Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
2317 articles across all sources
BSP raises BOP deficit forecasts
The Philippines is expected to post wider balance of payments deficits this year and next as elevated global uncertainty, weaker capital inflows and persistent energy price pressures continue to weigh on the country’s external position, the Bangko Sentral ng Pilipinas said.
Read more →DMCI bets big on oil palm plantation, targets expansion to 20,000 hectares
DMCI Holdings Inc. plans to expand its oil palm plantation to at least 20,000 hectares over the long term as it seizes opportunities in the country’s ever-growing vegetable oil market, its chairman and president Isidro Consunji said.
Read more →Fisheries output on the wane in last 5 years
The performance of the country’s fisheries sector has been declining in the last five years due to rising input costs and intensifying effects of climate change, the Congressional Policy and Budget Research Department said.
Read more →Fresh Mideast tensions seen to test stocks
The local stock market may once again make a run to hit 6,150 this week, but things are looking bleak following recent developments in the Middle East, according to analysts.
Read more →Government borrowings shrink to P108 billion
The national government’s total gross borrowings declined in May as domestic debt issuance shrank despite external financing surging more than fourfold.
Read more →Government raises growth outlook for exports, imports in 2026
The government raised its export growth outlook due to stronger demand for its top shipments while import expansion estimates were tweaked to account for the heavier cost impact of oil prices on the import bill.
Read more →Lifting of ban on new Metro Manila ecozones pushed
The Department of Trade and Industry (DTI) and Department of Finance (DOF) are pushing for the lifting of the moratorium on the processing and evaluation of applications for economic zones in Metro Manila imposed under the previous administration.
Read more →Magicians and workhorses
Many of us have been wondering why our country is now an economic basket case in a region of tiger economies.
Read more →No single technology can connect a nation, says telco chief
As new satellite providers explore opportunities in the Philippines and around the world, discussions about the future of telecommunications often focus on a single question: Will satellites replace traditional mobile networks?
Read more →Philippine turns to frozen ube imports to meet surging global demand
With ube or purple yam booming in popularity, the country has been importing frozen ube as local production fails to meet the root crop’s ever-growing demand in international markets.
Read more →‘Philippine’s data center push faces power reality check’
The Philippines has the potential to emerge as a regional data center hub, but its next challenge is ensuring that reliable, affordable power can keep pace with surging digital demand.
Read more →PSE wants to lower SME public offer size to P100 million
The Philippine Stock Exchange (PSE) hopes to entice small and medium enterprises (SMEs) to list their shares publicly by lowering the minimum offer size by 10 times to just P100 million.
Read more →Residential property prices pick up 4.5 percent in Q1
Residential property prices in the Philippines rose in the first quarter, led by higher prices in Metro Manila and a recovery in condominium values, according to the Bangko Sentral ng Pilipinas.
Read more →Rockport Power, Meralco partner for retail market push
Emerging energy retailer Rockport Power is teaming up with utility giant Manila Electric Co. (Meralco) to expand its footprint, particularly in the retail electricity market.
Read more →Shattering the luxury retail glass barrier
Perhaps it’s just me, but I somehow feel that the government and the business sector are finally synching with each other to help the economy stay on track and push forward with future development goals despite continuing geopolitical turmoil and uncertainty.
Read more →SM strengthens China presence with $70 million Xiamen hotel venture
The Sy family’s SM Prime Holdings Inc. has invested over P4 billion for its maiden hotel venture in China, a move that strengthens its strategic presence in the country where the group’s founder, the late taipan Henry Sy Sr., was born.
Read more →Augusta Tops Best Gold IRA Companies List By Gold Advisor
Gold Advisor Gold Advisor Miami, USA, June 28, 2026 (GLOBE NEWSWIRE) -- Gold Advisor, a leading educational resource focused on precious metals investing and retirement diversification, has released its annual rankings of the Best Gold IRA Companies for 2026, naming Augusta Precious Metals as the organization’s Best Overall Gold IRA Company following an extensive evaluation of leading providers serving retirement investors nationwide. The rankings come as interest in Gold IRAs continues to rise
Read more →A Former CIA Advisor Says This Tech Boom Is Already Bigger Than the Internet Ever Was
Jim Rickards spent years studying threats to America's financial system for the CIA and Pentagon. Now he says one industry is consuming more capital and energy than the dot-com boom ever did. Washington, D.C., June 28, 2026 (GLOBE NEWSWIRE) -- During the dot-com boom, telecom companies spent nearly half a trillion dollars laying 80 million miles of fiber-optic cable across the country, enough to circle the globe more than 3,200 times. An estimated 85% of it would eventually go unused. Today, it'
Read more →Ube Superfood Unveils Premier Organic Purple Yam Powder Blend Amid Global Ube Craze
A Clean-Label, Caffeine-Free Alternative to Traditional Lattes and Matcha Middletown, DELAWARE, June 28, 2026 (GLOBE NEWSWIRE) -- Ube Superfood, a leading clean-label wellness brand, is thrilled to announce the launch of its premier organic purple yam powder blend. This innovative product is set to capture the surging global "ube craze" that is sweeping through the functional beverage and culinary spaces. As consumers increasingly seek vibrant, clean-label alternatives to traditional lattes and
Read more →GradGuard Celebrates Second Annual Scholarship Program, Awarding More Than $20,000 to College Students on National Insurance Awareness Day
Students will receive up to $3,000 to help offset tuition, books, housing, or other college-related expenses. 2026 Scholarship Recipients The five students named will be awarded $3,000 each to help offset tuition, books, housing, or other related expenses. PHOENIX, June 28, 2026 (GLOBE NEWSWIRE) -- GradGuard, the authority in helping protect students and their families from the risks of college life through its pioneering tuition and renters insurance programs, is pleased to announce the winners
Read more →Stablecoin-to-QR code payments company SQRIL continues to disrupt Crypto/Stablecoin Cards by now entering Central Asia
DUBAI, United Arab Emirates, June 28, 2026 (GLOBE NEWSWIRE) -- SQRIL, the leading scan-to-pay QR code API for crypto apps and neobanks which is already in eleven countries across Asia, Africa and Latin America, announces its entrance into Central Asia (Uzbekistan, Kazakhstan, Kyrgyzstan). SQRIL’s stablecoin-to-QR code payments push is displacing crypto and stablecoin debit/credit cards in both transaction cost and merchant availability. Leading crypto exchanges, stablecoin apps and neobanks are
Read more →Morong bans nuclear facilities
THE Sangguniang Bayan (Municipal Council) of Morong, Bataan, has approved on third and final reading the Non-Nuclear Zone Ordinance, prohibiting the establishment, operation and storage of nuclear power facilities and radioactive materials within the municipality. The ordinance was passed on June 22 in Morong, the site of the 621-megawatt Bataan Nuclear Power Plant (BNPP), which was completed in 1984 but was never used. It has since become the subject of growing calls for reactivation. The Nucle
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