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Business World Philippines

Mitchell, Fever never trail to force Game 3 with Dream

KELSEY MITCHELL scored 19 points, Aliyah Boston had 15 and the Indiana Fever avoided elimination by defeating the Atlanta Dream 77-60 in Game 2 of their best-of-three playoff series on Tuesday night in Indianapolis.

1 min  |

September 18, 2025

Business World Philippines

Control over the internet highway

Big telecommunications players once bristled at the idea of open access, or allowing smaller internet providers to piggyback on their systems.

5 min  |

September 18, 2025

Business World Philippines

Gold scales above $3,700 for first time

GOLD vaulted past $3,700 an ounce levels for the first time on Tuesday as rising bets on a rate cut by the US Federal Reserve this week fueled a rally that has been stoked by safe-haven demand, central bank buying and a weaker dollar.

1 min  |

September 18, 2025

Business World Philippines

UE coach Chris Gavina eyes UAAP 88 Final Four

REVIVING the long-lost winning tradition of the University of the East (UE) is the ultimate goal for new head coach Chris Gavina.

2 min  |

September 18, 2025

Business World Philippines

Lease, e-governance laws deemed investor-friendly – foreign chambers

AMENDMENTS to the Investor's Lease Act have enhanced the investment climate, the Joint Foreign Chambers (JFC) said.

1 min  |

September 18, 2025
Business World Philippines

Business World Philippines

Japan’s Sumitomo to acquire 15% stake in PHINMA’s Philcement

JAPANESE cement firm Sumitomo Osaka Cement Co., Ltd. will acquire a 15% stake in PHINMA Corp. subsidiary Philcement Corp. as the local company seeks to expand its manufacturing operations.

1 min  |

September 18, 2025

Business World Philippines

DEPDev pushing for amendments to feeding program, coco levy laws

THE Department of Economy, Planning, and Development (DEPDev) asked legislators to amend legislation governing the national feeding program and the coconut levy fund, citing implementation constraints that hinder service delivery and farmer access.

1 min  |

September 18, 2025

Business World Philippines

Regulator lifts trading suspension on Philcomsat Holdings

THE Securities and Exchange Commission (SEC) has lifted the suspension on the trading of Philcomsat Holdings Corp. (PHC) shares after the company complied with regulatory requirements.

1 min  |

September 18, 2025

Business World Philippines

FAO: Farmers key to preserving heritage practices, biodiversity

THE Food and Agriculture Organization (FAO) said farmers play a key role in food security by preserving traditional knowledge and biodiversity.

1 min  |

September 18, 2025

Business World Philippines

UK and US agree $42-B tech pact to mark Trump’ visit

Britain and the United States have agreed a technology pact to boost ties in artificial intelligence (AD), quantum computing and civil nuclear energy, with top US firms led by Microsoft pledging £31 billion ($42 billion) in UK investments.

2 min  |

September 18, 2025

Business World Philippines

DoF seeking P38-B budget for 2026

THE Department of Finance (DoF) is proposing a 2026 budget of P37.78 billion as it works to digitalize its operations.

1 min  |

September 18, 2025

Business World Philippines

Speaker Romualdez quits amid flood control scandal, replaced by Rep. Dy

SPEAKER Ferdinand Martin G. Romualdez resigned on Wednesday amid mounting criticism of his alleged role in the Philippines' multibillion-peso flood control scandal, triggering a leadership shakeup in the House of Representatives just a week after a similar change in the Senate.

3 min  |

September 18, 2025

Business World Philippines

It's all in the mind

PSYCHIC INCOME, as a tool for motivating people, may have already been abandoned.

3 min  |

September 18, 2025

Business World Philippines

PSE index jumps to 6,200 level on rate cut hopes

PHILIPPINE STOCKS rose on Wednesday, pushing the main index back to the 6,200 level, on hopes of more interest rate cuts here and in the United States.

2 min  |

September 18, 2025

Business World Philippines

Oil prices rise as Ukraine attacks may disrupt Russian fuel supplies

Oil prices rose over a dollar a barrel on Tuesday, as traders weighed the possibility that Russian supplies may be disrupted by Ukrainian drone attacks on its ports and refineries, and awaited the US Federal Reserve's, decision on US interest rates.

