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US economy is already on the edge — a prolonged government shutdown could send it tumbling over - BusinessWorld Online
The economic consequences of the current federal government shutdown hinge critically on how long it lasts. If it is resolved quickly, the costs will be small, but if it drags on, it could send the US economy into a tailspin. That’s because the economy is already in a precarious state, with the labor market struggling, […]
Border crossing - BusinessWorld Online
A meeting of two minds and two brands happened at the Mazda Fan Festa MEDIA AND CONTENT creators did a double take at the racers’ briefing for the third leg of the Mazda Fan Festa recently held at the Clark International Speedway in Angeles, Pampanga. From behind, we spotted a familiar man listening intently to […]
Rates of Treasury bills, bonds may be mixed before CPI, BSP - BusinessWorld Online
RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week could be mixed, tracking secondary market movements, before the release of September inflation data and the Bangko Sentral ng Pilipinas’ (BSP) policy meeting. The Bureau of the Treasury (BTr) will auction off P22 billion in T-bills on Monday, or P7.5 billion […]
Economists keep Philippine GDP growth forecasts as corruption allegations unfold - BusinessWorld Online
LOCAL ECONOMISTS kept their growth forecasts for the Philippines unchanged for now, even as a widening corruption scandal weighs on investor sentiment. “We’re keeping an eye on governance issues like corruption because they can affect investor confidence and, ultimately, growth,” Ruben Carlo O. Asuncion, chief economist at Union Bank of the Philippines said in a […]
UK’s Mobilist named cornerstone investor in Maynilad IPO - BusinessWorld Online
MAYNILAD Water Services, Inc. has identified the United Kingdom’s Mobilist program as one of the cornerstone investors in its planned initial public offering (IPO), according to its preliminary prospectus dated Oct. 3. Mobilist, a flagship program of the UK’s Foreign, Commonwealth and Development Office (FCDO), aims to mobilize institutional capital toward sustainable investments in emerging […]
Davao Doctors Hospital (Clinica Hilario), Inc.’s share ‘Buyback Program’ approved by Board of Directors - BusinessWorld Online
Davao Doctors Hospital (Clinica Hilario), Inc.’s share ‘Buyback Program,’ involving up to 25,000 common shares at P5,000 per common share, was approved by its Board of Directors.
Mapúa MCL champions ethical innovation with UNESCO-aligned AI integration in education - BusinessWorld Online
Mapúa Malayan Colleges Laguna (Mapúa MCL) is stepping forward with a clear, strategic response to artificial intelligence (AI) as it continues to transform business, education, and economies worldwide.
Napocor eyes reduced diesel use under new leadership - BusinessWorld Online
STATE-RUN National Power Corp. (Napocor) is seeking to reduce its dependence on diesel as fuel for generation facilities that supply electricity to off-grid areas under its new leadership. “Right now, the instruction is to decrease dependence on diesel fuel because diesel power plants are basically the majority of the Napocor generation facilities. And these generation […]
Ayala Corp. share price down amid macro headwinds - BusinessWorld Online
AYALA CORP. was among the most actively traded stocks last week amid macro headwinds and foreign fund outflows. The holding company was the fifth most actively traded stock, with 2.25 million shares worth P1.09 billion changing hands from Sept. 29 to Oct. 3, data from the Philippine Stock Exchange (PSE) showed. At the end of […]
Government’s debt service bill surges to P665B in August - BusinessWorld Online
THE NATIONAL GOVERNMENT’S (NG) debt service bill soared in August as amortization and interest payments surged, the Bureau of the Treasury (BTr) reported. The latest data from the Treasury showed that the debt service bill more than tripled (256.96%) to P664.72 billion in August from P186.22 billion in the same month last year. Month on […]
ADB’s nuclear gamble is a dangerous climate detour - BusinessWorld Online
The Asian Development Bank (ADB) is preparing to walk back one of its most important energy commitments. In 2021, the Bank pledged not to finance nuclear power, recognizing its steep costs, unresolved waste problems, and catastrophic safety risks. Now, in its 2025 Energy Policy Review, the ADB is considering lifting that ban. This reversal risks […]
Toyota Financial Services launches P2-billion bond offer - BusinessWorld Online
TOYOTA Financial Services Philippines Corp. (TFSPH), the automotive financing and leasing arm of GT Capital Holdings, Inc., has launched its P2-billion maiden bond offering to fund asset growth and diversify its funding sources, the listed conglomerate said on Monday. The bonds will be issued in up to two series: two-year Series A bonds due 2027 […]
PhilRice finds silicon aids in rice crops’ typhoon resilience - BusinessWorld Online
THE Philippine Rice Research Institute (PhilRice) said its researchers have found evidence of silicon helping improve grain yields and quality and linked it to greater resistance to typhoons in standing crops. In a paper, “Silicon Mapping: A Potential Tool to Assess Lodging Resistance of Rice,” a team led by Jan Nico A. Lazaro concluded that […]
CTA denies Ford PHL’s P203-M tax refund claim - BusinessWorld Online
THE COURT of Tax Appeals (CTA) has denied the petition of Ford Group Philippines, Inc. seeking a refund of P202.93 million in alleged excess and unused creditable withholding taxes (CWTs) for 2020, citing the company’s failure to sufficiently prove its entitlement to the refund. In a 26-page decision dated Oct. 1, 2025, the CTA’s Third […]
Central bank’s short-term securities fetch mixed yields, strong demand - BusinessWorld Online
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities ended mixed on Friday, with the offer attracting strong demand even as the auction volume was hiked slightly. The BSP bills fetched bids amounting to P136.913 billion, well above the P110-billion offer and the P86.339 billion in tenders for the P100 billion auctioned off the […]
KMC Solutions opens nominations for third Startup Awards to recognize top emerging businesses - BusinessWorld Online
KMC Solutions has called for nominations for the third KMC Startup Awards, which aims to honor visionary entrepreneurs and groundbreaking businesses that are shaping the future of the Philippines’ business and technology landscape.
