Newspaper
Business World Philippines
China ready to resume exchanges, cooperate with Canada
China is willing to resume exchanges with Canada and cooperate in various fields, its foreign minister said to his Canadian counterpart without specifying the sectors, the official Xinhua news agency reported on Tuesday.
1 min |
November 12, 2025
Business World Philippines
Third-party vetting proposed to deter public-works bid rigging
THE GOVERNMENT needs to consider the involvement of a third party to vet public infrastructure auctions, the Makati Business Club (MBC) said.
2 min |
November 12, 2025
Business World Philippines
PAGCOR gross gaming revenue stalls after e-wallet delinking order
GROSS gaming revenue (GGR) declined 0.11% to P94.51 billion in the third quarter, after electronic wallets were ordered delinked from online gaming sites, the Philippine Amusement and Gaming Corp. (PAGCOR) said.
1 min |
November 12, 2025
Business World Philippines
PHL to comply should ICC issue warrant vs Sen. Dela Rosa, DoJ says
THE Philippine government could expedite or surrender Senator Ronald “Bato” M. dela Rosa to the Interpol if the International Criminal Court (ICC) formally issues an arrest warrant over the Duterte administration’s bloody drug war, the Justice department said on Tuesday.
2 min |
November 12, 2025
Business World Philippines
MLB, sportsbooks limit pitch-specific bets after players charged in bet-rigging scheme
MAJOR LEAGUE BASEBALL (MLB) and its sportsbook partners moved to limit pitch-level wagering on Monday, a day after two players for the Cleveland Guardians were charged in a scheme to rig bets on pitches during games.
2 min |
November 12, 2025
Business World Philippines
Tech investor SoftBank Group’s OpenAI wager in focus as analysts raise share price target
Technology investor SoftBank Group reports second-quarter earnings results on Tuesday in the midst of feverish investment in artificial intelligence (AI) that has sent its share price soaring.
2 min |
November 12, 2025
Business World Philippines
Marcos extends devolution transition for LGUs by 2 years
PRESIDENT Ferdinand R. Marcos, Jr. has signed Executive Order (EO) No. 103, extending by two years the deadline for the full transfer of certain executive branch functions to local government units (LGUs), citing the need to give them more time to strengthen their financial and administrative capacity.
1 min |
November 12, 2025
Business World Philippines
Warren Buffett ‘going quiet’ but backs CEO-designate Greg Abel, plans to keep Berkshire Hathaway shares
WARREN BUFFETT on Monday assured Berkshire Hathaway shareholders they should stick around as he prepares to depart as chief executive officer (CEO), giving a full-throated endorsement to his successor Greg Abel and promising to remain a major shareholder.
2 min |
November 12, 2025
Business World Philippines
Bulldogs gun for twice-to-beat edge against tough Tamaraws
AFTER clinching the first Final Four spot, National University (NU) marches on in a bid to secure at least a playoff for one of the two bonuses against Far Eastern University (FEU) in the UAAP Season 88 men’s basketball on Wednesday at the Mall of Asia Arena.
1 min |
November 12, 2025
Business World Philippines
US Senate passes bill to end gov’t shutdown, sends to House
The US Senate on Monday approved a compromise that would end the longest government shutdown in US history, breaking a weeks-long stalemate that has disrupted food benefits for millions, left hundreds of thousands of federal workers unpaid and snarled air traffic.
2 min |
November 12, 2025
Business World Philippines
MPIC eyes exit from LRT-1 amid continued losses
METRO PACIFIC Investments Corp. (MPIC) is considering divesting its 35.8% stake in Light Rail Manila Corp. (LRMC), the operator of Light Rail Transit Line 1 (LRT-1), as losses persist and ridership has yet to recover from the pandemic impact.
1 min |
November 12, 2025
Business World Philippines
Raw sugar prices rise as commodity markets climb
Raw sugar futures on ICE rose on Monday, as hopes that a US government shutdown may end soon prompted broad-based gains in commodity markets.
1 min |
November 12, 2025
Business World Philippines
Typhoon Tino expected to result in crop insurance payout of P251M to affected farmers
THE Philippine Crop Insurance Corp. (PCIC) set aside nearly P251 million to cover potential crop insurance payouts to farmers affected by Typhoon Tino (international name: Kalmaegi), according to the Department of Agriculture (DA).
1 min |
November 12, 2025
Business World Philippines
Gold soars to two-week peak as soft economic data cement rate cut bets
GOLD PRICES climbed nearly 3% on Monday to hit a more than twoweek high as soft economic data out of the United States reinforced expectations that the US Federal Reserve will cut interest rates, lifting demand for the nonyielding asset.
1 min |
November 12, 2025
Business World Philippines
Private-sector role in keeping noche buena prices steady cited as cue for gov't support
THE Federation of Philippine Industries (FPI) said the restraint shown by manufacturers in keeping prices of holiday items steady needs to apply to more goods in the face of rising raw material prices, with the need for government support increasingly becoming necessary.
