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Philippines Business News

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

10038 articles across all sources

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Manila Times Business

Perpetual scores first win, keeps playoffs hopes alive in SSL Unity Cup

MANILA, Philippines — University of Perpetual Help System DALTA outworked San Beda University in a challenging marathon showdown, 28-30, 25-19, 23-25, 25-17, 16-14, to enter the win column in the 2026 Shakey’s Super League (SSL) Unity Cup on Sunday at the Rizal Memorial Coliseum. Jemalyn Menor took over on offense but Cyrille Almeniana delivered the crucial points in the extended deciding set as the Lady Altas bounced back from an opening-day loss. Perpetual tied idle Letran in secon

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Manila Times Business

‘Moms Offering More’ Launches Limited Crewneck Collaboration With Archewell Philanthropies in Support of Alliance for Moms

VANCOUVER, Oct. 11, 2026 (GLOBE NEWSWIRE) -- Moms Offering More, a community of women supporting mothers and historically underserved families across Canada and the United States, today launched a limited-edition crewneck sweatshirt created in collaboration with Archewell Philanthropies. Four small words with one big message embroidered across the back of the sweatshirt. "It's the Little Things.” "We share one intention as parents,” said Meghan, Duchess of Sussex, "a safe and loving future for o

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Manila Times Business

Marcos warns of 'new phase of escalation' in West Philippine Sea

MANILA, Philippines — President Ferdinand Marcos Jr. on Sunday warned of a “new phase of escalation” in the West Philippine Sea following China’s reported obstruction of the medical evacuation of a sick Filipino sailor at Ayungin Shoal. Marcos said the incident was troubling because the mission involved retrieving a sick sailor for medical treatment. “He was sick. Why would we be prevented from treating one of our own who is ill?” he said. “Even in war,

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Manila Times Business

Pope Leo XIV says he will undergo surgery in the coming days to remove a nodule on his lung

VATICAN CITY — Pope Leo XIV announced Sunday he will undergo surgery in the coming days to remove a nodular lesion on his lung, in the first major health event of his 17-month pontificate. The 71-year-old Leo said the nodule was found at an early stage and was “circumscribed” or well-localized. The Vatican said Leo would undergo surgery in ”the coming days," with an expected recovery time of a week. The American pope made the announcement during his Sunday noon blessing.

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Manila Times Business

Crypto News: Remittix Sets $0.46 Final Presale Price as XRP Price Prediction Targets $20 and Zcash’s Quantum-Ready Roadmap Sparks a $3,000 ZEC Forecast

Remittix defines the final RTX pricing stage before its November launch as XRP and Zcash strengthen the market’s focus on payments, privacy and future-ready infrastructure MAJURO, Marshall Islands, Oct. 11, 2026 (GLOBE NEWSWIRE) -- Remittix has set $0.46 as the final RTX presale price and planned minimum exchange launch price ahead of the token’s scheduled November 24, 2026 market debut. RTX remains available at $0.23 during the current stage. The progression to $0.46 provides a defined pricing

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Manila Times Business

Marcos on alleged China money to VP Sara: A threat to the highest level

MANILA, Philippines — President Ferdinand Marcos Jr. on Sunday warned that allegations that businesses linked to Vice President Sara Duterte and her husband received money from China could pose a serious national security threat if proven true. Speaking to reporters in Singapore, Marcos confirmed that the government was investigating allegations raised by former senator Antonio Trillanes IV involving businesses allegedly linked to Duterte and her husband, lawyer Manases “Mans”

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Manila Times Business

Saudi Arabia extends airport closure and moves Riyadh schools online after deadly strike

CAIRO — Saudi Arabia on Sunday kept its main international airport closed and moved Riyadh schools online as Yemen's Houthi rebels threatened new airstrikes across the kingdom, a day after a missile attack killed 12 people and wounded more than 300. Saturday’s strike on King Khalid International Airport in Riyadh marked a major escalation in the war between Yemen’s Iran’s-backed Houthis and the kingdom and further complicated sputtering efforts to halt the US-Iran war. US

