Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
2358 articles from BusinessWorld
Diesel price rise to top P2/liter
MOTORISTS will continue to feel the impact of the turmoil in the Middle East, with diesel prices set to rise again by over P2 per liter, the Department of Energy (DoE) said. In an advisory on Monday, the DoE, which was given the authority to guide fuel prices during the energy emergency, said gasoline prices […]
Read more →Mining EO seen unlocking processing investment
EXECUTIVE ORDER (EO) 122, which established the National Policy Framework for Developing the Critical Minerals Industry, is expected to accelerate investment and exploration in mining by focusing on higher-value processing, miners and regulators said.
Read more →BCDA, StB GigaFactory to explore developing RE in New Clark City
THE Bases Conversion and Development Authority (BCDA) said it signed a memorandum of understanding (MoU) with StB GigaFactory, Inc. to deploy renewable energy (RE) solutions inside New Clark City. In a statement on Monday, the BCDA said StB GigaFactory will advance RE generation, energy storage systems, and e-mobility solutions across New Clark City and other […]
Read more →DigiPlus expands digital entertainment ecosystem with ArenaSocial and ArenaSocial Arcade
DigiPlus Interactive Corp. is expanding its digital entertainment ecosystem with the launch of ArenaSocial Arcade, a new game suite within ArenaSocial, its free-to-play social game entertainment platform designed to make interactive experiences more accessible, social, and engaging for a wider audience. The continued development of ArenaSocial, including the launch of ArenaSocial Arcade, marks another step […]
Read more →Saudel reaches near-Super Typhoon category, to enter PAR Monday afternoon — PAGASA
Saudel (international name) has reached the near-Super Typhoon category as it is bound to enter the Philippine Area of Responsibility (PAR) on Monday afternoon, according to the state weather bureau. “This tropical cyclone is currently at near-Super Typhoon category and further intensification into a Super Typhoon prior to entry or while within PAR is not […]
Read more →Potential Super Typhoon Saudel to enter PAR on Monday; enhanced southwest monsoon to drench Luzon — PAGASA
Typhoon Saudel (international name) will enter the Philippine Area of Responsibility (PAR) on Monday and then develop into a super typhoon, as the enhanced southwest monsoon brings rains over Luzon, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). “Typhoon Saudel is expected to enter PAR this morning or afternoon,” PAGASA weather specialist […]
Read more →VP: Filipino language must keep pace with AI
VICE-PRESIDENT (VP) Sara Duterte-Carpio on Sunday urged Filipinos to ensure that the national language keeps pace with artificial intelligence (AI) and other technological advances, saying it should remain a tool for knowledge and digital innovation. “As we enter the era of modern technology, let us ensure that our national language is not left behind but […]
Read more →Poll: BSP to hike rates by 25 bps anew
PERSISTENT inflation pressures may warrant a third straight rate hike from the Bangko Sentral ng Pilipinas (BSP) this week, even as economic growth remains tepid, analysts said.
Read more →Philippines needs broader growth base to withstand shocks, say economists
THE Philippines must strengthen its productive capabilities and diversify an economy still heavily reliant on consumption and services to become more resilient to external shocks and advance toward high-income status, economists said.
