Newspaper
Business World Philippines
Nasdaq, S&P 500 end lower as investors sell tech
THE Nasdaq and S&P 500 fell on Wednesday as investors sold tech stocks and moved into less highly valued sectors, as they also awaited remarks from US Federal Reserve officials at their Jackson Hole symposium this week.
2 min |
August 22, 2025
Business World Philippines
Empowering LGUs: The key to unlocking regional growth in the Philippines
THE Philippines has made steady economic progress since 2010, doubling its GDP, reducing unemployment, and creating millions of jobs. Much of this growth was driven by spatial convergence, with poorer regions growing faster than richer ones. From 2009 to 2022, labor productivity in low-income regions grew by 3.2% annually, outpacing Metro Manila’s 1.5% growth.
4 min |
August 22, 2025
Business World Philippines
DICT plans follow-up study on BNPP repurposing - Aguda
THE Department of Information and Communications Technology (DICT) plans to conduct its own study on converting the mothballed Bataan Nuclear Power Plant (BNPP) into a data center.
1 min |
August 22, 2025
Business World Philippines
Tiger takes PGA job with orders to reimagine competition format
Brian Rolapp has a new job — and now so does Tiger Woods.
2 min |
August 22, 2025
Business World Philippines
Kuzma wraps up second Manila visit
MILWAUKEE Bucks forward Kyle Kuzma became the latest NBA standout to visit the Philippines this offseason following this “KuzManila II” Asian Tour.
1 min |
August 22, 2025
Business World Philippines
Specialists beat singles stars in US Open mixed doubles final
Italians Sara Errani and Andrea Vavassori retained their mixed doubles title at the US Open on Wednesday, overcoming Iga Swiatek and Casper Ruud 6-3, 5-7, 10-6, in the competition’s reimagined format that drew some of the top singles players.
2 min |
August 22, 2025
Business World Philippines
SM Prime delays REIT IPO to beyond 2026
SY-LED property developer SM Prime Holdings, Inc. is deferring the initial public offering (IPO) of its planned real estate investment trust (REIT) to beyond 2026, citing unfavorable market conditions.
2 min |
August 22, 2025
Business World Philippines
PHC’s mindfulness-based program to support employee mental health
IN A BOLD move to prioritize mental health and emotional resilience in the workplace, PNB Holdings Corp. (PHC) has launched the Points-of-You - Journey to Mindfulness, a pioneering wellness initiative under its PHC Academy, the company’s flagship learning and development platform.
1 min |
August 22, 2025
Business World Philippines
That bridge is stupid, but it is there
It was more than a personal embarrassment for us at the Bangko Sentral ng Pilipinas (BSP) to host the governor of the Bank of Thailand and his staff over two decades ago, only for them to discover what many in Bohol had dubbed the “bridge to nowhere.” On social media, it’s called the “monument to stupidity,” while historian Ambeth Ocampo named it “bridge of folly.” Or simply, the “stupid bridge.”
4 min |
August 22, 2025
Business World Philippines
Elon Musk must face lawsuit claiming he ran illegal $1-M election lottery
ELON MUSK was ordered on Wednesday by a federal judge to face a lawsuit by voters accusing the world’s richest person of defrauding them into signing a petition to support the US Constitution for a chance to win his $1 million-a-day giveaway.
1 min |
August 22, 2025
Business World Philippines
TC orders anti-dumping duties to continue on Vietnam cement
THE Tariff Commission (TC) said anti-dumping duties will continue to be imposed on imports of ordinary Portland cement (OPC) Type 1 and blended cement Type 1P from Vietnam.
2 min |
August 22, 2025
Business World Philippines
Senator urges legal, diplomatic action vs China over South China Sea damage
A PHILIPPINE senator has urged the government to pursue legal and diplomatic measures against China for what she described as ecologically destructive activities in the South China Sea, which she said have inflicted massive losses on the country’s marine resources.
3 min |
August 22, 2025
Business World Philippines
Stocks may rise before Powell speech, BSP meet
PHILIPPINE SHARES may rise slightly when the market reopens on Friday as investors reposition before the US Federal Reserve Chair Jerome H. Powell’s speech at their annual gathering and the Bangko Sentral ng Pilipinas’ (BSP) policy meeting next week, where it is expected to deliver a third straight rate cut.
2 min |
August 22, 2025
Business World Philippines
Travel & Lifestyle Expo happening on Aug. 29-31 at Ayala Malls Circuit
JJ EVENTS Management, in partnership with STEP UP Travel + Events, recently announced that the Travel & Lifestyle Expo returns this year on Aug. 29-31, 2025 at the Activity Center, Upper Ground Floor, Ayala Malls Circuit, Makati.
