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Salvador and JRU beat EAC to stay in race for NCAA quarters berth

Business World Philippines

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November 13, 2025

JOSE RIZAL University (JRU) rode on Sean Salvador’s career performance as it repulsed Emilio Aguinaldo College, 69-66, on Wednesday to stay in the race for an outright quarterfinal berth in NCAA Season 101 at the Filoil EcoOil Arena.

Mr. Salvador came off the bench to unleash his best effort to date as he fired 24 points including a pair of clutch free throws that helped seal the JRU Bombers their sixth win against five defeats.

It also pushed JRU half a game closer from catching up with College of St. Benilde and Colegio de San Juan de Letran, which are tied at No. 2 with 6-4 cards in Group B.

San Beda University leads the bracket with a 7-3 slate.

The EAC Generals stumbled to 4-6.

Earlier, Arellano University turned back San Sebastian College-Recoletos, 78-71, to remain at No. 3 in Group A with a 4-6 record.

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Business World Philippines

Aboitiz-led consortium secures PCC nod for CBK hydro acquisition

ABOITIZ-LED Thunder Consortium has secured approval from the Philippine Competition Commission (PCC) for the acquisition of the P36-billion Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant (HEPP) complex in Laguna.

time to read

1 min

December 02, 2025

Business World Philippines

Oil prices rise on OPEC+ output plan, supply worries

Oil prices rose on Monday after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) members reaffirmed a plan to hold output steady, as the Caspian Pipeline Consortium halted exports after a major drone attack and US-Venezuela tensions raised concerns about supply.

time to read

1 mins

December 02, 2025

Business World Philippines

CPG says P1.6-billion Barbados Tower nearly fully taken up

LISTED Century Properties Group, Inc. (CPG) said it has sold 99% of its units in its P1.6-billion Barbados Tower, its third high-rise building within the Azure North Estate in San Fernando, Pampanga, highlighting market demand for family-friendly residential enclaves.

time to read

1 mins

December 02, 2025

Business World Philippines

BSP partners with DICT for digitalization initiatives

THE BANGKO SENTRAL ng Pilipinas (BSP) has signed a memorandum of agreement with the Department of Information and Communications Technology (DICT) to provide infrastructure support for the regulator's digitalization initiatives.

time to read

1 min

December 02, 2025

Business World Philippines

Police comb fire-ravaged Hong Kong apartments; death toll at 146 people

Hong Kong authorities pressed ahead on Monday with combing the remaining apartment towers destroyed by a massive fire at a housing estate that killed at least 146 people and displaced hundreds now adjusting to life in temporary housing.

time to read

2 mins

December 02, 2025

Business World Philippines

Stocks retreat as market eyes Nov. inflation data

PHILIPPINE STOCKS dropped anew on Monday as players cashed in their gains before the release of November inflation data on Friday that could bolster expectations of another rate cut, by the Bangko Sentral ng Pilipinas (BSP) next week.

time to read

2 mins

December 02, 2025

Business World Philippines

Ayala Malls unfazed by slowed consumption, economic risks

AYALA MALLS said it is continuing its expansion plans amid softer consumer sentiment, citing the Philippines' consumption-led economy and the resilience of the retail sector as factors that will help support demand in its malls.

time to read

1 mins

December 02, 2025

Business World Philippines

DBP to ask for dividend, regulatory relief as it seeks to rebuild its capital

THE DEVELOPMENT Bank of the Philippines (DBP) is planning to seek dividend and regulatory relief again from the central bank to rebuild its capital, its top official said.

time to read

2 mins

December 02, 2025

Business World Philippines

Global funds scrutinize Philippine debt after corruption scandal

A NUMBER of asset managers are reviewing their exposure to Philippine government debt earmarked for climate and social objectives, amid concerns they may have inadvertently financed projects under investigation for graft.

time to read

2 mins

December 02, 2025

Business World Philippines

BoI touts transformative potential of investing in clean technologies

INDUSTRIES need to invest in cleaner technologies to unlock potential new markets and create higher-value jobs, the Board of Investments (Bol) said.

time to read

1 mins

December 02, 2025

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