Newspaper
Business World Philippines
DFA: 69 Filipinos in US ICE custody
THE DEPARTMENT of Foreign Affairs (DFA) on Wednesday said that about 69 Filipino migrants are in the custody of the US Immigration and Customs Enforcement (ICE) amid the American government's immigration crackdown.
2 min |
August 14, 2025
Business World Philippines
China’s military says it ‘drove away’ US destroyer near Scarborough Shoal
China’s military said on Wednesday it monitored and “drove away” a US destroyer that sailed near the disputed Scarborough Shoal in the busy waterway of the South China Sea, while the US Navy said its action was in line with international law.
1 min |
August 14, 2025
Business World Philippines
Air passenger traffic grows 9.25% in 1st half
AIR PASSENGER traffic rose 9.25% year on year in the first half, as domestic travel grew 10.21%, according to the Civil Aeronautics Board (CAB).
1 min |
August 14, 2025
Business World Philippines
Copper hits 2-week high on US-China trade truce
Copper prices rose on Tuesday to their highest level in over two weeks as relief dominated the mood after the extension of the US-China tariff truce with optimism buoyed by a lower dollar following the release of US inflation data.
1 min |
August 14, 2025
Business World Philippines
CSC taps Chinese partner to build P1.36-billion facility in Mariveles
CONCRETE STONE Corp. (CSC) said it tied up with a Chinese construction solutions provider to develop a P1.36-billion manufacturing facility in Mariveles, Bataan, which will serve both domestic and regional markets.
1 min |
August 14, 2025
Business World Philippines
S&P 500, Nasdaq post record closing highs on moderate inflation rate
The S&P 500 and the Nasdaq scored record closing highs on Tuesday, as news that July inflation rose broadly in line with expectations bolstered bets on a US Federal Reserve interest rate cut next month.
2 min |
August 14, 2025
Business World Philippines
Samsung Philippines, Lobien team up to support firms’ digitalization
SAMSUNG Electronics Philippines Corp, (SEPCO) has partnered with real estate investment strategy firm Lobien Realty Group Inc. (LRG) to help support businesses looking to digitize their operations.
1 min |
August 14, 2025
Business World Philippines
Mexico City restaurant blends zero waste and ancient agriculture
Nestled in a quiet corner in Mexico City’s trendy Condesa neighborhood sits the vine-strewn restaurant Baldío, or barren in English. It has become a draw for its zero-waste kitchen, which means that every scrap of food and leftovers is reused for other purposes.
1 min |
August 14, 2025
Business World Philippines
BoC monitoring ports of entry during rice import freeze
THE Bureau of Customs (BoC) said it will step up its watch for rice imported without authorization during the 60-day import ban.
1 min |
August 14, 2025
Business World Philippines
Security Bank Q2 profit climbs to P3.04 billion
SECURITY Bank Corp/s net income rose by 7.85% year on year in the second quarter on the back of double-digit revenue growth.
2 min |
August 14, 2025
Business World Philippines
PSC and Elite Link to roll out next-gen athlete platform
THE Philippine Sports Commission (PSC) and Elite Link, Inc. will soon launch a mobile application designed to empower the Filipino athlete globally, in a new partnership that signals a bold leap toward a new era of modern, data-driven sports management in the Philippines.
2 min |
August 14, 2025
Business World Philippines
PSEi climbs above 6,300 mark on Fed cut hopes
PHILIPPINE SHARES jumped on Wednesday as the market tracked gains on Wall Street after the July US consumer inflation data released overnight bolstered expectations of a September rate cut by the US Federal Reserve.
2 min |
August 14, 2025
Business World Philippines
MGEN, ACWA Power present RE strategy to President Marcos
EXECUTIVES from Meralco PowerGen Corp. (MGEN) and ACWA Power paid a courtesy call on President Ferdinand R. Marcos Jr. at Malacañang Palace to present their joint strategy for advancing utility-scale renewable energy development in the Philippines.
1 min |
August 14, 2025
Business World Philippines
Trump weighing lawsuit against Fed’s Powell over renovations
US President Donald J. Trump is considering a lawsuit against US Federal Reserve Chair Jerome Powell related to his management of renovations at the Fed’s Washington headquarters, White House spokeswoman Karoline Leavitt said on Tuesday.
1 min |
August 14, 2025
Business World Philippines
NUSTAR Resort & Casino Cebu sets ‘Rhythms of Wellness’ this September
NUSTAR Resort & Casino Cebu unveils “Rhythms of Wellness,” a month-long celebration throughout September dedicated to holistic well-being.
