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Business World Philippines

Business World Philippines

CBD rents hold firm; fringe faces oversupply

THE METRO MANILA office market is expected to see continued demand for high-quality and strategically located properties, but fringe areas are facing oversupply, according to property consultancy firm Cushman & Wakefield.

2 min  |

August 28, 2025

Business World Philippines

Pangilinan, Secretary Go explore more severe measures vs hoarders

SENATOR Francis Pancratius N. Pangilinan and Secretary Frederick D. Go, the special assistant to the President for investment and economic affairs met on Tuesday to discuss how to strengthen measures against agricultural smuggling, the Senator’s office said in a statement.

1 min  |

August 28, 2025

Business World Philippines

While ensuring stable electricity service to millions of customers Meralco pursues investments to cater to future needs of Filipino consumers

AS THE PHILIPPINE economy continues to expand, the demand for reliable, sustainable, and inclusive energy solutions has never been greater. The Manila Electric Company (Meralco) is facing this challenge head-on through continued investments and innovation — ensuring adequate power supply, resilient distribution infrastructure, and topnotch service that will energize communities and industries in the years to come.

4 min  |

August 28, 2025
Business World Philippines

Business World Philippines

Exploring El Nido's charm beyond sunshine and sand

LOW SEASON came early at one of the most popular summer destinations, El Nido, according to a manager in one of the hotels in the coastal town. Yet, despite the gloomy weather, tourists can still enjoy an unforgettable getaway, one that goes beyond the usual island hopping and snorkeling.

3 min  |

August 28, 2025

Business World Philippines

TDF yields drop before BSP meet

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits dropped on Wednesday, even as the one-week tenor went undersubscribed, ahead of the anticipated rate cut at the Monetary Board’s meeting on Thursday.

1 min  |

August 28, 2025

Business World Philippines

Bol well behind target pace on investment proposals as of July

THE Board of Investments (BoI) approved P398.94 billion worth of investment pledges in the first seven months, equivalent to about 22% of its target for the year.

1 min  |

August 28, 2025

Business World Philippines

Mastercard to have new head for Asia-Pacific starting January

MASTERCARD has appointed Richard Wormald as its president for Asia-Pacific effective Jan. 1, 2026.

1 min  |

August 27, 2025
Business World Philippines

Business World Philippines

Metro Pacific Tollways Corp. and Mizuho Bank win prestigious Trade Finance Award for its cross-border deal

Metro Pacific Tollways Corp. (MPTC) — the Philippines’ leading toll road operator — and Japan-based banking giant Mizuho Bank have been recognized by The Asian Banker with the Best Corporate Trade Finance Deal in Asia Pacific for their successful execution of a landmark cross-border acquisition of a stake in Indonesia’s Trans-Java Toll Road in November 2024.

1 min  |

August 27, 2025

Business World Philippines

Gold ends flat; market awaits Fed policy path

GOLD PRICES held steady on Monday, as the market’s focus shifted to upcoming US Personal Consumption Expenditures data for cues on the US Federal Reserve’s policy path, while a stronger dollar capped gains.

1 min  |

August 27, 2025

Business World Philippines

AM Best keeps ratings, downgrades outlooks for Malayan Insurance

DEBT WATCHER AM Best has affirmed its ratings for Malayan Insurance Co., Inc. but revised the outlooks to “negative” from “stable” due to losses from catastrophes and other events.

1 min  |

August 27, 2025

Business World Philippines

House vows impartial probe into flood control fund misuse

CONGRESSMEN on Tuesday said the House of Representatives would spare no one in its investigation of alleged irregularities in government flood control projects, vowing there would be “no sacred cows.”

2 min  |

August 27, 2025
Business World Philippines

Business World Philippines

PHL startups outperform big firms in Al adoption

PHILIPPINE startups are adopting artificial intelligence (AI) technologies faster than bigger enterprises, but overall adoption remains at a basic level, according to a report by Amazon Web Services (AWS) and advisory firm Strand Partners.

2 min  |

August 27, 2025

Business World Philippines

Carlos Alcaraz eases into US Open second round as Venus Williams makes emotional exit

Carlos Alcaraz cruised into the second round of the US Open with a straight-sets mauling of big-serving American Reilly Opelka on Monday, while veteran Venus Williams made an emotional exit at the hands of 11® seed Karolina Muchova.

2 min  |

August 27, 2025

Business World Philippines

PHL milk production up 11.4% in first half

MILK production in the six months to June rose 11.4% to 18.16 million liters, according to the National Dairy Authority (NDA).

