Manila Bulletin – Business

Manila Bulletin – Business

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Philippines economy, industries and markets.

No Winners in War
NewsMar 4, 2026

No Winners in War

The International Day for Disarmament and Non‑Proliferation Awareness coincides with a devastating Middle East conflict, highlighting that war leaves only survivors, not winners. Armed clashes destroy infrastructure, displace populations, and erode social trust, imposing costly reconstruction duties even on victors....

By Manila Bulletin – Business
The Price of Impunity
NewsMar 4, 2026

The Price of Impunity

The article argues that impunity—absence of credible consequences—undermines institutions and economic growth, especially in the Philippines. It cites economic theory and cross‑country data showing that weak rule of law depresses investment and fuels inequality. The piece details how political dynasties,...

By Manila Bulletin – Business
Ensuring People’s Well-Being Amid Fears of War Escalation
NewsMar 4, 2026

Ensuring People’s Well-Being Amid Fears of War Escalation

Rising tensions between Iran and Israel have revived concerns over the security of the Strait of Hormuz, a chokepoint for nearly one‑fifth of global oil shipments. Analysts outline three scenarios: a contained but prolonged missile exchange, a broader regional war...

By Manila Bulletin – Business
Barangay Skilled Workers Registry Act Gets Penultimate House Nod
NewsMar 4, 2026

Barangay Skilled Workers Registry Act Gets Penultimate House Nod

The Barangay Skilled Workers Registry Act (HB 7719) cleared its second reading in the House, mandating every barangay to maintain a voluntary, free registry of local skilled workers. Championed by Rep. Jolo Revilla, the bill seeks to make community‑level labor...

By Manila Bulletin – Business
PH Looks Forward to South Korea's Continued Support for Infra Projects—Marcos
NewsMar 3, 2026

PH Looks Forward to South Korea's Continued Support for Infra Projects—Marcos

President Ferdinand Marcos Jr. met South Korean President Lee Jae‑Myung in Manila, reaffirming Manila’s expectation of continued Korean support for flagship infrastructure works such as the new Dumaguete Airport, Samar Pacific Coastal Road, Jalaur River Multipurpose Project and Laguna Lakeshore...

By Manila Bulletin – Business
Maharlika Stays ‘Business as Usual’ with Saudi, Dubai Partners Despite Middle East War
NewsMar 3, 2026

Maharlika Stays ‘Business as Usual’ with Saudi, Dubai Partners Despite Middle East War

Maharlika Investment Corp (MIC), the Philippines’ sovereign wealth fund, is maintaining its momentum with Saudi‑backed ACWA Power and Dubai‑based DP World despite the escalating war in the Middle East. The fund’s renewable‑energy MOU, logistics partnership, and a pending 11.2% stake...

By Manila Bulletin – Business
Designing the Future
NewsMar 3, 2026

Designing the Future

Philippine real estate is entering a new design era focused on regenerative, people‑centric environments that restore ecosystems and enhance wellbeing. Thought leaders highlight AI‑driven optimization, prefabricated construction, and material innovations such as engineered bamboo as key enablers. Mixed‑use, walkable neighborhoods...

By Manila Bulletin – Business
Brazil Strengthens Agricultural Partnership with the Philippines at WOFEX Drinks and Bakes 2026
NewsMar 2, 2026

Brazil Strengthens Agricultural Partnership with the Philippines at WOFEX Drinks and Bakes 2026

Brazil deepened its agricultural partnership with the Philippines at WOFEX Drinks and Bakes 2026, showcasing five firms that offer value‑added beverages, superfoods, and coffee products. The Brazil Pavilion highlighted innovative, sustainability‑focused offerings such as Amazon‑sourced craft gin, açaí bowls, and...

