https://www.philstar.com/rss/business Philippine News for the Filipino Global Community (c) 2026, philstar.com. All rights reserved. 15Sun, 16 Aug 2026 12:30:15 +0800 en https://www.philstar.com/business/2026/08/16/2549504/philippines-tax-revenue-goal-ambitious-says-bmiAubrey Rose Inosante The Philippine government’s tax revenue target appears “ambitious,” with value-added tax collections estimated to rise by 12.8 percent to P860 billion next year even without introducing major tax reforms, according to research and analysis firm BMI. Sun, 16 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/16/2549504/philippines-tax-revenue-goal-ambitious-says-bmi https://www.philstar.com/business/2026/08/16/2549505/pinoy-workers-want-more-despite-salary-satisfaction-surveyJasper Emmanuel Arcalas Most Filipinos said they were fairly paid, but only six in 10 workers said they were satisfied with their current pay, according to a survey conducted by Jobstreet by SEEK. Sun, 16 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/16/2549505/pinoy-workers-want-more-despite-salary-satisfaction-survey https://www.philstar.com/business/2026/08/16/2549493/visa-umsi-roll-out-phone-based-card-payments-smesKeisha Ta-Asan Visa has partnered with USSC Money Services Inc. to roll out a new payment solution that allows small businesses to accept contactless card payments directly through smartphones without buying or renting traditional point-of-sale terminals. Sun, 16 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/16/2549493/visa-umsi-roll-out-phone-based-card-payments-smes https://www.philstar.com/business/2026/08/16/2549494/more-manila-istanbul-flights-wayElijah Felice Rosales Filipinos can expect more flight options to Turkey following the signing of a new deal between Manila and Istanbul for additional air seats. Sun, 16 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/16/2549494/more-manila-istanbul-flights-way https://www.philstar.com/business/2026/08/16/2549495/coinsph-teams-bayadKeisha Ta-Asan Digital asset platform Coins.ph is expanding its payments business through a partnership with Bayad that will nearly double the number of billers available on its app and reduce reliance on third-party payment aggregators. Sun, 16 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/16/2549495/coinsph-teams-bayad https://www.philstar.com/business/2026/08/16/2549496/borderless-bankingLito Villanueva Picture a nurse finishing a night shift in a Los Angeles hospital, checking her phone in the parking lot before she drives home, or an engineer in Silicon Valley, stepping out of a meeting to send money before the exchange rate shifts again. Sun, 16 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/16/2549496/borderless-banking https://www.philstar.com/business/2026/08/16/2549497/move-fog-clearsFrancis J. Kong Many adults are not hindered by a lack of talent, but rather by a discomfort with uncertainty. Sun, 16 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/16/2549497/move-fog-clears https://www.philstar.com/business/2026/08/16/2549498/how-turn-waste-power-sourcesEJ Macababbad Rockefeller Farm has dedicated a portion of its seven-hectare land for a dome-like structure. Sun, 16 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/16/2549498/how-turn-waste-power-sources https://www.philstar.com/business/2026/08/16/2549499/smc-expands-urban-farms-beyond-luzonJasper Emmanuel Arcalas Diversified conglomerate San Miguel Corp. is expanding its urban farm initiative beyond Luzon as it recently established its first backyard farm site in the Visayas to support local food security. Sun, 16 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/16/2549499/smc-expands-urban-farms-beyond-luzon https://www.philstar.com/business/2026/08/16/2549500/food-exporters-dig-deep-capitalize-ube-rushAdrian Kenneth Halili As the Philippines rushes to capitalize on the surging global appetite for its iconic purple root crop, food processors are pushing to secure high-quality ube (purple yam) materials for processing and export. Sun, 16 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/16/2549500/food-exporters-dig-deep-capitalize-ube-rush https://www.philstar.com/business/2026/08/16/2549501/government-mulls-higher-profit-share-semirara-coal-dealBrix Lelis The Marcos administration is weighing a larger share of proceeds from the new contract covering the Semirara coal mine in Antique, as the auction process faces further delays. Sun, 16 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/16/2549501/government-mulls-higher-profit-share-semirara-coal-deal https://www.philstar.com/business/2026/08/16/2549502/bir-clarifies-rules-early-pera-withdrawalsAubrey Rose Inosante The Bureau of Internal Revenue has clarified the rules on early withdrawals from Personal Equity and Retirement Accounts, noting that the 20 percent penalty will apply only to income attributable to the portion actually withdrawn. Sun, 16 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/16/2549502/bir-clarifies-rules-early-pera-withdrawals https://www.philstar.com/business/2026/08/16/2549503/lack-long-term-goals-hinders-philippines-growthEJ Macababbad The country’s economic growth could have accelerated further had the government consistently funded big-ticket infrastructure projects across different administrations, an economist said. Sun, 16 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/16/2549503/lack-long-term-goals-hinders-philippines-growth https://www.philstar.com/business/2026/08/15/2549273/dbp-rolls-out-deposit-campaign-widen-funding-baseAubrey Rose Inosante State-run Development Bank of the Philippines (DBP) is seeking to attract more deposits to expand its funding base to various support lending activities. Sat, 15 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/15/2549273/dbp-rolls-out-deposit-campaign-widen-funding-base https://www.philstar.com/business/2026/08/15/2549274/erc-steps-push-clear-regulatory-backlogsBrix Lelis In just a year, the Energy Regulatory Commission (ERC) made a major dent in its long-standing backlog, clearing nearly 400 electricity supply deals and power infrastructure projects. Sat, 15 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/15/2549274/erc-steps-push-clear-regulatory-backlogs https://www.philstar.com/business/2026/08/15/2549275/security-bank-income-rises-4-percent-p6-billionKeisha Ta-Asan Security Bank Corp. booked a four-percent increase in net income to P6.08 billion in the first half from P5.86 billion a year ago, as stronger net interest earnings and improved operating efficiency offset higher credit provisions and losses from foreign exchange and trading activities. Sat, 15 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/15/2549275/security-bank-income-rises-4-percent-p6-billion https://www.philstar.com/business/2026/08/15/2549277/da-lifts-ban-imported-canned-porkAdrian Kenneth Halili The Department of Agriculture (DA) has lifted the temporary ban on imported canned pork products, a mandate the Philippines has imposed since 2019. Sat, 15 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/15/2549277/da-lifts-ban-imported-canned-pork https://www.philstar.com/business/2026/08/15/2549278/knee-jerk-reactionMary Ann LL. Reyes During his State of the Nation Address last month, President Marcos called on Congress to amend the Electric Power Industry Reform Act (EPIRA) to remove system loss charges from consumer electricity bills. Sat, 15 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/15/2549278/knee-jerk-reaction https://www.philstar.com/business/2026/08/15/2549279/cutting-people-aiFrancis J. Kong I came across an industry article saying that the hottest new job title in corporate America isn’t “AI specialist.” It’s “Please come back; We made a terrible mistake.”” Sat, 15 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/15/2549279/cutting-people-ai https://www.philstar.com/business/2026/08/15/2549280/dairy-industry-posts-gains-six-monthsAdrian Kenneth Halili The country’s dairy industry saw sustained gains in the first half, driven by rising production, herd expansion and higher farmgate prices, according to the National Dairy Authority (NDA). Sat, 15 Aug 2026 00:00:00 +0800 https://www.philstar.com/business/2026/08/15/2549280/dairy-industry-posts-gains-six-months