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Business World Philippines

Turn creativity into rewards with Brother's SP1 Sublimation Printer

UNTIL SEPT. 30, customers who purchase a Brother SPI Sublimation Printer from any Authorized Brother Dealer and join the Brother Customer Plus Loyalty Program can enjoy a P5,000 cashback via a Universal Giftaway e-Gift, a reward that can help jumpstart any creative venture.

1 min  |

September 05, 2025

Business World Philippines

PHL targets 2026 to start accepting nuclear energy project proposals

THE Department of Energy (DoE) plans to begin accepting applications for nuclear energy projects by 2026 as part of efforts to introduce nuclear power into the country's energy mix by 2032.

2 min  |

September 05, 2025

Business World Philippines

Google’s AI rivals get a boost from search data-sharing order

SAN FRANCISCO — Arising group of artificial intelligence (AT) companies stand to gain from an antitrust ruling on Tuesday that ordered Alphabet’s Google to share its invaluable search data with competitors.

2 min  |

September 05, 2025

Business World Philippines

Safe-haven gold bullion rally gains further momentum after soft US data

GOLD extended its record-breaking rally on Wednesday, powered by softer US jobs data that reinforced expectations of a US Federal Reserve interest rate cut later this month, while lingering global uncertainties kept safe-haven demand firmly in play.

1 min  |

September 05, 2025

Business World Philippines

Manila and allies stage naval drills near Scarborough Shoal, draw China rebuke

THE PHILIPPINES held joint naval exercises with Australia, Canada and the US in the South China Sea earlier this week, a move seen as reinforcing security cooperation amid heightened Chinese assertiveness in the contested waters.

2 min  |

September 05, 2025

Business World Philippines

Proposed DA-DAR merger seen aiding ARB integration into DA dev’t efforts

A PROPOSAL to merge the departments of Agriculture (DA) and Agrarian Reform (DAR) will serve to better integrate agrarian reform beneficiaries (ARBs) into DA programs, analysts said, though the sugar industry expressed its opposition to the idea.

2 min  |

September 05, 2025

Business World Philippines

Former PAL chief Santa Maria named president and CEO of MPTC

METRO PACIFIC Investments Corp. (MPIC) has appointed former Philippine Airlines, Inc. (PAL) chief Gilbert Gabriel F. Santa Maria as president and chief executive officer (CEO) of Metro Pacific Tollways Corp. (MPTC).

1 min  |

September 05, 2025

Business World Philippines

Western dysfunction is bolstering China

How they react — by submitting or building up the defenses needed to ensure independence — depends on finding a backer capable of deterring Chinese predations. The US no longer looks like a reliable bet.

3 min  |

September 05, 2025

Business World Philippines

DoH says it needs P450 billion yearly for free healthcare

THE PHILIPPINES needs P450 billion every year to provide free healthcare services in government hospitals, according to the Health secretary.

1 min  |

September 05, 2025

Business World Philippines

Senate eyes 2026 budget purge amid DPWH red flags

THE PHILIPPINE Senate will prioritize removing questionable items from the proposed 2026 national budget after senators raised concerns about anomalous projects under the Department of Public Works and Highways (DPWH).

2 min  |

September 05, 2025

Business World Philippines

US ‘very troubled’ by Norway’s $2-trillion wealth fund’s divestment from Caterpillar

President Donald J. Trump’s administration said on Wednesday it was “very troubled” by the divestment by Norway’s $2-trillion wealth fund from US construction equipment group Caterpillar, adding Washington was directly engaging with the Norwegian government on the issue.

1 min  |

September 05, 2025

Business World Philippines

Rain stops Eala-Lepchenko game in Guadalajara Open

MASSIVE rain halted Alexandra “Alex” Eala's thrilling back-and-forth marathon against Varvara Lepchenko of the United States in the second round of the WTA 125 Guadalajara Open on Thursday in Mexico.

1 min  |

September 05, 2025

Business World Philippines

Senate issues subpoenas vs contractors, DPWH officials amid flood control probe

SENATE PRESIDENT Francis “Chiz” G. Escudero on Thursday said that he has issued subpoenas to summon contractors and Public Works officials allegedly involved in anomalous flood control probe

1 min  |

September 05, 2025

Business World Philippines

NG debt,

Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort said debt rose as the government ramped up borrowings to plug the widening budget gap.

1 min  |

September 05, 2025

Business World Philippines

US tariff impact expected to start showing up in August export data

THE Department of Trade and Industry (DTI) said it is bracing for the full impact of the US tariffs to show up in the August export figures, and is stepping up its support for exporters who may be affected.

