Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
2354 articles from BusinessWorld
DoLE pressed to uphold P85 NCR wage hike
THE Trade Union Congress of the Philippines (TUCP) on Sunday urged the Department of Labor and Employment (DoLE) to clarify the conflicting implementation of two wage orders in Metro Manila, saying uncertainty over the increases could further fuel worker protests. The labor group said DoLE should uphold National Capital Region (NCR) Wage Order No. 27, […]
Read more →Food security project may expand
THE Investment Coordination Committee-Cabinet Committee (ICC-CC) may expand an ongoing food security project to more regions as the government seeks to address hunger and improve access to adequate nutrition. In a Facebook post, the Department of Economy, Planning, and Development (DEPDev) said the ICC-CC on Sept. 9 deliberated on the proposed geographic expansion of the […]
Read more →Peaceful BARMM elections sought
SENATORS on Sunday have called for the peaceful and orderly conduct of the first parliamentary elections in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) to be conducted on Sept. 14 after four postponements. Senate Majority Floor Leader Juan Miguel F. Zubiri welcomed the upcoming polls, urging the electoral participants and authorities to remain impartial […]
Read more →BSP urges fair treatment of PWDs
BANGKO Sentral ng Pilipinas (BSP)-supervised institutions (BSIs) must ensure their services and operations are not discriminatory toward persons with disability (PWDs), the regulator said. In a memorandum dated Sept. 8, the BSP reminded BSIs of their legal duty to provide fair and equitable treatment to all PWDs and ensure the accessibility of their financial products […]
Read more →Isabela steps up El Niño response
ILAGAN CITY, Isabela — The Isabela provincial government stepped up response to El Niño after more than 118,000 farmers and fisherfolk were initially assessed to have been affected by prolonged dry conditions, with water shortages threatening about 31,000 hectares of farmland. Assistant Provincial Planning and Development Coordinator Lalaine C. Delmendo presented the situation and ongoing […]
Read more →ASF puts Isabela hog raisers’ livelihoods at risk
ILAGAN CITY, Isabela — The livelihood of hundreds of hog raisers is now at risk as African swine fever (ASF) spreads to 18 towns and 85 villages, already affecting 120 raisers across Isabela. The Provincial Veterinary Office said the widening outbreak has prompted the provincial government and local government units (LGUs) to step up containment […]
Read more →La Salle edges NU in UAAP opener
DE LA SALLE University flirted with a disaster before pulling off a great escape act from National University (NU), 89-87, to open its title retention bid on a good note on Sunday in the UAAP Season 89 men’s basketball at the Smart Araneta Coliseum. The reigning champions nearly wasted a 14-point lead in the payoff […]
Read more →Gilas Pilipinas battles powerhouse team China in Aichi-Nagoya, Japan 2026 Asian Games
AN OPPONENT plotting revenge is the most dangerous one.
Read more →WC-bound Filipinas face Uzbekistan in Asian Games
AFTER its beloved Gilas Pilipinas men in basketball, the Philippines deploys its world-class women’s football team into the early battles of the 20th Asian Games (Asiad) in Japan.
