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🇵🇭 Local Market Intelligence

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

All sourcesBilyonaryoBusinessWorldBusinessWorld BankingBusinessWorld EconomyInvesting.com PHManila Times BusinessPhilStar BusinessRappler Business
PhilStar Business

PPA docks 9% higher earnings

One of the government’s biggest sources of dividends is on its way to another year of profit growth, gaining a nine-percent increase in the first half due to higher revenue.

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PhilStar Business

RLC pays tribute to John Gokongwei Jr. on his 100th birth anniversary

Robinsons Land Corp. has officially renamed Bridgetowne Avenue as John Gokongwei Jr. Boulevard as a permanent tribute to the Gokongwei Group’s founder and to commemorate his 100th birth anniversary.

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PhilStar Business

Shares drop anew as investors cash in

The local stock market declined for the second straight session as investors opted to take profits late in the session.

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PhilStar Business

SSS increases stake in Century Properties

The Social Security System (SSS) has raised its stake in Century Properties Group. Inc. of the Antonio family to nearly 10 percent with the acquisition of additional common shares.

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PhilStar Business

Understanding system loss

As someone who has been in the power industry for close to 40 years, lived through the worst power crises with blackouts lasting up to 12 hours, witnessed the reforms that reshaped the industry, and saw the birth of the Electric Power Industry Reform Act in 2001, I firmly believe the current conversation on system loss deserves a deeper understanding.

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PhilStar Business

Fuel discount subsidy for transport sector raised to P12 per liter

Starting August 15, the fuel subsidy for PUV drivers will increase to P12 per liter.

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PhilStar Business

GreatDay HR expands southeast asia footprint as SMEs accelerate HR digital transformation

As businesses across Southeast Asia accelerate digital transformation, GreatDay HR is expanding its regional footprint to help small and medium enterprises modernize how they manage their people.

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PhilStar Business

21 senators set politics aside to back P85 wage hike in NCR

Twenty-one senators set aside their political differences and joined the call to lift the suspension on the implementation of the P85 daily minimum wage hike in Metro Manila.

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PhilStar Business

PCCI-NCR to convene nation's top businesses, government leaders at Metro Manila Business Conference 2026

Premier conference to drive solutions on energy, trade, security, AI, and regional competitiveness toward a stronger and more resilient ASEAN.

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PhilStar Business

Philippine inflation eases to 6.2% in July 2026

Philippine inflation rate eased further in July.

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PhilStar Business

Japan lends Philippines P11.54 billion for health care

The loan will support financing, service delivery and accountability reforms.

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PhilStar Business

Riyadh Air to start Manila-Riyadh flights in September

Saudi Arabia’s new national carrier, Riyadh Air, is opening a direct connection between Manila and Riyadh.

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PhilStar Business

7 listed Philippines companies join Forbes’ Best Under $1 billion list

Seven publicly listed Philippine firms entered Forbes’ list of best Asian companies with sales of under $1 billion, showcasing their capability to sustain growth in a pressured environment.

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PhilStar Business

Apple Pay debuts with 4 banks in Philippines

Apple Pay has officially debuted in the Philippines with an initial roster of four partner banks, marking the long-awaited entry of Apple’s mobile payment service into the local market.

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PhilStar Business

Climate-resilient infrastructure

For those of us living in Mega Manila, we have been fortunate that in the past seven months we have been spared by at least two powerful typhoons that has instead wreaked havoc and caused major flooding in China.

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PhilStar Business

DA shelves rice cap plan, rules out ban on imports

The Department of Agriculture has reversed its plan to impose another price cap on imported five percent broken rice, noting that current market prices have remained below the price ceiling.

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PhilStar Business

DOF to pair tax relief program with wealth, excise taxes

The Department of Finance is preparing to cushion the fiscal blow of planned middle-class tax relief through tweaks in the excise tax on so?called sin products, fresh charges on single?use plastics and a wealth tax targeting luxury automobiles.

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PhilStar Business

Government on track to hit P1.3 trillion infrastructure spending program

The government is on track to meet its P1.3-trillion infrastructure spending program this year, despite a five-month slide in public works disbursements, as it remains a key engine for the economy’s rebound, the Department of Budget and Management said.

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PhilStar Business

Hot money swings to $4 billion net outflow in H1

Foreign investors pulled more money out of the Philippines than they brought in during the first half as global uncertainty, elevated oil prices and geopolitical risks drove investors toward safer dollar assets.

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PhilStar Business

ICTSI profit jumps to $590 million in H1

Port giant International Container Terminal Services Inc. sailed past the first half with a $590-million profit, shrugging off shipping disruptions caused by the geopolitical conflict in the Middle East.

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PhilStar Business

Maharlika to achieve P3.3 billion core profit goal this year

Maharlika Investment Corp. is banking on dividend inflows, interest income and equitized earnings from investees to deliver its P3.3-billion core net income goal for 2026, while eyeing up to P35 billion in capital deployment for investments.

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PhilStar Business

Manila Water gets ready for El Niño

Manila Water Co. Inc. is looking to boost its backwash recovery system to improve water supply in the coming months in preparation for the upcoming El Niño.

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PhilStar Business

Maynilad earnings up 14% in 6 months

West Zone concessionaire Maynilad Water Services, Inc. recorded a 14 percent increase in earnings in the first half of 2026, driven by improvements in its water services.

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PhilStar Business

OceanaGold allots P768 million for mine rehab

Australian-Canadian mining firm OceanaGold Philippines Inc. has allocated more than P700 million for the rehabilitation of its Didipio mine in Nueva Vizcaya.

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