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Business World Philippines

Long-term inflation expectations remain ‘anchored’ despite shocks

LONG-TERM INFLATION expectations remain anchored despite persistent price pressures driven by oil shocks stemming from the Middle East war, a study by the Bangko Sentral ng Pilipinas (BSP) Research Academy showed.

2 min  |

May 29, 2026

Business World Philippines

Yields on term deposits mostly steady as demand stays strong

THE BANGKO SENTRAL ng Pilipinas’ (BSP) term deposits fetched a nearly flat average rate on Thursday as the offer continued to draw strong investor demand amid still high liquidity and despite expectations of further monetary policy tightening.

2 min  |

May 29, 2026
Business World Philippines

Business World Philippines

Vehicle financing today: Who gets approved and at what cost?

VEHICLE FINANCING has been reshaping how individuals access mobility. As vehicle prices rise and macroeconomic conditions tighten, the ability to secure financing—and the cost of doing so—has become a decisive factor in purchase decisions.

4 min  |

May 29, 2026

Business World Philippines

Tourism’s share to GDP falls to lowest in 3 years

THE TOURISM industry’s contribution to the Philippine economy fell to its lowest level in three years in 2025, weighed down by weaker tourism spending by foreign visitors, according to data from the statistics agency.

3 min  |

May 29, 2026

Business World Philippines

Japan firms to boost PHL investments

PHILIPPINE President Ferdinand R. Marcos, Jr. secured around P260 billion in investment pledges from top Japanese companies during meetings in Tokyo, as Manila seeks to attract supply-chain relocation and shield the economy from geopolitical tensions and rising energy risks.

4 min  |

May 29, 2026

Business World Philippines

The cloud is not the country

A few years ago, when people spoke about digital government, the conversation usually centered on convenience.

4 min  |

May 29, 2026

Business World Philippines

Market-based property valuation seen to boost revenues but raise costs

THE PLANNED shift to a market value-based property valuation system could boost government revenues and improve investor confidence, though analysts warned it could also lead to higher property-related taxes and infrastructure costs.

2 min  |

May 29, 2026

Business World Philippines

Asialink Finance secures P500-million credit facility from Cathay United Bank

ASIALINK FINANCE Corp. (AFC) has secured a P500-million sustainability-linked social credit facility from Taiwan-based Cathay United Bank to boost financing for underserved sectors.

1 min  |

May 29, 2026

Business World Philippines

Spider-Noir TV series sews superhero suspense with noir-style story

Nicolas Cage says his new live-action series Spider-Noir will offer viewers a distinctive experience, with the option to watch it in black and white — “like an old movie” — or in highly saturated color designed to heighten visual intensity.

1 min  |

May 29, 2026
Business World Philippines

Business World Philippines

The real cost of owning a car

OWNING A CAR carries the feeling of having crossed a major life milestone. The first drive home from a dealership represents years of savings and the promise of convenience that finally belongs to the owner alone.

4 min  |

May 29, 2026
Business World Philippines

Business World Philippines

DOT welcomes three new direct flights from China, strengthens air connectivity and tourism recovery

For 39-year-old Chinese traveler Yang Yan of Hangzhou, business trips to the Philippines once began with a three-hour journey to Shanghai before boarding a connecting flight to Manila.

3 min  |

May 29, 2026

Business World Philippines

Analysts question credibility of revamped Senate Blue Ribbon body

THE reorganization of the Senate Blue Ribbon Committee under Senate President Alan Peter S. Cayetano could deepen negative public perception of the chamber and undermine the credibility of future investigations, political analysts said.

2 min  |

May 29, 2026

Business World Philippines

Global temperatures to reach near-record highs in next five years, report finds

Average global temperatures are forecast to reach near-record levels in the next five years, with Arctic temperatures expected to warm faster than other regions, a report by the United Nations weather agency and the UK’s Met Office said on Thursday.

2 min  |

May 29, 2026
Business World Philippines

Business World Philippines

NBA League to use AI for objective calls, Silver says

NBA Commissioner Adam Silver said the league will use artificial intelligence (AI) to automate a category of calls such as out-of-bounds decisions to speed up games and reduce disputes over possession.

1 min  |

May 29, 2026

Business World Philippines

Cooperatives bat for role in developing agriculture

THE Philippine Chamber of Cooperatives, Inc. (Coop Chamber) said agricultural cooperatives will play a key role in addressing the challenges faced by the farming industry.

