Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
2358 articles from BusinessWorld
Dairy output rises in first half due to gov’t support
THE National Federation of Dairy Farmers and Stakeholders Association said expanded government support for the dairy industry helped increase milk production, the size of the dairy herd, the value of production, and farmgate prices in the first half.
Read more →Moving a nation forward
The SONA maps out our mobility future and more LAST MONTH, President Ferdinand “Bongbong” R. Marcos, Jr. (PBBM) made his report to the Filipino people at his annual State of the Nation Address (SONA). It is that time of the year when there is no lack of differing opinions on the gains or the ails […]
Read more →A few finds at MaArte
ONE of the most awaited events in the lifestyle fair circuit, the MaArte Fair, is organized by the Museum Foundation of the Philippines, Inc. It functions as a fundraiser for the National Museum, with a particular focus on giving scholarships and grants. Since 2017, it has been held at The Peninsula Manila, this year occupying […]
Read more →BSP bills fetch higher rate despite oversubscription
THE BANGKO SENTRAL ng Pilipinas’ (BSP) short-term securities fetched a higher average yield for a ninth straight week even as the offer was met with strong demand, recovering from the prior week’s undersubscription. Bids for the 28-day BSP bills amounted to P52.315 billion on Friday, exceeding the P30 billion placed on the auction block. This […]
Read more →Monkeys in geopolitics: The absurd
(Part Two) The absurdity of the claim floated, supposedly by academics, about the Batanes Islands as part of the territory of Taiwan beggars reason. Chinese leadership must really think Filipinos to be monkeys, as they have already let fly in global political discussion. But this screed only makes the claim outrageous. First of all, the […]
Read more →Semirara falls on coal auction delay
SHARES of Semirara Mining and Power Corp. (SMPC) ended lower week on week on Friday after the Department of Energy (DoE) delayed its coal block auction and amid concerns over the company’s earnings outlook, analysts said.
Read more →Audi PHL introduces all-new RS 5
AUDI PHILIPPINES recently launched the newest version of the Audi RS 5 in a multi-car display at the Rockwell Power Plant Mall in Makati. The model is now available for reservation, with first shipments expected to arrive in October.
Read more →Uniqlo highlights versatility for the rainy season
UNIQLO takes inspiration from modern city living for its Fall/Winter Lifewear collection. Designed for everyday versatility, it aims to reimagine wardrobe essentials to meet the evolving demands of lifestyles in motion, both rain and shine. On Aug. 11, guests braved a storm to see the new collection in the Palacio de Memoria in Parañaque, along […]
Read more →Cautious trade seen as focus turns to BSP meet
PHILIPPINE SHARES may move sideways this week as investors digest companies’ mixed financial results and keep a cautious stance as they look ahead to the Bangko Sentral ng Pilipinas’ (BSP) policy meeting. On Friday, the Philippine Stock Exchange index (PSEi) rose by 0.14% or 9.05 points to close at 6,297.30, while the broader all shares […]
Read more →Analysts seek scrutiny of P7.2-T 2027 budget, transparency beyond hearings
THE proposed P7.2-trillion national budget for 2027 should face tighter scrutiny over unprogrammed appropriations and confidential and intelligence funds as the Philippines’ limited fiscal space increases the need for stronger safeguards and transparency, analysts said.
Read more →Wage injunction may blur court, wage board roles
THE court order halting Metro Manila’s latest minimum wage increase raises questions about how far judges can intervene in wage-setting and whether the country’s existing system gives enough weight to workers’ needs alongside employers’ ability to absorb higher labor costs.
