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Business World Philippines

Security Bank profit slips to P2.7 billion in Q1

SECURITY Bank Corp. recorded a 4% decline in its first-quarter net profit as it booked trading and foreign exchange (FX) losses due to market volatility and also set aside more provisions amid the Middle East conflict.

2 min  |

May 15, 2026

Business World Philippines

PHL financial education strategy set for release this year

THE BANGKO SENTRAL ng Pilipinas (BSP) is leading the development of the country’s National Strategy for Financial Education (NSFE) framework targeted for release before yearend, it said on Thursday.

1 min  |

May 15, 2026

Business World Philippines

Regulations to address toxic scents

The Philippines has seen this story before — only the packaging has changed.

3 min  |

May 15, 2026

Business World Philippines

Senate turmoil seen weighing on confidence as stagflation risks rise

THE PHILIPPINE ECONOMY could face mounting pressure from rising political instability, with economists and business groups warning that this week’s chaos at the Senate may further weaken already fragile business and consumer confidence amid slowing growth, elevated inflation, and an ongoing energy crisis.

3 min  |

May 15, 2026
Business World Philippines

Business World Philippines

The Philippine Senate and the danger of omission

In The Art of Thinking Clearly, Rolf Dobelli presented a moral dilemma that now feels strikingly relevant to the crisis confronting the Senate of the Philippines.

6 min  |

May 15, 2026

Business World Philippines

BIR April collections top target, hit P422 billion

THE BUREAU of Internal Revenue (BIR) said its gross collections rose to P422.378 billion in April, exceeding its target for the month despite the extension of the annual income tax return (AITR) filing deadline.

2 min  |

May 15, 2026

Business World Philippines

Foreign investment pledges up 52.3%

FOREIGN INVESTMENT pledges in the Philippines rose by 52.3% in the first quarter from a low base a year earlier, although commitments fell to their lowest level in four quarters as analysts cited geopolitical uncertainty, elevated costs, and weaker domestic growth as risks to investor sentiment.

4 min  |

May 15, 2026

Business World Philippines

ASEAN 2026 takes center stage at BusinessWorld Economic Forum 2026

THE PHILIPPINES’ chairmanship of the Association of Southeast Asian Nations (ASEAN) this year will be placed in the spotlight during the country’s premier business gathering, the BusinessWorld Economic Forum 2026, happening May 18 at the Grand Ballroom of the Grand Hyatt Manila in Bonifacio Global City, Taguig.

2 min  |

May 15, 2026

Business World Philippines

PHL exploring Turkish B2B deals to supply manufacturing inputs

TRADE Undersecretary and Board of Investments (BoI) Managing Head Ceferino S. Rodolfo said Turkish firms are being sounded out to supply the Philippines with manufacturing inputs.

1 min  |

May 15, 2026

Business World Philippines

Gold bullion prices extend decline as inflation worries weigh on interest rate cut bets

GOLD PRICES slipped for a second session on Wednesday as war-driven inflation concerns weighed on expectations for interest rate cuts, with markets also watching the upcoming meeting between US President Donald J. Trump and Chinese leader Xi Jinping.

1 min  |

May 15, 2026

Business World Philippines

Philippine politician wanted by ICC makes ‘escape’ after Senate chaos

A TOP Philippine politician wanted by the International Criminal Court (ICC) was no longer taking refuge at the Senate after what his wife called an “escape,” the Senate president said on Thursday, a day after chaos erupted over his possible arrest.

2 min  |

May 15, 2026

Business World Philippines

Cannes film market opens to record turnout as focus shifts to smaller films

The world’s largest film market opened in Cannes this week and attracted a record number of attendees vying to buy the mostly smaller productions on offer as studios have become risk-averse.

2 min  |

May 15, 2026

Business World Philippines

Philippines must build ‘credible deterrence’ amid SCS tensions, AFP says

THE Armed Forces of the Philippines (AFP) must strengthen its modernization efforts and develop a “credible deterrent” capability amid increasing tensions in the South China Sea (SCS) and emerging cyber and information threats, an official said on Thursday.

2 min  |

May 15, 2026

Business World Philippines

DATEM, NU ink scholarship deal

THE DATEM FOUNDATION, the corporate sustainability arm of DATEM Inc., and National University (NU) formally signed a scholarship agreement at the NU campus in Manila on May 6.

1 min  |

May 15, 2026

Business World Philippines

SEAOIL provides P2.6M in fuel savings for Grab, MOVE IT partners

SEAOIL announced that its strategic fuel discount partnership with Grab and MOVE IT has successfully generated P2.6 million in direct savings for TNVS drivers and motorcycle taxi and delivery riders from March to April.

