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Business World Philippines
SMIC nine-month profit rises to P64.4 billion, led by banks
SY-LED SM Investments Corp. (SMIC) posted a 6% increase in nine-month consolidated net income, driven largely by its banking business.
2 min |
November 13, 2025
Business World Philippines
Google to invest $6.41 billion in cloud infrastructure in Germany
Alphabet’s Google will invest €5.5 billion ($6.41 billion) in Germany in the coming years in a push to expand its infrastructure and data center capacity in Europe's largest economy, company and government officials said on Tuesday.
1 min |
November 13, 2025
Business World Philippines
MPIC’s plan to exit LRT-1 seen raising questions on PPP rail
METRO PACIFIC Investments Corp’s (MPIC) plan to divest its stake in Light Rail Manila Corp. (LRMC), the operator of Light Rail Transit Line 1 (LRT-1), could test investor confidence in public-private partnerships (PPPs) for mass transit, as it highlights the challenges private operators face under the current fare and regulatory framework, analysts said.
3 min |
November 13, 2025
Business World Philippines
Canon announces EOS R6 Mark III mirrorless camera
CANON has announced its latest EOS R mirrorless camera, the full-frame EOS R6 Mark III, which will soon be available in the Philippines.
2 min |
November 13, 2025
Business World Philippines
Marcos: New initiative could cut flooding by 60% in 2026
PRESIDENT Ferdinand R. Marcos, Jr. on Wednesday launched an initiative that could reduce flooding by 60% next year, as the country continues to suffer from widespread flooding that has exposed irregularities in government-led flood mitigation projects.
1 min |
November 13, 2025
Business World Philippines
Dow notches record high close as traders bet on end to gov’t shutdown
THE DOW JONES Industrial Average surged to a record high close on Tuesday, lifted by progress toward ending the longest US government shutdown, while Nvidia and other artificial intelligence (AI)-related companies fell on renewed concerns about elevated valuations.
2 min |
November 13, 2025
Business World Philippines
New England Patriots put seven-game streak on line, welcome surging New York Jets
THE New England Patriots have ascended to the top of the NFL standings. New York Jets fans could do without the flashback to their rival's glory days.
2 min |
November 13, 2025
Business World Philippines
Subsistence fisherfolk to be enrolled in insurance plan offering quick payouts
THE GOVERNMENT has partnered with global conservation organization Rare and solutions company Willis to launch a pioneering parametric insurance program to protect subsistence fisherfolk affected by extreme weather.
1 min |
November 13, 2025
Business World Philippines
Climate response infrastructure-heavy, channeling funds to DPWH – report
THE Department of Public Works and Highways (DPWH) accessed a major portion of the climate mitigation budget over the past five years, channeling it to flood control and drainage projects, Aksyon Klima Pilipinas (AKP) said in a report.
2 min |
November 13, 2025
Business World Philippines
London copper edges higher on weak dollar
Copper prices crept higher on Tuesday after the dollar slid on weak jobs data, the US moved closer to reopening government operations and top metals consumer China unveiled more measures to support growth.
1 min |
November 13, 2025
Business World Philippines
BIR wants more agencies to participate in campaign to crack down on illicit tobacco
MORE AGENCIES need to be involved in the crackdown against illicit tobacco products trade, Internal Revenue Commissioner Romeo D, Lumagui, Jr. said.
1 min |
November 13, 2025
Business World Philippines
Amber keeps it fresh after 20 years in HK to notch 3" Michelin star
DUTCH-BORN CHEF Richard Ekkebus has helmed the upscale restaurant Amber since 2005, charting a journey spanning more than 20 years to reach three Michelin stars.
2 min |
November 13, 2025
Business World Philippines
Vietnam eyes tariff deal soon, as US seeks to cut huge trade deficit
Vietnam is working to sign a trade agreement with the United States soon, Deputy Prime Minister Bui Thanh Son said on Wednesday, as a new round of negotiations gets underway in Washington.
1 min |
November 13, 2025
Business World Philippines
Gold gains as traders bet rate cut views
GOLD PRICES hit a near three-week high on Tuesday, bolstered by expectations that a potential end to the US government shutdown and resumption of economic data could set the stage for the US Federal Reserve to trim interest rates next month.
1 min |
November 13, 2025
Business World Philippines
AboitizPower targets year-end financial close for P36-B CBK deal
ABOITIZ POWER Corp. (AboitizPower) hopes to complete the P36-billion acquisition of the 797-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant (HEPP) by the end of the year.
