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Business World Philippines

Metro Manila, Mindanao top list of official dev’t assistance commitments

THE NATIONAL Capital Region (NCR) and Mindanao hosted the most official development assistance (ODA) projects in 2024, the Department of Economy, Planning, and Development (DEPDev) said.

1 min  |

August 04, 2025

Business World Philippines

Crude prices plunge on worries about OPEC+ supply, US jobs data

Crude oil prices $2 a barrel on Friday because of jitters about a possible increase in production by the Organization of the Petroleum Exporting Countries and its allies (OPEC+), while a weaker-than-expected US jobs report fed worries about demand.

1 min  |

August 04, 2025
Business World Philippines

Business World Philippines

Investing in people's health: SONA 2025 highlights healthcare reforms

In his fourth State of the Nation Address (SONA), President Ferdinand R. Marcos, Jr. underscored healthcare as a central pillar of national development, highlighting landmark reforms and programs designed to bring accessible, affordable, and equitable care to every Filipino.

3 min  |

August 04, 2025

Business World Philippines

Coffee, sugar, cocoa fall on investors’ risk aversion

Cocoa, sugar and coffee futures all fell on Friday amid a commodities-wide selloff by investors seeking to reduce exposure to assets considered riskier as the US economy gave signs of weakening.

1 min  |

August 04, 2025

Business World Philippines

EDC plans expansion of geothermal complex

RENEWABLE ENERGY firm Energy Development Corp. (EDC) is looking to expand its existing Bacon-Manito (Bac-Man) geothermal complex with an additional 90 megawatts (MW) of capacity.

1 min  |

August 04, 2025

Business World Philippines

BDO shares down after profit taking

BDO UNIBANK, Inc. was one of the most actively traded stocks in the local market last week after disclosing its second-quarter earnings and latest offering of peso-denominated sustainability bonds.

3 min  |

August 04, 2025

Business World Philippines

Green lane system rolled out for strategic agri investments

THE DEPARTMENT of Agriculture (DA) said it issued a joint memorandum circular (JMC) to streamline the approval process for strategic investments in agriculture and fisheries.

1 min  |

August 04, 2025

Business World Philippines

Three-peat pre-season champs UP Fighting Maroons set sights on defending UAAP crown

WINNING a historic three-peat in the preseason is just the beginning for the University of the Philippines (UP) Fighting Maroons.

1 min  |

August 04, 2025

Business World Philippines

US stocks slump on latest tariffs, soft jobs data

US. stocks slumped on Friday, and the S&P suffered its biggest daily percentage decline in more than two months as new US tariffs on dozens of trading partners and a surprisingly weak jobs report spurred selling pressure.

2 min  |

August 04, 2025

Business World Philippines

FM Abelgas settles for second place in Asian amateur rapid chessfest

FILIPINO FIDE Master (FM) Roel Abelgas showed he still has the touch despite spending most of his energy teaching and coaching after finishing a strong second in the Asian Amateur Open Rapid Chess Championships in Hong Kong over the weekend.

1 min  |

August 04, 2025
Business World Philippines

Business World Philippines

'There will still be a need for all powertrains'

BMW Group Asia Managing Director Lars Nielsen gives us the near-term plan

4 min  |

August 04, 2025
Business World Philippines

Business World Philippines

SEC warns public against Sana Credit

THE Securities and Exchange Commission (SEC) has issued a cease-and-desist (CDO) order against Sana Credit over its operation of an online lending platform (OLP).

1 min  |

August 04, 2025
Business World Philippines

Business World Philippines

Filipinas are fielding a ‘new-look’ side in Asean Women's Football Championship in Vietnam

THE Philippines is fielding a “new-look” side in its title defense of the Asean Women's Football Championship from Aug. 7 to 19 in Vietnam.

1 min  |

August 04, 2025
Business World Philippines

Business World Philippines

Team Liquid Philippines wins MLBB Mid-Season Cup in Saudi Arabia

THE Philippines brought another Esports world championship home.

1 min  |

August 04, 2025
Business World Philippines

Business World Philippines

Pag-IBIG Fund Net Income Jumps 15% to P28B in H1 2025, Highest in 45 Years

Pag-IBIG Fund reported double-digit year-on-year growth in its income for the first half of 2025, marking the highest earnings for the period in the agency's 45-year history, top officials announced on Friday (August 01).

