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Philippines Business News

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

10057 articles across all sources

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BusinessWorld

Philippines’ BoP deficit widens to $3.1B in September

THE PHILIPPINES’ balance of payments (BoP) gap ballooned to over $3 billion in September as more dollars exited the economy amid heightened global uncertainty, Bangko Sentral ng Pilipinas (BSP) data showed.

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BusinessWorld

Pag-IBIG eyes P167-B loans as it partners with more developers

THE HOME DEVELOPMENT Mutual Fund (Pag-IBIG Fund) aims to disburse P167 billion in housing loans by yearend, supported…

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BusinessWorld

Philippines-Liechtenstein tax deal seen boosting investments

THE NEWLY SIGNED tax agreement between the Philippines and Liechtenstein is expected to encourage Liechtenstein-based companies to expand their operations in the country and attract fresh investments, Finance Secretary Frederick D. Go said.

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BusinessWorld

Philippines urged to ease bank secrecy rules to curb corruption, tax evasion

THE Philippines should revisit its stringent bank secrecy rules and strengthen the exchange of financial information with other countries to help address corruption and tax evasion, SGV & Co. Head of Tax Jules E. Riego said on Monday.

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BusinessWorld

Philippines protests Chinese envoy’s remarks; Palace hopes for better ties

THE Philippines formally objected to Chinese Ambassador Jing Quan’s remarks that Beijing could easily win a military confrontation but preferred peace, as Manila and Beijing exchanged sharp statements over the South China Sea and calls to declare the envoy persona non grata.

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BusinessWorld

OCTA survey shows four tied in 2028 Senate race

SENATORS Raphael T. Tulfo, Robinhood Ferdinand C. Padilla, Alan Peter S. Cayetano and Pasig City Mayor Victor Ma.…

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BusinessWorld

Marcos eyes better nurse staffing, more jobs to ease pressure on healthcare

PRESIDENT Ferdinand R. Marcos, Jr. on Monday said his administration is working to improve nurse-to-patient ratios and fill…

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BusinessWorld

CoA flags P1.93B in unliquidated DENR funds

THE Commission on Audit (CoA) flagged the Department of Environment and Natural Resources (DENR) over P1.93 billion in…

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BusinessWorld

Champi re-intensifies as super typhoon

CHAMPI has regained super typhoon status and may prompt the hoisting of storm signal No. 3 over parts…

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BusinessWorld

Supangan named PCG commandant

PRESIDENT Ferdinand R. Marcos, Jr. has appointed Vice Admiral Rommel A. Supangan as the new commandant of the…

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BusinessWorld

DepEd issues El Niño guidelines

THE Department of Education (DepEd) said on Monday that public schools will implement new guidelines for learning continuity…

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BusinessWorld

Palace: Ombudsman must determine if Sara should face criminal charges

MALACAÑANG on Monday said the Office of the Ombudsman should determine whether Vice-President Sara Duterte-Carpio should face criminal…

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BusinessWorld

PHL should manufacture own drones to avoid import reliance

THE Armed Forces of the Philippines (AFP) needs more multi-purpose drones for long-term precision operations, a defense official…

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BusinessWorld

Water concessionaires readying for Super El Niño

MAYNILAD Water Services and Manila Water Co. have already begun preparations and planning for the Super El Niño,…

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BusinessWorld

PWD law lacks ‘teeth’ vs discrimination

THE measure punishing people who discriminate against persons with disabilities (PWDs) lack “teeth” because the government cannot file…

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BusinessWorld

CoA’s adverse opinion on FTI won’t affect P20 rice program

THE Palace on Monday said the Commission on Audit’s (CoA) adverse opinion on the financial statements of Food…

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BusinessWorld

PAGCOR sets anti-illegal gambling app launch for Dec.

THE Philippine Amusement and Gaming Corp. (PAGCOR) is targeting to launch a mobile application by December to help…

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BusinessWorld

Atlas Mining profit surges to P7.57B as copper prices rise, costs fall

ATLAS Consolidated Mining and Development Corp.’s net income surged to P7.57 billion in the third quarter from P218…

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BusinessWorld

Tubig Pilipinas plans share offering after public float falls

TUBIG PILIPINAS Holdings, Inc. (TPHI) plans to conduct at least one follow-on offering within a year of completing…

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BusinessWorld

Candle prices stable ahead of ‘Undas’

CANDLE prices are expected to remain stable amid expected demand ahead of All Saints’ Day on Nov. 1…

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BusinessWorld Economy

KKR exploring financing for Luzon Corridor projects

THE Department of Finance (DoF) said it and US investment firm Kohlberg Kravis Roberts (KKR) and Co., Inc.…

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BusinessWorld Economy

Residents displaced by Pax Silica to be relocated within New Clark City

THE Bases Conversion and Development Authority (BCDA) said it will relocate and provide agricultural land to residents displaced…

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BusinessWorld Economy

Proposed El Niño measures to cost nearly P62 billion

THE Department of Agriculture (DA) said it proposed a P61.99-billion plan to mitigate the impact of El Niño…

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BusinessWorld Economy

Gasoline prices expected to retreat by over P4 as supply concerns ease; diesel to rise P2.60/L

GASOLINE USERS can expect a price rollback of more than P4 per liter (L) this week, while diesel…

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