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
Inflation could hit 5.6% to 6.6% in July — BSP
Bangko Sentral ng Pilipinas said the inflation rate in July could fall within 5.6% to 6.6% range.
Read more →Aboitiz Equity Ventures Q2: Net income +40% YoY on strong AP, UBP
AEV earnings rose as stronger Aboitiz Power and UnionBank results offset infrastructure losses.
Read more →The Filipino retirement plan starts in the family group chat—and leads to the good life
In many countries, retirement planning is treated as a personal milestone. One decides where to live, how to spend the years ahead, and what kind of lifestyle to pursue.
Read more →'Saddened' DOLE chief to comply with P85 NCR wage hike suspension
Workers now wait as court halts P85 Metro wage hike
Read more →British Chamber welcomes role of ecozones in attracting investors
The fifth State of the Nation Address highlighted the role of the country’s economic zones in attracting more investments throughout the Philippines that further boost market opportunities in various sectors.
Read more →DOE forms joint task force to remove VAT, system loss charges from electricity bills
The Department of Energy has created an inter-agency Joint Task Force alongside key power sector regulators and distributors to carry out the president’s directive to eliminate system loss charges and their corresponding Value-Added Tax from monthly electric bills.
Read more →AEV profit soars in H1 on strong core businesses
Aboitiz Equity Ventures Inc., the listed holding company of the Aboitiz Group, saw its profit surge by more than half in the first semester on the back of strong performance of its power and banking business units.
Read more →Banks more cautious, but see steady lending standards in Q3
Most Philippine banks expect lending standards and loan demand to remain broadly steady in the third quarter, signaling continued stability in the financial system despite persistent geopolitical uncertainty, according to the Bangko Sentral ng Pilipinas.
Read more →DA, IPOPHL to create GI roadmap for farm products
The Department of Agriculture and the Intellectual Property Office of the Philippines are set to create a geographical indication (GI) roadmap for the country’s farm products.
Read more →Government debt climbs to record P19.1 trillion
The national government’s outstanding debt rose to a new record high of P19.07 trillion as of end-June, overshooting its year-end projection, driven by net availment of both domestic and external borrowings, the Bureau of the Treasury said.
Read more →Haus Talk investing P4.2 billion for 37-hectare Rizal township
Property developer Haus Talk Inc. is investing about P4.2 billion to develop one of its largest projects to date, a 37-hectare integrated economic township across Angono and Teresa, Rizal.
Read more →Hiraya Water starts P600 million rehab program in Dasmariñas City
Hiraya Water Corp., formerly known as PrimeWater Infrastructure Corp., has launched a P600-million capital expenditure program to rehabilitate and expand the water distribution system in Dasmariñas City in Cavite, marking the first major infrastructure rollout under its new ownership by Crystal Bridges Holdings Corp.
Read more →ICTSI secures PPA OK to extend MICT concession
Logistics giant International Container Terminal Services Inc. is maintaining its control over the country’s largest cargo infrastructure by another 25 years.
Read more →Japan power giant joins Razon, Lopez in 600-MW Wawa hydropower project
Osaka-based Kansai Electric Power Co. Inc. is making its first overseas pumped storage hydro (PSH) investment in the Philippines, joining tycoons Enrique Razon Jr. and Federico Lopez in a large-scale project in Rizal.
Read more →Major power players ink Malampaya gas supply deal
Razon-led Prime Energy is set to supply indigenous Malampaya gas to a major Batangas power plant jointly owned by tycoons Manuel V. Pangilinan, Ramon Ang and Sabin Aboitiz.
Read more →MREIT income jumps 34% in H1
MREIT Inc., the real estate investment trust of property giant Megaworld, recorded a 34-percent hike in its distributable income to P2.49 billion in the first half, fueled by its latest asset acquisition, improved portfolio occupancy and further gains in operating efficiency.
Read more →MVP: EDC could be good addition to MGEN portfolio
Years after taking control of Manila Electric Co., tycoon Manuel V. Pangilinan sees the potential value of adding another Lopez family crown jewel to his growing energy empire.
Read more →PAGCOR revenue tumbles as online gaming slows
The Philippine Amusement and Gaming Corp. saw a 26.6-percent decline in revenues in the first half, driven by weaker earnings from gaming operations, particularly the online gambling segment.
Read more →Philex sees sustained Padcal mining operations this year
Pangilinan-led Philex Mining Corp. expects to sustain operations for its Padcal mine in Benguet through the rest of the year, following the completion of rehabilitation works.
Read more →RCBC Wealth named Private Wealth Bank of the Year in Philippines
MANILA, Philippines — Rizal Commercial Banking Corp.’s Wealth Management Group has been named Private Wealth Bank of the Year in the Philippines at the 2026 Asian Banking & Finance Awards. Organized by Charlton Media Group, the Asian Banking & Finance Awards recognizes banks across Asia for excellence in performance, innovation and client service. For RCBC Wealth, the recognition reflects a year of strong growth and a continued commitment to helping clients manage, protect and grow t
Read more →Roche, Zuellig renew alliance
Roche Inc. and Zuellig Pharmaceuticals have officially renewed their long-standing warehousing and distribution partnership, marking 54 years of collaborative efforts to improve health care delivery in the country.
Read more →Rockwell cements ownership in Alabang Town Center
Lopez-owned property developer Rockwell Land Corp. has further solidified its control over Alabang Town Center (ATC) with the acquisition of additional shares worth P6.2 billion in the entity that owns and operates the 17.5-hectare development in Muntinlupa City.
Read more →State of our nation State of our nation
BBM’s fifth State of the Nation Address accurately recognized major economic anxieties like food inflation and job creation, allowing us to give him credit on problem recognition.
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