Newspaper
Business World Philippines
Jacob Ang is new BMW PHL president
SMC ASIA Car Distributors Corp. (SMCACD), exclusive distributor of BMW vehicles in the Philippines, recently announced the appointment of Jacob Ang as its new president, effective Sept. 1. He takes over from Spencer Yu, who led BMW Philippines as president for seven years, and “steps into the role at a time when demand for premium vehicles in the Philippines is growing, alongside rising interest in electrified mobility.”
1 min |
September 08, 2025
Business World Philippines
Marcos off to Cambodia for three-day state visit
PHILIPPINE President Ferdinand R. Marcos, Jr. on Sunday left for a three-day state visit to Cambodia, aiming to secure more investments and security support from Phnom Penh, a staunch China supporter, as Manila lobbies for a legally binding code of conduct in the South China Sea.
2 min |
September 08, 2025
Business World Philippines
Air Canada flight attendants turn down wage agreement
Air Canada flight attendants overwhelmingly rejected a wage agreement on Saturday, with a bitter wage dispute now expected to be worked out through mediation as workers cannot take further legal strike action.
2 min |
September 08, 2025
Business World Philippines
Singapore thrived in a US-led world. Now what?
IF YOU WANT a glimpse of a changing global order, go to Singapore. That’s what I did last month, when I served as the S. Rajaratnam Professor of Strategic Studies at the Rajaratnam School of International Studies and met extensively with leading thinkers and government officials.
3 min |
September 08, 2025
Business World Philippines
Globe celebrates you on its 10th year of GDay
Globe marks the 10th anniversary of its annual GDay celebration this September with a bold promise to bring joy, rewards, and meaningful experiences closer to customers.
2 min |
September 08, 2025
Business World Philippines
Ayala Corp. eyes early achievement of net-zero goal
AYALA CORP. is aiming to achieve its net-zero greenhouse gas emissions target ahead of its 2050 deadline, with progress driven by renewable energy and mobility investments across its subsidiaries, a company official said.
1 min |
September 08, 2025
Business World Philippines
LemFi, GCash team up to help 94 million Filipinos receive instant remittances
LemFi, a leading financial technology platform serving Filipinos and other immigrants across North America, the United Kingdom, and Europe, announces its partnership with GCash, the Philippines’ renowned mobile wallet, which has 94 million active customers. This collaboration will enable Filipinos in North America and Europe (including the United Kingdom) to send money directly to their GCash wallets.
2 min |
September 08, 2025
Business World Philippines
Margin pressure to weigh on PHL banks’ earnings growth
THE SLOWER income growth posted by most listed Philippine banks in the second quarter is likely to continue for the remainder of the year as easing interest rates continue to affect their margins.
3 min |
September 05, 2025
Business World Philippines
NG debt rises to record P17.56 trillion
THE NATIONAL GOVERNMENT’S (NG) outstanding debt ballooned to a record P17.56 trillion at the end of July, breaching its full-year projection for 2025, data from the Bureau of the Treasury (BTr) showed.
3 min |
September 05, 2025
Business World Philippines
Business groups seek jail time for corrupt officials
THIRTY BUSINESS GROUPS on Thursday strongly condemned the continuing and excessive graft and corruption by government officials, calling for jail time for these corrupt individuals.
3 min |
September 05, 2025
Business World Philippines
Another People Power in the making?
By now, most Filipinos have seen, if not memorized, excerpts from Senator Ping Lacson’s much-circulated “corruptionary.” Unlike the entries in Merriam-Webster, Lacson’s version doesn’t define words, it defines a system. It is tailor-made for the digital age: short, graphic, and horrifyingly effective in exposing how billions in public funds have been misused, particularly in the Department of Public Works and Highways’ (DPWH) flood control projects. These are not mere accounting errors, they are systematic acts of plunder.
5 min |
September 05, 2025
Business World Philippines
MOPC honors MVP with 2025 Travel and Tourism Enabler Award
THE MANILA OVERSEAS Press Club (MOPC) presented the 2025 Travel and Tourism Enabler Award to Manuel V. Pangilinan (MVP), Chairman of Metro Pacific Investments Corp. (MPIC), PLDT, and Smart.
1 min |
September 05, 2025
Business World Philippines
First Gen says Batangas plant to run on Bac-Man geothermal via GEOP
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
People vs productivity: A corporate investment dilemma
Our organization has been profitable for the past three years. For now, we have spare cash to spend on only one of two choices. Which should be our priority: motivating workers with an improved cafeteria or acquiring new equipment that enhances labor productivity? — Jelly Bean.
