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Business World Philippines

On the 2026 budget and the UPAA alumni awards

Last week the Department of Budget and Management (DBM) submitted the budget 2026 materials to Congress — the National Expenditure Program (NEP), the Budget of Expenditures and Sources of Financing (BESF), the Staffing Summary, and the Budget Priorities Framework.

3 min  |

August 21, 2025

Business World Philippines

Manila slumps to near bottom of smart cities list

MANILA continued its downward slide in the latest global index of “smart cities” by International Society for Urban Informatics (ISUI), even ranking last among select Asia-Pacific cities.

2 min  |

August 21, 2025

Business World Philippines

The future of money

You know you're old — like me — if you have more years behind you than ahead of you; if at some point in your life you flew in or out of the old Manila International Airport (since NAIA ‘Terminal 1 opened only in 1982); or if you knew what Traveler’s Checks (TCs) were, and maybe even used them.

4 min  |

August 21, 2025

Business World Philippines

Trump’s 300% chip tariffs would be ‘prohibitive,’ says Balisacan

US PRESIDENT Donald J. Trump's proposal to impose up to 300% tariffs on semiconductor chip imports to the US would kill global trade, according to Philippine Economy Secretary Arsenio M. Balisacan.

3 min  |

August 21, 2025

Business World Philippines

BoP position swings to deficit in July

THE PHILIPPINES’ balance of payments (BoP) position swung to a $167-million deficit in July as the government paid off external debt, the central bank said on Tuesday.

2 min  |

August 21, 2025

Business World Philippines

Salah wins PFA Player of the Year award for third time

Liverpool forward Mohamed Salah was named the Professional Footballers’ Association (PFA) Player of the Year on Tuesday, with the Egyptian becoming the first player to win the award three times.

1 min  |

August 21, 2025

Business World Philippines

PSEi ends flat as market awaits Fed policy hints

PHILIPPINE STOCKS ended flat on Wednesday as investors stayed on the sidelines ahead of a trading break and the US Federal Reserve’s Jackson Hole symposium.

2 min  |

August 21, 2025

Business World Philippines

JuanHand partners with ECPAY for seamless payment accessibility

JUANHAND has partnered with payment solutions provider Electronic Commerce Payments Inc. (ECPAY) to enhance its services and offer customers faster, more convenient transactions.

1 min  |

August 21, 2025

Business World Philippines

Unicapital cuts PSEi year-end forecast to 7,100

LOCAL BROKERAGE Unicapital Securities, Inc. has lowered its year-end forecast for the Philippine Stock Exchange index (PSEi) to 7,100 from 7,800, citing slower corporate earnings growth.

1 min  |

August 21, 2025

Business World Philippines

Canvas developer Instructure sets up Philippine headquarters

INSTRUCTURE Holdings, Inc., a US-based education technology company, has set up its headquarters in the Philippines as part of its expansion in Asia.

1 min  |

August 21, 2025

Business World Philippines

Sustainability of PHL tuna seen at risk after SC ruling

PHILIPPINE tuna could struggle to obtain sustainability certificates following a Supreme Court (SC) ruling that allowed commercial vessels to operate within municipal waters, tuna industry groups said on Tuesday.

1 min  |

August 21, 2025

Business World Philippines

Aluminum hits two-week low on Ukraine riff talks

Aluminum prices slid to their weakest level in nearly two weeks on Tuesday on the prospect of an end to the Ukraine war that might allow major producer Russia to boost supply.

1 min  |

August 21, 2025

Business World Philippines

Marcos freezes P80-billion infra funds, vows charges against ‘ghost’ projects

PRESIDENT Ferdinand R. Marcos, Jr. has ordered a freeze on P60 billion to P80 billion worth of infrastructure funds in the 2025 national budget, citing inconsistencies with the government’s Philippine Development Plan (PDP).

3 min  |

August 21, 2025

Business World Philippines

Air Canada labor deal may reshape pay for North American airline crews

A crippling strike by Air Canada flight attendants that grounded thousands of flights over wages and unpaid labor is the latest blow to the airline industry’s compensation system that does not fully pay cabin crews for their hours at work.

2 min  |

August 21, 2025

Business World Philippines

Competition regulator clears Inoza-TBG deal

THE Philippine Competition Commission (PCC) said it cleared Inoza Business Holdings, Inc.’s proposed acquisition of a majority stake in TBG Food Holdings, Inc. (TBG Holdings).

