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Business World Philippines

DoTr to issue NSCR bid soon amid interest from 28 Japanese firms

THE PHILIPPINES is doubling its efforts to find the operator for the North-South Commuter Railway (NSCR), the Department of Transportation (DoTr) said, as it hopes to issue bidding documents later this month or early October.

2 min  |

September 12, 2025
Business World Philippines

Business World Philippines

To heal the system, flush out the big fish

Corruption in public spending is no longer just a governance failure; it has become a crisis of legitimacy.

4 min  |

September 12, 2025

Business World Philippines

PHL banks' loans to MSMEs still below quota

PHILIPPINE BANKS once again failed to meet the mandated lending quota for micro, small and medium enterprises (MSMEs), data from the central bank showed.

2 min  |

September 12, 2025

Business World Philippines

Anti-graft push tests political alliances

PHILIPPINE PRESIDENT Ferdinand R. Marcos, Jr.'s campaign targeting corruption in flood control projects could boost his credibility with voters and investors but risks straining political alliances, analysts said.

4 min  |

September 12, 2025

Business World Philippines

PHL inflation may breach 4% in mid-2026 due to weather risks

WEATHER DISRUPTIONS and base effects may cause inflation to overshoot the Bangko Sentral ng Pilipinas’ (BSP) target range anew next year, an analyst said.

3 min  |

September 12, 2025
Business World Philippines

Business World Philippines

A capable friend for the Philippines and a partner in shared prosperity

AS THE INDO-PACIFIC region faces mounting turbulence, Taiwan and the Philippines should stand shoulder to shoulder, not just as neighbors across a narrow strait, but as brothers connected through shared Austronesian roots, democratic values, and common struggles.

2 min  |

September 12, 2025

Business World Philippines

CPTPP expected to expand PHL presence in global supply chains

THE Philippine Chamber of Commerce and Industry (PCCI) said accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will further embed the Philippines into some of the world’s more dynamic and open economies, which it said was necessary to counter ongoing disruptions to world trade.

1 min  |

September 12, 2025

Business World Philippines

PSEi inches up as market waits for more catalysts

PHILIPPINE STOCKS inched up on Thursday amid weak trading volume as investors preferred to stay on the sidelines while waiting for more leads, including the US consumer inflation report, due for release overnight.

2 min  |

September 12, 2025

Business World Philippines

Ayala, Security Bank, SMIC lead PHL firms in Time 2025 World's Best list

TEN PHILIPPINE COMPANIES were included in Time magazine’s World’s Best Companies for 2025, a ranking of the top 1,000 corporations worldwide.

1 min  |

September 12, 2025

Business World Philippines

Oil prices up after global tensions mount; oversupply caps upticks

Oil prices settled higher on Wednesday by more than $1 a barrel as investors worried about possible supply disruptions after Poland downed drones in its airspace and the US pushed for new sanctions on buyers of Russian oil the day after an Israeli attack in Qatar, but a report showing swelling US supplies capped gains.

1 min  |

September 12, 2025

Business World Philippines

Jack Daniel's promotes 20 indie artists with show series

THIS YEAR, eight Filipino production groups will be celebrating the strength of Filipino indie music through a series of live events staged around Metro Manila.

2 min  |

September 12, 2025

Business World Philippines

Pangilinan: MPIC acquisition in Wendy’s, Conti’s ‘not a very big amount’

METRO PACIFIC Investments Corp. (MPIC) has acquired a 15% stake in Eight8Ate Holdings, Inc., the operator of Conti’s Bakeshop and Restaurant and Wendy’s Philippines, in a move analysts said would support MPIC’s strategy to vertically integrate its agribusiness.

1 min  |

September 12, 2025

Business World Philippines

PHL seeks ‘balance’ between energy security, affordability

THE Philippine Energy Plan in the runup to 2050 will seek to achieve a balance between incorporating affordable renewable energy (RE) while ensuring energy security, the Department of Energy (DoE) said.

2 min  |

September 12, 2025

Business World Philippines

S. Korea says US immigration raid may make companies ‘hesitant’ about investing

South Korean President Lee Jae Myung said on Thursday a US immigration raid resulting in the detention of hundreds of workers at a Hyundai Motor business project could have an impact on US investment decisions made by Korean companies.

2 min  |

September 12, 2025

Business World Philippines

Manila rejects Beijing plan to set up nature reserve at Scarborough Shoal

THE PHILIPPINES on Thursday rejected China’s plan to set up a national nature reserve at Scarborough Shoal, saying it is “patently illegal.”

