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Philippines Business News

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

10051 articles across all sources

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BusinessWorld

Coalition-building next step for BARMM, senator says

THE newly elected parliament of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) will need to focus on coalition-building, Senator Francis Pancratius “Kiko” N. Pangilinan said on Sunday. In a statement, Mr. Pangilinan explained that the region’s government has to be formed through coalition and sustained dialogue since it has no majority mandate. The first […]

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BusinessWorld

Immediate action sought to compensate MV June Aster victims

SENATOR Erwin T. Tulfo on Sunday called for immediate government action to deliver fair compensation to survivors and bereaved family members of the MV June Aster ferry fire. As of Sept. 17, the Philippine Coast Guard (PCG) identified a total of 128 persons onboard the ferry through verified ticket manifests, including 43 survivors, 77 dead, […]

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BusinessWorld

School safety plan bill pushed after Cotabato shooting

SENATE PRESIDENT Sherwin T. Gatchalian pushed for the passage of the Comprehensive School Safety Act to establish a National Comprehensive School Safety Framework following a school shooting incident. The latest violent incident at Banga National High School in South Cotabato on Sept. 18, the third school shooting in the Philippines since June, has killed three […]

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BusinessWorld

Social media platforms must secure congressional franchise, lawmaker says

A LAWMAKER on Sunday said major social media platforms should secure congressional franchises before operating in the Philippines, saying stronger government oversight is needed as online platforms increasingly affect public safety and national security. Under House Bill No. 4786, the Social Media Platform Franchise Act, Quezon Rep. David C. Suarez proposed treating social media platforms […]

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BusinessWorld

Seed No. 3 Eala eyes deep run in Singapore Open this week

ALEXANDRA “ALEX” EALA will plunge back to action with a splash, officially becoming the No. 3 seed in the Singapore Open as the first tournament of the highly anticipated Asian Swing this week. The 21-year-old Filipina pride will head straight into the Round of 16 with a first-round bye, looking for a deep run in […]

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BusinessWorld

Philippines women’s chess squad routs Sri Lanka, 3-1, shares 13th place in World Chess Olympiad

WOMAN INTERNATIONAL Master (WIM) Jan Jodilyn Fronda continued to show top form as she bested Sayumi Halangoda on fourth board to fuel the Philippines’ 3-1 victory over Sri Lanka and reclaim their place in the top 15 after four rounds of the 46th World Chess Olympiad at the Silk Road International Exhibition Centre in Samarkand, […]

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BusinessWorld

Spurs’ defensive frailties

There was a time when professional football clubs treated defensive discipline as an assumed birthright rather than an acquired luxury. In the Premier League’s unforgiving ecosystem, building a credible contender invariably began by securing the rear guard; established structural rigidity came first, and then, in due course, trusted talent to resolve the final third. In […]

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BusinessWorld Economy

Philippine-India trade talks expected to start next year

THE PHILIPPINES is looking to begin talks for a preferential trade agreement (PTA) with India next year, with…

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BusinessWorld

Philippine-India trade talks expected to start next year

THE PHILIPPINES is looking to begin talks for a preferential trade agreement (PTA) with India next year, with the Department of Trade and Industry (DTI) currently in the process of concluding its trade negotiations with the European Union and Canada. “I hope we can start negotiations next year,” Trade Undersecretary Allan B. Gepty told reporters […]

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BusinessWorld Economy

Farmers propose live-hog floor price of P210 per kg

AGRICULTURE SECRETARY Francisco P. Tiu Laurel, Jr. said the hog industry is proposing a P210 per kilogram (kg)…

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BusinessWorld

Farmers propose live-hog floor price of P210 per kg

AGRICULTURE SECRETARY Francisco P. Tiu Laurel, Jr. said the hog industry is proposing a P210 per kilogram (kg) floor price for live hogs, citing the need for relief from low farmgate prices. Speaking on the sidelines of the inauguration of the Philippine Carabao Center’s National Sex-Sorting Laboratory in Muñoz, Nueva Ecija, Mr. Laurel told reporters […]

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BusinessWorld Economy

ADB allocates up to $6B for blue economy in Southeast Asia

THE Asian Development Bank (ADB) will mobilize up to $6 billion through 2030 to support fisheries, coastal infrastructure…

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BusinessWorld

ADB allocates up to $6B for blue economy in Southeast Asia

THE Asian Development Bank (ADB) will mobilize up to $6 billion through 2030 to support fisheries, coastal infrastructure and other blue-economy investments in Southeast Asia. ADB President Masato Kanda announced the ASEAN (Association of Southeast Asian Nations) Blue Economy Initiative at the 58th ASEAN Economic Ministers’ Meeting in Metro Manila on Saturday. “The ocean is […]

