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Business World Philippines

Business World Philippines

BIR March collections top P198 billion, up 11.87%

THE Bureau of Internal Revenue (BIR) said gross collections hit P198.755 billion in March, up 11.87% from a year earlier.

1 min  |

April 16, 2026

Business World Philippines

Cash remittances hit 9-month low in February

MONEY SENT HOME by overseas Filipino workers (OFWs) fell to its lowest level in nine months in February, the Bangko Sentral ng Pilipinas (BSP) reported.

2 min  |

April 16, 2026

Business World Philippines

US allies eye Japan’s biggest arms opening since World War II

Japan’s imminent easing of arms export rules has sparked strong interest from Warsaw to Manila, Reuters reporting found, as President Donald J. Trump wavers on security commitments to allies and the wars in Iran and Ukraine strain US weapons supplies.

5 min  |

April 16, 2026
Business World Philippines

Business World Philippines

Luxury brands book sales drop as Mideast war takes toll on airport shopping

From DFS to Avolta, duty-free stores selling premium perfumes and spirits to big spenders are feeling the pinch as conflict in the Middle East shuts airports and curbs travel to the region, a setback likely to become more acute as the war drags on.

2 min  |

April 16, 2026
Business World Philippines

Business World Philippines

Calumpang National High School to celebrate 60th Grand Alumni Homecoming

CALUMPANG NATIONAL High School (CNHS) of Calumpang, Nagcarlan, Laguna, invites its alumni to join the 60th Grand Alumni Homecoming on May 1 at the CNHS campus, with the theme “Let us cherish the past, celebrate the present, embrace the future.”

1 min  |

April 16, 2026

Business World Philippines

Rockwell Land profit jumps 28% on residential, leasing gains

ROCKWELL LAND Corp. reported a 27.6% increase in attributable net income to P4.73 billion for 2025 from P3.71 billion in 2024, driven by higher residential revenues, growth in leasing income, and gains from the acquisition and consolidation of Alabang Commercial Corp. (ACC).

1 min  |

April 16, 2026

Business World Philippines

Arthal and keeps PRS Aa rating for P3-B bonds

LISTED property developer Arthaland Corp. said it retained its PRS Aa credit rating from Philippine Rating Services Corp. for its P3-billion green bonds, with a stable outlook.

1 min  |

April 16, 2026

Business World Philippines

PEZA registers P370-million manufacturer of solar modules targeting European markets

THE Philippine Economic Zone Authority (PEZA) said it approved a P370-million investment by a renewable energy manufacturer seeking to produce solar photovoltaic modules at a Batangas facility for export to European Union.

1 min  |

April 16, 2026
Business World Philippines

Business World Philippines

Century Properties income rises 14% to P2.77B in 2025

LISTED property developer Century Properties Group, Inc. (CPG) reported a 14% increase in its 2025 net income to P2.77 billion from P2.44 billion a year earlier.

1 min  |

April 16, 2026
Business World Philippines

Business World Philippines

How Spain’s Priorat DOC Classification copies French Burgundy

WHEN I attended my first Barcelona Wine Week last February, now considered Spain’s most important wine fair, I got my chance to connect with the newer developments happening with the Spanish wine regions.

5 min  |

April 16, 2026

Business World Philippines

House eyes May 4 vote to scrap VAT on fuel amid Executive resistance

THE House of Representatives is targeting a May 4 vote on a proposal to remove the value-added tax (VAT) on petroleum products, as lawmakers push broader relief from rising fuel costs despite opposition from the government's economic team.

2 min  |

April 16, 2026

Business World Philippines

Prime Energy eyes new gas blocks beyond Malampaya

RAZON-LED Prime Energy Resources Development B.V., operator of the Malampaya gas field, said it is exploring potential areas beyond the country's main natural gas source to help firm up power supply.

2 min  |

April 16, 2026

Business World Philippines

Infrastructure: The next frontier of Philippine fintech

IN 2026, the Philippines has no shortage of fintech.

3 min  |

April 16, 2026
Business World Philippines

Business World Philippines

Eala gets early door at Porsche Tennis Grand Prix

HOMEGROWN ace Alexandra “Alex” Eala folded to the higher-ranked Filipina-Canadian Leylah Fernandez, 6-1, 6-4, for an early exit in the WTA 500 Porsche Tennis Grand Prix on Wednesday at the Porsche Arena in Stuttgart, Germany.

1 min  |

April 16, 2026

Business World Philippines

Pump prices may drop further next week — DoE

LOCAL PUMP PRICES may continue to decline next week based on early estimates, despite renewed upward pressure on global oil prices following the US blockade of Iranian ports, a Department of Energy (DoE) official said.

