Philippines Business News

Trump ‘open’ to meeting Iranian President Pezeshkian- Fox reporter

Eureka Takes "Find the Unseen” into Italy’s Everyday Urban Spaces for World Cleanup Day 2026

ROME, Sept. 20, 2026 (GLOBE NEWSWIRE) -- Eureka marked World Cleanup Day 2026 in Italy with its "Find the Unseen” campaign, encouraging people to take a closer look at the spaces they encounter every day and notice areas that can easily escape attention. While World Cleanup Day often focuses on streets, parks and other public environments, Eureka used the campaign to explore a simple idea: even the most familiar places can contain areas people pass by every day without really noticing. The wider

JACC: Clinical Electrophysiology Publishes 12-Month Outcomes from Field Medical's First-in-Human Field PULSE Trial: 94.2% Per-Vein PVI Durability with Optimized Waveform

Late-breaking HRX data advance Field Medical's "instantaneous ablation" workflow and expand the clinical evidence for high-voltage focal PFA with the FieldForce™ PFA System ATLANTA and CARLSBAD, Calif., Sept. 20, 2026 /PRNewswire/ -- Field Medical, Inc., advancing high-voltage focal pulsed field ablation (PFA) for complex arrhythmias, today announced publication of 12-month results from the first-in-human Field PULSE trial in JACC: Clinical Electrophysiology. The findings were presented simultan

Global Times: How Mohe, China's northernmost and coldest city, turns ice and snow into invaluable assets

BEIJING, Sept. 20, 2026 /PRNewswire/ -- At 53 degrees north latitude, Mohe sits at the "crown of the golden rooster" on China's map - the highest-latitude place in the country. At -53 C, the city in Northeast China's Heilongjiang once saw the lowest temperature ever recorded in China. "We live in the forest region of the Greater Hinggan Mountains. In summer, we are surrounded by lucid waters and lush mountains; in winter, everything turns into a world of ice and snow. Yet for so many years, none

BoP gap shrinks to $596M in August

THE PHILIPPINES’ balance of payments (BoP) deficit narrowed in August as sustained dollar inflows partly offset a higher import bill driven by elevated global oil prices, the Bangko Sentral ng Pilipinas (BSP) said.

DoF open to imposing direct tax on Philippines’ richest

THE DEPARTMENT of Finance (DoF) is open to proposals to impose a direct tax on wealthy individuals, as long as the measure can be effectively implemented.

Rising consumer loans driving banks’ NPL provisioning — BSP

PHILIPPINE BANKS’ higher provisioning for nonperforming loans (NPL) is largely driven by rising consumer loans, rather than systemic stress across the sector, the Bangko Sentral ng Pilipinas (BSP) said.

Philippine big banks’ Q2 asset growth fastest in nearly 2 years

THE COMBINED ASSETS of the Philippines’ biggest banks grew at the fastest pace in nearly two years in the second quarter, despite uncertainty stemming from the Middle East war.

PH more exposed to Fed hikes as Asia gains from AI

THE Philippines could face greater exposure to higher US interest rates and elevated oil prices as the artificial intelligence (AI) investment boom continues to shield much of Asia from external financial shocks, ANZ Research said. In its latest Asia Macro Weekly report, ANZ said Asian financial markets had remained relatively resilient despite the US Federal Reserve raising its policy rate, US 10-year Treasury yields climbing to 5 percent, and global oil prices staying above $100 per barrel ami

First Gen plans up to P160 billion in five-year renewable energy spending

LOPEZ-LED First Gen Corp. plans to spend up to P160 billion over the next five years on renewable energy projects, with most of the planned investment earmarked for hydropower and geothermal projects. First Gen President and Chief Operating Officer Francis Giles B. Puno said the company plans to allocate around P60 billion for hydropower projects […]

Aznar Shipping to earmark P504M of IPO proceeds for two new vessels

AZNAR SHIPPING Corp. plans to spend about P503.7 million, or nearly four-fifths of the net proceeds from its proposed initial public offering (IPO), to acquire two brand-new roll-on/roll-off passenger vessels for deployment by the second half of 2027, its preliminary prospectus showed. The Cebu-based shipping company expects to raise about P640.86 million in net proceeds […]

