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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.

274 articles from Rappler Business

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Rappler Business

[Vantage Point] The Villar Land scandal now has a gatekeeper problem

The Villar Land affair began as a valuation scandal. It became a disclosure and market-integrity scandal. It now has a potentially more material issue.

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Rappler Business

As peso lingers at record-low P62, what does it mean for Filipinos?

The Philippine peso has never been this weak. Here's how that could affect everything from fuel prices to remittances.

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Rappler Business

ABS-CBN gets first P2 billion of P6-billion lifeline

The P6-billion rescue package, anchored by private investment firm I&C Holdings’ P3.5-billion investment and backed by Gabby Lopez III and other Lopez family investors, has begun flowing into the ailing media company

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Rappler Business

Why a Siargao flight can cost more than Davao – or even a trip abroad

Tourist demand isn't the issue for Siargao, El Nido, and Busuanga; the bigger question is whether their airport infrastructure is too underinvested to keep fares affordable.

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Rappler Business

[Vantage Point] PNB Holdings is going public without asking for public money

Most companies arriving on the exchange effectively say: give us your money and we will show you what we can build. PNB Holdings is saying, here is the balance sheet and tell us what we are worth.

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Rappler Business

Unemployment jumps to over 4-year high of 6% in July 2026 as youth struggle

The National Capital Region records the country's highest unemployment rate at 8.2%, as young Filipinos entering the workforce struggle to find enough jobs

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Rappler Business

[Ask the Tax Whiz] Should billionaires pay more?

A wealth tax without modern tax administration risks becoming a classic Philippine reform: good policy on paper, weak enforcement in practice.

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Rappler Business

PhilWeb’s multibillion bet on JKS gaming tech triggers PSE suspension

(1st UPDATE) Fresh off Lance Gokongwei's P2-billion capital injection and appointment as chairman, PhilWeb is betting big on a multibillion-peso gaming tech investment that could define its turnaround

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Rappler Business

Big fuel price hike set for September 8 after last week’s rollback

Despite last week’s price cuts, diesel and gasoline are again under pressure from Middle East tensions, tight fuel supply and a weaker peso

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Rappler Business

Your cat or dog can now fly with you on Philippine Airlines domestic flights

Fur parents, rejoice! Both small cats and dogs are now cleared for takeoff on all local PAL flights

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Rappler Business

Eat, shower, nap: NAIA T3 adds more perks for OFWs in its lounge

OFWs at NAIA T3 can already enjoy free meals and may soon get free beds, showers, and massage chairs at a soon-to-open transit lounge

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Rappler Business

Stage set for GCash’s record P92.3B IPO, October 20 listing eyed

The shares will be offered from October 6 to 12, with Mynt targeting an October 20 debut on the Philippine Stock Exchange under the ticker GCASH

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Rappler Business

[In This Economy] Should Filipinos’ ‘consumption culture’ be blamed for the weak peso?

BSP Governor Eli Remolona did not say that consumption is the enemy. Instead, the underlying message is that our country as a whole needs to find better ways to finance our investments.

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Rappler Business

Inflation slightly cools to 6.1% in August 2026

(2nd UPDATE) Inflation may have eased overall, but rice prices rose at their fastest pace in more than two years while fuel costs also continued to climb

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Rappler Business

[OPINION] Will Pax Silica be another proverbial fish that got away for the Philippines?

Pax Silica cannot be treated as a leisurely long-term development masterplan. It must lock in binding corporate commitments, sign multilateral joint ventures, and physically break ground while it possesses maximum geopolitical value to its Western allies.

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Rappler Business

AllHome president, independent director at 2 Villar firms quit

AllHome's governance and risk chairperson is out after six months, along with its president, as Villar firms remain suspended over delayed filings and the wider group faces SEC market abuse allegations

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Rappler Business

SM’s Gen Z council decrees: More pickleball, running hubs, and an Aura library

'We really took the young ones, the officers who are Gen Zs, to do all the insighting for us,' says the mall's marketing chief of its 'Gen Z Council,' which is helping bring everything from pickleball courts to a library into SM malls

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Rappler Business

[Ask the Tax Whiz] Clarifying some tax issues related to ONETT transactions

ONETT refers to transactions that are subject to one-time tax compliance and processing with the BIR

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Rappler Business

VAT on system loss may be removed by November – ERC

The Department of Energy says reducing or eliminating the system loss charge itself will take time, requiring a phased program and billions of pesos in investments

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Rappler Business

DOE: Only 0.3% collected from P24 billion in penalties vs Leviste’s Solar Philippines

Energy Secretary Sharon Garin says the government is pursuing legal action to recover expired performance bonds

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Rappler Business

DOE eyes P5.6-B 2027 budget as conventional energy, EV programs get big boost

The largest percentage increase is for the Electric Vehicle Industry Development Program, whose funding rises more than sevenfold to P228.92 million from P32.46 million in 2026

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Rappler Business

Leandro Leviste sells another P3 billion in SPNEC shares as solar controversies mount

The sale comes as Leviste faces plunder and graft complaints before the Ombudsman alongside his mother, Senator Loren Legarda, and former energy secretary Alfonso Cusi over roughly P10 billion in solar projects

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Rappler Business

‘Cookie-cutter’ no more? SM Nuvali to open November 27 with 1-hectare indoor garden

With cooling technology inspired by Singapore's Gardens by the Bay, SM's 91st mall is a break from what SM Supermalls president Steven Tan himself once bemoaned as the group's 'cookie-cutter' malls

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Rappler Business

[Vantage Point] What’s left for the Philippines’ Left?

The revolution has become a war of attrition against history itself

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