Newspaper
Business World Philippines
Petron to expand Bataan terminal to boost aviation fuel capacity
PETRON CORP. is planning to expand the storage capacity of its Limay, Bataan terminal to boost aviation fuel supply and reduce the risk of shortages amid rising demand for Jet A-1 fuel.
1 min |
June 10, 2026
Business World Philippines
Wembanyama pours in 32 as Spurs halve Knicks’ edge in Finals
Victor Wembanyama produced 32 points, eight rebounds, six assists and three blocks on Monday night for the San Antonio Spurs, who got back into the NBA Finals by beating the red-hot New York Knicks, 115-111, in Game 3.
1 min |
June 10, 2026
Business World Philippines
Empire East: Demand remains steady for mid-income condos
EMPIRE EAST LAND Holdings, Inc. said concerns over a potential condominium oversupply do not fully reflect market conditions, particularly in the mid-income segment where demand remains supported by end-users and long-term housing needs.
2 min |
June 10, 2026
Business World Philippines
Canada deemed ‘promising market’ for premium PHL products as FTA looms
THE Department of Trade and Industry (DTI) said it is working to develop the Canadian market for premium Philippine goods like mangoes ahead of the possible conclusion of free trade agreement (FTA) negotiations this year.
1 min |
June 10, 2026
Business World Philippines
SMDC sees ‘great reset’ among Filipino homebuyers
SM DEVELOPMENT CORP. (SMDC) is addressing what it sees as a “great real estate reset” among Filipino homebuyers—a shift from promise to proof, from aspiration to usefulness, from selling a lifestyle to supporting real life.
1 min |
June 10, 2026
Business World Philippines
DTI to revive RACE program of incentives for ICE vehicles
THE Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program will be revived, the Department of Trade and Industry (DTI) said, citing the need to support the internal combustion engine (ICE) vehicle industry due to continuing market demand.
1 min |
June 10, 2026
Business World Philippines
PHL shares recover as Iran and Israel halt attacks
PHILIPPINE SHARES rebounded on Tuesday as tensions between Israel and Iran eased, causing global oil prices to fall anew and boosting risk sentiment.
2 min |
June 10, 2026
Business World Philippines
Gaudi's legacy celebrated by papal visit a century after his humble death
When Catalan architect Antoni Gaudi was fatally struck by a tram in Barcelona in 1926, he did not receive immediate medical attention as onlookers initially thought he was a vagabond.
2 min |
June 10, 2026
Business World Philippines
Alliance Select, Century Pacific pause GenSan operations after quake
TWO LISTED food companies have suspended operations at their General Santos (GenSan) City facilities after a magnitude 7.8 earthquake struck the area on June 8, prompting evacuations, inspections and initial reports of damage to warehouses and inventory.
1 min |
June 10, 2026
Business World Philippines
Abarrientos seen as Best Player of the Conference of Commissioner’s Cup
BARANGAY GINEBRA’S RJ Abarrientos looms as the top bet to capture the Best Player of the Conference (BPC) award of the PBA Season 50 Commissioner’s Cup in rites set before Game 4 on Wednesday.
1 min |
June 10, 2026
Business World Philippines
$100,000 H-1B visa fee is unlawful, US judge rules
A federal judge on Monday struck down a $100,000 fee US President Donald J. Trump imposed on new H-1B visas for highly skilled foreign workers, concluding that it constituted an unlawful tax Congress never authorized.
2 min |
June 10, 2026
Business World Philippines
Meralco rates are flat while fuel prices and political sensationalism are high
Many groups and individuals keep attacking Meralco and other private distribution utilities (DUs) for the increase in electricity prices even if they know that the Middle East war has caused fuel prices to rise.
4 min |
June 09, 2026
Business World Philippines
Philippine equity market risks deeper sentiment drag if IPO drought continues
ANOTHER LACKLUSTER YEAR for initial public offerings (IPOs) could further dampen investor sentiment and reinforce concerns about the Philippine stock market’s appeal, analysts said, as the first five months of 2026 passed without a single IPO.
4 min |
June 09, 2026
Business World Philippines
Chip rout puts South Korea’s ‘ant’ investors to test as margin debt soars
Seoul resident Laura Byun has long preferred US mutual funds over Korean shares, but the KOSPI’s blistering rally changed that and her risk tolerance for debt.
