Newspaper
Business World Philippines
Breaking the world’s addiction to US statistics is hard
ONE of Jimmy Carter's top aides was banned from talking about recessions or depressions.
3 min |
August 13, 2025
Business World Philippines
Proof or it didn’t happen! New ruling on proof of payment
It is now standard for employers to automatically credit the salaries of their employees to their respective bank accounts. In this digital world, gone are the days when employers handed out cash or checks and required employees to sign physical pay slips. While direct deposit offers convenience, this arrangement may also present certain challenges, particularly in proving the actual payment of employees’ monetary benefits.
3 min |
August 13, 2025
Business World Philippines
Art imitates Filipino life: MSMEs take spotlight in BSP exhibit
FROM the local wet market to neighborhood eateries, the Bangko Sentral ng Pilipinas’ (BSP) latest art exhibit shines a spotlight on the heart of Philippine businesses — the micro, small, and medium enterprises (MSMEs).
2 min |
August 13, 2025
Business World Philippines
The Supreme Court – fallible, overstepping, pliable
Christian Monsod and Adolf Azcuna, former members of the Constitutional Commission that drafted the 1987 Constitution, scored the recent ruling of the Supreme Court (SC) declaring the fourth impeachment complaint against Vice-President Sara Duterte unconstitutional.
7 min |
August 12, 2025
Business World Philippines
Gov't to ask US to exempt PHL chip exports from tariffs
THE PHILIPPINE GOVERNMENT is seeking an exemption from US tariffs on select exports, particularly semiconductors, a move aimed at safeguarding one of the country’s most important industries.
3 min |
August 12, 2025
Business World Philippines
Potential entry of Apple Pay, Google Pay to help propel digital payments growth
THE POTENTIAL ENTRY of Apple Pay and Google Pay into the Philippine market could further drive digital payments in the country, according to industry stakeholders.
2 min |
August 12, 2025
Business World Philippines
Netflix is now using generative AI — but it risks leaving viewers and creatives behind
NETFLIX’S recent use of generative artificial intelligence (AI) to create a building collapse scene in the sci-fi show El Eternauta (The Eternaut) marks more than a technological milestone. It reveals a fundamental psychological tension about what makes entertainment authentic.
4 min |
August 12, 2025
Business World Philippines
Gov’t fully awards T-bills as rates on BSP policy easing hints
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it auctioned off on Monday as rates dropped across the board amid dovish signals from the Bangko Sentral ng Pilipinas (BSP) chief.
3 min |
August 12, 2025
Business World Philippines
BSP: August rate cut 'quite likely'
THE Bangko Sentral ng Pilipinas (BSP) could possibly deliver another rate cut later this month, its top official said on Monday.
2 min |
August 12, 2025
Business World Philippines
FDI jumps 21% in May, down in first 5 months
NET INFLOWS of foreign direct investments (FDI) into the Philippines rose by 21.3% year on year in May but declined by 26.9% in the first five months of the year, preliminary data from the central bank showed.
3 min |
August 12, 2025
Business World Philippines
Recto says extending rice import suspension beyond October unlikely
THE PHILIPPINE government is unlikely to extend the 60-day suspension of rice imports after end of October, and has no plans to raise tariffs on rice. Finance Secretary Ralph G. Recto said on Monday.
3 min |
August 12, 2025
Business World Philippines
PHL fiscal support limited in face of tariff turmoil — BMI
THE National Government’s (NG) budget deficit is expect- ed to widen to 6% of economic output this year as escalating trade tensions weigh on fiscal consolidation, Fitch Solutions unit BMI said.
2 min |
August 12, 2025
Business World Philippines
Israel strike kills Al Jazeera journalists in Gaza
A prominent Al Jazeera journalist who had previously been threatened by Israel was killed along with four colleagues in an Israeli airstrike on Sunday, in an attack condemned by journalist and rights groups.
3 min |
August 12, 2025
Business World Philippines
South Palms MGallery opens as 1st 5-star hotel in Panglao Shores
South Palms Resort & Spa Panglao - MGallery Collection has opened as the first five-star hotel in the 50-hectare Panglao Shores estate, aiming to position Bohol as a premier luxury destination with designs rooted in local culture and nature.
2 min |
August 12, 2025
Business World Philippines
PHL, Canada agree to collaborate on plant health, regulatory dev’t
THE Department of Agriculture (DA) said talks with the Canadian government produced an agreement to collaborate on plant health.
1 min |
August 12, 2025
Business World Philippines
Globe marks 50 years on PSE, commits to narrowing digital divide
MARKING its 50\" year as a publicly listed company, Globe Telecom, Inc. reaffirmed its commitment to expand digital solutions and narrow the digital divide across the Philippines.
