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Philippines Business News

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

2373 articles from BusinessWorld

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BusinessWorld

Nvidia-backed Nscale, Anthropic in talks for new $45 billion AI cloud deal, source says

NSCALE is in talks to sell AI computing power to Claude maker Anthropic in a new deal that…

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BusinessWorld

US, Cuba trade barbs at UN ahead of sanctions vote

UNITED NATIONS — The United States and Cuba traded accusations at the United Nations on Monday after US…

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BusinessWorld

Trump approval falls to record low of 31% as midterms near, Reuters/Ipsos poll finds

WASHINGTON — President Donald Trump’s approval rating fell to a record low as Americans worried about high gasoline…

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BusinessWorld

Killing of former anti-graft prosecutor a grim milestone in Guatemala’s political violence

GUATEMALA CITY – The assassination at the weekend of anti-graft lawyer Juan Francisco Solorzano Foppa, who made powerful…

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BusinessWorld

Super Typhoon Champi to bring rain over three areas — PAGASA

The trough of Super Typhoon Champi (international name) is expected to bring rain over three areas, posing a…

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BusinessWorld

SM Supermalls’ commitment to water stewardship and disaster resilience amid El Niño

With the El Niño phenomenon posing risks of prolonged dry spells and water shortages, water remains a critical…

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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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