Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1488 articles from PhilStar Business
Trade balance improves as deficit narrows to lowest in 15 months
The country’s trade deficit in August narrowed to its lowest level in over a year as exports grew faster than imports, according to the Philippine Statistics Authority.
Read more →British Chamber urges clarity on pork tariffs
Following the Department of Agriculture’s reported proposal to increase the tariffs on imported pork and frozen pork jowl, the British Chamber of Commerce Philippines echoed the statements of industry associations and urged more clarity on tariff rules to avoid inflationary pressures and shortage in supply, considering that local production remains under recovery due to the presence of the African Swine Fever.
Read more →Metro Manila water allocation cut as Super El Niño looms
Metro Manila’s water supply allocation will be reduced starting October as the government prepares for the potential impact of Super El Niño.
Read more →‘3 in 5 Pinoys want 5G service all the time’
At least three in five Filipinos are demanding 5G service all the time, wherever they go, from their network providers, and are willing to pay a premium for it.
Read more →Air France makes return trip to Manila
France’s flag carrier is resuming weekly flights between Manila and Paris in October, opening a direct service to Europe from the Philippines in time for holiday demand.
Read more →Alternergy raises P2 billion from maiden notes issue
Alternergy Holdings Corp. has wrapped up its maiden venture into the local debt market, raising P2 billion through the issuance of fixed-rate notes that drew strong investor demand.
Read more →DA lifts poultry import ban on Albania, Indiana
The Department of Agriculture has lifted its temporary import ban on Albania and the US state of Indiana following the resolution of their respective outbreaks of high pathogenicity avian influenza or bird flu.
Read more →‘Data residency law to drive up investments in data centers’
Requiring local storage of applications and information, even those held by the private sector, would encourage data center builders to move here and list publicly, industry players said.
Read more →DOE orders monthly fuel cost reports
Oil firms are now required to submit monthly reports on the cost components of liquefied petroleum gas and kerosene as part of the review of the excise tax suspension.
Read more →Financial system resources climb to P38 trillion
The total resources of the Philippine financial system rose by nearly 10 percent to P38.09 trillion in July, driven largely by the continued expansion of banks, data from the Bangko Sentral ng Pilipinas showed.
Read more →Government raises P84.9 billion from retail bonds
The national government raised an initial P84.9 billion from its latest retail Treasury bond offering, with investor demand exceeding the original offer by more than six times.
Read more →Government to borrow P892 billion from domestic market
The government plans to borrow P892 billion from the domestic market in the fourth quarter as it spreads out its issuances amid geopolitical tensions, the Bureau of the Treasury said.
Read more →GSIS chief named Asia’s Modern Hero for public service
Government Service Insurance System president and general manager Wick Veloso has been named Asia’s Modern Hero for his distinguished contribution to “Public Service and Financial Leadership.”
Read more →Housing program
No one honestly believed BBM’s housing program would be any better than his predecessors’.
Read more →Meralco starts auction for 900-MW baseload power
Power utility giant Manila Electric Co. is seeking bidders for a 15-year contract to supply 900 megawatts of baseload electricity.
Read more →PCC adopts digital filing to ease legal procedures
The Philippine Competition Commission has adopted the electronic filing and service of documents, as well as the conduct of videoconferencing proceedings under new rules to streamline processes.
Read more →PSEi extends decline as oil price soars
The local stock market tumbled for a second straight day as elevated crude prices continued to dampen investor sentiment.
Read more →SEC opens market to structured warrants
The Securities and Exchange Commission is broad ening the range of investment products available to investors in the country by introducing structured warrants.
Read more →Security Bank retail banking head steps down
The retail banking head of Security Bank Corp. is stepping down in December as the lender undertakes a broad leadership reorganization involving more than a dozen senior officers.
Read more →YCO Cloud, Aolani to roll out 10,000 NVIDIA AI units in Philippines
Digital infrastructure company YCO Cloud has partnered with Singapore-based firm Aolani to bring the country’s first NVIDIA Blackwell Ultra GPUs, aimed at strengthening the Philippines’ AI capacity.
Read more →New electric bill format to reflect VAT-exempt system loss charges
In the new bill format, the allowable system loss charges are separately identified and excluded from gross sales for VAT computation.
Read more →PackPrintPlas Philippines 2026 leads to addressing the industry’s evolving demands
The event is expected to host more than 300 exhibitors from across the Philippines and beyond.
Read more →Trends and ReadyLinks say IR and hospitality sectors can modernize connectivity infrastructure sans expensive overhauls
Introducing an integrated methodology toward modernizing network capabilities for IRs and hotels.
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