GMA News Online · Business

No more taking out the trash at your Airbnb as guest, host rules tightened

The days of having to take out the trash or wash the dishes before leaving an Airbnb are numbered as the short-term rental platform is tightening rules on what conditions hosts may impose on guests.

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GMA News Online · Business

BIR files complaints vs. 2 firms over P45 million in unpaid taxes

The Bureau of Internal Revenue said it has filed two complaints with the Department of Justice against two corporations due to P45 million in tax liabilities for taxable years 2017 and 2018.

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The Manila Times · Business

Dos and don'ts for folding phones as Apple releases Duo phone

Apple’s first folding phone arrives in stores on Friday, bringing the advantages of a flexible display to iPhone loyalists. Such devices also have their own unique care and protection considerations. Folding screen…

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GMA News Online · Business

DICT's Almirol denies conflict of interest involving his old firm

Suspended Undersecretary David Almirol said that it was Multisys that belatedly filed its General Information Sheet before the Securities and Exchange Commission (SEC).

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GMA News Online · Business

Barclays bank to cut about 5,000 jobs amid AI drive

Barclays announced it will cut around 5,000 jobs, or roughly 5% of its global workforce, by the end of 2026 in an AI efficiency drive, alongside an update that its net profit grew 13% in Q3.

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The Manila Times · Business

X Community Notes 'failed' to flag US election falsehoods, study says

WASHINGTON, D.C. — A crowd-sourced verification system used by Elon Musk's X failed to flag a vast majority of false claims related to the US midterm elections — including those promoted by the billionaire — a study…

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The Manila Times · Business

US-backed SEA data cable to pick NEC or Alcatel as supplier – developer

HANOI, Vietnam — Developers of a new US-backed undersea ​data cable linking Malaysia, Vietnam, Singapore and Thailand will this month select a cable supplier between Japan's NEC, opens new tab and France's ‌Alcatel…

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GMA News Online · Business

Peso weakens to P63.52:$1, the 30th record low of 2026

The Philippine peso depreciated further against the US dollar on Thursday to mark its 30th record low so far this year, amid inflationary concerns as global oil prices continue to increase.

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The Manila Times · Business

Peso sinks to another record low P63.52

MANILA, Philippines — The peso fell again to a new historic low of P63.52 against the greenback. The local currency weakened by 15.9 centavos on Thursday to P63.52 from the previous record low of P63.361:$1. It opened…

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GMA News Online · Business

BSP hikes rates by 50 basis points amid expected inflation, El Niño effects

The Bangko Sentral on Thursday decided to implement a jumbo rate hike, extending its tightening streak for the fourth straight meeting, as it expects inflation to remain high through 2027.

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Philstar · Business

How Tala’s strategic partnerships are expanding financial access for Filipinos

For many Filipinos, financial needs rarely arrive one at a time.

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Philstar · Business

Converge Studios launches AI-powered health IT solutions to accelerate healthcare transformation in the Philippines

Converge Studios officially launched its health IT solutions at “AI in Healthcare: Elevating What’s Possible."

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Rappler · Business

Bangko Sentral raises interest rates to 5.50% as inflation, peso woes mount

Even as the central bank tries to keep inflation in check, higher interest rates can only do so much

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Philstar · Business

Before you buy the home, try the neighborhood

Turn a condo viewing in the MOA Complex into a day out, and discover what the address could add to everyday life.

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GMA News Online · Business

BPI debit cards to be temporarily unavailable on October 24

Clients of the Bank of the Philippine Islands (BPI) will temporarily be unable to use their debit cards during select hours starting early Saturday morning, October 24, as the lender will undergo system maintenance…

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Rappler · Business

Who is Ginbee Go, BPI’s next president and first female CEO?

The 23-year BPI veteran and current consumer banking chief will succeed TG Limcaoco in April 2027

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The Manila Times · Business

BPI names Ginbee Go as next CEO

MANILA, Philippines — Bank of the Philippine Islands (BPI) has named its consumer banking head, Maria Cristina “Ginbee” L. Go, as the next president and chief executive officer, succeeding Jose Teodoro K. Limcaoco…

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Rappler · Business

[Good Business] The Rags2Riches story: Woven to last

Every sign pointed to closure. What Rags2Riches founder Reese Fernandez-Ruiz held on to, privately, was a sliver of hope.

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The Manila Times · Business

Meta beats expectations but legal penalties hit profit amid AI race

SAN FRANCISCO — Meta beat investor expectations for third-quarter revenue on Wednesday as it doubles down on a global AI race but the social media giant's profits took a hit due to an $18 billion legal settlement with…

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Rappler · Business

[Puso at Diwa] Sara Duterte trial: Is the space for political impunity finally closing?

Can the Philippines begin to turn the corner from a culture of impunity toward one of responsibility and the rule of law?

