Newspaper
Business World Philippines
Nasdaq, S&P 500 rise with Apple, Alphabet, rate cut hopes; Dow dips
NEW YORK — The Nasdaq rose 1% and the S&P 500 also ended higher on Wednesday as Alphabet jumped after a US judge ruled against breaking up the Google parent and as investors were optimistic that the US Federal Reserve would cut interest rates this month.
2 min |
September 05, 2025
Business World Philippines
Weather that drove Iberian wildfires is 40 times more likely to recur due to climate change, report says
The hot, dry and windy conditions this summer that fueled the worst wildfires in Spain for at least three decades are 40 times more likely to recur due to human-caused climate change, according to an analysis by World Weather Attribution.
1 min |
September 05, 2025
Business World Philippines
Konektadong Pinoy expected to unlock digital infra investment
PHILIPPINE DIGITAL infrastructure will come in for a wave of upgrades because of increased investment facilitated by the Konektadong Pinoy Act, according to Fitch Solutions unit BMI.
2 min |
September 05, 2025
Business World Philippines
Cinemalaya 2025 goes to Shangri-La Plaza
Lineup filled with star-studded films
7 min |
September 05, 2025
Business World Philippines
Suntrust acquires 40% stake in WBHC, gains indirect interest in casino project
LISTED casino developer Suntrust Resort Holdings, Inc. said it has acquired a 40% stake in Westside Bayshore Holding Corp. (WBHC) after subscribing to 400 million common shares in the company to fast-track the development of the Westside Integrated Resort Project in Parañaque City.
1 min |
September 05, 2025
Business World Philippines
PSE launches new partnership to boost global investor outreach
THE PHILIPPINE STOCK EXCHANGE (PSE) and Bloomberg, a global financial data and media company, have announced a partnership aimed at boosting global investor awareness of the Philippine capital markets, through a series of joint outreach initiatives both locally and internationally.
1 min |
September 05, 2025
Business World Philippines
Turn creativity into rewards with Brother's SP1 Sublimation Printer
UNTIL SEPT. 30, customers who purchase a Brother SPI Sublimation Printer from any Authorized Brother Dealer and join the Brother Customer Plus Loyalty Program can enjoy a P5,000 cashback via a Universal Giftaway e-Gift, a reward that can help jumpstart any creative venture.
1 min |
September 05, 2025
Business World Philippines
PHL targets 2026 to start accepting nuclear energy project proposals
THE Department of Energy (DoE) plans to begin accepting applications for nuclear energy projects by 2026 as part of efforts to introduce nuclear power into the country's energy mix by 2032.
2 min |
September 05, 2025
Business World Philippines
Google’s AI rivals get a boost from search data-sharing order
SAN FRANCISCO — Arising group of artificial intelligence (AT) companies stand to gain from an antitrust ruling on Tuesday that ordered Alphabet’s Google to share its invaluable search data with competitors.
2 min |
September 05, 2025
Business World Philippines
Safe-haven gold bullion rally gains further momentum after soft US data
GOLD extended its record-breaking rally on Wednesday, powered by softer US jobs data that reinforced expectations of a US Federal Reserve interest rate cut later this month, while lingering global uncertainties kept safe-haven demand firmly in play.
1 min |
September 05, 2025
Business World Philippines
Manila and allies stage naval drills near Scarborough Shoal, draw China rebuke
THE PHILIPPINES held joint naval exercises with Australia, Canada and the US in the South China Sea earlier this week, a move seen as reinforcing security cooperation amid heightened Chinese assertiveness in the contested waters.
2 min |
September 05, 2025
Business World Philippines
Proposed DA-DAR merger seen aiding ARB integration into DA dev’t efforts
A PROPOSAL to merge the departments of Agriculture (DA) and Agrarian Reform (DAR) will serve to better integrate agrarian reform beneficiaries (ARBs) into DA programs, analysts said, though the sugar industry expressed its opposition to the idea.
2 min |
September 05, 2025
Business World Philippines
Former PAL chief Santa Maria named president and CEO of MPTC
METRO PACIFIC Investments Corp. (MPIC) has appointed former Philippine Airlines, Inc. (PAL) chief Gilbert Gabriel F. Santa Maria as president and chief executive officer (CEO) of Metro Pacific Tollways Corp. (MPTC).
1 min |
September 05, 2025
Business World Philippines
Western dysfunction is bolstering China
How they react — by submitting or building up the defenses needed to ensure independence — depends on finding a backer capable of deterring Chinese predations. The US no longer looks like a reliable bet.