By Manila Bulletin – Business
List of Alert Levels Raised by PH Gov't Across Middle East and What They Mean
NewsMar 2, 2026

List of Alert Levels Raised by PH Gov't Across Middle East and What They Mean

The Philippine Department of Foreign Affairs (DFA) released its latest Crisis Alert Levels for Middle‑East nations, placing Palestine, Syria and Yemen at Level 4, Iraq and Lebanon at Level 3, and Iran and Israel at Level 2, while Jordan remains at Level 1 and...

By Manila Bulletin – Business
Philippine Bank Deposits Hit ₱21 Trillion as Account Numbers Surge
NewsMar 2, 2026

Philippine Bank Deposits Hit ₱21 Trillion as Account Numbers Surge

Total deposit liabilities in the Philippine banking system climbed to ₱20.9 trillion at the end of Q3 2025, a 7.3% year‑on‑year rise driven by a 20.4% surge in deposit accounts to 166.6 million. The increase followed a March 2025 decision to double...

By Manila Bulletin – Business
Maynilad Reconsiders ₱30-Billion Plant Site to Sync with Kaliwa Dam
NewsMar 1, 2026

Maynilad Reconsiders ₱30-Billion Plant Site to Sync with Kaliwa Dam

Maynilad Water Services is moving its ₱30 billion Teresa water‑treatment plant from Rizal to a site within its West Zone concession to better align with the upcoming Kaliwa dam. The relocation shortens pipeline distance, aiming to cut non‑revenue water losses and...

By Manila Bulletin – Business
Discovery World Invests ₱265 Million to Expand Palawan Properties
NewsMar 1, 2026

Discovery World Invests ₱265 Million to Expand Palawan Properties

Discovery World Corp. is injecting ₱265 million into its Palawan resort portfolio, subscribing to ₱250 million of shares in Euro Pacific Resorts and ₱15 million in Palawan Cove to fund new beachfront developments and bolster working capital. The move also raises JT Perle Corp.'s...

By Manila Bulletin – Business
BIR Turns From Taxing to Dismantling Philippine Offshore Gaming
NewsMar 1, 2026

BIR Turns From Taxing to Dismantling Philippine Offshore Gaming

The Bureau of Internal Revenue (BIR) has moved from taxing to dismantling Philippine offshore gaming operations (POGOs) by issuing a revenue memorandum circular that bans and declares all POGOs illegal, repealing the tax law that previously regulated them. This enforcement...

By Manila Bulletin – Business
Philippines Eyes $800-Million ADB Backstop for North-South Commuter Railway Operator
NewsMar 1, 2026

Philippines Eyes $800-Million ADB Backstop for North-South Commuter Railway Operator

The Philippines is seeking up to $800 million from the Asian Development Bank as a partial credit guarantee to backstop availability payments for the North‑South Commuter Railway (NSCR) operator. The guarantee, equivalent to 24 months of payments, aims to mitigate government...

By Manila Bulletin – Business
Nickel Asia Diversifies Into Geothermal, Overseas Investments
NewsMar 1, 2026

Nickel Asia Diversifies Into Geothermal, Overseas Investments

Nickel Asia Corp (NAC) posted a 312% jump in net income to ₱6.27 billion, driven by record nickel ore prices and a 56% rise in EBITDA. The company announced three new wholly‑owned subsidiaries to support a geothermal holding entity, a shared‑services...

By Manila Bulletin – Business
MUFG: Philippine Trade Costs to Fall After US Court Ruling
NewsMar 1, 2026

MUFG: Philippine Trade Costs to Fall After US Court Ruling

MUFG Bank expects U.S. tariffs on Philippine imports to decline following the Supreme Court’s decision that curbed the Trump administration’s emergency‑powers tariff authority. The bank notes that exemptions for high‑value semiconductors and key agricultural products should keep effective trade costs...

By Manila Bulletin – Business
Recto Joins PCG Auxiliary
NewsMar 1, 2026

Recto Joins PCG Auxiliary

Executive Secretary Ralph Recto was commissioned as an auxiliary vice admiral of the Philippine Coast Guard Auxiliary during a ceremony aboard BRP Teresa Magbanua, highlighting the administration’s push to strengthen maritime governance. The government allocated ₱42.52 billion to the Coast Guard this year...