1 min  |

August 21, 2025

Business World Philippines

Google tweaks Google Play conditions following European Union pressure

Alphabet unit Google said on Tuesday it will make it easier for app developers to steer customers to channels other than Google after the European Union (EU) competition watchdog charged it with breaching EU regulations.

1 min  |

August 21, 2025
Business World Philippines

Business World Philippines

Heartfelt stories shine in 2nd 'Kwentong Buhay, Kwentong Bahay'

P.A. PROPERTIES has successfully concluded the second season of its “Kwentong Buhay, Kwentong Bahay” Vlogging Competition, with winners whose inspiring stories resonated deeply with thousands of viewers online.

1 min  |

August 21, 2025
Business World Philippines

Business World Philippines

Hotel101 to open 2 hotels in Cambodia by 2028

HOTELI101 GLOBAL Pte. Ltd., the Singapore-based unit of DoubleDragon Corp. (DD), is building two hotel projects in Cambodia that are slated for completion by 2028.

1 min  |

August 21, 2025

Business World Philippines

PAL opens Siargao flights via Clark, Cebu

PHILIPPINE AIRLINES (PAL) is expanding its domestic network with additional flights to Siargao Island in Surigao del Norte via Clark and Cebu, the flag carrier said on Wednesday.

1 min  |

August 21, 2025

Business World Philippines

India plans to ban online games played with money, citing addiction risks

India’s government plans to ban online games played with money, a proposed bill showed on Tuesday, in what would be a heavy blow for an industry that has attracted billions of dollars of foreign investment.

1 min  |

August 21, 2025

Business World Philippines

CCPI to host Ukraine-Philippines Forum with Ambassador of Ukraine

THE CHAMBER of Commerce of the Philippine Islands (CCPI) will hold a Special Forum on Ukraine-Philippines Landscape on Aug. 30, Saturday), from 10 a.m. to 1 p.m. at the historic Chamber Building in Intramuros, Manila.

1 min  |

August 21, 2025

Business World Philippines

Crude oil prices slide on talks to end Russian invasion of Ukraine

Crude oil prices fell on Tuesday as traders bet that talks over a possible agreement to legitimize or end Russia’s invasion of Ukraine could ease sanctions on Russian crude oil, boosting global supply.

1 min  |

August 21, 2025

Business World Philippines

Trump again attacks Fed chair, says Powell 'hurting' the housing industry

President Donald J. Trump said on Tuesday that US Federal Reserve Chair Jerome Powell is “hurting” the housing industry “very badly” and repeated his call for abig cut to US interest rates.

2 min  |

August 21, 2025

Business World Philippines

Partnering for a flood of innovation: PPPs and disaster resilience

TAXWISE OR OTHERWISE JOELLE GARCIA

4 min  |

August 21, 2025

Business World Philippines

Gatecrashers

THE word “gatecrasher” comes from the 1920s and refers to those who join an event (like a party or a concert) without an invitation or ticket. In the ’60s, local usage of the word embraced parties where gate passes were issued to legitimate guests.

3 min  |

August 21, 2025

Business World Philippines

Nasdaq, S&P 500 plunge on weak tech stocks as Nvidia shares drop 3.5%

THE NASDAQ and S&P 500 slid on Tuesday driven by tech stocks, as investors gear up for what US Federal Reserve chair Jerome H. Powell will say about the path of interest rates at a key conference later in the week.

2 min  |

August 21, 2025

Business World Philippines

Heart Mate, Robinsons Supermarket donates P5 per pack to PGHMFI patients

AS PART of its 25\" anniversary celebration, Heart Mate Canola Oil is turning the simple act of cooking into something more meaningful.

1 min  |

August 21, 2025

Business World Philippines

Vietnam warned Philippines may seek other rice suppliers

AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. said the Philippines is prepared to turn to other rice suppliers if Vietnam challenges the government's plan to suspend rice imports for 60 days.

2 min  |

August 21, 2025

Business World Philippines

Palawan sites being studied for potential hydrogen resources

THE Department of Energy (DoE) said sites in Palawan are being investigated for potential hydrogen resources.

1 min  |

August 21, 2025

Business World Philippines

PSE sets guidelines on stock market trading during disasters

TRADING at the stock market is automatically canceled if Metro Manila is placed under Tropical Cyclone Wind Signal (TCWS) No. 3 or higher, according to new rules issued by the Philippine Stock Exchange, Inc. (PSE).

2 min  |

August 21, 2025