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Business World Philippines

PAL starts rollout of refurbished aircraft

PHILIPPINE AIRLINES (PAL) has begun deploying its first refurbished aircraft as part of a retrofitting program that will see 18 planes operating across Asia through 2027, the flag carrier said on Tuesday.

1 min  |

September 24, 2025

Business World Philippines

Fever stun Aces

Make no mistake. The Fever’s win on the road flipped the script. For the last couple of seasons, the Aces had made the Michelob ULTRA Arena their citadel, overwhelming visitors with sheer relentlessness. Yet, in Game 1 of the WNBA semifinals, it was the decidedly shorthanded and unproven underdogs who dictated tempo in an 89-73 shocker that belied conventional wisdom. And not for nothing was the upset recorded on the very day A’ja Wilson was crowned league Most Valuable Player.

2 min  |

September 24, 2025

Business World Philippines

Weaving art

THE 37th edition of Conrad Manila's Of Wine and Art series celebrates weaving through the work of seven female artists.

2 min  |

September 24, 2025

Business World Philippines

IT-BPM industry still bullish on growth

THE PHILIPPINE information technology and business process management (IT-BPM) industry is still bullish on growth, as it expects to generate $42 billion in export revenues and increase headcount to 1.97 million in 2026, an industry group said.

3 min  |

September 24, 2025

Business World Philippines

Longer shelf registration to ease capital-raising pressures for companies

THE SECURITIES and Exchange Commission's (SEC) extension of shelf registration validity to five years from three years is expected to give companies greater flexibility in timing securities offerings, allowing them to better align with market conditions, improve pricing, and reduce compliance hurdles, analysts said.

1 min  |

September 24, 2025

Business World Philippines

Farmers see no improvement in farmgate price of palay after 3 weeks of rice import freeze

THE FARMGATE PRICE of palay (unmilled rice) has not improved despite a 60-day ban on rice imports which had been designed to provide relief for rice cultivators, a farm industry group said.

1 min  |

September 24, 2025

Business World Philippines

Industry groups propose tariff treatment of sugar, other farm products in EU FTA

INDUSTRY GROUPS have put forward their proposals for the tariff regimes that will govern agricultural products like sugar, milk powder, beef and pork, under the European Union (EU)-Philippines Free Trade Agreement (FTA), the Tariff Commission said.

2 min  |

September 24, 2025

Business World Philippines

Drones that shut Copenhagen Airport flown by ‘capable operator,’ Danish police say

Danish police said on Tuesday that drones that shut the country’s main airport on Monday appeared to have been flown by “a capable operator” seeking to demonstrate certain abilities, adding that no suspects had been identified.

1 min  |

September 24, 2025

Business World Philippines

Davao chili sauce brand eyes Manila factory

DAVAO-BASED chili sauce maker Ayana’s Siling Kinamayo is seeing stronger demand in Metro Manila as it boosts its participation in trade fairs and food expos in the National Capital Region.

1 min  |

September 24, 2025

Business World Philippines

Keyland Corp. to open first boutique hotel in November

PROPERTY developer Keyland Corp. is set to open its 128-room boutique hotel in New Manila, Quezon City, by November.

2 min  |

September 24, 2025

Business World Philippines

Google seeks to avoid ad tech breakup as antitrust trial begins

Alphabet’s Google is seeking to avoid a forced sale of part of its online advertising business in its latest face-off with US antitrust enforcers that began on Monday in Alexandria, Virginia.

1 min  |

September 24, 2025

Business World Philippines

Mixed Fed messages lead to partial bond award

THE GOVERNMENT made a partial award of its dual-tranche offer of Treasury bonds (T-bonds) on Tuesday amid weak demand for the longer tenor as several US Federal Reserve officials said they remain cautious about further policy easing.

3 min  |

September 24, 2025

Business World Philippines

Palace details key features of newly signed RoW law

THE recently signed Accelerated and Reformed Right-of-Way (ARROW) will aid the Philippines in becoming an upper middleincome economy by facilitating the completion of infrastructure projects, the Presidential Communications Office (PCO) said in astatement on Tuesday.

1 min  |

September 24, 2025

Business World Philippines

Kickstart Ventures targets 12 startup investments

KICKSTART Ventures, Inc., the corporate venture capital arm of Globe Telecom, Inc., is on track to fund at least 12 startups by the end of the year, with a growing focus on electronic commerce and artificial intelligence (AI).

1 min  |

September 24, 2025

Business World Philippines

PHL consumer-driven growth fueled by borrowing, ANZ says

PHILIPPINE private consumption sets it apart in a region where such spending is more muted, ANZ Research reported, warning that credit card debt and salary loans are fueling the growth more than asset-creating loans like mortgages.

