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Philippines Business News

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

2342 articles from BusinessWorld

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BusinessWorld

How are Filipino consumers adjusting their spending?

FOR FILIPINO households, higher prices, elevated borrowing costs, and economic uncertainty have forced changes in spending behavior. Consumers are focusing on essentials, seeking better value, and cutting discretionary purchases.

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BusinessWorld

Listed firms keep investing but raise bar for projects

MAJOR Philippine listed companies are keeping capital spending on track but screening projects more closely for returns, risks, and recurring income as uncertainty persists, executives and analysts said.

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BusinessWorld

Stop predicting, start designing: Leadership for a converging-risk economy

FILIPINO COMPANIES know how to survive a crisis. They are less prepared for surviving several at once. Our firms have weathered typhoons, political transitions, financial shocks, and pandemic lockdowns, and each recovery has bred a quiet confidence that the next disruption will look like the last one. It will not.

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BusinessWorld

Philippine banks beef up buffers as risks persist

PHILIPPINE BANKS are well positioned to deal with challenging macroeconomic conditions caused by domestic and external shocks, armed with ample risk buffers to help them deal with slower loan demand, potential loan losses, and higher credit costs. The Bangko Sentral ng Pilipinas (BSP) said in a presentation to Congress in August that the Philippine banking […]

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BusinessWorld

BSP needs forward-looking policy, clear guidance to navigate prolonged uncertainty

THE Philippine central bank should take the long view when calibrating its monetary policy, even in the face of sudden, short-term shocks, as global economic conditions become increasingly uncertain and volatile.

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BusinessWorld

Building a crisis-ready Philippine economy in the age of AI

OVER the past few years, the world has become a lot more uncertain for businesses globally, but more so for Filipino companies.

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BusinessWorld

Delay in village, youth elections may weaken participation, waste funds

FURTHER DELAYS in the village and youth council elections could weaken voter and candidate participation, entrench incumbent officials and put at risk billions of pesos already spent on preparations, political analysts said.

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BusinessWorld

Philippines seeks investments, rail support from India

PRESIDENT Ferdinand R. Marcos, Jr. sought Indian investments and support for major Philippine rail projects during meetings with businesses and organizations in New Delhi, with some companies expressing interest in fresh capital and expansion in the Philippines, Malacañang said. “Some of them committed to invest fresh capital in the Philippines, some of them committed to […]

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BusinessWorld

France defense pact gives Manila strategic options

By Pexcel John Bacon THE Philippines’ defense agreement with France could boost deterrence, but its value depends on whether its expanding network of foreign partnerships translates into stronger and more self-reliant military capabilities, analysts said. Chester B. Cabalza, president of the International Development and Security Cooperation, said the Senate’s approval of the Philippines-France Status of […]

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BusinessWorld

DoLE pressed to uphold P85 NCR wage hike

THE Trade Union Congress of the Philippines (TUCP) on Sunday urged the Department of Labor and Employment (DoLE) to clarify the conflicting implementation of two wage orders in Metro Manila, saying uncertainty over the increases could further fuel worker protests. The labor group said DoLE should uphold National Capital Region (NCR) Wage Order No. 27, […]

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BusinessWorld

Food security project may expand

THE Investment Coordination Committee-Cabinet Committee (ICC-CC) may expand an ongoing food security project to more regions as the government seeks to address hunger and improve access to adequate nutrition. In a Facebook post, the Department of Economy, Planning, and Development (DEPDev) said the ICC-CC on Sept. 9 deliberated on the proposed geographic expansion of the […]

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BusinessWorld

Peaceful BARMM elections sought

SENATORS on Sunday have called for the peaceful and orderly conduct of the first parliamentary elections in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) to be conducted on Sept. 14 after four postponements. Senate Majority Floor Leader Juan Miguel F. Zubiri welcomed the upcoming polls, urging the electoral participants and authorities to remain impartial […]

