Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1264 articles from PhilStar Business
BSP to tighten oversight of banks, e-money issuers
The Bangko Sentral ng Pilipinas is preparing to roll out a new risk-based supervisory model that will tighten oversight of banks and non-bank electronic money issuers based on their potential to harm consumers and their ability to address financial consumer protection risks.
Read more →DA asks traders to halt 5% broken rice imports
Local rice traders have been asked to stop importing five percent broken rice varieties which could compete with the incoming local harvest, Agriculture Secretary Francisco Tiu Laurel Jr. said.
Read more →Good news and bad news
In a simple one paragraph response, the Department of Finance responded yesterday to the World Bank’s announcement that the Philippines has now reached the threshold of an upper-middle income country.
Read more →Government debt piles up to record P18.55 trillion
The Marcos administration’s outstanding debt climbed to P18.55 trillion as of end-May, lifted by fresh domestic borrowings to cover funding needs amid the ongoing war in the Middle East, although the appreciation of the peso against the dollar helped temper the increase, the Bureau of the Treasury said.
Read more →GT Capital executive Jose Crisol passes away
GT Capital Holdings Inc., the diversified conglomerate of the Ty family, has announced the passing of longtime executive Jose Crisol Jr.
Read more →Korean universal health care
Universal health care is a basic human right that is part of the social compact.
Read more →Market cheers Philippines rise to upper-middle income status
The local stock market advanced for a second consecutive session as investors cheered positive macroeconomic developments, including the Philippines’ ascent as an upper-middle income economy.
Read more →Maynilad secures P2 billion loan from CTBC Bank
West Zone concessionaire Maynilad Water Services Inc. has secured a P2 billion loan from CTBC Bank (Philippines) Corp. to support its capital spending program.
Read more →On Roblox, Pinoy kids preyed on by violent extremists
A message arrived on the group chat of seven 15-year-olds in Calamba, Laguna, coming from a “friend” they met on Roblox. It contained a link.
Read more →Philippines urged to recalibrate borrowing program after UMIC upgrade
The Philippines may need to rethink its borrowing strategy after clinching upper-middle income country status, as this could gradually close the door on cheap loans and aid from development partners, analysts said.
Read more →QR Ph now dominates PayMongo payments
QR Ph has overtaken cards and e-wallets as the top payment channel among businesses using PayMongo, as more Filipino merchants shifted to mobile-native payment methods from January to June.
Read more →Senate tackles proposals to amend oil deregulation law
The Senate energy committee under new chair Erwin Tulfo yesterday tackled bills to amend the oil deregulation law and give the government more control over fuel pricing.
Read more →SM Group hauls corporate governance awards
The Sy family’s SM Group has strengthened its governance, sustainability, investor relations and corporate leadership amid an increasingly complex global operating environment.
Read more →Government debt climbs to P18.55 trillion in May
The national government of the Philippines owes a total of P18.55 trillion as of end of May 2026.
Read more →More jobs seen after Philippines’ upgrade to middle-income status
Executive Secretary Ralph Recto welcomed the Philippines' official graduation to upper middle-income country (UMIC) status.
Read more →SMDC makes homeownership more rewarding from day one
A new partnership with SMAC gives homebuyers added value beyond their investment.
Read more →Philippines lifted to upper-middle income status
The Philippines has moved up the World Bank's classification. What does it mean?
Read more →About 95% of P1.5 trillion revenues distributed across broader economy – SMC
Diversified conglomerate San Miguel Corp. said that about 95 percent of its total revenues in 2025 have been distributed across the broader economy, supporting businesses, jobs, public revenues and economic activity.
Read more →AUB maps out AI-led growth plan
Asia United Bank Corp. is leaning on artificial intelligence and a stronger capital base to sustain growth after posting record earnings in 2025, as the banking industry faces a tougher operating environment marked by inflation risks, peso volatility and global uncertainty.
Read more →BSP digital currency pilot shows promise for large-value payments
The Bangko Sentral ng Pilipinas pilot test for a wholesale central bank digital currency (CBDC) showed that digital tokens can help banks settle large-value transactions beyond normal business hours, but the central bank still needs to address legal, regulatory, cybersecurity and scalability issues before any full rollout.
Read more →‘Congestion to affect 88% of Asian airports by 2040’
Airports in Asia-Pacific may face congestion by 2040, prompting a need to decide on what next gateways to build, the International Air Transport Association said.
Read more →DoubleDragon bringing Hotel101 to Thailand
DoubleDragon Corp., the listed company chaired by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, is bringing Hotel101 to Thailand through a partnership with property developer Origin Property Public Co. Ltd.
Read more →DTI, cement makers roll out decarbonization roadmap
Cement manufacturers are aiming to reduce carbon emissions, while producing high quality cement to support the country’s infrastructure development under a roadmap launched in partnership with the government.
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