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🇵🇭 Local Market Intelligence

Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

10070 articles across all sources

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PhilStar Business

Ang, Aboitiz, Lopez firms seal power deals with ECs

Some 29 electric cooperatives across Luzon and the Visayas are set to procure baseload power from companies controlled by tycoons Ramon Ang, Sabin Aboitiz and Federico Lopez.

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PhilStar Business

ATI brings new cranes to Manila South Harbor

Port operator Asian Terminals Inc. has brought in more rubber-tired gantry cranes into the Manila South Harbor, building on recent projects to scale up capacity.

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PhilStar Business

Ber-na

It seems that Bangko Sentral ng Pilipinas Deputy Governor Berna Romulo-Puyat has seeped into the Filipino psyche (or perhaps more into the local business psyche for now) as one of the early harbingers of the Philippine Christmas season, alongside Jose Mari Chan and his Christmas ditty.

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PhilStar Business

BSP dangles incentives to boost sukuk market

The Bangko Sentral ng Pilipinas (BSP) is proposing to ease bank fundraising through Islamic financial instruments and offer temporary regulatory incentives to help develop the domestic market. Under a draft circular, eligible banks will be allowed to issue sukuk for funding or operational purposes without prior BSP approval.

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PhilStar Business

EV sales seen charging up 11% this year

Electric vehicles are expected to continue gaining traction in the Philippines and outperform the overall automotive industry, with sales projected to grow by 11 percent this year amid high fuel costs, according to research and analysis firm BMI.

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PhilStar Business

Ex-transport chief Bautista joins Atlas Mining board

Atlas Consolidated Mining and Development Corp. has added former transportation secretary Jaime Bautista to its board of directors as the company undergoes a major restructuring in its business operations.

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PhilStar Business

Foreign investments down 18% in 6 months

Foreign direct investment inflows into the Philippines rebounded in June from a year earlier, but first-half inflows remained lower as foreign companies reduced lending to their local affiliates and reinvested less of their earnings.

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PhilStar Business

Government urged to use AI for good governance

The government should mandate its institutions and public servants to use artificial intelligence to improve services, strengthen oversight and protect public resources, a leading think tank said.

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PhilStar Business

Index slips below 6,100 on rising oil prices

The local stock market slipped as rising global oil prices and its impact to inflation dampened investor sentiment.

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PhilStar Business

Megawide invests P3 billion in Cavite precast plant

Engineering and infrastructure company Megawide Construction Corp. is investing P3 billion to develop a new precast facility in Cavite that will more than double its production capacity.

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PhilStar Business

PPA OKs P1.75 billion funding for new port, infrastructure upgrades

The Philippine Ports Authority has alloted P1.75 billion for the upgrade of two terminals in Luzon and Mindanao and the construction of a new one in Visayas as part of its push to scale up maritime infrastructure.

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PhilStar Business

RCBC doubles Billease credit line to P1 billion

Rizal Commercial Banking Corp. has doubled its credit line to Billease to P1 billion, expanding local bank funding for the consumer lender as it grows its business and reduces reliance on offshore borrowing.

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PhilStar Business

Robinsons Supermarket expands in Bohol, opens first store in Panglao

Robinsons Supermarket, the flagship supermarket business of Robinsons Retail Holdings Inc. (RRHI), has entered one of the country’s most sought-after tourism and leisure destinations with the opening of its first store in Panglao, Bohol.

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PhilStar Business

Security Bank targets 12% ROE by 2029

Security Bank Corp. is targeting a return on equity of 12 percent by 2029 as it shifts its focus from balance sheet expansion to improving profitability, efficiency and the quality of its growth.

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PhilStar Business

Spain, EU join Luzon Economic Corridor

The Luzon Economic Corridor initiative has welcomed the European Union and Spain as its newest partners.

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PhilStar Business

Uniqlo opening 3 new stores in Philippines

Japanese retail giant Uniqlo is set to open three stores to strengthen its presence in the Philippines.

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PhilStar Business

Up to 300,000 hectares eyed to boost palm oil production

The Department of Agriculture is looking to develop about 300,000 hectares of palm oil plantations to boost local production and reduce dependence on imports.

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PhilStar Business

US agency to upgrade airport screening at NAIA

The US Trade and Development Agency and New NAIA Infrastructure Corp. have signed an agreement to modernize the security screening at the country’s main international gateway.

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PhilStar Business

‘Weak peso may erode appeal of Philippines bonds to foreign funds’

With the peso emerging as the worst performing currency in Asia, rising currency risk could dim the appeal of Philippine bonds to foreign investors, potentially offsetting their yield advantage and pushing investors to demand a higher risk premium, Manulife Investments Philippines said.

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Manila Times Business

Sohar International Opens Asia Pacific Office in Hong Kong, Strengthening Connectivity Between Oman and Asia

HONG KONG - Media OutReach Newswire - 10 September 2026 - Sohar International has officially opened its Asia Pacific Office in Hong Kong, marking an important milestone in the Bank's international growth journey and establishing an on-the-ground presence to deepen relationships with financial institutions, investors, businesses and strategic partners across Hong Kong and wider Asian markets. The opening was marked by an official gala ceremony at Grand Hyatt Hong Kong, held in the presence of The

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Manila Times Business

Hontiveros tells Quiboloy: Face allegations

MANILA, Philippines — Sen. Risa Hontiveros on Thursday challenged detained televangelist Apollo Quiboloy to face the trafficking and sexual abuse cases against him instead of turning the tables on his accuser. Hontiveros made the statement after Quiboloy’s legal counsel, Ferdinand Topacio, announced that the pastor will file libel and cyber libel charges against the senator and two other lawmakers. "If Quiboloy truly believes in justice and God, he should face the charges against him

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Manila Times Business

ABEC Opens New Manufacturing Facility in Wilson, North Carolina

Grand Opening Ceremony Scheduled for September 24, 2026 BETHLEHEM, Pa., Sept. 10, 2026 /PRNewswire/ -- ABEC, a global leader in customized solutions and services for biopharmaceutical manufacturing, today announced the grand opening of its newest manufacturing facility in Wilson, North Carolina. The official ribbon-cutting ceremony and facility opening celebration will take place on September 24, 2026, at 9:00am, bringing together company leadership, employees, partners, and community leaders to

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Manila Times Business

Arasan furthers MIPI I3C® compliance with its participation at the I3C® interop in Taipei

Arasan Chip Systems, announces its participation at the MIPI I3C® Interop Session in Taipei with its I3C® Host IP, I3C® Dual IP and I3C® Device IP on Oct 19-20, 2026 SAN JOSE, Calif., Sept. 10, 2026 /PRNewswire/ -- Arasan Chip Systems announces its participation in the I3C® Interoperability Session to be held at the sidelines of the Member Meeting in Taipei. Arasan will test its I3C® Host IP, I3C® Dual Mode IP (supports I3C® Host & Device) and I3C® Device IP with other I3C® interop participants.

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Manila Times Business

Zoomex Stock Perpetuals Bring TSLA and NVDA Within Reach Through Fair, Rule-Based Derivatives Trading

VICTORIA, Seychelles, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Zoomex, the global cryptocurrency derivatives exchange, is spotlighting its Stock Perpetuals offering as a single venue for traders who want exposure to major U.S. equities without the friction of a traditional brokerage account. Built to be Easy to Use from the first click, Zoomex gives retail and professional traders alike a unified interface to trade names such as TSLA and NVDA, backed by a platform that is Transparent by Design in how

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