Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
8446 articles across all sources
POGO ban, tax reforms boost Philippines gaming revenues last year
The nationwide ban on Philippine offshore gaming operators coupled with the reduction in gaming-related tax rates lifted the gaming industry’s revenues to a record level last year, an online casino brand said.
Read more →Poka-yoke: Stop mistakes before they cost you
A man stopped at a countryside coffee shop and ordered a cup of coffee.
Read more →PSEi dips below 6,300 on lack of fresh leads
The local stock market opened the week in the red territory as investors stayed on the sidelines amid lack of fresh leads.
Read more →RCBC joins BSP-backed direct debit network
Rizal Commercial Banking Corp. has become one of the first banks to go live on Direct Debit PH, allowing businesses to automatically collect recurring payments from customers even if their accounts are held with different financial institutions.
Read more →Remittances hit year-high in June
Remittances from overseas Filipino workers rose to $3.39 billion in June, the highest monthly level since December last year, as money sent home continued to support household spending despite a moderation in the growth of cash transfers.
Read more →Rice self-sufficiency rises to 78% in 2025
The country’s self-sufficiency in rice expanded in 2025, driven by the decline in imports which boosted reliance on domestic production.
Read more →San Miguel core profit jumps 48% to P54.2 billion
Diversified conglomerate San Miguel Corp. saw its core profit expand by nearly half in the first six months as the group’s businesses stayed resilient despite volatile global markets, higher costs and cautious consumer spending.
Read more →Shell swings to P2.7 billion loss amid Mideast crisis
Oil giant Shell Pilipinas Corp. suffered a net loss of P2.7 billion in the first half as continued oil price volatility stemming from the Middle East conflict hammered its operations.
Read more →‘Tighter bank credit adds to Philippines growth pressures’
Tighter lending conditions for both households and businesses could emerge as another drag on Philippine economic growth in the second half, as banks turn more cautious and higher interest rates increasingly filter through to borrowers, a global bank economist said.
Read more →Ube stakeholders form national federation
Stakeholders from the ube industry have formalized a national federation that will provide representation and policy direction amid the ongoing popularity of purple yam products.
Read more →Red rainfall warning up in more Batangas areas; Yellow warning up in Metro Manila
MANILA, Philippines — The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) raised the red rainfall warning over more areas in Batangas by Monday night. In its Heavy Rainfall Warning 10 issued at 11 p.m., the red warning covered these parts of Batangas: Calatagan, Lian, Balayan, Tuy, Calaca, Lemery, Mabini, Tingloy, Batangas City, San Pascual, Bauan, San Luis, Taal, Agoncillo, San Nicolas, Santa Teresita, Alitagtag. "Serious flooding is expected in flood
Read more →Milton Hydro Launches Two-Year Pilot Program of G&W Electric’s Safegrid Intelligent Grid System to Enhance Grid Reliability
MILTON, Ontario, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Milton Hydro Distribution Inc. (Milton Hydro) is pleased to announce the launch of a two-year pilot program deploying G&W Electric’s Safegrid Intelligent Grid System (IGS) sensor technology and analytics system across select areas of its distribution network. The initiative is designed to explore how advanced grid monitoring, fault detection, and predictive analytics can improve system visibility, operational efficiency, and reliability compared
Read more →CARVEL’S FLYING SAUCER LANDS AT ACTIVATE UNION SQUARE FOR GRAND OPENING WEEKEND
First-Of-Its-Kind Partnership Brings Iconic Character Cookie Puss, Honoring 75th Anniversary of the Flying Saucer to Interactive Gameplay in Manhattan During National Soft Serve Week NEW YORK, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Carvel and Activate are teaming up to bring the spirit of play to Manhattan as Activate, the first active-gaming experience, celebrates the grand opening of its first New York City location in Union Square during Carvel’s National Soft Serve Week on Saturday, Aug. 22. The
Read more →Six Five Media Unveils "AI Unleashed" Lineup for Six Five Summit 2026, Headlined by Salesforce CEO Marc Benioff
The three-day virtual event brings together the CEOs shaping enterprise AI - from platforms and infrastructure to chips, edge, agents, and sovereign compute. Front-row access. Free. Austin, Texas, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Six Five Media, the technology media brand founded by industry analysts Patrick Moorhead of Moor Insights & Strategy and Daniel Newman of The Futurum Group, today announced the full three-day agenda for The Six Five Summit: AI Unleashed 2026, its flagship virtual enter
Read more →Greenland Fjords Mappedas Skaergaard Advances Marine-Logistics Planning
