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Business World Philippines
Philippines rejects ‘misleading’ foreign claims on South China Sea boundaries
THE Department of Foreign Affairs (DFA) on Tuesday rejected what it called misleading claims by certain countries about the extent of Philippine territory in the South China Sea, saying these distort historical and legal facts.
2 min |
October 08, 2025
Business World Philippines
Spanish firms being considered for infra, port projects in Casiguran economic zone
THE Aurora Pacific Economic Zone and Freeport Authority (APECO) said it is exploring potential partnerships with Spain’s IDOM Consulting, Engineering, Architecture $.A.U. and Fira Barcelona to develop a logistics hub and port infrastructure in the Casiguran ecozone.
1 min |
October 08, 2025
Business World Philippines
Copper slips from 16-month high as traders book profits
Copper prices slidon Monday after hitting 16-month highs earlier in the session as profit taking triggered by a firmer dollar outweighed concerns about supplies from Chile and Indonesia.
1 min |
October 08, 2025
Business World Philippines
Gold surges anew on Fed rate cut bets
GOLD surged to an all-time high above $3,900 per ounce on Monday, buoyed by growing expectations of a US Federal Reserve rate cut this month, as well as economic and political uncertainty in the US, France and Japan.
1 min |
October 08, 2025
Business World Philippines
S&P 500, Nasdaq reach all-time closing highs on AI dealmaking boost
The S&P 500 and the Nasdaq advanced on Monday, as artificial intelligence (AI)-related dealmaking boosted investor sentiment even as the US government shutdown extended through its sixth day.
2 min |
October 08, 2025
Business World Philippines
Probe body assures no cover-up in flood scandal
THE Independent Commission for Infrastructure (ICI) on Tuesday assured the public that it would not tolerate any cover-up in its investigation of irregularities in flood control projects.
2 min |
October 08, 2025
Business World Philippines
Vivant to study other water sources amid Cebu supply gap
VIVANT WATER, a subsidiary of energy and water conglomerate Vivant Corp., plans to explore other potential sources of potable water aside from desalination to support Metro Cebv’s growing water supply needs.
1 min |
October 08, 2025
Business World Philippines
Jan. rice import window plan under DEPDev review
THE Department of Economy, Planning, and Development (DEPDev) said it is reviewing a proposal to allow rice imports for one month in January and to reimpose the import freeze between February and April next year, Malacañang said on Tuesday.
1 min |
October 08, 2025
Business World Philippines
Tourism, BPOs most affected by Cebu earthquake, BMI says
CEBU's tourism and business process outsourcing (BPO) industries were the most disrupted parts of the province's economy in the wake of the Sept. 30 earthquake, Fitch Solutions' unit BMI said, though the impact on economic growth is expected to be minimal.
1 min |
October 08, 2025
Business World Philippines
Megaworld's big wins highlight sustainability, tourism, best workplace
As the pioneer of integrated townships, largest hotel developer and operator, biggest office landlord, and trailblazer of lifestyle malls in the Philippines, real estate giant Megaworld continues to set the benchmark for real estate excellence in the country.
2 min |
October 08, 2025
Business World Philippines
Trevor Lawrence’s dramatic late TD lifts Jaguars over KC Chiefs
TREVOR LAWRENCE ran for a 1-yard touchdown (TD) with 23 seconds left to give Jacksonville a 31-28 win over the visiting Kansas City (KC) Chiefs on Monday night, as the Jaguars improved to 4-1 for the first time since 2007.
2 min |
October 08, 2025
Business World Philippines
The AI suicide problem knows no borders
HOW ARE Chinese artificial intelligence (AI) developers protecting their most vulnerable users? A string of dystopian headlines in the US about suicide and youth mental health has put mounting pressure on Silicon Valley, but we're not seeing a similar wave of cases in China.
3 min |
October 08, 2025
Business World Philippines
IBM subsidiary urges Philippine manufacturers to boost digital investments for AI integration
SMALL and mid-sized manufacturers in the Philippines need to step up investments in digital infrastructure to better harness artificial intelligence (AI) and turn vast data collections into actionable insights, according to IBM Manufacturing Solutions.
1 min |
October 08, 2025
Business World Philippines
Gas turbine backlog expected to delay PHL LNG expansion
THE ORDER backlog among major suppliers of gas turbines is expected to hamper Philippine plans to transition its energy industry to liquefied natural gas (LNG), the Institute for Energy Economics and Financial Analysis (IEEFA) said.
1 min |
October 08, 2025
Business World Philippines
Gov’t fully awards dual-tranche T-bond offering
THE GOVERNMENT made a full award of the dual-tranche Treasury bonds (T-bonds) it offered on Tuesday at average rates close to comparable secondary market levels following slower-than-expected September inflation.
