PhilStar Business
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Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
1488 articles from PhilStar Business
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PhilStar Business
Ayala Malls expands solar installations
Ayala Malls is rolling out rooftop solar installations across more shopping centers to accelerate its shift to renewable energy.
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Bargain hunting helps market snap losing streak
The local stock market snapped its five-day slump ahead of the country’s September inflation announcement, with investors capitalizing on bargain stocks.
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BSP flags crypto anonymity risks, backs strict oversight
The Bangko Sentral ng Pilipinas is pushing for tight oversight of cryptocurrency transactions, warning that transfers outside regulated channels can make it difficult for authorities to identify the people behind them.
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‘BSP should avoid rate hikes to defend peso’
The Bangko Sentral ng Pilipinas should avoid using interest rate hikes primarily to defend the peso and instead keep monetary policy focused on inflation, according to Manulife Investments Philippines, as elevated US yields and broad dollar strength continue to pressure the local currency.
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Casino Plus taps Peter & Sons for gaming content
Casino Plus has entered into a strategic content partnership with acclaimed international game studio Peter & Sons, expanding its mobile-driven gaming ecosystem with distinctive global content.
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Converge’s subsea cables spare Filipinos from internet outage
Broadband provider Converge ICT Solutions Inc. found an immediate return on investment in its new subsea cable to Singapore when it spared subscribers from internet disruption over the weekend.
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Feasibility study readied for Manila cruise port
The government’s plan to build a P5-billion cruise port in Manila is starting to take shape, with the project now moving to the feasibility study stage.
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FILRT appoints Joseph Yap as president
Filinvest REIT Corp., the real estate investment trust arm of the Gotianun family’s Filinvest Land Inc., will undergo a leadership transition as its president and CEO, Maricel Brion-Lirio, retires.
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GCash is going public. But it already belongs to the public
GCash is going public. In one important sense, however, it went public years ago; not because Filipinos owned its shares, but because Filipinos began depending on it.
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Ignite Power open to Socoteco 2 deal safeguards
Ignite Power is open to an anti-dilution provision in its proposed deal with South Cotabato II Electric Cooperative to protect the utility’s board representation and voting rights.
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Infrastructure spending eases to P89.6 billion in July
The government’s infrastructure expenditures remained sluggish in July as lower disbursements by the Department of Public Works and Highways continued to weigh on spending, although the contraction tapered off.
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Meralco energy sales accelerate in 8 months
Power utility giant Manila Electric Co. saw electricity sales notch higher in the first eight months as sustained energization continued to expand its customer base.
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Philippines secures ADB assistance to combat financial crimes
The Philippines has secured a technical assistance package from the Asian Development Bank to strengthen the country’s defenses against financial crimes, according to the Department of Finance.
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‘Property developers cut capex as housing glut weighs on sales’
Philippine property developers are scaling back spending and shifting more capital toward income-generating assets as elevated housing inventories, higher interest rates and weaker purchasing power continue to weigh on residential sales, according to S&P Global Ratings.
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Singlife Philippines names Allen Reyes as CEO
Singlife Philippines Inc. has appointed Allen Reyes as its new CEO, the digital life insurer announced yesterday.
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SM Prime records over 1 million visitors across live venues
SM Prime Holdings Inc. has sustained robust demand across its major live entertainment venues, with over one million visitors welcomed from January to August.
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The waiting room: Grassroots innovation vs systemic waste
Many times, I’ve encountered situations that are naturally funny, but in truth are downright stupendous, like a stranger’s clumsy fall due to a wet floor courtesy of a diaper-less pet dog inside a shopping mall.
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USDA sees slower sales for Philippines food, beverages
The Philippines’ food and beverage retail sales are expected to grow at a slower pace this year due to rising costs and slower consumer spending, according to the US Department of Agriculture.
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Beyond the classroom: Student leaders take on real-world business challenges
Global Dominion partners with JCFAP to support the professional development and career readiness of future finance leaders
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ICT: Durban Gateway Terminal transition delays
Durban's transition problems weigh on ICTSI sentiment, but diversified operations limit earnings risk and leave the long-term thesis intact.
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Affordability
In the 2026 US midterm elections, “affordability” has evolved into a central political issue.
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Banks’ bad loan ratio steady at 3.35% in August
The share of bad loans held by Philippine banks remained broadly stable in August and improved from a year ago as overall lending continued to grow faster than soured accounts.
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Fruitas ripe for next growth phase with P750 million PNB credit facility
Fruitas Holdings Inc., led by businessman Lester Yu, is ripe for its next growth chapter with a P750-million credit facility secured from Lucio Tan-led Philippine National Bank (PNB) that will support its continued expansion, portfolio diversification and long-term growth initiatives.
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