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Business World Philippines

PBA unveils newest member Pureblends Corp. Giant Risers

AS THE PBA met the media to launch its 50\" season on Wednesday, the pro league brought in tow the newest member of the family —Pureblends Corporation.

2 min  |

October 02, 2025

Business World Philippines

Taiwan will not agree to 50-50 chip production deal with US

Taiwan will not agree to a deal with the United States for half of all semiconductor production to take place in the country, the island’s top tariff negotiator said on Wednesday after returning home.

1 min  |

October 02, 2025

Business World Philippines

Bargain hunting lifts PSEi back to 6,000 level

PHILIPPINE SHARES rebounded on Wednesday as investors took advantage of lower prices following the market's seven-day losing run.

2 min  |

October 02, 2025

Business World Philippines

Western Union rolls out mobile app in PHL

WESTERN UNION on Wednesday launched its new mobile application in the Philippines, which it expects to help boost fund flows and make remittances more convenient.

1 min  |

October 02, 2025

Business World Philippines

Controlling a high budget deficit, reducing public debt

Last week the Bureau of the Treasury (BTr) released the cash operations report (COR) then the outstanding public debt for August. So here I have compared the date from January to August this year with the data in the same months in previous years, 2019 to 2024.

2 min  |

October 02, 2025

Business World Philippines

Wall St. indexes close higher with quarterly and monthly gains

Wall Street's three major indexes managed to close Tuesday’s choppy session higher, marking quarterly and monthly gains, even as investors braced for a US government shutdown, which would delay key economic reports and muddy the US Federal Reserve's interest rate policy outlook.

2 min  |

October 02, 2025

Business World Philippines

Tropical Depression Paolo forms, may hit Luzon by Friday — state weather bureau

TROPICAL Depression Paolo has developed from a low-pressure area east of Catanduanes in the Bicol region and was expected to make landfall over Isabela or northern Aurora on Friday, the state weather bureau said on Wednesday.

1 min  |

October 02, 2025

Business World Philippines

IMF trims Philippine growth outlook

PHILIPPINE ECONOMIC GROWTH is expected to moderate this year and in 2026 amid ongoing trade uncertainties and geopolitical tensions across the globe, the International Monetary Fund (IMF) said.

1 min  |

October 02, 2025

Business World Philippines

Red Sox rally off Yankees’ bullpen, capture Game 1

Garrett Crochet struck out 11 in 7 2/3 outstanding innings and the Boston Red Sox went ahead after getting Max Fried out of the game and opened their American League wildcard series with a 3-1 victory over the New York Yankees on Tuesday.

2 min  |

October 02, 2025
Business World Philippines

Business World Philippines

A magical experience at the Grand Hyatt

MAGIC is coming to the Grand Hyatt Manila via a six-course dinner that premieres in January.

1 min  |

October 02, 2025

Business World Philippines

60-day freeze ordered on Cebu prices after quake

THE Department of Trade and Industry (DTD) said it imposed a 60-day price freeze on basic necessities in Cebu following the magnitude 6.9 earthquake on Tuesday.

1 min  |

October 02, 2025

Business World Philippines

Power Mac Center opens 9t" Apple Premium Partner store in SM Lanang, Davao

POWER MAC CENTER has opened the first Apple Premium Partner store in Mindanao in SM Lanang Premier, Davao City.

1 min  |

October 02, 2025

Business World Philippines

Manila Water completes takeover of Wawa bulk water supply project

EAST ZONE concessionaire Manila Water Co., Inc. has completed the takeover of the Wawa Bulk Water Supply from its parent firm Prime Infrastructure Capital, Inc. (Prime Infra) for P37.8 billion.

1 min  |

October 02, 2025

Business World Philippines

Why the Philippines must prepare for AI-driven data breaches

FILIPINOS love the internet. With 97.5 million people online, equivalent to 83.8% of the population, the Philippines ranks among the heaviest internet users in the world. Nearly all of these internet users (98.5%)

3 min  |

October 02, 2025
Business World Philippines

Business World Philippines

Megaworld Lifestyle Malls Recognized for Dining and Retail Excellence at Asian Experience Awards 2025

Megaworld Lifestyle Malls received two international honors at the Asian Experience Awards 2025, reaffirming its leadership in redefining lifestyle and retail experiences in the Philippines. ‘The company was recognized for both dining and retail excellence, underscoring its commitment to innovation and customer-first environments.

