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Business World Philippines

Education seen as key to unlocking potential of PHL’s Generation Alpha

THE PHILIPPINE government should further invest in education to ensure that the economy will benefit from the projected boom of the Generation Alpha population in a few years, analysts said.

3 min  |

November 12, 2025

Business World Philippines

PHL banks’ net profit up 3.57% at end-Sept.

THE COMBINED income of Philippine banks climbed by 3.57% in the first nine months of the year as lenders booked higher interest and non-interest earnings during the period.

3 min  |

November 12, 2025

Business World Philippines

BIR may miss collection goal this year

THE BUREAU of Internal Revenue (BIR) may struggle to meet its P3.219-trillion collection target this year as sluggish government spending weighed on overall tax receipts, a development its chief said may prompt a tweak of its full-year target.

3 min  |

November 12, 2025
Business World Philippines

Business World Philippines

Rich countries adopting industrial strategies

The Philippines is no longer the \"Sick Man of Asia.\" Since 2011, its GDP has been one of the fastest growing in the Indo-Pacific region, together with India and Vietnam.

5 min  |

November 12, 2025
Business World Philippines

Business World Philippines

Shell Pilipinas returns to profit with P343-M Q3 earnings

SHELL PILIPINAS CORP. posted a third-quarter (Q3) net income of P343 million, reversing a P762.04 million loss in the same period last year, as higher sales volumes and lower non-operating costs offset a slight decline in net sales.

1 min  |

November 12, 2025

Business World Philippines

Proposed tobacco tax cut unlikely to curb illicit trade — AER

THE ACTION for Economic Reforms (AER) and government officials are opposing bills that seek to cut tobacco excise taxes, arguing that such measures are unlikely to curb illicit trade without stronger enforcement and a nationwide licensing system.

3 min  |

November 12, 2025
Business World Philippines

Business World Philippines

Partner with Taiwan: A path for the Philippines to break the cycle of climate disaster loss

THIS YEAR ALONE, the Philippines has endured a relentless procession of storms. Wipha (Crising) in July submerged entire communities in Northern Luzon. Ragasa (Nando) and Bualoi (Opong) arrived back-to-back in late September and brought heavy flooding, forcing thousands into evacuation centers across Eastern Visayas.

2 min  |

November 12, 2025

Business World Philippines

BSP to implement 24/7 payment system in 2026

THE BANGKO SENTRAL ng Pilipinas (BSP) will implement a payment system that works around the clock starting in 2026 as part of efforts to expand real-time and cross-border transactions, a top official said.

2 min  |

November 12, 2025
Business World Philippines

Business World Philippines

Below the surface: From vulnerability to resilience in the underwater domain

Some underwater drones with Chinese markings were recently discovered in various parts of the Philippines. Last year, a Russian attack submarine passing through Philippine waters was detected. No less than President Ferdinand Marcos, Jr. described this discovery as \"very concerning.\" And then, in other parts of the world, there have been reports of subsea cable-cutting incidents.

3 min  |

November 12, 2025
Business World Philippines

Business World Philippines

Why AI-fueled layoffs will backfire

RIGHT NOW thereseemtobeonly two types of business headlines: Those dedicated to the eye-popping investments and valuations of the ever-expanding AI boom, and those chronicling a stream of layoff announcements. Strikingly, you'll often see the same company names appearing in both.

3 min  |

November 12, 2025

Business World Philippines

PAL Q3 income nearly doubles on higher passenger revenues

PAL HOLDINGS, INC., the operator of Philippine Airlines (PAL), saw its third-quarter (Q3) attributable net income nearly double to P1.37 billion on higher passenger revenues.

1 min  |

November 12, 2025

Business World Philippines

Hosting World Cup

When the Philippines kicks off the maiden FIFA Women's Futsal World Cup later this month, it will effectively be auditioning for credibility.

1 min  |

November 12, 2025

Business World Philippines

Globe Telecom switches 171 sites to renewable energy in net-zero push

GLOBE TELECOM, INC. said it has transitioned 171 of its sites to renewable energy (RE), up from 29 last year, as part of its net-zero strategy.

2 min  |

November 12, 2025
Business World Philippines

Business World Philippines

Christmas lights the stage at Proscenium Theater

9 Works Theatrical presents A Christmas Carol

2 min  |

November 12, 2025

Business World Philippines

Peso slips with US shutdown nearing end

THE PESO slipped against the dollar on Tuesday as the market awaited updates on the possible reopening of the US government.