1 min  |

September 18, 2025

Business World Philippines

Nissan to shut design studios in US, Brazil and downsize London, Japan operations

NISSAN Motor will close its design centers in California and Sao Paulo and scale back operations in London and Japan as part of a realignment of its global design organization, the company said on Tuesday.

1 min  |

September 18, 2025

Business World Philippines

DoH invites private sector to manage government hospitals

THE Department of Health (DoH) said it plans to bring in private partners to take on the operations and maintenance (O&M) of government hospitals.

2 min  |

September 18, 2025

Business World Philippines

Grab driver incentive program to be monitored one more year — PCC

THE Philippine Competition Commission (PCC) said it extended the review period of Grab’s driver incentive system by another year.

1 min  |

September 18, 2025

Business World Philippines

Wall St. ends lower as investors turn cautious ahead of Fed decision

WALL STREET’S three main stock indexes ended lower in choppy trading on Tuesday as caution set in ahead of an anticipated interest rate cut from the US Federal Reserve.

2 min  |

September 18, 2025

Business World Philippines

PLDT, Camarines Sur gov’t team up on Starlink connectivity

PLDT INC,, through its corporate arm PLDT Enterprise, has partnered with the provincial government of Camarines Sur to deploy Starlink’s Low-Earth-Orbit (LEO) satellite technology, the company said.

1 min  |

September 18, 2025

Business World Philippines

Tropical Depression Mirasol disrupts north, may intensify into storm

TROPICAL Depression Mirasol swept across Northern Luzon on Wednesday after making landfall in Aurora, forcing storm signals across more than a dozen provinces and raising the risk of heavier rains and flooding in the coming days, the state weather bureau said.

2 min  |

September 18, 2025

Business World Philippines

SEC flags Iloilo perfume firm C’PRENEUR’S investment offers

THE Securities and Exchange Commission (SEC) has issued an advisory against C’PRENEUR Perfume Trading, which it said has been soliciting investments without the required registration or license.

2 min  |

September 18, 2025

Business World Philippines

Japan won’t recognize a Palestinian state given US ties, media report says

Japan will not recognize a Palestinian state for now, a decision likely taken to maintain relations with the United States and to avoid a hardening of Israel's attitude, the Asahi newspaper reported on Wednesday, citing unidentified government sources.

1 min  |

September 18, 2025

Business World Philippines

Adtech company FreakOut Philippines looking to increase its AI investments

FREAKOUT Philippines, Inc., an advertising technology (adtech) company, is looking to invest in more artificial intelligence (AI) tools to help in brand promotion and work alongside human creatives.

2 min  |

September 18, 2025

Business World Philippines

US, China reach agreement to keep TikTok operating in US

President Donald J. Trump on Tuesday announced an agreement between the US and China to keep TikTok operating in the United States, with three sources familiar with the matter saying the deal was similar to one discussed earlier this year.

3 min  |

September 18, 2025

Business World Philippines

The rise of the Baguio Business Club

It was providential that the inauguration of the Baguio Business Club (BBC) coincided with the establishment of the Metropolitan BLISTT Development Authority (MBLISTTDA) and the appointment of a very qualified Head of the Authority in the person of Assistant Secretary Maria Monica C. Costales.

4 min  |

September 17, 2025

Business World Philippines

Philippines may lose P30B from zero-tariff deal on US goods

THE PHILIPPINES risks losing as much as P30 billion in revenues if the government implements a zero-tariff scheme on selected American goods, the Bureau of Customs (BoC) told congressmen on Tuesday.

2 min  |

September 17, 2025

Business World Philippines

Playoff mode when division leaders Phillies, Dodgers meet

A PAIR of division leaders will be in playoff mode this week as the Philadelphia Phillies visit the Los Angeles (LA) Dodgers fora three-game series that starts Monday.

2 min  |

September 17, 2025

Business World Philippines

Nuclear supply chain forum convenes in PHL next month

THE GOVERNMENT will host the Philippine International Nuclear Supply Chain Forum (PIN-SCF) on Oct. 2-3 to gather experts and industry representatives as the nuclear industry gathers momentum here.

1 min  |

September 17, 2025

Business World Philippines

Federal Reserve move key to BSP rate cut — Finance chief

THE Bangko Sentral ng Pilipinas (BSP) may deliver one more policy rate cut before year-end, but the move could depend on whether the US Federal Reserve lowers borrowing costs in its meeting this week, Finance Secretary Ralph G. Recto said on Tuesday.

2 min  |

September 17, 2025