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Business World Philippines

Las Vegas to host 2026 FIFA World Cup draw

LAS VEGAS is set to host the 2026 FIFA World Cup draw, according to an ESPN report on Tuesday.

1 min  |

July 31, 2025

Business World Philippines

Boeing's quarterly loss shrinks with rebound in jet deliveries

BOEING'S quarterly loss more than halved and was much smaller than analysts expected as the US planemaker ramped up jet deliveries, recovering from a regulatory crisis and a major strike that halted most production last year.

3 min  |

July 31, 2025

Business World Philippines

More office space coming; condo launches slow

OFFICE VACANCY levels in Metro Manila may rise with the completion of new projects from this year through 2030, according to property services firm JLL Philippines.

3 min  |

July 31, 2025

Business World Philippines

SC should have called for hearings on impeachment case, says retired justice

A RETIRED Supreme Court (SC) magistrate on Wednesday said the tribunal should have held hearings on a lawsuit seeking to throw out the impeachment case against Vice-President Sara Duterte-Carpio before ruling in favor of the plaintiffs.

2 min  |

July 31, 2025

Business World Philippines

PXP Energy Q2 net loss widens to P13.37 million

PXP ENERGY CORP. saw a wider attributable net loss of P13.37 million for the second quarter of 2025, compared with P6.55 million in the same period last year, amid lower revenues and higher expenses.

1 min  |

July 31, 2025

Business World Philippines

Tsunami waves reach Hawaii after big quake rattles Russia’s Far East

A POWERFUL magnitude 8.8 earthquake off Russia’s Far Eastern Kamchatka Peninsula triggered tsunami waves of up to 5 meters (16 feet) nearby and sparked evacuation orders as far away as Hawaii and across the Pacific on Wednesday.

3 min  |

July 31, 2025

Business World Philippines

A fighting chance for other adequate records

TAXWISE OR OTHERWISE PAOLO JOHN DANTES

4 min  |

July 31, 2025

Business World Philippines

Philippines’ Defense chief asks Congress to tweak military modernization plan

PHILIPPINE DEFENSE Secretary Gilberto C. Teodoro, Jr. on Wednesday urged Congress to amend the military’s modernization program, hinting at the need for greater agility as equipment becomes outdated more quickly in modern warfare.

1 min  |

July 31, 2025

Business World Philippines

Government ready to take over power generation in Siquijor

THE GOVERNMENT signaled its readiness to take over Siquijor Island Power Corp. (Sipcor), the province’s sole power generator, if Sipcor proves unable to deliver continuous power, energy officials said.

1 min  |

July 31, 2025
Business World Philippines

Business World Philippines

Will Smith drives home game winner as Los Angeles Dodgers rally past host Cincinnati Reds, 5-4

WILL SMITH doubled home James Outman with the go-ahead run with two outs in the ninth and finished with 2-for-5 with two RBIs to rally the Los Angeles Dodgers past the host Cincinnati Reds, 5-4 on Tuesday.

1 min  |

July 31, 2025

Business World Philippines

Employers point to digitalization as most worrisome force affecting PHL economy

THE Employers Confederation of the Philippines (ECOP) said the government must confront the challenges posed by the digital transition, among other rapidly evolving factors altering the economy.

2 min  |

July 31, 2025

Business World Philippines

The art of a US deal

It seems unlikely that the Philippines will secure a significantly better trade deal from the United States between now and 2028.

3 min  |

July 31, 2025

Business World Philippines

ArteFino does food with pop-up resto

AHEAD of the ArteFino Fair opening on July 31, the artisanal trade fair cooked up something else (literally), the ArteFino Lounge.

2 min  |

July 31, 2025

Business World Philippines

17 power projects endorsed for grid impact study

THE Department of Energy (DoE) endorsed 17 power projects to the National Grid Corp. of the Philippines (NGCP) in June to undergo a system impact study (SIS).

1 min  |

July 31, 2025

Business World Philippines

Culinary veteran Glenda Barretto wins Lifetime Achievement Award

While slowing down, she is still working on canning her Via Mare goodies for the Middle East

3 min  |

July 31, 2025

Business World Philippines

Renault procurement chief Francois Provost is frontrunner for CEO job

Renault procurement chief Francois Provost has emerged as the frontrunner to become the French automaker's next chief executive officer (CEO), Bloomberg reported on Tuesday, citing people familiar with the matter.