1 min |
August 22, 2025
Business World Philippines
Ohtani roughed up as Rockies top Dodgers
HUNTER GOODMAN had three hits and three RBIs, Jordan Beck also had three hits, and the Colorado Rockies got six solid innings from Tanner Gordon to beat the Los Angeles Dodgers 8-3 in Denver on Wednesday night.
1 min |
August 22, 2025
Business World Philippines
Trump administration to vet immigration applications for ‘anti-Americanism’
President Donald J. Trump’s administration has said it will assess applicants for US work, study and immigration visas for “anti-Americanism” and count any such finding against them, sparking concern about implications for free speech.
1 min |
August 22, 2025
Business World Philippines
China faces welfare reform test as court ruling hits jobs, small firms
China's top court ruling that makes it illegal for businesses and employees to avoid social insurance payments is stoking fears about jobs and the survival of small firms, forcing Beijing to confront the risks of long-promised welfare reform.
4 min |
August 22, 2025
Business World Philippines
DBM pressed to release report on 2025 budget
A PHILIPPINE congressman on Thursday urged the Department of Budget and Management (DBM) to release a variance report comparing the House of Representatives-approved version of the 2025 budget and the enacted law to determine the source of alleged insertions.
1 min |
August 22, 2025
Business World Philippines
Al won't make us obsolete — it'll make us superhuman
ARTIFICIALINTELLIGENCE (AD) isfastbecoming one of the biggest growth engines in the Philippines. According to Access Partnership, it could unlock P2.8 trillion ($50.7 billion) in economic value by 2030. That’s a game-changing opportunity, but it also raises an age-old question: what does this mean for human jobs?
3 min |
August 21, 2025
Business World Philippines
In search of our own Goldilocks zone
THE GOLDILOCKS ZONE: that distance from a sun that enables conditions in surrounding planets for liquid water to exist, hence, making them habitable, in theory — a rare sighting among astronomers.
8 min |
August 21, 2025
Business World Philippines
On the 2026 budget and the UPAA alumni awards
Last week the Department of Budget and Management (DBM) submitted the budget 2026 materials to Congress — the National Expenditure Program (NEP), the Budget of Expenditures and Sources of Financing (BESF), the Staffing Summary, and the Budget Priorities Framework.
3 min |
August 21, 2025
Business World Philippines
Manila slumps to near bottom of smart cities list
MANILA continued its downward slide in the latest global index of “smart cities” by International Society for Urban Informatics (ISUI), even ranking last among select Asia-Pacific cities.
2 min |
August 21, 2025
Business World Philippines
The future of money
You know you're old — like me — if you have more years behind you than ahead of you; if at some point in your life you flew in or out of the old Manila International Airport (since NAIA ‘Terminal 1 opened only in 1982); or if you knew what Traveler’s Checks (TCs) were, and maybe even used them.
4 min |
August 21, 2025
Business World Philippines
Trump’s 300% chip tariffs would be ‘prohibitive,’ says Balisacan
US PRESIDENT Donald J. Trump's proposal to impose up to 300% tariffs on semiconductor chip imports to the US would kill global trade, according to Philippine Economy Secretary Arsenio M. Balisacan.
3 min |
August 21, 2025
Business World Philippines
BoP position swings to deficit in July
THE PHILIPPINES’ balance of payments (BoP) position swung to a $167-million deficit in July as the government paid off external debt, the central bank said on Tuesday.
2 min |
August 21, 2025
Business World Philippines
Salah wins PFA Player of the Year award for third time
Liverpool forward Mohamed Salah was named the Professional Footballers’ Association (PFA) Player of the Year on Tuesday, with the Egyptian becoming the first player to win the award three times.
1 min |
August 21, 2025
Business World Philippines
PSEi ends flat as market awaits Fed policy hints
PHILIPPINE STOCKS ended flat on Wednesday as investors stayed on the sidelines ahead of a trading break and the US Federal Reserve’s Jackson Hole symposium.
2 min |
August 21, 2025
Business World Philippines
JuanHand partners with ECPAY for seamless payment accessibility
JUANHAND has partnered with payment solutions provider Electronic Commerce Payments Inc. (ECPAY) to enhance its services and offer customers faster, more convenient transactions.
1 min |
August 21, 2025
Business World Philippines
Unicapital cuts PSEi year-end forecast to 7,100
LOCAL BROKERAGE Unicapital Securities, Inc. has lowered its year-end forecast for the Philippine Stock Exchange index (PSEi) to 7,100 from 7,800, citing slower corporate earnings growth.
1 min |
August 21, 2025
Business World Philippines
Canvas developer Instructure sets up Philippine headquarters
INSTRUCTURE Holdings, Inc., a US-based education technology company, has set up its headquarters in the Philippines as part of its expansion in Asia.
1 min |