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Business World Philippines

Marcos urges vigilance amid regional tensions as he names new army chief

PRESIDENT Ferdinand R. Marcos, Jr., on Thursday urged his newly appointed Philippine Army chief to show strong leadership and vigilance as the country faces growing global uncertainty and security threats.

2 min  |

August 01, 2025

Business World Philippines

PSEi hits one-month low as tariff deadline looms

THE BENCHMARK INDEX sank tothe 6,200 level on Thursday, hitting a one-month low, as investors were cautious ahead of the Trump administration’s Aug. 1 tariff deadline and after the US Federal Reserve kept rates unchanged.

2 min  |

August 01, 2025

Business World Philippines

Skechers Football takes control of the pitch with new SKX_2 boot

SKECHERS Football returns to the pitch with the next generation of its signature boot—the Skechers SKX_2, featuring an evolved design to help players take control of the ball and control of the game.

1 min  |

August 01, 2025

Business World Philippines

Filipinas eye Women’s World Cup slot despite AFC tough grouping

COACH Mark Torcaso expressed confidence the Filipinas will step up to the plate in the face of a tough group assignment in next year's AFC Women’s Asian Cup (WAC).

1 min  |

August 01, 2025

Business World Philippines

PHL employers to cut salary budgets in 2026 – WTW

PHILIPPINE EMPLOYERS expect to see a decline in their salary budgets in 2026, which could affect potential pay hikes for private sector workers, global advisory firm WTW said.

3 min  |

July 31, 2025

Business World Philippines

Banks' deposit composition may shift due to removal of tax perks

BANKS may see changes in their deposit base as clients could reallocate their funds following the removal of tax perks for long-term deposits under the Capital Markets Efficiency Promotion Act (CMEPA), analysts said.

3 min  |

July 31, 2025

Business World Philippines

DoF warns of P5-B revenue loss if travel tax is eliminated

ANALYSTS are urging the Philippine government to abolish the \"outdated\" travel tax, but the Department of Finance (DoF) has warned this could lead to as much as P5.1 billion in revenue losses.

4 min  |

July 31, 2025

Business World Philippines

US equities close lower on corporate earnings; Fed statement on tap

US stocks closed lower on Tuesday as the S&P 500 and Nasdaq retreated from record highs after some disappointing corporate earnings, while investors awaited a US Federal Reserve policy statement.

2 min  |

July 31, 2025

Business World Philippines

TDF yields drop as BSP hints at August rate cut

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits continued to drop on Wednesday, even as the shorter tenor went undersubscribed, following signals of a potential rate cut next month.

2 min  |

July 31, 2025

Business World Philippines

PHL debt hits record-high P17.27T

THE NATIONAL GOVERNMENT'S (NG) outstanding debt jumped to a fresh high P17.27 trillion as of end-June, data from the Bureau of the Treasury (BTr) showed.

2 min  |

July 31, 2025

Business World Philippines

Trade deficit narrows to $3.95 billion in June

THE Philippines’ trade-in-goods deficit narrowed to $3.95 billion in June, as double-digit export growth was driven by frontloading in the run-up to higher US tariffs, the Philippine Statistics Authority (PSA) said on Wednesday.

4 min  |

July 31, 2025

Business World Philippines

Arabica coffee prices fall as market awaits tariff clarity

Arabica coffee fell on Tuesday but the market continued to lack a clear overall trend as traders waited to see if the US imposes a 50% tariff on imports from Brazil.

1 min  |

July 31, 2025

Business World Philippines

IC sets transition period for MBAs' adoption of updated frameworks

THE INSURANCE COMMISSION (IC) has set a transition period for mutual benefit associations' (MBA) adoption of the new financial reporting and risk-based capital frameworks and reserve valuation standards.

1 min  |

July 31, 2025

Business World Philippines

Wegovy maker Novo’s profit warning triggers $70-billion share rout

Investors wiped $70 billion off Novo Nordisk’s market value on Tuesday after the maker of weight-loss drug Wegovy issued a profit warning and named a new chief executive officer (CEO), as it battles rising competition in the obesity drug market.

1 min  |

July 31, 2025
Business World Philippines

Business World Philippines

Sotto-less Gilas fully harnesses big man Edu for FIBA Asia Cup duty

GILAS Pilipinas coach Tim Cone looks to fully harness the topnotch skills of big man AJ Edu as the Nationals vie for the FIBA Asia Cup mint minus Kai Sotto.

