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Business World Philippines

Fiscal policy at the frontline: responding to the Iran war shock

The fiscal response to the Iran war shock is not conceptually complex but it is politically and institutionally difficult.

5 min  |

April 17, 2026

Business World Philippines

Could the Iran crisis reshape global supply chains again? When distant conflicts reach the Philippine economy

THE STRAIT OF HORMUZ is only one of several maritime chokepoints that sustain the modern global economy.

5 min  |

April 17, 2026
Business World Philippines

Business World Philippines

Prime Video invests in Filipino content

ABS-CBN, GMA bring in original and licensed titles

4 min  |

April 17, 2026
Business World Philippines

Business World Philippines

All Of The Noise presents live sessions, conferences

ALL OF THE NOISE — a Manila-based music showcase and conference — is back.

3 min  |

April 17, 2026

Business World Philippines

SSI income falls 47.5% on higher costs, weak demand

LED SSI Group, Inc. reported a 47.5% decline in its 2025 attributable net income to P1.32 billion from P2.51 billion a year earlier, weighed down by operational disruptions, weaker consumer demand, and higher expenses.

2 min  |

April 17, 2026
Business World Philippines

Business World Philippines

Carmakers navigating the costly, tricky battery space systems shift

CARMAKERS and battery companies facing a weak US market for electric vehicles (EVs) are scrambling to repurpose battery factories to make energy storage systems to fuel artificial intelligence’s (AI) thirst for power instead.

4 min  |

April 17, 2026

Business World Philippines

ICTSI raises tariffs to offset fuel costs amid Middle East war

GLOBAL port operator International Container Terminal Services, Inc. (ICTSI) said it has adjusted tariffs and handling rates across its terminals to offset rising fuel costs linked to the ongoing Middle East conflict.

1 min  |

April 17, 2026
Business World Philippines

Business World Philippines

Malampaya revenue proposed as buffer if gov’t forgoes fuel taxes

THE Philippine Chamber of Commerce and Industry (PCCI) said the government needs to provide more incentives and legal protections for upstream oil and gas drilling programs to make the Philippines less reliant on imported energy.

1 min  |

April 17, 2026

Business World Philippines

Easter and a secret crime

A time of hope, rebirth, and renewal, Easter is as important as Christmas.

4 min  |

April 17, 2026

Business World Philippines

When sustainability becomes risk management

Sustainability has long been framed as a matter of values.

4 min  |

April 17, 2026

Business World Philippines

ASML lifts ’26 forecast as surging AI chip demand boosts gears new orders

ASML, the world's largest supplier of chipmaking tools, on Wednesday reported stronger-than-expected first-quarter earnings and lifted its 2026 revenue outlook as artificial intelligence (AI) boosts demand for its equipment.

2 min  |

April 17, 2026

Business World Philippines

Nestlé Philippines says it may focus on basic goods if fuel supply tightens

NESTLÉ PHILIPPINES, INC. said it may prioritize the production of basic goods if fuel supply tightens amid rising costs linked to the ongoing conflict in the Middle East.

1 min  |

April 17, 2026

Business World Philippines

Oil crisis to drive more Filipinos into poverty—PIDS

THE PHILIPPINE Institute for Development Studies (PIDS) projects an additional 1.34 million Filipinos will be pushed into poverty this year amid surging oil prices due to the Middle East war.

3 min  |

April 17, 2026

Business World Philippines

SEC moves AFS filing deadline to align with BIR extension

THE Securities and Exchange Commission (SEC) is giving corporations more time to submit their annual financial statements (AFS) to align with the Bureau of Internal Revenue’s (BIR) extension for income tax filings.

1 min  |

April 17, 2026

Business World Philippines

Financial account ownership among Filipinos at 50% – BSP

HALF of Filipino adults had formal financial accounts in 2025, with gains recorded among the youth and women, a Bangko Sentral ng Pilipinas (BSP) survey showed.

4 min  |

April 17, 2026

Business World Philippines

BSP’s real-time gross settlement system processed record P601 trillion in 2025

TRANSACTIONS that went through the Bangko Sentral ng Pilipinas’ (BSP) Peso Real-Time Gross Settlement (RTGS) Payment System reached P601.32 trillion in 2025, marking its strongest performance since its launch in 2021.

