Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
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THE focus of the opening day of the National Healthy Skin Mission — a project of SM Beauty, Watsons, and Cetaphil (the skincare brand of Swiss pharmaceuticals company Galderma) at SM Makati on Aug. 7 — was the role of ceramides in skin care. Speaking at the Cetaphil Skin Mission booth set up at the […]
Read more →THE PESO may rise against the dollar this week following weak US labor data and as the market continues to monitor developments in the Middle East. On Friday, the currency declined by 8.5 centavos to close at P60.90 versus the greenback from P60.815 on Thursday, Bankers Association of the Philippines (BAP) data showed. Still, week […]
Read more →SHARES of Manila Electric Co. (Meralco) rose last week and outperformed the broader market as analysts said the company could absorb a customer refund without materially affecting its earnings or dividend payout. Meralco ranked third in value turnover on the Philippine Stock Exchange (PSE), with P835.69 million worth of 1.37 million shares changing hands in […]
Read more →AMID THE cacophony of new brands coming into the country — all eager to carve a niche for themselves in our robust auto market — Toyota has been calmly, steadily doing its own thing for decades.
Read more →SYSTEM LOSSES in the Philippine power sector are not merely a billing issue; they are a test of whether regulation disciplines inefficient operators or allows the cost of weak governance, theft, and operational neglect to be passed on to consumers.
Read more →COMPANIES seeking long-term growth must cultivate leaders who act with integrity, remain close to their employees and adapt their management approach to local cultures, women executives said at the National Retail Conference and Expo last week. Robinsons Land Corp. President Maria Socorro Isabelle V. Aragon-GoBio said young professionals should develop depth in their roles to […]
Read more →BANK of the Philippine Islands (BPI) is still deciding on the timing of a blue bond issuance it earlier planned to do this year as market conditions remain volatile. “We’re open, but no firm schedule at this time. It’s probably more likely next year than this, but that’s not a firm decision yet,” BPI Chief […]
Read more →BYD CARS PHILIPPINES again grew its portfolio of electrified offerings with the recent unveiling of a duo of affordably priced options: the all-new BYD Atto 2 SUV and the new BYD Seal 5 DM-i sedan.
Read more →MOISTURIZERS, sunscreens, and anti-aging creams are usually sold on familiar promises: to keep water in the skin, strengthen its protective barrier, protect against sun damage, or reduce visible signs of aging. These functions remain central to healthy skin.
Read more →So even in the context of the two recent developments of a minimum wage hike in National Capital Region (NCR) and our new status as an upper-middle income country, I again think of our “nanay” (mother) clients like Mary Grace and Nanay Laarni and I find myself doing the same math they are probably doing every day.
Read more →THE Philippine Economic Zone Authority (PEZA) said Gokongwei-led Universal Robina Corp. (URC) has opened a P2.75-billion manufacturing facility in Malvar, Batangas as it seeks to further expand its export-oriented operations while supporting domestic demand. In a social media post last week, PEZA said URC’s megaplant was inaugurated on July 31, aligning with the food and […]
Read more →THE AVERAGE YIELD on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities nudged higher for an eighth consecutive week as demand for the offering weakened. The 28-day BSP bills drew P35.4 billion in bids on Friday, below the P40 billion auctioned off and the P43.39 billion in tenders for the same volume offered during the […]
Read more →YIELDS on government securities (GS) traded in the secondary market ended lower last week as Philippine headline inflation came in slower than expected in July, with weak economic growth also dampening prospects of further monetary tightening. GS yields, which move opposite to prices, declined by 13.36 basis points (bps) on average week on week, based […]
Read more →CHINA BANK Savings, Inc. (CBS) has partnered with Property Company of Friends, Inc. (ProFriends) to help provide access to financing to prospective homeowners. Under the partnership, the thrift bank, through its Housing Loans Division, and ProFriends provides prospective buyers with both property options and accessible financing assistance through its various home loan options with competitive […]
Read more →On July 30, the Japanese yen staged one of its most violent reversals in decades. It had weakened to nearly 164 per dollar, its lowest level in 40 years.
Read more →The Philippine economy is now seen growing by only three to 3.9 percent this year, with analysts tempering their outlook after a sharper-than-expected second-quarter slowdown exposed persistent weakness in investment and household spending.
Read more →Consumer complaints received by the Bangko Sentral ng Pilipinas surged by nearly 73 percent in 2025 as more Filipinos turned to the BSP for help in resolving disputes with banks and other financial institutions.
Read more →The Department of Agriculture (DA) has banned the importation of animal and meat products from seven countries amid concern over the spread of foot-and-mouth disease (FMD) in the local animal industry.
Read more →The country’s fisheries production expanded to more than a million metric tons (MT) in the second quarter amid stronger output from the marine and municipal fishing subsectors, according to the Philippine Statistics Authority (PSA).
Read more →Retail tycoon Robina Gokongwei-Pe switched hats and channeled her inner “queen of talk” to ask her friend and business rival Teresita Sy-Coson or TSC a question that has probably been lingering on her mind for quite some time now: “What’s your secret to looking forever 59?”
Read more →The country’s debt service bill reached P1.23 trillion in the first semester, largely on amortization payments, the Bureau of the Treasury (BTr) reported.
Read more →South Korean coffee brand Compose Coffee has officially entered the Philippine market as the Jollibee Group opened the brand’s first store in the country.
Read more →The P5-billion Manila terminal for cruise vessels is close to breaking ground, with the Philippine Ports Authority (PPA) eyeing to firm up a lease agreement before the year ends.
Read more →Power utility giant Manila Electric Co. (Meralco) expects energy sales to pick up in the remaining months of 2026, driven by strong electricity demand amid the El Niño weather phenomenon.
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