Philippines Business News

RBA’s Hunter warns another rate hike may be needed to tame inflation

ALI reinforces water infrastructure in Lio Estate

Property giant Ayala Land Inc. is reinforcing water infrastructure in its Lio Estate in Palawan to support El Nido’s continued growth as a tourism and lifestyle destination.

Another interest rate hike looms

The Bangko Sentral ng Pilipinas is expected to raise its benchmark interest rate to 5.25 percent by year-end as elevated oil prices and peso weakness complicate the inflation outlook, according to Union Bank of the Philippines and ANZ Research.

Business group backs Socoteco 2-Ignite Power deal

The proposed partnership between Ignite Power and South Cotabato II Electric Cooperative should push through but with strong safeguards in place to protect consumers, according to a business group.

DigiPlus to sustain win streak in Philippines online gaming industry

Despite emerging challengers, DigiPlus Interactive Corp. is seen remaining as the biggest online gambling operator in the country over the next two years on the back of good products and effective user engagement, S&P Global Ratings said.

Experts warn against unsafe weight-loss treatments, urge proper medical care

Injectable weight-loss treatments are becoming increasingly popular in the Philippines but health experts are warning Filipinos against self-medication and purchasing unregistered or compounded products online.

How SE Asia can rise above the Mideast crisis

Crisis after crisis has tested Southeast Asia. Oil shocks, financial meltdowns and a global pandemic have all left their mark.

Islamic bank to expand financing for halal MSMEs

Al-Amanah Islamic Investment Bank of the Philippines is looking to expand financing for businesses in the halal industry, particularly micro, small and medium enterprises as the government seeks to tap a rising global market.

Land issues force ACEN to exit 2 solar contracts

Several land-related challenges have prompted the Zobel family’s ACEN Corp. to abandon plans for two solar power projects in Quezon and Zambales.

Mitsubishi boosts stake in Ayala through P44.5 billion transaction

Japan’s Mitsubishi Corp. is hiking its stake in Ayala Corp. through a P44.5-billion transaction, reinforcing its position as one of the Philippine conglomerate’s largest long-term strategic shareholders.

NGCP ready to speed up Mindoro-Panay transmission

The National Grid Corp. of the Philippines is open to fast-tracking the Mindoro-Panay interconnection project in the medium term to boost power supply in the Visayas.

Philippines mangoes make it to Canada; more fruits headed for UK

Locally grown Carabao mangoes have now entered the Canadian market, as the Philippines seeks to expand exports of farm products.

PSE chief bullish on market’s upside

Philippine Stock Exchange Inc. president and CEO Ramon Monzon is bullish on the upside potential of country’s stock market amid an array of reforms being pursued to boost market liquidity and encourage more companies to list.

Security Bank rolling out Apple Pay, Google Pay

Security Bank Corp. is targeting the rollout of Apple Pay and Google Pay in the second half of 2027 as it upgrades its core credit card system and seeks to deepen its presence in digital payments.

SSS disburses P170 billion loans

The Social Security System loan portfolio has reached around P170 billion year-to-date, largely comprising salary loans.

Stocks slip as selling pressure continues

The local stock market continued to stay in the negative territory, carrying over the selling pressure from last week.

The do’s and don’ts of enhanced deductions regime

Department of Finance Department Order 026-2026 puts into effect the Enhanced Deductions Regime and serves as the main guide for qualified registered business enterprises that opt to avail themselves of the EDR.

When smart people stop questioning ideas

Many decades back, the air inside the boardroom was thick with cigar smoke and unquestioned confidence of several top executives of the shipping line.

VelocityEHS Earns Leader Recognition in Verdantix Green Quadrant: EHS Software (2026), Highlighting AI-Powered Ergonomics Innovation

EHS technology provider recognized for its comprehensive capabilities and advanced AI-enabled ergonomics technology CHICAGO, Sept. 21, 2026 (GLOBE NEWSWIRE) -- VelocityEHS® has been named a Leader in Verdantix, Green Quadrant: EHS Software (2026), placing the company among the top vendors identified as Leaders in an assessment of 23 prominent EHS software providers. The recognition highlights the comprehensive capabilities of VelocityEHS and its differentiated ergonomics technology. The assessme

Banco Comercial Português, S.A. informs that Morningstar DBRS has upgraded its issuer rating to "A”

Banco Comercial Português, S.A. informs that Morningstar DBRS has upgraded its issuer rating to "A” Attachment 2026 09 21 Upgrade da DBRS EN_v1

Aecon teams awarded contracts with aggregate value of $3 billion for the Pickering Nuclear Generating Station Refurbishment

- Aecon’s $1.75 billion share of contracts added to third quarter 2026 backlog - TORONTO, Sept. 21, 2026 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) ("Aecon”) announced today that its joint venture with AtkinsRéalis and consortium with Siemens Energy have been awarded contracts by Ontario Power Generation ("OPG”) for the Pickering Nuclear Generating Station Refurbishment Project with an aggregate value of $3 billion. This builds on completion of previously awarded contracts for early work ah

European Commission approves Roche’s Susvimo® for the treatment of neovascular age-related macular degeneration (nAMD)

By continuously delivering medicine into the eye through the Contivue refillable implant, Susvimo is the first and only continuous delivery treatment that offers an alternative to standard-of-care eye injections for nAMD1-3Susvimo helps people with nAMD maintain their vision with as few as two treatments per year1-3Data from the Phase III Archway study showed that Susvimo maintained vision equivalent to monthly intravitreal ranibizumab injections2nAMD is a leading cause of vision loss in adults

Trash Daddy Dumpsters Simplifies Roll-Off Dumpster Rental Across Denver

Locally owned provider offers flat-rate pricing, flexible dumpster sizes and same-day delivery availability for residential and commercial projects Denver, Colorado, Sept. 21, 2026 (GLOBE NEWSWIRE) -- Trash Daddy Dumpsters, a locally owned roll-off dumpster rental company serving Denver and the surrounding metro area, is making waste removal easier for homeowners, contractors and property managers with transparent pricing, online booking and a broad selection of dumpster sizes. The company provi

Dr. Christopher Mallavarapu Scholarship for Physician Assistants Announces One-Time Award to Support Future Healthcare Leaders

Dr. Christopher Mallavarapu Dr. Christopher Mallavarapu AMHERST, N.Y., Sept. 21, 2026 (GLOBE NEWSWIRE) -- The Dr. Christopher Mallavarapu Scholarship for Physician Assistants officially announces a one-time scholarship opportunity designed to support undergraduate students preparing to enter physician assistant education programs. This initiative reflects the professional values of Dr. Christopher Mallavarapu, a distinguished cardiovascular specialist committed to advancing patient care through