Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1276 articles from PhilStar Business
AboitizPower retains lead in power generation market
Aboitiz Power Corp. remains the country’s leading power generation company, with its market share edging close to the limit set by the Energy Regulatory Commission.
Read more →Airfares to hit lowest levels in three months
Travelers planning to book a flight soon may find the cheapest airfares since April following the reduction of the fuel surcharge to a three-month low.
Read more →BSP raises BOP deficit forecasts
The Philippines is expected to post wider balance of payments deficits this year and next as elevated global uncertainty, weaker capital inflows and persistent energy price pressures continue to weigh on the country’s external position, the Bangko Sentral ng Pilipinas said.
Read more →DMCI bets big on oil palm plantation, targets expansion to 20,000 hectares
DMCI Holdings Inc. plans to expand its oil palm plantation to at least 20,000 hectares over the long term as it seizes opportunities in the country’s ever-growing vegetable oil market, its chairman and president Isidro Consunji said.
Read more →Fisheries output on the wane in last 5 years
The performance of the country’s fisheries sector has been declining in the last five years due to rising input costs and intensifying effects of climate change, the Congressional Policy and Budget Research Department said.
Read more →Fresh Mideast tensions seen to test stocks
The local stock market may once again make a run to hit 6,150 this week, but things are looking bleak following recent developments in the Middle East, according to analysts.
Read more →Government borrowings shrink to P108 billion
The national government’s total gross borrowings declined in May as domestic debt issuance shrank despite external financing surging more than fourfold.
Read more →Government raises growth outlook for exports, imports in 2026
The government raised its export growth outlook due to stronger demand for its top shipments while import expansion estimates were tweaked to account for the heavier cost impact of oil prices on the import bill.
Read more →Lifting of ban on new Metro Manila ecozones pushed
The Department of Trade and Industry (DTI) and Department of Finance (DOF) are pushing for the lifting of the moratorium on the processing and evaluation of applications for economic zones in Metro Manila imposed under the previous administration.
Read more →Magicians and workhorses
Many of us have been wondering why our country is now an economic basket case in a region of tiger economies.
Read more →No single technology can connect a nation, says telco chief
As new satellite providers explore opportunities in the Philippines and around the world, discussions about the future of telecommunications often focus on a single question: Will satellites replace traditional mobile networks?
Read more →Philippine turns to frozen ube imports to meet surging global demand
With ube or purple yam booming in popularity, the country has been importing frozen ube as local production fails to meet the root crop’s ever-growing demand in international markets.
Read more →‘Philippine’s data center push faces power reality check’
The Philippines has the potential to emerge as a regional data center hub, but its next challenge is ensuring that reliable, affordable power can keep pace with surging digital demand.
Read more →PSE wants to lower SME public offer size to P100 million
The Philippine Stock Exchange (PSE) hopes to entice small and medium enterprises (SMEs) to list their shares publicly by lowering the minimum offer size by 10 times to just P100 million.
Read more →Residential property prices pick up 4.5 percent in Q1
Residential property prices in the Philippines rose in the first quarter, led by higher prices in Metro Manila and a recovery in condominium values, according to the Bangko Sentral ng Pilipinas.
Read more →Rockport Power, Meralco partner for retail market push
Emerging energy retailer Rockport Power is teaming up with utility giant Manila Electric Co. (Meralco) to expand its footprint, particularly in the retail electricity market.
Read more →Shattering the luxury retail glass barrier
Perhaps it’s just me, but I somehow feel that the government and the business sector are finally synching with each other to help the economy stay on track and push forward with future development goals despite continuing geopolitical turmoil and uncertainty.
Read more →SM strengthens China presence with $70 million Xiamen hotel venture
The Sy family’s SM Prime Holdings Inc. has invested over P4 billion for its maiden hotel venture in China, a move that strengthens its strategic presence in the country where the group’s founder, the late taipan Henry Sy Sr., was born.
Read more →Beyond OTPs: New BSP Rules To Reshape MSME Payments
As the Bangko Sentral ng Pilipinas (BSP) pushes the financial sector toward stronger authentication standards, the biggest adjustments may not be happening inside banks or e-wallets but at the checkout counters of millions of small businesses.
Read more →BPI, ACEN partnership to empower Filipinos with financial knowledge
Ayala-led Bank of the Philippine Islands (BPI) continues to advance financial inclusion by strengthening financial literacy, particularly among underserved communities.
Read more →BSP flags unauthorized e-money tie-ups
The Bangko Sentral ng Pilipinas (BSP) has warned supervised institutions against extending, sharing or transferring of the authority to offer electronic money services to unlicensed partners, platforms or third-party providers.
Read more →DICT’s digital reforms strengthen accountability
The Department of Information and Communications Technology (DICT) has intensified reforms in the private express and messengerial delivery service (PEMEDES) sector.
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