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Business World Philippines

Stringent biosecurity checks set for live freshwater prawn imports

THE Bureau of Fisheries and Aquatic Resources (BFAR) said it plans to assign a panel to conduct biosecurity checks on live imports of giant freshwater prawn to protect the aquaculture industry.

1 min  |

September 10, 2025

Business World Philippines

Islamic insurance’s growth in PHL may take years as awareness remains low

PRU LIFE Insurance Corp. of UK Philippines (Pru Life UK) expects takaful or Islamic insurance to start gaining momentum in two to three years as companies take a cautious approach towards what is a relatively new market for most players.

2 min  |

September 10, 2025

Business World Philippines

DEPDev: 52 flagship projects to be completed by 2028

AT LEAST 52 infrastructure flagship projects (IFPs) of the government are set for completion by 2028, the Department of Economy, Planning, and Development (DEPDev) said.

2 min  |

September 10, 2025

Business World Philippines

Ishiba’s departure gives Bank of Japan pause for thought on rate hikes

The appointment of a new Japanese prime minister next month could give the central bank more reasons to go slow on its next interest rate hike, especially if the next leader is wary of seeing borrowing costs rise too quickly.

3 min  |

September 10, 2025

Business World Philippines

PHL slumps in global talent ranking

THE PHILIPPINES fell to near bottom in an annual global ranking of countries’ ability to attract and retain a skilled workforce, amid a decline in the quality of life, the Institute for Management Development (IMD) World Competitiveness Center said.

3 min  |

September 10, 2025

Business World Philippines

Manufacturing output drops to 5-month low

MANUFACTURING OUTPUT fell to a five-month low in July amid uncertainty over US tariff policies and bad weather, analysts said.

3 min  |

September 10, 2025
Business World Philippines

Business World Philippines

SEC ZERO: Revolutionizing Philippine company registration

In line with Republic Act No. 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018, the Securities and Exchange Commission (SEC) took another bold step in digital transformation with the launch of the SEC Zuper Easy Registration Online (SEC ZERO) on July 17, 2024, which was subsequently made mandatory under SEC Memorandum Circular No. 3, Series of 2025.

3 min  |

September 10, 2025

Business World Philippines

Peso weakens as volatility hits markets

THE PESO dropped versus the dollar on Tuesday as global markets were hit with volatility due to political concerns in various countries and prospects of a US Federal Reserve rate cut next week.

2 min  |

September 10, 2025
Business World Philippines

Business World Philippines

What the White House doesn’t get about ‘war’

I HAVE no problem with renaming the Department of Defense into the Department of War, as Donald Trump is trying to do. (It’s technically not up to the president but to Congress, but the Republicans there will oblige him.) After all, that martial label was good enough from George Washington to Harry Truman. And “war” is more honest and descriptive than the somewhat euphemistic “defense.” As Trump put it, “we want to be offensive too if we have to be.” Even that holds water.

3 min  |

September 10, 2025

Business World Philippines

South Korea to send chartered plane to Atlanta to bring back workers

South Korea will send a chartered plane to Atlanta as early as Wednesday to bring back workers detained during a huge immigration raid last week on a car battery plant in the US state of Georgia, a Korean Air spokesperson said on Tuesday.

1 min  |

September 10, 2025
Business World Philippines

Business World Philippines

Imagination peoples the air

The Philippine Guest of Honor Pavilion at the Frankfurt Book Fair presents unique narratives

3 min  |

September 10, 2025

Business World Philippines

US weighs annual China chip supply approvals for Samsung Electronics and SK Hynix

THE United States is proposing annual approvals for the export of chipmaking supplies to Samsung Electronics and SK Hynix’s China-based factories, Bloomberg News reported on Monday.

1 min  |

September 10, 2025

Business World Philippines

Analysts see SM Prime’s US dollar bond issue as strategic funding for expansion

SM PRIME HOLDINGS, INC’S (SMPH) planned issuance of US dollar-denominated senior notes aligns with the need to diversify its funding sources, as it defers the initial public offering (IPO) of its planned real estate investment trust (REIT), analysts said.

2 min  |

September 10, 2025

Business World Philippines

PCCI says continued detention of FNI chairman eroding investor confidence

THE Philippine Chamber of Commerce and Industry (PCCI) said the delayed release of Global Ferronickel Holdings, Inc. (FNI) Chairman Joseph C. Sy is harmful to the investment climate.

1 min  |

September 10, 2025

Business World Philippines

Bazaars boost business sales, says jewelry entrepreneur

JOINING BAZAARS can help small businesses match their monthly online sales in just a day while raising brand visibility, according to a Filipina jewelry entrepreneur.

