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Business World Philippines

GSIS stability seen possibly eroded by infighting over investment policy

DISPUTES over investment policy within the Government Service Insurance System (GSIS) have the potential to erode confidence in the pension fund for civil servants, management organizations said.

1 min  |

October 23, 2025

Business World Philippines

Speaker forms panel to review asset disclosures amid flood control mess

SPEAKER Faustino “Bojie” Dy III on Wednesday formed a House of Representatives committee aimed at reviewing the chamber’s guidelines on releasing net worth statements, amid calls for greater government transparency.

2 min  |

October 23, 2025

Business World Philippines

PHL in talks with Washington after Filipino seafarers denied port entry

THE PHILIPPINE Embassy in Washington on Wednesday said that it is working with relevant agencies after Filipino seafarers were denied entry at US ports in recent months.

1 min  |

October 23, 2025

Business World Philippines

N. Korea fires ballistic missiles as Trump prepares for Asia trip

North Korea fired what appeared to be multiple short-range ballistic missiles on Wednesday, South Korea’s military said, a week before a key Asia-Pacific leaders’ meeting in South Korea.

2 min  |

October 23, 2025

Business World Philippines

Wall Street ends mixed as earnings lift the Dow

US stocks closed mixed with the Dow out front on Tuesday, as a string of solid earnings lured investors to industrials and capital goods.

2 min  |

October 23, 2025

Business World Philippines

Oil prices bounce off 5-month low as traders focus on supply signs

Oil prices settled higher on Tuesday, bouncing off the previous session’s five-month lows, as investors reassessed expectations of a looming glut and sought clarity on the trade dispute between the US and China, the world’s two biggest oil consumers.

1 min  |

October 23, 2025

Business World Philippines

Industrial policy for the Philippines

Industrial policy formulation or industrial strategy is very much the rage all over the global economy today.

5 min  |

October 22, 2025

Business World Philippines

Buyout deals for startups reach record in Japan before listing restrictions

A PLAN to cull the smallest listings on the Tokyo Stock Exchange (TSE) is spurring a record number of buyouts of young companies in Japan, reflecting Tokyo's push to create more billion-dollar startups to better match the country's global standing in scientific research.

3 min  |

October 22, 2025

Business World Philippines

Some analysts see Fed halting balance sheet drawdown on rate turbulence

SOME Wall Street analysts now believe the US Federal Reserve will pull the plug on its long-running effort to shrink its balance sheet at the end of the month.

3 min  |

October 22, 2025

Business World Philippines

Marcos unveils unified toll collection system

PHILIPPINE President Ferdinand R. Marcos, Jr. on Tuesday unveiled a unified toll collection system that will let motorists use a single radio frequency identification (RFID) sticker across all expressways in Luzon, a measure aimed at easing congestion, cutting travel time and advancing the government's digital transport modernization drive.

3 min  |

October 22, 2025
Business World Philippines

Business World Philippines

Converge ICT eyes southern Philippines for next data center site

LISTED fiber broadband provider Converge ICT Solutions, Inc. is planning to expand its data center footprint outside Luzon, with possible sites in the Visayas or Mindanao, its top executive said.

1 min  |

October 22, 2025

Business World Philippines

Philippines should forge more trade pacts to cushion US tariff impact, says HSBC

THE PHILIPPINES should pursue more free trade agreements (FTAs) to shield its exports from the fallout of the US' widening trade war, HSBC Global Investment Research said in a report.

2 min  |

October 22, 2025

Business World Philippines

Gov’t fully awards dual-tenor bond offering at mixed yields

THE GOVERNMENT made a full award of the dual-tranche Treasury bonds (T-bonds) it auctioned off on Tuesday at mixed rates amid market preference for papers at the belly of the curve on expectations of further monetary easing by the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve.

2 min  |

October 22, 2025

Business World Philippines

A pattern of trust: Building economic and defense security with like-minded partners

The aggressive acts habitually and deliberately committed by the Chinese are an affront to our sovereignty and a threat to our national security.

4 min  |

October 22, 2025

Business World Philippines

BSP exempts PERA-UITFs from access restrictions for central bank debt

PERSONAL EQUITY and Retirement Account unit investment trust funds (PERA-UITFs) are now exempted from a foreign ownership rule that limited their access to central bank securities, widening overseas Filipinos' investment options.

2 min  |

October 22, 2025

Business World Philippines

Durant taking less

Kevin Durant didn't have to take less.

