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Business World Philippines

DoE may conduct separate auction for nuclear energy

THE Department of Energy (DoE) said it is exploring the possibility of organizing a dedicated auction for nuclear energy in order to accommodate a broad selection of proponents.

1 min  |

October 03, 2025

Business World Philippines

Anscor exits The Bistro Group with P1.91-billion sale to Inoza

INOZA BUSINESS HOLDINGS, INC., an affiliate of Progeny Global Holdings that operates the Bounty Fresh brand, has acquired listed holding company ‘A. Soriano Corp’s (Anscor) minority stake in The Bistro Group (TBG), a casual dining restaurant operator, for P1.91 billion.

1 min  |

October 03, 2025

Business World Philippines

CoA flags P351M in ghost flood projects in Bulacan

THE Commission on Audit (CoA) has filed four more fraud audit reports with the Independent Commission for Infrastructure (ICI), citing more than P351 million in fully paid flood control projects in Bulacan that either do not exist or failed to meet government specifications.

1 min  |

October 03, 2025

Business World Philippines

BoC to receive P50 billion in funding diverted from DPWH

THE Bureau of Customs (BoC) said it expects to use the P50 billion it will receive from the reallocated public works budget to fund its efforts in countering a recent rise in physical smuggling.

2 min  |

October 03, 2025

Business World Philippines

Ayala Land allots P10.3B for 204-ha Davao estate

LISTED property developer Ayala Land, Inc. (ALI) has earmarked P10.3 billion to develop Ascenda in Davao City, which will become its largest mixed-use estate in Mindanao.

1 min  |

October 03, 2025

Business World Philippines

Honda dealerships under ACMobility to close by Dec. 31

ACMOBILITY, the mobility solutions unit of the Ayala group, is ending its dealership network with Honda Cars Philippines, Inc. (HCPI) by Dec. 31 as it shifts focus to other ventures, including its electric vehicle (EV) business.

1 min  |

October 03, 2025
Business World Philippines

Business World Philippines

Generative AI might end up being worthless — and that could be a good thing

In the rush to cash in on the generative artificial intelligence (AI) gold rush, one possible outcome of Al’s future rarely gets discussed: what if the technology never works well enough to replace your coworkers, companies fail to use AI well, or most AI startups simply fail?

3 min  |

October 03, 2025

Business World Philippines

Managing an incompetent boss

I'm the environment compliance manager of a small factory. During my first month, I was surprised to learn of the plant manager's many leadership issues. I was expecting to learn from him, and yet, it appears that I should be the one teaching him. What can I do? - Cookie Crunch.

3 min  |

October 03, 2025

Business World Philippines

Integrity, blockchain, and the birth of the people chain

On Tuesday, at the Asian Institute of Management in Makati, we launched something historic: the Integrity Chain. It is the world's first private sector-led blockchain initiative dedicated to ensuring transparency in government budgets.

4 min  |

October 03, 2025

Business World Philippines

8990 Holdings Q2 income up 13%, delisting completion set for Oct. 29

REAL ESTATE developer 8990 Holdings, Inc. (HOUSE) posted a 13.2% increase in its second-quarter (Q2) attributable net income to P1.54 billion from P1.36 billion a year earlier, driven by higher sales.

1 min  |

October 03, 2025

Business World Philippines

Sanctions urged vs BPOs that kept employees at work after Cebu quake

A LEGISLATOR called for business process outsourcing (BPO) companies to be sanctioned after they allegedly kept employees at work after a 6.9-magnitude earthquake struck Cebu province earlier this week.

1 min  |

October 03, 2025

Business World Philippines

Trade dep’t to refer MSMEs to LANDBANK loan program

THE Department of Trade and Industry (DTI) said it is entering into a partnership with Landbank of the Philippines (LANDBANK) to provide capital to micro, small and medium enterprises (MSMEs).

1 min  |

October 03, 2025
Business World Philippines

Business World Philippines

PLDT High Speed Hitters shoot for third straight crown in Premier League Reinforced Conference

CREAMLINE will open its title defense without the one player it had hoped would play — Jia de Guzman — while PLDT eyes its third straight title in the forthcoming Premier Volleyball League Reinforced Conference.

1 min  |

October 03, 2025
Business World Philippines

Business World Philippines

Mookie Betts' 4-hit night sends Dodgers past Reds, into NLDS

Yoshinobu Yamamoto pitched into the seventh inning, Mookie Betts produced four hits and three RBIs and the Los Angeles Dodgers rallied for an 8-4 victory over the Cincinnati Reds on Wednesday to advance to the National League Division Series (NLDS).

