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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.

10057 articles across all sources

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BusinessWorld Banking

BSP securities fetch higher rate, weak demand

THE AVERAGE RATE of the Bangko Sentral ng Pilipinas’ (BSP) short-term securities continued to edge higher on Friday as market demand weakened. Bids for the 28-day BSP bills (BSPB) came in at P32.29 billion, lower than the P40 billion placed on the auction block and the P63.52 billion in tenders seen for the P30 billion […]

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BusinessWorld Banking

Government debt yields go up on supply worries

YIELDS on government securities (GS) traded in the secondary market ended mostly higher last week as investors stayed cautious in anticipation of a jumbo bond offer that would increase supply, offsetting support from a slightly slower August inflation print. GS yields, which move opposite to prices, rose by an average of 3.91 basis points (bps) […]

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PhilStar Business

‘3 in 4 in NCR booking more ride-hailing trips’

Nearly three in four Filipinos living in Metro Manila are relying more on ride-hailing apps to go around the region, choosing to pay a premium especially when in a hurry.

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PhilStar Business

4PH improves Megawide outlook

First Metro Securities Brokerage Corp., in its Aug. 31, 2026 company update on Megawide Construction Corp., written by analysts Mark Angeles and Kyle Garcia, sees a good opportunity once again for stock market players to start buying shares of the Saavedra-led construction firm as the market has dipped anew.

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PhilStar Business

An outlier taipan

Over the past weeks, I have been writing about how our economic elites have preferred to invest in protected and rent-seeking industries rather than in basic industries that will make our economy internationally competitive.

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PhilStar Business

BSP plans pause on new payment system operators

The Bangko Sentral ng Pilipinas (BSP) wants to suspend for a year the registration of new payment system operators as part of tighter safeguards to make merchant payments traceable and curb fraud and illicit transactions.

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PhilStar Business

DMCI pours in over P160 million for Berong mine rehab

DMCI Mining Corp. has invested more than P160 million for the rehabilitation of its Berong nickel mine in Palawan, as the company completes the work ahead of schedule.

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PhilStar Business

El Niño impact on rice harvest seen lessening

The Department of Agriculture has revised its rice production projections, narrowing the potential El Niño-induced decline this year to about 400,000 metric tons (MT).

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PhilStar Business

Geothermal power firms seek auction pricing revamp

The National Geothermal Association of the Philippines (NGAP) is pushing for changes to the pricing mechanism for geothermal projects following the poor turnout in the previous government auction.

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PhilStar Business

Government think tank flags shortfall in rice tariff

The persisting shortfall in rice tariff collection will cause additional strain on the government’s fiscal space as the revenue gap would be plugged by other sources, a congressional think tank said.

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PhilStar Business

Sideways trading expected this week

Trading may move sideways with a downward bias at the local market this week as peso volatility is expected to persist, analysts said.

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PhilStar Business

Two-trillion-peso company

Last week, the Philippine Stock Exchange (PSE) hosted a cocktail reception to celebrate the latest milestone achieved by International Container Terminal Services Inc (ICT). It became the first listed Filipino company to reach P2 trillion in market cap.

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PhilStar Business

Zero tariff for electric vehicles pushed until 2040

The Electric Vehicle Association of the Philippines (EVAP) is pushing for the extended implementation of the zero tariff on EVs until 2040 to support the continued growth and adoption of these vehicles.

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Manila Times Business

MoneySimpler Unveils BTC Contract Scheme Offering Bitcoin Holders Potential Daily Returns of Up to $8,400

NEW YORK, Sept. 06, 2026 (GLOBE NEWSWIRE) -- As Bitcoin holders explore new ways to put their digital assets to work, MoneySimpler has introduced a BTC contract strategy that combines AI-driven market analysis with automated trading, offering potential daily returns of up to $8,400 depending on the selected strategy, investment amount, and market conditions. Bitcoin continues to attract attention from investors worldwide. However, its price can fluctuate significantly in response to market liqui

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Manila Times Business

One Overlooked Filing Will Turn Elon Musk's "Rocket Company" Into Something Else Entirely, Says James Altucher

In a new free presentation, the veteran investor explains how a single government document points to what Musk's satellites are really for, and it isn't rockets or internet. Washington, D.C., Sept. 06, 2026 (GLOBE NEWSWIRE) -- When legendary tech investor James Altucher describes the document at the heart of his new presentation, he says it gives him chills. The reason, in his view, is what it does to how anyone should understand Elon Musk's best-known space venture. In that single filing, Altuc

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Manila Times Business

FDI World Dental Federation launches Generation Smile, the oral health movement for all

