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Philippines Business News
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1488 articles from PhilStar Business
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PhilStar Business
Grab for Business announces integration with Concur Expense to modernize business travel management across Southeast Asia
This integration creates a more connected and automated experience for finance teams and employees alike.
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TNT wins gold award at Smarties Philippines
TNT, the value brand of Smart Communications, Inc. (Smart), has won a gold award at the recent Smarties Philippines for its network campaign under the Creator/Influencer/Celebrity Marketing (Impact Marketing) category.
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Bad news for coffee lovers: Lean harvest may lead to higher coffee prices
Bernardo Sotelo Jr. is the head barista for Masa Bakehouse, a well-known café in San Juan, La Union. He says that rising costs for coffee beans could force the shop to consider increasing drink prices.
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BSP profit more than doubles to P170.2 billion
The Bangko Sentral ng Pilipinas (BSP) more than doubled its net income to P170.2 billion in the first seven months of 2026 as foreign exchange gains surged and interest expenses declined.
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Igloo to expand services in Philippines
Al-native insurtech firm Igloo is looking to deepen its presence in the Philippines by expanding its services and partnerships with digital platforms, an official said.
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Irresponsible House budget
After the ghost flood control and pork funding scandal caused a major disruption to our economy, the House of Representatives still couldn’t resist its evil streak and passed a budget as horrible and irresponsible as in previous years.
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Living on Hail Marys
It is perhaps a good thing that we Filipinos are religious and that we believe in the power of collective prayer to save us from danger, because somehow — at least in my lifetime — there have been several instances when the country was on the verge of economic collapse because of political turmoil.
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LNGPH spending P6 billion for LNG storage expansion
LNGPH, the multibillion-dollar venture of tycoons Manuel V. Pangilinan, Sabin Aboitiz and Ramon Ang, is looking to spend roughly P6 billion to expand its liquefied natural gas (LNG) storage capacity.
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‘Make me sweat, make me water’
South African singer Tyla made waves with her Grammy-winning hit “Water,” but El Niño is putting the spotlight on water for a different reason.
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MDBs pledge timely support amid headwinds
Multilateral development banks (MDBs) are ready to provide support to developing countries in dealing with shocks amid global uncertainty, according to the Asian Development Bank (ADB).
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Mitsubishi open to boosting HEV production, joining RACE
Mitsubishi Motors Philippines Corp. (MMPC) may spend more than the planned P7 billion investment for hybrid electric vehicle (HEV) production under the EV Incentive Strategy (EVIS), even as it keeps the door open to the government’s proposed incentives for traditional fuel-powered car manufacturing.
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Poll: Another hike in BSP rates looms
The Bangko Sentral ng Pilipinas (BSP) is widely expected to raise interest rates again this week as resurgent inflation, a weaker peso and growing risks from food and energy prices strengthen the case for further monetary tightening.
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Rotation
US tech stocks, which had led the stock markets to record highs, fell sharply last week.
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Share prices seen to sync with GCash, BSP moves
The local stock market is expected to take its cue from two catalysts this week: the highly-anticipated market debut of GCash parent Mynt Inc. and the upcoming policy decision of the Bangko Sentral ng Pilipinas (BSP).
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Southlinks unveils retail strip, driving range ahead of 2027 lot turnover
Southlinks Estate, an upscale community in South Metro, is expanding its offerings with a new retail strip and modern driving range facility, both scheduled to open in 2027, as developer Height Realty Inc. prepares to turn over completed residential lots in January next year.
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Telco cites P1.2 billion in measurable business value from AI initiatives
One of the country’s major telcos said it has generated P1.2 billion in measurable business benefits from its artificial intelligence (AI) initiatives.
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Trading activity gets much-needed boost with new market-making rules
Trading activity in the Philippine capital market gets a much-needed boost with the issuance by the Securities and Exchange Commission (SEC) of the rules establishing a regulatory framework for market-making.
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BIR collections hit P2.47 trillion
The Bureau of Internal Revenue generated P2.47 trillion in gross revenues as of end-September, as it stepped up efforts to encourage voluntary tax compliance and assist taxpayers.
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Bright future for Fintech powerhouse
The initial public offering for Mynt, the parent company of GCash, is scheduled to debut on the Philippine Stock Exchange on Oct. 20, with several brokers reporting oversubscribed allocations.
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Cash on delivery still rules Philippines online shopping
The Philippines is expected to remain Southeast Asia’s last major market where cash-on-delivery accounts for more than a fifth of online purchases in 2027, even as digital payments continue to grow rapidly, according to financial technology firm Xendit.
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Coffee production seen to drip below 30,000 MT
Local coffee production is expected to decline this year as farmers contend with the effects of El Niño and rising production costs, an industry group said.
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Expanding bond market access for Philippines businesses
For a company seeking money to expand, issuing bonds means asking investors to believe it can keep a promise: pay interest on schedule and return their money when the debt falls due.
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GoTyme Bank makes cross-border remittances easier
GoTyme Bank, a joint venture between the Gokongwei Group and multi-country digital banking group Tyme, continues to make it easier for customers to send, receive, and manage money across borders as the Holiday season nears.
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