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Business World Philippines

US stocks fall as investors weigh Powell's comments

US stocks finished lower on Tuesday, breaking a three-session string of record closing highs, as US Federal Reserve Chair Jerome H. Powell said the US central bank needs to balance inflation concerns with a weakening job market in its coming interest rate decisions.

2 min  |

September 25, 2025

Business World Philippines

What keeps CEOs awake at night? Top concerns for 2025 revealed

Every September, we look forward to sharing the results of our firm’s Philippine CEO Survey, timed to coincide with the International CEO Conference of the Management Association of the Philippines (MAP).

4 min  |

September 25, 2025

Business World Philippines

Zoom unveils new digital assistant tool powered by agentic AI

ZOOM Communications, Inc. unveiled the AI Companion 3.0, a digital assistant tool now powered by agentic artificial intelligence (AI) that can retrieve enterprise knowledge, notetaking, and autonomously managing meetings, aimed at improving the experience on the platform.

1 min  |

September 25, 2025

Business World Philippines

CCA Manila to host inaugural Tikim Weekend Food Market this October

THE CENTER FOR CULINARY ARTS (CCA Manila) will launch the first-ever Tikim Weekend Food Market on Oct. 3-4 at the Brittany Hotel in Bonifacio Global City.

1 min  |

September 25, 2025

Business World Philippines

DoE proposes higher financial benefits for communities hosting power facilities

THE Department of Energy (DoE) is proposing an increase in the share of electricity sales that power companies must allocate to host communities.

1 min  |

September 25, 2025

Business World Philippines

PHL wins seat on IAEA board as emerging user of nuclear power

THE PHILIPPINES won a seat on the board of the International Atomic Energy Agency (IAEA), putting it in position to influence policy as it gears up to integrate nuclear power into its energy mix, the Department of Energy (DoE) said.

1 min  |

September 25, 2025
Business World Philippines

Business World Philippines

Ateneo survives the UE scare

ATENEO DE MANILA University hung on to clip University of the East (UE) in another nail-biter, 62-60, and seize an early lead in the UAAP Season 88 men’s basketball tournament yesterday at the UST Quadricentennial Pavilion Arena in Manila.

1 min  |

September 25, 2025

Business World Philippines

Peso sinks to three-week low as Powell signals caution on cuts

THE PESO sank to a three-week low against the dollar on Wednesday after US Federal Reserve officials gave a cautious view on future cuts due to sticky inflation and a weak labor market.

1 min  |

September 25, 2025

Business World Philippines

PHL urged to harness peso to maintain edge in services

THE PHILIPPINES must use foreign exchange to its advantage in response to growing investor interest in the service sector, as manufacturing loses favor due to tariffs, an economist said.

2 min  |

September 25, 2025

Business World Philippines

Ex-DPWH officials, Discaya couple now protected witnesses, Remulla says

THE Department of Justice (DoJ) has placed three former Public Works officials and a couple linked to alleged irregularities in flood control projects under protected witness status, Justice Secretary Jesus Crispin “Boying” C. Remulla said on Wednesday.

2 min  |

September 25, 2025
Business World Philippines

Business World Philippines

K-water's sustainable projects set to enhance school facilities

THE OVERSEAS VOLUNTEER group of Korea Water Resources Corp. (K-water) held a donation ceremony in Pampanga last Sept. 5 after completing volunteer activities for “Improving Sustainable Educational Environments.”

1 min  |

September 25, 2025

Business World Philippines

Villar-led AllHome, AllDay name new acting presidents

ALLHOME CORP., the home improvement retailer under Villar-led AllValue Holdings Corp., announced the election of Maribel N. Sibayan as its acting president and chief operating officer (COO), effective Sept. 24.

1 min  |

September 25, 2025

Business World Philippines

OpenAI, Oracle and SoftBank plan five new AI data centers in US for $500-billion Stargate project

OpenAl, Oracle and Soft-Bank on Tuesday announced plans for five new artificial intelligence (AI) data centers in the United States to build out their ambitious Stargate project.

1 min  |

September 25, 2025

Business World Philippines

Alcohol lobby takes on WHO in battle over health impacts

The Belgian beer industry, Mexico’s tequila makers and Heineken all lobbied governments this summer to resist a push by the UN’s health agency to introduce tougher rules targeting alcohol, letters and an email reviewed by Reuters show.

