Newspaper
Business World Philippines
A second take on forgiveness; General Tax Amnesty 2.0
TAXWISE OR OTHERWISE BON YANNICKA M. CHUA
3 min |
August 14, 2025
Business World Philippines
Perplexity makes bold $34.5-billion bid for Google Chrome browser
PERPLEXITY AI made a $34.5-billion unsolicited all-cash offer for Alphabet’s Chrome browser on Tuesday, a bid far above its own valuation as the startup reaches for the browser’s billions of users pivotal to the artificial intelligence (AD) search race.
2 min |
August 14, 2025
Business World Philippines
More than 1 in 3 disagree with SC’s move to junk VP’s impeachment
MORE than one in 3 Filipinos disagreed with the Supreme Court’s (SC) decision declaring the impeachment case of Vice-President (VP) Sara Duterte-Carpio as unconstitutional, according to the latest poll by WR Numero Research.
2 min |
August 14, 2025
Business World Philippines
Prime Infra Laguna pumped storage hydro project on track for completion by 2030
PRIME INFRASTRUCTURE Capital, Inc. said it is on track to finish its 1,400-megawatt (MW) pumped storage hydroelectric power project in Pakil, Laguna within the next five years.
1 min |
August 14, 2025
Business World Philippines
Singapore Embassy celebrates 60th National Day
THE SINGAPOREAN EMBASSY in Manila held a National Day Reception at Shangri-La The Fort in Bonifacio Global City last Aug. 6 to celebrate the 60th anniversary of the founding of the Republic of Singapore.
1 min |
August 14, 2025
Business World Philippines
Shawarma Shack kickstarts global expansion with SG entry
SHAWARMA chain Shawarma Shack is looking to expand its international presence, with its first overseas outpost opening in Singapore.
1 min |
August 14, 2025
Business World Philippines
Philippines to host the Siargao International 6000 Surfing Cup
THE excitement and charm of Philippine surfing will take centerstage with the holding of the Siargao International 6000 Surfing Cup from Oct. 23 to 31 in beautiful Siargao.
1 min |
August 14, 2025
Business World Philippines
Aug. power bills to reflect higher transmission rates
HIGHER TRANSMISSION charges for July will be reflected in power bills for August, after the National Grid Corp. of the Philippines (NGCP) moved to collect its maximum allowable revenue (MAR).
1 min |
August 14, 2025
Business World Philippines
Ayala Q2 profit rises 17% to P10.8B on banking, property
AYALA CORP. reported a 17% increase in second-quarter (Q2) attributable net income to P10.76 billion from P9.21 billion a year ago, supported by higher contributions from its banking and real estate businesses
2 min |
August 14, 2025
Business World Philippines
NFA starts selling P20 rice to farmers
THE National Food Authority (NFA) has started selling P20-per-kilogram rice to rice farmers and farm workers, according to the Department of Agriculture (DA).
1 min |
August 14, 2025
Business World Philippines
The Nuclear Option
About two years ago, I read the Philippine Nuclear Research Institute's opinion that the country's power mix should include nuclear energy. The emphasis was on using small modular reactor (SMR) facilities, particularly for island provinces, to complement renewable energy.
4 min |
August 14, 2025
Business World Philippines
RCBC books higher income in 2™ quarter
RIZAL COMMERCIAL Banking Corp. (RCBC) saw its net income jump 29.89% year on year to P2.92 billion in the second quarter from P2.25 billion on the back of higher net interest earnings.
1 min |
August 14, 2025
Business World Philippines
Globalization can survive the US trade war
AS US President Donald Trump’s sweeping trade levies take effect and raise his country’s average duties to the highest since World War II, it’s easy to imagine globalization is in reverse and that a new era of protectionism, fragmentation, and reshoring has begun. Some of the gloom may be overdone.
4 min |
August 14, 2025
Business World Philippines
South Korea’s former first lady arrested on corruption charges
South Korea's former first lady Kim Keon Hee will spend her first day in jail on Wednesday in a cell much like the one her husband and ex-President Yoon Suk Yeol occupies as prosecutors pursue the once high-flying couple in a widening criminal probe.
2 min |
August 14, 2025
Business World Philippines
Fujifilm rides on analog nostalgia as it launches print products line
FUJIFILM Philippines has launched a consolidated line of print products, looking to ride on the resurgence of analog photography and physical media among younger generations.
