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
Uniqlo dresses up for Philippine expansion
Japanese retail giant Uniqlo remains confident in the Philippine market and plans to continue expanding through new store openings despite high fuel and commodity prices.
Read more →Your time is up: Boardroom independence gets fresh start
Several of the country’s sought-after independent directors have lost their posts after the Securities and Exchange Commission (SEC) decided that their time was up.
Read more →ERC orders Meralco to return P9.5 billion to customers
Meralco customers set for six-month refund after overcollections.
Read more →At Sheraton Cebu: Wellness heals people – and the planet
When Thel Abiera was a young boy of around six or seven years old, his grandmother, who was suffering from an ailment affecting her cervix, taught him to caress her lower back while dabbing it with an ointment she concocted herself – manzanilla or chamomile-infused oil and camphor-based alcamporado.
Read more →Business group backs Pax Silica initiative
Business group Management Association of the Philippines expressed support for the Pax Silica initiative, which is expected to open the economic opportunities for the country, but cited the need for safeguards to ensure it protects national interest, the environment and creates local quality jobs.
Read more →BYD Cars Philippines sees continued growth in electrified vehicles
BYD Cars Philippines Inc. expects to see continued growth in electrified vehicles in the country, but noted that government support is needed forfaster charging infrastructure rollout.
Read more →FTAs seen driving Philippines, India trade to $10 billion
Bilateral trade between India and the Philippines could hit $10 billion in the next five to six years through opportunities from free trade agreements.
Read more →Group defends e-wallets’ P10 transfer fees
The country’s umbrella group for digital banks has defended members that opted to keep transfer fees of at least P10, even as almost all other banks reduced theirs to zero.
Read more →GSIS net income rises to P94.75 billion in H1
The Government Service Insurance System saw its net income rise by 27.8 percent to P94.75 billion in the first six months, setting it on track to remain financially sustainable until 2058.
Read more →International body recognizes Sustainable Development Goals metrics of Benilde
The 2026 Times Higher Education Sustainability Impact Ratings has ranked De La Salle-College of Saint Benilde across all 17 United Nations’ Sustainable Development Goals.
Read more →Maynilad nears completion of P5.8 billion pipeline project
Maynilad Water Services Inc. is nearing completion of its P5.8-billion pipeline project, allowing improved distribution for customers in the southern part of its concession area.
Read more →Not power but pressure
I have quoted Lord Acton for years, and you probably have as well. “Power tends to corrupt, and absolute power corrupts absolutely.”
Read more →P7.2 trillion budget undergoes tough scrutiny, says DBM
The Marcos administration’s P7.2?trillion national budget for 2027 has undergone rigorous scrutiny, with officials insisting it is no “wish list” as the Department of Budget and Management prepares to submit the spending plan to Congress before Aug. 14.
Read more →Bank loan growth eases to 4-month low in June
Credit growth slowed sharply in June as businesses and households turned more cautious about taking on new debt amid lingering economic uncertainties.
Read more →Businesses shake off pessimism in June
Business confidence recovered to neutral territory in June after three straight months of pessimism, as lower energy costs and stronger consumer spending improved firms’ outlook, according to the Bangko Sentral ng Pilipinas.
Read more →Charo Santos-Concio likely returning to ABS-CBN boardroom
Veteran producer Maria Rosario “Charo” Santos-Concio is up for election again as board director of media giant ABS-CBN Corp., hoping she can help turn the company around.
Read more →DoubleDragon eyes REIT listing in Singapore
DoubleDragon Corp., the listed company chaired by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, intends to join Singapore’s real estate investment trust (REIT) landscape with the listing of a SGD 300-million company.
Read more →‘Inflation to remain well above target’
Inflation could either ease or accelerate in July from the previous month, but is expected to remain well above the government’s target as elevated fuel and electricity costs and a weaker peso continue to put pressure on consumer prices.
Read more →Metrobank H1 profit inches up to P24.9 billion
Metropolitan Bank and Trust Co. (Metrobank) saw its earnings remain broadly steady in the first half as stronger interest income was partly offset by weaker trading gains and higher provisions for potential credit losses.
Read more →MGEN commits P20.3 million for community programs
Meralco PowerGen Corp. and One Meralco Foundation have formalized a P20.3-million commitment to support community development programs across Luzon and Visayas.
Read more →Pag-IBIG bags COA’s highest audit opinion for 14th straight year
The Home Development Mutual Fund, commonly known as the Pag-IBIG Fund, received the highest evaluation granted by the Commission on Audit for its financial statements.
Read more →Purpose curiosity and AI
At many commencement ceremonies in the United States this year, speakers who mentioned artificial intelligence were met with boos from some graduates.
Read more →Same old story
It’s the same old sob story – Filipino rice farmers receiving very low prices for their palay despite the high cost of production on one end and rice consumers paying high retail prices for this staple on the other.
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