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
Stocks slip to lowest level in 11 months
The local stock market sustained its winless record for the week, finishing yesterday’s session with another loss.
Read more →GCash brings stock market education within reach through GStocks PH ‘Part-Owner Era’ hubs
GCash opens interactive learning spaces in One Ayala in Makati and Bonifacio High Street in Taguig to demystify stock market investing.
Read more →Diesel prices may drop by P1/L next week, gasoline and kerosene seen up
A mixed price adjustment on local oil and fuel products is expected next week, the Department of Energy said.
Read more →Filipinos get shot at digital economy ownership with GCash IPO, says solon
The P6.60 final pricing of the initial public offering (IPO) of Mynt Inc. could bring ownership of one of the Philippines’ largest digital platforms within reach of a broader base of Filipino investors, according to a lawmaker.
Read more →Whoscall launches 'Di Lahat Dinededma' campaign to empower Filipinos to avoid scams without missing important calls
Whoscall encourages Filipinos to download the app and make caller identification part of their everyday digital-safety routine.
Read more →Bank lending growth reaches 3-month high
Bank lending growth accelerated to a three-month high in August as businesses continued to tap credit, offsetting a further slowdown in household borrowing.
Read more →Digital sovereignty
It is hardly surprising that the DICT is struggling to get foreign-based social media platforms to comply with local regulations. Perhaps, this should be a prime topic in the ASEAN summit this month to produce a regional stand.
Read more →ERC, NGCP end disputes over permit, regulatory fees
The Energy Regulatory Commission and the National Grid Corp. of the Philippines have reached a compromise deal to resolve their longstanding disputes over permit and regulatory fees.
Read more →Factory activity contracts in September
Manufacturing activity in September slipped to negative territory for the first time in five months due to weak demand and increased competition from foreign rivals, according to S&P Global.
Read more →GCash IPO price set at P6.6/share
E-wallet giant GCash has priced its initial public offering at P6.6 per share, settling for a rate lower than initial expectations but would still set up the country’s largest market debut.
Read more →Government eyes retail dollar bond offer by year-end
The Bureau of the Treasury is considering a retail dollar bond offering before year-end as the government looks to tap domestic investors for its financing needs.
Read more →GSIS solar loans now available to pensioners
The Government Service Insurance System opens its solar energy loan to qualified pensioners, allowing them to borrow up to P500,000 for the purchase and installation of solar energy systems.
Read more →Looming worker strike to cut Philex’s Padcal mine output
Philex Mining Corp. expects reduced operations from its Padcal mine in Benguet, as a looming workers’ strike threatens to disrupt activities amid stalled collective bargaining talks.
Read more →Market falters anew, extends losing streak
The local stock market continued its struggles, declining for a fourth straight session with no positive catalyst to help buck the downtrend.
Read more →Meat importers oppose pork tariff hike
Meat importers have warned that pork prices could rise if the government imposes higher tariff on pork meat.
Read more →Megawide boosts 4PH with Cavite project
Engineering and infrastructure company Megawide Construction Corp. has advanced its commitment to support the government’s expanded Pambansang Pabahay Para sa Pilipino program, with its Cavite project reaching the topping-off stage in just seven months.
Read more →PAL to resume Saipan flights
Flag carrier Philippine Airlines is betting against rising airfares, as it is set to restore direct flights to Saipan, pinning its hopes that holiday travel would remain strong.
Read more →Philippines carbon emissions keep rising – CCC
Even as Filipino businesses become more operationally efficient, the country’s carbon emissions continue to rise, according to the Climate Change Commission.
Read more →Philippines Resorts closes Donatela Resort in Bohol
PH Resorts Group Holdings Inc. of Davao-based businessman Dennis Uy has permanently closed its Donatela Resort and Sanctuary in Bohol after losing the property to Land Bank of the Philippines.
Read more →Pryce exits pharma, focuses on gas business
Pryce Corp. is exiting the pharmaceutical business to sharpen its focus on core operations, including the importation and distribution of liquefied petroleum gas.
Read more →Shakey’s Pizza ushers in business transformation
Shakey’s Pizza Asia Ventures Inc., one of the leading restaurant and kiosk chain groups in the Philippines, is making leadership changes as part of its ongoing business transformation to support its growth agenda.
Read more →Tubig Pilipinas eyes P1.8 billion from follow-on share offer
Listed water infrastructure and utility company Tubig Pilipinas Holdings Inc. is planning a fundraising initiative next year to finance its projects.
Read more →World University Rankings 2027
In my previous column, I asked the question “Are we losing our edge?”
Read more →