Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
300 articles from BusinessWorld
Samsung to get jump on Apple’s first foldable with new phones in July
SAMSUNG Electronics Co. will host its next Galaxy Unpacked event on July 22, when the leading foldable phone maker is expected to unveil a Galaxy Z Fold 8 with a shorter and wider design that resembles Apple Inc.’s planned folding iPhone. The Unpacked event will be in London, according to an invite that Samsung sent […]
Read more →Bad weather pushes PHL jobless rate to 4.8%
By Erika Mae P. Sinaking, Reporter The Philippines’ unemployment rate rose to 4.8% in May as job losses in agriculture, driven by bad weather, outweighed employment gains in services and other industries, the Philippine Statistics Authority (PSA) said on Wednesday. The unemployment rate increased from 3.9% a year earlier and 4.7% in April, while the […]
Read more →Philippine banks’ loan growth hits 15-month high in May
By Katherine K. Chan, Reporter Philippine banks’ loan growth posted its fastest pace in over a year in May amid faster lending for residents’ business activities, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. Universal and commercial banks’ total outstanding loans, net of reverse repurchase agreements, grew by 12.1% year on year in […]
Read more →Super Typhoon Bavi enters PAR, prompts Storm Signal No. 1 in Luzon
Super Typhoon Bavi (international name), which has been monitored since last week, has entered the Philippine Area of Responsibility (PAR), prompting the hoisting of Storm Wind Signal No. 1 in several areas in Luzon, according to the state weather bureau on Wednesday. Bavi entered the PAR at around 3 a.m. and was formally assigned the […]
Read more →Philippines core inflation hits 31-month high as headline CPI eases in June
PHILIPPINE headline inflation eased for a second straight month in June on lower transport and food prices, but pass-through effects pushed core inflation to its fastest pace in 31 months, the Philippine Statistics Authority (PSA) said.
Read more →SEC lifts ban on new online lending apps
THE SECURITIES and Exchange Commission (SEC) is lifting the moratorium on the registration of new online lending platforms (OLP) starting Aug. 1. At the same time, the SEC raised the capital and disclosure requirements for financing and lending companies, as it seeks to improve the regulatory oversight of the sector and boost consumer protection. The […]
Read more →DoF prioritizes signing of Pax Silica deal within the year
THE PHILIPPINES is hoping to sign a framework agreement under the US-led Pax Silica initiative before the end of the year as it seeks to position New Clark City as a hub for artificial intelligence (AI) and semiconductor manufacturing. “From what I understand, this is a priority. So, I hope we can get something signed […]
Read more →Philippines-Türkiye trade could hit $1 billion — envoy
AGRICULTURAL, seafood and halal exports could help lift trade between the Philippines and Türkiye toward the $1-billion mark, Türkiye Ambassador to the Philippines Niyazi Evren Akyol said.
Read more →A constellation of collaborative work
THE PRACTICE of Philippine muralism and socially engaged art has persisted over decades, across presidential administrations both ruthless and neglectful. Rooted in collaborations among artists and communities, it is marked by grassroots-based art projects and exhibitions, all of which operated in different pockets throughout the country — until recently.
Read more →Romancing stone, steel, and shooting stars
WE could have missed the gate to Reg Yuson’s property. The number outside the sculptor’s address was discreet. “There was a time when homes here had no numbers,” he said. “People in the neighborhood knew where everyone lived.”
Read more →A nudge and a wink for avid theatergoers
PETA Theater Center, 5 Eymard Drive, Brgy. Kristong Hari, New Manila, Quezon City.
Read more →Higher PSE fundraising target points to improving issuer confidence — analysts
THE Philippine Stock Exchange’s (PSE) decision to raise its capital-raising target for 2026, based on applications received so far, suggests companies are becoming more willing to tap the domestic equity market for growth capital, although structural challenges continue to constrain the local capital market, analysts said.
Read more →Arts & Culture (07/08/26)
THE Metropolitan Museum of Manila (The M) is holding a series of printmaking workshops every Saturday, 9 a.m. to 4 p.m., until November.
