Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
319 articles from BusinessWorld Economy
Beverage industry claims inadequate consultation on increased sugar tax
A BEVERAGE industry association said further dialogue with the government is needed regarding a proposed tax hike on…
Read more →Trade negotiator Gepty snags Court of Appeals appointment
PRESIDENT Ferdinand R. Marcos, Jr. appointed Trade Undersecretary Allan B. Gepty as Associate Justice of the Court of…
Read more →Powering up remote areas seen costing up to P27B per 100,000 households
ENERGIZING remote areas will cost between P20-27 billion per 100,000 households, the Department of Energy (DoE) said. Luningning…
Read more →Central Luzon MSME fair generates P58M worth of orders and leads
THE Department of Trade and Industry (DTI) said its recent trade fair for Central Luzon-based micro, small and…
Read more →NCR Busway project study fast-tracked
THE Department of Transportation (DoTr) said it plans to fast-track the detailed feasibility study for the National Capital…
Read more →Scam losses reckoned at nearly P122 billion in 2025
FILIPINO ADULTS lost P121.8 billion to scams last year, according to a survey conducted by the Global Anti-Scam…
Read more →PHL-backed oil stockpiling proposal draws Saudi, UAE interest
SAUDI ARABIA and the United Arab Emirates (UAE) have expressed willingness to cooperate on efforts to strengthen oil…
Read more →WB sees tough regional competition for data centers
THE Philippines faces strong regional competition for artificial intelligence (AI)-focused data-center investments, with the World Bank (WB) singling…
Read more →NGCP lining up more power reserve deals for Visayas
THE National Grid Corp. of the Philippines (NGCP) is seeking to sign more power reserve deals to comply…
Read more →PHL deemed among top regional choices for VC, but tiny fraction goes to women-led firms
THE PHILIPPINES is viewed as an attractive venture capital (VC) destination in Southeast Asia, but very little funding…
Read more →Malaysia hoping to sustain palm oil export growth to PHL after shipments top 700,000 metric tons
KUALA LUMPUR — Malaysia is hoping to grow its palm oil exports to the Philippines even in the face of growing domestic production in its Southeast Asian neighbor, the Malaysian Palm Oil Council (MPOC) said.
Read more →Poorest 30% households experienced 23.6% rice inflation in September
RICE INFLATION for the bottom 30% income segment of households hit 23.6% in September, from 22.5% a month…
Read more →PHL, South Korea negotiating deals for carbon market cooperation
THE PHILIPPINES and South Korea are negotiating two cooperation agreements involving joint work on carbon market mechanisms, the…
Read more →Reinventing Philippine business for growth
On Sept. 8, PwC Philippines and the Management Association of the Philippines launched their annual CEO survey, which…
Read more →Agricultural exports plunge 26.1% in August
AGRICULTURAL EXPORTS fell 26.1% in August to $554.70 million, bringing two-way farm trade to $2.22 billion, the lowest…
Read more →PHL urged not to surrender high-value work to foreign Pax Silica partners
THE Pax Silica initiative opens up opportunities for the Philippines to embed itself into global technology networks, but its objective should be to capture a share of the high-value parts of the supply chain, GlobalSource Partners, Inc. said.
Read more →Energy department targets 2030 rollout for 1%-blend sustainable aviation fuel
THE PHILIPPINES is pushing for a 1% sustainable aviation fuel (SAF) blend by 2030 to help decarbonize the…
Read more →DA pushes to extend toll fee waiver for produce haulers until end of year
THE Department of Agriculture (DA) said it is negotiating with toll road operators to extend the toll waiver…
Read more →DHL Philippines on track for fully electric fleet by 2030
DHL Express Philippines said it remains on target to fully electrify its vehicle fleet by 2030. “We’ve got…
Read more →P300-million funding proposed to expand ube production
THE Department of Agriculture (DA) said it needs P300 million to expand ube (purple yam) production by doubling…
Read more →Extra corn imports defended before Congress as precaution vs El Niño
THE Department of Agriculture (DA) said on Tuesday that it wants to import corn beyond the minimum access volume (MAV) to address shortages while taking care to shield domestic farmers against an influx of imports during the harvest.
Read more →PHL’s first battery recovery facility expected to be completed this year
TSUMUGI ELV Dismantling Corp. (En Tsumugi), which is behind the country’s first model end-of-life vehicle (ELV) dismantling plant,…
Read more →PPP Center signs deal with Lapu-Lapu City to build capacity for executing PPP projects
LAPU-LAPU CITY is seeking to develop more infrastructure and public service projects through public-private partnerships (PPPs), the PPP…
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