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🇵🇭 Local Market Intelligence

Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

1488 articles from PhilStar Business

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PhilStar Business

SMPC: Semirara coal auction rules unfair

Semirara Mining and Power Corp. has pushed back against what it calls “unfair” rules governing the auction of the country’s largest coal mine, with the bidding process now facing another delay.

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PhilStar Business

Villar Group trims AllDay, AllHome stores

The Villar Group has trimmed its AllHome and AllDay branches as part of its store network optimization program.

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PhilStar Business

West Cebu Estate expands with Aboitiz Foods feedmill

Aboitiz Economic Estates is strengthening West Cebu Estate’s position as an integrated industrial hub with the entry of Pilmico, an Aboitiz Foods company, as its newest locator.

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PhilStar Business

Pag-IBIG tie-up supports RLC residential conversion

RLC signed an MoU with Pag-IBIG to expand home loan accreditation across its resi portfolio.

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PhilStar Business

VITRO REIT IPO pushed to 2027

PLDT deferred the planned VITRO REIT IPO to 2027, citing market conditions and higher interest rates.

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PhilStar Business

Power: El Niño tightens supply, lifts price upside

DOE warned that a prolonged El Niño could raise the risk of power interruptions and higher electricity bills as extreme heat strains thermal plants and lower water availability weighs on hydro generation.

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PhilStar Business

Jobless Filipinos drop to 2.77 million in August

The number of jobless Filipinos in August this year declined to 2.77 million, indicating a 5.3% drop in the unemployment rate from July’s 6%.

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PhilStar Business

4 Filipina execs make Fortune’s Asia power list

Four executives made Fortune Magazine’s 100 Most Powerful Women in Asia for 2026, with the president and CEO of soon-to-be listed e-wallet giant GCash topping the Filipina business leaders on the roster.

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PhilStar Business

‘GCash IPO offers potential upside’

A huge potential upside is seen for investors participating in the initial public offering of GCash parent Mynt Inc., which is slated to be the largest in the country’s history at P60.9 billion.

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PhilStar Business

Hot pandesal

The condo glut reminds me of hot pandesal.

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PhilStar Business

KABAN Boracay expands dining options

KABAN Boracay is expanding its food and beverage portfolio ahead of its grand launch on Oct. 11, bringing Korean restaurant Chung Dam and Japanese dining brand Umi Matsu to its Station 0 complex.

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PhilStar Business

Moody’s completes PhilRatings acquisition

Moody’s Corp. has completed its acquisition of a 19.99-percent stake in Philippine Rating Services Corp., expanding its regional presence as it sees corporate expansion and infrastructure needs supporting Philippine bond issuance.

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PhilStar Business

Pax Silica: The long road ahead

This US-led effort on artificial intelligence and supply chain security aims to advance a new economic security consensus among its allies and trusted partners.

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PhilStar Business

PEZA races toward P300 billion goal as investments surge in 9 months

The Philippine Economic Zone Authority is close to hitting its P300-billion investment target for the year as investment approvals surged by 92 percent from January to September.

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PhilStar Business

PLDT defers VITRO listing

Telco giant PLDT Inc. is postponing the P24.2-billion listing of its data center arm, blaming rising interest rates and the worsening economic health for its decision to defer.

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PhilStar Business

RLC joins Pag-IBIG’s 4PH program

Robinsons Land Corp. has joined the government’s expanded affordable housing program, partnering with Pag-IBIG Fund to offer Filipino workers more housing options with preferential pricing and buyer incentives.

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PhilStar Business

September inflation sizzles to over 3-year high

Inflation in September accelerated at its fastest pace in more than three years, driven mainly by faster food price increases, according to the Philippine Statistics Authority.

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PhilStar Business

Stocks drop as September inflation heats up

The local stock market plunged yesterday after sentiment was weighed down by the country’s September inflation, which soared to a three-year high.

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PhilStar Business

World Bank retains Philippines growth forecasts

The World Bank has kept its growth forecasts for the Philippines through 2028, flagging the country’s high vulnerability to global fuel shocks relative to its neighbors.

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PhilStar Business

Mynt offers real-time IPO allocation starting at 100 shares for GStocks PH users via GCash

The IPO shares will be available directly in the GCash app through GStocks PH

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PhilStar Business

Philippine inflation jumps to 7.2% in September 2026

The Philippine Statistics Agency reported on Tuesday, October 6 that the country’s headline inflation rate had risen sharply compared to August’s 6.1% record.

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PhilStar Business

PNP awards Unilab for expanding access to Police Health Care

The award acknowledged the company’s steadfast support for the PNP’s health initiatives.

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PhilStar Business

Price Tracker: Oil, fuel monitor for October 6-12

Diesel prices down; kerosene, gasoline up this week.

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PhilStar Business

AboitizPower sells power barges to Razon firm

Aboitiz Power Corp. has sold its two mothballed barge-mounted power plants currently docked in Navotas to Razon-led MORE Electric and Power Corp.

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