https://www.philstar.com/rss/business Philippine News for the Filipino Global Community (c) 2026, philstar.com. All rights reserved. 15Thu, 10 Sep 2026 21:30:05 +0800 en https://www.philstar.com/biz-memos/2026/09/10/2555331/midea-champions-innovation-and-industry-excellence-earns-multiple-quill-awards This commitment was recently recognized at the recent 22nd Philippine Quill Awards, where Midea received three awards for its milestone dealer and installer technician engagement initiatives, namely “Together Future Ready: 2025 AC Specialist Convention” and “Midea Club.”  Thu, 10 Sep 2026 14:29:00 +0800 https://www.philstar.com/biz-memos/2026/09/10/2555331/midea-champions-innovation-and-industry-excellence-earns-multiple-quill-awards https://www.philstar.com/business-as-usual/2026/09/10/2555113/saan-aabot-ang-pag-ibig-mo-smdc-pag-ibig-fund-mou-brings-homeownership-closer-filipinos The SMDC × Pag-IBIG Fund MOU brings together selected Pag-IBIG-accredited SMDC projects, buyer education, and planned homebuyer programs for Filipino workers here and abroad. Thu, 10 Sep 2026 11:05:00 +0800 https://www.philstar.com/business-as-usual/2026/09/10/2555113/saan-aabot-ang-pag-ibig-mo-smdc-pag-ibig-fund-mou-brings-homeownership-closer-filipinos https://www.philstar.com/headlines/2026/09/10/2553319/negative-na-small-manila-businesses-cut-staff-take-loans-over-steep-garbage-feesIan Laqui One to two trash bags a day, P60,000 garbage bill: Manila businesses are crying foul over new garbage fees. Thu, 10 Sep 2026 07:00:00 +0800 https://www.philstar.com/headlines/2026/09/10/2553319/negative-na-small-manila-businesses-cut-staff-take-loans-over-steep-garbage-fees https://www.philstar.com/business/2026/09/10/2555148/bir-allows-vat-refunds-exportersAubrey Rose Inosante Qualified export-oriented enterprises may claim refunds for value-added tax  paid on eligible local purchases and imports while waiting for their zero-rating certification from the Department of Trade and Industry, the Bureau of Internal Revenue said. Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555148/bir-allows-vat-refunds-exporters https://www.philstar.com/business/2026/09/10/2555149/philippines-generates-290-million-sales-hong-kong-fruit-expoAdrian Kenneth Halili The Philippines generated $290.71 million in export sales from its participation in the 2026 Asia Fruit Logistica event in Hong Kong, according to the Department of Agriculture (DA). Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555149/philippines-generates-290-million-sales-hong-kong-fruit-expo https://www.philstar.com/business/2026/09/10/2555150/thai-firm-invests-sunasias-1-billion-laguna-lake-solar-farmBrix Lelis SunAsia Energy Inc. is teaming up with Thailand-listed Gunkul Engineering Public Co. Ltd. to build a $1-billion floating solar project on Laguna Lake, touted as the largest of its kind in the region. Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555150/thai-firm-invests-sunasias-1-billion-laguna-lake-solar-farm https://www.philstar.com/business/2026/09/10/2555151/philippines-internet-slowest-among-se-asian-cities-se-asia-ooklaElijah Felice Rosales The Philippines may be trying to attract digital nomads to move here as their workplace, but the country’s urban districts provide the slowest internet speeds among Southeast Asian cities. Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555151/philippines-internet-slowest-among-se-asian-cities-se-asia-ookla https://www.philstar.com/business/2026/09/10/2555152/onus-securing-ecars-transferring-unlisted-sharesErika Louise Laforteza Transferring shares not listed and traded on a stock exchange involves several steps and sellers  often must consider documents apart from the deed of sale or transfer. Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555152/onus-securing-ecars-transferring-unlisted-shares https://www.philstar.com/business/2026/09/10/2555153/sm-group-recognized-stakeholder-communicationsRichmond Mercurio The Sy family’s SM Group has been recognized for communications programs spanning community engagement, customer service, financial education, investor relations and digital communications. Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555153/sm-group-recognized-stakeholder-communications https://www.philstar.com/business/2026/09/10/2555154/over-100k-unenergized-homes-targeted-microgrid-auctionBrix Lelis Some 101,468 households in far-flung areas could finally gain access to reliable electricity through the Department of Energy (DOE)’s upcoming microgrid auction. Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555154/over-100k-unenergized-homes-targeted-microgrid-auction https://www.philstar.com/business/2026/09/10/2555155/philippines-lags-investment-destination-among-expanding-eu-firmsLouella Desiderio Nearly 80 percent of European businesses plan to continue investing in the Association of Southeast Asian Nations (ASEAN), but the Philippines ranked last among the top markets considered for investment in the region. Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555155/philippines-lags-investment-destination-among-expanding-eu-firms https://www.philstar.com/business/2026/09/10/2555156/byd-overtakes-entire-2025-sales-8-monthsLouella Desiderio Sales of BYD Cars Philippines surged by 99 percent from January to August, surpassing its full-year sales last year, amid sustained demand for new energy vehicles. Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555156/byd-overtakes-entire-2025-sales-8-months https://www.philstar.com/business/2026/09/10/2555157/philippines-industrialization-and-hype-vs-reality-pax-silicaBienvenido Oplas Jr. Last week, Sept. 2, the Philippine Semiconductor and Electronics Industry Roadmap (PSEIR) was launched and the Semiconductor and Electronics Industry Advisory Council (SEIAC) was created, headed by Executive Secretary Ralph Recto. Other members of the council are the secretaries of DOF, DEPDev, DTI, DepEd, CHED, TESDA, etc. Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555157/philippines-industrialization-and-hype-vs-reality-pax-silica https://www.philstar.com/business/2026/09/10/2555158/naia-landing-new-direct-flights-china-israelElijah Felice Rosales A wider international coverage is coming into the country’s main gateway through early-2027, as Chinese and Israeli carriers are arriving to mount direct flights to unserved markets. Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555158/naia-landing-new-direct-flights-china-israel https://www.philstar.com/business/2026/09/10/2555159/philippines-bear-brunt-el-nio-next-yearAdrian Kenneth Halili The incoming El Niño could deal a sharper blow to the country’s rice supply and production once the weather disturbance fully sets in next year, the Department of Agriculture said. Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555159/philippines-bear-brunt-el-nio-next-year https://www.philstar.com/business/2026/09/10/2555160/pag-ibig-smdc-team-home-financing-programAubrey Rose Inosante Pag-IBIG Fund has partnered with property developer SM Development Corp. (SMDC) to widen housing options available through the government’s Expanded Pambansang Pabahay para sa Pilipino Program. Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555160/pag-ibig-smdc-team-home-financing-program https://www.philstar.com/business/2026/09/10/2555161/real-cost-weak-pesoJoe Zaldarriaga In the recent days I have been keeping tab of movements in prices of goods and services, a quiet sense of worry has been building within me as an aging senior citizen because I realize that many of the things we rely on every day now cost significantly more than they once did. F Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555161/real-cost-weak-peso https://www.philstar.com/business/2026/09/10/2555164/stocks-rise-anew-sustained-bargain-huntingRichmond Mercurio   The local stock market rose for the second straight day as investors continued to hunt for bargain stocks. Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555164/stocks-rise-anew-sustained-bargain-hunting https://www.philstar.com/business/2026/09/10/2555168/banks-bad-loan-ratio-rises-335-julyKeisha Ta-Asan The share of bad loans held by Philippine banks edged higher in July as some households and businesses continue to feel the strain of high borrowing costs and elevated inflation. Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555168/banks-bad-loan-ratio-rises-335-july https://www.philstar.com/business/2026/09/10/2555170/remolona-named-among-worlds-best-central-bankersKeisha Ta-Asan Bangko Sentral ng Pilipinas  Governor Eli Remolona Jr. received an A- grade from Global Finance for the third consecutive year, keeping him among the magazine’s highest-rated central bank chiefs worldwide. Thu, 10 Sep 2026 00:00:00 +0800 https://www.philstar.com/business/2026/09/10/2555170/remolona-named-among-worlds-best-central-bankers