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Business World Philippines

Chinese firms to send delegation to Philippines in October

CHINESE BUSINESSES will send a delegation to the Philippines in October to explore investment opportunities, the Philippine Embassy in Beijing said.

1 min  |

August 29, 2025

Business World Philippines

Senator calls for review of Philippines’ One China Policy amid SCS tensions

A LAWMAKER on Thursday called for the review of the Philippines’ adherence to the One China Policy, in which Manila denounces the sovereign claims of Taiwan and recognizes Beijing’s sole government, as tensions escalate in the South China Sea (SCS).

3 min  |

August 29, 2025

Business World Philippines

Japan’s trade negotiator cancels US visit over tariffs

Japan’s top trade negotiator cancelled a visit to the United States at the last minute on Thursday, further delaying talks designed to finalize a $550-billion investment package offered by Tokyo in exchange for relief on punishing tariffs.

1 min  |

August 29, 2025

Business World Philippines

BIR begins work on tax fraud audit of flood contractors

THE Bureau of Internal Revenue (BIR) has started the paperwork in investigating contractors flagged for irregularities in flood control projects, including Discaya-linked contractors.

2 min  |

August 29, 2025

Business World Philippines

Robusta coffee hits 3-month high; cocoa also climbs

Robusta coffee futures rose to a three-month high on Wednesday, while arabica coffee gained more than 3%, boosted by falling stocks as US roasters scrambled to secure supplies after the US government imposed a 50% tariff on imports from Brazil.

1 min  |

August 29, 2025

Business World Philippines

UNSC members, except US, say Gaza famine is ‘manmade crisis’

All United Nations Security Council (UNSC) members, except the United States, on Wednesday said the famine in Gaza was a “manmade crisis” and warned that the use of starvation as a weapon of war is banned under international humanitarian law.

1 min  |

August 29, 2025

Business World Philippines

NFA to auction 60,000 MT of ageing rice inventory

THE National Food Authority (NFA) will auction up to 60,000 metric tons (MT) of ageing rice inventory starting next month, according to the Department of Agriculture (DA).

1 min  |

August 29, 2025

Business World Philippines

Alfalfa trials to support dairy industry growth

A PROJECT funded by the Department of Science and Technolgy (DoST) is seeking to develop varieties of alfalfa for use as forage by the dairy industry.

1 min  |

August 29, 2025

Business World Philippines

TikTok owner ByteDance sets valuation at over $330B as revenue grows

ByteDance, the owner of short-video app TikTok, is set to launch anew employee share buyback that will value the Chinese technology giant at more than $330 billion, driven by continued revenue growth, said three people with knowledge of the matter.

2 min  |

August 29, 2025

Business World Philippines

Berde Renewables to power KCC Malls, Biotech Farms in Mindanao

SOLAR ENERGY FIRM Berde Renewables has entered into a power purchase agreement with a mall operator and an agro-industrial firm to advance sustainable retail and agriculture in Mindanao.

1 min  |

August 29, 2025

Business World Philippines

Stocks sink on selling pressure before BSP cut

PHILIPPINE STOCKS dropped anew on Thursday, with the main index sliding back to the 6,100 level, as investors pocketed their gains before the Bangko Sentral ng Pilipinas (BSP) delivered a widely-expected rate cut.

2 min  |

August 29, 2025

Business World Philippines

Ovialand says Laguna, Bulacan sales lift first-half profit

REAL ESTATE developer Ovial-and, Inc. saw a 37% increase in its first-half consolidated net profit to P420 million, driven by surging demand for premium-affordable homes.

1 min  |

August 29, 2025
Business World Philippines

Business World Philippines

Crawling beneath the bar of Caesar's wife

In public service, the old adage remains timeless: “Caesar’s wife must be above suspicion.” It demands not just the absence of guilt, but the presence of unquestionable integrity and propriety.

5 min  |

August 29, 2025

Business World Philippines

Alt-rock and jazz-pop albums for the 'ber' months

THREE unique albums were released last Friday, a wave of exciting, new music from the Western side of the world capping off the rainy month of August.

2 min  |

August 29, 2025

Business World Philippines

AIC project drives positive impact in Davao, to be replicated in Iloilo

MORE THAN one million Davaoefios are now benefiting from improved water security, better public health outcomes, and local economic growth thanks to the successful implementation of the Davao City Bulk Water Supply Project (DCBWSP), a bulk water project between Aboitiz InfraCapital (AIC), Inc. and the Davao City Water District (DCWD).

