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
REDInc president honored at 7th Philippine Faces of Success
REDINC President and CEO Red Era was recognized as one of the distinguished honorees of Philippine Faces of Success 2026 during the 10th anniversary celebration of BEST Magazine at Camelot Hotel, Quezon City, on Aug. 1, 2026. The awards night, led by Philippine Awards guru Richard Hiñola, celebrated individuals who have demonstrated excellence, leadership and meaningful contributions in their respective fields. Era’s recognition reflects his vision and dedication to growing REDinc a
Read more →The Philippines’ security trap
The recent school shootings are a tip of an iceberg of a vast private-security industry, Filipinos recruited into foreign wars, expanding US military access and rising defense expenditure. These converging phenomena intersect through poverty and violence, corruption and weak institutions. THE Philippines has experienced an unprecedented wave of campus gun violence in Tacloban and Zamboanga, occurring within a span of just two months. These school shootings have shattered the idyllic self-image o
Read more →Goldilocks eyes up to 100 new stores this year
GOLDILOCKS Bakeshop, Inc., part of the SM Group, is looking to add as many as 100 stores to its Philippine network this year, with its domestic store count expected to approach 1,100 by yearend. “We typically explore opening close to 100 stores per year. But of course, not all of them become executable. So the […]
Read more →CCC, National Youth Commission pilot program to empower young leaders towards transformative climate action
The Climate Change Commission (CCC), in collaboration with the National Youth Commission (NYC), partnered with selected higher education institutions (HEIs) to pilot the Youth Climate Leadership Accelerator Project (Youth CLAP), providing participating students with opportunities to strengthen their climate knowledge, develop leadership skills, and explore practical ways to contribute to a more transformative climate action. […]
Read more →Kazakhstan holds crucial election
TALLINN, Estonia — Polls opened Sunday in Kazakhstan’s parliamentary elections, a vote expected to further to strengthen President Kassym-Jomart Tokayev’s power in Central Asia’s largest nation. The ruling pro-presidential Adilet party is widely predicted to win an overwhelming majority, with several smaller parties loyal to Tokayev also anticipated to enter parliament. Tokayev, 73 — a former Soviet official and Kazakh diplomat who previously worked at the United Na
Read more →‘Rolling lab’ heads to BRC
LAST WEEKEND, the Toyota Gazoo Racing (TGR) Philippine Cup made its first-ever stop at the Batangas Racing Circuit (BRC). While the facility is smaller compared to the usual haunt of the grassroots race series, the Clark International Speedway, the BRC is considered a more difficult course.
Read more →Chic babies
FASHIONABLE PARENTS now have more options to match with their kids: Kids Around, a French brand, is now in the Philippines. At the Greenbelt 5 store opening on Aug. 11, BusinessWorld saw luxury children’s outfits from Boss, Chloe, the Kids Around brand itself, Givenchy, and Kenzo Kids. The look of the store is a little […]
Read more →InstaPay, PESONet transfers hit P19.16 trillion amid fee waivers
DIGITAL PAYMENTS continued to grow, with recent transfer fee waivers driving transaction volumes in InstaPay and PESONet to more than double as of July, Bangko Sentral ng Pilipinas (BSP) data showed. In the first seven months of the year, the combined value of InstaPay and PESONet transfers amounted to P19.162 trillion, up 44.82% from the […]
Read more →First Gen falls after parent rejects KKR offer
SHARES of Lopez-led First Gen Corp. (FGEN) fell last week as investors took profits after parent First Philippine Holdings Corp. (FPH) rejected a proposal from global investment firm Kohlberg Kravis Roberts & Co. L.P. (KKR) to acquire part of its stake and launch a tender offer for the power producer’s public float. Philippine Stock Exchange […]
Read more →Single-Digit Poverty: Historic milestone, or a trick of the ruler?
