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Business World Philippines

IMF raises Philippine growth forecast for 2026

THE INTERNATIONAL Monetary Fund (IMF) raised its gross domestic product (GDP) growth forecast for the Philippines for 2026 but kept its projection for this year amid heightened global uncertainty.

2 min  |

July 30, 2025

Business World Philippines

Online gambling restrictions still on the table, DoF says

THE GOVERNMENT is still looking to more closely regulate online gambling, the Department of Finance (DoF) said, after the President failed to clarify his stance on the industry in his State of the Nation Address (SONA) on Monday.

1 min  |

July 30, 2025

Business World Philippines

BSP eyes prudential requirements for digital-centric banks

THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to set prudential requirements for “digital-centric” banks as it wants to level the playing field and ensure financial stability.

3 min  |

July 30, 2025

Business World Philippines

Gunman's deadly spree in midtown Manhattan spawns evening of fear in New York City

WORK was winding down at 345 Park Avenue on Monday when a man strode across the public plaza just outside the Midtown Manhattan tower with an assault rifle in his hand.

3 min  |

July 30, 2025

Business World Philippines

Yuchengco firm’s solar project cleared for August launch

YUCHENGCO-LED San Jose Green Energy Corp. (SJGEC) is set to commence the commercial operations of its 19.6-megawatt (MW) San Jose Solar Power Project (SJSPP) in Nueva Ecija next month.

1 min  |

July 30, 2025
Business World Philippines

Business World Philippines

Techno Holdings ventures into health & wellness with two new brands

TECHNO Holdings Corp., the parent company behind ten vibrant subsidiaries operating across six industries, is expanding its footprint into health, beauty, and wellness.

1 min  |

July 30, 2025

Business World Philippines

BDO raises P115 billion via sustainability bonds

BDO UNIBANK, Inc. has raised P115 billion from its latest offering of peso-denominated sustainability bonds.

1 min  |

July 30, 2025

Business World Philippines

BeepXTRA targets more MSME partners in expansion push

BEEPXTRA Philippines, Inc. (bXTRA), a cloud-based platform that integrates loyalty, delivery and sustainability services, is looking to onboard more than 160 partner merchants each month as it scales its operations to support micro, small and medium enterprises (MSMEs) in the country.

2 min  |

July 30, 2025
Business World Philippines

Business World Philippines

AI adoption boosting growth in PHL IT-BPM sector – Concentrix

THE PHILIPPINE information technology-business process management (IT-BPM) sector continues to grow, supported by increased adoption of artificial intelligence (AI) to help workers adapt to evolving job roles, according to Concentrix Philippines.

1 min  |

July 30, 2025

Business World Philippines

Philippines, Israel agree to explore FTA

THE PHILIPPINES and Israel have agreed to pursue talks that could lead to the signing of a free trade agreement (FTA) before the government’s term ends in 2028.

2 min  |

July 30, 2025

Business World Philippines

Senate President sees no need to convene impeachment court

THE SENATE no longer needs to convene as an impeachment court after the Supreme Court voided the impeachment of Vice-President Sara Duterte-Carpio, Senate President Francis G. Escudero said on Tuesday.

2 min  |

July 30, 2025

Business World Philippines

NCCA holds inaugural choral competition

LOCAL CHOIR GROUPS, selected from the geographic clusters of Luzon, Visayas, Mindanao, and the National Capital Region, are set to compete at the culmination of Linggo ng Musikang Pilipino (LMP).

2 min  |

July 30, 2025

Business World Philippines

Gold bullion falls ahead of Fed meeting

GOLD fell to a near three-week low on Monday as a US-European Union (EU) trade accord lifted the dollar and risk sentiment, while investors awaited fresh cues on rate policy from this week’s US Federal Reserve meeting.

1 min  |

July 30, 2025

Business World Philippines

DTI eyes higher MSME funding after Marcos push in SONA

THE Department of Trade and Industry (DTD) is seeking more funding for micro, small and medium enterprises (MSMEs) after President Ferdinand R. Marcos, Jr’s renewed call for stronger MSME supportin his fourth State of the Nation Address (SONA).

2 min  |

July 30, 2025

Business World Philippines

Senators elect committee chairpersons

Senators on Tuesday elected panel heads for 31 Senate Committees for the 20th Congress.

1 min  |

July 30, 2025

Business World Philippines

Signals and substance:

Connecting promises, performance, and public expectation

4 min  |

July 30, 2025

Business World Philippines

PTA hoping Eala could join the PHL team in SEA Games

FOR a national sports association that is still picking up the pieces less than a year after its reinstatement from suspension, the Philippine Tennis Association (PTA) is accepting everything that could serve as a shot in the arm to its battered program.