1 min  |

May 15, 2026

Business World Philippines

Luzon, Visayas grids on red alert for second day

THE Luzon and Visayas grids were again placed under red alert on Thursday after plant outages reduced available generating capacity below peak demand levels, prompting the dispatch of natural gas-fired power plants to support grid stability.

2 min  |

May 15, 2026
Business World Philippines

Business World Philippines

Nearly 90 killed as storm lashes India’s most populous state of Uttar Pradesh

Almost 90 people were killed in a violent storm that battered India’s most populous state, Uttar Pradesh, with rain and hail, the state disaster management and relief office said on Thursday.

1 min  |

May 15, 2026

Business World Philippines

Capital1 acquires Vanie Gandler, Erika Santos and Jaja Maraguinot

CAPITAL1 acquired two of the country’s highly-sought free agents in former PVL MVPs Vanie Gandler and Erika Santos from the disbanded Cignal to shore up its contender bid in the next PVL season in July.

2 min  |

May 15, 2026

Business World Philippines

TSMC says global microchip market to hit $1.5 trillion by 2030 as AI drives growth

TSMC, the world’s largest contract chipmaker, expects the global semiconductor market to exceed $1.5 trillion by 2030, topping its previous forecast of $1 trillion, according to its presentation materials ahead of a tech symposium on Thursday.

1 min  |

May 15, 2026

Business World Philippines

NLEX’s Bolick leads race for Best Player of the Conference

ROBERT BOLICK rolled to pole position in the race for the Best Player of the Conference (BPC) award after helping NLEX take top spot in the Commissioner’s Cup playoffs.

1 min  |

May 15, 2026

Business World Philippines

Nissan predicts more than $1-B profit this fiscal year

NISSAN on Wednesday reported an operating profit of $367.60 million (¥58 billion) for the year that ended in March, as an improved cost performance and a one-off boost tied to US emissions regulations offset a hit from Washington's tariffs.

1 min  |

May 15, 2026

Business World Philippines

MPTC Tour of Luzon plans to add three stages in 2027 with stops in Bicol, Quezon

AFTER the cacophony of sound fades in the brutal but successful 14-stage MPTC Tour of Luzon 2026, questions on whether or not there will be a third offering of the country’s biggest cycling race next year should be answered.

1 min  |

May 15, 2026

Business World Philippines

S&P 500, Nasdaq boosted by AI-related microchip shares to record closing highs

The S&P 500 and the Nasdaq gained ground on Wednesday with a boost from artificial intelligence (AI)-related tech shares, which helped markets look past hotter-than-expected inflation data and the growing probability that the US Federal Reserve will hold to its restrictive monetary policy for the foreseeable future.

1 min  |

May 15, 2026
Business World Philippines

Business World Philippines

Finvolution, Asia United Bank partner for luvit card launch

ASIA UNITED BANK (AUB) is powering the luvit card of Finvolution Group, the mother company of fintech lending app JuanHand, as the card’s Bank Identification Number sponsor.

1 min  |

May 15, 2026

Business World Philippines

Asia-Pacific banks face growing credit risks

Asia-Pacific banks may have to raise their loan loss provisions further in the near-term as the Iran conflict darkens economic prospects in the region heavily reliant on Middle Eastern oil, analysts said.

3 min  |

May 15, 2026

Business World Philippines

Palay farmgate prices rise in April

THE FARMGATE price of palay (unmilled rice) rose 29.2% to an average of P23.31 per kilogram in April, the Philippine Statistics Authority (PSA) said in a report.

1 min  |

May 15, 2026

Business World Philippines

Over 108,000 to benefit from GSIS emergency loan aid

MORE THAN 108,000 active members and old-age and disability pensioners affected by recent calamities may avail themselves of the Government Service Insurance System's (GSIS) P2.64-billion emergency loan program.

1 min  |

May 15, 2026

Business World Philippines

PHL deemed most vulnerable in ASEAN due to extreme temperatures, weather

THE PHILIPPINES is the Southeast Asian country most exposed to extreme temperatures and weather, putting the agriculture and food industries at risk, an industry group said.

1 min  |

May 15, 2026

Business World Philippines

Digital-driven healthcare transformation: A new chapter of holistic care in Taiwan

AS THE WORLD confronts the challenges of population aging and healthcare workforce shortages, digital transformation in healthcare is no longer optional but essential.

3 min  |

May 15, 2026

Business World Philippines

DA assures farm imports only during shortages, price spikes

AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. told legislators that food imports will be authorized only to fill in gaps in domestic supply and during episodes of price instability.

1 min  |

May 15, 2026

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