Newspaper
Business World Philippines
Treasury raises P210B from retail bonds offered on e-wallet
THE PHILIPPINE GOVERNMENT on Tuesday raised P210 billion from its latest retail Treasury bond (RTB) sale — the third under the Marcos government and the first to accept subscription via an e-wallet.
3 min |
August 06, 2025
Business World Philippines
Fintech FinQuest Philippines rolls out SME loan-matching platform
FINANCIAL TECHNOLOGY (fintech) company FinQuest Philippines has launched a loan-matching platform for small and medium enterprises (SMEs) and financial institutions to help the former get access to financing.
1 min |
August 06, 2025
Business World Philippines
Bank lending jumps to four-month high in June
BANK LENDING rose to a four-month high in June amid a jump in consumer loans, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
3 min |
August 06, 2025
Business World Philippines
Following the footsteps of Vietnam
Both the Philippines and Vietnam will become upper middle-income countries in the next two years. The $64 question is which of the two will fall into the so-called middle-income trap.
5 min |
August 06, 2025
Business World Philippines
ICTSI Q2 profit rises 16% to $244.31M on volume and operational growth
RAZON-LED International Container Terminal Services, Inc. (ICTSI) saw its second-quarter (Q2) attributable net income rise by 15.97% to $244.31 million, driven by sustained earnings across all its port operations.
2 min |
August 06, 2025
Business World Philippines
US stock market posts biggest daily percentage gains since May 27
All three major US stock indexes scored their biggest daily percentage increases since May 27 on Monday as investors sought bargains after the previous session’s selloff and ramped up bets for a September interest rate cut after Friday’s weaker-than-expected jobs data.
2 min |
August 06, 2025
Business World Philippines
Gates Foundation commits $2.5B to ‘ignored’ women’s health
The Gates Foundation will spend $2.5 billion by 2030 on women’s health, it said on Monday, with founder Bill Gates saying the area, including conditions from preeclampsia to menopause, had been neglected for too long.
1 min |
August 06, 2025
Business World Philippines
Five Philippine companies now included in Forbes Asia’s ‘Best Under A Billion 2025’ list
FIVE Philippine companies have been included in Forbes Asia’s “Best Under A Billion 2025” list, which recognized the 200 top-performing smalland mid-sized listed companies in the Asia-Pacific region.
1 min |
August 06, 2025
Business World Philippines
NGCP clears BuhaWind’s 2- GW wind project for grid integration
BUHAWIND ENERGY Northern Luzon Corp. (BENLC) has secured approval from the National Grid Corp. of the Philippines (NGCP) for the integration of its 2,000-megawatt (MW) North Luzon Offshore Wind Power Project.
1 min |
August 06, 2025
Business World Philippines
Stocks go up as inflation cools to near 6-year low
PHILIPPINE STOCKS edged higher on Tuesday as market sentiment got a boost from slower July inflation, which boosted bets of another rate cut as early as this month.
2 min |
August 06, 2025
Business World Philippines
Ateneo develops Al tool to digitize logbooks for small businesses
RESEARCHERS from Ateneo de Manila University have developed an artificial intelligence (AI) system that helps small food stalls and convenience stores digitize handwritten logbooks and analyze inventory data to improve operations.
1 min |
August 06, 2025
Business World Philippines
Megaworld Q2 profit up 35% on strong core segments
LISTED real estate developer Megaworld Corp. saw a 35% increase in its attributable net income for the second quarter (Q2) to P5.6 billion from P4.15 billion last year, on growth across its residential, leasing, and hospitality businesses.
2 min |
August 06, 2025
Business World Philippines
ACEN posts Q2 loss amid Vietnam project woes
AYALA-LED ACEN Corp. posted an attributable net loss of P1.19 billion for the second quarter, reversing the P3.57-billion net income recorded last year, citing a large impairment from its wind farms in Vietnam.
2 min |
August 06, 2025
Business World Philippines
Copper climbs on supply concerns after Chile tragedy
Copper prices rose on Monday on supply fears after a fatal mining collapse in Chile, the world’s biggest producer, but gains were capped by concerns over the global economy.
1 min |
August 06, 2025
Business World Philippines
Oil prices slide as OPEC+ output hike adds to oversupply scares
Oil prices fell to their lowest levels in a week on Monday after OPEC+ agreed to another large output increase in September, adding to oversupply concerns after US data showed lackluster fuel demand in the top consuming nation.
