Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
10054 articles across all sources
Shang Properties Q2 profit jumps 30% on residential sales
SHANG PROPERTIES, Inc. posted a 30.4% increase in second-quarter (Q2) attributable net income to P981.8 million, driven by higher residential sales and a stronger contribution from associates and a joint venture. Revenue for the April-to-June period rose 9.3% to P2.73 billion from P2.50 billion a year earlier. For the first six months, attributable net income […]
Read more →Arts & Culture (08/05/26)
ON Aug. 6, 5 p.m., the Instituto Cervantes in Manila will hold the talk ¿Por qué pervive la Leyenda Negra? Tres mitos (Why does the Black Legend still exist? Three myths), delivered in Spanish by anthropologist Fernando Zialcita.
Read more →Apple Pay now available in the Philippines
APPLE PAY is now live in the Philippines, enabling contactless payments via supported devices. iPhone, Apple Watch, Mac, and iPad users can now add select Philippine-issued credit and debit cards to their Apple Wallet and use them for transactions anywhere that takes contactless payments, whether it be in-store, via apps or online, Apple said in […]
Read more →The real cost of mishandling system loss
If President Ferdinand Marcos, Jr.’s intention during his State of the Nation Address (SONA) last week was to reach out to the Filipino public and speak intimately to them by addressing the gut issues keeping them awake at night, then he was successful. Latest surveys say that amid what is going on in Philippine politics […]
Read more →‘Read Between the Lines’: Olymptrade on Where Human Support Goes Beyond Scripts
“In Short: Support conversations can help reveal useful patterns that make the platform clearer and easier to use over time. AI solutions reveal patterns at scale, while human conversations uncover deeper insights. Together, they drive better UX and a smoother user experience for traders worldwide.” Customer support is often judged solely by how fast it answers […]
Read more →SC clears way for Davao Light expansion in Davao del Norte, Davao de Oro
THE Supreme Court (SC) has denied Northern Davao Electric Cooperative, Inc.’s (Nordeco) motion for reconsideration, clearing the way for Davao Light and Power Co., the distribution utility unit of Aboitiz Power Corp. (AboitizPower), to expand its operations into parts of Davao del Norte and Davao de Oro under Republic Act No. 12144. In a 16-page […]
Read more →How Corporates Navigate ESG Pressures
Corporate sustainability strategies remain firmly on the agenda in 2026, but the pace of progress is slowing. According to Morgan Stanley’s Sustainable Signals: Corporates 2026 report, over 90% of sustainability leaders report ongoing progress on strategy, yet nearly half (47%) acknowledge room for improvement, up more than ten points from 2025. The same report underscores […]
Read more →Peso slides back to P61 level on uncertainty over US-Iran talks
THE PESO slid back to the P61-a-dollar level on Tuesday on mixed news about peace talks between the United States and Iran, and as the yen slipped again a day after a joint intervention effort lifted the embattled currency. The local unit fell by 23.5 centavos to close at P61.165 versus the greenback from its […]
Read more →BSP, KasKasan Buddies partner for financial literacy
THE BANGKO SENTRAL ng Pilipinas (BSP), through its digital financial education platform PisoLit, has partnered with the one of the Philippines’ largest online communities to support its push for better financial literacy among Filipinos. Under the collaboration, the central bank will work with online financial community KasKasan Buddies to create social media content and learning […]
Read more →7 listed Philippines companies join Forbes’ Best Under $1 billion list
Seven publicly listed Philippine firms entered Forbes’ list of best Asian companies with sales of under $1 billion, showcasing their capability to sustain growth in a pressured environment.
Read more →Apple Pay debuts with 4 banks in Philippines
Apple Pay has officially debuted in the Philippines with an initial roster of four partner banks, marking the long-awaited entry of Apple’s mobile payment service into the local market.
Read more →Climate-resilient infrastructure
For those of us living in Mega Manila, we have been fortunate that in the past seven months we have been spared by at least two powerful typhoons that has instead wreaked havoc and caused major flooding in China.
Read more →DA shelves rice cap plan, rules out ban on imports
The Department of Agriculture has reversed its plan to impose another price cap on imported five percent broken rice, noting that current market prices have remained below the price ceiling.
Read more →DOF to pair tax relief program with wealth, excise taxes
The Department of Finance is preparing to cushion the fiscal blow of planned middle-class tax relief through tweaks in the excise tax on so?called sin products, fresh charges on single?use plastics and a wealth tax targeting luxury automobiles.
Read more →Government on track to hit P1.3 trillion infrastructure spending program
The government is on track to meet its P1.3-trillion infrastructure spending program this year, despite a five-month slide in public works disbursements, as it remains a key engine for the economy’s rebound, the Department of Budget and Management said.
Read more →Hot money swings to $4 billion net outflow in H1
Foreign investors pulled more money out of the Philippines than they brought in during the first half as global uncertainty, elevated oil prices and geopolitical risks drove investors toward safer dollar assets.
Read more →ICTSI profit jumps to $590 million in H1
Port giant International Container Terminal Services Inc. sailed past the first half with a $590-million profit, shrugging off shipping disruptions caused by the geopolitical conflict in the Middle East.
Read more →Maharlika to achieve P3.3 billion core profit goal this year
Maharlika Investment Corp. is banking on dividend inflows, interest income and equitized earnings from investees to deliver its P3.3-billion core net income goal for 2026, while eyeing up to P35 billion in capital deployment for investments.
Read more →Manila Water gets ready for El Niño
Manila Water Co. Inc. is looking to boost its backwash recovery system to improve water supply in the coming months in preparation for the upcoming El Niño.
Read more →Maynilad earnings up 14% in 6 months
West Zone concessionaire Maynilad Water Services, Inc. recorded a 14 percent increase in earnings in the first half of 2026, driven by improvements in its water services.
Read more →OceanaGold allots P768 million for mine rehab
Australian-Canadian mining firm OceanaGold Philippines Inc. has allocated more than P700 million for the rehabilitation of its Didipio mine in Nueva Vizcaya.
Read more →PCA, Mitsui set farm trial to boost coconut yield
The Philippine Coconut Authority has signed an agreement with Japan’s Mitsui Group to test nanotechnology for coconut farms, boosting productivity for the country’s largest agricultural export.
Read more →Petron income down to P3.8 billion on high oil prices
Elevated crude oil prices and freight costs triggered by the ongoing Middle East war dragged down Petron Corp.’s earnings in the first six months.
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