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
Annual stockholders’ meeting of Lopez Holdings Corporation slated on September 14
The annual stockholders’ meeting of Lopez Holdings Corporation (the “Corporation”) has been postponed to Monday, September 14, 2026, at 10 a.m. and will be held virtually at https://conveneagm.com/ph/lpzasm2026.
Read more →SAFC accelerates AI adoption to strengthen customer-centric collections with AI Rudder
As the financial services industry continues to evolve, financing companies are under increasing pressure to improve collections performance while delivering a more customer-centric experience.
Read more →ACEN extends additional P1 billion financing to Quezon North Wind
ACEN Corp. of the Zobel family has added up to P1 billion in financing for its subsidiary developing the massive Quezon North Wind Power Project.
Read more →Ayala’s retail drive shifts to higher gear
Conglomerate Ayala Corp.’s retail drive shifts to a higher gear with the establishment of a dedicated platform that will introduce and grow leading international consumer brands in the Philippines through long-term strategic partnerships.
Read more →Bargain hunting lifts stocks anew
The local stock market rose for the second straight session as investors continued to capitalize on bargain stocks.
Read more →Beyond Ressilience
The combined effects of the enhanced southwest monsoon (habagat) and tropical cyclones Luis and Maymay brought more than a week of persistent rains across Metro Manila and several parts of the country, causing widespread flooding in low-lying communities.
Read more →CLI readies P25-B projects in H2
Property developer Cebu Landmasters Inc. is replenishing its inventory with more than 11 projects worth around P25 billion scheduled for launch within the second half.
Read more →Filinvest Land books higher income in H1
Filinvest Land Inc. , the property developer owned by the Gotianun family, booked higher earnings in the first half, buoyed by expanding recurring income streams and supported by the company’s diversified portfolio.
Read more →Globe, phone makers team up to make devices satellite-ready
Telco-to-tech giant Globe Telecom Inc. is expanding the reach of its satellite-to-device service by working with the world’s largest phone makers to equip handsets with upgraded capabilities.
Read more →Government urged to tackle causes of GDP slowdown
The government needs a deeper diagnosis of the Philippine economy’s sharp slowdown and should go beyond catch-up spending to address structural weaknesses that are dragging investment, consumption and productivity.
Read more →Higher consumer demand lifts SM Investments profit
Earnings of SM Investments Corp., the parent company of the SM Group, expanded by eight percent in the first half, supported by sustained consumer demand and the strength of its diversified business model.
Read more →JG Summit earns less as airline unit withers
Weak performance of its airline business dragged down core earnings of conglomerate JG Summit Holdings Inc. of the Gokongwei Group in the first half, with profitability challenges expected to persist for the rest of the year.
Read more →Lopezes pouring in P2.2 billion to aid ABS-CBN recovery
The three branches of the Lopez family majority are set to invest P2.2 billion in ABS-CBN Corp. to help the media company meet obligations to long-serving employees and support its recovery plans.
Read more →Megawide’s PH1 doubles sales in H1
The property arm of Megawide Construction Corp. boosted its sales to P3.15 billion in the first half, backed by strong take-up for recently launched projects to overcome a challenging period.
Read more →Megaworld’s H1 profit rises on core business expansion
Property giant Megaworld Corp. delivered a five-percent increase in net income to P12.7 billion in the first half on the back of sustained expansion of its recurring income businesses.
Read more →NAIA lease hike bites into MacroAsia’s 6-month income
Higher lease rates and the termination of a high-value service at the Ninoy Aquino International Airport caused financial damage to MacroAsia Corp. as its profit declined by 34 percent in the first half.
Read more →Pru Life UK rolls out cancer treatment plan
Pru Life UK has launched a cancer-focused insurance product offering benefits for both early and late-stage cases, as the insurer seeks to address the financial strain faced by Filipino families dealing with the disease.
Read more →Riyadh Air enters Philippine market
Riyadh Air, Saudi Arabia’s second flag carrier, is mounting direct flights to the Philippines as it competes with the country’s largest airlines in a market primarily catering to overseas Filipino workers.
Read more →Thermal power and transition from energy poverty to energy abundance
Today, I will attend the Amcham Philippines 9th Annual Energy Forum with a focus on energy recovery, resilience and transition. Lots of speakers led by Energy Secretary Sharon Garin, Sen. Erwin Tulfo and ERC chairman Nino Juan.
Read more →Gasoline, diesel prices down by over P4 this week
Bigger oil price rollback is expected this week.
Read more →Sun Life Philippines fulfills promise to clients with over P5 billion in claims paid in 2025
The total amount covers claims paid across Sun Life's individual and group insurance businesses.
Read more →China grip on Philippine nickel cited as reason to back Pax Silica
Philippines is eyeing nickel processing under Pax Silica.
Read more →Ramon Ang acquires Gabby Lopez's 25.68% stake in Lopez Inc.
The deal brings Ramon Ang into the Lopez Group's private parent company.
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