Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
10039 articles across all sources
Philippine banks beef up buffers as risks persist
PHILIPPINE BANKS are well positioned to deal with challenging macroeconomic conditions caused by domestic and external shocks, armed with ample risk buffers to help them deal with slower loan demand, potential loan losses, and higher credit costs. The Bangko Sentral ng Pilipinas (BSP) said in a presentation to Congress in August that the Philippine banking […]
Read more →BSP needs forward-looking policy, clear guidance to navigate prolonged uncertainty
THE Philippine central bank should take the long view when calibrating its monetary policy, even in the face of sudden, short-term shocks, as global economic conditions become increasingly uncertain and volatile.
Read more →Building a crisis-ready Philippine economy in the age of AI
OVER the past few years, the world has become a lot more uncertain for businesses globally, but more so for Filipino companies.
Read more →T-bills, bonds may fetch higher rates on Mideast war concerns
TREASURY BILLS (T-bills) and bonds (T-bonds) to be offered this week could continue to fetch higher rates as surging global crude oil prices add to inflation risks that could push global central banks to tighten further. The Bureau of the Treasury (BTr) will auction off up to P60 billion in T-bills on Monday, or P20-25 […]
Read more →BSP net income rises at end-February
THE BANGKO SENTRAL ng Pilipinas’ (BSP) net income more than doubled as of February as lower expenses and increased gains from foreign exchange (FX) rate swings boosted its bottom line, preliminary data showed. In the first two months of the year, the central bank booked a P53.8-billion net profit, surging by 128.94% from P23.5 billion […]
Read more →Peso may slide to new lows vs dollar as conflict drives up price pressures, rate hike expectations
THE PESO could slide to new record lows against the dollar this week as the escalating conflict in the Middle East continues to push up global oil prices, heightening inflation concerns, and amid expectations of a rate hike from the US Federal Reserve this week. On Friday, the local unit sank by 14.5 centavos to […]
Read more →Yields up on inflation risks
YIELDS on government securities (GS) traded in the secondary market ended mostly higher last week as the Middle East conflict pushed up global oil prices, fanning inflation concerns and bets of monetary tightening. GS yields, which move opposite to prices, rose by an average of 10.66 basis points (bps) week on week, based on the […]
Read more →Central bank bills’ rate climbs
THE Bangko Sentral ng Pilipinas’ (BSP) short-term securities fetched a higher average rate on Friday, even as demand for the papers strengthened week on week. Tenders for the 28-day BSP bills amounted to P40.815 billion, exceeding the P40 billion auctioned off and rising from the P32.29 billion fetched in the previous week for the same […]
Read more →Cebu shipping firm files P737 million IPO
Cebu-based shipper Aznar Shipping Corp. has filed an initial public offering (IPO) of its stocks to raise up to P737 million from the public, selling a growth story focused on Visayas trade and tourism.
Read more →‘Coal demand likely to keep steady pace’
Coal demand is expected to remain stable this year as the ongoing energy emergency keeps coal-fired power plants vital to meeting the country’s electricity needs.
Read more →DOE failure
Pity Energy Secretary Sharon Garin. She is from Iloilo and like the rest of Visayas, Iloilo has been suffering from power failures reminiscent of the great blackouts of the Cory era. And Secretary Garin seems unable to offer hope.
Read more →Don’t bet against the house
Last month, US support for the Japanese yen was described as “a signal of friendship.
Read more →Foreign debt climbs 5 percent to $154.9 billion in Q2
The country’s outstanding external debt rose to $154.93 billion in end-June, driven mainly by fresh borrowings of the national government and private domestic banks, although the Bangko Sentral ng Pilipinas (BSP) said the country’s foreign debt position remained manageable.
Read more →Forex gains double BSP profit to P53.8 billion
The Bangko Sentral ng Pilipinas (BSP) more than doubled its profit to P53.8 billion in the first two months of 2026 as higher foreign exchange gains and lower expenses offset a decline in revenues.
Read more →Government suspends shipments of raw ube
The Department of Agriculture (DA) has suspended the exportation of fresh ube or purple yam, a move expected to protect the country’s much-needed planting materials.
Read more →More economic pain coming
It has already been six months and counting, and worse — the US-Iran conflict appears to be escalating.
Read more →PEZA eyes to beat P300 billion investment target this year
The Philippine Economic Zone Authority (PEZA) expects to surpass its P300-billion investment approvals target for the year, citing a robust pipeline.
Read more →Philippines to import higher percentage broken rice amid global uptick
The Philippines may face stiffer competition for broken rice imports, as higher demand from China and other importers are causing global supply to tighten.
Read more →Ukraine bets on Philippines ube, other exports
The air-raid sirens wail five or six times a day in Ukraine, sending Ukrainians to bomb shelters.
Read more →US Fed, peso at play for PSEi
Investors will likely tread the week on a cautious note as they expect the US Federal Reserve to hike interest rates that would be detrimental to Asian markets, analysts said.
Read more →US firm expands hunt for native hydrogen in Philippines
US-based Koloma Inc. wants to expand its search for native hydrogen resources beyond Zambales and Pangasinan, this time proposing to explore offshore Palawan.
Read more →Villar firm denied Iloilo airport proposal, gov’t seeks other bids
The government has denied the Villar Group its first airport project and would instead accept offers from other proponents in line with its direction to privatize the country’s gateways.
Read more →Anthropic CEO Dario Amodei says AI industry needs to give safety measures time to catch up
NEW YORK — The CEO of Anthropic said Saturday the artificial-intelligence industry should slow its fast-moving development to give safety measures time to catch up. Without such a slowdown, Dario Amodei warned that within six to 12 months AI could be capable of leading a swarm of agents that could take over the entire internet. The warning comes as worries about AI grow inside and outside the industry and reports continue to emerge about increasingly powerful systems that solve problems be
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