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
Infrastructure spending eases to P89.6 billion in July
The government’s infrastructure expenditures remained sluggish in July as lower disbursements by the Department of Public Works and Highways continued to weigh on spending, although the contraction tapered off.
Read more →Meralco energy sales accelerate in 8 months
Power utility giant Manila Electric Co. saw electricity sales notch higher in the first eight months as sustained energization continued to expand its customer base.
Read more →Philippines secures ADB assistance to combat financial crimes
The Philippines has secured a technical assistance package from the Asian Development Bank to strengthen the country’s defenses against financial crimes, according to the Department of Finance.
Read more →‘Property developers cut capex as housing glut weighs on sales’
Philippine property developers are scaling back spending and shifting more capital toward income-generating assets as elevated housing inventories, higher interest rates and weaker purchasing power continue to weigh on residential sales, according to S&P Global Ratings.
Read more →Singlife Philippines names Allen Reyes as CEO
Singlife Philippines Inc. has appointed Allen Reyes as its new CEO, the digital life insurer announced yesterday.
Read more →SM Prime records over 1 million visitors across live venues
SM Prime Holdings Inc. has sustained robust demand across its major live entertainment venues, with over one million visitors welcomed from January to August.
Read more →The waiting room: Grassroots innovation vs systemic waste
Many times, I’ve encountered situations that are naturally funny, but in truth are downright stupendous, like a stranger’s clumsy fall due to a wet floor courtesy of a diaper-less pet dog inside a shopping mall.
Read more →USDA sees slower sales for Philippines food, beverages
The Philippines’ food and beverage retail sales are expected to grow at a slower pace this year due to rising costs and slower consumer spending, according to the US Department of Agriculture.
Read more →Beyond the classroom: Student leaders take on real-world business challenges
Global Dominion partners with JCFAP to support the professional development and career readiness of future finance leaders
Read more →ICT: Durban Gateway Terminal transition delays
Durban's transition problems weigh on ICTSI sentiment, but diversified operations limit earnings risk and leave the long-term thesis intact.
Read more →Affordability
In the 2026 US midterm elections, “affordability” has evolved into a central political issue.
Read more →Banks’ bad loan ratio steady at 3.35% in August
The share of bad loans held by Philippine banks remained broadly stable in August and improved from a year ago as overall lending continued to grow faster than soured accounts.
Read more →Fruitas ripe for next growth phase with P750 million PNB credit facility
Fruitas Holdings Inc., led by businessman Lester Yu, is ripe for its next growth chapter with a P750-million credit facility secured from Lucio Tan-led Philippine National Bank (PNB) that will support its continued expansion, portfolio diversification and long-term growth initiatives.
Read more →Market volatile ahead of inflation report
The local stock market is expected to remain volatile this week, with higher inflation expectations seen weighing on equities.
Read more →Market’s narrowing breadth
Market breadth has deteriorated sharply the past month.
Read more →Mitsubishi deal boosts Ayala FDI haul close to P100 billion
Mitsubishi Corp.’s P44.5-billion investment in Ayala Corp. has brought the recent wave of foreign direct investments (FDI) secured by the group to nearly P100 billion, underscoring the conglomerate’s ability to attract global capital.
Read more →PNB open to selling stake in PNB Holdings
MANILA, Philippines — Lucio Tan-led Philippine National Bank has expressed willingness to sell its stake in listed real estate holding company PNB Holdings Corp. “Yes, we’re open,” PNB president and CEO Edwin Bautista said when asked if the bank would consider reducing its stake in PNB Holdings. “So maybe get a strategic partner to, you know, get the whole shares, because at the end of the day we’re not really a real estate company. In fact, when we took it ou
Read more →Poll: September inflation likely rose to 6.7%
Inflation likely picked up in September as higher fuel and food prices, weather-related supply disruptions and the peso’s weakness reversed four straight months of easing, economists said. A poll of 13 economists conducted by The STAR yielded a median forecast of 6.7 percent for September inflation, higher than the 6.1-percent print in August.
Read more →UA&P: Ube sector must improve planting materials, productivity
The Philippines must improve the availability of planting materials and farm productivity to strengthen the local ube industry, according to the latest policy brief by the University of Asia and the Pacific-Center for Food and Agri Business.
Read more →Sustained profitability of GCash IPO seen at lower starting price
The initial public offering (IPO) of GCash’s parent company is providing investors with a more attractive starting point following the company’s final pricing at P6.60 per share, while its sustained profitability provides an important basis for assessing its longer-term value, according to an investment analyst.
Read more →Filipino shoppers ranked as Southeast Asia's 'savviest' online
Report says 36% qualify as savvy, with monthly spending 47% higher.
Read more →‘All sugar output should be reserved for domestic use’
Local sugar producers have urged government to reserve all output for domestic use, citing a projected decline in supply and the need to safeguard the industry.
Read more →Arthaland ramps up expansion of sustainable project portfolio
Real estate developer Arthaland Corp. is ramping up expansion of its sustainable project portfolio after successfully raising over P2 billion from an oversubscribed preferred share offering.
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