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Business World Philippines

ARMANI names new board to steer company through succession plan

ITALIAN luxury group Armani said on Friday it had appointed a new eight-member board, keeping three seats for representatives of the family and bringing in veteran industry executives Marco Bizzarri and John Hooks, and Milanese businessman Angelo Moratti.

1 min  |

December 01, 2025

Business World Philippines

Wall Street edges higher in thin post-holiday trade

US STOCKS climbed on Friday in thin trading volume during a shortened session after Thanksgiving, driven by gains in retail and a recovery in tech stocks.

1 min  |

December 01, 2025

Business World Philippines

Global airlines race to fix Airbus jets; US reports little disruption

Global airlines scrambled to fix a software glitch on Airbus A320 jets on Saturday as a partial recall by the European planemaker halted hundreds of flights in Asia and Europe and threatened US travel over the busiest weekend of the year.

2 min  |

December 01, 2025

Business World Philippines

RBEs to be served by dedicated BIR office

THE Bureau of Internal Revenue (BIR) said it expects to roll out a dedicated office servicing registered business enterprises (RBEs) by December, promising simplified filing, payment, and other processes.

1 min  |

December 01, 2025

Business World Philippines

DMW says Benilde campus to boost Aseana City growth

D.M. WENCESLAO and Associates, Inc. (DMW) expects the planned De La Salle-College of Saint Benilde campus in Aseana City to bolster the growth of its 107.5-hectare mixed-use estate in Parafiaque.

1 min  |

December 01, 2025

Business World Philippines

Australia climate change protest disrupts shipping at coal port; 2] arrested

A CLIMATE CHANGE PROTEST off Australia’s east coast on Sunday disrupted operations at one of the country’s biggest coal export ports, prompting 21 arrests, the second protest in two days to disrupt shipping at the Port of Newcastle.

1 min  |

December 01, 2025

Business World Philippines

Thousands march in Philippine protest vs corruption in flood control projects

THOUSANDS of Filipinos marched through the streets of the Philippine capital on Sunday to denounce corruption in the government, intensifying public pressure on authorities to act and hold officials linked to anomalous flood control projects accountable.

3 min  |

December 01, 2025

Business World Philippines

GAMA Professional launches iQ2 Perfetto Hair Dryer

THE ELEGANCE of Italian craft is now in one’s hand with iQ2 Perfetto Hair Dryer, an evolution of the iQ Series Hair Dryer by GAMA Professional.

1 min  |

December 01, 2025

Business World Philippines

BDO shares slip as $500M from dollar bond sale tests appetite

BDO UNIBANK, Ine. was the most actively traded stock on the Philippine Stock Exchange (PSE) last week, with investors closely eyeing the bank's $500-million bond sale, its first offshore debt issue in three years.

2 min  |

December 01, 2025

Business World Philippines

Airlines finish Airbus software update

LOCAL AIRLINES have finished updating the software on their Airbus aircraft after an urgent advisory from the manufacturer prompted carriers to ground several planes.

2 min  |

December 01, 2025

Business World Philippines

ICC to assess if Duterte is fit to stand trial after denial of interim release

THE INTERNATIONAL Criminal Court (ICC) will proceed with the assessment of former President Rodrigo R. Duterte’s fitness to stand trial, a lawyer representing victims of the drug-war killings said on Sunday.

2 min  |

December 01, 2025

Business World Philippines

T-bill, bond rates may be mixed on easing hopes

RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week could end mixed as the market prices in expectations of further monetary easing from both the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve this month.

2 min  |

December 01, 2025

Business World Philippines

MGEN, ACWA to develop 125-MW solar farm in Iloilo

MERALCO POWERGEN Corp. (MGEN) and Saudi Arabia-based ACWA Power are moving forward with a planned 125-megawatt (MW) solar project in Concepcion, Iloilo in central Philippines, marking the first venture under their partnership.

1 min  |

December 01, 2025

Business World Philippines

LeBron happy to play third fiddle

Conventional wisdom predicted the early weeks of the Lakers' new partnership would be messy, and with reason.

2 min  |

December 01, 2025

Business World Philippines

Yields on gov't debt rise on profit taking

YIELDS on government securities (GS) ended mostly higher last week as market players repositioned before the month’s end amid domestic political concerns and with expectations of another rate cut from the Bangko Sentral ng Pilipinas (BSP) this month already priced in.

2 min  |

December 01, 2025

Business World Philippines

Samsung Electronics Philippines unveils Top 10 finalists of Solve for Tomorrow 2025

SAMSUNG ELECTRONICS PHILIPPINES revealed the Top 10 finalists of its global program, Solve for Tomorrow competition — now on its 3 year in the Philippines, and 15 year globally.

