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Business World Philippines

US equities close up, gain after earnings-heavy week

The S&P 500 and the Nasdaq advanced to record closing highs on Friday, boosted by robust earnings and a dip in crude prices, and turning the page on their biggest monthly percentage gains in years.

1 min  |

May 04, 2026
Business World Philippines

Business World Philippines

All-new Audi Q3 Hybrid ups aesthetics, convenience

FIRST REVEALED to the world in June of last year, the third generation of the subcompact premium SUV Audi Q3 now mirrors the design language/ stylistic cues of its bigger sibling Q5.

2 min  |

May 04, 2026
Business World Philippines

Business World Philippines

VIKA premium women's activewear debuts in the Philippines

VIKA, a new premium women's activewear brand, officially launches in the Philippines with “VIKA Her Game,” a women-led pickleball invitational held at Athlete Central PH, OAX Complex in Cainta, Rizal.

1 min  |

May 04, 2026
Business World Philippines

Business World Philippines

National Age Group Chess Championships goes to Central Luzon

THE National Chess Federation of the Philippines’ (NCFP) search for future national team players and Grandmasters (GMs) goes to Central Luzon as it stages the National Age Group Chess Championships slated on June 3 to 7 at the SMX Convention Center in Olongapo City.

1 min  |

May 04, 2026

Business World Philippines

At the crossroads of a fiscal crisis: Why smart taxes (health taxes) are necessary

The Philippines is at risk of a credit rating downgrade.

4 min  |

May 04, 2026

Business World Philippines

Agro-based exports up in 1st quarter

AGRICULTURE-BASED exports in the first quarter rose 7.5% year on year to $1.82 billion, according to the Philippine Statistics Authority (PSA), citing preliminary data.

1 min  |

May 04, 2026
Business World Philippines

Business World Philippines

Metrobank promotes financial mindfulness with 'Moneygurado'

METROPOLITAN BANK & Trust Co. recently unveiled a new documentary series aimed at encouraging Filipinos to become more intentional in managing their finances, as part of its financial literacy campaign.

1 min  |

May 04, 2026

Business World Philippines

Gold edges up as oil eases on hopes for Iran proposal talks

GOLD inched up on Friday, reversing earlier losses of more than 1%, on hopes for a breakthrough to end the Iran war after Tehran submitted a new proposal for negotiations, easing some inflation concerns.

1 min  |

May 04, 2026

Business World Philippines

Eala awaits opponent at Italian Open Round of 128 draw

ALEXANDRA \"ALEX\" EALA will have one more tournament in France before strutting her stuff against the world's tennis titans in the French Open later this month.

2 min  |

May 04, 2026

Business World Philippines

Fugitive congressman in flood scandal tests institutions ahead of 2028 polls

THE case of fugitive former lawmaker Elizaldy S. Co is emerging as a test of the Philippines' institutions and political leadership ahead of the 2028 presidential race, analysts said, warning that it could shape how voters judge governance under President Ferdinand R. Marcos, Jr.

2 min  |

May 04, 2026

Business World Philippines

Port cargo volume up 1.53% in Q1

THE Philippine Ports Authority (PPA) said cargo volume at ports it oversees rose 1.53% to 66.96 million metric tons (MMT) in the first quarter, driven by growth in foreign shipments.

1 min  |

May 04, 2026

Business World Philippines

Peso weakness may persist as War-driven risks cloud outlook

THE PESO may continue to weaken this week and possibly hit new lows against the dollar due to renewed global oil price concerns as the Middle East war continues, and with data to be released this week expected to reflect the impact of the conflict on the Philippine economy.

2 min  |

May 04, 2026

Business World Philippines

Coffee dev't office seeking P2.9B in funding

THE Department of Agriculture (DA) said it is seeking a P2.9-billion budget for its Coffee Industry Development Office (CIDO) for 2027 to support programs boosting the industry's output.

1 min  |

May 04, 2026

Business World Philippines

Worca AI center staffing needs for Pampanga site estimated at 2,000

WORCA, a US artificial intelligence (AI) talent firm, plans to hire 2,000 AI-skilled workers in the Philippines who can train and test AI systems for US tech research labs, according to its chief executive officer (CEO).

2 min  |

May 04, 2026

Business World Philippines

Gen Z can't get enough of teensy 'Grandma' watches

AFTER more than two decades of oversize cases dominating wrists, watchmakers are pivoting to smaller diameters as younger consumers — particularly women in their 20s and early 30s — embrace so-called grandma watches for their versatility, vintage appeal, and ability to be styled alongside jewelry.

