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Philippines Business News

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

10057 articles across all sources

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BusinessWorld

Entertainment News (09/08/26)

NBA 2K27, the latest iteration of the NBA video game franchise developed by Visual Concepts and published by 2K, is now available on PlayStation 5 (PS5), XBOX Series X|S, PC via Steam, and Nintendo Switch 2.

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BusinessWorld

Vista Land may sell two malls for up to P15 billion — CreditSights

LISTED property developer Vista Land & Lifescapes, Inc. (VLL) may sell two non-core malls for up to P15 billion as it explores funding options ahead of a $420-million bond maturity in July 2027, according to CreditSights. “VLL has substantial unencumbered good quality retail malls and a land bank that can be monetized. Management indicated to […]

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BusinessWorld

PhilWeb, unit invest P4.23 billion in Epic Game administrator JKS Tech

LISTED electronic gaming technology services provider PhilWeb Corp. and its wholly owned subsidiary have agreed to invest a combined P4.23 billion in JKS Tech Solutions, Inc., which is listed by the Philippine Amusement and Gaming Corp. (PAGCOR) as the gaming system administrator of the Epic Game brand. In a regulatory filing on Monday, PhilWeb said […]

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BusinessWorld

T-bill yields jump on inflation risks as Iran conflict rages on

THE GOVERNMENT made a partial award of the Treasury bills (T-bills) it offered on Monday as the market asked for higher yields due to fears of elevated inflation in the near term, with the Middle East conflict still unresolved. The Bureau of the Treasury (BTr) raised only P38.69 billion from the T–bills, below the P45 […]

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BusinessWorld

Manila Water’s new San Juan reservoir nears completion

EAST ZONE concessionaire Manila Water Co., Inc. is targeting to complete the replacement of its decades-old San Juan reservoir by yearend to boost water storage capacity for communities in Metro Manila. In a statement on Monday, the water service provider said the P970-million San Juan reservoir was 84% complete as of July and will be […]

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BusinessWorld

Integrity in the Boardroom: Principle or Platitude?

Open almost any annual report across the Philippines and Southeast Asia, and one will inevitably find “integrity” listed among corporate values. It is universal, reassuring, and rarely questioned. Yet this raises a critical issue for boards in our region. Do we truly practice integrity, or has it become a word we are expected to include? […]

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BusinessWorld

Peso ends higher after touching new low intraday

THE PESO edged higher against the dollar on Monday despite hitting a new record low intraday as the Middle East conflict continued to worsen. The currency inched up by 0.4 centavo to close at P62.586 versus the greenback from Friday’s record-low finish of P62.59, data from the Bankers Association of the Philippines’ website showed. The […]

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BusinessWorld

PHL CFOs face gaps in key decision-making role — SGV

PHILIPPINE COMPANIES risk missing growth opportunities as many chief financial officers (CFOs) do not lead key investment and value-creation decisions, according to the latest EY Global DNA of the CFO survey. While 55% of Philippine CFO respondents believe they should be involved in value creation, only 23% actually lead key investment decisions, while 35% lead […]

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BusinessWorld

High-value manufacturers drive industrial property expansion

INDUSTRIAL demand remained robust in the first half (H1) of 2026, led by semiconductor, food and beverage, and fast-moving consumer goods (FMCG) manufacturers seeking facilities with modern specifications and strategic access to ports and expressways amid rising fuel costs. Central Luzon will be a major contributor to new industrial space beyond 2026, and this should […]

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BusinessWorld

Restoring trust: Taiwan’s rightful place in the free world

THE rules-based international order is under growing strain as authoritarian states seek to weaken its safeguards and reshape international rule to serve their own interests.

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BusinessWorld

InLife expects to sustain strong growth in new business premiums

THE INSULAR Life Assurance Co. Ltd. (InLife) expects to sustain the double-digit growth in its new business annual premium equivalent (NBAPE) until next year as continued economic uncertainty could fuel demand for financial protection, its top official said. “We’re doing well. I think we will end the year around 40%… If you look at our […]

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BusinessWorld

PH Resorts board clears transfer of PH Travel to Udenna

PH RESORTS Group Holdings, Inc. said its board has approved a proposed restructuring that would transfer its ownership in PH Travel and Leisure Holdings Corp. to parent company Udenna Corp. as part of efforts to simplify its corporate structure and strengthen its financial position. In a regulatory filing on Monday, PH Resorts said the restructuring […]

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BusinessWorld Banking

EastWest Bank prices P9-B stock rights offer

EAST WEST Banking Corp. (EastWest Bank) has priced its planned stock rights offer (SRO), through which it wants to raise about P9 billion to fund its growth plans. The bank said the SRO will be conducted through the issuance of common shares to eligible shareholders with a par value of P10 apiece. The common shares […]

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BusinessWorld Banking

Manulife Philippines launches life plan with annual payouts

THE MANUFACTURERS Life Insurance Co. (Philippines) Inc. (Manulife Philippines) has launched an upgraded version of a single-payment life insurance plan that guarantees annual payouts, aimed at helping preserve capital and maintain protection. Wealth Guarantee Plus provides guaranteed annual cash payouts of up to 5% for single premiums worth P3 million and above for seven years, […]

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PhilStar Business

ADB: Philippines GDP may still grow by 3.8% this year

The Philippine economy may still post 3.8 percent growth this year, despite the weak growth performance in the first half, but faster infrastructure spending and consumption growth would be needed in the second half, according to the Asian Development Bank..

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PhilStar Business

Before you add, learn to subtract

A long time ago, a Japanese childless couple, who despite their advanced age, continued praying at a shrine for a child.

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PhilStar Business

Cignal speeds up strategic pivot through Smart, TNT partnerships

Cignal is expanding its reach nationwide through strategic partnerships with leading mobile brands TNT and Smart Communications, bringing premium sports, news and entertainment straight to smartphone screens.

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PhilStar Business

GCash IPO: For whom?

A few months ago, I wrote about why the GCash IPO could be different for this region, not because of size, but because of what it represents.

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PhilStar Business

Over next 12 months :Most CEOs bullish on revenue growth

More than 80 percent of Philippine CEOs are upbeat on industry prospects and revenue growth in the next 12 months, despite geopolitical tensions, technological disruption and changing regional dynamics, according to a survey of PwC Philippines and the Management Association of the Philippines.

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PhilStar Business

Philippines outsourcing sector holds up amid AI concerns

The Philippines has yet to see an artificial intelligence (AI)-driven collapse in its outsourcing industry, with business service exports and related employment continuing to expand, according to HSBC Global Investment Research.

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PhilStar Business

Philippines pushes zero tariffs on banana exports to Japan

The Philippines is pressing for zero tariffs on its banana exports to Japan as it finalizes a bilateral trade agreement, the Department of Trade and Industry said.

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PhilStar Business

Rare heritage pieces headline

León Gallery September auction Rare works by some of the Philippines’ most important artists and historically significant pieces from private collections will go under the hammer at León Gallery’s The Magnificent September Auction 2026 on Sept. 12, highlighting the enduring market for Philippine art, antiques and cultural heritage.

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PhilStar Business

Southlinks Estate gets 5-Star BERDE rating

Height Realty Inc.’s Southlinks Estate has earned the distinction of being the first development in Metro Manila to receive a 5-Star BERDE District rating.

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PhilStar Business

Stocks slip as investor caution persists

The Philippine Stock Exchange index slipped on a muted session amid prevailing caution among investors.

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