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Philippines Business News

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

1249 articles from PhilStar Business

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PhilStar Business

AirAsia Group, Pegasus Airlines launch codesharing partnership

Low-cost air carriers AirAsia Group and Turkey’s Pegasus Airlines have entered a codesharing partnership aimed at providing seamless connections between destinations in Europe and Southeast Asian countries, including the Philippines.

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PhilStar Business

Alphaland extends support to Itogon communities

Alphaland Baguio Mountain Lodges is working with the local government and neighboring communities in Itogon, Benguet, following a month of sustained rainfall that has triggered landslides and disrupted several areas of the municipality.

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PhilStar Business

Ang: Airport project did not cause Bulacan flooding

San Miguel Aerocity Inc. , the developer of the New Manila International Airport (NMIA), has maintained that its airport development in Bulacan includes long-term flood mitigation measures, as it pushed back against claims linking the airport to recent flooding.

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PhilStar Business

DMCI mining unit poised to meet nickel ore target

DMCI Mining Corp., the nickel mining arm of Consunji-led DMCI Holdings Inc., is on track to meet its production goal of three million wet metric tons of nickel this year.

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PhilStar Business

ICTSI marks P2 trillion market capitalization milestone

The Philippine Stock Exchange Inc. has recognized the recent milestone of Enrique Razon Jr.’s International Container Terminal Services Inc. by hosting a celebration to mark the company’s achievement of becoming the first domestic listed firm to reach a P2-trillion market capitalization.

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PhilStar Business

KairoTech, Packworks launch Sari-Sari Retail Media Network

KairoTech and Packworks have entered into a strategic partnership to develop what the two companies envision as the Philippines’ first Sari-Sari Retail Media Network, creating a new way for brands to understand, reach and engage Filipino consumers closer to where everyday purchasing decisions take place.

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PhilStar Business

LTP, Emirates extend partnership

Lufthansa Technik Philippines will welcome Emirates as the launch customer for its new facility at Clark International Airport as part of their extended agreement for the base maintenance of the airline’s Airbus A380 fleet.

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PhilStar Business

Maharlika investments hit P18.8 billion in 6 months

The Maharlika Investment Corp. ramped up its capital deployment in the first half, investing P18.8 billion across key industries, while it awaits the national government (NG)’s remaining P50-billion contribution to its mandated initial capitalization.

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PhilStar Business

Mavic Development expands co-working space portfolio

MANILA, Philippines — Mavic Development Inc., operator of flexible workspace MSpaces, has expanded its portfolio with a second co?working branch in Makati City, part of its push to offer competitively priced offices for professionals. “We thought of expanding a second branch after we saw how there’s still an opportunity, especially in Makati, where we still feel it’s an underserved market,” Mavic Development president Jovie Cochien told The STAR. “We have comp

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PhilStar Business

P20 billion animal competitiveness fund likely available by 2028

The Department of Agriculture may fully tap the P20-billion fund for the animal industry by 2028, delaying a legally mandated support for the country’s livestock and poultry sector.

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PhilStar Business

PAL beefs up long-haul fleet with fourth Airbus A350-1000

Flag carrier Philippine Airlines is strengthening its long-haul fleet with the addition of its fourth Airbus A350-1000.

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PhilStar Business

Palace, economic team working on managing inflation, peso fall

President Marcos and his economic managers are addressing the impact of a weaker peso on the prices of goods, Malacañang said yesterday, after the local currency hit a record low in the face of rising fuel prices and stronger dollar.

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PhilStar Business

Palawan Group founders feted for grassroots financial inclusion

Bobby and Angelita Castro, founders and owners of the 41-year-old Palawan Group of Companies, recently received the Silver Coin Tribute from SEDA Law in recognition of the couple’s decades-long leadership and the group’s unwavering commitment to empowering ordinary Filipinos.

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PhilStar Business

Philippines starts hunt for P788 billion geothermal power wealth

Seeking to regain its global geothermal standing, the Philippines is setting its sights on unlocking roughly $12.6 billion (about P787.9 billion) worth of untapped geothermal potential.

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PhilStar Business

Robinsons returns for 17th year of UP basketball sponsorship

Robinsons Retail Holdings Inc. is continuing its longstanding sponsorship of the University of the Philippines (UP) Men’s Basketball Team, marking the partnership’s 17th year.

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PhilStar Business

Security Bank unveils 3-year growth strategy

Security Bank has unveiled a focused three-year strategy to capture the next wave of growth in Philippine banking, concentrating on wealth management, entrepreneur banking, and corporate and institutional banking to leverage its existing strengths.

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PhilStar Business

Sugar output at risk from pest infestation

The country’s sugar production could decline by 10 percent for the incoming milling season due to the continued effects of the red-striped soft scale insect (RSSI) on sugarcane plantations, the Sugar Regulatory Administration said.

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PhilStar Business

Telco investments seen to exceed $2 billion this year

Digital transformation is ramping up in the Philippines, with major telecommunications players’ investments for 2026 set to exceed $2 billion.

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PhilStar Business

Top Line taps Japan firm for EV charging rollout

Top Line Business Development Corp. is stepping up its push to penetrate the electric vehicle (EV) market through a planned rollout of charging infrastructure with Japan’s Jigowatts Inc.

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PhilStar Business

Why we need FDI

BSP Governor Eli Remolona Jr., in a Senate hearing last week, cited the need for the country to have more exports to bring in more dollars we need to buy the increasing amount of goods that we now import. Remittances and BPOs are not enough.

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PhilStar Business

Panata Awards 2026: Celebrating effective, responsible and impactful brand building

For PANA, the Panata Awards represents more than honoring exceptional campaigns.

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PhilStar Business

Plant outages put Visayas, Mindanao grids under 9-hour red alerts

Available power supply is projected to fall below peak demand in both grids.

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PhilStar Business

Analysts see scope for one more BSP rate hike

The Bangko Sentral ng Pilipinas may need one more interest rate increase before year end as El Niño threatens food prices and the peso remains under pressure, analysts said, even as the central bank signaled it hopes to pause after three consecutive hikes.

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PhilStar Business

‘Data center boom to yield small gains for Philippines’

The Philippines is expected to reap only a marginal economic boost from its data center buildout through 2030, with severe power supply and energy security constraints threatening to slow projects, according to Moody’s Ratings.

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