2 min |
August 14, 2025
Business World Philippines
Australia’s CBA posts record $6.7-billion full-year profit amid business lending push
COMMONWEALTH Bank of Australia (CBA) reported its best full-year cash earnings of A$10.25 billion ($6.69 billion) and a record dividend payout on Wednesday as the bank made a major push to gain business lending market share from its rivals.
1 min |
August 14, 2025
Business World Philippines
Buy now, pay later delinquency rates ‘higher’ than other credit types — CIBI
BORROWINGS via buy now, pay later (BNPL) products have higher delinquency rates compared to other credit types, but loan volumes remain low even as the segment has continued to grow as these bookings are mostly made up of small amounts.
1 min |
August 14, 2025
Business World Philippines
Chinese fighter ‘intercepts’ Philippine plane over disputed shoal, Manila says
A Chinese jet fighter “intercepted” a Philippine aircraft carrying journalists during a patrol flight over the Scarborough Shoal on Wednesday, the Manila government said, days after two Chinese vessels collided in the area while allegedly trying to block a Philippine supply mission.
2 min |
August 14, 2025
Business World Philippines
Cebu Landmasters to launch P29-B projects in second half
LISTED Cebu Landmasters, Inc. (CLI) said it will launch 12 projects worth P29 billion in the second half of the year.
1 min |
August 14, 2025
Business World Philippines
Opportunity is everywhere: How to think like an entrepreneur
Some entrepreneurs are made, the product of hard work and grit.
4 min |
August 14, 2025
Business World Philippines
Bloomberry posts P1.4-B net loss on softer gaming revenue
RAZON-LED integrated resort developer and operator Bloomberry Resorts Corp. reported a net loss of P1.4 billion for the second quarter (Q2), reversing a P1.3-billion net profit a year earlier.
1 min |
August 14, 2025
Business World Philippines
Term deposit yields slip on bets of more BSP cuts
YIELDS on term deposits went down on Wednesday on expectations of further policy easing by the Bangko Sentral ng Pilipinas (BSP) amid benign inflation.
2 min |
August 14, 2025
Business World Philippines
San Miguel Global Power rejects validity of ERC show-cause order
SAN MIGUEL Global Power Holdings Corp. (SMGP) said the show-cause order issued by the Energy Regulatory Commission (ERC) over the Ilijan gas power plant's alleged anti-competitive practices is \"outdated and without basis.
1 min |
August 14, 2025
Business World Philippines
From screen to stomach: Food content creator opens restaurant
MARTIN NARISMA, best known for his work as food editor with The Fat Kid Inside Studio’s Featr channel, opened a restaurant earlier this year. If you find yourself trying to reach in through the screen to taste what he makes on YouTube and Instagram, his Quezon City restaurant — Gacha by High Table — gives you a chance.
4 min |
August 14, 2025
Business World Philippines
DFA: 69 Filipinos in US ICE custody
THE DEPARTMENT of Foreign Affairs (DFA) on Wednesday said that about 69 Filipino migrants are in the custody of the US Immigration and Customs Enforcement (ICE) amid the American government's immigration crackdown.
2 min |
August 14, 2025
Business World Philippines
China’s military says it ‘drove away’ US destroyer near Scarborough Shoal
China’s military said on Wednesday it monitored and “drove away” a US destroyer that sailed near the disputed Scarborough Shoal in the busy waterway of the South China Sea, while the US Navy said its action was in line with international law.
1 min |
August 14, 2025
Business World Philippines
Air passenger traffic grows 9.25% in 1st half
AIR PASSENGER traffic rose 9.25% year on year in the first half, as domestic travel grew 10.21%, according to the Civil Aeronautics Board (CAB).
1 min |
August 14, 2025
Business World Philippines
Copper hits 2-week high on US-China trade truce
Copper prices rose on Tuesday to their highest level in over two weeks as relief dominated the mood after the extension of the US-China tariff truce with optimism buoyed by a lower dollar following the release of US inflation data.
1 min |
August 14, 2025
Business World Philippines
CSC taps Chinese partner to build P1.36-billion facility in Mariveles
CONCRETE STONE Corp. (CSC) said it tied up with a Chinese construction solutions provider to develop a P1.36-billion manufacturing facility in Mariveles, Bataan, which will serve both domestic and regional markets.
1 min |
August 14, 2025
Business World Philippines
S&P 500, Nasdaq post record closing highs on moderate inflation rate
The S&P 500 and the Nasdaq scored record closing highs on Tuesday, as news that July inflation rose broadly in line with expectations bolstered bets on a US Federal Reserve interest rate cut next month.
2 min |