Newspaper
Business World Philippines
Oil prices settle at five-month low as supply glut fears mount
Oil prices settled at their lowest since early May on Monday as investors weighed a potential global glut, with US-China trade tensions adding to concerns about an economic slowdown and weaker energy demand.
1 min |
October 22, 2025
Business World Philippines
Peso extends slide as Japan elects new PM
THE PESO slid further against the dollar on Tuesday along with other Asian currencies as Japan elected a new prime minister (PM) viewed as conservative.
1 min |
October 22, 2025
Business World Philippines
Cocoa prices ease while sugar and arabica coffee climb
COCOA futures on ICE declined on Monday, slipping back towards a more than 1-1/2-year low set a week ago, while sugar and arabica coffee prices rose.
1 min |
October 22, 2025
Business World Philippines
Masbate tourism workers granted emergency cash aid
TOURISM SECRETARY Christina G. Frasco and Social Welfare and Development Secretary Rexlon T, Gatchalian led the Emergency Cash Transfer (ECT) aid distribution on Monday to 677 tourism workers in Masbate, the Department of Tourism (DoT) said.
1 min |
October 21, 2025
Business World Philippines
Stories for kids at Ascott Makati
Adarna Books Suite offers a stay filled with children’s literature
2 min |
October 21, 2025
Business World Philippines
A new populist tool
LAST WEEK, Laguna Governor Marisol “Sol” Aragones announced a blanket suspension of in-person classes at all levels, shifting all schools — public and private alike — to online learning.
4 min |
October 21, 2025
Business World Philippines
Nation branding: Why a country’s reputation is its strongest currency
When people think of Switzerland, visions of precision watches and delectable chocolates come to mind.
4 min |
October 21, 2025
Business World Philippines
Converge targets year-end launch for international cables
CONVERGE ICT Solutions, Inc. expects its international cable systems, the Bifrost and the Southeast Asia Hainan-Hong Kong Express Cable System (SEA-H2X), to go live by the end of 2025.
1 min |
October 21, 2025
Business World Philippines
StanChart grants $75-M social loan to Asialink Group
STANDARD CHARTERED PLC (StanChart) on Monday signed a $75-million social financing deal with Asialink Group, marking a milestone that could expand the local lender’s loan capacity and bring its initial public offering (IPO) timeline forward to 2027.
1 min |
October 21, 2025
Business World Philippines
Bop surplus narrows to $82 million in Sept.
THE PHILIPPINES' balance of payments (BOP) surplus sharply narrowed year on year in September, the central bank reported on Monday.
2 min |
October 21, 2025
Business World Philippines
Megawide bags P1.2-B Baguio City terminal project
MEGAWIDE Construction Corp. said it has received the notice of award from the Baguio City Government for the implementation of the P1.2-billion Baguio City Integrated Terminal (BCIT) project, expanding its transport infrastructure portfolio.
2 min |
October 21, 2025
Business World Philippines
Fisher Mall plans to add 5,000 sq.m. of retail space to meet tenant demand
THE FISHER MALL GROUP is planning to expand its Quezon City mall by adding 3,000 to 5,000 square meters (sq.m.) of new retail space to accommodate tenants seeking to widen their footprint.
1 min |
October 21, 2025
Business World Philippines
Digital transformation ‘no longer optional’ amid changing global order
DIGITALIZATION will not only make the Philippines a more competitive market for investments amid the shifting world order but also help in deterring corruption, industry leaders and a government official said.
2 min |
October 21, 2025
Business World Philippines
A new era of digital governance for ecozone enterprises
Transacting with the Philippine Economic Zone Authority (PEZA) for over two years, I have found its processes consistently convenient and efficient.
3 min |
October 21, 2025
Business World Philippines
ERC approves higher FIT-All rate
CONSUMERS may see higher electricity bills starting next month as the Energy Regulatory Commission (ERC) approved a new feed-in tariff allowance (FIT-All) that goes to paying renewable energy (RE) developers.
3 min |
October 21, 2025
Business World Philippines
Maharlika says focus is on long-term investments amid calls to help stem stock rout
THE MAHARLIKA Investment Corps (MIC) focus remains on long-term investments, its chief said amid calls for its help to stabilize the Philippine stock market, which has been on a downtrend amid weak sentiment due to a widening corruption scandal that has threatened the country’s growth prospects.