2 min  |

October 22, 2025
Business World Philippines

Business World Philippines

EDC studies repurposing of 129-MW Leyte geothermal plant

GEOTHERMAL ENERGY producer Energy Development Corp. (EDC) is exploring options to repurpose its 129-megawatt (MW) Upper Mahiao Power Plant in Kananga, Leyte, after it reached the end of its operational lifespan.

1 min  |

October 22, 2025
Business World Philippines

Business World Philippines

MCAD holds fundraising auction

Proceeds to go to curatorial programs, exhibits, publications

3 min  |

October 22, 2025

Business World Philippines

Pure Water, Quadwater to acquire 28% stake in Coal Asia for P100 million

PURE WATER CORP. and Quadwater Corp. are buying the remaining shares of listed Coal Asia Holdings, Inc. for nearly P100 million.

1 min  |

October 22, 2025

Business World Philippines

French police may nab Louvre thieves but unlikely to recover their loot

Crime gangs around Europe are increasingly robbing valuable jewels and gold from cash-needy museums like the Louvre, but while law enforcement often catches the thieves, they struggle to recover the priceless goods, police and art experts say.

4 min  |

October 22, 2025

Business World Philippines

Maynilad sets final IPO price at P15 per share after investor feedback

MAYNILAD WATER SERVICES, INC. has set the final offer price for its initial public offering (IPO) at P15 per share, matching the upper end of its revised price range, according to a notice from the Philippine Stock Exchange (PSE).

3 min  |

October 22, 2025
Business World Philippines

Business World Philippines

SM Store opens in La Union, bringing the joy of shopping closer to the North

The North has even more to look forward to as SM Store in La Union officially opened its doors on Oct. 17, 2025, bringing the signature SM shopping experience, filled with style, convenience, and everyday excitement, closer to home.

1 min  |

October 22, 2025

Business World Philippines

George Springer's Game 7 blast sends Jays past Ms into World Series

George Springer provided a bit of postseason history so dramatic, his manager had trouble dealing with the fact that Game 7 of American League Championship Series (ALCS) wasn't over yet.

1 min  |

October 22, 2025
Business World Philippines

Business World Philippines

EEI transfers P164-M Tanza training facility to subsidiary

EEI CORP. has approved the transfer of its P164-million training facility in Tanza, Cavite, to its subsidiary EEI Training Academy Corp. through a tax-free property-for-share swap, a move aimed at consolidating the company's training operations.

1 min  |

October 22, 2025

Business World Philippines

ASAPHIL and Barangay Libjo to stage National Softball Championships

THE Amateur Softball Association of the Philippines (ASAPHIL) will stage the National Softball Championships from Nov. 16 to 23 in Libjo, Batangas as part of its quest for potential talents from the grassroots level.

1 min  |

October 22, 2025

Business World Philippines

Power firms get more time to comply with public offering requirement

THE Energy Regulatory Commission (ERC) has revised its rules on the public offering requirement (POR) to give power firms more time to comply, by starting the five-year compliance period only after they meet the prerequisites for a public offering instead of from the issuance of their operating license.

1 min  |

October 22, 2025

Business World Philippines

Public outrage over flood control mess exposes PHL to propaganda, says navy

PUBLIC OUTRAGE over largescale corruption in flood control projects could leave the Philippines vulnerable to foreignbacked propaganda seeking to provoke unrest and destabilize the country, a Philippine Navy official said on Tuesday.

2 min  |

October 22, 2025

Business World Philippines

UNDP estimates 3.9% of PHL population suffers from 'multidimensional' poverty

ABOUT 3.9% of the Philippine population can be classified as suffering from \"multidimensional\" poverty, meaning poor in terms of living standards, education, and health, the United Nations Development Programme (UNDP) said.

1 min  |

October 22, 2025

Business World Philippines

Japan government warns Vietnam of job losses as Hanoi motorbike ban hits Honda

The Japanese government and some of the nation's top manufacturers have warned Vietnam that a planned ban on petrol-powered motorbikes in Hanoi could spark job losses and disrupt a $4.6-billion market that is dominated by Honda, according to documents reviewed by Reuters and seven people familiar with the matter.

3 min  |

October 22, 2025
Business World Philippines

Business World Philippines

Motorcycle sales top 171,000 units in September

MOTORCYCLE SALES in September rose 21.2% year on year in September to 171,155 units, an industry group said.

1 min  |

October 22, 2025