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
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I woke up Tuesday morning to news of a big rally to support a senator facing plunder charges, and who supports Vice President Sara Duterte.
Read more →Factory gate prices climb faster in May
Producer prices in May rose at their highest pace in over three years, driven mainly by the increase in prices of electronic products, according to the Philippine Statistics Authority.
Read more →GEA-All suspended for 2 more months
Consumers will not pay for the green energy auction allowance in their electricity bills for another two months following the extension of its suspension until August.
Read more →Landbank OKs P800 million for Palawan microgrids
State-run Land Bank of the Philippines has granted an P800-million financing facility to Archipelago Renewables Corp. to build hybrid renewable energy microgrids across 14 underserved barangays, aiming to expand clean energy access in Palawan.
Read more →Megaworld inks 122,000 sqm lease renewals in H1
Property giant Megaworld Corp. closed the lease renewal for more than 122,000 square meters office space in the first half, lifted by recovering demand from corporate clients.
Read more →‘Meralco poised for another record year’
Tycoon Manuel V. Pangilinan is optimistic that power giant Manila Electric Co. is headed for another record year, with earnings likely to exceed its 2025 high of P50.6 billion.
Read more →Philippines pineapples arrive in UAE
Philippine pineapples have arrived in the United Arab Emirates as part of the country’s push to broaden its agricultural export markets, the Department of Agriculture said yesterday.
Read more →Stocks drop as investors take profits
Investors yesterday locked in on gains and reorganized their stocks ahead of an uncertain second half, snapping the local stock market’s three-day winning streak.
Read more →Tough times
In less than a month, BBM will be delivering his State of the Nation Address.
Read more →US-based Philippines Global Media Group to hold induction in August
The Philippine Global Media Group will hold its induction of officers and gala night on Aug. 8 at the Crystal Ballroom of the Sheraton Cerritos Hotel at 12725 Center Court Drive, Cerritos.
Read more →ERC cites Yuchengco’s MGI for outstanding operational performance
In selecting MGI for the Geothermal Generation category, ERC highlighted its “significant contribution to the stability, adequacy, and resilience of the Philippine power system.
Read more →COMMENTARY: The tipping point for AI glasses
AI glasses sit at the center of that shift.
Read more →‘Accountability for Visayas power woes begins with DOE’
Who should ultimately be held accountable for the recurring grid alerts and power outages in the Visayas?
Read more →BSP pushes AI governance framework for financial stability
The Bangko Sentral ng Pilipinas is urging banks and nonbanks to craft their artificial intelligence governance frameworks to address adoption risks, such as data privacy concerns, bias and reputational damage.
Read more →Ecozone investments nearly double in H1
Investments approved by the Philippine Economic Zone Authority surged by 94 percent in the first semester, putting the agency on track to hit its target.
Read more →Further BSP tightening to cushion peso fall
Extended policy tightening by the Bangko Sentral ng Pilipinas could help cushion the weakening of the peso against the dollar, barring any further price energy price shocks.
Read more →GCash parent files record P92.3 billion IPO
The parent firm of e-wallet giant GCash has filed for a P92.3-billion initial public offering at the Philippine Stock Exchange, an offer set to become the largest in history.
Read more →Globe lights up satellite service for mobile phones
Globe Telecom Inc. has launched its satellite-to-mobile service to the public, offering subscribers connectivity access even in areas without terrestrial coverage.
Read more →Government urged to take active role in digital infrastructure financing
A consumer advocacy group has urged the government and development finance institutions to take a more active role in financing the country’s digital infrastructure, warning that the Philippines risks falling behind global standards if it continues to rely primarily on telecommunications companies to fund the country’s digital transformation.
Read more →ICC clears LRT-1 South common station, 3 others
The Investment Coordination Committee-Cabinet Committee has approved four public investment projects, including the Light Rail Transit Line 1 common station.
Read more →Nearly 200 power firms face DOE blacklisting
At least 175 power producers are at risk of blacklisting over prolonged plant outages that have strained the country’s electricity system and triggered blackouts, according to the Department of Energy.
Read more →NFA grain testing upgrade gets P124 million Japan funding
The National Food Authority will receive P124 million in funding from the Japanese government to fund upgrades for its grain quality testing systems, a move that could help reduce post-harvest losses.
Read more →ONWARD launched in push for non-woven textiles
The Department of Science and Technology – Philippine Textile Research Institute will launch ONWARD: Philippine Non-woven Textile Innovation on July 1, at the SM North EDSA Annex Atrium, introducing non-woven textiles developed through specialized machines and facilities to advance sustainable, natural fiber–based alternatives to synthetic plastics across a wide range of applications.
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