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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

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BusinessWorld Economy

Geothermal derisking tops ADB’s PHL projects

THE Asian Development Bank (ADB) said its project lineup for the Philippines includes a geothermal derisking facility, public…

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BusinessWorld Economy

DPWH still targeting C5 rehab start this year

THE Department of Public Works and Highways (DPWH) said it is still hoping to begin the rehabilitation of…

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BusinessWorld Economy

Energy projects totaling 17.8 GW cleared for grid impact study in 1st half

Energy projects totaling 17.8 GW cleared for grid impact study in 1st half THE Department of Energy (DoE)…

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BusinessWorld Economy

Ground broken on P310.9-million Nueva Vizcaya farm-to-market road

THE Department of Agriculture (DA) said it broke ground on the P310.9-million Pangawan-Banao farm-to-market road in Nueva Vizcaya…

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BusinessWorld Economy

Taiwan firm to build $1-B plant in New Clark City

THE Bases Conversion and Development Authority (BCDA) said company is building a $1-billion manufacturing facility in New Clark…

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BusinessWorld Economy

The strategic value of a customs compliance assessment

IN BRIEF: • Increasing Bureau of Customs post-clearance audits make proactive customs compliance assessments essential to identify risks,…

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BusinessWorld Economy

Tax reform bill hearings expected to wrap up by Dec.

THE DEPARTMENT of Finance (DoF) said it hopes to receive the Committee Report for its next tax reform…

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BusinessWorld Economy

Sen. Erwin Tulfo backs abandonment of BNPP

JAKARTA — Sen. Erwin T. Tulfo said he is opposed to reviving the mothballed Bataan Nuclear Power Plant…

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BusinessWorld Economy

Higher pork tariffs under study after import surge

THE Department of Agriculture (DA) said it is studying higher tariffs on imported pork in response to increasing…

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BusinessWorld Economy

P6.2 billion worth of El Niño aid set aside for farmers, fisherfolk

THE Department of Agriculture (DA) said it obtained the release of a Special Allotment Release Order (SARO) amounting…

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BusinessWorld Economy

BIR pilots internal-document tracking system

THE Bureau of Internal Revenue (BIR) said it is pilot-testing a document tracking system that promises to improve…

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BusinessWorld Economy

PHL obtains extra 9,151 MT raw sugar quota from US

THE US Trade Representative (USTR) said the Philippines has been granted an additional raw cane export quota of…

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BusinessWorld Economy

Poultry growers skeptical of 2027 growth prospects due to high fuel costs, inflation

By Marron Joshua F. Mendoza THE United Broiler Raisers Association (UBRA) said growth prospects for 2027 remain clouded…

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BusinessWorld Economy

Philippines ships durian, mangosteen to Vancouver

THE Department of Agriculture (DA) said on Wednesday that it shipped fresh durian and mangosteen to Vancouver, opening…

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BusinessWorld Economy

Auctions set for P1.7 billion worth of port rehab, improvement contracts

THE Philippine Port Authority (PPA) said it earmarked P1.7 billion for the expansion and rehabilitation of four ports.…

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BusinessWorld Economy

Decision to freeze kerosene, LPG excise due next week

FINANCE SECRETARY Frederick D. Go said he expects a decision by next week on the Development Budget Coordination…

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BusinessWorld Economy

PHL national security adviser urges ASEAN steelmakers to build resilient supply chains

STEEL companies in the Association of Southeast Asian Nations (ASEAN) need to fortify their supply chains and diversify…

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BusinessWorld Economy

Nature-based flood control strategy for Bulacan, Pampanga expected next year

THE Department of Public Works and Highways (DPWH) said it hopes to roll out nature-based flood mitigation solutions…

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BusinessWorld Economy

UK, PHL target full DCTS utilization

THE PHILIPPINES and the UK are seeking to maximize the utilization of the UK’s Developing Countries Trading Scheme…

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BusinessWorld Economy

A welcome reminder on finality

Many taxpayers understand that a tax audit takes time. What is quite difficult to accept is when years…

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BusinessWorld Economy

High rice prices blamed on peso weakness, possible cartel behavior by grain traders

HIGH RICE PRICES despite lower import tariffs could be driven by higher import costs, a weak peso, elevated…

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BusinessWorld Economy

Farmland geofencing rules due in December

THE Department of Agriculture (DA) said it expects policy guidelines governing the geofencing of around 3 million hectares…

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BusinessWorld Economy

RCEP members gear up to review agreement

MINISTERS of the Regional Comprehensive Economic Partnership (RCEP) said have started to work on the review of the…

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BusinessWorld Economy

PEZA commissions study on converting fleet to EVs

THE Philippine Economic Zone Authority (PEZA) said it signed a memorandum of agreement with Clean Air Initiative for…

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