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Philippines Business News

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

2384 articles from BusinessWorld

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BusinessWorld

BSP expects stronger demand for BNPL as more Filipinos turn cashless

DEMAND for buy now, pay later (BNPL) services in the Philippines is expected to grow as more Filipinos turn cashless alongside the continued rise of e-commerce, the Bangko Sentral ng Pilipinas (BSP) said.

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BusinessWorld

Strong El Niño to bring drought across Philippines by March

ALL PHILIPPINE provinces are expected to experience drought conditions by the end of March 2027 amid a strong El Niño, officials said on Monday, urging people to start conserving water.

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BusinessWorld

AboitizPower sells mothballed Navotas power barges to MORE Power

ABOITIZ POWER CORP. (AboitizPower) has sold its mothballed oil-fired power barges in Navotas City to Razon-led MORE Electric…

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BusinessWorld

Haus Talk Q3 profit more than doubles to P313 million

LISTED property developer Haus Talk, Inc. (HTI) reported higher third-quarter attributable net income, driven by increased real estate…

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BusinessWorld

LBC Express secures approval for Blue Eagle stake sale

LBC EXPRESS Holdings, Inc. has received regulatory approval in Taiwan for the sale of all its shares in…

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BusinessWorld

EEI appoints transformation chief in restructuring

LISTED construction firm EEI Corp. announced management changes as part of a restructuring aimed at consolidating its building…

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BusinessWorld

Converge says cable investments limited disruption

CONVERGE ICT Solutions, Inc. said its international submarine cable investments helped it reroute traffic after a cable disruption…

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BusinessWorld

FILRT names Joseph Yap as president, CEO

FILINVEST REIT Corp. (FILRT) Chairman Joseph M. Yap will take over as the company’s president and chief executive…

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BusinessWorld

SM Prime says venue traffic rose 52% through August

SM PRIME Holdings, Inc. said visitor traffic at its major live entertainment venues increased in the first eight…

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BusinessWorld

Globe intelligence, trust chief to step down in January

GLOBE Telecom, Inc. said Chief Intelligence and Trust Officer Anton Reynaldo M. Bonifacio will step down from his…

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BusinessWorld

Casino Plus signs content partnership with game developer Peter & Sons

CASINO PLUS has entered into a content partnership with international game developer Peter & Sons to add selected…

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BusinessWorld

AMLC details P4.4-B transactions involving VP Sara and her husband

BANKS and other financial institutions flagged transactions involving Vice-President (VP) Sara Duterte-Carpio and her husband for suspected links…

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BusinessWorld

CoA flags DHSUD over P13-B funds

THE COMMISSION on Audit (CoA) has flagged the Department of Human Settlements and Urban Development (DHSUD) over P12.95…

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BusinessWorld

More than 7,000 DPWH projects flagged

MORE THAN 7,000 infrastructure projects under the Department of Public Works and Highways’ (DPWH) proposed 2027 budget were…

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BusinessWorld

DoH flags heat risks amid El Niño

THE Department of Health (DoH) on Monday warned that Filipinos should watch out for heat exhaustion and heat…

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BusinessWorld

ERC to extend power bill relief

THE Energy Regulatory Commission (ERC) is set to extend its suspension of electricity service disconnections for another two…

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BusinessWorld

DBM streamlines benefit payment

THE Department of Budget and Management (DBM) has removed the separate request requirement for covered personnel expenses to…

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BusinessWorld

Election policing left to platforms amid AI law gaps

THE Commission on Elections (Comelec) on Monday said it currently relies on partnerships with social media platforms to…

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BusinessWorld

PAGASA marks end of southwest monsoon

The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Monday announced the termination of the southwest monsoon,…

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BusinessWorld

Smoky Singapore gears up to talk money ahead of F1

SINGAPORE — Regional, business, cryptocurrency and sports leaders are meeting in Singapore for a slew of finance-focused conferences…

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BusinessWorld

Southeast Asia among most vulnerable to potential collapse in AI boom

Southeast Asia plus China, Japan and South Korea are more at risk than most economies to any potential…

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BusinessWorld

Trough of Super Typhoon Choi-Wan brings rain over Visayas, Mindanao — PAGASA

The trough, or extension, of Super Typhoon Choi-Wan is expected to bring rains over Mindanao and parts of…

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BusinessWorld

Trump names intelligence chief Clayton as AI czar, to head task force

US PRESIDENT Donald Trump said on Sunday he had named Director of National Intelligence Jay Clayton the administration’s…

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BusinessWorld

OpenAI’s Altman says AI benefits warrant accepting some risks

OPENAI Chief Executive Sam Altman said the benefits of artificial intelligence justify accepting some risks and argued the…

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