Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1901 articles from BusinessWorld
Federal Land shifts 4 Pasay projects to RE
FEDERAL LAND, Inc., the property development arm of GT Capital Holdings, Inc., has shifted four residential developments within its Metropolitan Park complex in Pasay City to 100% renewable energy (RE) under a multi-year supply agreement with ACEN Renewable Energy Solutions (ACEN RES), the retail electricity unit of ACEN Corp. The agreement covers the ready-for-occupancy Six […]
Read more →Fashion for the brave bride
DUBAI-BASED Filipino fashion designer Furne One Amato, whose works have clothed stars like Beyoncé, Mariah Carey, and Lady Gaga, as well as pop culture icons Paris Hilton and Heidi Klum, graced the Conrad Manila with his presence and his new collection.
Read more →A new BSP publication: Risk and Resilience in the Philippine Financial System
I recently came across an interview with Mervyn King, former Governor of the Bank of England, in Central Banking magazine (“Mervyn King on his career and big ‘mistakes’,” Central Banking). Looking back on the Global Financial Crisis (GFC), he said that the problem was not only the scale of the threat facing major banks but […]
Read more →The all-arounders
HONDA is now considered a relatively “quiet” brand, which comes as a surprise since it was once one of the top-selling marques in the Philippines. However, with more competition featuring aggressive pricing, features, and great quality, Honda’s share of the pie has gotten smaller over the years. Yet there is still a quiet confidence within […]
Read more →PHL seeks US market access for pineapple
BUREAU of Plant Industry Director Gerald Glenn F. Panganiban said the Department of Agriculture (DA) is seeking greater access to the US market for Philippine pineapple. Mr. Panganiban said the DA is awaiting word from the Federal Register, which sets the rules for shipping goods into US ports. “I don’t want to comment on their […]
Read more →BSP bills’ rate ends flat amid oversubscription
THE BANGKO SENTRAL ng Pilipinas’ (BSP) short-term securities’ average rate was nearly flat on Friday, with demand for the offer staying strong. Tenders for the 28-day BSP bills amounted to P80.074 billion, more than double the P30-billion offer but below the P85.659 billion in bids for the same volume auctioned off in the previous week. […]
Read more →Globe bets on AI to improve operations, customer experience
GLOBE TELECOM, Inc. said it is expanding its use of artificial intelligence (AI) across its operations as it seeks to improve customer experience, strengthen network operations, and develop new products and services. Speaking at Mobile World Congress Shanghai 2026, Globe President and Chief Executive Officer Carl R. Cruz said the company views AI as a […]
Read more →Shares may rise further despite lingering risks
PHILIPPINE STOCKS may sustain their momentum this week on expectations of easing inflation, but investors may stay cautious over geopolitical developments and macroeconomic risks. On Friday, the Philippine Stock Exchange index (PSEi) jumped by 1.01% or 62.31 points to close at 6,188.03, while the broader all shares index rose by 0.83% or 27.91 points to […]
Read more →Impeachment process seen as crucial as verdict as VP Duterte’s trial starts
THE Senate’s handling of Vice-President (VP) Sara Duterte-Carpio’s impeachment trial will be as important as the verdict itself because it will shape future impeachment proceedings, test the country’s democratic institutions, and influence public confidence in the rule of law, political analysts said.
Read more →China sanctions on PHL Defense chief ‘unhelpful’
PRESIDENT Ferdinand R. Marcos, Jr. on Sunday criticized China’s decision to sanction Defense Secretary Gilberto C. Teodoro, Jr., calling the move “very unhelpful” and saying it raises tensions instead of helping manage disputes in the South China Sea. “The declaration by Beijing of Secretary Teodoro as persona non grata… is very unhelpful, in my view,” […]
Read more →PHL-Canada partnership may boost tech ties
TECHNOLOGY, critical minerals and security cooperation are expected to drive the Philippines’ strategic partnership with Canada, analysts said, after the two countries elevated bilateral ties during President Ferdinand R. Marcos, Jr.’s official visit to Vancouver.
