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Business World Philippines

TikTok settles social media addiction lawsuit ahead of trial against Meta and YouTube

TikTok agreed to settle a landmark lawsuit on social media addiction on Tuesday, according to one of the plaintiff's lawyers, the same day the trial was due to start against two remaining companies.

1 min  |

January 29, 2026

Business World Philippines

Kia Philippines eyes more models after 16.7% sales growth in 2025

KIA PHILIPPINES, a subsidiary of ACMobility, is planning to introduce more models this year after reporting 16.7% growth in retail sales in 2025.

1 min  |

January 29, 2026

Business World Philippines

Landers Fairview 'temporarily' closes following fire

LANDERS SUPERSTORE announced the temporary closure of its Fairview branch in Quezon City after a fire broke out on Wednesday.

1 min  |

January 29, 2026

Business World Philippines

Oil prices soar as winter storm slams US output

Oil prices settled 3% higher on Tuesday as producers reeled from a winter storm that hobbled crude production and drove US Gulf Coast crude exports to zero over the weekend.

1 min  |

January 29, 2026

Business World Philippines

BPI hopes to beat 2025 results as rate cuts drive loan demand

BANK of the Philippine Islands (BPI) hopes to beat its 2025 performance this year as further monetary easing could help drive loan demand despite weakening investor confidence amid domestic and global uncertainties.

2 min  |

January 29, 2026
Business World Philippines

Business World Philippines

Filinvest Land celebrates amenity unveiling, blessing of Alta Spatial

FILINVEST LAND marked a milestone with the official blessing and unveiling of its resort-inspired amenities at Alta Spatial, located in Karuhatan Road, Barangay Karuhatan, Valenzuela City.

1 min  |

January 29, 2026

Business World Philippines

Suzuki Philippines achieves historic third place ranking in 2025

SUZUKI PHILIPPINES extends its heartfelt appreciation to its dealer partners, bank partners, media friends, employees, and most importantly, its customers and the Filipino people, following its first-ever 3\" place ranking in overall automotive industry sales for 2025, based on official data released by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI).

1 min  |

January 29, 2026

Business World Philippines

Special permits to cover routes of suspended Aleson Shipping

THE DEPARTMENT of Transportation (DoTr) said the Maritime Industry Authority (MARINA) is set to grant permits to other shipping lines to operate on routes previously served by Aleson Shipping Lines, Inc. while the company remains suspended.

1 min  |

January 29, 2026
Business World Philippines

Business World Philippines

Amazon bungles layoff plan on Wednesday with misfired internal e-mail

Amazon on Tuesday appeared to have prematurely alerted Amazon Web Services (AWS) cloud-computing employees to layoffs planned for Wednesday morning by sending a commiseration email and team-wide meeting invitation hours early.

1 min  |

January 29, 2026
Business World Philippines

Business World Philippines

Manila Water taps up to P27-B BDO loan for Wawa project

RAZON-LED Manila Water Co., Inc. has secured a loan facility of up to P27 billion from BDO Unibank, Inc. to finance a portion of its acquisition of the Wawa Bulk Water Supply Project.

1 min  |

January 29, 2026

Business World Philippines

Hog, poultry production up in Q4; cattle down

LIVESTOCK production was mixed in the fourth quarter of 2025, with hog, chicken, and chicken egg output growing on a seasonally adjusted basis and cattle production declining, the Philippine Statistics Authority (PSA) said.

1 min  |

January 28, 2026

Business World Philippines

P1.19-T National Tax Allotment released to local governments

THE National Tax Allotment (NTA) of P1.19 trillion has been released to local government units (LGUs), the Department of Budget and Management (DBM) said.

1 min  |

January 28, 2026

Business World Philippines

Shares up on bargain hunting, Wall Street's rise

THE MAIN STOCK benchmark rebounded on Tuesday and returned to the 6,300 level as investors picked up bargains following the market's two-day slump, tracking Wall Street's climb overnight.

2 min  |

January 28, 2026

Business World Philippines

BIR establishes dedicated service counters for RBEs

THE Bureau of Internal Revenue (BIR) said it established dedicated service counters to streamline tax filing and payment by registered business enterprises (RBEs).