1 min  |

July 30, 2025

Business World Philippines

Chinese ships return to Scarborough Shoal after series of tropical storms

CHINESE naval activity near the disputed Scarborough Shoal in the South China Sea, known locally as Bajo de Masinloc, has surged after a brief lull due to severe weather in mid-July, according to the Philippine Navy.

2 min  |

July 30, 2025

Business World Philippines

Senators and congressmen seek open budget talks

SENATORS on Tuesday filed a joint resolution calling for greater transparency in bicameral conference committee proceedings, citing irregularities in the 2025 national budget deliberations that they said violated the Constitution and undermined public trust.

1 min  |

July 30, 2025

Business World Philippines

Yoshinobu Yamamoto strikes out 9, leads Dodgers over Reds

YOSHINOBU YAMAMOTO allowed just one run with nine strikeouts over seven innings, and Shohei Ohtani hit a two-run double to send the visiting Los Angeles Dodgers to a 5-2 win over the Cincinnati Reds on Monday night.

1 min  |

July 30, 2025

Business World Philippines

Les Misérables: World Tour coming to Manila in January

LES MISERABLES: World Tour Spectacular — a reimagining of the famed musical, which is approaching its 40\" anniversary of performances at London’s Sondheim Theatre — will be coming to Manila in January 2026 at The Theatre at Solaire, it was announced on Tuesday.

1 min  |

July 30, 2025
Business World Philippines

Business World Philippines

Robinsons Retail Q2 profit drops on higher interest expenses

GOKONGWEI-LED Robinsons Retail Holdings, Inc. (RRHI) said its attributable net income for the second quarter fell by 13.2% to P1.5 billion from P1.72 billion a year earlier due to higher interest expenses and losses from minority investments.

1 min  |

July 30, 2025

Business World Philippines

Del Monte launches 'Nutri-licious' advocacy to fight malnutrition

AS PART of its centennial celebration anchored on the theme of “Nourishing Goodness,” Del Monte Philippines launches the ‘Nutri-licious’ advocacy, a nationwide effort that empowers moms to serve affordable, nutritious meals that can help address malnutrition in Filipino households.

1 min  |

July 30, 2025

Business World Philippines

Enough apologies: How Japan is shaking its price hike phobia

When Japanese ice pop maker Akagi Nyugyo raised its prices a meager 10 yenin 2016, its somber-faced management appeared in a one-minute commercial, bowing silently in apology as a melancholy folk song lamented the inevitability of price hikes.

3 min  |

July 30, 2025

Business World Philippines

Recto considers reenacted 2026 budget to be unlikely

THE GOVERNMENT is unlikely to operate under a reenacted budget next year, with Congress expected to heed the President’s warning not to deviate significantly from the Executive branch’s spending plan, Finance Secretary Ralph G. Recto said on Tuesday.

1 min  |

July 30, 2025

Business World Philippines

Baker Hughes nears $13.6-B deal to buy Chart

OIL and gas equipment supplier Baker Hughes is nearing a $13.6-billion cash deal to buy Chart Industries, edging out rival suitor Flowserve, the Financial Times (FT) reported on Monday, citing sources familiar with the matter.

1 min  |

July 30, 2025

Business World Philippines

How US-EU aircraft rivals united to preserve tariff-free aircraft trade

A provisional deal between the United States and the European Union (EU) to exempt aircraft from tariffs avoids a potential threat to jet production and deliveries in both regions and caps months of uncharacteristic unity among planemaking rivals.

3 min  |

July 30, 2025
Business World Philippines

Business World Philippines

From teammate to rivals, Tenorio as new head coach of Magnolia

MANILA Clasico will never be the same, especially for Barangay Ginebra players who will now be at the frontlines against the longest-tenured Gin King LA Tenorio as the new head coach for archnemesis Magnolia starting in PBA Season 50 in October.

2 min  |

July 30, 2025

Business World Philippines

S&P 500, Nasdaq again close at record highs; stocks trading choppy

The S&P 500 edged higher to eke out a record high close for a sixth straight session on Monday, while the Nasdaq also advanced to a closing record in choppy trade as investors gauged the US-European Union (EU) trade pact and prepared for a week of major market catalysts.

2 min  |

July 30, 2025

Business World Philippines

Peso slumps to 1-month low on BSP cut hints

THE PESO slumped to an over one-month low against the dollar on Tuesday after Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. said another rate cut is possible as early as next month.

2 min  |

July 30, 2025