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Business World Philippines

Business World Philippines

Aboitiz InfraCapital joins 2025 Innovators Summit in Iloilo City

WITH A POWERFUL upswing in innovation and partnerships, Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, recently joined changemakers and development leaders at the 2025 Innovators Summit in Iloilo City last July 31 to reaffirm its commitment to building smart, inclusive infrastructure that transforms communities and strengthens resilience.

1 min  |

August 25, 2025

Business World Philippines

Will President Marcos light his own 'Blazing Furnace?'

In April 2024, a Vietnamese court handed down a death sentence to businesswoman Truong My Lan in what became the country's — and possibly Southeast Asia's — largest-ever financial fraud case.

3 min  |

August 25, 2025
Business World Philippines

Business World Philippines

Utah Valley University seals educational alliance with Benilde

AIMED at promoting educational development and cultural exchange, Utah Valley University (UVU) established a strategic partnership with the De La Salle-College of Saint Benilde (DLS-CSB), which was recently forged by the signing of a Memorandum of Understanding (MoU) between the two schools at Vatel Restaurant Manila.

1 min  |

August 25, 2025

Business World Philippines

'It saved my life': Some people turn to artificial intelligence for therapy

PIERRE COTE spent years languishing on public health waitlists trying to find a therapist to help him overcome his PTSD and depression.

5 min  |

August 25, 2025

Business World Philippines

Marcos slams P260-M rock-shed project in Benguet, calls it ‘useless’

PRESIDENT Ferdinand R. Marcos, Jr. on Sunday flagged a P260-million rock-shed project in Tuba, Benguet, calling it “useless” and suggesting it might be a case of economic sabotage due to substandard construction.

2 min  |

August 25, 2025

Business World Philippines

Oil prices record weekly gains as Ukraine peace process stalls

Oil prices steadied on Friday amid uncertainty surrounding a potential peace deal between Russia and Ukraine, with prices gaining on the week for the first time in three weeks.

1 min  |

August 25, 2025

Business World Philippines

US to take 10% equity stake in Intel in Trump’s latest corporate move

President Donald J. Trump said on Friday the US would take a 10% stake in Intel under a deal with the struggling chip-maker that converts government grants into an equity share, the latest extraordinary intervention by the White House in corporate America.

2 min  |

August 25, 2025

Business World Philippines

Stocks inch up on bargain hunting, rating action

PHILIPPINE STOCKS inched higher on Friday after the country’s investment-grade rating was affirmed and on bargain hunting.

2 min  |

August 25, 2025
Business World Philippines

Business World Philippines

Pentagon working on plans for military deployment in Chicago

The Pentagon is working on plans to deploy the US military to Chicago as President Donald J. Trump says he is cracking down on crime, homelessness and undocumented immigration, the Washington Post reported on Saturday.

1 min  |

August 25, 2025

Business World Philippines

AirAsia rewards, RCBC turns daily spend into premium travel perks

AIRASIA REWARDS, the loyalty and rewards program of AirAsia’s parent company Capital A, in partnership with Rizal Commercial Banking Corp. (RCBC), introduced the AirAsia Platinum Credit Card.

1 min  |

August 25, 2025

Business World Philippines

Nestor Cortes shuts down LA Dodgers, Padres move into first

NESTOR CORTES allowed just one hit over six shutout innings on Saturday night and Ramon Laureano knocked in two runs to lift the San Diego Padres to a 5-1 win over the visiting Los Angeles (LA) Dodgers to move back into first place in the National League West.

1 min  |

August 25, 2025

Business World Philippines

P8.6-B SMC shares not part of Marcos estate, CTA rules

THE Court of Tax Appeals (CTA) ordered the Bureau of Internal Revenue (BIR) to stop enforcing a 1991 Marcos estate tax assessment against P8.6 billion worth of San Miguel Corp. (SMC) shares registered under the late tycoon Eduardo M. Cojuangco, Jr.

2 min  |

August 25, 2025
Business World Philippines

Business World Philippines

Chua bows to Gorst in semis; Yapp wins US Open

FILIPINO pool ace Johann Chua’s US Open title bid reached the end of the road.

1 min  |

August 25, 2025

Business World Philippines

Soda firm Coca-Cola exploring sale of Costa Coffee

US soft drinks company Coca-Cola is working with investment bank Lazard to review options, including a potential sale, of British coffee chain Costa, which it acquired in 2018 for over $5 billion, Sky News reported on Saturday.

1 min  |

August 25, 2025

Business World Philippines

US tariffs behind arabica price surge, Brazilian exporters say

The global arabica coffee market has surged in August with prices gaining more than 30% on the ICE exchange, driven mainly by steep tariff hikes from the US, the head of Brazil's coffee exporters council, Cecafe, said.

