Newspaper
Business World Philippines
Yields on BSP’s seven-day term deposits drop further
THE TERM DEPOSITS offered by the Bangko Sentral ng Pilipinas (BSP) fetched a lower average rate on Wednesday as the offer was met with strong demand, with weak third-quarter gross domestic product (GDP) growth fueling bets of further policy easing.
2 min |
November 13, 2025
Business World Philippines
Central bank posts lower net earnings
THE BANGKO SENTRAL ng Pilipinas (BSP) saw its net profit decline in the first eight months of 2025 as it booked lower revenues.
2 min |
November 13, 2025
Business World Philippines
Yes, let's...
Do whatever it takes to mend ties with China, But without compromising our core values and interests. And without kowtowing either — neither to Beijing nor to Washington.
7 min |
November 13, 2025
Business World Philippines
Peso slumps to new all-time low
THE PESO fell to a new all-time low against the dollar on Wednesday as the dollar was buoyed by hopes of the US government reopening, while the local unit was dragged by expectations of slower growth.
2 min |
November 13, 2025
Business World Philippines
Insurance industry’s combined premiums climb to P372 billion
THEINSURANCE industry saw its premium income rise by 13.25% year on year to P372.08 billion as of end-September, driven by the life insurance sector.
1 min |
November 13, 2025
Business World Philippines
Philippines may take 70 years to catch up with Singapore
THE PHILIPPINE ECONOMY is at risk of further falling behind its Southeast Asian neighbors, an economist said, noting it may take two years to catch up with Vietnam and up to 70 years to catch up with Singapore.
4 min |
November 13, 2025
Business World Philippines
Citi Philippines rolls out AI tools for employees
CITI has rolled out its generative artificial intelligence (AI) tools in its Philippine office to help drive employee productivity and boost innovation amid the digital banking era.
1 min |
November 13, 2025
Business World Philippines
White sugar steadies off fresh 5-year low; cocoa slides
White sugar futures on ICE steadied on Tuesday, having hit five-year lows in the previous session, as investors weighed improved output signals in Brazil against relief over the expected imminent end of the US government shutdown.
1 min |
November 13, 2025
Business World Philippines
SoftBank’s $5.8-B Nvidia stake sale stirs fresh AI bubble fears
SOFTBANK Group's $5.8-billion sale of its Nvidia stake jolted stock markets on Tuesday, stoking fears that the frenzy around artificial intelligence (AI) may have peaked, especially after recent warnings from Wall Street bank chiefs and a famed short seller.
1 min |
November 13, 2025
Business World Philippines
Liza Soberano, the face of Prof. Bengal, talks about her cats
ACTRESS LIZA SOBERANO, who moved to Los Angeles to pursue international stardom, is doing a lot more in her new home.
2 min |
November 13, 2025
Business World Philippines
Salvador and JRU beat EAC to stay in race for NCAA quarters berth
JOSE RIZAL University (JRU) rode on Sean Salvador’s career performance as it repulsed Emilio Aguinaldo College, 69-66, on Wednesday to stay in the race for an outright quarterfinal berth in NCAA Season 101 at the Filoil EcoOil Arena.
1 min |
November 13, 2025
Business World Philippines
AGI sees 34% growth in nine-month profit amid office, mall gains
ANDREW L. TAN-LED conglomerate Alliance Global Group, Inc. (AGI, posted a 34% increase in attributable profit for the first nine months, driven by office and mall operations.
2 min |
November 13, 2025
Business World Philippines
Philippine Business Bank books nine-month net income of P1.52 billion
PHILIPPINE BUSINESS BANK (PBB) booked a net income of P1.52 billion in the first nine months of 2025, it said on Wednesday.
2 min |
November 13, 2025
Business World Philippines
Toyota Motor’s buyout of group company faces new obstacle after investor Elliott takes stake
Toyota Motor’s planned buyout of group firm Toyota Industries is set to face more hurdles after activist investor Elliott Investment Management said it had bought a significant stake in the forklift manufacturer.
2 min |
November 13, 2025
Business World Philippines
DMCI Power eyes P3-billion expansion for thermal power plant in Palawan
OFF-GRID power generator DMCI Power Corp. is proposing a P3-billion expansion of its coal-biomass power plant in Palawan, allowing the facility to generate a total of 30 megawatts (MW).
