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Business World Philippines
Dow peaks, energy firms rise after US strikes Venezuela
WALL STREET ended higher on Monday, with surging financial shares helping lift the Dow Jones Industrial Average to an all-time peak, while energy firms jumped after a US military strike captured Venezuelan President Nicolas Maduro.
2 min |
January 07, 2026
Business World Philippines
Fiscal discipline seen eroded by unchecked budget allocations
BUSINESS GROUPS said the government has not gone far enough in curbing unprogrammed appropriations in the newly signed 2026 General Appropriations Act (GAA), warning that these could undermine fiscal discipline and governance.
3 min |
January 07, 2026
Business World Philippines
Jollibee plans US listing for global business; stock surges
JOLLIBEE FOODS CORP. on Tuesday said it plans to spin off its international business and list it on a US stock exchange by late 2027 as the Philippine fast-food group plots its global expansion.
2 min |
January 07, 2026
Business World Philippines
CARS funding veto ‘breaks promises’ made to investors
THE removal of budget funds to incentivize domestic auto manufacturing could undermine foreign investor confidence, Sen. Sherwin T. Gatchalian said.
2 min |
January 07, 2026
Business World Philippines
Oil prices up as traders assess Venezuela upheaval
Oil prices settled up $1 a barrel on Monday as traders assessed the possible impact on crude flows from Venezuela, home to the world’s largest oil reserves, following the US capture of Venezuelan President Nicolas Maduro.
1 min |
January 07, 2026
Business World Philippines
PXP gets nod to continue Galoc field operations
PXP ENERGY CORP. and its partners have secured approval to continue production at the Galoc Oil Field off northwest Palawan after getting a fresh petroleum service contract from the Philippine government.
1 min |
January 07, 2026
Business World Philippines
US ends recommendation for four childhood vaccines
The United States ended on Monday its longstanding guidance that all children receive vaccines against flu and three other diseases, a sweeping change that advances one of Health Secretary Robert F. Kennedy, Jr.’s long-term goals.
2 min |
January 07, 2026
Business World Philippines
Corruption's economic costs
The great takeaway for 2025 was that corruption is not only a moral and political issue, but an economic one.
3 min |
January 07, 2026
Business World Philippines
EastWest Bank partners with PayMongo for online payments acceptance
EAST WEST Banking Corp. (EastWest Bank) has partnered with PayMongo Philippines, Inc. to allow the bank's business clients to accept online payments at cheaper rates.
1 min |
January 07, 2026
Business World Philippines
LRTA sees 2026 rider volume at 60 million, collections at P1.1 billion
THE Light Rail Transit Authority (LRTA), the operator of Light Rail Transit Line 2 (LRT-2) is projecting fare collections of P1.1 billion in 2026 on ridership of 60.62 million.
1 min |
January 06, 2026
Business World Philippines
Live music for the next 5 months
The concerts of 2026, so far
5 min |
January 06, 2026
Business World Philippines
Global trade tensions pose risks to Philippine manufacturing sector
THE Philippine manufacturing sector may face headwinds from increasing global trade tensions that could weaken overseas demand this year, S&P Global said.
2 min |
January 06, 2026
Business World Philippines
Top 1,000 companies in the Philippines post P19.51-trillion gross revenues in 2024
THE TOP 1,000 corporations in the Philippines weathered economic shocks in 2024 as their balance sheets remained stable despite geopolitical tensions and subdued global demand.
3 min |
January 06, 2026
Business World Philippines
VAT rate cut possible if exemptions curbed — DoF
FINANCE Secretary Frederick D. Go said his department is seeking to avoid revenue-eroding measures, but added that the proposed cut in the value-added tax (VAT) rate is possible if accompanied by the removal of VAT exemptions.
1 min |
January 06, 2026
Business World Philippines
PHL trims 2026, 2027 growth goals
THE PHILIPPINE government lowered its economic growth targets for this year and 2027, with the impact of the corruption scandal still expected to be felt in the first half, according to Economy Secretary Arsenio M. Balisacan.
3 min |
January 06, 2026
Business World Philippines
Oil prices slip as global supplies counter upheaval in Venezuela
Oil prices drifted lower on Monday, as adequate global supplies offset concerns about supply disruptions after the United States captured Venezuelan President Nicolas Maduro in an audacious raid over the weekend.
