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
Philippines seeks US funding for Bicol rail revival
The Philippines is turning to the US to find a potential backer for a P175-billion railway between Manila and Bicol, hoping Washington will pick up a project formerly contracted to Beijing.
Read more →‘Price pressures to keep BSP on rate-hiking path’
Headline inflation may have already peaked, but persistent underlying price pressures, wage adjustments and looming food supply risks could keep the Bangko Sentral ng Pilipinas (BSP) on a tightening path for the rest of the year, economists said.
Read more →Telco boosts multi-layered defenses to protect customers vs scams
As providers strengthen safeguards against spoofed SMS, malicious links and SIM-based fraud, scammers continue to adapt their tactics, making the fight against digital fraud an ongoing effort rather than a one-time solution.
Read more →Continued bargain hunting to support PHL stocks
PHILIPPINE STOCKS may sustain their climb this week, supported by continued bargain hunting, but renewed tensions in the Middle East and the lack of fresh leads could keep investors cautious. On Friday, the Philippine Stock Exchange index (PSEi) jumped by 1.01% or 62.83 points to close at 6,286.70, while the broader all shares index rose […]
Read more →BoI weighs P9 billion in fiscal support for RACE program
THE Board of Investments (BoI) said it is proposing P9 billion worth of fiscal support for its Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, which is designed to address continued demand for gasoline-powered vehicles. “(RACE is) supposed to be a bridge of the CARS (Comprehensive Automotive Resurgence Strategy) and the EVIS (Electric Vehicle […]
Read more →Travel options constricted by war, thin budgets to domestic, regional destinations, Klook says
THE FILIPINO appetite for travel remains strong, though many have shifted their focus to domestic destinations and nearby Asian countries to limit spending, according to travel booking platform Klook.
Read more →DICT issues bid invitation for P473-million fiber optic project
THE Department of Information and Communications Technology (DICT) said it set aside P473.14 million for a contract to provide internet connectivity services in public places via fiber optic networks. In a bid notice, the DICT said it the contract will be funded out of its 2026 budget, and covers 560 locations in North Luzon for […]
Read more →ERC rejects claim it is ‘playing favorites’ with RE
THE Energy Regulatory Commission (ERC) said it does not favor any specific energy technology in approving power supply contracts, adding that its decisions hinge on selecting the least-cost option. “We do not play favorites when it comes to contracts…especially if the contract was procured through a CSP (competitive selection process) — it is the least […]
Read more →Agri infra PPP schemes seen potentially mitigating risk for private-sector investors
THE public-private partnership (PPP) mode of investing in infrastructure for agricultural could be viable if the government takes the lead in dealing with the permit process or ropes in grassroots organizations, a development researcher said.
Read more →Energy dep’t resumes waste-to-energy auction
THE Department of Energy (DoE) said it resumed activities to mount the special green energy auction (GEA) round for waste-to-energy (WTE) projects after a brief suspension to revise the terms of the auction. In a statement, the DoE said it lifted the suspension imposed last month, paving the way for the resumption of all auction-related […]
Read more →Go wants more GOCCs to join ‘billion-peso club’
THE Department of Finance (DoF) said it hopes more government-owned and -controlled corporations (GOCCs) join the list of state-owned companies that remit over P1 billion worth of dividends to the national Treasury next year. “We look forward to more GOCCs joining the Billionaire’s Club. Twenty next year,” Finance Secretary Frederick D. Go told reporters on […]
Read more →Fiscal, current account deficits expected to continue until 2028
THE Philippines is expected to continue running fiscal and current account deficits through 2028, with economists warning that sustained government spending will be needed to help keep the domestic private sector in surplus and avoid a financial crisis. In a paper, Lessons from Sectoral Financial Balances for Philippine Crises, De La Salle University Economists Jesus […]
Read more →Ten strategic opportunities shaping technology in 2026
As 2026 unfolds, technology companies are operating in an environment shaped by rapid artificial intelligence (AI) adoption, increasing geopolitical complexity and growing pressure to deliver measurable business outcomes.
