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Business World Philippines

Business World Philippines

Sta. Lucia Land, Onzal Development Corp. partner for Nasugbu project

STA. LUCIA LAND sealed its partnership with Onzal Development Corp. to deliver exciting offerings including a leading food and dining brand in one of Sta. Lucia’s newest properties in Batangas, the Nasugbu Newtown Center.

1 min  |

October 16, 2025

Business World Philippines

Filipinos see US as top ally amid tensions with China

MOST Filipinos view the US as the Philippines’ most dependable ally in managing tensions with China in the South China Sea, a commissioned poll showed on Wednesday, amid growing concerns over Beijing’s increasingly assertive maritime claims.

2 min  |

October 16, 2025

Business World Philippines

UnionDigital deploys liveness solutions to improve protection vs cyberthreats

UNIONDIGITAL Bank, Inc., the digital bank subsidiary of Union Bank of the Philippines, has partnered with identity verification provider iProov to help protect its customers against account takeover and money mule activities.

1 min  |

October 16, 2025

Business World Philippines

Local shares climb further as peso strengthens

PHILIPPINE SHARES extended their winning run to a third consecutive session on Wednesday on improved market sentiment amid the peso’s gains against the dollar and as bargain hunting continued.

2 min  |

October 16, 2025

Business World Philippines

Speaker: House to review asset disclosure rules amid transparency push

SPEAKER Faustino “Bojie” Dy III on Wednesday said the House of Representatives is reviewing its policy on the disclosure of net worth statements, responding to growing calls for greater government transparency.

2 min  |

October 16, 2025

Business World Philippines

2025 budget release hits 96.7% at end of Sept.

THE Department of Budget and Management (DBM) said 96.7% of the 2025 budget had been released at the end of September.

1 min  |

October 16, 2025

Business World Philippines

BPO industry leads agentic Al adoption in PHL

THE BUSINESS process outsourcing (BPO) industry is leading the adoption of agentic artificial intelligence (AI) in the Philippines as companies transition from experimentation to application of AI solutions, the International Business Machines Corp. (IBM) said.

2 min  |

October 16, 2025

Business World Philippines

Peso jumps on dovish Fed, trade woes

THE PESO strengthened against the dollar on Wednesday following rate cut signals from US Federal Reserve Chair Jerome H, Powell and trade tensions between the United States and China.

1 min  |

October 16, 2025

Business World Philippines

Japan’s parliamentary committee yet to agree on Oct. 21 PM vote, Kyodo says

Japan’s parliamentary scheduling committee could not agree on holding a vote to select the next prime minister on Oct. 21, Kyodo news agency reported on Wednesday.

1 min  |

October 16, 2025

Business World Philippines

Mendoza on the brink of winning U14 World Youth Championship

JEMAICAH YAP MENDOZA, a 14-year-old Woman FIDE Master (WFM) from Sta. Rosa, Laguna, is on the cusp of achieving a rare and historic feat in Philippine chess — becoming a world champion.

1 min  |

October 16, 2025

Business World Philippines

Palay, corn Q3 output estimates downgraded

THE Philippine Statistics Authority (PSA) said it scaled back its production forecasts for palay (unmilled rice) and corn in the third quarter after evaluating new data on the standing crop.

1 min  |

October 16, 2025

Business World Philippines

London copper slides on US-China trade tensions

Copper prices fell on Tuesday due to worries about the trade tensions between the United States and China, the world’s two largest economies, with their potential effect on demand prospects for growth-dependent metals.

1 min  |

October 16, 2025
Business World Philippines

Business World Philippines

Yoshinobu Yamamoto, Los Angeles Dodgers shut down Milwaukee Brewers, grab 2-0 NLCS edge

Yoshinobu Yamamoto allowed a homer on the first pitch but did not yield another run over a complete-game three-hitter as the Los Angeles Dodgers earned a 5-1 victory over the Milwaukee Brewers on Tuesday to take a 2-0 lead in the National League Championship Series (NLCS).

1 min  |

October 16, 2025
Business World Philippines

Business World Philippines

SM Prime to open 89th mall in La Union on Oct. 17

LISTED property developer SM Prime Holdings, Inc. (SMPH) will open its new mall in La Union on Oct. 17, expanding its portfolio to 89 malls nationwide as part of its ongoing regional growth strategy.

2 min  |

October 16, 2025

Business World Philippines

Meet the AI chatbots replacing India's call center workers

At a startup office in this Indian city, developers are fine-tuning artificial intelligence chatbots that talk and message like humans.