2 min  |

December 01, 2025

Business World Philippines

Pistons nearly blow big lead, halt Miami Heat win streak

CADE CUNNINGHAM had 29 points and eight assists as the visiting Detroit Pistons held off the Miami Heat, 138-135, on Saturday.

1 min  |

December 01, 2025

Business World Philippines

Shares may move sideways before key data releases

PHILIPPINE STOCKS may continue to move sideways this week as investors take cues from the upcoming release of key economic data that could bolster bets on a Bangko Sentral ng Pilipinas (BSP) rate cut this month.

2 min  |

December 01, 2025

Business World Philippines

UK plans justice overhaul, to prioritize victims by cutting court delays

Britain’s government is set to propose a criminal justice system overhaul next week aimed at cutting a backlog of nearly 80,000 cases that has left thousands waiting years for justice.

1 min  |

December 01, 2025

Business World Philippines

ICT workers post top national average monthly wage

THE Information and Communications Technology (ICT) industry posted the highest average monthly wage in 2024, according to the results of the Occupational Wages Survey reported by the Philippine Statistics Authority (PSA).

2 min  |

December 01, 2025

Business World Philippines

Anger simmers over Hong Kong deadly blaze as Beijing warns against ‘disruption’ attempts

Anger over a deadly blaze at a Hong Kong high-rise apartment complex simmered on Sunday as Beijing warned against attempts to use the disaster to disrupt the city, while people across the financial hub continued to mourn for the more than 128 victims.

2 min  |

December 01, 2025

Business World Philippines

Dairy tycoon bets on Southeast Asia for next leg of growth

MALAYSIA’S largest dairy producer Farm Fresh Bhd. is stepping up its expansion across Southeast Asia to grab a bigger slice of the region’s more than half a billion consumers.

2 min  |

December 01, 2025

Business World Philippines

Well-known faces to join the royals for Princess Kate’s annual carol service

ACTORS Kate Winslet, Hannah Waddingham and Chiwetel Ejiofor will be among the stars joining the British royals for the annual Christmas carol service at London’s Westminster Abbey hosted by Kate, the Princess of Wales, her office said on Saturday.

1 min  |

December 01, 2025

Business World Philippines

Oil prices slip amid drawn-out Russia-Ukraine peace talks; investors keep eye on OPEC+meeting

Crude futures fell marginally on Friday as investors considered oil’s geopolitical risk premium amid drawn-out Russia-Ukraine peace talks, while keeping an eye on Sunday's Organization of the Petroleum Exporting Countries and allies (OPEC+) meeting for clues about potential output changes.

1 min  |

December 01, 2025
Business World Philippines

Business World Philippines

Uniqlo gives for the holidays

UNIQLO has given thousands of clothes to disaster relief efforts for the recent calamities that have struck the Philippines, as well as to farming communities.

1 min  |

December 01, 2025

Business World Philippines

One-third of Spanish pork export certificates blocked since swine fever outbreak, minister says

About one third of Spanish pork export certificates have been blocked after the first outbreak of swine fever for three decades, Spain’s agriculture minister said on Saturday.

1 min  |

December 01, 2025
Business World Philippines

Business World Philippines

YGG Play Summit 2025 elevates Web3 creators, emphasizes digital upskilling

THE YIELD GUILD GAMES (YGG) Play Summit 2025 drew more than 5,600 local and international in-person attendees from Nov. 19-22 to the SMX Convention Center at SM Aura in Bonifacio Global City, Taguig.

2 min  |

December 01, 2025

Business World Philippines

Fintech platform LenderLink tops local innovation champions in KMC Startup Awards 2025

FOR THE THIRD consecutive year, flexible office spaces and offshore solutions provider KMC Solutions recognized the Philippines’ best and brightest startup companies at the KMC Startup Awards 2025 gala night held last Nov. 13, within the Philippine Startup Week.

2 min  |

December 01, 2025
Business World Philippines

Business World Philippines

ACMobility opens Lucena EV charging station

ACMOBILITY, Ayala's mobility arm and the leading provider of electric vehicle (EV) charging solutions and infrastructure in the Philippines, expanded its nationwide EV charging network with the launch of a new charging station in Lucena City.

2 min  |

December 01, 2025

Business World Philippines

PHL fresh fruit imports seen rising 25% this year

FRESH FRUIT shipments to the Philippines are expected to climb by 25% this year even as the United States’ exports to the country are likely to decline, according to the US Department of Agriculture (USDA).

2 min  |

December 01, 2025
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