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PH Business News & Market Updates

Latest business headlines and trade shifts across the Philippines


Updates every 6 hours
Last sync Jun 24, 8:00 am
Sources: BusinessWorld + Philippine Star
BusinessWorld
NCR wage petitions seeking more than double pay

NCR wage petitions seeking more than double pay

Source: BusinessWorld Jun 18, 2026

THE WAGE BOARD for Metro Manila said it received petitions proposing in some cases to more than double the region’s p...
Gov’t testing investor appetite for MRT-3, LRT-2, subway O&M deals

Gov’t testing investor appetite for MRT-3, LRT-2, subway O&M deals

Source: BusinessWorld Jun 18, 2026

THE Department of Transportation (DoTr) is currently gauging potential private-sector interest in taking on operation...
Customs sees more goods seizures after big tobacco score in Mindanao

Customs sees more goods seizures after big tobacco score in Mindanao

Source: BusinessWorld Jun 18, 2026

THE Bureau of Customs (BoC) said it expects seizures of illicit goods to increase this year following major seizures ...
Tobacco regulator calls for coordinated crackdown on illicit trade in PHL, ASEAN

Tobacco regulator calls for coordinated crackdown on illicit trade in PHL, ASEAN

Source: BusinessWorld Jun 18, 2026

THE National Tobacco Administration (NTA) said on Thursday that the illicit tobacco trade requires a coordinated resp...
US firearms maker signs local partnership

US firearms maker signs local partnership

Source: BusinessWorld Jun 18, 2026

THE Board of Investments (BoI) said US firearms maker Battle Arms Development, Inc. has entered into a partnership wi...
PCC finds limited choices for consumers seeking to switch water service providers

PCC finds limited choices for consumers seeking to switch water service providers

Source: BusinessWorld Jun 18, 2026

THE Philippine Competition Commission (PCC) said the process for changing water service providers (WSPs) needs to be ...
German push in PHL motivated by trade diversification, official says

German push in PHL motivated by trade diversification, official says

Source: BusinessWorld Jun 18, 2026

GERMAN BUSINESSES are exploring potential partnerships with the Philippines to reduce their reliance on traditional p...
ADB considering $210-million loan to boost PHL energy efficiency

ADB considering $210-million loan to boost PHL energy efficiency

Source: BusinessWorld Jun 18, 2026

THE Asian Development Bank (ADB) is considering a $210-million loan to help the Philippines improve energy efficiency...
DICT awards O&M contract for fiber backbone project phase 1

DICT awards O&M contract for fiber backbone project phase 1

Source: BusinessWorld Jun 18, 2026

THE Department of Information and Communications Technology (DICT) said it awarded a P69.099‑million contract for man...
Nuclear energy auction rules being drafted

Nuclear energy auction rules being drafted

Source: BusinessWorld Jun 18, 2026

THE Department of Energy (DoE) said it is drafting the rules that will govern the first auction covering nuclear powe...
Special green energy auction for waste-to-energy suspended

Special green energy auction for waste-to-energy suspended

Source: BusinessWorld Jun 18, 2026

THE Department of Energy (DoE) said it suspended activities regarding the special green energy auction (GEA) for wast...
US leads international visitor arrivals in PHL

US leads international visitor arrivals in PHL

Source: BusinessWorld Jun 18, 2026

The Department of Tourism (DoT) said on Thursday that the United States has become the country’s top source market fo...
IEA: Poor Southeast Asian households forced to cut back after energy costs rise

IEA: Poor Southeast Asian households forced to cut back after energy costs rise

Source: BusinessWorld Jun 17, 2026

HIGH ENERGY prices are forcing low-income households in Southeast Asia to cut back even on essentials, according to t...
PHL outlook remains favorable despite scaled-back growth targets — DEPDev

PHL outlook remains favorable despite scaled-back growth targets — DEPDev

Source: BusinessWorld Jun 17, 2026

THE Department of Economy, Planning, and Development (DEPDev) said the medium-term economic outlook remains favorable...
Relief from Iran peace deal could distract from reform urgency — FPI

Relief from Iran peace deal could distract from reform urgency — FPI

Source: BusinessWorld Jun 17, 2026

THE Iran peace deal promises relief to manufacturers, but should be taken as an opportunity to address the Philippine...
Budget release rate hits 86% at end of May

Budget release rate hits 86% at end of May

Source: BusinessWorld Jun 17, 2026

THE Department of Budget and Management (DBM) said it released 86% of the budget for 2026 as of the end of May. Accor...
South-of-NCR leisure property seen boosted by domestic-tourism boom — Colliers

