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Business World Philippines

PCC clears Metanoia-Copper Smelting deal

THE Philippine Competition Commission (PCC) said it approved the transaction between Metanoia South Pte. Ltd. (Metanoia) and Copper Smelting Investments, Ltd. (Copper Smelting).

1 min  |

October 15, 2025

Business World Philippines

Oil prices gain as US, China try to de-escalate trade tensions

Oil prices rose on Monday after assurances that US President Donald J. Trump will meet his Chinese counterpart Xi Jinping later in October, easing a flareup in trade tensions between the world’s top two economies that had pushed crude benchmarks to five-month lows on Friday.

1 min  |

October 15, 2025

Business World Philippines

Seattle Mariners club Blue Jays, sprint out to 2-0 ALCS lead

Jorge Polanco continues to deliver when it counts for the Mariners, and as a result, Seattle heads home with a 2-0 lead in the American League Championship Series (ALCS).

1 min  |

October 15, 2025

Business World Philippines

Customs seeks talks with AmCham, US Embassy over corruption issues

THE Bureau of Customs (BoC) said it is seeking a dialogue with the American Chamber of Commerce of the Philippines (AmCham) and the US Embassy after the agency was tagged in a US report as among the Philippines’ “most corrupt.”

1 min  |

October 15, 2025
Business World Philippines

Business World Philippines

Manny Pangilinan leads honorees at PBA Press Corps Awards Night

Pangilinan named Executive of the Year

2 min  |

October 15, 2025

Business World Philippines

Copper rises as US-China trade tension fears ease

Copper prices jumped on Monday as hopes of easing trade tensions between the US and China and stronger Chinese imports of the industrial metal boosted sentiment, while momentum picked up after US markets opened.

1 min  |

October 15, 2025

Business World Philippines

P4.9-B solar farm to rise in Paoay, Ilocos Norte

RENEWABLE ENERGY developer PacificSun Renewables Corp. is planning to build a P4.9-billion solar power project in Paoay, Ilocos Norte, which could generate up to 120.96 megawatts (MW) of capacity once completed.

1 min  |

October 15, 2025

Business World Philippines

Berde Renewables targets wider renewable portfolio through partnerships

RENEWABLE ENERGY solutions provider Berde Renewables said it is exploring partnerships to expand its renewable energy portfolio in the Philippines.

1 min  |

October 15, 2025

Business World Philippines

Cocoa steadies after hitting 1.5-year lows; sugar plunges

NEW YORK — Cocoa futures steadied on Monday on ICE after an earlier slump to more than 1-1/2-year lows, with weak demand set to help fuel a global surplus in the 2025/26 season.

1 min  |

October 15, 2025
Business World Philippines

Business World Philippines

Al startup links Gen Z to gig work

SERBIZ, an artificial intelligence (AI)-native platform, seeks to help Gen Z and first-time earners find part-time work and earn extra income through AI-powered job matching.

1 min  |

October 15, 2025

Business World Philippines

Philippine, Aussie armies hold drills in Visayas; US reaffirms treaty with PHL

THE PHILIPPINE and Australian armies held defense drills on Monday aimed at bolstering interoperability between the two nations amid shared security concerns over China’s growing assertiveness in the South China Sea.

2 min  |

October 15, 2025
Business World Philippines

Business World Philippines

Nuclear startup to build reactor plant at Manhattan project site

RADIANT Industries, Inc., a California-based nuclear startup, plans to build a factory for its reactors at a site in Tennessee that was once part of the Manhattan Project.

1 min  |

October 15, 2025

Business World Philippines

Peso rises amid trade concerns

THE PESO edged higher against the dollar on Tuesday amid mixed signals on renewed trade tensions between the United States and China and as markets looked for new trading drivers.

4 min  |

October 15, 2025

Business World Philippines

Tropang 5G battle Gin Kings in early clash of titans at PBA 50th season

FIERCE rivals TNT and Barangay Ginebra are back at it on Wednesday in the highlight matchup of the sixth playdate of the PBA’s 50th season at the Smart Araneta Coliseum.

1 min  |

October 15, 2025

Business World Philippines

ILO could face job losses if US does not pay dues

The International Labour Organization (ILO) faces “critical” cash flow problems and could abolish up to 295 posts - about 8% of its workforce - if the United States and other countries do not pay their dues, according to an internal document.

