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Tech that empowers: Helping Filipino women thrive through meaningful, responsive digital financial services - BusinessWorld Online
GCash, the Philippines’ leading finance super app and largest cashless ecosystem, continues to showcase the transformative power of digital financial services and technology in the lives of Filipino women nationwide.
Globe Connectivity Visionary Awardee Buds Wenceslao: Elevating urban spaces with digital infrastructure - BusinessWorld Online
As President and CEO of D.M. Wenceslao and Associates, Inc., Wenceslao sees digital infrastructure as an absolute necessity to urban development, as essential as roads and utilities.
IMTAP & PSMEX 2025 kick off with a grand opening ceremony at World Trade Center Manila - BusinessWorld Online
The 2nd International Machinery, Tools & Accessories Philippines (IMTAP 2025) and 3rd Philippine Subcon & Manufacturers Exhibition (PSMEX 2025) officially opened with a well-attended and high-energy ceremony at the Lobby of Hall A, World Trade Center.
ADB eyes additional funding for major PHL infrastructure projects - BusinessWorld Online
MILAN, Italy — The Asian Development Bank (ADB) is eyeing to extend about $4 billion in financing for the Philippines this year, which will fund key infrastructure projects like the Bataan-Cavite Interlink Bridge and Laguna Lakeshore project.
Villar-led Vista Land’s 2024 profit climbs 11% to P9.36B - BusinessWorld Online
VILLAR-LED property developer Vista Land & Lifescapes, Inc. reported an 11% increase in core net income to P9.36 billion in 2024 from P8.45 billion in 2023, driven by higher revenues from real estate sales. In a regulatory filing, the Villar-led property developer said total consolidated revenues rose by 5% to P36.96 billion from P35.16 billion […]
First Gen tapped to energize PSE Tower with renewable power - BusinessWorld Online
THE Philippine Stock Exchange, Inc. (PSE) has tapped Lopez-led energy firm First Gen Corp. to supply renewable energy (RE) for the PSE Tower in Bonifacio Global City. In a media release on Thursday, First Gen announced that the Philippine Stock Exchange at One Bonifacio High Street Condominium Corp. (PSE-OBHS) had renewed its retail electricity supply […]
Cebu Pacific sees stronger 2025 after 68% drop in 2024 profit - BusinessWorld Online
CEBU PACIFIC, operated by Cebu Air, Inc., is optimistic about posting strong results this year, driven by its fleet and network expansion in 2024. “Our work over the past couple of years has positioned Cebu Pacific to take advantage of the Philippine growth story, and we are confident that our airline will continue to reach […]
Lending growth slows in March - BusinessWorld Online
BANK LENDING expanded at its slowest pace in four months in March as loan growth for both production activities and consumers eased, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. Outstanding loans of universal and commercial banks, net of reverse repurchase (RRP) placements with the central bank, rose by 11.8% year on year […]
After May 12: Sitting on our blisters - BusinessWorld Online
Those colorful advisories we often read in social media do make sense when we should consider some guideposts on May 12. For instance, we are given the names of those senators who agreed to defund PhilHealth. Not all of them are running for reelection except for one, the other is giving up her throne in […]
URC posts 2% fall in Q1 net income - BusinessWorld Online
GOKONGWEI-LED Universal Robina Corp. (URC) reported a 2% decline in first-quarter (Q1) net income to P4.3 billion, as last year’s figure was boosted by higher foreign exchange gains. Despite the lower net income, core net income rose by 4% to P4.1 billion because of reduced costs, the company said in a disclosure to the stock […]
BPI Capital recognized for sustainable and innovative finance - BusinessWorld Online
BPI Capital Corporation has been recognized with multiple prestigious awards at The Asset Triple A Sustainable Finance Awards 2025 and the FinanceAsia Achievement Awards 2024, underscoring its leadership in sustainable and innovative financial solutions.
