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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

Uncharted territory

I have been investing for more than five decades, and I have seen my share of bull markets.

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PhilStar Business

Voltai gears up for nationwide expansion

Voltai, the electric mobility startup backed by Aboitiz Power Corp., is doubling down on Metro Manila while gearing up for expansion into other key urban centers across the country.

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PhilStar Business

Korean blockchain firm eyes tourism, recreation projects in Bataan freeport

A South Korean blockchain and financial technology company has committed to pursue real estate, tourism, and recreation-oriented projects in this free port, the Authority of the Freeport Area of Bataan announced late Wednesday, July 1.

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PhilStar Business

BFAR earns highest COA audit rating for 4th straight year

The Bureau of Fisheries and Aquatic Resources (BFAR) has secured the Commission on Audit’s Unmodified Audit Opinion, the highest audit rating, for the fourth consecutive year.

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PhilStar Business

GCash lowers transfer fee to P10

Fintech company GCash has lowered its transfer fee to P10 as of July 4.

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PhilStar Business

BPI sustainable financing hits P54 billion

Sustainable Development Finance disbursements of Ayala-led Bank of the Philippine Islands reached P54 billion in 2025, bringing total releases under the program to P376 billion across 532 projects.

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PhilStar Business

Cebu Pacific, Benilde empowering deaf students

In a move to advance workforce inclusivity, the Gokongwei-led Cebu Pacific has partnered with the De La Salle-College of Saint Benilde to offer internship opportunities for deaf students and nurture future professionals in the aviation and tourism industry.

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PhilStar Business

Chongqing: Where growth meets green

Chongqing in southwestern China is a pleasant surprise to any visitor — quintessentially Chinese yet cosmopolitan, too. One can choose a favorite photo backdrop from the estimated 14,000 to 20,000 bridges in this city dubbed the Bridge Capital of the World, or enjoy its gastronomic adventures centered on mostly hot dishes.

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PhilStar Business

Clean energy needs builders, not scapegoats

Filipinos have every right to worry about electricity prices.

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PhilStar Business

Mister indispensable executive

I once met a man whose story still sticks in my mind.

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PhilStar Business

More banks to cut, waive online transfer fees – BSP

More banks are expected to waive or lower electronic transfer fees in the coming days after two lenders moved to make InstaPay transactions free for their digital banking customers, the Bangko Sentral ng Pilipinas said.

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PhilStar Business

‘Philippines economy likely grew 2.6% in Q2’

The Philippine economy likely grew at a slower pace in the second quarter due to the impact of high inflation and recent headwinds, including the Middle East conflict, on economic activity, according to the University of Asia and the Pacific.

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PhilStar Business

Pinoys overestimate their digital hygiene – survey

Are Filipinos overconfident about their digital hygiene? Despite an overwhelming majority of Filipinos rating their online habits as good, fewer than half actually practice measures to protect themselves against cybercrime, according to a survey commissioned by insurance technology firm bolttech.

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PhilStar Business

PSE elects new board

The Philippine Stock Exchange Inc. has welcomed three new directors to its 15-member board who were elected during the company’s annual stockholders’ meeting yesterday.

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PhilStar Business

Regulate risk, not progress, business leaders urged

The Artificial Intelligence Development and Regulation Act was presented before some of the country's most senior business leaders, policymakers and technology executives at the 2nd MAP x KPMG Technology Summit last June 30.

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PhilStar Business

Maya to cut InstaPay transfer fee to P10

Digital bank Maya is lowering its InstaPay transfer fee to other banks from P15 to P10, joining a growing number of financial institutions reducing the cost of electronic fund transfers.

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PhilStar Business

DA clears P727-million Zambales farm-to-market road

The proposed P727-million Baloganon-Sitio Coto, Taltal farm-to-market road has been cleared for implementation by the agriculture department.

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PhilStar Business

Banks’ bad loan ratio rises to 9-month high

The non-performing loan (NPL) ratio of banks climbed to its highest level in nine months in May as bad loans continued to increase, reflecting normalization in asset quality and the delayed impact of previously high interest rates on borrowers.

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PhilStar Business

BIR ramps up VAT collection push

The Bureau of Internal Revenue (BIR) is gearing up for a tougher value?added tax campaign this year after collections in 2025 fell short of the target, and with slower growth, weaker household demand and volatile oil prices seen to weigh on revenues.

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PhilStar Business

Filipinos going solar

Rooftop solar panel installations in the Philippines are taking off and have likely almost doubled in the last 12 months, a recent report by private think tank Ember revealed.

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PhilStar Business

Mynt flags online gaming risks

Mynt Inc., the parent firm of e-wallet giant GCash, has acknowledged its exposure to risks in the licensed online gaming industry as the company prepares for what could be the country’s biggest initial public offering (IPO) later this year.

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PhilStar Business

Philippines income upgrade raises investor bar

The Philippines’ move to the upper-middle income grouping has raised investor standards for the country, making it necessary to undertake more reforms to improve ease of doing business and enhance competitiveness.

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PhilStar Business

President Marcos reappoints Wassmer, Querubin to Monetary Board

President Marcos has reappointed Walter Wassmer and Jose Querubin as members of the Monetary Board, keeping two veteran bankers in the Bangko Sentral ng Pilipinas (BSP)’s highest policy-making body until July 2032.

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PhilStar Business

Stocks rise on upbeat investor sentiment

The local stock market ended the week with a third straight win, buoyed by upbeat investor sentiment following recent positive macroeconomic developments.

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