Newspaper
Business World Philippines
PCG retrieves Chinese sea drone off Palawan province
THE PHILIPPINE Coast Guard (PCG) on Tuesday said it had taken custody of a suspected sea drone recovered by Filipino fishers off northern Palawan, marking the latest in a series of similar recoveries since 2022.
1 min |
October 01, 2025
Business World Philippines
SEC clears Damosa Land’s rental pool program
THE Securities and Exchange Commission (SEC) approved Damosa Land, Inc.'s rental pool program, the first registration under the recently implemented Securing and Expanding Capital in Real Estate Non-Traditional Securities (SEC RENT) guidelines, allowing the developer to offer units in its TRYP by Wyndham Samal condotel project as investment contracts while retaining ownership.
1 min |
October 01, 2025
Business World Philippines
California’s Newsom signs law requiring AI safety disclosures
CALIFORNIA Governor Gavin Newsom signed into state law on Monday a requirement that ChatGPT developer OpenAl and other big players disclose how they plan to mitigate potential catastrophic risks from their cutting-edge AI models.
1 min |
October 01, 2025
Business World Philippines
DPWH to probe ‘ghost’ farm-to-market road projects in Marcos anti-graft drive
THE Department of Public Works and Highways (DPWH) will investigate irregularities in farm-to-market road projects flagged by the Agriculture department, widening the Marcos administration’s anti-graft drive.
3 min |
October 01, 2025
Business World Philippines
China’s DeepSeek releases ‘intermediate’ AI model on route to next generation
Chinese artificial intelligence (AI) developer DeepSeek has released its “experimental” latest model, which it said was more efficient to train and better at processing long sequences of text than previous iterations of its large language models.
1 min |
October 01, 2025
Business World Philippines
Wall Street indexes rise as investors brush off government shutdown
WALL STREET indexes closed up on Monday with the Nasdaq leading gains as investors bought heavyweight technology stocks and shrugged off the uncertainty of a potential US government shutdown and hawkish remarks from US Federal Reserve officials.
2 min |
October 01, 2025
Business World Philippines
Philippine stocks slide for seventh straight day
PHILIPPINE STOCKS slid for a seventh straight session on Tuesday as selling persisted due to worries over corruption issues and the peso’s weakness against the dollar.
2 min |
October 01, 2025
Business World Philippines
Arabica coffee prices settle lower; London cocoa gains
Arabica coffee futures on ICE fell on Monday amid forecasts for more beneficial rains in top grower Brazil, while cocoa and raw sugar prices gained.
1 min |
October 01, 2025
Business World Philippines
Transactions done via InstaPay, PESONet grow to P15.4 trillion
THE COMBINED VALUE of transactions made via InstaPay and PESONet increased by nearly 47% year on year to over P15 trillion in the first eight months, data from the Bangko Sentral ng Pilipinas (BSP) showed, reflecting continued growth in online payments in the country.
2 min |
October 01, 2025
Business World Philippines
Speaker eyes 8 bills in priority legislative agenda
SPEAKER FAUSTINO “Bojie” G. Dy III on Tuesday said he is pushing the inclusion of eight bills in the government’s priority legislative agenda, including proposals to strengthen bases conversion for development and ban relatives of public officials from bidding for state projects.
1 min |
October 01, 2025
Business World Philippines
South Korea's booming used car exports cushion impact of US tariffs
From the muddy grounds of a former amusement park on South Korea’s coast, tens of thousands of vehicles are being packed for shipment overseas as booming used car exports help to mitigate the impact of US tariffs on new car sales.
1 min |
October 01, 2025
Business World Philippines
Eight builders submit bids for Bataan-Cavite interlink bridge phase 1
THE first phase of the $3.91-billion Bataan-Cavite Interlink bridge has attracted eight bidders, the Department of Public Works and Highways (DPWH) said.
2 min |
October 01, 2025
Business World Philippines
Security Bank appoints Singaporean banker as next president and CEO
SECURITY BANK Corp. has appointed Victor Lee Meng Teck as its next president and chief executive officer (CEO) starting January.
1 min |
October 01, 2025
Business World Philippines
Maynilad IPO delay seen as measured move to secure cornerstone support
MAYNILAD WATER SERVICES, Inc.’s decision to move its initial public offering (IPO) to a date no later than Nov. 7 gives cornerstone investors more time to participate and allows investors additional time to assess valuation and allocations, analysts said.
2 min |
October 01, 2025
Business World Philippines
DPWH commissions digital ledger to track foreign-funded projects
THE Department of Public Works and Highways (DPWH) said it tapped Blockchain Council of the Philippines (BCP) to develop a blockchain digital ledger that will track foreign-assisted infrastructure projects.
