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Business World Philippines

MPIC eyes exit from LRT-1 amid continued losses

METRO PACIFIC Investments Corp. (MPIC) is considering divesting its 35.8% stake in Light Rail Manila Corp. (LRMC), the operator of Light Rail Transit Line 1 (LRT-1), as losses persist and ridership has yet to recover from the pandemic impact.

1 min  |

November 12, 2025

Business World Philippines

Raw sugar prices rise as commodity markets climb

Raw sugar futures on ICE rose on Monday, as hopes that a US government shutdown may end soon prompted broad-based gains in commodity markets.

1 min  |

November 12, 2025

Business World Philippines

Typhoon Tino expected to result in crop insurance payout of P251M to affected farmers

THE Philippine Crop Insurance Corp. (PCIC) set aside nearly P251 million to cover potential crop insurance payouts to farmers affected by Typhoon Tino (international name: Kalmaegi), according to the Department of Agriculture (DA).

1 min  |

November 12, 2025

Business World Philippines

Gold soars to two-week peak as soft economic data cement rate cut bets

GOLD PRICES climbed nearly 3% on Monday to hit a more than twoweek high as soft economic data out of the United States reinforced expectations that the US Federal Reserve will cut interest rates, lifting demand for the nonyielding asset.

1 min  |

November 12, 2025
Business World Philippines

Business World Philippines

Private-sector role in keeping noche buena prices steady cited as cue for gov't support

THE Federation of Philippine Industries (FPI) said the restraint shown by manufacturers in keeping prices of holiday items steady needs to apply to more goods in the face of rising raw material prices, with the need for government support increasingly becoming necessary.

1 min  |

November 12, 2025

Business World Philippines

Wall Street equities jump; Nvidia and Palantir lead AI surge

WALL STREET ended sharply higher on Monday, led by big gains in Nvidia, Palantir and other heavyweight artificial intelligence (Al)-related companies following progress in Washington to end a record government shutdown.

2 min  |

November 12, 2025
Business World Philippines

Business World Philippines

GoTyme Bank partners with Wise for remittances, cross-border transfers

GOTYME BANK has partnered with global cross-border payments platform Wise to improve its remittance services.

2 min  |

November 12, 2025
Business World Philippines

Business World Philippines

AWS Philippines says cloud technology levels the playing field for SMEs

AMAZON Web Services (AWS) Philippines, a cloud computing unit of Amazon, said cloud technology is helping small and medium enterprises (SMEs) compete with larger companies by giving them access to the same digital infrastructure and tools without requiring heavy capital investment.

1 min  |

November 12, 2025

Business World Philippines

Ballet Philippines reimagines Alice in Wonderland

AHEAD of Christmas this year, Ballet Philippines (BP) is revisiting a well-loved childhood story, Alice in Wonderland. Helmed by artistic director Mikhail Martynyuk, the ballet company will follow a little girl's journey down the rabbit hole.

1 min  |

November 12, 2025

Business World Philippines

PCC clears Robinsons Retail acquisition of Premiumbikes

ROBINSONS Retail Holdings, Inc. (RRHI) has received approval from the Philippine Competition Commission (PCC) to acquire Premiumbikes Corp., marking the company’s entry into the motorcycle market.

1 min  |

November 12, 2025

Business World Philippines

House to tackle anti-dynasty bill, push anti-corruption body before yearend

THE House of Representatives will jumpstart discussions on a long-sought anti-dynasty bill and pass a measure institutionalizing an anti-corruption body that will investigate public works projects before the year ends, Speaker Faustino “Bojie” Dy III said on Tuesday, as lawmakers convene for the final leg of the 2025 congressional session.

2 min  |

November 12, 2025

Business World Philippines

Ethiopia to be approved as host for COP32 climate summit in 2027

BELEM, Brazil — Ethiopia is set to be confirmed on Tuesday as host of the Conference of the Parties (COP32) climate summit in 2027, the president of this year’s COP30 gathering told Reuters.

1 min  |

November 12, 2025

Business World Philippines

Bank of Japan saw growing case for near-term hike – summary

TOKYO-Bank of Japan (BoJ) policymakers saw a growing case to raise interest rates in the near term, with some calling for the need to ensure companies' wage-hike momentum will be sustained, a summary of opinions at the October meeting showed on Monday.

2 min  |

November 11, 2025

Business World Philippines

DBM chief optimistic holiday spending will lift Q4

THE PHILIPPINE economy is expected to accelerate in the fourth quarter, driven by holiday spending, exports, and a rebound in investment activity, Budget Secretary Amenah F. Pangandaman said, but flagged risks from natural disasters.

2 min  |

November 11, 2025

Business World Philippines

Meralco rates up 15 centavos/kWh in Nov.

TYPICAL HOUSEHOLDS in areas served by Manila Electric Co. (Meralco) will see an increase in their electricity bills this month, mainly due to higher pass-through charges.

