Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
8370 articles across all sources
EAA introduces 2026 Sport Aviation Halls of Fame class
Six inductees to be welcomed November 11, representing unique segments of aviation EAA Halls of Fame 2026 inductees announced Six individuals will be inducted into the Experimental Aircraft Association Halls of Fame in Oshkosh, Wisconsin, on November 11, 2026. They include (clockwise from top left) Ronnie Smith, Ultralights; Tom Brown, Vintage Aircraft; Mike Goulian, Aerobatics; Ron and Diane Fagen, Warbirds; and Mike Blyth, Homebuilt Aircraft. (EAA photo ilustration) Oshkosh, Wisconsin, Aug. 19
Read more →Crypto News: Pepeto Exchange Security Upgrade While XRP Price Prediction Eyes $27 As Crypto Explodes
N/A, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Pepeto just rolled out a security upgrade covering its whole DeFi platform, landing as the crypto news board turns green and every trader feels two things: excitement, and the sting of runs watched from outside. Everyone remembers one: XRP under a cent, DOGE before the tweets, SHIB before the peak. Weeks like this are how those stories began, and Pepeto sits among 2026's fastest growing presales, its wallets saying it all: XRP whales, moving size. Before un
Read more →Steam Whistle workers win union recognition after Ontario Labour Relations Board finds employer interfered in organizing campaign
TORONTO, Aug. 19, 2026 (GLOBE NEWSWIRE) -- This week the Ontario Labour Board (OLRB) ordered Steam Whistle Brewery workers in Etobicoke to be represented by SEIU Local 2 after concluding that the employer interfered in an organizing campaign. "This is a monumental decision in an industry where people are taken advantage of for their passion,” said Geoff Albrecht, a worker at the Brewery active in the organizing drive. "It shows that it is possible to organize your workplace. With a Union I am tr
Read more →Zairoo Entertainment Positions Pan-African Steampunk Fantasy TTRPG as a Major Entertainment IP
The first tabletop RPG rooted in Pan-African mythology and steampunk fantasy sets its sights on anime, film, television, comics, and beyond Los Angeles, CA, Aug. 19, 2026 (GLOBE NEWSWIRE) -- Zairoo Entertainment today announced a major push to establish Zairoo - the first Pan-African steampunk fantasy tabletop roleplaying game - as a full-scale entertainment IP with the cultural reach and creative foundation to expand across anime, film, television, books, and comics. Having already surpassed $1
Read more →Banijay Group: Special shares adjustments
Press Release Paris - 19 August 2026 Special Shares Adjustments As announced on 29 July 2026, in connection with the distribution of the exceptional dividend of €0.9340207159163 (the "Exceptional Dividend Amount”) per share made on 19 August 2026 to holders of Banijay Group’s ordinary shares (the "Ordinary Shares”), the board of directors of Banijay Group N.V. has decided to make equitable adjustments to the conversion ratio and the trigger prices of the Earn-Out Preference Shares A, the Earn-Ou
Read more →Peso nears P62 against US dollar
THE Philippine peso weakened against the dollar on Wednesday after touching a fresh intraday record low near the P62 level as escalating tensions in the Middle East heightened inflation and interest rate concerns.
Read more →Flood control back in spotlight as Metro Manila goes underwater
PEDESTRIANS waded through floodwaters while motorists cautiously drove through submerged roads in Metro Manila on Monday, as heavy southwest monsoon rains once again exposed the capital’s vulnerability to flooding.
Read more →BoC confident it can meet P1-T revenue goal
THE Bureau of Customs (BoC) is confident it can meet its P1.075-trillion revenue target for 2027 as it tightens assessments.
Read more →Philippine bank deposits hit P22 trillion at end-June
TOTAL DEPOSITS in Philippine banks rose by 8% year on year as of end-June as the banking system remained healthy, but challenging economic conditions moderated quarter-on-quarter growth, analysts said.
Read more →Prolonged rains seen weighing on retail, construction, logistics
PROLONGED MONSOON RAINS are expected to weigh on the third-quarter operations of consumer-facing and construction companies, while logistics and mining firms could face higher costs and delays, analysts said.
