Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1496 articles from PhilStar Business
New European partner set to join LEC in September
The Luzon Economic Corridor (LEC) initiative is set to welcome a new European partner next month, according to Finance Secretary Frederick Go.
Read more →Security Bank income rises 4 percent to P6 billion
Security Bank Corp. booked a four-percent increase in net income to P6.08 billion in the first half from P5.86 billion a year ago, as stronger net interest earnings and improved operating efficiency offset higher credit provisions and losses from foreign exchange and trading activities.
Read more →Philstar.com launches redesigned mobile app with new features
The redesigned app features faster article loading, text-to-speech, customizable notifications, dark mode and an app-exclusive Events section.
Read more →Home Credit Philippines names Gabriel Roxas as chief marketing officer
Home Credit Philippines has appointed Gabriel “Gabby” Roxas as chief marketing officer, effective August 3, 2026.
Read more →Consumer groups wary of vape tax loophole
Consumer groups have urged Congress to scrap what they described as a “glaring loophole” in the country’s vape excise tax system.
Read more →Philip Morris Philippines earns ‘Great Place To Work’ certification
Philip Morris Philippines has earned its first Great Place To Work certification, recognizing its efforts to build a workplace focused on trust, inclusivity, teamwork and employee growth.
Read more →Pasig court extends suspension of P85 Metro Manila wage hike
The Pasig local court further suspends the wage hike in Metro Manila.
Read more →Lopez Holdings Corp.: Notice of Annual Stockholders' Meeting on September 14
The annual stockholders’ meeting of Lopez Holdings Corporation (the “Corporation”) has been postponed to September 14.
Read more →ALI units now offer Pag-IBIG financing
Pag-IBIG Fund has partnered with Ayala Land residential brands Avida Land Corp. and Amaia Land Corp. to expand housing options for Filipino workers, including middle-income borrowers who can now access loans of up to P10 million.
Read more →Ancillary services
In a press briefing, Meralco’s Larry Fernandez, head of Utility Economics, explained that consumers will not feel the full impact of Meralco’s 59-centavo-per-kWh reduction because transmission charge increased by 30 centavos per kwh.
Read more →Ayala core earnings drop in H1 on lower real estate contribution
Core earnings of conglomerate Ayala Corp. fell by seven percent to P22.1 billion in the first half amid lower contributions from its real estate arm and reduced non-operating income.
Read more →Data centers, digital bank new PLDT growth drivers
Telco giant PLDT Inc. has found new growth drivers in its data centers and digital bank as its broadband and mobile segments struggle to overcome consumer challenges.
Read more →Direct listing of pref shares now allowed
The direct listing of preferred shares as an alternative to traditional initial public offerings (IPOs) will now be allowed as part of the Philippine Stock Exchange Inc. (PSE)’s efforts to democratize access to the stock market.
Read more →Foreign investments surge 68% to P115 billion
Foreign investment commitments approved by investment promotion agencies jumped by 68 percent in the second quarter from a year ago, with the bulk to go to manufacturing activities, according to the Philippine Statistics Authority (PS.
Read more →Hidden forex fees cost Pinoys P50 billion – report
Filipino consumers and businesses lost an estimated P50 billion to foreign exchange markups on cross-border transactions in 2024, according to global payments firm Wise.
Read more →Luzon provinces eyed as sites for nuclear power plants
Filipinos in Bataan, Palawan, Masbate, Pangasinan and Camarines Norte could soon find themselves living near the Philippines’ first commercial nuclear power plants.
Read more →Mideast firms mull oil stock piling in Philippines
Industry players from the Middle East are looking to invest in the Philippines’ planned strategic oil reserve, according to Energy Secretary Sharon Garin.
Read more →PAL plunges into net loss in H1
Flag carrier Philippines Airlines had its wings clipped by rising prices in the first half, as it incurred a net loss of $25.1 million due to a double-digit increase in fuel costs.
Read more →Philippines taps P14 billion French loan for blue economy reforms
The Philippines has tapped another P14.03-billion loan from France to finance reforms aimed at protecting marine ecosystems, expanding the blue economy and creating more sustainable livelihoods for over three million Filipinos.
Read more →Phl needs to restore investment confidence
According to the latest report of GlobalSource Partners on the Philippines written by former Bangko Sentral ng Pilipinas (BSP) Deputy Governor Diwa Guinigundo and Wilhelmina Manalac (who was also a high-ranking BSP official), the Philippine government needs to “restore the foundations for sustained, investment-led and productivity-driven growth” if it wants to truly grow the Philippine economy moving forward.
Read more →SSS eyes overseas markets as investments hit P1.27 trillion
The Social Security System had P1.27 trillion in consolidated investments as of end-June, giving the state pension fund greater room to explore opportunities overseas while maintaining its presence in the Philippine capital market.
Read more →Stocks slide as investors cash in gains
The local stock market tumbled as investors opted to take profits following a two-day climb.
Read more →The human touch in the AI Age: SuperStaff’s people-first mission to solve the global talent crisis
Forward-thinking business leaders like SuperStaff are using AI as a catalyst to elevate the standard of work. In this new model, the human worker isn't answering the basic query—they are managing, correcting, and governing what AI does not.
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