South-of-NCR leisure property seen boosted by domestic-tourism boom — Colliers

Source: BusinessWorld Jun 17, 2026

LEISURE-FOCUSED developments to the south of the National Capital Region (NCR) are becoming more viable due to strong...
Personal care, beauty industry seen growing 10%

Personal care, beauty industry seen growing 10%

Source: BusinessWorld Jun 17, 2026

THE personal care and beauty industry is expected to grow by up to 10% this year, driven by demand from the young pop...
Bohol Ubi Kinampay files for geographical indication mark

Bohol Ubi Kinampay files for geographical indication mark

Source: BusinessWorld Jun 17, 2026

THE Intellectual Property Office of the Philippines (IPOPHL) said it received an application to register Bohol Ubi Ki...
WTC Metro Manila investing P3B in expansion

WTC Metro Manila investing P3B in expansion

Source: BusinessWorld Jun 17, 2026

WORLD TRADE CENTER Metro Manila (WTCMM) said it is investing P3 billion to expand its exhibition facility in Pasay Ci...
Maximizing incentives in the 2026 SIPP

Maximizing incentives in the 2026 SIPP

Source: BusinessWorld Jun 17, 2026

Incentives shape investment decisions — but not all incentives are created equal. With the 2026 Strategic Investment ...
3 more months of emergency seen following Iran peace deal

3 more months of emergency seen following Iran peace deal

Source: BusinessWorld Jun 16, 2026

THE national energy emergency could run for two or three more months after the US and Iran seal their peace deal, wit...
Iran deal impact on PHL inflation to be more direct due to oil-cost pass through

Iran deal impact on PHL inflation to be more direct due to oil-cost pass through

Source: BusinessWorld Jun 16, 2026

THE INFLATION impact of the Iran peace deal on the Philippines will be more direct because fuel is unsubsidized and s...
Iran peace deal seen facilitating PHL farm exports to Middle East

Iran peace deal seen facilitating PHL farm exports to Middle East

Source: BusinessWorld Jun 16, 2026

THE Department of Agriculture (DA) said the peace agreement between the US and Iran will allow the flow of Philippine...
Fiscal impact of Iran crisis expected to show up in Q2 data, AMRO says

Fiscal impact of Iran crisis expected to show up in Q2 data, AMRO says

Source: BusinessWorld Jun 16, 2026

ASEAN+3 economies are expected to report second-quarter fiscal data reflecting the impact of the fighting in the Pers...
PhilStar

The rise of human-centered AI: This chatbot learned to speak Filipino

Source: PhilStar Jun 24, 2026

Sky is a chatbot designed to serve as the first line of customer support, responding to concerns within one minute, 24/7.

BSP eases rules as Middle East tensions shake markets

Source: PhilStar Jun 24, 2026

The Bangko Sentral ng Pilipinas (BSP) has granted temporary regulatory relief to banks and quasi-banks to shield their reported capital positions from unrealized losses on peso government securities caused by market volatility from the Middle East conflict.

Government to borrow P1.12 trillion from domestic market

Source: PhilStar Jun 24, 2026

The Marcos administration will borrow as much as P1.12 trillion from the local debt market in the third quarter, leaning heavily on domestic financing amid global uncertainties.

Meralco Group plots renewable energy expansion with VinEnergo

Source: PhilStar Jun 24, 2026

Pangilinan-led Meralco Group is expanding its power portfolio with Vietnam’s VinEnergo in a partnership that could unlock 25 gigawatts (GW) of renewable energy (RE) and battery storage capacity.

LRT-2 traffic up, but revenue dips

Source: PhilStar Jun 24, 2026

The Light Rail Transit Line 2 (LRT-2) is suffering from a double-digit revenue freefall due to the higher discounts granted to students, senior citizens and persons with disabilities (PWD).

Stocks bounce back on bargain hunting

Source: PhilStar Jun 24, 2026

The local stock market bounced back yesterday as investors shopped for bargains following two consecutive sessions of decline.

Financial system resources hit record P37.3 trillion in April

Source: PhilStar Jun 24, 2026

Total resources of the Philippine financial system climbed to a record P37.31 trillion as of end-April, driven by sustained growth in bank assets and the continued expansion of digital lenders.

‘2 in 5 firms unprepared for new European Union duty rules’

Source: PhilStar Jun 24, 2026

Two in five businesses in Asia-Pacific, including in the Philippines, may find it difficult to comply with the additional cost of exporting to the European Union starting July, according to logistics giant FedEx Corp.

