Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
10033 articles across all sources
Banks’ assets grow at end-July
ASSETS held by the Philippine banking industry expanded by over 10% year on year as of end-July, driven by sustained growth in lending and deposits, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
Read more →NGCP eyes completion of P23.5-B grid projects
THE National Grid Corp. of the Philippines (NGCP) is targeting the completion of six transmission projects worth about P23.5 billion by yearend as the grid operator works to address transmission reliability amid power supply constraints. At a briefing on Thursday, NGCP Assistant Vice-President Cynthia P. Alabanza said the company had already completed five transmission projects […]
Read more →Philippines not ready for AI use in capital markets
PHILIPPINE CAPITAL markets are not ready for the use of artificial intelligence (AI) for trading, advising, or prediction as the country’s investor base remains hesitant about new technologies, the Bangko Sentral ng Pilipinas (BSP) said. “Customers are resistant to the use [of AI in capital markets]. They’re hesitant, I think. They’re hesitant to use it […]
Read more →Toyota PHL expects vehicle output to fall this year
TOYOTA MOTOR Philippines Corp. (TMP) expects vehicle production to decline this year amid softer market demand that the automaker linked to higher oil prices stemming from the Middle East conflict. “It’s lower this year at maybe close to 60,000. Last year was about 63,000,” TMP Senior Vice-President for Marketing Division Sherwin T. Chua Lim said […]
Read more →Life insurers cover more than 50% of Filipinos
THE LIFE insurance industry covered more than half of the Philippine population as of the first half, driven by its growing branch and agency network. The Philippine Life Insurance Association, Inc. (PLIA) said in a statement that the sector now covers 63.5 million Filipinos, equivalent to around 55% of the country’s population. This was supported […]
Read more →Stuff to Do (09/18/26)
THE Design Center of the Philippines is marking a decade of the International Design Conference (IDC) with its 10th edition on Sept. 18 at the Foro de Intramuros, City of Manila, bringing together leading voices from the Philippines and around the world to look at how design can respond to the complexity and diversity of the world we live in.
Read more →SEC urges finance executives to help bring more firms to capital market
THE Securities and Exchange Commission (SEC) has urged financial executives to introduce more Philippine companies to the capital market earlier in their growth, as the country continues to lag regional peers in the number of listed firms and has yet to record an initial public offering (IPO) this year. SEC Chairperson Francisco Ed. Lim said […]
Read more →Are we ready for the next wave of global capital?
There is a revealing question behind the Philippines’ latest foreign direct investment numbers: are we failing to attract capital, or are we failing to prepare for the kind of capital that will shape the next economy? The distinction matters. The 2026 Global Atlas of Risk and Readiness (GARR) gives us a useful place to begin. […]
Read more →Finance runs on trust
At its most basic, the financial system performs a simple but indispensable function: it moves funds from those who have an excess of them to those who need them. Households place savings in banks. Banks transform deposits into loans. Investors provide capital to businesses. Pension funds convert workers’ savings into long-term investments. Governments borrow to […]
Read more →29% of hotel rooms expected by 2026 canceled — report
NEARLY three in 10 hotel rooms that had been projected two years ago to open by 2026 were canceled, even as the country’s current accommodation pipeline has grown to P387 billion through 2032. Of the 20,509 room keys identified in the 2024 Philippine Accommodation Pipeline Report for opening by 2026, 29% were canceled, while just […]
Read more →Peso inches up as oil prices ease
THE PESO edged higher against the dollar on Thursday as oil prices continued to go down on easing supply concerns. The currency gained 0.9 centavo to end at P62.73 versus the greenback from its P62.739 finish on Wednesday, according to Bankers Association of the Philippines data. The local unit opened Thursday’s session weaker at P62.83 […]
Read more →Migratory birds offer a natural flight path to growth and resilience
SOME of the world’s most valuable infrastructure has no owner, no border, and no name most people would recognize. It’s the network of wetlands that keeps migratory birds alive during their odysseys across the planet.
Read more →Nestlé says Philippines remains among top growth markets
SWISS food and beverage company Nestlé S.A. said the Philippines remains one of its top growth markets globally, citing demand for its brands and the country’s demographic and economic conditions. Nestlé said in a statement on Thursday that the Philippines’ young and growing population and economic growth provide opportunities for further investment. “The Philippines is […]
Read more →Visa Infinite refresh targets growing affluent segment in the Philippines
VISA has expanded offerings for its Visa Infinite cards, adding two new tiers with expanded access to more personalized experiences centered around lifestyle and travel amid strong payments growth in the affluent segment. “In a consumption-driven economy such as the Philippines, payments continue to shape how people dine, travel, shop, and pursue their passions. The […]
Read more →Why organizations need learning partners, not just training providers
Artificial intelligence is reshaping industries. Business models are evolving faster than ever. Organizations are being challenged to become more agile, innovative, and resilient amid economic uncertainty, technological disruption, and changing workforce expectations. Yet while many organizations are investing heavily in new technologies and transformation initiatives, one critical question remains: Do they have the people and […]
Read more →Singlife Philippines’ new term insurance plan now available via GCash
SINGLIFE Philippines, Inc. and GCash have launched a term insurance plan providing death and disability benefits, priced at as low as P65 a month. Singlife TermProtect, which is now available on the GCash app via GInsure, is a yearly-renewable term insurance plan for existing GCash customers with up to P1 million in total coverage via […]
Read more →Alternergy eyes P2 billion from notes offering
Alternergy Holdings Corp. is making its debut in the local debt market with the planned issuance of P2 billion worth of fixed-rate notes to expand its renewable energy portfolio.
Read more →BIR sets up tax assistance for micro, small businesses
The Bureau of Internal Revenue has rolled out a taxpayer assistance and mentoring program for micro and small businesses in Makati, helping them comply with their tax obligations.
Read more →Cebu City flood review allows Monterrazas development to continue
A technical panel formed by the Cebu City local government has allowed Mont Property Group to continue works on its 118-hectare Monterrazas de Cebu project, noting that water retention systems drastically exceed requirements.
Read more →DBP: Over half of loans for e-jeep shift past due
State-run lender Development Bank of the Philippines yesterday said about P4.1 billion in debts remain unpaid by jeepney operators who availed themselves of modern units under the government’s Public Transport Modernization Program.
Read more →DOE aborts 2026 Semirara coal auction
After nearly five months of delays, the Department of Energy has terminated its 2026 coal bid round, headlined by the country’s largest coal mine on Semirara Island in Antique.
Read more →Filinvest Land to dissolve 3 non-operating units
Filinvest Land Inc., the Gotianun family’s real estate unit, is streamlining operations by planning to dissolve three non-operating subsidiaries.
Read more →HEADLINES: Prosecutors to probe VP's Davao ventures | September 18, 2026
Good day. Here are the stories of The Manila Times for Friday, September 18, 2026. Today’s episode is brought to you by Wilcon Depot, The Philippines’ leading home improvement and construction supplies retailer—your Trusted Building Partner. BANNER: Prosecutors to probe VP’s Davao ventures THE prosecution panel of the House of Representatives on Thursday said the subpoena on Davao City Mayor Sebastian Duterte would zero in on city hall transactions involving Gencorp Indus
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