1 min  |

May 29, 2026

Business World Philippines

Property developers seen pivoting to horizontal, township projects

THE construction industry is bracing for “immediate and pronounced” pricing pressure as a result of the fighting in the Middle East, leading them to concentrate on horizontal and township projects to better manage cost and logistics risks, according to Hearn & Hearn (HH) Consulting.

1 min  |

May 29, 2026

Business World Philippines

VVINK releases first album

A YEAR following their debut, P-pop girl group VVINK (pronounced “wink”) is set to solidify their musical identity with the release of their first full-length album.

3 min  |

May 29, 2026

Business World Philippines

ICC prosecutors to use insider witnesses in Duterte drug war trial

INSIDER WITNESSES are expected to play a key role in helping prosecutors establish that former President Rodrigo R. Duterte’s drug war was a “widespread and systematic” state policy when his trial opens at the International Criminal Court (ICC) on Nov. 30 in The Hague, a lawyer representing victims said on Thursday.

2 min  |

May 29, 2026
Business World Philippines

Business World Philippines

The Script to return to Manila in 2027

FOLLOWING concerts in Manila in 2011, 2013, 2018, 2022, and 2025, Irish rock band The Script will be back for more in 2027, unable to stay away for long from the Philippines, a country that has always welcomed them warmly.

2 min  |

May 29, 2026

Business World Philippines

Ferrari aims to prove doubters wrong after divisive EV debut

If Ferrari wanted to grab the world’s attention with the Luce, its first all-electric vehicle (EV), mission accomplished — even if much of the reaction has been shock and outrage.

2 min  |

May 29, 2026

Business World Philippines

Estrada faces plunder raps over flood control scandal

SENATOR Jose “Jinggoy” P. Ejercito Estrada, Jr. was charged with plunder and graft before the Sandiganbayan on Thursday for allegedly pocketing P573 million from the multibillion-peso flood control scam, marking the latest high-profile corruption case tied to infrastructure spending under the Marcos administration.

1 min  |

May 29, 2026

Business World Philippines

TV spin-off Star City delves into space race from behind the Iron Curtain

The new television drama Star City goes behind the Iron Curtain to look at the Soviet perspective of the Cold War space race.

1 min  |

May 29, 2026

Business World Philippines

PhilHealth seeks to boost benefits amid price shocks

THE PHILIPPINE Health Insurance Corp. (PhilHealth) will maintain its contribution rate and focus on expanding its benefits despite the energy crisis.

1 min  |

May 29, 2026

Business World Philippines

Parametric insurance can help improve financing access — BSP

PARAMETRIC INSURANCE can help make financing more accessible to sectors vulnerable to adverse weather and climate change, the Bangko Sentral ng Pilipinas (BSP) and the Insurance Commission said.

1 min  |

May 29, 2026
Business World Philippines

Business World Philippines

Find your Toyota CHOICE at PIMS 2026

Toyota PH invites visitors to discover the models, technologies, and ownership support that fit every journey at the Philippine International Motor Show

1 min  |

May 29, 2026

Business World Philippines

FILRT, Filinvest Land added to ATRAM SDG fund

FILINVEST REIT Corp. (FILRT) and Filinvest Land, Inc. (FLI) have been included in the ATRAM Philippine Sustainable Development and Growth (SDG) Fund portfolio, a local equity fund focused on companies that meet environmental, social, and governance (ESG) and financial performance criteria.

2 min  |

May 29, 2026

Business World Philippines

PPA working with GOCC regulator on possible revision of 2026 targets

THE Philippine Ports Authority (PPA) said it is working with its regulator on revised cargo and container volume targets for the year, which it expects to be affected by the fighting in the Middle East.

1 min  |

May 29, 2026

Business World Philippines

BEYOND BRUSHTROKES

Challenges are times when we are compelled to make hard decisions.

1 min  |

May 29, 2026

Business World Philippines

BP ousts Chair Albert Manifold citing governance and conduct issues

BP’S BOARD on Tuesday ousted Chair Albert Manifold and expressed serious concerns about his governance standards, oversight and conduct in the latest leadership turmoil to rock the oil major, driving its share price down as much as 10%.

1 min  |

May 29, 2026
Business World Philippines

Business World Philippines

Ginebra San Miguel Q1 earnings climb to P2.3B

GINEBRA SAN MIGUEL, Inc. (GSMI) said its first-quarter net income rose 9% to P2.3 billion in 2026 from P2.1 billion a year earlier, driven by improved margins and lower raw material costs.

1 min  |

May 29, 2026