Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1488 articles from PhilStar Business
Over 2,000 micro taxpayers seek tax abatement program
More than 2,000 micro taxpayers have sought from the Bureau of Internal Revenue (BIR) under its one-time tax abatement program, with availments accelerating in recent weeks.
Read more →PEZA sees record investment approvals this year
The Philippine Economic Zone Authority (PEZA) expects investment approvals to hit an all-time high this year, given four big-ticket projects in the pipeline.
Read more →Philippines, AZEC strengthen regional oil stockpiling push
Hormuz-dependent Philippines is helping advance the Asia Zero Emission Community (AZEC)’s push to strengthen oil stockpiling systems across the region.
Read more →The money that wasn’t there
Sometimes, the most revealing thing about a bank account is not the money sitting in it. It is the money that passed through it.
Read more →DOE targets P27bn microgrid rollout
DOE expects its microgrid auction to attract up to P27 billion and electrify 101,500 households across 369 remote areas.
Read more →Agri output likely contracted in 3Q
The DA expects agricultural output to have contracted in 3Q26 after expanding in 2Q26, with weakness potentially extending through 1Q27 as El Niño intensifies.
Read more →ICT: Hapag-Lloyd suspends Philippine bookings amid port congestion
Hapag-Lloyd has reportedly suspended new bookings to Manila, Batangas and Subic until December 31, citing port congestion and constraints on empty-container returns.
Read more →7.2% high inflation rate weakens Philippine peso — economist
Leyco explained that even the 5% interest rate hike by the Bangko Sentral ng Pilipinas in August is being outweighed by the surge in inflation.
Read more →Supporting Baguio’s next chapter: How Converge ICT powers data, mobility and resilience in urban governance
As the city continues to grow as a tourism, business and economic hub, it faces the complex realities that come with urban expansion.
Read more →Bloomberry expands digital gaming portfolio
Bloomberry Resorts Corp. of tycoon Enrique Razon Jr. is expanding its digital gaming offering with a new platform that combines online gaming with live shows.
Read more →BofA sees below 3% growth for Philippines
The Philippine economy could grow by less than three percent this year as weak household spending and sluggish investment continue to drag domestic demand, while renewed inflation pressures raise the possibility of further interest rate hikes
Read more →Chinabank names Dee chairman emeritus, revamps leadership
China Banking Corp. has named longtime director Gilbert Dee as chairman emeritus following his resignation as vice chairman and executive director, while also implementing changes to its board committees and wealth management leadership.
Read more →Cignal, SatLite bring pay TV to Anadeco members
Members of Anabu Development Cooperative now enjoy premium home entertainment through a new partnership with Cignal TV and SatLite, making pay-TV subscriptions more accessible through flexible installment options.
Read more →Farm output likely contracted in Q3, decline to persist until Q1 2027
Agricultural output is expected to have contracted in the third quarter, with the decline likely to persist until the first quarter next year amid the El Niño, according to the Department of Agriculture.
Read more →Figaro heads for PSE exit via delisting
Figaro heads for PSE exit via delisting Food and beverage company Figaro Culinary Group Inc., formerly Figaro Coffee Group Inc., is heading toward the exit as it seeks to voluntarily delist from the Philippine Stock Exchange.
Read more →‘Gokongwei-Gotianun airport PPP lacks documents’
The country’s maiden bundled airport project has been deemed as incomplete by the government, but its proponents are expected to complete the documents needed for the P21.64-billion plan to proceed.
Read more →Malaysia seeks bigger share in Philippines palm oil market
Malaysia’s palm oil industry is looking to diversify its product offerings in the Philippines as it seeks to expand beyond traditional palm oil use by tapping opportunities in other sectors.
Read more →Megawide secures P13 billion new 4PH contracts in September
Engineering and infrastructure company Megawide Construction Corp. has beefed up its housing portfolio under the government’s expanded Pambansang Pabahay Para sa Pilipino (4PH) program with P12.8 billion in new contracts secured in September.
Read more →Microgrid auction to unlock P27 billion energy investments
The Department of Energy expects its microgrid auction to draw up to P27 billion in investments and bring electricity to more than 100,000 households in remote areas.
Read more →Peso plumbs new depths, closes at 62.90:$1
The peso sank to a new record low against the dollar yesterday as elevated US interest rates supported the greenback and oil prices above $100 per barrel raised concerns over the Philippines’ import bill.
Read more →PGMG, MTVi ink agreement for ‘Filipinos in California’ book
Los Angeles-based Philippine Global Media Group and Philippine-based Media Touchstone Ventures Inc. have entered into an agreement to come up with a landmark coffee-table book on “Filipinos In California.”
Read more →PLDT, Smart partner with Capillary for loyalty platform
PLDT Inc. and its wireless subsidiary Smart Communications Inc. (Smart) have partnered with Capillary Technologies to transform and unify their loyalty ecosystem across mobile, broadband and partner engagement platforms.
Read more →Registered business names down 7% in September
Business names registered with the Department of Trade and Industry fell by seven percent in September from a year ago amid weather disruptions and slower economic growth stemming from the from the ongoing Middle East conflict.
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