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Business World Philippines
Trump declares Iran ceasefire extension with peace talks in doubt
US President Donald J. Trump said he would indefinitely extend the ceasefire with Iran to allow for further peace talks, although it was not clear on Wednesday if Iran or Israel, the US ally in the two-month war, would agree.
3 min |
April 23, 2026
Business World Philippines
Life after a legend
IT’S BEEN almost 15 years to the day since the closing of El Bulli, the restaurant run by the Adria brothers
3 min |
April 23, 2026
Business World Philippines
FEF petitions to cut tariffs for corn imports exceeding MAV
THE Foundation for Economic Freedom (FEF) said it petitioned the Tariff Commission to reduce the tariff on corn imports exceeding the minimum access volume (MAV) to 5%, citing the need to bring down meat prices.
1 min |
April 23, 2026
Business World Philippines
STT GDC to expand its Fairview data center, seeks wider PHL growth
ST TELEMEDIA Global Data Centres (STT GDC) Philippines is set to expand the capacity of its Fairview data center by an additional 4 megawatts (MW) by the end of the year, as it moves to meet rising demand for digital infrastructure driven by artificial intelligence (AI) and cloud computing.
1 min |
April 23, 2026
Business World Philippines
First Radisson RED hotel in PHL opens in Mandaue
CEBU LANDMASTERS, INC. (CLI) has opened the first Radisson RED hotel in the Philippines, marking a key step in expanding its hospitality portfolio.
1 min |
April 23, 2026
Business World Philippines
PSEi falls to 5,900 level on war woes, BSP bets
PHILIPPINE SHARES retreated on Wednesday, pulling the main index back to the 5,900 level, as investors turned cautious amid worries over the Middle East conflict, and ahead of the Bangko Sentral ng Pilipinas’ (BSP) policy meeting.
2 min |
April 23, 2026
Business World Philippines
Gold prices slide 2% as dollar, yields rise ahead of tentative US -Iran talks
GOLD extended losses on Tuesday asa stronger dollarandrisingyields weighed on prices, while investors awaited the outcome of tentative US-Iran talks and US Federal Reserve Chair nominee Kevin M. Warsh’s confirmation hearing.
1 min |
April 23, 2026
Business World Philippines
Atlas Mining 2025 net loss widens as revenue declines
ATLAS CONSOLIDATED Mining and Development Corp. posted a wider net loss of P246.22 million in 2025, as weaker revenue and higher nonoperating charges offset lower operating costs.
1 min |
April 23, 2026
Business World Philippines
Demand seen shifting to EVs as incentive plan release approaches
THE Department of Trade and Industry (DTI) said it is confident that demand for electric vehicles (EVs) will grow strongly in the wake of the oil price shock, as it prepares to release an incentive program for the segment that could reflect updated demand assumptions.
1 min |
April 23, 2026
Business World Philippines
SpaceX says unproven Al space data centers may not be commercially viable, filing shows
SpaceX warned investors that its ambitions to build space-based artificial _ intelligence (Al) data centers, as well as human settlements on the moon and Mars, rely on unproven technologies and may not become commercially viable, according to acompany filing.
1 min |
April 23, 2026
Business World Philippines
FEU forces KO with UST for last ticket in stepladder Final Four
With assist from National University Lady Bulldogs
2 min |
April 23, 2026
Business World Philippines
London copper prices slip as US Pres. Trump talks down Iran truce extension
COPPER prices turned negative on Tuesday after US President Donald J. Trump said he did not want to extend a rapidly expiring ceasefire with Iran and the United States seized an Iranian oil tanker in international waters.
1 min |
April 23, 2026
Business World Philippines
How Asia should deal with the ‘Malacca Dilemma’
IF THE IRAN WAR has taught us nothing else, it’s that weaponizing shipping routes is now the military move du jour.
3 min |
April 23, 2026
Business World Philippines
United Airlines echoes caution as fuel surge squeezes margins
Tuesday forecast second quarter and full-year profits below Wall Street estimates as higher jet fuel prices squeeze margins and cloud its near-term outlook, even as demand for premium travel stays robust.
2 min |
April 23, 2026
Business World Philippines
Lawmakers question VP Duterte’s wealth surge, gaps in net worth filing
LAWMAKERS on Wednesday questioned Vice-President (VP) Sara Duterte-Carpio’s wealth after a review of her statements of assets, liabilities and net worth (SALNs) showed missing cash and liabilities and rapid increase in net worth.
