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Business World Philippines
Phoenix coach Wilson debuts at Davao invitational
PHOENIX, under new coach Willy Wilson, is joining three other PBA ball clubs in a showdown in Davao to jumpstart the buildup for the pro league's 50th season.
1 min |
August 20, 2025
Business World Philippines
PHL stocks decline further before Fed symposium
PHILIPPINE STOCKS dropped further on Tuesday due to the absence of fresh leads, with investors looking ahead to the US Federal Reserve's Jackson Hole symposium later this week, where US central bank officials could provide hints on their policy stance.
2 min |
August 20, 2025
Business World Philippines
AstraZeneca to build Philippines’ first pharma innovation hub
THE Department of Trade and Industry (DTI said it tapped AstraZeneca Pharmaceuticals to help build the Philippines’ first pharma innovation hub.
1 min |
August 20, 2025
Business World Philippines
Copper prices fall on stronger dollar, uncertainty
Copper prices fell on Monday due to a stronger dollar and uncertainty ahead of a crucial event for the outlook for US interest rates and a meeting between US President Donald J. Trump and his Ukrainian counterpart Volodymyr Zelensky.
1 min |
August 20, 2025
Business World Philippines
Puregold targets to open 8 more stores by year-end
LISTED grocery retailer Puregold Price Club, Inc. plans to open eight new branches by the end of 2025 as part of its nationwide expansion strategy.
1 min |
August 20, 2025
Business World Philippines
Wall Street ends on muted note ahead of retailers’ earnings
WALL STREET’S main indexes closed roughly flat on Monday, after struggling for direction while investors awaited a raft of corporate earnings reports from major retailers for more signs about the state of the economy and the US Federal Reserve’s annual symposium in Jackson Hole.
2 min |
August 20, 2025
Business World Philippines
Sugarcane pests spread to 3,394 hectares of Visayas plantations
A PEST infestation in Visayas sugar plantations has been reported on 3,394 hectares (ha) as of Aug. 11, according to the Sugar Regulatory Administration (SRA).
1 min |
August 20, 2025
Business World Philippines
Maya Bank, Cebuana Lhuillier team up to boost MSME financing
MAYA BANK, Inc. has partnered with rural lender Cebuana Lhuillier to widen financing access for micro, small and medium enterprises (MSME), including mom-and-pop stores and micro-merchants.
1 min |
August 20, 2025
Business World Philippines
In response to Trump’s invasion comments, Taiwan says it must rely on itself for security
Taiwan must rely on itself for its security, the island’s foreign ministry said on Tuesday, responding to US President Donald J. Trump saying Chinese President Xi Jinping told him he would not invade the island while Mr. Trump was in office.
1 min |
August 20, 2025
Business World Philippines
Power co-ops to roll out services to 1,492 homes in five provinces
THE Department of Energy (DoE) said five electric cooperatives (ECs) will roll out services to 1,492 households in remote or underserved areas.
1 min |
August 20, 2025
Business World Philippines
Aboitiz Estates still fielding queries from potential investors despite new tariffs
POTENTIAL foreign investors continue to make inquiries about possibly locating operations in the Philippines even in the face of US tariff uncertainty, Aboitiz InfraCapital Economic Estates (AIC Economic Estates) said.
2 min |
August 20, 2025
Business World Philippines
Oil prices settle higher after Trump-Zelensky meeting
Oil prices settled 1% higher on Monday after talks between US President Donald J. Trump and his Ukrainian counterpart in the wake of an inconclusive US-Russia summit in Alaska on Friday.
2 min |
August 20, 2025
Business World Philippines
ATPI to add night shift to Makati operation
CORPORATE TRAVEL management company ATPI Philippines said it is seeking to expand operations at its International Center of Excellence (ICE) as demand recovers
1 min |
August 20, 2025
Business World Philippines
E-gambling firms want gov't to crack down on illegal operators
ONLINE GAMING companies said the government needs to focus on dismantling illegal gambling operators before restricting licensed platforms.
2 min |
August 20, 2025
Business World Philippines
Sports equipment company Head to create 700 jobs when Davao tennis ball factory starts operating fully
THE Philippine Economic Zone Authority (PEZA) said it expects 700 jobs to be created once Head Sport Philippines, Inc’s facility in Davao del Norte becomes fully operational.
