Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
2366 articles across all sources
Agri devolution is a failure
One of the big disappointments of the Local Government Code is the failure of LGUs to pick up the responsibility for agricultural technical support for farmers. This failure has severely crippled Philippine agricultural productivity over the last 30 years and a big reason why we have food insecurity.
Read more →AMLC flags tax crimes as money laundering threat
Tax crimes have been flagged as one of the Philippines’ highest money laundering threats, with authorities warning that proceeds from tax evasion may be coursed through banks, shell companies, real estate and other formal channels.
Read more →Budget gap widens to P198.5 billion in May
The government swung back to a budget deficit in May as revenues declined amid the early remittance of dividends by state-owned agencies, while spending increased, the Bureau of the Treasury said.
Read more →Fitch: Philippine banks face higher bad loan risks
Philippine banks may see higher bad loans and weaker earnings in the near term as slower economic growth, high energy prices and rapid growth in unsecured consumer lending raise asset quality risks, Fitch Ratings said. In a report, Fitch said underlying credit risks are likely to persist, with the sharp rise in unsecured consumer loans leaving banks more vulnerable to slower income growth and high inflation.
Read more →GSIS backs Blancaflor appointment as board chair
The Government Service Insurance System is counting on newly appointed board chair Ricardo Blancaflor’s legal and policy expertise to help steer its programs and broaden services for members and retirees.
Read more →Industry groups push for new steel standards
Industry groups are urging the Department of Trade and Industry to immediately implement new steel standards and ban the use of induction furnace (IF) to promote infrastructure and building safety, as the country is prone to earthquakes.
Read more →Meralco’s MSpectrum enters solar venture with Japanese firms
MSpectrum Inc., a subsidiary of Manila Electric Co., has formed a joint venture with two Tokyo-based firms to accelerate the solar adoption of Japanese businesses in the Philippines.
Read more →Mineral assets rise to P588 billion in 2025
The value of the country’s key mineral reserves rose to over P580 billion last year on the back of higher Class A gold reserves, according to the Philippine Statistics Authority.
Read more →Phl, Sweden ties remain strong
Next year, the Philippines and Sweden will celebrate 80 years of economic ties after the two countries established diplomatic relations in 1947.
Read more →SM Group leads 7 Philippine firms in Forbes’ Global 2000 list
Sy family-owned firms have once again topped the list of Philippine companies on Forbes’ list of the world’s largest public companies.
Read more →SPNEC building war chest for MGEN Renewables merger
SP New Energy Corp. is gearing up for its merger with parent MGEN Renewable Energy Inc., arming itself financially for the transaction expected to complete in the fourth quarter.
Read more →Stocks bounce back after sharp selloff
The local stock market rebounded following Wednesday’s selloff, with investors picking up bargains and sentiment getting a lift with the continued drop in oil prices.
Read more →Total car sales slow, but xEVs accelerate
Total vehicle sales declined by 12 percent from January to May, but electrified vehicles (xEVs) continued to buck the trend, surging by 134 percent.
Read more →Action Energy Co. Appoints Kuwait Investment Company as Market Maker to Enhance Share Liquidity
KUWAIT CITY, June 25, 2026 /PRNewswire/ -- Action Energy Company K.S.C.P. (Bloomberg: ALFTAQA KK) (Reuters: ALFTAQA.KW) (Premier Market of Boursa Kuwait: ALFTAQA), Kuwait's leading local partner for integrated upstream services, owner and operator of one of the youngest rig fleets in the region, announced on June 22, 2026, the signing of a market maker agreement with Kuwait Investment Company (KIC). Ahmad Al-Ajlan (left), CEO of Action Energy Company, and Fawaz Al-Ahmad (right), CEO of Kuwait In
Read more →China defends patrols east of Taiwan after 3 European nations raise alarm
BEIJING — China on Thursday defended its recent patrols in waters east of Taiwan, one day after Britain, France and Germany expressed alarm about what they described as “novel Chinese activity." While the three European countries said the activity, which they did not specifically identify, endangered regional stability, a Chinese Foreign Ministry spokesperson said China's law-enforcement and patrol activities were aimed at maintaining regional stability and maritime order. China depl
Read more →DELLA Launches Efficient Mini-Split Systems as Families Prepare Garages for Peak Summer Heat
