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🇵🇭 Local Market Intelligence

Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

8301 articles across all sources

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BusinessWorld

InstaPay, PESONet transfers hit P19.16 trillion amid fee waivers

DIGITAL PAYMENTS continued to grow, with recent transfer fee waivers driving transaction volumes in InstaPay and PESONet to more than double as of July, Bangko Sentral ng Pilipinas (BSP) data showed. In the first seven months of the year, the combined value of InstaPay and PESONet transfers amounted to P19.162 trillion, up 44.82% from the […]

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BusinessWorld

First Gen falls after parent rejects KKR offer

SHARES of Lopez-led First Gen Corp. (FGEN) fell last week as investors took profits after parent First Philippine Holdings Corp. (FPH) rejected a proposal from global investment firm Kohlberg Kravis Roberts & Co. L.P. (KKR) to acquire part of its stake and launch a tender offer for the power producer’s public float. Philippine Stock Exchange […]

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BusinessWorld

Single-Digit Poverty: Historic milestone, or a trick of the ruler?

A data reality-check on the government’s poverty numbers When the Philippine Statistics Authority (PSA) announced that poverty incidence had fallen to 9.7% in 2025 — the first single-digit reading in the country’s history — the government understandably claimed victory. But layer that headline against the labor market, inflation, and regional data sitting right beside it, […]

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BusinessWorld

BatStateU opens country’s first Industry-Based Learning engineering campus at LIMA Estate

Batangas State University-The National Engineering University (BatStateU The NEU) formally opened its LIMA Campus on Aug. 17, welcoming over 800 inaugural engineering and technology students to the country’s first campus built around an Industry-Based Learning (IBL) model. Unlike traditional engineering programs that defer practical application to senior-year internships, BatStateU’s IBL framework embeds industry exposure into the […]

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BusinessWorld

FedEx, JA Philippines name student finalists for regional trade competition in Singapore

Six secondary school students across three teams have been selected to represent the Philippines at the Asia-Pacific regional finals of the 2026 FedEx / Junior Achievement International Trade Challenge (FedEx / JA ITC) in Singapore this August. Now in its 17th year in the country, the program — co-organized by Federal Express Corp. (FedEx) and nonprofit organization […]

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BusinessWorld

Car Shopping 101

AND SO I COME full circle. Those of you who read the byline, find it familiar but are quite confused, you’ve probably been following the motoring world for quite some time now.

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BusinessWorld

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 […]

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BusinessWorld

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 […]

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BusinessWorld

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 […]

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BusinessWorld

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 […]

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BusinessWorld Banking

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, […]

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BusinessWorld Banking

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) […]

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PhilStar Business

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.

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PhilStar Business

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).

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PhilStar Business

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).

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PhilStar Business

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.

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PhilStar Business

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.

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PhilStar Business

Lies, damn lies and statistics

“There are three kinds of lies: lies, damned lies and statistics.”

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PhilStar Business

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.

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PhilStar Business

‘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.

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PhilStar Business

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

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PhilStar Business

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.

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PhilStar Business

Splash brothers want another shot at beauty products

The Splash brothers are pursuing another title.

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PhilStar Business

The long bond strikes back

The world’s biggest bond market sent a warning last week.

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