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
Japan power giant joins Razon, Lopez in 600-MW Wawa hydropower project
Osaka-based Kansai Electric Power Co. Inc. is making its first overseas pumped storage hydro (PSH) investment in the Philippines, joining tycoons Enrique Razon Jr. and Federico Lopez in a large-scale project in Rizal.
Read more →Major power players ink Malampaya gas supply deal
Razon-led Prime Energy is set to supply indigenous Malampaya gas to a major Batangas power plant jointly owned by tycoons Manuel V. Pangilinan, Ramon Ang and Sabin Aboitiz.
Read more →MREIT income jumps 34% in H1
MREIT Inc., the real estate investment trust of property giant Megaworld, recorded a 34-percent hike in its distributable income to P2.49 billion in the first half, fueled by its latest asset acquisition, improved portfolio occupancy and further gains in operating efficiency.
Read more →MVP: EDC could be good addition to MGEN portfolio
Years after taking control of Manila Electric Co., tycoon Manuel V. Pangilinan sees the potential value of adding another Lopez family crown jewel to his growing energy empire.
Read more →PAGCOR revenue tumbles as online gaming slows
The Philippine Amusement and Gaming Corp. saw a 26.6-percent decline in revenues in the first half, driven by weaker earnings from gaming operations, particularly the online gambling segment.
Read more →Philex sees sustained Padcal mining operations this year
Pangilinan-led Philex Mining Corp. expects to sustain operations for its Padcal mine in Benguet through the rest of the year, following the completion of rehabilitation works.
Read more →RCBC Wealth named Private Wealth Bank of the Year in Philippines
MANILA, Philippines — Rizal Commercial Banking Corp.’s Wealth Management Group has been named Private Wealth Bank of the Year in the Philippines at the 2026 Asian Banking & Finance Awards. Organized by Charlton Media Group, the Asian Banking & Finance Awards recognizes banks across Asia for excellence in performance, innovation and client service. For RCBC Wealth, the recognition reflects a year of strong growth and a continued commitment to helping clients manage, protect and grow t
Read more →Roche, Zuellig renew alliance
Roche Inc. and Zuellig Pharmaceuticals have officially renewed their long-standing warehousing and distribution partnership, marking 54 years of collaborative efforts to improve health care delivery in the country.
Read more →Rockwell cements ownership in Alabang Town Center
Lopez-owned property developer Rockwell Land Corp. has further solidified its control over Alabang Town Center (ATC) with the acquisition of additional shares worth P6.2 billion in the entity that owns and operates the 17.5-hectare development in Muntinlupa City.
Read more →State of our nation State of our nation
BBM’s fifth State of the Nation Address accurately recognized major economic anxieties like food inflation and job creation, allowing us to give him credit on problem recognition.
Read more →Stocks decline as investors digest US Fed’s hawkish hold
The local stock market slipped, but maintained its hold above the 6,300 level as investors decided to stay on the sidelines after the US Federal Reserve kept interest rates unchanged.
Read more →There goes dinner...
First there was the robbery along Pasay Road at a small hole-in-the-wall restaurant — at most a 10- to 12-seat, counter-style izakaya bar.
Read more →Marcos issues new policy to boost local EV manufacturing
President Ferdinand Marcos issued a new policy on Thursday, July 30 to develop local electric-vehicle manufacturing industry.
Read more →Hiraya Water, formerly PrimeWater, starts P600-million Cavite project
Hiraya Water, the former Primewater Infrastructure Corp., has invested P600 million in its water distribution system rehabilitation in Dasmariñas, Cavite.
Read more →Utilities 'may not survive' if they pay system loss charges alone — MVP
Meralco chairman Manny Pangilinan said the removal of system loss charges may affect the country's entire power industry.
Read more →BIR files P416 million tax evasion cases vs POGO, realty firms
The Bureau of Internal Revenue has filed three criminal complaints before the Department of Justice against a Philippine offshore gaming operator linked firm, a construction company and real estate sellers, with combined estimated tax liabilities amounting to P416 million.
Read more →BPI flags uncertain earnings outlook
Bank of the Philippine Islands sees an uncertain earnings outlook for the rest of the year as weaker economic conditions keep credit-loss provisions elevated, after its first-half net income slipped to P32.8 billion.
Read more →BSP rolls out new payment tools
Filipinos will soon have more ways to move money between banks and e-wallets, automate recurring bills and make higher-value business payments as the Bangko Sentral ng Pilipinas and the payments industry expand the country’s digital payment infrastructure.
Read more →Disinformation is a national problem
Fake news? No longer just a nuisance. For most Filipinos, it has evolved into a national problem, and one that demands urgent attention and action.
Read more →Five IT parks seek PEZA accreditation
The Department of Trade and Industry expects five information technology parks to benefit from President Marcos’ recent move to lift the moratorium on IT ecozone applications in Metro Manila.
Read more →For 2026: Philippine gaming revenue seen shrinking by 7%
he Philippine gaming industry is expected to contract this year as regulatory tightening, weaker consumer spending and restrictions on e-wallet access weigh on the online gambling segment, according to S&P Global Ratings.
Read more →GCash offers cashback for MRT-3, LRT-2 riders
E-wallet giant GCash is expanding its support for cashless public transportation with cashback promotions for railway commuters.
Read more →GSIS disburses P27.3 billion microloans via Ginhawa Go
State-run Government Service Insurance System has released P27.29 billion in microloans to 463,608 active government employees under its Ginhawa Go Program, seeking to provide affordable credit access and curb reliance on informal and predatory lenders.
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