Trending business topics in the Philippines, aggregated from Google Trends and major PH news outlets.
MANILA, Philippines — Asean Business Advisory Council Chair Jose Ma. Concepcion III on Saturday urged big businesses to help uplift smaller businesses across Southeast Asia so they too could reap the benefits of the region’s growth. Speaking before hundreds of business executives at the Asean Investment Summit, Concepcion said the region’s prosperity must be practical and
MANILA, Philippines — The University of the Philippines (UP) and the Natural Resources Development Corporation (NRDC) will hold a two-day national consultation on Nov. 20 and 21 in Quezon City to develop a coordinated response to the potential impacts of El Niño. The National Multi-Stakeholder Consultation on El Niño Impact and Response will take place
Manila Electric Co. (Meralco) will implement a new round of rate hikes in the November billing cycle at P0.4895 per kilowatt-hour. The power distribution giant said this was due to elevated power costs amid a weakening of the Philippine peso and the monthslong war in the Middle East. Meralco said on Friday the overall rate
MANILA, Philippines — Management Association of the Philippines (MAP) president Donald Lim has called on the government to ramp up efforts to modernize the country’s investment environment, saying efforts to promote the Philippines would be futile if rules are not at par with those in the rest of Southeast Asia. In a statement issued ahead
MANILA, Philippines — Investments pouring into the country’s economic zones reached a record P315.5 billion in 2026, eclipsing the P311.9-billion high set more than a decade ago in 2012. The record tally was as of Nov. 10, with more projects expected to be approved before yearend. READ: Peza raises 2027 goal; new record within reach It
Former Nvidia CEO Jensen Huang misled several of the company's leaders, including general counsel Tim Teter and chief marketing officer Alison Wagonfeld, about the nature of his relationship with Chinese businesswoman Alice Huang, with whom he had an affair, according to two people familiar with the matter and internal
Flag carrier Philippine Airlines (PAL) on Saturday said it is closely monitoring air traffic situation in the United States after all flights were ordered grounded.
MANILA, Philippines — Travelers are in for a slight reprieve in the second half of November as the Civil Aeronautics Board (CAB) has approved lower fuel surcharges for the period, following a decline in global jet fuel prices at the start of the month. In an advisory dated Nov. 12, the aviation regulator said a
MANILA, Philippines — The newly appointed Commissioner Rolando Ligon plans to accelerate the Bureau of Internal Revenue’s (BIR) digital modernization program with a multi-year overhaul of its core information technology systems. In a statement a day after Ligon’s appointment, the BIR said the new commissioner plans to initiate a five-year program to upgrade its computer infrastructure
MANILA, Philippines — Over 30 civil society groups across Asia warned that Japan’s $10-billion energy financing drive for Southeast Asian economies could deepen the Philippines’ reliance on fossil fuels despite efforts to accelerate renewables buildout. The organizations said on Friday that pushing for further tie-ups with Japan could make Filipino consumers more vulnerable to oil
NLEX Corporation has expanded its electric vehicle (EV) charging network along its expressways, giving motorists more options to recharge while traveling between Metro Manila and Central Luzon.