3 min |
June 09, 2026
Business World Philippines
Yields on Treasury bills rise as Middle East conflict escalates
THE GOVERNMENT made a partial award of the Treasury bills it offered on Monday as yields rose due to the latest flare-up in the Middle East conflict and expectations of rate hikes despite slower-than-expected May inflation.
3 min |
June 09, 2026
Business World Philippines
Analysts still see jumbo rate hike
THE BANGKO SENTRAL ng Pilipinas (BSP) may hike by as much as 50 basis points (bps) amid lingering spillover price effects despite the softer-than-expected headline inflation in May, economists said.
3 min |
June 09, 2026
Business World Philippines
PHL resilient but vulnerable to domestic and external shocks
THE PHILIPPINE ECONOMY and financial sector remain resilient, but tighter institutional interconnectedness has heightened the risk of domestic and external shocks spreading more quickly across the system, according to a report by the Financial Stability Coordination Council (FSCC).
3 min |
June 09, 2026
Business World Philippines
Nvidia clinches deals with South Korean tech giants
Nvidia on Monday announced a series of deals in South Korea with tech giants including SK Hynix and Naver as it looks to secure crucial memory chips to power its artificial intelligence (AI) ambitions and entice new customers.
2 min |
June 09, 2026
Business World Philippines
Playing cat-and-mouse with higher education
(Part 1) IN RECENT WEEKS, the upper chamber’s political ruckus has once again demonstrated its unrivaled ability to divert public attention from the more mundane afflictions of the republic.
4 min |
June 09, 2026
Business World Philippines
Turning people, peace, and prosperity into results
The Philippines’ ASEAN Chairship:
6 min |
June 09, 2026
Business World Philippines
BoC collects P80.7 billion in May but misses target by 2.1%
THE BUREAU of Customs (BoC) collected P80.664 billion in revenues in May but fell short of its target due to lower volumes and the temporary suspension of excise taxes on liquefied petroleum gas (LPG) and kerosene.
2 min |
June 09, 2026
Business World Philippines
South Korea's Lee says success of business should be shared, plans surplus tax revenue use
South Korean President Lee Jae-myung said on Monday the gains of business success should be shared throughout society and the government will devise a plan to effectively use the surplus tax revenues generated from the country’s semiconductor sector.
1 min |
June 09, 2026
Business World Philippines
London copper prices near one-week low on continued inflation fears
LONDON COPPER remained near one-week lows on Monday, weighed by weaker Chinese prices and growing expectations that strong US jobs data and higher oil prices could push the US Federal Reserve toward rate hikes.
1 min |
June 09, 2026
Business World Philippines
PSEi sinks to 5,800 range after Israel, Iran strikes
THE MAIN STOCK benchmark dropped to the 5,800 level again on Monday as an escalation in the Middle East conflict roiled markets, driving investors out of risk assets.
2 min |
June 09, 2026
Business World Philippines
House prosecutors push start of impeachment trial, say no basis for dismissal
THE House prosecution panel on Monday asserted that it is ready to proceed with the impeachment trial against Vice-President Sara Duterte-Carpio, while calling on the senator-judges to proceed with the July 6 trial.
2 min |
June 09, 2026
Business World Philippines
PHL being considered as location for producing Egyptian cotton
EGYPT is exploring the possibility of a Philippine production base for weaving Egyptian cotton, the Department of Trade and Industry (DTI) said.
1 min |
June 09, 2026
Business World Philippines
Jollibee keeps options open on global listing as venue review goes on
JOLLIBEE FOODS Corp. (JFC) said it is still evaluating where to list its international business, as it reviews options following reports that it might consider Hong Kong instead of the US for the planned spin-off.
2 min |
June 09, 2026
Business World Philippines
IMF chief warns world isn't ready for shocks that are piling up
Monetary Fund (IMF) Managing Director Kristalina Georgieva said that after facing crisis upon crisis in recent years, the world needs to build foundations that can withstand shocks that have become more frequent.
2 min |
June 09, 2026
Business World Philippines
9 offshore wind bidders advance to infrastructure evaluation stage
NINE BIDDERS have advanced in the first offshore wind auction, proposing to deliver a combined 9.26 gigawatts (GW) of renewable energy capacity, according to the Department of Energy (DoE).
1 min |
June 09, 2026
Business World Philippines
Alex Eala faces Shuai Zhang of China in London Queen's Club
NO REST for the weary champion.
2 min |
