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Philippines Business News
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2370 articles from BusinessWorld
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BusinessWorld
Philippines looking to raise at least P30 billion from new RTB offering
By Aaron Michael C. Sy, Reporter The government is looking to raise at least P30 billion from its…
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Drought, dry spell likely to hit 85 provinces until March 2027 amid El Niño — PAGASA
Up to 85 provinces across the country are expected to be affected by dry conditions, dry spell, and…
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US drafted a memo condemning UK over West Bank sanctions. It was never released
WASHINGTON/JERUSALEM — In early September, US officials in Jerusalem and Washington prepared a draft statement attributed to Secretary…
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Trump plans grand spectacle for Xi as US says trade truce extended
WASHINGTON — US President Donald Trump welcomed Chinese President Xi Jinping to Washington on Wednesday for a three-day…
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AI leaders warn UN of security risks as systems grow more powerful
UNITED NATIONS — The world’s leading artificial intelligence companies warned the United Nations Security Council on Wednesday of…
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S&P, ADB sharply downgrade Philippine growth outlook
By Katherine K. Chan, Reporter and Justine Irish D. Tabile, Senior Reporter S&P GLOBAL RATINGS and the Asian…
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BTr eyes lower volume from potential RTB offer
By Aaron Michael C. Sy, Reporter THE GOVERNMENT is looking to raise less from its planned retail Treasury…
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Diversification is ‘golden rule’ for Philippine energy security — IEA
By Sheldeen Joy Talavera, Reporter JAKARTA — The Philippines must focus on diversifying its energy sources and strengthening…
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IFC eyes P4.4-billion investment in Mynt IPO
THE International Finance Corp. (IFC), the private-sector arm of the World Bank Group, has disclosed a planned P4.4-billion…
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Basic Energy breaks ground on 43.41-MW Cadiz solar project
BASIC ENERGY Corp. has started development of a 43.41-megawatt (MW) solar power project in Cadiz City, Negros Occidental,…
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JFC to sell 11% Highlands Coffee stake for $88M
JOLLIBEE Foods Corp. (JFC) is selling an 11% stake in the holding company of Highlands Coffee to Vietnamese…
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PAL to resume Manila-Dubai flights on Oct. 2
PHILIPPINE AIRLINES (PAL) will resume nonstop flights between Manila and Dubai on Oct. 2, initially operating four times…
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Competitive pricing keeps PHL organizations’ cybersecurity costs low
THE AVERAGE COST of a data breach in Southeast Asia has climbed to $4.12 million, but competitive local…
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SEC orders online lender to halt operations
THE Securities and Exchange Commission (SEC) has ordered CredLadder to stop its lending activities, citing findings that the…
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Term deposit yield up for fifth week on hawkish Fed signals
THE BANGKO SENTRAL ng Pilipinas’ (BSP) term deposits were quoted at a slightly higher average yield on Wednesday…
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Banks warn AI shopping bots raise scam, fraud and data-privacy risks
PARIS — Using artificial intelligence (AI) agents for online shopping could increase the risk of scams, fraud and…
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Filipino folklore takes center stage in DreamWorks’ Forgotten Island film
LOS ANGELES — Oscar-winning R&B singer Gabriella Sarmiento Wilson, professionally known as H.E.R., was transported back to the…
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JTI invests P2.1B in Batangas manufacturing facility
JAPAN Tobacco International (JTI) has invested about P2.1 billion in new tobacco-processing facilities at its manufacturing site in…
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BSP tightens capital, prudential requirements for tech-driven small banks
By Katherine K. Chan, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) is requiring small banks with technology-driven models…
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Beyond ghost projects: Can PPPs change how we pay for flood control?
By Maria Myren S. Solis Garcia BILLIONS OF PESOS have been spent on flood control projects (FCPs), yet…
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HONOR Pad X9b Max now in the Philippines
THE HONOR Pad X9b Max is now available in the Philippines, with prices starting at P19,999. “Designed for…
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Just eight?
New seafood restaurant offers nearly infinite diversity in nearly infinite combinations with its sauces IF YOU look at…
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PH Resorts targets reversing P5.95-B equity deficit within two years
PH RESORTS Group Holdings, Inc. (PHR) is aiming to return to positive stockholders’ equity within two years through…
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