Newspaper
Business World Philippines
Salmon Group raises $100M to support its PHL expansion
SALMON Group Ltd has raised $100 million from its latest fundraising round to support its continued expansion in the Philippines.
1 min |
April 21, 2026
Business World Philippines
BPI Q1 profit climbs to P16.9B
BANK of the Philippine Islands’ (BPI) net profit rose 1.7% in the first quarter, backed by continued growth in its loan portfolio and strong fee-based earnings.
2 min |
April 21, 2026
Business World Philippines
Philippine banks still in 'good shape' despite oil crisis — Remolona
Several Philippine banks have flagged concerns about their capital levels, but the broader financial system remains in “very good shape” despite shocks stemming from the Middle East conflict, the Bangko Sentral ng Pilipinas (BSP) said.
2 min |
April 21, 2026
Business World Philippines
Vehicle sales fall in March as high oil prices dent demand
NEW VEHICLE SALES declined by 10.4% in March as soaring pump prices dented demand for passenger cars and commercial vehicles, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA).
3 min |
April 21, 2026
Business World Philippines
BoP deficit widens to $2.6B in March
THE Philippines’ balance of payments (BoP) deficit widened in March, driven by the elevated trade gap and heightened geopolitical uncertainty, Bangko Sentral ng Pilipinas (BSP) data showed on Monday.
3 min |
April 21, 2026
Business World Philippines
The fiscal quandary posed by waiving excise tax
With an international conflict thousands of miles away turning into an on-the-ground daily battle of survival, Congress passed Republic Act (RA) No. 12316 aimed at providing relief in the face of the energy crisis.
4 min |
April 21, 2026
Business World Philippines
Energy department moves to limit oil price adjustments
THE GOVERNMENT has moved to limit fuel price adjustments as it aims to soften the impact of elevated costs on consumers who have questioned the pace of price rollbacks, Energy Secretary Sharon S. Garin said on Monday.
3 min |
April 21, 2026
Business World Philippines
Peso ends higher in cautious trade amid war, BSP rate bets
THE PESO strengthened versus the dollar on Monday in cautious trading as markets monitored developments between the United States and Iran and before the Bangko Sentral ng Pilipinas’ (BSP) policy meeting this week.
2 min |
April 21, 2026
Business World Philippines
Stocks wobble as ME ceasefire hangs in the balance
SINGAPORE — Oil prices jumped and stock futures fell on Monday as rising tensions in the Middle East (ME) kept shipping in and out of the Gulf to a minimum, though traders held out hope for a resolution and Asia’s equity markets breezed toward record highs.
1 min |
April 21, 2026
Business World Philippines
Ascott Ortigas Manila set to open this year
THE ASCOTT Ltd. is set to open its flagship Ascott brand in the Ortigas central business district this year, as the Singapore-based lodging operator builds on its expansion across Southeast Asia following a record year of signings.
2 min |
April 21, 2026
Business World Philippines
Hong Kong fire victims scour scorched homes for keepsakes
Victims of Hong Kong’s deadliest fire in decades began government-supervised visits to their ravaged former homes on Monday for the first time since the November blaze, looking to retrieve personal items that might have survived.
1 min |
April 21, 2026
Business World Philippines
Major 7.5-magnitude quake hits off Japan, triggers tsunami warnings
A magnitude 7.5 earthquake struck off the northeastern coast of Japan on Monday, as authorities urged residents to stay away from coastal areas where tsunami waves of up to 3 meters (9.84 feet) were expected.
1 min |
April 21, 2026
Business World Philippines
Condo pressures spur developer diversification
AS THE Metro Manila condominium market continues to face challenges, several developers are aggressively pursuing geographic diversification.
2 min |
April 21, 2026
Business World Philippines
RCBC Trust’s AUMs rise to P220.6 billion
RCBC TRUST Corp., the standalone trust and investment arm of listed Rizal Commercial Banking Corp. (RCBC), recorded a 13% increase in assets under management (AUM) in 2025 as it continued to grow its fee-based income and wealth management services.
1 min |
April 21, 2026
Business World Philippines
Megawide redeems P1.5-billion preferred shares to cut funding costs
MEGAWIDE Construction Corp. has redeemed its maturing P1.5-billion preferred shares to improve its capital structure and reduce funding costs.
1 min |
April 21, 2026
Business World Philippines
Sibling rivalry takes center court in Running Point season two
Sibling rivalry reaches new levels in season two of Netflix’s sports comedy Running Point, as Kate Hudson’s character, Isla Gordon, faces a renewed power struggle within her family’s pro basketball team.
