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Business World Philippines

Business World Philippines

Alex Eala starts her Asian swing by beating Aliona Falei of Belarus at Jingshan Open, faces Mei Yamaguchi next

TOP-SEEDED Alexandra “Alex” Eala staved off a second-set resistance from Aliona Falei of Belarus, 6-3, 7-5, for a good start in the WTA125 Jingshan Open at the Jingshan International Tennis Tournament Center in China on Tuesday.

1 min  |

September 24, 2025

Business World Philippines

Lodestar stockholders approve digital asset venture, capital hike

LISTED Lodestar Investment Holdings Corp. said on Tuesday that its stockholders had approved amendments to its articles of incorporation to allow investments in digital assets and to raise its authorized capital stock to P3 billion.

1 min  |

September 24, 2025

Business World Philippines

Wall Street indexes post record closing highs; Nvidia, tech shares rally

All three major US stock indexes registered record closing highs for a third straight session on Monday, led by gains in technology shares, with Nvidia gaining after it said it will invest up to $100 billion in OpenAl.

2 min  |

September 24, 2025

Business World Philippines

Gold scales record high as traders see further rate cuts

Oil prices edge lower on concerns of oversupply

1 min  |

September 24, 2025

Business World Philippines

Peso down on safe-haven dollar demand

THE PESO sank on Tuesday as concerns over the health of the French economy drove safe-haven demand for the dollar.

1 min  |

September 24, 2025

Business World Philippines

World leaders rally behind Palestinian statehood at UN

Dozens of world leaders gathered at the United Nations (UN) on Monday to embrace a Palestinian state, a landmark diplomatic shift nearly two years into the Gaza war that faces fierce resistance from Israel and its close ally the United States.

3 min  |

September 24, 2025

Business World Philippines

House panel presses Philippine funding vs China threat

THE US House committee on China has urged Washington to ensure funding for the Philippines to counter Beijing’s “aggressive and destabilizing actions” in the South China Sea, according to a letter to Secretary of State Marco Rubio, which warns cuts could threaten US security interests.

1 min  |

September 24, 2025

Business World Philippines

PSEi drops to 6,100 level amid corruption issues

PHILIPPINE SHARES dropped further on Tuesday, with the main index back at the 6,100 level, as market sentiment was affected by corruption concerns.

2 min  |

September 24, 2025

Business World Philippines

Oil prices edge lower on concerns of oversupply

Oil prices settled marginally lower on Monday as concerns of an oversupply outweighed geopolitical tensions in Russia and the Middle East.

2 min  |

September 24, 2025

Business World Philippines

Marcos signs EO boosting union rights as ILO warns of surge in informal jobs

PRESIDENT Ferdinand R. Marcos, Jr. has signed Executive Order (EO) No. 97, strengthening protections for workers’ rights to unionize and assemble, as the Philippines faces closer scrutiny from the International Labour Organization (ILO) for persistent violations of labor rights.

2 min  |

September 24, 2025

Business World Philippines

UNILEVER RFM ICE CREAM INC., HOME OF SELECTA ICE CREAM, TO BE RENAMED MAGNUM RFM ICE CREAM, INC.

RFM CEO Joey Concepcion confirmed that the Philippines' leading ice cream company which sells the bestselling Selecta Ice Cream, Magnum and Cornetto brands has renamed itself to Magnum RFM Ice Cream, Inc. (MRIC) with RFM CEO Joey Concepcion as Chairman, Wai Fung Loh as President and Vincent \"Bindoy\" Baltazar as CEO.

2 min  |

September 24, 2025

Business World Philippines

WB digital infra loan stalled by late arrival of PHL funding

PHILIPPINE plans to build out its public broadband infrastructure network aided by a $287.24-million World Bank (WB) loan were delayed for nearly a year while the government rounded up the funding for its share of the project cost, the bank said.

1 min  |

September 24, 2025

Business World Philippines

PHL third-hardest hit in Southeast Asia by US tariff shocks - UNDP

THE PHILIPPINES is projected to be the third-most affected economy in Southeast Asia by US tariffs, as its exports to the US are expected to contract by 13%, a United Nations Development Programme (UNDP) report showed.

2 min  |

September 23, 2025

Business World Philippines

On the MAP CEO Academy Training for Management Excellence

To pursue future-ready Filipinos in the complex 21st century, the Management Association of the Philippines (MAP) must return to its raison d'être of promoting management excellence for a progressive Philippines, especially on its 75th Anniversary.