A data reality-check on the government’s poverty numbers When the Philippine Statistics Authority (PSA) announced that poverty incidence had fallen to 9.7% in 2025 — the first single-digit reading in the country’s history — the government understandably claimed victory. But layer that headline against the labor market, inflation, and regional data sitting right beside it, […]
Read more →BatStateU opens country’s first Industry-Based Learning engineering campus at LIMA Estate
Batangas State University-The National Engineering University (BatStateU The NEU) formally opened its LIMA Campus on Aug. 17, welcoming over 800 inaugural engineering and technology students to the country’s first campus built around an Industry-Based Learning (IBL) model. Unlike traditional engineering programs that defer practical application to senior-year internships, BatStateU’s IBL framework embeds industry exposure into the […]
Read more →FedEx, JA Philippines name student finalists for regional trade competition in Singapore
Six secondary school students across three teams have been selected to represent the Philippines at the Asia-Pacific regional finals of the 2026 FedEx / Junior Achievement International Trade Challenge (FedEx / JA ITC) in Singapore this August. Now in its 17th year in the country, the program — co-organized by Federal Express Corp. (FedEx) and nonprofit organization […]
Read more →Car Shopping 101
AND SO I COME full circle. Those of you who read the byline, find it familiar but are quite confused, you’ve probably been following the motoring world for quite some time now.
Read more →CLI nears 50,000 homes as regional projects earn top honors
CEBU LANDMASTERS, INC. (CLI) is approaching 50,000 homes, its chief executive officer said after the Visayas-Mindanao developer was named Best Developer at the 14th PropertyGuru Philippines Property Awards. “This is to honor my father (Jose Soberano III). He started CLI [back then] with 200 houses in 2004. We’re now approaching 50,000 houses in a few […]
Read more →GS rates may correct on US move to support bonds
RATES of the government securities (GS) to be offered this week may end mixed amid increased volume as the Treasury is set to auction off cash management bills anew, and with the United States’ effort to support long-dated bonds seen to stem the rise in yields. On Monday, the Bureau of the Treasury (BTr) will […]
Read more →Raise vape taxes to the highest rate possible
On Aug. 11, the tobacco and vape industry showed up in full force at the House Ways and Means Committee hearing deliberating the bills on vape taxes, armed with the same arguments that they have been repackaging for the past few years and have echoed around the world: that taxes on tobacco should be kept […]
Read more →SINAG warns against using weather events as pretext for farm imports
THE Samahang Industriya ng Agrikultura (SINAG) asked the government to increase support for farmers affected by Tropical Cyclones Luis, Maymay, and Neneng, as well as the enhanced southwest monsoon (habagat). SINAG Executive Director Jayson H. Cainglet proposed support for the replanting replant and recover, including the immediate distribution of seed and fingerlings, fertilizer, and other […]
Read more →Peso may move sideways on BSP meet, Iran woes
THE PESO may trade sideways against the dollar this week ahead of the Bangko Sentral ng Pilipinas’ (BSP) policy meeting, with continued global market volatility stemming from the Middle East conflict to weigh on sentiment. On Thursday, the currency gained 14.5 centavos to close at P61.67 versus the greenback from its P61.815 finish on Wednesday, […]
Read more →Debt yields mixed on Fed, BSP policy view
YIELDS on government debt ended mixed last week as concerns over elevated inflation at home and in the United States kept rate hike bets alive, with traders also positioning before the Philippine central bank’s policy meeting on Thursday. GS yields, which move opposite to prices, inched up by an average of 0.89 basis point (bp) […]
Read more →BSP widely expected to hike rates by 25 bps
The Bangko Sentral ng Pilipinas (BSP) is widely expected to raise interest rates for a third straight meeting on Thursday as above-target inflation, a weak peso and mounting external risks outweigh concerns over a sharp slowdown in economic growth.
Read more →Budgetary support to GOCCs surges in H1
Government subsidies to state-owned corporations more than doubled in the first half of 2026, driven largely by the restoration of funds to the Philippine Health Insurance Corp. (PhilHealth).
Read more →DOE: 40 erring power firms face suspension
The government is cracking the whip on non-compliant power generation companies, with at least 40 gencos facing suspension for continuing to snub show-cause orders (SCOs).
Read more →Farm group urges priority support for local producers
The Samahang Industriya ng Agrikultura (SINAG) has called on the government to prioritize support to local producers affected by the recent storms that battered the country.
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