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Business World Philippines

Business World Philippines

The Bistro Group, going loca(l)

THE RETURN of Krazy Garlik under The Bistro Group's portfolio signifies Bistro's respect for local culture and its motivation to do more in the local scene (as opposed to their forte, bringing in international franchises).

2 min  |

December 11, 2025

Business World Philippines

Peso edges up before Fed, BSP decisions

THE PESO inched up against the dollar on Wednesday as investors await the policy decisions of the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP).

1 min  |

December 11, 2025

Business World Philippines

Recycling as trade defense

Starting August 2026, Philippine brands that export food, cosmetics, electronics, and other goods to Europe must meet new standards on recyclability, labeling, and empty space. Failure to comply can create new barriers to entry.

5 min  |

December 11, 2025

Business World Philippines

BSP, SEC ink deal on PERA data sharing

THE BANGKO SENTRAL ng Pilipinas (BSP) has signed a memorandum of agreement (MoA) with the Securities and Exchange Commission (SEC) to exchange and manage information on Personal Equity and Retirement Account (PERA) contributors.

1 min  |

December 11, 2025

Business World Philippines

Gold rises; silver hits $60/oz milestone

GOLD GAINED on Tuesday as traders remained optimistic ahead of the US Federal Reserve's interest rate decision, while silver rose to hit an unprecedented $60 per ounce (oz) milestone amid supply constraints.

1 min  |

December 11, 2025

Business World Philippines

ADB approves $400-million loan to improve ease of doing business in the Philippines

THE ASIAN Development Bank (ADB) has approved a $400-million policy-based loan to support the Philippine government's efforts to improve the ease of doing business in the country.

2 min  |

December 11, 2025

Business World Philippines

US stocks end slightly lower as investors await Fed rate decision

THE S&P 500 ended Tuesday’s session slightly lower as investors anticipated that the US Federal Reserve would take a hawkish tone even if it cuts interest rates this week, while JPMorgan was the heaviest drag on the benchmark index after the biggest US bank warned of hefty expenses for 2026.

2 min  |

December 11, 2025

Business World Philippines

Soybean futures extend slide; corn climbs after USDA data

US soybean futures hit their lowest in more than a month on Tuesday, pressured by uncertainty about Chinese demand for US supplies as well as expectations of large South American harvests, analysts said.

1 min  |

December 11, 2025

Business World Philippines

ADB says PHL still likely to post second-fastest growth in Southeast Asia

THE ASIAN Development Bank (ADB) slashed its growth forecasts for the Philippines for this year and 2026 but it is still expected to be the second-fastest growing economy in Southeast Asia.

3 min  |

December 11, 2025

Business World Philippines

Unemployment rate rises to 5%, highest in 3 months

THE NUMBER of jobless Filipinos rose by about 570,000 to 2.54 million in October from a year earlier, even as overall employment increased by 460,000, the Philippine Statistics Authority (PSA) reported on Wednesday, underscoring persistent vulnerabilities in the labor market despite headline job gains.

3 min  |

December 11, 2025

Business World Philippines

Crude prices slide on increasing expectation of interest rate cut

Oil prices edged lower on Tuesday after falling 2% in the previous session, with investors keeping a close eye on peace talks to end Russia's war in Ukraine, concerns about ample supply and a looming decision on US interest rates.

1 min  |

December 11, 2025

Business World Philippines

FDI inflows sink to over 5-year low

NET INFLOWS of foreign direct investments (FDI) into the Philippines plunged to their lowest monthly level in over five years in September, the Bangko Sentral ng Pilipinas (BSP) reported on Wednesday.

3 min  |

December 11, 2025

Business World Philippines

BPI taps Savers Depot as agency banking partner

BANK of the Philippine Islands (BPI has tapped retail chain Savers Depot to help expand its presence in Visayas and Mindanao via agency banking, offering its products and services at the latter’s stores.

1 min  |

December 11, 2025

Business World Philippines

London copper prices slip on profit taking after rally

Copper prices slipped on Tuesday on profit taking from a blistering rally, worries about the prospect of slower US interest rate cuts and concern over Chinese demand.

1 min  |

December 11, 2025

Business World Philippines

Biz chambers call for power to be VAT-exempt

THE exemption of electricity from value-added tax (VAT) will help ease the burden on consumers and improve Philippine competitiveness, business groups said.

1 min  |

December 11, 2025
Business World Philippines

Business World Philippines

IRIS Audio eyes rapid growth next year on strong demand for AI-driven voice tech

IRIS AUDIO TECHNOLOGIES, a London-based company known for its voice isolation technology, is looking to increase its sales in the Philippines to 10,000 users per quarter through 2026, banking on the information technology-business process management's (IT-BPM) industry’s demand for artificial intelligence (AI)-driven voice communication solutions.