3 min  |

April 17, 2026

Business World Philippines

MPower fuels Starbucks Philippines’ enrollment in Retail Aggregation Program

MPower, the local retail electricity supplier of Manuel V. Pangilinan-led Manila Electric Company (Meralco), formalized its partnership with Rustan Coffee Corporation (RCOC), the authorized licensee of Starbucks in the Philippines, for the supply of electricity to select Starbucks branches across Metro Manila.

1 min  |

April 17, 2026
Business World Philippines

Business World Philippines

Bolts face NLEX for a step closer to Commissioner's Cup playoffs

NLEX and Meralco have taken a similar route in the PBA Season 50 Commissioner's Cup so far.

1 min  |

April 17, 2026
Business World Philippines

Business World Philippines

Jollibee Foods Corp. rolls out Compose Coffee in Taiwan, reports early demand

JOLLIBEE FOODS Corp. (JFC) said its Korean coffee brand Compose Coffee saw strong initial demand during its debut in Taiwan.

2 min  |

April 17, 2026

Business World Philippines

IMF: PHL faces 'difficult situation'

The Philippines is facing a difficult situation as its heavy reliance on oil imports tests its economic resilience amid the ongoing energy crisis from the Middle East war, the International Monetary Fund (IMF) said.

3 min  |

April 17, 2026
Business World Philippines

Business World Philippines

DigiPlus secures South Africa licenses

DIGIPLUS Interactive Corp. said it received approvals from the Western Cape Gambling and Racing Board (WCGRB), paving the way for its entry into South Africa, its second international market.

1 min  |

April 17, 2026

Business World Philippines

Low farmgate prices in 2025 seen behind decline in Q1 palay output

LOW FARMGATE PRICES in late 2025 gave farmers little incentive to plant, likely leading to a decline in first-quarter output of palay (unmilled rice), analysts said.

2 min  |

April 17, 2026
Business World Philippines

Business World Philippines

Energy regulator approves over P4-billion cost recovery for Meralco

CONSUMERS served by Manila Electric Co. (Meralco) will face higher electricity rates starting in September after the Energy Regulatory Commission (ERC) approved the recovery of more than P4 billion in costs tied to a major gas plant owned by its affiliate.

2 min  |

April 17, 2026
Business World Philippines

Business World Philippines

Megaworld to open Belmont Hotel Iloilo amid tourism push

TAN-LED Megaworld Corp. is set to open Belmont Hotel Iloilo, its third hotel development within Iloilo Business Park, as it expands its hospitality footprint in key regional destinations.

1 min  |

April 17, 2026

Business World Philippines

Jobs, wage hikes are top concerns among Pinoys

RISING oil prices driven by the Iran conflict are reshaping public priorities, with most adult Filipinos now calling for job creation and wage increases as the government's top concerns, according to a nationwide survey by WR Numero Research.

1 min  |

April 17, 2026
Business World Philippines

Business World Philippines

Gross gaming revenue up 6.39% at P396.14B led by online segment

GROSS GAMING REVENUE (GGR) generated by the gambling industry rose 6.39% in 2025 as the electronic and online gaming segment offset declining earnings from bricks-and-mortar casinos, the Philippine Amusement and Gaming Corp. (PAGCOR) said.

1 min  |

April 17, 2026
Business World Philippines

Business World Philippines

P5.27-B Aklan transmission project nearly complete

THE P5.27-billion transmission project that will strengthen reliable power delivery for Aklan province is 93.16% complete, according to the Department of Energy (DoE).

1 min  |

April 17, 2026

Business World Philippines

ASEAN’s AI race will be won by data flows, not data centers

Southeast Asia is once again rallying around a familiar ambition: to become a global hub for the digital economy.

3 min  |

April 17, 2026

Business World Philippines

Davao opposition to US oil depot 'misplaced'

DAVAO CITY’S opposition to a proposed US military fuel facility in the city is \"misplaced,\" an analyst said, arguing that decisions involving national security and defense cooperation fall under the authority of the National Government.

1 min  |

April 17, 2026

Business World Philippines

Bill cutting VAT to 10% amid oil-driven price surge filed

SENATOR Paolo Benigno A. Aquino IV has filed a bill seeking to cut the value-added tax (VAT) to 10% from 12% to ease the burden on households as surging oil prices linked to the Middle East war push up the cost of living.

2 min  |

April 17, 2026