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Business World Philippines

BSP likely to stick to small rate hikes as inflation pressures begin to ease

THE BANGKO SENTRAL ng Pilipinas (BSP) will likely take a hawkish but measured stance at this week's policy meeting as the slower-than-expected May inflation print lowered the odds of an outsized hike, Nomura Global Markets Research said.

2 min  |

June 16, 2026

Business World Philippines

On agriculture, fossil fuels, and modernization

A peace deal between the US and Iran was announced yesterday and the official signing will be on Friday, June 19.

3 min  |

June 16, 2026

Business World Philippines

Treasury revives CMBs to manage liquidity needs

THE BUREAU of the Treasury’s (BTr) decision to revive cash management bills (CMBs) for the first time since the pandemic reflects efforts to manage short-term liquidity needs amid elevated interest rates, analysts said.

4 min  |

June 16, 2026

Business World Philippines

OFW remittances rise 2% in April

Cash remittances hit $2.72B in April

4 min  |

June 16, 2026
Business World Philippines

Business World Philippines

Creative industries as an engine of ASEAN economic growth: The business case for ACE-CI

When I built a communications consultancy from the ground up, the raw material was never just strategy or capital; it was creativity.

5 min  |

June 16, 2026
Business World Philippines

Business World Philippines

The AI jobs crisis no one is talking about

SPINNING a good narrative is critical to selling artificial intelligence (AI) these days. But the leaders of today's biggest labs are giving us whiplash by changing their stories on employment.

3 min  |

June 16, 2026

Business World Philippines

DoE sees fuel price relief from US-Iran deal

THE DEPARTMENT of Energy (DoE) on Monday said a preliminary US-Iran deal to end the war and reopen the Strait of Hormuz could pave the way for further declines in local fuel prices, after the news sent global oil prices lower.

2 min  |

June 16, 2026

Business World Philippines

Marcos calls for Congress special session to fast-track social, reform bills

PRESIDENT Ferdinand R. Marcos, Jr. called Congress to a special session starting June 17 to fast-track pending social protection and reform measures, citing urgent needs from a recent Mindanao earthquake and energy challenges.

3 min  |

June 16, 2026

Business World Philippines

ICC fitness check may shape timeline of Duterte trial tied to anti-drug war

THE International Criminal Court’s (ICC) order for a fresh medical exam of former President Rodrigo R. Duterte may determine whether trial proceedings set for Nov. 30 will proceed as scheduled, analysts said.

2 min  |

June 16, 2026
Business World Philippines

Business World Philippines

Turning 40: The Dawn talks legacy

IT’S BEEN 40 years since The Dawn started making music, and they’re still active and ready to showcase their evolution as a band by returning to the concert stage.

3 min  |

June 16, 2026

Business World Philippines

PSE seeks more ETF listings through rule changes

THE PHILIPPINE Stock Exchange (PSE) is preparing a package of reforms aimed at reviving the country’s exchange-traded fund (ETF) market, including measures that would broaden the range of eligible issuers and products, lower capitalization requirements, and allow actively managed ETFs to list on the bourse.

2 min  |

June 16, 2026

Business World Philippines

Cebu Pacific sees softer demand heading into third quarter

CEBU AIR, INC., the operator of budget carrier Cebu Pacific, said it is taking a cautious approach to capacity and pricing as it enters the seasonally slower third quarter after passenger traffic declined in May.

1 min  |

June 16, 2026

Business World Philippines

BIR May collections up 14.15% at P279.14 billion

THE Bureau of Internal Revenue (BIR) said it collected P279.14 billion in gross revenue in May, up 14.15% from a year earlier.

1 min  |

June 16, 2026

Business World Philippines

Asian equity markets and bonds surge, crude oil prices slide on Iran pact

Share markets and bonds rallied hard in Asia on Monday and oil prices tumbled as a tentative peace deal between the United States and Iran promised to ease inflationary pressures globally and lessen the need for higher interest rates.

2 min  |

June 16, 2026

Business World Philippines

ACEN brings in Dutch investor for India solar project

AYALA-LED ACEN Corp. is bringing in a Dutch investor for a solar power project in India as the renewable energy company continues to expand its presence in one of its largest international markets.

1 min  |

June 16, 2026

Business World Philippines

Gold extends gains after US, Iran reach peace deal

GOLD rose more than 2% on Monday after US and Iran officials said they had reached an initial agreement to end their war, pushing oil prices lower and easing concerns about inflation and higher interest rates.