AirAsia keeps PHL growth plans amid fleet, funding adjustments

AIRASIA Group Bhd. said it remains committed to expanding its Philippine operations as the Malaysian low-cost carrier adjusts its fleet and pursues new funding as part of its broader financial strategy. “We are very committed to the Philippines and Indonesia, we are bringing new capital… we are beginning to grow and add planes, our biggest […]

Ayala Land shares fall as sector weakness weighs

SHARES of Ayala Land, Inc. (ALI) slipped last week as weakness in the broader property sector outweighed company-specific developments, including the extension of the Market! Market! lease and additional share purchases by parent Ayala Corp., analysts said. Data from the Philippine Stock Exchange (PSE) showed ALI was the 10th most actively traded stock last week, […]

PSE proposes oversight framework for green equity label

THE Philippine Stock Exchange, Inc. (PSE) has proposed an oversight framework for the Philippine Green Equity Label, setting out procedures for applications, annual assessments, disclosures, external reviewer accreditation, and continuing compliance. The draft rules, dated Sept. 18, are under public consultation, with the PSE accepting comments until Oct. 2. The proposal is based on Securities […]

Beyond OTPs: Banks balance tighter security with customer trust

By Heather Caitlin P. Mañago, Researcher PHILIPPINE BANKS are moving beyond one-time passwords (OTPs) for authentication and implementing stronger safeguards against digital fraud, but the transition is also putting customer trust and accessibility to the test. The shift follows Bangko Sentral ng Pilipinas (BSP) Circular No. 1213, which implements information technology risk management provisions under […]

Samsung opens 2026 ‘Solve for Tomorrow’ competition with P2-million prize pool

Samsung Philippines, in partnership with the Department of Education (DepEd), has launched the fourth Philippine edition of its “Solve for Tomorrow” competition, offering nearly P2 million in total prizes for public Science High School students with STEM-based community solutions. Entering its 16th year, Samsung Solve for Tomorrow is a global competition that empowers young changemakers […]

SEC tightens auditor accreditation rules for large government contracts

THE Securities and Exchange Commission (SEC) has tightened accreditation requirements for auditing firms and external auditors, including rules prescribing the level of accredited auditor that corporations with large government contracts must engage. SEC Memorandum Circular (MC) No. 26, Series of 2026, amended the corporate regulator’s accreditation guidelines for auditing firms and external auditors of SEC-regulated […]

Fee waivers and the push for affordable digital transfers

IN BETWEEN displays of snacks and goods, quick response (QR) codes for e-wallets and banks are displayed at the front of Ejay Ignacio’s sari-sari store in Antipolo City.

Yields on government debt to rise as inflation worries weigh

YIELDS on government securities on offer this week may end higher as inflation concerns due to hostilities in…

Yields on government debt to rise as inflation worries weigh

YIELDS on government securities on offer this week may end higher as inflation concerns due to hostilities in the Middle East continue to weigh on market sentiment, and as the US Federal Reserve’s hawkish tone also bolstering rate hike views. The Bureau of the Treasury (BTr) will auction off up to P70 billion in short-term […]

Peso may be rangebound as war keeps market cautious

THE PESO is expected to continue moving within a narrow range against the dollar this week as the…

Peso may be rangebound as war keeps market cautious

THE PESO is expected to continue moving within a narrow range against the dollar this week as the market stays cautious amid volatile developments in the Middle East. On Friday, the local unit slipped by 1.9 centavos to close at P62.749 per dollar from P62.73 on Thursday, data from the Bankers Association of the Philippines’ […]

Engel’s law, not mayabang: Why the Philippines’ savings crisis is an income crisis

On Aug. 27, BSP Governor Eli Remolona, Jr. blamed the Philippines’ low savings rate on Filipinos being mayabang — boastful/arrogant — and having a “consumption culture.” It was meant to be a laymanized answer to an earlier question from Senator Erwin Tulfo about why the peso keeps on depreciating. This article sets the factual context […]

CCA Manila launches ProBaking program for aspiring bakers

The Center for Culinary Arts (CCA) Manila has expanded its short-course offerings with the launch of its new Professional Baking Program (ProBaking) at its Bonifacio Global City (BGC) satellite campus, catering to aspiring bakers, career shifters, and food entrepreneurs. The new program is in addition to the existing the Professional Chef Program (ProChef). Designed for […]