https://www.philstar.com/rss/business Philippine News for the Filipino Global Community (c) 2026, philstar.com. All rights reserved. 15Sat, 06 Jun 2026 16:30:06 +0800 en https://www.philstar.com/business/2026/06/06/2533054/nda-pushes-digitalization-improve-regulatory-operationsAdrian Kenneth Halili The National Dairy Authority (NDA) is seeking P140.5 million to fund its digitalization program, which can streamline its regulatory services and consolidate information from satellite offices. Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533054/nda-pushes-digitalization-improve-regulatory-operations https://www.philstar.com/business/2026/06/06/2533055/dbp-quezon-based-rural-bank-ink-p100-million-loan-dealAubrey Rose Inosante State-run Development Bank of the Philippines (DBP) has approved a P100-million credit assistance to Quezon-based rural lender Bayanihan Bank Inc. to boost financing for small-scale farmers and fisherfolk looking to expand their operations. Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533055/dbp-quezon-based-rural-bank-ink-p100-million-loan-deal https://www.philstar.com/business/2026/06/06/2533056/bir-lifeline-subsidy-gea-all-fees-not-taxableAubrey Rose Inosante The Bureau of Internal Revenue (BIR) has clarified that lifeline subsidy and the green energy auction allowance (GEA-All) are not subject to output value-added tax (VAT) or creditable withholding taxes, citing that these are pass-through fees collected by distribution utilities for state programs rather than revenues. Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533056/bir-lifeline-subsidy-gea-all-fees-not-taxable https://www.philstar.com/business/2026/06/06/2533058/philippines-japan-include-fisheries-food-security-partnershipJosiah Antonio The Philippines and Japan have broadened their agricultural partnership to include fisheries, a move expected to “accelerate technology transfer, strengthen food security, and support the modernization of two sectors critical to millions of livelihoods.” Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533058/philippines-japan-include-fisheries-food-security-partnership https://www.philstar.com/business/2026/06/06/2533059/pldt-pursues-buyout-broadband-unitElijah Felice Rosales Telco giant PLDT Inc. has proceeded with the P2.94-billion buyout of a broadband unit as part of the push to expand national coverage. Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533059/pldt-pursues-buyout-broadband-unit https://www.philstar.com/business/2026/06/06/2533060/camiguins-pristine-waters-dangerMary Ann LL. Reyes Just last January, Camiguin, a volcanic island province known for its sandbars, hot springs and pristine natural landscape, made it to The New York Times’ “52 Places to Go in 2026.” Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533060/camiguins-pristine-waters-danger https://www.philstar.com/business/2026/06/06/2533061/sms-pgpc-bags-leyte-geothermal-contractBrix Lelis Philippine Geothermal Production Co. Inc. (PGPC), a unit of the Sy family’s SM Investments Corp. (SMIC), has secured a government contract to develop a geothermal resource in Leyte. Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533061/sms-pgpc-bags-leyte-geothermal-contract https://www.philstar.com/business/2026/06/06/2533063/mistakes-are-part-processFrancis J. Kong A lawyer defending a man accused of burglary argued in court: “My client merely inserted his arm into the window and removed a few articles. Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533063/mistakes-are-part-process https://www.philstar.com/business/2026/06/06/2533064/abs-cbn-taps-new-partner-widens-global-reachElijah Felice Rosales Media giant ABS-CBN Corp. is reaching new viewers in more than 200 countries and territories by signing a content partnership with over-the-top (OTT) platform Rakuten Viki. Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533064/abs-cbn-taps-new-partner-widens-global-reach https://www.philstar.com/business/2026/06/06/2533065/gotyme-wise-launch-money-transfer-serviceKeisha Ta-Asan GoTyme Bank has launched an in-app international money transfer service that allows customers to send funds to more than 170 countries and territories, as the digital bank seeks to capture rising demand for faster and more transparent cross-border payments. Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533065/gotyme-wise-launch-money-transfer-service https://www.philstar.com/business/2026/06/06/2533066/acen-powers-battery-storage-push-p29-billion-loanBrix Lelis ACEN Corp. has locked in P2.93 billion in financing from Bank of the Philippine Islands (BPI) to ramp up its battery storage expansion in Zambales. Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533066/acen-powers-battery-storage-push-p29-billion-loan https://www.philstar.com/business/2026/06/06/2533067/bpi-visa-launch-app-based-money-transfersKeisha Ta-Asan Bank of the Philippine Islands (BPI) is expanding its digital and physical banking channels as it seeks to make financial services more accessible to Filipinos here and abroad. Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533067/bpi-visa-launch-app-based-money-transfers https://www.philstar.com/business/2026/06/06/2533068/smhcc-taps-hospitality-veteran-lead-smx-seaside-cebuRichmond Mercurio SM Hotels and Conventions Corp. (SMHCC), the hospitality arm of the Sy family’s SM Prime Holdings Inc., has appointed seasoned hospitality professional Janytte Siega as general manager of the upcoming SMX Convention Center Seaside Cebu, which is set to be the country’s largest convention and exhibition venue. Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533068/smhcc-taps-hospitality-veteran-lead-smx-seaside-cebu https://www.philstar.com/business/2026/06/06/2533069/cli-bares-leadership-transitionRichmond Mercurio Cebu Landmasters Inc. (CLI), a real estate developer focused in the Visayas and Mindanao, is embarking on a leadership transition, with senior executive vice president and chief operating officer Jose Franco Soberano set to succeed his father as president and chief executive officer. Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533069/cli-bares-leadership-transition https://www.philstar.com/business/2026/06/06/2533070/factory-output-growth-accelerates-aprilLouella Desiderio The country’s manufacturing output grew at a faster pace in April compared to the previous month as manufacturers frontloaded production activities to beat rising costs due to the Middle East conflict. Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533070/factory-output-growth-accelerates-april https://www.philstar.com/business/2026/06/06/2533071/inflation-cools-68-percent-mayLouella Desiderio Consumer price growth eased in May from the previous month’s pace, driven by the slower uptick in fuel and food costs, according to the Philippine Statistics Authority. Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533071/inflation-cools-68-percent-may https://www.philstar.com/business/2026/06/06/2533073/stocks-bounce-back-may-inflation-easesRichmond Mercurio The local stock market rebounded yesterday as investors welcomed the easing inflation in May. Sat, 6 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/06/2533073/stocks-bounce-back-may-inflation-eases https://www.philstar.com/real-estate/2026/06/05/2533044/new-value-home SMDC highlights a growing lifestyle shift: homebuyers are choosing homes that do more than impress. Fri, 5 Jun 2026 16:22:00 +0800 https://www.philstar.com/real-estate/2026/06/05/2533044/new-value-home https://www.philstar.com/business/2026/06/05/2533026/inflation-slows-68-may-2026-amid-easing-transport-food-costsKristine Daguno-Bersamina Inflation slowed to 6.8% in May from 7.2% in April as transport and food prices eased despite ongoing energy-related pressures linked to the conflict in the Middle East. Fri, 5 Jun 2026 11:13:00 +0800 https://www.philstar.com/business/2026/06/05/2533026/inflation-slows-68-may-2026-amid-easing-transport-food-costs https://www.philstar.com/banking/2026/06/05/2529076/hassle-free-travel-payments-abroad-made-easier-gcash-visa-card Discover why the GCash Visa Card is a reliable way to manage travel funds.  Fri, 5 Jun 2026 09:55:00 +0800 https://www.philstar.com/banking/2026/06/05/2529076/hassle-free-travel-payments-abroad-made-easier-gcash-visa-card