Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1505 articles from PhilStar Business
Trump admin predicts US trade war 'devastating' for Canada
Canada said it would retaliate with levies targeting US steel and dairy industries.
Read more →Hong Kong's new frontier: Where the Philippines grows global
In little more than a decade, the Philippines has built a formidable dual engine of growth—a manufacturing base exporting electronics and components to every major market, powered by one of the world's largest and youngest English-speaking workforces.
Read more →Smart gains mobile video experience award
Smart Communications Inc. (Smart) has been recognized by Ookla, a global leader in network intelligence and connectivity insights, for delivering the Best Mobile Video Experience in the Philippines for the second consecutive year.
Read more →BSP widely expected to hike rates by 25 bps
The Bangko Sentral ng Pilipinas (BSP) is widely expected to raise interest rates for a third straight meeting on Thursday as above-target inflation, a weak peso and mounting external risks outweigh concerns over a sharp slowdown in economic growth.
Read more →Budgetary support to GOCCs surges in H1
Government subsidies to state-owned corporations more than doubled in the first half of 2026, driven largely by the restoration of funds to the Philippine Health Insurance Corp. (PhilHealth).
Read more →DOE: 40 erring power firms face suspension
The government is cracking the whip on non-compliant power generation companies, with at least 40 gencos facing suspension for continuing to snub show-cause orders (SCOs).
Read more →Farm group urges priority support for local producers
The Samahang Industriya ng Agrikultura (SINAG) has called on the government to prioritize support to local producers affected by the recent storms that battered the country.
Read more →Fitch sees slower Philippines fiscal consolidation
The Philippines may take a slower fiscal consolidation path as sluggish economic growth complicates the country’s ability to trim its budget deficit, according to Fitch Ratings.
Read more →Lies, damn lies and statistics
“There are three kinds of lies: lies, damned lies and statistics.”
Read more →Market to remain volatile
Volatility is expected to prevail in the local market this week, with investors keeping an eye on the results of the Bangko Sentral ng Pilipinas (BSP)’s upcoming policy meeting.
Read more →‘Persistent BOP deficit, dwindling forex reserves add pressure to peso’
The Philippines needs to strengthen its sustainable sources of foreign exchange as persistent balance of payments (BOP) deficits and further declines in reserves could increase the economy’s vulnerability to external shocks and put more pressure on the peso, according to GlobalSource Partners.
Read more →Phl should diversify economic engagements
The continuing geopolitical turmoil stemming from US President Donald Trump’s tariff restructuring and its conflict with Iran — aggravated by the Philippines’ strained relationship with China over geopolitical issues — has put the Philippine economy and the Filipino business community perilously navigating the currents that threaten to upend the local economy and leave it further behind in attaining economic prosperity compared with its 10 Association of Southeast Asian N
Read more →Raslag hunts for new renewable power bets
Nepomuceno-led Raslag Corp. stays on the hunt for new renewable energy investments as it enters its next expansion phase and targets a bigger role in green power biddings.
Read more →Splash brothers want another shot at beauty products
The Splash brothers are pursuing another title.
Read more →The long bond strikes back
The world’s biggest bond market sent a warning last week.
Read more →Visayas under yellow alert from 6 to 9 p.m. on August 23 — NGCP
The Visayas power grid was placed under yellow alert on Sunday, August 23, following forced generator outages and derated plant capacities that took more than 900 megawatts (MW) offline.
Read more →NAIA Terminal 1 to experience power interruptions from August 24 to 26
Travelers passing through Ninoy Aquino International Airport (NAIA) Terminal 1 are advised to expect brief power disruptions starting Monday night, August 24, due to scheduled preventive work on the terminal’s electrical infrastructure.
Read more →Asia-Pacific central banks form task force against digital scams
The Bangko Sentral ng Pilipinas and other central banks in Asia-Pacific are forming a task force to strengthen information sharing against digital scams as financial authorities step up cooperation on emerging risks to the financial system.
Read more →Australian health care provider eyes BPO operations in Philippines
Australian health care provider Kairos Care or Kairos Medical Group is looking to set up information technology-business process outsourcing operations in the Philippines.
Read more →BankCom to tap bond market anew
San Miguel-led Bank of Commerce is looking to tap the domestic bond market again later this year as it prepares to fund future growth while maintaining a cautious lending stance amid elevated interest rates and geopolitical uncertainty.
Read more →BSP pushes lower costs, easier access to services
Lower transaction costs and easier access to financial services remain crucial to bringing more Filipinos into the formal financial system, according to the Bangko Sentral ng Pilipinas.
Read more →Digital banking’s next test: Resilience, trust and deeper credit access
Digital payments have moved from being a matter of convenience to becoming part of the Philippines’ critical economic infrastructure, raising the stakes for banks, fintech firms and regulators to keep transactions running, protect users from fraud and turn digital access into broader financial participation.
Read more →Government eyes retail bond offering in H2
The Philippines is still planning to return to the retail bond market this year, giving small investors another opportunity to buy government securities, the Bureau of the Treasury said.
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