Newspaper
Business World Philippines
Peso up as US finalizes more trade deals
THE PESO extended its climb against the dollar on Thursday amid easing market uncertainty as the United States finalized trade deals with more countries, including the Philippines.
1 min |
July 25, 2025
Business World Philippines
Texas Instruments shares sink as tariff risks cloud chip demand outlook
TEXAS INSTRUMENTS shares sank 11% on Wednesday after executives adopted a markedly cautious tone and issued a weak quarterly profit forecast, intensifying investor concerns over the impact of tariffs.
1 min |
July 25, 2025
Business World Philippines
Gold falls as US and EU near tariff deal
GOLD PRICES extended losses on Wednesday following reports that the US and European Union (EU) were closing in on a 15% tariff deal, dampening safe-haven demand, while silver earlier surged to its highest level since September 2011.
1 min |
July 25, 2025
Business World Philippines
Aboitiz finalizing 40% infra arm stake sale to BlackRock’s GIP
LISTED conglomerate Aboitiz Equity Ventures, Inc. (AEV) said it is finalizing a strategic partnership with Global Infrastructure Partners (GIP), a US-based infrastructure fund manager owned by global asset management giant BlackRock, Inc., for the acquisition of a 40% stake in its infrastructure arm, Aboitiz InfraCapital, Inc.
2 min |
July 25, 2025
Business World Philippines
PHL corn output seen rising on improved pest controls
PHILIPPINE CORN production was projected at 8.30 million metric tons (MMT) in marketing year (MY) 2025/26 due to improved containment measures against the fall armyworm (FAW) pest and stable demand from the feed sector, according to the US Department of Agriculture (USDA).
1 min |
July 25, 2025
Business World Philippines
Peerless will
Given Venus Williams’ sparkling resume, the need for further validation clearly does not factor into her decision to keep playing.
2 min |
July 25, 2025
Business World Philippines
Davao bus project targeted for pilot operations in 2027
THE Department of Transportation (DoTr) said it hopes to launch pilot operations for the Davao Bus project in 2027.
1 min |
July 25, 2025
Business World Philippines
Globe Telecom starts upgrades in Batanes
GLOBE TELECOM, Inc. said it is upgrading its mobile infrastructure network in Batanes to provide high-speed data to its mobile subscribers.
1 min |
July 25, 2025
Business World Philippines
SES in talks to bring satellite telco coverage to rural areas
SATELLITE communications provider SES said it is in talks with telecommunications firms in the Philippines to bring direct-to-device services to close the connectivity gaps in rural areas.
1 min |
July 25, 2025
Business World Philippines
PAGCOR first-half gross gaming revenue hits P215B
THE Philippine Amusement and Gaming Corp. (PAGCOR) said on Thursday that gross gaming revenue (GGR) hit P215 billion in the first half.
1 min |
July 25, 2025
Business World Philippines
BSP, BTr working to strengthen payments, settlements systems
THE BANGKO SENTRAL ng Pilipinas (BSP) and the Bureau of the Treasury (BTr) have signed a memorandum of understanding (MoU) to strengthen their payments and settlements systems.
1 min |
July 25, 2025
Business World Philippines
PSEi down on weaker Philippine growth outlook
THE MAIN INDEX snapped its four-day climb on Thursday as market sentiment was dampened by weaker economic prospects due to global trade uncertainties.
2 min |
July 25, 2025
Business World Philippines
Philippines to tap GCash to sell bite-sized bonds to attract more investors
THE PHILIPPINES is tapping mobile wallet GCash to sell small-denominated government securities, according to the Bureau of the Treasury (BTr), seeking to broaden the investor base as it raises more money to refinance debt and fund the growing economy.
1 min |
July 25, 2025
Business World Philippines
Film and TV director Fritz Ynfante, 84
VETERAN director Francisco “Fritz” Ynfante passed away on July 21 at the age of 84. His death was confirmed by a family member, Peachy Ynfante-Talanay, in an interview with ABS-CBN News the next day.
1 min |
July 25, 2025
Business World Philippines
Green bond issuances dive by almost a third this year amid climate backtracking
The amount of “green” bonds sold by governments, banks and companies has slumped by almost a third this year amid the rollback of climate change policies in the United States and Europe, new figures show
1 min |
July 25, 2025
Business World Philippines
Basic Energy to spend up to P300M on RE project pre-development
LISTED renewable energy (RE) firm Basic Energy Corp. (BEC) has earmarked up to P300 million to finance the pre-development activities for its renewable energy projects in the pipeline over the next two to three years.
