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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

9958 articles across all sources

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BusinessWorld

PHL, EU capital tackle FTA

FOREIGN Affairs Secretary Ma. Theresa P. Lazaro on Tuesday said the Philippines is in talks with the European Union’s (EU) capital to fast-track the conclusion of a free trade agreement (FTA), identifying new areas of partnerships on trade and maritime cooperation. At a joint media briefing with Belgium Deputy Prime Minister and Foreign Minister Maxime […]

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BusinessWorld

DSWD readies P5.55-B aid stockpile

THE Department of Social Welfare and Development (DSWD) said on Tuesday it has readied P5.55 billion worth of relief supplies and standby funds as a low-pressure area (LPA) and the southwest monsoon threaten parts of Luzon and the Visayas. DSWD Assistant Secretary Irene B. Dumlao said the agency has placed its field offices on alert […]

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BusinessWorld

Network for mental health pushed

A LAWMAKER on Tuesday called for the formulation of a regional rapid response network for mental health and child protection following the shooting in Tacloban City, which killed three students and injured at least 20 others. In a statement, Leyte Rep. Ferdinand Martin G. Romualdez said he met with officials from the Department of Education, […]

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BusinessWorld

BI cracks down on errant foreigners

THE Bureau of Immigration (BI) on Tuesday warned that foreign nationals who violate Philippine immigration laws will face deportation, blacklisting, and other legal sanctions as it stepped up enforcement efforts in Siargao Island. Immigration Commissioner Joel Anthony M. Viado said the Philippines remains open to legitimate tourists, investors, students, and foreign residents, but those who […]

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BusinessWorld

Nueva Vizcaya expands aid for solo parents

BAYOMBONG, Nueva Vizcaya — Nueva Vizcaya has stepped up its social welfare programs by releasing P6.135 million in cash assistance to 1,227 solo parents and preparing the province-wide rollout of its P20-per-kilo rice program for poor and vulnerable families next month. Provincial Social Welfare and Development Officer Flordelina C. Granada said each beneficiary from the […]

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BusinessWorld

Bangsamoro police continue probe of fatal Lanao del Sur ambush

COTABATO CITY — Police investigators and local executives are still trying to put a closure on the fatal ambush of a soldier and a public school teacher on Saturday, in Barangay Lamin in Malabang, Lanao del Sur. Capt. Steffi P. Salanguit, spokesperson of the Police Regional Office-Bangsamoro Autonomous Region, and Col. Caezar P. Cabuhat, Lanao […]

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BusinessWorld

LANDBANK OKs P800-M loan for Palawan microgrid projects

LAND BANK of the Philippines (LANDBANK) said it approved an P800-million financing package for Archipelago Renewables Corp. (ARC), which plans to develop hybrid renewable energy microgrids in Palawan. The company will build 16 microgrids and a 175-kilometer distribution network capable of supplying electricity to about 7,100 households, more than 300 small businesses, and key community […]

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BusinessWorld

Impact of fertilizer crisis to start showing up in global harvests by 2027, OECD, FAO say

THE fertilizer shortage caused by the Persian Gulf war will start showing up in crops by 2027, the Organisation for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO) said. In their Agricultural Outlook for 2026 to 2035, the two organizations said increased energy prices and reduced fertilizer could lead to the […]

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BusinessWorld

El Niño strategy to focus on irrigation, cold storage

AGRICULTURE SECRETARY Francisco P. Tiu Laurel, Jr. said the Department of Agriculture’s (DA) plans for the looming El Niño will center around irrigation and water impounding projects as well as expanding the cold storage network to preserve the harvest and minimize the need to import. Mr. Laurel said inadequate storage and infrastructure is a major factor […]

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BusinessWorld

Cebu cold storage supply tightening, warehouse leases stable — PRIME

THE supply of cold storage in Cebu is tightening, with a vacancy rate of only 2% of the estimated 105,600 square meters (sq.m.) of leasable pallet positions, PRIME Philippines said in a special market report. The shrinking vacancies at temperature-controlled logistics providers was attributed to rising port activity and changing consumer supply chain preferences. Major […]

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BusinessWorld

Cement industry sets decarbonization targets

CEMENT manufacturers said they plan to cut back on clinker and accelerate the shift to alternative fuels in order to reduce the industry’s carbon footprint. The Cement Manufacturers Association of the Philippines (CeMAP) launched the Philippine Cement and Concrete Industrial Decarbonization Roadmap on June 29, with a target to reduce clinker use to 68% of […]

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BusinessWorld

Philippine pineapple shipments start arriving in UAE

THE Department of Agriculture (DA) said on Tuesday that an 18-metric ton (MT) shipment of fresh MD2 pineapples landed in the United Arab Emirates (UAE). The DA made the announcement after a ceremonial launch held at the Al Aweer Fruit and Vegetable Market in Dubai which was organized by the DA’s Office of the Agricultural […]

