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Business World Philippines

Bill seeks mandatory 14th month pay for workers

A MEASURE seeking to mandate a 14th month pay for all private sector workers has been filed in the Senate amid the rising costs of basic goods and services.

1 min  |

August 18, 2025
Business World Philippines

Business World Philippines

After years of space struggles, Laoag school gains room to grow

ORIGINALLY built to serve elementary students, Buttong Integrated School (BulS) in Laoag City thrust into a new role in 2022 when it accommodating learners up to Grade 10.

1 min  |

August 18, 2025

Business World Philippines

FedEx to host webinar on navigating US trade policy changes

FEDERAL EXPRESS CORP. (FEDEX) is hosting a special webinar titled, “Understanding the Latest U.S. Tariff Changes and Their Impact ‘on Shipping” on Aug. 20 at 2 p.m. to 3 p.m.

1 min  |

August 18, 2025
Business World Philippines

Business World Philippines

Concentrix sets up P123-M KALIX health hub for 28,000 employees

CONCENTRIX PHILIPPINES said it has launched KALIX, a health hub worth over P123 million that is expected to provide free medical services to more than 28,000 employees and their dependents.

1 min  |

August 18, 2025

Business World Philippines

Crude oil prices plunge $1 ahead of Trump-Putin sanctions talks

Oil prices closed down nearly $1 on Friday as traders awaited talks between US President Donald J. Trump and Russian leader Vladimir Putin, which could lead to an easing of the sanctions imposed on Moscow over the war in Ukraine.

1 min  |

August 18, 2025
Business World Philippines

Business World Philippines

MR.DIY Philippines wins silver at Marketing Excellence Awards 2025

HOME IMPROVEMENT RETAILER MR.DIY Philippines took home a Silver award at the Marketing Excellence Awards 2025 held last Aug. 8 at the Grand Hyatt Manila.

1 min  |

August 18, 2025

Business World Philippines

Analysts see BSP order on gambling links weighing on e-wallets

THE Bangko Sentral ng Pilipinas’ (BSP) order directing electronic wallet (e-wallet) platforms to remove in-app links to online gambling sites is expected to weigh on their earnings and could delay the planned initial public offering (IPO) of GCash, analysts said.

2 min  |

August 18, 2025

Business World Philippines

PCC clears INFRONEER purchase of Sumitomo Mitsui

THE Philippine Competition Commission (PCC) said that it has cleared the acquisition of Japan’s IN-FRONEER Holdings, Inc.’s of Sumitomo Mitsui Construction Co., Ltd.

1 min  |

August 18, 2025

Business World Philippines

Lionel Messi, Inter Miami add to LA Galaxy’s rough season

LIONEL MESSI returned from injury on Saturday night and finished with a goal and an assist to propel host Inter Miami to a 3-1 victory over the Los Angeles (LA) Galaxy in Fort Lauderdale, Florida.

1 min  |

August 18, 2025

Business World Philippines

Carrying good vibes

THE SANSKRIT symbol and sound Om represents the universe — so how would you feel holding that in your hands?

2 min  |

August 18, 2025
Business World Philippines

Business World Philippines

Sinner ends Atmane’s dream run in Cincinnati Open

TOP seed and defending champion Jannik Sinner, playing on his 24\" birthday, ended French qualifier Terence Atmane’s dream run at the Cincinnati Open with a 7-6(4), 6-2 win on Saturday to reach the final of the US Open tuneup event.

2 min  |

August 18, 2025

Business World Philippines

Financial confidence growing in PHL but savings still low

THE feeling of financial security and confidence in the short term is growing, though long-term confidence is weaker, according to the findings ofa survey by Sun Life of Canada, Inc.

1 min  |

August 18, 2025

Business World Philippines

DBCC to present economic outlook to Congress as budget talks begin

THE Development Budget Coordination Committee (DBCC) will brief lawmakers on the Philippines’ economic outlook today, as Congress begins deliberations on the proposed P6.793-trillion national budget for next year, House Speaker Ferdinand Martin G. Romualdez said on Sunday.

1 min  |

August 18, 2025

Business World Philippines

Gov’t crackdown on corruption raises need for FOI law — analysts

PRESIDENT Ferdinand R. Marcos, Jr. should consider prioritizing the pending Freedom of Information (FOI) bills in Congress to help push for its approval, analysts said on Sunday, after he challenged investigative journalists to probe alleged irregularities in flood control projects.

2 min  |

August 18, 2025
Business World Philippines

Business World Philippines

Putin wins Ukraine concessions but did not get all he wanted

In a few short hours in Alaska, Vladimir Putin managed to convince Donald J. Trump that a Ukraine ceasefire was not the way to go, stave off US sanctions, and spectacularly shatter years of Western attempts to isolate the Russian president.

