Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
10030 articles across all sources
Nearly half of Filipinos expect better living conditions in next 12 months
ABOUT 48% of adult Filipinos surveyed in June believed their personal condition would get better over the coming 12 months, climbing from 38% in March, according to a Social Weather Stations (SWS) survey. In a statement on Wednesday, the pollster said its second-quarter 2026 survey found 31% expecting their living standards to stay the same, […]
Read more →Gov’t to keep investing in education
PRESIDENT Ferdinand R. Marcos, Jr. vowed to sustain the government’s investments in basic education after the Philippines logged its best scores yet in an international student assessment. Mr. Marcos made the pledge after the Organisation for Economic Co-operation and Development (OECD) released the 2025 Programme for International Student Assessment (PISA) results, which showed the Philippines […]
Read more →Schools must act first vs bullying
THE Department of Justice (DoJ) said schools should primarily handle bullying incidents involving their students, while cases requiring legal or prosecutorial intervention may be referred to its offices. “Addressing bullying is not only the responsibility of the person being bullied. It is also the responsibility of teachers, parents, school personnel, and everyone in the school […]
Read more →Budget realignments eyed to boost infra spending
THE House of Representatives is eyeing an increase in infrastructure spending for 2027, with lawmakers considering the realignment of funds from other agencies with low utilization to help boost the Department of Public Works and Highways (DPWH) budget. Surigao del Sur Rep. Romeo S. Momo, Sr., vice-chairperson for the Committee on Appropriations, said on Wednesday […]
Read more →Senate eyes finance subpanel shifts amid Legarda absence
SENATE Finance Committee Chairperson Joseph Victor “JV” G. Ejercito said government agencies assigned to the subcommittee of Senator Lorna Regina “Loren” B. Legarda, who is on extended medical leave, may be reassigned should she fail to return in two to three weeks. Mr. Ejercito said on Wednesday the budget process is being hounded by logistical […]
Read more →DEPDev told to identify labor master plan gaps
SENATOR Joel J. Villanueva has called on the Department of Economy, Planning and Development (DEPDev) to come up with an account of gaps and progress of the implementation of the national labor master plan following rise in jobless rate. In a press statement on Thursday, Mr. Villanueva, who chairs the Labor committee, raised concerns over […]
Read more →Dismissal of complaints vs House prosecutors clears way for impeachment witnesses
THE dismissal of the complaint filed against House of Representatives prosecutors has removed a possible hurdle for witnesses who are expected to testify in the impeachment trial of Vice-President Sara Duterte-Carpio, Manila Rep. Joel R. Chua said on Wednesday. The dismissal of the complaint filed by Manases “Mans” R. Caprio was expected, calling the case […]
Read more →Palace: No special treatment for Romualdez
MALACAÑANG on Wednesday pushed back against claims that former House Speaker Ferdinand Martin G. Romualdez received special treatment following his arrest, saying his hospital confinement was based on doctors’ medical findings, not political consideration. Mr. Romualdez, a cousin of President Ferdinand R. Marcos, Jr., was served an arrest warrant at a hospital in relation to […]
Read more →DICT bids out P519-M middle-mile fiber contract in Zamboanga, BARMM
THE Department of Information and Communications Technology (DICT) opens bidding for a P519.16-million contract to design and build the middle-mile fiber project in Zamboanga and Northern Mindanao. In a bid notice, the DICT sought out interested parties for Phases 4 and 5 of the Middle Mile 1 fiber optic cable project in the Zamboanga Peninsula […]
Read more →MMPC remits P9B to BoC’s Batangas port
MITSUBISHI Motors Philippines Corp. (MMPC) has remitted P9.05 billion to the Bureau of Customs (BoC)-Port of Batangas in the first seven months, making it one of the port’s top three contributors of import revenues. The automaker’s remittances account for 6.3% of the agency’s total collections as of end-July, it said in a statement on Wednesday. “The recognition […]
Read more →Court convicts 3 in Degamo slay case
THREE men linked to the fatal shooting of former Negros Oriental Governor Roel R. Degamo were convicted in separate cases involving illegal possession of firearms and ammunition and unlawful possession of explosives. The Manila Regional Trial Court Branch 40 found Joric G. Labrador, Joven C. Javier and Benjie B. Rodriguez guilty beyond reasonable doubt, the […]
