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BusinessWorld
Philippine jobless rate rises to 6%, highest in four years
THE PHILIPPINES’ unemployment rate jumped to the highest in four years in July, as the labor force expanded faster than employment, leaving 3.14 million Filipinos without jobs.
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Filipino students improve PISA scores, but proficiency lags
THE PHILIPPINES saw improved scores for reading, mathematics and science in the latest Programme for International Student Assessment (PISA), but most 15-year-old Filipino students still had below baseline proficiency in all three subjects.
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Philippines’ dollar reserves hit five-month high in August
THE PHILIPPINES’ dollar reserves recovered to a five-month high in August amid higher gold prices and net earnings from its foreign investments, the Bangko Sentral ng Pilipinas (BSP) said.
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Business leaders urged to pivot toward adaptability as ‘flux’ becomes constant
PHILIPPINE BUSINESS leaders must treat economic headwinds as an operating reality rather than a temporary disruption and adopt strategies that can withstand structural shifts, top executives said.
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DHI expects Q4 completion of Tampakan-linked merger
DOMINION Holdings, Inc. (DHI) expects its proposed merger with two companies that collectively hold 100% of the voting rights in Sagittarius Mines, Inc. (SMI), operator of the Tampakan Copper-Gold Project, to be completed by the fourth quarter (Q4), subject to shareholder and regulatory approvals. In its comprehensive corporate disclosure filed on Monday, DHI said the […]
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I&C set to acquire 27% stake in ABS-CBN
PRIVATE investment holding company I&C Holdings Corp. is set to acquire a 27.06% stake in listed media company ABS-CBN Corp. through a P3.5-billion investment, making it the company’s second-largest shareholder. In a comprehensive corporate disclosure filed with the Philippine Stock Exchange (PSE) on Tuesday, ABS-CBN said I&C will subscribe to P3.5 billion worth of shares […]
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Meralco seeks ERC nod for 20-year Cagbalete microgrid service
POWER DISTRIBUTOR Manila Electric Co. (Meralco) is seeking approval from the Energy Regulatory Commission (ERC) to operate as a distribution utility microgrid system provider on Cagbalete Island in Mauban, Quezon, for 20 years. In a filing with the ERC, Meralco sought approval of its microgrid system provider service contract with the National Power Corp. (NPC) […]
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Weak economy to challenge PHL banking sector
PHILIPPINE BANKS should brace for prolonged volatility if the economy fails to regain its footing over the next year, S&P Global Ratings said.
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Uniqlo opens more stores in Philippines
FAST RETAILING Co., Ltd., the operator of Uniqlo, is expanding its Philippine retail network through new store openings and upgrades in provincial markets and transport hubs for the Fall/Winter 2026 season. “Uniqlo continues to strengthen its presence across the Philippines with three new store openings and three expanded stores scheduled for the Fall/Winter 2026 season,” […]
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Reintroducing a Filipino symbol of humor
FOR Ronelson Yadao, artistic director of Alice Reyes Dance Philippines (ARDP), their next production is something regular dance and theater audiences will find different and unexpected — because it will bring Kenkoy, an unusual fictional Filipino character, back into public consciousness.
