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Business World Philippines

Business World Philippines

Future-proofing communities through sustainable developments

ABOUT 49% of Filipinos now live in urban barangays, and roughly 36% of them stay in informal settlements, according to the United Nations.

5 min  |

October 10, 2025

Business World Philippines

PHL stocks fall on surprise BSP cut, profit taking

PHILIPPINE STOCKS dropped anew on Thursday on profit taking after the market’s two-day climb and as the central bank delivered a surprise rate cut, noting that the economic outlook has softened as the ongoing corruption scandal has affected business sentiment.

2 min  |

October 10, 2025

Business World Philippines

HAPPY BIRTHDAY, TAIWAN!

Born in 1911, I am the Republic of China known to my friends as Taiwan.

1 min  |

October 10, 2025

Business World Philippines

SoftBank Group to buy ABB’s robot business for $5.4 billion

SoftBank Group has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4-billion deal, as the Japanese investor forges ahead with a strategy to fuse robotics and artificial intelligence (AI).

2 min  |

October 10, 2025

Business World Philippines

German carmaker BMW’s shares drop after profit forecast cut on tariffs, China weakness

BMW shares fell as much as 7% on Wednesday after the luxury automaker cut its 2025 earnings forecast, citing delays in US and German customs refunds and continued weakness in China as trade tensions cloud its prospects.

1 min  |

October 10, 2025

Business World Philippines

BPOs reject work-safety claims after Cebu quake

THE information technology and business process management (IT-BPM) industry association said companies accused of forcing their employers to work in the days after the Cebu earthquake should not have been named without prior investigation.

2 min  |

October 10, 2025

Business World Philippines

China honing abilities for a possible future attack, Taiwan defense report warns

China is increasing military activities near Taiwan and honing its ability to stage a surprise attack, as well as seeking to undermine trust in the government with “hybrid” online warfare tactics, the island’s defense ministry said on Thursday.

2 min  |

October 10, 2025

Business World Philippines

RLC taps P3.51-B REIT proceeds for office, residential developments

ROBINSONS LAND CORP. (RLC) has used P3.51 billion from a recent block placement of shares in its real estate investment trust unit RL Commercial REIT, Inc. (RCR) to fund office, residential, and hotel developments.

1 min  |

October 10, 2025

Business World Philippines

DA lifts ban on imports of live poultry from six countries

THE Department of Agriculture (DA) said it lifted a poultry import ban imposed on Azerbaijan, Kazakhstan, Saudi Arabia, Slovenia, Sweden, and the Malaysian states of Kelantan and Sabah.

1 min  |

October 10, 2025

Business World Philippines

Gregorio Araneta, Inc. sells 57% stake in PhilWeb for P1.8 billion

GREGORIO ARANETA, Inc. (GAINC) has sold its 57% controlling stake in publicly listed PhilWeb Corp. to holding companies Nexora Holdings, Inc. and Velora Holdings, Inc.

1 min  |

October 10, 2025
Business World Philippines

Business World Philippines

Manila Water adds 56 facilities to program that lowers energy costs

MANILA WATER Company, Inc. has enrolled 56 more facilities in the retail aggregation program (RAP), bringing its total to 214 sites and allowing the company to cut energy costs and increase its use of renewable power.

1 min  |

October 10, 2025

Business World Philippines

Sanae Takaichi’s jab at the Bank of Japan’s independence may face political reality check

A pledge by Japan’s next likely prime minister to reassert government sway over the central bank has fanned worries about political interference in monetary policy, however, a weak yen and politics could limit any such push.

2 min  |

October 10, 2025

Business World Philippines

Israeli hostages may be released Saturday after Gaza ceasefire deal

Israeli hostages may be released as early as Saturday under a US plan to end the war in Gaza and the country’s military will complete the first part of a partial withdrawal from the enclave within 24 hours of the deal being signed, said a source briefed on details of the agreement.

4 min  |

October 10, 2025

Business World Philippines

A’ja Wilson’s last-second jumper sends Las Vegas Aces to 3-0 Finals lead

Las Vegas coach Becky Hammon had a succinct summary of her final play call on Wednesday.

2 min  |

October 10, 2025

Business World Philippines

PXP shares surge 19% on new service contract awards

SHARES OF PXP Energy Corp. jumped 19.01% or P0.54 on Thursday, closing at P3.38, following the Philippine government's award of new petroleum service contracts (SC) covering the Sulu Sea and Northwest Palawan.

