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Business World Philippines
BSP raises rates, signals more hikes
THE PHILIPPINE central bank increased its benchmark interest rate for the first time in more than two years, while signaling that more “small” interest rate hikes could follow to safeguard spiraling prices due to the Iran war.
4 min |
April 24, 2026
Business World Philippines
S&P 500, Nasdaq close at records on Iran ceasefire extension, earnings
US stocks climbed on Wednesday to send the S&P 500 and Nasdaq to closing records, after US President Donald J. Trump extended the ceasefire with Iran, with a round of solid corporate earnings providing additional support for optimism.
2 min |
April 24, 2026
Business World Philippines
Palace downplays ex-Speaker Romualdez’s remarks on Executive's role in flood mess
PRESIDENT Ferdinand R. Marcos, Jr. does not feel blamed by his cousin, former Speaker Ferdinand R. Martin G. Romualdez, after the lawmaker invoked “command responsibility” over the flood control scam, the Palace said on Thursday.
2 min |
April 24, 2026
Business World Philippines
NSCR north right-of-way acquisition rate tops 65%
THE Department of Transportation (DoTr) said it resolved 345 expropriation pleadings, raising the right-of-way (RoW) acquisition rate for the North-South Commuter Railway (NSCR) north segment to 65.5%.
1 min |
April 24, 2026
Business World Philippines
7-Eleven PHL plans 400 stores, up to P5-B capex for 2026
LISTED Philippine Seven Corp. (PSC) said it has set aside up to P5 billion in capital expenditures (capex) this year as it plans to open 400 additional stores by yearend, pushing ahead with expansion despite global uncertainties linked to the Middle East conflict.
1 min |
April 24, 2026
Business World Philippines
Tiong Bahru Singapore Flavours expands footprint in Philippines
TIONG BAHRU Singapore Flavours said it is continuing to expand its presence in the Philippines, adding new locations as it builds its network across Metro Manila and nearby areas.
1 min |
April 24, 2026
Business World Philippines
Old-school vs process-oriented hiring
The first thing to do is to treat recruitment like a production line.
3 min |
April 24, 2026
Business World Philippines
PHL jobs vulnerable to GenAI estimated at 28%
NEARLY 28% of jobs in the Philippines are now exposed to generative artificial intelligence (GenAI), placing the country at the upper end of the exposure scale across the Association of Southeast Asian Nations (ASEAN) region.
1 min |
April 24, 2026
Business World Philippines
VP Duterte denies hidden wealth claims
VICE-PRESIDENT (VP) Sara Duterte-Carpio on Thursday rejected allegations of hidden wealth, accusing political rivals of weaponizing state institutions amid impeachment proceedings at a House of Representatives panel.
4 min |
April 24, 2026
Business World Philippines
Iran war boosts European logistics profits as shipping chaos persists
EUROPEAN logistics companies are expected to report higher first-quarter profits, benefiting from the turmoil created by the US-Israeli war with Iran, but analysts said the conflict clouds their future outlook.
2 min |
April 24, 2026
Business World Philippines
South Korea’s air force apologizes after audit blames 2021 jet collision on mid-air selfies
South Korea’s air force apologized on Thursday for a 2021 midair collision involving two fighter jets, a day after auditors said pilots were taking selfies and filming during the flight and held them responsible for the accident.
1 min |
April 24, 2026
Business World Philippines
Filinvest unit secures ERC nod for Mindanao solar project
FDC GREEN ENERGY Corp., a wholly owned subsidiary of Filinvest Group’s utility arm, FDC Utilities, Inc., has secured government approval to connect its solar project in Mindanao to the grid, allowing it to begin commercial operations.
1 min |
April 24, 2026
Business World Philippines
PetroEnergy sees oil drilling in Africa finished this year
YUCHENGCO-LED PetroEnergy Resources Corp. (PERC) said it expects to complete its drilling campaign in offshore Gabon, West Africa, later this year, aiming to increase oil field production.
1 min |
April 24, 2026
Business World Philippines
Budget utilization rate hits 98.5% at end of March
GOVERNMENT AGENCIES posted a budget utilization rate of 98.5% in March, behind the year-earlier pace of 99%, the Department of Budget and Management (DBM) said.
