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Business World Philippines

Gold futures pare gains on White House tariff plans

US GOLD FUTURES pared gains on Friday, retreating from record high levels, after reports that the White House plans to issue an executive order clarifying the country’s stance on gold bar tariffs.

1 min  |

August 11, 2025
Business World Philippines

Business World Philippines

AI doesn't just lie – It can make you believe it

ONE of the more subtle and insidious threats posed by artificial intelligence (AI) and related technology is its ability to tamper with memories.

4 min  |

August 11, 2025

Business World Philippines

ICTSI shares rise on port developments, earnings

RAZON-LED International Container Terminal Services, Inc. (ICTSI) was the most actively traded stock last week, with its share price rising following reports of strong earnings and developments at its Luzon terminal, which is expected to be operational by 2028.

2 min  |

August 11, 2025

Business World Philippines

Oil prices post steepest weekly losses since June due to tariff

Oil held steady on Friday as markets awaited a meeting in coming days between Russian President Vladimir Putin and his US counterpart Donald J. Trump, but prices marked their steepest weekly losses since late June on a tariff-hit economic outlook.

1 min  |

August 11, 2025

Business World Philippines

Codelco gets approval to reopen part of El Teniente copper mine

Copper giant Codelco has received approval from Chile’s mining regulator to reopen a part of its flagship El Teniente mine, after more than a week of suspended operations following a deadly collapse that killed six workers, it said on Friday.

1 min  |

August 11, 2025
Business World Philippines

Business World Philippines

Honda Cars Alabang now under Gateway Group

LOCATED AT the corner of Alabang-Zapote Road and Investment Drive in the busy Madrigal Business Park in Alabang, Honda Cars Alabang has been operating for over two decades — serving the needs of upscale residential communities like Ayala Alabang, Ayala Hills, BF Homes, Portofino, Tahanan Villace, Versailles, and others.

1 min  |

August 11, 2025
Business World Philippines

Business World Philippines

Ferris and Watkinson cruise to runaway IRONMAN 70.3 victory

AUSTRALIA'S Josh Ferris and New Zealand’s Amelia Watkinson reigned supreme in the 2025 IRONMAN 70.3 Lapu-Lapu presented by Megaworld after a grueling triathlon race in front of the cheering Cebuanos in Mactan.

2 min  |

August 11, 2025

Business World Philippines

Leading the AI-driven future

Achieving strategic Al maturity allows organizations to become agile entities characterized by seamless decision-making and a relentless pursuit of innovation.

4 min  |

August 11, 2025

Business World Philippines

Mexico wants Adidas to pay up after Mexican-American designer launches Indigenous-inspired shoe

Mexico is looking for footwear giant Adidas to pony up after a Mexican-American designer, Willy Chavarria, working with the firm launched a shoe inspired by a traditional Indigenous sandal, authorities said on Friday.

1 min  |

August 11, 2025

Business World Philippines

Stocks to move sideways as market seeks leads

PHILIPPINE SHARES may continue to move sideways as market seeks leads

2 min  |

August 11, 2025

Business World Philippines

House to continue push to hold VP accountable for fund misuse

LAWMAKERS said on Sunday the House of Representatives will continue to pursue Vice-President (VP) Sara Duterte-Carpio’s accountability over alleged misuse of secret funds, should the Supreme Court uphold its ruling voiding her impeachment.

2 min  |

August 11, 2025

Business World Philippines

French court vetoes return of pesticide in farming law

France's constitutional court blocked the reintroduction of a pesticide accused of harming bees, in the latest twist in a fierce political battle in the European Union's biggest agricultural producer.

1 min  |

August 11, 2025

Business World Philippines

Mercato Centrale partners with Peddlr to provide digital tools to small food businesses

FOOD BUSINESS INCUBATOR Mercato Centrale Group has partnered with tech solutions provider Peddlr Philippines, Inc. to provide digital tools that help small food entrepreneurs streamline operations and scale their businesses.

1 min  |

August 11, 2025

Business World Philippines

SMGP unit eyes P3.2-B expansion of Zamboanga gas plant

SAN MIGUEL GLOBAL Power Holdings Corp. (SMGP) unit Malita Power, Inc. (MPI) plans a P3.2-billion expansion of its gas turbine power plant in Zamboanga City.

1 min  |

August 11, 2025

Business World Philippines

Robinsons Land Q2 profit rises 7% to P3.4 billion

ROBINSONS LAND Corp. (RLC) posted a 7% rise in second-quarter (Q2) attributable net income to P3.4 billion, driven by growth across its portfolio.

