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Business World Philippines

PSEi retreats as focus shifts to key data releases

PHILIPPINE SHARES retreated again on Thursday after ending in the green the past two sessions as cautious sentiment prevailed after the US Federal Reserve chief’s hawkish statement and before the release of key economic data next week.

2 min  |

October 31, 2025
Business World Philippines

Business World Philippines

Golden Haven Pet Crematorium Showcases Compassionate Pet Memorial Services at World Pet Expo 2025

Golden Haven Pet Crematorium took part in the World Pet Expo 2025, held from September 25 to 28 at the World Trade Center, Manila, offering furparents an intimate look into how beloved pets are memorialized with dignity and care.

1 min  |

October 31, 2025

Business World Philippines

Revamped Australian environment law will help business and nature

Australia’s government on Thursday introduced an environmental protection bill into parliament that it said would better conserve nature while simplifying approvals for resource and construction projects.

1 min  |

October 31, 2025
Business World Philippines

Business World Philippines

Integrating into multinational supply chains considered ASEAN’s big investment opening

MULTINATIONAL GROUPS seeking to diversify their supply chains are considered the main opportunity for Association of Southeast Asian Nations (ASEAN) economies seeking to attract investment, the UN Trade and Development (UNCTAD) said.

2 min  |

October 31, 2025

Business World Philippines

Marcos expands austerity drive before leaving for APEC Summit in Korea

PRESIDENT Ferdinand R. Marcos, Jr. ordered all Philippine government agencies to adopt a cost-reduction system modeled after the Department of Public Works and Highways (DPWH), as part of a broader push to curb corruption and redirect savings to social programs.

1 min  |

October 31, 2025

Business World Philippines

New Zealand targets shadow fleet in expanded Russia sanctions

New Zealand on Thursday announced expanded sanctions on Russia’s oil industry and shadow fleet while meeting with the Nordic 5 foreign ministers in Stockholm.

1 min  |

October 31, 2025

Business World Philippines

50% of Filipino families feel poor, SWS poll shows

HALF of Filipino families said they were living in poverty, with 1.6 million families considering themselves as “newly poor,” according to a Social Weather Stations (SWS) poll.

1 min  |

October 31, 2025

Business World Philippines

Yesavage strikes out 12 to leave Blue Jays a win away from title

Rookie Trey Yesavage dominated with 12 strikeouts, Davis Schneider hit a home run on the opening pitch and the Toronto Blue Jays moved one victory away from a championship with a 6-1 victory over the Los Angeles Dodgers in Game 5 of the World Series on Wednesday.

2 min  |

October 31, 2025

Business World Philippines

Filipinas settle for 2-2 draw with Uzbekistan in friendly

THE Philippine women's football team failed to capitalize on a two-goal advantage and settled for a 2-2 draw with Uzbekistan in Wednesday's friendly at Rizal Memorial Stadium (RMS).

1 min  |

October 31, 2025

Business World Philippines

UK and Vietnam reach deal on curbing illegal migration

Britain said on Wednesday it had agreed to a deal with Vietnam to curb illegal migration in what it described as the strongest Hanoi had ever agreed with another country.

2 min  |

October 31, 2025

Business World Philippines

Dow falls, S&P 500 flat as Fed rate cut not sure

The Dow ended lower and the S&P 500 finished flat on Wednesday after the US Federal Reserve cut interest rates but Fed Chair Jerome H. Powell said another rate cut in December is far from assured.

1 min  |

October 31, 2025

Business World Philippines

Nvidia hits $5-trillion market valuation as global AI boom powers meteoric rise

NVIDIA made history on Wednesday as the first company to reach $5 trillion in market value, powered by a rally that has cemented its place at the center of the global artificial intelligence (AI) boom.

2 min  |

October 31, 2025

Business World Philippines

Template introduced to streamline power permit process at LGU level

THE Department of Energy (DoE) said it launched a template to streamline the permit process for energy infrastructure projects across local government units (LGUs).

1 min  |

October 31, 2025
Business World Philippines

Business World Philippines

Zombies, jiangshi, draugrs, revenants — monster lore is filled with metaphors for public health

Imagine a city street at dusk, silent save for the rising sound of a collective guttural moan.

4 min  |

October 31, 2025
Business World Philippines

Business World Philippines

AboitizPower to acquire 25% stake in Vietnam coal plant for P12.9B

ABOITIZ Power Corp. (AboitizPower) is set to acquire a 25% stake in Van Phong Power Company Limited (VPCL), operator of a 1,320-megawatt (MW) coal-fired power plant in Vietnam, from Japan’s Sumitomo Corp. for $220 million (around P12.9 billion).

