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Philippines Business News

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

2123 articles across all sources

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Manila Times Business

Remittix Confirms Major Exchange Launch Price At $0.35 Minimum For RTX

MAJURO, Marshall Islands, July 05, 2026 (GLOBE NEWSWIRE) -- Remittix has confirmed that RTX will launch on major exchanges at a minimum price of $0.35, marking one of the biggest updates yet for the project and its presale community. The announcement has immediately placed RTX back in the spotlight as holders now have a clearer view of how the token will be positioned when exchange trading begins. For a project that has already built strong attention around crypto-to-fiat payments, platform test

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BusinessWorld

Shares may rise further despite lingering risks

PHILIPPINE STOCKS may sustain their momentum this week on expectations of easing inflation, but investors may stay cautious over geopolitical developments and macroeconomic risks. On Friday, the Philippine Stock Exchange index (PSEi) jumped by 1.01% or 62.31 points to close at 6,188.03, while the broader all shares index rose by 0.83% or 27.91 points to […]

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Manila Times Business

Think tank calls for stronger AFP modernization ahead of arbitral award anniversary

MANILA, Philippines — A policy think tank has called on the government to accelerate the modernization of the Armed Forces of the Philippines (AFP), saying the country must strengthen its defense capabilities to address evolving security challenges in the West Philippine Sea (WPS) a decade after its landmark legal victory against China. The Stratbase Institute made the appeal ahead of a high-level conference on July 10 commemorating the 10th anniversary of the 2016 arbitral award, which in

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Manila Times Business

PhilSports hosts Alex Eala Wimbledon 4th round, Gilas vs Australia public live viewing

MANILA, Philippines — The PhilSports Arena in Pasig hosts a free public live viewing of Alex Eala's Wimbledon fourth round match against Jasmine Paolini as well as Gilas Pilipinas' FIBA World Cup Asian qualifiers match against Australia On Monday. Gates open at 5:30 p.m. on a first-come first-served basis. The event is organized by the Philippine Sports Commission in partnership with the Metropolitan Manila Development Authority (MMDA) and Cignal.

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BusinessWorld

Impeachment process seen as crucial as verdict as VP Duterte’s trial starts

THE Senate’s handling of Vice-President (VP) Sara Duterte-Carpio’s impeachment trial will be as important as the verdict itself because it will shape future impeachment proceedings, test the country’s democratic institutions, and influence public confidence in the rule of law, political analysts said.

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BusinessWorld

China sanctions on PHL Defense chief ‘unhelpful’

PRESIDENT Ferdinand R. Marcos, Jr. on Sunday criticized China’s decision to sanction Defense Secretary Gilberto C. Teodoro, Jr., calling the move “very unhelpful” and saying it raises tensions instead of helping manage disputes in the South China Sea. “The declaration by Beijing of Secretary Teodoro as persona non grata… is very unhelpful, in my view,” […]

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BusinessWorld

PHL-Canada partnership may boost tech ties

TECHNOLOGY, critical minerals and security cooperation are expected to drive the Philippines’ strategic partnership with Canada, analysts said, after the two countries elevated bilateral ties during President Ferdinand R. Marcos, Jr.’s official visit to Vancouver.

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BusinessWorld

Flood control probe not done yet

THE government is far from finished investigating alleged multibillion-peso flood control anomalies, President Ferdinand R. Marcos, Jr. said, claiming the corruption scheme his administration exposed predates his term in office. Speaking during a livestreamed news briefing in Vancouver, Canada on Saturday (Sunday, Manila time), Mr. Marcos rejected allegations of his own involvement in the irregularities, […]

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BusinessWorld

Law vs violent extremism sought

SENATE President Sherwin T. Gatchalian on Sunday said there is a need to draft a law countering nihilistic violent extremism (NVE), citing a rise in reported minor-inflicted violence following the deadly Tacloban school shooting. In a press statement, Mr. Gatchalian expressed openness to working with the Department of Justice in crafting the policy on NVE […]

