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Business World Philippines

Stocks extend climb as bargain hunting continues

PHILIPPINE STOCKS were up for a second straight day on Wednesday on buying momentum as investors took advantage of lower valuations following the market's sharp drop, with improved sentiment on Wall Street also providing a boost.

2 min  |

March 12, 2026

Business World Philippines

BSP to pause easing as oil shock stokes inflation

THE BANGKO SENTRAL ng Pilipinas (BSP) could pause its easing cycle even as rising cost pressures due to the spike in global oil prices amid the war in Iran are expected to stoke inflation in the near term.

4 min  |

March 12, 2026

Business World Philippines

Higher pass-through charges trigger increase in March power rates

The Manila Electric Company (Meralco) announced today an upward adjustment of PO.6427 per kWh in electricity rates this March, bringing the overall rate for a typical household to P13.8161 per kWh this month from P13.1734 per kWh in February.

3 min  |

March 12, 2026

Business World Philippines

More funding sources being explored for farmer, fisherfolk fuel subsidies

THE Department of Agriculture (DA) said it is studying ways to further fund the fuel subsidies for farmers and fisherfolk due to the continued rise in fuel prices.

1 min  |

March 12, 2026

Business World Philippines

PCIC seeking flood data partners for parametric insurance scheme

THE Philippine Crop Insurance Corp. (PCIC) is looking for partners to provide reliable floodmonitoring data to support its recently launched parametric insurance program for rice farmers.

1 min  |

March 12, 2026

Business World Philippines

FDI inflows hit 5-year low in 2025

Annual foreign direct investments net inflow (FDI, in $ million)

3 min  |

March 12, 2026

Business World Philippines

Philippine pharmaceutical market seen at P759 billion by 2030

THE PHILIPPINE pharmaceutical market is expected to grow to P759 billion by 2030, regulatory and financing barriers seen as the main brake to growth, according to Fitch Solutions unit BMI.

2 min  |

March 12, 2026

Business World Philippines

Glnsure bullish on growth as many GCash users remain uninsured

THE INSURANCE ARM of e-wallet giant GCash is bullish on their growth as a large number of its customers remains uncovered, which they hope to reach via their embedded product offerings.

1 min  |

March 12, 2026

Business World Philippines

PHL infra spending needs to be better distributed, AMRO says

THE PHILIPPINES should direct its infrastructure spending towards less-developed regions, the ASEAN+3 Macroeconomic Research Office (AMRO) said.

1 min  |

March 12, 2026

Business World Philippines

RCBC eyes double-digit card loan growth

RIZAL COMMERCIAL Banking Corp. (RCBC) is targeting double-digit loan growth for its credit cards business as it continues to grow its consumer business.

2 min  |

March 12, 2026
Business World Philippines

Business World Philippines

House OKs bill allowing Marcos to tweak excise tax on fuel on 2nd reading

THE HOUSE of Representatives on Wednesday passed on second reading a bill authorizing President Ferdinand R. Marcos, Jr. to suspend or cut excise taxes on fuel and other petroleum products.

3 min  |

March 12, 2026

Business World Philippines

PHL semiconductor exports may reach $50B this year

PHILIPPINE EXPORT RECEIPTS of semiconductor and electronic products are expected to rise to a record $50 billion this year despite global trade uncertainties and an ongoing conflict in the Middle East, the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) said.

2 min  |

March 12, 2026

Business World Philippines

Peso drops again as Middle East war continues

THE PESO dropped back to the P59 level against the dollar on Wednesday as uncertainty over the Middle East war weighed on sentiment.

1 min  |

March 12, 2026
Business World Philippines

Business World Philippines

Term deposit yields drop as offer sees strong bids

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits slipped on Wednesday as the offer was met with strong demand after it reduced the offer volume.

2 min  |

March 12, 2026

Business World Philippines

FTA talks with EU seen concluding by midyear

THE PHILIPPINES is hoping to conclude negotiations on a free trade agreement (FTA) with the European Union (EU) by the middle of the year, Trade Secretary Ma. Cristina A. Roque said.

