https://www.philstar.com/rss/business Philippine News for the Filipino Global Community (c) 2026, philstar.com. All rights reserved. 15Fri, 07 Aug 2026 07:30:05 +0800 en https://www.philstar.com/business/2026/08/07/2547459/mailbox-octogenarian-benefit-program You July 15, 2026 issue told about Mr. Manuel V. Pangilinan, a senior citizen reaching the age of 80 and had already received P10,000 at “Pinambili na ng birthday cake” as mentioned in your newspaper. Fri, 7 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/07/2547459/mailbox-octogenarian-benefit-program https://www.philstar.com/business/2026/08/07/2547461/upgrade-egovph-app-cost-p27-billionElijah Felice Rosales The government’s eGovPH superapp requires at least P2.7 billion next year for crucial upgrades on cloud and cybersecurity, ensuring the platform can handle the surge of transaction volumes. Fri, 7 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/07/2547461/upgrade-egovph-app-cost-p27-billion https://www.philstar.com/business/2026/08/07/2547462/orchestra-filipino-youth-sets-fundraising-concert Orchestra of the Filipino Youth proudly announces its major fundraising concert, “Music for a Regenerative Future.” Fri, 7 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/07/2547462/orchestra-filipino-youth-sets-fundraising-concert https://www.philstar.com/business/2026/08/07/2547463/chinabank-profit-rises-11-p145-billion-h1Keisha Ta-Asan China Banking Corp. booked an 11-percent increase in net income in the first half as robust lending activity, a wider interest margin and continued balance sheet expansion strengthened its core banking operations. Fri, 7 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/07/2547463/chinabank-profit-rises-11-p145-billion-h1 https://www.philstar.com/business/2026/08/07/2547464/toyota-track-hit-3-million-sales-target-yearLouella Desiderio Leading automotive firm Toyota Motor Philippines Corp. is optimistic that cumulative sales will breach the three-million mark this year amid improving market conditions. Fri, 7 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/07/2547464/toyota-track-hit-3-million-sales-target-year https://www.philstar.com/business/2026/08/07/2547465/hotel101-madrid-gears-higher-occupancy-levelsRichmond Mercurio DoubleDragon Corp. is gearing up for an even higher occupancy level at its first operational international property in the coming months after reaching a new milestone. Fri, 7 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/07/2547465/hotel101-madrid-gears-higher-occupancy-levels https://www.philstar.com/business/2026/08/07/2547466/what-keeps-ceos-awake-night-has-changedRon Jabal It is no longer just inflation, geopolitical uncertainty, cybersecurity threats, supply chain disruptions or the next disruptive technology. Fri, 7 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/07/2547466/what-keeps-ceos-awake-night-has-changed https://www.philstar.com/business/2026/08/07/2547467/q1-gdp-growth-maintained-28Louella Desiderio The country’s economic growth rate was kept at 2.8 percent in the first quarter, but upward revisions were made in some sectors, according to the Philippine Statistics Authority (PSA). Fri, 7 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/07/2547467/q1-gdp-growth-maintained-28 https://www.philstar.com/business/2026/08/07/2547469/strengthening-malaysiaphl-digital-partnershipMarianne V. Go Malaysia and the Philippines continue to enjoy strong and expanding economic relations. Fri, 7 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/07/2547469/strengthening-malaysiaphl-digital-partnership https://www.philstar.com/business/2026/08/07/2547472/banks-e-wallets-be-required-link-national-id-says-bspKeisha Ta-Asan The Bangko Sentral ng Pilipinas  is proposing to require banks, digital lenders and other regulated financial institutions to connect their customer verification systems to the government’s National ID database. Fri, 7 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/07/2547472/banks-e-wallets-be-required-link-national-id-says-bsp