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BusinessWorld

BIR, Swiss chamber sign cooperation agreement

THE Bureau of Internal Revenue (BIR) said it signed a memorandum of understanding (MoU) with the Swiss Chamber of Commerce of the Philippines (SwissCham) to collaborate on tax policy and administration. In a statement on Tuesday, the BIR said the MoU establishes a framework for cooperation through regular dialogue, knowledge sharing, technical exchanges, assistance in […]

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BusinessWorld

Private sector seeks easing of merger notification rules for PPPs

THE private sector is pushing for an easing of merger notification requirements for public-private partnership (PPP) projects, citing the need to accelerate infrastructure development, the Philippine Competition Commission (PCC) said. The PCC had conducted focus group discussions among companies, regulators, and investment promotion agencies on the draft rules updating the process for exempting PPP projects […]

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BusinessWorld

PHL firms lag in cybersecurity for AI adoption

Philippine companies still lack cybersecurity strategies to protect their businesses as they increase their adoption of artificial intelligence (AI), according to a global AI and cybersecurity firm. “A lot of companies are jumping on the bandwagon. Everyone’s talking about it; everyone’s curious to know more about AI,” Palo Alto Networks Country Director Bernadette L. Nacario […]

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Rappler Business

Sugar farmers, workers seek audit of RSSI funds as pest continues to ravage Negros farms

At least 16,019 hectares of sugar farms on Negros Island, mostly in Negros Occidental, are affected by red-striped soft scale insect (RSSI) reinfestation

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Investing.com PH

Fed’s Hammack says rate hikes possible if inflation persists

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Manila Times Business

EARLY CLOSURE OF SUBSCRIPTION PROCESS FOR 6TH TRANCHE OF UAB "KVARTALAS" BONDS

UAB "Kvartalas”, legal entity code 305475438, with its registered address at Jogailos st. 4, Vilnius, Lithuania, hereby announces that, due to sufficient investor demand, it has been decided to close the subscription process for the offering of the 6th tranche of bonds (ISIN LT0000411167) with effect from the time of this announcement. New subscription orders are no longer accepted. As of the time of this announcement, Nasdaq Exchange Members shall not accept any new subscription orders from inv

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Manila Times Business

Lee breaks through the mist, grabs 2-shot lead with 69

MANILA, Philippines – A thick blanket of fog rolled in and out of Pinewoods Golf and Country Club on opening day, repeatedly halting play and adding an eerie unpredictability to an already demanding layout. Through the shifting visibility and mounting pressure, 17-year-old Tiffany Lee stayed composed just long enough – and struck just boldly enough – to seize control of the ICTSI Pinewoods Challenge. Lee closed with a three-under 69, highlighted by a blistering late stretch tha

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Manila Times Business

Final Tickets Released for Sydney's Acclaimed Sistine Chapel Immersive Experience - Don't miss it

Sistine Chapel, SYDNEY, AUSTRALIA - Final Weeks | Closes July 19 SYDNEY, June 30, 2026 /PRNewswire/ -- With school holidays approaching and demand continuing to build, the final release of tickets for Sistine Chapel: Revelations - An Immersive Exhibition is now available. Sistine Chapel Revelations: Projection Room Since opening at St Mary's Cathedral, tens of thousands of visitors have stepped inside this groundbreaking immersive experience, drawn by its combination of breathtaking visuals, pow

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Manila Times Business

Alstom appoints Yann Maixandeau as Managing Director for East Asia

Yann Maixandeau will lead Alstom's operations in East Asia Cluster, covering Hong Kong, Korea, Malaysia, Philippines, Singapore, Thailand, Taiwan, and VietnamWith nearly two decades at Alstom, Yann has built extensive international leadership experience across strategy, operations, finance and project management in Singapore, Malaysia, India, South Africa, France and BrazilSINGAPORE, June 30, 2026 /PRNewswire/ -- Alstom, global leader in smart and sustainable mobility, has appointed Yann Maixand

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Manila Times Business

Qashier Turns Profitable on US$1 Billion in Annual Payment Volume, Raises US$6.125 Million to Accelerate Regional Expansion

The Singapore-headquartered merchant operating system grew annualised recurring revenue 61% in 2025 and turned profitable across four Southeast Asian markets on a lean capital base. SINGAPORE, June 30, 2026 /PRNewswire/ -- Qashier, a unified merchant operating system for Southeast Asia, today announced a US$6.125 million Series A+ financing round comprising equity and debt. The round was led by Cocoon Capital, IFP Securities and BlackSoil Global, with participation from strategic angel investors

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Manila Times Business

Stock indices as of June 30, 2026

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Manila Times Business

Ja Morant is headed to Portland after the Memphis Grizzlies trade the 2-time All-Star

Ja Morant is headed to Portland, after the Trail Blazers and Memphis completed a trade Monday night that sees the Grizzlies starting anew and gives the two-time All-Star a chance to revive his career. Portland sent forwards Jerami Grant and Kris Murray to the Grizzlies as part of the deal. It’s a big swing by the Trail Blazers and could suggest Portland — with new owner Tom Dundon, whose Carolina Hurricanes just won the Stanley Cup — might not be done making moves. Morant adds

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