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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

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PhilStar Business

A signal of friendship

On July 30, the Japanese yen staged one of its most violent reversals in decades. It had weakened to nearly 164 per dollar, its lowest level in 40 years.

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PhilStar Business

Analysts flag slow recovery this year

The Philippine economy is now seen growing by only three to 3.9 percent this year, with analysts tempering their outlook after a sharper-than-expected second-quarter slowdown exposed persistent weakness in investment and household spending.

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PhilStar Business

Consumer complaints flood central bank in 2025

Consumer complaints received by the Bangko Sentral ng Pilipinas surged by nearly 73 percent in 2025 as more Filipinos turned to the BSP for help in resolving disputes with banks and other financial institutions.

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PhilStar Business

DA bans imports of animal meat from 7 countries

The Department of Agriculture (DA) has banned the importation of animal and meat products from seven countries amid concern over the spread of foot-and-mouth disease (FMD) in the local animal industry.

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PhilStar Business

Fisheries output grows 2 percent in Q2

The country’s fisheries production expanded to more than a million metric tons (MT) in the second quarter amid stronger output from the marine and municipal fishing subsectors, according to the Philippine Statistics Authority (PSA).

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PhilStar Business

From retail queens to talk show hosts: Robina Gokongwei, Tessie Sy-Coson share limelight at retail conference

Retail tycoon Robina Gokongwei-Pe switched hats and channeled her inner “queen of talk” to ask her friend and business rival Teresita Sy-Coson or TSC a question that has probably been lingering on her mind for quite some time now: “What’s your secret to looking forever 59?”

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PhilStar Business

Government pays P1.23 trillion debt in H1

The country’s debt service bill reached P1.23 trillion in the first semester, largely on amortization payments, the Bureau of the Treasury (BTr) reported.

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PhilStar Business

Jollibee opens 1st Compose Coffee store in Philippines

South Korean coffee brand Compose Coffee has officially entered the Philippine market as the Jollibee Group opened the brand’s first store in the country.

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PhilStar Business

Manila cruise port to break ground soon

The P5-billion Manila terminal for cruise vessels is close to breaking ground, with the Philippine Ports Authority (PPA) eyeing to firm up a lease agreement before the year ends.

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PhilStar Business

Meralco sees electricity demand to pick up in H2

Power utility giant Manila Electric Co. (Meralco) expects energy sales to pick up in the remaining months of 2026, driven by strong electricity demand amid the El Niño weather phenomenon.

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PhilStar Business

PAL mulls fuel hedging

Flag carrier Philippine Airlines (PAL) is exploring the possibility of hedging fuel in light of the abrupt spike in petroleum prices that lead to elevated airfares.

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PhilStar Business

Pension hike drags down SSS earnings in H1

State-run pension fund Social Security System (SSS) reported a 27.8-percent drop in net income in the first half, as benefit payouts outpaced contributions and investment earnings.

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PhilStar Business

Sand problems hound Bulacan airport

While SMC Infrastructure has greatly improved the facilities of the Ninoy Aquino International Airport, the timetable for the more modern Bulacan International Airport continues to face delays due to challenges in sourcing adequate sand for landfilling the new airport facility.

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PhilStar Business

SEC, BIR join forces to support ease of doing business initiatives

The Securities and Exchange Commission (SEC) and the Bureau of Internal Revenue (BIR) have forged an alliance to support ease of doing business and deepen the capital market.

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PhilStar Business

SEIPI turns bullish on electronics exports

The umbrella group of electronics and semiconductor firms in the country now expects electronics exports to grow by 10 percent this year, driven by artificial intelligence (AI) and data centers.

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PhilStar Business

Stocks on edge as GDP slows

Trading is seen staying range bound this week as investors are expected to continue digesting the country’s gross domestic product (GDP) slowdown in the second quarter.

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PhilStar Business

We’re in deep doo doo

Last Friday, the Philippine Statistics Authority (PSA) reported some grim statistics showing that our GDP grew by only 2.3 percent year-on-year for Q2 2026, marking the weakest quarterly performance in 17 years outside the pandemic.

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PhilStar Business

Meralco: 98,000 customers lose power amid 'habagat' rains

Heavy rains and severe flooding brought by the Southwest Monsoon, locally known as “habagat,” have disrupted electricity service for approximately 98,000 customers across Luzon, power distributor Manila Electric Company (Meralco) said on Sunday, August 9.

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PhilStar Business

A chat with CZ

One of the highlights of the recent ASEAN Tech Summit Manila was my fireside chat with Binance founder CZ, his first public appearance in the Philippines.

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PhilStar Business

Agricultural trade deficit widens to $1.06 billion

The country’s agricultural trade deficit widened in June, as higher farm imports outpaced exports, according to the Philippine Statistics Authority.

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PhilStar Business

‘AI to reshape Philippines labor market, makes retraining urgent’

Artificial intelligence is poised to displace far more jobs than it creates, making rapid workforce retraining imperative if the Philippines wants to minimize the technology’s disruptive impact, according to an expert.

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PhilStar Business

AirAsia Philippines is most punctual budget airline

Low-cost carrier AirAsia Philippines turned in the best on-time performance among the world’s budget airlines in July, extending its run as one of the most punctual globally.

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PhilStar Business

BCDA sets 30-year development plan for Pax Silica AI hub

The Bases Conversion and Development Authority expects the full development of the Pax Silica artificial intelligence (AI) hub in New Clark City in 30 years starting 2028.

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PhilStar Business

Building trust, one loan at a time

For Fuse Financing president and CEO Tony Isidro, the journey into formal credit began at home.

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