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Business World Philippines

Nvidia and AMD to pay 15% of China chip sale revenues to US government

NVIDIA and AMD have agreed to give the US government 15% of revenue from sales to China of advanced computer chips like Nvidia's H20 that are used for artificial intelligence (AI) applications, a US official told Reuters on Sunday.

2 min  |

August 12, 2025

Business World Philippines

INUNDATION NATION

Yes, we really have to talk about floods

4 min  |

August 11, 2025

Business World Philippines

Treasury bill rates may be steady

RATES of the Treasury bills (T-bill) to be offered this week may be steady as better-than-expected July inflation data bolstered expectations of further policy easing by the Bangko Sentral ng Pilipinas (BSP).

3 min  |

August 11, 2025

Business World Philippines

Central banks urged to remain a stabilizing force amid uncertainty in global economy — BIS

CENTRAL BANKS must remain a “stabilizing force” amid uncertainties in the global economy, the Bank for International Settlements (BIS) said.

3 min  |

August 11, 2025

Business World Philippines

Metrobank to boost consumer lending to support profitability

METROPOLITAN Bank Trust & Co. (Metrobank) is looking to further expand its lending to the consumer segment to help boost its profits as easing interest rates affect margins.

3 min  |

August 11, 2025

Business World Philippines

Borrowing from Tomorrow

On July 23, President Ferdinand Marcos, Jr. had just arrived from a five-day official visit to the US, where he came home with US President Donald Trump's rather condescending final 19% tariff on Philippine exports to the US. It seems that there was no time for President Marcos Jr. to review and edit the State of the Nation Address (SONA) that he delivered on July 28, because he made no mention of the measly 1% tariff reduction grudgingly given by Trump, which might affect the vulnerable developing Philippine economy.

6 min  |

August 11, 2025

Business World Philippines

DBS lowers Philippine inflation forecast to 1.7%

SINGAPORE-BASED DBS Bank slashed its inflation forecast for the Philippines for 2025, with expectations of further policy easing for the remainder of the year.

2 min  |

August 11, 2025

Business World Philippines

GDP growth may miss top-end goal

PHILIPPINE economic growth is unlikely to reach the upper end of the government's 5.5-6.5% target this year amid higher US tariffs and slowing remittances, analysts said.

2 min  |

August 11, 2025

Business World Philippines

French crystal maisons show off at Rustan's

RUSTAN'S is celebrating Home Month at its Makati branch with a display of limited edition pieces from luxury houses, including the French brand Daum.

2 min  |

August 11, 2025
Business World Philippines

Business World Philippines

Special dog on wheels Liit steals hearts at EastWest Dream Run Manila

AT THE FINAL leg of the EastWest Dream Run 2025, more than 6,000 runners took to the streets of Filinvest City in Alabang to chase fitness goals and personal records.

1 min  |

August 11, 2025
Business World Philippines

Business World Philippines

Meralco seeks DoE approval for 900-MW baseload procurement

POWER distributor Manila Electric Co. (Meralco) is seeking to procure 900 megawatts (MW) of electricity via a competitive selection process (CSP).

2 min  |

August 11, 2025

Business World Philippines

UST confers nation's first Ph.D. in Medical Technology

DR. MARIEJIM DIANE PAYOT of the Department of Medical Technology, under the University of Santo Tomas (UST) Faculty of Pharmacy, marched onstage to become the first recipient of the degree Doctor of Philosophy major in Medical Technology.

1 min  |

August 11, 2025
Business World Philippines

Business World Philippines

New SE HEV variant added to Toyota Yaris Cross lineup

TOYOTA MOTOR PHILIPPINES (TMP) added the new Yaris Cross SE variant to top the hybrid electric vehicle (HEV) offerings of the Yaris Cross model line.

1 min  |

August 11, 2025

Business World Philippines

DoLE bolsters partnership with academe, industry amid labor force growth

THE Department of Labor and Employment (DoLE) is strengthening its collaboration with the education sector to improve the local job supply amid the growing number of Filipinos entering the labor force, its top official said at the weekend.

2 min  |

August 11, 2025

Business World Philippines

Trent Grisham’s go-ahead homer pushes NY Yankees past Astros

TRENT GRISHAM slugged a tie-breaking homer with two outs in the eighth inning and the host New York (NY) Yankees recorded a 5-4 victory over the Houston Astros on Saturday afternoon.

1 min  |

August 11, 2025

Business World Philippines

Cattle, buffalo products from Italy, France banned

THE Department of Agriculture (DA) has issued a temporary ban on imports of live cattle and buffalo from France and Italy.

