Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
10034 articles across all sources
Farm data monitoring goes high tech with AI, satellites
The Department of Agriculture and the Philippine Space Agency have entered into a five-year agreement to improve the country’s agricultural data.
Read more →Government courts investors to finance climate goals
The Marcos administration is seeking to attract more private capital to bankroll green projects and help accelerate the country’s progress toward its climate targets.
Read more →Lower palay harvest seen in Q3
Local palay or unmilled rice production is projected to decrease by 15 percent in the third quarter due to a drop in harvest area, according to the Philippine Statistics Authority.
Read more →Manulife Philippines names new COO
Manulife Philippines has named Erica Jurilla Santos as its new chief operations officer and member of the insurer’s executive committee.
Read more →Maynilad completes RE roadmap
West Zone concessionaire Maynilad Water Service Inc. has completed its Renewable Energy Transition Plan, setting out a long-term roadmap to increase the share of renewable energy in the company’s total electricity consumption to 35 percent by 2037 under its Climate Neutrality Plan.
Read more →More Coca-Cola imports on the way
The Coca-Cola Europacific Aboitiz Philippines has begun importing finished classic Coke products from Indonesia to augment its domestic supply and meet Filipinos’ growing demand for the popular beverage.
Read more →ProGRESS and vape regress
The Department of Finance held a “Stakeholder briefing on Promoting Growth, Revenue and Equity toward Socio-Economic Sustainability (ProGRESS) Bill” on Sept. 2 at the Land Bank Plaza Hall in Manila. I was invited and attended it. Perhaps there were 400 people in the hall.
Read more →PSEi retreating as investors prep for GCash IPO – analysts
The local stock market could further retreat over the next two weeks, with investors selling their shares to pile up capital to place on the initial public offering of e-wallet giant GCash.
Read more →PSEi slips below 6,000 on growth worries
Investors have gone on a selling spree over worries that the Philippine economy would struggle to post respectable growth in the third quarter due to currency and inflation risks.
Read more →Strategic shifts at Roar Agile Roar Agile
Communicators, the communications group behind niche online publications Power Philippines, Powered to Wellness, Agri Tayo and Ang Minero has named Ricardo “Dong” Magsajo, a former automotive journalist and auto industry executive , as its new editor-in-chief, while Abigail Ho-Torres, a veteran business journalist, takes over as host of Power Podcast, the podcast show of Power Philippines.
Read more →‘Transmission alone won’t fix Visayas power crunch’
Transmission upgrades alone will not end the recurring power shortages in the Visayas, as enough dependable generation capacity is also needed to keep up with rising electricity demand.
Read more →Standard Chartered to advise on Clark investment opportunities
THE Bases Conversion and Development Authority (BCDA) said it signed a memorandum of understanding (MoU) with Standard Chartered Bank to jointly study development opportunities for the Clark Freeport and Special Economic Zone. In a statement on Wednesday, the BCDA said the MoU seeks to explore urban development and investment opportunities within the Pampanga ecozone. “Both […]
Read more →Budget release rate hits 90.5% in August
The Department of Budget and Management (DBM) said it released 90.5% of the original budget for 2026 as of the end of August. According to the DBM Status of Allotment Release report, the releases amounted to P6.149 trillion out of the originally budgeted P6.793 trillion, leaving P644.507 billion undistributed. The release rate at the end […]
Read more →US ethanol exports to PHL hit record in 2025 — USDA
THE US Department of Agriculture (USDA) said US fuel ethanol exports to the Philippines hit a record 382 million liters in 2025, making the country the sixth-largest market for US ethanol. In a report, the USDA’s Foreign Agricultural Service said exports rose due to greater fuel consumption and limited domestic production in the Philippines. The […]
Read more →System-loss VAT relief seen limited; deeper reforms urged
By Justine Irish D. Tabile, Senior Reporter The removal of value-added tax (VAT) on allowable system loss charges will provide modest relief to electricity consumers, but broader power sector reforms are still needed to meaningfully bring down electricity costs, economists said. Former Finance Secretary Margarito B. Teves said the measure can be considered a “small […]