2 min  |

November 11, 2025

Business World Philippines

Analysts warn of corruption risk over the Philippines’ year-long calamity declaration

PRESIDENT Ferdinand R. Marcos, Jr.’s yearlong national calamity declaration will fast-track rehabilitation efforts across typhoon-ravaged regions in the country, but it may also carry corruption risks, analysts said on Monday.

3 min  |

November 11, 2025

Business World Philippines

December BSP cut almost certain after Q3 GDP miss

THE BANGKO SENTRAL ng Pilipinas (BSP) is almost sure to deliver a fifth straight cut next month as the third-quarter gross domestic product (GDP) data showed the need for economic stimulus.

4 min  |

November 11, 2025

Business World Philippines

China's internet firms cautiously revive lending as Beijing pushes consumer loans

China’s internet platforms are quietly reviving consumer lending, taking Beijing’s push to make household borrowing cheaper as a signal that regulators may be easing a years-long crackdown on the sector, four industry sources said.

2 min  |

November 11, 2025

Business World Philippines

FDI net inflows slump in August

NET INFLOWS of foreign direct investments (FDI) into the Philippines slumped by 40.5% in August, amid a drop in net investments in debt instruments, the Bangko Sentral ng Pilipinas (BSP) reported on Monday.

3 min  |

November 11, 2025

Business World Philippines

Asian shares rise on optimism over end to US halt

Global shares rose on Monday on optimism that an end to the historic US government shutdown was in sight, while the dollar was nursing losses from last week.

1 min  |

November 11, 2025
Business World Philippines

Business World Philippines

Texans own fourth quarter, rally past Jaguars, 36-29

NFL Results

2 min  |

November 11, 2025

Business World Philippines

Puregold nine-month income rises 5.6% on strong sales

LISTED grocery retailer Puregold Price Club, Inc. reported a 5.6% increase in its consolidated net income for the first nine months of 2025, fueled by robust revenue growth and supported by a modest rise in gross margins.

1 min  |

November 11, 2025

Business World Philippines

Typhoons' impact on farming in fourth quarter may be minor

THE typhoons that struck in October and early November are expected to result in only minor disruptions to agriculture, analysts said.

2 min  |

November 11, 2025

Business World Philippines

People at the heart of ASEAN

In 2024, the ASEAN Secretariat estimated the total population of the 10 ASEAN member-states at 676.6 million. The ASEAN is the third most populous region in the world, after China and India. With this large population, the ASEAN has made their well-being a priority, echoed in the ASEAN Community Vision 2045 — Resilient, Innovative, Dynamic, and People-Centered ASEAN.

4 min  |

November 11, 2025

Business World Philippines

IT-BPM sector seen driving Metro Manila office market rebound by year-end-CBRE

THE OFFICE MARKET in Metro Manila is poised for a rebound by year-end, with demand from the information technology-business process management (IT-BPM) sector expected to offset record-high vacancies, according to real estate services firm CBRE.

1 min  |

November 11, 2025

Business World Philippines

SM Prime posts P12.8-B Q3 income as malls, convention centers drive growth

SY-LED property developer SM Prime Holdings, Inc. (SM Prime) posted an 8% year-on-year increase in third-quarter (Q3) net income to P12.8 billion from P11.8 billion in the same period last year, lifted by contributions from its mall and hotel and convention center businesses.

2 min  |

November 11, 2025

Business World Philippines

Women, Peace, and Security: Beyond institutionalization and towards internalization

This October marked the 25™ anniversary of the adoption of the United Nations Security Council Resolution (UNSCR) 1325. This pioneering resolution advanced the idea that women’s human rights in conflict and post-conflict reconstruction was a matter of international peace and security. Additionally, UNSCR 1325 paved the way of the social construction of the Women, Peace, and Security (WPS) global normative agenda.

4 min  |

November 11, 2025

Business World Philippines

Alcaraz and Zverev off to winning starts at ATP Finals

Top seed Carlos Alcaraz began his bid fora first ATP Finals trophy with a 7-6(5), 6-2 win over Alex de Minaur and twotime champion Alexander Zverev overpowered Ben Shelton in their round-robin openers at the seasonending championships on Sunday.

1 min  |

November 11, 2025

Business World Philippines

Tabuena slides to IS No. 3 after the Moutai Singapore Open

MIGUEL TABUENA'S quest for one of the two golden tickets to next year’s LIV Golf via the International Series (IS) pathway hit a snag as he dropped to third spot in latest IS Rankings released on Monday.

1 min  |

November 11, 2025

Business World Philippines

RLC Q3 profit up 19% on strong residential, leasing gains

GOKONGWEI-LED Robinsons Land Corp. (RLC) reported a 19% increase in its third-quarter (Q3) attributable net income to P3.30 billion, driven by higher residential sales and steady leasing revenues from malls and office properties.

2 min  |

November 11, 2025