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Business World Philippines

Peso hits new record low as war risks spook traders

THE PESO on Tuesday ended at a new all-time low for the eighth time this month as the widening Middle East war caused investors to flock to the safe-haven dollar as oil supply risks threaten to push up inflation.

3 min  |

April 01, 2026
Business World Philippines

Business World Philippines

From criminal penalties to civil remedies: Reexamining libel and cyberlibel in the Philippines

Cyberlibel remains the top recorded cybercrime in the Philippines in 2025, according to recent data from the Department of Information and Communications Technology and the Cybercrime Investigation and Coordinating Center.

3 min  |

April 01, 2026
Business World Philippines

Business World Philippines

Ayala Land to launch P10-billion buyback after share price drop

AYALA LAND, Inc. (ALI) said its executive committee approved a share buyback program of up to P10 billion to commence on April 1.

1 min  |

April 01, 2026

Business World Philippines

BSP: Inflation likely rose to 3.1-3.9%

HIGHER FUEL, electricity, and rice prices, along with the peso’s weakness, likely pushed inflation to the fastest in around two years, the Bangko Sentral ng Pilipinas (BSP) said on Tuesday.

3 min  |

April 01, 2026

Business World Philippines

Australia readies social media court action citing teen ban breaches

Australia threatened on Tuesday to sue social media giants for allegedly flouting a ban on under-16s, as its internet regulator disclosed it is investigating some of the biggest platforms for suspected noncompliance with the world-first measure.

1 min  |

April 01, 2026

Business World Philippines

US vows to seek WTO alternatives after Cameroon meeting fails to renew e-commerce moratorium

(WTO) countries failed to agree on a reform path or even a routine extension of an e-commerce duty moratorium, prompting a fresh vow from the US to seek alternative deals with like-minded countries and relegate the body to only a limited role in global trade policy.

2 min  |

April 01, 2026

Business World Philippines

D.M. Wenceslao stays in ATRAM SDG fund for fourth year

D.M. WENCESLAO and Associates, Inc. (DMW) has been included in the ATRAM Philippine Sustainable Development and Growth Fund for 2026, marking its fourth consecutive year in the fund’s portfolio.

1 min  |

April 01, 2026

Business World Philippines

Corruption issues drag Manila to near bottom of ‘smart cities' list

MANILA dropped seven spots in the 2026 Smart City Index by Switzerland-based International Institute for Management Development World Competitiveness Center (WCC), as residents continued to fret about corruption and traffic congestion.

4 min  |

April 01, 2026

Business World Philippines

NG gross borrowings surge to nearly P400B

THE National Government's (NG) gross borrowings ballooned to almost P400billion in January as external debt more than tripled, the Bureau of the Treasury (BTr) said.

1 min  |

April 01, 2026

Business World Philippines

Mullins' Madness

It began, as things often do in March, with numbers that made no sense.

2 min  |

April 01, 2026

Business World Philippines

Pag-IBIG Fund to maintain 3% socialized housing rate under Expanded 4PH amid Middle East conflict

Pag/BIG Fund said it shall maintain its 3% annual interest rate for qualified socialized housing loans under the Expanded Pambansang Pabahay para sa Pilipino Program, keeping homeownership affordable at a time when the conflict in the Middle East continues to unsettle global oil markets and drive volatility in oil prices.

3 min  |

April 01, 2026

Business World Philippines

MARINA allows up to 30% rise in fares, cargo charges

BOAT FARES and ship cargo rates have been allowed to rise as much as 30%, the industry’s regulator, the Maritime Industry Authority (MARINA), said.

2 min  |

April 01, 2026

Business World Philippines

Worst-case food price scenario deemed unlikely by Agri dep’t

THE Department of Agriculture (DA) said on Tuesday that the worst-case scenario for food prices of a 20%-60% rise is unlikely because it expects the oil price shock to be mitigated by government measures to cushion the blow.

1 min  |

April 01, 2026

Business World Philippines

Children's council backs push to restrict Filipino minors' social media use

THE Council for the Welfare of Children (CWC) on Tuesday backed proposals to restrict minors’ access to social media platforms, saying such measures could help protect children’s mental health and overall well-being.

2 min  |

April 01, 2026
Business World Philippines

Business World Philippines

Karakoa wins Bank of the Philippine Islands Boracay 200

THE 2026 Bank of the Philippine Islands (BPI) Boracay 200 stood as tests of endurance and seamanship in the BPI Private Wealth Signature Yacht Race Series, as 12 yachts braved the 200-nautical-mile offshore passage from Subic to Boracay, followed by two days of intense inshore racing around Boracay’s famed waters.