1 min  |

December 11, 2025
Business World Philippines

Business World Philippines

'This is the end': Australian teens mourn loss of social media as ban begins

Australian teenagers have taken to social media for the last time to farewell their followers and mourn the loss of the platforms that shaped much of their lives before a world-first ban took effect on Wednesday.

1 min  |

December 11, 2025

Business World Philippines

Angara, Aguda still in Cabinet, Palace says amid fallout from graft scandal

THE Presidential Palace on Wednesday said Education Secretary Juan Edgardo M. Angara and Information and Communications Technology Secretary Henry Rhoel R. Aguda remain part of President Ferdinand R. Marcos, Jr’s Cabinet, denying rumors that the two officials were set for removal over alleged links to the widening graft scandal in public works projects.

2 min  |

December 11, 2025

Business World Philippines

Political analysts seek swift institutionalization of ICI

ANALYSTS are calling on Congress to quickly pass legislation institutional izing the Independent Commission for Infrastructure (ICD, citing the need for apermanent, empowered body to probe corruption in government infrastructure projects.

1 min  |

December 11, 2025

Business World Philippines

Marcos will not certify 2026 budget as urgent

MALACANANG on Wednesday said President Ferdinand R. Marcos, Jr. would not certify the 2026 General Appropriations bill as urgent, marking the first time he has withheld such certification since assuming the presidency in 2022.

1 min  |

December 11, 2025

Business World Philippines

Ovialand targets almost double profit growth

REAL ESTATE developer Ovialand, Inc. expects near-double growth in its net income this year, on the back of strong demand for its premium-affordable housing projects across Luzon, a company official said.

1 min  |

December 11, 2025

Business World Philippines

Trump says he will make phone call to stop renewed Thai-Cambodia fighting

Thailand and Cambodia accused each other of targeting civilians in border attacks on Wednesday, as US President Donald J. Trump said he would make a phone call to stop the fighting and salvage a ceasefire he brokered in July.

2 min  |

December 11, 2025

Business World Philippines

Streets, social media abuzz with 'Tapat Sa'Yo' sticker craze

FROM HIGHWAYS to parking lots and even on social media, the Tapat Sa’yo sticker is sparking curiosity and conversations among road users.

1 min  |

December 11, 2025

Business World Philippines

LOJEL's first PHL concept store unveiled at SM Mall of Asia

GLOBAL TRAVEL lifestyle brand LOJEL has officially opened its first Concept Store in the Philippines at SM Mall of Asia, a serene and thoughtfully designed space that brings the brand's philosophy of intentional, meaningful travel to Manila.

1 min  |

December 11, 2025
Business World Philippines

Business World Philippines

Russian bombers join patrols by Chinese air forces near Japan

Japan has scrambled jets to monitor Russian and Chinese air forces conducting joint patrols around the country, the Japanese defense ministry said late on Tuesday, amid rising tensions between Tokyo and Beijing.

1 min  |

December 11, 2025

Business World Philippines

Bohol's asin tibuok inscribed in UNESCO Intangible Cultural Heritage list

THE BOHOLANO artisanal salt making tradition joins Philippine chants, epics, and weaving onto the Intangible Cultural Heritage (ICH) List of the United Nations Educational, Scientific, and Cultural Organization (UNESCO).

2 min  |

December 11, 2025

Business World Philippines

US backs Japan in dispute with China over radar incident

The US has for the first time criticized China for aiming radars at Japanese military aircraft during a training exercise last week, incidents that the Asian neighbors have given differing accounts of amid escalating tensions.

1 min  |

December 11, 2025

Business World Philippines

EDSA rehab set for 2026 as agencies finalize plan

METRO MANILA‘S traffic agency on Wednesday said it would meet with National Government officials on Dec. 17 to finalize plans for the long-delayed rehabilitation of Epifanio de los Santos Avenue (EDSA), as the administration moves to revive the project in 2026 after resolving issues that stalled earlier efforts.

1 min  |

December 11, 2025

Business World Philippines

SMC releases another P296M for airport project

SAN MIGUEL CORP. (SMC) said it has made an additional P296.48-million disbursement from its P20-billion bond proceeds for the Manila International Airport Project.

1 min  |

December 11, 2025

Business World Philippines

BMW names veteran Nedeljkovic as CEO to tackle China, Tesla

BMW named 30-year company veteran Milan Nedeljkovic as its next chief executive officer (CEO) on Tuesday to replace longtime chief Oliver Zipse, as the German automaker bets on a new generation of electric cars to counter US tariffs, Chinese competition and Tesla.

2 min  |

December 11, 2025

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