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Business World Philippines
Philippines asks Ireland to join naval drills in disputed South China Sea
THE PHILIPPINES’ top Defense official has invited Ireland to join naval exercises, as Manila looks to expand its network of security partners amid lingering tensions in the South China Sea.
1 min |
October 09, 2025
Business World Philippines
Filinvest Group celebrates 70 years with partners, purpose, and shared generosity
The Filinvest Group recently gathered for a special celebration with its valued partners last September 17 to honor 70 years of enabling dreams together.
3 min |
October 09, 2025
Business World Philippines
US gold futures top $4,000 as record run gathers pace
US GOLD FUTURES surged past the $4,000 per ounce milestone for the first time on Tuesday, driven by expectations of a US Federal Reserve rate cut later this month and persistent safe-haven demand due to the ongoing US government shutdown.
1 min |
October 09, 2025
Business World Philippines
The two years of fighting since Oct. 7 have transformed the Middle East
The morning of Oct. 7, 2023, set in process a series of events which have profoundly changed the Middle East.
3 min |
October 09, 2025
Business World Philippines
SM Investments certified as a Great Place to Work in 2025
SM INVESTMENTS CORP. (SM Investments), the parent company of the SM group, has been certified as a Great Place to Work for 2025 by the global authority on workplace culture, Great Place to Work.
1 min |
October 09, 2025
Business World Philippines
Siemens Healthineers to bring more helium-free MR devices to PHL hospitals
SIEMENS Healthineers, a Germany-based medical technology company, is looking to install more helium-free magnetic resonance imaging (MRI) devices to underserved hospitals in the Philippines next year.
2 min |
October 09, 2025
Business World Philippines
First Gen to supply renewable energy to Mets Cold Storage
LOPEZ-LED First Gen Corp. has signed an agreement with Mets Cold Storage Services, Inc. (Mets) to supply renewable energy (RE) to the latter’s cold storage facility in Cagayan de Oro City.
1 min |
October 09, 2025
Business World Philippines
SEC to ramp up outreach as FARMS program draws no participants
NO COMPANY has joined the Securities and Exchange Commission’s (SEC) Financing Agribusiness through Responsible Market Solutions (FARMS) program since its launch in 2023, the commission said.
1 min |
October 09, 2025
Business World Philippines
MR.DIY Philippines wins ESGBusiness Award for Job Creation in PHL
HOME IMPROVEMENT retailer MR.DIY Philippines has been honored for Job Creation in the Philippines at the ESGBusiness Awards held on Sept. 25 at The Westin Kuala Lumpur, Malaysia.
1 min |
October 09, 2025
Business World Philippines
Hubris at the top could start a major war
AS THE WORLD (including the self-styled peacemaker-in-chief in the White House) holds its breath for the announcement of this year's Nobel Peace Prize, spare a moment to ponder the growing risk of war, including world war.
4 min |
October 09, 2025
Business World Philippines
Oil prices settle flat amid OPEC+ output hikes, supply glut woes
Oil prices steadied on Tuesday as investors weighed a smaller-than-expected increase to OPEC+ output in November against signs of a potential supply glut.
1 min |
October 09, 2025
Business World Philippines
The Papal guidelines on artificial intelligence: Not a replacement for the human person
As we saw in the last two columns in this series, Pope Leo XIV — true to the promise he made immediately after being elected Supreme Pontiff of the Catholic Church — has been issuing moral and ethical guidelines about the use of artificial intelligence (AI) in today’s highly industrialized society (at the level of Industrial Revolution 4.0).
4 min |
October 08, 2025
Business World Philippines
Reasonable criteria for deductibility
Revenue Memorandum Circular No. 81-2025 was issued to reiterate guidelines on the deductibility of expenses under the Tax Code, and lists the following criteria: it must be ordinary and necessary; paid or incurred within the taxable year; paid or incurred in carrying on or which are directly attributable to, the development, management, operation and/or conduct of the trade, business, or exercise of a profession; and, supported by invoices, records, or other pertinent papers.
4 min |
October 08, 2025
Business World Philippines
PHL manufacturing output expands in August
FACTORY OUTPUT expanded in August, driven by higher production of food products, machinery and equipment, and a slower annual decline in basic metals, the Philippine Statistics Authority (PSA) reported.
2 min |
October 08, 2025
Business World Philippines
Dollar reserves reach $108.8 billion at end-Sept.
THE PHILIPPINES’ dollar reserves rose to its highest in 11 months at end-September, driven by higher global gold prices, earnings from the central bank’s investments and the National Government's foreign currency deposits.