3 min  |

April 16, 2026

Business World Philippines

Remolona: BSP has room to tighten

The Bangko Sentral ng Pilipinas (BSP) said it has room to raise policy rates as the National Government's planned catch-up spending is expected to cushion the economy from a sharper slowdown amid the energy crisis.

4 min  |

April 16, 2026

Business World Philippines

The SEC’s procedural turn

On Feb. 11, the Securities and Exchange Commission (SEC) issued Memorandum Circular 08-2026, prescribing an updated set of procedural rules to be observed for adjudicative and administrative actions filed with the SEC.

4 min  |

April 16, 2026

Business World Philippines

CLI says 2026 capex could reach P20B on consolidated basis

CEBU Landmasters, Inc. (CLI) said its total capital expenditure (capex) for 2026 could reach around P20 billion on a consolidated basis, clarifying that an earlier P12 billion to P14 billion figure covered only the parent company.

1 min  |

April 16, 2026

Business World Philippines

ArenaPlus puts P1 billion on the line in prediction challenge

DIGIPLUS INTERACTIVE CORP., through its flagship sportsbook platform ArenaPlus, formally launched its P1-Billion Bracket Challenge last March 21, at the Mall of Asia Sky Deck Amphitheater in Pasay City.

1 min  |

April 16, 2026

Business World Philippines

Philippine fintech industry’s growth limited by infrastructure gaps — report

THE PHILIPPINES’ financial technology (fintech) ecosystem’s growth is constrained by the lack of supporting infrastructure despite robust demand for digital transactions, according to a report by venture capital firm Kaya Founders.

4 min  |

April 16, 2026

Business World Philippines

Amazon to buy satellite firm Globalstar in $11.57-billion deal to take on Musk’s Starlink

AMAZON.COM said on Tuesday it will acquire Globalstar in an $11.57-billion deal, bolstering its fledgling satellite business as it tries to catch up with Elon Musk’s Starlink.

2 min  |

April 16, 2026

Business World Philippines

Crude oil prices fall on hopes of more talks between US and Iran

Crude oil prices dropped on Tuesday on hopes Iran will resume talks with the US and Israel to end the conflict that has shut the Strait of Hormuz, one of the world’s major waterways for transporting crude and refined products.

2 min  |

April 16, 2026

Business World Philippines

US set to launch tariff refund system on April 20

PRESIDENT Donald J. Trump’s administration plans to launch next Monday (April 20) the system it will use for issuing refunds to American importers for $166 billion the companies paid in tariffs that the US Supreme Court struck down in February as unlawful.

1 min  |

April 16, 2026
Business World Philippines

Business World Philippines

Farm Fresh takes on Creamline for last ticket to PVL All-Filipino Conference championship

FARM FRESH searches for a breakthrough finals appearance while Creamline eyes its 16\" stint there as they collide on Thursday for the last ticket to the PVL All-Filipino Conference championship round at the FilOil Arena.

1 min  |

April 16, 2026

Business World Philippines

Megaworld to start development of P12-B Batangas township

PROPERTY DEVELOPER Megaworld Corp. said it will begin land development for its P12-billion San Benito Private Estate in Lipa City, Batangas as part of its push to expand township projects outside Metro Manila.

1 min  |

April 16, 2026
Business World Philippines

Business World Philippines

SmartSave Chemotherapy Center opens in Rizal

SMARTSAVE Chemotherapy Center, a subsidiary of We Hope Medical Group is now open to serve its residents and the rest of the province of Rizal.

1 min  |

April 16, 2026

Business World Philippines

Maharlika says talks ongoing for petroleum storage project

THE MAHARLIKA Investment Corp. (MIC) said it is in talks with the government to finance a fuel storage facility, and is working to provide working capital to fuel importers to address their ability to maintain adequate inventory.

1 min  |

April 16, 2026

Business World Philippines

Term deposit yield declines on strong demand, lower oil prices

THE CENTRAL BANK’S term deposits fetched a slightly lower average yield on Wednesday as the offer drew strong demand and with global oil prices easing.

2 min  |

April 16, 2026

Business World Philippines

Philippines, China reaffirm diplomacy

THE Philippines and China reaffirmed their commitment to diplomacy as they navigate tensions in the South China Sea, following a meeting between Executive Secretary Ralph G. Recto and Chinese Ambassador to Manila Jing Quan.

1 min  |

April 16, 2026
Business World Philippines

Business World Philippines

Taxing mobility's future

The market is now moving towards EVs faster than anyone predicted, driven not by environmental conviction but by a national emergency caused by the surge in prices of gasoline, diesel, kerosene, and other fuel.

5 min  |

April 16, 2026