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Business World Philippines

MGen sees power generation capacity doubling by 2030

MERALCO PowerGen Corp. (MGen), the power generation arm of Manila Electric Co. (Meralco), expects to deliver 10,346 megawatts (MW) of net sellable capacity and 5,288 MW of attributable capacity over the next five years, according to its president.

1 min  |

August 04, 2025

Business World Philippines

Australia eyes more US exports as Trump holds tariffs at 10%

Australian products could become more competitive in the US market, helping businesses boost exports, Trade Minister Don Farrell said, after US President Donald J. Trump kept the minimum tariff rate of 10% for Australia.

1 min  |

August 04, 2025
Business World Philippines

Business World Philippines

Bringing nature-based skincare to the spa

WITH THE GOAL of introducing a new chapter in wellness through its spa offerings, Conrad Manila is incorporating ISUN Skincare into its new signature therapies.

2 min  |

August 04, 2025

Business World Philippines

SEC says no new tax, just standardization

THE Securities and Exchange Commission (SEC) said the 20% tax on long-term deposit interest, under the newly implemented Capital Markets Efficiency Promotion Act (CMEPA) is not a new levy but part of a standardization move.

1 min  |

August 04, 2025
Business World Philippines

Business World Philippines

Experience southern progress at The Levels in Filinvest City

The Levels' offer exceptional homes inside the flourishing garden business district

4 min  |

August 04, 2025
Business World Philippines

Business World Philippines

TelaHistoria celebrates heritage through indigenous weaves

FILIPINO weaving heritage was celebrated and sustainable, culturally rooted fashion promoted in “TelaHistoria 2025: The Runway Story of Filipino Fabrics,” held last Aug. 1 at the Newport Performing Arts Theater in Pasay City.

1 min  |

August 04, 2025

Business World Philippines

M&M

All-new BMW M5 and BMW M5 Touring debut in the Philippines

3 min  |

August 04, 2025

Business World Philippines

Miyu Yamashita takes slim lead into final round of Women’s Open

MIYU YAMASHITA of Japan maintained her lead through three rounds of the AIG Women’s Open despite stumbling to a 2-over par 74 on Saturday at Porthcawl, Wales.

1 min  |

August 04, 2025

Business World Philippines

RRHI eyes more PremiumBikes stores nationwide

GOKONGWEI-LED Robinsons Retail Holdings, Inc. (RRHI) said it is looking to further expand its motorcycle dealership business nationwide following its acquisition of Premiumbikes Corp.

1 min  |

August 04, 2025

Business World Philippines

Toyota girds for TGR PHL Cup season finale

THE TOYOTA GAZOO RACING (TGR) Philippine Cup, Toyota Motor Philippines’ (TMP) premier one-make racing series, is set to return to the Clark International Speedway in Mabalacat, Pampanga on Aug. 9 for its third and final race weekend of the 2025 season.

2 min  |

August 04, 2025
Business World Philippines

Business World Philippines

Enhanced MNE graduates complete PSAC-backed program

THE PRIVATE SECTOR Advisory Council - Health Sector (PSAC-Health), in collaboration with the University of the Philippines Manila (UPM) and UP Open University (UPOU), marks a major milestone with the graduation of the first batch of the Enhanced Master's in Nursing Education (enhanced MNE) —an accelerated program initiative addressing the country’s shortage of nurse educators.

1 min  |

August 04, 2025

Business World Philippines

NY Knicks’ Bridges

Mikal Bridges didn’t have to take less. Eligible for a full $156-million extension, he settled for four years and $150 million — with, for some reason, an additional dollar tacked in. It’s more than enough for security, but also modest enough to give the Knicks flexibility in a cap environment increasingly defined by hard choices. In return, he gained a player option in the final year and a trade kicker that acknowledges both his value and his willingness to be moved should the need arise.

1 min  |

August 04, 2025

Business World Philippines

Chile's Codelco suspends El Teniente mine operations for worker rescue

Chilean copper giant Codelco has halted mining at its flagship El Teniente mine and postponed its quarterly results announcement as it continued efforts on Friday to reach five trapped workers following a deadly collapse.

3 min  |

August 04, 2025

Business World Philippines

Government looks to raise P30 billion from RTBs

THE GOVERNMENT is looking to raise at least P30 billion from the sale of its first retail Treasury bond (RTB) offering this year.