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BusinessWorld

Isabela rice aid drives farm economy

ILAGAN CITY, Isabela — Isabela’s flagship Rice Assistance Program is emerging as an economic lifeline for both farmers and consumers, with the provincial government recently expanding free rice distribution to nearly 1,000 more Education department personnel, while guaranteeing a market for locally produced palay (unmilled rice). A total of 999 teaching and non-teaching employees in […]

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BusinessWorld

SC affirms Nippon Express tax win

THE Supreme Court (SC) has upheld an order suspending the collection of P81.35 million in alleged deficiency taxes from Nippon Express Philippines Corp., ruling that the Court of Tax Appeals (CTA) properly suspended collection after the tax agency tried to enforce the assessment before the payment deadline had lapsed. In a nine-page decision promulgated on […]

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BusinessWorld

Dumuloc dam to help 1,484 farmers

BUGALLON, Pangasinan — Nearly 1,500 farmers in Bugallon, Pangasinan will have year-round irrigation once the Dumuloc Small Reservoir Irrigation Project (SRIP) is completed. Top officials of the National Irrigation Administration (NIA) inspected the progress of the project, expected to provide a stable water supply to about 1,632 hectares of farmland across nine villages, helping 1,484 […]

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BusinessWorld

Wanted top BIFF leader killed in Maguindanao del Norte shootout

COTABATO CITY — The top leader of a faction in the now-defunct Bangsamoro Islamic Freedom Fighters (BIFF), with a P3 million reward on his head, was killed in a clash with soldiers and policemen in Sultan Kudarat, Maguindanao del Norte before dawn on Sunday. Major Gen. Jose Vladimir R. Cagara, commander of the Army’s 6th […]

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BusinessWorld

UMIC classification seen as draw for foreign investors

THE Department of Trade and Industry (DTI) said the Philippines’ reclassification as an upper-middle income country (UMIC ) is expected to attract more foreign investment. In a statement on Sunday, the DTI said UMIC status is a “powerful green light for international capital.” “This upgraded classification is set to strengthen the country’s credit profile, boost […]

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BusinessWorld

Laurel to seek P220-billion agriculture budget for 2027

AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. said the Department of Agriculture (DA) is proposing a P220-billion budget for 2027, which would exceed the indicative ceiling given to the department of P160 billion. Mr. Laurel said budget priorities include the Animal Competitiveness Enhancement Fund (AnCEF), which requires a P20-billion annual budget. The AnCEF aims to […]

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BusinessWorld

ADB designates Philippines as potential recipient of technical assistance to boost AI readiness

THE PHILIPPINES is among 12 economies covered by a proposed regional technical assistance project which will strengthen those countries’ artificial intelligence (AI) readiness, according to the Asian Development Bank (ADB). The project, known as Advancing Artificial Intelligence Readiness through Infrastructure, Solutions, and Enabling Skills, will seek to strengthen AI infrastructure, accelerate AI adoption, and build […]

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BusinessWorld

Philippines in talks to partner with Canadian nuclear engineering company AtkinsRéalis

THE Department of Trade and Industry (DTI) said it is in talks for a possible nuclear energy tieup with AtkinsRéalis, a Canadian engineering and technology firm. Trade Secretary Cristina A. Roque and Finance Secretary Frederick D. Go met with AtkinsRéalis executives on the sidelines of President Ferdinand R. Marcos, Jr.’s working visit to Canada last […]

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BusinessWorld

Philippine air cargo congestion could undermine business confidence, management group warns

THE GOVERNMENT must invest in modern cargo infrastructure and streamline customs operations further, warning that congestion at the main gateway airport could erode business confidence, the Management Association of the Philippines (MAP) said. “MAP is seriously concerned by the growing congestion at NAIA’s cargo facilities. While this may appear to be an operational issue today, […]

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BusinessWorld

Is your business keeping pace with the changing tax environment?

Tax compliance is no longer a routine back-office function, instead becoming a strategic priority for organizations navigating heightened regulatory scrutiny.

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