Newspaper
Business World Philippines
US sanctions Russian oil firms as Moscow holds nuclear drills
The United States hit Russia’s major oil companies with sanctions on Wednesday and accused the Russians of a lack of commitment toward ending the war in Ukraine, as Moscow conducted a major training exercise involving nuclear arms.
4 min |
October 24, 2025
Business World Philippines
DoE queried over MIC-NGCP investment delay
THE Department of Energy (DoE) was asked to explain in the Senate the delay in closing the deal signed by the Maharlika Investment Corp. (MIC) to take a stake in the National Grid Corp. of the Philippines (NGCP).
1 min |
October 24, 2025
Business World Philippines
PAL boosting flights to Japan, Australia, other destinations
FLAG CARRIER Philippine Airlines (PAL) is increasing flights to key international destinations in response to strong travel demand expected during the holiday season.
1 min |
October 24, 2025
Business World Philippines
Southwest Airlines posts surprise quarterly profit, foresees strong sales
Southwest Airlines reported an unexpected third-quarter profit on Wednesday, and forecast record sales in the current quarter on the back of improvements in travel demand.
2 min |
October 24, 2025
Business World Philippines
Cold Storage Seafood unfolds new chapter with membership card launch
SOME BUSINESSES sell products. Others build relationships. And then there are families like the Quas, who somehow turn the simple act of buying seafood into an experience of warmth, gratitude, and belonging.
1 min |
October 24, 2025
Business World Philippines
Maya Named Apex Company of the Year at the 2025 Asia CEO Awards
Maya, the country’s leading all-in-one finance platform, was named Apex Company of the Year at the 2025 Asia CEO Awards— recognizing its impact in reshaping how Filipinos access payments and banking through technology.
2 min |
October 24, 2025
Business World Philippines
Scaling with Purpose: How MR.DIY is building a people-first retail revolution in the Philippines
Roselle Andaya, Chief Executive Officer of MR.DIY Philippines and recently named “Woman Leader of the Year” at the 2025 Asia CEO Awards, shares how purpose-driven growth, inclusivity, and empowerment continue to define MR.DIY's rapid expansion across the country.
3 min |
October 24, 2025
Business World Philippines
Philippine stocks rebound on bargain hunting
PHILIPPINE STOCKS recovered on Thursday, with buyers stepping in late in the trading session to take advantage of lower share prices.
2 min |
October 24, 2025
Business World Philippines
Tesla third-quarter profit falls short despite record sales, hit by higher costs and fading tax credits
TESLA reported record third-quarter revenue that beat Wall Street estimates on Wednesday, driven by the highest quarterly sales of its electricvehicles (EV) as US buyers rushed to lock in akey tax credit ahead of its expiry last month.
2 min |
October 24, 2025
Business World Philippines
Solar Philippines transfers 10.83 billion SPNEC shares to Leviste in internal restructuring
SOLAR PHILIPPINES Power Project Holdings, Inc. (SPPHI) has transferred 10.83 billion common shares of SP New Energy Corp. (SPNEC) to its founder Leandro Antonio L. Leviste, now Batangas first district representative, through a special block sale worth P6.32 billion.
1 min |
October 24, 2025
Business World Philippines
Filipinos closely watching updates on Duterte
PUBLIC INTEREST in former President Rodrigo R. Duterte remains high, with three out of four Filipinos saying they followed news about his arrest and succeeding developments, a survey by Publicus Asia, Inc. found.
1 min |
October 24, 2025
Business World Philippines
Creative destruction in the Philippines
THE 2025 Nobel Prize in Economics is out. Institutionalists, economic historians, and political economists have won again, this time Joel Mokyr, Philippe Aghion, and Peter Howitt.
4 min |
October 24, 2025
Business World Philippines
Smart says COO Martirez resigned to start own business
SMART Communications, Inc., the wireless arm of PLDT Inc., said its Chief Operating Officer (COO) Anastacio R. Martirez has stepped down from his post to pursue entrepreneurial ventures.
1 min |
October 24, 2025
Business World Philippines
JBL releases tools for musicians, wireless home speakers
The BandBox makes global debut in the Philippines
2 min |
October 24, 2025
Business World Philippines
P270-M graft cases filed over substandard, ‘ghost’ projects in La Union, Davao Occidental
THE Department of Public Works and Highways (DPWH) on Thursday filed two verified complaints before the Office of the Ombudsman involving over P270 million worth of allegedly substandard and ghost infrastructure projects in La Union and Davao Occidental.
