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1853 articles from BusinessWorld
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BusinessWorld
Raslag eyes 2028 start for biggest solar project
LISTED renewable energy developer Raslag Corp. will develop the two phases of its biggest solar project simultaneously as it targets commercial operations by 2028, with the project’s scale posing a financing challenge for the company. “Because of the permitting and everything, it’s better just to do it at one shot. But it poses a challenge […]
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Indonesia’s TransNusa seeks PHL flight permit
INDONESIA’S TransNusa is seeking regulatory approval to operate scheduled international flights to and from the Philippines, according to the Civil Aeronautics Board (CAB). In a notice of hearing dated July 29, the CAB said PT TransNusa Aviation Mandiri had filed a petition for the issuance of a foreign air carrier’s permit to operate scheduled international […]
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Goldilocks eyes up to 100 new stores this year
GOLDILOCKS Bakeshop, Inc., part of the SM Group, is looking to add as many as 100 stores to its Philippine network this year, with its domestic store count expected to approach 1,100 by yearend. “We typically explore opening close to 100 stores per year. But of course, not all of them become executable. So the […]
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CCC, National Youth Commission pilot program to empower young leaders towards transformative climate action
The Climate Change Commission (CCC), in collaboration with the National Youth Commission (NYC), partnered with selected higher education institutions (HEIs) to pilot the Youth Climate Leadership Accelerator Project (Youth CLAP), providing participating students with opportunities to strengthen their climate knowledge, develop leadership skills, and explore practical ways to contribute to a more transformative climate action. […]
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‘Rolling lab’ heads to BRC
LAST WEEKEND, the Toyota Gazoo Racing (TGR) Philippine Cup made its first-ever stop at the Batangas Racing Circuit (BRC). While the facility is smaller compared to the usual haunt of the grassroots race series, the Clark International Speedway, the BRC is considered a more difficult course.
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Chic babies
FASHIONABLE PARENTS now have more options to match with their kids: Kids Around, a French brand, is now in the Philippines. At the Greenbelt 5 store opening on Aug. 11, BusinessWorld saw luxury children’s outfits from Boss, Chloe, the Kids Around brand itself, Givenchy, and Kenzo Kids. The look of the store is a little […]
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InstaPay, PESONet transfers hit P19.16 trillion amid fee waivers
DIGITAL PAYMENTS continued to grow, with recent transfer fee waivers driving transaction volumes in InstaPay and PESONet to more than double as of July, Bangko Sentral ng Pilipinas (BSP) data showed. In the first seven months of the year, the combined value of InstaPay and PESONet transfers amounted to P19.162 trillion, up 44.82% from the […]
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First Gen falls after parent rejects KKR offer
SHARES of Lopez-led First Gen Corp. (FGEN) fell last week as investors took profits after parent First Philippine Holdings Corp. (FPH) rejected a proposal from global investment firm Kohlberg Kravis Roberts & Co. L.P. (KKR) to acquire part of its stake and launch a tender offer for the power producer’s public float. Philippine Stock Exchange […]
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Single-Digit Poverty: Historic milestone, or a trick of the ruler?
A data reality-check on the government’s poverty numbers When the Philippine Statistics Authority (PSA) announced that poverty incidence had fallen to 9.7% in 2025 — the first single-digit reading in the country’s history — the government understandably claimed victory. But layer that headline against the labor market, inflation, and regional data sitting right beside it, […]
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BatStateU opens country’s first Industry-Based Learning engineering campus at LIMA Estate
Batangas State University-The National Engineering University (BatStateU The NEU) formally opened its LIMA Campus on Aug. 17, welcoming over 800 inaugural engineering and technology students to the country’s first campus built around an Industry-Based Learning (IBL) model. Unlike traditional engineering programs that defer practical application to senior-year internships, BatStateU’s IBL framework embeds industry exposure into the […]
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FedEx, JA Philippines name student finalists for regional trade competition in Singapore
Six secondary school students across three teams have been selected to represent the Philippines at the Asia-Pacific regional finals of the 2026 FedEx / Junior Achievement International Trade Challenge (FedEx / JA ITC) in Singapore this August. Now in its 17th year in the country, the program — co-organized by Federal Express Corp. (FedEx) and nonprofit organization […]
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Car Shopping 101
AND SO I COME full circle. Those of you who read the byline, find it familiar but are quite confused, you’ve probably been following the motoring world for quite some time now.
