Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
10034 articles across all sources
DoJ: Padilla case separate from ICC
THE Department of Justice (DoJ) said the obstruction of justice complaint against Senator Robinhood “Robin” C. Padilla is separate from any proceedings before the International Criminal Court (ICC). “The complaint that is now before the panel is filed by our Philippine National Police. So it is independent of and separate from any possible case or […]
Read more →Montenegro bans EVs on board
MONTENEGRO Shipping Lines, Inc. has banned all electric and hybrid vehicles to board its vessels across all routes following safety concerns after a recent fire incident. “In view of the recent maritime accident, wherein the initial investigation indicates that the explosion may have originated from an electric vehicle (EV). Management has decided to implement an […]
Read more →Emirates, OWWA team up for OFW support
DUBAI-BASED carrier Emirates has signed a memorandum of agreement with Overseas Workers Welfare Administration (OWWA) to provide support and repatriation assistance for overseas Filipino workers (OFW). “This collaboration extends beyond travel to recognizing the dedication of Overseas Filipino Workers and offering meaningful support to them and their families. We look forward to a successful collaboration […]
Read more →NIA pressed over additional P186-B budget request
SENATORS on Thursday pressed the National Irrigation Administration’s (NIA) for its proposed P186.42-billion additional budget amid unfinished utilization of the agency’s budget under the 2026 General Appropriations Act (GAA). During a Senate Finance Committee hearing on the 2027 budget, Administrator Eduardo Eddie G. Guillen explained that under the latest National Expenditure Program, only P47.43-billion has […]
Read more →Macacua poised to stay at BARMM helm
COTABATO CITY — Local executives across the Bangsamoro region are certain that their chief minister, Abdulraof A. Macacua, will remain as the figurehead of the 80-seat parliament via nomination during the first session of newly elected lawmakers. Mr. Macacua, president of the Bangsamoro Federalist Party (BFP), is presently functioning as parliament member and chief minister […]
Read more →DAR to resume e-Title distribution on Monday
THE Department of Agrarian Reform (DAR) on Thursday said it will resume distribution of electronic titles (e-Titles) to landowners on Sept. 21 after a senator flagged a slowdown in its distribution. Senator Francis Pancratius “Kiko” N. Pangilinan observed that, in 2025, the DAR distributed approximately 180,000 e-Titles, a document enabling landowners to secure land tenure […]
Read more →BuCor denies drone escape plot involving South Korean inmate
THE Bureau of Corrections (BuCor) said drones are unlikely to facilitate escapes from its correctional facilities, which are designated no-fly zones and monitored by guards and closed-circuit television systems. “All our Operating Prison and Penal Farms are no-fly zones, and we have watchtowers manned 24/7 which immediately alert our guards if there will be attempts […]
Read more →Taiwan official floats potential semiconductor tie-ups with PHL
THE PHILIPPINES could play a key role in rounding out Taiwan’s semiconductor supply chain, resulting in a major boost to two-way trade, a Taiwan official said.
Read more →User-safety dispute with Meta delays DICT budget hearing
THE Department of Information and Communications Technology (DICT) said it supports the decision by the House of Representatives to defer hearings on the department’s budget over unresolved safety issues with Meta Platforms, Inc. “The DICT fully understands and takes heed of the position of the House of Representatives leadership regarding the deferment of the Department’s […]
Read more →Energy exploration seen attracting up to $324M worth of investment
THE Philippines could generate up to $324 million worth of investment from energy service contracts, the Department of Energy (DoE) said. Energy Undersecretary Giovanni Carlo J. Bacordo said at a Senate budget hearing on Thursday that the potential investments are tied to the 14 contracts recently signed by President Ferdinand R. Marcos, Jr. This brings […]
Read more →PAGCOR sees Q3 GGR declining 9-10%
THE Philippine Amusement and Gaming Corp. (PAGCOR) said it expects third-quarter gross gaming revenue (GGR) to retreat to the mid-P80-billion range, and described the gaming market as “stabilizing.” “For GGR, maybe in the mid-80s for the third quarter,” PAGCOR Chairman and Chief Executive Officer Alejandro H. Tengco told reporters on the sidelines of an event […]
Read more →UMICs face steep climb to high-income tier, ADB think tank says
THE Philippines and other Asian upper-middle income countries (UMICs) face a difficult climb to high-income status due to geopolitical fragmentation, digital transformation, the rise of artificial intelligence (AI) and climate risks, the Asian Development Bank Institute (ADBI) said. “Our current and future challenges are totally different from what South Korea, Singapore, and Hong Kong at […]
Read more →New bid announced for MRT-7 consulting deal
THE Department of Transportation (DoTr) said it is set to rebid the P563.32-million engineering and consultancy and inspection contract for the Metro Rail Transit Line 7 (MRT-7) project. Bidders can submit proposals until Sept. 25, the DoTr said in a request for expression of interest issued on Thursday. The DoTr declared a failed bid on […]
