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Business World Philippines

New Poro Point airport terminal planned

THE Bases Conversion and Development Authority (BCDA) said it will invest P250 million to build a new airport terminal at Poro Point, La Union.

1 min  |

September 03, 2025

Business World Philippines

US reciprocal tariff impact seen muted but duties on chips could be damaging

THE damage done by the US 19% reciprocal tariff on Philippine goods is considered less significant than the potential impact of a special tariff on semiconductors, credit agencies and research houses said.

1 min  |

September 03, 2025
Business World Philippines

Business World Philippines

Globe partners with Bolttech to drive flagship smartphone access

GLOBE TELECOM, INC. has partnered with global insurance technology (insurtech) company Bolttech to upgrade the telecommunications company’s device upgrade program.

1 min  |

September 03, 2025

Business World Philippines

Recto sees foregone revenue due to smuggling at P150B

‘THE Bureau of Customs (BoC) is expected to forego P150 billion in revenue due to the smuggling of general merchandise and oil products this year, Finance Secretary Ralph G. Recto said on Tuesday.

1 min  |

September 03, 2025
Business World Philippines

Business World Philippines

Finding the sweet spot between technology and security

On the one hand, we have to take advantage of advances in technology, aiming not just for digital literacy but sophistication. Developments over the past few years have made many things possible, and many Filipinos have benefited from the convenience and reach offered by technological progress.

3 min  |

September 03, 2025

Business World Philippines

2025 US Open underdogs Naomi Osaka and Felix Auger-Aliassime advance into quarterfinals

THE US Open’s Labor Day on Monday largely belonged to the underdogs, as Naomi Osaka and Felix Auger-Aliassime delivered commanding performances that carried them back to Grand Slam quarterfinals after years in the wilderness.

2 min  |

September 03, 2025

Business World Philippines

Marcos expects Hyundai Subic yard to double PHL shipbuilding capacity

PRESIDENT Ferdinand R. Marcos, Jr. said on Tuesday that South Korea’s HD Hyundai Heavy Industries Philippines, Inc. will nearly double Philippine shipbuilding capacity when it starts operating the yard in Subic.

1 min  |

September 03, 2025

Business World Philippines

World Bank urges fresh push on economic threat of pollution

Degraded land, polluted air and water stress pose a direct global economic threat but using natural resoure-es more efficiently could cut pollution by half, one of the World Bank’s senior managing directors told Reuters.

1 min  |

September 03, 2025
Business World Philippines

Business World Philippines

Massive revamp looms at DPWH as Marcos seeks thorough graft probe

NEWLY INSTALLED Public Works Secretary Vivencio \"Vince\" B. Dizon on Monday demanded the mass courtesy resignation of Department of Public Works and Highways (DPWH) officials, as President Ferdinand R. Marcos, Jr. sought a more thorough probe of corruption in big-ticket flood control projects through an independent commission.

4 min  |

September 02, 2025

Business World Philippines

80 years without a world war, looking at global prosperity

Today is the 80% anniversary of the end of the Second World War (WW2). Sept. 2, 1945 saw the signing of the official surrender of Japan to the Allies, Germany had surrendered in May that year. So, it has been 80 years of no world war, only civil wars or war between neighbors, but not a continent-wide or world war.

1 min  |

September 02, 2025

Business World Philippines

Factory activity growth slows in Aug.

PHILIPPINE manufacturing activity expanded in August but at its slowest pace in two months amid a muted rise in output and new orders as the higher US tariffs took effect, S&P Global said on Monday.

2 min  |

September 02, 2025

Business World Philippines

Del Toro's Frankenstein shuns horror for humanity

Forget the classic Frankenstein films, where the monster had a flat head, neck bolts, and heavy boots.

2 min  |

September 02, 2025
Business World Philippines

Business World Philippines

ALI, Megaworld lead property sector in Kantar brand strength study

AYALA LAND, INC. (ALI) and Megaworld Corp. were among the companies identified in the Kantar BrandZ Philippines 2025 Reports leading real estate brands.

1 min  |

September 02, 2025

Business World Philippines

Life insurers adapt to outdated tax rules

The insurance industry is a vital pillar of the economy, serving both as a financial safety net and catalyst for long-term economic growth. By providing protection against life’s uncertainties such as illness, accidents, natural disasters, and death, insurance enables individuals and businesses to recover quickly and maintain financial stability.

5 min  |

September 02, 2025

Business World Philippines

Samsung, SK Hynix shares drop after US revokes ban exemption

On US imposed chip-related export to China

1 min  |

September 02, 2025
Business World Philippines

Business World Philippines

Philippine economy now at a ‘sweet spot' – BSP -

THE PHILIPPINE ECONOMY now sits at a “sweet spot” as inflation remains benign while the country’s banking sector and external position are strong, the Bangko Sentral ng Pilipinas (BSP) said.

