Newspaper
Business World Philippines
SMC secures SEC nod to sell Series 2 preferred shares
SAN MIGUEL CORP. (SMC) said it has received approval from the Securities and Exchange Commission (SEC) to sell up to 400 million Series 2 preferred shares priced at P75 apiece, with potential gross proceeds of about P30 billion if the oversubscription option is fully exercised.
1 min |
October 14, 2025
Business World Philippines
Boutique developer Livingsprings bets on demand for horizontal, nature-inspired living
LIVINGSPRINGS Communities Realty and Development Corp. (LCRDC), a premium boutique developer, is focusing on more wellness-themed residential projects outside the Philippine capital as more Filipinos seek nature-inspired and sustainability-led developments beyond the metro.
3 min |
October 14, 2025
Business World Philippines
50% of Filipinos want Duterte to be liable
HALF of Filipinos think former President Rodrigo R. Duterte should pay for the killings tied to his administration’s war on drugs, according to a Social Weather Stations (SWS) poll.
1 min |
October 14, 2025
Business World Philippines
Today’s AI hype has echoes of a devastating technology boom and bust 100 years ago
The electrification boom of the 1920s set the United States up for a century of industrial dominance and powered a global economic revolution.
3 min |
October 14, 2025
Business World Philippines
Asian shares suffer trade whiplash; Wall Street futures rally
Asian stocks dived for cover on Monday after fresh broadsides in the US-China trade war spooked markets with already stretched valuations, though there were signs risk sentiment had steadied with Wall Street futures bouncing.
2 min |
October 14, 2025
Business World Philippines
Carmakers face key trial in UK lawsuits, decade after ‘dieselgate’ scandal
Some of the world’s biggest carmakers are facing a pivotal trial at London’s High Court on Monday, with lawyers representing 1.6 million claimants accusing them of cheating diesel emissions tests, a decade on from Volkswagen’s “dieselgate” scandal.
1 min |
October 14, 2025
Business World Philippines
Hamas begins releasing Israeli hostages as Trump lands in Israel
Hamas handed over the first seven of 20 surviving Israeli hostages on Monday, a key step in ending two years of ruinous war in Gaza under a ceasefire deal engineered by US President Donald J. Trump, who landed in Israel to address its parliament.
3 min |
October 14, 2025
Business World Philippines
Coal for energy security, infrastructure for energy resilience
Last Friday, Oct. 10, I attended the press conference of the Department of Energy (DoE) with Secretary Sharon S. Garin and several DoE undersecretaries speaking. Many topics were covered — from the planned expansion of waste-to-energy, the expansion of use of electric vehicles, power restoration in storm-ravaged Masbate, and the damage to the power supply from the 6.9-magnitude earthquake in Cebu province. And as the press conference was ongoing, another earthquake, this one with a magnitude of 7.4, hit the Davao region. The power situation was monitored there in real time.
3 min |
October 14, 2025
Business World Philippines
FPI hopes BoC digitalization can reform 'most corrupt' agency, curb smuggling
THE Federation of Philippine Industries (FPI) said it is hoping that digitalization can turn the Bureau of Customs (BoC) around from its current reputation \"from one of the most corrupt to one of the most reformed.
1 min |
October 14, 2025
Business World Philippines
Rico Dowdle stars against ex-mates as Panthers top Cowboys
BRYCE YOUNG threw for three touchdowns, Rico Dowdle rushed for 183 yards and caught a touchdown pass against his former team and the Carolina Panthers beat the Dallas Cowboys 30-27 with a field goal on the final play Sunday afternoon in Charlotte.
1 min |
October 14, 2025
Business World Philippines
PHL targets revival of seaweed export industry
THE Department of Agriculture (DA) said it is targeting a revival in the seaweed export industry, which the Philippines used to dominate.
1 min |
October 14, 2025
Business World Philippines
Crude prices recoup some losses from US-China trade tensions
Crude oil prices rose on Monday after hitting five-month lows in the previous session, as investors hoped potential talks between the presidents of the US and China could ease trade tensions between the world’s two largest economies and oil consumers.
1 min |
October 14, 2025
Business World Philippines
Metro Manila Film Festival announces 8 entries for 2025
THE EIGHT-FILM roster of the 51st Metro Manila Film Festival (MMFF) competition is now complete.
1 min |
October 14, 2025
Business World Philippines
Mariners quiet Blue Jays' bats, take ALCS Game 1
Bryce Miller pitched six strong innings, Cal Raleigh homered and the Seattle Mariners defeated the Toronto Blue Jays 3-1 on Sunday night in Game 1 of the American League Championship Series (ALCS).
1 min |
October 14, 2025
Business World Philippines
Shanghai copper slides as China-US tensions escalate
Shanghai copper tumbled on Monday amid an escalation of trade tension between China and the United States after President Donald J. Trump's threat to sharply hike tariffs.