By Manila Bulletin – Business
PH Joins Japan-Pacific Defense Dialogue for First Time Amid RAA Push
NewsFeb 28, 2026

PH Joins Japan-Pacific Defense Dialogue for First Time Amid RAA Push

The Philippines joined the 3rd Japan Pacific Islands Defense Dialogue (JPIDD) in Tokyo, marking its first participation in the forum. Led by Defense Assistant Secretary Marita I. Yoro, the delegation discussed humanitarian assistance, disaster relief, climate change and maritime security....

By Manila Bulletin – Business
DICT Outlines Massive 18GW Data Center Expansion to Lead ASEAN
NewsFeb 25, 2026

DICT Outlines Massive 18GW Data Center Expansion to Lead ASEAN

Philippines’ Department of Information and Communications Technology announced an 18‑gigawatt data‑center expansion plan over the next decade, aiming to become Southeast Asia’s digital hub. The rollout targets 1.5 GW of new capacity by end‑2027 and at least 1 GW annually thereafter. Investments...

By Manila Bulletin – Business
Unicapital Trims PSEi Outlook to 6,800 Amid Corruption Scandal, Policy Risks but Sees 2026 Recovery
NewsFeb 24, 2026

Unicapital Trims PSEi Outlook to 6,800 Amid Corruption Scandal, Policy Risks but Sees 2026 Recovery

Unicapital Securities cut its PSEi year‑end target to 6,800, down from 7,100, after re‑rating the index at a 10.5‑times price‑to‑earnings multiple. The downgrade reflects a lingering corruption scandal that has stalled government infrastructure projects and heightened policy uncertainty, including a...

By Manila Bulletin – Business
VP Duterte Impeachment Case Bound to Affect Voters in 2028, Says Luistro
NewsFeb 24, 2026

VP Duterte Impeachment Case Bound to Affect Voters in 2028, Says Luistro

House Justice Committee chair Rep. Gerville Luistro announced that impeachment proceedings against Vice President Sara Duterte will commence on March 2, a process she says will influence voter sentiment ahead of the 2028 presidential election, where Duterte has already declared her...

By Manila Bulletin – Business
Consortia Secure First Philippine Offshore Wind Grid Deals
NewsFeb 23, 2026

Consortia Secure First Philippine Offshore Wind Grid Deals

A consortium led by Seawind Asia, Stream Invest and Triconti ECC Renewables has secured the Philippines’ first offshore wind grid connection agreements. The deals cover three projects—450 MW Frontera Bay, 600 MW Guimaras Strait and 600 MW Guimaras Strait II—totaling 1.65 GW of potential capacity....

By Manila Bulletin – Business
Lacson: Senate to Discuss Rules on Dialogue with Chinese Embassy
NewsFeb 22, 2026

Lacson: Senate to Discuss Rules on Dialogue with Chinese Embassy

The Philippine Senate will convene an all‑senators’ caucus on Feb 23 to set ground rules for talks with the Chinese Embassy over the West Philippine Sea dispute, with Senate President Pro Tempore Panfilo Lacson emphasizing diplomatic courtesy and the possibility of...

By Manila Bulletin – Business
Organizers of the Winter Games Made Clean Energy a Priority. Here's How They Did It
NewsFeb 22, 2026

Organizers of the Winter Games Made Clean Energy a Priority. Here's How They Did It

The 2026 Milan‑Cortina Winter Olympics have pledged that virtually all electricity powering the Games will come from certified renewable sources. Enel will supply roughly 85 GWh of clean power, using guarantee‑of‑origin certificates to prove its green origin. Infrastructure upgrades, including new...