BUTUAN CITY — More patients in the Caraga region can now avail of hospital care without out-of-pocket expenses after nine private hospitals signed a memorandum of agreement (MOA) with the Philippine Health Insurance Corporation (PhilHealth) and the Department of Health (DOH) to implement the ‘No Balance Billing’ (NBB) policy. Dr. Beverly Lorraine Ho, PhilHealth acting
MANILA, Philippines — San Miguel Corp.’s power arm signaled strong interest in the government’s coal mine auction and even praised the Department of Energy (DOE) for its controversial asset-surrender rule, a provision that has drawn the ire of incumbent operator Semirara Mining and Power Corp. (SMPC). Of the seven companies that attended a new pre-bid
MANILA, Philippines — Broadcast giant GMA Network Inc. slipped into the red in the third quarter of 2026, with sluggish advertising spending and the absence of election-related placements weighing on its revenues. In a disclosure on Friday, the company said it had incurred a consolidated net loss of P77.36 million from July to September, reversing the
MANILA, Philippines — San Miguel Corp. (SMC) reported a 40-percent drop in net income to P47.3 billion in the first nine months of 2026, weighed down by unrealized foreign exchange losses and a high year-earlier base. The conglomerate said its 2025 results included a one-time gain from the Chromite transaction. Excluding that gain and other
MANILA, Philippines — JG Summit Holdings Inc.’s net income attributable to equity holders of the parent fell 33 percent to P12.5 billion in the first nine months of 2026, as higher jet fuel costs and a weaker peso weighed on its airline business. On Friday, the Gokongwei-led conglomerate pointed said the peso’s depreciation increased foreign exchange
MANILA, Philippines — ABS-CBN Corp. saw its losses widen by nearly a third in the first nine months of 2026, as weaker advertising demand and a shrinking cable subscriber base were further aggravated by “challenging market conditions” In a disclosure on Friday, the media company reported a consolidated net loss of P2.95 billion from January to
MANILA, Philippines — Local stocks fell for a third straight session on Friday, closing at their lowest level this year as a weaker peso and a downgrade to the country’s growth outlook weighed on sentiment. The benchmark Philippine Stock Exchange Index (PSEi) shed 67.06 points, or 1.18 percent, to close at 5,593.49, slipping below 5,600. READ:
Shopee, the largest e-commerce platform in Southeast Asia and Taiwan and a leading e-commerce platform in Brazil, has launched ShopeeFood, its food delivery service, in the Philippines. The service is now available in Metro Manila, making the Philippines the fifth Southeast Asian market where Shopee offers food delivery as part of its broader marketplace offering.
MANILA, Philippines — Mounting foreign exchange losses and higher interest expenses hit DITO CME Holdings Corp. in the first nine months of 2026, during which its net loss attributable to shareholders ballooned to P17.1 billion. That marked a 77-percent jump from the attributable net loss of P9.65 billion in the same period last year. READ: DITO
MANILA, Philipppines — PNB Holdings Corp. grew net income 16 percent to P317.02 million in the first nine months of 2026 as the company broadened its commercial offerings to attract more customers to its buildings. On Friday, the real estate company said in a disclosure that consolidated revenues rose 5 percent to P940.35 million. READ: PNB
MANILA, Philippines — PhilWeb Corp.’s net income rose 36 percent to P64.2 million in the third quarter of 2026 from P47 million in the previous quarter, as its digital platform business for licensed gaming operators brought in nearly two-thirds of group revenue. On Friday, the company, backed by Lance Gokongwei, said it was its third straight
MANILA, Philippines — Lucio Co-led Cosco Capital Inc. grew its consolidated net income by 11.8 percent to P11.96 billion in the first nine months of 2026, as stronger grocery earnings offset a decline in profit at liquor distributor The Keepers Holdings Inc. On Friday, the company said in a disclosure that consolidated revenues rose 10.2 percent
MANILA, Philippines — Nickel Asia Corp. (NAC) reported a 19-percent jump in its nine-month income, lifted by higher metal prices and sales as well as a booming renewable energy business. The listed miner’s attributable net income rose to ₱6.16 billion from ₱5.19 billion a year earlier. READ: Nickel Asia books 93% higher H1 profit “Our strong
MANILA, Philippines — Security Bank Corp. grew its net income 1 percent to P9.2 billion in the first nine months of 2026, as revenue growth outpaced operating expenses. On Friday, the bank said in a disclosure that total revenues rose 8 percent to P52.5 billion. READ: Security Bank maps out 3-year growth push “Our nine-month
MANILA, Philippines—Motorists can expect slower traffic in parts of Makati City’s central business district from Nov. 14 to Nov. 18. This situation will prevail as police checkpoints, stop-and-go schemes and road rerouting will be implemented during the Asean Summit. The Makati City government announced that portions of major roads will be designated for Asean delegates,
MANILA, Philippines — Rockport Power Inc., a licensed retail electricity supplier, has secured a power supply deal to energize an initial 16 branches of Andok’s Litson Corp., a Filipino food chain known for its signature roasted chicken. The government’s retail aggregation program (RAP) made the deal possible by allowing households and smaller consumers in a shared
MANILA, Philippines — Over eight million Manila Electric Co. (Meralco) customers will face higher electricity bills this month, as the company raised rates by P0.4895 per kilowatt-hour (kWh) due to higher generation charges. The power utility giant said the overall rate for a typical household would climb to P15.5510 from P15.0615 per kWh in October.
