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Business World Philippines

MIC makes pitch to infra, energy-security investors

THE Maharlika Investment Corp. (MIC) said it engaged with potential investors at the World Economic Forum (WEF) in Davos to gauge their interest in infrastructure, energy security, digitalization and food security projects.

1 min  |

February 17, 2026

Business World Philippines

AUB books record income in 2025

ASIA UNITED BANK Corp.’s (AUB) net income climbed by 12% year on year to a record high in 2025, driven by strong growth in its commercial loans.

1 min  |

February 17, 2026

Business World Philippines

Maya said to weigh US IPO of up to $1B

PHILIPPINE financial technology (fintech) firm Maya is considering a US initial public offering (IPO) that may raise $500 million to $1 billion, according to people familiar with the matter, joining the ranks of Southeast Asian firms seeking to list their shares on overseas exchanges.

1 min  |

February 17, 2026

Business World Philippines

Anthony Edwards, USA Stars prevail in new All-Star Game format

With youth on its side, USA Stars outlasted all challengers to come out on top during the new-look NBA All-Star Game on Sunday.

1 min  |

February 17, 2026

Business World Philippines

Wild New Zealand storm disrupts transport, leaves thousands without power

Heavy rain and strong winds disrupted flights, trains, and ferries, forcing the closure of roads across large parts of New Zealand’s North Island on Monday, while snapping power links to tens of thousands.

1 min  |

February 17, 2026

Business World Philippines

Stock markets subdued in Asia by holidays and dismal Japanese data

Asian shares quietly consolidated recent hefty gains on Monday as the Lunar New Year holiday made for thin trading, while dismal economic data ‘out of Japan took some air out of that booming market.

3 min  |

February 17, 2026

Business World Philippines

CLI to develop Japanese-inspired condo complex in Pasig

VISMIN property developer Cebu Landmasters, Inc. (CLI) is building on its partnership with Singapore-based real estate firm NTT UD Asia Pte. Ltd. (NTTUDA) to develop a mixed-use project in Pasig City, supporting the company’s Luzon expansion.

1 min  |

February 17, 2026

Business World Philippines

Small modular nuclear reactors: What are the issues?

THE PHILIPPINES is seriously considering the introduction of small modular nuclear reactors (SMRs) as part of its long-term energy strategy.

5 min  |

February 17, 2026

Business World Philippines

Bidding for Maharlika Highway rehabilitation targeted for May; construction by June or July

THE Department of Public Works and Highways (DPWH) said it hopes to start the bidding process for the rehabilitation of the Maharlika Highway in May, with construction due to start by June.

1 min  |

February 17, 2026

Business World Philippines

Aerospace firm to manufacture drones in Cavite economic zone

GLOBAL AEROSPACE Technology Philippines, Inc. is set to manufacture unmanned aerial vehicles (UAVs) and aircraft systems in Naic, Cavite, the Philippine Economic Zone Authority (PEZA) said.

1 min  |

February 17, 2026

Business World Philippines

Marcos promises affordable homes at 4PH turnover

PRESIDENT Ferdinand R. Marcos, Jr. on Monday pledged to deliver more affordable houses as he led the turnover of units under the Expanded Pambansang Pabahay Para sa Pilipino (4PH) program in Taytay, Rizal.

1 min  |

February 17, 2026

Business World Philippines

T-bill yields decline further on expected BSP cut

THE GOVERNMENT increased the amount of Treasury bills (T-bills) it awarded on Monday as yields continued to ease ahead of an expected rate cut by the Bangko Sentral ng Pilipinas (BSP) this week.

3 min  |

February 17, 2026
Business World Philippines

Business World Philippines

Megawide plans additional precast plants

MEGAWIDE CONSTRUCTION CORP. plans to build additional precast facilities to support the govern- ment’s expanded Pambansang Pabahay para sa Pilipino (4PH) Program, aiming to sustain employment and help meet housing targets.

2 min  |

February 17, 2026

Business World Philippines

Federal Land to launch new phases of Laguna, Cavite projects

TY-LED property developer Federal Land, Inc. (FLD) plans to launch expansions of two residential projects this year, citing sustained demand for horizontal developments in key locations outside Metro Manila.