3 min  |

May 04, 2026
Business World Philippines

Business World Philippines

Veterans Bank, BARMM ink agreement for financial assistance service to Mujahideen

PHILIPPINE VETERANS BANK (PVB) and the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) have formally signed a Memorandum of Agreement (MOA) that will provide financial assistance disbursement services to the beneficiaries of the Office of the Bangsamoro Mujahideen Under Special Circumstance (OBMUSC) and install an offsite automated teller machine (ATM) within the BARMM Compound.

1 min  |

May 04, 2026
Business World Philippines

Business World Philippines

Apple shares rise on strong quarterly sales in run-up to CEO change

APPLE shares jumped 3.6% in early trading on Friday after the iPhone maker posted its strongest quarterly sales growth in more than four years, a show of momentum as it prepares to hand over the reins to a new chief executive officer (CEO).

2 min  |

May 04, 2026

Business World Philippines

PHL seen to remain on private equity investors’ radar this year — Deloitte

PRIVATE equity activity in the Philippines slowed last year, but the country is expected to continue attracting targeted investor interest in 2026, according to Deloitte’s 2026 Southeast Asia Private Equity Almanac.

2 min  |

May 04, 2026
Business World Philippines

Business World Philippines

Anisimov books second lap win through Stage Five photo finish

SES CUR

2 min  |

May 04, 2026
Business World Philippines

Business World Philippines

PokéBee named as Mercato Centrale’s 'The Next Big Food Entrepreneur 2026'

MERCATO CENTRALE GROUP, the Philippines' premier food business incubator, has officially crowned PokéBee, a fast-casual brand specializing in localized Hawaiian bowls, as the grand winner of its flagship program, The Next Big Food Entrepreneur (NBFE) 2026.

2 min  |

May 04, 2026
Business World Philippines

Business World Philippines

Manila-based mother recalls life-changing win from Casino Plus

SOMETIMES, good fortune arrives on an ordinary morning — quietly, without warning.

1 min  |

May 04, 2026

Business World Philippines

VAT zero-rating for non-IPA registered exporters

VAT zero-rating on local purchases is no longer limited to PEZA- or BoI-registered enterprises. Export- oriented enterprises — including those without IPA registration — may now enjoy the same incentive, subject to strict compliance with the law and its implementing rules.

4 min  |

May 04, 2026

Business World Philippines

Joel Embiid, 76ers knock out second-seeded Celtics

JOEL EMBIID had 34 points, 12 rebounds and six assists and Tyrese Maxey added 30 points and 11 rebounds to lead the Philadelphia 76ers to a 109-100 victory over the host Boston Celtics in Game 7 of their Eastern Conference first-round playoff series on Saturday night.

2 min  |

May 04, 2026
Business World Philippines

Business World Philippines

'Scrappy' outfits

A Quezon City contest focuses on making new clothes from old

3 min  |

May 04, 2026
Business World Philippines

Business World Philippines

Japan hosts SusHi Tech 2026 innovation summit

THE TOKYO METROPOLITAN

1 min  |

May 04, 2026

Business World Philippines

VAT exemptions eroding tax base, think tank says

THE Congressional Policy and Budget Research Department (CPBRD) of the House of Representatives said excessive value-added tax (VAT) exemptions are significantly reducing government revenue, and urged policymakers to review and rationalize the slate of tax incentives.

1 min  |

May 04, 2026

Business World Philippines

PHL shares may decline further before key data

PHILIPPINE SHARES may continue to move lower this week before the release of key data that could show the impact of the Middle East war on the economy, with the lack of a resolution to the conflict weighing on sentiment.

2 min  |

May 04, 2026

Business World Philippines

SMPC reduces capex to P1.9B amid coal contract uncertainty

SEMIRARA MINING and Power Corp. (SMPC) has trimmed its capital expenditure (capex) budget to P1.9 billion this year, down 68% from last year, as it deferred investments in its coal segment pending the bidding for its coal operating contract.

1 min  |

May 04, 2026
Business World Philippines

Business World Philippines

Less glossy

MOVIE REVIEW The Devil Wears Prada 2 Directed by David Frankel

4 min  |

May 01, 2026

Business World Philippines

Copper gives up gains, heads for 5" straight daily drop on macro concerns

COPPER eased on Wednesday after a strong start and was heading for a fifth straight daily loss as equity markets slipped and fears over global economic growth returned due to rising oil prices.

1 min  |

May 01, 2026