Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
2358 articles from BusinessWorld
PLDT named Company of the Year at Quill Awards
PANGILINAN-LED PLDT Inc. was named Company of the Year at the 22nd Philippine Quill Awards after securing 21 awards for its communications programs and initiatives. The listed telecommunications company received eight Awards of Excellence and 13 Awards of Merit, PLDT said in a media release on Wednesday. “At PLDT and Smart, we’d like to think […]
Read more →Samsung S26 FE now in the Philippines
THE SAMSUNG Galaxy S26 FE is now official in the Philippines, completing the series lineup. Launched last week, the Galaxy S26 FE is priced at P46,990 for the 128GB model, P53,990 for 256GB, and P67,990 for 512GB. The phone’s memory is at 8GB across all variants. It comes in three colors, Blueberry, Graphite, and Pistachio, […]
Read more →Deadly Nepal flood and the price of staying standing
CLIMATE CHANGE has acquired a problem of persuasion. Those of us who work on natural resources and climate risk are routinely cautioned against sounding apocalyptic. Doom, we are told, is a poor currency for engagement: repeat the word “catastrophe” often enough and urgency curdles into fatalism.
Read more →Wrong turn during Chinese craving works out for the better
WE WERE on our way to a neighborhood favorite Chinese restaurant last month when a sign down Congressional Ave. led us to Binondo Boys instead.
Read more →AirAsia-Pegasus deal widens Europe access for Filipino travelers
FILIPINO TRAVELERS are set to gain more connecting options to Europe after Malaysian low-cost carrier AirAsia entered its first codeshare agreement with Türkiye-based Pegasus Airlines, linking their networks through Istanbul. The agreement comes as the Philippines and Türkiye move to expand air connectivity following recently concluded bilateral air talks. “By connecting our extensive network across […]
Read more →SM plans Harrison Plaza floor for local, emerging designers
SM SUPERMALLS plans to allocate a floor of the redeveloped Harrison Plaza in Manila to local and emerging designers as it shapes parts of the mall around younger consumers, company President Steven T. Tan said. “We focus on the youth,” Mr. Tan told reporters on the sidelines of the company’s Mid-Year Business Review on Tuesday. […]
Read more →More choices, not just ‘free,’ is what really protects Filipino consumers
AS BIG BANKS waive transfer fees, it’s worth remembering that a healthy mix of financial companies, not a single free option, is what has kept costs down and services improving for ordinary Filipinos.
Read more →Fish below, power above
Some years back, I visited a farm in Bataan planted with both mangoes and rice, alongside a fishpond. On the farm was a swimming pool filled with untreated water drawn by pump from a nearby well. That same water irrigated the surrounding rice land and mango farm, and filled the pond. What struck me as […]
Read more →Fogo de Chão announces new location as it marks its first year
SINCE the announcement that it was coming to our shores back in 2022, our chops were already watering for Fogo de Chão’s signature slices of meat barbecued Brazilian-style. After finally opening in 2025, it celebrates one year of filling up Filipinos’ stomachs. During lunch on Aug. 14 (it opened on Aug. 18), we were introduced […]
Read more →Motorists get NLEX toll rebates as Marcos orders relief for flooded route
MOTORISTS using a stretch of the North Luzon Expressway (NLEX) will not have to pay toll starting on Wednesday after flooding in Pampanga caused days of severe traffic congestion, Malacañang said.
Read more →SC: Homeowners’ groups can penalize unpaid dues but can’t block road access
HOMEOWNERS’ associations may impose penalties on members who fail to pay association dues, but they cannot prohibit them from using subdivision roads and other common areas, the Supreme Court (SC) has ruled.