1 min |
August 12, 2025
Business World Philippines
South Korea, Vietnam leaders pledge deeper ties amid challenges
South Korea and Vietnam pledged deeper economic and strategic cooperation as their leaders held a summit on Monday, with the countries seeking to leverage their business ties to navigate a challenging global trading environment.
1 min |
August 12, 2025
Business World Philippines
Copper futures up on weak dollar, China demand hopes
Copper futures climbed on Monday to hit their highest in more than a week, aided by a softer dollar and China demand hopes, even though supply concerns eased after Codelco got the nod to restart operations at the El Teniente mine in Chile.
1 min |
August 12, 2025
Business World Philippines
Houston Astros jump on Max Fried early to put away NY Yankees
JASON ALEXANDER took a no-hit bid into the sixth inning and pitched six scoreless innings as the visiting Houston Astros took an early lead on Max Fried en route to a 7-1 victory over the struggling New York (NY) Yankees on Sunday afternoon.
1 min |
August 12, 2025
Business World Philippines
Land costs, LGU snags behind more modest 4PH housing goals
THE government's public housing program remains hampered by the high cost of land and lack of capacity by local government units, which may have led to the scaling back of the three million unit government housing target, analysts said.
1 min |
August 12, 2025
Business World Philippines
Agus-Pulangi rehab on track for completion within Marcos term
THE government expects to complete the rehabilitation of the Agus-Pulangi hydroelectric power plant (HEPP) complex in Mindanao before the government steps down, according to the Department of Finance (DoF).
1 min |
August 12, 2025
Business World Philippines
AC Health eyes wider reach with Temasek-backed ABC Impact capital
INVESTMENT FIRM ABC Impact is acquiring around 16% of the Ayala group’s healthcare arm Ayala Healthcare Holdings, Inc. (AC Health) to support the latter’s expansion.
2 min |
August 12, 2025
Business World Philippines
Marcos’ comments on Taiwan ‘misinterpreted’
PHILIPPINE President Ferdinand R. Marcos, Jr. said on Monday that Beijing has “misinterpreted” his comments saying Manila will be inevitably drawn in to a conflict between China and Taiwan should one erupt.
4 min |
August 12, 2025
Business World Philippines
Filipinas in must-win match against top team Myanmar in Asean Women's-MSIG Serenity Cup
AUSTRALIA Under-23 dealt the Filipinas a 0-1 loss on Sunday in Vietnam, making the road to the Asean Women's-MSIG Serenity Cup semifinals tougher for the defending champions.
1 min |
August 12, 2025
Business World Philippines
Indian dialysis group NephroPlus planning $50-M expansion in PHL
THE Department of Trade and Industry (DTI) said it is expecting over $50 million worth of investment from an Indian operator of dialysis centers.
2 min |
August 12, 2025
Business World Philippines
China's Ab&B Bio-Tech shares soar 170% driven by retail demand
Shares of China's Ab&B Bio-Tech gained nearly 170% on Monday, as the vaccine development firm debuted on the Hong Kong Stock Exchange after it raised $55 million in an initial public offering (IPO).
1 min |
August 12, 2025
Business World Philippines
Group files fresh motion to reverse junking of VP impeachment case
A COALITION of Filipino citizens, including Roman Catholic priests, human rights advocates, and members of a nongovernmental organization, has formally filed a Motion for Reconsideration-in-Intervention, asking the Supreme Court (SC) to reverse its July 25 decision declaring the articles of impeachment
1 min |
August 12, 2025
Business World Philippines
Nationals dominate Giants; Justin Verlander reaches career milestone
JAMES WOOD had a pair of two-run doubles out of the leadoff spot, MacKenzie Gore combined with three relievers for a three-hitter and the Washington Nationals spoiled Justin Verlander’s strikeout milestone with an 8-0 thumping of the host San Francisco Giants on Sunday afternoon.
1 min |
August 12, 2025
Business World Philippines
Soybeans rise as Trump hopes China buys more beans
Chicago soybean prices rose more than 2% on Monday after US President Donald J. Trump said he hoped China would quadruple its soybean orders from the United States.
1 min |
August 12, 2025
Business World Philippines
USPS blocks shipping of illicit vapes in boost for Big Tobacco
The US Postal Service (USPS) has cracked down on distributors of unregulated vapes using its services for business shipments, letters reviewed by Reuters show, in a blow to a multibillion-dollar industry that has dented Big Tobacco’s sales.
1 min |