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Business World Philippines

IMF sees Philippine recovery by early 2027 if oil shocks are short-lived

The Philippines could regain its economic momentum later this year or by early 2027 if the energy shocks prove temporary and the local investment climate improves, the International Monetary Fund (IMF) said.

4 min  |

April 20, 2026
Business World Philippines

Business World Philippines

Regulators reviewing airline surcharges after Level 8 increase

THE Department of Transportation (DoTr) is reviewing airline fuel surcharges after regulators raised rates to Level 8 this month, as jet fuel prices remain elevated.

2 min  |

April 20, 2026

Business World Philippines

STT GDC signs 10-year RE deal with MPower

DATA CENTER operator ST Telemedia Global Data Centres (STT GDC) Philippines has entered into a 10-year renewable energy (RE) supply agreement with MPower, the electricity supply arm of Manila Electric Co. (Meralco), to power its two data center facilities.

1 min  |

April 20, 2026
Business World Philippines

Business World Philippines

James Dyson Award 2026 accepting entries for design and engineering

Award is now open for 2026 entries, inviting the next generation of Filipino innovators to submit inventions tackling real-world challenges.

2 min  |

April 20, 2026
Business World Philippines

Business World Philippines

OFWs in Europe brace for cost-of-living squeeze

TOUGHER TIMES are looming for Filipinos in Europe as the Middle East war drives up the cost of living

2 min  |

April 20, 2026

Business World Philippines

Familiar banking risks return through new channels

Banking risk management is beshaped by threats that are nonlinear, continually accelerated by technology and innovation, intensified by volatility, and tightly interconnected across markets, institutions, and jurisdictions.

4 min  |

April 20, 2026

Business World Philippines

NG debt service bill surges in February

THE NATIONAL Government's (NG) debt service bill surged more than sixfold in February, mainly due to a massive increase in domestic amortization, data from the Bureau of the Treasury (BT») showed.

3 min  |

April 20, 2026

Business World Philippines

El Niño, rising input costs to dampen corn output

CORN PRODUCTION is expected to decline in the coming months as a looming El Nifio and rising input costs weigh on farmers’ planting intentions, an industry official said.

1 min  |

April 20, 2026

Business World Philippines

Poll: Slim majority sees rate hike

THE BANGKO SENTRAL ng Pilipinas (BSP) is widely expected to raise interest rates for the first time in more than two years as inflation risks mount amid tensions in the Middle East, according to a slight majority of analysts ina poll.

7 min  |

April 20, 2026
Business World Philippines

Business World Philippines

Filipino social enterprises are building a sustainable future for communities

AS THE 2030 deadline for the United Nations Sustainable Development Goals (SDGs) approaches, Philippine social enterprises are being positioned as critical localized actors in the country's development roadmap.

2 min  |

April 20, 2026

Business World Philippines

Looks good on you

IF YOU THINK color analysis, as popularized on social media, just means draping cloths to determine which color looks good on you, then you've got to talk to Carla Pamela Florin, president and chief executive officer of The Lookbook Style Studio.

2 min  |

April 20, 2026
Business World Philippines

Business World Philippines

GAC GS8 hybrid introduced, P2.338M

GAC INTERNATIONAL Philippines, Inc. officially launched the GS8 HEV (hybrid electric vehicle) at the Manila International Auto Show, alongside previews of the E8 HEV and the 2026 Emzoom.

1 min  |

April 20, 2026
Business World Philippines

Business World Philippines

Luxurious summer

RUSTAN’S gave a taste of its summer offerings at a fashion show at Rustan’s Makati on April 17 that unveiled their summer campaign, “Beneath the Riviera Sun.”

1 min  |

April 20, 2026

Business World Philippines

Philippines, Canada to finalize text for FTA in July

THE DEPARTMENT of Trade and Industry (DTD is looking to finalize the text for the Philippines’ free trade agreement (FTA) with Canada by its third round of negotiations in July.

2 min  |

April 20, 2026

Business World Philippines

Soybean meal imports expected to rise due to higher demand for feed

PHILIPPINE soybean meal imports will likely increase by 0.2% to 3.26 million metric tons (MMT) in marketing year 2026-2027, driven by higher feed demand from the poultry, aquaculture, and pet food industries, according to the US Department of Agriculture (USDA).

1 min  |

April 20, 2026
Business World Philippines

Business World Philippines

900 more distribution sites planned for P20 rice program

THE Department of Agriculture (DA) said it will expand the government’s P20-per-kilo subsidized rice program by opening about 900 additional selling sites, following a funding and supply agreement between state-owned Food Terminal, Inc. (FTI) and the National Food Authority (NFA).

