PH Business News & Market Updates

I recently spoke at a conference for MSMEs (micro, small and medium enterprises).

Tech giant Meta is now facing a lawsuit in the United States regarding its Meta AI smart glasses for violating privacy laws and engaging in false advertising.

Investments approved by the Philippine Economic Zone Authority (PEZA) jumped by 72 percent from a year ago despite heightened global uncertainty from geopolitical events.

The Philippine economy may remain under pressure in the coming quarters as elevated oil prices, surging inflation and weak consumer and investment spending threaten to keep growth below trend while forcing policymakers to stay focused on price stability.

The Securities and Exchange Commission (SEC) said it would look into the complaint filed by tycoon Federico “Piki” Lopez against ABS-CBN Corp. executives.

Razon-led Manila Water Co. Inc. posted a 24 percent increase in net income from January to March, driven by stronger revenues from its business operations throughout the country. 

Tycoon Teresita “Tessie” Sy-Coson is “mothering.”

Share prices failed to keep their winning momentum alive as market succumbed to profit taking to end the week in the negative territory.

The country’s foreign exchange buffer fell to its lowest level in 15 months in April, as the Bangko Sentral ng Pilipinas (BSP) likely tapped reserves to temper peso volatility while the government paid foreign debt obligations, analysts said.

The agreement gives the Philippines uninterrupted deliveries of 1.5 million metric tons of Dai Thom 8 rice.

Rizal Commercial Banking Corp. has solidified its leadership in the shifting landscape of Philippine wealth

DOE's Rino Abad says diesel may fall by around P9 per liter and kerosene by P12 per liter next week.

A consumer advocacy group warned lawmakers that the proposed blanket ban on minors’ access to social media could expose young users to greater online risks rather than protect them.

The collaboration leverages Palawan Group’s extensive physical network alongside its digital wallet, PalawanPay.

Here are the reported benchmark prices and range for May 8.

The country’s outstanding debt rose to P18.49 trillion as of end-March, a new record high amid a weaker peso and net issuance of domestic securities, the Bureau of the Treasury said.

D&L Industries Inc., the country’s largest producer of oleochemicals, specialty plastics and food products, managed to book a five percent increase in first quarter profit  to P717 million,  despite heightened  uncertainty and volatility during the period  stemming f...

Conglomerate Metro Pacific Investments Corp. (MPIC) demonstrated resilience amid high energy prices and a volatile global environment, sustaining growth in its core income during the first quarter.

 Coconut farmers may face multiple challenges this year as surging shipping costs due to the war in the Middle East and the incoming El Niño weather phenomenon, would weigh heavily on the local industry.

Snack food giant Monde Nissin Corp. started the year strong, with core net income attributable to shareholders climbing by 11.3 percent to P3.3 billion in the first quarter on the back of robust revenue growth.