Philippines Business News

CMA CGM to operate two Syrian dry ports under new deal

"We’re not there yet," Rubio says on Iran peace deal talks

LPA to drench the country on Friday, says PAGASA

A low-pressure area (LPA) is expected to bring rains over large parts of the country on Friday, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). The LPA being monitored within the Philippine Area of Responsibility was located 875 kilometers east of southern Mindanao, PAGASA said in a tropical cyclone formation outlook released […]

PHL logs over 4,600 new HIV cases in Q1; nearly all cases reported among males — DoH

The Philippines recorded 4,633 new confirmed cases of Human Immunodeficiency Virus (HIV) during the first quarter of 2026, with nearly all cases occurring among males, according to the Department of Health (DoH). The newly logged cases translate to a ninefold increase from January to March compared with the same period last year, the DoH said […]

Mexico GDP falls less than expected on weak manufacturing

Portugal faces budget challenge after storms cost €2 billion

[In This Economy] Stagflation by any other name would smell as bad

Whether or not the present economic crisis is called stagflation, the mix of high prices and weak growth is just as bad, and demands a proportional and coherent response from government

Enterprise-wide adoption of AI coming soon, says Boomi

By Cathy Rose A. Garcia, Editor-in-Chief CHICAGO – Developments in artificial intelligence (AI) are accelerating at exponential rates, and companies are expected to adopt AI at a faster pace in the next few months, according to data activation company Boomi. “I think we are going to start seeing enterprise-wide adoption of AI. I think we’ve […]

Call Center Philippines: The Fortune 500 Vendor Selection Playbook

The 6-Phase Protocol That Reduces Outsourcing Failure to Near Zero Over 65% of SME outsourcing initiatives fail to achieve their stated financial or customer experience objectives. Fortune 500 corporations operate under a completely different paradigm — a structured 6-Phase procurement protocol that reduces operational failure to near zero. This is the full framework. The standard approach to offshore call center […]

BPO Philippines: How agentic AI workflows are helping redefine CX

What happens when world-class human expertise is repositioned around AI orchestration rather than against it?

[OPINION] Globe Telecom continues to sizzle with strong Q1 performance

Globe Telecom has established itself over time as a top investment pick compared to the other companies from its industry sector

BSP ‘considering’ off-cycle rate hike as inflation risks worsen

By Katherine K. Chan, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) has opened its door to a more aggressive monetary policy path to curb inflation as persistent shocks stemming from the Middle East conflict continue to feed into consumer prices. In an exclusive interview on One News’ Money Talks with Cathy Yang on Thursday, BSP […]

ADB likely to cut PHL growth outlook anew

GROWTH PROJECTIONS for the Philippines are likely to be revised downward again as the prolonged conflict in the Middle East continues to weigh on economic activity, according to Asian Development Bank (ADB) Country Director for the Philippines Andrew Jeffries.

SEC imposes 10-year term limit for broker directors serving on exchange boards

THE SECURITIES and Exchange Commission (SEC) is imposing a cumulative 10-year term limit on broker directors serving on exchange boards, a rule that is being opposed by some market participants. Under SEC Memorandum Circular No. 17, a broker director may serve a maximum cumulative period of 10 years in the same exchange, whether cumulative or […]

Philippine financial system resources climb in Q1

THE PHILIPPINE financial system’s total resources rose to P37.45 trillion in the first quarter of 2026 as the sector’s assets ballooned despite headwinds stemming from the Middle East war, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.

InstaPay, PESONet transactions top P10 trillion at end-April

DIGITAL PAYMENTS continued to expand in the Philippines as transactions made via InstaPay and PESONet reached a total value of over P10 trillion as of April, data from the Bangko Sentral ng Pilipinas (BSP) showed. In the first four months of the year, the combined value of InstaPay and PESONet transfers amounted to P10.388 trillion, […]

AGI income rises to P5.2 billion as property, hospitality drive growth

ANDREW L. TAN-LED conglomerate Alliance Global Group, Inc. (AGI) posted a 5% rise in first-quarter (Q1) attributable net income to P5.2 billion, driven by growth in its property, hospitality, leasing, and spirits businesses. In a statement on Thursday, the company said January-to-March net income stood at P7.8 billion, up 6% from the normalized P7.4 billion […]

Vivant studying follow-on offer for P67-B pipeline

CEBU-BASED conglomerate Vivant Corp. is studying the possibility of conducting a follow-on offering to help finance its planned P67-billion investment pipeline through 2030. “We’re studying the possibility of doing a follow-on offering also. But of course, we have to consider the market conditions when we do the follow-on offering,” Vivant Chief Finance Officer and Risk […]

Megawide profit up 24% on stronger operations

MEGAWIDE Construction Corp. posted a 24% increase in first-quarter (Q1) attributable net income to P265.35 million, driven by strong results from its real estate operations and sustained performance from its construction segment. “Our results in the first three months are consistent with our back-ended target for the year. While we sustained a healthy performance early […]

RLC-led JV breaks ground on Clark FedEx facility

ROBINSONS Logistix and Industrials, Inc. (RLX) and Asian Infrastructure Holdings Corp. (AIHC) have broken ground on a build-to-suit logistics facility for FedEx Corp. in Pampanga. “This partnership reflects Robinsons Land’s commitment to developing well-located, future-ready logistics facilities that support the growth requirements of world-class companies such as FedEx,” RLX General Manager Cora Ang Ley said […]

Moody’s affirms BDO and BPI’s ratings, outlooks

MOODY’S RATINGS has affirmed its long- and short-term ratings and outlooks for BDO Unibank, Inc. and Bank of the Philippine Islands (BPI), citing their profitability and strong deposit bases. The debt watcher affirmed the two banks’ “Baa2/P-2” long- and short-term foreign and local currency deposit ratings and “stable” outlooks, it said in separate statements late […]

FNI profit jumps on higher nickel ore prices, shipments

LISTED miner Global Ferronickel Holdings, Inc. (FNI) posted a sharp increase in first-quarter (Q1) earnings, driven by higher nickel ore prices and increased shipment volumes from its Palawan operations. In a statement on Thursday, the company said attributable net income surged 169.6% to P478 million from P177.3 million a year earlier, while revenues rose 36.6% […]

Metrobank taps ex-Sun Life Philippines country head as independent director

METROPOLITAN Bank & Trust Co. (Metrobank) has appointed former Sun Life of Canada (Philippines), Inc. (Sun Life Philippines) Chief Executive Officer and Country Head Benedict C. Sison as its new independent director. This came after the resignation of Philippine Savings Bank President Jose Vicente L. Alde as Metrobank director to focus on the thrift bank. […]

Board game celebrates Philippine modern art

PLAYING board games is a cherished pastime among family and friends, especially now that people taking time away from screens is rare. There are various tabletop gaming clubs, organizations, and informal groups that cater to everyone from casual hobbyists and social players, to serious board game enthusiasts, who meet up weekly to sit down and spend hours at the tabletop.