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Latest Business News

Latest Business News in the Philippines.

  • Latest Business News 1
    DigiPlus to launch Brazil operations next week

    DIGIPLUS INTEractive Corp. (PLUS) is set to launch operations in Brazil on Sept. 22, its first overseas expansion as part of the company’s global growth strategy. The company will introduce GamePlus as its initial platform in Brazil, featuring over 150 games in both free-to-play and real-money formats, DigiPlus said in a statement on Tuesday. “GamePlus

  • Latest Business News 2
    P20-B wind power project to rise in Northern Samar by 2026

    SINGAPORE-BASED Vena Energy’s local unit Gemini Wind Energy Corp. (GWEC) said it is investing P20.2 billion in a 304-megawatt (MW) wind farm in Northern Samar, slated to start operations in late 2026, to help expand the country’s renewable energy capacity. The Gemini Wind Power Project will span 777 hectares across 15 towns in the province,

  • Latest Business News 3
    AbaCore unit, PNOC eye wind project in Batangas

    SIMLONG Energy Development Corp. (SEDC), a subsidiary of listed AbaCore Capital Holdings, Inc., has signed a deal with state-run Philippine National Oil Co. (PNOC) to study the feasibility of an onshore wind farm in Batangas as part of efforts to expand renewable energy. In a statement on Tuesday, SEDC said it signed a memorandum of

  • Latest Business News 4
    LBC Express settles $39-M convertible debt to CP Briks

    LBC EXPRESS Holdings, Inc. has fully settled its $39-million secured convertible instrument issued to CP Briks Pte. Ltd. in 2017, the listed logistics provider told the stock exchange on Tuesday. In a disclosure to the stock exchange on Tuesday, the company said it has paid off its remaining obligation to CP Briks, a unit of

  • Latest Business News 5
    SEC, DoF sign data-sharing deal to boost transparency in extractive industries

    THE Securities and Exchange Commission (SEC) and the Department of Finance (DoF) signed a data-sharing agreement (DSA) to exchange information on beneficial ownership of companies, supporting international standards for responsible management of natural resources. The initiative, formalized on Sept. 3, is part of the Philippine Extractive Industries Transparency Initiative (PH-EITI), which monitors transparency in mining,

  • Latest Business News 6
    Del Monte Pacific suspended from trading on report filing lapse

    THE Philippine Stock Exchange (PSE) suspended trading of Del Monte Pacific Ltd. (DELM) shares on Tuesday after the company failed to file its annual report for the fiscal year ended April 30. In an Aug. 8 filing, DELM said it could not submit its annual report (SEC Form 17-A) within the deadline, citing complexities arising

  • Latest Business News 7
    STN gets SEC nod for valuation, clears way for PSE listing of unlisted shares

    STENIEL MANUFACTURING CORP. (STN) secured approval from the Securities and Exchange Commission (SEC) for its share valuation, paving the way to issue additional shares and list previously unlisted stock on the Philippine Stock Exchange (PSE). The SEC approval allows STN to apply P247.64 million in advances for the subscription of 123.82 million additional shares at

  • Latest Business News 8
    Globe says new towers completed in Bulacan

    GLOBE TELECOM, INC. said it has added cell towers in Bulacan to expand network coverage. “New towers have been completed in Bulacan, areas that host industrial zones, residential communities, and small enterprises that rely on dependable connectivity to thrive,” the company said in a statement on Tuesday. Globe said the new towers have been completed

  • Latest Business News 9
    How PSEi member stocks performed — September 16, 2025

    Here’s a quick glance at how PSEi stocks fared on Tuesday, September 16, 2025.

  • Latest Business News 10
    CREC switches on P10-B Batangas solar farm with battery storage

    CITICORE Renewable Energy Corp. (CREC) has energized a P10-billion, 197-megawatt-peak solar farm in Batangas with battery storage, marking the company’s first large-scale attempt to deliver baseload-like power from solar. “Our Citicore Solar Batangas 1 is the first in the Philippines to prove that solar can be true baseload power. This is a huge step forward