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CLI nears 50,000 homes as regional projects earn top honors
CEBU LANDMASTERS, INC. (CLI) is approaching 50,000 homes, its chief executive officer said after the Visayas-Mindanao developer was named Best Developer at the 14th PropertyGuru Philippines Property Awards. “This is to honor my father (Jose Soberano III). He started CLI [back then] with 200 houses in 2004. We’re now approaching 50,000 houses in a few […]
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GS rates may correct on US move to support bonds
RATES of the government securities (GS) to be offered this week may end mixed amid increased volume as the Treasury is set to auction off cash management bills anew, and with the United States’ effort to support long-dated bonds seen to stem the rise in yields. On Monday, the Bureau of the Treasury (BTr) will […]
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Raise vape taxes to the highest rate possible
On Aug. 11, the tobacco and vape industry showed up in full force at the House Ways and Means Committee hearing deliberating the bills on vape taxes, armed with the same arguments that they have been repackaging for the past few years and have echoed around the world: that taxes on tobacco should be kept […]
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SINAG warns against using weather events as pretext for farm imports
THE Samahang Industriya ng Agrikultura (SINAG) asked the government to increase support for farmers affected by Tropical Cyclones Luis, Maymay, and Neneng, as well as the enhanced southwest monsoon (habagat). SINAG Executive Director Jayson H. Cainglet proposed support for the replanting replant and recover, including the immediate distribution of seed and fingerlings, fertilizer, and other […]
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Cautious trade likely before BSP policy meeting
PHILIPPINE SHARES may move cautiously this week as the market awaits the Bangko Sentral ng Pilipinas’ (BSP) review for clues on its policy direction as the conflict in the Middle East continues to weigh on domestic inflation expectations. On Thursday, the Philippine Stock Exchange index (PSEi) rose by 1.3% or 80.12 points to close at […]
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Analysts warn vs changing 16-vote rule in Duterte impeachment trial
CHANGING the 16-vote threshold for conviction in the impeachment trial could create a dangerous precedent and raise questions about how the constitutional requirement should apply when some senator-judges cannot participate, political analysts said.
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Court should lift wage hike injunction in the absence of bond, labor groups say
THE WRIT blocking Metro Manila’s P60 wage increase should be lifted after the employers who obtained the injunction admitted they could not post the P10-billion bond required by the court, labor leaders said, arguing that the regional trial court (RTC) has no choice but to set aside the writ unless the condition for its issuance is met.
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Analysts question need for economic recovery-focused Senate body
ANALYSTS questioned the need for the Senate’s proposed Reinvigorate Investment and Sustainable Economic Growth (RISE) ad hoc committee, saying its mandate overlaps with existing bodies that already handle economic policy, investment, taxation, trade, infrastructure and public finance.
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Saudel may enter PAR as super typhoon
TYPHOON SAUDEL may enter the Philippine area of responsibility (PAR) as a super typhoon on Monday, while a separate tropical depression near the country’s eastern boundary could also enter the country’s monitoring area, the state weather bureau said. Depending on the movement and intensity of the system, it may enter PAR by Monday morning or […]
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Poverty decline questioned
A LAWMAKER on Sunday slammed the Marcos administration over its presentation of the latest poverty data, questioning the government’s claim of a historic decline in poverty even as more Filipino families reported experiencing hunger and poverty. In a statement, Party-list Rep. Antonio L. Tinio said that the government should not use the Philippine Statistics Authority’s […]
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UNICEF flags lack of child-focused measures in PHL’s crisis response
THE PHILIPPINES has responded to the economic fallout from the Middle East conflict through cash assistance, but the United Nations Children’s Fund (UNICEF) warned that existing measures across the region have yet to specifically address the risks facing children. In its 2026 Asia-Pacific Social Sector Budget and Expenditure Outlook, UNICEF identified the Philippines and Fiji […]
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