Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
2261 articles across all sources
Property tax exemptions granted to farm storage facilities
THE Department of Agriculture (DA) said it and the Department of the Interior and Local Government (DILG) signed a joint memorandum circular exempting farm storage facilities from local real property taxes. Agriculture Secretary Francisco P. Tiu Laurel, Jr. and Interior and Local Government Secretary Juanito Victor C. Remulla, Jr. conducted a ceremonial signing at the DA’s […]
Read more →PHL construction industry posted strong start in 2025 but faded late — Hearn & Hearn
THE construction industry’s performance in 2025 was a “tale of two halves,” with a strong start driven by infrastructure and industrial investment eventually fading due to significant headwinds and a cooling economy, according to Hearn & Hearn Consulting. The firm noted that the initial half of the year saw strong expansion in construction output, supported […]
Read more →RMC No. 55-2026: Every tax return tells a story
Not judging a book by its cover is surely an overused piece of advice, but its wisdom endures. Readers will know that a book’s essence is not found on its cover. The details woven throughout its pages are what bring the story to life. The same principle applies to tax compliance. It’s the supporting details […]
Read more →Coalition questions INC rally backing senator facing P75-M plunder lawsuit
A COALITION of civil society organizations, church leaders, sectoral groups and political parties on Wednesday questioned the Iglesia ni Cristo (INC)-led rally at the EDSA People Power Monument in Quezon City, saying public assemblies should not be used to influence legal proceedings involving elected officials. “Why should any politician need tens of thousands of people […]
Read more →Senate links Tacloban attack to online extremist group
INITIAL FINDINGS presented at a Senate hearing on Wednesday showed that the June 22 school shooting in Tacloban City might have been influenced by an online extremist network that grooms vulnerable children into committing violent acts, Senator Ana Theresia “Risa” N. Hontiveros-Baraquel said.
Read more →Marcos vows sustained funding for Philippine Air Force modernization
PRESIDENT Ferdinand R. Marcos, Jr. on Wednesday pledged sustained funding for the Philippine Air Force (PAF) as the government accelerates efforts to boost the country’s territorial defense amid an increasingly challenging regional security environment. The modernization program includes the planned acquisition of long-range patrol aircraft, more Black Hawk and Bell 412 EPX helicopters, advanced surveillance […]
Read more →CPBRD: Funding gap limits aid for Pinoys
THE PHILIPPINES’ widening funding shortfall and rising debt are limiting the government’s ability to provide adequate financial assistance to millions of households hit by the Middle East oil crisis, according to a June discussion paper by the Congressional Policy and Budget Research Department (CPBRD) of the House of Representatives. The government’s strained fiscal position limits […]
Read more →Marcos sticks to Canada travel plan
PRESIDENT Ferdinand R. Marcos, Jr. will proceed with his scheduled visit to Canada to bolster bilateral relations and secure new agreements in critical economic sectors, Malacañang said on Wednesday. Palace Press Officer Clarissa A. Castro said the President sees no reason to postpone the trip scheduled for July 1 to 4, amid rumors of destabilization […]
Read more →Estrada, Bonoan graft hearing reset
THE Sandiganbayan on Wednesday reset to July 14 the proceedings of the graft case against Senator Jose “Jinggoy” P. Ejercito Estrada, Jr. and former Public Works Secretary Manuel M. Bonoan amid plans to name the latter a state witness. The case before the anti-graft court’s Second Division stems from allegations of irregularities in P213 million […]
Read more →Myanmar urged to free ex-leader
THE Department of Foreign Affairs (DFA) on Wednesday renewed its push for the release of Burmese prisoner Daw Aung San Suu Kyi as Myanmar rejected the Philippine special envoy’s bid to meet the detained former leader. In a statement sent via WhatsApp, Association of Southeast Asian Nations (ASEAN) Spokesperson Dominic Xavier M. Imperial said Secretary […]
Read more →PHL extends Taiwan visa policy
THE Manila Economic and Cultural Office (MECO) on Tuesday evening announced that the Philippines has extended the visa-free entry for Taiwan passport holders until 2027 to observe reciprocity in visa-free privileges with the said country. In an advisory, the MECO said Taiwan passport holders may stay in the Philippines for 14 days without visa until […]
Read more →Smart Prepaid launches new 'Power All' offers to power Gen Z side quests
Recognizing that today’s Gen Z users move fluidly from one side quest to the next, Smart Prepaid has enhanced its Power All promos to empower them to stay connected to the apps that matter most to them.
