Newspaper
Business World Philippines
Senior House members back return of spending plan to DBM for 'correction'
MEMBERS of the House of Representatives majority urged legislators on Wednesday not to participate in hearings on the proposed P6.793-trillion 2026 budget until the Department of Budget and Management (DBM) clears up what they described as \"questionable\" items in the spending plan.
2 min |
September 04, 2025
Business World Philippines
Yields on term deposits continue to decline after BSP's latest rate cut
YIELDS on term deposits eased further on Wednesday after the Bangko Sentral ng Pilipinas (BSP) delivered its third straight rate cut last week.
2 min |
September 04, 2025
Business World Philippines
Floating money
Not too long ago, I came across a report stating that as of March 2025, Starbucks held about $1.85 billion in balances from stored-value cards and customer loyalty programs. In essence, these are customer prepayments that have not yet been redeemed. To some extent, they may be viewed as customer deposits.
4 min |
September 04, 2025
Business World Philippines
WESM rates rose in August on plant outages
ELECTRICITY PRICES at the Wholesale Electricity Spot Market (WESM) climbed in August due to higher demand and outages of several plants, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
1 min |
September 04, 2025
Business World Philippines
DPWH pauses local project bidding
THE Department of Public Works and Highways (DPWH) has suspended the bidding of all locally funded projects for two weeks, in line with the government's ongoing investigation into alleged irregularities in flood control projects.
3 min |
September 04, 2025
Business World Philippines
Peso rebounds before key data
THE PESO recovered against the dollar on Wednesday as players await the release of key economic data in the United States and at home.
1 min |
September 04, 2025
Business World Philippines
DoF asks Congress to prioritize key tax reforms
THE DEPARTMENT of Finance (DoF) wants the 20\" Congress to prioritize several tax measures to help support the government's fiscal consolidation effort, a Finance official said on Wednesday.
5 min |
September 04, 2025
Business World Philippines
Agri dep’t calls for more support for tuna industry
THE Department of Agriculture (DA) said on Wednesday that the tuna industry needs more support in the wake of difficulties in obtaining sustainability certifications to export their products.
1 min |
September 04, 2025
Business World Philippines
Alcaraz, Djokovic set up blockbuster US Open semifinals
Carlos Alcaraz dazzled at the US Open to make the semifinals on Tuesday before Novak Djokovic danced his way through to book a New York showdown with the Spaniard that will mark the latest chapter in their generational rivalry.
2 min |
September 04, 2025
Business World Philippines
MPIC unit weighing PrimeWater acquisition, awaits further details
METRO PACIFIC WATER (MPW), the water infrastructure investment arm of Metro Pacific Infrastructure Corp. (MPIC), is keen on acquiring Villar-owned PrimeWater Infrastructure Corp.
1 min |
September 04, 2025
Business World Philippines
Gold bullion surges on rate cuts, risks on economy
GOLD rose over 1% on Tuesday, surging to an all-time high above $3,500 per ounce, with investors piling into the metal on growing conviction of a US Federal Reserve rate cut and lingering political and economic risks.
1 min |
September 04, 2025
Business World Philippines
Alternergy to raise funds for next round of RE projects
ALTERNERGY HOLDINGS CORP. plans to raise funds for its next round of renewable energy (RE) projects by converting 500 million existing common shares into a new series of perpetual preferred shares.
1 min |
September 04, 2025
Business World Philippines
Wall St. slides as ruling on tariffs raises concerns
Wall Street started off September on a sharply lower note on Tuesday as investors weighed the future of President Donald J. Trump’s tariffs after a federal appeals court ruled most of his sweeping tariffs illegal.
1 min |
September 04, 2025
Business World Philippines
DoE, UN agency studying impact of energy transition on coal industry
THE Department of Energy (DoE) said it is studying the impact of shutting down coal mines and coal-fired power plants as the Philippines transitions to cleaner fuels for power generation.
1 min |
September 04, 2025
Business World Philippines
China’s Xi projects power at military parade with Putin, Kim
Chinese President Xi Jinping warned the world was facing a choice between peace or war as he held his country’s largest-ever military parade on Wednesday, flanked by Russia’s Vladimir Putin and North Korea’s Kim Jong Un.