1 min |
August 14, 2025
Business World Philippines
Century Pacific Food Q2 profit rises 4% to P1.99 billion
LISTED food and beverage manufacturer Century Pacific Food, Inc. (CNPF) reported a 4% increase in second-quarter (Q2) net income to P1.99 billion from P1.91 billion a year earlier, driven by stronger performance in its branded segment.
1 min |
August 14, 2025
Business World Philippines
Alcaraz beats Medjedovic in Cincinnati before rain forces games’ suspension
CARLOS ALCARAZ beat Hamad Medjedovic 6-4, 6-4, to reach the Cincinnati Open last 16 on Tuesday, battling the sweltering Ohio heat to notch a tour-leading 50th victory of the season before the evening session was suspended due to rain.
2 min |
August 14, 2025
Business World Philippines
China warns tech firms buying Nvidia H20 AI chips
CHINESE authorities have summoned domestic companies including major internet firms Tencent and ByteDance over their purchases of Nvidia’s chips, asking them to explain their reasons and expressed concerns over information risks, three people familiar with the matter told Reuters.
3 min |
August 14, 2025
Business World Philippines
Samsung hoping to start work on Laguna expansion by January 2026
THE Philippine Economic Zone Authority (PEZA) said Samsung Electronics’ $1-billion expansion project in Laguna is targeted to begin construction by early next year.
2 min |
August 14, 2025
Business World Philippines
Carlos Rodon, NY Yankees fire one-hitter in rout of Twins
CARLOS RODON allowed one hit in seven outstanding innings, Giancarlo Stanton homered and collected four hits, and the New York (NY) Yankees trounced the visiting Minnesota Twins 9-1 on Tuesday.
1 min |
August 14, 2025
Business World Philippines
Banks' bad loan ratio eases in June
THE Philippine banking sector's nonperforming loan (NPL) ratio dropped to a three-month low in June even as banks continued to expand their lending portfolios, Bangko Sentral ng Pilipinas (BSP) data showed.
2 min |
August 13, 2025
Business World Philippines
Meralco power rates climb in August
RESIDENTIAL HOUSEHOLDS in areas served by Manila Electric Co., (Meralco) will see higher electricity bills this month as the power distributor hikes rates due to higher generation and transmission charges.
2 min |
August 13, 2025
Business World Philippines
London copper prices fall
LONDON — Copper prices fell on Monday as Chile allowed mining to resume at Codelco’s El Teniente mine and the dollar strengthened, while the market awaited more clues on the path of interest rates.
1 min |
August 13, 2025
Business World Philippines
2026 budget proposal heads to Congress for deliberation
LAWMAKERS should avoid compromising the proposed P6.793-trillion national budget for next year through congressional insertions, which could undermine the Philippines' fiscal consolidation efforts and hamper growth prospects, analysts said on Tuesday.
4 min |
August 13, 2025
Business World Philippines
DILG bars personnel, LGUs from online gambling
THE Department of the Interior and Local Government (DILG) has barred officials and employees of its central and field office, attached agencies, and local government units (LGUs) from accessing or engaging in any forms of online gambling.
1 min |
August 13, 2025
Business World Philippines
Bank earnings rise 4% in 1st half
PHILIPPINE BANKS’ combined net income grew by 4.14% in the first half as both net interest and non-interest earnings increased year on year.
3 min |
August 13, 2025
Business World Philippines
Allianz PNB Life aims to post double-digit growth in premiums
ALLIANZ PNB Life Insurance, Inc. targets to continue growing its premiums this year and next as it wants to post strong performances across all its product segments.
2 min |
August 13, 2025
Business World Philippines
The Philippines: A global power in seafaring
(Part 1)
4 min |
August 13, 2025
Business World Philippines
BDO likely to sustain record profit, CEO says
BDO UNIBANK, Inc., the Philippines’ biggest lender, expects to sustain record-high earnings this year on broad-based growth in lending, its chief executive said, easing investor worries over the impact of US tariffs.
2 min |
August 13, 2025
Business World Philippines
AI could boost Philippine economy by P1.8 trillion
ARTIFICIAL INTELLIGENCE (AI) technologies can potentially boost the Philippine economy by P1.8 trillion (around $31 billion), as Filipinos increasingly use AI for work and upskilling, according to a report by Google Philippines and consulting firm Public First.
4 min |