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Business World Philippines

Meralco collaborates with ERC, Quezon City to advance renewable energy adoption

Manuel V. Pangilinan-led Manila Electric Company (Meralco) has partnered with the Energy Regulatory Commission (ERC) and the Quezon City local government unit (LGU) to launch a joint initiative aimed at advancing the greater use of renewable energy (RE) sources in the metropolitan area.

2 min  |

August 07, 2025

Business World Philippines

Tax relief amid torrential rains

As the country enters the second half of the year, we brace ourselves for the familiar rhythms of the rainy season. This period brings not only cooler temperatures but also relentless rains, unpredictable weather, and, worse, flooding that disrupts daily life. Beyond the inconvenience lies a deeper struggle: homes inundated by floodwaters, families displaced, and livelihoods interrupted.

3 min  |

August 07, 2025
Business World Philippines

Business World Philippines

JICA expediting Pasig-Marikina, Cagayan River flood control plans

THE Department of Public Works and Highways (DPWH) said the Japan International Cooperation Agency (JICA) has been tapped to help expedite the updating of flood control master plans for the Pasig-Marikina and Cagayan River basins.

1 min  |

August 07, 2025

Business World Philippines

Tariffs pinch corporate earnings

From ingredient costs to sagging demand

3 min  |

August 07, 2025

Business World Philippines

Ayala Land sees ‘busy’ second half with P57-B project launches

AYALA LAND, INC. (ALI) said it plans to launch P57 billion worth of property development projects in the second half of the year, including the completion of upgrades to its malls and hotels.

2 min  |

August 07, 2025

Business World Philippines

US equities slip as market investors consider tariff impact on economy

US stocks ended lower on Tuesday as investors weighed the impact of tariffs after Yum Brands and other companies cited trade duties in their results or outlooks.

1 min  |

August 07, 2025

Business World Philippines

Oil prices fall further as OPEC+ output hikes weigh on market

Oil prices slipped on Tuesday as rising OPEC+ supply and worries of weaker global demand countered concern about US President Donald J. Trump’s threats to India over its Russian oil purchases.

1 min  |

August 07, 2025

Business World Philippines

Globe Q2 profit falls 29% on weaker revenues and higher expenses

GLOBE TELECOM, INC. saw its second-quarter (Q2) attributable net income drop by 29.46% to P5.46 billion as weaker revenues and higher expenses weighed on its earnings.

2 min  |

August 07, 2025

Business World Philippines

Flushing Laguna de Bay

While the President recently ordered a review of flood control projects, it would serve the government equally well to revisit the post-disaster needs assessments (PDNAs) conducted after tropical storm Ondoy and Typhoon Pepeng (2009), as well as Typhoon Yolanda (2013).

5 min  |

August 07, 2025

Business World Philippines

Sta. Lucia Land joins ranks of 'High Growth Companies' in Asia-Pacific

PHILIPPINE REAL ESTATE developer Sta. Lucia Land Inc. is among the 500 companies of varied industries who have generated significant growth from 2020 to 2023 in a list published by Financial Times and Statista.

1 min  |

August 07, 2025

Business World Philippines

What are VPNs and will they threaten online safety?

APPS that disguise a user’s location have surged in popularity after the UK introduced age-verification rules as part of its Online Safety Act.

1 min  |

August 07, 2025

Business World Philippines

PBA imposes three-year ban on Navarro for joining KBL

WILLIAM NAVARRO braved on to Korea despite a looming PBA ban on players joining other leagues.

2 min  |

August 07, 2025

Business World Philippines

Youth-laden Filipinas football team faces lowly Timor Leste squad at Asean Football Federation

COACH Mark Torcaso expressed confidence the youth-laden Filipinas will step up to the plate as they defend the country’s Asean Football Federation crown beginning on Thursday at the Viet Tri Stadium in Phu Tho, Vietnam.

1 min  |

August 07, 2025

Business World Philippines

Why India-US trade talks failed

Missed signals, lost deal:

4 min  |

August 07, 2025
Business World Philippines

Business World Philippines

Cignal, PLDT battle Akari and ZUS Coffee in quarterfinals

SISTER teams PLDT and Cignal are dreaming of winning its breakthrough Premier Volleyball League (PVL) championship.

