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Sportscar iconograffiti - BusinessWorld Online
For the first time ever, the Porsche 911 is, gasp, electrified WHEN YOU HAVE such an iconic car in your stable, to engineer its evolution and change is truly a task fraught with peril — mainly coming from purists, pundits, and ardent fans alike. In fact, it can seem, as elucidated by Porsche Asia Pacific […]
RCR climbs after asset infusion news - BusinessWorld Online
INVESTORS flocked to RL Commercial REIT, Inc. (RCR) last week following the announcement of a mall asset infusion from its sponsor worth more than P30 billion via a property-for-share swap. Data from the Philippine Stock Exchange (PSE) showed that the real estate investment trust (REIT) of Robinsons Land Corp. (RLC) was one of the most […]
Inflation likely picked up in June — poll - BusinessWorld Online
HEADLINE INFLATION may have slightly picked up in June as stable food prices helped offset the spike in fuel prices, analysts said. A BusinessWorld poll of 17 analysts yielded a median estimate of 1.5% for June inflation, accelerating from the 1.3% in May but still below the Bangko Sentral ng Pilipinas’ (BSP) 2-4% target range. […]
BSP Survey: Businesses cautiously optimistic in Q2 - BusinessWorld Online
BUSINESS SENTIMENT in the Philippines turned less upbeat in the second quarter amid concerns over the impact of the Trump administration’s tariff policy on the economy, a survey by the Bangko Sentral ng Pilipinas (BSP) showed. Read the full story.
Rural bank submits application for digital banking license — BSP - BusinessWorld Online
A RURAL BANK that wants to convert its existing permit is the second applicant for a digital banking license following the lifting of the moratorium on the entry of new players into the sector, a senior Bangko Sentral ng Pilipinas (BSP) official said. “They (rural bank) are almost done. Maybe within the next two to […]
DTI eyes launch of Tatak Pinoy Strategy before SONA - BusinessWorld Online
THE DEPARTMENT of Trade and Industry (DTI) is aiming to launch the multi-year Tatak Pinoy Strategy before President Ferdinand R. Marcos, Jr.’s State of the Nation Address (SONA) in late July. “It is almost done; we are just fixing a few things, and then we are going to launch that. Actually, I have already tapped […]
Our own luxury brand - BusinessWorld Online
FINO LEATHERWARE was ahead of the game of Filipino cool when it started back in 1992 — that’s a total of 33 years in the industry, manufacturing bags and leather goods that, frankly, can hold their own next to the chicest bags Europe can offer. The brand is distilling more years of cool to come […]
Looking for clarity in the second half of 2025 - BusinessWorld Online
On July 9, the “pause” in the imposition of higher tariffs by the United States is scheduled to expire, although US President Donald Trump just last week said that the deadline could shift. How the tariff numbers eventually shake out matters greatly for three ASEAN countries that are heavily dependent on trade and whose growth […]
September seen as crunch time to resume Brazil chicken imports - BusinessWorld Online
THE Meat Importers and Traders Association (MITA) has asked the government to fast-track the lifting of the import ban on Brazilian poultry after that country was declared free of bird flu MITA President Jesus C. Cham told BusinessWorld that chicken imports from Brazil, a leading supplier of poultry products to the Philippines, should resume before […]
SMGP unit plans 400-MW hydro project in Pangasinan - BusinessWorld Online
SAN ROQUE Hydropower, Inc. (SRHI), a unit of San Miguel Global Power, Inc. (SMGP), is expanding its renewable energy portfolio with a planned 400-megawatt (MW) pumped-storage hydropower project in Pangasinan. In a filing with the Department of Environment and Natural Resources, SRHI said it plans to pursue the San Roque Optimization pumped-storage hydropower project, which […]
Yields on gov’t debt inch lower as Mideast truce eases inflation fears - BusinessWorld Online
YIELDS on government securities (GS) ended mostly lower last week amid easing inflation concerns following the ceasefire between Iran and Israel, although markets remained watchful of developments in the absence of a long-term deal. GS yields, which move opposite to prices, declined by an average of 2.95 basis points (bps) week on week, based on […]
AWS opens applications for 2025 generative AI startup accelerator - BusinessWorld Online
Amazon Web Services, Inc. (AWS) opened applications for the third cohort of the AWS Generative AI Accelerator (GAIA), an eight-week global program designed to scale early-stage startups building foundational generative AI technologies.