1 min |
January 06, 2026
Business World Philippines
P92.5 billion in unprogrammed funds vetoed
PHILIPPINE President Ferdinand R. Marcos, Jr. on Monday signed this year’s P6.793-trillion national budget but vetoed around P92 billion worth of unprogrammed appropriations amid heightened scrutiny over public spending as authorities probe a graft scandal.
3 min |
January 06, 2026
Business World Philippines
Djokovic exits PTPA over transparency concerns
NOVAK DJOKOVIC said on Sunday he would step away completely from the Professional Tennis Players Association (PTPA), the advocacy group he co-founded, citing concerns over transparency and governance within the organization.
1 min |
January 06, 2026
Business World Philippines
Business chamber calls for reforms beyond corruption prosecutions
THE Philippine Chamber of Commerce and Industry (PCCI) said procedural and policy reforms need to accompany prosecutors’ action to address systemic corruption in government.
1 min |
January 06, 2026
Business World Philippines
Key tax reforms that shaped 2025
As Heraclitus, the Greek philosopher, aptly observed, “There is nothing permanent except change.”
4 min |
January 06, 2026
Business World Philippines
Stocks climb on expectations of slower inflation
PHILIPPINE SHARES extended their climb on Monday on expectations of slower headline inflation in December and as bargain hunting continued.
2 min |
January 06, 2026
Business World Philippines
Chinese cyberattacks on Taiwan infrastructure averaged 2.6M a day in 2025, report says
Chinese cyberattacks on ‘Taiwan's key infrastructure from hospitals to banks rose 6% in 2025 from the previous year to an average of 2.63 million attacks a day, the island’s National Security Bureau said, adding some were synchronized with military drills in “hybrid threats” to paralyze the island.
1 min |
January 06, 2026
Business World Philippines
Long-term deals could cushion power firms amid weak spot prices
ENERGY COMPANIES are likely to pursue capacity expansion and secure long-term supply agreements to cushion the impact of an extended period of weak spot power prices, analysts said.
1 min |
January 06, 2026
Business World Philippines
Manila Water unit expands sewer coverage in Boracay
BORACAY ISLAND Water Co., Inc. (Boracay Water), a noneast zone unit of Manila Water Co., Inc., has expanded its sewer network on Boracay Island, raising wastewater treatment capacity in the country’s top beach destination.
1 min |
January 06, 2026
Business World Philippines
Acquisition of Cabral files raises questions over data protection
A DIGITAL rights advocate on Monday called on the government to urgently authenticate the acquisition of the so-called Cabral files, citing concerns over the protection of government data and the integrity of official records.
1 min |
January 06, 2026
Business World Philippines
The end of the Marcos political dynasty is near
A month before Ferdinand “Bongbong” Marcos, Jr. was to be inaugurated as the 17th president of the Philippines, his sister, Senator Imee Marcos, expressed the hope that the family would finally be given the platform to “clarify” the legacy of their father.
4 min |
January 06, 2026
Business World Philippines
Broncos beat resting Chargers to earn 14th win, AFC’s top seed
JA’QUAN MCMILLIAN returned an interception 45 yards for the only touchdown of the day, Wil Lutz kicked four field goals and the host Denver Broncos secured the No. 1 seed in the AFC with a grinding 19-3 win over the Los ‘Angeles Chargers on Sunday.
2 min |
January 06, 2026
Business World Philippines
Digitalization, engagement seen helping rebuild trust in Customs
THE Bureau of Customs (BoC) said digitalization and consistent engagement will be key to regaining the trust of businesses, which had been damaged by the alleged misuse of the tax audit process.
2 min |
January 06, 2026
Business World Philippines
Samsung to double mobile devices powered by Google's Gemini
Samsung Electronics plans to double this year the number of its mobile devices with artificial intelligence (AI) features powered by Google's Gemini, its co-chief executive officer (CEO) said, which would give the US firm an edge over rivals as the global race in AI hots up.
2 min |
January 06, 2026
Business World Philippines
Gov’t hikes Treasury bill award as demand soars
THE GOVERNMENT upsized the award of the Treasury bills (T-bills) it offered on Monday as it saw strong market demand, with rates also lower than those quoted at the secondary market.
2 min |