Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
9413 articles across all sources
BSP partners with BDO Foundation, Tagbilaran City amid financial educ push
THE Bangko Sentral ng Pilipinas (BSP) has signed a memorandum of agreement (MoA) with BDO Foundation and the Tagbilaran City government for a partnership to advance financial literacy. “The MoA formalizes cooperation in implementing financial education (fin-ed) initiatives that will help Boholanos make informed financial decisions, build financial health, and improve their economic well-being,” […]
Read more →BI nabs 3 for immigration violations
THE Bureau of Immigration (BI) on Monday said it arrested three foreign nationals in separate operations across Luzon and the Visayas for alleged immigration violations, including overstaying and unauthorized employment. The arrests were carried out on July 1 and 2 by operatives of the BI Intelligence Division and its Regional Intelligence Operations Units in Cainta, […]
Read more →GSIS expands funeral benefit to P50,000
THE GOVERNMENT Service Insurance System (GSIS) has expanded its funeral benefit for government workers and qualified pensioners to P50,000. The funeral benefit was increased from P30,000 previously and is effective for all claims arising from deaths occurring on or after July 13, the state pension fund said in a press release on Monday. “Every family […]
Read more →Mandaluyong firm blacklisted for underweight rice sacks
MALACAÑANG said Monday that the supplier responsible for delivering underweight rice bags in Mandaluyong City has admitted its error, leading the local government to blacklist the firm. The issue involved the government’s rice-giving activity in Mandaluyong City last week, where approximately 50 sacks out of 29,500 distributed were found to contain only eight kilograms of […]
Read more →Police, military tighten security in Cotabato City
COTABATO CITY — The Police Regional Office-Bangsamoro Autonomous Region (PRO-BAR) has mobilized more quick reaction teams to prevent a repeat of the three deadly ambush incidents in three barangays in this city within just two days. A motorcycle-riding police corporal survived an ambush, with only a superficial wound, in busy thoroughfare in this city on […]
Read more →Palace proclaims ecozone expansions in Region IV, Negros Oriental IT Park
PRESIDENT Ferdinand R. Marcos, Jr. proclaimed economic zones in Cavite and Batangas and a new information technology (IT) park in Negros Oriental, the Palace said on Monday. The proclamations designate additional land for existing industrial parks and formalized the creation of a new center for technology services, according to the Presidential Communications Office (PCO). In […]
Read more →Employers back expansion of PhilHealth benefits
THE Employers Confederation of the Philippines (ECoP) said it supports the expansion of benefit packages for members of the Philippine Health Insurance Corp. (PhilHealth). In a statement on Monday, the group urged PhilHealth to provide additional and differentiated benefits to direct contributors. It also asked the government health insurer to remove the 24-hour confinement rule […]
Read more →SSS to offer up to P400,000 worth of solar panel loans
THE Social Security System (SSS) will launch an energy sustainability loan program for residential solar panel installation by the end of the year, with credit of up to P400,000 available to an initial 100,000 households. SSS President Robert Joseph M. de Claro said the proposed Energy Sustainability Loan will initially cover 100,000 households. The loan […]
Read more →Two Davao del Sur fish ports due for completion in 2027
THE Philippine Fisheries Development Authority (PFDA) said on Monday that nearly P190 million has been invested in two municipal fish ports in Davao del Sur that are due for completion next year. Agriculture Secretary Francisco P. Tiu Laurel, Jr. and PFDA Acting General Manager Glen A. Pangapalan inspected the ongoing projects in the municipalities of […]
Read more →PHL ODA portfolio tops $41B at end of 2025
THE Philippines’ active official development assistance (ODA) portfolio totaled $41.84 billion across 452 loans and grants at the end of 2025, with Japan remaining the largest development partner, the Department of Economy, Planning and Development (DEPDev) said. In its 2025 Annual Report, DEPDev said the active ODA portfolio consists of 95 project loans worth $31.7 […]
Read more →Additional agri extension workers expected to improve data-gathering
AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. said he supports rebuilding the Department of Agriculture’s (DA) pool of extension workers to improve the collection of on-the-ground farm data, thereby improving the DA’s responsiveness to issues confronting farmers and fisherfolk. Mr. Laurel said deploying DA personnel would improve forecasting, and shorten response times should constituents report […]
Read more →BIR updates rules for one-time transactions
THE Bureau of Internal Revenue (BIR) said it updated the rules for processing one-time transactions (ONETT) as it moves to standardize procedures and improve the issuance of computation sheets and electronic Certificates Authorizing Registration (eCAR). In Revenue Memorandum Order No. 17-2026, the BIR revised the ONETT processing guidelines involving the sale and donation of real […]
Read more →Palay farmgate price up 28.2% in June
THE farmgate price of dry palay (unmilled rice) rose 28.2% year on year in June to a national average of P21.78 per kilogram, the Philippine Statistics Authority (PSA) reported. Farmgate prices were down 0.7% compared with May levels. Calabarzon (Cavite, Laguna, Batangas, Rizal, and Quezon) posted the largest year-on-year jump in farmgate price in June […]
Read more →GAC Philippines joins CAMPI
GAC International Philippines, a wholly owned subsidiary of Chinese automaker GAC Group, said it was admitted as a member of the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI). In a statement on Monday, the company said its membership will allow it to contribute to the development of national policies to advance the automotive […]
Read more →Navigating the timing changes for VAT refund claims
One of the most overlooked assets on a company’s balance sheet is an unutilized Value-Added Tax (VAT) input balance. For export-oriented businesses and other taxpayers entitled to VAT refunds, these amounts can represent significant cash recovery opportunities. However, many refund claims are delayed, reduced, or denied not because the taxpayer lacks entitlement, but because of […]
Read more →Diesel, kerosene prices seen rising by over P2 per liter – DOE
Fuel price swings continue as DOE said it will soon return to exact adjustments.
Read more →Wrong power bill? ERC clarifies there is no blanket ‘pay first’ rule
Consumers disputing meter errors need not pay the contested amount, while those with unusually high bills may pay only the equivalent of their average monthly bill while the case is under investigation
Read more →Filipino workers are ready for AI – but are businesses? ASUS Co-CEO Samson Hu weighs in
Hu, with a deep engineering background, views the enterprise AI gap as an organizational and structural bottleneck rather than a technological one.
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