Newspaper
Business World Philippines
Indonesia's central bank raises rates in surprise move to prop up sinking rupiah
Indonesia’s central bank raised interest rates by 25 basis points (bps) on Tuesday in an unexpected off-cycle rate hike, taking the benchmark rate to 5.5% as it moves to stabilize the rupiah, which has hit a series of record lows.
2 min |
June 10, 2026
Business World Philippines
Gold bullion erases losses despite strong US jobs data
GOLD steadied on Monday as prospects for a potential Israel-Iran ceasefire helped the metal rebound from session lows, though strong US jobs data boosted expectations of a US Federal Reserve rate hike and limited the upside.
1 min |
June 10, 2026
Business World Philippines
AI infra master plan assumes investment of $30 billion
THE Department of Information and Communications Technology (DICT) is projecting $30 billion worth of investments over the next seven years in its National Artificial Intelligence (AI) Infrastructure Master Plan.
1 min |
June 10, 2026
Business World Philippines
PNB, JCB International extend their partnership
PHILIPPINE National Bank (PNB) has strengthened its partnership with JCB International (JCB) to expand access to its services via worldwide acceptance.
1 min |
June 10, 2026
Business World Philippines
PNB Holdings wins regional awards from APAC Insider
APAC Insider has conferred two distinctions on PNB Holdings Corp. (PHC) at the South East Asia Business Awards 2026.
1 min |
June 10, 2026
Business World Philippines
Lopez group questions First Gen deal terms
THE LOPEZ FAMILY majority has raised concerns over the structure and disclosure of First Gen Corp.’s planned investment in the hydropower business of Prime Infrastructure Capital, Inc., reviving tensions within the family weeks after both sides signaled a pause in their dispute.
2 min |
June 10, 2026
Business World Philippines
Agricultural exports increase 33.2% in April
AGRICULTURAL EXPORTS rose 33.2% year on year in April to $1.03 billion and were up 38.5% from a month earlier, the Philippine Statistics Authority reported.
1 min |
June 10, 2026
Business World Philippines
Father’s Day staycation deals at Megaworld Hotels & Resorts within the Metro
Megaworld Hotels & Resorts (MHR) invites families to celebrate the fathers and father figures in their lives through meaningful staycations.
1 min |
June 10, 2026
Business World Philippines
Rationalizing spectrum user fees in the age of 4G and 5G
At the core of Republic Act No. 12234 or the Konektadong Pinoy Act (KPA), which took effect on Sept. 14, 2025, is the policy objective of expanding digital connectivity while promoting fair competition and efficient use of spectrum resources.
2 min |
June 10, 2026
Business World Philippines
Zverev first Slam
Alexander Zverev finally climbed the mountain on Sunday, falling flat on his back at Roland Garros after outlasting Flavio Cobolli in five sets to claim the French Open title and, with it, the first Grand Slam trophy of his career.
2 min |
June 10, 2026
Business World Philippines
GSIS expands mall-based service hubs across Metro Manila, nearby areas
THE GOVERNMENT Service Insurance System (GSIS) continues to bring its services closer to members and pensioners through the expansion of its mall-based Ginhawa Service Hubs in key commercial centers in Metro Manila and nearby provinces.
1 min |
June 10, 2026
Business World Philippines
Crude oil prices climb after Israel, Iran say they have halted attacks
Crude oil prices settled $1 higher after rising more than 5% earlier in the session on Monday as Iran and Israel said they had halted attacks on each other following an appeal from US President Donald J. Trump.
1 min |
June 10, 2026
Business World Philippines
M&S returns to PHL under MAP franchise deal
MARKS & SPENCER (M&S) will resume operations in the Philippines under a franchise agreement with Indonesian retail group PT Mitra Adiperkasa Tbk (MAP), marking a return to the market after its earlier exit under a previous operator.
2 min |
June 10, 2026
Business World Philippines
PSC convenes inter-agency panel to look into Ateneo’s tragic camp
THE Philippine Sports Commission (PSC) will get into the bottom of everything with regards to the tragic drowning incident that claimed the lives of Ateneo de Manila University (ADMU) players Rene Clert Baterbonia and Divine Adili during a team building in Aurora.
4 min |
June 10, 2026
Business World Philippines
Ayala Land to reopen Mandarin Oriental Manila in December
AYALA LAND, Inc.’s hospitality unit is set to reopen the Mandarin Oriental Manila in December, adding a luxury hotel property to Makati’s central business district as tourism and business travel demand continue to recover.
