Philippines Business News

Hydropower developers seek to fast-track projects during El Niño

HYDROPOWER developers are seeking government support to accelerate project construction during El Niño, saying lower water levels could…

IDfy targets insurance, telecom sectors for expansion in 2027

DIGITAL identity verification provider IDfy is looking to expand into the Philippine insurance and telecommunications sectors next year…

Globe urges early telecom planning in property projects

GLOBE Telecom, Inc. is urging property developers to incorporate telecommunications infrastructure into the planning and design of residential…

PLDT retains second place in global child rights benchmark

PLDT Inc. retained its position as the second highest-ranked telecommunications company globally in the 2026 Children’s Rights and…

Defense reporters denounce China’s remarks vs Filipino journalists

MANILA, Philippines — Journalists covering the defense department and Armed Forces of the Philippines who witnessed Chinese aggression against Filipinos in the West Philippine Sea took a stand against the statement issued by the Chinese Embassy in Manila which maligned members of the media. “The Defense Press Corps of the Philippines (DPC) takes exception to the statement issued by the Chinese Embassy in Manila, which claims that Filipino reporters have limited comprehension, exagger

US seeks role in building PHL strategic oil reserve

THE US is exploring possible involvement in building the Philippine strategic oil reserve, the Department of Energy (DoE)…

BCDA to auction O&M deals for John Hay hotels, golf this year

THE BASES CONVERSION and Development Authority (BCDA) will auction within the year the long-term operations and management (O&M)…

PhilHealth tops GOCC subsidy list with funds returned after ruling by Supreme Court

SUBSIDIES provided to government-owned and -controlled corporations (GOCCs) surged to P64.95 billion in August, the Bureau of the…

Development banks putting together joint fund

MULTILATERAL development banks (MDBs) said they are working to put together a joint fund to attract more private…

BYD supports extension of zero-tariff EV import incentive scheme until 2040

BYD Cars Philippines said it supports the Electric Vehicle Association of the Philippines’ (EVAP) request to extend zero…

Mitsubishi not ruling out RACE participation

MITSUBISHI Motors Philippines Corp. (MMPC) is not ruling out participation in the Revitalizing the Automotive Industry for Competitiveness…

Building trust: The customs digitalization initiative

Trust is the defining factor in the success of any program, enabling organizations and stakeholders to align their efforts, strengthen partnerships, and translate vision into meaningful and sustainable results.

NU Bulldogs share UAAP lead after thrilling win against FEU

NATIONAL UNIVERSITY (NU) forged a joint lead with University of the Philippines (UP) after a gritty 69-65 win…

Alex Eala clashes with French star Diane Parry in Round 1 of WTA 500 Ningbo Open in China

AND REDEMPTION BEGINS for Alexandra “Alex” Eala after a series of setbacks, clashing against French ace Diane Parry…

PHL team action intensifies at Asian Para Games

NAGOYA — Here comes the brigade. Tankers Ernie Gawilan and Angel Otom, cyclists Arthus Bucay and Patrick Lee…

Gov’t securities may see mixed rates before BSP policy decision

YIELDS on the government securities to be offered this week may end mixed as demand may stay weak…

Security Bank Wealth targets P600B in managed assets

THE WEALTH management arm of Security Bank Corp. is aiming to reach P600 billion in assets under management…

BSP profit hits record high as of July on forex gains, lower expenses

THE BANGKO SENTRAL ng Pilipinas’ (BSP) net income soared to a record high as of July, backed by…

Peso may continue to trade near P63:$1 mark

THE PESO is expected to continue trading near the P63-a-dollar level this week before the Bangko Sentral ng…

Yields rise on mounting expectations of BSP hike

YIELDS on government securities (GS) climbed last week as the peso’s weakness, elevated inflation, and expectations of another…

Central bank securities fetch higher average yield

THE BANGKO SENTRAL ng Pilipinas’ (BSP) short-term securities fetched a higher average rate on Friday even as market…

Trump endorses Israeli Prime Minister Netanyahu for reelection amid Iran war

Crab2B Makes AsiaWorld-Expo Debut, Connecting Hong Kong's Mobile Wholesalers with Global Buyers

HONG KONG, Oct. 18, 2026 /PRNewswire/ -- Crab2B, a pioneering B2B trading platform dedicated to mobile devices and digital products, will make its debut at the HKICEC Global Mobile Exchange Pavilion during the Global Sources Hong Kong Shows, opening at AsiaWorld-Expo on October 18, 2026. Chairperson Starry Lee shakes hands with Crab2B CEO Luo Yaohong Hong Kong has long been a major hub for electronics wholesale trade, but buyers still often rely on fragmented channels to identify suppliers. Crab

PH para athletes aim high against Asia’s best

MANILA, Philippines — With modest expectations and hopeful hearts, Team Philippines braces for tougher challenges in the super-strong field of the 5th Asian Para Games, which will open on Sunday night under the bright lights of the Paloma Mizuho Sports Park in Nagoya, Japan. Around 5,000 Japanese and foreign guests, athletes, coaches, sports officials, and media attended the festivities, which gave spectators a piece of Japanese history that officially ushered in this eight-day event that