2 min |
October 08, 2025
Business World Philippines
Marcos appoints Justice secretary as ombudsman
PRESIDENT Ferdinand R. Marcos, Jr. has appointed Justice Secretary Jesus Crispin C. Remulla as ombudsman, filling a key post that has been vacant since the retirement of Samuel R. Martires in July.
1 min |
October 08, 2025
Business World Philippines
MacroAsia breaks ground on P2-B Iloilo water project
MACROASIA CORP. has broken ground on the P2-billion New Earth Iloilo Water Supply Project, which aims to address the rising water demand in Iloilo.
1 min |
October 08, 2025
Business World Philippines
Oil prices rise after OPEC+ hikes production less than expected
Oil prices gained about 1% on Monday after the OPEC+ production increase planned for November was more modest than expected, tempering some concerns about supply additions, though a soft outlook for demand is likely to cap near-term gains.
1 min |
October 08, 2025
Business World Philippines
SEC seeks explanation from Villar Land appraiser over asset valuation
THE Securities and Exchange Commission (SEC) has directed E-Value Phils. Inc,, the appraiser of Villar Land Holdings Corp’s properties, to explain its valuation of assets owned by the Villar Land group as part of an ongoing review of the accuracy of the developer's financial reporting.
1 min |
October 08, 2025
Business World Philippines
Stocks rise on slower-than-expected inflation
PHILIPPINE SHARES rebounded on Tuesday as data showed slower-than-expected inflation in September and as investors went bargain hunting.
2 min |
October 08, 2025
Business World Philippines
AAA winners are meditations on colonial history, faith, and memory
ARTWORKS that ponder Philippine colonial history, personal and collective memory, and expressions of faith came out on top in the 2025 edition of the Ateneo Art Awards (AAA), held last Sunday at the Ateneo Art Gallery of the Ateneo De Manila University in Quezon City.
2 min |
October 08, 2025
Business World Philippines
Crop insurance coverage targeted for expansion to 4.2 million farmers in 2026
THE Department of Agriculture said it requested P8 billion in funding to expand the Philippine Crop Insurance Corp.'s coverage to 4.2 million farmers from the current 2.3 million.
1 min |
October 08, 2025
Business World Philippines
Toyota Financial ends P2-B bond offer ahead of schedule
TOYOTA FINANCIAL Services Philippines Corp. (TFSPH), the automotive financing and leasing arm of listed GT Capital Holdings, Inc., ended the offer period for its P2-billion maiden bond issuance on Oct. 7, earlier than scheduled, citing strong investor demand.
1 min |
October 08, 2025
Business World Philippines
Meralco sees higher generation charge for October
POWER DISTRIBUTOR Manila Electric Co. (Meralco) expects a rise in its generation charge this month, as the peso’s depreciation is seen to drive up the cost of power purchased from its suppliers.
1 min |
October 08, 2025
Business World Philippines
Lorenzo Shipping seeks SEC nod for capital stock hike
LORENZO SHIPPING CORP. is seeking the approval of the Securities and Exchange Commission (SEC) to increase its authorized capital stock following the subscription of National Marine Corp. (NMC).
1 min |
October 08, 2025
Business World Philippines
China takeover of Taiwan would threaten US too
A Chinese takeover of Taiwan would threaten US homeland interests and further embolden Beijing to compete with Washington on the international stage, President Lai Ching-te told a conservative US radio show and podcast in an interview.
2 min |
October 08, 2025
Business World Philippines
OpenAI declares ‘huge focus’ on enterprise growth with array of partnerships
OpenAI touted new partnerships to incorporate its artificial intelligence (AI) products across diverse industries at its developer conference on Monday, aiming to drive the strong momentum ithas enjoyed among consumers to its enterprise business.
2 min |
October 08, 2025
Business World Philippines
US visa no longer a passport to love for Indians after Trump’s H-1B squeeze
Sidhi Sharma wanted to marry an Indian citizen with a high-flying job in the United States.
1 min |
October 08, 2025
Business World Philippines
SEC plans unified lending identification system to improve credit access, stop lending abuses
THE Securities and Exchange Commission (SEC) is looking to introduce a unified lending identification (ULI) system to make it easier for borrowers to access credit and to prevent predatory lending and abusive debt collection practices.
2 min |
October 08, 2025
Business World Philippines
British author Jilly Cooper, famous for novels of sex and snobbery, 88
LONDON — Jilly Cooper, the British author of novels such as Rivals and Riders whose 1980s bestsellers were a blend of sex, satire, and class-based snobbery, has died aged 88, her agent said in a statement on Monday.
2 min |