Read more →Philippines, allies reaffirm 2016 South China Sea ruling on 10th anniversary
FOURTEEN countries led by the Philippines on Sunday said the landmark 2016 South China Sea arbitral ruling remains final and legally binding, reinforcing international support for the decade-old decision as Beijing continues to reject the award and assert its claims in the disputed waterway.
Read more →Money trail, intent hinder PHL plunder convictions
RECENT HIGH-PROFILE plunder cases before the Sandiganbayan have underscored the difficulty of securing convictions under the country’s anti-corruption laws, with analysts saying prosecutors continue to struggle to trace illicit funds and prove criminal intent beyond reasonable doubt.
Read more →Senator-judges seen showing restraint in VP impeachment trial’s opening week
By Kaela Patricia B. Gabriel THE Senate impeachment court’s presiding officer and senator-judges have largely demonstrated impartiality during the opening week of Vice-President (VP) Sara Duterte-Carpio’s impeachment trial, although analysts said the outcome remains unlikely to favor conviction given the Senate’s political makeup. “Some may have explicitly presented their points but overall, the whole impeachment […]
Read more →Typhoon Inday kills at least 18
AT LEAST 18 people have died due to drowning and landslides as Typhoon Inday, with international name Bavi, and an enhanced southwest monsoon battered parts of the Philippines, the disaster agency said on Sunday. The National Disaster Risk Reduction and Management Council (NDRRMC) reported in its 6 a.m. situation update that the fatalities included 10 […]
Read more →Congress urged to scrap standby fund
UNPROGRAMMED APPROPRIATIONS (UA) should no longer receive funding while their constitutionality remains pending before the Supreme Court (SC), House Senior Deputy Minority Leader Leila M. de Lima said after the Cabinet approved the proposed 2027 National Expenditure Program (NEP). “As long as the SC has not issued a ruling on the constitutionality of the UA, […]
Read more →Gov’t issues rules for SUC funds
THE government has issued guidelines for releasing funds to state universities and colleges (SUCs) to settle free higher education (FHE) funding deficiencies covering academic years 2022-2023 to 2024-2025. In Joint Memorandum Circular No. 2026-01, the Department of Budget and Management, Commission on Higher Education (CHED) and Unified Student Financial Assistance System for Tertiary Education (UniFAST) […]
Read more →VP’s remarks showed ‘capability,’ not mere threat, House prosecution spokesperson says
VICE-PRESIDENT (VP) Sara Duterte-Carpio’s remarks against President Ferdinand R. Marcos, Jr., his wife and cousin allegedly demonstrated “capability” rather than a mere threat, Lanao del Sur Rep. Ziaur-Rahman A. Adiong said on Sunday. In a statement, Mr. Adiong, who is also the spokesperson for the House prosecution panel, said in a DZRH interview that the […]
Read more →PMA gets P380M for modern warfare lab
THE Philippine Military Academy (PMA) secured P379.48 million in funding for its Modern Warfare Laboratory as part of the Philippine Amusement and Gaming Corp.’s (PAGCOR) support for military modernization. In a statement sent over the weekend, PAGCOR said the funding was obtained from Bloomberry Cultural Foundation, Inc. (BCFI) on July 10. The project involves the […]
Read more →Baguio logs 41 COVID-19 cases this year
BAGUIO CITY — Baguio City has recorded 41 confirmed coronavirus disease 2019 (COVID-19) cases so far this year, with Mayor Benjamin B. Magalong saying the city has seen a noticeable increase in infections since May but stressing that the situation remains under control. Mr. Magalong said the circulating virus is still COVID-19 and that nearly […]
Read more →Eala home ahead of hardcourt season
AND the Filipina tennis rockstar is back home. Following her breakout campaign in the grand grasses of Wimbledon, Alexandra “Alex” Eala on Sunday returned to the Philippines in a hero’s welcome as she’s set for a short stay to meet fans before flying to the United States for the hardcourt swing. “Is this really all […]
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