1 min  |

July 31, 2025

Business World Philippines

Palo Alto Networks in talks to buy CyberArk in deal worth over $20 billion, WSJ reports

PALO ALTO Networks is in talks to acquire CyberArk Software in a deal that could value the Israeli cybersecurity firm at more than $20 billion, the Wall Street Journal (WSJ) reported on Tuesday, citing people familiar with the matter.

1 min  |

July 31, 2025

Business World Philippines

SC: Malampaya contractors’ income taxes part of government share

THE Supreme Court (SC) has ruled that the income taxes of private contractors in the Malampaya natural gas project are included in the government’s 60% share of the project’s net proceeds, effectively reversing a Commission on Audit (CoA) finding that flagged over P53 billion in alleged underpaid taxes.

2 min  |

July 31, 2025

Business World Philippines

Stocks extend slide before Fed, tariff deadline

PHILIPPINE SHARES on Wednesday extended their losing streak to a fifth straight session as investors stayed on the sidelines before the US Federal Reserve's policy decision overnight and the Trump administration’s Aug. 1 tariff deadline.

2 min  |

July 31, 2025
Business World Philippines

Business World Philippines

SMPC and UP establish first academe-based Failure Analysis Hub in the Philippines

Semirara Mining and Power Corporation (SMPC), through subsidiary SEM-Calaca Power Corporation (SCPC), together with the University of the Philippines (UP) and the UP Engineering Research and Development Foundation, Inc. (UPERDFI), has formally launched the country's first academe-based Failure Analysis (FA) Hub.

1 min  |

July 31, 2025

Business World Philippines

Trump's 'napkin' trade deals are a worry for SE Asia, analyst says

NATIONS and businesses need to remain prepared for challenging impacts from US tariffs after next month’s deadline for trade deals, as agreements struck so far are short on firm details or commitments, according to a key policy watcher.

2 min  |

July 31, 2025

Business World Philippines

Gold prices edge up on US-China talks

GOLD PRICES edged higher on Tuesday as investors awaited the outcome of US-China trade talks and the US Federal Reserve’s policy meeting.

1 min  |

July 31, 2025

Business World Philippines

Export dev’t seen outweighing favorable US tariff — Balisacan

THE Department of Economy, Planning, and Development (DEPDev) said any tariff concessions the Philippines may yet wrest from the US won’t matter much if its export industries remain underdeveloped.

3 min  |

July 31, 2025

Business World Philippines

DBM sees reenacted 2026 budget setting back PHL growth, upper middle-income aspirations

DEPARTMENT of Budget and Management (DBM) Secretary Amenah F. Pangandaman said a reenacted national budget for 2026 would hurt the economy and derail its transition toa higher income tier.

1 min  |

July 31, 2025

Business World Philippines

AI, blockchain, and cybersecurity: The triple shield for the Philippine financial system

As the Philippines accelerates on its journey toward a fully digital economy, the financial sector finds itself at the center of both opportunity and risk.

4 min  |

July 30, 2025

Business World Philippines

BSP: Rate cut still on table in Aug.

THE Bangko Sentral ng Pilipinas (BSP) could continue lowering interest rates at its meeting in August, its top official said.

2 min  |

July 30, 2025

Business World Philippines

Following the footsteps of Vietnam

People who help transform society and specific sectors of society are usually classified as thinkers (the theorists) and doers (the implementors).

5 min  |

July 30, 2025

Business World Philippines

AUB net income climbs 17% in first half

ASIA United Bank Corp. (AUB) and its subsidiaries booked a higher net income in the first semester on the back of a strong topline performance.

2 min  |

July 30, 2025

Business World Philippines

BTr fully awards 20-year bonds at higher rates before Fed meet

THE GOVERNMENT fully awarded the reissued 20-year Treasury bonds (T-bonds) it offered on Tuesday even as rates rose as market players awaited the US Federal Reserve's policy decision this week.

2 min  |

July 30, 2025

Business World Philippines

Zero tariffs on US goods to result in up to P6B in foregone revenues

THE PHILIPPINE GOVERNMENT is anticipating up to P6 billion in foregone revenues following its decision to grant zero tariffs on selected US products imported into the country.

3 min  |

July 30, 2025