MANILA, Philippines — Travelers get a slight reprieve in the second half of November as the Civil Aeronautics Board (CAB) approved lower fuel surcharges for the period, reflecting the decline in global jet fuel prices. In an advisory, the aviation regulator said a Level 16 fuel surcharge would take effect from Nov. 16 to 30, down
MANILA, Philippines — Outgoing Philippine Economic Zone Authority (Peza) Director General Tereso Panga on Friday bade farewell to the agency following a government reshuffle that would see Joshua Bingcang, president and CEO of the Bases Conversion and Development Authority, take over his post. In a social media post, Panga, who has served Peza for 28 years,
GMA cites the 'continued shift of audiences and advertising budgets from traditional media to digital platforms' and the 'challenging business environment' for its disappointing earnings
MANILA, Philippines — Lucio Tan-led LT Group Inc. posted a record attributable net income of P25.82 billion in the first nine months of 2026, up 14 percent from P22.57 billion a year ago, as its banking and tobacco businesses drove earnings growth. Philippine National Bank (PNB) was the biggest contributor at P11.95 billion, or 46
Conglomerate San Miguel Corporation (SMC) saw its net income decline in the first nine months of 2026 amid a challenging economic environment.
MANILA, Philippines — Motorists can expect more relief at the pump, with another round of fuel price rollbacks of up to ₱5 per liter likely next week. Based on estimates from Jetti Petroleum president Leo Bellas, diesel could decrease by P4 to P5 per liter. READ: DOE, oil firms urged to fully implement fuel price rollback
CALAPAN CITY — Headline inflation in Oriental Mindoro accelerated to 9.3 percent in October from 7.7 percent in September, according to official government data released on November 10. The sharp increase brought the province’s average inflation rate from January to October to 6.1 percent, up from 1.8 percent in October last year. Data from the
BAGUIO CITY — Dining out and commuting by public transportation were a bit pricey in October, as shown by inflation rates of 9.3 percent in Baguio City and 9.2 percent in the Cordillera region. The October inflation was the highest rate yet this year for the mountain resort city and the highland provinces of Ifugao,
The Philippine peso continued its downtrend against the US dollar on Friday, closing the week on a soft note.
President Ferdinand Marcos Jr. has appointed Teresso Panga of the Philippine Economic Zone Authority (PEZA) as the Toll Regulatory Board's new executive director, Malacañang announced Friday.
Driving this month’s overall rate increase was the generation charge which went up due to higher costs of power suppliers still affected by the peso depreciation and the crisis in the Middle East
Philippine Economic Zone Authority (PEZA) Director General Teresa Panga on Friday confirmed he is leaving the country"s second largest investment promotion agency.
Sweden is expecting a significant surge in capital deployment from Swedish firms across the Philippines once the Philippines-European Union Free Trade Agreement (FTA) is finalized.
Their plan would create the first platform to use earnings sent by the overseas diaspora rather than international development aid to build a permanent endowment fund for climate resilience
Security Bank Corporation saw a 1% year-on-year growth in its net income amounting to P9.2 billion in the first nine months of 2026.
MANILA, Philippines — A sweeping leadership shake-up reconfigured President Marcos’ economic team on Thursday, bringing changes to the country’s two largest revenue-collecting agencies and two major investment promotion bodies. While stopping short of formally confirming the appointments, the country’s trade and finance chiefs welcomed Bases Conversion and Development Authority (BCDA) president and CEO Joshua Bingcang
The Philippines top three investment promotion agencies have approved P1.4 trillion worth of investment commitments in the first nine months of 2026.
Bureau of Internal Revenue (BIR) Commissioner Charlito Mendoza is moving to the Bureau of Customs (BOC) as part of President Ferdinand "Bongbong" Marcos Jr.'s recent Executive branch leadership shake-up.
President Ferdinand "Bongbong" Jr. shook up key positions in the country's top collection agencies, namely the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC).
Customers of the Manila Electric Company (Meralco) should brace for higher electricity bills this month as the power distributor hiked its household rate due to higher generation costs.
Following Nvidia NVDA.O CEO Jensen Huang's resignation, Chief Financial Officer Colette Kress will take over as interim CEO as Nvidia looks for a permanent successor, considering both internal and external candidates, the company said on Thursday.
The revelation follows two other extramarital affairs that led to his resignation on Thursday, November 12
