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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

320 articles from BusinessWorld

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BusinessWorld

FEU Tech rolls out OpenAI tools

The Far Eastern University Institute of Technology (FEU Tech) said on Friday that it aims to become an artificial intelligence (AI)-native university through a partnership with the research company OpenAI. “AI is no longer an optional skill for students or faculty. The opportunity here is leadership,” FEU Tech Senior Executive Director Benson Tan said in […]

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BusinessWorld

Maximum salary loan term now at seven years

THE CENTRAL BANK has increased the maximum repayment period for salary-based loans to seven years to give employees financial flexibility while also ensuring responsible borrowing. This comes amid long-time calls from teachers asking for longer loan terms to help ease their financial burden. “The Bangko Sentral recognizes the helpful role of salary-based, consumer lending schemes […]

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BusinessWorld

Approved building permits fall 6.8% in April

By Heather Caitlin P. Mañago, Researcher Building permit approvals fell by 6.8% in April, dragged by weaker residential construction and developers’ caution amid high borrowing and construction costs, the Philippine Statistics Authority (PSA) reported. Preliminary data showed building projects covered by the permits totaled 13,677 in April from the revised 14,676 a year earlier. The […]

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BusinessWorld

Experts call to end mercury use in cosmetic products

The Chamber of Cosmetics Industry of the Philippines (CCIP) brought together experts for “Breaking the Cycle: Ending Mercury Use in Skin Lightening Products” at the World Trade Center in Pasay City on Thursday. According to Ateneo School of Medicine and Public Health (ASMPH) Center for Research and Innovation program head Gemmin Louis C. Apostol, mercury […]

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BusinessWorld

BSP looking into BPI online banking outage

THE BANGKO SENTRAL ng Pilipinas (BSP) is looking into the downtime that affected Bank of the Philippine Islands (BPI) earlier this week to ensure the full restoration of services. “(T)he BSP is aware of the recent service disruptions experienced by BPI clients and is actively coordinating with the bank to ensure that appropriate measures are […]

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BusinessWorld

LPA intensifies into tropical depression, may further strengthen into typhoon

The low pressure area recently being monitored has developed into a tropical depression and may further intensify into a typhoon, potentially triggering the hoisting of storm Signal No. 1 over some areas, according to the state weather bureau on Friday. The tropical depression developed at around 2 a.m. and will be named Francisco once it […]

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BusinessWorld

Rapid AI adoption shifting PHL workplace focus to human-centered value

PHILIPPINE ORGANIZATIONS are increasingly prioritizing artificial intelligence (AI) literacy as focus shifts from mere productivity to value-driven, human-centered outcomes. “There are a lot of factors that organizations really look at in terms of adopting AI, but what we do know is that 36% of organizations as of the first quarter of the year have already […]

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BusinessWorld

BSP sets rules for digital financial marketplace activities

THE BANGKO SENTRAL ng Pilipinas (BSP) has released guidelines covering banks’ and electric money issuers’ (EMIs) digital marketplace activities, paving the way for them to offer products on a single platform to make the financial sector more inclusive and customer-centric. Circular No. 1237 Series of 2026 signed by BSP Governor Eli M. Remolona, Jr. on […]

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