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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

170 articles from BusinessWorld Economy

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BusinessWorld Economy

WTO flags high Philippine trade costs

THE PHILIPPINES must focus on addressing regulatory uncertainty and infrastructure gaps to lower trade costs and attract more investors, the World Trade Organization (WTO) said. In its sixth Trade Policy Review of the Philippines conducted in Geneva last week, the WTO said high trade costs remain a key hurdle for the Philippines. According to the […]

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BusinessWorld Economy

‘Commensurate’ sanctions needed for power plant outages

THE Energy Regulatory Commission (ERC) is seeking to revise the rules governing power plant outages to make any penalties better match the magnitude of the violation, after the Visayas grid continued with its yellow alerts. “We’re making it more commensurate to the violation and its impact,” ERC Chairperson and Chief Executive Officer Francis Saturnino C. […]

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