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Business World Philippines
Wall Street scales fresh highs on tech earnings, US-China trade deal
WALL STREET’s main indexes posted record closing highs for the second day in a row on Monday as investors were hopeful about the prospects for a US-China trade deal and looked forward toa week packed with high-profile technology earnings and a widely expected US interest rate cut.
1 min |
October 29, 2025
Business World Philippines
Makers of basic goods vowed to keep prices steady — Trade dep’t
THE Department of Trade and Industry (DTI) said makers of basic necessities and prime commodities have committed to keep prices steady even with the approach of the year-end holidays and the accompanying spike in demand.
1 min |
October 29, 2025
Business World Philippines
Freddie Freeman home run gives LA Dodgers 2-1 lead vs Blue Jays
The 18-inning game matched the longest in World Series history
2 min |
October 29, 2025
Business World Philippines
PHIL gets ‘verbal’ assurances from Fitch, Moody’s on outlook
FITCH RATINGS and Moody’s Ratings will stick to their views on the Philippines’ prospects even in the face of the flood control scandal, the Department of Budget and Management (DBM) said.
1 min |
October 29, 2025
Business World Philippines
Rice tariff consultations conclude; draft amendments due by Nov. 10
THE Department of Agriculture (DA) said consultations have wrapped up on planned amendments to the Rice Tariffication Law of 2019, with reforms designed to curb high rice prices while offering farmers a fair return on their harvest.
1 min |
October 29, 2025
Business World Philippines
Shares rise on bargain-hunting before Fed move
PHILIPPINE STOCKS closed higher on Tuesday as players picked up cheap stocks following the market's two-day slide, but sentiment remained cautious before the US Federal Reserve's policy decision.
2 min |
October 29, 2025
Business World Philippines
Philippine troops sent as clan clash sparks firefight in restive south
GOVERNMENT troops were deployed to a southern Philippine town on Tuesday after a family clan stormed the area in pursuit of a suspected killer of one of their members, leading to exchanges of gunfire in the latest flareup of violence in Mindanao, authorities said.
2 min |
October 29, 2025
Business World Philippines
APEC seen as platform for diversifying markets
DEVELOPING countries could harness the Asia-Pacific Economic Cooperation (APEC) in diversifying their markets in the face of the disruption resulting from the US reciprocal tariffs, an analyst said.
2 min |
October 29, 2025
Business World Philippines
Striking workers reject Boeing Defense’s latest offer after nearly three months on strike
STRIKING workers at Boeing Defense in the St. Louis area rejected the company’s latest contract proposal on Sunday, sending a strike that has already delayed delivery of fighter jets and other programs into its 13\"* week.
2 min |
October 28, 2025
Business World Philippines
Jeju exit in sight as Bloomberry inks sale deal for casino unit
RAZON-LED Bloomberry Resorts Corp. has found a buyer for its casino business in South Korea, which analysts said could help strengthen its earnings outlook.
1 min |
October 28, 2025
Business World Philippines
ASEAN summit for prosperity, Philippines’ fiscal condition
Big events were happening in Kuala Lumpur at the ASEAN Summit, which opened on Oct. 26 and ends today, the 28th.
3 min |
October 28, 2025
Business World Philippines
Robot dogs and AI drone swarms: How China could take advantage of DeepSeek for an era of war
China’s state-owned defense giant Norinco in February unveiled a military vehicle capable of autonomously conducting combat-support operations at 50 kilometers per hour.
5 min |
October 28, 2025
Business World Philippines
Reliance races to get battery gear orders out of China ahead of export curbs
Indian billionaire Mukesh Ambani’s Reliance Industries is rushing to get its orders of battery components out of China ahead of new export curbs, two people briefed on the matter said, as concerns mount worldwide about how Beijing intends to enforce its widening export control regime.
2 min |
October 28, 2025
Business World Philippines
PSALM counts on CBK sale, Agus-Pulangi concession to wipe out its obligations
STATE-RUN Power Sector Assets and Liabilities Management Corp. (PSALM) said it is optimistic about bringing down its outstanding obligations to nearly zero before the end of its extended corporate life.
2 min |
October 28, 2025
Business World Philippines
The gold FOMO trade is too late
WHEN I can’t listen to a podcast without someone trying to sell me gold, when money managers tell me clients are jonesing for the shiny metal, and when friends call to ask what I think about buying it, I know without looking at a single chart that the price of gold has gone vertical and that FOMO has set in.
