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Business World Philippines

When suppliers send Christmas gifts to executives

Last year, anonymous workers made an issue out of holiday gifts received by our executives. While the issue didn’t ripen into a full-blown controversy, we'd like to be proactive this time with an objective policy. Please help. - Brown Rock.

3 min  |

November 28, 2025

Business World Philippines

US ordered diplomats to lobby gov'ts against mass migration, cable says

The Trump administration last week ordered US diplomats abroad to lobby against pro-migration policies and raise concerns over what it says are migrant populations committing violent crimes, according to a State Department cable seen by Reuters.

1 min  |

November 28, 2025

Business World Philippines

Peso strengthens on Fed easing view

THE PESO appreciated against the dollar on Thursday amid growing expectations of a rate cut by the US Federal Reserve next month.

1 min  |

November 28, 2025

Business World Philippines

956 MW in new power capacity, 160 MW storage added to grid

SOME 956 megawatts (MW) of new capacity was added to the power grid so far this year, as well as 160 MW in new energy storage systems, the Department of Energy (DoE) said.

1 min  |

November 28, 2025
Business World Philippines

Business World Philippines

16 companies recognized for 100% plastic recovery rate

SIXTEEN companies and organizations that recovered the equivalent of 100% of their post-consumer plastic waste in 2025 were recognized at the PCX Markets’ PULSE event Thursday.

1 min  |

November 28, 2025

Business World Philippines

PHL monthly full-time wage averages P21,544

THE AVERAGE monthly wage of time-rated, full-time workers in the Philippines was P21,544 in 2024, according to the Occupational Wages Survey released by the Philippine Statistics Authority this week.

2 min  |

November 28, 2025

Business World Philippines

Hong Kong fire kills 44; hundreds missing as police blame 'grossly negligent' building firm

A huge fire still burning in a Hong Kong apartment complex that has killed at least 44 people and left nearly 300 missing may have been caused by a “grossly negligent” construction firm using unsafe materials, police said on Thursday.

3 min  |

November 28, 2025

Business World Philippines

Eastern Visayas wage board raises daily pay by P35

THE Regional Tripartite Wages and Productivity Board of the Eastern Visayas raised the daily wage by P35 for both minimum wage earners and domestic workers starting Dec. 8.

1 min  |

November 28, 2025

Business World Philippines

China Vanke seeks first extension on $282-M onshore bond payment

China Vanke will seek bondholder approval to delay the repayment of a two billion yuan ($282.6 million) onshore bond, a filing late on Wednesday showed, a move that could trigger a new wave of anxiety in both financial and property markets.

2 min  |

November 28, 2025
Business World Philippines

Business World Philippines

Vivant Corp. gets P3-B loan from Chinabank

CEBU-BASED Vivant Corp. has obtained a P3-billion three-year term loan from China Banking Corp. (Chinabank) to refinance maturing debt and support its power and water projects, the company said on Thursday.

1 min  |

November 28, 2025

Business World Philippines

Credit growth to pick up with AI-enabled lending

THE USE of artificial intelligence (AI) in lending processes could accelerate Philippine banks’ credit growth to 15-18%, according to financial technology (fintech) company Intellect Design Arena Ltd.

2 min  |

November 28, 2025

Business World Philippines

SEC OKs Sta. Lucia Land's rental pool offer for 2,382 units

THE SECURITIES and Exchange Commission (SEC) has approved 16 registration statements for Sta. Lucia Land Inc.’s rental pool program, allowing the developer to offer units as investment contracts while retaining ownership.

1 min  |

November 28, 2025
Business World Philippines

Business World Philippines

DigiPlus, Pay&Go team up to ease e-wallet funding

LISTED DigiPlus Interactive Corp. (PLUS) has partnered with self-service kiosk provider Pay&Go to simplify e-wallet funding for its players.

1 min  |

November 28, 2025

Business World Philippines

ASEAN chairship may keep PHL from filing cases vs China, former justice says

THE PHILIPPINES’ chairmanship of the Association of Southeast Asian Nations (ASEAN) in 2026 could be hampering the filing of more arbitration cases against China’s coercive actions in the contested South China Sea, a former Supreme Court justice said as he urged officials to boost Manila’s claims via international mediation.

2 min  |

November 28, 2025

Business World Philippines

PHL shares slip again as investors pocket gains

PHILIPPINE STOCKS dropped anew on Thursday as investors pocketed their gains from the market’s recovery and lingering concerns over the economy's state.

2 min  |

November 28, 2025

Business World Philippines

ERC hopes to complete NGCP rate reset in 2026

THE ENERGY Regulatory Commission (ERC) said it hopes to resolve the rate review of the National Grid Corp. of the Philippines (NGCP) for the fifth regulatory period (SRP) by early next year.

1 min  |

November 28, 2025

Business World Philippines

Slump in building materials to run until Q1 – cement industry

THE infrastructure corruption scandal is expected to dampen sales of construction materials into early next year, the Cement Manufacturers Association of the Philippines, Inc. (CeMAP) said.

