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PH Business News & Market Updates

Latest business headlines and trade shifts across the Philippines


Updates every 6 hours
Last sync Aug 8, 2:19 am
Sources: The Manila Times + Philippine Star
The Manila Times
Slower than expected: Q2 growth falls to 2.3%

Slower than expected: Q2 growth falls to 2.3%

Source: ManilaTimes Aug 8, 2026

THE economy grew by a lower-than-expected 2.3 percent in the second quarter (Q2), the weakest expansion since the Cov...
Slowdown complicates BSP policy path – analysts

Slowdown complicates BSP policy path – analysts

Source: ManilaTimes Aug 8, 2026

ANALYSTS on Friday raised concerns over the country’s growth outlook following weaker-than-expected second-quarter re...
Foreign reserves hit 18-month low in July

Foreign reserves hit 18-month low in July

Source: ManilaTimes Aug 8, 2026

GROSS international reserves (GIR) fell to an 18-month low last month but remained sufficient to meet the country’s i...
BCDA: $200B in export potential from Pax Silica

BCDA: $200B in export potential from Pax Silica

Source: ManilaTimes Aug 8, 2026

POTENTIAL export earnings from the Pax Silica project could reach $200 billion over the next 30 years, Bases Conversi...
DOTr, Villar Group to sign land donation deal for LRT-1 extension

DOTr, Villar Group to sign land donation deal for LRT-1 extension

Source: ManilaTimes Aug 8, 2026

THE Department of Transportation (DOTr) expects to finalize this month an agreement with the Villar Group of Companie...
Fertilizer authority sues another trader

Fertilizer authority sues another trader

Source: ManilaTimes Aug 8, 2026

THE Fertilizer and Pesticide Authority (FPA) has filed criminal charges against DO’s Asia Chemical Trading Corp. and ...
Small decisions can mean big for SMEs

Small decisions can mean big for SMEs

Source: ManilaTimes Aug 8, 2026

ASK any entrepreneur what keeps them awake at night, and you’ll probably hear the usual answers: finding new customer...
DENR expanding rattan gene bank in Bukidnon

DENR expanding rattan gene bank in Bukidnon

Source: ManilaTimes Aug 8, 2026

THE Department of Environment and Natural Resources (DENR) on Friday said it is expanding its rattan gene bank in Buk...
DMCI Holdings Q2 net surges to P6.5B

DMCI Holdings Q2 net surges to P6.5B

Source: ManilaTimes Aug 8, 2026

LISTED conglomerate DMCI Holdings Inc. posted a 61-percent increase in second-quarter (Q2) net income to P6.5 billion...
Manila Water profit 6% higher at P8.47B

Manila Water profit 6% higher at P8.47B

Source: ManilaTimes Aug 8, 2026

MANILA Water Co. Inc. on Friday said net income in the first half rose 6 percent to P8.47 billion from P7.96 billion ...
PSBank H1 profit down 40% on higher provisions

PSBank H1 profit down 40% on higher provisions

Source: ManilaTimes Aug 8, 2026

PHILIPPINE Savings Bank (PSBank) saw net income in the first half fall by 40 percent to P1.3 billion from P2.16 billi...
Top Line posts 61.6% surge in first-half profit

Top Line posts 61.6% surge in first-half profit

Source: ManilaTimes Aug 8, 2026

TOP Line Business Development Corp. on Friday said net income in the first half reached P123.21 million, up 61.6 perc...
SG’s top banks ride Asia’s wealth boom

SG’s top banks ride Asia’s wealth boom

Source: ManilaTimes Aug 8, 2026

SINGAPORE — A surge in income from wealth management and other fee revenue helped Singapore’s top three banks to cush...
AI IN THE DIAGNOSTIC ARSENAL: Blood, biopsy and voice may detect Alzheimer's early

AI IN THE DIAGNOSTIC ARSENAL: Blood, biopsy and voice may detect Alzheimer's early

Source: ManilaTimes Aug 8, 2026

ACCORDING to the World Health Organization (WHO), an estimated 57 million people are living with dementia globally, w...
Storytelling shapes a climate-resilient future

Storytelling shapes a climate-resilient future

Source: ManilaTimes Aug 8, 2026

PROACTIVENESS that prepares for extreme-weather effects, as opposed to reactionary responses that are just designed t...
Strengthening corporate governance through boardroom education

Strengthening corporate governance through boardroom education

Source: ManilaTimes Aug 8, 2026

CORPORATE governance is often associated with board meetings, compliance reports and regulatory requirements. That vi...
AI model predicts heart function

AI model predicts heart function

Source: ManilaTimes Aug 8, 2026

RESEARCHERS led by scientists from Ateneo de Manila University have developed an artificial intelligence (AI) model t...
NASA and China expand health research in space

NASA and China expand health research in space

Source: ManilaTimes Aug 8, 2026

NASA and China are expanding the use of their space stations as biomedical research laboratories, using automated tec...
Will natural hydrogen fast-track PH energy and food security?