1 min  |

June 16, 2026

Business World Philippines

Retail investors build big dreams on small slices of SpaceX IPO

Individual investors eager for a piece of SpaceX’s mega initial public offering (IPO) on Friday scrutinized their e-mail inboxes and brokerage accounts to see just how big a slice of the pie they received — while others went straight to the open market to scoop them up on day one.

2 min  |

June 16, 2026

Business World Philippines

Grid alerts expected to continue until plants return online by Aug.

THE National Grid Corp. of the Philippines (NGCP) said it expects to keep declaring grid alerts until August, based on the timetable for the restoration of the power plants that experienced forced outages.

1 min  |

June 16, 2026
Business World Philippines

Business World Philippines

McCullough, Brownlee to go at it one final time in Game 7 rubber match

WHEN TNT import Chris “C-Mac” McCullough described it as a title series “that’s going to be remembered for a long time,” it wasn’t an empty sales pitch to bring the crowds in.

2 min  |

June 16, 2026

Business World Philippines

Obiena jumps for silver medal in Dusseldorf Eurowings Flight Circus

MAYBE THE CHANGE of atmosphere is what Filipino pole vault star EJ Obiena needed to change his floundering fortunes for the better.

1 min  |

June 16, 2026

Business World Philippines

Maharlika remits P1.376-billion dividend to Treasury bureau

THE Maharlika Investment Corp. (MIC) said it remitted P1.376 billion to the Bureau of the Treasury, exceeding the 50% minimum dividend requirement for government-owned and -controlled corporations.

1 min  |

June 16, 2026

Business World Philippines

European Central Bank chief Lagarde welcomes Iran deal, but Nagel cautions on lasting inflation

European Central Bank (ECB) President Christine Lagarde on Monday welcomed news of a US-Iran ceasefire, saying it could help reopen the Strait of Hormuz, although fellow policymaker Joachim Nagel cautioned it would bring no immediate relief to high euro zone inflation.

2 min  |

June 16, 2026

Business World Philippines

Clark locators raise concerns about centralized processing of alien work permits in Metro Manila

LOCATORS overseen by Clark Development Corp. (CDC) raised concerns about the ease-of-doing-business impact of the Department of Labor and Employment’s (DoLE) decision to strip regional offices of the power to process work permits for foreigners.

1 min  |

June 16, 2026

Business World Philippines

Victorians called burnout ‘overwork’ — and they cured it by holidaying in France

BURNOUT feels like a thoroughly modern concept — one borne from our age of global digital communication and long office hours. But the Victorians also had an idea of burnout, one they termed ‘overwork.’

4 min  |

June 16, 2026

Business World Philippines

PSEi jumps over 6% as US, Iran agree to end war

THE MAIN INDEX surged by over 6% to march back above the 6,200 line on Monday after the United States and Iran said they are set to sign a peace deal this week to end a near four-month war.

2 min  |

June 16, 2026

Business World Philippines

Peso back at P60 level as US, Iran reach deal

THE PESO jumped back to the P60-a-dollar level on Monday for the first time in over a month after the United States said it reached an interim peace deal with Iran.

2 min  |

June 16, 2026

Business World Philippines

Lazada reports 260% GMV boost from 6.6 sale, back-to-school shopping

E-COMMERCE PLATFORM Lazada Philippines said it posted a 260% increase in gross merchandise value (GMV), with its June sale being met with strong back-to-school demand.

1 min  |

June 16, 2026
Business World Philippines

Business World Philippines

How one man’s fight for survival shaped Asia’s largest dialysis network

Behind Asia's largest dialysis network lies not a conventional corporate blueprint, but a deeply human advocacy born from a young man’s fight for survival.

2 min  |

June 16, 2026

Business World Philippines

PHL outsourcing industry ranked 5th in Ataraxis AI readiness index

THE Philippine outsourcing industry was ranked fifth in artificial intelligence (AI) readiness among all global outsourcing hubs, according to Ataraxis.

2 min  |

June 16, 2026

Business World Philippines

Europe’s top carmakers urge simple ‘Made in Europe’ rules

Automakers Volkswagen, Stellantis and Renault, which account for about 60% of Europe’s car output, are urging the European Union (EU) to adopt a simple “Made in Europe” rule and stronger incentives to boost local production.

1 min  |

June 16, 2026