Read more →Robinsons Retail nears PSE exit after tender offer
LISTED retailer Robinsons Retail Holdings, Inc. (RRHI) has cleared a key hurdle in its planned voluntary delisting from the Philippine Stock Exchange (PSE) after its controlling shareholder JE Holdings, Inc. received enough tendered shares to exceed the minimum ownership threshold required for delisting. In a disclosure on Tuesday, RRHI said JE Holdings accepted 229.58 million […]
Read more →T-bond yields go down as June inflation slows
THE GOVERNMENT fully awarded the reissued Treasury bonds (T-bonds) it auctioned off on Tuesday at lower yields, with the offer attracting strong demand, as Philippine headline inflation slowed for a second straight month in June. The Bureau of the Treasury (BTr) borrowed its target P30 billion through the reissued 20-year bonds as the offer was […]
Read more →From Aparri to Jolo, WPS festival inspires 220 murals
TO MARK the July 12 anniversary of the landmark 2016 South China Sea Arbitral Award, 220 murals were completed nationwide as part of the West Philippine Sea (WPS) Mural Festival, bringing the issue into schools, public markets, military camps, community centers, municipal halls, and public spaces in Luzon, Visayas, and Mindanao. From the 220 entries, […]
Read more →CEB says AirAsia MOVE barred from selling its tickets
BUDGET CARRIER Cebu Air, Inc. (CEB), the operator of Cebu Pacific, said a Malaysian court has barred AirAsia MOVE, the online travel agency (OTA) of the AirAsia group, from using the airline’s trademarks in distributing and selling Cebu Pacific flight tickets without authorization. In a statement on Tuesday, Cebu Air said the High Court of […]
Read more →BSP to relaunch coin deposit machines this year, add units in 2027
THE BANGKO SENTRAL ng Pilipinas (BSP) is seeking to deploy reconfigured versions of its 25 existing coin deposit machines (CoDMs) in the Greater Manila area between end-October and early November this year. BSP Deputy Governor Bernadette Romulo-Puyat also told reporters on Monday that they aim to roll out an additional 25 units by January next […]
Read more →Filinvest turns over land to link Bicutan property to future rail hub
GOTIANUN-LED FILINVEST Land, Inc. has turned over a 6,000-square-meter (sq.m.) property in Bicutan to the Department of Transportation (DoTr) to facilitate the development of the Bicutan Station, while advancing plans to connect its adjacent 6.5-hectare (ha) property to the future rail hub. The property developer said the Bicutan Station will serve as an interchange between […]
Read more →Defending our arbitral victory is a global economic security imperative
The Strait of Hormuz became a focal point when the conflict in the Middle East erupted in February this year. Because the strait is a vital trade route, its closure massively disrupted the global economy, sending the price of oil and other goods soaring. The situation in the Strait of Hormuz offers a cautionary tale […]
Read more →June headline inflation hits 3-month low, but core inflation highest in more than 2 years
PHILIPPINE headline inflation eased for a second straight month in June on lower transport and food prices, but pass-through effects pushed core inflation to its fastest pace in 31 months, the Philippine Statistics Authority (PSA) said. Read the full story.
Read more →BSP flags cybersecurity risks from frontier AI models
BANKS and other financial institutions must ensure they have robust safeguards against potential threats from highly advanced artificial intelligence (AI) models as these could exploit vulnerabilities with a higher degree of sophistication, the Bangko Sentral ng Pilipinas (BSP) said. In a memorandum signed by BSP Deputy Governor Lyn I. Javier, the BSP said frontier AI […]
Read more →PAL to increase Japan, Australia flights
FLAG CARRIER Philippine Airlines (PAL) will increase flight frequencies to Japan and Australia starting in October to meet expected demand during the winter and year-end travel seasons. In a statement on Tuesday, PAL said it will add flights on three Japan routes during the Northern Hemisphere winter season. Beginning Oct. 25 through March 27, 2027, […]
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