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
AstraZeneca considering PHL clinical ‘center of excellence’
THE Department of Trade and Industry (DTI) said it entered into a partnership with AstraZeneca PLC, which is…
Read more →DBM asked to release rest of P45B for El Niño measures
THE Department of Agriculture (DA) said on Monday that it asked the Department of Budget and Management (DBM)…
Read more →Toshiba PHL expanding to make higher-value electronics products
TOSHIBA CORP. is planning to grow its production capacity in the Philippines to make more nearline hard disk…
Read more →Fuel price movements to be mixed this week
OIL COMPANIES signaled that fuel price adjustments will be mixed this week due to the volatility of energy…
Read more →ADB technical assistance to help PHL deal with money laundering, terrorist finance
TECHNICAL ASSISTANCE from the Asian Development Bank (ADB) to help the Philippines deal with illicit finance is expected…
Read more →ADB could invest in PHL-focused PE fund
THE Asian Development Bank (ADB) is considering investing in Navegar III, potentially joining other international development institutions backing…
Read more →IEMOP told to withhold 2% from genco remittances
THE Bureau of Internal Revenue (BIR) has ordered the Independent Electricity Market Operator of the Philippines (IEMOP) to…
Read more →Region’s geothermal potential estimated at 34 GW with sufficient policy support
SOUTHEAST ASIA could unlock geothermal power potential of 34 gigawatts (GW) with the right mix of policy support,…
Read more →Meat seizures in Pasay City top P5 million
THE Department of Agriculture (DA) said it and the National Bureau of Investigation (NBI) seized P5.19 million worth…
Read more →Rice stocks fall 8% in early Sept., corn up 47%
THE national rice inventory fell 8% year on year as of Sept. 1, while corn stocks rose 47%,…
Read more →The first year of VAT on digital services
While rewatching When Life Gives You Tangerines, one of my favorite Korean dramas, I found myself appreciating how…
Read more →Trade deficit expected to widen as El Niño forces more food imports
THE trade deficit could widen in the coming months as dry conditions brought by El Niño compel the country to import more agricultural commodities, analysts said.
Read more →El Niño threat driving buildup of food stocks, storage capacity
THE Department of Agriculture (DA) said its preparations for the El Niño include building up stocks of food…
Read more →Gov’t plans 10,000-unit solar irrigation network to boost food security
THE GOVERNMENT plans to expand its solar-powered irrigation program to 10,000 sites by 2030, according to Executive Secretary…
Read more →Sugar industry consensus rules out US exports, entire crop set to be allocated for domestic use
THE sugar industry has reached a consensus not to fill the US sugar quota this year and reclassify…
Read more →Consultants asked to determine valuation of PHIVIDEC power plant in Misamis Oriental
STATE-RUN Power Sector Assets and Liabilities Management Corp. (PSALM) said it is working to privatize a 232-megawatt coal-fired…
Read more →DENR appeals Supreme Court charcoal ruling
THE Department of Environment and Natural Resources (DENR) asked the Supreme Court (SC) to reconsider its ruling rejecting…
Read more →Domain expertise seen as key to survival for BPO workers during transition to AI
THE outsourcing industry must adopt specialized artificial intelligence (AI) agentic platforms by 2027 to protect its position as…
Read more →How AI is transforming cybersecurity managed services
Every October, governments, businesses, academic institutions and cybersecurity professionals observe Cybersecurity Awareness Month through initiatives promoting responsible digital behavior. SGV stands with the broader cyber community in advancing this shared objective.
Read more →HSBC Private Bank survey signals major AI push by PHL entrepreneurs
PHILIPPINE entrepreneurs are planning significant investments in artificial intelligence (AI), with 87% planning to spend more than a…
Read more →DENR seeks quick access to global forest preservation fund
THE Department of Environment and Natural Resources (DENR) said the Philippines is ready to be among the first…
Read more →Climate commission flags rising PHL carbon intensity
THE PHILIPPINES’ national carbon intensity continues to rise, according to the Climate Change Commission (CCC). Speaking before corporate…
Read more →Cancer’s $25T toll: stakeholders warned of critical funding shortfall
By Jovenal M. Francisco, Contributor HONG KONG — The estimated global economic cost of cancer between 2020 and…
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