Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
10036 articles across all sources
DoJ asks Leviste to surrender
BATANGAS REP. Leandro L. Leviste is not yet considered a fugitive from justice, the Department of Justice (DoJ)…
Read more →Merchandise exports could top $100B this year, exporters say
PHILIPPINE GOODS exports could exceed P100 billion this year, driven by demand for electronics and minerals, the Philippine Exporters Confederation, Inc. (Philexport) said.
Read more →PHL to buy up to 200,000 MT worth of US rice
THE PHILIPPINES is poised to buy up to 200,000 metric tons (MT) of rice from the US each…
Read more →Priority industries pitched to investors in Singapore
THE Department of Finance made its pitch in Singapore for investment in priority industries that it expects to…
Read more →Beverage industry claims inadequate consultation on increased sugar tax
A BEVERAGE industry association said further dialogue with the government is needed regarding a proposed tax hike on…
Read more →Trade negotiator Gepty snags Court of Appeals appointment
PRESIDENT Ferdinand R. Marcos, Jr. appointed Trade Undersecretary Allan B. Gepty as Associate Justice of the Court of…
Read more →Powering up remote areas seen costing up to P27B per 100,000 households
ENERGIZING remote areas will cost between P20-27 billion per 100,000 households, the Department of Energy (DoE) said. Luningning…
Read more →Central Luzon MSME fair generates P58M worth of orders and leads
THE Department of Trade and Industry (DTI) said its recent trade fair for Central Luzon-based micro, small and…
Read more →NCR Busway project study fast-tracked
THE Department of Transportation (DoTr) said it plans to fast-track the detailed feasibility study for the National Capital…
Read more →Scam losses reckoned at nearly P122 billion in 2025
FILIPINO ADULTS lost P121.8 billion to scams last year, according to a survey conducted by the Global Anti-Scam…
Read more →PHL-backed oil stockpiling proposal draws Saudi, UAE interest
SAUDI ARABIA and the United Arab Emirates (UAE) have expressed willingness to cooperate on efforts to strengthen oil…
Read more →BofA sees more BSP rate hikes ahead as inflation stays elevated
THE BANGKO SENTRAL ng Pilipinas (BSP) may continue to tighten its monetary policy stance as inflation continues to run hot, even as the Philippine economy could stay sluggish until next year, according to the Bank of America (BofA).
Read more →Peso plunges to new all-time-low close on contagion, oil supply fears
THE PESO plunged to a new all-time low against the dollar on Thursday as investors flocked to safety…
Read more →Gilbert Dee exits Chinabank board after 57 years
CHINA BANKING CORP.’s (Chinabank) Gilbert U. Dee has exited the bank’s board after nearly 60 years and has…
Read more →PNB partners with Luna Securities to widen access to PERA products
PHILIPPINE NATIONAL Bank (PNB), through its trust group, has partnered with Luna Securities, Inc. to boost the distribution…
Read more →Give us a reason to keep building
There are moments when the economic numbers merely confirm what people already feel. I think we are in…
Read more →Mark Villar switches camps. Minutes later, family’s troubled firms make their move.
It’s been a busy afternoon for the Villars, as Mark crosses to the Senate majority, Camille stays, and three of the family's suspended firms move to finally release their long-overdue financial statements
Read more →Meralco: MVP group closes in on 50%
SMGP is selling 3.77m MER shares (0.33%) to Manuel V. Pangilinan personally at P580.99/sh, or P2.19 billion.
Read more →Condo absorption improves as incentives unlock demand
Metro Manila condo take-up rose 17% QoQ to 8,454 units in 3Q, while unsold inventory declined 3.5% to 80,000 units and months of supply fell to 28 from 34, according to Leechiu Property Consultants (LPC). Promotions and government housing initiatives were key drivers of the improvement.
Read more →Labor market weakness points to softer household demand
Unemployment rose to 5.3% in August from 3.9% same period last year but is an improvement from July's 6.0%.
Read more →Off the menu: Angel’s Pizza, Figaro Coffee owner set to exit PSE
Fans of Angel’s Pizza and Figaro Coffee need not worry about their favorite snacks disappearing
Read more →NSC to assess national security implications of China-linked Duterte funds
MANILA, Philippines — The National Security Council (NSC) deepened its scrutiny of coordinate with reported financial inflows from China to a company linked to Vice President Sara Duterte’s husband to determine if these carry national security implications, National Security Adviser Eduardo Oban Jr. said. Oban said the NSC was taking seriously information presented during Duterte’s impeachment proceedings concerning significant foreign financial flows to a Philippine-based comp
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