https://www.philstar.com/business/2026/08/07/2547475/further-rate-tightening-seen-inflation-stays-elevatedKeisha Ta-Asan Inflation is expected to remain elevated in the coming months despite easing for a third straight month in July, keeping pressure on the Bangko Sentral ng Pilipinas (BSP) to further raise interest rates, economists said. Fri, 7 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/07/2547475/further-rate-tightening-seen-inflation-stays-elevated https://www.philstar.com/business/2026/08/07/2547478/erc-jobBoo Chanco The incompetence of our government in regulating the power industry is a significant cause of our woes. While the current leadership of the Energy Regulatory Commission (ERC) has been trying hard to clean up the inherited mess, sins of the past will hurt us for some time. Fri, 7 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/07/2547478/erc-job https://www.philstar.com/business/2026/08/07/2547480/psei-slips-ahead-q2-growth-dataRichmond Mercurio The Philippine Stock Exchange index finished slightly lower yesterday with investors opting to stay on the sidelines ahead of the release of the country’s second quater economic growth data. The PSEi eased by 0.13 percent, or 8.36 points, to settle at 6,277.95, extending its losing streak to three days in a row. Fri, 7 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/07/2547480/psei-slips-ahead-q2-growth-data https://www.philstar.com/business/2026/08/07/2547482/farm-sector-posts-29-growth-q2Adrian Kenneth Halili  The country’s agricultural output grew by 2.9 percent in the second quarter, driven by broader gains from the crops, livestock, poultry and fisheries sectors, according to the Philippine Statistics Authority. Fri, 7 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/07/2547482/farm-sector-posts-29-growth-q2 https://www.philstar.com/business/2026/08/07/2547483/doing-it-gokong-way-rlc-execs-build-gokongwei-legacyRichmond Mercurio They are no Gokongweis, but they are leading property giant Robinsons Land Corp.  the Gokong-way. Fri, 7 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/07/2547483/doing-it-gokong-way-rlc-execs-build-gokongwei-legacy https://www.philstar.com/business/2026/08/07/2547484/jobless-rate-rises-49-juneLouella Desiderio Unemployment went up in June as more Filipinos entered the workforce, but not enough jobs were available to absorb them, according to data from the Philippine Statistics Authority. In a press conference, National Statistician Dennis Mapa said results of the PSA’s Labor Force Survey showed the unemployment rate rose slightly to 4.9 percent in June from the previous month’s 4.8 percent and 3.7 percent in the same month last year. Fri, 7 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/07/2547484/jobless-rate-rises-49-june https://www.philstar.com/business/2026/08/06/2547405/gas-company-proceeds-wage-hike-despite-court-freezeRenalyn Ramirez Court froze the wage hike. Regasco is paying it anyway Thu, 6 Aug 2026 13:54:00 +0800 https://www.philstar.com/business/2026/08/06/2547405/gas-company-proceeds-wage-hike-despite-court-freeze https://www.philstar.com/business/2026/08/06/2547394/more-filipinos-find-work-jobless-rate-still-climbs-49 The Philippines added more than 1 million employed workers between May and June, but the labor force grew even faster. Thu, 6 Aug 2026 12:01:00 +0800 https://www.philstar.com/business/2026/08/06/2547394/more-filipinos-find-work-jobless-rate-still-climbs-49 https://www.philstar.com/technology/2026/08/06/2543913/what-happens-after-you-contact-olymptrade-support-look-behind-scenes Olymptrade's customer support team shares what happens when a user asks for assistance. Thu, 6 Aug 2026 09:25:00 +0800 https://www.philstar.com/technology/2026/08/06/2543913/what-happens-after-you-contact-olymptrade-support-look-behind-scenes https://www.philstar.com/biz-memos/2026/08/06/2543410/cebu-pacific-vietnam-airlines-sign-wet-lease-deal The agreement covers the deployment of one Airbus A320neo aircraft powered by Pratt & Whitney engines. Thu, 6 Aug 2026 08:30:00 +0800 https://www.philstar.com/biz-memos/2026/08/06/2543410/cebu-pacific-vietnam-airlines-sign-wet-lease-deal