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Business World Philippines

IATA warns supply chain woes to hit airline growth

SUPPLY CHAIN bottlenecks are expected to constrain the airline industry’s projected growth as aircraft production delays and rising maintenance costs weigh on carriers’ fleet expansion plans, the International Air Transport Association (IATA) said.

3 min  |

October 15, 2025
Business World Philippines

Business World Philippines

Filipino startup uses Al to cut water leaks

FILIPINO startup Hiraya Technology Solutions, Inc. is using artificial intelligence (AI) to automate water management and reduce leaks in residential and commercial systems, as local utilities move to improve efficiency and cut waste.

1 min  |

October 15, 2025

Business World Philippines

US, China roll out port fees, threatening more turmoil at sea

The United States and China on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world’s two largest economies.

3 min  |

October 15, 2025

Business World Philippines

Scam calls in the Philippines rise over 78% in Q3

SCAM CALLS in the Philippines rose 78.44% quarter on quarter to 62,390 in the three months to September, anti-scam application Whoscall reported.

1 min  |

October 15, 2025

Business World Philippines

Tighter rules for unprogrammed funds sought

THE PHILIPPINES' Finance chief said the proposed 5% cap on unprogrammed funds is excessive, as the Marcos administration faced renewed scrutiny over their use amid a multi-billion-peso infrastructure scandal.

1 min  |

October 15, 2025
Business World Philippines

Business World Philippines

PHL requires $1.79 billion in smart-grid investment — Ember

THE PHILIPPINES will need $1.79 billion in smart-grid investment to follow through on its renewable energy (RE) ambitions, according to energy think tank Ember.

2 min  |

October 15, 2025

Business World Philippines

Agencies urged to directly procure rice ahead of farmer protest in QC

THE Department of Agrarian Reform (DAR) said it is asking government agencies and corporations to directly procure rice from farmers to support them during a time of weak farmgate prices of palay (unmilled rice).

1 min  |

October 15, 2025

Business World Philippines

BSP to extend easing cycle as economy faces ‘uphill climb’

THE BANGKO SENTRAL ng Pilipinas (BSP) will likely continue reducing benchmark interest rates until the first quarter of 2026 amid a weakening economic outlook, Metropolitan Bank & Trust Co. (Metrobank) said.

1 min  |

October 15, 2025

Business World Philippines

Ombudsman reopens public access to officials’ SALN

THE Office of the Ombudsman has restored public access to the statements of assets, liabilities, and net worth (SALN) of government officials, reversing a restrictive policy imposed during the Duterte administration that had limited transparency for more than four years.

2 min  |

October 15, 2025
Business World Philippines

Business World Philippines

IKEA, Ayala Malls partner for Plan and Order Shop

IKEA PHILIPPINES will open its first Plan and Order Shop at TriNoma Mall in Quezon City on Oct. 23 through a partnership with Ayala Malls.

2 min  |

October 15, 2025

Business World Philippines

Dutch gov’t takes control of China-owned computer microchipmaker Nexperia

The Dutch government has taken control of Chinese-owned computer chipmaker Nexperia, ratcheting up tensions with Beijing as a global fight brews over technology intellectual property, especially around semiconductors.

2 min  |

October 15, 2025

Business World Philippines

Fed’s Paulson sees more cuts to boost job market

IN her first speech as head of the Philadelphia Federal Reserve, Anna Paulson said on Monday that rising risks to the job market argue for more interest rate cuts by the US central bank, as trade tariffs now appear unlikely to push up inflation as much as expected.

1 min  |

October 15, 2025
Business World Philippines

Business World Philippines

Trust, Trade, and Values: The deepening EU-Philippine economic partnership

This week, representatives of select European companies are in Manila for the annual EU-ASEAN Business Mission.

3 min  |

October 15, 2025

Business World Philippines

P349 temporary safeguard duty imposed on imported cement

THE Department of Trade and Industry (DTI) said it will be imposing a temporary safeguard duty of P349 per metric ton on imported cement for three years.

1 min  |

October 15, 2025

Business World Philippines

PHL stocks extend climb on Wall Street’s gains

PHILIPPINE STOCKS ended in the green for a second straight day as players continued to pick up cheap shares, and as Wall Street’s climb overnight helped improve market sentiment.

2 min  |

October 15, 2025
Business World Philippines

Business World Philippines

Dodgers barely preserve Blake Snell's win at NLCS opener

The Los Angeles (LA) Dodgers did just enough extra to avoid wasting Blake Snell’s dominant pitching performance.