1 min |
July 25, 2025
Business World Philippines
2024 healthcare spending rises to 5.9% of GDP
HEALTH spending as a proportion of the economy rose to 5.9% in 2024 as overall spending rose to its highest level in three years, the Philippine Statistics Authority (PSA) reported on Thursday.
1 min |
July 25, 2025
Business World Philippines
Advent-backed NIQ valued at $6.1B as shares slip in NYSE debut
ADVENT-BACKED consumer insights company NIQ Global was valued at $6.1 billion as its shares dipped 3.6% in their New York Stock Exchange (NYSE) debut on Wednesday, marking a rare setback in an otherwise strong stretch for initial public offerings (IPO).
1 min |
July 25, 2025
Business World Philippines
Romualdez set to retain House speakership with supermajority backing
LEYTE REP. Ferdinand Martin G. Romualdez is expected to retain his position as Speaker after receiving near-unanimous support from fellow lawmakers ahead of the opening of the 20\" Congress on July 28, a congresswoman said on Thursday.
2 min |
July 25, 2025
Business World Philippines
Classes remain suspended as Emong intensifies; storm surge alerts raised
CLASSES at all levels in Metro Manila and several provinces have been suspended on July 25 due to the effects of ‘Typhoon Emong, the Department of the Interior and Local Government (DILG) said on Thursday.
4 min |
July 25, 2025
Business World Philippines
Grid operator OKs connection of solar plant in Negros Occidental
ABOITIZ RENEWABLES, INC., the renewable energy subsidiary of Aboitiz Power Corp. (Aboitiz-Power), has received approval from the grid operator to connect its 137.4-megawatt alternating current (MWac) solar power facility in Negros Occidental.
1 min |
July 25, 2025
Business World Philippines
Crude prices steady as investors rate EU, US trade development
Oil prices were little changed on Wednesday as investors assessed trade developments between the European Union (EU) and the US after President Donald J. Trump reached a tariff deal with Japan.
1 min |
July 25, 2025
Business World Philippines
MPAV acquires coconut processor Franklin Baker
METRO PACIFIC AGRO VENTURES, Inc. (MPAV) is expanding its presence in the local coconut export industry through the acquisition of coconut processor Franklin Baker Group of Companies (Franklin Baker).
2 min |
July 25, 2025
Business World Philippines
Keeping benefits affordable starts with healthcare
PHILIPPINE EMPLOYERS are grappling with offering benefits to drive worker retention and satisfaction, while also managing the expense of the benefits on offer, particularly healthcare, risk and employment consultancy WTW reported.
1 min |
July 25, 2025
Business World Philippines
Top stars and directors head to Venice for high-powered 2025 festival
HOLLYWOOD STARS, Oscar-winning directors, Asian heavyweights and European auteurs will vie for top honors at this year's stellar Venice Film Festival, all looking to make a splash at the start of the awards season.
2 min |
July 25, 2025
Business World Philippines
Eala faces familiar foes in National Bank Open in Montreal, Canada
ALEXANDRA “ALEX” EALA is in line to face familiar opponents in the National Bank Open in Montreal, Canada starting this weekend as part of her buildup for another Grand Slam shot in the US Open next month.
1 min |
July 25, 2025
Business World Philippines
Publisher McGraw Hill raises $415M in US IPO
US PUBLISHER McGraw Hill, backed by investment firm Platinum Equity, said on Wednesday ithad raised $414.63 million in its initial public offering (IPO) in the United States.
1 min |
July 25, 2025
Business World Philippines
Gaming industry backs national sports campaigns
AS DEBATES heighten over the future of online gaming in the Philippines, one truth is often overlooked: the industry plays a vital role in funding Filipino athletes’ journeys to the world’s biggest sporting stages. Companies like DigiPlus Interactive Corp., through its sports entertainment brand, ArenaPlus, have quietly fueled the dreams of Olympic hopefuls, making victories for the country possible.
1 min |
July 25, 2025
Business World Philippines
South Korea police raid offices of K-pop powerhouse HYBE over share probe
South Korean police raided offices at the headquarters of K-pop agency HYBE on Thursday over allegations of unfair share trading involving the company chairman, a source familiar with the matter said.
1 min |
July 25, 2025
Business World Philippines
S&P 500, Nasdaq rally to record highs on trade deals optimism
THE S&P 500 and Nasdaq notched record high closes on Wednesday, lifted by Nvidia and GE Vernova, as the European Union (EU) and the US appeared headed toward a trade deal similar to an agreement President Donald J. Trump struck with Japan.
2 min |