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BusinessWorld

BSP urges fair treatment of PWDs

BANGKO Sentral ng Pilipinas (BSP)-supervised institutions (BSIs) must ensure their services and operations are not discriminatory toward persons with disability (PWDs), the regulator said. In a memorandum dated Sept. 8, the BSP reminded BSIs of their legal duty to provide fair and equitable treatment to all PWDs and ensure the accessibility of their financial products […]

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BusinessWorld

Isabela steps up El Niño response

ILAGAN CITY, Isabela — The Isabela provincial government stepped up response to El Niño after more than 118,000 farmers and fisherfolk were initially assessed to have been affected by prolonged dry conditions, with water shortages threatening about 31,000 hectares of farmland. Assistant Provincial Planning and Development Coordinator Lalaine C. Delmendo presented the situation and ongoing […]

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BusinessWorld

ASF puts Isabela hog raisers’ livelihoods at risk

ILAGAN CITY, Isabela — The livelihood of hundreds of hog raisers is now at risk as African swine fever (ASF) spreads to 18 towns and 85 villages, already affecting 120 raisers across Isabela. The Provincial Veterinary Office said the widening outbreak has prompted the provincial government and local government units (LGUs) to step up containment […]

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BusinessWorld

La Salle edges NU in UAAP opener

DE LA SALLE University flirted with a disaster before pulling off a great escape act from National University (NU), 89-87, to open its title retention bid on a good note on Sunday in the UAAP Season 89 men’s basketball at the Smart Araneta Coliseum. The reigning champions nearly wasted a 14-point lead in the payoff […]

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BusinessWorld

Gilas Pilipinas battles powerhouse team China in Aichi-Nagoya, Japan 2026 Asian Games

AN OPPONENT plotting revenge is the most dangerous one.

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BusinessWorld

WC-bound Filipinas face Uzbekistan in Asian Games

AFTER its beloved Gilas Pilipinas men in basketball, the Philippines deploys its world-class women’s football team into the early battles of the 20th Asian Games (Asiad) in Japan.

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BusinessWorld

GenSan’s Notre Dame of Dadiangas sees action in Rebisco U18 volleyball

VOLLEYBALL, like any other sports, gives hope to some who are dreaming big dreams. For these girls from Notre Dame of Dadiangas University (NDDU) from General Santos City, it gives them momentary sanctuary from the devastation caused by a super earthquake that hit Southern Mindanao three months ago. “We’ve been hit by the biggest earthquake […]

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BusinessWorld

US Open men’s final

For all the attention surrounding the resurgence of American men’s tennis, the 2026 United States Open men’s final will ultimately be decided by a German who has spent much of his career trying to establish himself among the sport’s elite. Alexander Zverev reached his second title match at Flushing Meadows by beating Karen Khachanov, 6-3, […]

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BusinessWorld

PHL stocks may drop further as war risks grow

PHILIPPINE SHARES may extend their decline this week as uncertainties over the Middle East conflict continue to weigh on sentiment, with investors also waiting for fresh trading drivers. On Friday, the bellwether Philippine Stock Exchange index (PSEi) fell by 0.61% or 37.42 points to close at 6,061.81, while the broader all shares index declined by […]

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BusinessWorld

External debt hits new record at just under $155 billion

OUTSTANDING external debt neared $155 billion to hit a new record, with the National Government (NG) and the private sector taking on new obligations, the Bangko Sentral ng Pilipinas (BSP) said. The BSP reported that the debt stock rose to $154.932 billion in the second quarter, up 5.14% from the first quarter. “Outstanding external debt […]

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BusinessWorld

Proposed extension of zero-duty EV imports, parts under review

THE GOVERNMENT is reviewing an industry proposal to extend zero import duties on electric vehicles (EVs) and their components beyond 2028, the Department of Trade and Industry said. “We’ll evaluate, as we move closer to 2028, if it was able to achieve the objective to build sufficient demand and put up the infrastructure (for EVs,)” […]

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BusinessWorld

Balisacan expects employment rebound in 2nd half

THE Department of Economy, Planning, and Development said it expects a rebound in job creation in the coming months, driven by seasonal hiring for the Christmas period and an anticipated recovery in the construction sector. “We expect some recovery in the second half especially in the fourth quarter, because some of the problems in the third […]

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