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Business World Philippines

PHL pledges full funding for JICA-assisted infrastructure projects

THE Philippine government has committed to fully financing its counterpart share in Japan International Cooperation Agency (JICA)-assisted infrastructure projects, aiming to resolve budget constraints that have delayed implementation.

2 min  |

August 29, 2025

Business World Philippines

Philippines seeking US tariff exemptions for selected exports

THE PHILIPPINES is asking the US to exempt exports of agricultural products and other goods from the 19% tariff imposed by US President Donald J. Trump, a Trade official said on Thursday.

2 min  |

August 29, 2025

Business World Philippines

Radenta Academy receives accreditation from TESDA

RADENTA ACADEMY, the latest brainchild of solutions integrator Radenta Technologies, is now officially recognized as a TESDA-accredited Technical Vocational Institute (TVI).

1 min  |

August 29, 2025

Business World Philippines

Texas Rangers explode for first 20-run game since 2011 in blowout of AL West rival Los Angeles Angels

ADOLIS GARCIA, Joc Pederson, Corey Seager and Kyle Higashioka all had home runs as the surging Texas Rangers took advantage of a dearth of pitching from Los Angeles while pounding the reeling Angels 20-3 on Wednesday to capture a three-game series between the American League (AL) West rivals in Arlington, Texas.

1 min  |

August 29, 2025

Business World Philippines

FNI elects Bravo as chair; Sy takes leave over citizenship issue

LISTED mining company Global Ferronickel Holdings, Inc. (FNI) said its chairman, Joseph C. Sy, has taken a voluntary leave of absence amid questions over his Filipino citizenship.

1 min  |

August 29, 2025
Business World Philippines

Business World Philippines

DITO: Konektadong Pinoy IRR should not kill law’s purpose

DITO TELECOMMUNITY Corp. said it wants to play a role in crafting the implementing rules and regulations (IRR) of the Konektadong Pinoy Act, particularly on data security and privacy, warning that poorly designed rules could “kill the purpose of the law.”

2 min  |

August 29, 2025
Business World Philippines

Business World Philippines

Swimming through history: From the Jordan River to the Dead Sea

IT FELT like I was inside an oven when I waded into the Jordan River — the same river where John the Baptist once immersed Jesus.

5 min  |

August 29, 2025
Business World Philippines

Business World Philippines

ACEN readies 2 GW of solar, wind farms in Australia

ACEN Australia is planning to expand its presence here by developing more than 2 gigawatts direct current (GWdc) of renewable energy (RE) projects over the next three years.

1 min  |

August 29, 2025

Business World Philippines

PHL wraps up naval exercises with allies near contested South China Sea shoal

THE PHILIPPINES ended its joint naval drills with Australia and Canada near a disputed shoal in the South China Sea on Wednesday, signaling tighter defense ties with allies in the contested waters fraught with tension.

1 min  |

August 29, 2025

Business World Philippines

Debate over 14th month pay called a ‘distraction’

THE LABOR movement continues to prioritize the campaign for a P200 daily minimum wage and warned that calls for 14th month pay could serve as a “distraction” from this effort.

1 min  |

August 29, 2025

Business World Philippines

Malaysia plans to convene RCEP summit in October, report says

Malaysia Prime Minister Anwar Ibrahim said he intends to convene a summit of the Regional Comprehensive Economic Partnership (RCEP) in October, local media reported on Wednesday.

1 min  |

August 29, 2025

Business World Philippines

Closet clerk: A manager with zero authority

I work for a medium-sized organization. I feel bad for our department manager who has no authority to approve even small purchases like staplers. He told us that all disbursements, regardless of amount, must be approved by the chief executive officer (CEO). The trouble is that our manager appears unbothered by the situation. What can we do? — White Lotus.

3 min  |

August 29, 2025

Business World Philippines

PHL, Cambodia central banks hold talks on financial sector developments

THE BANGKO SENTRAL ng Pilipinas (BSP) and the National Bank of Cambodia (NBC) met last week to discuss developments and challenges in the financial sector.

1 min  |

August 29, 2025

Business World Philippines

Carlos Alcaraz exercises second-round demons; Djokovic recovers from slow start at US Open

Carlos Alcaraz demolished Mattia Bellucci to banish memories of last year’s shock early exit, while Novak Djokovic shook off a sluggish start to reach the third round on Wednesday and stay on course for a potential semifinal showdown with the Spaniard.

3 min  |

August 29, 2025

Business World Philippines

S&P 500 hits record high close; investors turn to Nvidia results

THE S&P 500 notched a record high close on Wednesday ahead of quarterly results from Nvidia, Wall Street’s most closely watched event this week, which will test the rally that has pushed valuations of artificial intelligence (AI)-related companies to levels that some investors view as too high.

