Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1861 articles from BusinessWorld
Disco nostalgia returns onstage
OVER FOUR decades since two movies came out based on songs by OPM legend Hotdog — Bongga Ka, ’Day! (1979) and Annie Batungbakal (1980), both starring Nora Aunor — a jukebox musical adaptation will hit the stage meant for both the young and young at heart.
Read more →Hotel operators expand VisMin portfolios through 2029
HOTEL OPERATORS are expanding their portfolios across the Visayas and Mindanao through 2029, supported by resilient domestic tourism demand and improving occupancy rates despite the Philippines falling short of its foreign visitor target in 2025, according to a Colliers Philippines report. The property consultancy said improving occupancy rates and stronger domestic travel continue to underpin […]
Read more →Chile: A role model for the Philippine economy
This year, 2026, we will be celebrating the 80th anniversary of diplomatic relations between the Philippines and Chile.
Read more →Lost in fields of flowers: Art as an emotional landscape
ARTISTS are drawn to explorations of the beauty, tension, and quiet chaos that come with personal growth. At Provenance Art Gallery in Rockwell, on display is the emotional landscape of a woman feeling the pressures of caring for her father and her children. Into the Unseen Garden, an exhibit of paintings by Solenn Heussaff, reflects […]
Read more →BTr rejects all bids for T-bonds as market asks for higher yields
THE GOVERNMENT rejected all bids for the reissued Treasury bonds (T-bonds) it offered on Tuesday amid weak demand and as players asked for higher yields due to lingering geopolitical concerns. The Bureau of the Treasury (BTr) did not award the reissued 10-year bonds it auctioned off as total demand reached just P18.057 billion, below the […]
Read more →SEC’s proposed CRA overhaul seen boosting corporate bond market
THE Securities and Exchange Commission’s (SEC) proposed overhaul of rules governing credit rating agencies (CRAs) could become one of the country’s more significant capital market reforms by strengthening investor confidence, encouraging more companies to tap the bond market, and supporting its long-term development, according to an analyst. Toby Allan C. Arce, head of sales trading […]
Read more →The arbitral award as a living mandate: The continuing fight for the West Philippine Sea and the rule of law
Numerous sectors commemorated the 10th anniversary of the ruling of the Permanent Court of Arbitration on the Philippine petition on the South China Sea last Sunday. Government agencies and civil society, including academic and artist communities, had their own ways of remembering the arbitral ruling that should have settled the issue of the West Philippine […]
Read more →Exhibit tackles the past, present, and future of Korea’s hanbok
FILIPINOS are familiar with Korean culture. From K-pop to samgyupsal, Korea’s influence can be felt in many aspects of everyday life in the Philippines. As these cultural touchpoints continue to take root, so too does curiosity about Korea’s history and traditions increase.
Read more →Global Dominion Financing books 10% profit increase on broad-based growth
GLOBAL Dominion Financing, Inc. (GDFI) recorded a 10% increase in its 2025 net income, driven by broad-based growth. The financing company’s net profit went up to P882 million last year from P799 million in 2024, it said in a statement on Tuesday. Return on equity was at 32% as of end-2025. This came as total […]
Read more →PSE to drop Robinsons Retail from three indices on July 16
THE Philippine Stock Exchange (PSE) will remove Robinsons Retail Holdings, Inc. (RRHI) from the PSE Dividend Yield Index, PSE MidCap Index, and Services Index effective July 16 after the retailer’s trading was suspended following the completion of its tender offer ahead of its voluntary delisting. RRHI’s removal will temporarily reduce the number of constituents in […]
Read more →Platform aims to boost visibility of Filipino apps
A PLATFORM created by a Filipino software developer aims to help local app makers gain visibility as artificial intelligence (AI) lowers barriers to software development and fuels a surge in new applications.
Read more →PHL stocks slip further on fresh Mideast concerns
PHILIPPINE SHARES slipped further on Tuesday as investor sentiment soured on worsening tensions in the Middle East, which have led to higher global oil prices. The Philippine Stock Exchange index (PSEi) fell by 0.15% or 9.70 points to close at 6,256.02, while the broader all shares index went down by 0.09% or 3.29 points to […]
Read more →NBI witness says ‘Operation Romanov’ narrative came from VP Sara’s camp
A NATIONAL Bureau of Investigation (NBI) official told the Senate impeachment court on Tuesday that investigators determined the term “Operation Romanov” originated from Vice-President (VP) Sara Duterte-Carpio’s camp and understood it as a purported threat against the First Family rather than the Vice-President.
