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
Work to resume on 4 NFA facilities in Nueva Ecija
By Moureen Ylessandra B. Dizon WORK will resume soon on four National Food Authority (NFA) facilities in Nueva…
Read more →NG debt tops P19.6 trillion at end of August
THE National Government’s (NG) outstanding debt rose to P19.607 trillion at the end of August, on gains in…
Read more →PCC reinstates 30-day filing for mergers and acquisitions
THE Philippine Competition Commission (PCC) reinstated its 30-day filing timeline for merger and acquisition transactions, effective Oct. 3.…
Read more →Unified excise taxes seen curbing misdeclaration, ‘technical smuggling’ of e-liquids
KUALA LUMPUR — The Department of Finance’s (DoF) proposal to rationalize excise taxes on electronic cigarettes could help…
Read more →Open monitoring platform for budget disclosures established
THE GOVERNMENT has institutionalized a unified digital platform to consolidate and publish public spending statistics, which is designed…
Read more →E-invoicing: When compliance outpaces readiness
For years, the Bureau of Internal Revenue (BIR) has steadily laid the groundwork for the country’s transition to…
Read more →Philippines, Canada exploring big-ticket infra collaboration
THE Department of Transportation (DoTr) said it is in talks with the Canadian government for possible collaboration in…
Read more →DTI, foodpanda sign MSME upskilling partnership
THE Department of Trade and Industry (DTI) said it signed a partnership with foodpanda Philippines involving capacity-building for…
Read more →Mindanao flagged as key tobacco smuggling hub
KUALA LUMPUR — Mindanao has been identified as a key entry point for illicit tobacco from Malaysia and…
Read more →Japan researchers expect deep planting methods to help sugarcane farms withstand El Niño
THE Japan International Research Center for Agricultural Sciences (JIRCAS) is promoting deep planting technology to help sugarcane farmers…
Read more →PHL hoping India trade deal increases market access for farm goods, auto parts
THE PHILIPPINES wants greater market access for its exports of agricultural and automotive parts when it embarks on…
Read more →P60 gov’t subsidy to help SMEs afford wage hikes
SMALL AND MEDIUM enterprises (SMEs) struggling with recent minimum wage hikes will be eligible for a government subsidy…
Read more →Maynilad reports decline in non-revenue water to 31.5%
WEST ZONE concessionaire Maynilad Water Services, Inc. said non-revenue water (NRW) improved to 31.5% in the first six…
Read more →Manufacturers not requesting to raise basic goods prices — DTI
THE Department of Trade and Industry (DTI) said it has not received any requests from manufacturers to raise…
Read more →Inflation sensitive to fare hikes due to heavy transport weighting — analysts
FARE HIKES for all public utility vehicle types are expected to stoke inflation and raise delivery costs, analysts…
Read more →Sugar task force to coordinate response to pest infestations, natural disasters
THE Sugar Regulatory Administration (SRA) and the Department of Agriculture (DA) will create a National Task Force to…
Read more →PHL urged to leverage undersea cable connectivity to attract data centers
THE PHILIPPINES must leverage its subsea connectivity and build a secure power supply to expand its data center…
Read more →PHL, UK-ASEAN Business Council explore workforce dev’t collaboration
THE PHILIPPINES and the UK-ASEAN Business Council (UKABC) are discussing potential partnerships in education, training, and workforce development…
Read more →Camarines Norte pineapple industry gets P10.8-million modular cold-storage facility
THE Department of Agriculture (DA) said the pineapple industry in Vinzons, Camarines Norte was provided a P10.8-million modular…
Read more →QDMTT and Transfer Pricing: The new power couple that Philippine businesses cannot ignore
What if a transfer pricing adjustment did more than increase corporate income tax? What if it also triggered…
Read more →NFA draws down buffer stock, to build up again after harvest
THE National Food Authority (NFA) said it is clearing its warehouse inventories to an estimated three days’ worth…
Read more →EU pursuing digital connectivity, green-economy Corridor projects
THE European Union (EU) is looking to invest in digital connectivity and green economy projects in the Luzon…
Read more →Thin rice reserves flagged as risk ahead of El Niño
THE EL Niño event is highlighting the risks associated with the thinning levels of rice reserves maintained by…
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