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Business World Philippines

Security Bank works with Stronghold Insurance to provide nonlife coverage

SECURITY BANK Corp. has partnered with Stronghold Insurance Co., Inc. to provide nonlife insurance to its clients.

1 min  |

August 19, 2025

Business World Philippines

Peso climbs as markets await Fed policy clues

THE PESO strengthened on Monday to return to the P56 level against the greenback as investors’ focus turned to the US Federal Reserve’s symposium this week.

1 min  |

August 19, 2025
Business World Philippines

Business World Philippines

Konektadong Pinoy nears lapse; IRR input is next option for telcos

TELECOMMUNICATIONS (telcos) companies PLDT Inc. and Converge ICT Solutions, Inc. said they are willing to offer input on the implementing rules and regulations (IRR) of the Konektadong Pinoy bill, in the event it lapses into law, as a way to address industry concerns.

2 min  |

August 19, 2025

Business World Philippines

Private equity group Advent International to acquire U-Blox for $1.3B

PRIVATE equity group Advent International said on Sunday it has agreed to take over Switzerland’s U-Blox Holding in a cash offer worth some 1.05 billion Swiss francs ($1.3 billion).

1 min  |

August 19, 2025

Business World Philippines

Traversing the taxation of cross border services

LET'S TALK TAX JOHN PAULO D. GARCIA

7 min  |

August 19, 2025

Business World Philippines

Pagdanganan, Ardina finish tie for 35 th and 38 th in Portland

BIANCA PAGDANGANAN had a roller-coaster final round while Dottie Ardina closed out strong to finish in a tie for 35\" and 38\", respectively, in the Standard Portland Classic on Sunday.

1 min  |

August 19, 2025

Business World Philippines

Inter-agency body created for PHL education, workforce development

PRESIDENT Ferdinand R. Marcos, Jr, created a new inter-agency body to coordinate reforms in the country’s education and workforce development systems, citing persistent gaps in teacher support, policy consistency, and program implementation.

1 min  |

August 19, 2025

Business World Philippines

Insurance sector posts higher premiums

THE INSURANCE INDUSTRY recorded higher premiums as of June, pushing up the country’s insurance penetration rate.

1 min  |

August 19, 2025
Business World Philippines

Business World Philippines

Lawyers and academics ask tribunal to halt service fee increase at NAIA

A GROUP of lawyers and academics on Monday asked the Supreme Court (SC) to stop a plan to increase service fees at the Ninoy Aquino International Airport (NAIA), set to take effect on Sept. 14.

2 min  |

August 19, 2025
Business World Philippines

Business World Philippines

Rice import freeze not expected to affect inflation; stocks ample

THE temporary ban on rice imports is not expected to stoke inflation as rice stocks remain substantial, according to the Department of Agriculture (DA).

1 min  |

August 19, 2025

Business World Philippines

PSE sets Aug. 2026 deadline for share declassification

THE PHILIPPINE Stock Exchange (PSE) said publicly listed companies have until Aug. 9, 2026, to declassify their shares.

1 min  |

August 19, 2025
Business World Philippines

Business World Philippines

Independent tower companies may get longer licenses under DICT proposal

THE Department of Information and Communications Technology (DICT) plans to extend the validity of independent tower companies’ (ITCs) licenses beyond the current five-year period to align with the expected life of their assets.

2 min  |

August 19, 2025

Business World Philippines

PSEi drops to 6,200 level amid lack of catalysts

PHILIPPINE SHARES dropped on Monday, pulling the main index back to the 6,200 level, as the market mostly moved sideways due to the absence of new trading drivers.

2 min  |

August 19, 2025

Business World Philippines

PHINMA Corp. hikes capex to about P5B

DEL ROSARIO-LED PHINMA Corp. has increased its allotted capital expenditure (capex) this year to about P5 billion from the initial P3.8 billion to cover new projects.

