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Business World Philippines

Regulator lifts toll collection freeze for final segment of C5-Cavitex link

THE Toll Regulatory Board (TRB) said it lifted the temporary postponement of toll collection for Segment 3B of the Manila-Cavite Toll Expressway (Cavitex) C5 Link, allowing the operator to implement the adjusted toll matrix.

1 min  |

May 11, 2026
Business World Philippines

Business World Philippines

US, Iran no closer to ending war as Qatari tanker sails to Hormuz

Relative calm prevailed around the Strait of Hormuz early on Sunday after days of sporadic flareups, as the United States waited for Iran's response to its latest proposals to end more than two months of fighting and begin peace talks.

3 min  |

May 11, 2026

Business World Philippines

SM Investments Corp. shares rise on dividend hike, buyback program

SM INVESTMENTS CORP. was among the most actively traded stocks last week following the announcement of higher cash dividends and the implementation of its share buyback program.

3 min  |

May 11, 2026

Business World Philippines

BMW is official premium mobility partner of ASEAN 2026 Summit

SMC Asia Car Distributors Corp., official importer and distributor of BMW in the Philippines, is the official premium mobility partner of the ASEAN 2026 Summit.

1 min  |

May 11, 2026

Business World Philippines

ASEAN energy plans face funding, political risks

TURNING the Association of Southeast Asian Nations’ (ASEAN) Middle East crisis response pledges into reality will require governments to overcome funding, infrastructure and_political hurdles that the region has historically struggled to sustain, analysts said.

2 min  |

May 11, 2026

Business World Philippines

Japan electronics company planning PHL expansion to supply EV industry

THE Philippine Economic Zone Authority (PEZA) said a major Japanese electronics firm is looking to expand its operations in the Philippines in order to be better-positioned to supply the electric vehicle (EV) industry.

1 min  |

May 11, 2026

Business World Philippines

Cruise ship hit by hantavirus outbreak arrives in Tenerife

The cruise ship hit by a deadly hantavirus outbreak arrived early on Sunday near the Port of Granadilla in Tenerife, Reuters footage showed, where it will anchor for the evacuation of the passengers and some of the crew.

1 min  |

May 11, 2026

Business World Philippines

Reimagining the finance function: Turning risk foresight into strategic insight

IN BRIEF: + Finance must evolve from a compliance-drive function into a strategic partner that translates risk into value. + Organizations need a risk strategist mindset to navigate a non-linear, accelerated, volatile, and interconnected (NAVI) environment. + Targeted transformation across accounting excellence, finance operations, the financial statement close process, and the financial planning and analysis (FP&A) will enable the finance function to drive sustainable growth.

5 min  |

May 11, 2026

Business World Philippines

$300-million ADB loan to support DoE rooftop solar, efficiency programs

THE Department of Energy (DoE) said it is hoping to tap a $300-million loan package from the Asian Development Bank (ADB) this year to launch a program supporting the use of rooftop solar energy and efficient appliances in public schools and government hospitals.

1 min  |

May 11, 2026

Business World Philippines

British Council highlights English as key to Filipino competitiveness

GAPS IN English learning are leaving Filipino learners underprepared for higher education, employment, and global opportunities, a roundtable discussion organized by British Council Philippines highlighted.

1 min  |

May 11, 2026

Business World Philippines

Toyota Motor expects $4.3-billion hit from effects of US-Iran conflict

Japan's Toyota expects the effects of the Iran war to cost it about $4.3 billion this financial year, in one of the most significant warnings yet by a global company on the wider impact of the conflict.

2 min  |

May 11, 2026

Business World Philippines

Gold bullion prices firm and head for weekly gains on US-Iran deal hopes

GOLD drifted higher on Friday and headed for a weekly gain as optimism over a potential end to the Iran conflict helped ease concerns about inflation and elevated interest rates.

1 min  |

May 11, 2026
Business World Philippines

Business World Philippines

Shang-Robinsons venture advances Haraya

SHANG ROBINSONS Properties, Inc. (SRPI) said construction of Haraya Residences in Bridgetowne has reached the 26th floor of the South Tower and the 16th floor of the North Tower as work on the premium residential condominium project continues.

1 min  |

May 11, 2026
Business World Philippines

Business World Philippines

EastWest Bank records P1.9-B net income in Q1

EAST WEST Banking Corp. (EastWest Bank) booked a net income of P1.9 billion in the first three months of the year, supported by the strength of its core businesses despite a challenging macroeconomic and geopolitical environment.

