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Business World Philippines

Dark horses Japan, US and Slovenia pose as threats to title favorites at FIVB Men's World Championships

JAPAN, the United States and Slovenia could spring some surprises in the FIVB Men's World Championships scheduled from Sept. 12 to 28 at the MOA Arena and Smart Araneta Coliseum.

1 min  |

September 03, 2025

Business World Philippines

FWD Philippines launches two-pay investment-linked insurance plan

FWD LIFE INSURANCE CORP. (FWD Philippines) has introduced its first two-pay investment-linked insurance plan as it seeks to provide Filipinos with more flexible financial protection and investment options.

1 min  |

September 03, 2025

Business World Philippines

Senators mull budget overhaul for DPWH

PHILIPPINE Senators on Tuesday are pushing to amend or delete the proposed 2026 budget of the Department of Public Works and Highways (DPWH) over “red flagged” projects.

2 min  |

September 03, 2025

Business World Philippines

Flood control projects set for rebidding—DPWH

THE Department of Public Works and Highways (DPWH) said the flood control projects that failed during the heavy July rains or turned out to be nonexistent will be subject to new bidding “as soon as possible.”

1 min  |

September 03, 2025
Business World Philippines

Business World Philippines

ERC allows transfer of net-metering credits for property ownership changes

THE Energy Regulatory Commission (ERC) has amended the rules on net metering to streamline and make renewable energy adoption more accessible to qualified end-users, including the rollout of net-metering credits.

1 min  |

September 03, 2025

Business World Philippines

Eagles set to hang banner, open 2025 season against new-look Dallas Cowboys

THE Philadelphia Eagles have the Lombardi Trophy, while the Dallas Cowboys once again own the headlines — for better or worse.

2 min  |

September 03, 2025
Business World Philippines

Business World Philippines

Plays and musicals to watch during the ‘ber’ months

JUST as the year enters the home stretch (and starts the Philippines’ extended Christmas season) the theater scene heats up even more, closing the year with a wide variety of plays and musicals from September to December.

6 min  |

September 03, 2025
Business World Philippines

Business World Philippines

Treasury fully awards reissued bonds after BSP rate reduction

THE GOVERNMENT fully awarded reissued Treasury bonds (T-bonds) on Tuesday at lower yields, as investors placed strong bids after the Bangko Sentral ng Pilipinas’ (BSP) latest policy rate cut and signals that its easing cycle might end soon.

2 min  |

September 03, 2025

Business World Philippines

EU mulling 10-year tax holiday for jet, shipping fuels, draft shows

European Union (EU) countries are considering a 10-year delay to the introduction of EU-wide taxes on aviation and shipping fuels as they seek to push long-delayed energy tax reforms over the line, a draft document seen by Reuters showed.

1 min  |

September 03, 2025

Business World Philippines

PHL taking ‘strategic’ approach to UN General Assembly suit vs China

THE Department of Foreign Affairs (DFA) is taking a “strategic, deliberate and calibrated approach” amid calls for the Philippines to file a United Nations General Assembly (UNGA) resolution on the South China Sea, Manila’s top envoy said on Tuesday.

3 min  |

September 03, 2025

Business World Philippines

SMC disburses P471M from bond proceeds for Bulacan airport

SAN MIGUEL CORP. (SMC) has invested P471.12 million from its P20-billion fixed-rate bond issuance in the New Manila International Airport (NMIA) project in Bulacan.

1 min  |

September 03, 2025
Business World Philippines

Business World Philippines

Maynilad’s Oct. IPO decision signals investor confidence, analysts say

THE DECISION of Maynilad Water Services, Inc. to proceed with its planned P45.77-billion initial public offering (IPO) in October signals renewed investor confidence in the local capital markets, analysts said.

2 min  |

September 03, 2025

Business World Philippines

Pru Life UK unveils 2 insurance plans

PRU LIFE Insurance Corp. of UK Philippines (Pru Life UK) has rolled out two traditional life insurance policies with guaranteed cash payouts and maturity benefits, as part of its strategy to expand the share of traditional products in its portfolio.

1 min  |

September 03, 2025

Business World Philippines

Vitarich eyes 8% breeder output boost from Davao farm deal

LISTED poultry integrator Vitarich Corp. (VITA) aims to increase its breeder output by 8% with the P280-million acquisition of breeder farm facilities in Davao del Sur.

1 min  |

September 03, 2025

Business World Philippines

Inclusive Archaeology: A new look at Ifugao history

TWO NEW BOOKS by the same two authors have come out recently and are major contributions to the understanding of Ifugao culture on the Grand Cordillera mountains of Northern Luzon and a new approach to historical research and archaeology.