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The Manila Times · Business

United Airlines profit outlook well below estimates

CHICAGO, Illinois — United Airlines on Tuesday forecast fourth-quarter profit well below Wall Street estimates despite expectations for record revenue, as soaring fuel costs were expected to persist, eating into gains…

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The Manila Times · Business

Kroger to invest $5 billion by 2029

KROGER unveiled a $5-billion investment plan to lower prices and improve the shopping experience, as part of new CEO Greg Foran’s first strategy to revive the grocer’s core business amid intensifying competition and…

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GMA News Online · Business

The fake commute: How China's unemployed save face

BEIJING/HONG KONG - A photo of a home-cooked lunch almost exposed Coco Li's secret.

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The Manila Times · Business

OpenAI says its AI agents weakened internal monitoring system

OPENAI said on Tuesday that two of its artificial intelligence (AI) agents weakened parts of an internal monitoring system designed to detect misbehavior, the latest case of AI agents acting in ways their developers did…

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The Manila Times · Business

Coffee congress highlights SMEs, eco-friendly practices

THE 2nd Philippine Coffee Sustainability Congress also showcased small to medium businesses and eco-friendly practices that can set the trend for the local coffee industry. Held on Oct. 15 to 16, the congress organized…

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Philstar · Business

DigiPlus joins list of best performing companies in Asia

MANILA, Philippines — DigiPlus Interactive Corp., the Philippines’ premier digital entertainment provider behind BingoPlus, ArenaPlus and GameZone, has been recognized as one of Asia’s Best Performing Companies at the…

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The Manila Times · Business

Australian AI data center operator NextDC shares shed 44% on revenue delay

SYDNEY ─ Australian data center operator NextDC shed nearly half of its market capitalization on Wednesday after sharply cutting revenue forecasts for the year ahead and putting future developments on hold, extending…

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The Manila Times · Business

SSS maintains fundnot in risky ventures

THE Social Security System (SSS) has reassured its members that their contributions are being managed with care to protect the pension fund and sustain the timely payment of benefits. According to the SSS in its…

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Philstar · Business

Novo Philippines lowers prices amid rising obesity burden

Nearly one in two Filipino adults is overweight or obese.

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The Manila Times · Business

Adidas records quarterly profit

FRANKFURT ─ Adidas achieved record core profit in the third quarter, the German sportswear firm said Tuesday, boosted by healthy sales and 200 million euros ($225 million) of refunded tariffs from the US government…

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The Manila Times · Business

PhilRice advances research vs stemborer

RESEARCH by a newly conferred career scientist of the Philippine Rice Research Institute (PhilRice) could help rice breeders identify traits linked to stemborer resistance as farmers prepare for El Niño and other…

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Philstar · Business

Nido Petroleum allots $100 million for Palawan exploration

Nido Petroleum Philippines Pty. Ltd. is stepping up oil and gas exploration in Palawan, committing up to $100 million (about P6.3 billion) to drill new wells.

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The Manila Times · Business

Michelin posts a slight drop in sales

FRENCH tire maker Michelin on Tuesday reported a drop in nine-month sales, as tire volumes declined, despite an improved currency effect in the third quarter. The company has been hurt by a negative currency effect…

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The Manila Times · Business

India billionaire Mukesh Ambani launches mega Jio IPO

MUMBAI, India — The digital arm of conglomerate Reliance Industries launched its potentially record-breaking initial public offering (IPO) on Wednesday, testing billionaire owner Mukesh Ambani’s digital ambitions after…

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Philstar · Business

ASEAN Summit and energy security

A huge international event will occur in Manila this coming Nov. 15 to 17, the 49th ASEAN Summit and Related Summit meetings. We expect 20 heads of state – presidents and prime ministers – the 11 member-countries of the…

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The Manila Times · Business

Report: Universal Robina brands expand consumer reach

UNIVERSAL Robina Corp.’s (URC) ready-to-drink tea brand C2 is expanding its consumer reach across retail channels while its Nissin noodles brand is benefiting from increased at-home consumption, according to a consumer…

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The Manila Times · Business

Megawide looking to deliver 25,000 4PH homes by 2028

MEGAWIDE Construction Corp.'s subsidiary PH1 World Developers Inc. is targeting to deliver more than 25,000 homes by 2028 as it expands its participation in the government's Expanded Pambansang Pabahay para sa Pilipino…

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Philstar · Business

The electric future of the next generation

The other day, while scrolling through my social media feed, I came across a post about a collection of interviews from the 1960s, with ordinary people asked to imagine the future. S

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The Manila Times · Business

Red, yellow alerts up again for Visayas on Wednesday

THE National Grid Corp. of the Philippines (NGCP) has once more issued red and yellow alerts for the Visayas grid on Wednesday, as some major power plants continued to be offline with electricity demand expected to be…

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