Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
2370 articles from BusinessWorld
P5,000 allowance for government employees pushed
A LAWMAKER on Tuesday said the Personnel Economic Relief Allowance (PERA) of government employees should be increased to…
Read more →BI arrests American sex offender in Cebu
THE Bureau of Immigration (BI) arrested an American national in Cebu wanted by US authorities to face a…
Read more →Filipinos in Bavaria bus accident discharged
FILIPINO tourists injured due to a bus accident on Germany’s A96 highway have been discharged from various hospitals…
Read more →PDEA agents seize P20.4-M drugs in Tawi-Tawi operation
COTABATO CITY — Agents of the Philippine Drug Enforcement Agency (PDEA) and police personnel seized P20.4 million worth…
Read more →Shares extend losses as geopolitical risks weigh
PHILIPPINE SHARES continued to decline on Tuesday as investors grew more cautious amid heightened geopolitical tensions, with higher…
Read more →SRA downgrades projection for sugar output to 1.662 million MT
THE Sugar Regulatory Administration (SRA) lowered its sugar production projection for this crop year to 1.662 million metric…
Read more →Oil firms ordered to file cost reports every month after excise tax freeze
THE GOVERNMENT will require oil companies to submit monthly cost data on certain petroleum products after suspending the…
Read more →DENR’s Cuna makes pitch to UN panel for expanded loss and damage finance
DEPARTMENT of Environment and Natural Resources (DENR) Secretary Juan Miguel T. Cuna called for a substantial increase in…
Read more →Wholesale price growth accelerates further in Aug.
PRICE GROWTH of wholesale goods accelerated to 3.5% in August, driven by increased energy costs and the follow-on…
Read more →Unilab Foundation symposium pushes for stronger LGU health systems
The Unilab Foundation convened its first Executive Symposium on Sept. 28 to examine how national and local governments…
Read more →DA-BFAR boosts women’s livelihoods in Daram through solar salt production
From processing fish and squid to producing salt, women in Daram, Samar are turning the island municipality’s abundant…
Read more →OpenAI shelves new AI model release over safety concerns
OPENAI has scrapped the release of GPT-6.1 Astra, a next-generation AI model planned for an October debut, after…
Read more →Globe Telecom bets on AI for next billion-dollar business
By Neil Jerome Morales Globe Telecom Inc. is betting the artificial intelligence boom can turn its data-center venture…
Read more →MARSTEK INFINITY Solar Panel Brings Next-Generation Solar Technology to Thousands of Filipino Homes Nationwide
As renewable energy adoption continues to accelerate across the Philippines, homeowners and businesses are becoming more selective when…
Read more →Anthropic warns AI may pose ‘existential risks to humanity’ in IPO filing
ANTHROPIC plans to caution potential investors in its IPO that advanced AI could pose “catastrophic or existential risks…
Read more →US, Iran separately talk with mediators in latest bid to end war
US and Iranian officials spoke separately with mediators on Monday as part of a renewed effort to end…
Read more →Colombia held discussions with IMF, including on securing financing, sources say
BOGOTA — The Colombian government has held a series of technical advance discussions with officials from the International…
Read more →Protesters demand Spanish government limit evictions, pensioner to return home
MADRID — The Spanish octogenarian whose eviction last week has triggered nationwide protests over Spain’s housing crisis will…
Read more →ITCZ drenches Visayas, Mindanao, Palawan — PAGASA
Thunderstorms are expected in Visayas, Mindanao and Palawan due to the effects of the Intertropical Convergence Zone (ITCZ),…
Read more →Philippine vehicle sales slump in August amid bad weather
By Beatriz Marie D. Cruz, Senior Reporter PHILIPPINE AUTOMOTIVE SALES slumped to a four-month low in August, as…
Read more →World Bank says fiscal reforms could unlock up to 7.1% of PHL GDP
By Katherine K. Chan, Reporter THE PHILIPPINES could generate savings and additional revenues equivalent to as much as…
Read more →BIR officially suspends excise tax on LPG and kerosene
THE BUREAU of Internal Revenue (BIR) on Monday suspended the excise tax on liquefied petroleum gas (LPG) and…
Read more →Diesel prices fall by at least P7 per liter
MOTORISTS will see a fuel price rollback this week, with diesel declining by at least P7.57 per liter,…
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