Read more →ABS-CBN banks on content partnerships, cost cuts to reach profitability
ABS-CBN CORP. is betting on content partnerships and cost reductions to move toward profitability as its attributable net loss more than tripled to P897.19 million in the second quarter (Q2) from P289.74 million a year earlier. “We recognize that we are not yet where we need to be. And while this has no doubt been […]
Read more →Tim Ho Wan to take full control of North America venture
JOLLIBEE Foods Corp. (JFC) said its Tim Ho Wan brand would acquire WDI Corp.’s 30% stake in their North American joint venture for about $5.05 million, giving it full ownership and operational control of the business. In a statement on Wednesday, JFC said WDI would separately acquire Tim Ho Wan’s 30% stake in their Japan […]
Read more →Term deposit rate slips on strong demand amid less hawkish BSP
THE CENTRAL BANK’S term deposit facility (TDF) fetched a lower average yield on Wednesday on strong demand as the market looked ahead to its policy meeting next week following less hawkish signals recently. Demand for the Bangko Sentral ng Pilipinas’ (BSP) seven-day term deposits reached P138.564 billion, higher than the P120-billion offer and the P118.998 […]
Read more →CLI says second-half launches to proceed after addressing regulatory requirements
CEBU LANDMASTERS, INC. (CLI) said it would proceed with 11 planned second-half launches after addressing regulatory requirements that had delayed some of its projects. “The company used the first half of the year to complete the necessary requirements and secure the approvals needed to bring these projects to market. With these requirements now being addressed, […]
Read more →Improved knowledge boosts Filipinos’ view of credit
FILIPINOS now view credit more favorably on improved trust and knowledge about credit products and as formal borrowing channels continue to expand, TransUnion said. TransUnion’s 2026 Credit Perception Index (CPI) released on Wednesday showed that Filipinos’ CPI score rose to 75 from 73 in 2025, the highest level since the annual study was launched in […]
Read more →Metro Pacific Water says supply boosted for 10,000 Bulacan households
METRO PACIFIC Water (MPW) said it has boosted water supply for about 10,000 households in San Jose del Monte, Bulacan, after restoring a treatment plant to its design capacity. In a statement on Wednesday, the Metro Pacific Investments Corp. (MPIC) subsidiary said its unit Metro Pacific Bulacan Water (MPBW) had restored production at Water Treatment […]
Read more →Ayala Land unit turns over 110 homes under Naga housing program
BELLAVITA Land Corp., the socialized housing arm of Ayala Land, Inc. (ALI), has turned over 110 homes to Naga City government employees, the first batch under a 1,011-unit housing program. The homes were turned over on Aug. 18 at the BellaVita Naga village in Barangay Pacol, ALI said in a statement on Wednesday. The program […]
Read more →Where there’s smoke
He must have felt ecstatic, standing in line with his mistahs that graduation day in March 1941. After all, these grads in their early 20s had survived four years of grueling physical conditioning (including daily brutal hazing in their plebe/freshman year that is now banned) that added to the pressure of academics. Just nine months […]
Read more →Seeing red? Panda Express sees orange instead
PANDA EXPRESS in its US home celebrates National Orange Chicken Day on July 15, and the Philippines is in on the fun too. Throughout the month of August, the celebration comes with special offers for Orange Chicken lovers. Guests can enjoy 10% off with a minimum spend of P699 featuring Orange Chicken, available at GrabFood. […]
Read more →Simpler onboarding to spur digital payments adoption among small businesses
FINANCIAL INSTITUTIONS must simplify the onboarding process for small businesses such as mom-and-pop stores to further expand the adoption of digital payments in the country. Rizal Commercial Banking Corp.Executive Vice-President and Chief Innovations and Inclusion Officer Angelito M. Villanueva said multiple requirements for merchant onboarding are among the biggest barriers to digital payments adoption in […]
Read more →Biometric authentication to make PHL financial services ‘phishing-resistant’
BIOMETRIC AUTHENTICATION can make online financial services more secure against evolving cyberthreats as the Philippines continues to see growth in digital transactions, identity verification service provider iProov said. Many Philippine financial institutions have already replaced one-time passwords (OTPs) with stronger authentication technologies like biometric, behavioral, adaptive, or password-less solutions to comply with Bangko Sentral ng […]
Read more →Smart, Lynk expand satellite-to-phone trials to Batangas
SMART COMMUNICATIONS, Inc. has expanded its direct-to-device satellite service trials with US-based Lynk Global, Inc. to Batangas as part of efforts to strengthen communications and disaster-response capabilities. The wireless unit of PLDT Inc. said the pilot activities had previously been conducted only in Catanduanes and Ilocos Norte this year. “Reliable communication is essential in times […]
Read more →Property tax reform
The Finance secretary’s willingness to compromise on some taxes, including reducing the 12% value-added tax (VAT), is fiscally cautious, but potentially meaningful. His caveat is that there should be alternatives to replace any lost revenue to fund the national budget. The central issue is not whether some taxes can be removed, but how the government […]
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