1 min  |

August 27, 2025

Business World Philippines

PSEi tumbles to four-month low on tariff threats

PHILIPPINE SHARES plummeted on Tuesday, with the benchmark index falling to the 6,100 level and hitting a four-month low, following US President Donald J. Trump’s latest tariff threats.

2 min  |

August 27, 2025

Business World Philippines

Historic triumph

Under the bright lights of the Grandstand at Flushing Meadows, Alexandra Eala broke through a barrier no Filipino had ever breached in the Open Era: she won a main-draw singles match in a major tournament. Her three-set triumph over 14\" seed Clara Tauson in the first round of the US

1 min  |

August 27, 2025

Business World Philippines

DoubleDragon readies P10.9-B bond issue as BSP rate decision approaches

LISTED DoubleDragon Corp. (DD) is preparing to launch a bond offer of up to P10.9 billion in September as the Bangko Sentral ng Pilipinas (BSP) is set to decide on policy rates later this week.

1 min  |

August 27, 2025

Business World Philippines

Hann Holdings says timing, not fundamentals, behind IPO deferral

HANN HOLDINGS, INC. said its decision to defer its P13-billion initial public offering (IPO), originally scheduled for listing next month, aims to protect investors until market conditions improve.

2 min  |

August 27, 2025

Business World Philippines

US President Donald Trump wants more deals like Intel’s, worrying business community

US President Donald J. Trump said he wants to make more investments in healthy US companies on Monday. Whether Corporate America is on board is another story.

4 min  |

August 27, 2025
Business World Philippines

Business World Philippines

Art, craft, and food combine in Kalibo café

FOR YEARS, Kalibo was seen as little more than a stopover for travelers headed to Boracay.

3 min  |

August 27, 2025

Business World Philippines

Rice-importing powers pushed for FTI, Planters

THE Department of Agriculture (DA) proposed to legislators that Food Terminal, Inc. (FTI) and Planters Products, Inc. be granted the power to import rice on behalf of the government.

1 min  |

August 27, 2025

Business World Philippines

PPP being considered for LRT-2 West extension line

THE Department of Transportation (DoTr) said it is planning to tap the private sector for the Light Rail Transit Line 2 (LRT-2) West expansion project.

1 min  |

August 27, 2025

Business World Philippines

From Philippines to Mexico, US Open 2nd round reflects game's global spread

Players from the Philippines and Hong Kong will be on the schedule for the second round of a Grand Slam for the first time this week, as the US Open sees the impact of an increasingly global game.

2 min  |

August 27, 2025

Business World Philippines

Marcos vows tighter restrictions on online gambling

PHILIPPINE President Ferdinand R. Marcos, Jr. on Tuesday vowed to tighten online gambling rules, saying the fast-growing industry exploits consumer vulnerabilities and threatens the stability of the country’s financial system.

1 min  |

August 27, 2025

Business World Philippines

Brief La Niña could bring more typhoons by September

A POTENTIAL La Niña could start influencing weather patterns as early as September, mainly in the form of more typhoons, the government weather service, known as PAGASA (Philippine Atmospheric, Geophysical and Astronomical Services Administration), said.

1 min  |

August 27, 2025

Business World Philippines

Philippines warns China of ‘red line’ if BRP Sierra Madre is towed from shoal

CHINA would be crossing a “red line” if it tries to towa grounded Philippine warship from a disputed shoal in the South China Sea, a Philippine Navy spokesman said on Tuesday, stressing that contingency plans are in place after a Chinese navy tugboat ‘was spotted in the contested waters.

3 min  |

August 27, 2025

Business World Philippines

Aramco acquisition of 25% stake in Unioil cleared by competition regulator

THE Philippine Competition Commission (PCC) said it cleared the proposed acquisition by Aramco Asia Singapore Pte. Ltd. of a 25% stake in Unioil Petroleum Philippines, Inc. and Unioil Energy Pte. Ltd.

1 min  |

August 27, 2025
Business World Philippines

Business World Philippines

PHL digitalization deepens, but rules for AI in education lacking

THE DIGITALIZATION of Philippine industries is deepening, with adopters starting to harness its full potential in response to regulation supporting more access to services, industry representatives said.

2 min  |

August 27, 2025

Business World Philippines

Tracing the widening arc from work permits to world wanderers: Key updates in Philippine immigration law

As work is no longer tethered to place, the law is compelled to keep pace.

4 min  |

August 27, 2025
Business World Philippines

Business World Philippines

Why can’t Britain and the US build? China has an answer

IT’S LONG BEEN obvious that something has gone askew with Britain’s ability to build.

5 min  |

August 27, 2025