1 min  |

September 25, 2025

Business World Philippines

Opening Pandora's Box

Without structural change, without breaking the hold of patronage, “pork barrel,” and celebrity politics, the fight against corruption collapses into a mere spectacle.

5 min  |

September 25, 2025

Business World Philippines

PHL stocks slip on weak sentiment, lack of leads

PHILIPPINE STOCKS continued to decline on Wednesday due to the absence of fresh trading drivers and after Wall Street ended lower overnight.

2 min  |

September 25, 2025

Business World Philippines

The Nautilus at CaSoBe sets sail with EDGE Advanced certification

AT THE CALATAGAN horizon where luxury meets responsibility, anew standard for coastal living is taking shape.

1 min  |

September 25, 2025
Business World Philippines

Business World Philippines

LCF launches efforts to address child malnutrition in Basilan

THE LEAGUE OF CORPORATE Foundations (LCF) is intensifying its efforts to address child malnutrition in Basilan, the first province under its LIFE (LCF’s Initiative for Food Security, Nutrition, and Empowerment) program, with the launch of the Busog, Lusog, Talino (BLT) Central Kitchen in Isabela City, spearheaded by Jollibee Group Foundation (JGF), and a water system development project in Tipo-Tipo led by Manila Water Foundation (MWF).

1 min  |

September 25, 2025

Business World Philippines

MLB okays ball-strike challenge system for next season

AUTOMATED ball-strike (ABS) challenges are coming to Major League Baseball (MLB) next season.

1 min  |

September 25, 2025

Business World Philippines

Frasco: DoT dealing with budget-cut ‘challenges’

THE Department of Tourism (DoT) said on Wednesday that budget cuts present “challenges” to achieving its mission of promoting the Philippines as a destination.

1 min  |

September 25, 2025

Business World Philippines

Legislator says Finance department open to discussing tax on billionaires

THE Department of Finance (DoF) is open to discussing a “wealth tax,” a legislator said at the DoF’s budget hearing, which could signal greater willingness by the government's chief fundraiser to consider new sources of revenue after a longstanding no-new-taxes position.

2 min  |

September 25, 2025

Business World Philippines

A need to know

THE “need to know” is usually applied to sensitive information that should be for limited circulation.

3 min  |

September 25, 2025

Business World Philippines

Preventing access to workplace counts as 'illegal dismissal' - SC

THE Supreme Court (SC) ruled that preventing employees from reporting to work without a valid reason constitutes illegal dismissal.

1 min  |

September 25, 2025

Business World Philippines

Filipina tennis ace Alex Eala clashes with Japanese Mei Yamaguchi at Jingshan Open Round of 16

ALEXANDRA “ALEX” EALA is on the verge of another deep run.

1 min  |

September 25, 2025
Business World Philippines

Business World Philippines

Affinities and shared challenges

Over the past two years, there have been high-level visits to the Philippines by European leaders.

3 min  |

September 24, 2025
Business World Philippines

Business World Philippines

The Supreme Court clarifies the HSAC's jurisdiction

The rise of condominium developments across the Philippines has inevitably given rise to a plethora of issues and disputes between buyers and developers.

3 min  |

September 24, 2025

Business World Philippines

PHL financial system resources settle at P34.6T at end-July

THE TOTAL RESOURCES of the Philippines' financial system grew by 6.4% year on year as of July, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.

2 min  |

September 24, 2025

Business World Philippines

House opens plenary debates on P6.79-trillion budget bill

CONGRESSMEN on Tuesday kicked off plenary debates on the proposed P6.793-trillion national budget for 2026, against the backdrop of ongoing investigations into anomalous flood control projects and anti-corruption protests.

3 min  |

September 24, 2025

Business World Philippines

The Papal guidelines on artificial intelligence

Literally from the very first moment of his being elected Supreme Pontiff of the Catholic Church, Pope Leo XIV made it clear that he will use his infallible Teaching Authority as Pope to give all men and women of goodwill much needed ethical or moral guidelines on the use of artificial intelligence (AI) in all relevant aspects of daily lives.

4 min  |

September 24, 2025
Business World Philippines

Business World Philippines

Converge aims to play key role in PHL’s digital transformation

CONVERGE ICT Solutions, Inc. is positioning itself at the forefront of the Philippines' digital transformation, as it seeks to drive nationwide connectivity to address the surging demand for reliable internet.

3 min  |

September 24, 2025