1 min  |

October 31, 2025

Business World Philippines

IMF urges use of more data sources for Residential Property Price Index

THE Bangko Sentral ng Pilipinas (BSP) needs to tap more data sources to improve the Residential Property Price Index (RPPI), the International Monetary Fund (IMF) said.

1 min  |

October 31, 2025

Business World Philippines

Are office uniforms outdated?

Our Chief Executive Officer (CEO) is very much concerned about the image of our organization that he’s thinking of requiring all employees to wear a prescribed uniform every day. He set an annual budget for all 500 workers. What do you think? — May Flower.

3 min  |

October 31, 2025

Business World Philippines

MGreen increases stake in SPNEC to nearly 70%

PANGILINAN-LED MGEN Renewable Energy, Inc. (MGreen) has gained greater control of solar developer SP New Energy Corp. (SPNEC) after businessman-turned-politician Leandro Antonio L. Leviste completed the sale of his shares worth P13.76 billion through a block sale.

1 min  |

October 30, 2025

Business World Philippines

Ayala Land raises P15 billion in ESG-linked bonds

LISTED Ayala Land, Inc. (ALI) said it has raised P15 billion through sustainability-linked bonds (SLBs) to fund green initiatives

2 min  |

October 30, 2025

Business World Philippines

US stocks close on record highs as Nvidia jumps

All three major US stock indexes posted record closing highs again on Tuesday as Nvidia shares gained following news it will build artificial intelligence (AI) supercomputers for the US energy department, and as investors were optimistic about corporate earnings ahead of key results from megacaps this week.

1 min  |

October 30, 2025

Business World Philippines

ERM: Build on risk, or build to last

Every business leader today is navigating a world that feels increasingly unpredictable.

4 min  |

October 30, 2025

Business World Philippines

SM Prime sets interest rates for up to P17-billion bond offering

SM PRIME HOLDINGS, Inc. (SMPH) has announced the initial interest rates for its fixed-rate retail bond Series AB, AC, and AD, which aim to raise up to P17 billion.

2 min  |

October 30, 2025

Business World Philippines

Mid-income condos to drive property market recovery — Colliers

RESIDENTIAL VACANCY in Metro Manila is expected to decline steadily by 2027, driven by renewed demand for middle-income condominium, according to real estate consultancy firm Colliers Philippines.

2 min  |

October 30, 2025

Business World Philippines

Crisis = Opportunity

Political uncertainty has increasingly taken hold of narratives on the country, with Fitch Ratings and Japanese investment bank Nomura being just the latest to warn that the current crisis of governance could hit the Philippines’ investment and overall economic growth hopes.

5 min  |

October 30, 2025

Business World Philippines

Evolving lifestyles among households

The Philippine property market finds its next phase

4 min  |

October 30, 2025
Business World Philippines

Business World Philippines

Megawide receives permit to sell preferred shares

MEGAWIDE Construction Corp. has secured approval from the Securities and Exchange Commission (SEC) to offer up to 20 million preferred shares as part of its fundraising initiative to reduce debt and meet other corporate obligations.

1 min  |

October 30, 2025

Business World Philippines

Philippine anti-graft body recommends charges vs lawmakers in flood scandal

THE Philippines’ Independent Commission for Infrastructure (ICI) on Wednesday recommended the filing of administrative and criminal charges against lawmakers and Public Works officials linked to a multibillion-peso kickback scheme involving flood control projects, marking one of the biggest corruption probes under President Ferdinand R. Marcos, Jr.’s administration.

3 min  |

October 30, 2025

Business World Philippines

Generation Alpha to make up 27% of PHL population in 2030

GENERATION ALPHA, or those born between 2010 and 2024, will make up 27% of the Philippine population in 2030, positioning it to become a major consumer market, Fitch Solutions unit BMI said.

2 min  |

October 30, 2025

Business World Philippines

ADB ready to extend financing to support PHL grid system

The Asian Development Bank (ADB) is looking to extend up to a billion-dollar financing to strengthen the Philippine grid system in anticipation of the entry of new capacity coming from renewables, especially offshore wind.

1 min  |

October 30, 2025

Business World Philippines

Microsoft and OpenAI reach deal removing fundraising constraints for ChatGPT maker

MICROSOFT and OpenAI announced a restructuring deal on Tuesday that frees the ChatGPT maker to move away from its nonprofit roots and likely go public so it can finance Chief Executive Officer (CEO) Sam Altman’s ambitious plans to develop data centers and cutting-edge technology.

2 min  |

October 30, 2025