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Business World Philippines
Oil prices settle down at 2-week lows on fears of global crude glut
Oil prices fell more than 1% on Wednesday, settling at two-week lows on pressure from concerns of apossible global oil glut, but data showing signs of strong US demand for fuel limited losses.
1 min |
November 07, 2025
Business World Philippines
Smart secures P2-B green loan for 5G network expansion
SMART COMMUNICATIONS, INC,, the wireless arm of PLDT Inc., has obtained its first green loan worth P2 billion from Metropolitan Bank & Trust Co. (Metrobank) to support the expansion ofits fifth-generation (5G) network nationwide.
1 min |
November 07, 2025
Business World Philippines
Copper rises after four days of falls, but China demand worries cap gains
Copper prices rose on Wednesday after four sessions of declines, but gains were capped by a strong dollar, worries about demand in top metals consumer China and easing supply concerns.
1 min |
November 07, 2025
Business World Philippines
DigiPlus profit drops 51% on tighter gaming rules
LISTED DigiPlus Interactive Corp. (PLUS) reported a 51.41% decline in its third-quarter net income to P1.71 billion, citing stricter regulations that prompted e-wallet providers to remove in-app access to licensed online gaming platforms.
1 min |
November 07, 2025
Business World Philippines
Starbucks workers union votes to strike
UNIONIZED Starbucks baristas voted to authorize an open-ended strike ahead of Starbucks’ high-traffic holiday season, announced Starbucks Workers United on Wednesday.
2 min |
November 07, 2025
Business World Philippines
WGM Frayna beats Buyankhishig to remain in title hunt in ASEAN Individual Chess Championships
JANELLE MAE FRAYNA flexed her muscle against youthful Mongolian Batpelden Buyankhishig and hacked out a masterful 38-move victory of Reti encounter to remain in the title hunt in the 6 th ASEAN Individual Chess Championships-Gov. Henry Oaminal Cup at the Misamis Occidental Resort and Aquamarine Park in Ozamiz.
1 min |
November 07, 2025
Business World Philippines
ICTSI income climbs 26% on higher cargo handling and port revenues
RAZON-LED International Container Terminal Services, Inc. (ICTSI) posted a 26.27% rise in third-quarter attributable net income to $267.72 million, supported by higher cargo volumes and improved port revenues.
2 min |
November 07, 2025
Business World Philippines
Price freeze in place for Cebu City, Dinagat until Jan. due to Typhoon Tino
THE Department of Trade and Industry (DTI) said a price freeze will be in place for Cebu City and Dinagat Islands following Typhoon Tino.
1 min |
November 07, 2025
Business World Philippines
Nvidia’s Jensen Huang: ‘China is going to win the Al race’
NVIDIA Chief Executive Officer (CEO) Jensen Huang has warned that China will beat the United States in the artificial intelligence (AI) race, the Financial Times reported on Wednesday.
1 min |
November 07, 2025
Business World Philippines
Benign inflation gives BSP space to cut rates
SLOWER-THAN-EXPECTED October inflation gives the Bangko Sentral ng Pilipinas (BSP) leeway to continue its easing cycle to support the economy, analysts said.
1 min |
November 07, 2025
Business World Philippines
Trump administration has revoked 80,000 non-immigrant visas, US official says
President Donald J. Trump's administration has revoked around 80,000 non-immigrant visas since its inauguration on Jan. 20 for offenses ranging from driving under the influence to assault and theft, a senior State Department official said on Wednesday.
1 min |
November 07, 2025
Business World Philippines
Philippine infrastructure watchdog flags P95-M ‘ghost’ flood project in Bulacan
THE INDEPENDENT Commission for Infrastructure (ICI) on Thursday urged the Ombudsman to file criminal charges over another flood control project in Bulacan that was fully paid for but never built.
1 min |
November 07, 2025
Business World Philippines
Tropang 5G, Hotshots shoot for share of PBA Philippine Cup lead
TNT and Magnolia seek to join Rain or Shine (ROS) atop the PBA Season 50 Philippine Cup against separate foes on Friday and establish a bit more distance from the chase pack in the tight leaderboard.
2 min |
November 07, 2025
Business World Philippines
Starmaker Mr. M signs with MQuest
THE STARMAKER behind many of the country’s iconic artists, Juan “Johnny” L. Manahan, fondly known as Mr. M, officially signed on with MQuest Ventures and MQuest Artists Agency (MQAA) on Thursday.