1 min  |

August 25, 2025
Business World Philippines

Business World Philippines

MPTC seeks TRB approval for NLEX expansion

METRO PACIFIC TOLLWAYS CORP. (MPTC) has submitted to the Toll Regulatory Board (TRB) its proposal to expand the North Luzon Expressway (NLEX), as part of its plan to implement a barrierless toll collection system across its expressways by 2027.

2 min  |

August 25, 2025

Business World Philippines

BSP securities fetch lower rates even as both tenors go undersubscribed

YIELDS on the central bank’s short-term securities dropped on Friday even as both tenors went undersubscribed despite the lower volume offered.

1 min  |

August 25, 2025

Business World Philippines

A just energy transition powering a more energy independent Philippines

IN BRIEF: Philippine organizations are con- tinuously advancing towards transi- tioning to more renewable energy sources while also considering fairness to its end-users. Businesses have implemented vari- ous strategies and innovations in transi- tioning to more just energy operations.

5 min  |

August 25, 2025

Business World Philippines

Communications Executive Joe Zaldarriaga Advocates for Media Literacy to Counter Misinformation

Seasoned communications executive Joe R. Zaldarriaga has underscored the vital role of media literacy in today's information landscape as he addressed foreign service officers of the Department of Foreign Affairs (DFA) on August 20, 2025.

1 min  |

August 25, 2025

Business World Philippines

VinFast VF 7 targets 'young, eco-conscious drivers'

ELECTRIC VEHICLES are said to be reshaping car culture as automakers embrace the “fashionization” of design. In a release, VinFast Philippines asserted that for younger, eco-conscious drivers, cars like the VF 7 are becoming expressions of personal style.

1 min  |

August 25, 2025

Business World Philippines

PSA approval process eyed for streamlining

THE Energy Regulatory Commission (ERC) is proposing to amend the rules governing the power supply agreements (PSA) of distribution utilities and power suppliers to streamline the approval process to shore up investor confidence.

1 min  |

August 25, 2025

Business World Philippines

Sta. Lucia Q2 profit down 47% on weaker real estate sales

LISTED property developer Sta. Lucia Land, Inc. posted a 47% decline in its second-quarter (Q2) attributable net income to P552.17 million from P1.04 billion in the same period last year as weaker demand led to lower real estate sales.

1 min  |

August 25, 2025

Business World Philippines

Suzuki opens reservations for all-new Suzuki Fronx

THE MUCH-ANTICIPATED all-new ‘Suzuki Fronx is almost here, and you can be one of the very first to drive it home.

1 min  |

August 25, 2025
Business World Philippines

Business World Philippines

Developing nations must continue to demand climate finance in defiance of the COP29 outcome

In November 2024, the annual climate conference in Baku ended with a railroaded climate finance deal that has been widely condemned as inadequate and unjust.

2 min  |

August 25, 2025

Business World Philippines

Looking for commute-friendly makeup? Try I’mma Beauty and Vice Co.

A FEW MONTHS AGO, I transitioned into the corporate world, where showing up at the office means braving the morning and afternoon commute. With the implicit expectation to always look put together, long-wearing makeup becomes essential for those who want to be presentable without the constant need for touch ups.

3 min  |

August 25, 2025

Business World Philippines

Brazil’s FRIGON sees PHL demand for beef growing with middle classes

A BRAZILIAN beef processor and exporter said the Philippines’ growing middle class will fuel demand for high-quality protein.

1 min  |

August 25, 2025

Business World Philippines

2026 Puregold CinePanalo offers biggest grants ever for films

THIS YEAR’S PUREGOLD CinePanalo is offering hefty production grants — the largest ever in Philippine film festival history: P5 million to seven full-length film directors and P200,000 to 20 student filmmakers

1 min  |

August 25, 2025
Business World Philippines

Business World Philippines

ACTAI Summit spotlights artificial intelligence, technology and innovation in Palawan

THE ACTAI Asia Pacific Summit recently concluded at Pangulasian Island in El Nido, Palawan, bringing together venture capitalists, tech entrepreneurs, and conservationists to discuss purpose-driven innovation and environmental sustainability.

2 min  |

August 25, 2025

Business World Philippines

MIC, Saudi energy firm in off-grid RE collaboration

THE Maharlika Investment Corp. (MIC) said it signed an agreement with Saudi Arabian energy company ACWA Power to develop renewable energy (RE) projects for off-grid locations in the Philippines.

1 min  |

August 25, 2025
Business World Philippines

Business World Philippines

MDH strengthens cancer support group, partners with Argao Psych

MANILA DOCTORS HOSPITAL'S (MDH) cancer support program, BRAVE, just got more holistic with the recently inked partnership last July 24 with Argao Psych, the largest private outpatient mental health center in Central Luzon.

1 min  |

August 25, 2025