Generation Smile is a generation unlike any other. It isn't defined by the year you were born. It unites people of every age, background and culture around one shared purpose: making oral health a priority because it is essential to health and well-being - for everyone, everywhere. - Picture is available at AP - PRAGUE, Sept. 6, 2026 /PRNewswire/ -- Today, at the FDI World Dental Congress in Prague, FDI World Dental Federation (FDI) officially unveiled Generation Smile - the oral health movement

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Manila Times Business

Multispectral Vision and Edge AI Drive Solid Post-IPO Momentum for HQVT (01392.HK)

HONG KONG SAR - Media OutReach Newswire - 6 September 2026 - Shenzhen HQVT Technology Co., Ltd. (01392.HK), a prominent leader in China's multispectral artificial intelligence sector, has published its interim financial results for the six months ended June 30, 2026. Marking the company's inaugural operational scorecard following its listing on the Main Board of the Stock Exchange of Hong Kong on June 22, 2026, the interim report confirms accelerating commercial momentum across its core product

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Manila Times Business

PLDT outlasts Creamline, sends Nxled to PVL finals

MANILA, Philippines — PLDT High Speed Hitters ended Creamline Cool Smashers’ hopes of reaching the 2026 Premier Volleyball League (PVL) Invitational finals, while Nxled secured a championship berth following a thrilling five-set showdown on Sunday night at the Araneta Coliseum. PLDT outlasted Creamline, 25-17, 23-25, 21-25, 25-23, 15-12, in a tightly contested match that ultimately allowed Nxled to advance to the finals on set-point ratio. Savi Davison delivered a career-best 37 poin

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Manila Times Business

SayRose Redefines Lifestyle Tech at IFA 2026

From Functional Devices to Expressive Gifts: SayRose Brings Design · Emotion · Gift to Everyday Technology BERLIN, Sept. 06, 2026 (GLOBE NEWSWIRE) -- At IFA 2026, SayRose presents a different perspective on consumer electronics: technology should not only work reliably-it should also look appealing, bring joy, and be gift-worthy. Under its brand philosophy of Design · Emotion · Gift, SayRose showcases its latest lifestyle technology portfolio-from audio products and portable charging solutions t

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Manila Times Business

'The flood is coming': How a Nepal principal saved 900 students

NUWAKOT, Nepal — Rajendra Dawadi was inside his school near Nepal's Trishuli River with around 900 students last week when a colleague delivered an urgent warning. "My accountant came to the school and said, 'The flood is coming, the flood is coming'," the school principal told AFP in a recent interview. Dawadi quickly ordered an evacuation, and teachers hurried hundreds of students from classrooms to higher ground. Minutes later, the 47-year-old watched the Trishuli Bazaar Secondary Schoo

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Manila Times Business

China Xplained | The China Squeeze, or the China Opportunity?

GUANGZHOU, China, Sept. 6, 2026 /PRNewswire/ -- This is a news report from South: Is China's manufacturing rise squeezing out or creating opportunities for other economies? Ahead of the 2026 APEC Economic Leaders' Meeting in China this November, journalists and experts from around the world gathered in Guangdong for the Asia-Pacific Media Forum (APMF) 2026. The forum opened in Shenzhen on September 5, bringing together more than 400 representatives from across the Asia-Pacific region, as well as

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Manila Times Business

'Like a jewel': Japan's luxury ice revered by bars worldwide

KANAZAWA, Japan — In the historic Japanese city of Kanazawa, craftsmen painstakingly shape and slice blocks of ice destined to chill negronis in some of the world's trendiest bars. The men work for Kuramoto Ice, a century-old company in Ishikawa on the Sea of Japan coast and one of dozens of Japanese firms producing ultra-clear, premium ice. This luxury product, believed by those in the industry to melt more slowly than regular blocks, is a staple of Japan's cocktail culture. But its popul

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BusinessWorld

Weak peso, inflation concerns to drag PHL shares

PHILIPPINE SHARES may trade sideways this week as a weaker peso and rising oil prices drag sentiment, with the market looking ahead to key US data that could affect the US Federal Reserve’s policy stance. On Friday, the Philippine Stock Exchange index (PSEi) rose by 0.35% or 21.18 points to close at 6,090.60, while the […]

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Manila Times Business

Asia-Pacific Media Forum held in China's Guangdong

SHENZHEN, China, Sept. 6, 2026 /PRNewswire/ -- A news report from Xinhuanet: The Asia-Pacific Media Forum opened on Saturday in Shenzhen, south China's Guangdong Province, with the theme of "Building a Path to Shared Prosperity for the Asia-Pacific Community: Media Consensus and Action." Li Shulei, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Publicity Department of the CPC Central Committee, attended the forum and delivered a keynote s

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