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Business World Philippines

Malaysia plans to convene RCEP summit in October, report says

Malaysia Prime Minister Anwar Ibrahim said he intends to convene a summit of the Regional Comprehensive Economic Partnership (RCEP) in October, local media reported on Wednesday.

1 min  |

August 29, 2025

Business World Philippines

Closet clerk: A manager with zero authority

I work for a medium-sized organization. I feel bad for our department manager who has no authority to approve even small purchases like staplers. He told us that all disbursements, regardless of amount, must be approved by the chief executive officer (CEO). The trouble is that our manager appears unbothered by the situation. What can we do? — White Lotus.

3 min  |

August 29, 2025

Business World Philippines

PHL, Cambodia central banks hold talks on financial sector developments

THE BANGKO SENTRAL ng Pilipinas (BSP) and the National Bank of Cambodia (NBC) met last week to discuss developments and challenges in the financial sector.

1 min  |

August 29, 2025

Business World Philippines

Carlos Alcaraz exercises second-round demons; Djokovic recovers from slow start at US Open

Carlos Alcaraz demolished Mattia Bellucci to banish memories of last year’s shock early exit, while Novak Djokovic shook off a sluggish start to reach the third round on Wednesday and stay on course for a potential semifinal showdown with the Spaniard.

3 min  |

August 29, 2025

Business World Philippines

S&P 500 hits record high close; investors turn to Nvidia results

THE S&P 500 notched a record high close on Wednesday ahead of quarterly results from Nvidia, Wall Street’s most closely watched event this week, which will test the rally that has pushed valuations of artificial intelligence (AI)-related companies to levels that some investors view as too high.

2 min  |

August 29, 2025

Business World Philippines

PPF hosts first PHL Pickleball National C’ship with Skechers Philippines

AS PICKLEBALL continues to win over players of all ages and skill levels in the Philippines, the Philippine Pickleball Federation (PPF), together with partner Skechers Philippines, the global leader in comfort and performance footwear, remains at the heart of the action, supporting the growing passion for pickleball across the country.

1 min  |

August 29, 2025
Business World Philippines

Business World Philippines

Eala exits US Open in loss to Bucsa, joins Sao Paulo Open

ALEXANDRA “ALEX” EALA‘s quest for glory is not ending anytime soon.

2 min  |

August 29, 2025

Business World Philippines

Helped by brand tie-ups, Lego’s first-half sales hit arecord $5.43 billion

Danish toy-maker Lego said on Wednesday its first-half sales rose 12% to a record 34.6 billion Danish crowns ($5.43 billion), as partnerships with other major brands, including Formula One and Jurassic Park, helped it to outperform its peers.

1 min  |

August 29, 2025

Business World Philippines

Peso strengthens vs dollar on BSP rate cut, dovish Fed bets

THE PESO rose slightly against the dollar on Thursday after the Bangko Sentral ng Pilipinas (BSP) delivered a widely-expected rate cut and amid dovish expectations for the US central bank’s easing cycle.

3 min  |

August 29, 2025

Business World Philippines

Oil prices rise on US crude stocks drop, impact of tariffs on India

Oil prices settled higher on Wednesday after data showed a larger-than-expected drop in US crude inventories and as investors weighed the potential impact from new US tariffs on India.

1 min  |

August 29, 2025

Business World Philippines

PAL taps Trip.com for wider ticket access

FLAG CARRIER Philippine Airlines (PAL) has partnered with online travel agency Trip.com to expand its air ticket distribution system.

1 min  |

August 29, 2025

Business World Philippines

PEZA says ‘robust’ pipeline keeps it on pace to hit target

THE Philippine Economic Zone Authority (PEZA) said its project pipeline remains “healthy and robust,” keeping it on track to achieve its target this year after having approved 29 projects in August valued at P14.872 billion.

1 min  |

August 29, 2025

Business World Philippines

DBM backs bigger LGU role in infra projects

THE Department of Budget and Management (DBM) said it will support a provision in the proposed 2026 General Appropriations Act (GAA) that gives local government units (LGUs) an expanded role in shaping infrastructure projects.

1 min  |

August 29, 2025

Business World Philippines

Indonesia will give food firms two years to meet new labeling rules

Indonesia will set a deadline of two years for food and beverage companies to meet new labeling norms for products high in salt, sugar or fat, a government official told Reuters, a move that spells more delays in efforts to curb fast-rising obesity.

2 min  |

August 29, 2025

Business World Philippines

US, allies step up fight against North Korea’s cyber activities

THE US, Japan and South Korea pledged to intensify efforts to block North Korea’s use of overseas information technology (IT) workers to raise money for its weapons programs, warning that Pyongyang’s operatives are using increasingly sophisticated tactics to evade detection.