A mini split is becoming a practical option for garage spaces as households use them as gyms, offices, and workshops. LOS ANGELES, CA, June 25, 2026 (GLOBE NEWSWIRE) -- As households prepare for peak summer heat, DELLA has introduced efficient mini-split systems designed to help homeowners cool garages, workshops, home gyms, and other single-room spaces that are difficult to manage with a central thermostat. With more families converting garages into offices, fitness areas, playrooms, and worksp
Read more →CN Releases 2025 Sustainability Data Supplement and Highlights Sustainability Recognitions
MONTREAL, June 25, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today released its 2025 Sustainability Data Supplement, including progress against its key sustainability priorities. Over the past year, the Company was recognized by several leading organizations for its sustainability practices. "Sustainability is fundamental to CN’s strategy and to how we create long-term value. By advancing safety, improving operational efficiency, and reducing our environmental impact, we are strengtheni
Read more →Aerospike Academy Now Open to All Developers
Free Hands-On Training to Quickly Build and Confidently Scale Real-Time Applications as Agentic AI Drives High-Scale Workloads Across the Enterprise MOUNTAIN VIEW, Calif., June 25, 2026 (GLOBE NEWSWIRE) -- Aerospike Inc. today opened its Aerospike Academy training program to all developers and operators worldwide. Previously available only to paid enterprise customers, Academy's structured, self-paced, and interactive courses are now free for anyone building on the Aerospike Database. Aerospike'
Read more →Kaizenaire To Relaunch Kaizenaire Insider And Singapore Promotions In September 2026, Helping Singapore Businesses Gain Media Exposure And AI Visibility Across AEO And GEO
Kaizenaire will relaunch Kaizenaire Insider and Kaizenaire Promotions, also known as Singapore Promotions, on its media arm kaizenaire.com in September 2026, giving Singapore businesses online media exposure and AI visibility through answer engine optimisation (AEO) and generative engine optimisation (GEO). Singapore, June 25, 2026 -- Kaizenaire Pte. Ltd. will relaunch two of its media initiatives - Kaizenaire Insider and Kaizenaire Promotions, also known as Singapore Promotions - on its busines
Read more →Kaizenaire Introduces An AI Marketing Agency Pairing Philippines Specialists With SEO, AEO And GEO Packages
Kaizenaire has introduced an AI marketing agency model that pairs full-time, AI-empowered remote Philippines marketing specialists with its SEO, AEO and GEO packages, giving Singapore businesses comprehensive coverage across Google and AI-generated answers. Clients include several Singapore furniture retailers. Singapore, June 25, 2026 -- Kaizenaire, a Singapore-registered company (UEN 201932071D) led by founder Ken Tan, has introduced an AI marketing agency model that pairs full-time, AI-empowe
Read more →GIGABYTE 32-inch 240Hz QD-OLED 4K Gaming Monitor MO32U24 Now Available with Ultra-Smooth Visual Excellence
TAIPEI, June 25, 2026 /PRNewswire/ -- GIGABYTE, the world's leading computer brand, announces the availability of the MO32U24. This 32-inch 240Hz 4K gaming monitor is built to deliver ultra-smooth visual performance, featuring a QD-OLED panel with Advanced ObsidianShield film that deepens perceived blacks and contrast while keeping colors vivid during use. MO32U24 is further backed by GIGABYTE's exclusive picture-quality tuning for both HDR and SDR content to bring out the perfected performance
Read more →Ardent Learning Launches AIRE, a New Approach to AI Adoption
New Offering Helps Organizations Turn AI Investment into Sustained Workforce Adoption & Measurable Business Impact ROCHESTER, N.Y., June 25, 2026 (GLOBE NEWSWIRE) -- AI investment is accelerating, but turning that investment into meaningful workforce adoption remains far harder. To help organizations close that gap, Ardent Learning, an award-winning consulting firm specializing in learning and business transformation, today announced the launch of AIRE powered by Ardent℠, a new approach designed
Read more →Information about shares issued by INVL Technology and votes granted
Please be informed, that on 25 June 2026 INVL Technology has transferred part of its shares - 22,908 units - to the employees of INVL Technology's subsidiaries, who acquired the right to realization of the option right under the basis and terms of signed option agreements. Considering this, INVL Technology hereby announces the data on its issued shares as of 25 June 2026: Type of sharesNumber of shares and total voting rights granted by the issued shares, unitsNumber of votes for the quorum of t
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