1 min  |

August 11, 2025

Business World Philippines

PH1 secures P1.25-B loan from Chinabank for Taytay project

REAL ESTATE developer PH1 World Developers, Inc. has secured a P1.25-billion loan from Sy-led China Banking Corp. (Chinabank) to fund the ongoing construction of its Modan Lofts Ortigas Hills mid-rise residential condominium project in Taytay, Rizal.

1 min  |

August 11, 2025

Business World Philippines

Philippines' strategic partnership with India could irk China - analysts

CHINA may become more aggressive in asserting its South China Sea claims after the Philippines and India forged a strategic partnership, a move that could help counter Beijing's expansive claims in the disputed waters, analysts said on Sunday.

2 min  |

August 11, 2025
Business World Philippines

Business World Philippines

Tesla to streamline its AI chip design work, Musk says

TESLA will streamline its artificial intelligence (AI) chip research to focus on its development of inference chips used to run AI models and make real-time decisions, Chief Executive Officer Elon Musk said, after a media report he had ordered the closure of the in-house Dojo supercomputer team.

2 min  |

August 11, 2025
Business World Philippines

Business World Philippines

Shell LiveWire 2025 names top tech startups driving innovation

SHELL LIVEWIRE, Shell Pilipinas Corp.'s flagship enterprise development program that champions Filipino entrepreneurship, has named its top three tech startup finalists following the pitch event in June. These startups were selected for their forward-thinking solutions in agricultural, energy efficiency, and sustainability.

1 min  |

August 11, 2025

Business World Philippines

European leaders stress need to protect Ukrainian interests

European leaders welcomed on Saturday US President Donald J. Trump’s plans to meet with Russian President Vladimir Putin on ending the war in Ukraine, while stressing the need to keep pressure on Moscow and protect Ukrainian and European security interests.

3 min  |

August 11, 2025
Business World Philippines

Business World Philippines

Alsons Dev Unveils Northtown Residences 5 in Davao

ALSONS DEVELOPMENT and Investment Corp. (Alsons Dev) introduces Northtown Residences 5, the latest expansion within Northtown, a suburban township in Buhangin, Davao City. The newest development marks another milestone in the company’s enduring legacy of building trusted, master-planned communities for generations of Mindanaoans.

1 min  |

August 11, 2025

Business World Philippines

SEC examining Villar Land's P1.3-T property appraisals, P1-T net income

THE Securities and Exchange Commission (SEC) said it is reviewing the P1-trillion net income and valuation gains reported by listed property developer Villar Land Holdings Corp. for 2024, along with the company’s share price.

2 min  |

August 11, 2025

Business World Philippines

Ayala Land plans P50-B fundraising in second half

AYALA LAND, INC. (ALI) plans to raise P50 billion in the second half of the year to support its growth plans, with part of the fundraising expected to start this month.

1 min  |

August 11, 2025

Business World Philippines

PCCI highlights digital transformation as key to competitiveness at 51st Business Conference

THE PHILIPPINE CHAMBER of Commerce and Industry (PCCI), the country’s largest business organization, is putting digital transformation front and center of the 51st Philippine Business Conference and Expo (PBC&E), this year’s biggest gathering of business leaders happening on Oct. 20-21 at the SMX Convention Center Manila.

1 min  |

August 11, 2025

Business World Philippines

Shohei hits 40" homer; Blake Snell fans 10 as Dodgers rout Blue Jays

BLAKE SNELL struck out 10 over five shutout innings and Shohei Ohtani blasted his 40\" home run of the season to boost the Los Angeles Dodgers to a 9-1 win over the visiting Toronto Blue Jays on Saturday evening.

1 min  |

August 11, 2025

Business World Philippines

GOCC subsidies fall nearly 27% in June

SUBSIDIES provided to government-owned and -controlled corporations (GOCCs) fell 26.68% from a year earlier in June, the Bureau of the Treasury (BTr) reported.

2 min  |

August 11, 2025
Business World Philippines

Business World Philippines

Hotel101-Fort renews partnership with Miss Asia Pacific International 2025

HOTEL101-FORT, the largest hotel in Taguig City with 606 HappyRooms, announced its continued partnership as the Official Residence of Miss Asia Pacific International 2025.

1 min  |

August 11, 2025

Business World Philippines

AXA Philippines clinches double win at 2025 Insurance Asia Awards

AXA PHILIPPINES took home a significant double victory at the 2025 Insurance Asia Awards.

1 min  |

August 11, 2025

Business World Philippines

World Bank’s IFC approves Oman polysilicon project loan over US objection

THE World Bank's International Finance Corporation (IFC) on Friday approved a loan and investment worth up to $250 million in a polysilicon manufacturing project in Oman for solar power applications, over the objections of the IFC’s US executive director, the US Treasury department said.

1 min  |

August 11, 2025