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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

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Manila Times BusinessAug 17, 2026

US pulls last aircraft carrier in Asia

WASHINGTON — President Donald Trump's war against Iran is stretching the limits of US aircraft carriers and leaving the western Pacific without one of the key American warships as China shows more signs of aggression. The USS George Washington is departing the Pacific and expected to replace the USS Abraham Lincoln in the Middle East amid growing concerns about mental health and supply issues aboard the long-deployed carrier. The Lincoln has had its time at sea extended from its original M

Manila Times BusinessAug 17, 2026

‘1 in 4 Filipino seniors risk falling into poverty’

OFFICIAL poverty statistics show that less than 8 percent of Filipino senior citizens are poor. But new research presented this week suggests the number of people at economic risk is three times higher. A study on household vulnerability to income poverty, discussed at the recent Inclusive Social Protection Services in the Philippines’ Policy and Research Forum, found that while 7.8 percent of senior citizens were classified as poor in 2023, 24 percent were vulnerable to falling into pover

BusinessWorldAug 17, 2026

Ang to lead MPTC-SMC tollway giant as merger talks advance

METRO PACIFIC Tollways Corp. (MPTC) Chairman Manuel V. Pangilinan said San Miguel Corp. (SMC) Chairman and Chief Executive Officer (CEO) Ramon S. Ang will lead the companies’ planned combined tollway business as merger talks advance. “(The management) will mainly be in Ramon’s (Ramon S. Ang) hands. He will be the CEO,” Mr. Pangilinan said on […]

BusinessWorldAug 17, 2026

SM Prime takes cautious stance on residential projects

SM PRIME Holdings, Inc. is taking a cautious approach to residential projects as it monitors buyer demand, works through existing inventory, and completes developments already under construction. “For core and even premium, we’re taking a wait-and-see approach, checking how the market is reacting. We still have quite a bit of inventory to work through,” SM […]

BusinessWorldAug 17, 2026

Treasury bill, bond rates may be mixed on BSP policy bets

RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) to be offered this week could end mixed as the market digests the latest policy signals from the Philippine central bank chief. The Bureau of the Treasury (BTr) will auction off up to P60 billion in T-bills on Monday, or P20-25 billion in 91-day papers, […]

BusinessWorldAug 17, 2026

M&S to bring London store format to PHL

MARKS & SPENCER (M&S) will bring a new store format recently introduced in London to the Philippines, featuring a larger food section, as PT Mitra Adiperkasa Tbk (MAP) takes over the British retailer’s local operations.

BusinessWorldAug 17, 2026

Executive electric

The very first Lexus sedan BEV is now here LONG LIVE the sedan — or in this case, the executive sedan. Lexus Philippines has brought in the eighth-generation Lexus ES, a vastly evolved version of the nameplate that also ushers in, for the first time, full electrification in the Japan-headquartered auto marque’s sedan line. This, […]

BusinessWorldAug 17, 2026

The art of Jojie Lloren’s fashion

WE FIRST MET designer Jojie Lloren years ago on our TV screens: of all the Filipino designers who have crossed over to showbiz perhaps Mr. Lloren is one of the most familiar, due to his stint as a judge on Project Runway Philippines back in 2008. We then met him in the flesh a few […]

BusinessWorldAug 17, 2026

Peso to stay at P61 level as mart eyes policy review, US-Iran war

THE PESO could hold at the P61-a-dollar level this week, with the market looking ahead to the Philippine central bank’s policy meeting while monitoring developments in the Middle East. On Friday, the currency declined by 10.7 centavos to close at P61.45 versus the greenback from P60.343 on Thursday, according to data from the Bankers Association […]

BusinessWorldAug 17, 2026

Prime Infra says Wawa pumped storage project on track for 2030

RAZON-LED Prime Infrastructure Capital, Inc.’s (Prime Infra) $2.57-billion Wawa Pumped Storage Power Project is 18% complete and remains on track to begin operations by 2030, its top official said. Prime Infra President and Chief Executive Officer Guillaume Lucci said the project’s integrated bulk water component has already been completed and has been operating for some […]

BusinessWorldAug 17, 2026

Dairy output rises in first half due to gov’t support

THE National Federation of Dairy Farmers and Stakeholders Association said expanded government support for the dairy industry helped increase milk production, the size of the dairy herd, the value of production, and farmgate prices in the first half.

