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Business World Philippines

BSP bills’ rates rise on weak demand

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities inched higher on Friday as both tenors went undersubscribed after the offer volume was increased.

3 min  |

September 29, 2025

Business World Philippines

Key insights from the BIR’s revised APA draft regulations

By releasing a revised draft of the APA regulations and seeking comments from stakeholders, the BIR has taken the right step in setting in place an APA program for the Philippines.

4 min  |

September 29, 2025

Business World Philippines

Copper slides as supply concerns affect demand

Copper prices fell on Friday as this week’s rally, driven by supply concerns following an accident at the world’s second-largest mine, impacted demand.

1 min  |

September 29, 2025
Business World Philippines

Business World Philippines

AI, sustainability, and shared values

Classrooms of the future:

4 min  |

September 29, 2025
Business World Philippines

Business World Philippines

Peso breaches P58 amid flood probe, Fed signals

THE PHILIPPINE PESO slumped past the P58-a-dollar mark on Thursday as a widening corruption scandal over state flood control projects weighed on sentiment and hawkish signals from the US Federal Reserve supported the greenback.

1 min  |

September 26, 2025

Business World Philippines

BSP’s P500,000 cash withdrawal limit ‘not foolproof’ — analysts

THE BANGKO SENTRAL ng Pilipinas' (BSP) new P500,000 cap on daily cash withdrawal may make money laundering more difficult but unlikely to completely deter it, analysts said.

4 min  |

September 26, 2025
Business World Philippines

Business World Philippines

Redeeming the Philippines

The Trillion Peso March last Sunday was no street carnival, no fleeting tantrum. It was a thunderclap, a warning shot across the bow of a ship of state drifting into dangerous waters. It was the people proclaiming, with unmistakable clarity: the Republic does not belong to politicians, contractors, and their accomplices. It belongs to its citizens — the millions who work, pay taxes, and cling still to the promise of democracy.

4 min  |

September 26, 2025

Business World Philippines

Green equity tag requires over 50% green revenues, investments

THE SECURITIES and Exchange Commission (SEC) has released the country’s first green equity guidelines, requiring companies to derive over half of their revenues from environmentally sustainable activities and allocate most of their investments toward such initiatives to qualify for the label.

1 min  |

September 26, 2025

Business World Philippines

Beyond collection:

Reforming tax systems for inclusive growth in ASEAN+3

3 min  |

September 26, 2025

Business World Philippines

BSP says no bank runs as AMLC freezes 700 assets linked to flood scam

THE BANGKO SENTRAL NG PILIPI-NAS (BSP) said there has been no sign of bank runs despite the freezing of more than 700 accounts and assets linked to the multibillion-peso fraud in government flood control projects.

1 min  |

September 26, 2025

Business World Philippines

Infrastructure spending slumps in July amid flood control mess

STATE INFRASTRUCTURE spending declined by 25% in July, amid sluggish disbursements by the Department of Public Works and Highways (DPWH), the Budget department said.

3 min  |

September 26, 2025

Business World Philippines

Digital transparency for a cleaner Philippine budget

Corruption in public spending isn’t an abstraction for Filipinos; we see it every time a “completed” project turns out to be a patch of mud or a slab that cracks after the first rain.

4 min  |

September 26, 2025

Business World Philippines

BSP open to October cut if growth slows

THE BANGKO SENTRAL ng Pilipinas (BSP) could lower borrowing costs as early as October if the economy shows signs of losing momentum, BSP Governor Eli M. Remolona, Jr. said, suggesting that policymakers are not ruling out further easing even after cutting rates for three straight meetings.

2 min  |

September 26, 2025

Business World Philippines

NG to borrow P437B locally in Q4

THE NATIONAL GOVERNMENT (NG) is looking to borrow P437 billion from the domestic market in the fourth quarter, the Bureau of the Treasury (BTr) said on Thursday.

3 min  |

September 26, 2025

Business World Philippines

Nearly half of all households growing their own food in response to hardships — SWS

SOME 49% of households said they are producing at least some of their own food due to economic difficulties the Social Weather Stations (SWS) survey organization said.

1 min  |

September 26, 2025

Business World Philippines

PHL, Singapore start double taxation talks

THE Philippines and Singapore have started negotiations to update their 1997 double taxation agreement (DTA), the Department of Finance (DoF) said.