1 min  |

August 07, 2025

Business World Philippines

Pfizer raises profit forecast as cost-cutting program gains traction

PFIZER said its full-year profit should benefit from cost cuts across its research and manufacturing operations after posting higher-than-expected second-quarter earnings on Tuesday.

1 min  |

August 07, 2025

Business World Philippines

Aklan plans terminal to attract more cruise visits to Boracay

Aklan province said it hopes to start construction of a cruise ship terminal this year to address growing demand from cruise lines seeking to stop at Boracay.

2 min  |

August 07, 2025

Business World Philippines

Gold rises on hopes of interest rate cut

GOLD PRICES climbed to a near two-week high on Tuesday, supported by growing expectations of US interest rate cuts, while investors awaited President Donald J. Trump’s decision on US Federal Reserve appointments.

1 min  |

August 07, 2025

Business World Philippines

July WESM rates rise on thin supply margin

ELECTRICITY PRICES on the Wholesale Electricity Spot Market (WESM) rose 3.1% in July as supply margins thinned, the Independent Electricity Market Operator of the Philippines (IEMOP) said on Wednesday.

2 min  |

August 07, 2025

Business World Philippines

PHL military launches air and sea search for Chinese rocket debris near Palawan province

THE Armed Forces of the Philippines (AFP) has deployed air and naval units to search for suspected rocket debris from a recent Chinese space launch that may have fallen into Philippine waters near Palawan, a military official said on Wednesday.

2 min  |

August 07, 2025

Business World Philippines

SMIC: Outlook positive for remainder of 2025 despite uncertainties

SY-LED conglomerate SM Investments Corp. (SMIC) said it expects steady performance across its core businesses in the coming months, citing resilient consumer spending, strong bank lending, and improving macroeconomic indicators.

1 min  |

August 07, 2025

Business World Philippines

CEB Q2 profit soars to P8.51B on passenger gains

CEBU AIR, INC. (CEB), the operator of budget carrier Cebu Pacific, saw its second-quarter (Q2) attributable net income surge to P8.51 billion, rising nearly seven-fold, driven by higher passenger revenue during the period.

1 min  |

August 07, 2025

Business World Philippines

BPI looks to finalize blue bond framework within this quarter

BANK of the Philippine Islands (BPI) expects to finalize its framework for blue bonds within this quarter, but the timing of its first issuance will still depend on its funding needs.

4 min  |

August 06, 2025

Business World Philippines

Inflation cools further in July to 0.9%

HEADLINE INFLATION sharply slowed to a near six-year low in July as utilities and food costs continued to ease, data from the Philippine Statistics Authority (PSA) showed.

6 min  |

August 06, 2025

Business World Philippines

Treasury raises P210B from retail bonds offered on e-wallet

THE PHILIPPINE GOVERNMENT on Tuesday raised P210 billion from its latest retail Treasury bond (RTB) sale — the third under the Marcos government and the first to accept subscription via an e-wallet.

3 min  |

August 06, 2025
Business World Philippines

Business World Philippines

Fintech FinQuest Philippines rolls out SME loan-matching platform

FINANCIAL TECHNOLOGY (fintech) company FinQuest Philippines has launched a loan-matching platform for small and medium enterprises (SMEs) and financial institutions to help the former get access to financing.

1 min  |

August 06, 2025

Business World Philippines

Bank lending jumps to four-month high in June

BANK LENDING rose to a four-month high in June amid a jump in consumer loans, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.

3 min  |

August 06, 2025
Business World Philippines

Business World Philippines

Following the footsteps of Vietnam

Both the Philippines and Vietnam will become upper middle-income countries in the next two years. The $64 question is which of the two will fall into the so-called middle-income trap.

5 min  |

August 06, 2025

Business World Philippines

ICTSI Q2 profit rises 16% to $244.31M on volume and operational growth

RAZON-LED International Container Terminal Services, Inc. (ICTSI) saw its second-quarter (Q2) attributable net income rise by 15.97% to $244.31 million, driven by sustained earnings across all its port operations.

2 min  |

August 06, 2025

Business World Philippines

US stock market posts biggest daily percentage gains since May 27

All three major US stock indexes scored their biggest daily percentage increases since May 27 on Monday as investors sought bargains after the previous session’s selloff and ramped up bets for a September interest rate cut after Friday’s weaker-than-expected jobs data.

2 min  |

August 06, 2025