1 min  |

September 10, 2025

Business World Philippines

Chavez joins Paalam, Fajardo and Ogayre out of World Boxing tournament

FILIPINOS in the World Boxing Championships in Liverpool, England are falling like dominoes.

1 min  |

September 10, 2025

Business World Philippines

The critical infrastructure imperative: Powering growth and resilience

As of last month, the Marcos Jr. administration has identified 207 infrastructure flagship projects (IFPs) under the Build Better More program. These projects, whose cost amounts to P10.433 trillion, are intended to facilitate smoother trade flows, attract long-term investments, and support inclusive national development.

3 min  |

September 10, 2025

Business World Philippines

Oil prices settle up after OPEC+ opts for modest output increase

Oil prices settled higher on Monday, recovering some of last week’s losses, after producer group OPEC+ opted for a modest output hike and investors priced in the possibility of more sanctions on Russian crude.

1 min  |

September 10, 2025

Business World Philippines

EU envoy in Washington for talks on Russia sanctions - Commission

The European Union's (EU) sanctions envoy David O'Sullivan was in Washington with a team of experts to discuss further sanctions against Russia with US counterparts, the European Commission said on Monday.

1 min  |

September 10, 2025

Business World Philippines

Stronger peso seen to cut Meralco rates in Sept.

POWER DISTRIBUTOR Manila Electrie Co. (Meralco) expects a lower overall rate this month, as a stronger peso is seen to have brought down the cost of power purchased from its suppliers.

2 min  |

September 10, 2025

Business World Philippines

Alcaraz era

Carlos Alcaraz’s latest triumph in New York was most definitely about growth. Over the weekend, he faced Jannik Sinner for the second consecutive major tournament final. Unlike in Wimbledon, however, the outcome was to his liking. And while the rematch stretched across four sets, he appeared to be in control from the get-go.

2 min  |

September 10, 2025
Business World Philippines

Business World Philippines

Coach Norman Black braces for import beef up at upcoming Southeast Asian Games

COACH Norman Black vowed to assemble the “strongest and most balanced” Philippine squad as he braces for rivals beefed up by imports in the coming Southeast Asian Games (SEAG).

1 min  |

September 10, 2025

Business World Philippines

PHL urged to move up copper value chain

THE PHILIPPINES needs to move up the copper value chain by investing in higher-value downstream activities rather than simply mining ore, a PwC official said on Tuesday.

1 min  |

September 10, 2025

Business World Philippines

JICA signals readiness to support PHL railway, road, bridge projects

THE Japan International Cooperation Agency (JICA) said it stands ready to further support Philippine railway, road, and bridge projects if the Philippines puts forward suitable proposals.

1 min  |

September 10, 2025

Business World Philippines

Bohol links decline in South Korean visitors to security issues, high costs

BOHOL, one of the top tourist destinations in the Philippines, is experiencing a drop in visitors from South Korea due to security concerns and travel costs, according to the province’s tourism council.

1 min  |

September 10, 2025
Business World Philippines

Business World Philippines

The rise of the Baguio Business Club

(Part 1)

4 min  |

September 10, 2025

Business World Philippines

IM Dableo, Barangay 449 rule Inter-Manila Chess Championship

INTERNATIONAL Master (IM) Ronald Dableo and his Barangay 449 squad bested FIDE Master (FM) Alekhine Nouri and his Brgy. 46 team, 3.5-0.5, in the seventh and final round to rule the first Mayor Isko Moreno Inter-Manila Chess Championship at the Coliseo de Manila in Tondo.

1 min  |

September 10, 2025

Business World Philippines

Thai ex-PM Thaksin Shinawatra jailed as court rules hospital stay unlawful

Thailand’s influential former Prime Minister (PM) ‘Thaksin Shinawatra was sent to prison on Tuesday after the Supreme Court ruled his time in hospital detention was an attempt to avoid jail, a major blow for a powerful family that has dominated politics for two decades.

1 min  |

September 10, 2025

Business World Philippines

Gold rallies to record high as Fed rate cut bets firm

GOLD surged past the $3,600 an ounce level for the first time on Monday, hitting a record high, as soft US labor data reinforced expectations the US Federal Reserve will cut interest rates next week.

1 min  |

September 10, 2025

Business World Philippines

DoE overhauls EV classification system

THE Department of Energy (DoE) said it updated the system for classifying electric vehicles (EVs) to harmonize the categories and reduce the administrative burden of regulating the segment.

1 min  |

September 10, 2025