https://www.philstar.com/rss/business Philippine News for the Filipino Global Community (c) 2026, philstar.com. All rights reserved. 15Thu, 08 Oct 2026 18:30:06 +0800 en https://www.philstar.com/stock-commentary/2026/10/08/2561814/meralco-mvp-group-closes-50 SMGP is selling 3.77m MER shares (0.33%) to Manuel V. Pangilinan personally at P580.99/sh, or P2.19 billion. Thu, 8 Oct 2026 16:33:00 +0800 https://www.philstar.com/stock-commentary/2026/10/08/2561814/meralco-mvp-group-closes-50 https://www.philstar.com/stock-commentary/2026/10/08/2561813/condo-absorption-improves-incentives-unlock-demand Metro Manila condo take-up rose 17% QoQ to 8,454 units in 3Q, while unsold inventory declined 3.5% to 80,000 units and months of supply fell to 28 from 34, according to Leechiu Property Consultants (LPC). Promotions and government housing initiatives were key drivers of the improvement. Thu, 8 Oct 2026 16:31:00 +0800 https://www.philstar.com/stock-commentary/2026/10/08/2561813/condo-absorption-improves-incentives-unlock-demand https://www.philstar.com/stock-commentary/2026/10/08/2561812/labor-market-weakness-points-softer-household-demand Unemployment rose to 5.3% in August from 3.9% same period last year but is an improvement from July's 6.0%. Thu, 8 Oct 2026 16:09:00 +0800 https://www.philstar.com/stock-commentary/2026/10/08/2561812/labor-market-weakness-points-softer-household-demand https://www.philstar.com/real-estate/2026/10/08/2561792/inflation-infrastructure-freeze-seen-hamper-property-development Rising living costs, a sharp drop in public works spending, and slowing economic growth continue to drag on property development. Thu, 8 Oct 2026 13:48:00 +0800 https://www.philstar.com/real-estate/2026/10/08/2561792/inflation-infrastructure-freeze-seen-hamper-property-development https://www.philstar.com/telecoms/2026/10/08/2561079/globe-network-posts-strongest-2026-performance-august-dict-report-shows The results build on Globe’s continued network investments and ongoing collaboration with the government. Thu, 8 Oct 2026 10:00:00 +0800 https://www.philstar.com/telecoms/2026/10/08/2561079/globe-network-posts-strongest-2026-performance-august-dict-report-shows https://www.philstar.com/business/2026/10/08/2561577/acen-boosts-war-chest-p35-billion-ing-loanBrix Lelis ACEN Corp. of the Zobel family has secured additional financing of €50 million (about P3.5 billion) from Dutch banking giant ING Bank N.V. to bolster its renewable energy expansion. Thu, 8 Oct 2026 00:00:00 +0800 https://www.philstar.com/business/2026/10/08/2561577/acen-boosts-war-chest-p35-billion-ing-loan https://www.philstar.com/business/2026/10/08/2561578/bpi-wealth-assets-breach-p2-trillion-eyes-18-growthKeisha Ta-Asan The asset management arm of Ayala-led Bank of the Philippine Islands (BPI) expects its assets under management to grow by as much as 18 percent this year as Filipino investors increasingly turn to fixed-income securities and global investment funds to navigate elevated inflation, a weaker peso and volatile financial markets. Thu, 8 Oct 2026 00:00:00 +0800 https://www.philstar.com/business/2026/10/08/2561578/bpi-wealth-assets-breach-p2-trillion-eyes-18-growth https://www.philstar.com/business/2026/10/08/2561579/puregold-barangayan-rolls-out-16-locations-nationwide Leading supermarket, Puregold Price Club Inc. is bringing its 28th anniversary celebration to communities across the country through Puregold Barangay Panalo, a nationwide program supported by the supermarket chain’s brand partners. Thu, 8 Oct 2026 00:00:00 +0800 https://www.philstar.com/business/2026/10/08/2561579/puregold-barangayan-rolls-out-16-locations-nationwide https://www.philstar.com/business/2026/10/08/2561580/condo-demand-picks-q3Richmond Mercurio Residential condominium take-up in Metro Manila posted robust growth during the third quarter, but real estate brokerage firm Leechiu Property Consultants Inc. (LPC) cautioned that the recent improvement should not yet be interpreted as a return to sustained growth. Thu, 8 Oct 2026 00:00:00 +0800 https://www.philstar.com/business/2026/10/08/2561580/condo-demand-picks-q3 https://www.philstar.com/business/2026/10/08/2561581/west-cebu-estate-expands-aboitiz-foods-feedmill Aboitiz Economic Estates is strengthening West Cebu Estate’s position as an integrated industrial hub with the entry of Pilmico, an Aboitiz Foods