Newspaper
Business World Philippines
Peso sinks anew as BSP delivers surprise cut to support growth
THE PESO sank back to the P58 level against the dollar on Thursday after the Bangko Sentral ng Pilipinas (BSP) unexpectedly lowered borrowing costs at its policy meeting.
1 min |
October 10, 2025
Business World Philippines
PAL calls for aviation master plan to boost connectivity, resilience
FLAG CARRIER Philippine Airlines (PAL) is calling for a unified aviation master plan to optimize airport use, improve connectivity, and prepare the country for Asia’s projected travel boom.
1 min |
October 10, 2025
Business World Philippines
UnionBank to inject P1.5B in capital into City Savings
UNION BANK of the Philippines (UnionBank) will infuse P1.5 billion of fresh capital into its thrift banking arm City Savings Bank, Inc. (CSB) to support its operations.
1 min |
October 10, 2025
Business World Philippines
Oil prices rise on worries about Russian output, US consumption
Oil prices edged up about 1% to a one-week high on Wednesday as traders expected a lack of progress on a Ukraine peace deal to keep sanctions in place against Moscow, while a weekly report showed growing US oil consumption.
1 min |
October 10, 2025
Business World Philippines
Full-force TNT launches bid for Philippine Cup title in Season 50
TNT feels the itch as it launches a renewed bid for the PBA Philippine Cup title that eluded them in their near-grand slam run the previous season.
2 min |
October 10, 2025
Business World Philippines
Community relations: Turning goodwill into good business
We'd like to jumpstart our community relations program which was put on hold when its manager resigned. How do we make it profitable for us? Please advise. — Foxy Roxy.
3 min |
October 10, 2025
Business World Philippines
Gold ore and nickel top industry revenue in 2023
THE Philippine Statistics Authority said gold ore generated P79 billion in revenue in 2023, accounting for 27.6% of the mining industry.
1 min |
October 10, 2025
Business World Philippines
Cement makers seek P600 safeguard duty on imports
THE Cement Manufacturers' Association of the Philippines (CeMAP) said it is seeking an increase in the safeguard duty for cement imports to P600 per ton.
1 min |
October 10, 2025
Business World Philippines
Deindustrialization seen driving underemployment
A LABOR GROUP said on Thursday that the underemployment accompanying the uptick in jobs in August reflects what it called the country’s “mediocre” performance in job generation as deindustrialization takes further hold of the economy.
1 min |
October 10, 2025
Business World Philippines
London cocoa slumps to 1-1/2-year low
London cocoa futures on ICE hit their lowest in more than 1-1/2 years on Wednesday, weighed by the prospect of a global surplus in the 2025/26 season, while sugar prices also fell.
1 min |
October 10, 2025
Business World Philippines
SEC chief retracts claim of P1.7-T market loss due to corruption
SECURITIES and Exchange Commission (SEC) Chairperson Francisco Ed. Lim has withdrawn his earlier claim that recent corruption issues wiped out P1.7 trillion in market value, admitting the information he cited was based on a “fictitious” report.
3 min |
October 10, 2025
Business World Philippines
LME copper retreats after touching 16-month peak
LONDON — Copper prices briefly hit a 16-month peak on Wednesday due to worries about potential shortages from a series of mine disruptions, but it later retreated under pressure from a stronger dollar.
1 min |
October 10, 2025
Business World Philippines
Philippines resupplies fishers near disputed South China Sea shoals
THE Philippine Coast Guard (PCG) and Bureau of Fisheries and Aquatic Resources (BFAR) resupplied Filipino fishermen operating near disputed maritime features in the South China Sea on Wednesday, defying heightened Chinese presence in the contested waters.
1 min |
October 10, 2025
Business World Philippines
Blue Jays' bullpen shuts down Yankees, seals ALDS in Game 4
Toronto Blue Jays manager John Schneider made seven pitching changes on Wednesday.
1 min |
October 10, 2025
Business World Philippines
Gold shatters $4,000 level; silver belts record high
GOLD SURGED PAST the $4,000 an ounce level for the first time on Wednesday, building on a record-breaking rally as broader geopolitical and economic uncertainty, as well as expectations of US interest rate cuts, sent investors flocking to the safehaven asset.