2 min  |

October 15, 2025
Business World Philippines

Business World Philippines

Trump convinced Netanyahu to take a deal

Can he keep him onboard?

4 min  |

October 15, 2025

Business World Philippines

Wall Street surges on Trump’s China views; Broadcom, tech rally

WALL STREE’ main indexes ended sharply higher on Monday, led by gains in Broadcom and other chipmakers, after President Donald J. Trump struck a conciliatory tone about renewed US-China trade tensions, easing investor worries.

2 min  |

October 15, 2025
Business World Philippines

Business World Philippines

DLSU faces UE in must-win duel ahead of UP clash

SINK or swim.

2 min  |

October 15, 2025

Business World Philippines

JPMorgan to invest up to $10 billion in US national security as part of $1.5-trillion pledge

JPMorgan Chase announced plans on Monday to hire bankers and invest up to $10 billion in US companies critical to national security and economic resilience as part of a broader $1.5-trillion pledge.

2 min  |

October 15, 2025

Business World Philippines

Analysts: DigiPlus’ Brazil delay unlikely to affect long-term outlook

DIGIPLUS INTERACTIVE CORP’S decision to pause the soft launch of its Brazilian gaming platform GamePlus may unsettle investors in the short term but reflects a pragmatic move to recalibrate its international strategy for stronger long-term growth, according to analysts.

2 min  |

October 15, 2025

Business World Philippines

IATA warns supply chain woes to hit airline growth

SUPPLY CHAIN bottlenecks are expected to constrain the airline industry’s projected growth as aircraft production delays and rising maintenance costs weigh on carriers’ fleet expansion plans, the International Air Transport Association (IATA) said.

3 min  |

October 15, 2025
Business World Philippines

Business World Philippines

Filipino startup uses Al to cut water leaks

FILIPINO startup Hiraya Technology Solutions, Inc. is using artificial intelligence (AI) to automate water management and reduce leaks in residential and commercial systems, as local utilities move to improve efficiency and cut waste.

1 min  |

October 15, 2025

Business World Philippines

US, China roll out port fees, threatening more turmoil at sea

The United States and China on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world’s two largest economies.

3 min  |

October 15, 2025

Business World Philippines

Scam calls in the Philippines rise over 78% in Q3

SCAM CALLS in the Philippines rose 78.44% quarter on quarter to 62,390 in the three months to September, anti-scam application Whoscall reported.

1 min  |

October 15, 2025

Business World Philippines

Tighter rules for unprogrammed funds sought

THE PHILIPPINES' Finance chief said the proposed 5% cap on unprogrammed funds is excessive, as the Marcos administration faced renewed scrutiny over their use amid a multi-billion-peso infrastructure scandal.

1 min  |

October 15, 2025
Business World Philippines

Business World Philippines

PHL requires $1.79 billion in smart-grid investment — Ember

THE PHILIPPINES will need $1.79 billion in smart-grid investment to follow through on its renewable energy (RE) ambitions, according to energy think tank Ember.

2 min  |

October 15, 2025

Business World Philippines

Agencies urged to directly procure rice ahead of farmer protest in QC

THE Department of Agrarian Reform (DAR) said it is asking government agencies and corporations to directly procure rice from farmers to support them during a time of weak farmgate prices of palay (unmilled rice).

1 min  |

October 15, 2025

Business World Philippines

BSP to extend easing cycle as economy faces ‘uphill climb’

THE BANGKO SENTRAL ng Pilipinas (BSP) will likely continue reducing benchmark interest rates until the first quarter of 2026 amid a weakening economic outlook, Metropolitan Bank & Trust Co. (Metrobank) said.

1 min  |

October 15, 2025

Business World Philippines

Ombudsman reopens public access to officials’ SALN

THE Office of the Ombudsman has restored public access to the statements of assets, liabilities, and net worth (SALN) of government officials, reversing a restrictive policy imposed during the Duterte administration that had limited transparency for more than four years.

2 min  |

October 15, 2025
Business World Philippines

Business World Philippines

IKEA, Ayala Malls partner for Plan and Order Shop

IKEA PHILIPPINES will open its first Plan and Order Shop at TriNoma Mall in Quezon City on Oct. 23 through a partnership with Ayala Malls.

2 min  |

October 15, 2025