BusinessWorldAug 17, 2026

Moving a nation forward

The SONA maps out our mobility future and more LAST MONTH, President Ferdinand “Bongbong” R. Marcos, Jr. (PBBM) made his report to the Filipino people at his annual State of the Nation Address (SONA). It is that time of the year when there is no lack of differing opinions on the gains or the ails […]

BusinessWorldAug 17, 2026

A few finds at MaArte

ONE of the most awaited events in the lifestyle fair circuit, the MaArte Fair, is organized by the Museum Foundation of the Philippines, Inc. It functions as a fundraiser for the National Museum, with a particular focus on giving scholarships and grants. Since 2017, it has been held at The Peninsula Manila, this year occupying […]

BusinessWorldAug 17, 2026

BSP bills fetch higher rate despite oversubscription

THE BANGKO SENTRAL ng Pilipinas’ (BSP) short-term securities fetched a higher average yield for a ninth straight week even as the offer was met with strong demand, recovering from the prior week’s undersubscription. Bids for the 28-day BSP bills amounted to P52.315 billion on Friday, exceeding the P30 billion placed on the auction block. This […]

BusinessWorldAug 17, 2026

Monkeys in geopolitics: The absurd

(Part Two) The absurdity of the claim floated, supposedly by academics, about the Batanes Islands as part of the territory of Taiwan beggars reason. Chinese leadership must really think Filipinos to be monkeys, as they have already let fly in global political discussion. But this screed only makes the claim outrageous. First of all, the […]

BusinessWorldAug 17, 2026

Semirara falls on coal auction delay

SHARES of Semirara Mining and Power Corp. (SMPC) ended lower week on week on Friday after the Department of Energy (DoE) delayed its coal block auction and amid concerns over the company’s earnings outlook, analysts said.

BusinessWorldAug 17, 2026

Audi PHL introduces all-new RS 5

AUDI PHILIPPINES recently launched the newest version of the Audi RS 5 in a multi-car display at the Rockwell Power Plant Mall in Makati. The model is now available for reservation, with first shipments expected to arrive in October.

BusinessWorldAug 17, 2026

Uniqlo highlights versatility for the rainy season

UNIQLO takes inspiration from modern city living for its Fall/Winter Lifewear collection. Designed for everyday versatility, it aims to reimagine wardrobe essentials to meet the evolving demands of lifestyles in motion, both rain and shine. On Aug. 11, guests braved a storm to see the new collection in the Palacio de Memoria in Parañaque, along […]

BusinessWorld BankingAug 17, 2026

Debt yields end lower as data temper Fed, BSP tightening bets

YIELDS on government securities (GS) traded in the secondary market mostly fell last week as expectations for rate hikes by the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP) eased following slower US July inflation and weak Philippine second-quarter domestic growth data.

BusinessWorld BankingAug 17, 2026

Banks’ borrowings from BSP’s discount window facility hit P60B

PHILIPPINE BANKS availed of over P60 billion in loans through the Bangko Sentral ng Pilipinas’ (BSP) discount window facility (DWF) last year, data from the regulator showed. Loans extended by the BSP to banks via the DWF reached P60.1 billion at the end of 2025, according to central bank data. This was up from 2024, […]

PhilStar BusinessAug 17, 2026

A matter of competence

It was an interesting conversation that members and guests of the Monday Circle had last week with Megawide Construction Corp. founder, chairman and CEO Edgar Saavedra.

PhilStar BusinessAug 17, 2026

Clark’s P4 billion food hub partially ready by 2027

The Department of Agriculture (DA) is targeting to start partial operation of the P4-billion Clark National Food Hub by end-2027, according to Agriculture Secretary Francisco Tiu Laurel Jr.

PhilStar BusinessAug 17, 2026

Garin hopeful on MIC-NGCP deal closing

Energy Secretary Sharon Garin remains optimistic that Maharlika Investment Corp.’s (MIC) P19.7-billion entry into the country’s grid operator could be completed before the year ends.

PhilStar BusinessAug 17, 2026

Impact on power competition: Ang’s entry into Lopez empire on ERC’s radar

Tycoon Ramon Ang’s investment in the Lopez Group has drawn the attention of the Energy Regulatory Commission (ERC), which is ready to assess its potential impact on competition in the electricity market.

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