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Business World Philippines

Philippines, India hold 1* joint naval drills in contested South China Sea

THE PHILIPPINES and India held their first joint naval exercises in the disputed South China Sea, Philippine military officials said on Monday, just as President Ferdinand R. Marcos, Jr. left for a state visit to New Delhi.

2 min  |

August 05, 2025

Business World Philippines

Meralco Bolts to compete in 2025-2026 East Asia Super League

THE Meralco Bolts are ready to fly the Philippine flag anew as they compete in the East Asia Super League’s (EASL) 2025-2026 season.

1 min  |

August 05, 2025

Business World Philippines

Meralco signs 20-year biogas supply deal

MANILA ELECTRIC CO. (Meralco) has entered into a 20-year power supply agreement (PSA) with First Quezon Biogas Corp. (FQBC) to source part of its renewable energy (RE) supply from a 1.4-megawatt (MW) biogas power plant.

1 min  |

August 05, 2025

Business World Philippines

Megaworld earmarks MREIT share sale proceeds for Cebu, Bacolod townships

LISTED property developer Megaworld Corp. said it will use the proceeds from its recent block sale of MREIT, Inc. shares to support the continued development of its townships in Cebu and Bacolod.

1 min  |

August 05, 2025
Business World Philippines

Business World Philippines

DBP on track to hit P5-B profit goal

THE DEVELOPMENT Bank of the Philippines (DBP) is on track to hit its P5-billion income target this year, its top official said.

2 min  |

August 05, 2025
Business World Philippines

Business World Philippines

Proposed flood-control budget reduced 26% to P275 billion

THE Department of Budget and Management (DBM) said the government is proposing a 26.08% reduction in flood-control funding to P274.9 billion in 2026.

1 min  |

August 05, 2025

Business World Philippines

PHL shares go up on bargain hunting before CPI

PHILIPPINE STOCKS extended their climb on Monday as investors bought bargain stocks and on expectations of slower headline inflation in July.

2 min  |

August 05, 2025

Business World Philippines

CapitalG, Nvidia to fund Vast Data at up to $30-B valuation

Alphabet's growth-stage venture arm CapitalG and Nvidia are in talks to invest in artificial intelligence (AI) infrastructure provider Vast Data in a new funding round that could value the startup as high as $30 billion, two sources said.

2 min  |

August 05, 2025

Business World Philippines

Four teams battle for the last two PVL quarterfinals berths

PETRO GAZZ and Akari face off and ZUS Coffee and Choco Mucho clash on Tuesday for the last two quarterfinals berths in the Premier Volleyball League (PVL) on Tour at the PhilSports Arena.

1 min  |

August 05, 2025

Business World Philippines

Alaska Milk not expecting to raise prices this year

ALASKA MILK Corp. said that it will be keeping prices steady this year, citing the need to maintain affordability and accessibility across its product lineup.

1 min  |

August 05, 2025

Business World Philippines

Gold bullion prices ease on profit taking

GOLD PRICES edged lower on Monday as investors booked profits after a sharp rise in the previous session on weaker-than-expected US jobs data that boosted expectations for a US Federal Reserve interest rate cut in September.

1 min  |

August 05, 2025
Business World Philippines

Business World Philippines

Our romance with ‘small is beautiful’ and how large businesses provide needed remedies

THE MAIN PROBLEM with large commercial establishments is the “too-big-to-fail” feature: when a commercial and industrial enterprise has become so large and encompassing, they achieve quasi-immunity from regulatory intervention by virtue of size and systemic reach.

5 min  |

August 05, 2025

Business World Philippines

SEC alerts public on 10 crypto platforms

THE Securities and Exchange Commission (SEC) has issued an advisory on ten cryptocurrency platforms that it said are operating without the necessary registration.

1 min  |

August 05, 2025
Business World Philippines

Business World Philippines

T-bill, RTB rates to track secondary market levels

RATES of the Treasury bills (T-bills) on offer on Monday could end mostly lower on bets of further monetary easing by the Bangko Sentral ng Pilipinas (BSP), while the five-year retail Treasury bonds (RTBs) could fetch yields close to comparable secondary market levels at the rate-setting auction.