Read more →SC limits indigenous peoples commission jurisdiction
THE Supreme Court (SC) has ruled that the National Commission on Indigenous Peoples (NCIP) has jurisdiction over disputes involving indigenous peoples only when both parties belong to the same indigenous group. In a decision penned by Associate Justice Henri Jean Paul B. Inting, the SC’s Third Division dismissed the petition of spouses Elvin and Jocelyn […]
Read more →Namfrel flags risks to BARMM poll legitimacy
THE National Citizens’ Movement for Free Elections (Namfrel) warned that five political and security risks could trigger a dispute over the legitimacy of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) parliamentary elections despite the Commission on Elections’ (Comelec) technical readiness for the Sept. 14 polls. In its pre-election assessment released on Wednesday, Namfrel said […]
Read more →Philippine stocks rise further on foreign buying
PHILIPPINE STOCKS climbed further on Wednesday as bargain hunting and foreign buying continued to lift the market, although gains were limited as investors stayed cautious amid uncertainties. The Philippine Stock Exchange index (PSEi) rose by 0.17% or 10.54 points to close at 6,116.53, while broader all shares index inched up by 0.04% or 1.28 points […]
Read more →Iloilo taxi operators, ride-hailing firm branch out to EV services
One of the country’s major ride-hailing companies has teamed up with two Iloilo transport operators to expand access to electric vehicle (EV) ride-hailing services in Western Visayas.
Read more →Looming end of gov’t term sets off rush to sign PPP deals
THE Public-Private Partnership (PPP) Center expects its P3.07-trillion project pipeline to grow further towards the end of the current administration, with implementing agencies seeking to get more projects approved and awarded before the leadership transition.
Read more →Ease of doing business seen as key to addressing joblessness
THE GOVERNMENT will focus its job-creation efforts on improving the ease of doing business, through which it hopes to attract more investment, Malacañang said on Wednesday after the unemployment rate rose to 6% in July, its highest level in four years.
Read more →Eligible exporters allowed to claim VAT refunds pending zero-rating certification
THE Bureau of Internal Revenue (BIR) said qualified export-oriented enterprises may claim refunds for value-added tax (VAT) paid on eligible purchases and imports while waiting for their zero-rating certification. “Export-oriented enterprises (EOEs) received their VAT zero-rating certifications on different dates during the transition period,” BIR Commissioner Charlito Martin R. Mendoza said in a statement on […]
Read more →Over 100,000 households identified as potential microgrid customers
THE Department of Energy (DoE) said it set a target of more than 100,000 households in remote areas to be potentially served by microgrids in the next project bidding round. In a statement on Wednesday, the DoE said it identified 369 unserved and underserved areas across 23 provinces for potential inclusion in the upcoming microgrid […]
Read more →Banana exporters sign deals to ship saba to Hong Kong, New Zealand
THE Department of Agriculture (DA) said on Wednesday that banana exporters signed contracts with Hong Kong and New Zealand companies to supply Cardaba bananas (saba). The contracts were signed during the Asia Fruit Logistica exhibition in Hong Kong, to which the Philippines returned after a 10-year absence. Arnel V. De Mesa, DA spokesman and agriculture […]
Read more →PHL students more dependent on AI than peers in OECD — PISA
FILIPINO STUDENTS are turning to artificial intelligence (AI) for schoolwork at higher rates than their peers in most Organisation for Economic Co-operation and Development (OECD) countries, according to the 2025 Programme for International Student Assessment (PISA).
Read more →LRT-1 Las Piñas construction timeline estimated at 3 years
THE Department of Transportation (DoTr) said it expects a three-year construction timeline for the Las Piñas station of the Light Rail Transit Line 1 (LRT-1) Cavite extension. “Once we have the formal permit to enter, we will proceed with the demolition. Based on our estimate, it will take three years including demolition, acquisition, design and […]
Read more →P6.2 billion released soon for El Niño farm aid
THE Department of Agriculture (DA) said on Wednesday that it expects the imminent release of a P6.2-billion Special Allotment Release Order that will fund fuel and fertilizer assistance to farmers during the El Niño episode. Arnel V. De Mesa, DA spokesman and agriculture assistant secretary for special concerns and official development assistance, told reporters that […]
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