Read more →Bonded storage system set up for jet fuel used internationally
The Bureau of Customs (BoC) has established a bonded storage facility for aviation fuel, allowing international airlines to avoid paying taxes upfront and seek refunds later with the government seeking to reduce their operating costs. Customs Assistant Commissioner Vincent Philip C. Maronilla said the new system is intended to ease the cost burden on airlines […]
Read more →Palay, corn production estimated to have fallen in third quarter
Palay (unmilled rice) and corn production in the third quarter were estimated to have decreased 15% and 14.4% year on year respectively, according to a survey of standing crops before the period ended, the Philippine Statistics Authority (PSA) reported. As of Aug. 1, the PSA estimated palay output for the third quarter of 3.19 million […]
Read more →Prada Joins Vitkac as Luxury Retailer Expands Its Global Designer Portfolio
Prada At Vitkac.com Luxury Online Store Vitkac continues to broaden its global luxury offering with the arrival of Prada, the iconic Italian fashion house, to its distinguished roster of international designers. WARSAW, Poland, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Vitkac is expanding its presence in global luxury fashion with the addition of Prada, bringing one of Italy's most influential fashion houses to the European retailer's growing portfolio of internationally recognized designers. The new p
Read more →Compagnie de l'Odet : earnings for the first half of 2026
Earnings for the first half of 2026September 16, 2026 Revenue: 1,644 million euros, +8% at constant scope and exchange rates. Net income, Group share: 54 million euros. compared with 163 million euros in the first half of 2025. Exceptional interim dividend of 380 euros per share. First-half 2026 results Compagnie de l’Odet’s Board of Directors met on September 16, 2026 to approve the financial statements for the first half of 2026. Revenue amounted to 1,644 million euros, an increase of 8% at co
Read more →74Software to execute an internal legal reorganization to better support its portfolio company strategy
Press Release 74Software to execute an internal legal reorganization to better support its portfolio company strategy Paris, September 16, 2026 - 74Software (Euronext Paris: 74SW) announces an internal legal reorganization aimed at better aligning the Group’s corporate structure with its portfolio company strategy. This internal reorganization follows the acquisition of Sopra Banking Software, now SBS, in September 2024 and the subsequent renaming of Axway Software as 74Software in December 2024
Read more →VINCI Energies wins a new multi-year contract to maintain an electricity distribution network in Sweden
Nanterre, 16 September 2026 VINCI Energies wins a new multi-year contract to maintain an electricity distribution network in Sweden Covering maintenance and technical services Worth €30 million a year For an initial four-year term VINCI Energies has won the contract to carry out maintenance, repair, connection and alteration work on the electricity distribution network in southern Stockholm for Swedish operator Vattenfall. The four-year contract - which may be extended for an additional four yea
Read more →Touax: 2026 HALF-YEAR RESULTS A temporary slowdown but several strategic milestones
PRESS RELEASE Paris, 16 September 2026 - 5:45pm YOUR OPERATIONAL LEASING SOLUTION FOR SUSTAINABLE TRANSPORTATION 2026 HALF-YEAR RESULTS A temporary slowdown but several strategic milestones Turnover1 of €72.9m, down -13%Operating EBITDA2: €20.1mGroup share of net profit: -€4.2m, vs. €2.5m in June 2025Increase in shareholder’s equity with a strategic expansion in India for the Freight Railcars activityStrengthening of the financial structure with new long-term financings "The first half of 2026 w
Read more →JCDecaux renews its advertising contract with Düsseldorf
JCDecaux renews its advertising contract with Düsseldorf Paris, 16 September 2026 - JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces that Wall GmbH, a subsidiary of JCDecaux, has been awarded the exclusive advertising contract for the 2m² format in Düsseldorf, the state capital of Germany's largest federal state, North Rhine-Westphalia, following a competitive tender process. The contract covers the advertising rights on public space as well as a
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