Newspaper
Business World Philippines
Vivant expands Luzon footprint with 40% stake in solar firm
VIVANT ENERGY CORP., the energy subsidiary of Cebu-based conglomerate Vivant Corp., acquired a 40% stake in Samal Solar Renewable Energy Corp. (SSREC), operator of a solar farm in Bataan, as part of its efforts to expand its renewable energy presence in Luzon.
1 min |
September 12, 2025
Business World Philippines
Blockchain backed as tool for improving budget transparency
THE Department of Information and Communications Technology (DICT) said it supports proposals to deploy blockchain technology in preparing the budget to make the compilation of the spending plan more transparent.
1 min |
September 12, 2025
Business World Philippines
It’s business as usual in Asia after ICE raids
TO SOOTHE the ruffled feathers of a longtime ally, the Trump administration should waste no time working with Seoul to create a new visa category for skilled workers.
3 min |
September 12, 2025
Business World Philippines
Private equity GTCR strikes $4.8-B deal to buy Zentiva
PRIVATE equity firm GTCR has struck a €4.1-billion ($4.8-billion) deal to buy Czech generic drugmaker Zentiva from Advent International, the Financial Times reported on Wednesday, citing unidentified sources.
1 min |
September 12, 2025
Business World Philippines
Cine Europa turns spotlight on Ukraine for 3rd year
Film festival presents 17 films
1 min |
September 12, 2025
Business World Philippines
Gold gains as US data fuel Fed cut bets
GOLD hovered near all-time highs on Wednesday, supported by expectations that the US Federal Reserve will resume rate cuts at next week’s meeting, following softer-than-expected US inflation data.
1 min |
September 12, 2025
Business World Philippines
Arabica coffee near 4-month high; raw sugar gains
Arabica coffee futures rose on Wednesday, heading back towards the prior session’s four-month high with the market still concerned about tariffs, low stocks and reduced exports from top grower Brazil.
1 min |
September 12, 2025
Business World Philippines
‘China Inside’: How Chinese EV techis reshaping global car design
When Audi executives first saw the Zeekr 001 in 2021, a long-range electric vehicle (EV) with European aesthetics, it was a wake-up call for the premium German auto brand — if it wanted to compete with the Chinese, it needed their technology.
4 min |
September 12, 2025
Business World Philippines
US court upholds Verizon Communications $46.9-M fine over location data
A federal appeals court on Wednesday upheld the Federal Communications Commission’s, (FCC) $46.9-million fine against US wireless carrier Verizon Communications for illegally sharing access to customers’ location information.
1 min |
September 12, 2025
Business World Philippines
Closing the $1.5-trillion gap: How FDI can help achieve the SDGs in Asia and the Pacific
OVER THE PAST two decades, foreign direct investment (FDI) has been the single largest and most stable source of external development capital in Asia and the Pacific (see the figure).
2 min |
September 12, 2025
Business World Philippines
Copper hits above $10,000 after US producer price data
Copper prices hit oneweek highs above $10,000 a metric ton on Wednesday as the dollar slipped after US producer prices fell in August, reinforcing expectations the US Federal Reserve will cut interest rates next week.
1 min |
September 12, 2025
Business World Philippines
Last playoff berth
The Storm needed every ounce of resolve to net them the victory they needed. Down 10 late in the third quarter and seemingly staring at the end of their season, they clawed back possession by possession, play by play, until the game and their postseason hopes were again within reach. When Erica Wheeler rose for a mid-range jumper that found the bottom of the net with 19 seconds left in the match, the comeback was complete.
2 min |
September 12, 2025
Business World Philippines
Alas Pilipinas faces tough Tunisia in men’s volleyball championship
After a long wait, Alas Pilipinas gets to show off how far it had gone preparing for this one moment as it clashes with a formidable Tunisia in tonight's start of the FIVB Volleyball Men’s World Championship unfurling on Friday and ending Sept. 28 at the MOA Arena.
1 min |
September 12, 2025
Business World Philippines
MGen, KEPCO eye wind, storage projects in RE push
MERALCO POWERGEN CORP. (MGen), the power generation arm of Manila Electric Co. (Meralco), and Korea Electric Power Corp. (KEPCO) are planning to expand their renewable energy (RE) partnership to help diversify the country’s energy portfolio.
1 min |
September 12, 2025
Business World Philippines
ERC approves higher rates for Meralco supply contracts with SMGP and ACEN
THE Energy Regulatory Commission (ERC) has approved Manila Electric Co.’s (Meralco) power supply agreements (PSAs) with San Miguel Global Power Corp. (SMGP) and ACEN Corp. at rates higher than the provisional P5.1908 per kilowatt-hour (kWh), securing 479 megawatts (MW) of renewable capacity but signaling higher costs for consumers.
