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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 23, 4:00 pm
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

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.

Stocks, peso tumble on US-Iran talks uncertainty

Source: PhilStar Jun 23, 2026

The local stock market took a heavy beating yesterday, dragged down by uncertainty over the US-Iran peace talks and the depreciation of the peso against the dollar.

SEC to agree on Mica Tan, settlement if...

Source: PhilStar Jun 23, 2026

Securities and Exchange Commission chair Francis Lim has laid out certain conditions for Maria Francesca Tan and the MFT Group of Companies if they want to patch things up with the commission.

BSP wants more informal sellers to accept digital payments

Source: PhilStar Jun 23, 2026

The Bangko Sentral ng Pilipinas is looking to bring more small and informal merchants into the digital payments ecosystem by easing onboarding requirements and addressing high transfer fees, as it pushes for broader use of electronic payments across the country.

Tanduay remains world’s No. 1 rum

Source: PhilStar Jun 23, 2026

Lucio Tan–owned Tanduay continues to show its dominance in the global rum category, maintaining its World’s Number 1 Rum title for nine consecutive years.

Turning a ‘dead donkey’ into a valuable asset

Source: PhilStar Jun 23, 2026

A reader asked me about some examples on how to turn a problem into an opportunity.

DoubleDragon to open Mindanao’s biggest hotel

Source: PhilStar Jun 23, 2026

DoubleDragon Corp., the listed company chaired by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, is opening the largest hotel in Mindanao next month.

RLC launches largest flexible workspace in Western Visayas

Source: PhilStar Jun 23, 2026

Gokongwei-led real estate developer Robinsons Land Corp. has launched its first and biggest flexible workspace center in Western Visayas, supporting regional operations, satellite teams, project offices as well as interim workspaces for businesses preparing to transition to permanent sites.

LNGPH, Mitsubishi Power seal gas turbine support deal

Source: PhilStar Jun 23, 2026

LNGPH, the multibillion-dollar gas venture of Manuel V. Pangilinan, Ramon Ang and Sabin Aboitiz, has tapped Japan’s Mitsubishi Power to ensure the reliable operation of its large gas-fired facility in Batangas.

AirAsia bringing first A220s to Philippines

Source: PhilStar Jun 23, 2026

The local unit of low-cost carrier AirAsia will introduce to the Philippines its first units of Airbus A220 by 2028, bringing in single-aisle aircraft that have powerful range and wider capacity.

BIR’s blue check: The badge for online sellers

Source: PhilStar Jun 23, 2026

Selling online just got a digital upgrade — one that will keep personal data much safer.

DA pushes higher coco-biodiesel blend

Source: PhilStar Jun 23, 2026

The Department of Agriculture is pushing for the immediate transition to the five percent coco-biodiesel blend.

‘Philippines must lead unified ASEAN front vs illicit tobacco trade’

Source: PhilStar Jun 23, 2026

The Philippines must take the lead for a stronger regional response against the multibillion-peso illicit tobacco trade especially as it assumes chairship of the Association of Southeast Asian Nations bloc this year.

DICT’s flagship eGovPH app posts 700% surge in transactions

Source: PhilStar Jun 23, 2026

The Department of Information and Communications Technology’s flagship eGovPH app has surpassed 800 million transactions while reaching 56 million downloads, underscoring the rapid adoption of digital government services among Filipinos.

Big fuel price rollback to proceed despite Hormuz disruption – DOE

Source: PhilStar Jun 22, 2026

DOE says latest oil market risks may affect next week’s prices instead.

Big fuel rollback to proceed despite Hormuz disruption – DOE

Source: PhilStar Jun 22, 2026

DOE says latest oil market risks may affect next week’s prices instead.

Why credible tax guidance matters for busy Filipino taxpayers

Source: PhilStar Jun 22, 2026

DocTax is an AI-powered tax query assistant and matching platform.

NIA activates El Niño preparedness, water management measures

Source: PhilStar Jun 22, 2026

NIA said it had prepared mitigation and contingency measures months in advance.

Japan approves five-fold increase in visa fees for foreign nationals

Source: PhilStar Jun 22, 2026

Japan has approved a five-fold increase in visa fees for foreign nationals.

COMMENTARY: Why the Philippines cannot afford to delay open finance

Source: PhilStar Jun 22, 2026

The recently filed Open Finance bill may be the most consequential piece of legislation in addressing this.

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