3 min |
September 05, 2025
Business World Philippines
BPI eyes agentic AI for lending
BANK of the Philippine Islands (BPI) is eyeing to use agentic artificial intelligence (AI) to facilitate parts of its lending process, its top official said.
1 min |
September 05, 2025
Business World Philippines
From sinking streets to carbon solutions
WHEN Quezon City streets went underwater after just a few hours of localized rain on Aug. 30, many were shocked. It is unusual for short bursts of rainfall to paralyze a major city in Metro Manila.
4 min |
September 05, 2025
Business World Philippines
Interest never sleeps
The 2026 National Expenditure Program prepared by the Department of Budget and Management (DBM) and submitted to Congress is set at a record P6.793 trillion. While high expenditures are expected for a growing country like the Philippines, the increasing debt level is concerning, as the government is projected to spend P950 billion on interest payments, with another PI trillion allocated for principal amortization. Movements in interest rates are significant as interest payments are a function of rates and the principal borrowed.
2 min |
September 05, 2025
Business World Philippines
Outrage, memes and amnesia
THE RECENT flood control fiasco offers a textbook case of our political cycle of outrage and forgetting.
4 min |
September 05, 2025
Business World Philippines
Peso returns to P56:$1 level as US data bolster Fed easing view
THE PESO jumped back to the P56 level versus the dollar on Thursday as weaker-than-expected US jobs data fueled expectations of a rate cut by the US Federal Reserve this month.
2 min |
September 05, 2025
Business World Philippines
Large-scale RE auction fails to hit installation target
THE GOVERNMENT was unable to hit its installation target of 10,653 megawatts (MW) of renewable energy (RE) capacities under the fourth round of green energy auction (GEA-4).
2 min |
September 05, 2025
Business World Philippines
New fiscal regime for mining industry signed into law
PHILIPPINE President Ferdinand R. Marcos, Jr. on Thursday signed into law a measure that overhauls the tax regime for large-scale metallic mining, imposing royalties and profit-based levies to boost government revenue and share gains with host communities.
3 min |
September 05, 2025
Business World Philippines
Arabica coffee gains ground; sugar near 4-week low
Arabica coffee futures on ICE closed higher on Wednesday, regaining some ground after falling sharply during the previous session, while raw sugar slipped to nearly a four-week low.
1 min |
September 05, 2025
Business World Philippines
PPP pipeline cut to 229 projects worth P2.77T
THE public-private partnership (PPP) project pipeline now consists of 229 projects valued at P2.77 trillion, following the removal of several digitalization and waste management initiatives.
1 min |
September 05, 2025
Business World Philippines
North Korea wipes traces of Kim Jong Un after Beijing meeting with Putin
After Kim Jong Un met with Russian President Vladimir Putin in Beijing, North Korean staffers carefully wiped off items touched by the country’s supreme leader, in what analysts say is part of a suite of security measures to counter foreign spies.
1 min |
September 05, 2025
Business World Philippines
SM readies P150-B expansion, upgrade push through 2030
SM SUPERMALLS is earmarking more than P150 billion in capital expenditure (capex) to fund major redevelopments and build new lifestyle malls over the next five years, its president said.
2 min |
September 05, 2025
Business World Philippines
BSP, DOLE sign information exchange agreement
THE Bangko Sentral ng Pilipinas (BSP) said it signed an information-sharing agreement with the Department of Labor and Employment (DoLE) to enhance the central bank’s capacity to maintain price stability.
1 min |
September 05, 2025
Business World Philippines
Developers urged to grow industrial segment to attract foreign expansion
PROPERTY DEVELOPERS must consider expanding their presence in the industrial segment to attract foreign companies diversifying their supply chains, property consultancy Colliers Philippines said.
1 min |
September 05, 2025
Business World Philippines
Alcaraz vs Djokovic
The result was familiar, but the manner in which it was crafted bore the strain of survival.
2 min |
September 05, 2025
Business World Philippines
Copper steadies after hitting five-month high
Copper prices were steady on Wednesday after hitting their five-month high on mounting expectations of a US interest rate cut later in the month and a weaker dollar.
1 min |
September 05, 2025
Business World Philippines
Gilas Youth gets early door in loss to Bahrain in U16 Asia Cup
FROM Final Four to an early boot.
1 min |