1 min  |

September 26, 2025

Business World Philippines

Copper extends gains on improving China demand

COPPER hit its highest in more than 15 months on Wednesday after Freeport-McMoran Inc declared force majeure at its Grasberg mining complex in Indonesia and slashed production guidance for 2026.

1 min  |

September 26, 2025

Business World Philippines

Arabica coffee gains 4% as cocoa also up; sugar down

Arabica coffee futures on ICE gained 4% on Wednesday, recouping the prior session’s steep losses, while cocoa futures closed up and further away from this week’s two-month lows.

1 min  |

September 26, 2025

Business World Philippines

Hong Kong, Sri Lanka, Chile and Bangladesh seeking to join world’s largest trade bloc

Hong Kong, Sri Lanka, Chile and Bangladesh are seeking to join the China-backed Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade bloc, Southeast Asian officials said on Thursday.

1 min  |

September 26, 2025

Business World Philippines

US judge blocks Trump from tying states’ disaster aid to immigration enforcement

A FEDERAL JUDGE ruled on Wednesday that an effort by the Trump administration to force states to cooperate with immigration enforcement in order to receive billions of dollars in emergency and disaster aid is unlawful and unconstitutional.

1 min  |

September 26, 2025

Business World Philippines

ADB open to expanding support for flood-resilience projects in PHL

THE Asian Development Bank (ADB) said it is open to expanding its flood-resilience initiatives in the Philippines as infrastructure projects come under closer scrutiny.

1 min  |

September 26, 2025

Business World Philippines

Converge says prepaid brand Surf2Sawa reaches half a million users

CONVERGE ICT Solutions, Inc. said its prepaid brand Surf2Sawa (S2S) has reached 500,000 active subscribers two years after its launch, reflecting adoption among budget-conscious broadband users.

1 min  |

September 26, 2025

Business World Philippines

Fear of deportation grips undocumented women on California's farms

At this time of the year, Maria should be hard at work picking grapes in California’s Central Valley, a crop so huge that it typically takes tens of thousands of workers to harvest.

2 min  |

September 26, 2025

Business World Philippines

Public works slowdown starting to affect sales of European suppliers

EUROPEAN COMPANIES, particularly those involved in construction, are reporting a slowdown in orders as an offshoot of the corruption scandal in public works, the European Chamber of Commerce of the Philippines (ECCP) said.

2 min  |

September 26, 2025
Business World Philippines

Business World Philippines

PHL stocks drop as peso tumbles versus dollar

PHILIPPINE STOCKS slipped to the 6,000 level on Thursday as weak sentiment and a soft peso dragged all sectoral indexes lower.

1 min  |

September 26, 2025

Business World Philippines

NGCP’s P93.68-B capex projects await ERC nod

THE National Grid Corp. of the Philippines (NGCP) has P93.68 billion in proposed capital expenditure (capex) projects awaiting approval from the Energy Regulatory Commission (ERC).

2 min  |

September 26, 2025

Business World Philippines

Stuff to Do

AT Shangri-La Plaza, an immersive space about the beauty of skin, showcased in a way that art comes to life, will open this weekend.

2 min  |

September 26, 2025

Business World Philippines

DoTr reviews LRMC proposal to finish grand station

THE UNSOLICITED proposal of Light Rail Manila Corp. (LRMC) to complete the terminated contract for the construction of the Unified Grand Central Station at North Avenue-EDSA, Quezon City, is now under review, the Department of Transportation (DoTr) said, noting that it hopes to award the contract by the end of the year.

1 min  |

September 26, 2025

Business World Philippines

Kimmel’s return to ABC attracts his biggest audience ever

JIMMY KIMMEL'S return to late-night TV on Tuesday drew 6.26 million viewers, Walt Disney Co's ABC network said in an emailed statement, the most ever in the show’s regular time slot.

2 min  |

September 26, 2025

Business World Philippines

US equities close lower as investors book profits after Fed chair comment

US stocks closed lower for a second straight session on Wednesday, as investors booked profits with indexes near record levels after US Federal Reserve Chair Jerome H. Powell flagged potentially stretched stock prices and ahead of a reading on inflation later in the week.

2 min  |

September 26, 2025