1 min |
November 07, 2025
Business World Philippines
TESDA scholarship programs not reaching enough workers in poorest regions — PIDS
THE poorest workers are being left behind in the jobs market, even though Technical Education and Skills Development Authority (TESDA) graduates were found to have improved their employability overall, according to a study by the Philippine Institute for Development Studies (PIDS).
1 min |
November 07, 2025
Business World Philippines
Converge income rises to nearly P3B, eyes boost from expansion
CONVERGE ICT Solutions, Inc. is optimistic about ending the year on a positive note as it expects its wholesale business to benefit from the Konektadong Pinoy Act, the company's top official said.
2 min |
November 07, 2025
Business World Philippines
Fourth round of Green Energy Auction awards top 10,159 MW, 96% of target
THE Department of Energy (DoE) said on Thursday that updated totals from the fourth round of the green energy auction (GEA-4) now show awards of 10,195.49 megawatts (MW) worth of projects, or 96% of the installation target.
1 min |
November 07, 2025
Business World Philippines
Alex Eala returns home, eyes gold medal in SEA Games in Thailand
ALEXANDRA “ALEX” EALA has returned base to recharge first before preparing for a far nobler duty with the national team after etching another history for Philippine tennis in the world stage.
2 min |
November 07, 2025
Business World Philippines
Insurers project medical cost growth of 16% in 2025, 2026
INSURERS said the affordability of medical insurance could be at risk with growth in the cost of medical treatment expected to rise 16% in 2025 and 2026.
1 min |
November 07, 2025
Business World Philippines
IV of Spades releases comeback album
FILIPINO POP-ROCK band IV of Spades has dropped their sophomore album, Andalucia, which also serves as their comeback after a six-year hiatus. Ahead of its release, the band held a press conference where they detailed how they got back together to make new music.
1 min |
November 07, 2025
Business World Philippines
Carbon pricing framework seen attracting overseas green funds
LEGISLATION requiring enterprises to draft their own decarbonization plans and establishing a carbon emission pricing framework will help attract more green investment into the country, amember of the House of Representatives said.
2 min |
November 07, 2025
Business World Philippines
Philippines declares national calamity as Typhoon Tino kills more than 100
THE PHILIPPINES declared a state of national calamity after Typhoon Kalmaegi (locally known as Tino) left more than 100 people dead and widespread destruction across the Visayas and Mindanao, with another powerful storm expected to hit within days.
3 min |
November 07, 2025
Business World Philippines
Monde Nissin targets growth in alternative meat segment
LISTED food manufacturer Monde Nissin Corp. is shifting its focus toward expanding its alternative meat business after reporting improved margins and launching a nutrition campaign.
1 min |
November 07, 2025
Business World Philippines
Bill seeks 30% discount for senior PWDs
A BILL that seeks to raise the discount for senior citizens but only for those with disabilities was filed at the House of Representatives last month.
1 min |
November 07, 2025
Business World Philippines
Matsusaka: This P23k/kilo beef literally melts in your mouth
\"WAGYU\" has been thrown about as a buzzword to connote a certain quality of beef, due to the popularity of Kobe beef and its sisters, which includes Matsusaka beef, cows for which are bred in the Matsusaka region.
2 min |
November 06, 2025
Business World Philippines
Mastercard appoints new PHL country head
MASTERCARD has appointed Jason Crasto as its new country manager for the Philippines to lead its business operations.
1 min |
November 06, 2025
Business World Philippines
MVP pushes multisectoral approach to media literacy
THE PHILIPPINES needs a multisectoral approach in advancing media and information literacy (MIL), aimed at shaping informed and critical-thinking Filipinos, media tycoon Manuel V. Pangilinan (MVP) said on Tuesday, amid the growing threat of disinformation in the country.
1 min |
November 06, 2025
Business World Philippines
Corruption unlikely to derail PHL growth — economist
THE PHILIPPINES’ growth goals are unlikely to be hindered by ongoing corruption scandals, an economist said.
2 min |
November 06, 2025
Business World Philippines
Wave of telco investments seen as Konektadong Pinoy IRR finally released
THE Philippines expects a wave of investments in the telecommunications sector, as the government on Wednesday released the implementing rules and regulations (IRR) of its open access law.
3 min |
November 06, 2025
Business World Philippines
Seven-day term deposits fetch lower yields as inflation data bolster easing bets
YIELDS on the Bangko Sentral ng Pilipinas (BSP) seven-day term deposits dropped on Wednesday as the offer drew strong demand on slower-than-expected inflation in October, which could bolster the case for further policy easing.
1 min |