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Business World Philippines
SMIC signals wider renewable energy push
SM INVESTMENTS CORP. (SMIC) is expanding its renewable energy portfolio through new geothermal projects and potential ventures in wind energy, its top official said on Tuesday.
1 min |
August 27, 2025
Business World Philippines
With McDaniel hat trick, Stallion Laguna blasts Mongolia team at AFC women’s championship
WITH skipper Chandler McDaniel as spearhead, Stallion Laguna FC walloped Mongolia’s Khovd Western FC, 6-1, at the start of the AFC Women’s Champions League on Monday night in Myanmar.
1 min |
August 27, 2025
Business World Philippines
Wall St. stocks slide as investors focus on Nvidia
WALL STREET STOCKS ended lower on Monday as investors parsed the outlook for US interest rates and looked ahead to artificial intelligence (AI) chipmaker Nvidia’s quarterly earnings this week while digesting a rally on Friday that lifted the Dow Jones Industrial Average to a record high close.
1 min |
August 27, 2025
Business World Philippines
Pros and cons of minimum wage legislation
(Part 1)
4 min |
August 27, 2025
Business World Philippines
Business chambers welcome Konektadong Pinoy enactment
BUSINESS CHAMBERS said on Tuesday that the Konektadong Pinoy Act will improve the economy’s competitiveness and hasten the Philippines’ digital transition.
1 min |
August 27, 2025
Business World Philippines
PHL startups Enstack, Netbank, Xpress cited in Forbes Asia's 100 to Watch list
THREE PHILIPPINE STARTUPS were cited in the 2025 edition of Forbes Asia’s 100 to Watch list, which features rising small companies across the Asia-Pacific region.
2 min |
August 27, 2025
Business World Philippines
Hong Kong IPA touts low taxes, market access to PHL investors
HONG KONG is touting its favorable tax regime and market access to attract investment from Philippine conglomerates, technology companies, and high net worth individuals.
2 min |
August 27, 2025
Business World Philippines
PHirst Park Homes enters Mindanao with P5.3-B GenSan township project
PHIRST PARK HOMES, the affordable housing brand of Century Properties Group, Inc. (CPG), is set to enter Mindanao with a P5.3-billion township project in General Santos (GenSan) City.
1 min |
August 27, 2025
Business World Philippines
Yankees blast 3 homers, overwhelm Nationals
BEN RICE, Jazz Chisholm Jr. and Jasson Dominguez each homered on Monday night while Cam Schlittler fired six scoreless innings as the New York Yankees defeated the visiting Washington Nationals 10-5.
1 min |
August 27, 2025
Business World Philippines
Gov’t fully awards T-bill offer at lower yields before BSP review
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Tuesday as yields dropped across the board, driven by strong demand on expectations that the Bangko Sentral ng Pilipinas (BSP) will cut key rates this week.
2 min |
August 27, 2025
Business World Philippines
Marcos relieves Torre, appoints Nartatez as PNP chief
PRESIDENT Ferdinand R. Marcos, Jr. relieved General Nicolas D. Torre III of his post as Philippine National Police (PNP) chief, just nearly three months since he was appointed, the Palace confirmed on Tuesday.
2 min |
August 27, 2025
Business World Philippines
Trump attacks on Fed threaten central banks’ independence
US PRESIDENT Donald J. Trump’s continued attacks on US Federal Reserve Chair Jerome H. Powell pose a threat to global central banks’ independence, the Bangko Sentral ng Pilipinas (BSP) chief said.
1 min |
August 27, 2025
Business World Philippines
MPower forges RE deal with The Peninsula Manila
MPOWER, the retail electricity arm of Manila Electric Co. (Meralco), has signed a new supply deal to provide renewable energy (RE) to The Peninsula Manila, a five-star hotel in Makati City.
1 min |
August 27, 2025
Business World Philippines
Truth under siege: The national security threat we can’t ignore
Technology is neutral. It is neither good nor bad — it simply amplifies intent. It is a double-edged sword: it can make life better and more efficient, but it also creates serious risks that harm individuals, societies, nations — even the global order.
3 min |
August 27, 2025
Business World Philippines
FNI shares plunge after Sy's arrest; company says contingency ready
SHARES of Global Ferronickel Holdings, Inc. (FNI) fell on Tuesday as investors reacted to the arrest of the mining company’s chairman, Joseph C. Sy, over allegations that he misrepresented his citizenship.
2 min |
August 27, 2025
Business World Philippines
$120 urchin rice bowl? Food prices soar amid warming seas in Japan
As Japan faces its hottest summer in history, a sharp decline in the catch of sea urchin in the country’s north has made the spiny delicacy further out of reach for many consumers already strained by high food costs.