Read more →GenSan’s Notre Dame of Dadiangas sees action in Rebisco U18 volleyball
VOLLEYBALL, like any other sports, gives hope to some who are dreaming big dreams. For these girls from Notre Dame of Dadiangas University (NDDU) from General Santos City, it gives them momentary sanctuary from the devastation caused by a super earthquake that hit Southern Mindanao three months ago. “We’ve been hit by the biggest earthquake […]
Read more →US Open men’s final
For all the attention surrounding the resurgence of American men’s tennis, the 2026 United States Open men’s final will ultimately be decided by a German who has spent much of his career trying to establish himself among the sport’s elite. Alexander Zverev reached his second title match at Flushing Meadows by beating Karen Khachanov, 6-3, […]
Read more →PHL stocks may drop further as war risks grow
PHILIPPINE SHARES may extend their decline this week as uncertainties over the Middle East conflict continue to weigh on sentiment, with investors also waiting for fresh trading drivers. On Friday, the bellwether Philippine Stock Exchange index (PSEi) fell by 0.61% or 37.42 points to close at 6,061.81, while the broader all shares index declined by […]
Read more →External debt hits new record at just under $155 billion
OUTSTANDING external debt neared $155 billion to hit a new record, with the National Government (NG) and the private sector taking on new obligations, the Bangko Sentral ng Pilipinas (BSP) said. The BSP reported that the debt stock rose to $154.932 billion in the second quarter, up 5.14% from the first quarter. “Outstanding external debt […]
Read more →Proposed extension of zero-duty EV imports, parts under review
THE GOVERNMENT is reviewing an industry proposal to extend zero import duties on electric vehicles (EVs) and their components beyond 2028, the Department of Trade and Industry said. “We’ll evaluate, as we move closer to 2028, if it was able to achieve the objective to build sufficient demand and put up the infrastructure (for EVs,)” […]
Read more →Balisacan expects employment rebound in 2nd half
THE Department of Economy, Planning, and Development said it expects a rebound in job creation in the coming months, driven by seasonal hiring for the Christmas period and an anticipated recovery in the construction sector. “We expect some recovery in the second half especially in the fourth quarter, because some of the problems in the third […]
Read more →HK economic briefing yields expansion feelers from various companies, Finance dep’t says
SEVERAL foreign companies are looking to expand their operations and investments in the Philippines, including in manufacturing, construction materials and logistics, the Department of Finance (DoF) said. The plans were discussed during Finance Secretary Frederick D. Go’s meetings on the sidelines of the Philippine Economic Briefing in Hong Kong. Taiwan’s Sunonwealth Electric Machine Co. Ltd. […]
Read more →3 regional airports targeted for Swiss challenge by Q1
THE Swiss challenge for the bundled Davao, Bicol, and Siargao airport projects is likely to be held in the first quarter of 2027, the Public-Private Partnership (PPP) Center said. PPP Center Executive Director Rizza Blanco-Latorre said the P21.61-billion unsolicited proposal would first have to undergo review after the original proponent status was awarded. Ms. Latorre […]
Read more →SM Hotels strengthens its gastronomy tourism platform through Conrad Manila’s Filipinas
Conrad Manila’s all female chef-led culinary experience brings regional flavors, Filipino heritage, and contemporary craftsmanship to the table Philippine cuisine is more than a collection of dishes. It is a reflection of the country’s diverse regions, traditions, communities, and stories. Building on its commitment to champion Philippine culinary heritage, SM Hotels and Conventions Corporation (SMHCC) […]
Read more →LPA, southwest monsoon to bring thunderstorms over large parts of the country — PAGASA
A low pressure area (LPA) and the prevailing southwest monsoon may cause thunderstorms in many areas of the country in the next 24 hours, raising the risk of flooding and landslides, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Friday. The trough, or extension, of the LPA may cause thunderstorms over the […]
Read more →Privileged Filipino students outscore disadvantaged peers in science in PISA results
The most socio-economically advantaged 15-year-old Filipino students outperformed their most disadvantaged peers by a notable margin in science in the latest Programme for International Student Assessment (PISA), continuing a trend observed since the country joined the assessment in 2018. The Organisation for Economic Co-operation and Development (OECD) PISA 2025 study showed that socio-economically advantaged students, […]
Read more →Meralco lowers September power rate by 4 centavos/kWh
MORE THAN eight million customers of Manila Electric Co. (Meralco) will see slightly lower electricity bills this month after the power distributor reduced its overall rate as lower ancillary service charges and taxes offset higher generation costs. In a statement on Friday, Meralco said its overall rate declined by P0.0409 per kilowatt-hour (kWh) to P14.7424 […]
Read more →Maynilad, Manila Water rates to rise in Q4
By Sheldeen Joy Talavera, Reporter CUSTOMERS of Maynilad Water Services, Inc. and Manila Water Co., Inc. will pay slightly higher water bills starting Oct. 1 after the regulator approved quarterly adjustments reflecting foreign exchange movements. The Metropolitan Waterworks and Sewerage System Regulatory Office (MWSS RO) approved an increase of P0.08 per cubic meter (cu.m.) for […]
Read more →PAGASA monitors two LPAs amid southwest monsoon
Two low pressure areas (LPAs) are being monitored as the southwest monsoon brings heavy rainfall to three areas and thunderstorms to parts of the country, raising a risk of flooding and landslides, according to the state weather bureau on Friday. The nearer LPA was located 1,040 kilometers west of Southwestern Luzon, the Philippine Atmospheric, Geophysical […]
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