Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
10039 articles across all sources
Lies, damn lies and statistics
“There are three kinds of lies: lies, damned lies and statistics.”
Read more →Market to remain volatile
Volatility is expected to prevail in the local market this week, with investors keeping an eye on the results of the Bangko Sentral ng Pilipinas (BSP)’s upcoming policy meeting.
Read more →‘Persistent BOP deficit, dwindling forex reserves add pressure to peso’
The Philippines needs to strengthen its sustainable sources of foreign exchange as persistent balance of payments (BOP) deficits and further declines in reserves could increase the economy’s vulnerability to external shocks and put more pressure on the peso, according to GlobalSource Partners.
Read more →Phl should diversify economic engagements
The continuing geopolitical turmoil stemming from US President Donald Trump’s tariff restructuring and its conflict with Iran — aggravated by the Philippines’ strained relationship with China over geopolitical issues — has put the Philippine economy and the Filipino business community perilously navigating the currents that threaten to upend the local economy and leave it further behind in attaining economic prosperity compared with its 10 Association of Southeast Asian N
Read more →Raslag hunts for new renewable power bets
Nepomuceno-led Raslag Corp. stays on the hunt for new renewable energy investments as it enters its next expansion phase and targets a bigger role in green power biddings.
Read more →Splash brothers want another shot at beauty products
The Splash brothers are pursuing another title.
Read more →The long bond strikes back
The world’s biggest bond market sent a warning last week.
Read more →Cautious trade likely before BSP policy meeting
PHILIPPINE SHARES may move cautiously this week as the market awaits the Bangko Sentral ng Pilipinas’ (BSP) review for clues on its policy direction as the conflict in the Middle East continues to weigh on domestic inflation expectations. On Thursday, the Philippine Stock Exchange index (PSEi) rose by 1.3% or 80.12 points to close at […]
Read more →Analysts warn vs changing 16-vote rule in Duterte impeachment trial
CHANGING the 16-vote threshold for conviction in the impeachment trial could create a dangerous precedent and raise questions about how the constitutional requirement should apply when some senator-judges cannot participate, political analysts said.
Read more →Court should lift wage hike injunction in the absence of bond, labor groups say
THE WRIT blocking Metro Manila’s P60 wage increase should be lifted after the employers who obtained the injunction admitted they could not post the P10-billion bond required by the court, labor leaders said, arguing that the regional trial court (RTC) has no choice but to set aside the writ unless the condition for its issuance is met.
Read more →Analysts question need for economic recovery-focused Senate body
ANALYSTS questioned the need for the Senate’s proposed Reinvigorate Investment and Sustainable Economic Growth (RISE) ad hoc committee, saying its mandate overlaps with existing bodies that already handle economic policy, investment, taxation, trade, infrastructure and public finance.
Read more →Saudel may enter PAR as super typhoon
TYPHOON SAUDEL may enter the Philippine area of responsibility (PAR) as a super typhoon on Monday, while a separate tropical depression near the country’s eastern boundary could also enter the country’s monitoring area, the state weather bureau said. Depending on the movement and intensity of the system, it may enter PAR by Monday morning or […]
Read more →Poverty decline questioned
A LAWMAKER on Sunday slammed the Marcos administration over its presentation of the latest poverty data, questioning the government’s claim of a historic decline in poverty even as more Filipino families reported experiencing hunger and poverty. In a statement, Party-list Rep. Antonio L. Tinio said that the government should not use the Philippine Statistics Authority’s […]
Read more →UNICEF flags lack of child-focused measures in PHL’s crisis response
THE PHILIPPINES has responded to the economic fallout from the Middle East conflict through cash assistance, but the United Nations Children’s Fund (UNICEF) warned that existing measures across the region have yet to specifically address the risks facing children. In its 2026 Asia-Pacific Social Sector Budget and Expenditure Outlook, UNICEF identified the Philippines and Fiji […]
Read more →17 Filipinos confirmed safe after Black Sea attacks
THE DEPARTMENT of Migrant Workers (DMW) on Sunday confirmed the safety of 17 Filipino crew members of a motor vessel in the Black Sea affected by the drone attacks near Novorossiysk, Russia. The DMW announced that the manning agency of M/V Anna S gave the confirmation on Saturday evening, adding that the seafarers received $300 […]
Read more →DepEd told to hasten recruitment
SENATE PRESIDENT Sherwin T. Gatchalian on Sunday called on the Department of Education (DepEd) to expedite its hiring of personnel to fill the newly approved 133 plantilla positions in the agency, including teachers and therapists for learners with disabilities. In a press statement, Mr. Gatchalian said the hiring of staff for the positions senior education […]
Read more →Recto tells public to improve waste disposal practices
THE GOVERNMENT has called on the public to improve waste disposal practices amid efforts to address flooding and solid waste management. “The first line of defense” against flooding and garbage begins in communities, Executive Secretary Ralph G. Recto said in a statement on Sunday, urging local government units (LGUs) to work with the national government. […]
Read more →Police officer, 2 dealers dead in botched gun deal sting
COTABATO CITY — A police officer and two known illegal gun dealers were killed in an entrapment operation in Pagadian City that went awry before dawn on Sunday. Officials of the Police Regional Office 9 (PRO-9) and local executives in Pagadian City separately told reporters at noon on Sunday that Major Aiman Khuzaimah P. Pantaran, […]
Read more →NIA eyes five small reservoir projects in Ilocos Norte
LAOAG CITY — The National Irrigation Administration (NIA) is assessing sites for five proposed small reservoir irrigation projects (SRIPs) in Ilocos Norte as it seeks to expand water access for farmers and boost agricultural production in the northern province. NIA Senior Deputy Administrator Robert C. Suguitan led officials and technical personnel in inspecting the proposed […]
Read more →GOCC subsidy disbursements fall short of H1 target
SUBSIDY DISBURSEMENTS to government-owned and -controlled corporations (GOCCs) failed to hit the targeted total for the first half, leaving nearly two-thirds of the full-year target still undisbursed. The Development Budget Coordination Committee’s quarterly fiscal program indicated that subsidy releases budgeted at P180.41 billion in the first half, comprising P26.84 billion in actual first-quarter disbursements and […]
Read more →Mandate to expand benefits seen weighing on PhilHealth profitability
THE PHILIPPINE Health Insurance Corp. (PhilHealth) said it is unlikely to break even this year as it has been tasked with expanding benefits.
Read more →40 diesel plants face suspension after failing to heed DoE warnings
THE Department of Energy (DoE) is preparing to recommend the suspension of around 40 diesel power plants for failing to act on show-cause orders. “We’ve given them a warning. And we are now in the process of recommending suspension to the ERC (Energy Regulatory Commission),” Energy Secretary Sharon S. Garin said on the sidelines of […]
Read more →Hog, chicken, dairy output rise in second quarter
HOG, CHICKEN, and dairy output rose in the second quarter, according to the Philippine Statistics Authority (PSA). The PSA said hog production in the three months to June rose 5.6% to 412.28 thousand metric tons (MT) on a liveweight basis. The swine inventory as of June 30 declined 1% to 8.93 million head, with 79.3% […]
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