MPTC seeks SEC approval for P20-B fixed-rate bond issuance - BusinessWorld Online
METRO Pacific Tollways Corp. (MPTC) is seeking regulatory approval to raise up to P20 billion through a bond issuance to help finance its expressway projects in Luzon and the Visayas. In a statement on Monday, the tollways arm of Metro Pacific Investments Corp. (MPIC) said it has filed a registration statement with the Securities and […]
Razon-led Primelectric names ex-IEMOP chief as new COO - BusinessWorld Online
RAZON-LED Primelectric Holdings, Inc. has appointed former Independent Electricity Market Operator of the Philippines (IEMOP) President and Chief Executive Officer (CEO) Richard J. Nethercott as its chief operations officer (COO). “It is an honor to join Primelectric with the hope of being able to positively contribute to the company’s mission of providing the best quality […]
Drones seen playing key role in rice farming digitalization - BusinessWorld Online
THE Philippine Rice Research Institute said it is expanding its Scaling, Modern, and Adaptive Rice Technologies for Better Rice-Farming Communities (SMART Farm) to use drones to seed and fertilize rice fields. It said the program will also deploy equipment like mechanical transplanters, drum seeders, and precision seeders to help farmers save on labor costs. SMART Farm […]
Debt yields rise as market turns cautious - BusinessWorld Online
YIELDS on government securities (GS) traded in the secondary market mostly climbed last week as the market remained cautious after the US government shut down following lawmakers’ failure to pass a short-term spending plan and before the release of key economic data. GS yields, which move opposite to prices, climbed by an average of 3.29 […]
Philippines to open January rice import window, extend ban through end-2025 - BusinessWorld Online
By Kenneth Christiane L. Basilio The Philippines will implement a one-month rice import window in January next year and reimpose a halt from February to April, as the government extends its rice import ban until end-2025, its Agriculture chief said on Monday, in a plan “more or less” approved by President Ferdinand R. Marcos, Jr. […]
Walking the talk - BusinessWorld Online
AS EVERY wise person will tell you, if you’re looking at getting a new car, actually testing it on the road is the only way to confirm how it will perform as a daily driver. However, when it comes to more rigorous or extreme performance, we usually rely on the manufacturer’s word. In rare cases, we’re actually able to witness extreme tests or be able to drive these cars in various conditions.
BDO Capital keen on financing hydropower, waste-to-energy projects - BusinessWorld Online
BDO CAPITAL and Investment Corp. is expanding its green financing portfolio by backing the country’s first waste-to-energy (WTE) facility and the large-scale hydropower assets set to be turned over by the government, its president said. In an interview last week, BDO Capital President Eduardo V. Francisco said the company is working with the Thunder Consortium […]
DoTr wants commuting public, underrepresented sectors involved in crafting solutions to transport system woes - BusinessWorld Online
The Department of Transportation (DoTr) is readying a directive that will allow the co-designing of a public transport system framework involving various sectors and underrepresented end-users to address the challenges in public commuting and mobility.
St. Luke’s Medical Center certified as the Philippine leader in robotic surgery with 2,500+ procedures completed - BusinessWorld Online
St. Luke’s Medical Center proudly announces the successful completion of over 2,500 robotic surgeries, the highest number of robotic-assisted procedures performed by any hospital in the country.
Fuji-Haya Electric expands to Davao, strengthening presence in Mindanao - BusinessWorld Online
Fuji-Haya Electric Corporation of the Philippines officially opened its doors in Davao City, marking a significant step forward in its mission to bring world-class electrical engineering solutions closer to Mindanao.
InfiniVAN, Japanese parent IPS partner with BCDA in enhancing connectivity through use of Luzon Bypass Infrastructure - BusinessWorld Online
In an effort to deliver secure, reliable, and future-ready connectivity all over the Philippines, telco provider InfiniVAN, Inc. and its Tokyo Stock Exchange (TSE)-listed parent IPS, Inc. officially signed a Memorandum of Understanding (MOU) with the Bases Conversion and Development Authority (BCDA) pertaining to maximizing the use of BCDA’s Luzon Bypass Infrastructure (LBI) at the Embassy of the Republic of the Philippines in Tokyo last Sept. 30.
Huawei launches new series of smartwatches - BusinessWorld Online
HUAWEI Philippines has announced its latest lineup of smartwatches during the Huawei Innovative black tie event held on October 10 at The Fifth at Rockwell events hall in Makati City. The new watches feature premium build quality, the latest smartwatch tech, longer battery life, and advanced health and sports tracking capability. The new smartwatches come […]
US banks expect victory in capital requirements as Trump regulators revamp rules - BusinessWorld Online
WASHINGTON – As President Donald Trump’s regulators revamp bank rules, big lenders expect their capital requirements could fall, in a stunning victory for the industry which faced a big hike under former President Joe Biden, according to senior industry executives. Aiming to cut red tape that Trump’s agency picks say is hurting the US economy, […]
Singapore Airlines eyes passenger growth via virtual travel fair, additional flights - BusinessWorld Online
Singapore Airlines (SIA) said it aims to boost passenger traffic in the Philippines through its online travel fair and additional daily services to Manila. “Transitioning into a virtual travel fair is a very good move for us. It’s a good decision because it provides our customers with convenience and nationwide access,” SIA Head of Marketing […]