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Business World Philippines

India’s Hero MotoCorp names Harshavardhan Chitale as CEO

HERO MotoCorp India’s largest two-wheeler maker, has named Harshavardhan Chitale, who heads Dutch lighting maker Signify’s professional business, as chief executive officer (CEO) effective Jan. 5, 2026.

1 min  |

September 09, 2025

Business World Philippines

Paalam, Fajardo exit early in World Boxing Championships

FILIPINO Tokyo Olympics silver medal winner Carlo Paalam bid adieu to his World Boxing Championships medal bid after stumbling to Junior Alcantara Reyes, 4-1, in the round-of-32 of the men’s 55-kilogram class on Sunday in Liverpool, England.

1 min  |

September 09, 2025

Business World Philippines

Ex-police colonel Garma eyed as ICC witness vs Duterte, DoJ says

RETIRED POLICE colonel Royina M. Garma, who linked former President Rodrigo R. Duterte to the systematic murder of thousands of drug suspects, flew to Malaysia to meet with officials of the International Criminal Court (ICC), the Department of Justice (DoJ) confirmed on Monday.

1 min  |

September 09, 2025

Business World Philippines

CLI acquires 79-ha Liloan site for largest Cebu township

CEBU LANDMASTERS, INC. (CLI) has acquired a 78.8-hectare (ha) property in Liloan, Cebu, through its joint-venture subsidiary Cebu Homegrown Developers, Inc. (CHDI) with Ixidor Holdings, Inc., to be developed into the province’s largest integrated township.

1 min  |

September 09, 2025

Business World Philippines

AboitizPower, Japan's JERA open Batangas training hub

ABOITIZ POWER CORP. (AboitizPower) and Japanese energy firm JERA established a training hub in Batangas to build up the industry’s workforce.

1 min  |

September 09, 2025

Business World Philippines

US tariffs still spell big pain for Japan’s small carmakers

President Donald J. Trump gave Japanese automakers some relief by cutting his high US tariffs on their vehicles, but the reduced levies still mean big pain for Japan’s smaller car companies, which will stay under pressure in the crucial market.

3 min  |

September 09, 2025

Business World Philippines

Zamboanga passenger terminal deal canceled over design issues, delays

THE Philippine Ports Authority (PPA) said it terminated the contract of MAC Builders, Inc., which was to build a passenger terminal building for the Port of Zamboanga, due to design issues and delays.

1 min  |

September 09, 2025

Business World Philippines

Angelina Jolie reflects on family cancer history before Couture premiere

TORONTO FILM FESTIVAL:

1 min  |

September 09, 2025

Business World Philippines

Crude prices up as risks of Russian sanctions offset OPEC+ oil hike

Crude oil prices gained more than 1% on Monday, trimming some of last week’s losses, as the prospect of more sanctions on Russian crude after an overnight strike on Ukraine offset OPEC+’s planned output increase.

2 min  |

September 09, 2025

Business World Philippines

Apollo Global Capital says tugboat AHTS Noah still awaiting operational clearances

APOLLO GLOBAL CAPITAL, INC., a publicly listed holding company, said its offshore exploration tugboat, AHTS Noah, is still awaiting the necessary clearances to formally commence operations.

1 min  |

September 09, 2025

Business World Philippines

Sotto replaces Escudero in Senate coup

THE SENATE voted Senator Vicente “Tito” C. Sotto III as Senate President after 15 senators agreed to oust Senator Francis “Chiz” G. Escudero in a surprise move on Monday, as the chamber’s leadership faced scrutiny.

3 min  |

September 09, 2025

Business World Philippines

Shame on the senators and representatives

“Let us not pretend anymore. The general public already knows there is racket involved in the projects — kickbacks, initiative, errata, SOP ‘for the boys.’ That is why, to those who conspire to rob the nation’s funds and steal the future of our countrymen, shame on you! Your fellow Filipinos were swept by floods or were submerged in floodwaters.

7 min  |

September 09, 2025

Business World Philippines

Up next for Alex Eala’s taking Is Sao Paulo Open

THERE is no letting up for the newly-minted Women’s Tennis Association (WTA) champion Alexandra “Alex” Eala.

1 min  |

September 09, 2025

Business World Philippines

StanChart expects Fed to cut rates by 50 bps next week after weak job data

STANDARD CHARTERED (StanChart) expects the US Federal Reserve to cut interest rates by 50 basis points (bps) at its policy meeting this month, double its earlier projection of a 25-bp reduction, following a soft August job report.

1 min  |

September 09, 2025

Business World Philippines

Uniholdings secures SEC approval for merger-related share issuance

UNIHOLDINGS, INC., a publicly listed investment holding company, has received confirmation from the Securities and Exchange Commission (SEC) that its issuance of 64.42 million shares for a recent merger is exempt from the usual registration requirements under the Philippine Securities Regulation Code.

