Newspaper
Business World Philippines
Aboitiz Estates still fielding queries from potential investors despite new tariffs
POTENTIAL foreign investors continue to make inquiries about possibly locating operations in the Philippines even in the face of US tariff uncertainty, Aboitiz InfraCapital Economic Estates (AIC Economic Estates) said.
2 min |
August 20, 2025
Business World Philippines
Oil prices settle higher after Trump-Zelensky meeting
Oil prices settled 1% higher on Monday after talks between US President Donald J. Trump and his Ukrainian counterpart in the wake of an inconclusive US-Russia summit in Alaska on Friday.
2 min |
August 20, 2025
Business World Philippines
ATPI to add night shift to Makati operation
CORPORATE TRAVEL management company ATPI Philippines said it is seeking to expand operations at its International Center of Excellence (ICE) as demand recovers
1 min |
August 20, 2025
Business World Philippines
E-gambling firms want gov't to crack down on illegal operators
ONLINE GAMING companies said the government needs to focus on dismantling illegal gambling operators before restricting licensed platforms.
2 min |
August 20, 2025
Business World Philippines
Sports equipment company Head to create 700 jobs when Davao tennis ball factory starts operating fully
THE Philippine Economic Zone Authority (PEZA) said it expects 700 jobs to be created once Head Sport Philippines, Inc’s facility in Davao del Norte becomes fully operational.
1 min |
August 20, 2025
Business World Philippines
Intel gets $2-B lifeline in form of SoftBank equity investment
INTEL is getting a $2-billion capital injection from SoftBank Group in a major vote of confidence for the troubled US chipmaker that is in the middle of a turnaround effort.
2 min |
August 20, 2025
Business World Philippines
Gold prices steady as investors assess Trump-Zelensky meeting
GOLD PRICES were largely steady on Monday, as investors focused on US President Donald J. Trump’s meeting with Ukrainian and European leaders, and the US Federal Reserve's annual symposium in Jackson Hole this week.
1 min |
August 20, 2025
Business World Philippines
Agri department sees signs of monopoly in rice milling industry
THE Department of Agriculture (DA) said capacity utilization data are pointing to possible monopolies in rice milling, and signaled measures to bring utilization down to healthier levels.
1 min |
August 20, 2025
Business World Philippines
SC: Insurers liable for theft claims despite car recovery
INSURANCE companies remain liable for theft claims even if a stolen vehicle is later recovered, the Supreme Court (SC) said, as it ruled that recovery does not nullify the insured’s right to payment under an insurance policy.
1 min |
August 20, 2025
Business World Philippines
ERC proposes lower open access threshold
SMALL ELECTRICITY end-users will be able to choose their preferred power supplier soon as the Energy Regulatory Commission (ERC) is now looking to lower the threshold.
1 min |
August 19, 2025
Business World Philippines
Robust demand causes T-bill yields to go down
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday as rates dropped across all tenors on robust demand and expectations of further monetary easing by both the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve.
3 min |
August 19, 2025
Business World Philippines
NG debt to hit P24.7 trillion by 2030; debt-to-GDP ratio to fall to 58% - DoF
FINANCE Secretary Ralph G. Recto on Monday said the government is working to ensure that economic growth would outpace debt accumulation, as outstanding debt is projected to hit P24.7 trillion by 2030.
2 min |
August 19, 2025
Business World Philippines
PHL current account deficit seen to further widen over medium term
THE PHILIPPINES’ current account deficit could further widen over the medium term as global trade uncertainties affect external demand, Fitch Solutions unit BMI said.
2 min |
August 19, 2025
Business World Philippines
Secure online payments systems to help PHL in financial inclusion push
IMPROVING cybersecurity for online payments systems with the help of artificial intelligence (AI) solutions can push financial inclusion in the Philippines, payments technology company Global Payments, Inc. said.
2 min |
August 19, 2025
Business World Philippines
BTr sells P507 billion worth of RTBs
THE GOVERNMENT sold P507.16 billion worth of retail Treasury bonds (RTB), exceeding the target as investors sought better yields.
