Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
8500 articles across all sources
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, […]
Read more →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.
Read more →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.
Read more →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.
Read more →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.
Read more →MPIC books higher core income in H1
Conglomerate Metro Pacific Investments Corp. (MPIC) delivered higher core earnings in the first half despite a challenging environment, supported by strong results from its power and water businesses.
Read more →Prices of building materials climb at fastest pace in over 3 years
Growth in retail prices of building materials in Metro Manila in July hit its highest level in over three years, driven by the faster increase in prices of painting materials, according to the Philippine Statistics Authority (PSA).
Read more →Prime Infrastructure eyes early finish for Rizal hydro
Razon-led Prime Infrastructure Capital Inc. is racing to bring its $2.57-billion hydropower project in Rizal online ahead of schedule.
Read more →Rice tariff collection rises 18 percent
The government’s rice tariff collection from January to July rose by 18 percent on an annual basis to almost P13 billion, driven by higher import volume and weaker peso, data from the Bureau of Customs (BOC) showed.
Read more →Sans political ads, GMA fumbles in H1
Broadcast leader GMA Network Inc. is struggling to grow its business outside the election cycle, nearly wiping out its profit in the first half due to the absence of political ads.
Read more →Sideways trading with upward bias likely
Share prices may move sideways this shortened trading week, with a slight upward bias, on hopes that the Bangko Sentral ng Pilipinas (BSP) will be less aggressive in raising interest rates.
Read more →Siyam-siyam
We have had about two weeks of almost non-stop rain even in the absence of a typhoon. In Tagalog, we call it siyam siyam.
Read more →SM Prime cautious on new residential launches
SM Prime Holdings Inc., the integrated property arm of the SM Group, is keeping a cautious stance when it comes to residential project launches for the remainder of the year.
Read more →To build or not to build: Dito weighs entry into data centers
It is becoming more and more tempting for Dennis Uy’s Dito Telecommunity Corp. to hop on the data center bandwagon, but it will likely do so only when it turns profitable.
Read more →Understanding the investor
Behavioral economics introduces psychology as the determining factor in how the consumer behaves.
Read more →What’s next for Dusit Thani Manila? ALI mulls options
Discussions are ongoing about the future of Dusit Thani Manila, a five-star hotel in Makati whose land lease will expire next year.
Read more →XPPen Marks Its 21st Anniversary with "DOODLE THE WORLD", Bringing Creativity Beyond Boundaries
LOS ANGELES, Aug. 16, 2026 /PRNewswire/ -- XPPen, a leading global digital art innovation brand, proudly celebrates its 21st anniversary. Marking 21 years of empowering creators worldwide, XPPen introduces this year's theme, "DOODLE THE WORLD," with a series of creative experiences, including the Global Art Toy Design Contest co-hosted by XPPen and TOP TOY, a globally renowned art toy brand, the upcoming Artist Ultra 14 drawing display, artist conversations, the Doodle & Spin Game on official we
Read more →New AI financing backstops allows compute buyers more control over business models
Read more →Teen boy among 6 dead including suspect in Michigan shootings; girl survived
MICHIGAN — A teenage boy and four adults were killed Friday in shootings that prompted a wide search for the fleeing gunman, whose body was ultimately found in a wooded area alongside one of his victims, authorities said. A teenage girl survived and was in stable condition, police said. Chad Hickman, 39, was found dead after a wide search in Missaukee County, police said. Police released the ages and genders of the victims on Saturday but did not specify whether they were related to each o
Read more →Europe's tallest statue of the Virgin Mary is inaugurated in a small Polish village
KONOTOPIE, Poland — An enormous statue of the Virgin Mary that is believed to be Europe's tallest was inaugurated on Saturday in a small Polish village, in the presence of legendary anti-communist leader Lech Walesa. Hundreds of people took part in the consecration of the monument, which towers 55.6 meters (182 feet) over Konotopie in central Poland, the home of fewer than 150 people. While helicopters scattered miniature red roses over the crowd, priests in white robes celebrated Mass and
Read more →Globalstar Confirms Successful Launch of All 8 HIBLEO-4 Replacement Satellites
Satellites launched aboard SpaceX Falcon 9 rocket reach orbital plane Globalstar HIBLEO-4 Launch Globalstar confirms the successful launch of all 8 HIBLEO-4 replacement satellites aboard SpaceX Falcon 9 rocket. COVINGTON, La., Aug. 16, 2026 (GLOBE NEWSWIRE) -- Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced the successful launch and deployment of its latest satellites, marking another significant milestone in the continued e
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