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
PSEi notches higher on last-minute buying
The local stock market eked out a win yesterday amid some last-minute buying from investors.
Read more →‘Slow growth, high inflation pose challenge to poverty reduction’
Despite last year’s progress, weak growth and high inflation are complicating further poverty reduction efforts, making it harder to achieve the eight to nine percent poverty rate goal by 2028, according to economists.
Read more →SM Prime’s Premier Suites draw strong corporate demand
SM Prime Holdings Inc. is seeing strong corporate demand for its Premier Suites at the newly launched SM Seaside Cebu Arena.
Read more →SRA tightens imports of artificial sweeteners
The Philippines has tightened its importation policy on artificial sweeteners amid growing concerns from the sugar industry over their continued threat to local producers.
Read more →Easy-to-use GCash payment solutions help Filipino MSMEs grow their businesses
G-Xchange Inc. President and CEO Ren-ren Reyes, in a speaking engagement at the ANT Mo:Ments summit in Kuala Lumpur, Malaysia, stressed that digital tools must not only enable micro, small, and medium enterprises (MSMEs) to access digital payments but also improve the way they run their businesses.
Read more →Price Tracker: Oil, fuel monitor for Aug. 18-24
Here are the estimated new prices of local fuel products based on the latest price adjustments announced by Department of Energy.
Read more →ABS-CBN strays further from return to profitability
ABS-CBN Corp.’s new investors are entering the company at a more precarious state, as its first-half losses doubled to P1.83 billion, pushing it further from profit return.
Read more →Consumer groups: Vape tax loophole a gift to illicit traders
Consumer advocacy groups have urged Congress to scrap what they described as a “glaring loophole” in the country’s vape excise tax system, warning that the current distinction between nicotine salt and freebase nicotine allows unscrupulous operators to misdeclare products, evade taxes, and rob the government of much-needed revenues.
Read more →Dairy imports grow 2% in first semester
The country’s dairy imports increased by two percent to over 1.7 million metric tons in liquid milk equivalent in the first half of 2026, according to the National Dairy Authority.
Read more →Digital payments now make up 64.7% of Philippines retail transactions
Digital payments accounted for 64.7 percent of total Philippine retail transactions by volume in 2025, up from 57.4 percent a year earlier as the shift toward electronic payment channels continued to gain ground, according to the Bangko Sentral ng Pilipinas.
Read more →DoubleDragon off to roaring start in H1
DoubleDragon Corp., the listed company chaired by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, came out roaring in the first six month of the year as core earnings more than doubled.
Read more →First Holdings thumbs down KKR offer
First Philippine Holdings Corp. of the Lopez Group has rejected Kohlberg Kravis Roberts & Co. L.P. proposal to buy a portion of its stake in First Gen Corp., saying that the offer does not represent the listed power firm’s true value.
Read more →More BYD models coming as EV demand heightens
New energy vehicle maker BYD is looking to strengthen its presence in the Philippines by expanding its offerings amid rising demand for electrified vehicles.
Read more →Perks cleared: BIR simplifies tax rules on club shares held in trust
If your company owns shares in a proprietary club, chances are those shares are not sitting in the name of the corporation.
Read more →POGO ban, tax reforms boost Philippines gaming revenues last year
The nationwide ban on Philippine offshore gaming operators coupled with the reduction in gaming-related tax rates lifted the gaming industry’s revenues to a record level last year, an online casino brand said.
Read more →Poka-yoke: Stop mistakes before they cost you
A man stopped at a countryside coffee shop and ordered a cup of coffee.
Read more →PSEi dips below 6,300 on lack of fresh leads
The local stock market opened the week in the red territory as investors stayed on the sidelines amid lack of fresh leads.
Read more →RCBC joins BSP-backed direct debit network
Rizal Commercial Banking Corp. has become one of the first banks to go live on Direct Debit PH, allowing businesses to automatically collect recurring payments from customers even if their accounts are held with different financial institutions.
Read more →Remittances hit year-high in June
Remittances from overseas Filipino workers rose to $3.39 billion in June, the highest monthly level since December last year, as money sent home continued to support household spending despite a moderation in the growth of cash transfers.
Read more →Rice self-sufficiency rises to 78% in 2025
The country’s self-sufficiency in rice expanded in 2025, driven by the decline in imports which boosted reliance on domestic production.
Read more →San Miguel core profit jumps 48% to P54.2 billion
Diversified conglomerate San Miguel Corp. saw its core profit expand by nearly half in the first six months as the group’s businesses stayed resilient despite volatile global markets, higher costs and cautious consumer spending.
Read more →Shell swings to P2.7 billion loss amid Mideast crisis
Oil giant Shell Pilipinas Corp. suffered a net loss of P2.7 billion in the first half as continued oil price volatility stemming from the Middle East conflict hammered its operations.
Read more →‘Tighter bank credit adds to Philippines growth pressures’
Tighter lending conditions for both households and businesses could emerge as another drag on Philippine economic growth in the second half, as banks turn more cautious and higher interest rates increasingly filter through to borrowers, a global bank economist said.
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