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Business World Philippines

Google agrees to pay $36-M fine for anti-competitive deals with Australia telcos

Google agreed on Monday to pay a A$55-million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country’s two largest telcos to pre-install its search application on Android phones, excluding rival search engines.

1 min  |

August 19, 2025

Business World Philippines

Thailand’s Q2 growth beats forecast but faces slowdown due to tariffs

Thailand’s economy expanded faster than expected in the second quarter on strong export growth ahead of US tariffs taking full effect, but momentum is likely to slow over the rest of the year, the state planning agency said on Monday.

1 min  |

August 19, 2025

Business World Philippines

DMCI pushes phase 2 of Mulberry Place with P752-M investment

DMCI HOMES, INC. is allocating P752 million for the second phase of its Mulberry Place residential project in Taguig City, covering the construction of two new towers set for turnover by 2028.

2 min  |

August 19, 2025

Business World Philippines

Air Canada fleet of planes remains grounded as striking union defies order to get back to work

Air Canada’s fleet of hundreds of planes remained grounded on Monday morning after striking flight attendants refused a government-backed order to get back to work and called on the airline to return to the bargaining table.

2 min  |

August 19, 2025

Business World Philippines

Arthaland buys Cebu land parcels worth P2.5 billion for project use

LISTED real estate developer Arthaland Corp., through its subsidiary Furusato Land Corp. (FLC), has acquired a 50% interest in 14 land parcels along Banilad Road in Cebu City valued at P2.5 billion for a planned project.

1 min  |

August 19, 2025

Business World Philippines

Asian equity markets scale fresh peaks on US interest rate policy

Share markets pushed ahead in Asia on Monday ahead of what is likely to be an eventful week for US interest rate policy, while oil prices were subdued as risks to Russian supplies seemed to fade a little.

2 min  |

August 19, 2025
Business World Philippines

Business World Philippines

The phenomenon that is Sunshine

WHEN Sunshine, the latest film by Antoinette Jadaone, won the Crystal Bear at the Berlin International Film Festival in February, it piqued Filipinos’ curiosity.

4 min  |

August 19, 2025

Business World Philippines

BoI sticks to P1.75-T goal for approved investments

THE Board of Investments (BoI) said it maintained its target for approved investment applications this year at P1.75 trillion.

1 min  |

August 19, 2025

Business World Philippines

5-month foreign debt service bill creeping up to $5.9 billion

THE debt service bill on foreign borrowing was nearly $5.9 billion in the five months to May, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).

2 min  |

August 19, 2025

Business World Philippines

Iron ore futures edge up on strong China demand

Iron ore futures climbed on Monday, supported by solid demand and expectations of further property stimulus from top consumer China, although rising inventory levels curbed further gains.

1 min  |

August 19, 2025
Business World Philippines

Business World Philippines

PLDT eyes Invitational crown after topping the PVL on Tour

Alas players can join mother team in Reinforced Conference

2 min  |

August 19, 2025

Business World Philippines

Chicago soybeans and corn futures slide on China demand worries and favorable US weather condition

Chicago soybean and corn futures fell on Monday, pressured by favorable US weather and concerns over export demand as US trade tensions with top buyer China continued to weigh on the market.

1 min  |

August 19, 2025
Business World Philippines

Business World Philippines

MERALCO Spokesperson Joe Zaldarriaga enjoins QC Personnel to continue the fight against fake news

Meralco Vice President and Head of Corporate Communications Joe R. Zaldarriaga has urged personnel of the Quezon City government to continue their advocacy against misinformation and disinformation during a workshop organized by the local government unit’s Public Affairs and Information Services Department (PAISD).

1 min  |

August 19, 2025

Business World Philippines

Security Bank works with Stronghold Insurance to provide nonlife coverage

SECURITY BANK Corp. has partnered with Stronghold Insurance Co., Inc. to provide nonlife insurance to its clients.

1 min  |

August 19, 2025

Business World Philippines

Peso climbs as markets await Fed policy clues

THE PESO strengthened on Monday to return to the P56 level against the greenback as investors’ focus turned to the US Federal Reserve’s symposium this week.