2 min  |

August 04, 2025

Business World Philippines

Lifestyle influencer discovers culinary calling at CCA Manila

IN AN ERA where digital content creators are often typecast into niche categories, one lifestyle influencer is rewriting the narrative: this time, with a chef's knife in hand.

1 min  |

August 04, 2025
Business World Philippines

Business World Philippines

SOUTHWOODS CITY: THE NEXT BIG BUSINESS HOTSPOT IN THE SOUTH

In today's fast-evolving business landscape, location is more than just geography-it's strategy.

2 min  |

August 04, 2025

Business World Philippines

Free WiFi target set at 70,000 sites in 2026

THE Department of Information and Communications Technology (DICT) said it is hoping to establish up to 70,000 free WiFi sites by next year.

1 min  |

August 04, 2025

Business World Philippines

Commercial segment expected to drive Mitsubishi Motors sales

COMMERCIAL vehicle models are expected to drive Mitsubishi Motors Philippines Corp’s (MMPC) sales and help the company achieve its target of 20% market share this year.

2 min  |

August 04, 2025

Business World Philippines

Gold rises on interest rate cut hopes

GOLD PRICES rose almost 2%, hitting a one-week high, on Friday after weaker-than-expected US payrolls data boosted US Federal Reserve rate cut expectations and fresh tariff announcements spurred safe-haven demand.

1 min  |

August 04, 2025
Business World Philippines

Business World Philippines

A LEGACY OF HELPING

Expanded advocacy marks TMP Foundation's 35 years

3 min  |

August 04, 2025

Business World Philippines

Peso may rise as jobs data boost Fed hopes

THE PESO may continue to rise against the dollar this week following weaker-than-expected US jobs data released on Friday, which bolstered hopes for a September rate cut by the US Federal Reserve.

2 min  |

August 04, 2025

Business World Philippines

Walmart's Mexico and CA CEO Ignacio Caride steps down in surprise move

Walmart's Mexico and Central America (CA) chief executive officer (CEO), Ignacio Caride, will step down as CEO and from the board of directors after just over a year, the unit of the US retailer said on Friday in a move that surprised analysts.

1 min  |

August 04, 2025

Business World Philippines

Stocks to move sideways before inflation, GDP

STOCKS could move sideways this week as investors await the release of the latest Philippine inflation and gross domestic product (GDP) data.

2 min  |

August 04, 2025
Business World Philippines

Business World Philippines

Have empathy for Marvic

This essay is a response to a Manila Standard column written by dear friend and colleague Tony La Viña, titled \"Inconvenient truth about impeachment\" (Aug. 1).

4 min  |

August 04, 2025

Business World Philippines

Jacinto Ng, Jr. represents PHL at EY World Entrepreneur Of The Year

JACINTO NG, JR. (third from left), group executive officer of Joy-Nostalg Raemulan Lands, Inc. and EY Entrepreneur Of The Year 2024 Philippines winner, proudly represented the country at the prestigious EY World Entrepreneur Of The Year 2025 held in Monaco.

1 min  |

August 04, 2025

Business World Philippines

US copper stabilizes, keeps premium over benchmark

US copper prices stabilized on Friday after the biggest one-day decline on record the previous day as the market continued to assess a surprise move by US President Donald J. Trump to exclude refined metal from 50% import tariffs.

1 min  |

August 04, 2025
Business World Philippines

Business World Philippines

French skincare line launched in PHL

AN ANTI-AGING skincare line from France, Filorga — known for its topical products which are supposed to have the same efficacy as injectable treatments — is now available in the Philippines.

2 min  |

August 04, 2025

Business World Philippines

Ukraine says it uncovers major drone procurement corruption scheme

Ukraine’s anti-corruption bodies said on Saturday they had uncovered a major graft scheme that procured military drones and signal jamming systems at inflated prices, two days after the agencies’ independence was restored following major protests.

1 min  |

August 04, 2025

Business World Philippines

PHL told to hasten planned Batanes port to strengthen security in north — analysts

THE PHILIPPINES should fast-track the construction of a planned port in Batanes province to bolster its security stance north of the country, security experts said at the weekend.

1 min  |

August 04, 2025