2 min |
August 19, 2025
Business World Philippines
Wider recovery signals new phase for PHL office market — Colliers
AFTER YEARS of turbulence, the Philippine office market is finally gaining ground, The first half of 2025 shows clear signs of a sector that is not only recovering, but recalibrating, Metro Manila is holding steady, provincial locations are accelerating and demand drivers — traditional compa-
3 min |
August 19, 2025
Business World Philippines
Powell has used Fed Jackson Hole symposium to battle inflation and buoy jobs; he's now caught between both
US Federal Reserve Chair Jerome H. Powell used the central bank’s annual Wyoming research conference to promise inflation-fighting rigor when it was needed in 2022, then last year he came to the defense of the job market with promises of lower interest rates when the unemployment rate seemed on asteady rise.
2 min |
August 19, 2025
Business World Philippines
Filipino-Ghanaian artist traverses genres
Jewel Owusu releases new single ahead of EP
2 min |
August 19, 2025
Business World Philippines
Gold rebounds on soft Treasury yields
GOLD rose after hitting a two-week low, supported by lower US Treasury yields as investors awaited US President Donald J. Trump's meeting with Ukrainian President Volodymyr Zelensky and European leaders to discuss a peace deal with Russia.
1 min |
August 19, 2025
Business World Philippines
On investment promotion and world peace
Last week, the Philippine Statistics Authority (PSA) released the data on approved foreign investments for the second quarter (Q2) of 2025. I checked and compared Q1 and Q2 2025 results over the same period in 2024.
3 min |
August 19, 2025
Business World Philippines
Zelensky heads to Washington as Trump presses for Russia deal
Ukraine’s Volodymyr Zelensky and European leaders were scheduled to meet Donald J. Trump in Washington on Monday to map out a peace deal amid fears the US president could try to pressure Kyiv into accepting a settlement favorable to Moscow.
3 min |
August 19, 2025
Business World Philippines
Australia’s BlueScope logs profit dive as tariff ‘maze’ hits demand
AUSTRALIAN steel producer BlueScope said annual profit plummeted 90%, blaming a “maze” of tariffs imposed by US President Donald J. Trump for lower demand and a hefty write-down on the value of its US metal coatings unit.
1 min |
August 19, 2025
Business World Philippines
Superman actor Terence Stamp, 87
Terence Stamp liked to recall how he was on the verge of becoming a tantric sex teacher at an ashram in India when, in 1977, he received a telegram from his London agent with news that he was being considered for the Superman film.
1 min |
August 19, 2025
Business World Philippines
More international students turning to Asian universities as a refuge
For Jess Concepcion, a microbiology student from the Philippines, obtaining a doctorate from a university in the United States had been a dream. It was where most of his academic mentors had studied and done research, and he wanted to follow in their footsteps.
5 min |
August 19, 2025
Business World Philippines
PEZA sees 20-30 economic zone proclamations as best-case scenario
THE Philippine Economic Zone Authority (PEZA) said economic zone (ecozone) proclamations are likely to number 20-30 this year, based on the agency’s best-case target.
2 min |
August 19, 2025
Business World Philippines
Fisherfolk set to join P20 rice beneficiary list
THE Department of Agriculture (DA) said the beneficiary list of P20-per-kilo rice program will be expanded this month to include fisherfolk.
1 min |
August 19, 2025
Business World Philippines
Oil prices barely change in Asia as Russia supply concerns ease
Oil prices were largely unchanged on Monday after a drop in early trade, as the United States exerted no further pressure on Russia to end the Ukraine war through measures to disrupt its oil exports following a meeting of the leaders of both nations.
1 min |
August 19, 2025
Business World Philippines
Ruthless Swiatek downs Rybakina, faces Paolini in Cincinnati Open final
A RUTHLESS Iga Swiatek won 10 of the last 13 games to beat Elena Rybakina 7-5, 6-3 on Sunday and reach her first Cincinnati Open final after losing in the penultimate stage of the US Open tuneup event in each of the last two years.
2 min |
August 19, 2025
Business World Philippines
LBC Express returns to profitability in Q2
LBC EXPRESS HOLDINGS, Inc. has returned to profitability, recording a second-quarter (Q2) attributable net income of P31.68 million, a turnaround from a loss of P183.59 million, driven by lower expenses for the period.
1 min |
August 19, 2025
Business World Philippines
Batangas oil terminal operator seeks more fuel importers for P2-B storage facility
FUEL DEPOT OPERATOR Lemery Oil Terminal Corp. said it is seeking more fuel importers to lease space at its newly inaugurated P2-billion petroleum storage complex in Batangas.
1 min |