2 min  |

August 11, 2025
Business World Philippines

Business World Philippines

PHL export data to start reflecting tariff impact after 1* half boosted by frontloaded shipments

THE GROWTH in Philippine exports seen in the first half could start slowing down beginning in early August after the 19% US reciprocal tariff took effect, an analyst said.

4 min  |

August 11, 2025

Business World Philippines

Gilas battles host Saudi Arabia for quarterfinal slot

AS soothing as that feelgood 66-57 win over Iraq at the end of group play was, Gilas Pilipinas’ situation in the FIBA Asia Cup in Jeddah, Saudi Arabia remains the same.

2 min  |

August 11, 2025

Business World Philippines

Argentines grill up more beef in first half of 2025, reflecting higher wages

ARGENTINES are once again chowing down on beef, as an economic turnaround has allowed them to fork over more for steaks, a report from the Rosario exchange said on Friday.

1 min  |

August 11, 2025

Business World Philippines

Philippines to host ASEAN+ Individual Chess Championships- Governor Henry Oaminal Cup

FILIPINOS eyeing the Grandmaster (GM) title would get the chance to realize their dream as the country hosts the ASEAN+ Individual Chess Championships-Governor Henry Oaminal Cup slated Nov. 2 to 10 at the Misamis Occidental Resort and Aquamarine Park considered.

1 min  |

August 11, 2025

Business World Philippines

Short-handed Fever record dominant win over Sky

KELSEY MITCHELL had 26 points and eight assists and the host Indiana Fever continued their mastery of the Chicago Sky with a 92-70 victory in a match-up of shorthanded teams Saturday night in Indianapolis.

1 min  |

August 11, 2025

Business World Philippines

Beyond 100% tariffs: From risk to resilient trade

The Executive Order issued on July 31 further modified the US reciprocal tariffs and imposed a more uniform tariff at 19% to 20% for six of the 10 ASEAN countries: the Philippines, Indonesia, Malaysia, Thailand, Vietnam, and Cambodia.

4 min  |

August 11, 2025

Business World Philippines

Peso may be range-bound as markets eye Fed

THE PESO could move sideways against the dollar this week as markets await developments regarding the US Federal Reserve’s leadership amid reports that the Trump administration is now searching for a new central bank chief.

1 min  |

August 11, 2025

Business World Philippines

Pest diagnostics startup hoping to expand beyond mango farms

AN AGRICULTURE startup helping diagnose pest problems in mango farms said it is hoping to help farmers of other high-value crops.

1 min  |

August 11, 2025

Business World Philippines

Globe Telecom upbeat on second-half prospects

GLOBE TELECOM, Ine. said it expects better performance in the second half of the year as gross service revenue returns to growth, signaling a more stable footing for the company.

1 min  |

August 11, 2025

Business World Philippines

BSP launches SME credit risk database

THE Bangko Sentral ng Pilipinas (BSP) has launched acredit risk database with a web-based scoring system which will allow financial institutions to evaluate small businesses and boost credit access.

2 min  |

August 11, 2025

Business World Philippines

First Gen seeks 15-year extension of supply contract for Sta. Rita gas plant

LOPEZ-LED First Gen Corp. is seeking to extend its power purchase agreement (PPA) with Manila Electric Co. (Meralco) to continue supplying electricity from the 1,100-megawatt (MW) Sta. Rita gas plant in Batangas for up to 15 years.

2 min  |

August 11, 2025

Business World Philippines

Yields on government debt drop after data

YIELDS on government securities (GS) went down last week following the release of the latest Philippine inflation and gross domestic product (GDP) data and strong demand for the retail Treasury bond (RTB) offering.

2 min  |

August 11, 2025
Business World Philippines

Business World Philippines

Progress in healthcare reforms

In his recent State of the Nation Address (SONA), President Ferdinand R. Marcos, Jr. placed healthcare high on the national agenda, outlining a series of new and expanded initiatives aimed at improving access, affordability, and quality of care for all Filipinos. His speech struck a hopeful tone, signaling the administration’s readiness to invest political capital and financial resources in one of the country’s sectors that need most urgent attention.

3 min  |

August 11, 2025

Business World Philippines

A PAWS TROPHY

Mazda PHL gives rescued dogs and cats hope — and a set of wheels

4 min  |

August 11, 2025

Business World Philippines

Swedish budget furniture retailer IKEA bets on online growth in China with JD.com launch

Swedish budget furniture retailer IKEA opened a digital store on Chinese e-commerce platform JD.com on Friday, as it expands its presence on third-party online shopping sites in China to draw in new customers with cut-price products.

1 min  |

August 11, 2025