https://www.philstar.com/rss/business Philippine News for the Filipino Global Community (c) 2026, philstar.com. All rights reserved. 15Wed, 24 Jun 2026 17:30:05 +0800 en https://www.philstar.com/technology/2026/06/24/2536329/rise-human-centered-ai-chatbot-learned-speak-filipino Sky is a chatbot designed to serve as the first line of customer support, responding to concerns within one minute, 24/7. Wed, 24 Jun 2026 08:00:00 +0800 https://www.philstar.com/technology/2026/06/24/2536329/rise-human-centered-ai-chatbot-learned-speak-filipino https://www.philstar.com/business/2026/06/24/2537278/bir-boc-revenue-targets-retainedAubrey Rose Inosante The government has maintained collection targets for its two biggest revenue agencies despite a national energy emergency, the Department of Finance (DOF) said. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537278/bir-boc-revenue-targets-retained https://www.philstar.com/business/2026/06/24/2537279/forest-lake-honors-sales-force-following-record-2025-growth Forest Lake Development Inc., one of the country’s leading memorial park developers, gathered more than 550 guests at Okada Manila on April 21 for its 12th National Sales Convention, a celebration that honored its people, partnerships and shared values behind the company’s continued nationwide growth and record-breaking achievements in 2025. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537279/forest-lake-honors-sales-force-following-record-2025-growth https://www.philstar.com/business/2026/06/24/2537280/grid-areas-eyed-full-hybridizationBrix Lelis The government is racing to bring renewable energy (RE) to the country’s most remote communities, targeting full hybridization by 2030 to reduce their costly reliance on diesel power. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537280/grid-areas-eyed-full-hybridization https://www.philstar.com/business/2026/06/24/2537281/century-properties-raising-p3-billion-support-expansionRichmond Mercurio Century Properties Group Inc. (CPG) of the Antonio family is raising fresh capital through a fixed-rate notes issuance to support its expansion. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537281/century-properties-raising-p3-billion-support-expansion https://www.philstar.com/business/2026/06/24/2537282/industry-groups-push-joint-review-nutrition-profiling-modelLouella Desiderio The Philippine Chamber of Food Manufacturers Inc. (PCFMI) and other industry groups are pushing for their inclusion in the further review of the Philippine Nutrient Profile Model (PNPM) to ensure that it reflects current dietary patterns and realities. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537282/industry-groups-push-joint-review-nutrition-profiling-model https://www.philstar.com/business/2026/06/24/2537283/government-eyes-first-nuclear-auction-mid-2027Brix Lelis The government is targeting June 2027 for the country’s first nuclear tender, with the winning bidder expected to secure a ready market for the project and potential access to state funding support. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537283/government-eyes-first-nuclear-auction-mid-2027 https://www.philstar.com/business/2026/06/24/2537284/philippines-more-expensive-vietnam-thailandMarianne Go Vietnam and Thailand continue to attract more tourists than the Philippines as our two Association of Southeast Asian Nations (ASEAN) neighbors  are able to offer cheaper prices. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537284/philippines-more-expensive-vietnam-thailand https://www.philstar.com/business/2026/06/24/2537285/serious-threat-bpo-industryBoo Chanco The threats to the local industry that’s keeping millions of our young people profitably employed have been festering for some time now. One of these is the threat of AI on the voice part of our BPO industry. The other one is a pending bill in the US Congress seeking to bring back offshored call center jobs to the US. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537285/serious-threat-bpo-industry https://www.philstar.com/business/2026/06/24/2537286/rlc-infusing-6-additional-malls-rcrRichmond Mercurio Gokongwei-led real estate developer Robinsons Land Corp. (RLC) is infusing more mall assets into its real estate investment trust company, RL Commercial REIT Inc. (RCR), through a P10.62-billion property-for-share swap transaction. