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Philippines Business News

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

10039 articles across all sources

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BusinessWorld

First parliamentary polls will test BARMM’s ayuda economy

IN LESS THAN a month’s time, voters will cast their ballots in the first parliamentary election for the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). There are 13 political parties competing for 80 seats, and they will need to offer a credible blueprint for good governance in a geographically dispersed area confronted by severe economic constraints.

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BusinessWorld

Slower Q2, but office market stays resilient — Colliers

THE Philippine office market’s momentum stalled in the second quarter (Q2) of 2026 as geopolitical uncertainty from the Middle East crisis prompted occupiers to reassess timing, costs, and space commitments. Leasing decisions were pushed to the latter part of the year, with occupiers prioritizing renewals over relocations or expansions amid higher capital expenditure assumptions. Still, […]

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BusinessWorld

SC upholds P39.37-million customs, VAT liability against Colgate-Palmolive Philippines

THE SUPREME COURT (SC) has upheld a P39.37-million assessment in deficiency customs duties, value-added tax (VAT), and surcharge against Colgate-Palmolive Philippines, Inc. (CPPI) over royalty payments and charges related to its importations. In a decision promulgated on April 30, 2026, and made public on Monday, the SC’s Third Division denied CPPI’s petition challenging a Court […]

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BusinessWorld

Optimism ‘essential’ in The Dog Stars

LONDON — Ridley Scott returns to science fiction films after nearly a decade with a dystopian thriller the prolific director-producer and his starry cast say carries a message of hope. The Alien, Gladiator, and The Martian filmmaker’s latest movie The Dog Stars is based on Peter Heller’s 2012 book of the same name and set […]

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BusinessWorld Banking

BSP to help rural banks upgrade their systems

THE BANGKO SENTRAL ng Pilipinas (BSP) will begin accepting next month applications for technical assistance (TA) from rural banks that need financing to upgrade their core banking systems. In a memorandum signed by BSP Governor Eli M. Remolona, Jr., the central bank said rural banks may apply for assistance to fund their transition to cloud-based […]

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BusinessWorld Banking

Peso weakens as market eyes BSP meeting

THE PESO weakened against the dollar on Monday as players took positions before the Philippine central bank’s policy meeting this week, where the market expects a third straight rate hike. The currency dropped by six centavos to close at P61.73 versus the greenback from P61.67 on Thursday, data from the Bankers Association of the Philippines’ […]

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BusinessWorld Banking

Central bank bills fetch higher yield for 10th week

THE AVERAGE YIELD on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities nudged higher for the 10th week in a row on Monday, even as the offer was met with strong demand. The 28-day BSP bills fetched P32.557 billion in tenders, slightly above the P30 billion auctioned off but below the P52.315 billion in bids […]

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PhilStar Business

Apple Pay seen to lift UnionBank card usage

Union Bank of the Philippines is expecting Apple Pay to drive higher card usage and eventually contribute to revenues as early customer enrollments point to growing appetite for mobile contactless payments.

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PhilStar Business

BSP rolls out cloud support for rural banks

The Bangko Sentral ng Pilipinas is rolling out technical assistance that will help qualified rural banks migrate from legacy information technology systems to cloud-based core banking platforms, strengthening their resilience and competitiveness amid rapid digitalization.

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PhilStar Business

Emperador rejoins FTSE global index

Emperador Inc. is rejoining the FTSE Global Equity Index Series, while several firms are being downgraded.

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PhilStar Business

How well do you understand Kaizen?

Imagine unlocking a superpower that transforms ordinary routines into engines of extraordinary progress, but without overhauls, massive budgets or overnight miracles.

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PhilStar Business

Late-session buying buoys stocks

Late-session buying buoyed the Philippine Stock Exchange index to a positive finish yesterday, even as trading remained cautious most of the day.

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PhilStar Business

Makro charts Philippines comeback in 4 ALI estates

Makro is making a major comeback in the Philippines with four new stores rising within Ayala Land Inc. mixed-use estates.

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PhilStar Business

Miners back minerals framework

Local miners have voiced their support for the government’s plan to create a national critical minerals framework to boost mining investments in the country.

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PhilStar Business

PAGCOR income seen to drop 91%

The Philippine Amusement and Gaming Corp. is estimating a 91-percent decline in full-year net income this year, as the Middle East crisis and the removal of e-wallet links to online gambling platforms sapped gambling activity.

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PhilStar Business

SEC pushes next wave of capital market reforms

The Securities and Exchange Commission is lining up its next phase of reforms after what it considers as a successful first year in office of SEC chairperson Francis Lim, who focused on cutting regulatory costs and streamlining processes.