2 min |
October 01, 2025
Business World Philippines
Visa, PhilGuarantee partner to widen MSME credit access
PAYMENT technology firm Visa has partnered with the Philippine Guarantee Corp. (PhilGuarantee) to help micro, small and medium enterprises (MSME) gain wider access to credit and financial services.
1 min |
October 01, 2025
Business World Philippines
Vance says US 'headed to a shutdown' after meeting with Democrats
US President Donald J. Trump and his Democratic opponents appeared to make little progress at a White House meeting aimed at heading off a government shutdown that could disrupt a wide range of services as soon as Wednesday.
2 min |
October 01, 2025
Business World Philippines
Ornamental plants seen as potential growth pillar for agriculture industry
ORNAMENTAL PLANTS are being touted as a potential growth driver for agriculture according to participants at the 2\"d annual Philippine Horticulture and Urban Agriculture Summit, also known as Pagsibol.
1 min |
October 01, 2025
Business World Philippines
Fever force Game 5
The Fever had been there and done that. After all, theirs was a season spent patching holes, surviving injuries, and leaning on whoever was left standing. And so they wound up oddly prepared for the challenge; down 2-1 in the semifinals and with elimination one bad stretch away, they summoned a sense of desperation that was anything but reckless. Instead, it was sharp, insistent, and disciplined, Against the heavily favored Aces, they played with conviction and refused to fold, in the process claiming victory and forcing a winner-take-all encounter on Thursday fora spot in the finals.
2 min |
October 01, 2025
Business World Philippines
PEZA approves nearly P49B worth of investments in Sept.
THE Philippine Economic Zone Authority (PEZA) said it approved P48.87 billion worth of investment proposals in September, helping it exceed 60% of its approvals target in the year to date.
2 min |
October 01, 2025
Business World Philippines
Gov't lacked authority to deny VAT zero-rating to DMEs — SC
THE Supreme Court (SC) said domestic market enterprises (DMEs) registered under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act are entitled to Value-Added Tax (VAT) zero-rating on local purchases.
1 min |
October 01, 2025
Business World Philippines
Peso continues to depreciate vs dollar
THE PESO continued to depreciate against the dollar on Tuesday to log a new two-month low, with market sentiment remaining negative due to concerns over corruption involving state infrastructure projects and a potential US government shutdown.
1 min |
October 01, 2025
Business World Philippines
Copper gains on weaker dollar and supply concerns
Copper prices rose on Monday, supported by a weaker dollar and concerns over global supply after an accident at the world’s second-largest mine.
1 min |
October 01, 2025
Business World Philippines
Converge tops download speeds, reliability in Philippine broadband — Opensignal
CONVERGE ICT Solutions, Inc. recorded the fastest download speeds and led in reliability experience among fixed broadband providers in the Philippines, according to the September 2025 Opensignal report.
1 min |
October 01, 2025
Business World Philippines
UST guns for third straight win against unbeaten NU at UAAP
HOST University of Santo Tomas (UST) shoots for a third straight win to gain a share of lead with Ateneo when it clashes against fellow unbeaten National University (NU) in the
1 min |
October 01, 2025
Business World Philippines
US SEC chief to fast-track end of quarterly earnings reports
PAUL ATKINS, chair of the US markets watchdog, said on Monday the regulator is fast-tracking President Donald J. Trump's push to scrap quarterly earnings reports, raising transparency concerns around the potentially major shift for US companies.
1 min |
October 01, 2025
Business World Philippines
Gold bullion scales record high on Fed rate cut bets
GOLD PRICES surged past $3,800 an ounce for the first time on Monday, setting a new record as investors flocked to the safe-haven asset on US rate cut expectations, fears of a potential government shutdown and escalating geopolitical tensions.
1 min |
October 01, 2025
Business World Philippines
Safeguarding heritage a focus as NCCA kicks off Museums and Galleries Month
TO HIGHLIGHT the importance of art galleries and museums in promoting Filipino culture, the National Commission for Culture and the Arts (NCCA) has revealed the lineup of events to be held during Museum and Galleries Month.
2 min |
October 01, 2025
Business World Philippines
Trump sets 10% tariff on lumber imports, 25% on cabinets, furniture
US President Donald J. Trump said on Monday he was slapping 10% tariffs on imported timber and lumber and 25% duties on kitchen cabinets, bathroom vanities and upholstered furniture, continuing his tariff assault on global trading partners.
3 min |
October 01, 2025
Business World Philippines
Foreign debt service bill falls to $6.72 billion
THE Philippines' external debt service burden dropped to $6.72 billion in the first half of the year as less foreign loans were due for repayment, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
2 min |