Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
10030 articles across all sources
CLI to expand Bohol residential footprint with 5.6-hectare Tagbilaran project
LISTED DEVELOPER Cebu Landmasters, Inc. (CLI) is expanding its residential footprint in Bohol with the development of a 5.6-hectare property in Tagbilaran City into a mixed residential community featuring mid-market housing and its first Mirani condominium project in the province. “Bohol continues to show strong potential, and our performance here gives us confidence to deepen […]
Read more →The need for quality work
(Part 1) Despite the falling fertility rate in the Philippines, the number of young people and, therefore, of job seekers, continues to rise. According to the latest data from the Philippine Statistics Authority, the labor force numbered about 51.2 million people in 2025. Over the last several years, the labor force has grown at an […]
Read more →Health maintenance organizations post higher revenues, benefit payouts for the first semester
THE HEALTH maintenance organization (HMO) industry booked higher revenues in the first half of the year backed by growth in membership fee collections, allowing for increased benefit payouts. The Insurance Commission (IC) said HMOs’ combined revenues climbed by 19.99% to P56.433 billion in the six-month period from P47.033 billion last year. Total membership fees collected […]
Read more →Anvaya Cove golf course rises to 15th in Asia
AYALA Land Premier’s Anvaya Cove Golf Course in Morong, Bataan, rose to 15th place in the latest Top 100 Golf Courses in Asia ranking, up from 19th in 2024. Ayala Land Premier said in a statement on Tuesday that the 18-hole, par-72 course also retained its No. 1 ranking in Southeast Asia for the second […]
Read more →Philippine peso more exposed to external risks
THE PESO’S performance against the dollar remains the weakest among other currencies in the region as the Philippines’ weak external position exposes it more to global headwinds, Singapore-based Oversea-Chinese Banking Corp. Ltd. (OCBC) said. “PHP (Philippine peso) continues to underperform regional peers, with elevated oil prices exacerbating an already challenging external backdrop,” OCBC Group Research […]
Read more →EastWest Bank personal loan products now on Moneymax
MONEYHERO GROUP’s local subsidiary Moneymax has sealed a partnership with East West Banking Corp. (EastWest Bank) to expand access to personal financing products. Under the partnership, EastWest Bank’s personal loan products will be available on the Moneymax personal finance comparison platform. Moneymax users may start the loan application process on the platform, with details transmitted […]
Read more →How PSEi member stocks performed — September 8, 2026
Here’s a quick glance at how PSEi stocks fared on Tuesday, September 8, 2026.
Read more →Bargain hunting lifts PSEi back to 6,100
The local stock market pulled off a win despite the continued depreciation of the peso and the country’s unemployment rate hitting a four-year high in July, as investors opted to capitalize on cheap valuations instead.
Read more →Citi, DEG extend over P1.5 billion to OnePuhunan
Microfinance lender OnePuhunan has secured more than P1.5 billion from Citi and German development finance institution DEG to expand lending to Filipino women entrepreneurs.
Read more →Credit growth rebounds to 2-month high in July
Bank lending growth picked up to a two-month high in July as borrowing by businesses strengthened, offsetting a continued moderation in consumer credit amid weak household confidence.
Read more →Debt servicing hits P140 billion in July
The government’s debt service jumped to almost P140 billion in July, driven largely by higher interest payments and amortization, according to the Bureau of the Treasury’s latest cash operations report.
Read more →Distorting the wage-setting process
The recent decision of the Department of Labor and Employment to unilaterally raise the current daily minimum wage by P85, to be implemented in two tranches of P60 initially this year and then another P25 next year through Wage Order NCR-27, has politicized the wage-setting process and is distorting the tripartite wage process.
Read more →DOE chief’s newfound dream
Before joining the Department of Energy (DOE), Secretary Sharon Garin had always dreamed of becoming an architect.
Read more →DOE targets 160 MW from biomass auction
The Department of Energy is putting 160 megawatts (MW) of biomass capacity up for auction, with the maximum bid price expected to be released next month.
Read more →Expensive electricity
Our power system, the high cost of electricity and the unreliability of supply, are often cited as a primary deal breaker with potential foreign investors in our manufacturing sector. Even local investors have cited this problem, in addition to red tape, as reasons why they remain uncompetitive in the export market.
Read more →‘GCash IPO may fetch P7.50-P8.50 a share’
Mynt Inc., the parent company of e-wallet giant GCash, is expected to settle on a slightly lower offer price for its upcoming initial public offering (IPO), which is still expected to be the largest in the country’s history.
Read more →Higher gold prices lift Philippines reserves to $104.81 billion in August
The country’s foreign exchange buffer rose to a five-month high in August as higher global gold prices lifted the Bangko Sentral ng Pilipinas (BSP)’s gold holdings, helping keep reserves adequate despite government debt payments.
Read more →IBPAP-led alliance courts global firms to locate in Philippines
The Information Technology and Business Process Association of the Philippines has teamed up with advisory firms, real estate developers, banks and investment promotion agencies to encourage global firms to locate in the country as part of its aim to hit $50.5 billion in revenue by 2028.
Read more →I&C Holdings takes 27% stake in ABS-CBN after P3.5 billion infusion
The Lopez family’s grip on media giant ABS-CBN Corp. has loosened following the entry of a new investor that infused P3.5 billion into the company in exchange for a 27-percent share.
Read more →Jobless rate hits 4-year high in July
The country’s unemployment rate in July rose to its highest level in over four years as more Filipinos joined the workforce, but not enough jobs were available in the market. Preliminary results of the Philippine Statistics Authority’s Labor Force Survey showed that the unemployment rate rose to six percent in July from the previous month’s 4.9 percent and 5.3 percent in the same month last year.
Read more →Metrobank banks on financial strength to sustain lending
Metropolitan Bank & Trust Co. is banking on its financial strength to sustain lending and investments in its services amid economic uncertainty as it marks its 64th anniversary this month.
Read more →Peso plunges to new record low vs dollar
The peso slipped to another record low against the dollar yesterday as rising oil prices fueled concerns over global inflation and tighter monetary policy.
Read more →PhilWeb bets P4.23 billion on JKS Tech
PhilWeb Corp. is investing P4.23 billion in technology firm JKS Tech Solutions Inc., which in turn will acquire a 4.85-percent stake in the listed gaming service provider.
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