Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
2342 articles from BusinessWorld
A showcase of original Pinoy music through theater
IT HAS BEEN 30 years or so since the 1990s, to the dismay of older millennials who must contend with the cruel passage of time and the what-ifs that go with it.
Read more →Vista Land eyes year-end deal for Mandaluyong, Mindanao mall sales
VISTA LAND & Lifescapes, Inc. (VLL) said talks to sell two non-core malls in Mandaluyong and Southern Philippines are progressing, with a deal considered likely by the end of 2026, while the expected release of its audited 2025 financial statements has been pushed back to the end of September, according to credit research firm CreditSights. […]
Read more →House of Investments says insurance, schools drove 2025 earnings
YUCHENGCO-LED House of Investments, Inc. (HI) said its financial services and school businesses accounted for most of its earnings in 2025, as the listed holding company outlined plans to increase recurring income across its portfolio. In a statement on Monday following its 2026 annual stockholders’ meeting, HI said consolidated net income rose 27% to P3.6 […]
Read more →Entertainment News (09/15/26)
THE Film Academy of the Philippines (FAP) has officially selected Filipiñana, directed by Rafael Manuel, as the Philippines’ entry for Best International Feature Film at the 99th Academy Awards.
Read more →Corporate Social Responsibility: The myth and the reality
The country today is experiencing a crisis arising from the gross inequality in the distribution of income and wealth, and the inaccessibility of economic opportunities to a large segment of the population that is mired in poverty. To be sure, the Philippine Statistics Authority (PSA) reports that the distribution of income in the country has […]
Read more →Aboitiz Construction, ACCIONA form facilities management JV
ABOITIZ Construction, Inc. has formed a joint venture (JV) with Spanish infrastructure company ACCIONA S.A. to provide integrated facilities management services to companies in the pharmaceutical, industrial, corporate, and transport sectors in the Philippines. In a statement on Monday, Aboitiz Construction said the joint venture, ACCIONA Facility Management Philippines, has been launched to provide maintenance […]
Read more →Damosa targets 2-3 years to finish Davao socialized housing project
DAMOSA Land, Inc. (DLI) is targeting completion of its multi-building socialized housing project in Davao City within two to three years, with land development now under way. “[We’re] planning to build 13 to 14 buildings [of the socialized housing project] in phases, with the first three or four buildings constructed for compliance requirements,” Damosa Land […]
Read more →Why developers still build socialized housing despite limited profitability
PROPERTY DEVELOPERS continue to build socialized housing even as government price ceilings limit how much they can earn from the segment, with analysts pointing to regulatory requirements and lower-cost development models as reasons the projects remain part of their portfolios.
Read more →When a P100-billion surplus isn’t really a P100-billion surplus
Here is a deceptively simple question: When is a P100-billion revenue surplus not really P100 billion of additional fiscal space? When it is a surplus in one revenue stream while the Government’s overall fiscal position has not improved. This matters because of the way Unprogrammed Appropriations (UA) had been activated in the past. Under the […]
Read more →T-bill rates climb further as oil surge fans inflation concerns
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday, even as yields continued to climb due to growing inflation worries following a surge in global oil prices and a weakening peso amid the Middle East conflict. The Bureau of the Treasury (BTr) raised the planned P42 billion from the […]
Read more →Monetary operations mop up P975 billion in excess liquidity — BSP
THE BANGKO SENTRAL ng Pilipinas (BSP) has mopped up under P1 trillion in excess money supply from its monetary operations as of mid-August, according to its latest monetary policy report. In its Monetary Policy Report for August 2026, the BSP said its monetary operations absorbed P975.4 billion in liquidity as of Aug. 19. “The BSP’s […]
Read more →Ayala Land unit to invest P1B in Market! Market! upgrade
STATION Square East Commercial Corp. (SSECC), an Ayala Land, Inc.-led company, will invest P1 billion to modernize Market! Market! in Bonifacio Global City (BGC) under a finalized 12-year and seven-month lease extension with the Bases Conversion and Development Authority (BCDA), the parties said on Monday. Under the agreement, SSECC will continue operating Market! Market! for […]
Read more →BIR removes system-loss VAT from power bills
THE Bureau of Internal Revenue (BIR) said it removed the value-added tax (VAT) charge on system losses from power bills. The BIR issued Revenue Memorandum Circular (RMC) No. 97-2026 on Monday, identifying the allowable system loss charge as a government-mandated pass-through cost that does not form part of the gross sales of generation companies, the […]
Read more →More solicited airport PPPs being explored
THE GOVERNMENT plans to solicit from the private sector more airport development projects in support of the Department of Transportation’s (DoTr) plans to upgrade the country’s regional gateways, the Public-Private Partnership (PPP) Center said. “The government in general is looking at doing more solicited projects for airports moving forward. Given the experience that the government […]
Read more →Ube export freeze seen as opportunity to build scale for commercial cultivation
THE Department of Agriculture’s (DA) decision to suspend exports of fresh purple yam (ube) indefinitely serves as an opportunity to develop sufficient scale in the supply of planting materials to enable commercial cultivation of the in-demand crop, industry officials said.