3 min  |

September 03, 2025

Business World Philippines

BYD production drops for two months, first time since 2020

BYD’s production slid for a second straight month in August, marking its first consecutive monthly contraction since 2020 in a further sign that the Chinese electric vehicle (EV) giant is putting the brakes on its massive years-long expansion.

1 min  |

September 03, 2025

Business World Philippines

PCCI urges focus on storage, AI in MSME funding

STATE FUNDING for micro, small and medium enterprises (MSME) should prioritize storage and artificial intelligence (AI) adoption, according to the Philippine Chamber of Commerce and Industry (PCCI), citing heightened risks from climate change and disruptive tech.

2 min  |

September 03, 2025

Business World Philippines

DTI pushes coco ventures to boost local, global demand

THE Department of Trade and Industry (DTI) wants more Filipino entrepreneurs to venture into the coconut industry to boost the local market and meet international demand.

2 min  |

September 03, 2025

Business World Philippines

Peso hits one-month low as dollar rises

THE PESO weakened to a more than one-month low against the dollar on Tuesday as the greenback gained strength, supported by a weaker euro and investor anxieties over the UK fiscal position.

2 min  |

September 03, 2025

Business World Philippines

Gold rushes to new peak of $3,500 on US rate cut expectations

Gold sailed past $3,500 per ounce to a record high on Tuesday, as a weaker dollar and mounting expectations of a US Federal Reserve interest rate cut in September boosted the precious metal’s appeal.

1 min  |

September 03, 2025

Business World Philippines

Economic losses from anomalous flood control projects likely hit up to P119 billion, Recto says

CORRUPTION related to flood control projects have cost the Philippines up to P118.5 billion in economic losses since 2023, Finance Secretary Ralph G. Recto said on Tuesday.

1 min  |

September 03, 2025

Business World Philippines

Asian equity markets fall as US greenback steadies

Stocks were muted, the dollar steadied near five-week lows and gold climbed to record highs on Tuesday, as investors awaited economic data this week that could reinforce expectations for a US Federal Reserve rate cut in September.

2 min  |

September 03, 2025
Business World Philippines

Business World Philippines

Protecting place, preserving pride: Why geographical indications matter for the Philippines

From the bold kick of Batangas barako coffee to the sweet tang of Davao’s pomelo, the rich crunch but smooth texture of Bicol’s pili nuts, and the world-famous Guimaras mangoes, dubbed as the sweetest mangoes in the world, the Philippines is home to a remarkable variety of products shaped by its rich land, diverse climate, and colorful tradition.

3 min  |

September 03, 2025

Business World Philippines

North Korea’s Kim Jong Un heads to Beijing by train to attend parade, state media says

North Korean leader Kim Jong Un crossed the border into China on his special train early on Tuesday to attend China’s celebration of the formal surrender of Japan in World War II, North Korean state media said on Tuesday.

2 min  |

September 03, 2025

Business World Philippines

Eala clashes with familiar foe Hartono at Guadalajara opener

ALEXANDRA “ALEX” EALA faces a familiar foe in Arianne Hartono of the Netherlands for the fourth time in Round 1 of the 2025 Guadalajara Open in Mexico.

1 min  |

September 03, 2025

Business World Philippines

Agriculture trade deficit widens 4.9% in July

THE balance of trade in agricultural goods in July came in at a deficit of $929.78 million, widening by 4.9% year on year, the Philippine Statistics Authority (PSA) reported.

1 min  |

September 03, 2025

Business World Philippines

Justice chief to file motion seeking to resolve pending Ombudsman case

JUSTICE SECRETARY Jesus Crispin C. Remulla on Tuesday said that he would file a motion to resolve his pending case before the Office of the Ombudsman amid his bid for its top post.

1 min  |

September 03, 2025

Business World Philippines

Rice importers expected to pass on costs if ordered to maintain reserves

THE Department of Agriculture’s (DA) proposal to require private importers to share the responsibility of maintaining the country’s rice reserves could send retail prices higher, a farmers’ group warned.

2 min  |

September 03, 2025

Business World Philippines

Osaka arrived anew

Naomi Osaka’s story has always been tied to New York. It was here, as a 20-year-old in 2018, that she won her first major title, unflappable in the face of relative inexperience.

2 min  |

September 03, 2025

Business World Philippines

55% of online gamblers unaware of risks from illegal sites – study

MORE THAN half of Filipino online gamblers are unaware of the financial, legal, and privacy risks associated with unregulated gambling platforms, a research firm said on Tuesday.

1 min  |

September 03, 2025