1 min |
June 10, 2026
Business World Philippines
PHL startup pitches nonelectric cooker as fuel-saving alternative
A MAKATI-BASED startup is promoting a nonelectric thermal cooker that it said could cut cooking fuel use by as much as 75% as households grapple with elevated electricity and fuel costs.
2 min |
June 10, 2026
Business World Philippines
China’s trade engine revs up as exporters ride AI wave
China’s export growth accelerated in May, buoyed by robust demand for chips, autos and other high-tech goods fueling the global artificial intelligence (AI) boom, giving policymakers some relief as energy price shocks from the Iran conflict weigh on broader demand.
2 min |
June 10, 2026
Business World Philippines
Synology sees rising PHL demand for AI-ready data storage solutions
Taiwan-based Synology, Inc. said Philippine enterprises, particularly small and medium enterprises (SME), are increasing investments in scalable and secure digital infrastructure as businesses adopt artificial intelligence (AI) and data-driven operations.
2 min |
June 10, 2026
Business World Philippines
Philippines considered less vulnerable to China’s Southeast Asian export push
THE Philippines is deemed less vulnerable compared to the rest of Southeast Asia to China’s re-direction of exports to the region after encountering trade barriers elsewhere, Moody’s Ratings said.
1 min |
June 10, 2026
Business World Philippines
Apple bets on overdue Siri fix to close AI gap
Apple on Monday rolled out a long-delayed overhaul of Siri, betting the upgraded assistant can help close the gap with Big Tech rivals and new-age start-ups in the crucial artificial intelligence (AI) race.
1 min |
June 10, 2026
Business World Philippines
London's first robotaxis expected in months, Uber says
Uber said its users could sign up from Monday for a chance to ride in London’s first robotaxis as soon as regulators give the go-ahead for launch, which it expects in the coming months.
1 min |
June 10, 2026
Business World Philippines
VinFast's ecosystem approach for PHL's electrified future
At the recently concluded 2026 Philippine International Motor Show (PIMS), visitors expecting to see rows and rows of vehicles quickly discovered that VinFast Philippines had something much more encompassing in mind.
4 min |
June 10, 2026
Business World Philippines
Bond yields jump with BSP seen staying hawkish
THE GOVERNMENT made a partial award of the dual-tenor Treasury bonds (T-bonds) it auctioned off on Tuesday as the market asked for higher yields on expectations of elevated inflation and rates as the Middle East conflict remains unresolved.
3 min |
June 10, 2026
Business World Philippines
Suzuki Philippines unveils All-New e VITARA at PIMS 2026
SUZUKI PHILIPPINES Inc. (SPH) officially marks a bold new chapter in its automotive journey with the unveiling of the All-New Suzuki e VITARA at this year’s Philippine International Motor Show (PIMS).
2 min |
June 10, 2026
Business World Philippines
San Miguel says NMIA runway still on track for 2028
SAN MIGUEL CORP. (SMC) said the first runway of the New Manila International Airport (NMIA) project in Bulacan remains on track for completion by 2028, although some supporting facilities are expected to be finished later than initially planned.
1 min |
June 10, 2026
Business World Philippines
Idealism as madness
THE IMAGINATIVE TALES and exploits dreamed up by the fictionalized version of famed writer Miguel de Cervantes speak to today’s realities quite potently in Repertory Philippines’ (REP) latest musical offering.
4 min |
June 10, 2026
Business World Philippines
Lawmaker denies ‘kickback’ allegations, files libel cases
REP. Bienvenido “Benny” M. Abante, Jr. on Tuesday filed cyberlibel and libel complaints against lawyer Levito D. Baligod, the 18 bagmen, and a media outlet over claims linking him to an alleged kickback scheme.
1 min |
June 10, 2026
Business World Philippines
Mindanao quake deaths rise to 48; gov't prioritizes medical aid, connectivity
THE Philippine disaster agency on Tuesday confirmed at least 48 deaths and 478 injuries following a massive magnitude 7.8 earthquake that struck the southern Philippine island of Mindanao on Monday morning.
1 min |
June 10, 2026
Business World Philippines
Prices frozen in General Santos after quake
THE Department of Trade and Industry (DTI) said it is freezing commodity prices for 60 days in General Santos City following the 7.8 magnitude earthquake that struck offshore southern Mindanao.
1 min |
June 10, 2026
Business World Philippines
MSME lending slows amid Iran war risks
LENDING to micro, small and medium enterprises (MSMEs) slowed as of March as both banks and borrowers turn more cautious amid tighter financial conditions.
1 min |