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Philippines Business News

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

2358 articles from BusinessWorld

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BusinessWorld

PHL growth likely to be second weakest among ASEAN-5 through 2027

THE PHILIPPINES will likely continue to be an underperformer in the region, with Singapore-based Oversea-Chinese Banking Corp. (OCBC) projecting it to be the second-slowest growing economy in ASEAN-5 until 2027. In an Aug. 24 report, OCBC Group Research slashed its 2026 gross domestic product (GDP) growth forecast for the Philippines to 3.2% from 3.8% previously. […]

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BusinessWorld

Domestic trade in goods drops by 22% in Q2

THE PHILIPPINES’ domestic trade in goods declined by 22% in the second quarter as heightened economic uncertainty weakened demand and business sentiment, analysts said.

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BusinessWorld

Philippine auto sales slip in July, but EV sales surge

VEHICLE SALES in the Philippines fell by 2.5% year on year in July, as weak consumer sentiment continued to dampen demand for big-ticket purchases, industry data showed.

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BusinessWorld

SEC to limit Group A status to auditors with no material deficiencies

THE Securities and Exchange Commission (SEC) is moving to tighten accreditation rules for external auditors, including limiting its Group A classification to those with no findings of material deficiency from the regulator’s Office of the General Accountant (OGA).

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BusinessWorld

Bond yields drop on demand for shorter tenors

THE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) it offered on Tuesday at a lower yield, driven by robust demand for tenors at the belly of the curve as investors seek better returns for less risk, and with the market looking ahead to the Bangko Sentral ng Pilipinas’ (BSP) policy move […]

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BusinessWorld

Ephesus Teatron Group brings Pinocchio to the mall

THE theater group Ephesus Teatron will be transporting audiences to a rustic Italian village, where their actors will breathe life into a boy-puppet named Pinocchio, carved by the old carpenter Geppetto. Carlo Collodi’s Pinocchio, a musical adaptation of this beloved children’s story, will be staged on Oct. 9, 10, and 11, at Ayala Malls Feliz […]

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BusinessWorld

Manila data center pipeline shrinks 13% as new projects lag

MANILA’S data center development pipeline contracted by 13% in the first half of 2026 as new project announcements failed to replenish recently completed capacity, bucking a sharp expansion in data center development across Asia-Pacific, according to Cushman & Wakefield. Manila’s development pipeline fell to 97 megawatts (MW), comprising 5 MW under construction and 92 MW […]

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BusinessWorld

NNIC moves toward common performance standards at NAIA

NEW NAIA Infra Corp. (NNIC) plans to use its new performance-based agreement with Philippine Airlines, Inc. (PAL) as a template for similar arrangements with other carriers operating at Ninoy Aquino International Airport (NAIA). NNIC said on Tuesday that the airport use agreement (AUA), the first such standardized agreement with an airline under its management of […]

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BusinessWorld

Peso slips as markets weigh Iran sanctions

THE PESO edged down against the dollar on Tuesday after the United States announced economic sanctions against countries trading with Iran. The currency slipped by 0.8 centavo to close at P61.738 versus the greenback from its P61.73 finish on Monday, data from the Bankers Association of the Philippines’ website showed. The local unit opened Tuesday’s […]

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BusinessWorld

The impact of artificial intelligence on the youth: The educators

(Part 4) It is in the private schools that the environment is more favorable to the close participation of parents in the education of their children, especially in the Catholic and other religious schools. Unfortunately, over the last decade there has been the so-called “crowding out” phenomenon by which rapid public high school expansion has […]

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BusinessWorld

PLDT rolls out ESG assessments for suppliers

PLDT Inc. said it rolled out environmental, social, and governance (ESG) assessments for suppliers as part of efforts to extend sustainability practices across its supply chain. The initiative was highlighted in the telecommunications company’s 2026 Communication on Progress (CoP) submitted to the United Nations Global Compact (UNGC), which draws from its 2025 Annual and Sustainability […]

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BusinessWorld

Arts & Culture (08/26/26)

AN ART exhibition at the University of the East (UE) Caloocan invites visitors to lean in closer to feelings of disgust.