Will natural hydrogen fast-track PH energy and food security?

Source: ManilaTimes Aug 8, 2026

A RENEWED hunt for natural hydrogen (H2), which forms and accumulates in the Earth rather than being manufactured by ...
Popular diabetes drugs show limited life impact

Popular diabetes drugs show limited life impact

Source: ManilaTimes Aug 8, 2026

POPULAR diabetes and weight loss drugs improve blood sugar and physical health, but they do not change a person’s emp...
Google-parent Alphabet shakes up its AI division

Google-parent Alphabet shakes up its AI division

Source: ManilaTimes Aug 7, 2026

SAN FRANCISCO, California — Google parent company Alphabet on Wednesday announced a leadership overhaul of its artifi...
Romania reaffirms assistance to Pinoy seafarers affected in Black Sea

Romania reaffirms assistance to Pinoy seafarers affected in Black Sea

Source: ManilaTimes Aug 7, 2026

The government of Romania on Wednesday reaffirmed their support for overseas Filipino workers (OFWs) affected by atta...
Red, yellow alerts up for Visayas grid as major plants remain unavailable

Red, yellow alerts up for Visayas grid as major plants remain unavailable

Source: ManilaTimes Aug 7, 2026

The National Grid Corporation of the Philippines (NGCP) issued red and yellow alerts for the Visayas grid on Friday, ...
Philippine economy grows 2.3% in Q2

Philippine economy grows 2.3% in Q2

Source: ManilaTimes Aug 7, 2026

The Philippine economy grew by 2.3 percent in the second quarter of 2026, lower than the 5.5-percent expansion record...
Diesel, gasoline prices to ease further next week

Diesel, gasoline prices to ease further next week

Source: ManilaTimes Aug 7, 2026

  Diesel and gasoline prices are projected to go down once more next week, due mostly to recent diplomatic breakthrou...
PhilStar

Institutional neutrality

Source: PhilStar Aug 8, 2026

The public’s trust in the election process relies, whether we like or not, on the perception that the process is fair.

Canceled, postponed and now suddenly urgent

Source: PhilStar Aug 8, 2026

There is a unique humility in having engagements canceled by a finance department rather than public opinion.

SMX visitor traffic hits 4.3 million in six months

Source: PhilStar Aug 8, 2026

SMX Convention Centers, the conferences and exhibitions arm of SM Prime Holdings Inc.,  saw a double-digit jump in visitor traffic in the first half amid robust demand for business events.

DMCI Holdings profit climbs 26 percent in 1st half 

Source: PhilStar Aug 8, 2026

Record-high contribution from nickel mining and significantly narrower losses from the cement business bolstered first-half earnings of the Consunji family’s DMCI Holdings Inc.

URC delivers strong Q2 performance

Source: PhilStar Aug 8, 2026

Gokongwei-led food and beverage company Universal Robina Corp. (URC) delivered a strong second quarter performance, with core net income attributable to parent rising by 10 percent to P2.9 billion on the back of disciplined financing cost management and better sales.

Dollar reserves slip to 18-month low

Source: PhilStar Aug 8, 2026

The country’s dollar reserves fell to their lowest level in 18 months as the Bangko Sentral ng Pilipinas (BSP)’s foreign exchange operations and government withdrawals outweighed gains from higher gold valuations.

Debt-to-GDP ratio hits 22-year high in June

Source: PhilStar Aug 8, 2026

The share of national government debt to gross domestic product (GDP) breached a 22-year high of 66 percent as of end-June, raising concerns that weak growth and sluggish investment could complicate efforts to pare down the country’s debt stock.