1 min  |

August 29, 2025

Business World Philippines

No team for Westbrook

Russell Westbrook remains without a team as the National Basketball Association (NBA) calendar edges closer to training camp.

2 min  |

August 29, 2025

Business World Philippines

Ajinomoto factory to rise in Tarlac ecozone

AJINOMOTO Philippines Corp. (APC) is constructing an over P9-billion factory in Tarlac City that will produce flavored seasoning, sauces, and breading mixes.

1 min  |

August 29, 2025

Business World Philippines

Copper breaks four-session win streak on firmer dollar

Copper slipped on Wednesday, breaking four sessions of gains, weighed down by a stronger dollar, rising inventories and concern about demand in China, the top metals consumer.

1 min  |

August 29, 2025
Business World Philippines

Business World Philippines

Staying the course, steering the future

(This is a speech given by Mr. Bernardo before the Bankers Institute of the Philippines, Inc. or BAIPHIL, on Aug. 19 at the Dusit Thani Hotel, Makati City. The theme of the event was “Continuing Partnership to R.LS.E. in Banking — Resilience, Inclusivity. Sustainability, Engagement.” It has been edited for length and clarity.)

5 min  |

August 29, 2025

Business World Philippines

Gold steadies with inflation data in focus

GOLD was little changed on Wednesday as investors closely awaited upcoming _ inflation data for clues on interest rate cuts, while concerns about the US Federal Reserve’s independence lingered after US President Donald J. Trump tried to fire a Fed governor.

1 min  |

August 29, 2025
Business World Philippines

Business World Philippines

Coaching pioneer cited as field’s ‘Distinguished Leader’ in Asia

IN 1999, long before “coaching” became a corporate buzzword in the Philippines, Julius Ordofiez (second from left in photo) found himself standing in front of a room full of executives, trying to explain a concept no one quite understood yet.

2 min  |

August 29, 2025
Business World Philippines

Business World Philippines

DigiPlus pioneers 24/7 CX operational powerhouse

DIGIPLUS INTERACTIVE CORP., ‘the company behind the brands BingoPlus, ArenaPlus, and GameZone, continues to enhance its customer experience (CX) by offering round-the-clock player Support, setting a new standard in the industry.

1 min  |

August 29, 2025

Business World Philippines

Sta. Lucia Land chief honored with Global CEO Excellence Award

STA. LUCIA LAND Inc., (SLI) one of the Philippines’ most trusted and established property developers, proudly announces that its president and CEO, Exequiel Robles, has been recognized with the Global CEO Excellence Award by UK-based publication CEO Monthly.

1 min  |

August 29, 2025

Business World Philippines

Thoughts on the BSP art exhibit

Kultura. Kapital. Kasalukuyan is the title of the Contemporary art collection of the Bangko Sentral ng Pilipinas (BSP) that is on exhibit at the National Museum of Fine Arts until 2027.

3 min  |

August 29, 2025

Business World Philippines

More Cebu Pacific domestic flights moving to Clark; Naga, San Jose up first

BUDGET CARRIER Cebu Pacific will transfer more of its domestic flights to Clark International Airport in October, starting with its Naga (Camarines Sur) and San Jose (Mindoro) routes.

1 min  |

August 29, 2025

Business World Philippines

TC announces safeguard measures probe on corrugating medium imports

THE Tariff Commission (TC) said it will investigate imports of corrugating medium paper in preparation for the possible imposition of definitive safeguard measures.

1 min  |

August 29, 2025
Business World Philippines

Business World Philippines

Architect Pam de Guzman builds her own future with SMDC

ARCHITECT PAM de Guzman is shaping her own legacy in the very communities she helps create.

1 min  |

August 29, 2025

Business World Philippines

Lionel Messi’s brace and assist send Inter Miami to Leagues Cup final

LIONEL MESSI erupted for two goals and an assist inside the final 15 minutes, leading Inter Miami to a 3-1 victory over 10-man Orlando City in a Leagues Cup semifinal on Wednesday in Fort Lauderdale, Florida.

1 min  |

August 29, 2025
Business World Philippines

Business World Philippines

Nominations now open for 2025 CFO of the Year Award

NOW IN ITS 19\" year of celebrating excellence in financial leadership, the ING-FINEX CFO of the Year Award is officially open for nominations.

1 min  |

August 29, 2025

Business World Philippines

China aims to triple AI chip output, reducing Nvidia’s dependency

CHINAS chipmakers are seeking to triple the country’s output of artificial intelligence (AI) chips in 2026, rushing to reduce dependence on Nvidia, the Financial Times (FT) reported on Wednesday.

1 min  |

August 29, 2025