3 min |
September 05, 2025
Business World Philippines
DoH says it needs P450 billion yearly for free healthcare
THE PHILIPPINES needs P450 billion every year to provide free healthcare services in government hospitals, according to the Health secretary.
1 min |
September 05, 2025
Business World Philippines
Senate eyes 2026 budget purge amid DPWH red flags
THE PHILIPPINE Senate will prioritize removing questionable items from the proposed 2026 national budget after senators raised concerns about anomalous projects under the Department of Public Works and Highways (DPWH).
2 min |
September 05, 2025
Business World Philippines
US ‘very troubled’ by Norway’s $2-trillion wealth fund’s divestment from Caterpillar
President Donald J. Trump’s administration said on Wednesday it was “very troubled” by the divestment by Norway’s $2-trillion wealth fund from US construction equipment group Caterpillar, adding Washington was directly engaging with the Norwegian government on the issue.
1 min |
September 05, 2025
Business World Philippines
Rain stops Eala-Lepchenko game in Guadalajara Open
MASSIVE rain halted Alexandra “Alex” Eala's thrilling back-and-forth marathon against Varvara Lepchenko of the United States in the second round of the WTA 125 Guadalajara Open on Thursday in Mexico.
1 min |
September 05, 2025
Business World Philippines
Senate issues subpoenas vs contractors, DPWH officials amid flood control probe
SENATE PRESIDENT Francis “Chiz” G. Escudero on Thursday said that he has issued subpoenas to summon contractors and Public Works officials allegedly involved in anomalous flood control probe
1 min |
September 05, 2025
Business World Philippines
NG debt,
Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort said debt rose as the government ramped up borrowings to plug the widening budget gap.
1 min |
September 05, 2025
Business World Philippines
US tariff impact expected to start showing up in August export data
THE Department of Trade and Industry (DTI) said it is bracing for the full impact of the US tariffs to show up in the August export figures, and is stepping up its support for exporters who may be affected.
2 min |
September 05, 2025
Business World Philippines
InstaPay, PESONet transactions rise
THE VALUE of transactions made via InstaPay and PESONet grew by 40.32% year on year at end-July, data from the Bangko Sentral ng Pilipinas (BSP) showed.
2 min |
September 05, 2025
Business World Philippines
Crude oil prices plunge as OPEC+ weighs another output increase
Crude oil prices fell by more than 2% on Wednesday ahead of a weekend meeting of OPEC+ producers that is expected to consider another increase in production targets in October.
1 min |
September 05, 2025
Business World Philippines
Japan parts maker Nidec plunges on accounting probe
Shares of Japan’s Nidec plummeted by one-fifth on Thursday after the electric motor maker said it would set up an independent committee to investigate the possible involvement of management in improper accounting.
1 min |
September 05, 2025
Business World Philippines
Year’s worth of winning dish up for grabs at Grab FanFaves
THIS YEAR'S iteration of Grab FanFaves, Grab’s annual order campaign that crowns the Philippines’ most beloved dishes, invites Filipinos to vote with their orders, turning everyday cravings into ballots that decide which food items will be named the country’s top fan favorites.
1 min |
September 05, 2025
Business World Philippines
Welcome to the Hyunam-dong Bookshop author to visit PHL for talks, signing
THE KOREAN CULTURAI Center in the Philippines (KCC), invites book lovers, dreamers, and seekers of quiet joys to “Conversations with Hwang Boreum: Stories in the Bookshop,” happening from Sept. 10-14 at the Manila International Book Festival (MIBF) and select venues.
1 min |
September 05, 2025
Business World Philippines
United Print and Multimedia Group's reading campaign commences at Gen. Gregorio Del Pilar Elementary School
THE UNITED PRINT and Multimedia Group (UPMG) recently held an event filled with fun and learning at the Gen. Gregorio Del Pilar Elementary School as part of its \"Back To Basics\" reading campaign, in partnership with the Ad Standard Council.
1 min |
September 05, 2025
Business World Philippines
Anisimova shocks second seed Swiatek to make US Open last 4
Amanda Anisimova flipped the script on Wednesday by ousting second seed Iga Swiatek 6-4, 6-3 to reach her first US Open semifinal, exacting revenge for one of the most brutal defeats in Grand Slam history.
2 min |
September 05, 2025
Business World Philippines
Stocks up on bargain hunting after five-day slide
PHILIPPINE STOCKS inched up on Thursday as investors picked up bargains following the market's five-day slide.
2 min |
September 05, 2025
Business World Philippines
Petron launches $550-M exchange, tender offer for securities
PETRON CORP. is offering investors the option to exchange $550 million worth of its existing securities for new ones, or to sell them back for cash.
1 min |