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Manila Times Business

UP denies La Salle fightback, snaps 2-game skid

MANILA, Philippines -- University of the Philippines denied a furious De La Salle fightback, 80-76, at the Mall of Asia Arena Sunday to snap a 2-game skid in the UAAP Season 89 men's basketball tournament. The Fighting Maroons squandered a 14-point, 67-53 lead after the defending champs Green Archers unleashed a 20-5 run capped by a Jacob Cortez trey to take a 73-72 cushion in the last 2:40. UP avoided total collapse in the battle of the finalists of the previous three seasons thanks to the clut

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BusinessWorld

Philippines sees $315-million hot money outflows in August

THE PHILIPPINES saw over $300 million in short-term foreign investments exit the country in August amid lingering global uncertainty and tighter local economic conditions, preliminary central bank data showed.

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BusinessWorld

Renewed shocks, El Niño raise risk of inflation expectations de-anchoring

REIGNITED SHOCKS amid the fresh escalation of the Middle East war and the looming “Super El Niño” have heightened the risk of de-anchoring inflation expectations, which economists said could keep the central bank on a tightening path.

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BusinessWorld

Megawide bets on housing for its next growth phase

MEGAWIDE Construction Corp. is banking on its foray into affordable and socialized housing under the government’s expanded Pambansang…

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BusinessWorld

Philippine debt service bill plunges in August

THE National Government’s (NG) debt service bill plunged by 88.55% in August as principal repayments fell sharply, the Bureau of the Treasury (BTr) said.

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BusinessWorld

Meralco rate hike set for next billing cycle

CUSTOMERS of Manila Electric Co. (Meralco) are expected to face higher distribution charges in the next billing cycle after the Energy Regulatory Commission (ERC) approved the utility’s first rate reset in 15 years.

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BusinessWorld

Three SAF projects in PHL seek equity partners

THREE proposed sustainable aviation fuel (SAF) projects in the Philippines are still seeking equity partners, according to the…

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BusinessWorld

BDO shares gain amid bargain hunting

SHARES of BDO Unibank, Inc. outperformed the broader market last week, with analysts attributing the gain partly to…

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BusinessWorld

SEC pushes closer link between sustainability, financial reporting

THE Securities and Exchange Commission (SEC) has called for closer integration of sustainability disclosures with corporate financial reporting…

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BusinessWorld

Jollibee Group, First Gen expand RE deal to 189 stores

JOLLIBEE Group has expanded its renewable energy (RE) partnership with Lopez-led First Gen Corp. to cover 189 company-owned…

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BusinessWorld

SEC green equity revisions may aid investors — analysts

PROPOSED revisions to the Philippine Green Equity label framework could give investors a more consistent basis for assessing listed companies’ environmental activities, according to market analysts.

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BusinessWorld

MGEN eyes Meralco power auction for Atimonan coal plant

MERALCO PowerGen Corp. (MGEN) is seeking to participate in its parent company’s latest power supply bidding as it…

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BusinessWorld

Ayala Land sees rail links supporting Vertis North

LISTED property developer Ayala Land, Inc. expects the expansion of Metro Manila’s rail network to improve access to…

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BusinessWorld

Villar’s majority switch raises doubts over impeachment court impartiality

SENATOR Mark A. Villar’s transfer to the Senate majority could undermine public confidence in the impartiality of Vice-President Sara Duterte-Carpio’s impeachment trial, political analysts said, amid investigations involving his family’s business interests.

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BusinessWorld

Philippines urged to boost defense spending despite military pact with France

THE PHILIPPINES should invest more in military equipment and technology to counter Chinese maritime pressure despite expanding its defense cooperation with France, security analysts said.

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BusinessWorld

Rushed 2027 budget poses bigger economic risk than delays — analysts

THE PHILIPPINES faces greater economic risks from a poorly scrutinized 2027 national budget than from a temporary budget reenactment, analysts said, as Vice-President Sara Duterte-Carpio’s impeachment trial threatens to disrupt congressional deliberations.

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BusinessWorld

CHED flagged over P6.6-B unused funds

THE COMMISSION on Higher Education (CHED) failed to use P6.61 billion in available funds in 2025, delaying scholarship…

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