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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

274 articles from Rappler Business

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Rappler Business

Poverty rate hits record low 9.7%, but millions are one crisis from sliding back

Around 6.5 million Filipinos were lifted out of poverty between 2023 and 2025, but the World Bank estimates that at least 28% of the population remain at risk of falling back into poverty

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Rappler Business

Gabby Lopez’s gamble to save ABS-CBN

The climb in ABS-CBN's stock price is the market’s display of confidence in the P6-billion rescue plan

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Rappler Business

Northern lights closer? Philippines, Iceland open door to daily flights

The agreement could lay the groundwork for daily flights between the Philippines and Iceland, though no airline has announced plans to use the new rights

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Rappler Business

ABS-CBN makes room for new owners

There's a trade-off embedded in ABS-CBN's P6-billion rescue

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Rappler Business

[Good Business] Human centricity in AI: Putting people before the machine

The decisive question is whether human beings, in their pursuit of AI-powered efficiency, will remain humane

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Rappler Business

[In This Economy] Apocalyptic rains and their economic costs

What do weeklong rains cost an economy already struggling to grow? And how might we fare with climate change only expected to worsen in coming years?

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Rappler Business

ABS-CBN talks up its ‘new’ future, but its new owners weren’t in the room

Every box on Wednesday’s agenda of ABS-CBN's annual stockholders' meeting had been ticked, but outside that agenda, the harder work was only beginning

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Rappler Business

[Vantage Point] What is ABS-CBN’s stock-market listing still worth?

The burden of proving the economic usefulness of ABS-CBN's listing on the Philippine Stock Exchange has changed

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Rappler Business

CA overturns permit revocation of Villar’s SIPCOR

The revocation of S.I. Power Corporation's permits stemmed from prolonged outages in Siquijor in 2025, which the Energy Regulatory Commission linked to operational failures by the Villar-linked generator

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Rappler Business

Banks, retirees, the business: Where will ABS-CBN’s P6-billion rescue go?

When stockholders of ABS-CBN finally meet on Wednesday, August 19, the question hanging is no longer simply who was willing to rescue it. It is where the rescue money will go, how much will be spent paying for ABS-CBN’s past, and how much will remain to build its future.

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Rappler Business

[Vantage Point] Companions in power: When Ramon Ang goes up against Ramon Ang

His personal investment in Lopez Inc. is not necessarily a conflict of interest. But there are red lights.

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Rappler Business

PDIC lost P107B. Why is only P57B in the 2027 proposed budget — and not guaranteed?

The P57-billion figure may say more about the government’s tight fiscal limits than about what the state bank deposit insurer actually needs

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Rappler Business

Pax Silica not in proposed 2027 budget as economic managers say nothing final yet

If it pushes through, Pax Silica's lease income is expected to 'far outweigh' the costs of managing the proposed New Clark City hub, according to Finance Secretary Frederick Go

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Rappler Business

ABS-CBN is now 84% content — and still losing money. Can P6 billion fix it?

Six years after losing its franchise, ABS-CBN still hasn’t found its way back to profit. Now, a P6-billion infusion of fresh capital could help change its fortunes.

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Rappler Business

Fuel price hike again on August 18 after last week’s rollback

The increase undoes part of last week’s price cuts, with diesel again under pressure

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Rappler Business

Iran war a boon for China’s electric trucks, fueling export surge

China’s rapid adoption of e-trucks partially shields the world's biggest auto market from the impact of the conflict. Now other countries are scrambling to follow.

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Rappler Business

ERC scrutiny adds a new wrinkle to Ramon Ang’s Lopez Inc. investment

(1st UPDATE) Energy Regulatory Commission Chair Francis Saturnino Juan says the regulator is looking into issues involving generation market-share limits and cross-ownership restrictions

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Rappler Business

What it took to save ABS-CBN

Gabby Lopez found a way around the family fight that had stalled fresh money for the network. But the P6-billion rescue also rewrites who owns ABS-CBN, and who gets a say in what it becomes.

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Rappler Business

[Finterest] Concentrix rolls out matched PERA for employees. Is it time to start yours?

In case you haven't heard of the hottest retirement savings program, PERA offers you a way to start investing for your retirement while getting tax advantages

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Rappler Business

[Vantage Point] Whose P3.5 billion is I&C investing in ABS-CBN?

(1st UPDATE) I&C could become ABS-CBN’s largest single shareholder. So who exactly is I&C?

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Rappler Business

The renovation is done. Now Ayala is changing the shops inside its malls.

As malls complete their glow-up, Ayala Land hopes it can ‘bring in the concepts to kind of match the new physical experience’

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Rappler Business

[Vantage Point] Solar Para sa Bayan: When public privilege meets accountability

Senator Loren Legarda's defense that 'no public funds were involved' does not fully dispose of the controversy. Public resources are not confined to money released from the Treasury.

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Rappler Business

DTI, Converge launch AI, digital transformation programs for MSMEs

The launch includes a 380-square-meter DTI center that houses co-working spaces, training rooms, startup areas, tech showcases, and more

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Rappler Business

Making sense of US firm KKR’s offer on Lopez family’s First Gen

The Lopez family now has two separate reasons to be careful about how its internal fight ends

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