1 min  |

March 12, 2026
Business World Philippines

Business World Philippines

Power at 200 meters

Solar panels on rooftops.

4 min  |

March 12, 2026
Business World Philippines

Business World Philippines

Lady Spikers remain unbeaten

Beat the Adamson Lady Falcons in five sets

2 min  |

March 12, 2026

Business World Philippines

GSIS to offer solar panel loans of up to P500,000

THE GOVERNMENT Service Insurance System (GSIS) said on Wednesday it will offer a financing program allowing government employees to finance their solar panel installations.

1 min  |

March 12, 2026

Business World Philippines

PCCI San Juan inducts 2026 officers

THE PHILIPPINE CHAMBER of Commerce and Industry - San Juan City (PCCI San Juan) inducted its 2026 officers and new members, formally installing Philip \"Phil\" Lirag as president as the chamber begins a new leadership term focused on strengthening collaboration within San Juan's business community.

1 min  |

March 12, 2026

Business World Philippines

South Korea finds faulty approvals at airport where Jeju Air plane crashed

South Korea's transport ministry cut construction costs and approved improper airport safety structures for more than two decades, the state auditor said in a report on aviation safety management after a Jeju Air crash that killed 179 people.

1 min  |

March 12, 2026

Business World Philippines

Semirara profit falls 33% on weaker coal, power prices

EARNINGS of Consunji-led Semirara Mining and Power Corp. (SMPC) fell 33% to P13.1 billion, mainly due to weaker coal and electricity prices, lower shipments, and higher production costs.

2 min  |

March 12, 2026

Business World Philippines

First Gen starts construction of 54-MW Batangas solar farm

LOPEZ-LED power producer First Gen Corp. has started construction of a 54-megawatt (MW) solar farm in Batangas, marking the company’s entry into utility-scale solar projects.

1 min  |

March 12, 2026

Business World Philippines

Rio Tinto secures $1.18-B financing for Argentina lithium project

AUSTRALIAN miner Rio Tinto said on Wednesday it had secured a $1175-billion financing package from four international lenders to support development of its Rincon lithium project in Argentina’s Salta province.

1 min  |

March 12, 2026

Business World Philippines

Rockwell, JDN top off Power Plant Mall in Angeles City

ROCKWELL LAND Corp. and Juan D. Nepomuceno (JDN) Realty held a topping-off ceremony for Power Plant Mall Angeles, marking the completion of the mall's structural construction.

1 min  |

March 12, 2026

Business World Philippines

Sugar producers push for biofuels as means of mitigating fuel price volatility

SUGAR MILLERS are urging stronger government support for biofuels, saying bioethanol blending can help cushion the Philippines from volatile global oil prices.

2 min  |

March 12, 2026

Business World Philippines

How Pokémon and Resident Evil rewrote gaming history

IN THE SPACE of just 23 days three decades ago, two initially unassuming releases changed videogames forever.

3 min  |

March 12, 2026

Business World Philippines

Combatants in Mideast war trade more airstrikes as Iran clamps down on dissent

The US and Israel traded airstrikes with Iran’s military across the Middle East as the besieged Tehran government warned its state security forces were ready with “fingers on the trigger” to confront any revival of anti-government protests.

3 min  |

March 12, 2026

Business World Philippines

Sugar slides as Trump predicts Iran war could end soon

Oil prices dive 11% after Trump predicts Mideast de-escalation

1 min  |

March 12, 2026
Business World Philippines

Business World Philippines

Anissa Helou on discovering new flavors in a cuisine she thought she knew

FEW PEOPLE know Lebanese cuisine like Anissa Helou.

5 min  |

March 12, 2026

Business World Philippines

PHINMA swings to loss as property, materials units weaken

PHINMA CORP.

1 min  |

March 12, 2026