T-bill, bond rates may be mixed - BusinessWorld Online
RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week could end mixed as markets remain watchful of developments in the Middle East and signals from the US Federal Reserve on their monetary easing path. The Bureau of the Treasury (BTr) will auction off P25 billion in T-bills on Monday, or […]
DICT's 2 e-government platforms received awards in Singapore - BusinessWorld Online
The Philippine government’s modernization efforts are receiving global recognition at the GovMedia Awards 2025 in Singapore where the eGovPH Super App won the E-Governance Project of the Year and e-Government Data Exchange Platform (eGovDX) as Digital Transformation of the Year. These awards affirm President Ferdinand R. Marcos, Jr.’s vision of bringing government services closer to citizens […]
Trade uncertainty dampens PHL business sentiment - BusinessWorld Online
BUSINESS SENTIMENT in the Philippines turned less upbeat in the second quarter amid concerns over the impact of the Trump administration’s tariff policy on the economy, a survey by the Bangko Sentral ng Pilipinas (BSP) showed. The latest BSP Business Expectations Survey showed the overall confidence index (CI) for businesses declined to 28.8% in the […]
Los Baños laboratory upgraded to increase high-yield planting materials output - BusinessWorld Online
THE Department of Agriculture (DA) said it rehabilitated a tissue culture laboratory in Los Baños, which specializes in high-yielding planting materials. The upgraded lab houses cultures of banana, ube, garlic, white potato, and other high-value crops, the DA said in a statement. “Equipped with modern tools for mass propagation, the facility aims to provide farmers […]
JD Sports, Sandro open 1st stores in PHL - BusinessWorld Online
SSI HAS ADDED two new brands — Sandro and JD Sports — to its portfolio, opening stores for both last week. French brand Sandro, founded in 1984, opened its first store in Manila on June 20, marking a milestone for the brand’s expansion in Southeast Asia. The new Greenbelt 5 store showcases the latest Sandro […]
GT Capital commends FNG’s milestone 100% sale of Riverpark North commercial lots - BusinessWorld Online
GT Capital Holdings, Inc. is pleased to report the highly successful 100% sell-out of commercial lots at Riverpark North in General Trias, Cavite by Federal Land NRE Global, Inc. (FNG) as of May 2025.
Prioritizing prevention through advanced technology - BusinessWorld Online
The World Health Organization, the Organisation for Economic Co-operation and Development, and the World Bank, have consistently emphasized that investing in prevention can yield returns of two to five times per dollar spent, in both reduced healthcare costs and economic losses from people getting sick.
DoF slashes this year’s privatization goal to P5B - BusinessWorld Online
THE DEPARTMENT of Finance (DoF) slashed its privatization goal this year to just P5 billion, amid “slight delays” in selling government properties. Finance Assistant Secretary Karlo Fermin S. Adriano said the DoF has reduced its privatization goal by 95% to P5 billion, from the previous goal of P101 billion. It was aligned to changes to […]
My life (and loves) - BusinessWorld Online
This column is drawn from Walden Bello’s speech at the “Afternoon with Risa and Walden,” the launch of the book Global Battlefields: My Close Encounters with Dictatorship, Capital, Empire, and Love by Walden Bello, published by the Ateneo de Manila University Press, at Corinthian Gardens on May 20. Do not be fooled by the title […]
Century Properties to launch 10 PHirst projects in two years - BusinessWorld Online
LISTED Century Properties Group, Inc. (CPG) plans to launch 10 projects under its first-home residential development segment, PHirst, over the next two years as it expands its nationwide footprint. CPG President and Chief Executive Officer Jose Marco R. Antonio said during the company’s annual stockholders’ meeting last week that the upcoming launches include the company’s […]
PHL's trade gap reaches three-month low in May - BusinessWorld Online
By Matthew Miguel L. Castillo The Philippines’ trade deficit in goods further slimmed to a three-month low in May as exports grew while imports continued to fall, the Philippine Statistics Authority (PSA) reported on Friday. Preliminary data from the PSA showed the country’s balance of trade in goods — the difference between the values of […]
Puregold Channel’s Si Sol at si Luna looks at the realities of dating outside of your generation - BusinessWorld Online
While Puregold Channel’s digital series Si Sol at Si Luna keeps viewers riveted by its soulful storytelling and cinematic touch, fans of romantic dramas are fascinated by how it deals with the complex nature of love and relationships.
Meralco says it upgraded Bulacan substation - BusinessWorld Online
MANILA ELECTRIC CO. (Meralco) said it has upgraded the power transformer bank at its Duhat Substation in Bocaue, Bulacan to improve power quality in the area. In a statement on Thursday, the power distributor said it replaced a 42-year-old transformer with a new 300-megavolt ampere (MVA), 220-kilovolt (kV)–115-kV power transformer equipped with an on-load tap […]
IC chief Regalado named Asian Re chairperson - BusinessWorld Online
INSURANCE COMMISSIONER Reynaldo A. Regalado has been named chairperson of the Asian Reinsurance Corp.’s (Asian Re) management board for a two-year term. Mr. Regalado was elected as chairperson by the Council of Members, while W.M. Vishaka Wanasighe, chairman of the National Insurance Trust Fund Sri Lanka, was elected vice chairperson, the Insurance Commission (IC) said […]
A worker’s odd daily personal rituals - BusinessWorld Online
We have a long-time employee who has an unusual daily prayer habit. Every morning, shortly before he starts working during office hours, he will pray for five minutes before a photo of his mother, who died recently. He says his prayers after lighting two candles beside his mother’s photograph. How do we handle this situation? […]
Strait of Hormuz: No ground for complacency - BusinessWorld Online
It’s not something that responsible governments could simply brush off, that potential violation of the recent ceasefire between Iran and Israel peddled and initially, unilaterally announced by US President Donald Trump. But what do we make of President Ferdinand Marcos, Jr.’s statement reported yesterday about the economic consequences of this military discord and describing them […]