1 min  |

April 01, 2026

Business World Philippines

Unilever orders global hiring freeze, citing ME war effects

Dove soap maker Unilever has implemented a global hiring freeze “at all levels” that will last at least three months, citing the effects of the widening conflict in the Middle East (ME), according to a memo seen by Reuters.

2 min  |

April 01, 2026
Business World Philippines

Business World Philippines

Hotel101 eyes $300-M US offering for global rollout

HOTEL101 Global Holdings Corp., the Nasdaq-listed subsidiary of DoubleDragon Corp., is moving forward with a planned $300-million Series A perpetual preferred share offering in the United States to support its international expansion.

1 min  |

April 01, 2026

Business World Philippines

Brent eyes record monthly rise; WTI crude oil settles above $100

Oil prices closed higher on Monday, with Brent heading for a record monthly rise, while US crude futures settled above $100 a barrel for the first time since 2022 after Yemeni Houthis widened the Iran war by launching their first attacks on Israel.

2 min  |

April 01, 2026

Business World Philippines

Gold prices rise for 2 d trading day

GOLD rose for a second straight session on Monday as safe-haven demand picked up, although prices were headed for a monthly decline as the Middle East conflict drove expectations of inflation and higher global interest rates.

1 min  |

April 01, 2026

Business World Philippines

Prices of some basic goods to rise after mid-April

THE price of some basic goods could increase after April 16, the Department of Trade and Industry said after conducting a round of consultations with manufacturers.

1 min  |

April 01, 2026

Business World Philippines

Manila seeks Iran assurance on oil transit

THE Philippine government is preparing to engage Iran in diplomatic talks to help ensure the safe passage of vessels bound for the country through the Strait of Hormuz, amid growing concerns over potential disruptions to the vital shipping route.

1 min  |

April 01, 2026
Business World Philippines

Business World Philippines

Paintings by Renoir, Cezanne and Matisse stolen from Italian museum

Three paintings by French masters Pierre-Auguste Renoir, Paul Cezanne, and Henri Matisse, reportedly worth an estimated $10 million in total, have been stolen from a museum in northern Italy, police said on Monday.

1 min  |

April 01, 2026

Business World Philippines

Petron stake sale to gov't seen as credit positive — CreditSights

A POTENTIAL sale of Petron Corp. to the Philippine government could be “modestly credit positive in the longer-term,” as it may improve financial support and access to funding, according to financial research firm CreditSights.

1 min  |

April 01, 2026

Business World Philippines

Citicore energizes 69-MW solar project in Negros Occidental

SAAVEDRA-LED Citicore Renewable Energy Corp. (CREC) has energized a 69-megawatt (MW) solar project in Negros Occidental, adding capacity to the Visayas grid ahead of the summer season.

1 min  |

April 01, 2026
Business World Philippines

Business World Philippines

PasaHero turns jeepneys into QR ad platforms

PASAHERO PASSENGER, a commuter reward app, is helping jeepney drivers generate additional income through quick response (QR) code advertising as fuel prices continue to climb.

1 min  |

April 01, 2026

Business World Philippines

Availability of renewables seen driving data center investment interest — DICT

THE Department of Information and Communications Technology (DICT) said the availability of renewable energy will loom large in the investment criteria of data-center companies as prices of fossil fuels turn volatile.

1 min  |

April 01, 2026

Business World Philippines

Bargain hunting lifts stocks as Iran war continues

PHILIPPINE SHARES rebounded on Tuesday as investors picked up cheap names following a three-day slump and amid news of government efforts to reduce war-related oil trade disruptions.

2 min  |

April 01, 2026

Business World Philippines

Cathay Pacific Airways to maintain capacity despite rising jet fuel costs – CEO

Cathay Pacific Airways Chief Executive Officer (CEO) Ronald Lam said on Monday that the airline’s short-term priority was to maintain flight capacity, adding that any cutbacks would be a “last resort” even as the conflict in the Middle East drives jet fuel prices higher.

1 min  |

April 01, 2026
Business World Philippines

Business World Philippines

Depicting hell through skateboarding culture

THE STRUGGLE of following one’s dreams makes the journey seem like hell, but that doesn’t mean it has to be bleak.

3 min  |

April 01, 2026

Business World Philippines

Marcos orders use of Philippine names for SCS features

PRESIDENT Ferdinand R. Marcos, Jr. has ordered the adoption of Philippine names for 131 maritime features in the Spratly Islands, a move aimed at reinforcing governance and strengthening the country’s sovereignty claims in the South China Sea (SCS).

1 min  |

April 01, 2026