Philippines Business News
Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.
46 articles from Rappler Business
[Vantage Point] CBK: The battle for Luzon’s battery
Even before the Aboitizes came, CBK was the focus of what was potentially the most fiercely contested infrastructure project in modern Philippine history
Read more →Cheaper local trips? DOT rolls out discounted travel deals, taps TikTok creators
The Department of Tourism’s new travel deals were popular enough to crash its website on day one
Read more →South Korea taps Samsung, SK Hynix in $576-billion AI chip drive to cement global leadership
South Korean President Lee Jae Myung casts the initiative as a 'great leap forward,' centered on the 'triple axis' of semiconductors, physical AI and data centers
Read more →BPI to make InstaPay, PESONet transfers free starting July 1. Will other banks follow?
Previously, most BPI app users were charged P10 for InstaPay transactions and P50 for PESONet transfers
Read more →[Ask the Tax Whiz] The Al Capone strategy: Why PH must follow the money in corruption cases
The fight against corruption should be supported by a coordinated system that follows financial trails, detects unexplained wealth, and enforces tax laws consistently regardless of political affiliation, position, or influence
Read more →Fuel price rollback or increase on June 30 as Middle East tensions return
The price adjustments follow last week’s big rollback, when pump prices went down by up to P5.90 per liter for gasoline, P11.04 per liter for diesel, and P11.82 per liter for kerosene
Read more →[Vantage Point] Can the market handle GCash?
If the GCash IPO merely rotates domestic funds among existing listed companies, the success will be more symbolic than transformative
Read more →Philippines leads the world in rush to solar as power prices soar
The rooftop solar rush has resulted in $407 million in panel imports in the three months through May, a 145% increase from a year earlier, according to trade data from China, which accounts for most global supply
Read more →Bangko Sentral gives banks relief on paper losses. But does this just push risk out of sight?
Former BSP deputy governor Diwa Guinigundo warns that the temporary relief may introduce moral hazard, or the concern that banks could take on more risks if they expect regulators to cushion them from future market shocks
Read more →The chicken farm has gone smart: How Bounty Fresh is using AI
With AI-powered cameras tracking chicken weight and market-readiness, Bounty says a 1.5-million-bird farm can now be operated by just 25 people instead of 200
Read more →[ANALYSIS] First of its kind: PLDT’s P24.2B data center REIT IPO
The VITRO IPO also represents a turning point where traditional property investment meets the modern technology age
Read more →[In This Economy] Four years on, Marcos failed to deliver on his economic promises
On the scorecard President Ferdinand Marcos Jr. handed us himself, most of the boxes are still unchecked four years on
Read more →With Bistro Group under Bounty, what’s next for the chicken giant? Nope, not an IPO
And in case you're wondering, there are no plans to offer franchises for Chooks-to-Go either
Read more →[Ask the Tax Whiz] VAT zero-rating process of export-oriented enterprises
Ask the Tax Whiz clarifies the specific conditions and processes under which export-oriented enterprises may apply for a VAT zero-rating in light of recent BIR issuances
Read more →BCDA to bid out John Hay Golf management in Q3 as estate enters next phase
The planned bidding marks another step in BCDA’s efforts to move Camp John Hay from years of legal disputes and asset recovery toward long-term redevelopment and management
Read more →[Finterest] Want to invest in data centers? Watch out for PLDT’s VITRO REIT
If all goes to plan, VITRO REIT could raise up to P24.2 billion in gross proceeds for the PLDT Group, which could provide a substantial cash injection to trim its balance sheet debt
Read more →[Vantage Point] The dangerous religion of growth
We ought to stop worshipping GDP. It does not capture true prosperity, long-term sustainability, or actual human flourishing.
Read more →Fuel prices set for big rollback on June 23
The price cuts will offer motorists some breathing room, though pump prices are still higher than before the Middle East conflict
Read more →[Finterest] Bangko Sentral lifts freeze on digital transfer fee hikes. Will prices rise?
For consumers, the moratorium’s lifting doesn't automatically mean fees will go up. But regulators still need to tweak their incentives so that the new pricing regime pushes costs down rather than give payment providers room to charge more.
Read more →How Mindanao’s coffee farmers reclaimed their place on the world stage
Prices are not the deepest change. The deepest change is that coffee now carries the farmer’s name — on the bag, on the scoresheet, in the silence before the emcee speaks
Read more →[Vantage Point] PSE’s Monzon years: Rearranging the plumbing while the house burns
After Ramon Monzon's nearly nine years as head of the local bourse, investors are entitled to ask whether the PSE's problems are merely structural or whether leadership must also bear responsibility
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