1 min  |

August 19, 2025
Business World Philippines

Business World Philippines

Konektadong Pinoy nears lapse; IRR input is next option for telcos

TELECOMMUNICATIONS (telcos) companies PLDT Inc. and Converge ICT Solutions, Inc. said they are willing to offer input on the implementing rules and regulations (IRR) of the Konektadong Pinoy bill, in the event it lapses into law, as a way to address industry concerns.

2 min  |

August 19, 2025

Business World Philippines

Private equity group Advent International to acquire U-Blox for $1.3B

PRIVATE equity group Advent International said on Sunday it has agreed to take over Switzerland’s U-Blox Holding in a cash offer worth some 1.05 billion Swiss francs ($1.3 billion).

1 min  |

August 19, 2025

Business World Philippines

Traversing the taxation of cross border services

LET'S TALK TAX JOHN PAULO D. GARCIA

7 min  |

August 19, 2025

Business World Philippines

Pagdanganan, Ardina finish tie for 35 th and 38 th in Portland

BIANCA PAGDANGANAN had a roller-coaster final round while Dottie Ardina closed out strong to finish in a tie for 35\" and 38\", respectively, in the Standard Portland Classic on Sunday.

1 min  |

August 19, 2025

Business World Philippines

Inter-agency body created for PHL education, workforce development

PRESIDENT Ferdinand R. Marcos, Jr, created a new inter-agency body to coordinate reforms in the country’s education and workforce development systems, citing persistent gaps in teacher support, policy consistency, and program implementation.

1 min  |

August 19, 2025

Business World Philippines

Insurance sector posts higher premiums

THE INSURANCE INDUSTRY recorded higher premiums as of June, pushing up the country’s insurance penetration rate.

1 min  |

August 19, 2025
Business World Philippines

Business World Philippines

Lawyers and academics ask tribunal to halt service fee increase at NAIA

A GROUP of lawyers and academics on Monday asked the Supreme Court (SC) to stop a plan to increase service fees at the Ninoy Aquino International Airport (NAIA), set to take effect on Sept. 14.

2 min  |

August 19, 2025
Business World Philippines

Business World Philippines

Rice import freeze not expected to affect inflation; stocks ample

THE temporary ban on rice imports is not expected to stoke inflation as rice stocks remain substantial, according to the Department of Agriculture (DA).

1 min  |

August 19, 2025

Business World Philippines

PSE sets Aug. 2026 deadline for share declassification

THE PHILIPPINE Stock Exchange (PSE) said publicly listed companies have until Aug. 9, 2026, to declassify their shares.

1 min  |

August 19, 2025
Business World Philippines

Business World Philippines

Independent tower companies may get longer licenses under DICT proposal

THE Department of Information and Communications Technology (DICT) plans to extend the validity of independent tower companies’ (ITCs) licenses beyond the current five-year period to align with the expected life of their assets.

2 min  |

August 19, 2025

Business World Philippines

PSEi drops to 6,200 level amid lack of catalysts

PHILIPPINE SHARES dropped on Monday, pulling the main index back to the 6,200 level, as the market mostly moved sideways due to the absence of new trading drivers.

2 min  |

August 19, 2025

Business World Philippines

PHINMA Corp. hikes capex to about P5B

DEL ROSARIO-LED PHINMA Corp. has increased its allotted capital expenditure (capex) this year to about P5 billion from the initial P3.8 billion to cover new projects.

1 min  |

August 19, 2025

Business World Philippines

WORKHORSE RACING

The TGR Philippine Cup season wraps up; Tamaraws unleashed

3 min  |

August 18, 2025
Business World Philippines

Business World Philippines

Fugitive memory

GEOLOGICS MARIAN PASTOR ROCES

5 min  |

August 18, 2025

Business World Philippines

Ben Rice’s 7-RBI night helps Yankees outscore Cardinals

BEN RICE drove in seven runs and scored twice as the visiting New York Yankees outslugged the St. Louis Cardinals 12-8 on Saturday night.

2 min  |

August 18, 2025