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Business World Philippines

Gold holds steady; traders await Fed rate cut decision

GOLD PRICES were _ little changed on Monday as investors awaited a widely expected rate cut by the US Federal Reserve this week, with profit taking and an uptick in the US dollar keeping gains in check.

1 min  |

September 16, 2025

Business World Philippines

Waiving the statute of limitations on tax prescription

LET’S TALK TAX STEPHANIE JOY D. CARRION

6 min  |

September 16, 2025

Business World Philippines

ICTSI boosts Manila terminal capacity with new hybrid cranes

RAZON-LED International Container Terminal Services, Inc. (ICTSI) said it is boosting the capacity of its flagship Manila International Container Terminal (MICT) by adding eight hybrid rubber-tired gantries (RTGs) as part of a broader program to handle rising cargo volumes while cutting emissions.

1 min  |

September 16, 2025

Business World Philippines

Asian stocks steady; focus on US Fed easing cycle

Asian shares steadied near four-year highs on Monday ahead of an action-packed week that is seemingly certain to see the US Federal Reserve resume its easing cycle, and perhaps leave the door wide open to a series of cuts.

2 min  |

September 16, 2025

Business World Philippines

Treasury bill yields drop with Fed set to resume easing cycle

THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday as average rates dropped across the board, with the three-year tenor’s yield falling below the 5% mark, as the US Federal Reserve is expected to resume its easing cycle this week.

3 min  |

September 16, 2025

Business World Philippines

Lola Amour, Kokoro share the stage

More international collaborations up ahead

2 min  |

September 16, 2025

Business World Philippines

PHL obtains three project pledges from Japan valued at P51 billion

THE Department of Trade and Industry (DTD said on Monday that three investment commitments have been made by Japanese conglomerates worth a combined P51 billion.

1 min  |

September 16, 2025

Business World Philippines

Oil gains anew after attacks on Russian facilities

Oil prices extended gains on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries that could disrupt its crude and fuel exports, while also eyeing US fuel-demand growth.

1 min  |

September 16, 2025

Business World Philippines

Laurel pitches House on farmer prosperity, modernization

AGRICULTURE SECRETARY Francisco P, Tiu Laurel, Jr. asked the House of Representatives to approve the Department of Agriculture’s proposed P176.7-billion budget, outlining a 2026 program centered on boosting farmer prosperity and modernization.

1 min  |

September 16, 2025

Business World Philippines

SM Prime files with SEC for P17-billion fixed-rate bond issuance

SM PRIME HOLDINGS, INC. (SMPH) is hoping to raise up to P17 billion from a peso-denominated fixed-rate bond issuance, following its $350-million debut offering of US dollar-denominated senior notes.

1 min  |

September 16, 2025

Business World Philippines

US says China spreads ‘false’ WWII narratives to pressure Taiwan

China is intentionally mischaracterizing World War II-era documents to put pressure on and isolate Taiwan given those agreements made no determination of the island’s ultimate political status, the de facto US embassy in Taipei said.

2 min  |

September 16, 2025

Business World Philippines

NHA turns over 1,099 housing units in Laguna for PNR relocations

THE National Housing Authority (NHA) has distributed 1,099 housing units in San Pablo City, Laguna to families displaced by the government’ railway projects.

1 min  |

September 16, 2025

Business World Philippines

BFAR sets rules to support crayfish cultivation plan

THE Bureau of Fisheries and Aquatic Resources (BFAR) is drafting guidelines for the cultivation of Australian Redclaw Crayfish (ARC), the Department of Agriculture (DA) said.

1 min  |

September 16, 2025

Business World Philippines

Revenue reforms and Asian credit ratings

The spending side of the Philippines' public finance needs major reforms that include spending cuts in many agencies like the corruption-tainted Department of Public Works and Highways (DPWH).

3 min  |

September 16, 2025

Business World Philippines

Pope Leo criticizes high, Musk-style corporate pay packages

Pope Leo XIV criticized corporate pay packages that offer executives much higher salaries than their employees in excerpts from his first media interview released on Sunday, citing Tesla’s recent $1-trillion compensation plan for Chief Executive Officer (CEO) Elon Musk.