1 min  |

August 29, 2025

Business World Philippines

Auction for offshore wind delayed to fourth quarter

THE Department of Energy (DoE) said the auction round for offshore wind projects has been delayed to the fourth quarter from the original third-quarter target.

1 min  |

August 29, 2025

Business World Philippines

Obituary: Hussam al-Masri, the Reuters journalist killed by Israeli fire in Gaza

HUSSAM AL-MASRI, the Reuters journalist killed by Israeli fire on Monday while operating a live video feed at Gaza’s Nasser Hospital, reported on the war’s civilian suffering while himself living in a tent and struggling to find food for his family.

3 min  |

August 28, 2025

Business World Philippines

Gov't officials to face lifestyle checks

PHILIPPINE President Ferdinand R. Marcos, Jr. on Wednesday ordered lifestyle checks on government officials as the probe into questionable flood control projects continues.

3 min  |

August 28, 2025

Business World Philippines

Local automakers interested in participating in RACE program

LOCAL AUTOMAKERS have also expressed interest in participating in the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, the Department of Trade and Industry (DTI said.

3 min  |

August 28, 2025

Business World Philippines

BSP adopts new format for policy announcements

THE BANGKO SENTRAL ng Pilipinas (BSP) will start implementing a new format for communicating monetary policy decisions starting Aug. 28, as part of efforts to increase transparency.

1 min  |

August 28, 2025

Business World Philippines

SEC expands one-day registration to 81 industries

THE SECURITIES and Exchange Commission (SEC) recently increased the number of industries that can avail of the one-day company registration process.

3 min  |

August 28, 2025
Business World Philippines

Business World Philippines

Busuanga, Camiguin airport upgrades budgeted for nearly P836 million combined

THE Department of Transportation (DoTr) is allocating up to P835.9 million to upgrade airports in Busuanga, Palawan and Camiguin province.

1 min  |

August 28, 2025

Business World Philippines

Cooperatives seen key to boosting farmer financing

COOPERATIVES need to play a major role in improving farmers’ access to financing, according to the former head of the government’s economic planning agency.

1 min  |

August 28, 2025

Business World Philippines

Alas Pilipinas sharpens their skills in Europe ahead of FIVB men’s volleyball tournament

ALAS Pilipinas went into a rigorous, multi-country European training camp with hopes of evolving into a competitive team in the FIVB Men's Volleyball World Championship the country is hosting next month.

1 min  |

August 28, 2025

Business World Philippines

The Giving Entrepreneur

The more I talk to entrepreneurs, the more I realize that the best of them are in business because of a larger mission, a passion in their hearts, or the simple desire to solve a problem and give back to the communities they are in.

4 min  |

August 28, 2025

Business World Philippines

EDC signs deal for 440-MW geothermal projects in Indonesia

ENERGY DEVELOPMENT CORP. (EDC) has partnered with PT DSSR Daya Mas Sakti, a subsidiary of Indonesia’s PT Dian Swastatika Sentosa Tbk (DSSA), to develop geothermal resources with a total capacity of 440 megawatts (MW) in Indonesia.

1 min  |

August 28, 2025
Business World Philippines

Business World Philippines

Rice can feed the world – even with fewer farmers

IN A WORLD worried about looming food shortages triggered by the climate crisis, the collapse in rice prices — now approaching their lowest in 18 years — is evidence that interventions by governments and modern agricultural methods may save the day. The key is productivity: more food from fewer farmers.

3 min  |

August 28, 2025

Business World Philippines

Bird flu vaccine approved for commercial use

THE Food and Drug Administration (FDA) has approved the commercial use of a vaccine against avian influenza, according to the Department of Agriculture (DA).

1 min  |

August 28, 2025

Business World Philippines

PHL shares rebound before BSP policy meeting

STOCKS rebounded on Wednesday on bargain hunting before the Bangko Sentral ng Pilipinas’ (BSP) widely expected rate cut on Thursday.

2 min  |

August 28, 2025

Business World Philippines

Unbeaten PLDT Highspeed Hitters face winless ZUS Coffee in PVL Invitational

JUST like all success stories, the ones that the PLDT Highspeed Hitters wrote began from nothing and ended up winning everything.

1 min  |

August 28, 2025