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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

1481 articles from PhilStar Business

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PhilStar Business

Price Tracker: Oil, fuel monitor for August 4-10

A few centavo rollback takes effect this week.

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PhilStar Business

AI was just the beginning. Enterprise transformation is the real journey.

Over the past year, I’ve spoken with business leaders across boardrooms, government agencies and industry conferences.

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PhilStar Business

Factories crank up production in July

The Philippine manufacturing sector expanded at its fastest pace in five months in July amid stronger demand.

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PhilStar Business

Farmer groups seek 30% safeguard duty on imported rice

Farmer groups yesterday asked the government to impose a 30-percent safeguard duty on imported rice, as local producers continue to be impacted by surging rice imports.

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PhilStar Business

Honda sees 13% growth in Philippines motorcycle sales

Motorcycle manufacturer Honda Philippines Inc. is aiming to post a 13 percent growth in sales this year amid strong demand for practical transport options.

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PhilStar Business

Jollibee eats way into American hearts

Asian food conglomerate Jollibee Foods Corp. continues to reinforce its footprint in North America with more store openings for its flagship brand.

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PhilStar Business

Peso returns to 60: $1 level

The peso strengthened back to the 60-per-dollar level yesterday, posting its strongest close in more than a month as easing geopolitical tensions in the Middle East dampened demand for the greenback.

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PhilStar Business

Smart regains footing, ties Dito as best Philippines telco

Wireless giant Smart Communications Inc. has retrieved its crown as the country’s leading telco, edging its competitors across all experience factors – from online gaming to video streaming.

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PhilStar Business

SMC crowned ‘stock market champion’

San Miguel Corp. now has a new moniker after Philippine Stock Exchange Inc. president and CEO Ramon Monzon crowned the diversified conglomerate as a “stock market champion.”

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PhilStar Business

Stocks soar on investor optimism

The local stock market opened the week on a strong note, supported by optimism ahead of key macroeconomic data releases.

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PhilStar Business

The how and why of praising complete strangers

I’m now enjoying a new hobby on social media.

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PhilStar Business

World Bank lowers Philippines growth outlook

The World Bank kept its Philippine economic growth forecast for the year, but lowered the projections for next year and 2028 amid an uncertain global environment.

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PhilStar Business

Fuel prices to roll back after 2 weeks of increases

Pump prices dip, but LPG and fare tensions rise.

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PhilStar Business

'Legal snatching': Labor groups ask court to lift halt order on NCR wage hike

The halt order kept the daily minimum wage at P695 instead of P755.

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PhilStar Business

TNVS riders, drivers may claim benefits from SSS-linked program

DOLE says qualified riders can seek income and medical aid for work injuries.

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PhilStar Business

Cautious trading ahead of inflation, GDP data

Cautious trading is seen prevailing this week as investors keep an eye on upcoming key macroeconomic data releases.

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PhilStar Business

Customs exceeds July target

The Bureau of Customs (BOC) collected roughly P85.77 billion last month, exceeding its July collection goal by P3.77 billion amid tighter assessment and as ports heeded the agency’s order to improve performance.

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PhilStar Business

Economists see steady inflation

Inflation likely held steady in July as higher fuel, electricity and food costs were slightly offset by lower rice and other food prices, economists said.

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PhilStar Business

FFCCCII urges government to act on economy

Even after President Marcos’ 5th State of the Nation Address last week that focused on key economic concerns of the business sector, the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) continues to express concern about wages, a deteriorating peso-dollar higher exchange rate that is making imports for agricultural inputs more expensive, higher oil prices, expensive energy cost and the lack of investments.

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PhilStar Business

Government wants higher renewable energy charges for 2027

Consumers may face higher renewable energy charges on their power bills as the National Transmission Corp. (TransCo) seeks to raise the feed-in tariff allowance (FIT-All) next year.

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PhilStar Business

HashMicro launches new AI operating system

HashMicro, a leading enterprise software provider in the Asia-Pacific region, has officially launched Hashy OS, an AI Operating System designed to help organizations seamlessly integrate AI into their daily operations through a unified digital workspace.

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PhilStar Business

PXP woos foreign partners for oil, gas exploration

PXP Energy Corp. is seeking foreign investments to pursue new upstream oil and gas opportunities beyond areas covered by the West Philippine Sea exploration ban.

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PhilStar Business

System loss charge

This big controversy over the system loss that power distribution utility companies are allowed to pass on to their customers reminds me of the many discussions we had on the issue during the old days at the Ministry of Energy.

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PhilStar Business

Telcos link up for $500 million national undersea cable project

Connectivity giants PLDT Inc., Globe Telecom Inc. and Converge ICT Solutions Inc. are setting aside competition for a $500-million project to connect all islands to broadband service through undersea cable.

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