1 min |
August 06, 2025
Business World Philippines
Philippine wholesale price growth eases to 3% in June
PRICE GROWTH at the wholesale level eased to 3% in June, the weakest reading in four months, the Philippine Statistics Authority (PSA) reported, noting that price growth in the chemicals segment, including animal and vegetable oils and fats, slowed.
1 min |
August 06, 2025
Business World Philippines
Government rightsizing bill signed into law
A MEASURE granting President Ferdinand R. Marcos, Jr. authority to reorganize and streamline agencies under the executive branch to remove redundancies and build a more efficient and responsive bureaucracy has been signed into law.
1 min |
August 06, 2025
Business World Philippines
Implementing rules of CMEPA: A spring within its source?
The Capital Markets Efficiency Promotion Act (CMEPA) took effect on July 1 following its complete publication. CMEPA was passed in recognition that the financial sector plays a significant role in the long-term growth of the national economy. A key policy consideration of this law is to allow our capital markets to develop as efficiently as possible, with the least intervention.
3 min |
August 06, 2025
Business World Philippines
South Korea gov’t pledges to help firms cope with higher US tariffs
South Korea will prepare measures to help companies cope with higher US tariffs and expand into new markets, the Finance Ministry said on Tuesday, as it kicked off a task force to prepare the new administration' economic policy plans.
2 min |
August 06, 2025
Business World Philippines
BIR could miss revenue goal if online gaming is banned
THE Bureau of Internal Revenue (BIR) may miss its collection target if the government bans online gambling.
1 min |
August 06, 2025
Business World Philippines
US to require up to $15,000 bond for some tourists
Pilot program targets countries with high visa overstay rates
2 min |
August 06, 2025
Business World Philippines
Wilcon Q2 income falls 19% on weaker sales
WILCON DEPOT, INC. (Wilcon) saw its second-quarter (Q2) net income fall by 18.72% to P626 million on lower sales.
1 min |
August 06, 2025
Business World Philippines
SEC sees compliance with governance standards improving in Southeast Asia
THE Securities and Exchange Commission (SEC) said corporate governance is improving in Southeast Asia as transparency and sustainability standards became more rigorous.
1 min |
August 06, 2025
Business World Philippines
Josh Jung’s 10th inning walk-off home run lifts Rangers over Yankees
JOSH JUNG’S two-out, three-run home run in the bottom of the 10 inning provided the winning runs as the Texas Rangers rallied for an 8-5 walk-off victory over the slumping New York Yankees on Monday in the opener of a three-game series in Arlington, Texas.
1 min |
August 06, 2025
Business World Philippines
DBM reluctant to reenact ‘most corrupt’ 2025 budget
THE Department of Budget and Management (DBM) expressed caution about reenacting the “most corrupt” 2025 budget, but added that preparations are underway in case President Ferdinand R. Marcos, Jr. follows through on his warnings to Congress not to deviate significantly from the Executive branch’s spending priorities.
2 min |
August 06, 2025
Business World Philippines
Oil producer pressure, Trump rollbacks threaten global treaty on plastics pollution
Hopes for a “last-chance” ambitious global treaty to curb plastic pollution have dimmed as delegates gather this week at the United Nations in Geneva for what was intended to be the final round of negotiations.
1 min |
August 06, 2025
Business World Philippines
Freedom of Information measure filed in Senate
A SENATOR has filed a bill that seeks to institutionalize freedom of information by requiring all branches of government to make public key records, including the annual statement of assets, liabilities, and net worth (SALN) of public officials.
2 min |
August 06, 2025
Business World Philippines
Yohel Pozo’s pinch-hit single sends Cardinals past Dodgers
MASYN WINN and Ivan Herrera hit home runs, Yohel Pozo delivered a go-ahead, pinch-hit single in the ninth inning and the St. Louis Cardinals pulled off a 3-2 victory over the Los Angeles Dodgers on Monday in the opener of a three-game series.
1 min |
August 06, 2025
Business World Philippines
Reframing fairytale twists and turns
Theatre Group Asia adapts Into the Woods for PHL audience
5 min |
August 06, 2025
Business World Philippines
Ilijan operator queried over gap in supplying WESM in June 2022
THE Energy Regulatory Commission (ERC) said it issued a show-cause order to South Premiere Power Corp. (SPPC), the operator of the Ilijan gas-fired power plant in Batangas, to explain the plant’s downtime in June 2022, in aid of a possible investigation into alleged anti-competitive behavior.
1 min |