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Business World Philippines
Rice-importing powers pushed for FTI, Planters
THE Department of Agriculture (DA) proposed to legislators that Food Terminal, Inc. (FTI) and Planters Products, Inc. be granted the power to import rice on behalf of the government.
1 min |
August 27, 2025
Business World Philippines
PPP being considered for LRT-2 West extension line
THE Department of Transportation (DoTr) said it is planning to tap the private sector for the Light Rail Transit Line 2 (LRT-2) West expansion project.
1 min |
August 27, 2025
Business World Philippines
From Philippines to Mexico, US Open 2nd round reflects game's global spread
Players from the Philippines and Hong Kong will be on the schedule for the second round of a Grand Slam for the first time this week, as the US Open sees the impact of an increasingly global game.
2 min |
August 27, 2025
Business World Philippines
Marcos vows tighter restrictions on online gambling
PHILIPPINE President Ferdinand R. Marcos, Jr. on Tuesday vowed to tighten online gambling rules, saying the fast-growing industry exploits consumer vulnerabilities and threatens the stability of the country’s financial system.
1 min |
August 27, 2025
Business World Philippines
Brief La Niña could bring more typhoons by September
A POTENTIAL La Niña could start influencing weather patterns as early as September, mainly in the form of more typhoons, the government weather service, known as PAGASA (Philippine Atmospheric, Geophysical and Astronomical Services Administration), said.
1 min |
August 27, 2025
Business World Philippines
Philippines warns China of ‘red line’ if BRP Sierra Madre is towed from shoal
CHINA would be crossing a “red line” if it tries to towa grounded Philippine warship from a disputed shoal in the South China Sea, a Philippine Navy spokesman said on Tuesday, stressing that contingency plans are in place after a Chinese navy tugboat ‘was spotted in the contested waters.
3 min |
August 27, 2025
Business World Philippines
Aramco acquisition of 25% stake in Unioil cleared by competition regulator
THE Philippine Competition Commission (PCC) said it cleared the proposed acquisition by Aramco Asia Singapore Pte. Ltd. of a 25% stake in Unioil Petroleum Philippines, Inc. and Unioil Energy Pte. Ltd.
1 min |
August 27, 2025
Business World Philippines
PHL digitalization deepens, but rules for AI in education lacking
THE DIGITALIZATION of Philippine industries is deepening, with adopters starting to harness its full potential in response to regulation supporting more access to services, industry representatives said.
2 min |
August 27, 2025
Business World Philippines
Tracing the widening arc from work permits to world wanderers: Key updates in Philippine immigration law
As work is no longer tethered to place, the law is compelled to keep pace.
4 min |
August 27, 2025
Business World Philippines
Why can’t Britain and the US build? China has an answer
IT’S LONG BEEN obvious that something has gone askew with Britain’s ability to build.
5 min |
August 27, 2025
Business World Philippines
SMIC signals wider renewable energy push
SM INVESTMENTS CORP. (SMIC) is expanding its renewable energy portfolio through new geothermal projects and potential ventures in wind energy, its top official said on Tuesday.
1 min |
August 27, 2025
Business World Philippines
With McDaniel hat trick, Stallion Laguna blasts Mongolia team at AFC women’s championship
WITH skipper Chandler McDaniel as spearhead, Stallion Laguna FC walloped Mongolia’s Khovd Western FC, 6-1, at the start of the AFC Women’s Champions League on Monday night in Myanmar.
1 min |
August 27, 2025
Business World Philippines
Wall St. stocks slide as investors focus on Nvidia
WALL STREET STOCKS ended lower on Monday as investors parsed the outlook for US interest rates and looked ahead to artificial intelligence (AI) chipmaker Nvidia’s quarterly earnings this week while digesting a rally on Friday that lifted the Dow Jones Industrial Average to a record high close.
1 min |
August 27, 2025
Business World Philippines
Pros and cons of minimum wage legislation
(Part 1)
4 min |
August 27, 2025
Business World Philippines
Business chambers welcome Konektadong Pinoy enactment
BUSINESS CHAMBERS said on Tuesday that the Konektadong Pinoy Act will improve the economy’s competitiveness and hasten the Philippines’ digital transition.
1 min |
August 27, 2025
Business World Philippines
PHL startups Enstack, Netbank, Xpress cited in Forbes Asia's 100 to Watch list
THREE PHILIPPINE STARTUPS were cited in the 2025 edition of Forbes Asia’s 100 to Watch list, which features rising small companies across the Asia-Pacific region.
