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Business World Philippines

An attempt at a cynical romcom

WHILE it largely misses the mark in terms of execution, Materialists stands out because of the lightness with which it displays cynicism towards love in late-stage capitalism. It straddles the boundary between typical romantic comedy tropes and a yearning to tell a story of something more.

2 min  |

August 05, 2025

Business World Philippines

DA wants rice imports suspended

THE Department of Agriculture (DA) on Monday recommended to President Ferdinand R. Marcos, Jr. a suspension of rice imports and increased tariffs to protect local farmers amid declining farmgate prices.

4 min  |

August 05, 2025

Business World Philippines

Aboitiz group targets early 2027 for LIMA expansion

ABOITIZ CONSTRUCTION, Inc., the Aboitiz group’s construction arm, said it expects to complete the fourth phase of its LIMA Estate expansion in Batangas within 18 months.

1 min  |

August 05, 2025
Business World Philippines

Business World Philippines

New look NU Lady Bulldogs sweep SSL National Invitationals Davao Leg

NO Mhicaela “Bella” Belen, No Alyssa Solomon, no problem.

1 min  |

August 05, 2025

Business World Philippines

Beijing expands storm alert as floods keep city on edge

Beijing on Monday warned residents in all city districts to brace for a new round of heavy rainfall, telling them to avoid going out, a week after catastrophic floods killed dozens in the deadliest deluge to hit the Chinese capital since 2012.

2 min  |

August 05, 2025

Business World Philippines

SMPC Q2 earnings down 33% as coal, power prices ease

SEMIRARA MINING and Power Corp. (SMPC) saw its second-quarter (Q2) attributable net income decline by 33% to P4.1 billion as coal and electricity prices continued to normalize.

2 min  |

August 05, 2025

Business World Philippines

Retail group says tech shift won't end Filipinos’ love for malls

THE PHILIPPINE Retailers Association (PRA) said the rise of artificial intelligence (AI) in retail will not lead to the decline of brick-and-mortar stores, countering fears that smarter online shopping could drive Filipinos away from malls.

1 min  |

August 05, 2025

Business World Philippines

Latest Trump tariffs unlikely to budge, top negotiator says

THE TARIFFS US President Donald J. Trump imposed last week on scores of countries are likely to stay in place rather than be cut as part of continuing negotiations, Trade Representative Jamieson Greer said in comments aired on Sunday.

1 min  |

August 05, 2025

Business World Philippines

Big Beer plans sales push from Brazil to China with volumes in focus

From the beaches of Copacabana in Brazil to the neon bars of Shanghai, the world's largest brewer AB InBev needs to convince consumers to order more Budweiser beers and Coronas.

2 min  |

August 05, 2025

Business World Philippines

Coco fund law amendment seen boosting replanting

THE Department of Agriculture (DA) asked the 20\" Congress to amend the Coconut Farmers and Industry Trust Fund Act to refocus the law to support replantings.

2 min  |

August 05, 2025

Business World Philippines

How many steps do you really need in a day?

WALKING 10,000 steps a day has long been a fitness cliché. But new research suggests that the health benefits of walking ramp up until about 7,000 steps — before leveling out. And as daily goals go, that’s a little more attainable.

3 min  |

August 05, 2025

Business World Philippines

Measures driving investments urged as CPBRD estimates 5.5-5.7% GDP growth

PHILIPPINE lawmakers should craft policies that will stimulate private sector activity and bolster economic growth, a congressional think-tank said as it estimated full-year expansion to range between 5.52% and 5.74%.

1 min  |

August 05, 2025
Business World Philippines

Business World Philippines

Gilas Pilipinas clashes with souped-up Chinese-Taipei squad in FIBA Asia Cup in Jeddah, Saudi Arabia

FOR the Gilas Pilipinas mainstays, the stunning away loss to Chinese-Taipei in the FIBA Asia Cup (AC) Qualifiers back in February still stings.

1 min  |

August 05, 2025

Business World Philippines

Loni Anderson, who played smart against stereotype on WKRP in Cincinnati, 79

Actress Loni Anderson, who won acclaim for her US television sitcom role as the brainy, glamorous radio station receptionist defying workplace sexual stereotypes on WKRP in Cincinnati, died on Sunday at age 79, according to her publicist.

2 min  |

August 05, 2025

Business World Philippines

Business registrations dip after POGO ban

BUSINESS NAME registrations fell 8.9% year on year in July to 79,316, the Department of Trade and Industry (DTI) said, with analysts attributing the decline to the ban on Philippine Offshore Gaming Operators (POGOs).

1 min  |

August 05, 2025

Business World Philippines

Humans are...

These words are now unforgettable for the millions of Squid Game fans all over the world. Squid Game has become the highest-viewed K-drama on Netflix. I was never a K-drama fan until ‘Squid Game premiered in 2021. Twenty-two episodes and four years later, I now own a Player 045 tracksuit, a pink soldier costume, and toys from the series. I eventually saw myself on Korean National News the night after the series’ fan event at Seoul Plaza last June.