2 min |
October 08, 2025
Business World Philippines
Private credit pivots from ‘risky’ West to emerging markets
An intricate series of pipes off Angola’s Atlantic coast snakes toward a new fuel refinery that signals the country’s push for energy independence — and its use of private creditors, instead of banks, to fund a big-ticket project.
3 min |
October 08, 2025
Business World Philippines
Unbeaten Ateneo clashes with UP in pivotal Battle of Katipunan
UNBEATEN Ateneo de Manila University faces its biggest test just yet, clashing with reigning champion University of the Philippines (UP) in a pivotal Battle of Katipunan while National University eyes to rebound against the struggling Adamson University in the UAAP Season 88 men's basketball tournament on Wednesday at the Mall of Asia Arena.
2 min |
October 08, 2025
Business World Philippines
PHL seen hindered by high power costs in bid to graduate to higher-value manufacturing
THE electronics and service industries form the core of the Philippines' competitiveness, but its potential as a site for other types of high-value production is hindered by high power costs and gaps in its infrastructure, according to consulting firm Roland Berger.
1 min |
October 08, 2025
Business World Philippines
World Bank keeps PHL GDP forecasts unchanged
THE WORLD BANK maintained its Philippine gross domestic product (GDP) growth forecasts for this year and 2026, amid heightened uncertainty and slowing global growth.
3 min |
October 08, 2025
Business World Philippines
Ryder Cup
It has been said that two things are certain in life: death and taxes, These days, all and sundry can add a third: Europe winning the Ryder Cup.
2 min |
October 08, 2025
Business World Philippines
AMD signs AI chip supply deal with OpenAI; shares surge 34%
AMD will supply artificial intelligence (AI) chips to OpenAI in a multiyear deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.
3 min |
October 08, 2025
Business World Philippines
Bringing back magic and myth
“TELL THE STORY. Make a song,” is how Filipino novelist Erwin E. Castillo concludes his preface to the new edition of The Firewalkers. In it, he details how the novel arose in 1992 “while the country tried to rearrange itself, but not too much, and not really.”
3 min |
October 08, 2025
Business World Philippines
Tesla to unveil lower-cost Model Y in push to reignite sales
TESLA is expected to unveil on Tuesday a more affordable version of its bestselling Model Y SUV, as the electric vehicle (EV) maker seeks to reverse falling sales and waning market share amid rising global competition.
1 min |
October 08, 2025
Business World Philippines
PHL students develop concrete panel to cut home energy use
A GROUP of students from Mindanao State University has developed a concrete panel designed to reduce indoor heat and cut household energy use, offering a potential low-cost solution to rising electricity demand driven by hotter temperatures.
1 min |
October 08, 2025
Business World Philippines
Eala jumps to new career-high world ranking at No. 54
ALEXANDRA “ALEX” EALA, with a new career-high world ranking at No. 54, is enjoying a little break in Wuhan, China before resuming her campaign in Japan next week in a bid to win her second professional title and barge inside the Top 50 for the first time ever.
1 min |
October 08, 2025
Business World Philippines
Sept. inflation rises to 6-month high
HEADLINE INFLATION accelerated to a six-month high in September, mainly due to costlier fuel and vegetables, but remained below the central bank’s 2-4% target, the Philippine Statistics Authority (PSA) said on Tuesday.
1 min |
October 08, 2025
Business World Philippines
Elite Link: Philippine Sports Commission unveils mobile hub of undiscovered Filipino athletes
THE Philippine Sports Commission (PSC) has opened a Pandora’s box of opportunities for Filipino athletes with Elite Link, serving as the first-ever database app in history.
2 min |
October 08, 2025
Business World Philippines
VAT accounts for 62.9% of first-half Customs revenue
VALUE-ADDED TAX (VAT) accounted for 62.9% of Customs revenue in the first half, led by collections generated by non-oil imports, the Development Budget Coordination Committee (DBCC) said.
1 min |
October 08, 2025
Business World Philippines
UNICEF: Child marriage persists in Bangsamoro
CHILD MARRIAGE remains widespread in parts of the southern Philippines despite a law prohibiting the practice, exposing thousands of girls to lifelong risks, according to the United Nations Children’s Fund (UNICEF).
1 min |
October 08, 2025
Business World Philippines
Peso rebounds as focus turns to BSP review
THE PESO recovered against the dollar on Tuesday as the market expects the Bangko Sentral ng Pilipinas (BSP) to pause its easing cycle against this week even as September inflation came in slower than expected.
2 min |