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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.

1493 articles from PhilStar Business

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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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PhilStar Business

Asian Eye offers discounts to mark 25 years of eye care excellence, innovation

Asian Eye Institute, a pioneer in multi-specialty eye care in the Philippines, is opening its doors wider to the community as it celebrates its 25th anniversary with initiatives aimed at making quality eye care more accessible.

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PhilStar Business

Ayala Malls expands solar installations

Ayala Malls is rolling out rooftop solar installations across more shopping centers to accelerate its shift to renewable energy.

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PhilStar Business

Bargain hunting helps market snap losing streak

The local stock market snapped its five-day slump ahead of the country’s September inflation announcement, with investors capitalizing on bargain stocks.

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PhilStar Business

BSP flags crypto anonymity risks, backs strict oversight

The Bangko Sentral ng Pilipinas is pushing for tight oversight of cryptocurrency transactions, warning that transfers outside regulated channels can make it difficult for authorities to identify the people behind them.

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PhilStar Business

‘BSP should avoid rate hikes to defend peso’

The Bangko Sentral ng Pilipinas should avoid using interest rate hikes primarily to defend the peso and instead keep monetary policy focused on inflation, according to Manulife Investments Philippines, as elevated US yields and broad dollar strength continue to pressure the local currency.

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PhilStar Business

Casino Plus taps Peter & Sons for gaming content

Casino Plus has entered into a strategic content partnership with acclaimed international game studio Peter & Sons, expanding its mobile-driven gaming ecosystem with distinctive global content.

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PhilStar Business

Converge’s subsea cables spare Filipinos from internet outage

Broadband provider Converge ICT Solutions Inc. found an immediate return on investment in its new subsea cable to Singapore when it spared subscribers from internet disruption over the weekend.

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PhilStar Business

Feasibility study readied for Manila cruise port

The government’s plan to build a P5-billion cruise port in Manila is starting to take shape, with the project now moving to the feasibility study stage.

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PhilStar Business

FILRT appoints Joseph Yap as president

Filinvest REIT Corp., the real estate investment trust arm of the Gotianun family’s Filinvest Land Inc., will undergo a leadership transition as its president and CEO, Maricel Brion-Lirio, retires.

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PhilStar Business

GCash is going public. But it already belongs to the public

GCash is going public. In one important sense, however, it went public years ago; not because Filipinos owned its shares, but because Filipinos began depending on it.

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