2 min  |

September 12, 2025

Business World Philippines

Megawide to get P3.5-B cash, CREC shares in settlement of advances

MEGAWIDE CONSTRUCTION CORP. (Megawide) has signed agreements to recover P9.4 billion in outstanding advances from its parent Citicore Holdings Investment, Inc. (CHII and sister company Citicore Power Inc. (CPI), with P3.5 billion to be settled in cash for debt repayment and the balance through a transfer of Citicore Renewable Energy Corp. (CREC) shares.

1 min  |

September 12, 2025

Business World Philippines

Camarines Sur declared free of bird flu

CAMARINES SUR has been declared free of avian influenza after five months of surveillance with no new cases detected, the Department of Agriculture (DA) said.

1 min  |

September 12, 2025

Business World Philippines

Red-hot Eala easily advances to quarterfinals of Sao Paulo Open

AND the South American streak continues for the red-hot sensation Alexandra “Alex” Eala.

2 min  |

September 12, 2025

Business World Philippines

S&P 500 and Nasdaq at fresh peaks as Oracle soars on AI optimism

THE S&P 500 and Nasdaq notched record-high closes on Wednesday, as Oracle surged and cooler-than-expected inflation data supported expectations the US Federal Reserve will cut interest rates next week.

2 min  |

September 12, 2025

Business World Philippines

Risks, gaps in blockchain-based budget plan flagged

A PROPOSAL to use blockchain technology to enhance transparency in the national budget process would require significant investment in digital infrastructure and safeguards to prevent insider misuse, analysts said.

1 min  |

September 12, 2025

Business World Philippines

SMEs seen playing key role in achieving SDGs

THE Philippines needs to incorporate small and medium enterprises (SMEs) in the effort to achieve the Sustainable Development Goals (SDGs) to meet the 2030 timeline set by the United Nations (UN), the Philippine Chamber of Commerce and Industry (PCCI) said.

1 min  |

September 12, 2025

Business World Philippines

Palace creates body to probe flood control, infrastructure anomalies

MALACAÑANG on Thursday issued Executive Order (EO) No. 94 establishing the Independent Commission for Infrastructure (ICI, as the government probes irregularities in flood control and other public works projects.

1 min  |

September 12, 2025

Business World Philippines

PBA looks back, pays tribute in Season 50 opener on Oct. 4 and 5

A weekend of fun, fellowship and nostalgia ushers in PBA Season 50 on Oct. 4 and 5.

1 min  |

September 12, 2025

Business World Philippines

DPWH files graft cases vs 20 workers, 4 contractors over flood control projects

PUBLIC WORKS Secretary Vivencio “Vince” B. Dizon on Thursday filed criminal complaints against 20 workers and four contractors before the Office of the Ombudsman in connection with anomalous flood control projects in Bulacan province.

2 min  |

September 12, 2025

Business World Philippines

BUILDING FOR TOMORROW

“We are building not only for today; we are building also for tomorrow.” President Ferdinand Marcos Jr. 2025 State of the Nation Address

1 min  |

September 12, 2025

Business World Philippines

On free meals at work

Some companies offer workers free breakfast and even buffet lunches. I don’t understand this practice. Why can’t they simply raise salaries? Could you help me make sense of this policy? — Black Lotus.

3 min  |

September 12, 2025

Business World Philippines

FPI sees ‘positive outcomes’ from gov’t corruption fight

THE Federation of Philippine Industries (FPI) said it expects “positive outcomes” from the government's handling of the corruption scandals engulfing two key agencies.

1 min  |

September 12, 2025

Business World Philippines

KC Chiefs seek redemption vs Eagles in Super Bowl rematch

THE Kansas City (KC) Chiefs will look toavoid their first 0-2startsince 2014 when they host the defending champion Philadelphia Eagles in a Super Bowl LIX rematch on Sunday.

1 min  |

September 12, 2025
Business World Philippines

Business World Philippines

Mind-bending Severance tackles alienation on way to Sunday’s Emmys

SEVERANCE for Apple TV+, he and fellow cast members were unsure how viewers would respond to a streaming series built around brain chips, a room full of goats, and waffle parties.

2 min  |

September 12, 2025
Business World Philippines

Business World Philippines

ACEN honored with two prestigious HR Asia Awards, strengthening its position as an employer of choice

ACEN, the listed renewable energy company of the Ayala group, has been recognized with two distinguished accolades at the HR Asia Best Companies to Work for in Asia Awards 2025, held at the Marriott Grand Ballroom in Manila.

1 min  |

September 12, 2025