company, as its newest locator. Thu, 8 Oct 2026 00:00:00 +0800 https://www.philstar.com/business/2026/10/08/2561581/west-cebu-estate-expands-aboitiz-foods-feedmill https://www.philstar.com/business/2026/10/08/2561583/ppa-allots-p135-billion-ilocos-norte-cruise-port-upgradeElijah Felice Rosales One of the country’s dedicated ports for cruise arrivals in Luzon is getting a P1.35-billion budget for the construction of breakwater to reduce coastal risks and support marine navigation. Thu, 8 Oct 2026 00:00:00 +0800 https://www.philstar.com/business/2026/10/08/2561583/ppa-allots-p135-billion-ilocos-norte-cruise-port-upgrade https://www.philstar.com/business/2026/10/08/2561584/philippines-plans-mandate-1-saf-mix-2030Brix Lelis The Philippines is exploring a one-percent sustainable aviation fuel blending mandate for the aviation sector by 2030, according to a senior energy official. Thu, 8 Oct 2026 00:00:00 +0800 https://www.philstar.com/business/2026/10/08/2561584/philippines-plans-mandate-1-saf-mix-2030 https://www.philstar.com/business/2026/10/08/2561585/factory-output-growth-accelerates-augustLouella Desiderio The country’s manufacturing output expanded at a faster pace in August from the previous month, driven by electronic products and transport equipment, the Philippine Statistics Authority  said. Thu, 8 Oct 2026 00:00:00 +0800 https://www.philstar.com/business/2026/10/08/2561585/factory-output-growth-accelerates-august https://www.philstar.com/business/2026/10/08/2561586/fixing-water-flow-restoring-hopeJoe Zaldarriaga Water is not just a resource — it is life itself. It fuels our bodies, kitchens, classrooms, hospitals and businesses. When it stops flowing, everything else stops with it. Thu, 8 Oct 2026 00:00:00 +0800 https://www.philstar.com/business/2026/10/08/2561586/fixing-water-flow-restoring-hope https://www.philstar.com/business/2026/10/08/2561588/villar-group-trims-allday-allhome-storesRichmond Mercurio The Villar Group has trimmed its AllHome and AllDay branches as part of its store network optimization program. Thu, 8 Oct 2026 00:00:00 +0800 https://www.philstar.com/business/2026/10/08/2561588/villar-group-trims-allday-allhome-stores https://www.philstar.com/business/2026/10/08/2561589/smpc-semirara-coal-auction-rules-unfair Semirara Mining and Power Corp.  has pushed back against what it calls “unfair” rules governing the auction of the country’s largest coal mine, with the bidding process now facing another delay. Thu, 8 Oct 2026 00:00:00 +0800 https://www.philstar.com/business/2026/10/08/2561589/smpc-semirara-coal-auction-rules-unfair https://www.philstar.com/business/2026/10/08/2561590/mvp-hikes-meralco-stake-p22-billion-smc-dealBrix Lelis Tycoon Manuel V. Pangilinan has struck another deal with Ang-led San Miguel Corp.’s power arm to further tighten his hold on Manila Electric Co.. Thu, 8 Oct 2026 00:00:00 +0800 https://www.philstar.com/business/2026/10/08/2561590/mvp-hikes-meralco-stake-p22-billion-smc-deal https://www.philstar.com/business/2026/10/08/2561591/psei-bounces-back-bargain-huntingRichmond Mercurio The local stock market bounced back as investors picked up bargain stocks following the previous day’s drop.The benchmark Philippine Stock Exchange index  rose by 1.05 percent or 59.57 points to end yesterday’s session at 5,736.69. Thu, 8 Oct 2026 00:00:00 +0800 https://www.philstar.com/business/2026/10/08/2561591/psei-bounces-back-bargain-hunting https://www.philstar.com/business/2026/10/08/2561602/september-inflation-surge-fuels-rate-hike-betsKeisha Ta-Asan Economists are increasingly expecting the Bangko Sentral ng Pilipinas to hike interest rates again this month after inflation surged to 7.2 percent in September, as broadening price pressures and risks from oil, transport fares and El Niño threaten to keep inflation elevated. Thu, 8 Oct 2026 00:00:00 +0800 https://www.philstar.com/business/2026/10/08/2561602/september-inflation-surge-fuels-rate-hike-bets https://www.philstar.com/business/2026/10/08/2561612/gcash-has-ipo-problem-and-its-good-oneRichmond Mercurio Mynt Inc. president and CEO Martha Sazon shares the overwhelming excitement of many investors and the public on what is set to be the biggest initial public offering (IPO) in the country. Thu, 8 Oct 2026 00:00:00 +0800 https://www.philstar.com/business/2026/10/08/2561612/gcash-has-ipo-problem-and-its-good-one