Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
10051 articles across all sources
Erring bank officials to face stiff penalty
Bank officials and employees found liable for serious violations could face suspension of up to one year for a first offense and removal or disqualification for repeat offenses under the proposed rules of the Bangko Sentral ng Pilipinas.
Read more →Government urged to include hybrid cars in new TNVS slots
Toyota Motor Philippines Corp. is urging the government to reconsider its rule on the new Transport Network Vehicle Service slots to include hybrid electric vehicles and gas-powered cars.
Read more →IT-BPM industry confident of hitting $42 billion revenue target
The Information Technology and Business Process Association of the Philippines expects to attain its $42-billion revenue target this year, driven by growing interest among companies in establishing global capability centers in the country.
Read more →KKR exits First Gen via P25.8 billion share sale
Global investment giant Kohlberg Kravis Roberts & Co. has divested its entire stake in Lopez-led First Gen Corp. for P25.77 billion, just weeks after its bid to raise its ownership in the power firm was rejected.
Read more →Landbank feted for clean energy financing
State-run Land Bank of the Philippines has earned international recognition for advancing the Philippines’ energy security and clean energy transition, receiving the Karlsruhe Sustainable Finance Award for Outstanding Sustainable Project Financing.
Read more →Movem puts up EV charging hub at Festival Mall
Movem Electric Inc., the sustainable mobility arm of Manila Electric Co., has teamed up with the Filinvest Group to set up an electric vehicle charging facility at Festival Mall in Muntinlupa.
Read more →PayMongo strengthens payment reliability
PayMongo continues to strengthen payment reliability to help businesses avoid lost sales and transaction disruptions, resolving 75 percent of system incidents before they affect merchants.
Read more →Philip Morris’ global services hub expands Makati facility
Philip Morris International global business services hub has expanded its facility in Makati to deliver higher-value services.
Read more →PPP Center, Cebu team up to develop project pipeline
The Public Private Partnership Center and the Cebu provincial government have teamed up to develop a pipeline of projects to be implemented as PPPs.
Read more →RCBC wins awards for cash management, supply chain finance
Rizal Commercial Banking Corp. bagged two awards at The Asian Banker Global Transaction Finance Awards 2026, reinforcing its position as one of the Philippines’ leading banks for corporate financial services.
Read more →Security Bank sees new role for branches
When Victor Lee took over as president and chief executive officer of Security Bank Corp. in January, one thing about Philippine banking puzzled him: why were banks still opening branches when more customers were increasingly doing transactions through their phones?
Read more →Serious allegations
The Ombudsman’s P10.44-billion plunder and graft investigation against Sen. Loren Legarda and her son, Batangas Rep. Leandro Leviste, involving underdelivered solar energy projects is underway.
Read more →The three stages nobody warned you about
The moment I received one of those long, italicized “share as received” forwarded messages from Kat, my friend of many years, it actually stopped me in my tracks instead of getting scrolled past.
Read more →‘Unemployment may ease in H2’
The government expects unemployment to ease in the second half as overall economic activity improves and infrastructure spending picks up, according to the Department of Economy, Planning and Development.
Read more →Water use efficiency worsens in 2025
The country’s overall water use efficiency declined in 2025, representing a 4.3-percent drop, according to data from the Philippine Statistics Authority.
Read more →Attorney Nick Abaza Celebrates 25 Years of Exemplary Legal Practice
A Quarter-Century of Advocacy and Expertise in Probate and Estates Law HOUSTON, Sept. 19, 2026 (GLOBE NEWSWIRE) -- Attorney Nicholas Abaza marks a significant milestone this year as he celebrates 25 years of dedicated service and exceptional legal advocacy in trusts wills probate and estates law. Over the past quarter-century, Attorney Nick Abaza has built a stellar reputation for guiding individuals and families through complex legal matters related to estate planning, probate, and trusts. Know
Read more →Russia holds parliamentary vote in occupied Ukrainian territories
Russia’s parliamentary election for the first time includes residents of regions that Moscow illegally annexed from Ukraine after the start of its full-scale invasion more than 4 1/2 years ago, part of Kremlin efforts to cement its gains. Officials in Kyiv vigorously denounced the action as illegal, and a human rights activist described residents there as being coerced to participate in the election. While the vote across Russia started Friday and lasts until Sunday to help boost turnout,
Read more →Sixthfin UK Financial Close Management Software Evaluation Criteria Released as Multi-ERP Control, Account Justification and Audit Evidence Enter 2026 Vendor Scorecards
The eleven criteria move close automation platform comparisons in the UK beyond workflow features to multi-entity controls, ERP coverage, account analysis and justification, analytical review, transaction-level drill-down, reporting dashboards, audit evidence and implementation requirements. They are intended to help UK enterprises structure a financial close automation vendor comparison around the reliability of the accounts produced, rather than around feature lists or the length of the close.
Read more →LTFRB addresses security breach in online support platform
MANILA, Philippines — The Land Transportation Franchising and Regulatory Board (LTFRB) is coordinating with technical experts from various government agencies to strengthen the security of its database following a security breach in one of its online support platforms. Acting LTFRB chairman Greg Pua Jr. said on Saturday that the agency is now working with information technology (IT) experts from the Department of Information and Communications Technology and the Cybercrime Investigation an
Read more →LPA off Palawan, habagat affect Western Visayas, Southern Luzon
MANILA, Philippines — The state weather bureau is monitoring a low pressure area (LPA) detected off Palawan outside the Philippine Area of Responsibility (PAR), while the southwest monsoon continues to bring rains across western sections of Southern Luzon and the Visayas. In a 5 p.m. public weather forecast, DOST-Pagasa (Philippine Atmospheric, Geophysical and Astronomical Services Administration) Weather Specialist Daniel James E. Villamil said the weather disturbance poses no immediate t
Read more →Several Manila roads to close Sunday for Air Run 2026
MANILA, Philippines — Several major roads in Manila will be closed beginning 1 a.m. Sunday, September 20, for the Air Run 2026, the Manila Public Information Office (PIO) said Saturday. The closures will affect portions of Roxas Boulevard, Katigbak Drive, South Drive, Independence Road, P. Burgos Avenue, Finance Road, T.M. Kalaw Avenue and President Quirino Avenue. The affected portions include the northbound lane of Roxas Boulevard from President Quirino Avenue to P. Burgos Avenue and the
Read more →New Crypto Pepeto Announces Binance-Veteran Developer Appointment With Three Products Live And Ethereum Price Prediction Targets $6,000
DUBAI, United Arab Emirates, Sept. 19, 2026 (GLOBE NEWSWIRE) -- Pepeto has announced the appointment of a developer with years at Binance behind him, a milestone landing with the platform already running, three finished products live today. Inflows into the new crypto bent upward within days of it, the mark of money that checks everything before it moves, and the funding round now holds over $11.04 million. SHIB's story explains the attention: its largest returns settled on wallets dated before
Read more →New Crypto: Remittix Targets a $0.50 Launch While the Ethereum Price Prediction Points Toward $6,000
Remittix advances toward the public launch of its PayFi ecosystem as market observers assess a possible $0.50 RTX valuation and a longer-term Ethereum move to $6,000. MAJURO, Marshall Islands, Sept. 19, 2026 (GLOBE NEWSWIRE) -- Remittix is moving toward the launch phase of its crypto-to-fiat ecosystem, with RTX currently offered at $0.21 and the next presale stage listed at $0.23. The project reports that 82.51% of its current allocation has been sold. Market discussion has identified $0.50 as a
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