1 min  |

September 02, 2025
Business World Philippines

Business World Philippines

T-bill yields drop across the board after BSP cut

THE GOVERNMENT fully awarded the Treasury bills (T-bills) it offered on Monday at lower yields amid robust demand after the Bangko Sentral ng Pilipinas (BSP) cut rates for a third straight meeting and signaled it is near the end of its current easing cycle.

2 min  |

September 02, 2025

Business World Philippines

Stocks drop further as foreign selling continues

PHILIPPINE STOCKS continued to decline on Monday amid selling pressure and weak trading activity due to a lack of leads.

2 min  |

September 02, 2025
Business World Philippines

Business World Philippines

Alex Eala will play the Guadalajara Open ahead of Sao Paulo tourney

ALEXANDRA “ALEX” EALA will play in the Guadalajara Open in Mexico first before trooping to Brazil for the Sao Paulo Open as part of her redemption tour from a second-round exit in the US Open last week in New York.

1 min  |

September 02, 2025

Business World Philippines

BSP to continue easing until 2026 – BMI

THE BANGKO SENTRAL ng Pilipinas (BSP) is expected to continue its easing cycle until 2026 amid benign inflation and slowing economic growth, Fitch Solutions’ unit BMI said.

2 min  |

September 02, 2025
Business World Philippines

Business World Philippines

South Luzon retains stature as PHL’s primary industrial hub — Colliers

SOUTHERN LUZON has always been a major growth driver of the Philippine economy. The region is one of the major contributors to the Philippines’ annual economic output, accounting for about 15% of the country’s gross domestic product (GDP).

2 min  |

September 02, 2025

Business World Philippines

Netflix' KPop Demon Hunters Success is no surprise

THE SUMMER smash-hit movie that caught everyone off-guard turned out to be an animated musical about demon-fighting Korean pop stars. It's the latest example of how South Korea's soft power shapes global trends. Seoul must now ensure it benefits from this unique storytelling as much as Netflix, Inc.

2 min  |

September 02, 2025

Business World Philippines

Ex-Foodpanda CEO to lead UnionBank’s fintech arm

THE financial technology (fintech) unit of Union Bank of the Philippines, Inc. (UnionBank) has appointed former Foodpanda Philippines Chief Executive Officer (CEO) Daniel Marogy as its new head.

1 min  |

September 02, 2025

Business World Philippines

Megawide’s PHI allots P1B for Southscapes Trece Martires

PH1 WORLD DEVELOPERS, INC. (PHIWD), the property unit of Megawide Construction Corp., is investing P1 billion in a residential project in Trece Martires, Cavite.

1 min  |

September 02, 2025

Business World Philippines

Jude Law tackles Putin role without fear

Jude Law said on Sunday he did not fear reprisals for playing Russian President Vladimir Putin in The Wizard of the Kremlin, a new film premiering at the Venice Film Festival that offers a chilling, fictionalized look at Mr. Putin's rise to power.

2 min  |

September 02, 2025

Business World Philippines

Comelec budget cut may hamper preparations for 2028 elections

THE EXECUTIVE'’s multibillion budget cut to the Commission on Election’s (Comelec) proposed spending plan next year would prevent the poll body from preparing two years ahead of the 2028 presidential polls, its chairman said on Monday.

1 min  |

September 02, 2025

Business World Philippines

Peso slips on PCE data, weak sentiment

THE PESO slipped against the dollar on Monday as a key US inflation measure showed that President Donald J. Trump’s tariffs are beginning to affect prices.

1 min  |

September 02, 2025
Business World Philippines

Business World Philippines

FEU dominates the Batangas leg of Shakey's National Invitationals

NEWLY-CROWNED champion Far Eastern University (FEU) wants no letup in its preparation for a UAAP redemption even after dominating the Batangas Leg of the 2025 Shakey's Super League (SSL) National Invitationals.

1 min  |

September 02, 2025

Business World Philippines

Negros Island producers seeking spotlight for organic produce, crafts

THE Association of Negros Producers (ANP) said it is seeking to develop niches in organics and crafts to supplement the island’s strengths as a food producer.

2 min  |

September 02, 2025

Business World Philippines

Gov’t needs P20 billion to sustain ‘zero-balance billing’ in hospitals, says DBM

THE PHILIPPINE government needs as much as P20 billion to sustain its “zero-balance billing” program in public hospitals, which guarantees patients no out-of-pocket expenses for covered services, the Department of Budget and Management (DBM) said on Monday.

1 min  |

September 02, 2025