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
Philippines to see sluggish growth, rise in unemployment this year, says IMF
THE PHILIPPINES could post the fifth-slowest growth in Southeast Asia this year as weak investment and elevated inflation weigh on economic activity, while unemployment is expected to rise more than previously forecast, the International Monetary Fund (IMF) said.
Read more →Ayala looks to expand partnerships to advance social infrastructure efforts
AYALA CORP. (AC) is looking to expand its partnerships with local government units (LGUs) to bring its social infrastructure initiatives closer to communities and support long-term development.
Read more →Meralco October power rate rises to P15.06 per kWh
RESIDENTIAL customers of Manila Electric Co. (Meralco) will pay more for electricity this October as higher generation charges push up the power distributor’s overall rate.
Read more →House approves Cebu Pacific’s 50-year franchise renewal bill
THE House of Representatives on Monday approved on third and final reading a bill seeking to renew the…
Read more →Semirara questions coal auction rules, cites risk to operations
SEMIRARA Mining and Power Corp. (SMPC) said the Department of Energy’s (DoE) planned coal auction could force it…
Read more →NOW Telecom seeks review of P4-billion NTC fee assessment
NOW Corp. said its associate NOW Telecom Co., Inc. is contesting a P4.04-billion assessment by the National Telecommunications…
Read more →Haus Talk plans Batangas expansion with 16-ha acquisitions
LISTED property developer Haus Talk, Inc. (HTI) plans to acquire two properties in Batangas covering approximately 16 hectares…
Read more →Cebu Landmasters reports nearly 70% sales take-up at Ormoc project
CEBU LANDMASTERS, Inc. (CLI) said nearly 70% of the residential inventory at its Casa Mira Prime Ormoc project…
Read more →Megaworld’s Mactan Newtown gets tourism, investment designation
MEGAWORLD Corp.’s 30-hectare Mactan Newtown township in Lapu-Lapu City, Cebu, has been designated the city’s “Tourism, Culture, and…
Read more →Pag-IBIG, Rockwell Land partner to expand housing financing options
THE HOME Development Mutual Fund (Pag-IBIG Fund) has partnered with Rockwell Land Corp. to make more residential properties…
Read more →Philex to present revised labor offer for Padcal union vote
PHILEX Mining Corp. said it will present a revised labor offer to its Padcal mine workers for another…
Read more →Globe proposes national framework for telecom disaster recovery
GLOBE Telecom, Inc. has proposed a national utility resiliency plan that would establish coordination procedures between government agencies…
Read more →Viber, DoT partner to connect tourists with accredited operators
MESSAGING PLATFORM Rakuten Viber is partnering with the Department of Tourism (DoT) to make accredited local tour operators…
Read more →KonsultaMD, Healthway tie up for LANDBANK employee healthcare
KONSULTAMD, a digital healthcare platform under Metro Pacific Health Tech Corp., has partnered with Healthway Medical Network to…
Read more →Sara’s impeachment trial narrowed to charges of unexplained wealth
THE SENATE impeachment court on Tuesday allowed House of Representatives prosecutors to withdraw three of the four impeachment charges against Vice-President Sara Duterte-Carpio, leaving allegations of unexplained wealth as the sole basis for a possible conviction.
Read more →Marcos trust rating rises to 36%; VP holds at 56%
PRESIDENT Ferdinand R. Marcos, Jr.’s trust rating rose by two percentage points to 36% in September, while Vice-President (VP) Sara Duterte-Carpio kept a substantial lead at 56% despite her impeachment trial, according to a Social Weather Stations (SWS) survey.
Read more →CoA flags P68.9-B accounting gaps, 47,139 vacant NHA housing units
THE Commission on Audit (CoA) flagged P68.92 billion in unreliable receivables at the National Housing Authority (NHA), while…
Read more →ERC suspends reserve market, orders revamp to lower costs
THE Energy Regulatory Commission (ERC) said it halted trading on the reserve market, where backup power is procured…
Read more →Next president urged to focus on infrastructure, curbing corruption
BUSINESS GROUPS said the next president needs to have a clear vision for reform, focusing on mobility infrastructure…
Read more →Licensing rules could limit outsiders from engaging in agri research — PIDS
THE Agriculturists Act could limit the availability of agricultural services and discourage specialists from participating in research and…
Read more →Building materials wholesale price growth in Metro Manila declines to 3-month low
WHOLESALE PRICE growth in September of construction materials in the National Capital Region (NCR) hit a three-month low,…
Read more →Davao transport modernization seen fully operational by 2028
THE Department of Transportation (DoTr) said it expects to begin the full operations of the Davao Public Transport…
Read more →Toyota puts forward new Tamaraw for PUV modernization program
TOYOTA MOTOR Philippines Corp. (TMP) said it is expanding its Next Generation Tamaraw model, positioning it as an…
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