Newspaper
Business World Philippines
US stocks end higher with Nasdaq up more than 1%, led by Apple
US stocks ended higher on Wednesday, led by a more than 1% gain in the Nasdaq, as Apple shares climbed after news of its plans to announce a domestic manufacturing pledge, and as some companies delivered upbeat earnings reports.
2 min |
August 08, 2025
Business World Philippines
Peso up on BSP intervention signals
THE PESO appreciated against the dollar on Wednesday after the Bangko Sentral ng Pilipinas (BSP) chief said they would actively intervene in the foreign exchange market to manage sharp swings in the currency.
1 min |
August 07, 2025
Business World Philippines
PSA keeps Q1 GDP growth unchanged
THE Philippine Statistics Authority (PSA) said on Wednesday it had kept the country's gross domestic product (GDP) growth rate at 5.4% for the first quarter.
1 min |
August 07, 2025
Business World Philippines
Declining inflation and challenges for the economic team
This week saw a number of good reports in public finance and price stabilization published in BusinessWorld: “Government rightsizing bill signed into law” (Aug. 5), “DBM reluctant to reenact ‘most corrupt’ 2025 budget” (Aug. 5), “Philippine wholesale price growth eases to 3% in June” (Aug. 5), “Stocks go up as inflation cools to near 6-year low” (Aug. 5), “Inflation cools further in July to 0.9%” (Aug. 6), “Bank lending jumps to four-month high in June” (Aug. 6).
2 min |
August 07, 2025
Business World Philippines
Philippine jobless rate eases to 3.7% in June, but job quality still a concern
PHILIPPINE unemployment eased to 3.7% in June, as more Filipinos found job opportunities during the month, according to the local statistics agency.
4 min |
August 07, 2025
Business World Philippines
Marcos suspends rice imports for 60 days
PRESIDENT Ferdinand R. Marcos, Jr. has ordered a 60-day suspension of rice imports starting Sept.1, in a move aimed at protecting Filipino farmers affected by low rough rice prices during the harvest season.
3 min |
August 07, 2025
Business World Philippines
Remolona sees room for rate cuts beyond 2025
THE Philippine central bank has room to continue its easing cycle next year after possibly two more quarter-point cuts for the rest of 2025, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr.
2 min |
August 07, 2025
Business World Philippines
2026 gov’t borrowing plan, mix likely steady
NEXT YEAR'S government borrowing program could be “more or less” steady from this year and will likely have an 80:20 mix in favor of domestic sources, National Treasurer Sharon P. Almanza said.
2 min |
August 07, 2025
Business World Philippines
Agri grows 5.7%, fastest since 2017
AGRICULTURAL OUTPUT expanded by an annual 5.7% in the second quarter — the fastest pace in eight years — as better weather conditions enabled high-value crops such as rice and corn to post double-digit growth, the Philippine Statistics Authority (PSA) said on Wednesday.
4 min |
August 07, 2025
Business World Philippines
EPI eyes powering up solar projects through 2026
EMERGING POWER, INC. (EPI), the renewable energy (RE) subsidiary of listed mining firm Nickel Asia Corp. (NAC), is progressing toward its 1-giga-watt (GW) RE target by 2030 through the ongoing development of its pipeline projects.
1 min |
August 07, 2025
Business World Philippines
Inflation may pick up again in coming months
HEADLINE INFLATION could pick up again in the remaining months after hitting a near six-year low in July but still remain within target, which would still give way to further policy easing by the Bangko Sentral ng Pilipinas (BSP).
3 min |
August 07, 2025
Business World Philippines
Philippines to intervene more forcefully in streaks of weak peso
THE Philippine central bank is intervening more forcefully during periods of extended peso weakness as part of a new strategy, gradually moving away from day-to-day intervention, Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. said.
1 min |
August 07, 2025
Business World Philippines
Term deposit yields mixed on weak demand due to ongoing RTB offer
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits were mixed on Wednesday, with the one-week tenor going under-subscribed for a second straight week as the government’s ongoing retail Treasury bond (RTB) offer likely cornered some of the market’s excess liquidity.