2 min |
August 27, 2025
Business World Philippines
Hong Kong IPA touts low taxes, market access to PHL investors
HONG KONG is touting its favorable tax regime and market access to attract investment from Philippine conglomerates, technology companies, and high net worth individuals.
2 min |
August 27, 2025
Business World Philippines
PHirst Park Homes enters Mindanao with P5.3-B GenSan township project
PHIRST PARK HOMES, the affordable housing brand of Century Properties Group, Inc. (CPG), is set to enter Mindanao with a P5.3-billion township project in General Santos (GenSan) City.
1 min |
August 27, 2025
Business World Philippines
Yankees blast 3 homers, overwhelm Nationals
BEN RICE, Jazz Chisholm Jr. and Jasson Dominguez each homered on Monday night while Cam Schlittler fired six scoreless innings as the New York Yankees defeated the visiting Washington Nationals 10-5.
1 min |
August 27, 2025
Business World Philippines
Gov’t fully awards T-bill offer at lower yields before BSP review
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Tuesday as yields dropped across the board, driven by strong demand on expectations that the Bangko Sentral ng Pilipinas (BSP) will cut key rates this week.
2 min |
August 27, 2025
Business World Philippines
Marcos relieves Torre, appoints Nartatez as PNP chief
PRESIDENT Ferdinand R. Marcos, Jr. relieved General Nicolas D. Torre III of his post as Philippine National Police (PNP) chief, just nearly three months since he was appointed, the Palace confirmed on Tuesday.
2 min |
August 27, 2025
Business World Philippines
Trump attacks on Fed threaten central banks’ independence
US PRESIDENT Donald J. Trump’s continued attacks on US Federal Reserve Chair Jerome H. Powell pose a threat to global central banks’ independence, the Bangko Sentral ng Pilipinas (BSP) chief said.
1 min |
August 27, 2025
Business World Philippines
MPower forges RE deal with The Peninsula Manila
MPOWER, the retail electricity arm of Manila Electric Co. (Meralco), has signed a new supply deal to provide renewable energy (RE) to The Peninsula Manila, a five-star hotel in Makati City.
1 min |
August 27, 2025
Business World Philippines
Truth under siege: The national security threat we can’t ignore
Technology is neutral. It is neither good nor bad — it simply amplifies intent. It is a double-edged sword: it can make life better and more efficient, but it also creates serious risks that harm individuals, societies, nations — even the global order.
3 min |
August 27, 2025
Business World Philippines
FNI shares plunge after Sy's arrest; company says contingency ready
SHARES of Global Ferronickel Holdings, Inc. (FNI) fell on Tuesday as investors reacted to the arrest of the mining company’s chairman, Joseph C. Sy, over allegations that he misrepresented his citizenship.
2 min |
August 27, 2025
Business World Philippines
$120 urchin rice bowl? Food prices soar amid warming seas in Japan
As Japan faces its hottest summer in history, a sharp decline in the catch of sea urchin in the country’s north has made the spiny delicacy further out of reach for many consumers already strained by high food costs.
3 min |
August 27, 2025
Business World Philippines
Trump fires Fed governor Cook over improprieties in getting mortgage loans
US President Donald J. Trump ‘on Monday said he was firing US Federal Reserve Governor Lisa Cook over alleged improprieties in obtaining mortgage loans, an unprecedented step that could test the boundaries of presidential power over the independent monetary policy body should it be challenged in court.
2 min |
August 27, 2025
Business World Philippines
Oil prices rise as Russia-Ukraine war threatens to disrupt supply
Oil prices climbed around 2% on Monday, continuing last week’s gains, as traders anticipated more US sanctions on Russian oil and Ukrainian attacks on Russian energy infrastructure that could disrupt supplies.
1 min |
August 27, 2025
Business World Philippines
Foreign telcos, including Starlink, eye role in drafting Konektadong Pinoy IRR — DICT
SOME FOREIGN PLAYERS have also signified their interest in helping craft the implementing rules and regulations (IRR) of the Konektadong Pinoy Act, the Department of Information and Communications Technology (DICT) said.
1 min |
August 27, 2025
Business World Philippines
Ambitious Eala is ready to defy the odds anew against Bucsa
WIN OR LOSE, Alexandra “Alex” Eala is already guaranteed to bring home a $154,000 or approximately P8.7-million cash prize.
2 min |