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Business World Philippines

Over 1,000 reports filed on flood control projects, Palace says

OVER 1,000 Filipinos had already reported on President Ferdinand R. Marcos, Jr.'s flood control complaint website within just three days since it launch on Aug. 11, the Palace reported on Thursday.

2 min  |

August 15, 2025

Business World Philippines

Philippines keeping warships at bay to avoid fueling SCS tensions

THE PHILIPPINES is opting to keep its warships away from a disputed atoll in the South China Sea (SCS) for now, preferring to let its coast guard handle operations to avoid escalating tensions with China, its security adviser said on Thursday.

3 min  |

August 15, 2025

Business World Philippines

New games push DigiPlus Q2 income 30% higher to P4.2B

TANCO-LED digital entertainment provider DigiPlus Interactive Corp. posted a 30% rise in its second-quarter (Q2) net income to P4.2 billion from P3.23 billion a year earlier, driven by growth in its retail games segment.

1 min  |

August 15, 2025

Business World Philippines

Why cybersecurity must be on every CEO’s desk

THE BLOCK BOX DONALD LIM

4 min  |

August 15, 2025

Business World Philippines

Luxury Makati project in the works for SM Residences

PROPERTY developer SM Prime Holdings, Inc. said its premium residential brand Signature Series by SM Residences plans a luxury Makati project, targeting a possible launch in the first half of 2027 amid strong demand from high-net-worth buyers.

1 min  |

August 15, 2025

Business World Philippines

Oil prices slide anew as US, IEA bearish supply guidance weighs

Oilprices fell to over two-month lows on Wednesday after bearish supply guidance from the US government and the International Energy Agency (IEA), while investors eyed US President Donald J. Trump’s threat of “severe consequences” if Russia’s Vladimir Putin blocked peace in Ukraine.

1 min  |

August 15, 2025

Business World Philippines

Filipinas draw with Myanmar, miss Asean Women’s MSIG Serenity Cup semifinals

THE Filipinas rallied to a 1-1 draw with Myanmar at the end of group play, consequently missing out on the semifinals and relinquishing the throne in the Asean Women’s MSIG Serenity Cup on Wednesday in Haiphong, Vietnam.

1 min  |

August 15, 2025

Business World Philippines

Offshore wind auction on track for this year

THE Department of Energy (DoE) said the fifth round of the green energy auction (GEA-5) this year, which is dedicated to offshore wind, will keep the industry on track to start generating power by 2028.

1 min  |

August 15, 2025

Business World Philippines

Chinese hotels turn to hawking food as guests tighten belts

Every evening, staff at Beiyuan Grand Hotel in Beijing set up street stalls selling freshly-cooked gourmet dishes trying to make up for falling revenue indoors as Chinese consumers and firms cut spending on travel, conferences and banquets.

2 min  |

August 15, 2025

Business World Philippines

Gold up as Fed rate cut bets ramp up

GOLD ROSE on Wednesday, lifted by a weaker dollar and falling Treasury yields, as mild US inflation data cemented expectations for a US Federal Reserve rate cut in September and nudged up bets on additional easing later this year.

1 min  |

August 15, 2025

Business World Philippines

BAP seeks legislative reforms to modernize PHL banking sector

THE BANKERS Association of the Philippines (BAP) is pushing for changes to laws on mandated credit and deposit secrecy to make these more relevant to current times and help modernize the banking sector.

2 min  |

August 15, 2025
Business World Philippines

Business World Philippines

Providing broader, easier access to employees' healthcare

POOR HEALTH continues to affect a wide segment of the Filipino population, creating a cycle that takes a toll on both personal well-being and workplace productivity.

4 min  |

August 15, 2025

Business World Philippines

Chamber backs Ang proposal for private sector-led flood control

THE Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCII) said it supported a proposal by San Miguel Corp. (SMC) Chairman Ramon S. Ang to lead a private-sector initiative to build flood-control projects in Metro Manila.

1 min  |

August 15, 2025

Business World Philippines

Stocks go down on profit taking, fiscal concerns

PHILIPPINE STOCKS dropped on Thursday on profit taking after the market’s two-day climb and concerns over the country’s fiscal health.