1 min  |

September 24, 2025

Business World Philippines

Russia targets Ukraine’s lifeline railways with ‘systematic’ attacks —-CEO

Russia has unleashed a massive wave of attacks on Ukraine's railways since the summer, using new tactics to hit key nodes with long-range drones, but the network is holding up for now, the CEO of the state railway company told Reuters.

1 min  |

September 24, 2025

Business World Philippines

DoJ seeks freeze of lawmakers’ bank accounts over flood control scandal

THE Department of Justice (DoJ) has recommended the freezing of bank accounts of lawmakers accused of getting kickbacks from anomalous flood control projects in Bulacan, Justice Secretary Jesus Crispin C. Remulla told senators on Tuesday.

2 min  |

September 24, 2025

Business World Philippines

Globe Telecom says industry cooperation needed to advance Philippine digital network

GLOBE TELECOM, INC., through its corporate arm Globe Business, said the industry must work together to co-create the Philippines' digital backbone to position the country as a regional hub for connectivity, cloud, and content.

1 min  |

September 24, 2025

Business World Philippines

P7.75-B REIT share sale seen to give RLC flexibility for capex, asset growth

GOKONGWEI-LED developer Robinsons Land Corp. (RLC) raised P7.75 billion from an overnight block sale of one billion shares in its real estate investment trust (REIT) unit RL Commercial REIT, Inc, (RCR), which, according to analysts, will provide capital for long-term expansion and could enable RLC to inject additional assets into the REIT.

1 min  |

September 24, 2025

Business World Philippines

First Gen Corp. eyes up to $80-M initial fund for Indonesia geothermal venture

LOPEZ-LED First Gen Corp. will allocate up to $80 million (P4.5 billion) as its initial investment in a geothermal development project in Indonesia with PT DSSR Daya Mas Sakti (DSSR), a local geothermal energy company.

1 min  |

September 24, 2025
Business World Philippines

Business World Philippines

Afternoon tea amidst the tapestries of Aguilar Alcuaz

IN 1968, National Artist Federico Aguilar Alcuaz explored the technique of Art Protis — making unwoven works of art out of fleece wool and fabric on canvas — while on a visit to the Czech Republic (which was then still Czechoslovakia).

3 min  |

September 24, 2025
Business World Philippines

Business World Philippines

UP Fighting Maroons eye quick rebound against Soaring Falcons

Ateneo tries to expand its wings vs UE

2 min  |

September 24, 2025

Business World Philippines

Connecting the dots with Nena Saguil

AN EXHIBIT featuring rare and representative works from every decade of artist Nena Saguil’s career will be shown from Sept. 26 to 28 at the Discovery Primea hotel.

3 min  |

September 24, 2025

Business World Philippines

Farmers in spotlight at NFA Cebu fair

THE National Food Authority (NFA) organized a fair on the grounds of its Cebu regional office to celebrate Cebu produce, which will run until Sept. 26.

1 min  |

September 24, 2025

Business World Philippines

BSP's net income drops by 17.8% in the first half

THE BANGKO SENTRAL ng Pilipinas’ (BSP) net profit dropped by 17.8% in the first half due to lower revenues.

2 min  |

September 24, 2025

Business World Philippines

SMB’s June Mar Fajardo leads PBA’s Season 49 in major statistical categories for most valuable player

SAN MIGUEL BEERMEN’S (SMB) June Mar Fajardo made an indelible mark in the PBA’s 49th season, figuring prominently in major statistical categories in another potential MVP stint.

1 min  |

September 24, 2025

Business World Philippines

Nvidia to invest $100B in OpenAI

NVIDIA will invest up to $100 billion in OpenAI and supply it with data center chips, the companies said on Monday, marking a tie-up between two of the highest-profile players in the global artificial intelligence (AI) race.

3 min  |

September 24, 2025
Business World Philippines

Business World Philippines

Taiwan for ICA: Safety above politics, safe skies, and a sustainable future

The 42 nd International Civil Aviation Organization (ICAO) Assembly is set to convene in Montreal Canada from Sept. 23 to Oct. 3 with the theme “Safe Skies, Sustainable Future.” Yet Taiwan remains excluded — a gap that creates unnecessary risks in the global aviation network.

1 min  |

September 24, 2025

Business World Philippines

Flood-control contractor Hi-Tone also awarded Port of Tacloban upgrade project, regulator says

A LEADING flood-control contractor was also awarded a Tacloban port upgrade contract in 2024, the Philippine Ports Authority (PPA) said.

2 min  |

September 24, 2025

Business World Philippines

Duterte charged with 3 murder counts at ICC

INTERNATIONAL Criminal Court (ICC) prosecutors have charged former Philippine President Rodrigo R. Duterte with three counts of murder in connection with his deadly war on drugs when he was mayor and President.

1 min  |

September 24, 2025