Newspaper
Business World Philippines
Marcos urges assertive global action amid tensions in Indo-Pacific region
PRESIDENT Ferdinand R. Marcos, Jr. on Wednesday called on like-minded nations to take a stronger, more assertive role in defending the rules-based international order, warning that rising global tensions and the erosion of multilateral norms are endangering the post-World War II system.
2 min |
August 08, 2025
Business World Philippines
Crude prices slide as US-Russia talks stir sanction uncertainty
Crude oil prices slid about 1% to an eight-week low on Wednesday after US President Donald J. Trump’s remarks about progress in talks with Moscow created uncertainty on whether the US would impose new sanctions on Russia.
1 min |
August 08, 2025
Business World Philippines
Cardinals edge Dodgers as Ohtani notches 1,000th career hit
JORDAN WALKER had a game-tying single in the eighth inning and Masyn Winn scored the go-ahead run on an error as the visiting St. Louis Cardinals rallied for a 5-3 victory over the Los Angeles Dodgers on Wednesday afternoon.
1 min |
August 08, 2025
Business World Philippines
CREC taps P4.4-B Security Bank loan for 125-MW solar farm
LISTED renewable energy company Citicore Renewable Energy Corp. (CREC) has secured a P4.4-billion term loan facility from Security Bank Corp. to finance its 125-megawatt (MW) solar power project in Pangasinan.
1 min |
August 08, 2025
Business World Philippines
60-day rice import freeze not seen as inflationary
THE suspension of rice imports for 60 days is not likely to drive inflation due to ample supplies of the staple grain, the Department of Economy, Planning, and Development (DEPDev) said.
1 min |
August 08, 2025
Business World Philippines
LG drops latest AI-powered xboom lineup, in collaboration with will.i.am
SOUTH KOREAN tech brand LG has officially launched its latest audio lineup, xboom, which features artificial intelligence (AI) smart sound, with nine-time Grammy winner will.i.am steering its creative direction.
1 min |
August 08, 2025
Business World Philippines
Debt-to-GDP ratio grows to 63.1% at end of June
THE National Government’s (NG) debt as a share of gross domestic product (GDP) rose to 63.1% at the end of June, the highest ratio since 2005, the Bureau of the Treasury reported on Thursday.
1 min |
August 08, 2025
Business World Philippines
PHL stocks inch down on GDP report, tariff fears
PHILIPPINE STOCKS edged lower on Thursday to end a four-day climb as the market reacted to second-quarter gross domestic product (GDP) data and amid renewed tariff concerns following fresh threats from US President Donald J. Trump.
2 min |
August 08, 2025
Business World Philippines
Yankees' OF Aaron Judge 'felt good' throwing for first time since injury
AARON JUDGE has already returned to the New York Yankees lineup as a designated hitter, but the MVP candidate took another significant step toward outfield (OF) action on Wednesday.
1 min |
August 08, 2025
Business World Philippines
Malixi outgunned by HK's Lau in US Women's Amateur thriller
RIANNE MALIXI'S title repeat bid in the US Women's Amateur came to a shocking, abrupt end as she fell to Hong Kong's (HK) Arianna Lau, 1-down, right in the opening round on Wednesday in Bandon, Oregon.
1 min |
August 08, 2025
Business World Philippines
New ERC chairman sees rate review backlog cleared within four years
THE incoming chairman of the Energy Regulatory Commission (ERC) committed to clearing the backlog of rate reset applications within four years by streamlining the review process.
2 min |
August 08, 2025
Business World Philippines
Megaworld bets on tourism with 7 new hotels by 2030
LISTED property developer Megaworld Corp., through its hospitality arm Megaworld Hotels & Resorts, is planning to open seven new hotels by 2030 as part of its goal to expand its portfolio to 9,000 rooms.
1 min |
August 08, 2025
Business World Philippines
Filipino talent shines in Freakier Friday
Manny Jacinto attends PHL movie premiere
2 min |
August 08, 2025
Business World Philippines
Mboko upsets Rybakina to book Canadian Open final with Osaka
TEENAGER Victoria Mboko survived a first-set wobble to battle toa 1-6, 7-5, 7-6(4), win over 2022 Wimbledon champion Elena Rybakina and set up a Canadian Open showdown with Naomi Osaka, while men’s top seed Alexander Zverev was stunned by Karen Khachanov.
2 min |
August 08, 2025
Business World Philippines
Vital cog
The sheer numbers — $221 million for four years — would make the news in any case. Because they’re emblazoned across the sticker that makes De’Aaron Fox a central figure in the Spurs’ future, however, the headlines have been bolder. Still, the real story goes beyond the math; it’s in the intention of the move that signals neither desperation nor recklessness, but a calculated bet that the cost of standing still trumps the price of moving forward.
