Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
10098 articles across all sources
Facing scrutiny, SMC cites flood measures for Bulacan airport
SAN MIGUEL CORP. (SMC), through its unit San Miguel Aerocity, Inc. (SMAI), outlined flood-mitigation measures and engineering studies for the New Manila International Airport (NMIA) after online claims linked the Bulacan project to recent flooding. SMAI, the developer of NMIA, said the claims emerged following weeks of heavy rains but did not identify in its […]
Read more →BPI offers free car insurance, savings with auto loans
BANK of the Philippine Islands (BPI) is offering free car insurance coverage of up to five years with their auto loans for select models, alongside savings and other benefits. Under the BPI Dream More Deals campaign, customers can get waived fees of up to P50,000, discounted interest rates, and free one-year car insurance, the bank […]
Read more →Refusing to live within a lie
Václav Havel offers us a disturbing way of looking at societies that have become accustomed to the distance between what institutions say and what reality shows. The problem is not simply that governments or politicians sometimes lie. It is more troubling than that: people can know that something is untrue and yet continue to behave […]
Read more →PNB Holdings expands sustainability measures across P80.9-B property portfolio
PNB HOLDINGS Corp., the real estate arm of LT Group, Inc., is expanding sustainability and adaptive reuse initiatives across its Metro Manila property portfolio as it seeks to improve the efficiency and resilience of its commercial assets. “The shift reduces reliance on fossil fuel-based electricity across two major commercial assets in Metro Manila and adds […]
Read more →Peso rebounds on softer dollar after weak data
THE PESO rebounded on Thursday as the dollar eased on weak economic data out of the United States that tempered US Federal Reserve hike bets and a stronger Japanese yen. The currency gained 4.5 centavos to finish at P62.52 versus the greenback from its record-low close of P61.565 on Wednesday, data from the Bankers Association […]
Read more →The AI token economy
Companies spent the last two years asking employees to use AI. Soon, they will start asking a different question: Who is paying for all these tokens? It sounds trivial today because most employees experience artificial intelligence through a monthly subscription to ChatGPT, Claude or another AI tool. The cost looks predictable. Buy licenses, assign them […]
Read more →AirAsia Group, Pegasus Airlines launch codesharing partnership
Low-cost air carriers AirAsia Group and Turkey’s Pegasus Airlines have entered a codesharing partnership aimed at providing seamless connections between destinations in Europe and Southeast Asian countries, including the Philippines.
Read more →Alphaland extends support to Itogon communities
Alphaland Baguio Mountain Lodges is working with the local government and neighboring communities in Itogon, Benguet, following a month of sustained rainfall that has triggered landslides and disrupted several areas of the municipality.
Read more →Ang: Airport project did not cause Bulacan flooding
San Miguel Aerocity Inc. , the developer of the New Manila International Airport (NMIA), has maintained that its airport development in Bulacan includes long-term flood mitigation measures, as it pushed back against claims linking the airport to recent flooding.
Read more →DigiPlus gains citations at 22nd Philippine Quill Awards
DigiPlus Interactive Corp. earned three Awards of Excellence at the recently concluded 22nd Philippine Quill Awards for communication initiatives.
Read more →DMCI mining unit poised to meet nickel ore target
DMCI Mining Corp., the nickel mining arm of Consunji-led DMCI Holdings Inc., is on track to meet its production goal of three million wet metric tons of nickel this year.
Read more →ICTSI marks P2 trillion market capitalization milestone
The Philippine Stock Exchange Inc. has recognized the recent milestone of Enrique Razon Jr.’s International Container Terminal Services Inc. by hosting a celebration to mark the company’s achievement of becoming the first domestic listed firm to reach a P2-trillion market capitalization.
Read more →KairoTech, Packworks launch Sari-Sari Retail Media Network
KairoTech and Packworks have entered into a strategic partnership to develop what the two companies envision as the Philippines’ first Sari-Sari Retail Media Network, creating a new way for brands to understand, reach and engage Filipino consumers closer to where everyday purchasing decisions take place.
Read more →LTP, Emirates extend partnership
Lufthansa Technik Philippines will welcome Emirates as the launch customer for its new facility at Clark International Airport as part of their extended agreement for the base maintenance of the airline’s Airbus A380 fleet.
Read more →Maharlika investments hit P18.8 billion in 6 months
The Maharlika Investment Corp. ramped up its capital deployment in the first half, investing P18.8 billion across key industries, while it awaits the national government (NG)’s remaining P50-billion contribution to its mandated initial capitalization.
Read more →Mavic Development expands co-working space portfolio
MANILA, Philippines — Mavic Development Inc., operator of flexible workspace MSpaces, has expanded its portfolio with a second co?working branch in Makati City, part of its push to offer competitively priced offices for professionals. “We thought of expanding a second branch after we saw how there’s still an opportunity, especially in Makati, where we still feel it’s an underserved market,” Mavic Development president Jovie Cochien told The STAR. “We have comp
Read more →P20 billion animal competitiveness fund likely available by 2028
The Department of Agriculture may fully tap the P20-billion fund for the animal industry by 2028, delaying a legally mandated support for the country’s livestock and poultry sector.
Read more →PAL beefs up long-haul fleet with fourth Airbus A350-1000
Flag carrier Philippine Airlines is strengthening its long-haul fleet with the addition of its fourth Airbus A350-1000.
Read more →Palace, economic team working on managing inflation, peso fall
President Marcos and his economic managers are addressing the impact of a weaker peso on the prices of goods, Malacañang said yesterday, after the local currency hit a record low in the face of rising fuel prices and stronger dollar.
Read more →Palawan Group founders feted for grassroots financial inclusion
Bobby and Angelita Castro, founders and owners of the 41-year-old Palawan Group of Companies, recently received the Silver Coin Tribute from SEDA Law in recognition of the couple’s decades-long leadership and the group’s unwavering commitment to empowering ordinary Filipinos.
Read more →Philippines starts hunt for P788 billion geothermal power wealth
Seeking to regain its global geothermal standing, the Philippines is setting its sights on unlocking roughly $12.6 billion (about P787.9 billion) worth of untapped geothermal potential.
Read more →Robinsons returns for 17th year of UP basketball sponsorship
Robinsons Retail Holdings Inc. is continuing its longstanding sponsorship of the University of the Philippines (UP) Men’s Basketball Team, marking the partnership’s 17th year.
Read more →Security Bank unveils 3-year growth strategy
Security Bank has unveiled a focused three-year strategy to capture the next wave of growth in Philippine banking, concentrating on wealth management, entrepreneur banking, and corporate and institutional banking to leverage its existing strengths.
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