Read more →P74.4-million rice processing facility opens in Cabanatuan
THE Department of Agriculture (DA) inaugurated a rice processing facility in Cabanatuan City on Thursday, which was built with P74.4 million in funding from the Rice Competitiveness Enhancement Fund (RCEF). The facility includes a state-of-the-art multi-stage rice mill with a capacity of 4 to 5 tons per hour and three recirculating dryers, each with a […]
Read more →Building permit approvals fall 1.2% in July
APPROVED building permits dropped to a three-month low in July with high material and financing costs dampening property demand and construction starts. Citing preliminary data, the Philippine Statistics Authority (PSA) said approved construction projects numbered 15,890 in July, down 1.2% from a year earlier. The rate of decline eased relative to the 4.4% contraction in […]
Read more →NEA seeks extra P7 billion to eliminate non-technical system losses
NEA says eliminating non-technical system losses will require a phased transition, with cooperatives needing billions in loans for metering and other upgrades before they can absorb the costs
Read more →Coco Mama expands Save Our Coconuts commitment to 1,000,000 seedlings
Since launching Save Our Coconuts in 2024, Coco Mama has donated 40,000 quality seedlings to farming communities. The program’s next phase will build on that progress by combining seedling distribution with farmer training, proper planting practices and support for establishing and maintaining new trees.
Read more →Firefox teams with Mistral for AI browsing
PARIS, France — Mozilla's web browser Firefox unveiled Wednesday an AI assistant powered by the the French start-up Mistral, promising strict privacy protections as worries grow about artificial intelligence's capabilities. The "Smart Window" on Firefox will rely on open-source models, and the non-profit group said it would not sell personal data or "use your conversations to train models". Alarm is growing worldwide that artificial intelligence capabilities are progressing faster than dev
Read more →Apeing Enters Stage 4 of Presale After Raising More Than $90,000 and Selling 445 Million $APEING Tokens
NEW YORK, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Apeing, a meme-focused cryptocurrency project, has announced that its $APEING token presale has entered Stage 4, known as "Banana Hoarders,” following more than $90,000 in funds raised and over 445 million $APEING tokens sold. The project currently has more than 328 presale holders, according to figures provided by Apeing. During Stage 4, $APEING is priced at $0.0005, with the next presale stage scheduled to increase the token price to $0.00055. Apein
Read more →Trident Intersects High-Grade Gold Over Significant Widths 220.00 Metres Below Historical Mine Workings at Contact Lake, Grading 8.69 g/t Gold Over 11.97m, Including 31.98 g/t Au Over 3.16m
Vancouver, BC, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF) (Frankfurt: 6BP0) ("Trident” or the "Company”) is pleased to provide the analytical results from the first three drillholes of the 2026 summer drill program at the Contact Lake Project in Northern Saskatchewan’s La Ronge Gold Belt ("LRGB”). Drillhole CL26050 intersected multiple parallel shear zones including a high-grade zone between 613.03m to 625.00m downhole depth consisting of 8.69 g/t Au o
Read more →Apeing Announces Stage 4 Presale Milestone With More Than 445 Million $APEING Tokens Sold
NEW YORK, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Apeing, an Ethereum-based meme cryptocurrency project, has announced that its $APEING token presale has progressed to Stage 4, "Banana Hoarders,” with more than 445 million tokens sold and over $92,000 raised, according to figures provided by the project. The Stage 4 presale is currently priced at $0.0005 per $APEING token. Apeing has announced that the price is scheduled to move to $0.00055 in the following stage. The project has structured its presa
Read more →Sixthfin Enterprise Financial Close Management Platform Addresses UK Multi-Entity Groups Running Fragmented ERP Estates, With 38 Systems Supported Across 70 Countries in 2026
Financial close management software for UK provides a common review and control layer across different ERP systems, entities, charts of accounts and currencies, giving multi-entity groups an approach to enterprise financial close automation that does not begin with an ERP replacement. Covers financial close process standardisation across multinational entities, integrating ERP data into close workflows, what UK financial close automation for multi-entity groups requires in practice, and why 67%
Read more →AI risks wider gender inequality in jobs market — WEF
LONDON, United Kingdom — The rise of artificial intelligence could exacerbate gender disparities in the labour market, the World Economic Forum and careers platform LinkedIn warned in a joint report Wednesday. "What we found is that the type of roles that are being disrupted by AI tend to be the type of roles that women have been concentrated in," Saadia Zahidi, a managing board member at the World Economic Forum, told a London gathering for the launch of the Global Gender Gap Report 2026.
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