2 min  |

August 05, 2025

Business World Philippines

Japan’s Ishiba signals talks with Trump for early cut to US auto tariff

TOKYO — Japanese Prime Minister Shigeru Ishiba said on Monday he will not hesitate to hold talks with President Donald J. Trump to ensure an agreed cut to US automobile tariffs is implemented soon.

1 min  |

August 05, 2025

Business World Philippines

EDSA Rehab: Once more with feeling

When the long-awaited rehab of EDSA was announced, it was inevitable that it would encounter rough sailing. That somehow, objections and criticism would pop up to hinder its fruition.

4 min  |

August 05, 2025
Business World Philippines

Business World Philippines

Ayala Corp. recognized for governance at ASEAN CGCA 2025

LISTED conglomerate Ayala Corp. said it received recognition for its corporate governance at the 2025 ASEAN Corporate Governance Conference and Awards (ASEAN CGCA 2025).

1 min  |

August 05, 2025

Business World Philippines

Alternergy's 64-MW Alabat wind farm cleared for grid integration

ALABAT Wind Power Corp. (AWPC), a unit of Alternergy Holdings Corp., has secured the green light from the Energy Regulatory Commission (ERC) to inject electricity from its 64-megawatt (MW) Alabat wind project into the Luzon grid via a transmission facility.

1 min  |

August 05, 2025

Business World Philippines

Singapore's GIC to take 25% stake in Spanish broadband venture

SINGAPORE’S sovereign wealth fund GIC is set to take a 25% stake in a fiber optic broadband venture between MasOrange and Vodafone Spain, the Financial Times (FT) reported on Monday, citing people familiar with the matter.

1 min  |

August 05, 2025
Business World Philippines

Business World Philippines

SM Prime Q2 income climbs 10% to P12.8 billion on property gains

SM PRIME Holdings, Inc. said its second-quarter (Q2) net income rose by 10% to P12.8 billion, bringing first-half earnings to P24.5 billion, up 11% from a year earlier, on the back of higher rental income, real estate sales, and ancillary revenues.

2 min  |

August 05, 2025

Business World Philippines

Trump’s firing of BLS head sparks concerns over integrity of US data

Top White House economic advisers on Sunday defended President Donald J. Trump's firing of the head of the Bureau of Labor Statistics (BLS), pushing back against criticism that Mr, Trump’s action could undermine confidence in official US economic data.

3 min  |

August 05, 2025

Business World Philippines

SC partly rejects VAT claim in Coral Bay Nickel ecozone case

THE Supreme Court (SC) rejected the applicability of the cross-border doctrine in the case of a nickel miner registered with the Philippine Economic Zone Authority (PEZA) that had been claiming exemption from value-added tax (VAT).

1 min  |

August 05, 2025
Business World Philippines

Business World Philippines

Lindsay Lohan comes full circle with Freakier Friday

Lindsay Lohan says she drew upon her own experiences of motherhood for Freakier Friday, the highly anticipated sequel to her hit 2003 movie Freaky Friday.

2 min  |

August 05, 2025

Business World Philippines

Congressmen file bill to institutionalize freedom of information in gov't

PHILIPPINE lawmakers on Monday refiled a Freedom of Information (FOI) bill that would require government agencies to disclose monthly transactions and require top officials to release their annual statements of assets, liabilities and net worth (SALN).

2 min  |

August 05, 2025

Business World Philippines

ICTSI's Luzon terminal operational by 2028 — DoTr

THE LUZON International Container Terminal (LICT) of Razon-led International Container Terminal Services, Inc. (ICTSI) is expected to be operational by 2028, the Department of Transportation (DoTr) said, noting that it is poised to become the country's second-largest container terminal and help ease port congestion in Luzon.

1 min  |

August 05, 2025

Business World Philippines

DoT exploring ways to expand visitor traffic from India

TOURISM Secretary Ma. Esperanza Christina G. Frasco will meet with Indian counterparts to explore ways to increase two-way visitor traffic, according to a Facebook post by the Department of Tourism (DoT).

1 min  |

August 05, 2025

Business World Philippines

Shares get a lift in Asia as lower US rates are baked in

Share markets found some much needed support in Asia on Monday as the heightened prospect of lower borrowing costs helped soothe concerns about the US economy, though the long-term credibility of US policy remained in doubt.

2 min  |

August 05, 2025

Business World Philippines

Marcos heads to India to boost trade, investment and economic diversification

PRESIDENT Ferdinand R. Marcos, Jr. Left for India on Monday for astate visit aimed at strengthening economic ties with the world’s fourth-largest economy, as the Philippines looks to deepen partnerships beyond its traditional allies.

1 min  |

August 05, 2025