By Manila Bulletin – Business
Philippine Fast-Moving Consumer Goods Spending Growth Seen Slowing in 2026—Study
NewsFeb 20, 2026

Philippine Fast-Moving Consumer Goods Spending Growth Seen Slowing in 2026—Study

The Worldpanel by Numerator report projects Philippine FMCG spending to grow only 3‑4% in 2026, a sharp deceleration from last year’s 5.2% rise. The slowdown reflects weaker GDP growth, now seen at 5.3% versus an earlier 6% estimate, and higher...

By Manila Bulletin – Business
SEC Moves to Toughen Standards for Philippine Corporate Directors
NewsFeb 18, 2026

SEC Moves to Toughen Standards for Philippine Corporate Directors

The Philippine Securities and Exchange Commission (SEC) has issued a draft memorandum circular proposing stricter training requirements for corporate directors and senior executives. The new framework mandates a comprehensive curriculum that incorporates OECD corporate governance principles, the ASEAN Governance Scorecard,...

By Manila Bulletin – Business
AFP Backs Increased US Missile Deployments to Manila for Enhanced Regional Defense Posture
NewsFeb 18, 2026

AFP Backs Increased US Missile Deployments to Manila for Enhanced Regional Defense Posture

The Armed Forces of the Philippines publicly endorsed the United States’ plan to expand missile and unmanned system deployments following the 12th Philippines‑U.S. Bilateral Strategic Dialogue. The agreement includes the Typhon mid‑range missile launcher and the Navy‑Marine Expeditionary Ship Interdiction...

By Manila Bulletin – Business
AboitizPower Agrees to Supply 30 Megawatts to Negros Cooperative
NewsFeb 18, 2026

AboitizPower Agrees to Supply 30 Megawatts to Negros Cooperative

Aboitiz Power Corp. will supply Northern Negros Electric Cooperative (Noneco) with 30 MW of electricity, combining 10 MW of solar generation and 20 MW of baseload power. The mixed supply aims to meet rising demand in the cooperative’s franchise area while smoothing the...

By Manila Bulletin – Business
Expectations Are Low for the Latest US-Brokered Talks Between Russia and Ukraine
NewsFeb 17, 2026

Expectations Are Low for the Latest US-Brokered Talks Between Russia and Ukraine

Ukrainian and Russian delegations met in Geneva for U.S.-brokered talks, but expectations are low that they will produce a breakthrough before the war's fourth anniversary. Both sides remain entrenched on territorial demands, with Russia insisting on broader land claims and...

By Manila Bulletin – Business
Dizon Plans Procurement Overhaul to Lure ‘Legitimate’ Builders Back to DPWH
NewsFeb 17, 2026

Dizon Plans Procurement Overhaul to Lure ‘Legitimate’ Builders Back to DPWH

The Philippine Department of Public Works and Highways (DPWH) will adopt a fast‑track procurement system modeled on the Board of Investments' "green lane" to lure reputable builders back after recent flood‑control contract scandals. Secretary Vince Dizon said the new process...

By Manila Bulletin – Business
Mayor Isko Leads Chinese New Year Countdown in Binondo
NewsFeb 17, 2026

Mayor Isko Leads Chinese New Year Countdown in Binondo

Manila Mayor Francisco “Isko” Moreno Domagoso led the Chinese New Year countdown in Binondo, welcoming Chinese Ambassador Jing Quan and highlighting deepening Philippines‑China ties. He announced that new flights to Cebu will boost tourism, jobs, and business, and reported a...

By Manila Bulletin – Business
Single by Choice: Valentine’s Day Is No Longer a Relationship Deadline
NewsFeb 14, 2026

Single by Choice: Valentine’s Day Is No Longer a Relationship Deadline

New data from Agile Data Solutions shows 68% of single Filipinos are single by choice, a trend the firm calls "Intentional Singlehood." Respondents cite personal, career, and financial goals as primary reasons, while Valentine’s Day elicits neutral feelings for two‑thirds...

By Manila Bulletin – Business