4 min  |

September 23, 2025

Business World Philippines

Business groups urge Marcos to heed public's call for transparency, accountability

BUSINESS GROUPS on Monday urged the Marcos administration to heed the public's call for more transparency and accountability, and to ensure there are meaningful reforms to address corruption.

4 min  |

September 23, 2025

Business World Philippines

Security Bank eyes at least P5B from bond offering

SECURITY BANK Corp. is looking to raise at least P5 billion from an offering of fixed-rate peso-denominated bonds, marking its return to the domestic debt market after over a year.

2 min  |

September 23, 2025

Business World Philippines

House finalizing budget amendments

A HOUSE of Representatives committee on Monday moved to channel billions worth of flood control funds to education and health as they began revising the proposed P6.793-tril-lion national budget for 2026.

4 min  |

September 23, 2025
Business World Philippines

Business World Philippines

T-bill rates drop further on policy easing hopes

THE GOVERNMENT fully awarded the Treasury bills (T-bills) it offered on Monday as rates continued to go down across the board on expectations that benchmark borrowing costs will ease further.

2 min  |

September 23, 2025
Business World Philippines

Business World Philippines

SM Group strengthens business resilience in face of climate threats

SM INVESTMENTS CORP. (SMIC), the country’s largest conglomerate, is planning to ramp up investments to bolster the resilience of its businesses as climate-related risks continue to rise.

3 min  |

September 23, 2025
Business World Philippines

Business World Philippines

Easing inflation, index inclusion hopes boost foreign flows into PHL gov't bonds

SLOWING INFLATION and the country’s potential inclusion in the JPMorgan Chase & Co.’s emerging market government bond index have boosted foreign inflows into Philippine bonds, Nomura Global Markets Research said.

3 min  |

September 23, 2025

Business World Philippines

RLC unit expanding office portfolio with projects in Davao, Dumaguete

ROBINSONS OFFICES, the office leasing arm of Robinsons Land Corp. (RLC), is set to expand its portfolio by around 100,000 square meters (sq.m.) with new developments by next year, including an office project in Dumaguete.

1 min  |

September 23, 2025

Business World Philippines

Soybeans at six-week low on lack of Chinese buying

Chicago soybeans lost more ground on Monday, hitting a six-week low as a phone call last week between US President Donald J. Trump and Chinese President Xi Jinping did not provide any news on agriculture.

1 min  |

September 23, 2025

Business World Philippines

4 major Western nations recognize Palestinian state, to fury of Israel

Britain, Canada, Australia and Portugal all recognized a Palestinian state ‘on Sunday in a move borne out of frustration over the Gaza war and intended to promote a two-state solution, prompting a furious response from Israel.

3 min  |

September 23, 2025

Business World Philippines

Del Monte trading resumes after audit disclaimer clarified

DEL MONTE PACIFIC Ltd. (DMPL) shares resumed trading on Monday after the Philippine Stock Exchange (PSE) lifted a suspension tied to the company’s audit disclaimer.

1 min  |

September 23, 2025

Business World Philippines

Switzerland's Lugano tops FIBA 3x3 Manila Challenger tourney

SWITZERLAND'S Lugano romped off with the FIBA 3x3 Manila Challenger championship as SBP-Mandaluyong emerged the best-performing Philippine crew at eighth place.

1 min  |

September 23, 2025

Business World Philippines

Asian equities edge up; Trump’s visa crackdown keeps sentiment in check

Asian stocks drifted higher and the dollar steadied on Monday, with markets weighing the US Federal Reserve’s monetary policy path after a rate cut last week, while President Donald J. Trump’s immigration crackdown on worker visas kept sentiment in check.

2 min  |

September 23, 2025

Business World Philippines

Maya Bank to focus on underserved sectors, improving services amid growing competition

MAYA BANK, Inc, will focus on underserved sectors like small and medium enterprises (SME) and improving its product offerings and services to drive its growth as it faces heightened competition from other financial technology (fintech) players and digital service providers.

2 min  |

September 23, 2025

Business World Philippines

SPNEC secures P3.78-B loan for Tarlac solar expansion

SP NEW ENERGY CORP. (SPNEC) has secured a P3.78-billion loan from the Philippine National Bank (PNB) to fund the expansion of its solar farm in Tarlac.

1 min  |

September 23, 2025

Business World Philippines

South Asia lived with inequality. Then ‘Nepo Babies’ arrived.

SOUTH ASIA’ relative tranquility has always puzzled outsiders.

3 min  |

September 23, 2025

Business World Philippines

A'ja Wilson wins WNBA MVP for record fourth

A'JA WILSON is the WNBA's first four-time WNBA MVP.

1 min  |

September 23, 2025