2 min |
April 23, 2026
Business World Philippines
Physical Al may transform various industries as integration picks up
PHYSICAL artificial intelligence (PAI) is expected to transform various industries and boost their competitive advantage, professional services company Deloitte said.
2 min |
April 23, 2026
Business World Philippines
Banking industry scrambles for Anthropic's Mythos as global regulators review risks
The emergence of Anthropic’s Mythos is setting up a scramble from the banking industry to gain access and test the technology as regulators rush to examine the cybersecurity risks the new artificial intelligence model raises and how prepared financial firms are to tackle them.
3 min |
April 23, 2026
Business World Philippines
Ex-Rep. Zaldy Co seen as ‘missing link’ to flood control probe
THE credibility and development related to the flood control investigation heavily relies on the decision of former lawmaker Elizaldy “Zaldy” S. Co to stay true to his previous statements regarding the controversy, analysts said over the weekend.
2 min |
April 23, 2026
Business World Philippines
Consumer watchdog group files class-action lawsuit alleging Meta profited from ads for scams
THE Consumer Federation of America (CFA) has filed a class-action complaint against Meta Platforms alleging that the social media giant has profited from advertising for fraudulent activities on its platforms and misled users about its efforts to combat the problem.
1 min |
April 23, 2026
Business World Philippines
ICC rejects Duterte’s plea, affirms jurisdiction over drug war case
THE International Criminal Court (ICC) ruled on Wednesday that it has full legal jurisdiction to prosecute the Philippines’ 81-year-old former President Rodrigo R. Duterte for crimes against humanity in a closely watched case.
1 min |
April 23, 2026
Business World Philippines
Energy crisis delays procurement for FMR program
THE Department of Agriculture (DA) said it moved the start of procurement for farm-to-market road (FMR) projects to May from the original April target after cost estimates had to be reworked due to rising fuel prices.
1 min |
April 23, 2026
Business World Philippines
Central bank must tighten to stave off second-round inflation—GlobalSource
THE BANGKO SENTRAL ng Pilipinas (BSP) should begin tightening this week to manage inflation expectations and potential second-round price effects, Global-Source Partners said.
2 min |
April 23, 2026
Business World Philippines
Nickel Asia buys 20% of Kazakhstan venture
NICKEL ASIA CORP.
1 min |
April 23, 2026
Business World Philippines
Banks’ assets grow to P29 trillion as of Feb.
PHILIPPINE BANKS’ total assets grew by 8.33% at end-February as they continued to grow their loan portfolios, Bangko Sentral ng Pilipinas (BSP) data showed.
1 min |
April 23, 2026
Business World Philippines
Term deposit yield edges up on BSP hike bets
THE CENTRAL BANK’S one-week term deposits fetched a slightly higher average yield on Wednesday ahead of an expected rate hike by the Monetary Board and amid continued uncertainty over the Middle East war.
1 min |
April 23, 2026
Business World Philippines
OKC's Shai Gilgeous-Alexander named NBA's top clutch performer
OKLAHOMA City Thunder (OKC) star Shai Gilgeous-Alexander was the runaway winner in the Clutch Player of the Year award balloting, revealed on Tuesday night.
1 min |
April 23, 2026
Business World Philippines
More transport subsidies needed, PIDS says
THE GOVERNMENT must increase targeted subsidies to the transport industry to cushion the impact of the fuel price shock and stabilizing employment, a government think-tank said.
2 min |
April 23, 2026
Business World Philippines
USTR Greer urged US allies to pay more for critical minerals, FT reports
US Trade Representative (USTR) Jamieson Greer has told American allies they must pay more for critical minerals sourced from outside China, the Financial Times (FT) reported on Wednesday.
1 min |
April 23, 2026
Business World Philippines
Madrid Fusion Manila returns (well, sort of)
FROM 2016 to 2017, Manila moved closer to the center of the culinary world due to Madrid Fusion Manila, the then-only Asian offshoot of the world-famous food congress held in Madrid, Spain.
2 min |
April 23, 2026
Business World Philippines
CATL launches battery innovations to strengthen global market leadership
BEIJING — China’s CATL on Tuesday showcased a slew of technological advancements in electric vehicle (EV) batteries, aiming to set new industry benchmarks and bolster its dominant global position.
1 min |