2 min  |

October 03, 2025
Business World Philippines

Business World Philippines

Driving the future of SUVs for modern roads

THE PHILIPPINE automotive industry leaned heavily on sport utility vehicles (SUVs) and other light units to boost overall sales in the first half of 2025.

4 min  |

October 03, 2025
Business World Philippines

Business World Philippines

Megaworld building P20-B estate on site of old San Lazaro racetrack

LISTED property developer Megaworld Corp. is investing P20 billion in an old Manila-inspired mixed-use development on the former San Lazaro Hippodrome site in Santa Cruz, Manila.

2 min  |

October 03, 2025

Business World Philippines

TURKISH AIRLINES widens the world

THE PHILIPPINES became part of the largest network of flight destinations when Turkish Airlines first flew out of Manila in 2015. This wide-reaching global connectivity has been recognized by a certification from the Guinness World Records. Today the Star Alliance member operates flights to 303 international destinations across six continents, the most than any other airline in the world.

2 min  |

October 02, 2025
Business World Philippines

Business World Philippines

Powerful earthquake rocks central Philippines, killing at least 69 people

A 6.9-MAGNITUDE earthquake struck the central Philippine province of Cebu on Tuesday night, leaving at least 69 people dead, according to the local disaster agency.

3 min  |

October 02, 2025

Business World Philippines

National Teachers’ Month shines spotlight on early childhood care

SPEARHEADED by the NTM Coordinating Council (NTMCC) composed of over 60 partner organizations under the leadership of Metrobank Foundation, Inc. (MBFI) and the Department of Education (DepEd), the 17th National Teachers’ Month (NTM) officially kicked off last September with a special focus on Early Childhood Care and Development (ECCD).

1 min  |

October 02, 2025

Business World Philippines

Philippine priority bills may risk missing structural fixes

PRESIDENT Ferdinand R. Marcos, Jr.’s administration has set 44 priority measures for Congress, but critics say the package risks falling short of addressing the Philippines’ deep economic weaknesses despite promises of stronger governance, wider social services and energy security.

2 min  |

October 02, 2025

Business World Philippines

Ayala-led IMI consolidates China operations

AYALA-LED Integrated Micro-Electronics, Inc. (IMI) has completed the consolidation of its Kuichong operations into its Pingshan facility in Shenzhen, China, a move expected to streamline its presence in the country, improve efficiency, and increase capacity utilization.

1 min  |

October 02, 2025

Business World Philippines

My two cents on the Trillion Peso March against corruption

TAXWISE OR OTHERWISE

4 min  |

October 02, 2025
Business World Philippines

Business World Philippines

Over 1,000 Filipino students to benefit from landmark green jobs training program

JPMORGANCHASE, Junior Achievement of the Philippines, and the Department of Education launched Career Connect, a landmark program focused on building pathways to green jobs.

1 min  |

October 02, 2025

Business World Philippines

PBA unveils newest member Pureblends Corp. Giant Risers

AS THE PBA met the media to launch its 50\" season on Wednesday, the pro league brought in tow the newest member of the family —Pureblends Corporation.

2 min  |

October 02, 2025

Business World Philippines

Taiwan will not agree to 50-50 chip production deal with US

Taiwan will not agree to a deal with the United States for half of all semiconductor production to take place in the country, the island’s top tariff negotiator said on Wednesday after returning home.

1 min  |

October 02, 2025

Business World Philippines

Bargain hunting lifts PSEi back to 6,000 level

PHILIPPINE SHARES rebounded on Wednesday as investors took advantage of lower prices following the market's seven-day losing run.

2 min  |

October 02, 2025

Business World Philippines

Western Union rolls out mobile app in PHL

WESTERN UNION on Wednesday launched its new mobile application in the Philippines, which it expects to help boost fund flows and make remittances more convenient.

1 min  |

October 02, 2025

Business World Philippines

Controlling a high budget deficit, reducing public debt

Last week the Bureau of the Treasury (BTr) released the cash operations report (COR) then the outstanding public debt for August. So here I have compared the date from January to August this year with the data in the same months in previous years, 2019 to 2024.

2 min  |

October 02, 2025

Business World Philippines

Wall St. indexes close higher with quarterly and monthly gains

Wall Street's three major indexes managed to close Tuesday’s choppy session higher, marking quarterly and monthly gains, even as investors braced for a US government shutdown, which would delay key economic reports and muddy the US Federal Reserve's interest rate policy outlook.

2 min  |

October 02, 2025

Business World Philippines

Tropical Depression Paolo forms, may hit Luzon by Friday — state weather bureau

TROPICAL Depression Paolo has developed from a low-pressure area east of Catanduanes in the Bicol region and was expected to make landfall over Isabela or northern Aurora on Friday, the state weather bureau said on Wednesday.

1 min  |

October 02, 2025