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PhilStar Business

‘System loss charges stay until next year’

The Department of Energy yesterday said the complete removal of system loss charges is unlikely before President Marcos delivers his final State of the Nation Address next year.

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Manila Times Business

Societe Generale: Information regarding executed transactions within the framework of a share buy-back programme

INFORMATION REGARDING EXECUTED TRANSACTIONS WITHIN THE FRAMEWORK OF A SHARE BUY-BACK PROGRAMME Regulated Information Paris, 24 August 2026 As of 21 August 2026, Societe Generale has completed 32.5% of the previously announced extraordinary share buy-back of EUR 1.5 billion1. The purchases performed2 from 17 to 21 August 2026 are described below. Press contacts: Jean-Baptiste Froville_+33 1 58 98 68 00_ jean-baptiste.froville@socgen.com Fanny Rouby_+33 1 57 29 11 12_ fanny.rouby@socgen.com Purcha

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Manila Times Business

Disclosure of transactions on shares from August 17, 2026, to August 21, 2026

Nanterre, August 24, 2026 Disclosure of transactions on shares from August 17, 2026,to August 21,2026 Within the framework of the authorization granted by the General Meeting of VINCI SA of April 14th, 2026, to trade in its shares and in accordance with the regulations relating to share buybacks, VINCI SA (LEI:213800WFQ334R8UXUG83) declares the purchases of treasury shares below (FR0000125486), carried out from August 17,2026 to August 21,2026: I - Aggregate presentation by day and by market Iss

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Manila Times Business

Melexis: update on the share buy-back program

Press release - Regulated Information Melexis: update on the share buy-back program Ieper, Belgium - 24 August 2026, 17.45 hrs CET Melexis reports the purchase of 3,919 Melexis shares on Euronext Brussels in the period from 17 August 2026 to 21 August 2026, related to the share buy-back program announced on 10 December 2025. Trade dateTotal shares purchasedAverage price (€)Min price (€)Max price (€)Buyback amount (€)17/8/2026-----18/8/2026-----19/8/2026-----20/8/20262,53264.8864.4065.00164,28421

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Manila Times Business

ASM share buyback update August 17 - 21, 2026

Almere, The Netherlands August 24, 2026, 5:45 p.m. CET ASM International N.V. (Euronext Amsterdam: ASM) reports the following transactions, conducted under ASM's current share buyback program. DateRepurchased sharesAverage priceRepurchased valueAugust 17, 20264,114€ 911.30€ 3,749,076August 18, 20264,556€ 858.60€ 3,911,803August 19, 20267,759€ 834.85€ 6,477,621August 20, 20267,016€ 822.41€ 5,770,055August 21, 20266,511€ 830.83€ 5,409,524Total29,956€ 845.18€ 25,318,079 These repurchases were made

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Manila Times Business

Information regarding executed transactions within the framework of a share buyback programme (outside the liquidity agreement) from 17 August to 21 August 2026

(In accordance with article 5 of Regulation (EU) No 596/2014 on Market Abuse Regulation and article 3(3) of Delegated Regulation (EU) 2016/1052 supplementing Regulation (EU) No 596/2014 through regulatory technical standards concerning the conditions applicable to buyback programmes and stabilisation measures) As announced on Thursday 30 July 2026, Ayvens started on Friday 31 July 2026, an ordinary share buyback programme for a maximum amount of EUR 450 million for the purpose of shares cancella

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Manila Times Business

Purdue innovation enhances multiomics workflow, eliminates sample preparation

Patent-pending automated STEi method provides a chemical heat map of small molecules and proteins of irregular surfaces Purdue University STEi innovation - 1 Jesus Ladino, a visiting scholar with the Undergraduate Research Experience Purdue-Colombia program through the Colombia Purdue Partnership, develops software for an automated surface touch extraction prototype at Purdue University’s Bindley Bioscience Center. Using the robotic system, researchers are testing different probes to evaluate th

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Manila Times Business

HerbalGram Special Coca Issue: A Compelling Case to Reconsider Coca and Its Role as a Health-Promoting Botanical

ABC journal explores misunderstood South American plant and its broad cultural and therapeutic heritage, and rolls out original "On the Coca Trail” videos on HerbTV The Coca Issue ABC journal explores misunderstood South American plant and its broad cultural and therapeutic heritage, and rolls out original "On the Coca Trail” videos on HerbTV Austin, Texas, Aug. 24, 2026 (GLOBE NEWSWIRE) -- The nonprofit American Botanical Council (ABC) is pleased to announce the publication of a special issue o

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