Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
310 articles from BusinessWorld Economy
Bataan-Cavite bridge package award delayed to November, awaiting ADB approval
THE Department of Public Works and Highways (DPWH) said it delayed awarding a contract package of the Bataan-Cavite…
Read more →India, France approached to fund South Long-Haul, Mindanao Rail
THE Department of Transportation (DoTr) said it is in talks with the Indian and French governments to fund…
Read more →Bukidnon airport runway due for completion in Q2 2027
THE Department of Transportation (DoTr) is hoping to complete the runway at Bukidnon airport by the second quarter…
Read more →A new BIR invoice requirement for businesses
Over the past few days, several clients have reached out with concerns about the Bureau of Internal Revenue’s…
Read more →UPS welcomes PHL investments in high-tech manufacturing, economic zones
United Parcel Service, Inc. (UPS) said it welcomes several ongoing investment initiatives of the Philippine government in high-tech…
Read more →DoF urges ASEAN, WB to collaborate in packaging investable infra, AI projects
FINANCE SECRETARY Frederick D. Go said Southeast Asian economies need to mobilize more private capital for infrastructure, artificial…
Read more →Vietnam rice import permit canceled after low-grade rice found in 5% broken shipment
THE Department of Agriculture (DA) said it canceled the rice import permit covering a 12,480-metric ton (MT) shipment…
Read more →DBM rejects link between budget utilization, effective service delivery
GOVERNMENT AGENCIES can spend 98% of their budgets and still fail to deliver meaningful results, Acting Budget Secretary…
Read more →DoF’s Go calls for evolving relationship between UMICs, multilateral institutions
FINANCE SECRETARY Frederick D. Go urged multilateral lenders to offer more flexible financing to countries transitioning to upper-middle…
Read more →Reclaiming VAT: Good news for exporters
Tax issuances rarely bring good news. Yet for qualified export-oriented enterprises, Revenue Memorandum Circular (RMC) No. 96-2026 may…
Read more →ERC suspends reserve market, orders revamp to lower costs
THE Energy Regulatory Commission (ERC) said it halted trading on the reserve market, where backup power is procured…
Read more →Next president urged to focus on infrastructure, curbing corruption
BUSINESS GROUPS said the next president needs to have a clear vision for reform, focusing on mobility infrastructure…
Read more →Licensing rules could limit outsiders from engaging in agri research — PIDS
THE Agriculturists Act could limit the availability of agricultural services and discourage specialists from participating in research and…
Read more →Building materials wholesale price growth in Metro Manila declines to 3-month low
WHOLESALE PRICE growth in September of construction materials in the National Capital Region (NCR) hit a three-month low,…
Read more →Davao transport modernization seen fully operational by 2028
THE Department of Transportation (DoTr) said it expects to begin the full operations of the Davao Public Transport…
Read more →Toyota puts forward new Tamaraw for PUV modernization program
TOYOTA MOTOR Philippines Corp. (TMP) said it is expanding its Next Generation Tamaraw model, positioning it as an…
Read more →Cagayan Valley targeted for ube production expansion
THE Cagayan Valley has been selected to expand ube (purple yam) production, according to the Department of Agriculture…
Read more →PHL clean-energy expansion risks oversupply, ACEN says
THE PHILIPPINES plans to expand renewable energy by 20 gigawatts (GW) via the green energy auctions (GEA) could…
Read more →Provinces guided on achieving measurable development results
THE Department of Economy, Planning, and Development (DEPDev) said it launched the Provincial Development Planning (ProvDP) Framework to…
Read more →Visayas grid at risk of further alerts if power projects delayed
THE Visayas grid is at risk of further red and yellow alerts if power project timelines slip, with…
Read more →BIR hoping to launch VAT refund online application system in 2027
THE Bureau of Internal Revenue (BIR) said it will launch an online value-added tax (VAT) refund application system…
Read more →PHL offshore wind program to require major transmission, port infra investments — ESCAP
THE PHILIPPINES needs significant investments in power transmission and port infrastructure, as well as stronger financing mechanisms, to…
Read more →JICA invests in BlackRock regional infra fund
THE Japan International Cooperation Agency (JICA) said it committed up to $65 million to an infrastructure debt fund…
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