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Business World Philippines

Oil prices extend gains after US imposes new sanctions on Russia

Oil prices extended gains after settlement on Wednesday after the US imposed Ukraine-related sanctions on Russia, targeting oil companies.

1 min  |

October 24, 2025

Business World Philippines

BoJ likely to raise rates as soon as December, ex-exec says

Banks, from S2/1

2 min  |

October 24, 2025

Business World Philippines

QCinema showcases Quezon City’s strengths on its 13th year

THE QCINEMA International Film Festival returns for a 13 year with new sections and expanded programs.

6 min  |

October 24, 2025

Business World Philippines

What France and others can learn from Sweden’s hard budget lessons

When Sweden’s then-Finance Minister Goran Persson dashed to New York during the country’s early 1990s financial crisis to plead with Wall Street investors to keep buying its debt, he stayed in a budget hotel infested with cockroaches.

3 min  |

October 24, 2025

Business World Philippines

DPWH enlists PCC to deter collusion in infra bidding

THE Department of Public Works and Highways (DPWH) said it has tapped the Philippine Competition Commission (PCC) to propose methods to deter collusion in bidding for infrastructure projects.

1 min  |

October 24, 2025

Business World Philippines

Regulator calls mining industry push for sustainability ‘transformative'

MINES and Geosciences Bureau (MGB) Director Michael V. Cabalda said the mining industry’s sustainability efforts have been “transformative,” after a significant number of companies were recognized for their improved practices.

1 min  |

October 24, 2025

Business World Philippines

SM underscores practical sustainability at industry forum

SM INVESTMENTS CORP. (SM Investments), the parent company of the SM group, emphasized its practical approach to sustainability at “The Dirty Work of Doing Good,” a sustainability conference organized by the French Chamber of Commerce and Industry in the Philippines.

1 min  |

October 24, 2025

Business World Philippines

Kabir Buxani named Chief Executive Officer of SONAK Retail Group

SONAK GROUP, a dynamic force in the sports, lifestyle and fashion industries, is proud to announce the appointment of Kabir Buxani as the new chief executive officer (CEO) of SONAK Retail Group.

1 min  |

October 24, 2025
Business World Philippines

Business World Philippines

Ready, fire, aim: How to refocus your business for sustainable growth

Ready, fire, aim, Entrepreneurs are advised to start a business this way, to just start and then make adjustments later on.

4 min  |

October 23, 2025

Business World Philippines

PHI may top 2024 sales performance

MEGAWIDE CORP. on Wednesday said real estate unit PH1 World Developers, Inc. is on track to exceed its 2024 performance after sales surged in the first nine months of the year, driven by strong demand for its projects in Cavite.

1 min  |

October 23, 2025
Business World Philippines

Business World Philippines

Old house, new rules

IT’S THE STORY of a house, a family, and food.

2 min  |

October 23, 2025

Business World Philippines

Goodbye tension, hello pension

In the first part of our discussion, we highlighted the importance of creating robust retirement plans that exceed the minimum requirements set by Philippine retirement laws.

3 min  |

October 23, 2025
Business World Philippines

Business World Philippines

Philippine data center capacity may hit 1.5 GW by 2028 — DICT

THE PHILIPPINES’ data center capacity could reach 1.5 gigawatts (GW) by 2028 as more operators, both local and foreign, set up facilities in the country next year, the Department of Information and Communications Technology (DICT) said.

2 min  |

October 23, 2025
Business World Philippines

Business World Philippines

Nearly 30,000 homebuyers to join DHSUD, Pag-IBIG Fund at National Housing Expo on Oct. 23-24

Nearly 30,000 potential homebuyers are expected to attend the National Housing Expo as the Department of Human Settlements and Urban Development (DHSUD), Pag-IBIG Fund, key government shelter agencies, and private developers showcase housing opportunities at the World Trade Center in Pasay City on Oct. 23 and 24.

2 min  |

October 23, 2025

Business World Philippines

Twilio, telcos to launch silent network authentication in PHL

American customer engagement platform Twilio, Inc. is working with local telecommunications companies (telcos) to launch its silent network authentication (SNA) channel in the Philippines by 2026, as more banks shift away from onetime passwords (OTPs) to stronger authentication methods.

