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Philippines Business News

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

23 articles from BusinessWorld

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BusinessWorld

Taal Vista Hotel opens its doors to newly renovated rooms, Presidential Villa

Taal Vista Hotel has opened its Presidential Villa and unveiled newly renovated rooms as part of its ongoing property upgrades. The hotel recently introduced the Presidential Villa, a 630.2-square-meter private retreat overlooking Taal Lake. The villa features a grand foyer and living area, formal dining room, expansive Master Suite with veranda views of Taal Lake, […]

BusinessWorld

US Embassy pushes for more Filipino students in America

The US Embassy in the Philippines encouraged more students to explore higher education opportunities in America, following a 50% increase in the Filipino student population in the country. “The United States is really a leader in both quality and innovative education, and the doors are very much open for Filipino students,” Jessica Simon, counselor for […]

BusinessWorld

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 […]

BusinessWorld

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 […]

BusinessWorld

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 […]

BusinessWorld

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 […]

BusinessWorld

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 […]

BusinessWorld

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.

BusinessWorld

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 […]

BusinessWorld

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.

BusinessWorld

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, […]

BusinessWorld

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 […]

BusinessWorld

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 […]

BusinessWorld

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 […]

BusinessWorld

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 […]

BusinessWorld

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 […]

BusinessWorld

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% […]

BusinessWorld

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. […]

BusinessWorld

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.

BusinessWorld

Pioneer sees growing demand for ‘sachet-style’ insurance

SINGAPORE — Pioneer Group of Companies sees rising demand for “sachet-style” insurance products as climate-related risks heighten vulnerabilities among low-income communities in the Philippines. “You really want to empower people. You want them to take responsibility for their lives. But they can’t if there’s no tools,” Pioneer, Inc. President and Chief Executive Officer Lorenzo O. […]

BusinessWorld

Turning sustainability into savings: Ayala Group helps Filipinos navigate high energy costs

As elevated oil prices and supply disruptions continue to affect households and businesses, Ayala Corporation is mobilizing its group-wide capabilities to help cushion the impact on Filipino consumers. Through investments in sustainability and operational efficiency, the Group is enabling more stable, cost-efficient solutions across energy, mobility, logistics, finance, and connectivity. Sustainability is central to this approach, not just […]

BusinessWorld

BPI may issue first blue bond this year

BANK of the Philippine Islands (BPI) could issue its first blue bond within the year but remains open to other funding options amid surging interest rates. “One of the things that we would really like to do is issue a blue bond which is linked to water-related investments. Not only because we put the effort […]

BusinessWorld

Content creator Jemay Santiago opens up through music

FOR Filipino R&B artist Jemay Santiago, who is also a prominent online content creator, making music allows her to reveal a more vulnerable side that is different from her more jovial public persona. So, it is not a surprise that her latest single, “1A,” which was released this month, presents a laidback sound and an inner depth.