Philippines Business News

PHL pitching investors for $57M worth of agrifood projects at Rome FAO forum

THE PHILIPPINES is hoping to attract $57.4 million worth of agrifood investments at a United Nation-organized forum in…

Gap between pork farmgate, retail prices widening — Agri dep’t

THE Department of Agriculture (DA) said the gap between the farmgate and retail price of pork has increased by 38% since 2021, as it made the case for raising import tariffs to support hog raisers.

BRT systems for Iloilo, Bataan, Pangasinan being developed

THE Department of Transportation (DoTr) said it is developing bus rapid transit (BRT) systems for Iloilo, Bataan and…

Aerospace manufacturer to expand in Batangas

THE Philippine Economic Zone Authority (PEZA) said it signed a supplemental agreement with Global Aerospace Technology Philippines, Inc.…

Reclaiming excess creditable withholding taxes

In continuing to build a more structured and efficient tax administration system, the Bureau of Internal Revenue (BIR)…

BTr partially awards T-bills as yields climb on rate hike bets

THE GOVERNMENT made a partial award of the Treasury bills (T-bills) it offered on Monday amid weak demand…

Deutsche Bank expects further BSP tightening

DEUTSCHE BANK Research sees the Bangko Sentral ng Pilipinas (BSP) extending its tightening cycle with a fourth straight…

Peso inches higher as markets eye US inflation data

THE PESO went up against the dollar on Monday as traders stayed cautious before the release of key…

AM Best affirms Nat Re’s ratings

AM BEST has affirmed the credit rating and outlook for the National Reinsurance Corp. of the Philippines (Nat…

Malaysia’s 1MDB in settlement talks with Deutsche Bank, news report says

MALAYSIA’S state fund 1MDB is in talks to settle a legal dispute with Deutsche Bank, local media reported…

Shipping costs reach one third of crude oil value, energy ministers say

Philippine property slump seen extending into 2027

The Philippine residential property market is unlikely to regain significant momentum before late 2027 as excess condominium supply, rising costs, and expensive borrowing continue to constrain homebuyer demand.

Americans Hall and Woodford win Nobel economics prize for work on stabilization

The two developed new macroeconomic models that improved our ability to implement effective stabilization policy, enabling well-timed fiscal and monetary policy measures that can reduce the intensity of damaging swings in the economy

Canada, Western allies condemn Iran over alleged attacks across Europe

Fed’s Hammack says Treasury yields modest by historic standards

[Vantage Point] DBP’s bad loans: The failures behind the billions

The Commission on Audit has uncovered serious deficiencies in state-owned DBP's lending practices, credit safeguards, and recovery procedures

Fed’s Hammack calls for quick move to restrictive policy

Mining tycoon Joseph Sy to be released from BI detention under SC order

Immigration Commissioner Joel Viado says the release of Joseph Sy allows him to leave custody while judicial proceedings continue as ordered by the High Court but 'does not constitute a final determination of the questions surrounding his citizenship and identity'

PAL suspends Riyadh flights until Nov. 29 after airport attacks

Flag carrier Philippine Airlines has extended the suspension of its flights to and from Riyadh, Saudi Arabia until November 29 due to the evolving security situation at the city’s King Khalid International Airport.

Master Jason Chan Expands Won Yan Feng Shui Consultancy's Mission to Bring Chinese Metaphysics Into Modern Life

Singapore-based Feng Shui and Ba Zi strategist combines nearly two decades of industry experience with a counselling-informed approach as Won Yan Consultancy broadens its focus on education, practical guidance and modern applications of Chinese metaphysics. SINGAPORE, Oct. 12, 2026 /PRNewswire/ -- Won Yan Trading & Consultancy Pte Ltd, led by Feng Shui and Ba Zi strategist Master Jason Chan, is expanding its mission to make traditional Chinese metaphysics more accessible, practical, and relevant

Fuxing Island showcases Shanghai's innovation drive at IBLAC side event

SHANGHAI, Oct. 11, 2026 /PRNewswire/ -- A news report from english.shanghai.gov.cn The guests tour one of the booths at the event. The side event of the 38th International Business Leaders' Advisory Council for the Mayor of Shanghai (IBLAC) meeting, themed "Innovation Meets in Yangpu, A New Chapter Begins for Fuxing Island", was held on Shanghai's Fuxing Island on Oct 10. About 100 guests from around the world attended, touring development projects on the island and learning about the innovative

Hon Hai Technology Group (Foxconn)'s Kathy Yang Honored In Most Powerful Women Asia 2026 By Fortune

Technology sector leadership showcases Asia's formidable strength TAIPEI, Oct. 12, 2026 /PRNewswire/ -- Reflecting responsibilities that sit at the intersection of the physical industrial world and the AI world for the largest electronics manufacturer and AI server provider on the planet, Kathy Yang of Hon Hai Technology Group (Foxconn) (TWSE:2317) has been recognized in Most Powerful Women Asia 2026 by Fortune, for a second year. As General Manager of Global Campus Operations and Head of AI Sof

From Transformation Strategy to Workforce Action: Learning, Job Redesign and Skills Must Evolve Together

More than two in five business leaders (43%) say their organisation has a transformation strategy that exists mainly at leadership level and is not widely shared, while only 13% say it is documented and actively communicated across the organisation.While 84% of business leaders (13% strongly agree, 71% agree) say continuous learning is embedded into their organisational culture, only 19% of employees agree that it is embedded into their daily work. Instead, 45% of business leaders say learning d

The 9th "Youth Painting Contest" International Youth Art Exhibition Launches in Malaysia

KUALA LUMPUR, Malaysia, Oct. 12, 2026 /PRNewswire/ -- A report from InJiangsu. The 9th "Youth Painting Contest" International Youth Art Exhibition Launches in Malaysia The overseas launch ceremony of the 9th "Youth Painting Contest" International Youth Art Exhibition was held on Saturday at the National Craft Village in Kuala Lumpur, Malaysia. The event was co-hosted by the Jiangsu Broadcasting Corporation (JSBC) and its Malaysian partners, aiming to use art as a bridge to deepen mutual understa