2 min  |

October 16, 2025
Business World Philippines

Business World Philippines

SMC completes bondholder approval process for part of NAIA financing plan

SAN MIGUEL CORP. (SMC) said it has completed the consent solicitation process for three of its fixed-rate bond series, allowing the company to move forward with plans to use shares in its New NAIA Infra Corp. subsidiary as collateral for project financing.

1 min  |

October 15, 2025
Business World Philippines

Business World Philippines

Art award winners showcase innovation in exhibit as they call out grant delays

ARTWORKS that are “awake and attentive” reflect the strengths of the 2024 batch of recipients of the 13 Artists Awards.

3 min  |

October 15, 2025
Business World Philippines

Business World Philippines

Flood control scam derails credit rating upgrade for PHL

THE FINANCE CHIEF on Tuesday said the multibillion-peso flood control scandal prevented the Philippines from getting a credit rating upgrade from S&P Global Ratings.

2 min  |

October 15, 2025

Business World Philippines

Thailand, Cambodia to sign ceasefire at ASEAN summit, Malaysia minister says

Malaysia and the United States will facilitate a ceasefire agreement between Thailand and Cambodia, Malaysian Foreign Minister Mohamad Hasan said on Tuesday.

1 min  |

October 15, 2025

Business World Philippines

Small sample, big impact: How talking to just five people can improve startup success

AS CANADA navigates an ongoing tariff dispute with the United States, small businesses and startups are emerging as a source of economic growth that could help Canada assert greater independence from its largest trading partner.

1 min  |

October 15, 2025

Business World Philippines

Corruption scandal to slow PHL growth

THE PHILIPPINE ECONOMY may see a slowdown until early 2026 as the controversy over anomalous infrastructure projects dampens government spending, Finance Secretary Ralph G. Recto said on Tuesday.

2 min  |

October 15, 2025

Business World Philippines

Bank secrecy reform needed to curb corruption — BSP

FISCAL TRANSPARENCY reforms, starting with the easing of the bank secrecy law, may help curb corruption more effectively than demonetizing large-value peso bills, the Bangko Sentral ng Pilipinas (BSP) said.

2 min  |

October 15, 2025
Business World Philippines

Business World Philippines

The ABC of fighting corruption: How AI, blockchain, and cybersecurity can rebuild trust in government

Corruption remains the Philippines’ most persistent and corrosive challenge. It diverts resources from schools, hospitals, and roads; undermines investor confidence; and erodes the public’s trust in government.

4 min  |

October 15, 2025

Business World Philippines

Central Luzon garment factory faces closure amid US tariffs, rising wages

A GARMENT FACTORY in Central Luzon is facing closure, as rising labor costs and increasing pressure from US tariffs weigh on its operations, an industry group said.

2 min  |

October 15, 2025

Business World Philippines

Gold scales $4,100 level on trade jitters

GOLD broke through $4,100 per ounce for the first time on Monday, hitting another record high on renewed US-China trade tensions and expectations of US interest rate cuts, while silver also rose to an all-time high.

1 min  |

October 15, 2025

Business World Philippines

Farm drone demos planned via 'learning hubs'

THE Philippine Rice Research Institute (PhilRice) said it will begin its rice farming drone rollout via demonstrations at a network of \"learning hubs.

1 min  |

October 15, 2025

Business World Philippines

James-less Lakers

If there's anything the runup to the 2025-26 campaign has underscored for the Lakers yet again, it's that time makes no exceptions.

2 min  |

October 15, 2025

Business World Philippines

Ex-Speaker appears before ICI, denies kickback claims

LEYTE REP. Ferdinand Martin G. Romualdez on Tuesday appeared before the Independent Commission for Infrastructure (ICI), submitting an affidavit that detailed his role in the budget process as the body pressed ahead with its probe into alleged kickbacks from flood control projects.

1 min  |

October 15, 2025

Business World Philippines

Five carmakers go on trial in UK over diesel emission cheat claims

Some of the world’s biggest carmakers manipulated diesel emissions tests because they “would rather cheat than comply with the law,” lawyers for over 1.6 million claimants told London’s High Court on Monday, at the start of a huge trial.

2 min  |

October 15, 2025

Business World Philippines

Australia to make next billion-dollar AUKUS payment ‘shortly’

Australia will make a second billion-dollar payment to boost US nuclear submarine shipyards soon, Defense Industry Minister Pat Conroy said in Washington on Tuesday, ahead of an official visit by Prime Minister Anthony Albanese next week.

1 min  |

October 15, 2025