Newspaper
Business World Philippines
Rice drying capacity set for 35-40% upgrade
THE Department of Agriculture (DA) said it is allocating P3.3 billion to procure 300 rice drying systems over the next three years, raising capacity for the process by 35-40%.
1 min |
October 17, 2025
Business World Philippines
ATI weighing new Ro-Ro berth to handle automobile demand
ASIAN TERMINALS, INC. (ATI) said it is weighing the construction of an additional roll-on/roll-off (Ro-Ro) berth in Batangas in anticipation of growing demand for automobiles.
1 min |
October 17, 2025
Business World Philippines
Gold extends record run past $4,200
GOLD PRICES breached $4,200 per ounce for the first time on Wednesday, extending a record rally as rising interest rate cut bets and geopolitical jitters send investors flocking to the safe-haven metal.
1 min |
October 17, 2025
Business World Philippines
The House that never learns
Even as revelations of anomalous flood control projects and grotesque kickbacks obliterated Filipinos' sense of proportion, lawmakers pushed through with a budget that perpetuates the very scheme that enabled this plunder.
5 min |
October 17, 2025
Business World Philippines
First-time card users to drive growth in PHL credit market
FIRST-TIME credit card users are seen to drive growth in the country’s credit market as the product can serve as their entry point to other financial services, according to a TransUnion study.
3 min |
October 17, 2025
Business World Philippines
Germany sees 'untapped' potential for PHL trade
GERMANY views its trade relationship with the Philippines to hold much untapped potential, an embassy official said.
1 min |
October 17, 2025
Business World Philippines
Manila says Chinese forces harassed patrol plane near Scarborough Shoal
CHINESE FORCES harassed a Philippine maritime patrol aircraft near the disputed Scarborough Shoal in the South China Sea, Manila’s coast guard said late on Wednesday, in the latest flareup of tensions that have simmered since Sunday.
2 min |
October 17, 2025
Business World Philippines
BlackRock and Nvidia group buys $40-billion Al data center
AN INVESTOR GROUP including BlackRock, Microsoft and Nvidia is buying one of the world’s biggest data center operators with nearly 80 facilities in a deal worth $40 billion to secure coveted computing capacity for artificial intelligence (AI).
2 min |
October 17, 2025
Business World Philippines
Marcos counts on e-vouchers to end hunger by 2027
PRESIDENT Ferdinand R. Marcos, Jr. on Thursday said his administration would scale up the use of electronic food vouchers under its anti-hunger project, a key part of his plan to eradicate hunger among the country’s poorest families by 2027.
1 min |
October 17, 2025
Business World Philippines
PHL steps up recovery of billions from anomalous flood control programs
THE GOVERNMENT has begun coordinating efforts to recover billions of pesos in assets tied to anomalous infrastructure projects spanning past and present administrations, officials said on Thursday.
2 min |
October 17, 2025
Business World Philippines
S&P 500 closes higher after quarterly bank results; chip stocks rally
THE S&P 500 ended higher on Wednesday, with Morgan Stanley and Bank of America rallying after solid quarterly results, while investors remained focused on the recent increase in China-US trade tensions.
1 min |
October 17, 2025
Business World Philippines
Premium F&B seen as top tourism spending driver
TOURISM SPENDING in the Philippines is expected to recover to pre-pandemic levels this year, with premium food and beverage (F&B) experiences being identified as the leading growth opportunity, Oxford Economics said.
1 min |
October 17, 2025
Business World Philippines
South Korean presidential policy chief says ‘optimistic’ about US tariff negotiations
South Korea’s chief presidential policy adviser said on Thursday he was “optimistic” about ongoing talks to finalize a trade deal with the US, in the latest remarks by officials suggesting progress in negotiations that had stalled for months.
1 min |
October 17, 2025
Business World Philippines
‘Budbud’ salt artisans given production tools
THE Bureau of Fisheries and Aquatic Resources (BFAR) said it delivered production equipment to artisanal “budbud” — salt makers in Iloilo.
1 min |
October 17, 2025
Business World Philippines
PAL to pilot GenAI voice agent to handle 80% of live agent tasks
Flag carrier Philippine Airlines (PAL) is investing in artificial intelligence (AI) technology to improve customer experience and operational efficiency, starting with Al-driven voice bots and a unified data platform that aims to deliver more personalized engagement.