1 min |
October 10, 2025
Business World Philippines
China’s BYD expands South American footprint with Argentina EV launch
China’s largest carmaker BYD on Wednesday launched sales of its EVs in Argentina, taking advantage of the lifting of import tariffs for electric and hybrid vehicles and boosting its fast-growing footprint in South America.
2 min |
October 10, 2025
Business World Philippines
Marcos’ online platform gets 20,000 reports
ALMOST 20,000 reports have been filed with President Ferdinand R. Marcos, Jr’s online platform for questionable infrastructure proj- ects, Malacafiang said on Thursday, as the Philippines continues with its anti-graft drive on public works.
1 min |
October 10, 2025
Business World Philippines
FPI calls on Philippines to be ready to act vs likely dumping of goods
THE Federation of Philippine Industries (FPI) said that anti-dumping measures must be rolled out as exporters thwarted by US tariffs seek to sell their goods in the Philippines.
1 min |
October 10, 2025
Business World Philippines
Singapore vs Philippines in startup funding: lessons for fintech growth
THE FIRST HALF of 2025 laid bare the stark divergence in startup funding fortunes between Singapore and the Philippines, especially in the fintech sector.
3 min |
October 09, 2025
Business World Philippines
PVL orders the reply of the openers after the release of imports’ ITCs
BACK to square one.
1 min |
October 09, 2025
Business World Philippines
The tipping point
When economic distress and political discontent intersect, the tipping point becomes closer.
4 min |
October 09, 2025
Business World Philippines
Background music
WHATEVER happened to background music in public places? Does one even notice it in the malls or restaurants?
3 min |
October 09, 2025
Business World Philippines
Marcos inks new energy deals, hopes to reduce PHL dependence on oil imports
PRESIDENT Ferdinand R. Marcos, Jr. on Wednesday signed eight new petroleum service contracts (PSCs), representing a potential investment of around $207 million (around P12 billion) over a seven-year exploration period.
2 min |
October 09, 2025
Business World Philippines
Peso returns to P57-a-dollar level as market awaits BSP's policy decision
THE PESO climbed back to the P57-perdollar level on Wednesday as the market looked ahead to the Bangko Sentral ng Pilipinas' (BSP) policy meeting.
1 min |
October 09, 2025
Business World Philippines
Scrapping VAT may trigger crisis – analysts
ECONOMISTS and tax experts warned that scrapping the value-added tax (VAT) may trigger a fiscal or even an economic crisis, as the Bureau of Internal Revenue (BIR) collected P487 billion in the first eight months of 2025.
3 min |
October 09, 2025
Business World Philippines
ConSync digital marks 10 years of transforming brands online
CONSYNC DIGITAL, a Filipino creative powerhouse in the digital space, is celebrating its 10th anniversary with a bold rebrand and a renewed commitment to empowering brands through clarity, creativity and strategy.
1 min |
October 09, 2025
Business World Philippines
Flood control mess erases P1.7T in market value – SEC chief
A WIDENING corruption scandal involving flood control projects has shaken investor confidence, erasing around PL7 trillion in market value in just three weeks, according to Securities and Exchange Commission (SEC) Chairperson Francisco Ed. Lim.
2 min |
October 09, 2025
Business World Philippines
Jobless rate eases to 3.9% in August
THE PHILIPPINES’ unemployment rate dropped to 3.9% in August, driven by renewed hiring in the agriculture and construction sectors, the Philippine Statistics Authority (PSA) reported on Wednesday.
4 min |
October 09, 2025
Business World Philippines
Malaysia’s MMC Port Holdings delays IPO to include full-year results
Malaysia’s MMC Port Holdings has decided to postpone its planned initial public offering (IPO) to next year so that it can include its full-year 2025 financial results, two sources with knowledge of the matter told Reuters on Tuesday.
1 min |
October 09, 2025
Business World Philippines
Noche Buena price guide expected within 2 weeks
THE Department of Trade and Industry (DTI) said it hopes to release its price guide for items traditionally consumed during Christmas Eve feast within the next two weeks.
1 min |