1 min  |

January 28, 2026

Business World Philippines

Funding for vetoed RACE program still under discussion — Trade department

THE Department of Trade and Industry (DTD said it is still in discussions for funding a vetoed incentive program known as Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE).

1 min  |

January 28, 2026

Business World Philippines

Special and immigrant visas for foreign entrepreneurs and investors in the Philippines

Public interest is a paramount consideration underlying Philippine immigration policy.

3 min  |

January 28, 2026

Business World Philippines

A strategic reality: The Malampaya discovery and energy security

President Ferdinand Marcos, Jr. announced some good news last week - the discovery of a major natural gas field about five kilometers east of the existing Malampaya field.

3 min  |

January 28, 2026

Business World Philippines

It’s ICE that ‘engineered chaos’ in my Minneapolis community

ON SATURDAY MORNING, Border Patrol agents fatally shot Alex Pretti on a busy Minneapolis street.

3 min  |

January 28, 2026

Business World Philippines

Isuzu Philippines remains top truck brand with 42.2% market share

ISUZU PHILIPPINES CORP. said it achieved 42.2% market share in truck sales last year after selling 4,794 units.

1 min  |

January 28, 2026
Business World Philippines

Business World Philippines

Civic mindedness is a must to fight corruption: Lessons from Singapore

The focus of Japanese character formation is always group responsibility, in great contrast with the philosophy of individualism prevalent in Western societies.

4 min  |

January 28, 2026

Business World Philippines

FPI says steel industry also under pressure from imports

THE Federation of Philippine Industries (FPI) said key domestic producers are facing competitive pressures which merit government intervention, following the safeguard measures imposed on cement imports.

1 min  |

January 28, 2026

Business World Philippines

DoTr orders Aleson Shipping Lines to suspend passenger operations

THE Department of Transportation (DoTr) has ordered Aleson Shipping Lines, Inc. to suspend all passenger operations following the sinking of one of its vessels.

1 min  |

January 28, 2026

Business World Philippines

PLDT plans P1.22- billion subscription to Kayana shares

PANGILINAN-LED PLDT Inc. said its board of directors has approved its subscription to additional shares in Kayana Solutions, Inc. for P1.22 billion.

1 min  |

January 28, 2026

Business World Philippines

Japan PM says alliance with US would crumble if Tokyo ignored Taiwan crisis

Prime Minister (PM) Sanae Takaichi said Japan's strategic alliance with the US would collapse if Tokyo were to turn away from a conflict in Taiwan but distanced herself from previous comments that suggested a possible military response in such an event.

1 min  |

January 28, 2026

Business World Philippines

First butoh gathering in Asia platforms dance performances, cultural discourse

THE Asia Butoh Gathering (ABG) 2026, led by the Kapwa Movement and the Japan Foundation, Manila, is set to take place on the first week of February.

3 min  |

January 28, 2026

Business World Philippines

Power distributors’ deadline for tariff proposals extended

THE Energy Regulatory Commission (ERC) said private distribution utilities (PDUs) have been allowed more time to file their proposed electricity tariffs.

1 min  |

January 28, 2026

Business World Philippines

Trade gap falls to 4-year low in 2025

THE Philippines’ trade-in-goods deficit narrowed to a four-year low in 2025, as exports rose by doubledigits and import growth remained muted, the Philippine Statistics Authority (PSA) reported on Tuesday.

5 min  |

January 28, 2026
Business World Philippines

Business World Philippines

Landfill inspections to be completed this quarter

THE Department of Environment and Natural Resources (DENR) said it hopes to complete a comprehensive national review of landfill facilities by the end of the first quarter, following the recent collapse of a landfill in Cebu City.

2 min  |

January 28, 2026
Business World Philippines

Business World Philippines

EDCOM II proposes education spending of at least 5.5% of GDP

THE Second Congressional Commission on Education (EDCOM II) is pushing for a 10-year education development plan that will set minimum education spending at 5.5% of gross domestic product (GDP) by 2035.

1 min  |

January 28, 2026

Business World Philippines

Trump to raise tariffs on S. Korean imports after trade deal delays

President Donald J. Trump said on Monday he was raising tariffs on US imports of South Korean autos and other goods, blaming the legislature of an ally and a major trading partner for dragging its feet on enacting a deal agreed last year.

3 min  |

January 28, 2026