1 min |
November 12, 2025
Business World Philippines
Wall Street equities jump; Nvidia and Palantir lead AI surge
WALL STREET ended sharply higher on Monday, led by big gains in Nvidia, Palantir and other heavyweight artificial intelligence (Al)-related companies following progress in Washington to end a record government shutdown.
2 min |
November 12, 2025
Business World Philippines
GoTyme Bank partners with Wise for remittances, cross-border transfers
GOTYME BANK has partnered with global cross-border payments platform Wise to improve its remittance services.
2 min |
November 12, 2025
Business World Philippines
AWS Philippines says cloud technology levels the playing field for SMEs
AMAZON Web Services (AWS) Philippines, a cloud computing unit of Amazon, said cloud technology is helping small and medium enterprises (SMEs) compete with larger companies by giving them access to the same digital infrastructure and tools without requiring heavy capital investment.
1 min |
November 12, 2025
Business World Philippines
Ballet Philippines reimagines Alice in Wonderland
AHEAD of Christmas this year, Ballet Philippines (BP) is revisiting a well-loved childhood story, Alice in Wonderland. Helmed by artistic director Mikhail Martynyuk, the ballet company will follow a little girl's journey down the rabbit hole.
1 min |
November 12, 2025
Business World Philippines
PCC clears Robinsons Retail acquisition of Premiumbikes
ROBINSONS Retail Holdings, Inc. (RRHI) has received approval from the Philippine Competition Commission (PCC) to acquire Premiumbikes Corp., marking the company’s entry into the motorcycle market.
1 min |
November 12, 2025
Business World Philippines
House to tackle anti-dynasty bill, push anti-corruption body before yearend
THE House of Representatives will jumpstart discussions on a long-sought anti-dynasty bill and pass a measure institutionalizing an anti-corruption body that will investigate public works projects before the year ends, Speaker Faustino “Bojie” Dy III said on Tuesday, as lawmakers convene for the final leg of the 2025 congressional session.
2 min |
November 12, 2025
Business World Philippines
Ethiopia to be approved as host for COP32 climate summit in 2027
BELEM, Brazil — Ethiopia is set to be confirmed on Tuesday as host of the Conference of the Parties (COP32) climate summit in 2027, the president of this year’s COP30 gathering told Reuters.
1 min |
November 12, 2025
Business World Philippines
Bank of Japan saw growing case for near-term hike – summary
TOKYO-Bank of Japan (BoJ) policymakers saw a growing case to raise interest rates in the near term, with some calling for the need to ensure companies' wage-hike momentum will be sustained, a summary of opinions at the October meeting showed on Monday.
2 min |
November 11, 2025
Business World Philippines
DBM chief optimistic holiday spending will lift Q4
THE PHILIPPINE economy is expected to accelerate in the fourth quarter, driven by holiday spending, exports, and a rebound in investment activity, Budget Secretary Amenah F. Pangandaman said, but flagged risks from natural disasters.
2 min |
November 11, 2025
Business World Philippines
Meralco rates up 15 centavos/kWh in Nov.
TYPICAL HOUSEHOLDS in areas served by Manila Electric Co. (Meralco) will see an increase in their electricity bills this month, mainly due to higher pass-through charges.
2 min |
November 11, 2025
Business World Philippines
Analysts warn of corruption risk over the Philippines’ year-long calamity declaration
PRESIDENT Ferdinand R. Marcos, Jr.’s yearlong national calamity declaration will fast-track rehabilitation efforts across typhoon-ravaged regions in the country, but it may also carry corruption risks, analysts said on Monday.
3 min |
November 11, 2025
Business World Philippines
December BSP cut almost certain after Q3 GDP miss
THE BANGKO SENTRAL ng Pilipinas (BSP) is almost sure to deliver a fifth straight cut next month as the third-quarter gross domestic product (GDP) data showed the need for economic stimulus.
4 min |
November 11, 2025
Business World Philippines
China's internet firms cautiously revive lending as Beijing pushes consumer loans
China’s internet platforms are quietly reviving consumer lending, taking Beijing’s push to make household borrowing cheaper as a signal that regulators may be easing a years-long crackdown on the sector, four industry sources said.
2 min |
November 11, 2025
Business World Philippines
FDI net inflows slump in August
NET INFLOWS of foreign direct investments (FDI) into the Philippines slumped by 40.5% in August, amid a drop in net investments in debt instruments, the Bangko Sentral ng Pilipinas (BSP) reported on Monday.
3 min |
November 11, 2025
Business World Philippines
Asian shares rise on optimism over end to US halt
Global shares rose on Monday on optimism that an end to the historic US government shutdown was in sight, while the dollar was nursing losses from last week.
1 min |