Read more →PHL distances itself from US campaign against ICC
THE Philippines on Tuesday distanced itself from a campaign by the administration of US President Donald J. Trump urging countries to leave the International Criminal Court (ICC), saying Washington’s latest position on the Hague-based tribunal is a matter of American policy and that Manila would continue to follow its own laws. “The policy of the […]
Read more →PHL pushes ASEAN Myanmar peace plan as chairman
THE PHILIPPINES, as this year’s Association of Southeast Asian Nations (ASEAN) chairman, is pushing for faster implementation of the regional bloc’s five-point consensus (5PC) on Myanmar and will lead a humanitarian assistance mission to the conflict-hit country later this year, the Department of Foreign Affairs (DFA) said on Tuesday. Foreign Affairs Secretary Ma. Theresa P. […]
Read more →Drilon: Misuse at heart of budget dispute
FORMER Senate President Franklin M. Drilon told the Supreme Court on Tuesday that the constitutional issue surrounding unprogrammed appropriations lies in how the funds are released and used, not in Congress’ authority to include them in the national budget. Appearing as a friend of the court during oral arguments on petitions challenging provisions in the […]
Read more →2027 budget backs Marcos agenda
THE proposed 2027 national budget will contain projects aligned with government priorities and are ready for immediate implementation, Executive Secretary Ralph G. Recto said. In a statement on Tuesday, Mr. Recto said the proposed 2027 National Expenditure Program (NEP) remains under review following a full Cabinet discussion last week. He said the review aims to […]
Read more →Stronger AI governance pushed
THE APEC Business Advisory Council (ABAC) has called for enhanced regional cooperation and the establishment of common digital standards to protect Filipinos and the wider Asia-Pacific region from the rise of artificial intelligence (AI)-enabled scams and deepfakes. “Preparing Filipino workers, professionals, entrepreneurs, and students for the opportunities and risks presented by AI will be essential […]
Read more →PHL, Israel boost Customs ties
THE Bureau of Customs (BoC) signed a joint action plan with the Israel Customs Directorate with the goal of establishing an authorized economic operator (AEO) mutual recognition arrangement (MRA) between the Philippines and Israel. In a statement on Tuesday, the BoC said the joint action plan will serve as the roadmap for the negotiation and […]
Read more →Lawyers urge Filipino use in courts in August
THE Philippine Trial Lawyers Association (PTLA) has urged the Supreme Court to allow the use of Filipino in all Philippine courts during Buwan ng Wikang Pambansa from Aug. 1 to 31, saying the move would promote wider public understanding of court proceedings. The group said it had asked the High Court, through a resolution adopted […]
Read more →Monthly social pension for PWDs urged
A LAWMAKER on Tuesday pushed for a measure that would provide a monthly social pension to qualified persons with disability (PWDs), saying existing benefits are insufficient to cover the additional costs associated with living with a disability. In a statement, Nueva Vizcaya Rep. Timothy Joseph “Tim” E. Cayton said that House Bill No. 9885, or […]
Read more →Flood safeguards up as NIA rolls out rainy season plan in Ilocos Region
URDANETA CITY, Pangasinan — The National Irrigation Administration (NIA) in Ilocos Region has activated a 10-point wet season mitigation plan to protect thousands of hectares of irrigated rice lands across Ilocos Norte, Ilocos Sur, La Union and Pangasinan as monsoon rains and possible tropical cyclones threaten the region. NIA Regional Manager Geffrey B. Catulin said […]
Read more →GSIS allots P12.26M to Puerto Galera amid water shortage
THE GOVERNMENT Service Insurance System (GSIS) has set aside P12.26 million in emergency loans as effects of El Niño hit Puerto Galera, Oriental Mindoro. This follows the declaration of a state of calamity in the province due to prolonged dry conditions and water shortages, the state pension fund said in a press release on Tuesday. […]
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