1 min |
October 14, 2025
Business World Philippines
Bounty Fresh sees chicken industry as least vulnerable to foreign competition
BOUNTY FRESH GROUP said it considers the chicken industry to be less vulnerable to competition from imports than pork or beef, but cited the need to invest in transformation to support demand from the growing population.
1 min |
October 14, 2025
Business World Philippines
Alipato at Muog, Tumandok win big at 2025 Gawad Urian
JL BURGOS' documentary Alipato at Muog emerged victorious at the 48th Gawad Urian awards ceremony, winning the Best Picture, Best Documentary, and Best Editing awards.
2 min |
October 14, 2025
Business World Philippines
Reshaping the tax landscape of the mining industry
The Philippine mining industry has undergone a tax overhaul, and it is far more than a surface-level polish. With Republic Act (RA) No. 12253, otherwise known as the Enhanced Fiscal Regime for Large-Scale Metallic Mining Act, signed by President Ferdinand R. Marcos, Jr. on Sept. 4, 2025, the government is set to reshape how the wealth buried beneath our mineral-rich soil is distributed.
3 min |
October 14, 2025
Business World Philippines
Power plant retirement to be eligible for carbon credits
THE Department of Energy (DoE) has identified the activities that will be deemed eligible for carbon credits, like the early retirement of coal-fired power plants.
1 min |
October 14, 2025
Business World Philippines
AI promises productivity. It’s delivering ‘workslop’
MOST OF US have encountered “AI slop,” the deluge of low-quality content produced by generative artificial intelligence (AI) tools that has inundated the internet. But is this computer-made hogwash taking over our work as well?
3 min |
October 14, 2025
Business World Philippines
Finding an appropriate industrial policy in the knowledge economy
Industrial Policy (IP) in the Philippines started at the end of the World War 2 with a regime of regulated free trade with the US, our primary trading partner at that time. This strategy is embodied in the Bell Trade Act of 1946 which had the following major provisions:
2 min |
October 14, 2025
Business World Philippines
PEZA in smart community tieup with FiberHome
THE Philippine Economic Zone Authority (PEZA) said it signed a partnership with FiberHome Phils., Inc. to develop smart and sustainable economic zones (ecozones).
1 min |
October 14, 2025
Business World Philippines
Chinese food and beverage firms flock to Singapore as first step in expansion drive
A record number of Chinese restaurants and cafes have flooded Singapore over the past year, using the island as a test bed for global expansion as they escape pallid consumer demand, extreme price competition and super-squeezed profit margins back home.
2 min |
October 14, 2025
Business World Philippines
Strict ownership disclosure rules seen to boost investor trust
THE Securities and Exchange Commission’s (SEC) proposed rules requiring corporations to disclose their beneficial owners are expected to strengthen transparency and governance standards in the Philippines, potentially bolstering investor confidence and market integrity, according to analysts.
2 min |
October 14, 2025
Business World Philippines
Project awards hit 20GW since RE opened to full foreign ownership
RENEWABLE ENERGY (RE) investors have committed to build 20 gigawatts (GW) worth of capacity since the Philippines opened up the industry to full foreign ownership nearly three years ago, the Department of Energy (DoE) said.
1 min |
October 14, 2025
Business World Philippines
Australia overhauls plan to hike taxes on retirement savings of the wealthy
The Australian government said on Monday it would revise its proposal to hike taxes on the retirement savings of its wealthiest workers, including backing down on plans to tax unrealized gains, seeking to win support for the contentious legislation.
1 min |
October 14, 2025
Business World Philippines
Documentary on Cagayan Valley activists wins top prize at Cinemalaya
BLOOM WHERE YOU ARE PLANTED, a documentary centered on farmers' rights activists, was the top winner at the 21st edition of the Cinemalaya Independent Film Festival.
2 min |
October 14, 2025
Business World Philippines
SMCL Celebrates Founder’s Day with Groundbreaking of Beatriz Limaco Almeda Hall
In celebration of Founder’s Day, the St. Michael’s College of Laguna (SMCL) community held the groundbreaking ceremony for the Beatriz Limaco Almeda (BLA) Hall, a three-storey building to be constructed through the generous sponsorship of friends of Director Anthony L. Almeda in honor of his beloved mother, Mrs. Beatriz Limaco Almeda.
1 min |
October 14, 2025
Business World Philippines
PHL close to concluding trade deals with EU, UAE
THE Department of Trade and Industry said on Monday that it is looking to finalize negotiations for free trade deals with the European Union (EU) and the United Arab Emirates (UAE), next year and next month, respectively.
1 min |
October 14, 2025
Business World Philippines
Philippines says five Chinese ships entered its EEZ in South China Sea
FIVE CHINA Coast Guard (CCG) ships entered Manila’s territorial waters on Sunday, during an incident where a Philippine government ship was hit by a Chinese vessel near Thitu Island in the South China Sea, a Philippine Coast Guard (PCG) official said on Monday.
3 min |