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Business World Philippines

BSP gives grace period to rural, co-op banks for credit exposure reporting

THE BANGKO SENTRAL ng Pilipinas (BSP) has given rural and cooperative (co-op) banks in the country an extended window to submit the required enhanced reports on their credit and equity exposures without penalties.

2 min  |

May 20, 2026

Business World Philippines

BoP deficit narrows to $2.1B in April

STEADY INFLOWS from remittances and the services sector despite emerging external pressures helped narrow the Philippines’ balance of payments (BoP) gap to a three-month low in April, Bangko Sentral ng Pilipinas (BSP) data showed.

3 min  |

May 20, 2026

Business World Philippines

CdO developers push retail growth uptown

CAGAYAN DE ORO (CdO) is entering a new phase of retail expansion as developers accelerate commercial and township projects in the city’s uptown corridor, where market activity is beginning to spread beyond the saturated downtown area.

1 min  |

May 20, 2026

Business World Philippines

Marcos raises concern over stagflation risk

PRESIDENT Ferdinand R. Marcos, Jr. warned of a possible stagflation scenario, citing the threat of slowing economic growth alongside persistent inflation, while signaling that his government may tolerate higher prices for certain nonessential food items.

3 min  |

May 20, 2026

Business World Philippines

Political violence possible if Duterte removed — GeoQuant

THE IMPEACHMENT proceedings against Vice-President Sara Duterte-Carpio have raised the possibility of further instability and political violence in the country, according to an assessment by a unit of Fitch Solutions.

3 min  |

May 20, 2026

Business World Philippines

As bond yields surge, investors grow wary of global spending crunch

Investors are waking up to the worry that war in Iran may deliver a lasting inflationary shock, with sovereign bond yields racing to decade highs and threatening a severe hit to the spending power of governments, businesses and households.

2 min  |

May 20, 2026

Business World Philippines

Peso still Asia’s ‘weakest link’ despite BSP policy tightening

THE PHILIPPINE PESO will likely remain the weakest Asian currency despite further monetary policy tightening by the central bank as the economy remains vulnerable to volatile global oil prices amid the ongoing Middle East war, analysts said.

3 min  |

May 20, 2026
Business World Philippines

Business World Philippines

From ‘French leave’ to ‘Irish goodbyes’: Why you may be right to exit a party without saying goodbye

WHETHER you call it an Irish goodbye, French leave, or filer à l’anglaise (leave in the English style), as the French prefer, the act of quietly slipping out of a party without fanfare is a familiar social impulse.

4 min  |

May 20, 2026
Business World Philippines

Business World Philippines

Cebu Pacific to resume Dubai flights in July

BUDGET CARRIER Cebu Pacific is restoring its Manila-Dubai operations beginning July following repeated suspensions linked to instability in the Middle East, as airlines and airport operators remain cautious over possible airspace-related disruptions in the region.

1 min  |

May 20, 2026
Business World Philippines

Business World Philippines

VP Sara's trial to proceed even without her appearance

THE impeachment trial of Vice-President (VP) Sara Duterte-Carpio will proceed even if she refuses to personally appear before the Senate impeachment court, according to a congressman.

1 min  |

May 20, 2026

Business World Philippines

Google and Blackstone to launch AI cloud venture

ALPHABET’S Google and Blackstone said on Monday that they will form an artificial intelligence (AI) cloud business venture aimed at capitalizing on an insatiable demand for AI computing services.

1 min  |

May 20, 2026

Business World Philippines

Samsung Electronics, union narrow some differences as damaging strike nears

Samsung Electronics and its South Korean union have narrowed some differences, a mediator in their talks said on Tuesday, as pressure mounts from the government and business groups to avert an imminent and damaging lengthy strike.

2 min  |

May 20, 2026

Business World Philippines

PHL urged to set clearer maritime stance amid rising tensions with China

THE Philippines needs a clearer and more consistent position on sovereignty and maritime rights as geopolitical competition intensifies in the Indo-Pacific region, particularly in the South China Sea, where repeated confrontations have raised security risks, a political analyst said.

2 min  |

May 20, 2026

Business World Philippines

Britain gets experimental drug from Japan amid hantavirus outbreak

Britain has received supplies of the antiviral drug favipiravir from Japan as part of its response to a deadly hantavirus outbreak linked to the Hondius cruise liner, the UK Health Security Agency (UKHSA) said on Monday.

1 min  |

May 20, 2026

Business World Philippines

Gold rises on weaker dollar but oil, yields limit gains

GOLD edged higher on Monday, supported by a weaker US dollar, but gains were capped by rising bond yields and elevated crude oil prices as the Iran war fueled inflation concerns and expectations of tighter monetary policy.

1 min  |

May 20, 2026

Business World Philippines

Nasdaq leads equity losses with soaring crude oil price

THE Nasdaq and the benchmark S&P 500 closed lower on Monday as investors took some profits in technology stocks while surging Treasury yields and high crude oil prices fueled concerns that inflation and borrowing costs could stay elevated.

