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Business World Philippines

HitPay teams up with Ingenico to roll out payment system for SMEs

HITPAY Payment Solutions, Inc. has partnered with financial technology company Ingenico to launch an all-in-one system that will allow small and medium enterprises (SMEs) to accept major types of payments like cards and e-wallets for transactions.

1 min  |

October 08, 2025
Business World Philippines

Business World Philippines

The case for nuclear power as a strategic baseload imperative

The Philippines, despite its own challenges, is on track to achieve upper middle-income status by the end of this year or in 2026 — a milestone defined by the World Bank based on gross national income per capita. Beyond economic symbolism, this signals real improvements in the quality of life for many Filipinos. But to sustain this momentum, one crucial factor stands out: a stable, reliable, and affordable energy supply.

3 min  |

October 08, 2025

Business World Philippines

Marcos puts education at core of development plan with bigger budget push

PRESIDENT Ferdinand R. Marcos, Jr. vowed to make education the centerpiece of his administration’s development plan, ordering tighter budget alignment and faster project rollout as the Philippines struggles with one of the world’s weakest student performance records.

1 min  |

October 07, 2025

Business World Philippines

To keep true to her vision, Morissette produces own concert

Show marks her 15th anniversary in the biz

2 min  |

October 07, 2025

Business World Philippines

Philippine graft scandal may worsen stocks rout, says PSE president

PHILIPPINE Stock Exchange, Inc. (PSE) President and Chief Executive Officer Ramon S. Monzon has urged a “swift” and “credible” investigation of corruption allegations facing the government, warning they may do further damage to the country’s stock market.

1 min  |

October 07, 2025

Business World Philippines

T-bill yields correct higher before inflation data

THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday even as yields corrected higher amid broad market volatility due to overseas concerns and before the release of September inflation data and the Bangko Sentral ng Pilipinas’ (BSP) policy meeting.

3 min  |

October 07, 2025

Business World Philippines

PHINMA leverages education, hotel, construction units for Saludad

LISTED conglomerate PHINMA Corp. is leveraging its education, construction, and hospitality units for the development of its real estate arm’s first township outside Metro Manila.

1 min  |

October 07, 2025

Business World Philippines

Gov't raises ICC review threshold to P5B, expands oversight to PPP projects

THE ECONOMY and Development (ED) Council has overhauled the review and approval process for government programs and infrastructure projects, such as raising the cost threshold and including public-private partnership (PPP) projects.

3 min  |

October 07, 2025
Business World Philippines

Business World Philippines

Marcos says anti-graft drive needed to sustain Philippine economic growth

PHILIPPINE PRESIDENT Ferdinand R. Marcos, Jr. said his administration’s campaign against fraudulent public works projects is needed to sustain economic growth, as he ordered the realignment of P255.5 billion from questionable flood control programs toward social services, healthcare, education and agriculture.

3 min  |

October 07, 2025

Business World Philippines

White House: Mass layoffs of workers will start if shutdown talks ‘going nowhere’

The Trump administration will start mass layoffs of federal workers if President Donald J. Trump decides negotiations with congressional Democrats to end a partial government shutdown are “absolutely going nowhere,” a senior White House official said on Sunday.

2 min  |

October 07, 2025

Business World Philippines

Philippines’ nuclear energy towards industrialization

Last week, on Oct. 2 and 3, I attended the second “Philippines International Nuclear Supply Chain Forum 2025,” organized by the Department of Energy (DoE) and held at Grand Hyatt Manila, BGC, Taguig City.

2 min  |

October 07, 2025

Business World Philippines

Is corruption inborn in democracy?

‘No. But… Said one Filipino senator a couple of weeks ago: “Lahat naman corrupt, tanggapin niyo na lang.

6 min  |

October 07, 2025

Business World Philippines

Belen debuts as Capital1 faces Choco Mucho in Reinforced Conference

SUPERSTAR ROOKIE Mhicaela “Bella” Belen will make her much-awaited debut as Capitall clashes with Choco Mucho in Tuesday's start of the Premier Volleyball League Reinforced Conference at the Ynares Center Montalban.

1 min  |

October 07, 2025
Business World Philippines

Business World Philippines

Singular voices amidst the noise

A look at Cinemalaya 2025 Shorts A

4 min  |

October 07, 2025
Business World Philippines

Business World Philippines

Motorcycle sales up 11.8% in first 8 months

MOTORCYCLE SALES hit 1.23 million units in the first eight months, up 11.8% from a year earlier, the Motorcycle Development Program Participants Association, Inc. (MDPPA) said in a statement.