Read more →AIIB commits $200 million for Metro Manila’s flood control projects
THE Metropolitan Manila Development Authority (MMDA) has secured an initial $200-million funding commitment from the Asian Infrastructure Investment Bank (AIIB) to help build five priority flood catchment projects under its flood management program. MMDA Chairman Romando “Don” S. Artes said the priority sites are Camp Aguinaldo, Miriam College, Remedios Circle, Rajah Sulayman Park and the […]
Read more →Senate clears anti-nepotism contract bill
THE Senate has approved on third and final reading a bill that would bar relatives of public officials within the fourth civil degree of consanguinity or affinity from participating in government contracts and projects. Fifteen senators voted to pass Senate Bill No. 1962, or the proposed Government Contracting and Procurement Integrity Act, which seeks to […]
Read more →Oil reserve measure filed in Senate
SENATOR Lorna Regina B. Legarda has filed a bill authorizing the government to perform measures preventing energy market abuse by allowing the Department of Energy (DoE) to examine fuel inventories and prescribe temporary pricing during fuel emergencies. “Monitoring is different from regulating. In normal times, the DoE must know the true state of supply, costs, […]
Read more →Poa: No CIF used in VP programs
VICE-PRESIDENT (VP) Sara Duterte-Carpio’s legal spokesperson Michael T. Poa said no confidential and intelligence funds (CIF) from the Department of Education (DepEd) were given to the Armed Forces of the Philippines (AFP) for youth activities despite AFP certifications attached to the VP’s liquidation reports. “Yes, I confirm that… As to confidential funds,” Mr. Poa, who […]
Read more →Jinggoy to pursue legal remedies
SENATOR Jose “Jinggoy” P. Ejercito Estrada, Jr. said he would pursue legal remedies after the Sandiganbayan allowed former Public Works Secretary Manuel M. Bonoan to be dropped as a co-accused in the plunder case against him. “While I respect the decision of the Sandiganbayan, I wish to emphasize that there remain legal remedies available to […]
Read more →OVP gets P785.2-M budget nod
THE House of Representatives Committee on Appropriations on Wednesday approved the proposed P785.2-million budget of the Office of the Vice-President (OVP) for 2027, extending parliamentary courtesy despite raised concerns. Party-list Rep. Robert L. Nazal moved to terminate budget deliberations to grant the OVP the same parliamentary courtesy extended to the Office of the President on […]
Read more →About P4B in NCR wages withheld
NEARLY P4 billion in wages may have been withheld since the first tranche of the Metro Manila minimum wage increase was halted, NAGKAISA Labor Coalition said as it urged the government to defend its implementation. The Regional Tripartite Wages and Productivity Board-National Capital Region (RTWPB-NCR) held a public hearing on minimum wage determination on Wednesday, […]
Read more →Angat Dam water level recovers after rains
THE water level of Angat Dam has started to go above its minimum operating level, the Metropolitan Waterworks Sewerage System (MWSS) said, recovering from its previously low reservoir level brought about the impacts of El Niño phenomenon. In a statement on Wednesday, MWSS Corporate Office said the Angat Dam’s water level has increased to 201.91 […]
Read more →Pangilinan seeks strict DENR review after floods
THE Department of Environment and Natural Resources’ (DENR) spending for anti-pollution programs will undergo strict Senate review, Senator Francis Pancratius N. Pangilinan said on Wednesday, as he attributed the widespread flooding to poor urban development. In a press statement, Mr. Pangilinan called on the DENR to enforce stricter regulations on reclamation, quarrying, mining and land […]
Read more →DoH eyes preventive HIV treatment coverage, expanded testing
THE Department of Health (DoH) on Wednesday said the outpatient package for human immunodeficiency virus (HIV) under the Philippine Health Insurance Corp. (PhilHealth) will be expanded to cover preventive medicine and expanded testing, as it seeks to have 95% of people living with HIV (PLHIV) undergo treatment. “PhilHealth is going to expand the coverage of […]
Read more →DoLE, NEA to form tripartite council for electric cooperatives
THE Department of Labor and Employment (DoLE) and the National Electrification Administration (NEA) are working to establish a tripartite council that will provide a permanent forum for addressing labor and employment concerns in the electric cooperative industry. In a statement on Wednesday, DoLE said the agencies have begun working on guidelines for the proposed Electric […]
Read more →Tax perks for athletes with global wins hurdles panel
A HOUSE of Representatives panel on Wednesday approved a measure seeking to exempt Filipino national athletes and coaches from taxes on rewards and incentives they receive from international sports competition. In a statement, Leyte Rep. Richard I. Gomez said that the House Committee on Ways and Means approved the tax provision under a substitute bill […]
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