Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
2342 articles from BusinessWorld
Infrastructure spending drops 4% in July
INFRASTRUCTURE SPENDING dropped by 4% in July as lower disbursements by the Department of Public Works and Highways (DPWH) offset higher spending on defense, agriculture and railway projects, the Department of Budget and Management (DBM) said.
Read more →Cesar Virata leaves legacy of technocratic governance
FORMER Prime Minister and Finance Minister Cesar E.A. Virata helped set a standard for technocratic governance in the Philippines built on competence, fiscal discipline and integrity, economists and business leaders said.
Read more →Philippine banks’ bad loan ratio steadies in August
PHILIPPINE BANKS’ gross nonperforming loan (NPL) ratio held steady in August as faster loan growth offset the rise…
Read more →Analysts say Mynt IPO price more balanced, but not cheap
ANALYSTS said Mynt, Inc.’s final initial public offering (IPO) price of P6.60 per share is more balanced and less stretched than the previously indicated P10 maximum, although the shares are not cheap and investors should watch credit quality as lending becomes a bigger part of the financial technology (fintech) company’s business.
Read more →SEC seeks mandatory accreditation of third-party debt collectors
THE SECURITIES and Exchange Commission (SEC) is proposing to require third-party debt collection agencies to secure accreditation before…
Read more →Meralco energy sales edge up in first eight months
MANILA Electric Co. (Meralco) recorded a slight increase in energy sales volume in the first eight months of…
Read more →Fruitas gets P750-M PNB credit line for expansion
FRUITAS Holdings, Inc. has secured a credit facility from Philippine National Bank (PNB) to support planned store openings,…
Read more →Globe restores internet services after subsea cable disruption
GLOBE Telecom, Inc. said it has restored internet services in areas affected by a disruption along an international…
Read more →Megawide awaits GSIS action on Quezon City terminal proposal
MEGAWIDE CONSTRUCTION Corp. is awaiting further action from the Government Service Insurance System (GSIS) on its unsolicited proposal…
Read more →PNB Holdings flat after market debut amid heavy turnover
SHARES of PNB Holdings Corp. ended flat week on week following its debut on the Philippine Stock Exchange (PSE), as selling by recipients of the property dividend was met by buying interest, according to an equity trader.
Read more →AC Health opens second St. Joseph Drug-SUGI branch in Quezon City
AYALA HEALTHCARE Holdings, Inc. (AC Health) has opened the second branch of St. Joseph Drug Powered by SUGI…
Read more →Analysts: Foreign funding allegations vs VP raise national security concerns
ALLEGATIONS that China-linked funds flowed to entities associated with Vice-President (VP) Sara Duterte-Carpio and her husband could raise national security concerns if evidence establishes that the money was intended to influence Philippine policy, analysts said.
Read more →House budget shifts seen as tweaks, not policy change
THE HOUSE of Representatives’ proposed reallocations of the P7.2-trillion 2027 national budget reflect adjustments to spending priorities rather than a fundamental policy shift, analysts said, warning that additional funding for some programs could come at the expense of others.
Read more →Philippine UN walkout may need stronger diplomatic follow-through
By Francessca S. Abalos THE Philippines must back its symbolic walkout during Israeli Prime Minister Benjamin Netanyahu’s address…
Read more →Chinese coast guard blocks Philippine team pursuing suspected blast fisher
CHINESE coast guard vessels blocked a Philippine interagency team pursuing a foreign fishing boat suspected of dynamite fishing…
Read more →Bribery claims vs Sara dropped
HOUSE prosecutors will no longer pursue bribery allegations against Vice-President Sara Duterte-Carpio, seeking to streamline impeachment proceedings and…
Read more →CoA flags P10.77B in solar dues
THE Commission on Audit (CoA) flagged P10.77 billion in uncollected obligations from solar developers, P1.17 billion in doubtful…
Read more →Incentives for teachers sought
LAWMAKERS on Sunday called for stronger incentives to attract and retain teachers in underserved areas, including scholarships for…
Read more →DoJ opinion removing DAR clearance challenged before SC
FARMERS’ groups have asked the Supreme Court (SC) to stop the government from allowing the registration of agricultural…
Read more →VinFast MPV 7 charges ahead as official fleet for the 44th ASEAN Ministers on Energy Meeting 2026
Eleven units of the VF MPV 7 will be used as the official electric vehicle fleet for delegates…
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…
Read more →TESDA, Amazon offer cloud computing, AI courses
The Technical Education and Skills Development Authority (TESDA) launched its cloud computing and artificial intelligence (AI) courses on…
Read more →300,000 farmers, fisherfolk, truckers to get P3-B fuel subsidy from UPLIFT
Some 300,000 farmers, fisherfolk and drivers hauling agricultural produce will get P3 billion in fuel subsidy starting this…
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