1 min |
November 13, 2025
Business World Philippines
Oil prices up as investors balance sanctions, oversupply concerns
Oil prices gained about $1 on Tuesday on the impact of the latest US sanctions on Russian oil and the optimism over a potential end to the US government shutdown, although oversupply concerns limited gains.
1 min |
November 13, 2025
Business World Philippines
Changing the topic
EXPRESSING an opinion (or ranting against someone) requires checking who are part of the conversation.
3 min |
November 13, 2025
Business World Philippines
Tokyo protests Russia's wider entry ban over Ukraine sanctions
Japan decried as \"absolutely unacceptable\" on Wednesday Russia's extension of an entry ban to 30 more citizens, among them a foreign ministry spokesperson, after Tokyo's sanctions over Moscow's nearly four-year-old war in Ukraine.
1 min |
November 13, 2025
Business World Philippines
LTFRB fare hike position due with DoTr soon
THE Land Transportation Franchising and Regulatory Board (LTFRB) is preparing to submit to the Department of Transportation (DoTr) its recommendation on outstanding fare hike petitions.
1 min |
November 13, 2025
Business World Philippines
Bargain hunting lifts PHL shares after 3-day slide
PHILIPPINE STOCKS rebounded on Wednesday as players picked up beaten-down issues following the market's three-day slide that caused the main index to log fresh multiyear lows.
2 min |
November 13, 2025
Business World Philippines
UST defeats listless UE, leads pack for UAAP S88 fourth seed
UNIVERSITY of Santo Tomas (UST) scored a wire-to-wire 109-97 win over the listless University of the East (UE) and created a slight separation from the pack for the coveted fourth seed in the UAAP Season 88 men’s basketball on Wednesday at the Mall of Asia Arena.
2 min |
November 13, 2025
Business World Philippines
Carlos Alcaraz wins thriller vs Taylor Fritz at ATP Finals; Musetti downs De Minaur
Carlos Alcaraz came under extreme pressure before overcoming Taylor Fritz 6-7(2), 7-5, 6-3 in a thrilling match at the ATP Finals on Tuesday, before Italy’s Lorenzo Musetti beat Alex de Minaur in a dramatic encounter.
2 min |
November 13, 2025
Business World Philippines
Alas Pilipinas player Ike Barilea dies after motorcycle accident
GONE too soon.
1 min |
November 13, 2025
Business World Philippines
Nickel Asia Q3 profit jumps to P3.09B on higher ore prices, exports
NICKEL ASIA CORP. (NAC) reported a more than twofold increase in attributable net income for the third quarter (Q3), driven by higher nickel ore prices and strong export performance.
2 min |
November 13, 2025
Business World Philippines
More sleep, less screen time as China aims to reduce student stress
Chinese authorities have announced measures to improve the mental health of primary and secondary school students by reducing academic pressure, cutting screen time and mandating two hours of physical exercise daily.
1 min |
November 13, 2025
Business World Philippines
Education seen as key to unlocking potential of PHL’s Generation Alpha
THE PHILIPPINE government should further invest in education to ensure that the economy will benefit from the projected boom of the Generation Alpha population in a few years, analysts said.
3 min |
November 12, 2025
Business World Philippines
PHL banks’ net profit up 3.57% at end-Sept.
THE COMBINED income of Philippine banks climbed by 3.57% in the first nine months of the year as lenders booked higher interest and non-interest earnings during the period.
3 min |
November 12, 2025
Business World Philippines
BIR may miss collection goal this year
THE BUREAU of Internal Revenue (BIR) may struggle to meet its P3.219-trillion collection target this year as sluggish government spending weighed on overall tax receipts, a development its chief said may prompt a tweak of its full-year target.
3 min |
November 12, 2025
Business World Philippines
Rich countries adopting industrial strategies
The Philippines is no longer the \"Sick Man of Asia.\" Since 2011, its GDP has been one of the fastest growing in the Indo-Pacific region, together with India and Vietnam.
5 min |
November 12, 2025
Business World Philippines
Shell Pilipinas returns to profit with P343-M Q3 earnings
SHELL PILIPINAS CORP. posted a third-quarter (Q3) net income of P343 million, reversing a P762.04 million loss in the same period last year, as higher sales volumes and lower non-operating costs offset a slight decline in net sales.
1 min |