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
Claims made easy: Singlife Philippines delivers the experience Filipinos deserve
Singlife reinforces its commitment to putting customers first by transforming the insurance claims experience into a seamless, fully digital journey.
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Globe gets nod from Morgan Stanley as GCash IPO nears
Globe Telecom Inc. has secured a positive nod from global investment bank Morgan Stanley as its GCash affiliate Mynt moves closer to pricing its highly anticipated initial public offering.
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Price Tracker: Oil, fuel monitor for Sept. 28–Oct. 5
Pump prices decline after three consecutive weeks of increases.
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Airfares soaring to new highs
Filipinos booking their holiday flights in October will find themselves paying more – some by as much as nearly P14,000 – as the government approved a new round of fuel surcharge hike.
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AMLC to banks: Show AI helps curb financial crime
Banks and other financial institutions using artificial intelligence to fight financial crime should be able to show that the technology helps detect risks and that its decisions could be examined, according to the Anti-Money Laundering Council.
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Bad weather sinks car sales, but xEVs zoom
Heavy rainfall and flooding led to an 18-percent decline in overall vehicle sales in August from a year ago, but demand for electrified vehicles remained resilient with sales accelerating by over 200 percent.
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Beyond substituted filing
For many employees, tax compliance is often perceived as complete upon receipt of their Certificate of Compensation/Tax Withheld or the Bureau of Internal Revenue Form 2316 from their employer.
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Can you improve this work process?
There was an old story about three lumberjacks sent into the forest.
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DigiPlus hits bump in Brazil venture
Digital entertainment company DigiPlus Interactive Corp. has encountered another obstacle in its venture in Brazil.
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Fiscal reforms to unlock GDP gains for Philippines – World Bank
The Philippines could generate fiscal gains equivalent to as much as 7.1 percent of gross domestic product by improving tax collection and making public spending more efficient, according to the World Bank.
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Globe leans on GCash, data centers for value
Telco-to-tech giant Globe Telecom Inc. is betting on its digital units to pick up more investor interest as it moves to cushion its recent profit slowdown.
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JKS buys P2.88 billion PhilWeb shares, ups stake to 14.2%
Technology firm JKS Tech Solutions Inc. is raising its stake in listed gaming service provider PhilWeb Corp. to 14.22 percent through the purchase of additional shares worth P2.88 billion.
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MGEN advances S$1.2 billion gas plant in Singapore
Meralco PowerGen Corp. of tycoon Manuel V. Pangilinan is now advancing its S$1.2-billion (about P58.7 billion) hydrogen-ready gas-fired power plant on Jurong Island, Singapore.
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Mitsubishi charges ahead with plans to export hybrid
It is no secret that Mitsubishi Motors Philippines Corp. plans to manufacture a hybrid electric vehicle (HEV) and position the country as an export hub for hybrid vehicles.
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‘New auction rules put Semirara coal output at risk’
The Semirara coal mine in Antique could face zero output if the government awards the new contract solely to the highest bidder, regardless of mining expertise, its current operator warned.
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SEDA Law honors Piki Lopez for RE transition, development
In its recent celebration of 25 years of leadership in the legal sector, SEDA Law awarded its prestigious Silver Coin Tribute to Federico “Piki” Lopez, chairman and CEO of the First Holdings Group, during a gala dinner attended by some 600 leaders from business, government and professional sectors.
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Stocks tumble as Trump rejects Iran proposal
The local stock market started the week on a sour note amid renewed concerns over possible prolonged oil supply disruptions.
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Taiwanese firm eyes $1 billion plant in Clark
A Taiwanese technology firm plans to invest $1 billion for a manufacturing facility in New Clark City, according to the Bases Conversion and Development Authority.
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Pump prices to fall Sept. 29 after 3 straight weeks of hikes
Motorists will see lower pump prices starting September 29.
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Retirement doesn't start at 65. It starts with the choices you make today.
It is often viewed as something to think about only after a long career or once the children have become independent.
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Lalamove sets wheels in motion across Mindanao, more parts of Visayas
Mobility and delivery services will soon be available in key cities across Mindanao and the islands of Panay and Negros.
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LPG prices to fall P3 per kilo before possible P10 hike
he tax-driven cut may be followed by a P10-to-P15 increase in October.
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Learn and grow: Bayan Family of Foundations and Global Dominion Partner
The partnership will strengthen and enhance the creation of valuable content on finance education for individuals and businesses through the program Ka-partner Academy. The partnership enables both organizations to advance sustainable development goals for better education, economic growth and reduced inequalities.
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