1 min |
April 24, 2026
Business World Philippines
Robusta coffee rallies, recovering from 8-month low
NEW YORK — Robusta coffee futures on ICE rallied on Wednesday as diminished flows from Uganda and Indonesia helped prices to recover from eight-month lows hit this month, while arabica coffee also rose.
1 min |
April 24, 2026
Business World Philippines
Deutsche Telekom, T-Mobile in early talks for mega merger
Deutsche Telekom is exploring a deal to combine with T-Mobile US and create a transatlantic telecoms giant in what would be the largest ever public merger, two people familiar with the matter said.
2 min |
April 24, 2026
Business World Philippines
Philippine auto industry seen advancing amid volatility
WAR-DRIVEN SWINGS in oil prices move quickly to local fuel pumps.
4 min |
April 24, 2026
Business World Philippines
MREIT heads into next phase as it diversifies portfolio
MREIT, INC. said it is pushing through with its plan to expand into the retail segment as part of its next growth phase, marking a shift from its current focus on office assets.
1 min |
April 24, 2026
Business World Philippines
Gold bullion gains on bargain hunting after one-week low, US-Iran talks in focus
GOLD rose on Wednesday after dropping to more than a one-week low in the previous session on bargain hunting even as investors await a possible resumption of US-Iranian peace talks.
1 min |
April 24, 2026
Business World Philippines
Discovery and nostalgia
Orange & Lemons looking to attract old fans and new while embarking on Europe tour and readies all-English album
3 min |
April 24, 2026
Business World Philippines
Full throttle or brake check?: Rethinking automotive strategies in 2026
THE GLOBAL automotive industry in 2026 is navigating a transitional phase defined by uneven electrification, geopolitical pressures, and arecalibration of long-term strategies.
2 min |
April 24, 2026
Business World Philippines
ICC to try ex-President Duterte for crimes against humanity
Judges at the International Criminal Court (ICC) on Thursday confirmed all three counts of murder as crimes against humanity against former Philippine President Rodrigo R. Duterte and committed him to trial.
1 min |
April 24, 2026
Business World Philippines
Shares slip as market weighs BSP hike, ME war
PHILIPPINE SHARES declined further on Thursday on concerns over the Middle East (ME) conflict, with the Bangko Sentral ng Pilipinas (BSP) also delivering a rate hike to quell growing inflation pressures as the war continues to push up prices.
2 min |
April 24, 2026
Business World Philippines
Cebu Pacific extends Dubai flight suspension to end-May
BUDGET CARRIER Cebu Pacific (CEB) said it has extended the suspension of its Manila-Dubai flights until the end of May due to the worsening situation in the Middle East.
1 min |
April 24, 2026
Business World Philippines
Iran tightens control of Hormuz after US calls off renewed attacks
Iran seized two ships in the Strait of Hormuz as it tightened its grip on the strategic waterway after US President Donald J. Trump announced he was indefinitely calling off attacks, with no sign of peace talks restarting.
3 min |
April 24, 2026
Business World Philippines
The blind spot in Philippine credit and the case for full picture credit
A quiet contradiction sits at the heart of financial inclusion in the Philippines.
1 min |
April 24, 2026
Business World Philippines
Converging evidence for monetary policy tightening
By the time this column comes out Friday morning, the Bangko Sentral ng Pilipinas (BSP) must have acted, and acted correctly, by tightening monetary policy by at least 25 basis points (bps).
4 min |
April 24, 2026
Business World Philippines
PHL, Malaysia smooth over diesel-sourcing gaffe
THE PHILIPPINES and Malaysia reaffirmed their intent to cooperate on energy after clarifying the sourcing of shipment of diesel, which was obtained from a private trading company rather than Malaysian national oil company Petronas.
1 min |
April 24, 2026
Business World Philippines
Ayala Land, Inc. leans on leasing, trims spending amid global risks
AYALA LAND, Inc. (ALI) said it is scaling back capital spending and leaning more heavily on its leasing business as global uncertainties weigh on the property sector, signaling a more defensive stance.
3 min |
April 24, 2026
Business World Philippines
Fish landed at regional ports up 15% in March
THE Philippine Fisheries Development Authority (PFDA) said fish landed at regional fish ports totaled 50,608 metric tons (MT) in March, up 15.62% from a year earlier.
1 min |