3 min |
August 07, 2025
Business World Philippines
Gilas Pilipinas braces for tough NZ Tall Blacks clash at Asian Cup
Philippines bows to Chinese Taipei, 87-95
2 min |
August 07, 2025
Business World Philippines
Potential Indian investors keen on PHL pharmaceuticals, infrastructure
POTENTIAL Indian investors have indicated their interest in pursuing pharmaceutical and infrastructure ventures in the Philippines, the Palace press office in Manila said.
2 min |
August 07, 2025
Business World Philippines
Cabalen Group launches new donation drive for 39th anniversary
IN CELEBRATION of its 39th anniversary, The Cabalen Group launched a meaningful Corporate Social Responsibility campaign under its foundation, Cabalen Para Sa Kabataan Foundation, Inc., anchored on the theme \"Sarap ng Salu-Salo.
1 min |
August 07, 2025
Business World Philippines
World Network looking to tap Filipino developers for apps
WORLD NETWORK, the blockchain-based ecosystem co-founded by OpenAl Chief Executive Officer Sam Altman, is planning to expand its presence in the Philippines by partnering with local developers to build apps to secure digital spaces amid the rising threats brought by growing artificial intelligence (AI) adoption.
1 min |
August 07, 2025
Business World Philippines
US criticizes use of AI to personalize airline ticket prices, would investigate
US TRANSPORTATION Secretary Sean Duffy said on Tuesday the department has concerns about the use of artificial intelligence (AI) to set personalized airline ticket prices and will investigate if anyone does so.
1 min |
August 07, 2025
Business World Philippines
MPIC core income rose 20% to P15B on strong utilities, toll roads — Pangilinan
PANGILINAN-LED Metro Pacific Investments Corp. (MPIC) said its consolidated core net income rose by 20% to P15 billion for the first semester, citing “meaningful contributions” from its energy, water, and toll road units.
1 min |
August 07, 2025
Business World Philippines
Sustainable indulgence
As much as possible, the Hilton makes its own or grows its own
2 min |
August 07, 2025
Business World Philippines
Hit by US tariffs, Indonesia plans to sell shrimp to China instead
At a shrimp farm in Indonesia, more than 16,000 km (9,942 miles) from Washington DC, US President Donald Trump’s import tariffs have left Denny Leonardo’s expansion plans in disarray.
2 min |
August 07, 2025
Business World Philippines
DBM to pre-select vetted infra projects for legislators
THE Department of Budget and Management (DBM) is working on creating a “menu” of ready-to-implement infrastructure projects for legislators to include in the budget, Secretary Amenah F. Pangandaman said.
1 min |
August 07, 2025
Business World Philippines
OpenAl eyes $500-billion valuation in potential employee share sale
CHATGPT maker OpenAL is in early-stage discussions about a stock sale that would allow employees to cash out and could value the company at about $500 billion, a source familiar with the matter said.
1 min |
August 07, 2025
Business World Philippines
Shares rise as BSP chief hints at more rate cuts
PHILIPPINE STOCKS extended their climb to a fourth straight day on Wednesday as the Bangko Sentral ng Pilipinas (BSP) chief hinted at more rate cuts
2 min |
August 07, 2025
Business World Philippines
The doctor is in
IT CAN be just a recurring headache that you complain about occasionally. Somebody tired of this griping may suggest — why don’t you see a doctor?
3 min |
August 07, 2025
Business World Philippines
OpenAI releases open-weight reasoning language models optimized to run on laptops
OpenAI said on Tuesday it has released two open-weight language models that excel in advanced reasoning and are optimized to run on laptops with performance levels similar to its smaller proprietary reasoning models.
1 min |
August 07, 2025
Business World Philippines
Senators back resolution to upload all budget documents online
Senators on Wednesday unanimously backed a resolution that would mandate government agencies to upload budget documents in online platforms, allowing the public to track each stage of the budget process.
1 min |
August 07, 2025
Business World Philippines
Proving Toyota HEV reliability through real-world use
Toyota units tried, tested, and trusted in PNP Tacloban
3 min |
August 07, 2025
Business World Philippines
Suntrust holds blessing and turnover for The Mist Residences in Baguio
SUNTRUST PROPERTIES celebrated the property blessing and ceremonial turnover of The Mist Residences, marking a significant milestone in the company's mission to build thoughtfully designed communities in Northern Luzon.
1 min |
August 07, 2025
Business World Philippines
Where to eat in New York City this summer
FINDING a good place to eat in New York at the time and place of your choosing is not for the faint of heart.
4 min |