3 min  |

August 01, 2025

Business World Philippines

Tanghalang Pilipino wins big at 15th Gawad Buhay Awards

TANGHALANG PILIPINO (TP) emerged as the big winner of the 15th Gawad Buhay Awards, which was held on July 30 at the Aliw Theater.

1 min  |

August 01, 2025

Business World Philippines

Details of PHL-US trade deal still being finalized

THE PHILIPPINES’ reciprocal trade agreement with the US is still being finalized a day before its expected implementation, the Department of Trade and Industry (DTI) said.

3 min  |

August 01, 2025

Business World Philippines

'Nasa likod ninyo ang pamahalaan!'

SIGNS AND WONDERS

7 min  |

August 01, 2025

Business World Philippines

BSP sees July inflation settling at 0.5% to 1.3%

THE BANGKO SENTRAL ng Pilipinas (BSP) on Thursday said it expects headline inflation to settle below 2% in July.

3 min  |

August 01, 2025

Business World Philippines

SSS to hike pensions starting Sept.

THE SOCIAL Security System (SSS) is implementing a landmark pension reform program starting this September, which will gradually increase the monthly pensions of all pensioners over a three-year period.

2 min  |

August 01, 2025

Business World Philippines

VAT filing deadline extended for foreign digital providers

THE Bureau of Internal Revenue (BIR) said it extended the deadline for filing value-added tax (VAT) returns for nonresident digital service providers to Aug. 5.

1 min  |

August 01, 2025

Business World Philippines

How the internet and its bots are sabotaging scientific research

Technology then leapt ahead, in a very short period of time.

3 min  |

August 01, 2025

Business World Philippines

Oil prices rise as investors weigh President Trump’s Russia stance

Oil prices settled 1% higher on Wednesday as investors focused on developments on US President Donald J. Trump’s tighter deadline for Russia to end the war in Ukraine and his tariff threats to countries that trade its oil.

1 min  |

August 01, 2025

Business World Philippines

Peso sinks to P58 level on hawkish Fed

THE PESO plummeted to the P58 level on Thursday, hitting a near six-month low versus the greenback, following hawkish comments from US Federal Reserve Chair Jerome H. Powell that dampened hopes for a September rate cut.

1 min  |

August 01, 2025

Business World Philippines

Israel could open up more industries to OFWs

THE PHILIPPINES and Israel are exploring the expansion of employment opportunities for Filipinos in Israel, the Israeli embassy said in a statement.

1 min  |

August 01, 2025

Business World Philippines

Meralco downgrades energy sales forecast for 2025

POWER DISTRIBUTOR Manila Electric Co. (Meralco) has lowered its energy sales volume forecast for this year due to cooler weather, a company official said.

1 min  |

August 01, 2025
Business World Philippines

Business World Philippines

After Shohei Ohtani leaves mound, Cincinnati Reds down Los Angeles Dodgers

SPENCER STEER broke a tie with a two-run, two-out triple in the eighth inning as the Cincinnati Reds salvaged the finale of a three-game series with a 5-2 win over the visiting Los Angeles Dodgers on Wednesday.

1 min  |

August 01, 2025

Business World Philippines

Meta Platforms shares jump as artificial intelligence fuels advertising sales, outweighing big capital costs

META PLATFORMS forecast third-quarter revenue well above analysts’ estimates on Wednesday, as artificial intelligence (AI) once more powered its core advertising business, sending its shares soaring 11% in extended trading.

3 min  |

August 01, 2025

Business World Philippines

Regulator pushes sustainability reporting for large nonlisted firms

THE Securities and Exchange Commission (SEC) wants large nonlisted entities (LNLs) to adopt sustainability reporting alongside publicly listed companies (PLCs).

2 min  |

August 01, 2025

Business World Philippines

Marcos to undertake first Philippine state visit to India in two decades

PRESIDENT Ferdinand R. Marcos, Jr., will embark on a state visit to India from Aug. 4 to 8, according to India’s Ministry of External Affairs, marking the first visit by a Philippine head of state since 2007.

1 min  |

August 01, 2025

Business World Philippines

Canadaplans to recognize Palestinian state, raising allies’ pressure on Israel

Canada plans to recognize the State of Palestine at a meeting of the United Nations (UN) in September, Prime Minister Mark Carney announced on Wednesday, ratcheting up pressure on Israel as starvation spreads in Gaza.

4 min  |

August 01, 2025