2 min  |

August 15, 2025

Business World Philippines

CK Hutchison’s $22.8-billion ports business deal in focus as conglomerate reports results

Investors will look for comments from CK Hutchison on the status of its $22.8-billion ports business sale to a consortium led by US investment firm BlackRock when the Hong Kong conglomerate reports its results on Thursday.

1 min  |

August 15, 2025

Business World Philippines

Alliance Global Q2 income jumps 25% to P5.3 billion

ANDREW L. TAN-LED conglomerate Alliance Global Group Inc. (AGI) posted a 25% rise in second-quarter (Q2) attributable profit to P5.3 billion on a normalized basis, driven by its real estate and tourism segments.

2 min  |

August 15, 2025

Business World Philippines

Vehicle sales slip in July as rains dampen demand

NEW VEHICLE SALES declined in July, as bad weather disrupted retail operations, a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) showed.

1 min  |

August 15, 2025
Business World Philippines

Business World Philippines

Warner Bros., Viu launch new streaming bundle by 4th quarter

WARNER BROS. Discovery and Viu are set to offer a streaming bundle that offers HBO Max and Viu services in a single subscription by the fourth quarter.

2 min  |

August 15, 2025

Business World Philippines

MSRP will remain during freeze on rice imports

THE maximum suggested retail price (MSRP) for imported rice will remain in place during the two-month suspension of rice imports ordered by President Ferdinand R. Marcos, Jr., the Department of Agriculture (DA) said on Thursday.

1 min  |

August 15, 2025

Business World Philippines

Elizabeth Banks: grit, pies, and safety nets

How time flies. It feels just like yesterday when Jaime, a curious toddler with bright eyes, was running around at family gatherings.

2 min  |

August 15, 2025

Business World Philippines

NBA clears Celtics’ $6.1-billion sale to Bill Chisholm

A GROUP headed by Bill Chisholm is set to take control of the Boston Celtics after the NBA Board of Governors unanimously approved the sale on Wednesday.

1 min  |

August 15, 2025
Business World Philippines

Business World Philippines

Food Delivery and the hunger for truthful stories

Film on West Philippine Sea fisherfolk, sailors hits cinemas

4 min  |

August 15, 2025

Business World Philippines

How managers avoid costly worker errors

IN THE WORKPLACE

3 min  |

August 15, 2025

Business World Philippines

Sept. LEDAC to determine priority status of military pension reform

THE Legislative-Executive Development Advisory Council (LEDAC) meeting next month will determine whether military and uniformed personnel (MUP) pension reform remains on the priority legislation list, Budget Secretary Amenah F. Pangandaman said.

1 min  |

August 15, 2025

Business World Philippines

Taylor Swift says new Showgirl album reflects joy of recent tour

Pop superstar Taylor Swift said her forthcoming album, the upbeat The Life of a Showgirl, was inspired by the joy she felt when she was performing around the world on her record-setting Eras Tour.

1 min  |

August 15, 2025

Business World Philippines

Beauty and health concepts

BEYOND BRUSHSTROKES MARIA VICTORIA RUFINO

3 min  |

August 15, 2025

Business World Philippines

Peso weakens vs dollar ahead of US PPI data

THE PESO weakened against the dollar on Thursday as players repositioned before the release of July US producer inflation data overnight.

2 min  |

August 15, 2025

Business World Philippines

Remittances expected to drop next year, Visa survey finds

OVERSEAS WORKERS expect to cut down on their remittance over the next 12 months, with remittance recipients also expecting a drop-off, according to Visa, Inc., citing the results of a survey.

1 min  |

August 15, 2025
Business World Philippines

Business World Philippines

Finding the missing link to innovation and growth

It might seem trivial that the Philippine economy grew by 5.5% in the second quarter, edging up from the 5.4% mark earlier this year.

4 min  |

August 15, 2025

Business World Philippines

Filinvest Development profit surges 44% to P3.78B in 2nd quarter

GOTIANUN-LED Filinvest Development Corp. (FDC) reported a 44% year-on-year increase in second-quarter (Q2) attributable net income to P3.78 billion, driven by gains across its banking, real estate, power, hospitality, and sugar operations.

1 min  |

August 15, 2025