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Business World Philippines

Gold holds steady; silver scales new high

GOLD PRICES held steady on Wednesday, buoyed by weak private payrolls data that reinforced expectations of a US interest rate cut next week, while silver hit a fresh record high.

1 min  |

December 05, 2025

Business World Philippines

Filipinos seek to ensure heirs’ financial security

NEARLY 80% of Filipinos said financial security is their top priority in legacy planning, but most fear that wealth may not last beyond their immediate heirs due to the lack of literacy, according to a survey by Sun Life Asia.

3 min  |

December 05, 2025

Business World Philippines

Growth slump may drag until 2027 — Deutsche Bank

THE PHILIPPINES’ economic slowdown may extend through 2027, raising the odds of deeper monetary easing by the Bangko Sentral ng Pilipinas (BSP), according to Deutsche Bank Research.

2 min  |

December 05, 2025

Business World Philippines

ECCP: Trade, investment to rise in next 4 years

ABOUT EIGHT of 10 European companies operating in the Philippines expect trade and investment activity to increase over the next four years, the European Chamber of Commerce of the Philippines (ECCP) said, even asa corruption scandal involving flood control projects continues to weigh on investor sentiment.

3 min  |

December 05, 2025

Business World Philippines

Ben&Ben, Maki to headline 12th Himala sa Buhangin Festival in Ilocos Norte

The Paoay Sand Dunes are set to come alive again as the Himala sa Buhangin Arts and Music Festival returns for its 12th edition on Dec. 5 and 6.

1 min  |

December 05, 2025

Business World Philippines

Transport dep't to set up services at Clark airport targeting manufacturers

THE Department of Transportation (DoTr) said it signed an agreement with the Bases Conversion and Development Authority (BCDA) to enhance services for Industrial, Manufacturing, Transport (IMT) users of Clark International Airport.

1 min  |

December 05, 2025

Business World Philippines

Trump proposes slashing fuel economy rules to boost gas cars

President Donald J. Trump on Wednesday proposed slashing fuel economy standards that former President Joseph R. Biden had finalized last year, in a push to make it easier for automakers to sell gasoline-powered cars.

3 min  |

December 05, 2025

Business World Philippines

Robusta coffee prices ease; focus on Vietnam harvest

Robusta coffee futures eased on Wednesday as the focus remained on whether recent storms and flooding in top producer Vietnam have dented the harvest outlook.

1 min  |

December 05, 2025

Business World Philippines

How the first Bible to include a map helped spread the idea of countries with borders

Five hundred years ago the first Bible featuring a map was published. The anniversary has passed uncelebrated, but it transformed the way that Bibles were produced.

4 min  |

December 05, 2025

Business World Philippines

Refounding: returning to our beginnings

The Philippines is grappling with a deepening sense of uncertainty. Disclosures of massive corruption in government infrastructure projects, combined with cracks in national leadership, have triggered public frustration and shaken investor confidence. Global turbulence — geopolitical tensions, rising protectionism, and economic slowdown — adds to a bleak horizon.

3 min  |

December 05, 2025
Business World Philippines

Business World Philippines

Regulator revokes Discaya construction firms’ registrations

THE SECURITIES and Exchange Commission (SEC) has revoked the corporate registrations of St. Timothy Construction Corp. and St. Gerrard Construction General Contractor and Development Corp., both owned by the Discaya family, for submitting false beneficial ownership information.

1 min  |

December 05, 2025
Business World Philippines

Business World Philippines

Campbell’s vulgar leak required more than defending its soup

“S--T for f--king poor people” is not the tagline you want people associating with your brand.

3 min  |

December 05, 2025

Business World Philippines

PHL cuts export targets as global risks deepen

THE PHILIPPINES has sharply lowered its export targets for this year until 2028 amid geopolitical tensions, renewed trade barriers, and persistent disruptions in major shipping routes that continue to squeeze global supply chains and dampen demand.

2 min  |

December 05, 2025

Business World Philippines

Kate Winslet teams up with son for directorial debut Goodbye June

Oscar-winning actor Kate Winslet makes her directorial debut with Goodbye June, a holiday season-set drama about a family faced with loss coming together.

2 min  |

December 05, 2025

Business World Philippines

Farm extension services need 20,000 more agriculturists — DA

THE Department of Agriculture (DA) said it needs around 20,000 more agriculturists to adequately staff its extension system and improve support for farmers.

3 min  |

December 05, 2025

Business World Philippines

PSEi sinks to 5,800 level before inflation report

THE MAIN INDEX on Thursday returned to the 5,800 level for the first time in two weeks as cautious sentiment reigned before the release of the latest Philippine inflation data that could influence the Bangko Sentral ng Pilipinas’ (BSP) policy decision next week.