1 min  |

September 09, 2025

Business World Philippines

Stocks close lower as investors pocket profits

PHILIPPINE SHARES closed in the red again on Monday due to selling pressure amid corruption concerns and as investors pocketed their profits.

2 min  |

September 09, 2025

Business World Philippines

BIR clarifies which business expenses are tax-deductible

Can a taxpayer deduct business expenses related to passive income?

6 min  |

September 09, 2025
Business World Philippines

Business World Philippines

China office developers offer lower rents to lure tenants

Chinese commercial property developers are seeking to lure tenants with value-added services such as subsidies for charging electric vehicles in addition to lower rents, as they battle record-high vacancy rates across the country.

1 min  |

September 09, 2025
Business World Philippines

Business World Philippines

Russia hits Ukraine with biggest air attack, sets building ablaze

Russia launched its biggest air attack of the war on Ukraine overnight, setting the main government building on fire in central Kyiv and killing at least four people, including an infant, Ukrainian officials said on Sunday.

3 min  |

September 09, 2025

Business World Philippines

DPWH, CoA ask Ombudsman to file charges vs officials, contractors in ‘ghost’ flood control projects

THE DEPARTMENT of Public Works and Highways (DPWH) and the Commission on Audit (CoA) have turned over fraud audit reports to the Office of the Ombudsman, recommending criminal charges against officials and contractors linked to anomalous flood control projects in Bulacan.

2 min  |

September 09, 2025

Business World Philippines

Gold nears peak on US rate-cut prospects

GOLD held firm near an all-time high on Monday, inching closer to a key $3,600 level, bolstered by mounting expectations of a US Federal Reserve rate cut this month following a weaker-than-expected jobs report last week.

1 min  |

September 09, 2025

Business World Philippines

EEI secures CALAX section, Megaworld hotel contracts

LISTED construction firm EEI Corp. said it has secured contracts to build a section of the Cavite-Laguna Expressway (CALAX) and Megaworld Corps Arcovia Hotel in Pasig City, expanding its project pipeline for the quarter.

1 min  |

September 09, 2025

Business World Philippines

Asian stocks rise as Fed rate cut optimism lifts sentiment; yen slips

Stocks rose and the dollar wobbled on Monday after dismal US labor data sealed the case for an interest rate cut this month, while the yen fell as investors girded for uncertainty in Japan following the resignation of Prime Minister Shigeru Ishiba.

2 min  |

September 09, 2025

Business World Philippines

Tumandok leads Gawad Urian with 11 nominations

WITH 11 nominations, Arlie Sweet Sumagaysay and Richard Jeroui Salvadico’s Tumandok leads this year’s pack of film nominees for the 48th Gawad Urian.

1 min  |

September 09, 2025

Business World Philippines

SEC clears RCR's P30.67-B mall infusion from Robinsons Land

RL COMMERCIAL REIT, Inc. (RCR), the listed real estate investment trust (REIT) of Robinsons Land Corp. (RLC), said it has received approval from the Securities and Exchange Commission (SEC) for its P30.67-billion property-for-share swap with its sponsor.

2 min  |

September 09, 2025
Business World Philippines

Business World Philippines

The Juans releases milestone album

THE POP ROCK band The Juans is dropping their latest album, Tawid, to celebrate their 10th year in the OPM scene.

2 min  |

September 09, 2025

Business World Philippines

NorthPort’s players ready to play basketball amid pending sale of Batang Pier to Pureblends Corp.

IT’s business as usual for NorthPort’s players amid the pending sale of the Batang Pier’s PBA franchise to Pureblends Corp.

1 min  |

September 09, 2025

Business World Philippines

Bills open season with late rally, wild win over Ravens

MATT PRATER kicked a 32-yard field goal as time expired and the Buffalo Bills scored 16 unanswered points in the final 3:56 to register a dramatic 41-40 victory over the Baltimore Ravens in a season-opening AFC showdown on Sunday night at Orchard Park, New York.

2 min  |

September 09, 2025
Business World Philippines

Business World Philippines

Powering Lives Beyond Energy: Shell’s Programs Uplift Communities Nationwide

Social Investments Toward Resilient Communities

2 min  |

September 09, 2025
Business World Philippines

Business World Philippines

Ariana Grande, Lady Gaga land top honors at MTV's Video Music Awards

Pop singer Ariana Grande claimed the top prize at the MTV Video Music Awards (VMA), and Lady Gaga and Sabrina Carpenter scored major honors, at a star-studded celebration of fan favorites in New York on Sunday.

2 min  |

September 09, 2025