2 min  |

November 28, 2025

Business World Philippines

DA chief refutes claim tying First Lady to rice cartel

AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. on Thursday dismissed claims of resigned Party-list Rep. Elizaldy S. Co that he shielded a rice cartel allegedly tied to First Lady Marie Louise Araneta-Marcos as “fabricated lies.”

4 min  |

November 28, 2025

Business World Philippines

US equities up on growing bets for Dec. Fed rate cut

Wall Street extended its rally on Wednesday as revived tech strength and the increasing probability of a December interest rate cut from the US Federal Reserve put investors in a buying mood the day before the Thanksgiving holiday.

2 min  |

November 28, 2025

Business World Philippines

Megaworld, Accor to build biggest Mövenpick hotel in Parañaque City

MEGAWORLD CORP’S hospitality unit has teamed up with French hotel operator Accor SA to rebrand the Grand Westside Hotel in Parañaque City as the world’s biggest Movenpick property, the listed developer said on Thursday.

1 min  |

November 28, 2025

Business World Philippines

Haus Talk to finish Antipolo housing project by 2026

LISTED developer Haus Talk, Inc. (HTI) said it aims to complete The Hammond, its latest housing development in Antipolo, Rizal by next year.

1 min  |

November 28, 2025

Business World Philippines

Gold gains as hopes of Fed rate cut rise

GOLD PRICES hovered near an over one-week high on Wednesday, after expectations the US Federal Reserve will trim interest rates next month kept nonyielding bullion a favored asset.

1 min  |

November 28, 2025

Business World Philippines

Dasma Monarchs, Biñan close in on MPVA finals

UNBEATEN Dasma Monarchs and Biñan Tatak Gel Arellano University Lady Chiefs scored contrasting wins to move on the verge of arranging a finals duel in the 2025 Maharlika Pilipinas Volleyball Association (MPVA) on Wednesday night at the Alonte Sports Arena in Laguna.

1 min  |

November 28, 2025
Business World Philippines

Business World Philippines

Enhancing regional security: The Philippines would be safer with Taiwan on board

SOMEWHERE in Metro Manila, a young Filipino is trapped inside a scam den, forced to lie to strangers online. Somewhere in Taipei, an elderly Taiwanese man is losing his life savings to a criminal syndicate that operates across countries. Traffickers are moving victims through airports and seaports faster than law enforcement can respond. The Philippines sits at the crossroads of these operations and has become both a battleground and a victim.

2 min  |

November 28, 2025
Business World Philippines

Business World Philippines

Ayala Land raises P4 billion from block sale of AREIT ahead of asset infusion

AYALA LAND, INC.raised P4. 19 billion from a block sale of 100 million shares in its real estate investment trust AREIT, Inc. , as it prepares to inject mall properties into the trust.The shares were sold at P41.90 each through a placement managed by UBS AG Singapore Branch, BPI Capital Corp. and Maybank Securities Pte. Ltd., the listed Philippine developer said in a stock exchange filing on Wednesday.

1 min  |

November 27, 2025

Business World Philippines

OSAPIEA to disband after Go transfers to DoF

PRESIDENT Ferdinand R.Marcos, Jr. will dissolve the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) following the appointment of Secretary Frederick D. Go to the Department of Finance (DoF), Malacafiang said on Wednesday.

1 min  |

November 27, 2025

Business World Philippines

Frozen assets linked to flood control scandal reach nearly P12 billion

PRESIDENT Ferdinand R.Marcos, Jr. on Wednesday said more assets linked to the flood control scandal have been frozen, bringing the total so far to around P12 billion.“This is only the start. More assets will be frozen to return the people’s money to them,” Mr, Marcos said in mixed Filipino and English in avideo posted on his Facebook page.

2 min  |

November 27, 2025

Business World Philippines

Security Bank’s sustainability loan disbursements near P100B as of Oct.

SECURITY BANK Corp.has disbursed P99. 4 billion in sustainability loans as of October, exceeding its full-year target by 18%.Majority of the disbursements or P69.9 billion went to green initiatives, financing 1.37 gigawatts of additional renewable energy capacity from solar and wind projects, four green-certified buildings, and the rehabilitation of 8 kilometers of electric train rails in Metro Manila.

1 min  |

November 27, 2025

Business World Philippines

DA probes slow imports of red onions as prices soar past P300 per kilo

THE Department of Agriculture (DA) said it has ordered importers to explain the slow arrival of red onion shipments, warning that unused import permits will be canceled and reallocated as retail prices climbed above P300 per kilo ahead of the holiday season.

1 min  |

November 27, 2025

Business World Philippines

A welcome relief: BIR suspends audit and field audit operations

“We have seen a significant rise in the Bureau of Internal Revenue’s (BIR) revenue collection targets over the years, as the government’s budget requirements continue to grow.

4 min  |

November 27, 2025
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