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🇵🇭 Local Market Intelligence

Philippines Business News

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

10033 articles across all sources

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BusinessWorld

Villar’s majority switch raises doubts over impeachment court impartiality

SENATOR Mark A. Villar’s transfer to the Senate majority could undermine public confidence in the impartiality of Vice-President Sara Duterte-Carpio’s impeachment trial, political analysts said, amid investigations involving his family’s business interests.

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BusinessWorld

Philippines urged to boost defense spending despite military pact with France

THE PHILIPPINES should invest more in military equipment and technology to counter Chinese maritime pressure despite expanding its defense cooperation with France, security analysts said.

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BusinessWorld

Rushed 2027 budget poses bigger economic risk than delays — analysts

THE PHILIPPINES faces greater economic risks from a poorly scrutinized 2027 national budget than from a temporary budget reenactment, analysts said, as Vice-President Sara Duterte-Carpio’s impeachment trial threatens to disrupt congressional deliberations.

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BusinessWorld

CHED flagged over P6.6-B unused funds

THE COMMISSION on Higher Education (CHED) failed to use P6.61 billion in available funds in 2025, delaying scholarship…

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BusinessWorld

Two Filipinos hurt in Riyadh attack

AT LEAST TWO Filipinos were injured following an Oct. 10 missile and drone attacks on an international airport…

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BusinessWorld

Calabarzon workers to get higher pay

DOMESTIC WORKERS in Calabarzon will receive a P750 monthly pay hike while private sector employees will get daily…

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BusinessWorld

VP vows stronger regional cooperation against drug trafficking

VICE-PRESIDENT (VP) Sara Duterte-Carpio on Sunday said the Philippines should strengthen law enforcement and intelligence-sharing with Southeast Asian…

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BusinessWorld

Credit card expenses did not involve public funds, VP’s spouse says

THE husband of Vice-President (VP) Sara Duterte-Carpio on Sunday rejected the House prosecution’s attempt to link his personal…

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Manila Times Business

Trump sticks with tariffs even as US voters turn against them before the midterms

NEW YORK — Maybe President Donald Trump really does believe that “tariff” is the most beautiful word in the dictionary. Despite higher prices, criticism from trade experts and displeasure among voters, Trump holds fast to his belief that imposing the highest import duties on US trading partners since the Great Depression is a winner. A recent poll suggests that is a big gamble with less than a month before the Nov. 3 midterms. Most US adults disapprove of his trade policies, wi

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BusinessWorld Banking

Treasury bill, bond rates may go up on inflation concerns

RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) to be offered this week could end higher…

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BusinessWorld Banking

PNB may tap offshore debt market in early 2027

PHILIPPINE National Bank (PNB) is looking at tapping the offshore bond market early next year, its top official…

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BusinessWorld Banking

Strong retail bond take-up gives gov’t flexibility as markets remain volatile

THE STRONG DEMAND seen for the government’s latest retail Treasury bond (RTB) sale gives it room to be…

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BusinessWorld Banking

Peso likely to move sideways as markets await key US data

THE PESO is expected to be rangebound against the dollar this week as traders eye key inflation reports…

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BusinessWorld Banking

Yields end higher as data support BSP hike bets

YIELDS on government securities (GS) climbed across the board last week after faster-than-expected September inflation supported expectations that the Bangko Sentral ng Pilipinas (BSP) would keep its policy stance tight.

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BusinessWorld Banking

BSP bills’ yield climbs despite oversubscription

THE AVERAGE YIELD on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities climbed anew on Friday even after…

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BusinessWorld Banking

Bond market about to get uglier as yields rise

NEW YORK — It is white-knuckle time in the bond market. US Treasury yields have risen sharply since…

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BusinessWorld Economy

PHL has access to $500-M ADB disaster facility for El Niño relief

THE Philippines can tap a $500-million Asian Development Bank (ADB) loan facility to mitigate the impact of El…

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BusinessWorld Economy

Tax refunds, power costs top Japanese firms’ PHL worries

DELAYS in securing tax refunds and the high cost of power have emerged as the major concerns of Japanese companies doing business in the Philippines, according to the Japanese Chamber of Commerce and Industry of the Philippines, Inc. (JCCIPI).

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BusinessWorld Economy

Infrastructure slowdown to result in 2.7% contraction in PHL fixed-capital investment this year — World Bank

PHILIPPINE GROSS fixed-capital investment is expected to contract 2.7% this year as infrastructure delays, higher energy prices and weak investor confidence weigh on capital spending, the World Bank said.

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BusinessWorld Economy

Agencies ordered to show how their budgets reflect regional dev’t priorities

NATIONAL GOVERNMENT (NG) agencies will be required to explain how they considered regional development priorities in their budget…

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BusinessWorld Economy

DoT counting on tourism pickup in Q4

THE DEPARTMENT of Tourism (DoT) is expecting steady growth in tourist arrivals this year, with visits expected to…

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BusinessWorld Economy

LRT-2, MRT-3 O&M contract bundling still under review

THE Department of Transportation (DoTr) said the possibility of bundling the operations and maintenance (O&M) contracts of Light…

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BusinessWorld Economy

PHL seeks to expand footprint in Japan ornamental horticulture

THE Department of Agriculture (DA) said the Philippines has the potential to boost its ornamental horticulture exports to…

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BusinessWorld Economy

Is the internal audit profession in tune with change?

Businesses are operating in an increasingly complex environment, where risks once considered unlikely, or even unimaginable, now demand immediate attention. The speed, complexity, and interconnectedness of change are challenging organizational leaders to anticipate emerging threats, make timely decisions, and remain resilient.

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