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PHL rice samples added to seed vault in Norwegian Arctic
November 04, 2025
|Business World Philippines
ABOUT 4,417 samples of Philippine rice seed were added to the Svalbard Global Seed Vault in Norway, a secure Arctic facility that will be tapped should the world need to start agriculture from scratch in the event of a global calamity, the Department of Agriculture (DA) said in a statement.
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Many Philippine samples added in October were collected by the Philippine Rice Research Institute since the 1980s, with a further batch expected to be added next year to preserve global rice biodiversity, the DA said.
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Business World Philippines
T-bill rates end mixed before Oct. inflation data
THE GOVERNMENT upsized its award of the Treasury bills (T-bills) it offered on Monday, with yields ending mostly slightly higher as Philippine headline inflation likely picked up last month.
3 mins
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PHL to set up Indo-Pacific defense council with US, Japan and Australia
THE PHILIPPINES is joining the United States, Japan, and Australia in forming an intergovernmental defense council amid concerns over China’s “destabilizing” actions in the East and South China Sea, according to a joint readout of defense ministers’ meeting.
2 mins
November 04, 2025
Business World Philippines
The ASEAN Summit and Philippine trade; medium-term fiscal projections
The ASEAN summit in Malaysia ended on Oct. 28, then the APEC (Asia-Pacific Economic Cooperation) Summit in South Korea ended on Nov. 1. Both annual events focused on trade and economic diplomacy. Then therotating ASEAN chairmanship for 2026 was passed from Kuala Lumpur to Manilastarting Jan. Inextyear.
2 mins
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AboitizPower unit retires 12.4-MW Cebu diesel plant
ABOITIZ POWER CORP. (AboitizPower) said its unit East Asia Utilities Corp. has decommissioned a 12.4-megawatt (MW) diesel generator unit in Cebu after concluding that the facility was no longer viable for continued operation.
1 min
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Business World Philippines
Manufacturing activity bounces back in October despite further drop in new orders
PHILIPPINE MANUFACTURING activity rebounded in October, despite a further drop in new orders and output, according to S&P Global.
3 mins
November 04, 2025
Business World Philippines
Poll: GDP growth likely slowed in Q3
THE PHILIPPINE ECONOMY likely cooled in the third quarter as soft government spending, typhoons and corruption scandals weighed on growth momentum, economists said.
5 mins
November 04, 2025
Business World Philippines
PHL developers boost disaster resilience amid climate hazards
PROPERTY DEVELOPERS in the Philippines are increasingly integrating disaster-resilient and sustainable features in their projects, as recent earthquakes and extreme weather highlight the country’s vulnerability to natural hazards.
2 mins
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Business World Philippines
EastWest Bank net profit rises to P6.6B
EAST WEST Banking Corp’s (EastWest Bank) net income climbed by 14% year on year to P6.6 billion in the first nine months on higher revenues from its core businesses.
1 mins
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Business World Philippines
Still standing: 22 years of live music at 19 East
ONE VENUE immediately comes to mind for those recalling enjoying live music in the southern part of Metro Manila. Standing tall after over two decades of welcoming artists, bands, and music lovers with open arms (and a killer sound system!) is 19 East, which is turning 22 this month.
4 mins
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Banks keep lending standards steady
PHILIPPINE BANKS expect to keep their lending standards largely unchanged this quarter as they expect steady credit demand from both businesses and households, a survey by the Bangko Sentral ng Pilipinas (BSP) showed.
1 mins
November 04, 2025
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