3 min |
August 27, 2025
Business World Philippines
Trump fires Fed governor Cook over improprieties in getting mortgage loans
US President Donald J. Trump ‘on Monday said he was firing US Federal Reserve Governor Lisa Cook over alleged improprieties in obtaining mortgage loans, an unprecedented step that could test the boundaries of presidential power over the independent monetary policy body should it be challenged in court.
2 min |
August 27, 2025
Business World Philippines
Oil prices rise as Russia-Ukraine war threatens to disrupt supply
Oil prices climbed around 2% on Monday, continuing last week’s gains, as traders anticipated more US sanctions on Russian oil and Ukrainian attacks on Russian energy infrastructure that could disrupt supplies.
1 min |
August 27, 2025
Business World Philippines
Foreign telcos, including Starlink, eye role in drafting Konektadong Pinoy IRR — DICT
SOME FOREIGN PLAYERS have also signified their interest in helping craft the implementing rules and regulations (IRR) of the Konektadong Pinoy Act, the Department of Information and Communications Technology (DICT) said.
1 min |
August 27, 2025
Business World Philippines
Ambitious Eala is ready to defy the odds anew against Bucsa
WIN OR LOSE, Alexandra “Alex” Eala is already guaranteed to bring home a $154,000 or approximately P8.7-million cash prize.
2 min |
August 27, 2025
Business World Philippines
Small entrepreneurs urged to shun loan sharks
FILIPINO small entrepreneurs should not be afraid to borrow from banks for their business capital needs because they offer more reasonable interest rates and safer payment terms compared with unregulated lenders, according to UnionDigital Bank’s chief executive officer.
2 min |
August 27, 2025
Business World Philippines
Elon Musk’s xAI sues Apple, OpenAI over AI competition
BILLIONAIRE entrepreneur Elon Musk’s artificial intelligence (AI) startup xAI sued Apple and ChatGPT maker OpenAI in US federal court in Texas on Monday, accusing them of illegally conspiring to thwart competition for AI.
1 min |
August 27, 2025
Business World Philippines
Into the rabbit hole of Philippine theater
THE colorful characters of Lewis Carroll's cherished books, Alice’s Adventures in Wonderland and Through the Looking Glass, have come to life through the latest offering by Repertory Philippines (REP).
3 min |
August 27, 2025
Business World Philippines
Poll: BSP likely to cut rates by 25 bps
THE BANGKO Sentral ng Pilipinas (BSP) is widely expected to cut rates for a third straight meeting on Thursday amid a continued downtrend in inflation and a slowdown in economic growth, analysts said.
5 min |
August 26, 2025
Business World Philippines
World’s central bankers fear being caught in Federal Reserve's storm
Global central bankers gathered at a US mountain resort over the weekend are starting to fear that the political storm surrounding the US Federal Reserve may engulf them too.
4 min |
August 26, 2025
Business World Philippines
T-bill, bond yields may decline with BSP expected to cut rates
YIELDS on the Treasury bills (T-bills) and Treasury bonds (T-bonds) to be offered this week could mostly go down ahead of an expected rate cut by the Bangko Sentral ng Pilipinas (BSP) on Thursday.
3 min |
August 26, 2025
Business World Philippines
Gov't eyes raising P194 billion from privatization of big-ticket assets
THE DEPARTMENT of Finance (DoF) is eyeing to raise P193.65 billion from the privatization of big-ticket government assets, including the Financial Center Area in Pasay City and Food Terminal, Inc. (FTI) property in Taguig City, by 2026.
3 min |
August 26, 2025
Business World Philippines
RCBC expects double-digit growth in credit card receivables
THE CREDIT CARD arm of Rizal Commercial Banking Corp. (RCBC) expects sustained double-digit growth in loans over the next two years, driven by strong consumer spending amid low inflation and easing interest rates.
2 min |
August 26, 2025
Business World Philippines
Gov't must regulate critical information infrastructure, AI as cyberthreats grow
THE PHILIPPINE government must prioritize measures that would regulate the country’s critical information infrastructure and artificial intelligence (AI) use amid the growing sophistication of cyberattacks, industry experts said.
2 min |
August 26, 2025
Business World Philippines
Energy transition leading to higher inflation and lower growth
The other week, on Aug. 14, I attended the AmCham 8 Energy Forum held at Marriott Hotel Manila and energy transition dominated the discussion. Last week, on Aug. 21, I was one of session speakers in the Philippine Chamber of Commerce and Industry-Indonesian Chamber of Commerce and Industry (PCCI-KADIN) Business Forum, held at the PCCI HQ in Taguig City, I and my co-speaker, Iman Arif, talked about the beauty of coal energy.
3 min |