, the year 2020. The show’s producers imagined that humans would already be living under water in about 50 years’ time. Sealab, as […]

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BusinessWorld

UP Diliman graduates win James Dyson Award for dialysis machine

University of the Philippines Diliman graduates Andrew Jacob Buensalido and Allyson Cabrestante have been named the Philippine national winners of the James Dyson Award 2026 for developing a low-cost, semi-automated peritoneal dialysis machine designed to make home-based treatment more accessible. Their invention, BiDaKidney, aims to ease the manual work involved in dialysis treatment and help […]

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BusinessWorld

Consumer group urge NBI to investigate online counterfeit goods sellers

Consumer advocacy group Malayang Konsyumer has urged the National Bureau of Investigation (NBI) to investigate online sellers and accounts involved in the distribution of counterfeit goods, citing the continued proliferation of fake products despite takedown efforts by e-commerce platforms. In a letter to NBI Cybercrime Division Acting Chief Wilma Delgado, the group called for a […]

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BusinessWorld

Work, class suspensions likely dampened Q3 growth

ECONOMIC GROWTH likely took a hit in the third quarter as persistent rains disrupted work and classes but could rebound in the fourth quarter as infrastructure spending accelerates, Economy Secretary Arsenio M. Balisacan said. “This month, and in the previous three weeks, there’s a lot of suspension because of the habagat (southwest monsoon). Of course […]

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BusinessWorld

FSCC seeks to reinforce financial system buffers amid lingering global risks

THE FINANCIAL Stability Coordination Council (FSCC) is pursuing preemptive actions to cushion the Philippine financial system against vulnerabilities and shocks emerging from global risks.

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BusinessWorld

High bond yields complicate Philippine government’s push to boost spending

ELEVATED BOND YIELDS could put further pressure on the national budget by raising government borrowing costs and interest payments just as the administration seeks to ramp up spending to support the Philippine economy.

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BusinessWorld

Fantasy novel highlights pre-colonial artifacts

THE FIRST NOVEL by Darwin De Jesus Mariano, titled Namwaran and the Golden Tara, offers a glimpse into centuries of Southeast Asian history through an epic narrative anchored on ancient artifacts. As a historical research-based novel, it draws its foundation and inspiration from two culturally significant pre-colonial items discovered in the Philippines — the Laguna […]

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BusinessWorld

ABS-CBN to retrench about 200 workers amid weak ad demand

ABS-CBN CORP. will retrench about 200 employees, or 7% of its workforce, as the listed media company continues cost-reduction efforts amid what it described as weaker advertising and consumer spending. “After careful review, we have made the difficult decision to implement a retrenchment program to keep ABS-CBN on strong financial footing,” the company said in […]

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BusinessWorld

Shakespearean tradition in modern-day Manila

THE WORDS of William Shakespeare have found a place in today’s youth culture in Repertory Philippines’ (REP) latest production.

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BusinessWorld

MREIT secures SEC approval for P27-billion asset infusion

MREIT, Inc. has secured Securities and Exchange Commission (SEC) approval for its P27-billion Wave 5 property-for-share swap, allowing the real estate investment trust (REIT) to proceed with the transaction. The REIT of Megaworld Corp. said in a statement on Tuesday that the asset infusion would bring its assets under management to about P122 billion upon […]

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BusinessWorld

DHI shareholders approve Tampakan-linked merger

DOMINION Holdings, Inc. (DHI) shareholders have approved the company’s merger with Indophil Resources Phils., Inc. and Sonar Holdings Inc., a transaction that would give the listed holding company control of Sagittarius Mines, Inc. (SMI), which holds the Financial and Technical Assistance Agreement covering the Tampakan copper-gold project in South Cotabato. The merger was approved during […]

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BusinessWorld

Nicanor Tiongson’s many hats earn him a Nat’l Artist Award

FOR his very wide body of work, which ranges from plays and dance librettos anchored in Philippine history, to books on Philippine cinema and art, to an entire encyclopedia of the country’s arts, writer and academic Nicanor G. Tiongson is now a National Artist for Literature. This was announced through Proclamation No. 1414, officially released […]

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BusinessWorld

BTr partially awards bonds as yields jump on oil price woes

THE GOVERNMENT made a partial award of the dual-tranche Treasury bonds (T-bonds) it offered on Tuesday, rejecting all bids for the shorter tenor, as yields jumped due to rising oil prices amid the worsening conflict in the Middle East. The Bureau of the Treasury (BTr) raised just P6.032 billion via its dual-tenor T-bond offer, below […]

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BusinessWorld

Federal Land inaugurates Aki Tower, eyes another Cebu project

FEDERAL LAND, Inc. has inaugurated the Aki Tower of The Seasons Residences in Bonifacio Global City as the property developer considers another project in Cebu and takes a measured approach to future developments, Chairman Alfred V. Ty said. “We hope to do something in Cebu also and be able to, again, showcase to them the […]

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BusinessWorld

Arts & Culture (09/16/26)

FOLLOWING a staging that was part of the University of Santo Tomas (UST) Conservatory of Music’s 80th founding anniversary celebration earlier this year, Rodgers & Hammerstein’s South Pacific is back, this time at the Proscenium Theater.

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