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BusinessWorld

BSP adds time deposits to investment products eligible for PERA program

TIME DEPOSITS are now among the eligible investment products under the Personal Equity and Retirement Account (PERA), the Bangko Sentral ng Pilipinas (BSP) said on Tuesday. “Retirement planning should be simple, accessible, and within reach of every Filipino,” BSP Deputy Governor Lyn I. Javier said in a statement. “By introducing PERA time deposits, we are […]

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BusinessWorld

Climate Resilience: A national and global imperative

When it rains continuously for several days on end, much like what we witnessed in the past few weeks, the concerns are many and multi-layered. There is the matter of physical safety when people and communities find themselves submerged in floods. Farmers lose crops. There are health concerns as people, especially those from vulnerable populations, […]

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BusinessWorld

PHL startup to launch disaster relief platform

A PHILIPPINE startup is set to launch a platform that will help evacuees find nearby shelters, check available facilities, get disaster alerts and contact local responders during calamities. eVacuate PH lead developer Aeron Elliz Delos Santos said the platform is designed to give people access to critical information when emergencies disrupt normal communications and mobility. […]

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BusinessWorld

First parliamentary polls will test BARMM’s ayuda economy: Building a more capable government

AGAINST THIS BACKDROP, voters should not be tempted to judge parties solely by the generosity of their manifestos or romanticized familiarity of their political alliances.

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BusinessWorld

Women entrepreneurs turn passion into purpose at Women Strong Network Trade Fair

When passion meets purpose, local enterprises evolve into global benchmarks. This has been demonstrated by the WomenBizPH as it marked a milestone in female entrepreneurship with the return of the Women Strong Network Hybrid Trade Fair this year. Celebrating its fifth anniversary, this premier showcase highlights the remarkable growth, innovation, and resilience of women-led businesses across the Philippines. Following […]

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BusinessWorld

Rethinking strategic development for communities

For decades, development in the Philippines has often been associated with what can be built: roads, bridges, housing projects, commercial centers, flood-control structures, and other infrastructure. But, as the country faces rapid urbanization, persistent inequality and intensifying climate risks, the question confronting planners is becoming more fundamental: Are development projects actually producing the outcomes that […]

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BusinessWorld

Philippines ranks 66th in inaugural relocation index

The Philippines ranked 66th out of 192 economies in the inaugural Rumavi Global Relocation Index 2026, with an overall score of 63.9 out of 100. The country ranked eighth in the retirees category, its best showing among the index’s six persona rankings made by Singapore-based advisory firm Rumavi. The index assesses relocation appeal using 24 […]

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BusinessWorld

DND seeks more bases and storage facilities to support AFP modernization

THE Armed Forces of the Philippines (AFP) needs more bases, storage facilities and other infrastructure to support modern military equipment, Defense Secretary Gilberto “Gibo” C. Teodoro, Jr. said, warning that years of limited capital spending have left the military “equipment heavy but not support heavy.” “The equipment we use is just the tip of the […]

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BusinessWorld

DoJ recommends charges against police officer in Tacloban school shooting

THE Department of Justice (DoJ) has recommended criminal charges against a police officer whose government-issued firearm was allegedly used by a child in a June school shooting in Tacloban City that killed three students and injured at least 20 others. The Tacloban City prosecutor’s office recommended charges of reckless imprudence resulting in multiple homicide and […]

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BusinessWorld

Marcos eyes factory upgrades to support EV production

PRESIDENT Ferdinand R. Marcos, Jr. said the government is assessing local vehicle manufacturing facilities for upgrades needed to support domestic electric vehicle (EV) production under the Electric Vehicle Incentive Strategy (EVIS). “We are looking at the facilities, what is already here, what is still lacking and what needs to be supported by DoST (Department of […]

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BusinessWorld

St. Luke’s sets 53 beds for No Balance Billing

ST. LUKE’S Medical Center-Global City has allocated 53 beds for Philippine Health Insurance Corp. (PhilHealth) members covered by the government’s No Balance Billing program, expanding access to specialized treatment at a private hospital. The state-owned health insurer and St. Luke’s signed a memorandum of agreement on Tuesday to boost the implementation of the government’s No […]

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BusinessWorld

Palace open to limiting social media

MALACAÑANG on Tuesday said it is open to considering restrictions on social media platforms that fail to respond promptly to government requests involving violent content and disinformation. Palace Press Officer Clarissa A. Castro made the statement after the Cybercrime Investigation and Coordinating Center said it is considering recommending a ban on Facebook following the deadly […]

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