4 min  |

November 12, 2025

Business World Philippines

Copper surges on potential end to US gov’t shutdown

Copper prices rose on Monday, buoyed by hopes that the US government shutdown will end soon and by data showing deflation eased in top metals consumer China.

1 min  |

November 12, 2025

Business World Philippines

T-bill rates drop across all tenors amid bets on further BSP easing

THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Tuesday as yields went down across all tenors on expectations of more rate cuts from the Bangko Sentral ng Pilipinas (BSP) as economic growth hit an over four-year low in the third quarter.

3 min  |

November 12, 2025

Business World Philippines

Chile's Codelco-SQM lithium deal clears last major hurdle after China's green light

A planned tie-up between Chilean state copper giant Codelco and local producer SQM to produce lithium has won approval from China’s antitrust regulator, the entity said on Monday, paving the way for the joint venture to go into effect.

1 min  |

November 12, 2025

Business World Philippines

Stocks fall further as PHL economic outlook dims

PHILIPPINE SHARES sank further on Tuesday, dragging the bellwether index to a new five-year low, as sentiment on the economy’s state worsened following weak financial results from some listed companies.

2 min  |

November 12, 2025
Business World Philippines

Business World Philippines

SMB faces the challenge of upset-conscious Titan Ultra in Philippine Cup

AFTER hurdling heavyweight contenders the last four games San Miguel Beermen (SMB) faces the challenge of keeping the same level of intensity versus an opponent on the lower rungs of the standings.

1 min  |

November 12, 2025

Business World Philippines

Oil prices up as tight fuel markets offset crude supply concerns

Oil prices settled higher on Monday as analysts focused on potential fuel supply disruptions from fresh US sanctions and Ukrainian drone attacks on Russian refineries, although predictions of a crude supply surplus kept gains in check.

2 min  |

November 12, 2025

Business World Philippines

Uwan death toll climbs to 18, OCD says

TYPHOON Fung-wong, locally known as Uwan, left at least 18 dead mainly due to landslides caused by heavy rains across Luzon and Visayas, the Office of Civil Defense (OCD) said on Tuesday.

3 min  |

November 12, 2025

Business World Philippines

DoST calls for higher funding for startup law

A LAW designed to provide research support and incentives to Philippine startups remains underfunded, with officials citing the need for more resources to support startups’ research, design, and market expansion.

2 min  |

November 12, 2025

Business World Philippines

Transmission rates up in November billing

POWER CONSUMERS will be charged higher transmission rates in their electricity bills for November due to the increase in the cost of power reserves used to maintain reliable operations, the National Grid Corp. of the Philippines (NGCP) said.

1 min  |

November 12, 2025
Business World Philippines

Business World Philippines

PLDT Q3 income falls 28% as expenses temper revenue gains

PANGILINAN-LED PLDT Inc. posted a third-quarter attributable net income of P6.93 billion, down 28.26% from P9.66 billion in the same period last year, as higher expenses offset revenue growth.

1 min  |

November 12, 2025

Business World Philippines

PHINMA Education boosts capacity in Indonesia with 10-story Horizon University building

PHINMA Education Holdings, Inc. expanded its footprint in Indonesia with the completion of a 10-story building at Horizon University Indonesia in Karawang, West Java, boosting student capacity by 7,000 to bring the total to nearly 10,000 and making it the tallest university structure in the city.

1 min  |

November 12, 2025

Business World Philippines

Hydropower lifts First Gen's nine-month profit by 4% despite weaker gas, geothermal earnings

POWER PRODUCER First Gen Corp. posted a nine-month attributable net income of $215.4 million, up 4% from the same period last year, as higher contributions from its hydropower portfolio offset declines in natural gas and geothermal earnings.

1 min  |

November 12, 2025
Business World Philippines

Business World Philippines

Ensemble dancers take center stage

Theatre Group Asia brings A Chorus Line to the Philippines

3 min  |

November 12, 2025

Business World Philippines

Thailand to halt Cambodia ceasefire deal implementation

Thailand’s government confirmed on ‘Tuesday it will halt the implementation of an enhanced ceasefire agreement with Cambodia, signed last month in the presence of US President Donald J. Trump and said it would explain its decision to Washington.

1 min  |

November 12, 2025

Business World Philippines

BPI sees GDP returning to 5% growth track next year

BANK of the Philippine Islands (BPI) expects the economy to return to 5% growth next year, calling the third-quarter reading of 4% an anomaly and arguing that the government could eventually get a handle on the issues holding spending back.

2 min  |

November 12, 2025