Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
2426 articles across all sources
BSP digitizes foreign debt data survey
THE BANGKO SENTRAL ng Pilipinas (BSP) has started automating the collection of residents’ external debt records that were previously unregistered for its monitoring and as part of its broader digitalization efforts. In a circular signed by BSP Deputy Governor Zeno Ronald R. Abenoja on June 18, the BSP said all resident borrowers must submit their […]
Read more →‘2 in 5 firms unprepared for new European Union duty rules’
Two in five businesses in Asia-Pacific, including in the Philippines, may find it difficult to comply with the additional cost of exporting to the European Union starting July, according to logistics giant FedEx Corp.
Read more →‘BIR, BOC revenue targets retained’
The government has maintained collection targets for its two biggest revenue agencies despite a national energy emergency, the Department of Finance (DOF) said.
Read more →BSP eases rules as Middle East tensions shake markets
The Bangko Sentral ng Pilipinas (BSP) has granted temporary regulatory relief to banks and quasi-banks to shield their reported capital positions from unrealized losses on peso government securities caused by market volatility from the Middle East conflict.
Read more →Century Properties raising P3 billion to support expansion
Century Properties Group Inc. (CPG) of the Antonio family is raising fresh capital through a fixed-rate notes issuance to support its expansion.
Read more →Financial system resources hit record P37.3 trillion in April
Total resources of the Philippine financial system climbed to a record P37.31 trillion as of end-April, driven by sustained growth in bank assets and the continued expansion of digital lenders.
Read more →Forest Lake honors sales force following record 2025 growth
Forest Lake Development Inc., one of the country’s leading memorial park developers, gathered more than 550 guests at Okada Manila on April 21 for its 12th National Sales Convention, a celebration that honored its people, partnerships and shared values behind the company’s continued nationwide growth and record-breaking achievements in 2025.
Read more →Government eyes first nuclear auction in mid-2027
The government is targeting June 2027 for the country’s first nuclear tender, with the winning bidder expected to secure a ready market for the project and potential access to state funding support.
Read more →Government to borrow P1.12 trillion from domestic market
The Marcos administration will borrow as much as P1.12 trillion from the local debt market in the third quarter, leaning heavily on domestic financing amid global uncertainties.
Read more →Industry groups push for joint review of nutrition profiling model
The Philippine Chamber of Food Manufacturers Inc. (PCFMI) and other industry groups are pushing for their inclusion in the further review of the Philippine Nutrient Profile Model (PNPM) to ensure that it reflects current dietary patterns and realities.
Read more →LRT-2 traffic up, but revenue dips
The Light Rail Transit Line 2 (LRT-2) is suffering from a double-digit revenue freefall due to the higher discounts granted to students, senior citizens and persons with disabilities (PWD).
Read more →Meralco Group plots renewable energy expansion with VinEnergo
Pangilinan-led Meralco Group is expanding its power portfolio with Vietnam’s VinEnergo in a partnership that could unlock 25 gigawatts (GW) of renewable energy (RE) and battery storage capacity.
Read more →Off-grid areas eyed for full hybridization
The government is racing to bring renewable energy (RE) to the country’s most remote communities, targeting full hybridization by 2030 to reduce their costly reliance on diesel power.
Read more →Pepsi targets above-GDP sales growth for 2026
Beverage firm Pepsi-Cola Products Philippines Inc. (PCPPI) is aiming for sales to outpace the country’s economic growth this year to be supported by strong demand for flavored and energy drinks and the expansion of its distribution network.
Read more →Philippines eyes Indonesia link for Asean Power Grid
The Philippines is exploring a potential interconnection with Indonesia under the broader ASEAN Power Grid initiative, which aims to enable cross-border electricity trade across Southeast Asia.
Read more →Philippines more expensive than Vietnam, Thailand
Vietnam and Thailand continue to attract more tourists than the Philippines as our two Association of Southeast Asian Nations (ASEAN) neighbors are able to offer cheaper prices.
Read more →RLC infusing 6 additional malls into RCR
Gokongwei-led real estate developer Robinsons Land Corp. (RLC) is infusing more mall assets into its real estate investment trust company, RL Commercial REIT Inc. (RCR), through a P10.62-billion property-for-share swap transaction.
Read more →Serious threat to BPO industry
The threats to the local industry that’s keeping millions of our young people profitably employed have been festering for some time now. One of these is the threat of AI on the voice part of our BPO industry. The other one is a pending bill in the US Congress seeking to bring back offshored call center jobs to the US.
Read more →Stocks bounce back on bargain hunting
The local stock market bounced back yesterday as investors shopped for bargains following two consecutive sessions of decline.
Read more →Impeachment prosecutors push pre-trial extension due to "voluminous" documents
MANILA, Philippines — The public prosecutors in the impeachment trial of Vice President Sara Duterte have asked the Senate Impeachment Court to adopt additional measures as the marking of evidence continues in the pre-trial proceedings, noting the "voluminous" documents that are still being processed by both the prosecution and the defense. During a press briefing at the House of Representatives on Tuesday, House lead prosecutor and Batangas Rep. Gerville Luistro said that their team is se
Read more →DXC Collects $213,560,494.98 in Landmark IP Theft Case From TCS
Supreme Court declines to disturb ruling that TCS willfully misappropriated DXC's trade secrets, reinforcing the importance of protecting IP and customer trust ASHBURN, Va., June 23, 2026 /PRNewswire -- DXC Technology (NYSE: DXC), a leading enterprise technology and innovation partner, today announced it has collected $213,560,494.98. from Tata Consultancy Services (TCS) in a landmark trade secrets case involving DXC subsidiary Computer Sciences Corporation (CSC). The Supreme Court declined to d
Read more →"Skin Barrier Care Starts at the Sink" -- Dr.BRID C Offers Its Signature K-beauty Cleanser at $9.99 for a 4-Day Prime Day Campaign
Revived by a single college student's letter, the Soothing Jelly Cleanser invites shoppers to experience the brand's belief that barrier protection begins with cleansing. NEW YORK and SEOUL, South Korea, June 23, 2026 /PRNewswire/ -- Dr.BRID C, a next-generation, biotech-based K-beauty skin barrier brand from Korea, announced it will offer its signature Soothing Jelly Cleanser at $9.99 - 38% off its $15.99 regular price - for four days only during Amazon Prime Day (June 23-26). Dr.BRID C Soothin
Read more →Fourth China International Supply Chain Expo Opens in Beijing
BEIJING, June 23, 2026 /PRNewswire/ -- The Fourth China International Supply Chain Expo (CISCE) opened in Beijing on June 22. Fourth China International Supply Chain Expo Opens in Beijing Remarks were also made by South African Deputy President Paul Mashatile, International Chamber of Commerce Secretary General John W.H. Denton AO, and CITIC Group Chairman Xi Guohua. Jennifer Jordan-Saifi, Chief Executive Officer of the Sustainable Markets Initiative, read out a congratulatory message from His M
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