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Business World Philippines

Cargo plane slides off runway in Hong Kong, killing two airport staff

Two Hong Kong airport security staff were killed early on Monday after a cargo plane from Dubai skidded off the runway on landing, collided with their security patrol vehicle and pushed it into the sea, the city’s airport operator said.

2 min  |

October 21, 2025

Business World Philippines

Carpio secures Philippines first medal at Asian Youth Games

Kram Airam Carpio ensured the country of its first medal at the 3 Asian Youth Games after she overpowered Indian Sakshi Thakur, 83-17, in pencak silat over the weekend at the Exhibition World Bahrain here.

1 min  |

October 21, 2025

Business World Philippines

Vietnam targets 10% GDP growth in 2026 despite external pressure

Vietnamese Prime Minister Pham Minh Chinh said on Monday the government would target record gross domestic product (GDP) growth of at least 10% in 2026, saying the Southeast Asian economy had proven resilient despite pressure from external shocks.

1 min  |

October 21, 2025

Business World Philippines

Police seek to detain most of the South Koreans returned from Cambodia over scam schemes

SEOUL — South Korean police are seeking to detain most of the 64 South Koreans repatriated from Cambodia over allegations they were involved in online scams in the Southeast Asian country, the police said on Monday.

2 min  |

October 21, 2025

Business World Philippines

Philippine stocks decline before earnings season

PHILIPPINE SHARES fell on Monday as investors turned cautious ahead of the earnings season, with traders weighing local economic concerns and overseas market developments.

2 min  |

October 21, 2025
Business World Philippines

Business World Philippines

Pryce to spend P6B on air separation plants in Davao, Bacolod, and Pangasinan

LISTED Pryce Corp. plans to invest P6 billion to build three new air separation plants in Davao, Bacolod, and Pangasinan.

1 min  |

October 21, 2025

Business World Philippines

Tropical Storm Ramil death toll now at 7, NDRRMC says

TROPICAL STORM Ramil (international name: Fengshen), which exited the Philippine area of responsibility (PAR) on Monday morning, left seven dead and two others missing, the local disaster agency said.

2 min  |

October 21, 2025

Business World Philippines

China's economic growth slows to one-year low in third quarter

China’s economic growth slowed to the weakest pace ina year in the third quarter as fragile domestic demand left it heavily reliant on manufacturing production and exports, stoking concerns about deepening structural imbalances.

2 min  |

October 21, 2025
Business World Philippines

Business World Philippines

Economic dev't committee reviewing recommendations to adjust rice tariff

THE Economic Development Committee (EDCom) said it is seeking to strike a balance between protecting farmers and limiting the inflationary impact on consumers in adjusting rice import tariffs.

1 min  |

October 21, 2025

Business World Philippines

Global film industry shrugs off renewed Trump movie tariff threat

Star Wars: Starfighter is filming in Britain, soundstages in Hungary are packed, and post-production houses in Australia are humming, as the global film industry keeps rolling despite US President Donald J. Trump’s renewed threats to impose tariffs on movies made outside of the United States.

4 min  |

October 21, 2025

Business World Philippines

Alex Eala jumps to new career-best No. 53 in Women’s Tennis Assn.

ALEXANDRA “ALEX” EALA soared to a new career-best ranking in the Women’s Tennis Association ahead of the resumption of her campaign in the WTA250 Guangzhou Open starting today.

1 min  |

October 21, 2025

Business World Philippines

BSP rate cut to spur holiday spending and loan demand, says TransUnion

THE BANGKO SENTRAL ng Pilipinas’ latest interest rate cut is expected to boost consumer spending and lending activity during the holiday season, TransUnion Philippines said on Monday.

1 min  |

October 21, 2025

Business World Philippines

PHL mangoes pitched to Italian market

THE Department of Agriculture (DA) said it promoted Philippine mangoes to Italian importers, hoping to establish an initial niche with the Filipino community in Italy and expanding to other exotic Philippine fruit.

1 min  |

October 21, 2025
Business World Philippines

Business World Philippines

Yulo set to match Paris golden double at World Championships

PHILIPPINE GOLDEN BOY Carlos Yulo showed even with wrist issues, he’s a force of nature.

1 min  |

October 21, 2025

Business World Philippines

MREIT seeks SEC nod for P8-B capital stock hike

LISTED MREIT, Inc., the real estate investment trust sponsored by Megaworld Corp., has filed with the Securities and Exchange Commission (SEC) to increase its authorized capital stock to P8 billion from P5 billion to P8 billion, following a memorandum of understanding with its sponsor.

