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.
1489 articles from PhilStar Business
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PhilStar Business
Waste-to-energy auction attracts top Philippine tycoons
Companies backed by tycoons Manuel V. Pangilinan, Enrique Razon Jr. and Ramon Ang are among the 11 bidders qualified to advance to the government’s waste-to-energy auction.
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Why national savings matter to the peso
When Filipinos hear the word “savings,” they probably think of money in a bank account, an emergency fund or perhaps coins kept in an alkansya.
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Fuel prices to surge Sept. 8 as Middle East tensions intensify
Fuel prices rise by as much as P5.58 per liter Tuesday
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‘3 in 4 in NCR booking more ride-hailing trips’
Nearly three in four Filipinos living in Metro Manila are relying more on ride-hailing apps to go around the region, choosing to pay a premium especially when in a hurry.
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4PH improves Megawide outlook
First Metro Securities Brokerage Corp., in its Aug. 31, 2026 company update on Megawide Construction Corp., written by analysts Mark Angeles and Kyle Garcia, sees a good opportunity once again for stock market players to start buying shares of the Saavedra-led construction firm as the market has dipped anew.
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An outlier taipan
Over the past weeks, I have been writing about how our economic elites have preferred to invest in protected and rent-seeking industries rather than in basic industries that will make our economy internationally competitive.
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BSP plans pause on new payment system operators
The Bangko Sentral ng Pilipinas (BSP) wants to suspend for a year the registration of new payment system operators as part of tighter safeguards to make merchant payments traceable and curb fraud and illicit transactions.
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DMCI pours in over P160 million for Berong mine rehab
DMCI Mining Corp. has invested more than P160 million for the rehabilitation of its Berong nickel mine in Palawan, as the company completes the work ahead of schedule.
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El Niño impact on rice harvest seen lessening
The Department of Agriculture has revised its rice production projections, narrowing the potential El Niño-induced decline this year to about 400,000 metric tons (MT).
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Geothermal power firms seek auction pricing revamp
The National Geothermal Association of the Philippines (NGAP) is pushing for changes to the pricing mechanism for geothermal projects following the poor turnout in the previous government auction.
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Government think tank flags shortfall in rice tariff
The persisting shortfall in rice tariff collection will cause additional strain on the government’s fiscal space as the revenue gap would be plugged by other sources, a congressional think tank said.
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Sideways trading expected this week
Trading may move sideways with a downward bias at the local market this week as peso volatility is expected to persist, analysts said.
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Two-trillion-peso company
Last week, the Philippine Stock Exchange (PSE) hosted a cocktail reception to celebrate the latest milestone achieved by International Container Terminal Services Inc (ICT). It became the first listed Filipino company to reach P2 trillion in market cap.
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Zero tariff for electric vehicles pushed until 2040
The Electric Vehicle Association of the Philippines (EVAP) is pushing for the extended implementation of the zero tariff on EVs until 2040 to support the continued growth and adoption of these vehicles.
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At a turning point: Toward ‘frictionless’ HR
If you are an employee, chances are you have a memorable story about filing for vacation or sick leave.
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Bing Limjoco: From franchising pioneer to pillar of Philippines retail
From the infancy of franchising to its current golden age in the Philippines, Ma. Alegria “Bing” Sibal-Limjoco has been a driving force in shaping the country’s retail and franchising landscape, earning her the moniker “the mother of Philippine franchising.”
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FedEx Philippines welcomes new managing director
Logistics giant Federal Express Corp. has announced the appointment of Garrick Thompson as its new managing director for the Philippines.
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GCash enters tax refund market
E-wallet giant GCash is going all in on its push to expand internationally, this time introducing a tax refund feature to speed up foreign currency conversion in 16 countries.
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MBC: 2026 growth unlikely to meet government target
Philippine economic growth may fall below the government’s goal for 2026, but accelerated government spending could help support growth, the Makati Business Club said.
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MGen starts commercial power delivery
Pangilinan-led Meralco PowerGen Corp. is now selling electricity from a portion of the P200-billion MTerra Solar project, the world’s largest integrated solar facility.
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PERA growth seen deepening long-term savings pool
The rapid expansion of Personal Equity and Retirement Accounts is widening a channel for long-term domestic savings that can support businesses and infrastructure, although the voluntary retirement program remains small despite its nearly fivefold increase in contributors.
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‘Philippines falls behind in race for foreign investments’
Global investors are increasingly overlooking the Philippines as weak economic growth and political noise erode the country’s appeal, even as corporate earnings remain resilient and stock valuations become cheaper, according to BDO Capital and Investment Corp.
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Philippines may post above 4% growth in Q4 – UA&P
The Philippine economy may grow above four percent in the fourth quarter, supported by a rebound in infrastructure spending and stronger demand, according to the University of Asia and the Pacific.
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