1 min  |

October 23, 2025
Business World Philippines

Business World Philippines

Gunboat diplomacy: How classic naval coercion has evolved into hybrid warfare on the water

Over the summer, the United States deployed warships to the Caribbean — ostensibly to menace drug traffickers but also as a none-too-subtle warning to Venezuela.

3 min  |

October 23, 2025

Business World Philippines

Online gambling's huge social costs outweigh 'minimal' economic contribution, DEPDev says

THE PHILIPPINES' economic planning department on Wednesday expressed its support for either an outright ban of online gambling operations or tighter regulations for the sector, a position that might give lawmakers impetus to crack down on the industry that has come under scrutiny due to its social impact.

3 min  |

October 23, 2025

Business World Philippines

Sweden provides $1.3-M grant for Subic-Clark-Manila-Batangas rail

THE Subic-Clark-Manila-Batangas (SCMB) railway project has received a grant of $1.3 million from Sweden, the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) said.

1 min  |

October 23, 2025

Business World Philippines

ERC considers removing limits on grid intake from new power units

THE Energy Regulatory Commission (ERC) said it is considering removing the limits on the capacity that new power generating units can feed into the grid.

1 min  |

October 23, 2025

Business World Philippines

Batangas tourism thrives in the shadow of Taal Volcano

FOR CLUB BALAI ISABEL, a lakeside resort in Talisay, Batangas province, Taal Volcano, one of the Philippines' most iconic natural landmarks, is both an economic lifeline and an ever-present risk.

3 min  |

October 23, 2025

Business World Philippines

More US capital flowing to Asia as dollar weakens

GLOBAL INVESTORS with heavy US exposure are steadily shifting more capital to Asia as the dollar loses steam and the region’s fundamentals shine, according to the co-chief executive officer of KKR & Co.

2 min  |

October 23, 2025

Business World Philippines

GDP growth likely below target in Q3

TYPHOONS and the ongoing corruption scandal involving government flood control projects may have led to slower economic growth in the third quarter, the University of Asia and the Pacific (UA&P) said.

3 min  |

October 23, 2025

Business World Philippines

Meralco partners with US firm Itron for smart meter rollout

MANILA ELECTRIC CO. (Meralco) has partnered with US-based Itron, Inc. to support the deployment of smart meters as part of its grid modernization program.

1 min  |

October 23, 2025

Business World Philippines

Dodgers’ Blake Snell, Yoshinobu Yamamoto to start Games 1-2

GIVEN the Los Angeles Dodgers' starting pitching dominance in the postseason, manager Dave Roberts could pick anybody in the rotation and feel good about his team's chances.

1 min  |

October 23, 2025
Business World Philippines

Business World Philippines

Exclusive seafood

Get free sushi, priority on holidays, discounts and more with Cold Storage membership card

1 min  |

October 23, 2025

Business World Philippines

Term deposit yields go down on easing hopes

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits dropped further on Wednesday on strong market demand amid expectations of further policy rate cuts.

2 min  |

October 23, 2025

Business World Philippines

Peso plunges to near nine-month low

THE PESO plunged to a near nine-month low against the dollar on Wednesday as market players awaited US inflation data and following the sharp decline in gold prices.

1 min  |

October 23, 2025

Business World Philippines

Fed to trim rates twice more this year; 2026 rate path very unclear

— The US Federal Reserve will lower its key interest rate by 25 basis points (bps) next week and again in December, according to a Reuters poll of economists who remain deeply divided on where rates will be by the end of next year.

2 min  |

October 23, 2025

Business World Philippines

DTI overhauls PCAB, tightens licensing rules

THE GOVERNMENT is set to implement major reforms in the country’s contractor licensing system as it overhauls the Philippine Contractors Accreditation Board (PCAB) amid investigations into anomalous flood control projects, Trade Secretary Ma. Cristina A. Roque said on Wednesday.

2 min  |

October 23, 2025

Business World Philippines

Budget cuts to cash aid for displaced workers could hurt 1M Filipinos

A MILLION Filipinos may be affected by the reduction in the Labor department's budget for its livelihood program for displaced workers, a senator said on Wednesday.

1 min  |

October 23, 2025