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Bond yields climb as uncertainty weakens demand for long tenors
THE GOVERNMENT made a partial award of the reissued 10-year Treasury bonds (T-bonds) it offered on Tuesday as yields climbed, with the market unwilling to lock in their cash in longer tenors due to economic risks. The Bureau of the Treasury (BTr) borrowed only P20.701 billion from the bonds, short of the P30-billion target, as […]
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BoI grants registration to P19.82-B SteelAsia Batangas plant
THE Board of Investments (BoI) has granted a Certificate of Registration to SteelAsia Lemery Works, Inc. (SLWI) for its P19.82-billion steel manufacturing facility in Batangas. In a statement on Tuesday, the BoI said the project will be the country’s first manufacturing facility for medium steel sections. The 72-hectare facility will be located in Barangay Mataas […]
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Bank lending growth picks up in July
PHILIPPINE BANKS’ lending to businesses and consumers grew faster in July, mainly driven by loans to residents, preliminary Bangko Sentral ng Pilipinas (BSP) data showed. Universal and commercial banks’ total outstanding loans, net of reverse repurchase agreements, rose by 10.4% year on year to P14.98 trillion at end-July from P13.574 trillion. This picked up from […]
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PHL posts highest mobile broadband cost among emerging digital peers — ESCAP
THE PHILIPPINES posted the highest mobile broadband and voice cost among Asia-Pacific economies classified as emerging digital performers, highlighting an affordability gap as countries prepare for more advanced artificial intelligence (AI)-ready infrastructure, according to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). In its Asia-Pacific Digital Transformation Report 2026, ESCAP […]
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Last Dance presents queer men’s vulnerabilities onstage
A NEW GLIMPSE into a distinctly queer experience will take the stage through an intimate ensemble play titled Last Dance – Hubo’t Hubad, presented by JAPS Collectives and World Theater Productions. The show will run from Sept. 29 to Oct. 29 at the Halxyon Club in Poblacion, Makati City. Written and directed by theater actor, […]
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Peso slips to fresh all-time low on oil surge
THE PESO sank to a new record low against the dollar on Tuesday on investors’ flight to safer assets as the Middle East conflict worsened, causing global oil prices to surge. The currency dropped by 3.9 centavos to close at P62.625 versus the greenback from Monday’s P62.586 finish, data from the Bankers Association of the […]
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CLI to expand Bohol residential footprint with 5.6-hectare Tagbilaran project
LISTED DEVELOPER Cebu Landmasters, Inc. (CLI) is expanding its residential footprint in Bohol with the development of a 5.6-hectare property in Tagbilaran City into a mixed residential community featuring mid-market housing and its first Mirani condominium project in the province. “Bohol continues to show strong potential, and our performance here gives us confidence to deepen […]
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The need for quality work
(Part 1) Despite the falling fertility rate in the Philippines, the number of young people and, therefore, of job seekers, continues to rise. According to the latest data from the Philippine Statistics Authority, the labor force numbered about 51.2 million people in 2025. Over the last several years, the labor force has grown at an […]
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Health maintenance organizations post higher revenues, benefit payouts for the first semester
THE HEALTH maintenance organization (HMO) industry booked higher revenues in the first half of the year backed by growth in membership fee collections, allowing for increased benefit payouts. The Insurance Commission (IC) said HMOs’ combined revenues climbed by 19.99% to P56.433 billion in the six-month period from P47.033 billion last year. Total membership fees collected […]
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Anvaya Cove golf course rises to 15th in Asia
AYALA Land Premier’s Anvaya Cove Golf Course in Morong, Bataan, rose to 15th place in the latest Top 100 Golf Courses in Asia ranking, up from 19th in 2024. Ayala Land Premier said in a statement on Tuesday that the 18-hole, par-72 course also retained its No. 1 ranking in Southeast Asia for the second […]
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How PSEi member stocks performed — September 8, 2026
Here’s a quick glance at how PSEi stocks fared on Tuesday, September 8, 2026.
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NCR board approves fresh P60 wage increase amid Wage Order 27 dispute
THE Regional Tripartite Wages and Productivity Board-National Capital Region (RTWPB-NCR) approved a P60 daily wage increase on Sept. 7, even as the implementation of an earlier P60 tranche under Wage Order No. 27 remains tied up in a legal dispute.
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Pacquiao returns to gov’t as anti-poverty point man
FORMER SENATOR and boxing champ Emmanuel “Manny” D. Pacquiao, Sr. has returned to government service after President Ferdinand R. Marcos, Jr. appointed him secretary and lead convenor of the National Anti-Poverty Commission (NAPC). Mr. Marcos administered Mr. Pacquiao’s oath of office at the Malacañan Palace on Tuesday. The position carries the rank of a Cabinet […]
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