2 min  |

December 05, 2025

Business World Philippines

Senate OKs budget on 2nd reading

THE PHILIPPINE SENATE on Thursday approved on second reading the P6.793-trillion budget for 2026, slashing funds for the Public Works department and cutting deeply into unprogrammed appropriations as lawmakers confront intensifying public anger over corruption allegations in the government's spending process.

3 min  |

December 05, 2025

Business World Philippines

Globe’s ¥20-B loan positions company for 5G growth, BMI says

GLOBE Telecom, Inc.’s ¥20-billion loan signals the telecommunications company’s improved debt servicing capacity and positions it to capture growth in 5G, according to a study by BMI, a unit of Fitch Solutions.

1 min  |

December 05, 2025

Business World Philippines

Tonik Financial raises $12 million to bolster digital bank’s capital position

TONIK FINANCIAL Pte Ltd, the controlling shareholder of Tonik Digital Bank, Inc., has raised $12 million in fresh financing to boost its capital and fund the bank’s continued expansion.

2 min  |

December 05, 2025

Business World Philippines

When not to revise the workers’ Code of Conduct

IN THE WORKPLACE

3 min  |

December 05, 2025
Business World Philippines

Business World Philippines

Resilience is not policy: Why Filipino grit can't fix broken infrastructure

There is no shortage of stories celebrating Filipino resilience. After every storm, flood, or earthquake, we see familiar scenes: families wading through chest-deep waters while smiling for the cameras, neighbors sharing rice and coffee in candlelight, and children turning evacuation centers into playgrounds. It is a powerful image of courage and optimism, a cultural badge of honor.

5 min  |

December 05, 2025

Business World Philippines

Knauf signs up to train construction workers

KNAUF GYPSUM Philippines, Inc. and the Department of Social Welfare and Development said they formalized a partnership aimed at expanding skills training and livelihood opportunities forconstruction workers in Calabarzon.

1 min  |

December 05, 2025

Business World Philippines

Economic impact of typhoons seen as ‘small, temporary’

NATURAL DISASTERS such as typhoons that bring flooding and landslides pose minimal and temporary risks to the Philippines’ economic growth, Capital Economics said.

2 min  |

December 05, 2025
Business World Philippines

Business World Philippines

Wikipedia seeking more AI licensing deals similar to Google tie-up, co-founder Jimmy Wales says

WIKIPEDIA is working with Big Tech on deals similar to its arrangement with Google, the online encyclopedia’s co-founder, Jimmy Wales, said on Wednesday, in a bid to help the firm monetize artificial intelligence (AI) companies’ heavy reliance on its content.

2 min  |

December 05, 2025

Business World Philippines

Flanked by business leaders, Macron meets Xi as EU prepares tougher trade rules

French President Emmanuel Macron met Chinese leader Xi Jinping in Beijing on Thursday, seeking stronger commercial ties, as the European Union (EU) prepares to toughen up its trade rules.

1 min  |

December 05, 2025
Business World Philippines

Business World Philippines

Have a spot of tea with Bantay and Muning

CHINESE MILK TEA brand Chagee, which brought the premium tea bar experience to the Philippines, has introduced a concept store that is inclusive not just to humans.

4 min  |

December 05, 2025
Business World Philippines

Business World Philippines

Doctor in Matthew Perry overdose case sentenced to 2-1/2 years

A California doctor was sentenced to 2-1/2 years in prison on Wednesday for illegally supplying Friends sitcom star Matthew Perry with ketamine, the powerful sedative that caused the actor's drug overdose death in 2023.

2 min  |

December 05, 2025

Business World Philippines

LME copper retreats from peak on firmer US dollar

Copper prices pulled back on Tuesday, pressured by a firmer dollar, lower risk appetite and as investors locked in profits from a rally to a record high touched in the previous session.

1 min  |

December 05, 2025

Business World Philippines

Netherlands-based data center Nebius leverages Microsoft, Meta contracts for AI expansion

Netherlands-based data center operator Nebius will leverage recent multibillion dollar contracts with Microsoft and Meta to build its business with traditional firms and emerging artificial intelligence (AI) companies that could be future tech titans, its co-founder said.

2 min  |

December 05, 2025

Business World Philippines

Chiefs-Cowboys most-watched regular-season game in history

THE GAME between the Kansas City Chiefs and host Dallas Cowboys on Thanksgiving Day drew in an NFL regular-season record audience of 57.23 million viewers on CBS, the network announced on Wednesday.

1 min  |

December 05, 2025