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
There goes dinner...
First there was the robbery along Pasay Road at a small hole-in-the-wall restaurant — at most a 10- to 12-seat, counter-style izakaya bar.
Read more →Marcos issues new policy to boost local EV manufacturing
President Ferdinand Marcos issued a new policy on Thursday, July 30 to develop local electric-vehicle manufacturing industry.
Read more →Hiraya Water, formerly PrimeWater, starts P600-million Cavite project
Hiraya Water, the former Primewater Infrastructure Corp., has invested P600 million in its water distribution system rehabilitation in Dasmariñas, Cavite.
Read more →Utilities 'may not survive' if they pay system loss charges alone — MVP
Meralco chairman Manny Pangilinan said the removal of system loss charges may affect the country's entire power industry.
Read more →BIR files P416 million tax evasion cases vs POGO, realty firms
The Bureau of Internal Revenue has filed three criminal complaints before the Department of Justice against a Philippine offshore gaming operator linked firm, a construction company and real estate sellers, with combined estimated tax liabilities amounting to P416 million.
Read more →BPI flags uncertain earnings outlook
Bank of the Philippine Islands sees an uncertain earnings outlook for the rest of the year as weaker economic conditions keep credit-loss provisions elevated, after its first-half net income slipped to P32.8 billion.
Read more →BSP rolls out new payment tools
Filipinos will soon have more ways to move money between banks and e-wallets, automate recurring bills and make higher-value business payments as the Bangko Sentral ng Pilipinas and the payments industry expand the country’s digital payment infrastructure.
Read more →Disinformation is a national problem
Fake news? No longer just a nuisance. For most Filipinos, it has evolved into a national problem, and one that demands urgent attention and action.
Read more →Five IT parks seek PEZA accreditation
The Department of Trade and Industry expects five information technology parks to benefit from President Marcos’ recent move to lift the moratorium on IT ecozone applications in Metro Manila.
Read more →For 2026: Philippine gaming revenue seen shrinking by 7%
he Philippine gaming industry is expected to contract this year as regulatory tightening, weaker consumer spending and restrictions on e-wallet access weigh on the online gambling segment, according to S&P Global Ratings.
Read more →GCash offers cashback for MRT-3, LRT-2 riders
E-wallet giant GCash is expanding its support for cashless public transportation with cashback promotions for railway commuters.
Read more →GSIS disburses P27.3 billion microloans via Ginhawa Go
State-run Government Service Insurance System has released P27.29 billion in microloans to 463,608 active government employees under its Ginhawa Go Program, seeking to provide affordable credit access and curb reliance on informal and predatory lenders.
Read more →High energy prices lift AboitizPower income
Aboitiz Power Corp. ended the first half with earnings surging to P18.4 billion, driven by higher electricity prices and additional capacity from new hydro and solar plants.
Read more →Meralco earnings surge to P26.5 billion in 6 months
Utility giant Manila Electric Co. saw its core earnings climb to over P26 billion in the first half on the back of strong results from its power generation business.
Read more →Open finance bill seeks creation of consumer data commission
A consumer data commission, to be chaired by a commissioner from the Securities and Exchange Commission, is eyed under a proposed measure seeking the mandatory use of alternative data to democratize finance.
Read more →PAL adds new Airbus jet for North America flights
Flag carrier Philippine Airlines yesterday landed the third of its nine Airbus A350-1000s, expanding its widebody fleet to support long-range flights to Canada and the US.
Read more →Philippines drives satellite growth in Asia-Pacific
The Philippines is poised to become the next big market for direct-to-device service in Asia-Pacific, with telco-to-tech giant Globe Telecom Inc. benefitting from it for being the first in the segment.
Read more →‘Slim chance’ of huge BSP rate hike lifts stocks
The local stock market bounced back as investor sentiment got a boost from the Bangko Sentral ng Pilipinas indication that there is only a small chance of it going aggressive on its policy tightening.
Read more →SONA 2026 on energy
Among the notable pronouncements of President Marcos in his State of the Nation Address 2026 last Monday related to energy are the following: (1) removal of system loss (SL) charge via EPIRA amendment, (2) power generation expansion by up to 10,000 megawatts from 200 mostly renewables projects (3) indigenous oil-gas development and (4) affirmation of nuclear energy.
Read more →Tim Ho Wan doubling store count in Taiwan
Jollibee Group’s Tim Ho Wan is rolling out an aggressive four-year growth plan that will see its store network double in Taiwan.
Read more →UA&P: GDP growth likely at 2.5% in Q2
Philippine economic growth likely slowed in the second quarter compared to the previous quarter due to inflation risks stemming from the recent wage hike, unfavorable weather conditions and renewed tensions in the Middle East, according to the University of Asia and the Pacific.
Read more →Vena Energy gets P19 billion loan for Pangasinan solar farm
Singapore’s Vena Energy has secured $310 million (about P19 billion) in financing from eight foreign lenders to advance its large-scale solar project in Pangasinan.
Read more →Yuchengcos, Zobels tap Lopez company for geothermal power exploration
Maibarara Geothermal Inc. has tapped Lopez-led ThermaPrime Drilling Corp. to explore untapped geothermal resources across Batangas and Laguna.
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