1 min  |

October 07, 2025

Business World Philippines

DA to open Jan. rice import window

THE PHILIPPINES will implement a one-month rice import window in January and reimpose a ban on imports from February to April, as the government seeks to support the prices of rough rice in the 2026 harvest season.

4 min  |

October 07, 2025

Business World Philippines

VHM gets US interest of up to $200M for rare earths project

AUSTRALIA'S VHM said on Monday it has received a letter of interest from the US Export-Import Bank (EXIM) for up to $200 million in funding to support development of its Goschen rare earths and mineral sands project.

1 min  |

October 07, 2025

Business World Philippines

Peso plunges to 8-month low on Japan policy bets

THE PESO plunged to more than an eight-month low on Monday to track the broad decline of Asian currencies against the dollar due to Japan’s surprise pick for its next prime minister, Reuters reported.

1 min  |

October 07, 2025

Business World Philippines

Marcos vows 'no money will go to waste'

PRESIDENT Ferdinand R. Marcos, Jr. vowed to tighten government spending and curb inefficiencies in the use of public funds as he called for faster project implementation and better coordination among agencies on Monday.

3 min  |

October 07, 2025

Business World Philippines

Philippine senators buck call for snap elections

PHILIPPINE senators on Monday rejected a proposal by Senate Minority Leader Alan Peter S. Cayetano for a snap election, saying it would only worsen political instability as the government faces scrutiny over alleged corruption in infrastructure spending.

1 min  |

October 07, 2025

Business World Philippines

'Dinosaur egg' artisanal salt wins GI mark

THE Intellectual Property Office of the Philippines (IPOPHL) said it approved the registration of Bohol’s Alburquerque Asin Tibuok as a geographical indication (GI), which is expected to enhance the artisanal salt product’s marketability.

1 min  |

October 07, 2025

Business World Philippines

UCAL expands sports programs in Season 8

THE Universities and Colleges Athletic League (UCAL) will celebrate its eighth year by adding two more sports in a continuing expansion of its sports programs as one of the fast-rising collegiate leagues in the country.

2 min  |

October 07, 2025

Business World Philippines

OpenAI to boost content owners' control for Sora AI video app, plans monetization

CHATGPT creator OpenAl will soon introduce controls allowing the owners of content rights to dictate how their characters are used in its artificial intelligence (AD video-generating tool Sora and plans to share revenue with those who permit such use.

1 min  |

October 07, 2025

Business World Philippines

Redevelopment deal signed for John Hay Mile Hi complex

THE Bases Conversion and Development Authority (BCDA) said it tapped the consortium of the Istana Development Corp. (IDC) and Meridian Commercial Centers, Inc. (MCCI to lead the P560-million redevelopment of the Mile Hi commercial center in Camp John Hay.

1 min  |

October 07, 2025

Business World Philippines

Russia says it downs 251 Ukrainian drones, including 61 over Black Sea

RUSSIA said on Monday its air defense units destroyed 251 Ukrainian drones overnight, most of them over the southwest, with 61 over the waters of the Black Sea and one heading towards Moscow.

1 min  |

October 07, 2025

Business World Philippines

Rice import suspension, tariff hike called harmful to PHL’s poorest 30%

THE Foundation for Economic Freedom (FEF) said the proposals put forward by the Department of Agriculture (DA) to address weak prices of palay (unmilled rice) reflect short-term thinking that erode competitiveness and harm the poorest third of the population.

1 min  |

October 07, 2025

Business World Philippines

Oil prices rebound on lower OPEC+ output hike

Oil prices rose around 1.5% on Monday after OPEC+ announced a more modest monthly increase in production than expected, tempering some concerns about supply additions, though analysts expect near-term gains to be capped by a soft demand outlook.

1 min  |

October 07, 2025

Business World Philippines

Gold scales past $3,900 for first time

GOLD surged past the $3,900-an-ounce level for the first time on Monday, driven by safe-haven demand following fall in the yen, the US government shutdown and the growing expectations of additional US Federal Reserve rate cuts.

1 min  |

October 07, 2025

Business World Philippines

IC allows Intra Strata to resume business

THE INSURANCE COMMISSION (IC) has allowed nonlife insurer Intra Strata Assurance Corp. (ISAC) to resume its normal operations as it has been released from conservatorship following its failure to submit regulatory requirements.

1 min  |

October 07, 2025

Business World Philippines

Insurers told to speed up quake claims

THE Insurance Commission (IC) has ordered insurers, mutual benefit associations, health maintenance organizations and pre-need companies to accelerate the processing of claims from victims of the 6.9-magnitude earthquake in Cebu and Typhoon Opong.

1 min  |

October 07, 2025