Philippine Business News Weekly

Business News Round Up August 12-16, 2024

REMITTANCES FROM OVERSEAS FILIPINOS INCREASE BY 2.55% IN JUNE Personal remittances from overseas Filipinos (OF) went up by 2.55% to $3.21 billion in June this...

Business News Round Up – Aug. 6-9, 2024

PHILIPPINES AND CZECH REPUBLIC SEEKS BETTER TRADE TIES The Philippines and Czech Republic are seeking to boost trade ties with the holding of the second...

Business News Roundup for July 29 to August 2, 2024

URC EXITS CHINESE MARKET Listed Universal Robina Corporation (URC) of the Gokongweis has ceased manufacturing and sales operation in China, and is aiming to fully...

Revenue loss from POGO ban not significant—Gatchalian…

Ni: Nino Aclan SENATOR Win Gatchalian said that the government’s revenue loss from banning Philippine Offshore Gaming Operators (POGOs) is not that significant. The Chairperson of...

BUSINESS NEWS ROUNDUP FOR JULY 22-26

DOF SEEKS IMPLEMENTATION OF MERCHANDISE PASSPORT SYSTEM To help showcase Filipino-made products globally and help local businesses to take advantage of opportunities in foreign markets,...

Business New Round Up July 15-19

BALANCE OF PAYMENTS LOGS LOWER DEFICIT The country's balance of payments (BOP) position posted a lower deficit in June this year, according to the Bangko...

Biz News Round Up July 7 – 12, 2024

VEHICLE SALES UP 11.8% IN FIRST SIX MONTHS Vehicle sales in the country improved by 11.8% in the first six months of the current year,...

Despite high interest rates, PH credit card market sustains growth

Despite high interest rates, the credit card market in the Philippines continues to growth, according to insights shared at the recent 2024 TransUnion Financial...