1 min |
April 21, 2026
Business World Philippines
Villar Land seeks dismissal of SEC complaint
VILLAR LAND HOLDINGS Corp. and its directors filed a motion before the Department of Justice (DoJ) in response to a criminal complaint by the Securities and Exchange Commission (SEC) alleging market manipulation, insider trading and misleading disclosures.
2 min |
April 21, 2026
Business World Philippines
Launch of Balikatan drills with US, allies draws sharp China warning
CHINA on Monday criticized the expansion of joint military exercises in the Philippines involving the US and allied nations, warning that \"external forces\" in the Asia-Pacific region risk deepening division and undermining regional trust as the Balikatan (shoulder-to-shoulder) drills formally opened.
3 min |
April 21, 2026
Business World Philippines
Crude oil prices jump more than 5% on renewed US-Iran tension
Crude oil prices jumped more than 5% on Monday in Asia, on fears that the ceasefire between the United States and Iran could collapse after the US seized an Iranian cargo ship, while traffic through the Strait of Hormuz stayed largely halted.
1 min |
April 21, 2026
Business World Philippines
April inflation seen topping 5%, raising odds of BSP rate hike
RISING OIL PRICES and second-round effects could push inflation above 5% this month, increasing the odds of a 25-basis-point (bp) rate hike by the Bangko Sentral ng Pilipinas (BSP), according to the University of Asia and the Pacific (UA&P).
2 min |
April 21, 2026
Business World Philippines
Ayala Land pauses Laurean unit sales, citing global conditions
AYALA LAND, Inc. (ALI) said it has paused sales of its Laurean Residences project, citing evolving global conditions, including the situation in the Middle East, which it said are affecting costs and delivery timelines.
1 min |
April 21, 2026
Business World Philippines
Top-seeded Pistons shocked in Game 1 as Magic never trailed
PAOLO BANCHERO collected 23 points and nine rebounds as the visiting Orlando Magic upset the top-seeded Detroit Pistons, 112-101, in Game 1 of their first-round Eastern Conference series on Sunday.
1 min |
April 21, 2026
Business World Philippines
Filmmakers defend Val Kilmer movie made with AI
The makers of a new film with an artificial intelligence (AI)-generated performance by late actor Val Kilmer defended their work last Thursday and said they believed their approach demonstrated an ethical path to future use of the technology in Hollywood.
1 min |
April 21, 2026
Business World Philippines
Yuchengco firm nears operations of P2.57-billion Aklan wind farm
YUCHENGCO-LED PetroGreen Energy Corp. (PGEC) is preparing to start commercial operations of its 13.2-megawatt (MW) Nabas-2 wind power project in Aklan after securing approval to connect the facility to the Luzon grid.
1 min |
April 21, 2026
Business World Philippines
Bennie Boatwright ready to attend Senate hearing on naturalization
SAN MIGUEL Beermen's (SMB) balik-import Bennie Boatwright relishes the opportunity to drive his Gilas Pilipinas bid forward as he makes his Philippine \"homecoming.
1 min |
April 21, 2026
Business World Philippines
Calling it 'political' does not make the Constitution disappear
With the Supreme Court's oral arguments on the constitutionality of unprogrammed appropriations now winding down, a defining question remains:
2 min |
April 21, 2026
Business World Philippines
Marcos posts uptick in trust and performance ratings; VP Sara's score softens
PRESIDENT Ferdinand R. Marcos, Jr. posted improved trust and performance ratings in the first quarter, while Vice-President (VP) Sara Duterte-Carpio's performance score declined, according to a survey released by OCTA Research on Monday.
1 min |
April 21, 2026
Business World Philippines
World weighs fate of ME ceasefire after US seizes Iranian cargo ship
Concerns grew on Monday that the ceasefire between the United States and Iran might not hold after the US said it had seized an Iranian cargo ship that tried to run its blockade and Iran vowed to retaliate.
2 min |
April 21, 2026
Business World Philippines
Rain or Shine targets win No. 8 against Phoenix in PBA Commissioner’s Cup
AT 7-0, Rain or Shine (ROS) is off to its strongest start in franchise history, a ticket to the PBA Season 50 Commissioner's Cup playoffs safely in its hands.
1 min |
April 21, 2026
Business World Philippines
Sari Dalena's films screened in retrospective
THE FEATURE films, documentaries, hybrids, experimental works, and video art of filmmaker Sari Dalena are being screened in a multi-site retrospective which started in March and continues until May.
4 min |