Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
8272 articles across all sources
CLI nears 50,000 homes as regional projects earn top honors
CEBU LANDMASTERS, INC. (CLI) is approaching 50,000 homes, its chief executive officer said after the Visayas-Mindanao developer was named Best Developer at the 14th PropertyGuru Philippines Property Awards. “This is to honor my father (Jose Soberano III). He started CLI [back then] with 200 houses in 2004. We’re now approaching 50,000 houses in a few […]
Read more →GS rates may correct on US move to support bonds
RATES of the government securities (GS) to be offered this week may end mixed amid increased volume as the Treasury is set to auction off cash management bills anew, and with the United States’ effort to support long-dated bonds seen to stem the rise in yields. On Monday, the Bureau of the Treasury (BTr) will […]
Read more →Raise vape taxes to the highest rate possible
On Aug. 11, the tobacco and vape industry showed up in full force at the House Ways and Means Committee hearing deliberating the bills on vape taxes, armed with the same arguments that they have been repackaging for the past few years and have echoed around the world: that taxes on tobacco should be kept […]
Read more →SINAG warns against using weather events as pretext for farm imports
THE Samahang Industriya ng Agrikultura (SINAG) asked the government to increase support for farmers affected by Tropical Cyclones Luis, Maymay, and Neneng, as well as the enhanced southwest monsoon (habagat). SINAG Executive Director Jayson H. Cainglet proposed support for the replanting replant and recover, including the immediate distribution of seed and fingerlings, fertilizer, and other […]
Read more →Peso may move sideways on BSP meet, Iran woes
THE PESO may trade sideways against the dollar this week ahead of the Bangko Sentral ng Pilipinas’ (BSP) policy meeting, with continued global market volatility stemming from the Middle East conflict to weigh on sentiment. On Thursday, the currency gained 14.5 centavos to close at P61.67 versus the greenback from its P61.815 finish on Wednesday, […]
Read more →Debt yields mixed on Fed, BSP policy view
YIELDS on government debt ended mixed last week as concerns over elevated inflation at home and in the United States kept rate hike bets alive, with traders also positioning before the Philippine central bank’s policy meeting on Thursday. GS yields, which move opposite to prices, inched up by an average of 0.89 basis point (bp) […]
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 →Cautious trade likely before BSP policy meeting
PHILIPPINE SHARES may move cautiously this week as the market awaits the Bangko Sentral ng Pilipinas’ (BSP) review for clues on its policy direction as the conflict in the Middle East continues to weigh on domestic inflation expectations. On Thursday, the Philippine Stock Exchange index (PSEi) rose by 1.3% or 80.12 points to close at […]
Read more →Analysts warn vs changing 16-vote rule in Duterte impeachment trial
CHANGING the 16-vote threshold for conviction in the impeachment trial could create a dangerous precedent and raise questions about how the constitutional requirement should apply when some senator-judges cannot participate, political analysts said.
Read more →Court should lift wage hike injunction in the absence of bond, labor groups say
THE WRIT blocking Metro Manila’s P60 wage increase should be lifted after the employers who obtained the injunction admitted they could not post the P10-billion bond required by the court, labor leaders said, arguing that the regional trial court (RTC) has no choice but to set aside the writ unless the condition for its issuance is met.
Read more →Analysts question need for economic recovery-focused Senate body
ANALYSTS questioned the need for the Senate’s proposed Reinvigorate Investment and Sustainable Economic Growth (RISE) ad hoc committee, saying its mandate overlaps with existing bodies that already handle economic policy, investment, taxation, trade, infrastructure and public finance.
Read more →Saudel may enter PAR as super typhoon
TYPHOON SAUDEL may enter the Philippine area of responsibility (PAR) as a super typhoon on Monday, while a separate tropical depression near the country’s eastern boundary could also enter the country’s monitoring area, the state weather bureau said. Depending on the movement and intensity of the system, it may enter PAR by Monday morning or […]
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