1 min  |

April 20, 2026

Business World Philippines

MDH maintains DoT accreditation to support international patient services

MANILA DOCTORS HOSPITAL (MDH) upholds its longstanding accreditation from the Department of Tourism (DoT), highlighting its commitment to providing quality, safe, and patient-centered care for both local and international patients.

1 min  |

April 20, 2026
Business World Philippines

Business World Philippines

GWM Tank 700 Hi-4Z available on indent order

THE KEY message of GWM at the Manila International Auto Show was the brand's global philosophy: “All Powertrains, All Scenarios, All Users.”

1 min  |

April 20, 2026

Business World Philippines

AmCham, ECCP urge further foreign ownership liberalization

THE latest liberalization of foreign investment rules must be sustained to ensure that the Philippines attracts high-quality investment, the American Chamber of Commerce of the Philippines (AmCham) said.

1 min  |

April 20, 2026

Business World Philippines

UE expands scholarships for SY 2026-2027 ahead of 80th founding anniversary

THE UNIVERSITY of the East (UE) has opened scholarships for school year 2026-2027 to support academically qualified students, as it prepares to mark its 80th founding anniversary in September.

2 min  |

April 20, 2026

Business World Philippines

Luke Kennard scores 27; LA Lakers take Game 1 against Houston Rockets

LUKE KENNARD scored 27 points and LeBron James added 19 points with 13 assists as the shorthanded Los Angeles (LA) Lakers earned a 107-98 victory over the visiting Houston Rockets on Saturday in Game 1 of a Western Conference first-round playoff series.

1 min  |

April 20, 2026
Business World Philippines

Business World Philippines

ASEAN oil-sharing push faces hurdles amid region’s uneven energy capacity

PHILIPPINE President Ferdinand R. Marcos, Jr.'s call for a regional oil-sharing mechanism and joint stockpiling across Southeast Asia is unlikely to materialize in the near term, analysts said, as the Middle East crisis exposes deep structural gaps in the region's energy systems.

2 min  |

April 20, 2026
Business World Philippines

Business World Philippines

Family SUV, small sedan unveiled by Changan

IN CONCERT with the launch of its brand campaign \"Drive Smart, Drive Changan,\" Changan's local distributor Inchcape Philippines introduced several models at MIAS.

1 min  |

April 20, 2026

Business World Philippines

Wall St. hits record highs with Hormuz declared open

THE BENCHMARK S&P 500 and the tech-heavy Nasdaq each rallied to their third record close in a row on Friday, while the blue-chip Dow marked its highest finish since late February, as investors cheered Iran’s decision to open the Strait of Hormuz and were optimistic it could reach a deal with the United States to end their war.

1 min  |

April 20, 2026

Business World Philippines

N. Korea fires ballistic missiles again, flexing muscle amid Iran war

North Korea fired ballistic missiles into the sea on Sunday, accelerating its missile launches amid Iran war tensions and talk of possible meetings with the US and South Korea.

2 min  |

April 20, 2026

Business World Philippines

IT-BPM industry welcomes clarity on LGU taxation

THE information technology and business process management (IT-BPM) said Joint Memorandum Circular (MC) 01-2026 will help address inconsistencies in how local taxes are collected.

2 min  |

April 20, 2026

Business World Philippines

Warriors’ season ends

In organized sports, the end is rarely planned, It lingers instead in the gap between certainty and doubt, which, for the Warriors, has suddenly widened, And at the center stands Steve Kerr, no longer speaking with assurance, but rather acceptance, “I don’t know what's going to happen next,” he conceded in the aftermath of a blowout loss against the Suns that ended their season.

1 min  |

April 20, 2026
Business World Philippines

Business World Philippines

Deepal serves up trio of electrics

NEW MARKET ENTRANT Deepal introduced its Range-Extended Electric Vehicle (REEV) technology, designed specifically for real-world Philippine driving conditions.

1 min  |

April 20, 2026

Business World Philippines

PhilHealth assures coverage for heat-related illnesses amid dry season

AS THE DRY season begins, PhilHealth reminds members that coverage for heat-related illnesses is in place to help protect Filipinos from rising temperatures and associated health risks.

1 min  |

April 20, 2026

Business World Philippines

Nikola Jokic posts triple-double as Nuggets outlast Wolves in Game 1

NIKOLA JOKIC had 25 points, 13 rebounds and 11 assists, Jamal Murray scored a game-high 30 points and the host Denver Nuggets beat the Minnesota Timberwolves, 116-105, on Saturday to take a 1-0 lead in their first-round Western Conference playoff series.

2 min  |

April 20, 2026