1 min  |

October 21, 2025

Business World Philippines

The Philippine judiciary, the best system that money can buy

The Philippines has the best justice system that money can buy, according to Jose Almonte, national security adviser during President Cory Aquino’s term.

6 min  |

October 21, 2025

Business World Philippines

Peso weakens after narrower BoP surplus

THE PHILIPPINE PESO weakened slightly against the dollar on Monday as investors digested the country’s narrower balance of payment (BoP) surplus, renewed global growth concerns and persistent US-China trade tensions.

1 min  |

October 21, 2025

Business World Philippines

Oil prices slip on US-China trade tensions worry

Oil prices dipped on Monday, pressured by worries over a global glut as US-China trade tensions added to concerns about an economic slowdown and weaker energy demand.

1 min  |

October 21, 2025

Business World Philippines

On IPRI 2025, power exchange, and the energy mix

On Oct. 15, the Property Rights Alliance (PRA, US) — a sister free-market think tank of the Tholos Foundation of which I am among the international fellows — released the International Property Rights Index (IPRI) 2025, holding its global launch in Brussels, Belgium at the EU Parliament. The report was authored by Dr. Sary Levy-Carciente, a Hernando de Soto Fellow, and edited by Lorenzo Montanari, Executive Director of the PRA.

3 min  |

October 21, 2025

Business World Philippines

House resolution seeks US talks to discuss call center reshoring

A CEBU legislator filed a resolution on Monday urging the government to initiate talks with the US over plans to bring the call-center industry back from overseas.

1 min  |

October 21, 2025

Business World Philippines

Samsung Electronics family to sell $1.2-billion stake amid share rally

The mother and two sisters of Samsung Electronics Chairman Jay Y. Lee plan to sell some 1.73 trillion won ($1.22 billion) worth of shares in the South Korean tech firm, the company said in a regulatory filing.

1 min  |

October 21, 2025

Business World Philippines

In Trump's drug war, prisoners may be too much of a legal headache, experts say

When two alleged drug traffickers survived a US military strike last week in the Caribbean, they left the Trump administration with a decision to make: send them back home, or find a way to keep them detained.

2 min  |

October 21, 2025

Business World Philippines

Palace says gov't intensifying steps vs corruption after biz groups' call

THE MARCOS administration on Monday said it is intensifying efforts against corruption following calls of major Philippine business groups for a swift and decisive action, amid what they described as “historic, massive and unprecedented” scandal involving public works projects.

2 min  |

October 21, 2025

Business World Philippines

Fisherfolk, Makabayan bloc bill to ban commercial fishing in municipal waters

A BILL being prepared by fisherfolk and the Makabayan bloc of Congress will seek to ban commercial fishing operations in municipal waters, citing the need to protect fishing communities.

1 min  |

October 21, 2025

Business World Philippines

Asia shares pulled up by Nikkei rise; China GDP beats

SYDNEY — A surge in the Nikkei led Asian markets higher on Monday as Japan looked close to installing a new prime minister, while a reading on US inflation this week is expected to be no more than a speed bump on the way to further rate cuts there.

2 min  |

October 21, 2025

Business World Philippines

Toronto Blue Jays take down Seattle Mariners, force ALCS Game 7

The Toronto Blue Jays not only got the big hits, but they also made the key fielding plays Sunday night to force Game 7 in the American League Championship Series (ALCS).

2 min  |

October 21, 2025

Business World Philippines

Ovialand, Inc. to sustain regional housing push

OLIVAREZ-LED Ovialand, Inc. (OLI) said it will continue expanding its regional housing projects despite risks.

2 min  |

October 21, 2025
Business World Philippines

Business World Philippines

State-owned Planters Products imports 120,000 bags of fertilizer

THE Department of Agriculture (DA) said Planters Products, Inc. (PPI), its trading and marketing arm, imported 120,000 bags of inorganic fertilizer from Vietnam.

1 min  |

October 21, 2025
Business World Philippines

Business World Philippines

Collaborative efforts to solve the Philippines' housing crisis

MILLIONS OF PEOPLE around the world live their lives in search of a place they can call home. After all, access to adequate shelter remains a challenge, particularly in areas affected by natural disasters, conflict, or rapid urban growth.

5 min  |

October 20, 2025

Business World Philippines

BSP debt yields continue to decline

YIELDS on the Bangko Sentral ng Pilipinas’ short-term securities fell further on Friday as investors continued to show strong demand for the central bank’s liquidity management instruments.

1 min  |

October 20, 2025