1 min  |

May 20, 2026

Business World Philippines

Gov’t rejects all bids for T-bonds

THE GOVERNMENT rejected all bids for the Treasury bonds (T-bonds) it offered on Tuesday as players asked for higher yields as global markets continued to reel due to mounting inflation concerns amid the prolonged Middle East conflict.

4 min  |

May 20, 2026
Business World Philippines

Business World Philippines

MRT-3 PPP attracts 74 firms

AT LEAST 74 local and foreign firms have expressed interest in the planned Metro Rail Transit Line 3 (MRT-3) public-private partnership (PPP), the Department of Transportation (DoTr) said, as the government seeks private sector support for a rail system that analysts say requires substantial upgrades and clearer commercial terms to attract serious long-term operators.

2 min  |

May 20, 2026
Business World Philippines

Business World Philippines

China property giant Evergrande liquidators seek $8.4B from PwC, accusing it of negligent audits

Liquidators for Evergrande Group, the failed Chinese property giant, are seeking 57 billion yuan ($8.4 billion) in damages from PwC, accusing it of being negligent in its auditing work, a Hong Kong court was told on Monday.

2 min  |

May 20, 2026
Business World Philippines

Business World Philippines

PH’s ASEAN chairmanship may boost MSME opportunities

THE Philippines’ chairmanship of the Association of Southeast Asian Nations (ASEAN) is expected to expand opportunities for micro, small and medium enterprises (MSME) as increased regional business activity enters the country, according to the ASEAN Business Advisory Council (BAC) Philippines.

2 min  |

May 20, 2026
Business World Philippines

Business World Philippines

Rethinking deterrence beyond land, sea, and air

Defense security used to be immensely simpler. In the past, it meant protecting a country’s territorial integrity across land, air, and sea.

3 min  |

May 20, 2026

Business World Philippines

Guidance to LGUs pursuing PPP projects due in 2nd half

THE Public-Private Partnership (PPP) Center is set to release a joint memorandum circular (JMC) in the second half to guide local government units (LGUs) seeking to tap PPPs for development projects.

1 min  |

May 20, 2026
Business World Philippines

Business World Philippines

Iran says peace proposal includes reparations, US troop withdrawal

Tehran’s latest peace proposal to the United States involves ending hostilities on all fronts including Lebanon, the exit of US forces from areas close to Iran, and reparations for destruction caused by the US-Israeli war, state media reported on Tuesday.

3 min  |

May 20, 2026

Business World Philippines

Fatally flawed Pistons

A series-deciding score of 125-94 will inevitably waylay any given set-to in the dustbins of hoops history. That the Pistons’ was a Game Seven loss at home serves only to accentuate their forgettable stand.

2 min  |

May 20, 2026

Business World Philippines

Policy push urged amid Iran war as MSMEs face rising costs

PHILIPPINE MICRO, small and medium enterprises (MSME) are under growing operational pressure as the Iran war drives up fuel, transport and input costs, prompting calls for government measures to cushion the impact, according to the Philippine Chamber of Commerce and Industry (PCCI).

1 min  |

May 20, 2026

Business World Philippines

PSE index sinks to 5,800 range on oil, peso woes

PHILIPPINE SHARES slid further on Tuesday as elevated oil prices and a weak peso continued to cloud market sentiment.

2 min  |

May 20, 2026

Business World Philippines

Luzon Economic Corridor may create 1M jobs

AS MANY as 1 million jobs could be generated for Filipinos under expanding Philippines-US economic cooperation as both sides advance plans for trade, infrastructure and technology projects aimed at strengthening supply chains and boosting growth, accord-ing to Malacañang.

1 min  |

May 20, 2026

Business World Philippines

Dela Rosa seeks SC shield vs ICC warrant tied to drug war killings

SENATOR Ronald “Bato” M. dela Rosa has again asked the Supreme Court (SC) to block his possible arrest as he challenged efforts to enforce an International Criminal Court (ICC) warrant linking him to alleged crimes against humanity during former President Rodrigo R. Duterte’s deadly war on drugs.

2 min  |

May 20, 2026

Business World Philippines

P50 imported rice price cap deemed fair, domestic rice SRP to be set at P53 per kilo

THE Department of Agriculture (DA) called the P50 per kilo price ceiling on imported rice fair for all participants in the supply chain, while announcing plans to establish a P53 per kilogram suggested retail price (SRP) for domestically grown rice.

1 min  |

May 20, 2026
Business World Philippines

Business World Philippines

PhilHealth’s expanded benefits deliver real impact as private hospitals step up for Filipino patients

PhilHealth's expanded benefit packages are now delivering tangible results for millions of Filipinos, significantly reducing out-of-pocket health expenses while inspiring stronger participation from the private healthcare sector.

1 min  |

May 20, 2026

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