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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

332 articles from PhilStar Business

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PhilStar Business

‘BIR, BOC revenue targets retained’

The government has maintained collection targets for its two biggest revenue agencies despite a national energy emergency, the Department of Finance (DOF) said.

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PhilStar Business

BSP eases rules as Middle East tensions shake markets

The Bangko Sentral ng Pilipinas (BSP) has granted temporary regulatory relief to banks and quasi-banks to shield their reported capital positions from unrealized losses on peso government securities caused by market volatility from the Middle East conflict.

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PhilStar Business

Century Properties raising P3 billion to support expansion

Century Properties Group Inc. (CPG) of the Antonio family is raising fresh capital through a fixed-rate notes issuance to support its expansion.

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PhilStar Business

Financial system resources hit record P37.3 trillion in April

Total resources of the Philippine financial system climbed to a record P37.31 trillion as of end-April, driven by sustained growth in bank assets and the continued expansion of digital lenders.

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PhilStar Business

Forest Lake honors sales force following record 2025 growth

Forest Lake Development Inc., one of the country’s leading memorial park developers, gathered more than 550 guests at Okada Manila on April 21 for its 12th National Sales Convention, a celebration that honored its people, partnerships and shared values behind the company’s continued nationwide growth and record-breaking achievements in 2025.

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PhilStar Business

Government eyes first nuclear auction in mid-2027

The government is targeting June 2027 for the country’s first nuclear tender, with the winning bidder expected to secure a ready market for the project and potential access to state funding support.

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PhilStar Business

Government to borrow P1.12 trillion from domestic market

The Marcos administration will borrow as much as P1.12 trillion from the local debt market in the third quarter, leaning heavily on domestic financing amid global uncertainties.

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PhilStar Business

Industry groups push for joint review of nutrition profiling model

The Philippine Chamber of Food Manufacturers Inc. (PCFMI) and other industry groups are pushing for their inclusion in the further review of the Philippine Nutrient Profile Model (PNPM) to ensure that it reflects current dietary patterns and realities.

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PhilStar Business

LRT-2 traffic up, but revenue dips

The Light Rail Transit Line 2 (LRT-2) is suffering from a double-digit revenue freefall due to the higher discounts granted to students, senior citizens and persons with disabilities (PWD).

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PhilStar Business

Meralco Group plots renewable energy expansion with VinEnergo

Pangilinan-led Meralco Group is expanding its power portfolio with Vietnam’s VinEnergo in a partnership that could unlock 25 gigawatts (GW) of renewable energy (RE) and battery storage capacity.

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PhilStar Business

Off-grid areas eyed for full hybridization

The government is racing to bring renewable energy (RE) to the country’s most remote communities, targeting full hybridization by 2030 to reduce their costly reliance on diesel power.

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PhilStar Business

Pepsi targets above-GDP sales growth for 2026

Beverage firm Pepsi-Cola Products Philippines Inc. (PCPPI) is aiming for sales to outpace the country’s economic growth this year to be supported by strong demand for flavored and energy drinks and the expansion of its distribution network.

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PhilStar Business

Philippines eyes Indonesia link for Asean Power Grid

The Philippines is exploring a potential interconnection with Indonesia under the broader ASEAN Power Grid initiative, which aims to enable cross-border electricity trade across Southeast Asia.

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PhilStar Business

Philippines more expensive than Vietnam, Thailand

Vietnam and Thailand continue to attract more tourists than the Philippines as our two Association of Southeast Asian Nations (ASEAN) neighbors are able to offer cheaper prices.

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PhilStar Business

RLC infusing 6 additional malls into RCR

Gokongwei-led real estate developer Robinsons Land Corp. (RLC) is infusing more mall assets into its real estate investment trust company, RL Commercial REIT Inc. (RCR), through a P10.62-billion property-for-share swap transaction.

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PhilStar Business

Serious threat to BPO industry

The threats to the local industry that’s keeping millions of our young people profitably employed have been festering for some time now. One of these is the threat of AI on the voice part of our BPO industry. The other one is a pending bill in the US Congress seeking to bring back offshored call center jobs to the US.

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PhilStar Business

Stocks bounce back on bargain hunting

The local stock market bounced back yesterday as investors shopped for bargains following two consecutive sessions of decline.

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PhilStar Business

MaroonStudios CEO James Mendoza champions sovereign cloud and AI-driven governance at NICT Summit 2026

MaroonStudios CEO James Mendoza took the stage as a keynote speaker at the NICT Summit 2026.

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PhilStar Business

Price Tracker: Oil, fuel monitor for June 23-29

The impact of the Strait of Hormuz disruption is more likely to be reflected in next week’s price adjustments.

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PhilStar Business

AirAsia bringing first A220s to Philippines

The local unit of low-cost carrier AirAsia will introduce to the Philippines its first units of Airbus A220 by 2028, bringing in single-aisle aircraft that have powerful range and wider capacity.

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PhilStar Business

BIR’s blue check: The badge for online sellers

Selling online just got a digital upgrade — one that will keep personal data much safer.

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PhilStar Business

BSP wants more informal sellers to accept digital payments

The Bangko Sentral ng Pilipinas is looking to bring more small and informal merchants into the digital payments ecosystem by easing onboarding requirements and addressing high transfer fees, as it pushes for broader use of electronic payments across the country.

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PhilStar Business

DA pushes higher coco-biodiesel blend

The Department of Agriculture is pushing for the immediate transition to the five percent coco-biodiesel blend.

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PhilStar Business

DICT’s flagship eGovPH app posts 700% surge in transactions

The Department of Information and Communications Technology’s flagship eGovPH app has surpassed 800 million transactions while reaching 56 million downloads, underscoring the rapid adoption of digital government services among Filipinos.

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