Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
10033 articles across all sources
PCCI urges reforms to boost Philippine competitiveness
THE PHILIPPINE Chamber of Commerce and Industry (PCCI) urged the government to prioritize reforms to develop economic corridors,…
Read more →Duterte camp claims P500M wasted on dropped impeachment charges
VICE-PRESIDENT (VP) Sara Duterte-Carpio’s camp on Wednesday said the withdrawal of two impeachment charges had wasted about P500 million in taxpayers’ money, a figure disputed by Senator Panfilo M. Lacson, who said it represented the Senate’s regular operating expenses rather than the cost of the trial.
Read more →Trump to visit Manila for ASEAN summit in November
US PRESIDENT Donald J. Trump will visit Manila for the Association of Southeast Asian Nations (ASEAN) summit in November, Malacañang said on Wednesday, as the Philippines and the US negotiate an agreement for a multibillion-dollar technology hub in New Clark City.
Read more →Senate eyes December budget approval amid spending concerns
THE SENATE aims to finalize its version of the P7.2-trillion national budget for 2027 by the second week…
Read more →CoA flags P40-B SSS paper losses
THE COMMISSION on Audit (CoA) flagged nearly P40 billion in unrealized investment losses at the Social Security System…
Read more →China told: Stop illegal sea claims
DEFENSE Secretary Gilberto C. Teodoro, Jr. on Wednesday said China must demonstrate sincerity, stop asserting territorial claims that…
Read more →Four in 10 expect Sara conviction
ABOUT 44% of voters expect the impeachment trial to result in Vice-President Sara Duterte-Carpio’s conviction against 31% who…
Read more →DSWD to launch water filtration kits
THE government is set to roll out household water filtration kits and establish community water depots nationwide as…
Read more →Corruption, economy top PHL concerns
CORRUPTION in government and concerns over the economy are the leading issues the government should prioritize, according to…
Read more →SC: Senior citizen discounts cannot be stacked on promo rates
SENIOR citizens may choose between a promotional discount and the mandated 20% discount, whichever offers greater savings when…
Read more →Binding UN treaty sought to hold multinationals accountable for abuses
A LAWMAKER on Wednesday called for a legally binding international treaty that would hold multinational corporations accountable for…
Read more →Baguio eyes transport overhaul, but jeepney groups demand safeguards
BAGUIO CITY — Baguio is eyeing a major public transport overhaul promising more reliable rides, wider route coverage…
Read more →64 minors benefit from BARMM’s anti-child labor program
COTABATO CITY — Another big group of child laborers, struggling to earn something for their schooling and to…
Read more →PSC chairman pushes for amendment to charter
THE Philippine Sports Commission (PSC) chairman on Wednesday raised the need to amend its charter which only focuses…
Read more →BoC still on target despite October broker protests
THE Bureau of Customs (BoC) said it remains on track to meet its P1.011-trillion collection target this year…
Read more →AI countermeasures pitched as necessary shield against scams
INDUSTRIES will need to adopt artificial intelligence (AI) to deter fraud, with scams becoming more sophisticated, according to…
Read more →Navotas feeder BRT enters financing negotiations, RoW acquisition stage
THE Department of Transportation (DoTr) said its P1.8-billion Navotas Feeder line, a bus rapid transit (BRT) project connecting…
Read more →DoF urges ASEAN, WB to collaborate in packaging investable infra, AI projects
FINANCE SECRETARY Frederick D. Go said Southeast Asian economies need to mobilize more private capital for infrastructure, artificial…
Read more →Vietnam rice import permit canceled after low-grade rice found in 5% broken shipment
THE Department of Agriculture (DA) said it canceled the rice import permit covering a 12,480-metric ton (MT) shipment…
Read more →DBM rejects link between budget utilization, effective service delivery
GOVERNMENT AGENCIES can spend 98% of their budgets and still fail to deliver meaningful results, Acting Budget Secretary…
Read more →DoF’s Go calls for evolving relationship between UMICs, multilateral institutions
FINANCE SECRETARY Frederick D. Go urged multilateral lenders to offer more flexible financing to countries transitioning to upper-middle…
Read more →Reclaiming VAT: Good news for exporters
Tax issuances rarely bring good news. Yet for qualified export-oriented enterprises, Revenue Memorandum Circular (RMC) No. 96-2026 may…
Read more →Term deposit yield edges up as market prices in rate hike view
THE AVERAGE YIELD on the Bangko Sentral ng Pilipinas’ (BSP) term deposits inched up on Wednesday despite strong…
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