Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1853 articles from BusinessWorld
Arts & Culture (08/26/26)
AN ART exhibition at the University of the East (UE) Caloocan invites visitors to lean in closer to feelings of disgust.
Read more →BSP adds time deposits to investment products eligible for PERA program
TIME DEPOSITS are now among the eligible investment products under the Personal Equity and Retirement Account (PERA), the Bangko Sentral ng Pilipinas (BSP) said on Tuesday. “Retirement planning should be simple, accessible, and within reach of every Filipino,” BSP Deputy Governor Lyn I. Javier said in a statement. “By introducing PERA time deposits, we are […]
Read more →Climate Resilience: A national and global imperative
When it rains continuously for several days on end, much like what we witnessed in the past few weeks, the concerns are many and multi-layered. There is the matter of physical safety when people and communities find themselves submerged in floods. Farmers lose crops. There are health concerns as people, especially those from vulnerable populations, […]
Read more →PHL startup to launch disaster relief platform
A PHILIPPINE startup is set to launch a platform that will help evacuees find nearby shelters, check available facilities, get disaster alerts and contact local responders during calamities. eVacuate PH lead developer Aeron Elliz Delos Santos said the platform is designed to give people access to critical information when emergencies disrupt normal communications and mobility. […]
Read more →First parliamentary polls will test BARMM’s ayuda economy: Building a more capable government
AGAINST THIS BACKDROP, voters should not be tempted to judge parties solely by the generosity of their manifestos or romanticized familiarity of their political alliances.
Read more →Women entrepreneurs turn passion into purpose at Women Strong Network Trade Fair
When passion meets purpose, local enterprises evolve into global benchmarks. This has been demonstrated by the WomenBizPH as it marked a milestone in female entrepreneurship with the return of the Women Strong Network Hybrid Trade Fair this year. Celebrating its fifth anniversary, this premier showcase highlights the remarkable growth, innovation, and resilience of women-led businesses across the Philippines. Following […]
Read more →Rethinking strategic development for communities
For decades, development in the Philippines has often been associated with what can be built: roads, bridges, housing projects, commercial centers, flood-control structures, and other infrastructure. But, as the country faces rapid urbanization, persistent inequality and intensifying climate risks, the question confronting planners is becoming more fundamental: Are development projects actually producing the outcomes that […]
Read more →Philippines ranks 66th in inaugural relocation index
The Philippines ranked 66th out of 192 economies in the inaugural Rumavi Global Relocation Index 2026, with an overall score of 63.9 out of 100. The country ranked eighth in the retirees category, its best showing among the index’s six persona rankings made by Singapore-based advisory firm Rumavi. The index assesses relocation appeal using 24 […]
Read more →DND seeks more bases and storage facilities to support AFP modernization
THE Armed Forces of the Philippines (AFP) needs more bases, storage facilities and other infrastructure to support modern military equipment, Defense Secretary Gilberto “Gibo” C. Teodoro, Jr. said, warning that years of limited capital spending have left the military “equipment heavy but not support heavy.” “The equipment we use is just the tip of the […]
Read more →DoJ recommends charges against police officer in Tacloban school shooting
THE Department of Justice (DoJ) has recommended criminal charges against a police officer whose government-issued firearm was allegedly used by a child in a June school shooting in Tacloban City that killed three students and injured at least 20 others. The Tacloban City prosecutor’s office recommended charges of reckless imprudence resulting in multiple homicide and […]
Read more →Marcos eyes factory upgrades to support EV production
PRESIDENT Ferdinand R. Marcos, Jr. said the government is assessing local vehicle manufacturing facilities for upgrades needed to support domestic electric vehicle (EV) production under the Electric Vehicle Incentive Strategy (EVIS). “We are looking at the facilities, what is already here, what is still lacking and what needs to be supported by DoST (Department of […]
Read more →St. Luke’s sets 53 beds for No Balance Billing
ST. LUKE’S Medical Center-Global City has allocated 53 beds for Philippine Health Insurance Corp. (PhilHealth) members covered by the government’s No Balance Billing program, expanding access to specialized treatment at a private hospital. The state-owned health insurer and St. Luke’s signed a memorandum of agreement on Tuesday to boost the implementation of the government’s No […]
