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🇵🇭 Local Market Intelligence

Philippines Business News

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

10036 articles across all sources

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BusinessWorld

Philippines aims to cut oil dependence by 50% by 2040

THE PHILIPPINES is aiming to halve its dependence on oil by 2040 as part of efforts to reduce reliance on imported fuel, a top Department of Energy (DoE) official said.

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BusinessWorld

Pangilinan signs deal to acquire P2.19-B Meralco stake from San Miguel unit

MANUEL V. PANGILINAN, chairman and chief executive officer of Manila Electric Co. (Meralco), has signed an agreement to…

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BusinessWorld

SMPC warns coal bid rules could disrupt Semirara production

CONSUNJI-LED Semirara Mining and Power Corp. (SMPC) warned on Wednesday that the bidding rules used for the government’s…

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BusinessWorld

Mynt IPO seen drawing strong local demand

DEMAND from local investors for Mynt, Inc.’s initial public offering (IPO) has been strong, with orders from major…

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BusinessWorld

SSI Group to open dedicated On stores under PHL distribution deal

SSI GROUP, Inc. has partnered with Swiss sportswear brand On to handle its wholesale and retail distribution in…

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BusinessWorld

BPOs seek lower-cost provincial hubs as NCR wages rise — PRIME

BUSINESS process outsourcing (BPO) firms are expanding into provincial cities in the Visayas and Mindanao as rising labor…

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BusinessWorld

Manila Water completes P5.7-billion submarine pipeline for East Bay project

EAST ZONE concessionaire Manila Water Co., Inc. said it has completed a P5.7-billion submarine transmission system that will…

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BusinessWorld

F&B seen driving nearly half of Metro Manila retail take-up through 2028 — Colliers

FOOD and beverage (F&B) tenants are expected to account for nearly half of Metro Manila retail space absorption…

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BusinessWorld

Aboitiz group expands AI, cybersecurity skills development

ABOITIZ GROUP is expanding workforce training in artificial intelligence (AI), cybersecurity, and other emerging technologies as it increases…

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BusinessWorld

August unemployment rate rises to 5.3%

THE PHILIPPINES’ unemployment rate rose to 5.3% in August from 3.9% a year earlier, leaving 2.77 million Filipinos…

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BusinessWorld

ADB weighs $300-M initial package for MRT-4

THE Asian Development Bank (ADB) is considering a $300-million financing package for the first tranche of the Metro…

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BusinessWorld

AI infra emerging as key driver of global trade — DHL Express

THE artificial intelligence (AI) boom has become a key driver of global trade, with the infrastructure needed to build out such systems ultimately requiring a logistics solution, DHL Express said in its latest Globalization Tracker.

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BusinessWorld

Factory output growth hits over four-year high of 11.8% in August

FACTORY OUTPUT grew at its fastest pace in more than four years in August, driven by stronger production…

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BusinessWorld

Investments eligible for green lane hit P455 billion at end of September

PROJECTS approved for green lane treatment amounted to P455.61 billion at the end of September, the Board of…

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BusinessWorld

Subdivision industry bats for uniform land transfer rules after DoJ opinion

THE Subdivision and Housing Developers Association, Inc. (SHDA) urged government agencies to harmonize the land transfer rules to…

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BusinessWorld

Plastic Bank seeks more tie-ups to collect waste in Philippines

PLASTIC BANK, a Canadian social enterprise with a bottle deposit program, is seeking to partner with more Philippine…

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BusinessWorld Economy

WB sees tough regional competition for data centers

THE Philippines faces strong regional competition for artificial intelligence (AI)-focused data-center investments, with the World Bank (WB) singling…

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BusinessWorld Economy

NGCP lining up more power reserve deals for Visayas

THE National Grid Corp. of the Philippines (NGCP) is seeking to sign more power reserve deals to comply…

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BusinessWorld Economy

PHL deemed among top regional choices for VC, but tiny fraction goes to women-led firms

THE PHILIPPINES is viewed as an attractive venture capital (VC) destination in Southeast Asia, but very little funding…

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BusinessWorld Economy

Malaysia hoping to sustain palm oil export growth to PHL after shipments top 700,000 metric tons

KUALA LUMPUR — Malaysia is hoping to grow its palm oil exports to the Philippines even in the face of growing domestic production in its Southeast Asian neighbor, the Malaysian Palm Oil Council (MPOC) said.

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BusinessWorld Economy

Poorest 30% households experienced 23.6% rice inflation in September

RICE INFLATION for the bottom 30% income segment of households hit 23.6% in September, from 22.5% a month…

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BusinessWorld Economy

PHL, South Korea negotiating deals for carbon market cooperation

THE PHILIPPINES and South Korea are negotiating two cooperation agreements involving joint work on carbon market mechanisms, the…

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BusinessWorld Economy

Reinventing Philippine business for growth

On Sept. 8, PwC Philippines and the Management Association of the Philippines launched their annual CEO survey, which…

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Rappler Business

Anyare? Villars’ AllHome, AllDay confirm store closures

From a peak of 72 stores two years ago, AllHome is down to 34 stores, while the store count of AllDay drops from 40 to 13, as of September 2026

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