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Taiwan will not agree to 50-50 chip production deal with US

Business World Philippines

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October 02, 2025

Taiwan will not agree to a deal with the United States for half of all semiconductor production to take place in the country, the island’s top tariff negotiator said on Wednesday after returning home.

US Secretary of Commerce Howard Lutnick told US television network News Nation over the weekend that Washington's pitch to Taiwan would be a 50-50 split in making chips, the vast majority of which are now made on the island.

Taiwan Vice Premier Cheng Li-chiun, who is leading the tariff talks with Washington, told reporters upon getting back to the island that she had not discussed the 50-50 idea suggested by the US during the talks.

Business World Philippines'den DAHA FAZLA HİKAYE

Business World Philippines

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

Business World Philippines

The SM Journey: Why values and ESG+R matter

SM 'was once condemned for cutting down trees in Baguio City. Today, I want to tell you why that was the right decision, and what it taught me about leadership.

time to read

8 mins

December 02, 2025

Business World Philippines

Business World Philippines

ICTSI Brazil unit opens new logistics center

RAZON-LED International Container Terminal Services, Inc. (ICTSI), through its unit in Brazil, has opened a new logistics and industrial center aimed at strengthening connectivity between the Port of Rio de Janeiro and Southern Minas Gerais.

time to read

1 min

December 02, 2025

Business World Philippines

Philippines to miss GDP growth target for 3rd year in a row

THE PHILIPPINES is unlikely to hit even the low end of the government's growth target this year, as bad weather and a corruption scandal weigh on economic activity, Department of Economy, Planning, and Development (DEPDev) said on Monday.

time to read

3 mins

December 02, 2025

Business World Philippines

DEPDev says 3 flagship infrastructure projects completed by yearend

THE PHILIPPINE GOVERNMENT expects to complete three additional infrastructure flagship projects (IFPs) by yearend, the Department of Economy, Planning, and Development (DEPDev) said.

time to read

1 min

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

Manufacturing PMI falls to 4-year low

PHILIPPINE FACTORY ACTIVITY fell sharply in November — the steepest drop in over four years — as output and new orders declined amid weather disruptions.

time to read

4 mins

December 02, 2025

Business World Philippines

Japan's JERA Power

Last week I was one of several media persons who participated in the JERA Familiarization Tour in Japan. JERA is the largest power generation company in the country, producing onethird of the total electricity yearly.

time to read

2 mins

December 02, 2025

Business World Philippines

Business World Philippines

Van Sickle family works wonders for PG Angels

WHEN Petro Gazz (PG) decided at the last minute to tap the husband and wife tandem of Gary and Lisa Van Sickle, parents to its star player Brooke, to handle the PG Angels' coaching reins, there were some uncertainties if it would work or not.

time to read

1 mins

December 02, 2025

Business World Philippines

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

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