2 min |
October 24, 2025
Business World Philippines
Carlos Yulo vies for floor exercise first despite wrist issues
THE Philippines’ golden boy Carlos Yulo carries out the first part of his mission in the 53\" FIG Artistic Gymnastics World Championships as he vies for the floor exercise mint on Friday in Jakarta.
1 min |
October 24, 2025
Business World Philippines
GMA, Viva Records set up joint venture for music-related ventures
GMA NETWORK, INC.,a listed broadcasting company, said its board of directors has authorized the incorporation of a joint venture company with Viva Records Corp., a record label under Viva Communications, Inc., to engage in music-related businesses.
1 min |
October 24, 2025
Business World Philippines
BSP, PDIC update agreement on bank examination
THE BANGKO SENTRAL ng Pilipinas (BSP) and the Philippine Deposit Insurance Corp. (PDIC) last week signed a revised agreement on bank examination for better coordination.
1 min |
October 24, 2025
Business World Philippines
Wall St. ends lower on mixed earnings, revived US-China trade tensions
Wall Street closed lower on Wednesday as a wave of mixed earnings, including Netflix’s disappointing results, dampened risk sentiment as investors assessed reports that the Trump administration is considering curbs on exports to China made with US software.
2 min |
October 24, 2025
Business World Philippines
Silver’s record run is being driven by solar power
SILVER’s booms and busts are typically turbocharged by excitable investors. Sober industrialists bear their share of responsibility, though.
3 min |
October 24, 2025
Business World Philippines
PHL’s largest agri exhibit highlights importance of logistics
AGRILINK, Foodlink, and Aqualink 2025, opened last Oct. 2 at the World Trade Center, Pasay City, brought together farmers, agripreneurs, industry leaders, policymakers, international partners, and consumers for three days of exhibits, seminars, and networking opportunities.
2 min |
October 24, 2025
Business World Philippines
DoF sees digitalization deterring misuse of taxes
THE Department of Finance (DoF) said digital reforms will mitigate corruption and rebuild trust in tax administration, as the government faces questions about corruption in flood control projects.
1 min |
October 24, 2025
Business World Philippines
Taiwan wary China’s new economic plan could include sensitive frontline islands, sources say
Taiwan is warily watching whether China could seek to try and exert economic control over sensitive frontline Taiwanese islands in a key development plan being discussed in Beijing this week, officials familiar with the matter said.
2 min |
October 24, 2025
Business World Philippines
Peso extends slump vs dollar as oil prices surge
THE PESO slumped further against the dollar on Thursday to hit a fresh near nine-month low following the sharp increase in global oil prices after US President Donald J. Trump imposed sanctions on Russian oil companies.
2 min |
October 24, 2025
Business World Philippines
Rice price monitoring stepped up as import ban approaches 60 days
THE Department of Agriculture said it ordered one of its agencies to conduct more inspections of rice traders to enforce the maximum suggested retail price (MSRP) of P43 per kilogram.
1 min |
October 24, 2025
Business World Philippines
Manila says it’s not ruling out Chinese island-building at Scarborough Shoal
THE PHILIPPINES is not ruling out possible Chinese island-building activity at Scarborough Shoal, Manila’s Defense Secretary Gilberto C. Teodoro, Jr. said on Thursday, as tensions escalate between the two nations over the contested South China Sea.
3 min |
October 24, 2025
Business World Philippines
Purpose and profit
In the wake of ongoing scandals and controversies, trust in institutions appears to have eroded.
2 min |
October 24, 2025
Business World Philippines
EV maker in initial talks to make cars in PHL
AN ELECTRIC VEHICLE (EV) manufacturer has sent feelers to the government about the possibility of building EVs in the Philippines, the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) said.
1 min |
October 24, 2025
Business World Philippines
PhilRice's PRISM satellite monitoring system for rice recognized at FAO meeting
THE Food and Agriculture Organization (FAO) recognized the Philippine Rice Research Institute (PhilRice) and its satellite system for innovating sustainable plant production.
1 min |
October 24, 2025
Business World Philippines
Aluminum surges after Iceland smelter incident
Aluminum prices touched their highest in more than three years on Wednesday on concern about potential shortages after a smelter incident in Iceland.
1 min |