2 min |
October 17, 2025
Business World Philippines
OpenAI’s pivot to porn is problematic — but lucrative
WHEN you're building artificial intelligence (AI) to benefit humanity, you might have to compromise.
3 min |
October 17, 2025
Business World Philippines
Japan provides grant to set up Isabela rice facility
THE Department of Foreign Affairs (DFA) said it signed an agreement with Japan to establish a 1.7 billion yen (P384.17 million) rice processing facility in Isabela.
1 min |
October 17, 2025
Business World Philippines
Jemaicah Yap Mendoza settles for girls U14 bronze
JEMAICAH YAP MENDOZA blew her golden chance at glory, succumbing to Russian Polina Smirnova in 43 moves of a Slav Defense in the 11th and final round to settle for a bronze in the girls' Under-14 division of the World Youth Chess Championships in Durres, Albania on Wednesday.
1 min |
October 17, 2025
Business World Philippines
CNPF boosts coconut processing capacity with P2.6-B Mindanao facility acquisition
LISTED food and beverage manufacturer Century Pacific Food, Inc. (CNPF) is expanding its coconut processing capacity with a $45-million (around P2.6 billion) investment to acquire and upgrade a fully integrated facility in Tupi, South Cotabato, from Roxas Sigma Agriventures, Inc. (RSAI) through its subsidiary Coco Harvest, Inc. (CHI).
1 min |
October 17, 2025
Business World Philippines
FLI pours P597M into housing, retail developments
GOTIANUN-LED Filinvest Land, Inc. (FLI) said it has used P596.98 million from last year’s share buyback proceeds to finance several residential and retail developments across the country.
1 min |
October 16, 2025
Business World Philippines
Sugar imports put on hold until 2026
THE Department of Agriculture (DA) and the Sugar Regulatory Administration (SRA) said they agreed to halt all sugar imports until around May or June 2026.
1 min |
October 16, 2025
Business World Philippines
Suzuki Philippines expands in Tagum with new 3S dealership
SUZUKI PHILIPPINES INC. (SPH), together with Grand Canyon Multi Holdings Inc., proudly inaugurated Suzuki Auto Tagum, a brand-new 3S dealership strategically located in Canocotan, Tagum City.
1 min |
October 16, 2025
Business World Philippines
51Talk teachers shine in Grand Teacher's Day celebration
ONLINE ENGLISH education platform 51Talk recently held its Grand Teachers’ Day Celebration, honoring hundreds of online ESL teachers across the Philippines.
1 min |
October 16, 2025
Business World Philippines
Old dogs and old tricks
IS ADVANCED AGE a barrier to providing value to an organization?
3 min |
October 16, 2025
Business World Philippines
Cocoa steadies near recent lows; coffee settles higher
Cocoa futures on ICE steadied on Tuesday, trading near recent 1-1/2-year lows as the new harvest gets underway in West Africa and demand worries prevail, while arabica coffee rallied to a one-month high.
1 min |
October 16, 2025
Business World Philippines
Aboitiz Group gives relief to over 9,000 families in Cebu
OVER 9,000 FAMILIES in Cebu have received vital assistance from the Aboitiz Group following the 6.9-magnitude earthquake that struck the province last week.
1 min |
October 16, 2025
Business World Philippines
DoF vows to address businesses’ tax concerns
FINANCE SECRETARY Ralph G. Recto has ordered the formation of a multi-sectoral working group to address tax woes raised by business leaders, the Department of Finance (DoF) said.
2 min |
October 16, 2025
Business World Philippines
Cybersecurity needs a rethink in the age of agentic artificial intelligence
ARTIFICIAL INTELLIGENCE (AI) has entered a new phase. It is shifting from passive tools to autonomous agents that can plan and act across digital and physical systems, often for extended periods and in concert with other agents.
4 min |
October 16, 2025
Business World Philippines
MSMEs 'severely disadvantaged' by lack of access to tech — PCCI
SMALL businesses are facing formidable obstacles to growth, especially the lack of access to technology, according to Enunina V. Mangio, president of the Philippine Chamber of Commerce and Industry (PCCI).
1 min |
October 16, 2025
Business World Philippines
Oil prices fall on US-China trade tensions, IEA supply glut views
Oil prices fell on Tuesday, settling 1.5% lower as the International Energy Agency (IEA) warned of a huge supply glut in 2026, and as trade tensions persisted between the US and China, the world’s two biggest economies.
1 min |