1 min  |

October 10, 2025

Business World Philippines

Public Works department flags 421 'ghost' projects after nationwide audit

THE GOVERNMENT has found 421 “ghost” infrastructure projects across the Philippines after validating about 8,000 public works, the Department of Public Works and Highways (DPWH) said on Thursday, marking one of the biggest corruption red flags uncovered under the Marcos administration.

3 min  |

October 10, 2025

Business World Philippines

Mindanao airports being readied to handle planes as large as regional jets

THE Department of Transportation (DoTr) said it is undertaking the modernization and expansion of airports in Mindanao to prepare them to receive larger aircraft, including regional jets.

1 min  |

October 10, 2025

Business World Philippines

Designing for life: Federal Land's commitment to meaningful spaces

Premier real estate developer Federal Land, Inc. has once again earned a spot among the Top 10 Developers in the Hubexo Asia Awards 2025, a distinction that celebrates the developer's unwavering commitment to building well-crafted, meaningful spaces that elevate everyday living.

1 min  |

October 10, 2025
Business World Philippines

Business World Philippines

ANCHORED ON TRANSPARENCY

Regular Palace briefings guarantee timely official statements and clarifications on key issues from the Office of the President and the PCO.

1 min  |

October 10, 2025

Business World Philippines

Negative list overhaul urged to expand foreign role in infra projects

THE PHILIPPINES should consider relaxing its restrictions on foreign participation in infrastructure procurement to attract more private sector financing, the Organisation for Economic Cooperation and Development (OECD) said.

1 min  |

October 10, 2025

Business World Philippines

China tightens rare earth export controls, targets defense, semiconductor users

BEIJING — China tightened its rare earth export controls on Thursday, expanding restrictions on processing technology, barring unauthorized overseas cooperation and spelling out its intention to limit exports to overseas defense and semiconductor users.

2 min  |

October 10, 2025

Business World Philippines

S&P 500, Nasdaq close higher as tech strength outweighs Fed worries

Technology shares boosted US stocks to a higher close on Wednesday as investors, lacking economic data during the government shutdown, looked to minutes from the US Federal Reserve’s most recent policy meeting for clues to the outlook for interest rates.

2 min  |

October 10, 2025

Business World Philippines

Trump names envoy to PHL amid economic strains

US PRESIDENT Donald J. Trump on Thursday picked a new ambassador to the Philippines, as Washington and Manila navigate economic and security challenges in their decades-old alliance.

2 min  |

October 10, 2025

Business World Philippines

Waste-to-energy auction planned for next year

THE Department of Energy (DoE) said it will launch a green energy auction (GEA) next year dedicated for waste-to-energy (WTE) projects sourcing feedstock from urban areas.

1 min  |

October 10, 2025

Business World Philippines

Peso sinks anew as BSP delivers surprise cut to support growth

THE PESO sank back to the P58 level against the dollar on Thursday after the Bangko Sentral ng Pilipinas (BSP) unexpectedly lowered borrowing costs at its policy meeting.

1 min  |

October 10, 2025
Business World Philippines

Business World Philippines

PAL calls for aviation master plan to boost connectivity, resilience

FLAG CARRIER Philippine Airlines (PAL) is calling for a unified aviation master plan to optimize airport use, improve connectivity, and prepare the country for Asia’s projected travel boom.

1 min  |

October 10, 2025

Business World Philippines

UnionBank to inject P1.5B in capital into City Savings

UNION BANK of the Philippines (UnionBank) will infuse P1.5 billion of fresh capital into its thrift banking arm City Savings Bank, Inc. (CSB) to support its operations.

1 min  |

October 10, 2025

Business World Philippines

Oil prices rise on worries about Russian output, US consumption

Oil prices edged up about 1% to a one-week high on Wednesday as traders expected a lack of progress on a Ukraine peace deal to keep sanctions in place against Moscow, while a weekly report showed growing US oil consumption.

1 min  |

October 10, 2025
Business World Philippines

Business World Philippines

Full-force TNT launches bid for Philippine Cup title in Season 50

TNT feels the itch as it launches a renewed bid for the PBA Philippine Cup title that eluded them in their near-grand slam run the previous season.

2 min  |

October 10, 2025

Business World Philippines

Community relations: Turning goodwill into good business

We'd like to jumpstart our community relations program which was put on hold when its manager resigned. How do we make it profitable for us? Please advise. — Foxy Roxy.

3 min  |

October 10, 2025