Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
2378 articles from BusinessWorld
CoreWeave’s slump spotlights growing burden of debt behind AI boom
SHARES of Nvidia-backed CoreWeave steadied on Thursday after a sharp slump, as investors worried about the debt financing…
Read more →Indonesian rescue center takes in more orangutans as fires rage
KETAPANG, Indonesia — In the jungles of Indonesian Borneo, a rehabilitation center is taking in more orangutans as…
Read more →UN chief frontrunner Rebeca Grynspan says UN has ‘become too risk-averse’
UNITED NATIONS — The United Nations has become too risk-averse and its next leader must be prepared to…
Read more →Rubio urges Lebanon to not return confiscated explosives to Hezbollah, US official says
WASHINGTON — US Secretary of State Marco Rubio spoke with Lebanese President Joseph Aoun about the confiscation of…
Read more →Nurturing a comprehensive approach to improving breast cancer care
By Krystal Anjela H. Gamboa, Special Features and Content Writer Breast cancer remains a major public health concern…
Read more →Electric vehicles gain ground as energy crisis accelerates Philippine electric mobility
Sometimes, everything that an industry needs to springboard to prosperity is a world in crisis. Similar to how…
Read more →Bringing affordable, quality housing closer to Filipinos
A home provides families with security and a place to build their future. Yet, for many Filipinos, owning…
Read more →Building Bacolod with Bayanihan: Robinsons Land looks beyond its developments
The Bacolod City Government and Robinsons Land Corp. (RLC) signed a memorandum of agreement on Oct. 8 to…
Read more →Philippines’ cash remittance growth below 2% for third month
MONEY SENT HOME by migrant Filipinos grew by less than 2% for the third straight month in August, as lingering geopolitical tensions continued to weigh on remittance flows and overseas worker deployment, analysts said.
Read more →Oil shocks, El Niño may threaten Philippine economic recovery in 2027 — World Bank
THE PHILIPPINE economy’s recovery next year will hinge on a rebound in public investment, although prolonged energy price shocks and climate-related disruptions such as the “Super El Niño” could derail growth, the World Bank said.
Read more →Philippine peso sinks past P63 per dollar for first time
THE PHILIPPINE PESO breached the P63-per-US-dollar level for the first time on Thursday, as hot US inflation data bolstered bets that the US Federal Reserve could keep rates higher for longer.
Read more →ERC removes capacity limits for power plants to boost electricity supply
POWER GENERATORS can now build larger power plants after the Energy Regulatory Commission (ERC) removed capacity limits to boost electricity supply, encourage investments and foster greater competition.
Read more →Cash remittances settle to three-month low in August
MONEY SENT HOME by migrant Filipinos grew by less than 2% for the third straight month in August,…
Read more →PCC fines onion traders P1.76B after cartel probe
THE Philippine Competition Commission (PCC) said it imposed a record fine of P1.76 billion on onion traders found…
Read more →DoE says 15% bioethanol blend being considered
THE GOVERNMENT is considering raising the mandatory bioethanol blend in gasoline to 15% (E15) to help temper pump…
Read more →BIR clarifies tax treatment rules for senior citizen drug discounts
THE Bureau of Internal Revenue (BIR) said it imposed a burden-sharing rule on companies in the drug supply…
Read more →More expressway companies sounded out on rebate scheme for trucks hauling agri goods
THE Department of Agriculture (DA) said it is sending feelers to more toll road operators about a rebate…
Read more →NLEX-C5 Northlink segment hits 96% completion
NLEX CORP. said it has hit the 96% completion milestone for the NLEX-C5 Northlink Segment 8.2. The two-kilometer…
Read more →WB agrees to compress timeline for PHL financing
THE Department of Finance (DoF) and the World Bank (WB)have agreed to shorten processing times on Philippine financing…
Read more →ASEAN sovereign wealth funds to hear energy transition pitches in Nov. forum
THE Maharlika Investment Corp. (MIC) said the Philippines will be the venue for the first ASEAN Sovereign Wealth…
Read more →PCG drives Chinese boats off Lawak Island amid renewed sea tensions
THE PHILIPPINE Coast Guard (PCG) drove away a Chinese fishing vessel and four smaller boats found fishing in…
Read more →Child advocates oppose social media ban, seek stronger safeguards
CHILD PROTECTION and mental health advocates on Wednesday opposed a blanket social media ban for minors, warning that restrictions could drive children to less regulated online platforms without addressing cyberbullying, sexual exploitation and other risks.
Read more →Senate to scrutinize House budget amendments, restore project funding
THE SENATE will scrutinize questionable spending changes in the House of Representatives-approved P7.2-trillion national budget for 2027 and…
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