Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
10036 articles across all sources
A call to prepare for El Niño
El Niño is rapidly developing and the time to prepare is now.
Read more →‘BSP regulatory relief credit negative for banks’
The Bangko Sentral ng Pilipinas temporary regulatory relief for banks may help cushion capital ratios from market volatility, but Moody’s Ratings warned that the move is credit negative as it reflects rising pressure from higher bond yields and unrealized losses on investment securities. In a report, Moody’s said the BSP’s relief measure allows banks to exclude valuation losses on peso-denominated government securities measured at fair value through other comprehensive income from the computatio
Read more →Coins.ph expands to Europe, UK
Coins.ph is expanding its financial services footprint into Europe and the United Kingdom through a partnership with London-based payments infrastructure provider Clear Junction, marking another step in the Philippine digital wallet’s push to grow its international business.
Read more →DICT rolls out rider IDs
The Department of Information and Communications Technology rolled out digital IDs for delivery riders yesterday, a move meant to curb fraud, protect consumers and finally give legitimate couriers the recognition they’ve long lacked.
Read more →DOTr pitches rail PPPs to investors in Singapore
The Department of Transportation presented to foreign investors in Singapore some of the railway contracts they can participate in through public-private partnerships.
Read more →Emperador sees sustained growth momentum this year
Emperador Inc., a diversified global liquor conglomerate, expects to sustain growth this year amid a resurgence in the brandy segment and improvement in the whisky market.
Read more →First Gen ‘keeping an eye’ on nuclear power venture
First Gen Corp. is sharpening its low-carbon strategy, with nuclear power emerging as an increasingly attractive opportunity amid growing national momentum for the technology.
Read more →Globe gets P5 billion BDO loan for capex, debt payments
elco-to-tech giant Globe Telecom Inc. has borrowed P5 billion from the country’s largest bank to partly fund its capital expenditures and debt payments.
Read more →Gokongwei invests P2.02 billion in PhilWeb
Tycoon Lance Gokongwei is investing P2.02 billion for a minority stake in listed gaming service provider PhilWeb Corp.
Read more →Inflation, geopolitical tensions slash pre-need profit 88% in Q1
The Philippine pre-need industry took a hit in the first quarter, with net income plummeting by 88.1 percent due to weaker trust fund income amid geopolitical tensions and inflationary pressures.
Read more →Meralco seeks bids for 600-MW baseload power supply deal
Power giant Manila Electric Co. has opened the bidding for its 600-megawatt baseload electricity requirement, aiming to secure a multi-year supply to keep the lights on in its franchise area.
Read more →No Philippines stagflation, high Vietnam industrialization
Recently, disinformation like the Philippines is in “stagflation” has been coming out more frequently. I say disinformation because people who use it do not really understand the term, much less can quantify the term.
Read more →PEZA-approved RE investments hit P97 billion
The Philippine Economic Zone Authority has approved P97 billion worth of renewable energy (RE) investments, reflecting confidence in the country’s energy sector.
Read more →Philippines bans imports of bioethanol feedstock
The country has banned the importation of bioethanol feedstock, including molasses and other sugar products, the Sugar Regulatory Administration said.
Read more →Shakey’s Pizza starts store shakeup
Shakey’s Pizza Asia Ventures Inc., one of the leading restaurant and kiosk chain groups in the Philippines, said it is not letting a good crisis go to waste as the company moves to restructure and rationalize its store network this year.
Read more →S&P cuts Philippines growth outlook to 4.1% in 2026
S&P Global Ratings has sharply lowered its growth outlook for the Philippines this year as weak consumer demand, a prolonged pullback in infrastructure spending and elevated energy prices weigh on economic activity.
Read more →Stocks drop below 6,000 on growth concerns
\The local stock market tumbled below the 6,000 level as concerns on the country’s economic growth dampened investor sentiment.
Read more →WomenBizPH and Indian Women in Enterprise team up
The Women’s Business Council Philippines and Indian Women in Enterprise formalized a Partnership Agreement to advance regional trade, women entrepreneurship, and cross-border business collaboration.
Read more →Japan says that China has detained 2 of its citizens suspected of smuggling banned items
TOKYO — China has detained two Japanese citizens suspected of smuggling items prohibited from import or export, a Japanese official said Wednesday, in a case reportedly linked to rare earths, critical materials that are largely controlled by Beijing. Japans's Chief Cabinet Secretary Minoru Kihara told reporters in Tokyo that Japanese consular offices in Shenyang and Dalian were notified by the Chinese customs authorities that the two Japanese nationals were detained, one on May 18 and anot
Read more →Allied Biofuels Signs FEED + Detailed Engineering Contract with Rollover to EPC with Sinopec Engineering Group for US$6.1 Billion SAF and e-SAF Project in Uzbekistan
Meeting Meeting Meeting 2 Meeting 2 TASHKENT, Uzbekistan, June 24, 2026 (GLOBE NEWSWIRE) -- During the 5th Tashkent International Investment Forum, Allied Biofuels signed a FEED + Detailed Engineering Contract with rollover to EPC with Sinopec Engineering Group Co., Ltd., for its landmark SAF and e-SAF Project in Uzbekistan. The FEED + Detailed Engineering Contract establishes the engineering pathway for the project’s planned rollover to EPC, with Sinopec Engineering Group undertaking front-end
Read more →Continuation of the implementation of Atos Group’s refinancing strategy
Press Release Continuation of the implementation of Atos Group’s refinancing strategy Paris, France - June 24, 2026 - Following the press release dated 12 May 2026 regarding the successful issuance of new €1,250 million of senior secured notes, Atos Group confirms that it has: fully and as a priority repaid its 1L term loan facility, including the related cash and accrued PIK interest; andlaunched an offer to purchase its 1L notes, including the related cash and accrued PIK interest. Atos Group
Read more →EliteClouds.com - Why the Smart AI Play Is Selling Shovels, Not Digging for Gold
NEW YORK, June 24, 2026 (GLOBE NEWSWIRE) -- What EliteClouds.com does EliteClouds operates a GPU cloud-rental model: it acquires physical GPU hardware and rents that compute capacity to AI and enterprise clients who need it. Participants can own a full GPU unit or a fractional share of one, and earn a share of the rental income the hardware generates - positioning it as infrastructure income rather than speculation on token prices or model hype. The emphasis throughout is on the asset itself: re
Read more →Build Show LIVE Expands Texas Presence with San Antonio Debut September 10-12 as Southern Construction Boom Accelerates
Annual trade event increases to 50+ education sessions as Texas leads nation in new-home construction growth SAN ANTONIO, June 24, 2026 (GLOBE NEWSWIRE) -- Build Show LIVE, the South's premier educational event for builders, contractors, and tradespeople, returns as the Texas construction boom accelerates. The third iteration of Build Show LIVE will take place at San Antonio's Henry B. González Convention Center September 10-12, featuring the most comprehensive education line-up yet, including o
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