Newspaper
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
Business World Philippines
DHL Summit adds 45 EVs to boost PHL fleet
DHL SUMMIT Solutions, Inc., has added 45 electric vehicles (EV) and prime movers to its fleet, strengthening last-mile delivery operations and advancing sustainability initiatives.
1 min |
November 27, 2025
Business World Philippines
Exit door
MUCH ATTENTION is given to where the entrance to a mall or office is located.
3 min |
November 27, 2025
Business World Philippines
PHL manufacturers need to move up the value chain
PHILIPPINE MANUFACTURERS should go up the value chain to produce more globally competitive export products and cater to the country’s growing domestic base amid global disruptions, according to industry stakeholders.
3 min |
November 27, 2025
Business World Philippines
The coquette has grown up
Lartizan opens new flagship
1 min |
November 27, 2025
Business World Philippines
Clear signals now, more than ever
‘Bummer,’ I told myself as successive news stories on the widening graft mess further eroding our economic growth prospects and business sentiment, and pushing the country into “high” political risk territory, hogged headlines in recent days.
7 min |
November 27, 2025
Business World Philippines
PXP eyes long-term gains from exploration contracts — MVP
UPSTREAM OIL and gas company PXP Energy Corp.is bracing for an extended and capital-intensive exploration phase following the award of three new petroleum service contracts, Chairman Manuel V. Pangilinan (MVP) said.The exploration is “a long process and probably quite complicated,” he told reporters on Nov. 24. “It’s a long-term process, so we have to be patient... Many years [lie ahead] for PXP”
1 min |
November 27, 2025
Business World Philippines
Repower earmarks P10.3B for hydropower expansion
REPOWER Energy Development Corp.is allotting P10. 3 billion for the rollout of hydropower projects, it said in a stock exchange disclosure on Wednesday.
1 min |
November 27, 2025
Business World Philippines
BDO raises $500M from dollar bonds
BDO UNIBANK, Inc.has raised $500 million from its sale of five-year dollar-denominated bonds that marked its return to the offshore debt market after over three years as it saw strong demand, it said on Wednesday.The offering was more than 3.2 times oversubscribed, with tenders for the fixed-rate senior notes reaching about $1.6 billion, the Sy-led bank said ina disclosure to the stock exchange.
1 min |
November 27, 2025
Business World Philippines
Raslag, Singapore partner near close on Philippine wind JV
RENEWABLE ENERGY developer Raslag Corp.and Singapore-based Verdant Philippines Alpha Pte. Ltd. are poised to finalize a joint venture (JV) to acquire a controlling stake in PHESI Holdings Corp. , following approval from the Philippine Competition Commission (PCC).\"Raslag and Verdant can finally close the deal, so we are working on closing hopefully within the year,\" Raslag President Robert Gerard B. Nepomuceno said in a Viber message on Wednesday.
1 min |
November 27, 2025
Business World Philippines
Comelec clears Escudero, campaign donor in P30-M election contribution case
THE Commission on Elections (Comelec) has closed its motu proprio investigation into Senator Francis Joseph “Chiz” G.Escudero and businessman Lawrence R. Lubiano, finding no violation of the Omnibus Election Code in relation to a P30-million campaign contribution recorded during the 2022 national elections.
1 min |
November 27, 2025
Business World Philippines
Ex-commissioner acknowledges potential for BIR’s LoA to be abused
FORMER Bureau of Internal Revenue (BIR) Commissioner Kim S.Jacinto-Henares said the agency’s use of Letters of Authority (LoA) to look into taxpayers’ books remains crucial in meeting revenue collection goals, but acknowledged the risk of such orders to be abused without proper controls.
1 min |
November 27, 2025
Business World Philippines
PSE elects two new directors to board
THE Philippine Stock Exchange (PSE) on Wednesday elected Cecile L.Ang as its nonbroker director representing investors, and Jaime J. Bautista as an independent director following recent resignations from both posts.Ms. Ang, daughter of San Miguel Corp. Chairman Ramon S. Ang, was nominated by the San Miguel Corp. Retirement Plan. She will fill the vacancy left by Ferdinand K. Constantino, who stepped down effective Nov. 27, the bourse said in a disclosure.
1 min |
November 27, 2025
Business World Philippines
NG posts P11.2-B surplus in October
THE NATIONAL GOVERNMENT’S (NG) fiscal position swung to a surplus in October as revenues and expenditures declined amid a corruption scandal, the Bureau of the Treasury (BTr) said on Wednesday.
3 min |
November 27, 2025
Business World Philippines
Golden ABC plans 50-80 stores next year across six brands
PHILIPPINE FASHION retailer Golden ABC, Inc.plans to open 50 to 80 stores next year across its six brands, reflecting confidence in the retail sector and Filipino consumers despite expectations of tempered demand during the Christmas season.\"Of course, we continue to be hopeful,\" Chief Executive Officer Alice T. Liu told reporters on Monday. \"Filipinos are generally optimistic. In business, you can never pause; you have to continue growing. If you don’t grow, you regress.\"
1 min |
November 27, 2025
Business World Philippines
Congress begins talks to open P6.793-T budget bicam to public
THE House of Representatives and the Senate have begun talks to iron out rules for opening the joint congressional discussions on the proposed P6.
1 min |
November 27, 2025
Business World Philippines
Oil slides as Ukraine supports Russia peace deal
Oil prices settled over 1% lower on Tuesday after Ukraine hinted that an intense diplomatic push by the US administration to end Russia’s war against it could be yielding fruit.
1 min |
November 27, 2025
Business World Philippines
PPA expects to beat cargo volume, passenger traffic targets for 2025
THE PHILIPPINE Ports Authority (PPA) said cargo and passenger traffic this year have been stronger than expected, with targets expected to be exceeded when demand peaks in the fourth quarter.
2 min |
November 27, 2025
Business World Philippines
Stocks end higher as markets eye BSP, Fed cuts
STOCKS rebounded on Wednesday as investors bought cheap shares and amid bets on further monetary policy easing by both the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve at their meetings next month.
2 min |
November 27, 2025
Business World Philippines
PHL must strengthen Judiciary or risk losing reform gains, lawyer says
THE PHILIPPINES risks squandering the economic gains promised by recent tax and governance reforms unless it strengthens judicial credibility and modernizes regulatory frameworks, according to one of the country’s top lawyers, underscoring the growing importance of legal certainty amid corruption probes and policy noise.
1 min |
November 27, 2025
Business World Philippines
Chelsea turns on the style to crush 10-man Barcelona, 3-0
Chelsea rolled back the years with an imperious Champions League performance on Tuesday, sweeping aside a toothless Barcelona, 3-0, to take a hefty step towards securing an automatic qualifying place and leaving the Spaniards fighting to avoid a playoff.
1 min |
November 27, 2025
Business World Philippines
Japan’s gas power and lessons for the Philippines
I am in Japan’s fourth largest city by population size.
3 min |
November 27, 2025
Business World Philippines
EastWest to increase tech spend
EAST WEST Banking Corp.
3 min |
November 27, 2025
Business World Philippines
Gold steadies as US data reinforce Fed rate cut bets
GOLD PRICES held steady on Tuesday as softer-than-expected US retail sales data reinforced traders’ expectations that the US Federal Reserve will trim interest rates in December.
1 min |
November 27, 2025
Business World Philippines
NutriAsia bags gold, two silvers at 2025 Panata Awards
NUTRIASIA made waves at the 2025 Panata Awards bagging one Gold and two Silver trophies during the awards night held at the Fairmont Makati last Nov. 14.
1 min |