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537286/rlc-infusing-6-additional-malls-rcr https://www.philstar.com/business/2026/06/24/2537287/philippines-eyes-indonesia-link-asean-power-gridBrix Lelis The Philippines is exploring a potential interconnection with Indonesia under the broader ASEAN Power Grid initiative, which aims to enable cross-border electricity trade across Southeast Asia. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537287/philippines-eyes-indonesia-link-asean-power-grid https://www.philstar.com/business/2026/06/24/2537288/pepsi-targets-above-gdp-sales-growth-2026Louella Desiderio Beverage firm Pepsi-Cola Products Philippines Inc. (PCPPI) is aiming for sales to outpace the country’s economic growth this year to be supported by strong demand for flavored and energy drinks and the expansion of its distribution network. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537288/pepsi-targets-above-gdp-sales-growth-2026 https://www.philstar.com/business/2026/06/24/2537289/2-5-firms-unprepared-new-european-union-duty-rulesElijah Felice Rosales Two in five businesses in Asia-Pacific, including in the Philippines, may find it difficult to comply with the additional cost of exporting to the European Union starting July, according to logistics giant FedEx Corp. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537289/2-5-firms-unprepared-new-european-union-duty-rules https://www.philstar.com/business/2026/06/24/2537290/financial-system-resources-hit-record-p373-trillion-aprilKeisha Ta-Asan Total resources of the Philippine financial system climbed to a record P37.31 trillion as of end-April, driven by sustained growth in bank assets and the continued expansion of digital lenders. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537290/financial-system-resources-hit-record-p373-trillion-april https://www.philstar.com/business/2026/06/24/2537291/stocks-bounce-back-bargain-huntingRichmond Mercurio The local stock market bounced back yesterday as investors shopped for bargains following two consecutive sessions of decline. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537291/stocks-bounce-back-bargain-hunting https://www.philstar.com/business/2026/06/24/2537292/lrt-2-traffic-up-revenue-dipsElijah Felice Rosales The Light Rail Transit Line 2 (LRT-2) is suffering from a double-digit revenue freefall due to the higher discounts granted to students, senior citizens and persons with disabilities (PWD). Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537292/lrt-2-traffic-up-revenue-dips https://www.philstar.com/business/2026/06/24/2537293/meralco-group-plots-renewable-energy-expansion-vinenergoBrix Lelis Pangilinan-led Meralco Group is expanding its power portfolio with Vietnam’s VinEnergo in a partnership that could unlock 25 gigawatts (GW) of renewable energy (RE) and battery storage capacity. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537293/meralco-group-plots-renewable-energy-expansion-vinenergo https://www.philstar.com/business/2026/06/24/2537294/government-borrow-p112-trillion-domestic-marketAubrey Rose Inosante The Marcos administration will borrow as much as P1.12 trillion from the local debt market in the third quarter, leaning heavily on domestic financing amid global uncertainties. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537294/government-borrow-p112-trillion-domestic-market https://www.philstar.com/business/2026/06/24/2537295/bsp-eases-rules-middle-east-tensions-shake-marketsKeisha Ta-Asan The Bangko Sentral ng Pilipinas (BSP) has granted temporary regulatory relief to banks and quasi-banks to shield their reported capital positions from unrealized losses on peso government securities caused by market volatility from the Middle East conflict. Wed, 24 Jun 2026 00:00:00 +0800 https://www.philstar.com/business/2026/06/24/2537295/bsp-eases-rules-middle-east-tensions-shake-markets https://www.philstar.com/biz-memos/2026/06/23/2537239/maroonstudios-ceo-james-mendoza-champions-sovereign-cloud-and-ai-driven-governance-nict-summit-2026 MaroonStudios CEO James Mendoza took the stage as a keynote speaker at the NICT Summit 2026. Tue, 23 Jun 2026 16:00:00 +0800 https://www.philstar.com/biz-memos/2026/06/23/2537239/maroonstudios-ceo-james-mendoza-champions-sovereign-cloud-and-ai-driven-governance-nict-summit-2026