1 min  |

September 16, 2025

Business World Philippines

Higher terminal fees take effect at Manila's main airport

THE OPERATOR of the Ninoy Aquino International Airport (NAIA) began charging higher terminal fees on Sunday, a year after it took over the country’s main gateway.

1 min  |

September 15, 2025

Business World Philippines

PHL big banks post slower growth in assets, loans in 2nd quarter

THE GROWTH in combined assets and loans of the country's biggest lenders eased as of the end of June, dragged by weaker economic output in the second quarter despite cheaper borrowing costs and slower inflation.

3 min  |

September 15, 2025

Business World Philippines

Business groups say independent body can help restore investor confidence in PHL

THE PHILIPPINES’ largest business groups on Sunday expressed confidence the newly created Independent Commission on Infrastructure (ICI) could help restore investor confidence in the country’s public works program.

3 min  |

September 15, 2025

Business World Philippines

Art and terrible things

eni Riefenstahl resur- | rects every time a big artist anywhere aligns with regimes of systematic, largescale brutality.

4 min  |

September 15, 2025

Business World Philippines

WH SAPATA TODO Industrial policy vs neoliberalism in the time of corruption

The massive anomalies in flood control projects amid the incessant rains, coupled with the shameless display of unexplained wealth by some politicians and contractors, have triggered rage among the people.

3 min  |

September 15, 2025

Business World Philippines

PHL external debt jumps to $149B

THE PHILIPPINES' outstanding external debt jumped to a record $148.87 billion as of end-June amid the weakening of the US dollar, the Bangko Sentral ng Pilipinas (BSP) said.

2 min  |

September 15, 2025

Business World Philippines

GSIS, SSS honor nation's retirees in National Pensioners' Week

THE GOVERNMENT SERVICE Insurance System (GSIS), in partnership with the Social Security System (SSS), led the celebration of National Pensioners' Day at the GSIS Head Office in Pasay City as part of the week-long National Pensioners' Week.

1 min  |

September 15, 2025

Business World Philippines

Treasury bills, bonds may fetch lower rates before Fed meeting

RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week could decline as weak US data boosted expectations of further monetary easing by the US Federal Reserve.

4 min  |

September 15, 2025

Business World Philippines

Peso may strengthen with Fed likely to cut

THE PESO may strengthen against the dollar in the coming days, with the US Federal Reserve expected to deliver its first rate cut this year at this week’s meeting amid weak data out of the world’s largest economy.

2 min  |

September 15, 2025
Business World Philippines

Business World Philippines

THE FRONX AWAKENS

Impressive first impressions of Suzuki's new subcompact

4 min  |

September 15, 2025

Business World Philippines

Rates of short-term BSP bills end mixed

RATES of the Bangko Sentral ng Pilipinas’ (BSP) short-term bills ended mixed on Friday, with both tenors oversubscribed as the offer volume was lowered.

1 min  |

September 15, 2025

Business World Philippines

China tieups eyed in high-growth industries, PHL ambassador says

THE PHILIPPINES will pursue opportunities to work with China in high-growth industries, particularly related to its strengths in services, the Philippine ambassador in Beijing said.

1 min  |

September 15, 2025

Business World Philippines

SM Prime shares rise after $350-million dollar bond issuance

SM PRIME HOLDINGS, INC. (SMPH) saw its shares rise week on week after completing a $350-million dollar-denominated bond issuance to fund mall redevelopment and expansion.

2 min  |

September 15, 2025

Business World Philippines

DailyFix partners with RunRio to launch Power Run 2026

GRANOLA and trail mix brand DailyFix announces its first-ever DailyFix Power Run, happening in partnership with premier race organizer RunRio on Jan. TI, 2026 at the Mall of Asia Grounds.

1 min  |

September 15, 2025

Business World Philippines

Aces’ 16-game run

The Aces closed the regular season with a simple message: The early stumbles are most definitely behind them. A 16-game win streak — the longest closing run in league history — has vaulted them into the second seed and effectively altered the playoff map. The wins piling up, and how, underscored their identity. At the center of it all was Aja Wilson, steady and forceful, turning a hitherto-wobbly campaign into one that now looks ready to make its date with fate.

1 min  |

September 15, 2025