1 min  |

August 19, 2025

Business World Philippines

WORKHORSE RACING

The TGR Philippine Cup season wraps up; Tamaraws unleashed

3 min  |

August 18, 2025
Business World Philippines

Business World Philippines

Fugitive memory

GEOLOGICS MARIAN PASTOR ROCES

5 min  |

August 18, 2025

Business World Philippines

Ben Rice’s 7-RBI night helps Yankees outscore Cardinals

BEN RICE drove in seven runs and scored twice as the visiting New York Yankees outslugged the St. Louis Cardinals 12-8 on Saturday night.

2 min  |

August 18, 2025

Business World Philippines

BIR to collect P360 billion in excise taxes in 2026

THE Bureau of Internal Revenue (BIR) is looking to increase excise tax collections by 9% in 2026, mainly driven by tobacco products.

1 min  |

August 18, 2025

Business World Philippines

T-bill, bond rates may go down on easing hopes

RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week could go down on monetary easing bets and as demand returns to normal following the end of the government’s public offering of five-year retail Treasury bonds (RTB).

3 min  |

August 18, 2025

Business World Philippines

Peso may be range-bound as mart awaits policy hints from Fed chief

THE PESO could continue to move sideways against the dollar this week as markets monitor developments at the US Federal Reserve as the Trump administration continues to pressure the central bank to cut interest rates.

1 min  |

August 18, 2025

Business World Philippines

Debt yields drop on rate cut bets

YIELDS on government securities ended lower across all tenors last week after the Bangko Sentral ng Pilipinas (BSP) signaled that it could cut rates for a third straight time later this month.

2 min  |

August 18, 2025

Business World Philippines

Gov't expects poverty incidence to fall to as low as 8% by 2028

THE PHILIPPINE government is confident it can bring down the poverty rate to single-digit levels by 2028.

2 min  |

August 18, 2025

Business World Philippines

Deceitful. And murderous

YELLOW PAD BY FILOMENO STA. ANA Ill and PIA RODRIGO

5 min  |

August 18, 2025

Business World Philippines

New corporate governance circular eyed

THE SECURITIES and Exchange Commission (SEC) wants to ensure that independent directors of publicly listed companies have security of tenure.

3 min  |

August 18, 2025

Business World Philippines

Investors keen on PHL but seek stable rules, lower costs - Kearney

FOREIGN INVESTORS are eager to tap into the growth potential of the Philippines but concerns over unpredictable regulations and high cost of energy and logistics persist, according to executives of global management consulting firm Kearney.

3 min  |

August 18, 2025
Business World Philippines

Business World Philippines

Quality Taiwan premium pork showcased at WOFEX 2025

TAIWAN PREMIUM PORK represented the best of Taiwanese culinary hits at the World Food Expo (WOFEX) 2025 held at the SMX Convention Center in Pasay City last Aug. 8.

1 min  |

August 18, 2025

Business World Philippines

Trump says he will set tariffs on steel and semiconductor chips in coming weeks

President Donald J. Trump said on Friday he would announce tariffs on imports of steel and semiconductor chips in coming weeks.

1 min  |

August 18, 2025

Business World Philippines

Manila told to utilize RAA with Japan to boost self-defense posture

MANILA should take advantage of its defense ties with Tokyo to improve its self-reliant capabilities, analysts said, as the Japan-Philippines reciprocal access agreement (RAA) is set to take effect next month.

2 min  |

August 18, 2025

Business World Philippines

ADB includes PHL agriculture in PPP Monitor

THE ASIAN Development Bank (ADB) said it included agriculture projects in the 2025 edition of its public-private partnerships (PPP) monitor for the Philippines.

1 min  |

August 18, 2025

Business World Philippines

SMDC Heights launches new standard in high-rise living

SM DEVELOPMENT CORP. (SMDC) recently unveiled SMDC Heights, its boldest evolution yet in high-rise living — built for a generation that moves with purpose, values access, and aspires to live well today while investing in tomorrow.

1 min  |

August 18, 2025