Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1481 articles from PhilStar Business
Palace tells power firms to curb theft amid Marcos' bid to lower bills
Responds to pushback from utility companies, Malacañang says cut losses before passing on costs to consumers.
Read more →Samaral aquaculture boost eyed to broaden fisherfolk livelihood options
The Department of Agriculture – Bureau of Fisheries and Aquatic Resources (DA-BFAR) is promoting the culture of siganids, or rabbitfish (Siganus spp.), locally known as samaral, as part of its efforts to diversify Philippine aquaculture and create more livelihood opportunities for Filipino fisherfolk and fish farmers.
Read more →BDO raises P132 billion from sustainability bonds
BDO Unibank Inc. raised P132 billion from its sixth peso-denominated ASEAN Sustainability Bonds issuance, exceeding its original target by more than 26 times as investors continued to show strong appetite for sustainable debt instruments.
Read more →BSP sees slim chance of 50-bp rate increase
The Bangko Sentral ng Pilipinas is keeping the door open to a more aggressive 50-basis-point (bp) interest rate hike next month as policymakers assess a growing list of inflation risks, although BSP Governor Eli Remolona Jr. said such a move remains unlikely for now.
Read more →Impeachment
The impeachment trial of Vice President Sara Duterte is important for our democratic system. It allows us to make officials accountable, particularly in the handling of public funds and keeping the public trust overall.
Read more →Marcos ends Metro Manila IT ecozone freeze
President Marcos has lifted the moratorium on applications for setting up information technology ecozones in Metro Manila, to attract more investments and strengthen the area’s position as a leading information and communications technology hub.
Read more →Motorcycle sales rise 4% in H1
Motorcycle sales in the country rose by four percent in the first half from a year ago, reflecting sustained demand from Filipinos for their mobility needs.
Read more →SRA steps up fight vs sugarcane pests
The Sugar Regulatory Administration has strengthened its fight against the red-striped soft scale insect in sugarcane farms, through the expanded use of chemical spraying drones and financial aid.
Read more →Stocks slip on last-minute profit taking
The local stock market slipped into red territory on last-minute selling yesterday, as investors stayed cautious given lingering geopolitical risks.
Read more →Taking the bull by the horns
President Marcos took the bull by the horns on Monday by addressing key issues in his fifth State of the Nation Address that two separate surveys showed the public wanted the beleaguered administration to tackle.
Read more →URC named among Philippines top employer brands
Gokongwei-led food and beverage company Universal Robina Corp. has been named among the top employer brands in the country, underscoring its continuing efforts to build a workplace where employees are empowered to grow, lead and contribute to the business’ long-term success.
Read more →Who will end up paying for system losses?
President Marcos earned a standing ovation during his fifth State of the Nation Address on Monday after calling for the removal of system loss charges from electricity bills.
Read more →Garin on electric bills: Marcos-ordered VAT cut limited to systems loss
Which VAT on power President Marcos Jr. was referring to?
Read more →After Marcos' SONA, Meralco urges caution on system loss reforms
Meralco warns power reform must not weaken opeations and grid investment.
Read more →GCash brings 'Wais Tindera Caravan' to Cebu, empowering MSMEs with financial tools and responsible borrowing
Over 200 nano, micro, small and medium enterprises (NMSMEs), including sari-sari store owners and vendors gathered at the Wais Tindera Caravan in Cebu to deepen their understanding of digitalization and responsible borrowing.
Read more →Tonik expands AI adoption with AI Rudder, strengthening customer engagement and operational efficiency
The growth of digital banking in Southeast Asia has transformed how financial institutions connect with customers.
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