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
SRA allocates all sugar output for domestic us
The Sugar Regulatory Administration mandated that all sugar production for the 2026 to 2027 crop year will be for domestic use only due to the anticipated shortfall in sugarcane harvests.
Read more →SSC appoints nominee to FPH board
The Social Security Commission has named commissioner Victor Limlingan as its nominee for election to the board of the Lopez Group’s First Philippine Holdings Corp. (FPH).
Read more →Stocks plunge amid weak peso, rate hike expectations
The local stock market plunged to a fresh low in nearly 11 months amid concerns over monetary tightening and the weak peso.
Read more →The plastic conundrum
According to the Science History Institute, the first synthetic polymer was invented in 1869 by John Wesley Hyatt, who was inspired by a New York firm’s offer of $10,000 for anyone who could provide a substitute for ivory.
Read more →Tycoons join race for 1st gas auction
Tycoons Manuel V. Pangilinan, Enrique Razon Jr., Sabin Aboitiz and Ramon Ang are throwing their energy firms into the race for the country’s first mid-merit natural gas auction.
Read more →Meralco: MVP group closes in on 50%
SMGP is selling 3.77m MER shares (0.33%) to Manuel V. Pangilinan personally at P580.99/sh, or P2.19 billion.
Read more →Condo absorption improves as incentives unlock demand
Metro Manila condo take-up rose 17% QoQ to 8,454 units in 3Q, while unsold inventory declined 3.5% to 80,000 units and months of supply fell to 28 from 34, according to Leechiu Property Consultants (LPC). Promotions and government housing initiatives were key drivers of the improvement.
Read more →Labor market weakness points to softer household demand
Unemployment rose to 5.3% in August from 3.9% same period last year but is an improvement from July's 6.0%.
Read more →Inflation, infrastructure freeze seen to hamper property development
Rising living costs, a sharp drop in public works spending, and slowing economic growth continue to drag on property development.
Read more →Globe Network posts strongest 2026 performance in August, DICT report shows
The results build on Globe’s continued network investments and ongoing collaboration with the government.
Read more →ACEN boosts war chest with P3.5 billion ING loan
ACEN Corp. of the Zobel family has secured additional financing of €50 million (about P3.5 billion) from Dutch banking giant ING Bank N.V. to bolster its renewable energy expansion.
Read more →BPI Wealth assets breach P2 trillion, eyes 18% growth
The asset management arm of Ayala-led Bank of the Philippine Islands (BPI) expects its assets under management to grow by as much as 18 percent this year as Filipino investors increasingly turn to fixed-income securities and global investment funds to navigate elevated inflation, a weaker peso and volatile financial markets.
Read more →Condo demand picks up in Q3
Residential condominium take-up in Metro Manila posted robust growth during the third quarter, but real estate brokerage firm Leechiu Property Consultants Inc. (LPC) cautioned that the recent improvement should not yet be interpreted as a return to sustained growth.
Read more →Factory output growth accelerates in August
The country’s manufacturing output expanded at a faster pace in August from the previous month, driven by electronic products and transport equipment, the Philippine Statistics Authority said.
Read more →Fixing water flow, restoring hope
Water is not just a resource — it is life itself. It fuels our bodies, kitchens, classrooms, hospitals and businesses. When it stops flowing, everything else stops with it.
Read more →GCash has an IPO problem – and it’s a good one
Mynt Inc. president and CEO Martha Sazon shares the overwhelming excitement of many investors and the public on what is set to be the biggest initial public offering (IPO) in the country.
Read more →Jobless Pinoys fall to 2.77 million in August
The country’s unemployment level declined in August from the previous month as more jobs were created in the agriculture sector, according to the Philippine Statistics Authority.
Read more →MVP hikes Meralco stake with P2.2 billion SMC deal
Tycoon Manuel V. Pangilinan has struck another deal with Ang-led San Miguel Corp.’s power arm to further tighten his hold on Manila Electric Co..
Read more →Philippines plans to mandate 1% SAF mix by 2030
The Philippines is exploring a one-percent sustainable aviation fuel blending mandate for the aviation sector by 2030, according to a senior energy official.
Read more →PPA allots P1.35 billion for Ilocos Norte cruise port upgrade
One of the country’s dedicated ports for cruise arrivals in Luzon is getting a P1.35-billion budget for the construction of breakwater to reduce coastal risks and support marine navigation.
Read more →PSEi bounces back on bargain hunting
The local stock market bounced back as investors picked up bargain stocks following the previous day’s drop.The benchmark Philippine Stock Exchange index rose by 1.05 percent or 59.57 points to end yesterday’s session at 5,736.69.
Read more →Puregold Barangayan rolls out in 16 locations nationwide
Leading supermarket, Puregold Price Club Inc. is bringing its 28th anniversary celebration to communities across the country through Puregold Barangay Panalo, a nationwide program supported by the supermarket chain’s brand partners.
Read more →September inflation surge fuels rate-hike bets
Economists are increasingly expecting the Bangko Sentral ng Pilipinas to hike interest rates again this month after inflation surged to 7.2 percent in September, as broadening price pressures and risks from oil, transport fares and El Niño threaten to keep inflation elevated.
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