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Philippines Business News

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

349 articles from PhilStar Business

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PhilStar Business

Government positions Mindanao as next investment hub

The Board of Investments (BOI) and the Mindanao Development Authority (MinDA) have forged a partnership to position Mindanao as the country’s next major investment hub.

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PhilStar Business

How decentralized identity could rewire Filipino remittances in a time of war

By any measurable metric, the Philippines runs on remittances.

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PhilStar Business

Megaworld generates P28 billion in sales from residential projects

Property giant Megaworld Corp. has booked P28 billion in sales after fully selling out its residential villages in Metro Manila and key provincial areas.

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PhilStar Business

‘More BSP rate hikes possible’

The Bangko Sentral ng Pilipinas (BSP) may still deliver more rate hikes this year after raising borrowing costs for a second straight meeting, although economists are divided on whether the central bank will keep tightening or pause as soon as oil prices ease and growth weakens.

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PhilStar Business

NGCP reviews new transmission rules, eyes next steps

The National Grid Corp. of the Philippines (NGCP) is evaluating newly issued transmission rules to protect grid integrity and ensure alignment with its concession agreement with the government.

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PhilStar Business

Philippines climbs 4 places in global competitiveness ranking

The Philippines moved up four places to rank 47th out of 70 economies in this year’s International Institute for Management Development (IMD)’s World Competitiveness Ranking, but the country remained among the laggards in Asia-Pacific.

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PhilStar Business

‘Philippines does not import fresh ube’

The Philippines does not import ube or purple yam, a unit of the Department of Agriculture (DA) said, amid rising popularity for the country’s root crop.

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PhilStar Business

RHR partners with Duty Free Philippines to support tourism growth

Robinsons Hotels and Resorts (RHR), the hospitality arm of the Gokongwei family’s Robinsons Land Corp., is teaming up with Duty Free Philippines to support tourism growth in the country.

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PhilStar Business

SC orders NOW Telecom to pay P136 million dues to NTC

NOW Telecom Co. Inc. has been ordered by the Supreme Court (SC) to settle up to P136 million in unpaid user fees since 2005 to the National Telecommunications Commission (NTC).

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PhilStar Business

Stocks end lower following BSP rate hike

The local stock market ended the week in the negative territory following the Bangko Sentral ng Pilipinas (BSP)’s latest rate hike.

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PhilStar Business

The new real estate equation: Price, space and time

SMDC’s connected communities place residents closer to essentials, services, work, dining and leisure, helping make everyday life more efficient.

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PhilStar Business

Arthaland: Amended Notice of Annual Stockholders Meeting

Notice is hereby given that the 2026 annual stockholders meeting of Arthaland Corporation will be held on June 26, 2026, 9 a.m. via remote communication.

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PhilStar Business

DOE: Big diesel rollback likely on June 23 as global prices fall

The DOE expects a large fuel price rollback next week after global petroleum prices fell following a US-Iran deal.

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