1 min |
August 20, 2025
Business World Philippines
Intel gets $2-B lifeline in form of SoftBank equity investment
INTEL is getting a $2-billion capital injection from SoftBank Group in a major vote of confidence for the troubled US chipmaker that is in the middle of a turnaround effort.
2 min |
August 20, 2025
Business World Philippines
Gold prices steady as investors assess Trump-Zelensky meeting
GOLD PRICES were largely steady on Monday, as investors focused on US President Donald J. Trump’s meeting with Ukrainian and European leaders, and the US Federal Reserve's annual symposium in Jackson Hole this week.
1 min |
August 20, 2025
Business World Philippines
Agri department sees signs of monopoly in rice milling industry
THE Department of Agriculture (DA) said capacity utilization data are pointing to possible monopolies in rice milling, and signaled measures to bring utilization down to healthier levels.
1 min |
August 20, 2025
Business World Philippines
SC: Insurers liable for theft claims despite car recovery
INSURANCE companies remain liable for theft claims even if a stolen vehicle is later recovered, the Supreme Court (SC) said, as it ruled that recovery does not nullify the insured’s right to payment under an insurance policy.
1 min |
August 20, 2025
Business World Philippines
ERC proposes lower open access threshold
SMALL ELECTRICITY end-users will be able to choose their preferred power supplier soon as the Energy Regulatory Commission (ERC) is now looking to lower the threshold.
1 min |
August 19, 2025
Business World Philippines
Robust demand causes T-bill yields to go down
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday as rates dropped across all tenors on robust demand and expectations of further monetary easing by both the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve.
3 min |
August 19, 2025
Business World Philippines
NG debt to hit P24.7 trillion by 2030; debt-to-GDP ratio to fall to 58% - DoF
FINANCE Secretary Ralph G. Recto on Monday said the government is working to ensure that economic growth would outpace debt accumulation, as outstanding debt is projected to hit P24.7 trillion by 2030.
2 min |
August 19, 2025
Business World Philippines
PHL current account deficit seen to further widen over medium term
THE PHILIPPINES’ current account deficit could further widen over the medium term as global trade uncertainties affect external demand, Fitch Solutions unit BMI said.
2 min |
August 19, 2025
Business World Philippines
Secure online payments systems to help PHL in financial inclusion push
IMPROVING cybersecurity for online payments systems with the help of artificial intelligence (AI) solutions can push financial inclusion in the Philippines, payments technology company Global Payments, Inc. said.
2 min |
August 19, 2025
Business World Philippines
BTr sells P507 billion worth of RTBs
THE GOVERNMENT sold P507.16 billion worth of retail Treasury bonds (RTB), exceeding the target as investors sought better yields.
2 min |
August 19, 2025
Business World Philippines
Wider recovery signals new phase for PHL office market — Colliers
AFTER YEARS of turbulence, the Philippine office market is finally gaining ground, The first half of 2025 shows clear signs of a sector that is not only recovering, but recalibrating, Metro Manila is holding steady, provincial locations are accelerating and demand drivers — traditional compa-
3 min |
August 19, 2025
Business World Philippines
Powell has used Fed Jackson Hole symposium to battle inflation and buoy jobs; he's now caught between both
US Federal Reserve Chair Jerome H. Powell used the central bank’s annual Wyoming research conference to promise inflation-fighting rigor when it was needed in 2022, then last year he came to the defense of the job market with promises of lower interest rates when the unemployment rate seemed on asteady rise.
2 min |
August 19, 2025
Business World Philippines
Filipino-Ghanaian artist traverses genres
Jewel Owusu releases new single ahead of EP
2 min |
August 19, 2025
Business World Philippines
Gold rebounds on soft Treasury yields
GOLD rose after hitting a two-week low, supported by lower US Treasury yields as investors awaited US President Donald J. Trump's meeting with Ukrainian President Volodymyr Zelensky and European leaders to discuss a peace deal with Russia.
1 min |
August 19, 2025
Business World Philippines
On investment promotion and world peace
Last week, the Philippine Statistics Authority (PSA) released the data on approved foreign investments for the second quarter (Q2) of 2025. I checked and compared Q1 and Q2 2025 results over the same period in 2024.
3 min |