Read more →Widening BoP deficit, dwindling reserves raise red flags for Philippines’ external position
THE Philippines’ external position may be in peril if its balance of payments (BoP) deficit persists and dollar reserves continue to shrink, GlobalSource Partners said. GlobalSource Partners Country Analyst Diwa C. Guinigundo said the Philippines needs to diversify the country’s foreign currency revenue streams to ensure it can weather global shocks. “The bigger issue is […]
Read more →Raslag eyes 2028 start for biggest solar project
LISTED renewable energy developer Raslag Corp. will develop the two phases of its biggest solar project simultaneously as it targets commercial operations by 2028, with the project’s scale posing a financing challenge for the company. “Because of the permitting and everything, it’s better just to do it at one shot. But it poses a challenge […]
Read more →Indonesia’s TransNusa seeks PHL flight permit
INDONESIA’S TransNusa is seeking regulatory approval to operate scheduled international flights to and from the Philippines, according to the Civil Aeronautics Board (CAB). In a notice of hearing dated July 29, the CAB said PT TransNusa Aviation Mandiri had filed a petition for the issuance of a foreign air carrier’s permit to operate scheduled international […]
Read more →Goldilocks eyes up to 100 new stores this year
GOLDILOCKS Bakeshop, Inc., part of the SM Group, is looking to add as many as 100 stores to its Philippine network this year, with its domestic store count expected to approach 1,100 by yearend. “We typically explore opening close to 100 stores per year. But of course, not all of them become executable. So the […]
Read more →CCC, National Youth Commission pilot program to empower young leaders towards transformative climate action
The Climate Change Commission (CCC), in collaboration with the National Youth Commission (NYC), partnered with selected higher education institutions (HEIs) to pilot the Youth Climate Leadership Accelerator Project (Youth CLAP), providing participating students with opportunities to strengthen their climate knowledge, develop leadership skills, and explore practical ways to contribute to a more transformative climate action. […]
Read more →‘Rolling lab’ heads to BRC
LAST WEEKEND, the Toyota Gazoo Racing (TGR) Philippine Cup made its first-ever stop at the Batangas Racing Circuit (BRC). While the facility is smaller compared to the usual haunt of the grassroots race series, the Clark International Speedway, the BRC is considered a more difficult course.
Read more →Chic babies
FASHIONABLE PARENTS now have more options to match with their kids: Kids Around, a French brand, is now in the Philippines. At the Greenbelt 5 store opening on Aug. 11, BusinessWorld saw luxury children’s outfits from Boss, Chloe, the Kids Around brand itself, Givenchy, and Kenzo Kids. The look of the store is a little […]
Read more →InstaPay, PESONet transfers hit P19.16 trillion amid fee waivers
DIGITAL PAYMENTS continued to grow, with recent transfer fee waivers driving transaction volumes in InstaPay and PESONet to more than double as of July, Bangko Sentral ng Pilipinas (BSP) data showed. In the first seven months of the year, the combined value of InstaPay and PESONet transfers amounted to P19.162 trillion, up 44.82% from the […]
Read more →First Gen falls after parent rejects KKR offer
SHARES of Lopez-led First Gen Corp. (FGEN) fell last week as investors took profits after parent First Philippine Holdings Corp. (FPH) rejected a proposal from global investment firm Kohlberg Kravis Roberts & Co. L.P. (KKR) to acquire part of its stake and launch a tender offer for the power producer’s public float. Philippine Stock Exchange […]
Read more →Single-Digit Poverty: Historic milestone, or a trick of the ruler?
A data reality-check on the government’s poverty numbers When the Philippine Statistics Authority (PSA) announced that poverty incidence had fallen to 9.7% in 2025 — the first single-digit reading in the country’s history — the government understandably claimed victory. But layer that headline against the labor market, inflation, and regional data sitting right beside it, […]
Read more →BatStateU opens country’s first Industry-Based Learning engineering campus at LIMA Estate
Batangas State University-The National Engineering University (BatStateU The NEU) formally opened its LIMA Campus on Aug. 17, welcoming over 800 inaugural engineering and technology students to the country’s first campus built around an Industry-Based Learning (IBL) model. Unlike traditional engineering programs that defer practical application to senior-year internships, BatStateU’s IBL framework embeds industry exposure into the […]
Read more →FedEx, JA Philippines name student finalists for regional trade competition in Singapore
Six secondary school students across three teams have been selected to represent the Philippines at the Asia-Pacific regional finals of the 2026 FedEx / Junior Achievement International Trade Challenge (FedEx / JA ITC) in Singapore this August. Now in its 17th year in the country, the program — co-organized by Federal Express Corp. (FedEx) and nonprofit organization […]
Read more →Car Shopping 101
AND SO I COME full circle. Those of you who read the byline, find it familiar but are quite confused, you’ve probably been following the motoring world for quite some time now.
Read more →CLI nears 50,000 homes as regional projects earn top honors
CEBU LANDMASTERS, INC. (CLI) is approaching 50,000 homes, its chief executive officer said after the Visayas-Mindanao developer was named Best Developer at the 14th PropertyGuru Philippines Property Awards. “This is to honor my father (Jose Soberano III). He started CLI [back then] with 200 houses in 2004. We’re now approaching 50,000 houses in a few […]
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