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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

2.5 million Filipinos unemployed in May as jobless rate climbs to 4.8%

Nearly 5 in every 100 Filipinos were reported jobless in May.

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PhilStar Business

Asia-Pacific carriers face operating challenges

Asia-Pacific carriers continue to face pressure from elevated jet fuel prices, even though the average price of jet fuel fell to $119.13 per barrel in the week ended July 3, according to data monitored by the International Air Transport Association.

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PhilStar Business

Banks, e-wallets told to explain high transfer fees

The Bangko Sentral ng Pilipinas has summoned several banks and e-wallet operators this week to explain why their electronic fund transfer fees remain high or unchanged, even as more lenders move to waive InstaPay and PESONet charges.

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PhilStar Business

Easing inflation boosts stock market

The local stock market extended its winning streak as easing inflation in June boosted sentiment.

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PhilStar Business

Factory output growth eases in May

Growth in Philippine factory output eased in May from the previous month, driven mainly by the lower production of transport equipment and chemicals.

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PhilStar Business

FLI hands over Bicutan property to DOTr

Filinvest Land Inc., the property developer owned by the Gotianun family, is paving the way for the development of a vital segment of the North-South Commuter Railway project.

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PhilStar Business

Inflation cools to 6.4% in June

Inflation eased for the second straight month in June, driven by slower increases in transport and food costs, but the Bangko Sentral ng Pilipinas remains on guard.

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PhilStar Business

Just a statistical milestone

Ordinary mortals like most of us find it difficult to understand some economic metrics.

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PhilStar Business

PAL readies holiday plan, adds more Japan, Australia flights

Flag carrier Philippine Airlines is adding more flights to Japan and Australia, gearing up for higher demand for air travel during the Christmas season.

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PhilStar Business

‘Philippines borrowing strategy, grants access intact after income upgrade’

The Department of Finance assured the public that the country’s borrowing strategy and access to grants will remain unchanged in the near term, following its recent upgrade to upper?middle income status.

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PhilStar Business

‘Philippines internet quality barely ready for AI workloads’

The Philippines may be dreaming of becoming a digital powerhouse in Asia-Pacific, but the quality of its 5G network struggles to meet artificial intelligence workloads.

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PhilStar Business

RRHI moves closer to PSE exit after P11 billion tender offer

The Gokongwei family’s JE Holdings Inc. has wrapped up a successful P11.1-billion tender offer of shares of Robinsons Retail Holdings Inc., a significant step for the company’s planned voluntary delisting from the Philippine Stock Exchange this month.

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PhilStar Business

Apexford inks registration deal with PEZA

Apexford International Corp., the latest addition to the country’s logistics services industry, officially entered into a Registration Agreement with the Philippine Economic Zone Authority (PEZA).

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PhilStar Business

Inflation slows to 6.4% in June 2026

The country's overall inflation eased to 6.4% in June 2026 from 6.8% in May, according to the latest report from the Philippine Statistics Authority.

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PhilStar Business

List of banks, e-wallets that cut, waived InstaPay, PESONet transfer fees

Digital transfer fees are falling as banks and e-wallets adjust to new BSP pricing rules.

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PhilStar Business

Price Tracker: Oil, fuel monitor for July 7–13, 2026

Here's the estimated new pump prices for July 7 to 13.

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PhilStar Business

A leadership lesson behind the fish and the crocodile

There’s an African proverb that says: “If the fish comes out of the water to tell you the crocodile is sick, believe it.”

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PhilStar Business

Accountability by design: How digital tools can close the procurement gap

The Philippines does not lack procurement laws.

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PhilStar Business

ACEN sells 49% stake in India wind venture

ACEN Corp. is pursuing another strategic stake sale in India, this time by selling up to a 49-percent interest in a wind power project to a Dutch investor.

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PhilStar Business

DA approves P2 billion farm-to-market roads

The Department of Agriculture has approved the implementation of P2.06 billion worth of farm-to-market roads, funded under the World Bank’s Philippine Rural Development Program Scale-Up.

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PhilStar Business

DA to strengthen disease mitigation for bananas

The Department of Agriculture is looking to strengthen its efforts to curb diseases facing the local banana industry, as the agency seeks to plug the country’s P10-billion farm trade deficit.

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PhilStar Business

‘Economy can handle another rate increase’

The Philippine economy can still absorb another interest rate increase if needed, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said, as inflation remains elevated while growth is expected to recover in the second half.

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PhilStar Business

GDP needs to grow 3.7% in next 3 quarters to hit target this year – DEPDev

The Philippines will need to post at least 3.7 percent growth in the next three quarters to achieve the revised growth target for the year, according to the Department of Economy, Planning and Development.

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PhilStar Business

Healthway opens biggest multi-specialty clinic

AC Health’s Healthway Medical Network has opened its flagship multi-specialty center in Makati, with two more clinics in its pipeline this year.

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