News Provided by USA News Group on behalf of Greenland Mines Ltd. NEW YORK, Aug. 17, 2026 (GLOBE NEWSWIRE) -- USA News Group News Commentary - Shipping is the quiet constraint on Arctic mining. A deposit can be large, high grade and well understood, and still stall if there is no charted, surveyed way to bring vessels in and product out. Seabed mapping is rarely the headline item on an exploration budget, but it tends to arrive at the point at which a project begins gathering the marine and logi
Read more →Launch of share buy-back program of up to DKK 300m
COMPANY ANNOUNCEMENT NO 44/2026 - August 17, 2026 The Board of Directors of Royal Unibrew A/S has decided to initiate a share buy-back of up to DKK 300m. Objective The objective of the share buy-back is to adjust the capital structure of Royal Unibrew A/S. Authorization The share buy-back program is initiated within the authorization granted to the Board of Directors at the Annual General Meeting of the Company on April 30, 2024, to let the company acquire treasury shares equivalent to a total o
Read more →Prosecution to press on with VP Duterte impeachment trial — Barbers
MANILA, Philippines – Members of the House prosecution team on Monday insisted they have no knowledge of any talks for a “trade-off” involving Vice President Sara Duterte’s resignation that will pave the way for her to run in the 2028 elections. House prosecution panel adviser and spokesperson, former Surigao del Norte Rep. Robert “Ace” Barbers, said that any purported political negotiations are outside the prosecution’s mandate. “Well, as far as t
Read more →HCLTech report reveals telecom leaders identify AI as top revenue driver, but only 25% ready to scale
NEW YORK and NOIDA, India, Aug. 17, 2026 /PRNewswire/ -- HCLTech (NSE: HCLTECH) (BSE: HCLTECH), a leading global technology company, in partnership with Mobile World Live, a global telecom industry destination, today unveiled findings from its Telecom Pulse Survey Report, highlighting an execution gap between telecom leaders' AI ambitions and their readiness to deploy AI-native, autonomous and cloud native services at scale. Based on insights from nearly 200 senior executives across network oper
Read more →Cocrystal Pharma Appoints Carol Brosgart, MD to its Board of Directors
BOTHELL, Wash., Aug. 17, 2026 (GLOBE NEWSWIRE) -- Cocrystal Pharma, Inc. (Nasdaq: COCP) ("Cocrystal" or the "Company"), a clinical-stage biotechnology company developing novel therapeutics to meet the growing global need for effective, safe antiviral treatments, today announced the appointment of Carol Brosgart, MD to its Board of Directors, effective August 12, 2026. Dr. Brosgart brings several decades of experience in antiviral therapy, epidemiology, and biopharma advisory. "Dr. Brosgart holds
Read more →Thirteen CPAmerica Member Firms Recognized for Outstanding Workplace Culture in Accounting Today’s 2026 Best Firms to Work For
Accounting Today named ten CPAmerica firms as best firms to work for and three identified as honorable mentions. Gainesville, Florida, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Thirteen CPAmerica Member Firms Recognized for Outstanding Workplace Culture in Accounting Today’s 2026 Best Firms to Work For Gainesville, Fla. (August 17, 2026) - Accounting Today named ten CPAmerica firms as best firms to work for and three identified as honorable mentions. The annual survey and awards program, which is conduc
Read more →AKC Canine Partners Unveils Refreshed Brand and Launches Photo Contest Celebrating Mixed-Breed Dogs
NEW YORK, Aug. 17, 2026 (GLOBE NEWSWIRE) -- The American Kennel Club (AKC®), a not-for-profit organization, the world's largest registry of purebred and mixed-breed dogs, and a leading advocate for dogs, is excited to announce that submissions are now open for the AKC Canine Partners™ Photo Contest, inviting owners of mixed-breed dogs from across the country to celebrate the unique bond they share with their canine companions. Whether your journey began with a puppy, an older dog, or an unexpect
Read more →Interim Report H1 2026 - Profitable growth and market share gains
COMPANY ANNOUNCEMENT NO 43/2026 - August 17, 2026 Key Highlights H1 2026 Net revenue growth of 4% (underlying) and continued market share gainsGrowth lead by own brandsEBIT growth of 7% and 80bps margin expansion10.7% EPS growthCash flow for H1 2026 in line with our plans, supporting continued shareholder returnsFull‑year 2026 outlook reiteratedLars Jensen, CEO of Royal Unibrew, comments:"In the first half of 2026, we delivered a solid commercial performance across our markets, gaining market sh
Read more →Coloplast A/S - Announcement no. 6/2026 - Coloplast announces changes to Executive Leadership Team
Coloplast announces changes to Executive Leadership Team Today, Coloplast announces two changes to the company’s Executive Leadership Team (ELT). The changes strengthen the leadership of Coloplast’s people & culture agenda and introduce a change to the Wound & Tissue Repair business setup. Coloplast appoints Amanda Rajkumar as Chief People Officer Effective September 1, Amanda Rajkumar will join Coloplast and the Executive Leadership Team as Chief People Officer. The appointment reflects Colopla
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