Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
2378 articles from BusinessWorld
EO seeks nat’l carbon market plan
PRESIDENT Ferdinand R. Marcos, Jr. directed the Department of Environment and Natural Resources (DENR) to draft a national…
Read more →CoA flags unliquidated OVP liquidated funds
THE Commission on Audit (CoA) flagged the Office of the Vice-President (OVP) for the delayed liquidation of millions…
Read more →DTI says no need for price freeze on bottled water
THE Department of Trade and Industry (DTI) said there is no need to impose a price freeze on…
Read more →PHL low birth weight rate rises to 18.6% — PSA
THE SHARE of infants born with low birth weight in the Philippines rose to 18.6% in the 2023-2025…
Read more →PHL coffee production may fall below 30,000 MT
Philippine coffee production is projected to fall below 30,000 metric tons in 2026, as rising temperatures hit farming…
Read more →Shape of Pope Leo’s papacy more uncertain after cancer diagnosis
VATICAN CITY — When US Cardinal Robert Prevost emerged on the balcony of St. Peter’s Basilica in May…
Read more →UPS unveils largest PHL investment with $80-million Clark logistics hub
Logistics giant United Parcel Service, Inc. (UPS) has unveiled its new $80-million international air hub in Clark, Pampanga,…
Read more →Philippine cash remittances drop to 3-month low in August
MONEY sent home by migrant Filipinos grew by 1.9% year on year in August to $3.035 billion, the…
Read more →Eight US states sue OpenAI, claiming ChatGPT harms young users
A BIPARTISAN group of eight states said on Wednesday they had sued OpenAI in courts across the country…
Read more →Judge extends White House access for CNN, MS NOW, Politico amid legal fight
WASHINGTON — A federal judge extended access to the White House for CNN, MS NOW and Politico journalists,…
Read more →Two ships sink near Hormuz after being hit by projectiles amid surge in attacks
LONDON — A container ship and a dry bulk carrier have both sunk near the Strait of Hormuz…
Read more →Trump says he hopes Pope Leo will ‘get better fast’
BULLHEAD CITY, Arizona — President Donald Trump said on Wednesday he hoped that Pope Leo, who has been…
Read more →Inflation may top 8% on Super El Niño
PHILIPPINE INFLATION could accelerate past 8% in the fourth quarter if a severe El Niño materializes, worsening supply disruptions and fueling broader price increases, Chinabank Research said.
Read more →Philippine condo developers bend terms, not prices
PHILIPPINE property developers are offering longer payment terms and financing incentives instead of cutting condominium prices, as high mortgage rates and a record inventory of unsold units weigh on residential sales, property consultants said.
Read more →BSP adopts new global standard for operational risk capital requirements
PHILIPPINE BANKS must now account for their past losses in computing their operational risk capital as the Bangko…
Read more →PCCI urges reforms to boost Philippine competitiveness
THE PHILIPPINE Chamber of Commerce and Industry (PCCI) urged the government to prioritize reforms to develop economic corridors,…
Read more →Duterte camp claims P500M wasted on dropped impeachment charges
VICE-PRESIDENT (VP) Sara Duterte-Carpio’s camp on Wednesday said the withdrawal of two impeachment charges had wasted about P500 million in taxpayers’ money, a figure disputed by Senator Panfilo M. Lacson, who said it represented the Senate’s regular operating expenses rather than the cost of the trial.
Read more →Trump to visit Manila for ASEAN summit in November
US PRESIDENT Donald J. Trump will visit Manila for the Association of Southeast Asian Nations (ASEAN) summit in November, Malacañang said on Wednesday, as the Philippines and the US negotiate an agreement for a multibillion-dollar technology hub in New Clark City.
Read more →Senate eyes December budget approval amid spending concerns
THE SENATE aims to finalize its version of the P7.2-trillion national budget for 2027 by the second week…
Read more →CoA flags P40-B SSS paper losses
THE COMMISSION on Audit (CoA) flagged nearly P40 billion in unrealized investment losses at the Social Security System…
Read more →China told: Stop illegal sea claims
DEFENSE Secretary Gilberto C. Teodoro, Jr. on Wednesday said China must demonstrate sincerity, stop asserting territorial claims that…
Read more →Four in 10 expect Sara conviction
ABOUT 44% of voters expect the impeachment trial to result in Vice-President Sara Duterte-Carpio’s conviction against 31% who…
Read more →DSWD to launch water filtration kits
THE government is set to roll out household water filtration kits and establish community water depots nationwide as…
Read more →