Philippines Business News

Building materials wholesale price growth in Metro Manila declines to 3-month low

WHOLESALE PRICE growth in September of construction materials in the National Capital Region (NCR) hit a three-month low,…

Davao transport modernization seen fully operational by 2028

THE Department of Transportation (DoTr) said it expects to begin the full operations of the Davao Public Transport…

Toyota puts forward new Tamaraw for PUV modernization program

TOYOTA MOTOR Philippines Corp. (TMP) said it is expanding its Next Generation Tamaraw model, positioning it as an…

Cagayan Valley targeted for ube production expansion

THE Cagayan Valley has been selected to expand ube (purple yam) production, according to the Department of Agriculture…

PHL clean-energy expansion risks oversupply, ACEN says

THE PHILIPPINES plans to expand renewable energy by 20 gigawatts (GW) via the green energy auctions (GEA) could…

Provinces guided on achieving measurable development results

THE Department of Economy, Planning, and Development (DEPDev) said it launched the Provincial Development Planning (ProvDP) Framework to…

How DBP botched Duterte-era contractor loans: lax checks, billions overdue

Meant to support the former president's Build, Build, Build drive, DBP's ICONS program instead left the bank with P4.09 billion in overdue contractor loans

Bond yields go up as market sees inflation staying elevated

THE GOVERNMENT made a partial award of its dual-tranche Treasury bond (T-bond) offering on Tuesday as the market…

Philippine demand for legacy planning grows as focus turns to wealth preservation, stability

DEMAND for legacy planning continues to grow in the Philippines as Filipinos want to ensure stability for their…

Peso slips on war fears, data

THE PESO declined slightly on Tuesday as fresh tensions in the Middle East boosted demand for the safe-haven…

NY Fed’s Williams sees one more rate hike this year, disinflation ahead

US blockade cuts Iranian crude exports to zero in October - report

Credit growth faces a slower 2027 runway – BMI

BMI expects Philippine bank lending growth to slow to 9% by end-2027 as tighter financial conditions weigh on loan demand and asset quality.

Power supply tightness supports spot prices; nuclear adds long-term growth optionality

Tight power supply could lift WESM prices in 2027, while nuclear development offers longer-term growth opportunities alongside execution and financing risks.

Banking watchdogs ramp up AI scrutiny as stability fears mount, sources say

NEW YORK/LONDON — Banking regulators are stepping up efforts to contain growing AI risks, six people familiar with…

ICTSI: Asian port congestion extending into 2027

Asian port congestion may support ICTSI pricing and ancillary revenues, but throughput constraints, operating costs and DGT's recovery remain key risks.

DOE: Visayas may face more red alerts in 2027 without sufficient backup systems

Energy officials say power barges and battery energy storage systems can address the imbalance in power supply and demand in the Visayas

Focus on 9 Filipino athletes in Dakar Youth Olympic Games

MANILA, Philippines — IT’S on to the Youth Olympic Games (YOG) in Dakar for nine young athletes aged no older than 17 seeing action in the games’ fourth edition set October 31 to November 13. “They are the future Olympians, future world champions and the Dakar YOG will provide them the platform to follow the footsteps of the Diazes and Yulos,” said Philippine Olympic Committee president Abraham “Bambol” Tolentino, referring to the country’s Olympic

Sarip seeks ‘double’ at Palawan netfest in Pagadian

MANILA, Philippines — Muhammad Keyan Sarip rides the momentum of a twin-podium finish in Dipolog as he leads a talent-laden field in the Governor’s Cup Juniors Age Group Tennis Championships, which unfolds Thursday (Oct. 15) at the Dao courts in Pagadian City, Zamboanga del Sur. The top-seeded Marawi City standout is coming off a strong showing in the Palawan Pawnshop series, capturing the boys’ 16-and-under crown and finishing runner-up in the 18-and-U division in Dipolog last

Scorching 67 propels Zaragosa to share of lead at ICTSI Pueblo de Oro

MANILA, Philippines – Under the punishing heat and amid a dizzying shuffle atop the leaderboard, Rupert Zaragosa kept his composure, closed with a flourish and surged into a share of the lead with Russel Bautista halfway lead in the ICTSI Pueblo de Oro Championship in Cagayan de Oro on Tuesday. Zaragosa produced a scorching five-under 67, putting together a solid round highlighted by timely birdies and a strong finish to erase the gap and catch Bautista at the helm at eight-under 136. Whil

Optimum Strategic Communications and Catalyst Advisors launch the official Networking Event Guide around the Jefferies Global Healthcare Conference

New guide brings together events taking place around the Jefferies Global Healthcare Conference and London Life Sciences WeekHelps attendees discover networking opportunities and plan their week from 15 - 20 November 2026Optimum and Catalyst will bring the community together for a London Landmarks 5K Run on 17 November LONDON, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Optimum Strategic Communications (Optimum), the specialist life sciences communications consultancy, and Catalyst Advisors, the partner-l

Sprite Expands Global Basketball Footprint with NBA’s Nikola Jokić and New "Never Stop Refreshing The Game" Platform

Building on its basketball partnerships announced in March, Sprite unites three-time MVP and NBA Champion Nikola Jokić with Olympic Gold Medalist and NBA superstar Anthony Edwards to lead a global movement celebrating the continuous evolution of basketball culture. MANILA, PHILIPPINES - Media OutReach Newswire - 13 October 2026 - Today, Sprite officially unveils its new global platform, "Never Stop Refreshing the Game," with the addition of three-time NBA MVP Nikola Jokić to its global basketbal

CEIBS Global EMBA ranks second worldwide for seventh consecutive year in 2026 FT ranking

HONG KONG SAR - Media OutReach Newswire - 13 October 2026 - The Global EMBA programme at China Europe International Business School (CEIBS) has ranked second worldwide and first on the Chinese mainland in the Financial Times (FT) 2026 ranking of the world's top 100 Executive MBA programmes. It is the only EMBA programme globally to have ranked among the world's top two every year since 2020. The result also marks the fifth consecutive year CEIBS has ranked first among EMBA programmes delivered b

BingX Launches U.S. Stock Trading Through Alpaca, Offering Multi-Asset Access to 7,000+ U.S. Stocks and ETFs

PANAMA CITY, Oct. 13, 2026 /PRNewswire/ -- BingX, the world's leading multi-asset trading platform, today launched U.S. stock trading through an integration with Alpaca, a global provider of brokerage infrastructure and APIs. The new offering gives eligible users access to more than 7,000 U.S. stocks and exchange-traded funds (ETFs), expanding the range of traditional financial assets available on BingX and advancing its multi-asset strategy. BingX Launches U.S. Stock Trading Through Alpaca, Off