Read more →Palace open to limiting social media
MALACAÑANG on Tuesday said it is open to considering restrictions on social media platforms that fail to respond promptly to government requests involving violent content and disinformation. Palace Press Officer Clarissa A. Castro made the statement after the Cybercrime Investigation and Coordinating Center said it is considering recommending a ban on Facebook following the deadly […]
Read more →VP staff admits P125M used in 11 days
THE Office of the Vice-President (OVP) spent P125 million in confidential funds within 11 days, OVP Assistant Chief of Staff Lemuel G. Ortonio confirmed on Tuesday, even as he admitted having no information about threats to VP Sara Duterte-Carpio. Mr. Ortonio, the prosecution’s second hostile witness, said he did not hear of any security threats […]
Read more →Vape tax system issues raised
A LAWMAKER on Tuesday flagged the two-tier tax system imposed on vape and other alternative nicotine products and its weak enforcement as major challenges in curbing illicit trade, saying tax rates alone cannot solve the problem. Marikina Rep. Romero “Miro” S. Quimbo, who chairs the House Committee on Ways and Means, raised concerns over the […]
Read more →Ombudsman exceeds 2025 conviction
THE Office of the Ombudsman’s conviction rate before the Sandiganbayan rose to 65.52% as of June 30, exceeding the 42% rate recorded in 2025, as it amended rules to speed up case proceedings. Assistant Ombudsman Luis Gonzaga S. Bonoan, Jr. disclosed the figures on Tuesday at a House of Representatives Appropriations Committee hearing on the […]
Read more →Lawmaker flags zero capital outlay for CoA 2027 budget
A LAWMAKER on Tuesday questioned the zero allocation for the Commission on Audit’s (CoA) capital outlay under the proposed 2027 national budget, saying the lack of funding for technology could weaken the agency’s efforts to combat corruption. Party-list Rep. Percival “Perci” P. Cendaña raised the concern during the House Appropriations Committee budget hearing, pointing out […]
Read more →House passes stronger workplace safety bill on second reading
THE House of Representatives on Tuesday approved on second reading a measure seeking to strengthen workplace safety standards and hold employers accountable for willful or grossly negligent violations that result in serious injury or death. In a statement, Cavite Rep. Ramon “Jolo” B. Revilla III said House Bill No. 10559 seeks to strengthen the country’s […]
Read more →SC limits Flying Risk Pay to flight-related personnel
THE Supreme Court (SC) has ruled that Flying Risk Pay (FRP) may only be granted to personnel whose regular duties involved or are directly connected with aerial and flight operations. The SC en banc in a Jan. 21 decision upheld with modification the Commission on Audit’s (CoA) disallowance of P323,579.50 in FRP paid to Civil […]
Read more →DMW strengthens anti-illegal recruitment drive
THE Department of Migrant Workers (DMW) on Tuesday warned illegal recruiters that the agency has ongoing law enforcement efforts, urging applicants to take more caution. Migrant Workers Secretary Hans Leo J. Cacdac urged applicants to be cautious in choosing their recruitment agencies following the arrest of an illegal recruiter from New Zealand in Iloilo. He […]
Read more →DoH, PGH to help ease NKTI pressure amid leptospirosis surge
THE Philippine General Hospital (PGH) is ready to accept patients from the National Kidney and Transplant Institute (NKTI), which faces full bed capacity, Malacañang said on Tuesday, following a rise in leptospirosis cases due to widespread flooding. Palace Press Officer Clarissa A. Castro said President Ferdinand R. Marcos, Jr. had directed the Department of Health […]
Read more →DoST’s 2027 budget could help over 67,000 scholars
THE proposed 4.3% increase in funding for the Department of Science and Technology’s (DoST) scholarship programs is expected to support 67,504 scholars nationwide next year, the Department of Budget and Management (DBM) said. In a statement on Tuesday, the DBM said that the budget of the DoST Scholarship Programs is programmed at P8.67 billion under […]
Read more →Toyota Motor PHL remits P23.66B in first seven months
TOYOTA Motor Philippines Corp. (TMP) remitted P23.66 billion to the Bureau of Customs (BoC)-Port of Batangas in the first seven months, making it the port’s largest contributor to import revenue collections. The company’s remittances accounted for 16.4% of the port’s total collections during the January-to-July period, TMP said on Tuesday. “This substantial fiscal remittance represents […]
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