1 min  |

May 08, 2026

Business World Philippines

Philippine banking sector to see limited direct impact from war

THE ONGOING Middle East war has minimal direct impact on the Philippine banking system, the Bangko Sentral ng Pilipinas (BSP) said, with the industry seen prepared to weather the crisis armed with its strong buffers, although asset quality risks could emerge in specific sectors.

4 min  |

May 08, 2026

Business World Philippines

BSP says it may resort to ‘more drastic’ action if inflation expectations worsen

THE Bangko Sentral ng Pilipinas (BSP) may resort to “more drastic” action to tame inflation as rising rice prices and transport fares threaten to de-anchor inflation expectations, a senior official said.

4 min  |

May 08, 2026

Business World Philippines

WeFund Lending eyes to grow Luvit Card user base to 500,000

WEFUND Lending Corp., the operator of the JuanHand online lending application, targets to reach about half a million users for its Luvit Card within the first year of its launch.

2 min  |

May 08, 2026

Business World Philippines

Luzon Al Corridor: Strategic breakthrough or another missed opportunity?

(Last of two parts)

5 min  |

May 08, 2026

Business World Philippines

Oil shock drags growth to 5-year low

Philippine economic growth disappoints at 2.8% in Q1 2026

6 min  |

May 08, 2026

Business World Philippines

Debt-to-GDP ratio reaches 21-year high at end-March

THE National Government (NG) debt as a share of gross domestic product (GDP) rose to 65.2% at the end of the first quarter, the highest ratio since 2005, data from the Bureau of the Treasury showed.

2 min  |

May 08, 2026
Business World Philippines

Business World Philippines

Gulf tankers will need protection, peace deal or not

US PRESIDENT Donald Trump has halted the US Navy's nascent effort to guide commercial ships out of the Persian Gulf — pending the Iranians’ response to his latest peace proposal.

3 min  |

May 08, 2026
Business World Philippines

Business World Philippines

Modern cooling: Beyond comfort to economic and personal well-being

IN THE PAST, air conditioning in the Philippines was regarded as a hallmark of luxury, an optional appliance for those with the means to pay for it.

4 min  |

May 08, 2026
Business World Philippines

Business World Philippines

Reinventing cooling systems toward sustainable operations

COOLING SYSTEMS account for a significant share of global energy consumption, placing strain on power grids and adding to carbon emissions.

2 min  |

May 08, 2026

Business World Philippines

Winning the competition for talent

‘W e can’t attract enough job applicants despite active, sometimes proactive measures, like joining job fairs and campus recruitment.

3 min  |

May 08, 2026

Business World Philippines

Six ASF vaccine makers apply for commercial-use approval

THE Bureau of Animal Industry (BAI) said six vaccine makers with treatments for African Swine Fever (ASF) are currently seeking approval for commercial use of their products.

1 min  |

May 08, 2026

Business World Philippines

Meralco Bolts gun for Top Four against already eliminated Terrafirma

THERE'S only one available Top 4 spot and twice-to-beat advantage in the PBA Commissioner's Cup playoffs left and among those in pursuit, Meralco enjoys the inside track.

1 min  |

May 08, 2026

Business World Philippines

PayPal, Mastercard, Visa face UK competition probe over digital wallet deals

PayPal, Mastercard and Visa are being investigated for alleged anti-competitive conduct linked to the funding and usage of PayPal’s digital wallet, in a rare move by the Financial Conduct Authority (FCA).

1 min  |

May 08, 2026
Business World Philippines

Business World Philippines

Why Better Air is Becoming Essential for Filipinos

As the Philippines faces more intense heat, rising energy costs, and changing urban lifestyles, the conversation is shifting from simply buying an air conditioner to creating better air — air that supports health, productivity, comfort, and long-term value.

6 min  |

May 08, 2026
Business World Philippines

Business World Philippines

The US is winning in Iran. Or facts don't care about your feelings

There is something almost predictable in the way news media reacts to American power and, much like the now deservedly maligned fact checkers, they are always humiliatingly wrong.

3 min  |

May 08, 2026

Business World Philippines

Groups seek bigger role in PhilHealth, SSS, Pag-IBIG

LABOR GROUPS pushed for stronger worker representation in government-owned and -controlled corporations (GOCCs) handling social funds, citing the reversal of the P60-billion remittance by the Philippine Health Insurance Corp. (PhilHealth).

2 min  |

May 08, 2026