2 min  |

October 02, 2025

Business World Philippines

Gold rises on US gov’t shutdown fears

GOLD PRICES rose on Tuesday to hover near record highs, buoyed by concerns over a looming US government shutdown, while soft jobs data bolstered expectations of US Federal Reserve rate cuts.

1 min  |

October 02, 2025

Business World Philippines

Chip industry council unveils five-year workforce dev’t plan

THE Semiconductor and Electronics Industry Advisory Council (SEIAC) said its five-year workforce development plan is intended to improve the school-to-industry pipeline.

1 min  |

October 02, 2025
Business World Philippines

Business World Philippines

La Salle nips stingy FEU, 74-72, in UAAP S88 men’s basketball

DE LA SALLE UNIVERSITY scrambled past Far Eastern University (FEU), 74-72, to return to the win column of the UAAP Season 88 men’s basketball tournament on Wednesday at the UST Quadricentennial Pavilion.

2 min  |

October 02, 2025

Business World Philippines

Japan’s $550-billion US investment to have no FX impact, top trade negotiator says

Japan will run a $550-billion US-bound investment package agreed in Tokyo’s tariff deal with Washington without any impact on the foreign exchange (FX) market, its top trade negotiator Ryosei Akazawa said on Wednesday.

1 min  |

October 02, 2025

Business World Philippines

Phillies favored ahead of Dodgers, Mariners as MLB postseason begins

THE Philadelphia Phillies are favored to win the World Series as the Major League Baseball (MLB) postseason begins Tuesday, although who their biggest threat may be varies among sportsbooks.

1 min  |

October 02, 2025

Business World Philippines

Ascott, Gaisano to build first Oakwood hotel in Cebu

THE Ascott Ltd. has partnered with Gaisano-owned Grand Land, Inc. to open the first Oakwood hotel in Cebu.

1 min  |

October 02, 2025

Business World Philippines

GSIS employees welcome back GSIS chief, 4 execs after Ombudsman lifts suspension

GSIS President and General Manager Wick Veloso returned to a rousing welcome from employees who cheered, applauded, and embraced him, along with four other executives, during the agency's flag-raising ceremony on September 23.

1 min  |

October 02, 2025

Business World Philippines

ERC to expedite applications considered ‘critical’

THE Energy Regulatory Commission (ERC) said it will identify pending applications that it deems critical and subject them to expedited approval processes.

1 min  |

October 02, 2025

Business World Philippines

2.4-M bags of rice due for dispatch to Masbate, other typhoon-hit locations

NATIONAL FOOD AUTHORITY (NFA) Administrator Larry Lacson said the NFA will send 2.4-million bags of rice from its stocks to Masbate and other typhoon-stricken locations.

1 min  |

October 02, 2025

Business World Philippines

TDF yields drop further

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits dropped further on Wednesday

2 min  |

October 02, 2025
Business World Philippines

Business World Philippines

Peso rebounds as dollar weakens due to US government shutdown

THE PESO rebounded on Wednesday as the dollar was hit by the US government's shutdown.

1 min  |

October 02, 2025

Business World Philippines

Cocoa prices hit 2-1/2-month lows; raw sugar gains

Cocoa futures on ICE slumped to 2-1/2-month lows on Tuesday, with dealers citing the influence of weak demand on an expected global surplus in the coming 2025/26 season.

1 min  |

October 02, 2025

Business World Philippines

Voluntary tuition scheme for financially capable SUC students questioned

THE practicality of allowing financially capable students of State Universities and Colleges (SUCs) to pay tuition voluntarily is under scrutiny after the University of the Philippines (UP) reported that 10% or less of its students made such payments.

2 min  |

October 02, 2025

Business World Philippines

Synology highlights data protection strategies in the age of AI

GLOBAL NETWORK-ATTACHED storage and data management solutions firm Synology Inc. underscored the growing importance of robust data protection strategies in today’s fast-changing digital landscape during the recent AIBP Summit Philippines 2025.

1 min  |

October 02, 2025

Business World Philippines

Oil prices slide as investors brace for possible OPEC+ output hike

Oil prices settled lower on Tuesday as investors braced for a supply surplus due to potential OPEC+ plans for a larger output hike next month and the resumption of oil exports from Iraq's Kurdistan region via Turkey.

1 min  |

October 02, 2025