https://www.philstar.com/rss/business Philippine News for the Filipino Global Community (c) 2026, philstar.com. All rights reserved. 15Tue, 28 Apr 2026 01:30:06 +0800 en https://www.philstar.com/business/2026/04/28/2523983/unionbank-earnings-soar-p38-billionKeisha Ta-Asan UnionBank of the Philippines booked a net income of P3.8 billion in the first quarter as stronger lending activity, wider margins and lower credit costs helped offset trading losses tied to market volatility from the US-Iran conflict. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2523983/unionbank-earnings-soar-p38-billion https://www.philstar.com/business/2026/04/28/2523985/strong-revenues-boost-belle-q1-profitRichmond Mercurio Strong revenues lifted the profit of Belle Corp. by 13 percent to P524 million during the first quarter. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2523985/strong-revenues-boost-belle-q1-profit https://www.philstar.com/business/2026/04/28/2523986/ban-or-not-coal-power-projects-remain-hard-scaleBrix Lelis New coal-fired power plants in the Philippines would remain challenging to build even if the government lifts the existing moratorium, according to the Ayala Group’s ACEN Corp. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2523986/ban-or-not-coal-power-projects-remain-hard-scale https://www.philstar.com/business/2026/04/28/2523987/adb-oks-1-million-feasibility-study-fertilizer-facilityAdrian Kenneth Halili The Asian Development Bank has approved a $1-million feasibility study for a potential coal-to-urea facility in Semirara Island, the Department of Agriculture said yesterday. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2523987/adb-oks-1-million-feasibility-study-fertilizer-facility https://www.philstar.com/business/2026/04/28/2523988/da-seeks-1-billion-funding-bamboo-livestock-developmentAdrian Kenneth Halili The government is looking to tap up to $1 billion in funding for the development of the country’s bamboo and livestock sectors, the Department of Agriculture said. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2523988/da-seeks-1-billion-funding-bamboo-livestock-development https://www.philstar.com/business/2026/04/28/2523989/more-lopez-family-members-take-stand-vs-pikiRichmond Mercurio More Lopez family members have spoken about the ongoing issues surrounding the clan, with each of the three branches of the majority confirming giving their green light on ousting their cousin, tycoon Federico “Piki” Lopez, as president of Lopez Inc. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2523989/more-lopez-family-members-take-stand-vs-piki https://www.philstar.com/business/2026/04/28/2523990/no-prices-hikes-starkaffea-coffee-chocolate Starkaffea Corp. assured consumers that it would not be increasing prices on its product lines until middle of this year. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2523990/no-prices-hikes-starkaffea-coffee-chocolate https://www.philstar.com/business/2026/04/28/2523991/pnb-posts-higher-income-q1Keisha Ta-Asan Philippine National Bank booked a higher net income of P6.37 billion in the first quarter, up by five percent from a year ago, as stronger lending activity and higher core revenues offset a still uncertain interest-rate environment. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2523991/pnb-posts-higher-income-q1 https://www.philstar.com/business/2026/04/28/2523992/megaworld-makes-splash-ilocos-township-beach-clubRichmond Mercurio Property giant Megaworld Corp. is putting up a first-of-its-kind beach club in its 84-hectare Ilocandia Coastown in Ilocos Norte, the company’s first township in northern Luzon. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2523992/megaworld-makes-splash-ilocos-township-beach-club https://www.philstar.com/business/2026/04/28/2523994/what-vietnams-ai-law-teaches-usLito Villanueva In the evolution of modern technology, we often debate whether innovation should lead before regulation or vice versa. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2523994/what-vietnams-ai-law-teaches-us https://www.philstar.com/business/2026/04/28/2523996/nestl-unveils-new-biomass-facility-cabuyao-plantLouella Desiderio Nestlé Philippines has launched a biomass boiler facility at its manufacturing facility in Cabuyao, Laguna in line with its push for sustainability initiatives. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2523996/nestl-unveils-new-biomass-facility-cabuyao-plant https://www.philstar.com/business/2026/04/28/2523997/philweb-returns-profit-q1Richmond Mercurio Listed gaming service provider PhilWeb Corp. saw a return to profitability in the first quarter, as efforts to diversify revenue streams and strengthen core operations have started bearing fruit. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2523997/philweb-returns-profit-q1 https://www.philstar.com/business/2026/04/28/2523998/ac-health-fit-another-record-runRichmond Mercurio AC Health, the Ayala Group’s health care arm, is in tip-top shape for another record run this year following a banner 2025. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2523998/ac-health-fit-another-record-run https://www.philstar.com/business/2026/04/28/2523999/when-waiting-causes-misery-and-deathRey Elbo The death of a delivery rider while waiting for a government cash aid under the scorching sun is not a story of bad luck. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2523999/when-waiting-causes-misery-and-death https://www.philstar.com/business/2026/04/28/2524000/fresh-chilled-beef-brazil-now-allowed-export-philippinesAdrian Kenneth Halili Brazil, one of the Philippines’ largest meat exporters, is now allowed to ship fresh and chilled beef to the country, according to the Department of Agriculture. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2524000/fresh-chilled-beef-brazil-now-allowed-export-philippines https://www.philstar.com/business/2026/04/28/2524001/stocks-slip-further-rising-inflationary-pressuresRichmond Mercurio The local stock market kicked off the week on a sour note, extending its losing streak to four sessions as concerns over rising inflationary pressures kept investors on the sidelines. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2524001/stocks-slip-further-rising-inflationary-pressures https://www.philstar.com/business/2026/04/28/2524002/philippines-exporters-urged-work-us-partnersLouella Desiderio Philippine exporters are urged to work with their partners in the United States to recover duties illegally collected on exports following the activation of a tariff refund system. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2524002/philippines-exporters-urged-work-us-partners https://www.philstar.com/business/2026/04/28/2524003/meralco-seniors-4ps-re-development-benefit-power-chargesBrix Lelis Electricity charges collected from consumers to subsidize low-income households and other vulnerable sectors are mandated by the government, Manila Electric Co. clarified. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2524003/meralco-seniors-4ps-re-development-benefit-power-charges https://www.philstar.com/business/2026/04/28/2524004/bir-tax-non-compliance-rising-among-online-sellersAubrey Rose Inosante The Bureau of Internal Revenue and the Presidential Anti-Organized Crime Commission are exploring advanced technology such as data and blockchain analytics to tighten tax compliance among online sellers. Tue, 28 Apr 2026 00:00:00 +0800 https://www.philstar.com/business/2026/04/28/2524004/bir-tax-non-compliance-rising-among-online-sellers https://www.philstar.com/biz-memos/2026/04/27/2523947/palawan-group-strengthens-nationwide-payments-network-through-bdo-partnership The collaboration leverages Palawan Group’s extensive physical network alongside its digital wallet, PalawanPay. Mon, 27 Apr 2026 16:00:00 +0800 https://www.philstar.com/biz-memos/2026/04/27/2523947/palawan-group-strengthens-nationwide-payments-network-through-bdo-partnership