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Philippines Business News

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

1501 articles from PhilStar Business

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PhilStar Business

JTI fires up P2.1 billion investments into Batangas plant

JTI International Asia Manufacturing Corp. has invested P2.1 billion more in its manufacturing facility in Batangas, adding a new dry ice expanded tobacco (DIET) plant and doubling the capacity of its controlled atmosphere treatment facility.

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PhilStar Business

Little faces, big smiles

Last week, I had the pleasure of being among school children whose faces lit up with excitement at the Balik Eskwela drive, one of Meralco’s corporate social responsibility initiatives led by One Meralco Foundation.

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PhilStar Business

Meat imports up 8% in 8 months

The country’s meat imports increased by almost eight percent in eight months due to the continued entry of pork and chicken meat, according to the Bureau of Animal Industry.

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PhilStar Business

Miners condemn violence against environmentalists

The country’s top mining group has denounced any form of violence or killings of individuals that are against mining operations, saying that its members respect human rights.

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PhilStar Business

Philippines risks losing P603 billion yearly to digital fraud – report

The Philippines could lose an estimated P603 billion annually to fraud involving mule accounts, according to a joint report by IDfy Philippines and CIBI Information Inc., which urged financial institutions to strengthen identity checks and share information on suspicious activities.

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PhilStar Business

Short to long-term solutions to blackout

As we often hear and read now, the most expensive electricity is no electricity – blackout. Appliances and light bulbs are easily damaged, food in the refrigerator are spoiled, small shops with aircon are forced to close.

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PhilStar Business

SM Prime expands cultural, tourism offerings at MOA

SM Prime Holdings Inc. is expanding its cultural and tourism offerings at the SM Mall of Asia Complex with Museo del Galeón, the country’s first experiential maritime museum.

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PhilStar Business

Trade deficit swells to widest level in H1

The country’s trade gap hit its highest level in the first semester as imports growth outpaced exports, according to the Philippine Statistics Authority.

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PhilStar Business

DOF backs excise tax relief on LPG, kerosene, but not diesel or gasoline

Finance Secretary Frederick Go says broader relief could cost P12 billion a month in lost revenue.

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PhilStar Business

Mynt CEO Martha Sazon brings Philippine financial inclusion story to UN Global Summit

Mynt President and CEO Martha Sazon brought the Philippines’ digital financial inclusion experience to the global stage, highlighting the rise in formal financial account ownership from 29% before the pandemic to 50% of Filipino adults today,

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PhilStar Business

Taiwan Excellence Pavilion 2026 brings innovation and business opportunities to Manila

Taiwan Excellence Pavilion brings together 50 Taiwan Excellence-awarded products from 24 top Taiwanese brands across four key categories.

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PhilStar Business

GCash IPO tipped to energize capital market

The upcoming initial public offering of GCash’s parent company is being seen as a potential economic catalyst for broader participation.

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PhilStar Business

DOTr: Fare hike a 'last resort' as fuel prices surge

As fuel costs bite, DOTr says commuters should be spared for now.

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PhilStar Business

Aboitiz solar startup plots expansion outside Metro Manila

Solviva Energy, a solar startup backed by Aboitiz Power Corp., is looking to tap into growing demand for rooftop solar as it expands beyond Metro Manila, with Cebu and Davao as its first target markets.

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PhilStar Business

ADB: Philippines bond market grows at faster pace in Q2

The Philippine bond market posted a faster growth rate in the second quarter compared to the previous quarter, but bond issuance fell during the same period, according to the Asian Development Bank.

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PhilStar Business

AI fears, scams and fraud

As a baby boomer, I grew up in the 1960s with the concept of artificial intelligence still in the realm of science fiction, even though development of computing systems actually started in the early 1940s.

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PhilStar Business

BCDA expects investments hitting over P100 billion this year

The Bases Conversion and Development Authority expects its approved investments to reach over P100 billion this year amid strong investor interest.

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PhilStar Business

Billease Bank elects Bobier to board

Billease Bank Inc. has elected former Bangko Sentral ng Pilipinas deputy governor Eduardo Bobier as an independent director, while the lender strengthens its governance and prepares to offer savings and deposit accounts through the Billease app.

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PhilStar Business

DA eyes use of millet to lower livestock costs

The Department of Agriculture is looking to utilize millet as a corn substitute in animal feeds to help cut livestock production costs.

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PhilStar Business

Funding gaps hinder coconut development plan

The country’s coconut development plan continues to face funding gaps due to limited operational budgets and underutilized allocations, which have limited implementation, according to the Philippine Coconut Authority.

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PhilStar Business

GCash onboards 2 million Pinoys in stock market

The investment platform of e-wallet giant GCash has attracted more than two million Filipinos to explore trading at the Philippine Stock Exchange.

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PhilStar Business

Japan firms want stronger ties with ASEAN

Japanese firms are seeking to deepen their role in the Association of Southeast Asian Nations beyond merely submitting policy recommendations as the bloc moves toward its 2045 vision.

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PhilStar Business

Mayor Joy Belmonte leads opening of leather restoration specialist

Midas Bags, Shoes, Leather Repair and Restoration opened its flagship store at the SM North EDSA Carpark Plaza last month, taking a prime position at the walkway linking the plaza to The Block, the mall’s upscale retail wing.

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PhilStar Business

PayMongo targets fourfold hike in revenue this year

PayMongo is targeting revenue equivalent to four times last year’s level in 2026 as it expands beyond payment processing fees into subscription services and other offerings, with its monthly merchant base approaching 11,000.

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