3 min |
September 04, 2025
Business World Philippines
Afternoon traditions and the art of slowing down
Story and photos by Anna Isabel C. Sobrepeña
3 min |
September 04, 2025
Business World Philippines
Subway ROW acquisition target set at 95% by end of 2025
THE Department of Transportation (DoTr) said the right-of-way (ROW) acquisition target for the Metro Manila Subway project has been set at about 959% by the end of the year.
1 min |
September 04, 2025
Business World Philippines
Singapore orders Meta to implement anti-scam measures or face possible fine
Singapore police have ordered Meta to implement anti-scam measures against advertisements, accounts, profiles and business pages impersonating key government office holders on its social media network Facebook to combat scams, a government minister said.
1 min |
September 04, 2025
Business World Philippines
Shakey’s Pizza Asia’s Potato Corner opens store in Taipei, targets wider Taiwan rollout
POTATO CORNER (PC) officially entered the Taiwan market with the opening of its first store on Aug. 4 at the Uni-President Department Store in Taipei’s Xinyi District.
1 min |
September 04, 2025
Business World Philippines
BIR collections miss target for first 8 months
THE Bureau of Internal Revenue (BIR) said it collected P2.06 trillion in the first eight months, falling short of its P2.18-trillion target.
1 min |
September 04, 2025
Business World Philippines
realme 15 Series 5G smartphones set for Philippine launch on Sept. 16
THE LATEST addition to realme’s Number Series lineup, the realme 15 Series 5G smartphones, are set to be launched in the Philippines on Sept. 16.
1 min |
September 04, 2025
Business World Philippines
ABG board OKs P3-B capital increase, follow-on offering
LISTED holding company Asiabest Group International, Inc. (ABG) said its board approved a P3-billion increase in authorized capital stock and a major follow-on offering.
1 min |
September 04, 2025
Business World Philippines
Thinking Machines, OpenAI to help APAC firms leverage AI adoption
THINKING MACHINES Data Science, Inc., an artificial intelligence (AI) and data science consultancy firm, is collaborating with ChatGPT creator OpenAI to help Asia-Pacific (APAC) organizations in scaling responsible and human-first AI adoption.
1 min |
September 04, 2025
Business World Philippines
Aboitiz Construction says Davao Int’l Container Terminal’s 5 th berth finished
ABOITIZ CONSTRUCTION, INC, the construction arm of the Aboitiz group, has completed the design and construction of the new berth of DICT Bulk Terminal, Inc. (DBTI).
1 min |
September 04, 2025
Business World Philippines
Eudor Group in Iligan offering unregistered securities, SEC warns
THE Securities and Exchange Commission (SEC) has cautioned the public against investing in Eudor Group of Companies, Inc., which operates under several business names, including Fu Dalu Agricultural Products, Skinlogics Wellness and Beauty Center, and M. Textilis Plant Nursery, among others.
1 min |
September 04, 2025
Business World Philippines
Oil prices rise after US imposed sanctions targeting Iranian oil
Oil prices settled up more than 1% a barrel on Tuesday after the US imposed sanctions targeting Iran’s oil revenue stream, and ahead of an OPEC+ meeting on Sunday where analysts expect the group will not unwind remaining voluntary cuts.
1 min |
September 04, 2025
Business World Philippines
In a slowing economy, it pays to modernize
IT’S NO surprise that rising costs, fragile supply chains, and cooling demand are forcing Philippine businesses to rethink their future strategies. But economic slowdowns don’t just test resilience — they expose inertia. Lim-
3 min |
September 04, 2025
Business World Philippines
BAP to set up centralized fraud verification system
THE BANKERS’ Association of the Philippines (BAP) will set up a centralized system for the reporting and verification of accounts suspected to be involved in prohibited acts under the Anti-Financial Account Scamming Act (AFASA).
2 min |
September 04, 2025
Business World Philippines
Fed at a potential pivot point on job market
Job growth over the last three months has hit one of the weakest patches, outside the pandemic, since the US economy was limping to recover from the 2007 to 2009 financial crisis and recession.
3 min |
September 04, 2025
Business World Philippines
More about wind-solar, more about inflation
MY CUP OF LIBERTY BIENVENIDO S. OPLAS, JR.
3 min |