3 min  |

August 04, 2025

Business World Philippines

PHL loses tariff edge as US also sets 19% rate on 4 ASEAN members

THE PHILIPPINES may have lost its edge in the US market as the US imposed a similar 19% tariff on imports from Indonesia, Cambodia, Malaysia and Thailand, analysts said.

3 min  |

August 04, 2025

Business World Philippines

Poll: Inflation likely slowed in July

HEADLINE INFLATION likely fell to a near six-year low in July due to softer prices of food and fuel, analysts said.

5 min  |

August 04, 2025

Business World Philippines

BSP to refine economic surveillance tools

THE Bangko Sentral ng Pilipinas (BSP) is working on further refining their economic surveillance tools to better capture data and enhance policymaking, an official said.

2 min  |

August 04, 2025

Business World Philippines

Gov’t debt yields end mixed on BSP, Fed bets

YIELDS on government debt traded on the secondary market ended mixed last week amid expectations of further monetary easing by the Bangko Sentral ng Pilipinas (BSP) and with the US Federal Reserve staying cautious.

2 min  |

August 04, 2025

Business World Philippines

Mayor Vico Sotto deals with congestion in Pasig City public schools

Education Secretary Sonny Angara recently stated that given the current budget and the growing classroom shortage, it could take up to 30 years to fully address public school congestion.

3 min  |

August 04, 2025

Business World Philippines

BingoPlus Foundation bring relief to storm-hit Cavite

BINGOPLUS Foundation, the social development arm of DigiPlus Interactive Corp., continues to deliver critical relief to storm-stricken communities, reaching hundreds of families in Cavite while also preparing a major donation to the Department of Social Welfare and Development (DSWD).

1 min  |

August 04, 2025

Business World Philippines

Japanese shoe store opening in Manila

ABC-MART, the landmark Japanese footwear retailer, will be opening stores in the Philippines starting September.

2 min  |

August 04, 2025

Business World Philippines

Chinese research vessel spotted near Batanes, says Philippine Coast Guard

THE PHILIPPINE Coast Guard (PCG) has reported the presence of a Chinese research vessel operating within the country’s exclusive economic zone (EEZ), sighted during a routine aerial patrol on Saturday near the Babuyan Islands in northern Luzon.

2 min  |

August 04, 2025

Business World Philippines

SC Malampaya ruling expected to boost investor confidence

THE SUPREME COURT (SC) ruling confirming that the income taxes of private contractors in the Malampaya natural gas project are included in the government's share of proceeds is expected to reassure investors, according to the Department of Energy (DoE).

1 min  |

August 04, 2025

Business World Philippines

PHL urged to deepen defense, trade ties with India during Marcos visit

THE PHILIPPINES should use its upcoming bilateral meeting with India to expand defense cooperation and secure more military equipment, amid ongoing tensions in the South China Sea, political analysts said.

2 min  |

August 04, 2025

Business World Philippines

IPO pipeline seen to stay thin for remainder of 2025

DOMESTIC initial public offering (IPO) activity is expected to remain limited for the rest of the year amid uncertainties related to tariffs, according to analysts.

2 min  |

August 04, 2025

Business World Philippines

India carves out industries to protect vs US imports

US President Donald J. Trump imposed a 25% tariff on Indian goods after prolonged talks that got bogged down over access to India’s labor-intensive agricultural sector, which New Delhi has pledged to protect.

2 min  |

August 04, 2025
Business World Philippines

Business World Philippines

Common station contractor picked this year

THE DEPARTMENT of Transportation (DoTr) is hoping to award the contract for the commuter rail common station this year, following the termination of the previous contract.

1 min  |

August 04, 2025

Business World Philippines

Placing humans at center during AI transition

Second of two parts

5 min  |

August 04, 2025

Business World Philippines

GoTyme disburses over P5B in loans

GOTYME BANK has disbursed over P5 billion in loans as of end-July, driven by continued customer growth.

1 min  |

August 04, 2025

Business World Philippines

Philippine debt payments down 1.42% in June

THE National Government’s (NG) debt service bill fell in June as amortization on domestic debt declined, the Bureau of the Treasury (BTr) reported.

1 min  |

August 04, 2025