Read more →DND slams Chinese Embassy’s ‘evasive’ reply
THE Department of National Defense (DND) on Sunday accused the Chinese Embassy of evading questions and spreading “disingenuous misinformation” in its response to Defense Secretary Gilberto C. Teodoro, Jr.’s remarks on the arrest of Chinese nationals. DND spokesman Arsenio R. Andolong said the embassy’s statement failed to address the issues raised by Mr. Teodoro and […]
Read more →Palace slams BARMM chief attack
MALACAÑANG on Sunday said President Ferdinand R. Marcos, Jr. has directed government agencies to strengthen security in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) and investigate the reported attack on Interim Chief Minister Abdulraof A. Macacua and his companions. “The President has ordered all relevant government agencies to further intensify security in Bangsamoro communities […]
Read more →Gov’t may increase LGU support fund
THE government could increase its support fund for local government units (LGUs) next year if this year’s funding proves effective, Executive Secretary Ralph G. Recto said during his Cebu visit. About 210,000 students in more than 42,000 barangays nationwide have benefited from the Presidential Scholars Program, Mr. Recto said in Filipino, according to a statement […]
Read more →CHED gets P9.75B for SUC
THE Department of Budget and Management (DBM) released P9.753 billion to cover deficiencies in the implementation of the Free Higher Education (FHE) program across 108 state universities and colleges (SUCs) for three academic years. The funding, released to the Commission on Higher Education (CHED), covers arrears for academic years 2022-2023, 2023-2024 and 2024-2025. The amount […]
Read more →20% student load discount pushed
SENATOR Erwin T. Tulfo on Sunday pushed for a bill seeking to grant students a 20% discount on prepaid and postpaid mobile load to aid in the connectivity of learners following frequent shifts of schools to online classes due to inclement weather. Under the Senate Bill No. 2275 filed on June 17, telecommunication companies (telcos) […]
Read more →RHR, Punlaan School partner for hospitality training program
ROBINSONS Hotels and Resorts (RHR), the hospitality arm of Robinsons Land Corp. (RLC), has formalized a partnership with Punlaan School to provide hands-on hospitality training to scholars amid its push to bolster the company’s talent pipeline while supporting vocational education. Through a recently signed Memorandum of Agreement, the Gokongwei-led hospitality unit will host two scholars […]
Read more →BuCor officer returns, vows to cooperate in trust fund probe
AN OFFICER of the Correctional Institution for Women (CIW) returned after her absence without official leave since July 29, to cooperate in the investigation into alleged anomalies into the prisoners’ trust fund, the Bureau of Corrections (BuCor) said. Corrections Officer 2 Bianca Ramos returned to the CIW on Saturday accompanied by her sisters and legal […]
Read more →Speaker throws support behind agricultural insurance measure
SPEAKER and Isabela Rep. Faustino G. Dy III said House Bill No. 10365, which seeks to strengthen the Philippine Crop Insurance Corp. (PCIC) by expanding the scope of agricultural activities that may be granted coverage, will help more farmers avoid total losses from a single calamity.
Read more →Clark Food Hub targeted for partial operations by end-2027
THE DEPARTMENT of Agriculture (DA) said on Sunday the P4-billion Clark National Food Hub is expected to start partial operations before the end of 2027. The DA signed agreements with Food Terminal, Inc. (FTI) and Clark International Airport Corp. aimed to cover the mega food hub’s funding, development, and operations over 40 hectares of the […]
Read more →Tax-exempt P350,000 income needs safeguards against ‘bracket creep’
TAX EXPERTS said the proposed tax-exempt threshold of P350,000 is vulnerable to the effects of inflation, which would serve to erode the tax relief it promises, and called for safeguards against “bracket creep.”
Read more →Prices frozen in parts of Bulacan, Cavite after calamity declaration due to monsoon
THE Department of Trade and Industry (DTI) said it froze prices in parts of Bulacan and Cavite that had been placed under a state of calamity following the constant rains brought about by the southwest monsoon. “The DTI reminds the public that a price freeze on all basic necessities is in effect in areas covered […]
Read more →Budget release rate hits 88.5% in July
THE Department of Budget and Management (DBM) said it had released 88.5% of the original 2026 budget by the end of July. According to the DBM Status of Allotment Release report, the releases amounted to P6.012 trillion out of the original budget of P6.793 trillion, leaving P781.082 billion undistributed. The release rate at the end […]
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