Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
332 articles from PhilStar Business
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 →Beyond OTPs: New BSP Rules To Reshape MSME Payments
As the Bangko Sentral ng Pilipinas (BSP) pushes the financial sector toward stronger authentication standards, the biggest adjustments may not be happening inside banks or e-wallets but at the checkout counters of millions of small businesses.
Read more →BPI, ACEN partnership to empower Filipinos with financial knowledge
Ayala-led Bank of the Philippine Islands (BPI) continues to advance financial inclusion by strengthening financial literacy, particularly among underserved communities.
Read more →BSP flags unauthorized e-money tie-ups
The Bangko Sentral ng Pilipinas (BSP) has warned supervised institutions against extending, sharing or transferring of the authority to offer electronic money services to unlicensed partners, platforms or third-party providers.
Read more →DICT’s digital reforms strengthen accountability
The Department of Information and Communications Technology (DICT) has intensified reforms in the private express and messengerial delivery service (PEMEDES) sector.
Read more →GCash: Why this IPO is different
Every so often, an IPO bigger than the company itself comes along.
Read more →‘High tariffs, price caps hamper investments’
Government policies such as high tariffs and price ceilings squeeze local agribusinesses’ profits, reducing their capacity to invest further in the sector and expand operations, an official of Bank of the Philippine Islands said.
Read more →Philippine banks strong despite risks – BSP
Philippine banks remain capable of absorbing potential shocks even as Fitch Ratings warned that slower economic growth, high energy prices and rapid expansion in unsecured consumer lending could raise asset quality risks and weigh on bank earnings, according to the Bangko Sentral ng Pilipinas (BSP).
Read more →Philippines among top investment markets for Swedish firms
The Philippines is among the top investment markets for Swedish firms with over 60 percent of companies planning to increase their investments in the country, according to a survey.
Read more →Rice imports seen rising to 5.7 million metric tons
The Philippines is projected to import 5.7 million metric tons (MT) of rice this year, the US Department of Agriculture (USDA) said, as local production is expected to decline.
Read more →Slow economic growth to remain
Interesting economic briefing and fireside chat organized by the UP College of Business Administration Alumni Association (UPCBAA).
Read more →Toyota rolls out Land Cruiser hybrid variant
Toyota Motor Philippines Corp. (TMP) has started the sale of the Land Cruiser hybrid variant in the country, expanding its offering in the growing electrified vehicle segment.
Read more →Yuchengco nears commercial run of 3 renewable energy projects
The Yuchengco Group remains on track toward the commercial operation of its three renewable energy (RE) projects in Luzon and the Visayas.
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