Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1264 articles from PhilStar Business
PERA contributors surge nearly fivefold
The number of Filipinos enrolled in Personal Equity and Retirement Accounts (PERA) rose by nearly five times as of end-June, driven by a sharp increase in self-employed contributors and wider access to the voluntary retirement savings program.
Read more →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 →From Makati to Trieste: In pursuit of coffee mastery
Usually, you will find Rosario Juan brewing coffee at her café along Polaris Street in Makati. But last May, Juan found herself some 10,000 kilometers away, trading her familiar brewing station for one in Italy.
Read more →Not similarly situated
Earlier this month, a Bangko Sentral ng Pilipinas circular mandating BSP-supervised financial institutions (BSFIs) to adopt reasonable and cost-based pricing for digital transfers took effect.
Read more →Philippine ranks 3rd in intangible investment growth – WIPO
The Philippines ranked as the world’s third fastest-growing economy for intangible investments, according to a report from the World Intellectual Property Organization (WIPO).
Read more →Philippines secures $60 million grant from MCC
The US Millennium Challenge Corp. (MCC) has approved a $60 million grant for the Philippines to advance energy security and governance reforms, according to the Department of Finance (DOF).
Read more →PTTC joins Net Zero Carbon Alliance
The Philippine Trade Training Center (PTTC), the training and capacity-building arm of the Department of Trade and Industry (DTI), formally joined the Net Zero Carbon Alliance (NZCA) through the signing of a memorandum of understanding held recently at the Micro, Small and Medium Enterprises (MSME) Hub in Makati.
Read more →Retirement age is not a number
The other day, as a board member of a company, I was consulted for my opinion on extending our executive retirement age from 60 to 65.
Read more →Rigged bidding? ERC to tighten oversight of power supply auctions
The Energy Regulatory Commission (ERC) is moving to impose an added layer of scrutiny on power supply procurements by reviewing auction terms before bidding begins.
Read more →Science to spur next wave of economic growth – Balisacan
It is science, technology and innovation that will spur the next wave of economic growth in the Philippines, the country’s chief economic planner said Wednesday, urging academicians to move their research beyond the classroom and into communities where it will be more impactful.
Read more →US DFC eyes investments in Philippine transport, energy, mining
The US International Development Finance Corp. (DFC) is looking at potential investments in the Philippines in the areas of transport infrastructure, energy and mining under its $205 billion investment program.
Read more →US DFC eyes investments in Philippines transport, energy, mining
The US International Development Finance Corp. (DFC) is looking at potential investments in the Philippines in the areas of transport infrastructure, energy and mining under its $205 billion investment program.
Read more →LIST: Flights canceled on July 11 due to 'Inday'
The Civil Aviation Authority of the Philippines announced the cancellation of several international flights due to the effects of Typhoon Inday (international name: Bavi).
Read more →Agricultural trade deficit narrows to $988 million in May
The deficit in the country’s farm goods trade declined by 6.4 percent year-on-year in May, as agricultural exports far outweighed imports.
Read more →Concert economy goes to Cebu
All roads lead to the newly opened SM Seaside Cebu Arena today, July 11, as the world-famous BINI, the Nation’s Girl Group, takes the Queen City of the South by storm for the arena’s opening salvo.
Read more →DoubleDragon set to open Japan hotel in December
DoubleDragon Corp., the listed company chaired by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, is poised to make history this year by opening the first Filipino hotel in Japan.
Read more →Effective one-on-one meets
What do you call an employee who can smile through any Monday?
Read more →EVs still on the rise
Every time I see an electric vehicle on the road, I find myself asking whether owning one is really worth it.
Read more →FDI inflows plunge to $250 million in April
Foreign direct investment (FDI) net inflows slumped to their lowest level in almost a decade in April, the Bangko Sentral ng Pilipinas (BSP) said, as global uncertainties kept investors in a cautious stance.
Read more →Lance Gokongwei joins PhilWeb board
Tycoon Lance Gokongwei has joined the board of directors of PhilWeb Corp. following his strategic investment of P2.03 billion in the listed gaming service provider.
Read more →Pax Silica gains pace as United States, Philippines push AI hub
The United States and the Philippines are eager to move fast on building an artificial intelligence (AI) industrial hub in New Clark City under the Pax Silica initiative, that will help position the latter as a significant player in emerging technologies and create more jobs for Manila.
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