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🇵🇭 Local Market Intelligence

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

BSP digital currency pilot shows promise for large-value payments

The Bangko Sentral ng Pilipinas pilot test for a wholesale central bank digital currency (CBDC) showed that digital tokens can help banks settle large-value transactions beyond normal business hours, but the central bank still needs to address legal, regulatory, cybersecurity and scalability issues before any full rollout.

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PhilStar Business

‘Congestion to affect 88% of Asian airports by 2040’

Airports in Asia-Pacific may face congestion by 2040, prompting a need to decide on what next gateways to build, the International Air Transport Association said.

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PhilStar Business

DoubleDragon bringing Hotel101 to Thailand

DoubleDragon Corp., the listed company chaired by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, is bringing Hotel101 to Thailand through a partnership with property developer Origin Property Public Co. Ltd.

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PhilStar Business

DTI, cement makers roll out decarbonization roadmap

Cement manufacturers are aiming to reduce carbon emissions, while producing high quality cement to support the country’s infrastructure development under a roadmap launched in partnership with the government.

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PhilStar Business

ERC: EV-to-grid rules on target this year

Electric vehicle owners may soon sell electricity back to the grid and earn credits on their power bills, with the regulatory framework enabling the move potentially out this year.

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PhilStar Business

GSIS expands Balik Ginhawa loan refunds to 6 months

State-run Government Service Insurance System has expanded the loan coverage of its moratorium program to six months, allowing members and pensioners to cope with living costs, still elevated due to the Middle East war.

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PhilStar Business

In June: Philippines factory activity sustains expansion

The Philippine manufacturing sector remained in expansion mode in June, supported by improved demand and output, but firms’ confidence levels dropped to a five-month low.

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PhilStar Business

LT Group ramps up clean power switch with First Gen

Companies under taipan Lucio Tan’s LT Group Inc. have transitioned to renewable energy, tapping Lopez-led First Gen Corp. to power their operations.

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PhilStar Business

Maynilad strengthens readiness for El Niño

Maynilad Water Services Inc., the water concessionaire for Metro Manila’s West Zone, is scaling up preparations for the incoming El Niño weather phenomenon as Angat Dam reaches critical levels.

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PhilStar Business

Metro Pacific expands hospital network to 31

Pacific Health Corp., the health care arm of Metro Pacific Investments Corp., has expanded its hospital network to 31 with its investment in First United 23 Inc., the owner and operator of two hospitals in Batangas.

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PhilStar Business

New RLC campaign to boost domestic tourism

The Gokongwei family’s Robinsons Land Corp. is embarking on an initiative to help boost domestic tourism.

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PhilStar Business

On EVs and RE as addition to fossil fuels

Last Tuesday, I attended the BusinessWorld Insights forum on the topic, “Powering the Electric Shift” held at Makati Diamond Residences. It was sponsored by Aboitiz Power and co-sponsored by Toyota, Meralco and Nissan, and hosted by News5 anchor Jester de los Santos.

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PhilStar Business

Philippine set for largest nuclear forum in October

The Department of Energy is partnering with the World Nuclear Association to convene global experts, companies, regulators and policymakers for what could be the Philippines’ biggest nuclear conference.

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PhilStar Business

Philippines net external liability widens to $54.9 billion

The Philippines’ net liability to the rest of the world widened in the first quarter, as the country’s external assets fell faster than its liabilities amid lower reserve assets, foreign exchange operations and weaker global market conditions.

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PhilStar Business

Powering competition, expanding choice

Imagine this: a medium?sized business owner has just completed the construction of a new shop and is ready to open, except for one critical piece: power. Now, instead of filing the usual application with the local distribution utility, the owner enters a very different process.

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PhilStar Business

PSE clears regulatory hurdles to short selling

Regulatory hurdles to short selling will soon be addressed as the Philippine Stock Exchange Inc. readies the amended rules on securities borrowing and lending.

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PhilStar Business

Stocks rebound on bargain hunting

The local stock market bounced back after a sharp drop the previous day as investors engaged in bargain hunting.

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PhilStar Business

Telco leaders unite vs illegal networks

Rival telco leaders have united to ramp up efforts against illegal networks and infrastructure theft in light of news that new players are coming in to challenge their providers.

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PhilStar Business

Smart Prepaid launches new 'Power All' offers to power Gen Z side quests

Recognizing that today’s Gen Z users move fluidly from one side quest to the next, Smart Prepaid has enhanced its Power All promos to empower them to stay connected to the apps that matter most to them.

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PhilStar Business

Price Tracker: Oil, fuel monitor for June 30 – July 6

Prices of oil and fuel products may either increase or decrease starting Tuesday, June 30.

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PhilStar Business

Trump earned over $1 billion from crypto ventures in 2025

US President Donald Trump recorded around $1.2 billion in income from his family's cryptocurrency activities during his first year back in office, according to financial disclosures released on Tuesday.

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PhilStar Business

AboitizPower expands solar presence in Pangasinan

Aboitiz Power Corp., the country’s leading generation firm, has further strengthened its solar portfolio with the energization of a new large-scale facility in Pangasinan.

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PhilStar Business

Banks’ FCDU loans slip to $15.4 billion in end-March

Foreign currency deposit unit loans granted by banks slipped by 0.8 percent to $15.44 billion in end-March from $15.56 billion in end-December, preliminary data from the Bangko Sentral ng Pilipinas showed.

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PhilStar Business

BPI waives interbank transfer fees

Bank of the Philippine Islands is permanently waiving charges on fund transfers made via InstaPay and PESONet starting yesterday, in a bid to widen financial access and accelerate digital adoption.

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