1 min |
November 13, 2025
Business World Philippines
ICI probe focuses on 80 flood control projects
PHILIPPINE oversight agencies have intensified their scrutiny of the initially flagged 421 infrastructure projects, with particular focus on 80 initiatives
1 min |
November 13, 2025
Business World Philippines
DILG says 25 local gov’t officials left Philippines during typhoons
A TOTAL of 25 local government unit (LGU) officials departed the country in recent weeks amid catastrophic typhoons despite lacking proper travel approvals, the Department of the Interior and Local Government (DILG) said on Wednesday.
3 min |
November 13, 2025
Business World Philippines
Shipbuilding holds potential to employ 100,000 – ambassador
LARGE-SCALE shipbuilding in the Philippines has the potential to create 100,000 skilled jobs, Danish Ambassador to the Philippines Franz-Michael Skjold Mellbin said.
3 min |
November 13, 2025
Business World Philippines
Dinner at the top
IT'S not every day that one gets to have dinner at the top of the highest building in the city right now (the Metrobank Center where the Grand Hyatt Manila is housed in at 318 meters, with more than 60 stories).
3 min |
November 13, 2025
Business World Philippines
The potholes are winning
Typhoon Uwan came and went. And as I drove out on the first day of school after the long “weekend,” I couldn’t help but think that the potholes were actually winning. It’s the same story year in, year out: the rainy season comes and goes, so do the repair crews. But the potholes, they keep coming back.
5 min |
November 13, 2025
Business World Philippines
World Cup parking prices astonish US fans as FIFA charges up to $175
World Cup ticket holders can expect to spend big just to park their cars at next year’s tournament, with prices on FIFA’s official website reaching as much as $175 per parking pass.
1 min |
November 13, 2025
Business World Philippines
Big tech stops complaining, starts complying with Australia’s teen social media ban
Online platforms will ping Australian teenagers through over a million accounts in coming days offering a choice: download data, freeze profiles or lose the lot when a world-first ban on kids using social media starts on Dec. 10.
3 min |
November 13, 2025
Business World Philippines
DA farm-to-market road takeover expected to cut costs 20%, accelerate completion
THE Department of Agriculture (DA) said it expects to speed up construction and save at least 20% once it takes over the farm-to-market road (FMR) program from the Department of Public Works and Highways (DPWH) next year.
1 min |
November 13, 2025
Business World Philippines
Nvidia-backed CoreWeave’s shares fall as data center delay hits annual revenue forecast
COREWEAVE'’S shares tumbled 10% on Tuesday after it scaled back its annual revenue forecast due to data center hiccups despite strong demand for its artificial intelligence (AI) services.
1 min |
November 13, 2025
Business World Philippines
Xi pitches closer ties to Spanish king as Madrid courts China
China's President Xi Jinping told Spain's King Felipe VI on Wednesday that the world's second-largest economy seeks to work with Madrid to boost the global influence of both nations, as the heads of state met in Beijing ahead of a signing ceremony.
2 min |
November 13, 2025
Business World Philippines
SMIC nine-month profit rises to P64.4 billion, led by banks
SY-LED SM Investments Corp. (SMIC) posted a 6% increase in nine-month consolidated net income, driven largely by its banking business.
2 min |
November 13, 2025
Business World Philippines
Google to invest $6.41 billion in cloud infrastructure in Germany
Alphabet’s Google will invest €5.5 billion ($6.41 billion) in Germany in the coming years in a push to expand its infrastructure and data center capacity in Europe's largest economy, company and government officials said on Tuesday.
1 min |
November 13, 2025
Business World Philippines
MPIC’s plan to exit LRT-1 seen raising questions on PPP rail
METRO PACIFIC Investments Corp’s (MPIC) plan to divest its stake in Light Rail Manila Corp. (LRMC), the operator of Light Rail Transit Line 1 (LRT-1), could test investor confidence in public-private partnerships (PPPs) for mass transit, as it highlights the challenges private operators face under the current fare and regulatory framework, analysts said.
3 min |
November 13, 2025
Business World Philippines
Canon announces EOS R6 Mark III mirrorless camera
CANON has announced its latest EOS R mirrorless camera, the full-frame EOS R6 Mark III, which will soon be available in the Philippines.
2 min |
November 13, 2025
Business World Philippines
Marcos: New initiative could cut flooding by 60% in 2026
PRESIDENT Ferdinand R. Marcos, Jr. on Wednesday launched an initiative that could reduce flooding by 60% next year, as the country continues to suffer from widespread flooding that has exposed irregularities in government-led flood mitigation projects.
1 min |