1 min  |

February 17, 2026

Business World Philippines

Stocks down on BSP watch, Semirara’s plunge

PHILIPPINE STOCKS closed lower on Monday as investors looked ahead to the Bangko Sentral ng Pilipinas’ (BSP) policy meeting, with declines in share prices of Semirara Mining and Power Corp. (SMPC) and its parent DMCI Holdings, Inc. DMCD, due to the reported non-renewal of the former's coal contract also weighing on sentiment.

2 min  |

February 17, 2026

Business World Philippines

Weak Japan Q4 economic data pose early test for PM Takaichi

Japan’s economy limped back to meager growth in the fourth quarter, significantly missing market expectations in a key test for Prime Minister (PM) Sanae Takaichi’s government as cost-of-living pressures dragon confidence and domestic demand.

3 min  |

February 17, 2026

Business World Philippines

Gold bullion drops as profit-taking weighs

GOLD prices dropped on Monday, pressured by thin trading volumes as US and China markets remained shut due to local public holidays, while some traders booked profits after last session’s 2.5% jump.

1 min  |

February 17, 2026

Business World Philippines

House to fast-track Marcos priority bills, says majority leader

THE House of Representatives is accelerating action on President Ferdinand R. Marcos, Jr’s priority measures, with several bills now nearing plenary deliberation, the chamber’s majority leader said on Monday.

1 min  |

February 17, 2026

Business World Philippines

LME copper, aluminum slip in thin China holiday trade

LONDON COPPER eased on Monday, while aluminum extended losses for a third straight, session as thin trade, with China out for a holiday, weighed on prices.

1 min  |

February 17, 2026

Business World Philippines

Eala advances; Baptiste retires

Next for Eala is world No. 8 Jasmine Paolini of Italy

2 min  |

February 17, 2026

Business World Philippines

Disney sends cease-and-desist to ByteDance over Al-generated videos

DISNEY has sent a cease-and-desist letter to ByteDance accusing the Chinese company of using Disney characters to train and power its Seedance 2.0 artificial intelligence (AI) video generator without permission, a source familiar with the matter told Reuters.

1 min  |

February 17, 2026
Business World Philippines

Business World Philippines

SMPC shares fall on coal contract renewal uncertainty

CONSUNJI-LED Semirara Mining and Power Corp. (SMPC) saw its shares decline by 21.39% on Monday following reports that it failed to secure government approval for the renewal of its coal operating contract covering Semirara Island.

2 min  |

February 17, 2026

Business World Philippines

Peso returns to P57 level as data back Fed easing bets

THE PESO returned to P57-per-dollar level on Monday as softer-than-expected US inflation data supported expectations of more rate cuts by the US Federal Reserve.

1 min  |

February 17, 2026
Business World Philippines

Business World Philippines

Following the blazing trail of the Fire Horse this 2026

THE HORSE is one of mankind's most ancient companions and most illustrious of inspirations.

3 min  |

February 17, 2026

Business World Philippines

Crude prices steady as traders brace for US-lran nuclear talks

Crude oil traded little changed on Monday, with investors weighing the market implications of upcoming US-Tran talks aimed at deescalating tensions against a backdrop of expected OPEC+ supply increases.

1 min  |

February 17, 2026
Business World Philippines

Business World Philippines

To win over Asia, Canada needs more than nice speeches

CANADA is on a public-relations roll.

3 min  |

February 17, 2026

Business World Philippines

US prefab housing firm Hive Modular eyes hotel, housing projects in Philippines

HIVE MODULAR, an American startup producing sustainable prefabricated homes, is in talks with local residential and hospitality developers to roll out modular units nationwide, citing growing demand for sustainable construction.

1 min  |

February 17, 2026

Business World Philippines

Globe Telecom partners with AC Logistics for nationwide logistics

AYALA-LED Globe Telecom, Inc. has partnered with AC Logistics Holdings Corp. to streamline its nationwide logistics and operations, designating the latter as its preferred warehousing provider.

1 min  |

February 17, 2026

Business World Philippines

Agri, Tourism dep’ts sign farm tourism agreement

THE departments of Agriculture (DA) and Tourism signed a memorandum of agreement on Monday to expand farm tourism and strengthen the links between the food production industry and travel.

1 min  |

February 17, 2026

Business World Philippines

Filinvest Land eyes P11.57B from retail bond offer

GOTIANUN-LED property developer Filinvest Land, Inc. (FLI) said it plans to raise P11.57 billion through a retail bond offer as the company seeks to support expansion outside Metro Manila.

1 min  |

February 17, 2026