Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
230 articles from Rappler Business
PH’s 12% VAT yields no more than Thailand’s 7%; World Bank urges collection fix
The same implementation problem extends beyond taxes. Philippine business regulations nearly match Singapore’s on paper, but the country trails sharply in public services and day-to-day delivery, says the World Bank.
Read more →Buying into the Lopez empire: ABS-CBN or Lopez Inc?
A Lopez Inc.-level deal is more radical because it goes straight to the family battlefield. Here's our exclusive take on the options at the table.
Read more →World Bank sees promise in Pax Silica. Can PH build more than another assembly hub?
Pax Silica wants to become the Philippines’ Silicon Valley, but tycoon Manny Pangilinan warns the government to choose its place in the technology value chain carefully lest it remain stuck in the 'basement'
Read more →Flood control corruption cleanup spooks investors, drags PH growth – World Bank
Scrutiny triggered by corruption in flood control projects spoils investor confidence and is a key factor why the World Bank cut its 2026 Philippine growth forecast to 3.7% from 5.3%
Read more →Fuel price rollback set for August 4 after weeks of hikes
The latest rollback suggests some easing after global oil and refined fuel prices surged in late July due to renewed tensions in the Middle East
Read more →Forgot to top up? GCash users can soon pay QR purchases with linked Visa cards
Once launched, GCash users can scan a merchant's QR code and pay directly with their linked Visa debit or credit card without having to draw form their wallet balance
Read more →Meralco customers to pay P595M for system loss, after Marcos SONA call
This is just part of the P8.7 billion in unrecovered pass-through costs that the Energy Regulatory Commission has allowed Meralco to collect over three years, in a newly released decision
Read more →[Finterest] Want kids to save early? Here’s what BPI’s ‘Lolo’ TG Limcaoco has to say
If you ask the topshots at the country's oldest bank, financial stability is all about starting young
Read more →ERC orders Meralco to refund customers P9.5 billion over 6 months
The refund adds to growing scrutiny of Meralco’s electricity charges following President Ferdinand Marcos Jr.’s push to remove system loss charges
Read more →Agent GoBio? This CEO gets an offer to be ‘part of the NBI family’
Had it been a serious exchange, the investigative agency would have benefited from Robinsons Land Corp. CEO's skills in math
Read more →Can SM Prime’s Seaside Arena aid Cebu’s recovery from 2025 tourism slump?
Following the wishes of his late father Henry Sy Sr., SM Prime chairman Hans Sy says the launch of the largest arena facility in the Visayas is only an initial piece of a 20-year plan
Read more →[Vantage Point] From PrimeWater to Hiraya: The P6.7-B question
Can a corporate transfiguration wash away years of public distrust?
Read more →Meet the Filipino founders building businesses on TikTok Shop, Shopee
From contact lenses and Mangyan honey to baby clothes and the latest gadgets, here's how Filipino entrepreneurs are using e-commerce platforms to turn their dreams into businesses
Read more →Why Metro Manila’s ‘historic’ P85 wage increase was put on hold
The implementation of the minimum wage increase is halted until at least August 13 by a temporary restraining order issued by a Pasig Regional Trial Court
Read more →Senior citizens: The forgotten sector in Marcos’ 2026 SONA
Around 80% of Filipino seniors do not hold formal pensions from the SSS or GSIS, leaving them completely unprotected against inflation or sudden medical shocks
Read more →Maharlika Fund: A top taxpayer with billions barely invested
Three years after its creation, the overwhelming majority of Maharlika's capital still sits in banks collecting interest, though the sovereign wealth fund has cautiously started investing in ports, power, and mining
Read more →Who comes after MVP? Pangilinan has successors in mind.
The 80-year-old tycoon says the next crop of leaders will be in their 30s or early 40s, adding that they can't be 'the run-of-the-mill legacy guys majored in HRM or home economics'
Read more →Refreshed Alabang Town Center? What shoppers can expect now that Rockwell has near-full control.
Rockwell has commissioned Uruguayan architect Carlos Ott and Filipino architect Jun Rodriguez to draw up a master plan for the Southie icon's glow-up
Read more →[Ask the Tax Whiz] What do the proposed tax reforms in Marcos’ 2026 SONA mean for you?
Government should recover revenues lost in tax reforms by plugging tax evasion and running after those with unexplained wealth
Read more →Opening a bank account is now easier for National ID holders
As more banks connect to the National ID database, opening a bank account may soon be as easy as entering your name, birthday, and taking a live selfie
Read more →InstaPay raises transfer limit to P500,000 for real-time business payments
InstaPay for Business is available through PNB, GoTyme, RCBC, Wise, and DCPay, though industry officials say all major banks have already signified interest to participate
Read more →Meralco chair Pangilinan: Power industry ‘may not survive’ if asked to absorb system loss
The warning comes from the chairman of Meralco — the distribution giant that posted a record P50.6 billion in core profit in 2025 — who says forcing the power industry to absorb system loss costs could run into tens of billions of pesos
Read more →Government earns P205 million from sale of 2024 smuggled ultraluxury Bugatti Chirons
A 2024 Rappler investigation found that the two cars had been imported and registered using questionable documents that severely undervalued the vehicles and exposed gaps in the Land Transportation Office's systems
Read more →