GDP slows to 2.3 percent, weakest in 5 years

Source: PhilStar Aug 8, 2026

The Philippine economy grew at its slowest pace in five years to 2.3 percent in the second quarter as the Middle East conflict kept household consumption subdued while an infrastructure scandal curbed investments and public construction, the Philippine Statistics Authority (PSA) said.

PSEi advances as investors shrug off weak Q2 GDP

Source: PhilStar Aug 8, 2026

The local stock market managed to finish in the positive territory despite the country’s disappointing economic growth in the second quarter.

Pebsteel factory gains LEED Gold for sustainable operations

Source: PhilStar Aug 7, 2026

Pebsteel’s factory in Ho Chi Minh City has been awarded LEED Gold from the US Green Building Council.

Philippine economy grows 2.3% in Q2 2026

Source: PhilStar Aug 7, 2026

The Philippine economy posted a year-on-year economic growth of 2.3% in the second quarter of 2026.

DOE sees major pump price rollback next week

Source: PhilStar Aug 7, 2026

The energy department teases for big time rollback next week. 

Is ERC up to the job?

Source: PhilStar Aug 7, 2026

The incompetence of our government in regulating the power industry is a significant cause of our woes. While the current leadership of the Energy Regulatory Commission (ERC) has been trying hard to clean up the inherited mess, sins of the past will hurt us for some time.

PSEi slips ahead of Q2 growth data

Source: PhilStar Aug 7, 2026

The Philippine Stock Exchange index finished slightly lower yesterday with investors opting to stay on the sidelines ahead of the release of the country’s second quater economic growth data. The PSEi eased by 0.13 percent, or 8.36 points, to settle at 6,277.95, extending its losing streak to thre...

Further rate tightening seen as inflation stays elevated

Source: PhilStar Aug 7, 2026

Inflation is expected to remain elevated in the coming months despite easing for a third straight month in July, keeping pressure on the Bangko Sentral ng Pilipinas (BSP) to further raise interest rates, economists said.

Farm sector posts 2.9% growth in Q2

Source: PhilStar Aug 7, 2026

 The country’s agricultural output grew by 2.9 percent in the second quarter, driven by broader gains from the crops, livestock, poultry and fisheries sectors, according to the Philippine Statistics Authority.

Doing it the Gokong-way: RLC execs build on the Gokongwei legacy

Source: PhilStar Aug 7, 2026

They are no Gokongweis, but they are leading property giant Robinsons Land Corp.  the Gokong-way.

Jobless rate rises to 4.9% in June

Source: PhilStar Aug 7, 2026

Unemployment went up in June as more Filipinos entered the workforce, but not enough jobs were available to absorb them, according to data from the Philippine Statistics Authority. In a press conference, National Statistician Dennis Mapa said results of the PSA’s Labor Force Survey showed the une...

Mailbox: Octogenarian benefit program

Source: PhilStar Aug 7, 2026

You July 15, 2026 issue told about Mr. Manuel V. Pangilinan, a senior citizen reaching the age of 80 and had already received P10,000 at “Pinambili na ng birthday cake” as mentioned in your newspaper.

Upgrade of eGovPH app to cost P2.7 billion

Source: PhilStar Aug 7, 2026

The government’s eGovPH superapp requires at least P2.7 billion next year for crucial upgrades on cloud and cybersecurity, ensuring the platform can handle the surge of transaction volumes.

Orchestra of the Filipino Youth sets fundraising concert

Source: PhilStar Aug 7, 2026

Orchestra of the Filipino Youth proudly announces its major fundraising concert, “Music for a Regenerative Future.”

Chinabank profit rises 11% to P14.5 billion in H1

Source: PhilStar Aug 7, 2026

China Banking Corp. booked an 11-percent increase in net income in the first half as robust lending activity, a wider interest margin and continued balance sheet expansion strengthened its core banking operations.

Toyota on track to hit 3 million sales target this year

Source: PhilStar Aug 7, 2026

Leading automotive firm Toyota Motor Philippines Corp. is optimistic that cumulative sales will breach the three-million mark this year amid improving market conditions.

Hotel101-Madrid gears up for higher occupancy levels

Source: PhilStar Aug 7, 2026

DoubleDragon Corp. is gearing up for an even higher occupancy level at its first operational international property in the coming months after reaching a new milestone.

What keeps CEOs awake at night has changed

Source: PhilStar Aug 7, 2026

It is no longer just inflation, geopolitical uncertainty, cybersecurity threats, supply chain disruptions or the next disruptive technology.

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