Philippines News Today: Latest Market and Industry Updates
UIPC urges Philippine food sector to invest in solar-powered storage amid El Niño risks
Rising heat-related crop losses in the Philippines are increasing pressure on food companies to strengthen storage and processing capacity during the ongoing El Niño episode. Union Insulated ...
Filinvest Land expands housing offers at Pag-IBIG fair in the Philippines
Homebuyers in the Philippines are gaining wider access to condominium units, house-and-lot packages, and residential lots as Filinvest Land joins the 2nd National Housing Expo with financing ...
Philippines tax deal with Liechtenstein seen supporting investment inflows
The Philippines is moving to widen its tax treaty network as it seeks to draw more foreign capital and deepen economic links with overseas partners. A newly signed agreement with Liechtenstein is ...
Philippines urged to tighten anti-corruption efforts through bank secrecy reform
Tax and finance officials in the Philippines are pressing for wider financial transparency as the country faces renewed scrutiny over corruption risks and weak cross-border tax information ...
Philippines balance of payments deficit widens as reserves fall below $100 billion
Mounting external pressures are weighing on the Philippines' financial position, with larger dollar outflows and a weaker peso adding strain in September. The deterioration pushes the year-to-date ...
DENR audit findings highlight unliquidated funds, revenue gaps in the Philippines
Audit issues at the Department of Environment and Natural Resources center on fund liquidation, revenue collection and project oversight in its 2025 operations. The findings cover P1.93 billion in ...
Pag-IBIG Fund targets higher housing loan disbursements through developer tie-ups in the Philippines
Pag-IBIG Fund is expanding its housing finance reach as it works with more property developers to widen choices for borrowers across price segments in the Philippines. The state-run fund is aiming ...
Semirara Mining and Power raises coal contract bidding concerns in Antique
With its Semirara Island coal operating contract due to expire in July 2027, Semirara Mining and Power Corp. is renewing its warning that the current bidding framework could undermine production ...
ALLHC secures Suntoward lease for Pampanga, Batangas industrial sites
AyalaLand Logistics Holdings Corp. is expanding its industrial tenant base with a Taiwanese solar component manufacturer that is preparing to launch its first Philippine operations in early 2027. ...
Tubig Pilipinas plans follow-on offering after public float drops below PSE minimum
Tubig Pilipinas Holdings is preparing at least one follow-on offering within a year of completing its P6.65-billion share-swap acquisition, as it seeks to restore public ownership levels required ...
Philippine labor agency orders Atienza vessels to halt operations over safety violations
A labor safety crackdown on a ferry operator in the Philippines has halted six vessels after inspectors identified gaps in workplace safety compliance. The order keeps the ships out of service ...
Metro Manila Bay Area office market draws government leasing demand
Competitive lease rates and the availability of quality office space are making Metro Manila's Bay Area a growing destination for public-sector occupiers. Six government entities account for about ...
Philippines seeks funding for South Long-Haul, Mindanao rail projects
The Philippines is widening its search for financing partners for two major railway projects after earlier Chinese funding plans failed to advance. India and France are now among the governments ...
BIR fuel marking tests show 41% failure rate across expanded Philippine inspections
The Bureau of Internal Revenue is widening its fuel marking enforcement as it targets illicit fuel trading across more revenue regions in the Philippines. Tests at 189 fuel stations as of Oct. 13 ...
BCDA advances Pax Silica relocation plan in New Clark City
Relocation planning for communities affected by the Pax Silica AI-native hub in New Clark City is moving forward as the Bases Conversion and Development Authority works toward a final agreement ...
Philippines transport department targets Bukidnon runway completion as provincial airport upgrade advances
The Philippines is pushing ahead with provincial airport upgrades as the government works to expand capacity for larger commercial aircraft outside major hubs. In Bukidnon, the Department of ...
Philippines businesses face new BIR invoice rule on withholding tax
Philippine businesses are adjusting to a new Bureau of Internal Revenue invoice rule that requires creditable withholding tax to appear as a separate line item on every invoice. The requirement ...
Philippine fuel retailers cut gasoline prices as diesel costs rise
Fuel buyers in the Philippines are set for sharply lower gasoline prices this week even as diesel becomes more expensive. The mixed adjustment reflects changing global oil market conditions, with ...
Philippines agriculture sector proposes El Niño mitigation plan for food production
The Philippine government is preparing a broad support package as El Niño threatens crop output and rural livelihoods across the country. The proposed plan totals P61.99 billion, with a further ...
DPWH delays Bataan-Cavite bridge package award pending ADB approval
The timetable for a key contract in the Bataan-Cavite Interlink Bridge project is slipping as Philippine authorities wait for lender clearance before proceeding. The package covers the Bataan-side ...
KKR explores financing options for Luzon corridor projects in the Philippines
The Philippine government is seeking to deepen private capital support for infrastructure and growth sectors through the Luzon Economic Corridor. KKR is assessing potential financing opportunities ...