2 min |
September 12, 2025
Business World Philippines
Del Monte Pacific profit surges to $5.5M after US unit deconsolidation
DEL MONTE PACIFIC Ltd. (DELM) said its attributable net income for the first quarter of fiscal year 2026, ending in July, surged nearly 15 times to $5.5 million from $368,000 a year ago, as results stabilized after the deconsolidation of its US operations.
1 min |
September 12, 2025
Business World Philippines
RCR issues new shares to Robinsons Land in P30.7-B property deal
RL COMMERCIAL REIT, INC. (RCR) has issued 3.83 billion shares to Robinsons Land Corp. (RLC) following the Securities and Exchange Commission’s (SEC) approval of their P30.67-billion property-for-share swap.
1 min |
September 12, 2025
Business World Philippines
Safety nets touted as infra job-creation engine stalls
THE government should address the negative trend in employment by expanding social safety nets and redeploying workers to “green” jobs, labor advocates said.
1 min |
September 12, 2025
Business World Philippines
90 e-commerce ‘trustmarks’ issued
THE Department of Trade and Industry (DTI) said it has issued 90 e-commerce “trustmarks” as of Sept. 10, to improve public confidence in electronic transactions.
1 min |
September 12, 2025
Business World Philippines
Chipmakers see some export growth upside
THE Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) said it is maintaining its forecast of flat to modest growth for exports this year, with increasing demand possibly offsetting the impact of US tariffs.
2 min |
September 11, 2025
Business World Philippines
Anglo American, Teck Resources to merge in 2nd largest mining deal
LONDON London-listed miner Anglo American and Canada's Teck Resources plan to merge, the two companies said on Tuesday, marking the sector's secondbiggest M&A deal ever and forging a new global copper-focused heavyweight.
3 min |
September 11, 2025
Business World Philippines
Cloud modernization can accelerate financial firms' shift from old systems
CLOUD modernization solutions can help Philippine financial institutions as they move to transition out of their outdated legacy systems, according to USbased software firm Rocket Software, Inc.
1 min |
September 11, 2025
Business World Philippines
SM Prime raises $350M from dollar bond offer
LISTED property developer SM Prime Holdings, Inc. (SMPH) has raised $350 million from its inaugural dollar-denominated bond issuance to fund expansion plans.
1 min |
September 11, 2025
Business World Philippines
Around 7 million beneficiaries may lose cash aid amid DSWD 2026 budget cut
AROUND 7 million Filipino families risk losing financial aid due to the proposed 2026 budget cut for the Assistance to Individuals in Crisis Situations (AICS) program and the zero allocation for the Ayuda sa Kapos ang Kita Program (AKAP), the Department of Social Welfare and Development (DSWD) said on Wednesday.
1 min |
September 11, 2025
Business World Philippines
Oil prices settle up after Israeli attack on Qatar
NEW YORK - Oil prices settled higher on Tuesday after the Israeli military said it carried out an attack on Hamas leadership in the Qatari capital Doha, an expansion of its military actions in the Middle East.
1 min |
September 11, 2025
Business World Philippines
France now being eyed to fund P28-B bridge project following failed talks with South Korea
THE FINANCE DEPARTMENT is now seeking France's help to fund a P28-billion project to build hundreds of rural bridges in the Philippines that was initially proposed to South Korea.
2 min |
September 11, 2025
Business World Philippines
Jobless rate hits 3-year high in July
THE PHILIPPINES’ unemployment rate rose to a three-year high of 5.3% in July as a series of typhoons and monsoon rains dented hiring activity, the statistics agency said on Wednesday.
4 min |
September 11, 2025
Business World Philippines
How 'Gen Z' protests over jobs, corruption ousted Nepal's PM
KATHMANDU - When Nepal banned major social media platforms including Facebook last week citing a tide of fake news, activists like Sandip saw it as an attempt to silence their growing anti-corruption moveonline ment.
2 min |
September 11, 2025
Business World Philippines
Funding for SDG projects estimated at nearly P25B
NEARLY P25 billion in excise taxes have initially been allocated in the 2026 budget to support the effort to achieve the Philippines' sustainable development goals (SDGs), the Department of Economy, Planning, and Development (DEPDev) said.
1 min |
September 11, 2025
Business World Philippines
Meralco rates decline in September on lower generation charge
RESIDENTIAL HOUSEHOLDS in areas served by Manila Electric Co. (Meralco) will get some relief as the distributor cut its September electricity rates after two straight months of increases amid the lower cost of power purchased from suppliers.
3 min |