2 min  |

September 05, 2025

Business World Philippines

InstaPay, PESONet transactions rise

THE VALUE of transactions made via InstaPay and PESONet grew by 40.32% year on year at end-July, data from the Bangko Sentral ng Pilipinas (BSP) showed.

2 min  |

September 05, 2025

Business World Philippines

Crude oil prices plunge as OPEC+ weighs another output increase

Crude oil prices fell by more than 2% on Wednesday ahead of a weekend meeting of OPEC+ producers that is expected to consider another increase in production targets in October.

1 min  |

September 05, 2025

Business World Philippines

Japan parts maker Nidec plunges on accounting probe

Shares of Japan’s Nidec plummeted by one-fifth on Thursday after the electric motor maker said it would set up an independent committee to investigate the possible involvement of management in improper accounting.

1 min  |

September 05, 2025
Business World Philippines

Business World Philippines

Year’s worth of winning dish up for grabs at Grab FanFaves

THIS YEAR'S iteration of Grab FanFaves, Grab’s annual order campaign that crowns the Philippines’ most beloved dishes, invites Filipinos to vote with their orders, turning everyday cravings into ballots that decide which food items will be named the country’s top fan favorites.

1 min  |

September 05, 2025
Business World Philippines

Business World Philippines

Welcome to the Hyunam-dong Bookshop author to visit PHL for talks, signing

THE KOREAN CULTURAI Center in the Philippines (KCC), invites book lovers, dreamers, and seekers of quiet joys to “Conversations with Hwang Boreum: Stories in the Bookshop,” happening from Sept. 10-14 at the Manila International Book Festival (MIBF) and select venues.

1 min  |

September 05, 2025
Business World Philippines

Business World Philippines

United Print and Multimedia Group's reading campaign commences at Gen. Gregorio Del Pilar Elementary School

THE UNITED PRINT and Multimedia Group (UPMG) recently held an event filled with fun and learning at the Gen. Gregorio Del Pilar Elementary School as part of its \"Back To Basics\" reading campaign, in partnership with the Ad Standard Council.

1 min  |

September 05, 2025

Business World Philippines

Anisimova shocks second seed Swiatek to make US Open last 4

Amanda Anisimova flipped the script on Wednesday by ousting second seed Iga Swiatek 6-4, 6-3 to reach her first US Open semifinal, exacting revenge for one of the most brutal defeats in Grand Slam history.

2 min  |

September 05, 2025

Business World Philippines

Stocks up on bargain hunting after five-day slide

PHILIPPINE STOCKS inched up on Thursday as investors picked up bargains following the market's five-day slide.

2 min  |

September 05, 2025

Business World Philippines

Petron launches $550-M exchange, tender offer for securities

PETRON CORP. is offering investors the option to exchange $550 million worth of its existing securities for new ones, or to sell them back for cash.

1 min  |

September 05, 2025

Business World Philippines

Trump administration takes tariffs fight to the US Supreme Court

Donald J. Trump’s administration asked the US Supreme Court on Wednesday to swiftly hear a bid to preserve his sweeping tariffs pursued under a 1977 law meant for emergencies after a lower court invalidated most of the levies that have been central to the Republican president’s economic and trade agenda.

3 min  |

September 05, 2025

Business World Philippines

GoTyme offers 20 free InstaPay transfers a month

GOTYME BANK is giving its users 20 free InstaPay transfers monthly as it moves to help make online transactions more accessible and affordable.

2 min  |

September 04, 2025

Business World Philippines

Senior House members back return of spending plan to DBM for 'correction'

MEMBERS of the House of Representatives majority urged legislators on Wednesday not to participate in hearings on the proposed P6.793-trillion 2026 budget until the Department of Budget and Management (DBM) clears up what they described as \"questionable\" items in the spending plan.

2 min  |

September 04, 2025

Business World Philippines

Yields on term deposits continue to decline after BSP's latest rate cut

YIELDS on term deposits eased further on Wednesday after the Bangko Sentral ng Pilipinas (BSP) delivered its third straight rate cut last week.

2 min  |

September 04, 2025
Business World Philippines

Business World Philippines

Floating money

Not too long ago, I came across a report stating that as of March 2025, Starbucks held about $1.85 billion in balances from stored-value cards and customer loyalty programs. In essence, these are customer prepayments that have not yet been redeemed. To some extent, they may be viewed as customer deposits.

4 min  |

September 04, 2025

Business World Philippines

WESM rates rose in August on plant outages

ELECTRICITY PRICES at the Wholesale Electricity Spot Market (WESM) climbed in August due to higher demand and outages of several plants, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

1 min  |

September 04, 2025