3 min |
October 28, 2025
Business World Philippines
Oil prices up on US, China trade-deal framework
OIL PRICES rose on Monday after US and Chinese economic officials sketched out a trade-deal framework, easing fears that tariffs and export curbs between the world’s top two oil consumers could dent global economic growth.
1 min |
October 28, 2025
Business World Philippines
GT Capital, Ateneo sign deal to build Cavite campus
TY-LED conglomerate GT Capital Holdings, Inc. has signed a memorandum of agreement with Ateneo de Manila University to develop a 15-hectare Ateneo campus within Riverpark, its flagship township in General Trias City, Cavite.
1 min |
October 28, 2025
Business World Philippines
Sari-sari stores’ e-wallet acceptance up 75% at end-Aug.
THE availability of e-wallet payments at small mom-and-pop stores grew 75% year on year at the end of August, tech startup Packworks said.
1 min |
October 28, 2025
Business World Philippines
Pres. Trump reverses Biden-era air pollution rules on copper smelters
US President Donald J. Trump on Friday reversed a Biden-era air pollution rule that had imposed stricter limits on emissions from copper smelters.
1 min |
October 28, 2025
Business World Philippines
ASEAN, South Korea launch FTA upgrade talks
Philippine President Ferdinand R. Marcos, Jr. on Monday pushed for an expanded free trade deal between the Association of Southeast Asian Nations (ASEAN) and South Korea, saying this would keep markets open and counter growing protectionist trends in the global economy.
3 min |
October 28, 2025
Business World Philippines
Drawing the line between intra-group transactions
Multinational enterprise (MNE) groups almost always require a broad range of services to support their operations - covering administrative, technical, financial, and commercial needs.
6 min |
October 28, 2025
Business World Philippines
Food EOs seen boosting farmer incomes, creating guaranteed markets for produce
THE Department of Agriculture (DA) said it expects the two executive orders (EOs) issued by President Ferdinand R. Marcos, Jr. to result in price stability and guaranteed markets for farmers and fisherfolk.
1 min |
October 28, 2025
Business World Philippines
House resolution calls for GSIS probe
LEGISLATORS filed a resolution on Monday seeking a congressional investigation into the Government Service Insurance System's (GSIS) investments, citing the risk of undermining the pension fund's long-term stability.
1 min |
October 28, 2025
Business World Philippines
Asian equities soar to peak on easing trade tensions
Asian stocks surged while gold and bonds retreated on Monday as signs of easing trade tensions between China and the US buoyed risk appetite, in a strong start to a week that will be headlined by central bank meetings and megacap earnings.
2 min |
October 28, 2025
Business World Philippines
Political uncertainty may stall growth
PHILIPPINE economic growth is expected to remain within target this year, although global trade woes and domestic political uncertainty may cloud the outlook, Fitch Ratings said.
3 min |
October 28, 2025
Business World Philippines
Pangilinan says Meralco on track to hit P50-B profit target
Electric Co. (Meralco) reported a 14% increase in its consolidated core net income to P40.02 billion for the first nine months, driven by revenue growth and stronger results from its distribution utility segment despite flat energy sales.
1 min |
October 28, 2025
Business World Philippines
German firms cite policy uncertainty, skills shortage as issues
GERMAN companies said they perceive the main risks in their Philippine operations to be uncertainty in economic policy and worker skills shortages.
1 min |
October 28, 2025
Business World Philippines
Tighter US immigration policies, weak job market could hurt PHL remittances
STRICTER visa and immigration policies in the United States could slow demand for Filipino workers and potentially dampen remittance inflows, analysts said.
3 min |
October 28, 2025
Business World Philippines
Local carriers shelve terminal enhancement fee proposal
LOCAL CARRIERS are no longer pursuing their proposal for a terminal enhancement fee, the Civil Aeronautics Board (CAB) said, adding that carriers may explore options that do not require government approval.
3 min |
October 28, 2025
Business World Philippines
Japan’s economy needs foreign workers, not the nationalist approach pushed by its new leader
Sanae Takaichi has made history by becoming Japan’s first female prime minister. However, this was hardly a win for feminist or progressive politics.
3 min |