Read more →Foreign debt service bill hits $7.298B in 1st half
THE foreign debt service bill rose 3.02% year on year to $7.298 billion in the first half due to increased principal payments, the Bangko Sentral ng Pilipinas (BSP) said, citing preliminary data. Debt service payments in June rose 17.56% compared to May. The debt service burden represents principal and interest payments after rescheduling, according to […]
Read more →Access to AI tools deemed insufficient if students lack problem-solving skills
STUDENTS will need more than artificial intelligence (AI) literacy to remain competitive in the workforce, with schools urged to pair fluency in technology with critical thinking, problem-solving, and other human skills, business organizations said.
Read more →Tarlac FMRs advance to bidding stage
THE Department of Agriculture (DA) said it signed a memorandum of agreement with the Department of Public Works and Highways (DPWH) covering four farm-to-market road (FMR) projects in Concepcion, Tarlac worth P71.52 million and with a combined length of 5.43 kilometers, advancing them to the auction stage. The projects include the paving of roads in […]
Read more →Marcos discusses long-term rice supply contract with Vietnamese counterpart
PRESIDENT Ferdinand R. Marcos, Jr. said the Philippines is pursuing a long-term rice supply contract with Vietnam as the government seeks to contain food prices amid disruptions in global oil and commodity markets caused by the conflict in the Middle East. Mr. Marcos said he discussed the proposed arrangement with Vietnam’s president, To Lam, during […]
Read more →Sept. inflation estimated at 6.5% driven by oil prices
HEADLINE INFLATION could accelerate to 6.5% in September amid elevated oil prices, a weak peso and weather-related supply pressures, strengthening the case for another 25-basis-point (bp) rate hike by the central bank in October, Union Bank of the Philippines, Inc. (UnionBank) said. “With higher oil and non-oil import costs sustaining cost pass-through pressures, inflation is […]
Read more →Most World Bank energy-transition funding tagged as climate finance
THREE-FOURTHS of the World Bank’s $1-billion financing for the Philippines’ energy transition and climate resilience program has been classified as climate finance, the bank said. Of the total financing for the Philippines Second Energy Transition and Climate Resilience Development Policy Loan (DPL), $750 million was tagged as climate finance, according to documents posted on the […]
Read more →Sangley airport economic impact estimated at P500 billion by DTI
THE Department of Trade and Industry (DTI) said the planned development of Sangley Point International Airport (SPIA) in Cavite is expected to generate over P150 billion in direct investment, with the indirect economic impact pegged at P500 billion. In a statement on Monday, it said Indian infrastructure company GMR Group has renewed its interest in […]
Read more →Pax Silica backers urged to tap alternative energy, water sources
PROPONENTS of the Pax Silica project in New Clark City, Tarlac, should develop independent sources of energy to support the semiconductor and artificial intelligence (AI) operations being planned there, agriculture-industry commentators said
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