Read more →Flood control probe not done yet
THE government is far from finished investigating alleged multibillion-peso flood control anomalies, President Ferdinand R. Marcos, Jr. said, claiming the corruption scheme his administration exposed predates his term in office. Speaking during a livestreamed news briefing in Vancouver, Canada on Saturday (Sunday, Manila time), Mr. Marcos rejected allegations of his own involvement in the irregularities, […]
Read more →Law vs violent extremism sought
SENATE President Sherwin T. Gatchalian on Sunday said there is a need to draft a law countering nihilistic violent extremism (NVE), citing a rise in reported minor-inflicted violence following the deadly Tacloban school shooting. In a press statement, Mr. Gatchalian expressed openness to working with the Department of Justice in crafting the policy on NVE […]
Read more →Isabela rice aid drives farm economy
ILAGAN CITY, Isabela — Isabela’s flagship Rice Assistance Program is emerging as an economic lifeline for both farmers and consumers, with the provincial government recently expanding free rice distribution to nearly 1,000 more Education department personnel, while guaranteeing a market for locally produced palay (unmilled rice). A total of 999 teaching and non-teaching employees in […]
Read more →SC affirms Nippon Express tax win
THE Supreme Court (SC) has upheld an order suspending the collection of P81.35 million in alleged deficiency taxes from Nippon Express Philippines Corp., ruling that the Court of Tax Appeals (CTA) properly suspended collection after the tax agency tried to enforce the assessment before the payment deadline had lapsed. In a nine-page decision promulgated on […]
Read more →Dumuloc dam to help 1,484 farmers
BUGALLON, Pangasinan — Nearly 1,500 farmers in Bugallon, Pangasinan will have year-round irrigation once the Dumuloc Small Reservoir Irrigation Project (SRIP) is completed. Top officials of the National Irrigation Administration (NIA) inspected the progress of the project, expected to provide a stable water supply to about 1,632 hectares of farmland across nine villages, helping 1,484 […]
Read more →Wanted top BIFF leader killed in Maguindanao del Norte shootout
COTABATO CITY — The top leader of a faction in the now-defunct Bangsamoro Islamic Freedom Fighters (BIFF), with a P3 million reward on his head, was killed in a clash with soldiers and policemen in Sultan Kudarat, Maguindanao del Norte before dawn on Sunday. Major Gen. Jose Vladimir R. Cagara, commander of the Army’s 6th […]
Read more →UMIC classification seen as draw for foreign investors
THE Department of Trade and Industry (DTI) said the Philippines’ reclassification as an upper-middle income country (UMIC ) is expected to attract more foreign investment. In a statement on Sunday, the DTI said UMIC status is a “powerful green light for international capital.” “This upgraded classification is set to strengthen the country’s credit profile, boost […]
Read more →Laurel to seek P220-billion agriculture budget for 2027
AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. said the Department of Agriculture (DA) is proposing a P220-billion budget for 2027, which would exceed the indicative ceiling given to the department of P160 billion. Mr. Laurel said budget priorities include the Animal Competitiveness Enhancement Fund (AnCEF), which requires a P20-billion annual budget. The AnCEF aims to […]
Read more →ADB designates Philippines as potential recipient of technical assistance to boost AI readiness
THE PHILIPPINES is among 12 economies covered by a proposed regional technical assistance project which will strengthen those countries’ artificial intelligence (AI) readiness, according to the Asian Development Bank (ADB). The project, known as Advancing Artificial Intelligence Readiness through Infrastructure, Solutions, and Enabling Skills, will seek to strengthen AI infrastructure, accelerate AI adoption, and build […]
Read more →Philippines in talks to partner with Canadian nuclear engineering company AtkinsRéalis
THE Department of Trade and Industry (DTI) said it is in talks for a possible nuclear energy tieup with AtkinsRéalis, a Canadian engineering and technology firm. Trade Secretary Cristina A. Roque and Finance Secretary Frederick D. Go met with AtkinsRéalis executives on the sidelines of President Ferdinand R. Marcos, Jr.’s working visit to Canada last […]
Read more →Philippine air cargo congestion could undermine business confidence, management group warns
THE GOVERNMENT must invest in modern cargo infrastructure and streamline customs operations further, warning that congestion at the main gateway airport could erode business confidence, the Management Association of the Philippines (MAP) said. “MAP is seriously concerned by the growing congestion at NAIA’s cargo facilities. While this may appear to be an operational issue today, […]
Read more →Is your business keeping pace with the changing tax environment?
Tax compliance is no longer a routine back-office function, instead becoming a strategic priority for organizations navigating heightened regulatory scrutiny.
Read more →