2 min  |

October 15, 2025
Business World Philippines

Business World Philippines

Ice maker taps MPower to energize more plants

MPOWER, the retail electricity arm of Manila Electric Co. (Meralco), has expanded its partnership with ice manufacturer Mr. Freeze Tube Ice, Inc. to power several of the latter’s plants across the southern part of Luzon.

1 min  |

October 15, 2025
Business World Philippines

Business World Philippines

Mati Airport set for expedited development

THE Department of Transportation (DoTr) said it is expediting the construction and upgrade of Mati Airport in the Davao region, with plans for it to accommodate turboprop aircraft by 2027.

1 min  |

October 15, 2025
Business World Philippines

Business World Philippines

Banks deposits rise to P20.67 trillion as of June

THE PHILIPPINE banking system’s total deposits grew by 5.9% year on year to P20.671 trillion at end-June from P19.518 trillion, data from the Bangko Sentral ng Pilipinas (BSP) showed.

2 min  |

October 15, 2025

Business World Philippines

Thrift banks see no more need for cut in required minimum liquidity ratio

THE CHAMBER of Thrift Banks (CTB) is no longer pushing for a cut in the industry’s minimum liquidity ratio (MLR) as they now have enough liquid assets to support their lending activities.

1 min  |

October 15, 2025
Business World Philippines

Business World Philippines

Papal guidelines on artificial intelligence: As situations change, give greater importance to generating employment

(Part 4)

4 min  |

October 15, 2025

Business World Philippines

FDC consolidates hotel units under Filinvest Hospitality Corp.

GOTIANUN-LED Filinvest Development Corp. (FDO) is consolidating its hotel subsidiaries under Filinvest Hospitality Corp. (FHC) as part of an internal restructuring aimed at streamlining the Filinvest group's hospitality operations.

1 min  |

October 15, 2025
Business World Philippines

Business World Philippines

Freezing the funds and fruits of flood control: An overview of the effects and extent of freeze orders

The flood control fiasco has permeated our daily lives, consistently making its way to headlines, conversations, and in typical Filipino humor. It has become a relevant and timely national issue in our country as it placed in hot water both public and private individuals allegedly involved in the massive dissipation and misuse of public funds for private gain.

4 min  |

October 15, 2025

Business World Philippines

Treasury bill yields go down as BSP signals more easing ahead

THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday at lower rates across all tenors as the Bangko Sentral ng Pilipinas’ (BSP) policy decision last week and dovish guidance bolstered demand for short-term securities.

2 min  |

October 14, 2025

Business World Philippines

House OKs budget bill on 3rd reading

THE HOUSE of Representatives on Monday passed on final reading the proposed P6.793trillion national budget for 2026, concluding 62 days of deliberations marked by heightened scrutiny over a widening corruption scandal involving flood control projects.

4 min  |

October 14, 2025

Business World Philippines

Peso edges down on fresh tariff worries

THE PESO edged down against the dollar on Monday amid increased market volatility due to fresh tariff threats from the United States against China.

2 min  |

October 14, 2025

Business World Philippines

Kiss of the Spider Woman has new spin on classic queer love story

Singer and actor Jennifer Lopez had multiple roles in the movie musical adaptation of Kiss of the Spider Woman, and she was determined to make all of them her own while following in the footsteps of acclaimed Latina actors Sonia Braga and Chita Rivera.

2 min  |

October 14, 2025

Business World Philippines

RCBC enhances remittance arm’s digital capabilities as online transactions grow

RIZAL COMMERCIAL Banking Corp. (RCBC) is upgrading its remittance arm’s digital offerings to help drive its revenues as it has seen strong growth in online transactions among Filipinos abroad.

2 min  |

October 14, 2025
Business World Philippines

Business World Philippines

Megaworld allocates P3.4B from REIT proceeds to expand provincial townships

LISTED property developer Megaworld Corp. said it is allocating P3.4 billion from the proceeds of its recent block sale of shares in its real estate investment trust (REIT) unit MREIT, Inc. to expand its township projects in Bacolod, Cebu, and Palawan amid continued growth prospects in these areas.

2 min  |

October 14, 2025

Business World Philippines

Soybeans recover a little from Trump’s China broadside

Chicago soybean futures steadied on Monday, after losing 1.5% in the last session when an escalation in US-China trade tensions reduced hopes that Beijing would end its boycott of US beans.

1 min  |

October 14, 2025