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Business World Philippines

Business World Philippines

Startups must strengthen governance, Kickstart says

PHILIPPINE STARTUPS need to adopt strong governance practices to build trust, attract funding, and withstand market and geopolitical headwinds, corporate venture capital (VC) firm Kickstart Ventures, Inc. said, noting that accountability and transparency are as vital in early-stage firms as in mature ones.

1 min  |

August 13, 2025

Business World Philippines

Asialink, Kredit Hero team up to boost MSME financing

ASIALINK FINANCE Corp. has partnered with artificial intelligence (AI) lending marketplace Kredit Hero to increase access to financing for micro, small, and medium enterprises (MSMES), particularly those in areas outside urban centers.

1 min  |

August 13, 2025

Business World Philippines

Eala returns to R. Nadal Academy ahead of US Open main draw debut

ALEXANDRA “ALEX” EALA is back in business to prepare for her main draw debut in the 2025 US Open on Aug. 24 to Sept. 7 in New York.

1 min  |

August 13, 2025

Business World Philippines

Wall Street stocks end down; inflation data, China trade in focus

Wall Street’s main indexes ended lower on Monday as investors anxiously await inflation data this week to assess the outlook for interest rates and eye US-China trade developments.

2 min  |

August 13, 2025

Business World Philippines

DoubleDragon to issue P10.9-B bonds at 7.7% next month

DOUBLEDRAGON CORP. (DD) aims to raise up to P10.9 billion through a retail bond offering next month, offering a 7.7% interest rate with maturities of 3.5 and 5.5 years.

1 min  |

August 13, 2025

Business World Philippines

DMCI Mining subsidiary bags 25-yr operating rights in Palawan

BERONG NICKEL Corp. (BNC), a subsidiary of DMCI Mining Corp., has secured a 25-year mineral production sharing agreement (MPSA) with the Department of Environment and Natural Resources (DENR) through the Mines and Geosciences Bureau (MGB) for its Long Point Nickel Project in Aborlan, Palawan.

1 min  |

August 13, 2025

Business World Philippines

Gold slides as markets await inflation data, Trump clarifies no tariffs on gold

GOLD PRICES fell on Monday after President Donald J. Trump said tariffs will not be placed on imported gold bars, while investors awaited a US inflation report that could provide an indication of the US Federal Reserve’s rate outlook.

1 min  |

August 13, 2025

Business World Philippines

MPBL slaps Michole Sorela with lifetime ban and P200,000 fine for punching a Mindoro player

THE Maharlika Pilipinas Basketball League (MPBL) whipped Michole Sorela of the GenSan Warriors with a lifetime ban plus a fine worth P200,000 fine for deliberately punching Mindoro Tamaraws’ Jonas Tibayan in a heated match on Monday night at the Batangas City Coliseum.

1 min  |

August 13, 2025

Business World Philippines

SM Prime earmarks P7 billion for SM Megamall upgrade

SM PRIME HOLDINGS, INC. has allocated P7 billion for the phased redevelopment of SM Megamall in Mandaluyong City, aiming for full completion by 2029 to expand leasable space, enhance sustainability, and improve customer experience.

1 min  |

August 13, 2025

Business World Philippines

Trump opens door to sales of Nvidia’s next-gen AI chips in China

US President Donald J. Trump on Monday suggested he might allow Nvidia to sell a scaled-down version of its next-generation advanced graphics processing unit chip in China, despite deep-seated fears in Washington that China could harness US artificial intelligence (AI) capabilities to supercharge its military.

1 min  |

August 13, 2025

Business World Philippines

PLDT's Q2 profit climbs to P9.11B; CEO sees stronger second half

LISTED telecommunications company PLDT Inc. saw its attributable net income rise by 6.05% in the second quarter (Q2) to P9.11 billion compared to the same period last year, lifted by higher service revenues.

2 min  |

August 13, 2025

Business World Philippines

SSS joins Maharlika fund in ruling out investments in online gambling firms

THE Social Security System (SSS) said it holds no shares of online gambling firms and has no plans to add such shares going forward.

2 min  |

August 13, 2025

Business World Philippines

Value of gold, copper, nickel, chromite reserves rises 4.6%

CLASS A gold, copper, nickel, and chromite reserves were valued at P48145 billion in 2024, up 4.6%, the Philippine Statistics Authority (PSA) said in a report.

1 min  |

August 13, 2025

Business World Philippines

PPP Center outlines rules for seeking opinions on PPP Code

THE Public-Private Partnership (PPP) Center said it set guidelines for seeking the regulator’s opinion regarding the proper interpretation of the PPP Code.