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BusinessWorld Economy

Drone rollout next year to support rice farming

THE Philippine Rice Research Institute (PhilRice) said it expects to roll out its Drones4Rice program by next year…

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BusinessWorld

Drone rollout next year to support rice farming

THE Philippine Rice Research Institute (PhilRice) said it expects to roll out its Drones4Rice program by next year to help modernize rice farming. Speaking on the sidelines of PhilRice’s Lakbay Palay event at its Central Experiment Station in Muñoz, Nueva Ecija, PhilRice Deputy Executive Director for Research Eduardo Jimmy P. Quilang told reporters that the […]

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BusinessWorld Economy

Grid upgrades, faster permits needed even after VAT relief — business groups

BUSINESS GROUPS welcomed the removal of the value-added tax (VAT) on system loss charges but urged the government to improve grid reliability and fast-track the permit process for new power plants.

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BusinessWorld

Grid upgrades, faster permits needed even after VAT relief — business groups

BUSINESS GROUPS welcomed the removal of the value-added tax (VAT) on system loss charges but urged the government to improve grid reliability and fast-track the permit process for new power plants.

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BusinessWorld Economy

ASEAN urged to update IP laws to shield creatives from generative AI

THE Association of Southeast Asian Nations (ASEAN) needs to update its intellectual property (IP) frameworks to protect the…

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BusinessWorld

ASEAN urged to update IP laws to shield creatives from generative AI

THE Association of Southeast Asian Nations (ASEAN) needs to update its intellectual property (IP) frameworks to protect the creative industry from generative artificial intelligence (AI), Isla Lipana & Co./PwC Philippines said. Speaking at a briefing, PwC Philippines Managing Partner for Deals and Corporate Finance Mary Jade T. Roxas-Divinagracia said current regional and national IP frameworks […]

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Manila Times Business

Germans arrested for Louvre stunt in Mona Lisa hall

PARIS — Two Germans were arrested Saturday after they stuck two paintings on a wall of the hall that hosts the Mona Lisa in Paris's Louvre museum, police sources said. The two men used sticky tape to stick the two paintings — measuring 30 by 40 cm — in the hall where visitors flock to see Leonardo Da Vinci's masterpiece. One showed one of the two men wearing armor, while the other was a portrait of the two men accompanied by a woman. Security officers at the museum detained the

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Manila Times Business

Marcos declares non-working days in 7 municipalities

MANILA, Philippines — President Ferdinand Marcos Jr. has issued a series of proclamations declaring special non-working days in different municipalities to allow residents to participate in the celebration of their respective festivities. September 21 was declared a special non-working holiday under Proclamation No. 1437 in Aguinaldo, Ifugao, moving the celebration from Sunday to Monday, the initial celebration date, so residents could fully participate in the town's founding anniversary.

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Manila Times Business

Que, 2 others return as ICTSI Negros blasts off

MANILA, Philippines – Angelo Que returns to the Philippine Golf Tour spotlight with his sights set on another championship, while Aidric Chan and multi-titled Clyde Mondilla also rejoin the hunt as a formidable field converges for the ICTSI Negros Occidental Classic beginning Monday (Sept. 21) at the Negros Occidental Golf and Country Club in Negros Occidental. Fresh from a 1-2 finish at Summit Point last week, Que and Chan had been uncertain about their participation in the sixth leg of t

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Manila Times Business

Wushu artist Agatha Wong places 10th in her "final" Asian Games campaign

MANILA, Philippines — Filipino wushu artist Agatha Wong failed to make the podium in what she said was her "last" Asian Games campaign at the Aichi Prefectural Martial Arts Hall in Japan Sunday. A 2018 bronze medalist in the 18th edition of the meet in Indonesia, Wong finished 10th in this 20th edition in the women's s taijiquan and taijijian final where she scored a total of 18.859 points. Wong said she will continue training for future competitions, but didn't give assurance whether or n

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Manila Times Business

Typhoon put people off Asian Games opening ceremony, official says

NAGOYA, Japan — Warnings of a typhoon partly explained why the Asian Games opening ceremony in Nagoya took place in front of thousands of empty seats, organisers said Sunday. Saturday's gala at the 30,000-capacity stadium officially launched the continent's premier sporting event, with Japan's emperor and empress in attendance. Fireworks brought the show to a rousing conclusion, but while parts of the arena were full, others were noticeably devoid of people. Olympic Council of Asia directo

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