2 min  |

August 29, 2025

Business World Philippines

PPF hosts first PHL Pickleball National C’ship with Skechers Philippines

AS PICKLEBALL continues to win over players of all ages and skill levels in the Philippines, the Philippine Pickleball Federation (PPF), together with partner Skechers Philippines, the global leader in comfort and performance footwear, remains at the heart of the action, supporting the growing passion for pickleball across the country.

1 min  |

August 29, 2025
Business World Philippines

Business World Philippines

Eala exits US Open in loss to Bucsa, joins Sao Paulo Open

ALEXANDRA “ALEX” EALA‘s quest for glory is not ending anytime soon.

2 min  |

August 29, 2025

Business World Philippines

Helped by brand tie-ups, Lego’s first-half sales hit arecord $5.43 billion

Danish toy-maker Lego said on Wednesday its first-half sales rose 12% to a record 34.6 billion Danish crowns ($5.43 billion), as partnerships with other major brands, including Formula One and Jurassic Park, helped it to outperform its peers.

1 min  |

August 29, 2025

Business World Philippines

Peso strengthens vs dollar on BSP rate cut, dovish Fed bets

THE PESO rose slightly against the dollar on Thursday after the Bangko Sentral ng Pilipinas (BSP) delivered a widely-expected rate cut and amid dovish expectations for the US central bank’s easing cycle.

3 min  |

August 29, 2025

Business World Philippines

Oil prices rise on US crude stocks drop, impact of tariffs on India

Oil prices settled higher on Wednesday after data showed a larger-than-expected drop in US crude inventories and as investors weighed the potential impact from new US tariffs on India.

1 min  |

August 29, 2025

Business World Philippines

PAL taps Trip.com for wider ticket access

FLAG CARRIER Philippine Airlines (PAL) has partnered with online travel agency Trip.com to expand its air ticket distribution system.

1 min  |

August 29, 2025

Business World Philippines

PEZA says ‘robust’ pipeline keeps it on pace to hit target

THE Philippine Economic Zone Authority (PEZA) said its project pipeline remains “healthy and robust,” keeping it on track to achieve its target this year after having approved 29 projects in August valued at P14.872 billion.

1 min  |

August 29, 2025

Business World Philippines

DBM backs bigger LGU role in infra projects

THE Department of Budget and Management (DBM) said it will support a provision in the proposed 2026 General Appropriations Act (GAA) that gives local government units (LGUs) an expanded role in shaping infrastructure projects.

1 min  |

August 29, 2025

Business World Philippines

Indonesia will give food firms two years to meet new labeling rules

Indonesia will set a deadline of two years for food and beverage companies to meet new labeling norms for products high in salt, sugar or fat, a government official told Reuters, a move that spells more delays in efforts to curb fast-rising obesity.

2 min  |

August 29, 2025

Business World Philippines

US, allies step up fight against North Korea’s cyber activities

THE US, Japan and South Korea pledged to intensify efforts to block North Korea’s use of overseas information technology (IT) workers to raise money for its weapons programs, warning that Pyongyang’s operatives are using increasingly sophisticated tactics to evade detection.

1 min  |

August 29, 2025

Business World Philippines

No team for Westbrook

Russell Westbrook remains without a team as the National Basketball Association (NBA) calendar edges closer to training camp.

2 min  |

August 29, 2025

Business World Philippines

Ajinomoto factory to rise in Tarlac ecozone

AJINOMOTO Philippines Corp. (APC) is constructing an over P9-billion factory in Tarlac City that will produce flavored seasoning, sauces, and breading mixes.

1 min  |

August 29, 2025

Business World Philippines

Copper breaks four-session win streak on firmer dollar

Copper slipped on Wednesday, breaking four sessions of gains, weighed down by a stronger dollar, rising inventories and concern about demand in China, the top metals consumer.

1 min  |

August 29, 2025
Business World Philippines

Business World Philippines

Staying the course, steering the future

(This is a speech given by Mr. Bernardo before the Bankers Institute of the Philippines, Inc. or BAIPHIL, on Aug. 19 at the Dusit Thani Hotel, Makati City. The theme of the event was “Continuing Partnership to R.LS.E. in Banking — Resilience, Inclusivity. Sustainability, Engagement.” It has been edited for length and clarity.)

5 min  |

August 29, 2025

Business World Philippines

Gold steadies with inflation data in focus

GOLD was little changed on Wednesday as investors closely awaited upcoming _ inflation data for clues on interest rate cuts, while concerns about the US Federal Reserve’s independence lingered after US President Donald J. Trump tried to fire a Fed governor.

1 min  |

August 29, 2025