2 min  |

July 31, 2025

Business World Philippines

EDSA rehab start pushed back to 2026 or 2027

REHABILITATION WORK on Epifanio de los Santos Avenue (EDSA), Metro Manila's main circumferential road, is now expected to start as late as 2027, the Department of Public Works and Highways (DPWH) said.

1 min  |

July 31, 2025

Business World Philippines

Microsoft nears OpenAI agreement for ongoing tech access

MICROSOFT Corp. is in advanced talks to land a deal that could give it ongoing access to critical OpenAl technology, an agreement that would remove a major obstacle to the startup’s efforts to become a for-profit enterprise.

3 min  |

July 31, 2025

Business World Philippines

US trade talks weigh on LME copper, trim COMEX premium

Copper prices were little changed on Tuesday as traders awaited the outcome of US trade talks with Chile and China for clarity on a US plan to impose a 50% import tariff on the metal from Friday.

1 min  |

July 31, 2025

Business World Philippines

Rhenz Abando returns to Korean Basketball League for Anyang Red Boosters

RHENZ ABANDO is returning to his ball club Anyang Jung Kwan Jang Red Boosters in the Korean Basketball League (KBL) this season.

1 min  |

July 31, 2025

Business World Philippines

Oil prices surge on US pressure on Russia, trade deal optimism

Oil prices gained more than 3% on Tuesday as President Donald J. Trump ramped up pressure on Russia over its war in Ukraine and on optimism that a trade war between the US and its major trading partners was abating.

1 min  |

July 31, 2025

Business World Philippines

Phivolcs cancels tsunami advisory hours after warning of ‘unusual waves’

THE PHILIPPINES’ seismology agency canceled a tsunami advisory on Wednesday hours after warning that residents in 22 coastal provinces facing the Pacific Ocean might experience unusual sea-level disturbances triggered by amagnitude 8.8 earthquake off Kamchatka, Russia.

2 min  |

July 31, 2025

Business World Philippines

Marcos urged to back SONA education reform promises with action

AN EDUCATION advocacy group on Wednesday urged President Ferdinand R. Marcos, Jr. to turn his reform pledges into tangible action by boosting funding, decentralizing policies and fixing inefficiencies in the Philippine education system.

2 min  |

July 31, 2025

Business World Philippines

Billionaires’ baby boom has lessons for our bust

BIRTH RATES are falling to historic lows across the developed world, and understanding why is a priority for governments worried about the impact on growth and public finances.

3 min  |

July 31, 2025
Business World Philippines

Business World Philippines

Meralco eyeing to build EV charging network

POWER DISTRIBUTOR Manila Electric Co. (Meralco) has entered into a partnership with a Vietnamese electric vehicle (EV) firm and a ride-hailing service provider to support the development of green mobility solutions.

2 min  |

July 31, 2025

Business World Philippines

AI writing assistant Jenni AI sees PHL market as key growth driver

JENNI, Inc. the US-based company that built artificial intelligence (AI)-powered writing assistant Jenni AI, is optimistic about expanding its presence in the Philippines as more universities explore the benefits of using AI tools in the academic setting.

2 min  |

July 31, 2025

Business World Philippines

AmCham backs reforms focused mainly on technology upgrades

THE American Chamber of Commerce of the Philippines (AmCham) urged President Ferdinand R. Marcos, Jr, and the 20\" Congress to work on reforms mainly focused on improving the country’s technology infrastructure to support the goals outlined in the fourth State ofthe Nation Address (SONA).

1 min  |

July 31, 2025

Business World Philippines

Arca, Cu settle for pair of podium finishes at Eastern Asia Youth Chess Championships in Zhuhai, China

FILIPINO FIDE Masters (FM) Christian Gian Karlo Arca and Ivan Travis Cu settled for a pair of podium finishes in separate categories in the rapid event to close out the country's campaign in the 9 Eastern Asia Youth Chess Championships in Zhuhai, Guangdong, China Tuesday.

1 min  |

July 31, 2025

Business World Philippines

Garmin’s new premium fitness watch Venu X1 now in the Philippines

GARMIN’S latest premium fitness smartwatch, the Venu X1, is now available in the Philippines.

1 min  |

July 31, 2025

Business World Philippines

3-Michelin-star Paris restaurant Arpège switches to plant-based dishes

French chef Alain Passard, known for his mastery of roasting techniques, has decided to drop almost all animal products from the menu at his three-Michelin-star restaurant, Arpège.

1 min  |

July 31, 2025

Business World Philippines

From content creator to business enabler

In this plugged-in and socially connected age, we have grown to admire content creators — creative individuals who use their platform for entertainment, for selling, for education, and more.

4 min  |

July 31, 2025