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
Francorp marks 30 years of shaping Philippines franchising
For three decades, Francorp Philippines has done more than witness the evolution of the local business landscape; it has helped shape it.
Read more →Legitimate questions
The controversy surrounding the renewable energy projects linked to Rep. Leandro Leviste should prompt a broader conversation that extends well beyond the personalities involved.
Read more →Manila Water nets P8.5 billion in H1
Razon-led Manila Water Co. Inc. recorded a six-percent increase in net income in the first half, driven by higher tariffs from its east zone concession area and regional units.
Read more →More farm produce exported to Mideast
The country has expanded its agricultural export push in the Middle East following the shipment of more than 17 metric tons of Davao-grown produce to Saudi Arabia, according to the Department of Agriculture.
Read more →SMFB net income eases in 1st half
San Miguel Food and Beverage Inc. saw its earnings dip by four percent to P22.1 billion in the first half as inflation, slower economic growth and geopolitical disruptions weighed on consumer spending and some export markets.
Read more →‘Zero transfer fees not required for digital banks, fintechs’
Digital banks and fintech companies are pushing back against calls for permanently free fund transfers, saying the Bangko Sentral ng Pilipinas new pricing framework allows financial institutions to charge fees based on the actual cost of providing digital payment services.
Read more →Canceled, postponed and now suddenly urgent
There is a unique humility in having engagements canceled by a finance department rather than public opinion.
Read more →Debt-to-GDP ratio hits 22-year high in June
The share of national government debt to gross domestic product (GDP) breached a 22-year high of 66 percent as of end-June, raising concerns that weak growth and sluggish investment could complicate efforts to pare down the country’s debt stock.
Read more →DMCI Holdings profit climbs 26 percent in 1st half
Record-high contribution from nickel mining and significantly narrower losses from the cement business bolstered first-half earnings of the Consunji family’s DMCI Holdings Inc.
Read more →Dollar reserves slip to 18-month low
The country’s dollar reserves fell to their lowest level in 18 months as the Bangko Sentral ng Pilipinas (BSP)’s foreign exchange operations and government withdrawals outweighed gains from higher gold valuations.
Read more →GDP slows to 2.3 percent, weakest in 5 years
The Philippine economy grew at its slowest pace in five years to 2.3 percent in the second quarter as the Middle East conflict kept household consumption subdued while an infrastructure scandal curbed investments and public construction, the Philippine Statistics Authority (PSA) said.
Read more →Institutional neutrality
The public’s trust in the election process relies, whether we like or not, on the perception that the process is fair.
Read more →PSEi advances as investors shrug off weak Q2 GDP
The local stock market managed to finish in the positive territory despite the country’s disappointing economic growth in the second quarter.
Read more →SMX visitor traffic hits 4.3 million in six months
SMX Convention Centers, the conferences and exhibitions arm of SM Prime Holdings Inc., saw a double-digit jump in visitor traffic in the first half amid robust demand for business events.
Read more →URC delivers strong Q2 performance
Gokongwei-led food and beverage company Universal Robina Corp. (URC) delivered a strong second quarter performance, with core net income attributable to parent rising by 10 percent to P2.9 billion on the back of disciplined financing cost management and better sales.
Read more →Philippine economy grows 2.3% in Q2 2026
The Philippine economy posted a year-on-year economic growth of 2.3% in the second quarter of 2026.
Read more →DOE sees major pump price rollback next week
The energy department teases for big time rollback next week.
Read more →Banks, e-wallets to be required to link to national ID, says BSP
The Bangko Sentral ng Pilipinas is proposing to require banks, digital lenders and other regulated financial institutions to connect their customer verification systems to the government’s National ID database.
Read more →Chinabank profit rises 11% to P14.5 billion in H1
China Banking Corp. booked an 11-percent increase in net income in the first half as robust lending activity, a wider interest margin and continued balance sheet expansion strengthened its core banking operations.
Read more →Doing it the Gokong-way: RLC execs build on the Gokongwei legacy
They are no Gokongweis, but they are leading property giant Robinsons Land Corp. the Gokong-way.
Read more →Farm sector posts 2.9% growth in Q2
The country’s agricultural output grew by 2.9 percent in the second quarter, driven by broader gains from the crops, livestock, poultry and fisheries sectors, according to the Philippine Statistics Authority.
Read more →Further rate tightening seen as inflation stays elevated
Inflation is expected to remain elevated in the coming months despite easing for a third straight month in July, keeping pressure on the Bangko Sentral ng Pilipinas (BSP) to further raise interest rates, economists said.
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