Pepsi targets above-GDP sales growth for 2026

Source: PhilStar Jun 24, 2026

Beverage firm Pepsi-Cola Products Philippines Inc. (PCPPI) is aiming for sales to outpace the country’s economic growth this year to be supported by strong demand for flavored and energy drinks and the expansion of its distribution network.

Philippines eyes Indonesia link for Asean Power Grid

Source: PhilStar Jun 24, 2026

The Philippines is exploring a potential interconnection with Indonesia under the broader ASEAN Power Grid initiative, which aims to enable cross-border electricity trade across Southeast Asia.

RLC infusing 6 additional malls into RCR

Source: PhilStar Jun 24, 2026

Gokongwei-led real estate developer Robinsons Land Corp. (RLC) is infusing more mall assets into its real estate investment trust company, RL Commercial REIT Inc. (RCR), through a P10.62-billion property-for-share swap transaction.

Serious threat to BPO industry

Source: PhilStar Jun 24, 2026

The threats to the local industry that’s keeping millions of our young people profitably employed have been festering for some time now. One of these is the threat of AI on the voice part of our BPO industry. The other one is a pending bill in the US Congress seeking to bring back offshored...

Philippines more expensive than Vietnam, Thailand

Source: PhilStar Jun 24, 2026

Vietnam and Thailand continue to attract more tourists than the Philippines as our two Association of Southeast Asian Nations (ASEAN) neighbors  are able to offer cheaper prices.

Government eyes first nuclear auction in mid-2027

Source: PhilStar Jun 24, 2026

The government is targeting June 2027 for the country’s first nuclear tender, with the winning bidder expected to secure a ready market for the project and potential access to state funding support.

Industry groups push for joint review of nutrition profiling model

Source: PhilStar Jun 24, 2026

The Philippine Chamber of Food Manufacturers Inc. (PCFMI) and other industry groups are pushing for their inclusion in the further review of the Philippine Nutrient Profile Model (PNPM) to ensure that it reflects current dietary patterns and realities.

Century Properties raising P3 billion to support expansion

Source: PhilStar Jun 24, 2026

Century Properties Group Inc. (CPG) of the Antonio family is raising fresh capital through a fixed-rate notes issuance to support its expansion.

Off-grid areas eyed for full hybridization

Source: PhilStar Jun 24, 2026

The government is racing to bring renewable energy (RE) to the country’s most remote communities, targeting full hybridization by 2030 to reduce their costly reliance on diesel power.

‘BIR, BOC revenue targets retained’

Source: PhilStar Jun 24, 2026

The government has maintained collection targets for its two biggest revenue agencies despite a national energy emergency, the Department of Finance (DOF) said.

Forest Lake honors sales force following record 2025 growth

Source: PhilStar Jun 24, 2026

Forest Lake Development Inc., one of the country’s leading memorial park developers, gathered more than 550 guests at Okada Manila on April 21 for its 12th National Sales Convention, a celebration that honored its people, partnerships and shared values behind the company’s continued n...

MaroonStudios CEO James Mendoza champions sovereign cloud and AI-driven governance at NICT Summit 2026

Source: PhilStar Jun 23, 2026

MaroonStudios CEO James Mendoza took the stage as a keynote speaker at the NICT Summit 2026.

Price Tracker: Oil, fuel monitor for June 23-29

Source: PhilStar Jun 23, 2026

The impact of the Strait of Hormuz disruption is more likely to be reflected in next week’s price adjustments.

Government sets 3.5–4.5% growth target for 2026

Source: PhilStar Jun 23, 2026

The government is now expecting the country’s economy to grow between 3.5 percent and 4.5 percent this year due to the impact of the Middle East conflict and the lingering effect of the flood control controversy, according to the Department of Economy, Planning and Development.

Marcos gives ‘high priority’ to luring semicon, AI investors

Source: PhilStar Jun 23, 2026

President Marcos has directed agencies to offer perks that will attract semiconductor and artificial intelligence investors, describing as a “high national priority” the luring of high-impact industries to the country.

Philippines eyes $1.5 billion ADB financing for ME crisis response

Source: PhilStar Jun 23, 2026

The government is seeking up to $1.5 billion from the Asian Development Bank to support state programs aiming to cushion the economic shock from the Middle East crisis, Finance Secretary Frederick Go said.

PLDT taking data center unit public, files P24 billion IPO

Source: PhilStar Jun 23, 2026

Telco giant PLDT Inc. will be selling nearly half of its stake in its data centers, heading to the Philippine Stock Exchange with a goal of raising as much as P24.2 billion.

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