1 min |
August 08, 2025
Business World Philippines
Port cargo volume up 5.48% in 2 nd quarter
THE Philippine Ports Authority (PPA) said port cargo volume grew 5.48% in the second quarter, mainly driven by foreign shipments.
1 min |
August 08, 2025
Business World Philippines
Gold bullion prices ease on profit taking
GOLD PRICES eased on Wednesday as investors booked profits after prices hit a near two-week high in the previous session, while the market's focus shifted to US President Donald J. Trump’s upcoming US Federal Reserve nominations.
1 min |
August 08, 2025
Business World Philippines
Okada Manila operator TRLEI names Nobuki Sato as new president, COO
OKADA MANILA operator Tiger Resort, Leisure and Entertainment, Inc. (TRLEI) has named Nobuki Sato as its new president and chief operating officer (COO), effective Sept. 15.
1 min |
August 08, 2025
Business World Philippines
BIR files P1.4-B tax evasion cases vs firms, CPAs
THE Bureau of Internal Revenue (BIR) on Thursday filed criminal complaints against several corporations, officers, and accountants for allegedly using ghost receipts to evade P1.4 billion in taxes.
1 min |
August 08, 2025
Business World Philippines
Walt Disney tops earnings forecasts with streaming gains, raises guidance
Walt Disney posted better-than-expected quarterly results and raised its annual profit forecast on Wednesday, led by gains in the streaming business, which is expected to be the centerpiece of its growth strategy in coming years.
1 min |
August 08, 2025
Business World Philippines
SM Prime retains FTSE4Good Index Series spot, cites focus on climate-resilient infrastructure
SM PRIME Holdings, Inc. said it will expand its renewable energy initiatives and climate-resilient infrastructure following its continued inclusion in the FTSE4Good Index Series.
1 min |
August 08, 2025
Business World Philippines
PCCI plans five more trade missions this year
THE Philippine Chamber of Commerce and Industry (PCCI) said it will be participating in five more foreign trade missions this year to help attract new investment to the Philippines.
1 min |
August 08, 2025
Business World Philippines
Pawol to become first woman to umpire in regular-season MLB
Jen Pawol is set to become the first woman to be an umpire in a regular-season Major League Baseball (MLB) game this weekend, working for the Atlanta Braves’ three-game series at home against the Miami Marlins beginning on Saturday.
1 min |
August 08, 2025
Business World Philippines
Jericho Cruz-led Guam bows to Iran in FIBA Asia Cup
FILIPINO-Guamanian standout Jericho Cruz of San Miguel Beermen (SMB) served as one of the few silver linings as Guam — like his compatriot Gilas Pilipinas — stumbled in its 2025 FIBA Asia Cup debut on Thursday at the King Abdullah Sports City in Jeddah, Saudi Arabia.
1 min |
August 08, 2025
Business World Philippines
Chip industry association warns of ‘devastating’ Trump tariff impact
THE Semiconductor and Electronics Industries in the Philippines, Inc. (SEIPI) said the proposed 100% tariff on semiconductors entering the US market would be “devastating” to Philippine exporters.
1 min |
August 08, 2025
Business World Philippines
Deals with India seen unlocking economic ties, tourist exchanges
DEALS signed between India and the Philippines are expected to accelerate the growth of business exchanges and leisure travel, officials said.
1 min |
August 08, 2025
Business World Philippines
Copper up on rate cut hopes, supply worries
Copper prices rose on Wednesday, supported by hopes for US interest rate cuts and persistent supply concerns following the suspension of a mine in leading producer Chile.
1 min |
August 08, 2025
Business World Philippines
Trump announces $100-B new investment pledge from Apple
President Donald J. Trump announced on Wednesday that Apple will invest an additional $100 billion in the United States, a move that could help it sidestep potential tariffs on iPhones.
2 min |
August 08, 2025
Business World Philippines
Trump says US will levy 100% tariff on some chip imports
The United States will impose a tariff of about 100% on semiconductor chips imported from countries not producing in America or planning to do so, President Donald J. Trump said.
2 min |
August 08, 2025
Business World Philippines
Marcos says Philippines open to joining BRICS bloc
PRESIDENT Ferdinand R. Marcos, Jr. said the Philippines is open to the possibility of joining the BRICS bloc, as Manila seeks to expand its global partnerships amid shifting geopolitical dynamics.
2 min |