2 min |
October 21, 2025
Business World Philippines
House open to cutting standby fund but caution needed, lawmaker says
THE House of Representatives is open to cutting unprogrammed appropriations, a lawmaker said on Monday, but warned that some projects still require standby funding despite calls for proposed reductions.
2 min |
October 21, 2025
Business World Philippines
Nexperia says Chinese unit operating as usual as tensions with the Netherlands run high
Nexperia said on Sunday that its employees in China still have access to company platforms and are receiving salaries as usual, a day after its China unit asserted that it had the right to operate independently of the Dutch parent.
2 min |
October 21, 2025
Business World Philippines
Government fully awards T-bills as demand surges
THE BUREAU of the Treasury fully awarded Treasury bills at an auction on Monday as investors flocked to short-term debt amid expectations of further interest rate cuts from the Bangko Sentral ng Pilipinas (BSP) and US Federal Reserve.
2 min |
October 21, 2025
Business World Philippines
Kering to sell beauty business to L'Oreal for $4.66 billion to cut debt, refocus on fashion
Gucci owner Kering said on Sunday it has agreed to sell its beauty business to L’Oréal for €4 billion ($4.66 billion), as new Chief Executive Officer (CEO) Luca de Meo moves to tackle the luxury group’s high debt and refocus on its core fashion business.
2 min |
October 21, 2025
Business World Philippines
Business chamber says ICI needs subpoena powers in infra probe
THE PHILIPPINE Chamber of Commerce and Industry (PCCI) said the body investigating public works corruption lacks the subpoena powers to compel persons of interest to appear before it.
1 min |
October 21, 2025
Business World Philippines
Work starts on NSCR's underground FTI station
CONSTRUCTION has commenced on an underground station of the North-South Commuter Railway (NSCR) in Bicutan, Taguig City, a member of the contracting joint venture for the station said.
1 min |
October 21, 2025
Business World Philippines
Text, market access components of CEPA talks with Chile targeted for completion within the year
THE PHILIPPINES and Chile are hoping to conclude text-based and market access negotiations for a free trade agreement (FTA) within the year, the Department of Trade and Industry (DTI) said.
1 min |
October 21, 2025
Business World Philippines
Groups ask Ombudsman to probe impeachment raps vs VP Duterte
A CITIZEN coalition on Monday filed a letter before the Office of the Ombudsman urging an investigation into allegations raised in the impeachment complaints against Vice-President Sara Duterte-Carpio over her alleged misuse of confidential and intelligence funds (CIF) and grave abuse of power.
1 min |
October 21, 2025
Business World Philippines
Din Tai Fung Philippines marks 10 years with expansion beyond Metro Manila
DIN TAI FUNG PHILIPPINES, the local franchise of the world-renowned Taiwanese restaurant brand, is marking its 10th year by expanding beyond Metro Manila, with new stores opening in Cebu and Pampanga as it responds to growing demand outside the capital region.
2 min |
October 21, 2025
Business World Philippines
Alsons Dev to start Aldevinco site redevelopment by end-October
THE redevelopment of the Aldevinco Shopping Center site in downtown Davao City is set to begin by the end of October, according to Alsons Development and Investment Corp. (Alsons Dev).
1 min |
October 21, 2025
Business World Philippines
Gold gains on US rate cut optimism
GOLD PRICES edged higher on Monday, supported by the prospect of further US interest rate cuts, while investors awaited key inflation data and upcoming trade negotiations between Washington and Beijing this week for further direction.
1 min |
October 21, 2025
Business World Philippines
Meralco Bolts shift focus to East Asia Super League
SUCCESSFUL in hurdling their killer schedule in the PBA, the Meralco Bolts quickly shifted their focus to kicking off their East Asia Super League (EASL) campaign on a bright note.
1 min |
October 21, 2025
Business World Philippines
Political spectacle at full force
TO DEEPEN the deconstruction of the national hero, TBA Studios and director Jerrold Tarog’s Bayaniverse series have tuned their attention to Manuel L. Quezon, Set in the American occupation, Quezon depicts the political squabbles and brutal manipulation that its titular figure must resort to in order to attain independence for the Philippines.
1 min |
October 21, 2025
Business World Philippines
Alba Viento Power Corp. plans P34-B wind farm in Zambales
RENEWABLE ENERGY developer Alba Viento Power Corp. is proposing to build a 300-megawatt (MW) wind farm in Zambales with an estimated cost of $600 million (P34 billion).
1 min |