Read more →BPI customers can now deposit, withdraw cash for free at supermarkets, convenience stores
More than 1,360 partner stores – including supermarkets, convenience stores, pharmacies, and gas stations – already offer cash deposit and withdrawal services for BPI customers
Read more →Issuer announcement
London Stock Exchange Date: 1 July 2026 Issuer announcement The Issuer, Ringkjøbing Landbobank A/S, has the 23 June 2026 carried out an early redemption of: Series no. 28, Issue of EUR 15,000,000, Senior Non-Preferred, ISIN XS2357537666, issue date: 23. June 2021 and first call date: 23. June 2026 The Issuer will apply that the bond is removed from the London Stock Exchange and the FCA’s official list. Yours faithfully Ringkjøbing Landbobank A/S Attachment Issuer announcement 2026-07-01 EN
Read more →BLUETTI Expands into New Zealand with Renewable Portable Power Solutions
WELLINGTON, New Zealand, July 1, 2026 /PRNewswire/ -- Clean energy pioneer BLUETTI has officially entered the New Zealand market on 1 July. With a dedicated website, domestic on-shore warehousing, and local customer support, the expansion brings a comprehensive suite of sustainable backup solutions to Kiwi consumers and businesses nationwide. BLUETTI Officially Enters New Zealand Market Clean Power for the Kiwi Lifestyle BLUETTI's portable power solutions have already taken Australia by storm, w
Read more →PH beats Iran to kick off pool play in AVC Girls’ U18
MANILA, Philippines — THE Philippines defeated Iran, 29-19, 19-25, 25-23, 25-18, for its first victory in Pool C Wednesday in the Asian Volleyball Confederation (AVC) Girls’ U18 Championship at the Terminal 21 Hall in Nakhon Ratchasima, Thailand. Xyz Ellen Rayco topscored with 19 points on 14 attacks, three blocks and two aces, followed by Ma. Ellanie Lorraine Gonzalvo with 15 points on 12 attacks and two aces in the one hour and 50-minute match. Jhaynna Love Bulandres and Adelaine T
Read more →CallTower Earns Microsoft Calling for Teams Advanced Specialization
Recognition validates CallTower's expertise in deploying and managing Microsoft Teams calling solutions for organizations worldwide Modern Work Microsoft Solutions Partner Calling for Microsoft Teams Specialist SALT LAKE CITY, UT, ROCHESTER, NY, MONTREAL, QC, LONDON, July 01, 2026 (GLOBE NEWSWIRE) -- CallTower, a global leader in cloud communications and collaboration solutions, today announced it has earned the Calling for Microsoft Teams Advanced Specialization from Microsoft. This esteemed sp
Read more →SmartKargo powers Akasa Air Cargo’s new mobile app, bringing mobile first cargo management to India
Cloud native cargo platform enables seamless booking, shipment tracking and account management for cargo agents and shippers CAMBRIDGE, Mass., July 01, 2026 (GLOBE NEWSWIRE) -- SmartKargo, the leading cloud native air cargo management platform, today announced the launch of the Akasa Air Cargo mobile app, extending its digital cargo capabilities to mobile devices and enabling cargo agents and shippers to manage shipments anytime, anywhere. Developed on the SmartKargo platform, the Akasa Air Carg
Read more →17a-4 Announces New DataParser Capabilities for Microsoft Teams to Collect Call Recordings, Transcripts and SMS
NEW YORK, July 01, 2026 (GLOBE NEWSWIRE) -- 17a-4 LLC has expanded Microsoft Teams support for DataParser, enabling regulated organizations to collect Teams call recordings, meeting transcripts and SMS content for archiving, eDiscovery and compliance review. Microsoft Teams has become a critical communication and collaboration platform for work, supporting instant messaging, audio and video calling, meetings and mobile workflows. With the addition of call recordings, transcripts and SMS collecti
Read more →Oxford-Harrington Rare Disease Centre Strengthens Rare Childhood Cancer Programme Through Appointment of New Little Princess Trust Professor of Paediatric Oncology
Professor Isidro Cortés-Ciriano, an internationally recognised scientist with extensive experience in childhood cancer research, willaccelerate Oxford-Harrington’s mission to translate discoveries into new therapies for children with rare cancers under new £5.25 million partnership between the University of Oxford and The Little Princess Trust OXFORD, UK and CLEVELAND, Ohio, US, 1st July 2026 - The Oxford-Harrington Rare Disease Centre (OHC), a partnership between the University of Oxford, UK an
Read more →Major shareholder announcement
Major shareholder announcement Netcompany Group A/S ("Netcompany") hereby announces the following notification received pursuant to section 38 of the Danish Capital Markets Act from Danske Bank A/S, regarding their direct and indirect holdings and voting rights in Netcompany. On 30 June 2026, Danske Bank A/S informed Netcompany, that Danske Bank A/S on 29 June 2026 directly and indirectly controlled 2,301,748 voting rights corresponding to 5.00% of the total voting rights in the Company. Their d
Read more →Lee stays low, soars high at ICTSI Pinewoods
MANILA, Philippines – Tiffany Lee overcame the toughest conditions of the week with a gritty one-over-par 73, stretching her lead to four strokes over Harmie Constantino and moving 18 holes away from capturing the ICTSI Pinewoods Challenge crown at Pinewoods Golf and Country Club in Baguio on Wednesday. Battling strong mountain winds that sent shots veering off line throughout the day, Lee relied on patience, controlled ball flight and steady execution to separate herself from the field. "
Read more →Former PNP chief Torre says old video falsely linked to INC rally
MANILA, Philippines — Former Philippine National Police chief Gen. Nicolas Torre III on Wednesday clarified that a video of him urging protesters to remain peaceful was recorded in September 2025 after it was recirculated online with captions claiming it was a message in support of the Iglesia ni Cristo (INC) rally along EDSA. The video, originally uploaded on Sept. 20, 2025, was recorded a day before the Sept. 21, 2025 demonstrations and showed Torre urging rally participants to be carefu
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