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Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
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PhilStar Business
Ayala Malls expands solar installations
Ayala Malls is rolling out rooftop solar installations across more shopping centers to accelerate its shift to renewable energy.
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Bargain hunting helps market snap losing streak
The local stock market snapped its five-day slump ahead of the country’s September inflation announcement, with investors capitalizing on bargain stocks.
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BSP flags crypto anonymity risks, backs strict oversight
The Bangko Sentral ng Pilipinas is pushing for tight oversight of cryptocurrency transactions, warning that transfers outside regulated channels can make it difficult for authorities to identify the people behind them.
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‘BSP should avoid rate hikes to defend peso’
The Bangko Sentral ng Pilipinas should avoid using interest rate hikes primarily to defend the peso and instead keep monetary policy focused on inflation, according to Manulife Investments Philippines, as elevated US yields and broad dollar strength continue to pressure the local currency.
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Casino Plus taps Peter & Sons for gaming content
Casino Plus has entered into a strategic content partnership with acclaimed international game studio Peter & Sons, expanding its mobile-driven gaming ecosystem with distinctive global content.
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Converge’s subsea cables spare Filipinos from internet outage
Broadband provider Converge ICT Solutions Inc. found an immediate return on investment in its new subsea cable to Singapore when it spared subscribers from internet disruption over the weekend.
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Feasibility study readied for Manila cruise port
The government’s plan to build a P5-billion cruise port in Manila is starting to take shape, with the project now moving to the feasibility study stage.
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FILRT appoints Joseph Yap as president
Filinvest REIT Corp., the real estate investment trust arm of the Gotianun family’s Filinvest Land Inc., will undergo a leadership transition as its president and CEO, Maricel Brion-Lirio, retires.
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GCash is going public. But it already belongs to the public
GCash is going public. In one important sense, however, it went public years ago; not because Filipinos owned its shares, but because Filipinos began depending on it.
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Ignite Power open to Socoteco 2 deal safeguards
Ignite Power is open to an anti-dilution provision in its proposed deal with South Cotabato II Electric Cooperative to protect the utility’s board representation and voting rights.
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Infrastructure spending eases to P89.6 billion in July
The government’s infrastructure expenditures remained sluggish in July as lower disbursements by the Department of Public Works and Highways continued to weigh on spending, although the contraction tapered off.
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Meralco energy sales accelerate in 8 months
Power utility giant Manila Electric Co. saw electricity sales notch higher in the first eight months as sustained energization continued to expand its customer base.
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Philippines secures ADB assistance to combat financial crimes
The Philippines has secured a technical assistance package from the Asian Development Bank to strengthen the country’s defenses against financial crimes, according to the Department of Finance.
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‘Property developers cut capex as housing glut weighs on sales’
Philippine property developers are scaling back spending and shifting more capital toward income-generating assets as elevated housing inventories, higher interest rates and weaker purchasing power continue to weigh on residential sales, according to S&P Global Ratings.
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Singlife Philippines names Allen Reyes as CEO
Singlife Philippines Inc. has appointed Allen Reyes as its new CEO, the digital life insurer announced yesterday.
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SM Prime records over 1 million visitors across live venues
SM Prime Holdings Inc. has sustained robust demand across its major live entertainment venues, with over one million visitors welcomed from January to August.
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The waiting room: Grassroots innovation vs systemic waste
Many times, I’ve encountered situations that are naturally funny, but in truth are downright stupendous, like a stranger’s clumsy fall due to a wet floor courtesy of a diaper-less pet dog inside a shopping mall.
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USDA sees slower sales for Philippines food, beverages
The Philippines’ food and beverage retail sales are expected to grow at a slower pace this year due to rising costs and slower consumer spending, according to the US Department of Agriculture.
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TopLine Credit Union Foundation Awards $47,500 in Scholarships
The foundation assists students with costs of higher education locally and globally TopLine Credit Union Foundation Awards $47,500 In Scholarships The foundation assists students with costs of higher education locally and globally MAPLE GROVE, Minn., Oct. 05, 2026 (GLOBE NEWSWIRE) -- In its 12th year, TopLine Credit Union Foundation has awarded a total of $41,500 in scholarship money to 46 TopLine members who are continuing their education, and $1,500 in scholarship funds to support post-seconda
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DRIVE TO THE NEXT VIBE: OMODA & JAECOO Responds to Global Young People's Expectations for Car Life with a Grand Event
WUHU, China, Oct. 05, 2026 (GLOBE NEWSWIRE) -- In an era of hyper-connectivity, what does a car really mean? Just a means of transport or a cold mobile terminal? For the global young generation, these old definitions are outdated. What they crave is a companion that resonates, liberates, and truly "gets" them. OMODA & JAECOO's upcoming International User Summit will present a new proposition for the times: "DRIVE TO THE NEXT VIBE". This is more than a slogan. It is a complete reinvention of the
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Efficacy of aprocitentan in patients across the cardiometabolic disease spectrum including obesity to be presented at AHA Hypertension
Two oral presentations at AHA Hypertension 2026 will highlight the substantial antihypertensive efficacy of aprocitentan in two hypertension populations from the PRECISION study: patients with obesity and patients across the cardiovascular-kidney-metabolic (CKM) continuum. The analyses extend the clinical evidence supporting aprocitentan in these patients and further underscore the importance of blockade of the upregulated endothelin system as a therapeutic target in difficult-to-control hyperte
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SOITEC - INFORMATION RELATING TO THE TOTAL NUMBER OF VOTING RIGHTS AND SHARES FORMING THE SHARE CAPITAL
Bernin, October 5, 2026 INFORMATION RELATING TO THE TOTAL NUMBER OF VOTING RIGHTS AND SHARES FORMING THE SHARE CAPITAL (Article L. 233-8 II of the French Commercial Code and article 223-16 of the General Regulation of the French Financial Markets Authority (AMF)) Corporate name and address of the company: SOITEC Parc Technologique des Fontaines - Chemin des Franques 38190 Bernin (FRANCE) Statement dateTotal number of shares forming the share capitalTotal number of voting rights09/30/202635,814,3
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Bekaert - Publication transparency notification
Please find herewith the press release. Attachment p261005E - Publication of a transparency notification
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