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India, Malaysia renew pledges to boost trade, collaboration
Business World Philippines
|February 09, 2026
India’s Prime Minister Narendra Modi and his Malaysian counterpart Anwar Ibrahim renewed pledges on Sunday to bolster trade and explore potential collaborations in semiconductors, defense and other fields.
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Mr. Modi is on a two-day visit to the Southeast Asian nation, his first since the two countries elevated ties to a comprehensive strategic partnership in August 2024.
Mr. Anwar said the partnership included deep collaborations in multiple fields, including trade and investments, food security, defense, healthcare, and tourism.
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Business World Philippines
Insurance sector books higher premiums
THE INSURANCE INDUSTRY’s combined premium income increased by 14.1% last year, with the life sector making up 80% of the total, the Insurance Commission (IC) said on Tuesday.
2 mins
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Business World Philippines
Love is in bloom
LAS FLORES, part of The Bistro Group, is cooking up something romantic for Valentine's Day.
2 mins
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Business World Philippines
US household credit troubles tick up in 2025
OVERALL CREDIT TROUBLES in the US increased modestly but held at low levels during the fourth quarter as some parts of the mortgage market saw accelerated fraying, amid ongoing difficulties for student loan borrowers, the Federal Reserve Bank of New York said in a report released on Tuesday.
2 mins
February 12, 2026
Business World Philippines
PAGCOR projecting flat GGR on caution over stagnant tourism
GROSS GAMING REVENUE (GGR) is expected to be flat this year on caution over tourist arrivals, the Philippine Amusement and Gaming Corp. (PAGCOR) said.
2 mins
February 12, 2026
Business World Philippines
Illicit tobacco trade threatens fiscal stability, says DoF
THE PHILIPPINE government's excise tax collections on tobacco products have steadily declined in the previous years due to smuggling, Department of Finance (DoF) officials said on Wednesday, warning that unchecked illegal trade could undermine fiscal stability and jeopardize funding for public health programs.
2 mins
February 12, 2026
Business World Philippines
Crude oil prices steady on Iran and US tensions; US data eyed
Oil prices were little changed on Tuesday as the market waited for direction from news on diplomatic relations between the US and Iran, efforts to end Russia’s war in Ukraine and data on the US economy and US oil inventories.
2 mins
February 12, 2026
Business World Philippines
DTI eyes more investments in aerospace manufacturing
THE Department of Trade and Industry (DTI) is looking to attract investments in aerospace manufacturing and services as well as sustainable aviation fuel, an official said.
3 mins
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Business World Philippines
Peso seen settling at P59.70:$1 by end-2026
THE PESO may settle at P59.70 against the dollar by end-2026 on expectations of an economic rebound driven by improved investor confidence, Metropolitan Bank & Trust Co. (Metrobank) said.
2 mins
February 12, 2026
Business World Philippines
Vinfast revises battery subscription policy in the Philippines, reducing EV ownership costs by up to 20%
In addition to the traditional route of purchasing a vehicle with the battery included, customers can own a VinFast electric vehicle (EV) under a battery subscription model.
2 mins
February 12, 2026
Business World Philippines
BSP: Economy to rebound by 2 d half
THE PHILIPPINE ECONOMY is on track to bounce back this year as business confidence has begun to improve, Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. said.
2 mins
February 12, 2026
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