3 min  |

August 18, 2025

Business World Philippines

Ethical collaboration builds trust and ensures patient well-being

In today’s evolving healthcare landscape, the partnership between research-based pharmaceutical companies and healthcare professionals (HCPs) remains a cornerstone of patient well-being and medical progress. Rooted in a shared commitment to patients, evidence, innovation, and ethics, this collaboration ensures that lifesaving therapies are not only developed with scientific rigor but also reach the people who need them most.

3 min  |

August 18, 2025

Business World Philippines

Palay farmgate price falls 33.5% in July

THE average farmgate price of palay (unmilled rice) fell 33.5% year on year in July to an average of P16.40 per kilo, the Philippine Statistics Authority (PSA) said.

2 min  |

August 18, 2025

Business World Philippines

UK rules out bioethanol industry bailout

Britain’s government will not provide financial support to the struggling bioethanol industry, leaving a sector hit hard by the UK’s tariff deal with US President Donald Trump facing imminent collapse.

1 min  |

August 18, 2025

Business World Philippines

NGCP seeks expedited approvals to connect offshore wind projects

THE National Grid Corp. of the Philippines (NGCP) said it will require support to obtain expedited permits to connect offshore wind projects to the grid.

1 min  |

August 18, 2025
Business World Philippines

Business World Philippines

PLDT resumes talks to sell stake in data center unit

TELECOMMUNICATIONS company PLDT Inc. has resumed talks to sell a stake in its data center business, after previously shelving a $1-billion deal.

1 min  |

August 18, 2025
Business World Philippines

Business World Philippines

GameZone presents concert with Vice Ganda, Regine Velasquez-Alcasid

\"ASIA’S Phenomenal Box Office Superstar\" and GameZone’s first brand ambassador, Vice Ganda alongside \"Asia's Songbird\" Regine Velasquez-Alcasid shone brighter than ever in \"SuperDivas: The Concert\", held at the Smart Araneta Coliseum on Aug. 8-9

1 min  |

August 18, 2025

Business World Philippines

CMEPA: Catalyzing inclusive growth through smarter investment taxation

While there is still much work to be done, the goal to democratize access to wealth-building opportunities is clear. If implemented in tandem with inclusive strategies, CMEPA may truly realize its goal of efficient and accessible capital markets.

5 min  |

August 18, 2025
Business World Philippines

Business World Philippines

Rice, pork prices fall in early August

THE average retail price of rice fell to P47.15 per kilogram in the Aug. 1-5 period, which the Philippine Statistics Authority (PSA) calls the first phase of August, against P48.20 per kilo in the second phase of July.

1 min  |

August 18, 2025
Business World Philippines

Business World Philippines

Electric flex

Foton PHL showcases all-BEV CV lineup

3 min  |

August 18, 2025
Business World Philippines

Business World Philippines

Intel shares rise 4% on report of possible US government stake

INTEL shares rose nearly 4% on Friday on hopes of more financial aid for the turnaround of the struggling chipmaker after a report that the US government may buy a stake.

1 min  |

August 18, 2025
Business World Philippines

Business World Philippines

‘Kaya DITO’ campaign to empower Filipinos’ digital passions

FOLLOWING its recent recognition by Opensignal as the fastest network, clinching 14 out of 16 Network Experience Awards, DITO Telecommunity officially launches 'Kaya DITO', a nationwide movement celebrating Filipino digital empowerment and the boundless possibilities that come with superior connectivity.

1 min  |

August 18, 2025

Business World Philippines

Bargain hunting, BSP easing hopes may lift PSEi

PHILIPPINE STOCKS may continue to move sideways this week and get a lift from hopes of further monetary easing and bargain hunting as investors wait for new catalysts.

2 min  |

August 18, 2025

Business World Philippines

US stops visitor visas for people from Gaza

The US State department on Saturday said it was halting all visitor visas for individuals from Gaza while it conducts “a full and thorough” review, a move that has been condemned by pro-Palestine groups.

1 min  |

August 18, 2025
Business World Philippines

Business World Philippines

First AAP-sanctioned inter-island rally kicks off in Lubang

THE AUTOMOBILE Association Philippines (AAP) and the local government of Lubang, led by Mayor Michael Orayani, recently held the first-ever AAP-sanctioned inter-island rally. The two-day event opened with a challenging night rally on Friday, followed by a faster-paced day rally on Saturday — both series consisting of six special stages across Lubang’s paved roads.

2 min  |

August 18, 2025

Business World Philippines

AEV regains top spot in power generation with 23.9% share

ABOITIZ EQUITY VENTURES, INC. (AEV) regained its position as the country’s largest power producer this year, accounting for 23.86% of the national grid’s installed generating capacity, data from the Energy Regulatory Commission (ERC) showed.

1 min  |

August 18, 2025