1 min  |

August 13, 2025

Business World Philippines

First Gen Q2 income rises 5.2% on lower costs

LOPEZ-LED First Gen Corp. reported a 5.2% increase in its attributable net income for the second quarter to $79.21 million amid lower costs of sale of electricity and expenses.

1 min  |

August 13, 2025
Business World Philippines

Business World Philippines

US as a steadfast ally among a growing list of friends

“Multilateral” is a good word to describe the Philippines’ foreign relations policy. It reflects our country’s consistent efforts to build partnerships and alliances with numerous countries who share our values and our commitment to international law. It is embodied in the pronouncement of President Ferdinand Marcos, Jr. that we are “a friend to all and an enemy to none.”

3 min  |

August 13, 2025

Business World Philippines

DLSU bows to Korea University in World University finals

REIGNING champion De La Salle University (DLSU) got the brunt of Korea University’s revenge tour, absorbing a 95-85 defeat in the 2025 World University Basketball Series (WUBS) finals on Monday night at the Yoyogi National Stadium Second Gymnasium in Tokyo, Japan.

1 min  |

August 13, 2025

Business World Philippines

China forces Thai art show to remove, change works

Claims exhibit distorts Chinese policies on Tibet, Xinjiang, HK

2 min  |

August 13, 2025

Business World Philippines

Philippine military to plan next move after latest flare-up in Scarborough

THE PHILIPPINE military will hold a strategic conference to plan its next moves in the South China Sea, after a Chinese coast guard vessel and navy warship attempted to ram a Philippine boat near Scarborough Shoal, Manila’s top general said on Tuesday.

3 min  |

August 13, 2025

Business World Philippines

Verlander’s milestone

Justin Verlander’s 3,500\" strikeout arrived on a losing afternoon, which, ironically, made it even sharper.

1 min  |

August 13, 2025

Business World Philippines

DA pushing for rice tariffication law amendment before March harvest

THE Department of Agriculture (DA) said it would like the Rice Tariffication Law to be amended by the harvest in March, and is hoping President Ferdinand R. Marcos, Jr. certifies the amendments as urgent.

1 min  |

August 13, 2025

Business World Philippines

LTFRB reviewing P2 PUJ fare hike petition

THE Land Transportation Franchising and Regulatory Board (LTFRB) said it is currently studying a petition secking a P2 provisional fare increase for public utility jeepneys (PUJs).

1 min  |

August 13, 2025

Business World Philippines

Singapore upgrades 2025 GDP growth forecast after Q2 tops initial estimates

Singapore’s economy grew slightly faster than initially estimated, prompting the government to upgrade the city state’s growth forecast for this year even as it warned of downside risks.

2 min  |

August 13, 2025

Business World Philippines

Oil prices barely change ahead of US-Russia talks on Ukraine war

Oil settled flat on Monday after falling more than 4% last week, as investors looked towards talks this week between the US and Russia over the war in Ukraine.

1 min  |

August 13, 2025

Business World Philippines

Eton Properties expands high-rise portfolio to 9,000 units with Blakes Tower launch

ETON Properties Philippines, Inc. (EPPI), the real estate arm of Lucio Tan Group, has launched Blakes Tower, a mixed-use development in Makati City.

1 min  |

August 13, 2025

Business World Philippines

India state visit yields 18 business agreements

THE Department of Trade and Industry (DTI) said 18 agreements were signed at a business forum in India last week, involving the Bases Conversion and Development Authority (BCDA) and the Philippine Economic Zone Authority (PEZA), among others.

1 min  |

August 13, 2025

Business World Philippines

Gov't urged to rein in spending, stick to fiscal plan amid debt concerns

THE PHILIPPINE government should stick to its fiscal consolidation plan and temper spending to ease fiscal strain, a congressional think tank said, warning that the country is “borrowing its way to growth.”

2 min  |

August 13, 2025

Business World Philippines

PLDT plans court challenge if Konektadong Pinoy is signe

PLDT Inc. said it will mount a court challenge to the Konektadong Pinoy bill if it is signed into law.

1 min  |

August 13, 2025

Business World Philippines

Bargain hunting, US-China truce lift PHL shares

PHILIPPINE STOCKS inched up on Tuesday to snap their three-day losing streak as investors searched for bargains and amid the 90-day extension of the tariff truce between the United States and China.

2 min  |

August 13, 2025
Business World Philippines

Business World Philippines

Brands told to counter AI-fueled misinformation

PHILIPPINE COMPANIES must strengthen efforts to combat online misinformation and disinformation, as the rise of artificial intelligence (AI) makes it easier to spread false narratives that could damage brand reputation, erode public trust, and hinder business growth, according to consumer intelligence firm Meltwater.

2 min  |

August 13, 2025