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Philippines Business News
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2373 articles from BusinessWorld
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BusinessWorld
ASEAN urged to update IP laws to shield creatives from generative AI
THE Association of Southeast Asian Nations (ASEAN) needs to update its intellectual property (IP) frameworks to protect the creative industry from generative artificial intelligence (AI), Isla Lipana & Co./PwC Philippines said. Speaking at a briefing, PwC Philippines Managing Partner for Deals and Corporate Finance Mary Jade T. Roxas-Divinagracia said current regional and national IP frameworks […]
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Globe brings 917 GDay 2026 Love Overload closer to communities nationwide
Globe is taking 917 GDay 2026 closer to customers. This year’s Love Overload will be showing up in…
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Watchdog identifies P970-billion in ‘red flags’ within proposed 2027 budget
The People’s Budget Coalition (PBC) said it has identified P970 billion in red flag items within the government’s…
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Ombudsman files graft raps vs Villars over PrimeWater deals
The Office of the Ombudsman has filed graft and administrative complaints against members of the Villar family and…
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Malaysia optimistic on PHL tourism market despite fuel surcharge rise
Malaysia remains optimistic about the Philippines as a key tourism source market despite higher fuel surcharges that could…
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STARLUX Airlines projects triple-digit passenger growth in 2026
Taiwan’s STARLUX Airlines said that it is projecting ‘triple-digit’ passenger growth in 2026, up from approximately 75% recorded…
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At least one dead, four injured in school shooting in southern Philippines
MANILA — At least one person was killed and four others injured in a shooting at a high school in the southern Philippines on Friday, the provincial governor said. The incident follows two shootings since June at schools in the south of the country. School shootings were previously rare in the Philippines. The Department of […]
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UP to ask lawmakers to restore P29.5-billion budget
Amid a looming P2.95-billion budget cut for the University of the Philippines (UP) under the 2027 proposed budget, the university will ask lawmakers to restore its P29.5-billion budget from last year to prioritize the completion of buildings under construction and strengthen its research capacity, according to its top official on Friday. “There is a budget […]
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Tony Parker finds familiar passion in Philippines return
Tony Parker has traveled the world through basketball, but only twice has that journey brought him to the Philippines. A decade after his first visit, one thing still stood out to the four-time NBA champion above everything else. “The people,” Parker said during a visit to the ArenaPlus booth at the inaugural NBA House Philippines […]
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French prosecutors and regulators step up scrutiny on smart glasses
PARIS — Paris prosecutors have opened a criminal probe into suspected sexual harassment involving smart glasses, while French data protection authorities have received complaints from businesses, as countries around the world grapple with the devices’ social impact. There are several smart glasses available, but US tech giant Meta’s glasses made in collaboration with EssilorLuxottica are […]
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PHL hopeful for positive response from US on forced-labor talks
MANILA is hopeful for a positive response from Washington as negotiations continue over the 12.5% US tariff imposed on Philippine exports due to concerns over goods allegedly tied to forced labor imports. At a news briefing ahead of the upcoming 58th ASEAN Economic Ministers’ Meeting held on Friday, Trade Undersecretary Allan B. Gepty said the […]
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VIOMI Philippines unveils global smart water filter innovations for Filipino homes and businesses
Global AI water technology brand VIOMI Philippines introduces its first three smart water filter models designed to provide Filipino households and businesses with advanced filtration technology, intelligent features, and a more convenient drinking water experience. During the VIOMI Philippines Founding Partner Dinner, Mr. Khelvin P. Cruz presented the brand’s initial product lineup featuring the VIOMI […]
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Taiwan Excellence Pavilion 2026 brings innovation and business opportunities to Manila
Taiwan’s latest innovations are taking center stage in Manila as the Taiwan Excellence Pavilion opens during Taiwan Expo 2026, running from Sept. 17 to 19 at the SMX Convention Center in Pasay City. Carrying the campaign “Empowering a Smarter Future,” the Taiwan Excellence Pavilion brings together 50 Taiwan Excellence-awarded products from 24 top Taiwanese brands across four key categories: Intelligent […]
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Puregold marks 28 years of retail growth, gives back to loyal customers
Marking 28 years of sustained retail growth and market leadership, leading supermarket chain Puregold Price Club, Inc. is launching a grand anniversary celebration this September, giving away exciting rewards designed to make every loyal customer feel valued. Puregold’s anniversary celebration rollout comes as it marks a 3.7% year-on-year sales growth in the first half of […]
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KGOC Sportsfest The Finale 2026: Seven years of unity, strength, and care for employees
The Kryzl Group of Companies (KGOC) successfully held “KGOC Sportsfest The Finale 2026,” marking the colorful conclusion of its annual sports competition for employees. For seven years, KGOC has continued to organize the Sportsfest as part of its commitment to employee welfare. The event provides employees with an opportunity to take a break from their […]
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LPA hits Palawan, affects Visayas and other areas amid storm Dujuan
A low pressure area (LPA) is affecting Palawan and causing thunderstorms in seven areas, posing a risk of flash floods and landslides amid the continued presence of severe tropical storm Dujuan, the state weather bureau said on Friday. “The LPA was located over Dumaran, Palawan and is currently traversing Palawan,” Leanne Loreto, weather specialist of […]
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DoE terminates coal block auction
THE DEPARTMENT of Energy (DoE) will no longer pursue its planned coal block auction this year, which would have included the country’s largest mine operated by Semirara Mining and Power Corp. (SMPC).
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Philippine growth seen picking up in second half — World Bank
PHILIPPINE ECONOMIC growth could pick up in the second half as public infrastructure spending accelerates and inflation eases, bringing the government’s full-year growth target within closer reach, a World Bank economist said.
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OFW remittances in peril amid Middle East war risks
REMITTANCE FLOWS from overseas Filipino workers (OFWs) are likely to remain subdued until yearend as overseas deployment slows and renewed hostilities in the Middle East create more volatility, banks said.
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NSCR full operations pushed back to 2033
THE North-South Commuter Railway (NSCR) is now targeted to be fully operational by 2033 after the Economy and Development (ED) Council approved amendments to the project, with partial operations expected to start in December 2027. The full operations of the NSCR are now targeted to start by the third quarter of 2033, later than the […]
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IV of Spades takes top Awit Award nods
THE four-piece band IV of Spades took home the top prizes — Song of the Year for “Aura” and Album of the Year for Andalucia — at this year’s Awit Awards which were held on Sept. 15 at the SM Mall of Asia Arena in Pasay City. Another track, “Monster,” won Best Sound Engineer Recording.
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Banks’ assets grow at end-July
ASSETS held by the Philippine banking industry expanded by over 10% year on year as of end-July, driven by sustained growth in lending and deposits, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
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NGCP eyes completion of P23.5-B grid projects
THE National Grid Corp. of the Philippines (NGCP) is targeting the completion of six transmission projects worth about P23.5 billion by yearend as the grid operator works to address transmission reliability amid power supply constraints. At a briefing on Thursday, NGCP Assistant Vice-President Cynthia P. Alabanza said the company had already completed five transmission projects […]
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