MREIT Q1 income jumps 31%,fueled by new properties - BusinessWorld Online
MREIT, INC. posted a 31% increase in first-quarter (Q1) net income to P963 million, up from P733 million in the same period last year, driven by contributions from recently acquired properties. First-quarter revenues rose by 25% to P1.34 billion, compared with P1.08 billion in the same period in 2024, the real estate investment trust (REIT) […]
OceanaGold PHL Q1 profit falls 36% on lower gold sales - BusinessWorld Online
LISTED OceanaGold Philippines, Inc. (OGP) saw its net income for the first three months drop by 36% to $7.4 million, as revenue decreased primarily due to lower gold sales. The company’s revenue fell by 14% to $79.3 million from $92.1 million a year earlier. “For the first quarter, the company sold 17,800 ounces (oz) of […]
PHL economic growth slows in Q1 - BusinessWorld Online
THE PHILIPPINE ECONOMY grew by a weaker-than-expected 5.4% in the first quarter, reflecting heightened uncertainty arising from the Trump administration’s tariffs. Data from the Philippine Statistics Authority showed that gross domestic product (GDP) expanded by 5.4% in the January-to-March period, sharply slowing from the 5.9% expansion in the same quarter last year. This was also […]
New hire with Latin honors given clerical tasks - BusinessWorld Online
I’m a recent graduate with top honors from a prestigious university. When I was hired by a major corporation, our department head assigned me to work in the back office, encoding and filing documents. After one month, I realized that management was not doing justice to my academic achievements. I’m planning to resign and look […]
Oscar-winner Paul Haggis cleared of sex charges in Italy, lawyers say - BusinessWorld Online
MILAN — An Italian judge has dismissed a case against Oscar-winning screenwriter and director Paul Haggis for alleged rape, his lawyers said on Wednesday. Mr. Haggis, 72, was detained in June 2022 and spent 14 days under house arrest after a British woman accused him of raping her over a two-day period in the southern […]
Catch them while they are young - BusinessWorld Online
ORIGINAL PILIPINO MUSIC (OPM) acts The Itchyworms, Mayonnaise, TONEEJAY, SUD, Ebe Dancel, The Ridleys, Zild, Autotelic, Reese Lansangan, Clara Benin, Minaw, and thesunmanager are the 12 headliners gracing the inaugural Minsan Fest stage this May.
Gov’t urged to make TUPAD a public jobs program - BusinessWorld Online
THE GOVERNMENT needs to convert its displaced-worker aid initiative, known as TUPAD (Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers) into a public jobs program, labor analysts said. Benjamin B. Velasco, an assistant professor at the University of the Philippines Diliman School of Labor and Industrial Relations, said TUPAD needs to become a hiring program providing paid […]
Dollar reserves fall to $104.6B at end-April - BusinessWorld Online
THE Philippines’ dollar reserves declined by 1.9% as of end-April, as the National Government (NG) repaid more foreign debt, the central bank said. Data from the Bangko Sentral ng Pilipinas (BSP) showed gross international reserves (GIR) dropped to $104.6 billion as of end-April from $106.7 billion as of end-March. Year on year, the dollar reserves […]
ACEN posts P1.95-billion income for first quarter - BusinessWorld Online
ACEN Corp. saw a 28.3% drop in its first-quarter (Q1) attributable net income to P1.95 billion, mainly due to weaker power generation and lower spot market prices, the Ayala-led energy company said on Thursday. “ACEN’s first-quarter results reflect some of the challenges of scaling renewables. The company is strengthening its balance sheet with the planned […]
Clash of clans: Dynasties to slug it out in Philippine midterm elections - BusinessWorld Online
ANTONIO A. ROMANO, a 49-year-old taxi driver from Quezon City, is sick and tired of the same familiar names and faces that he sees every time he votes, many of them from well-entrenched political families.
Nickel Asia Q1 profit jumps to P501.03M on higher ore prices, CBNC stake sale - BusinessWorld Online
NICKEL ASIA Corp. (NAC) reported a 148% increase in its first-quarter (Q1) net income to P501.03 million, driven by stronger ore prices and a one-time gain from the sale of its stake in Coral Bay Nickel Corp. (CBNC). In a disclosure on Thursday, NAC said the earnings boost included an P800-million gain from the sale […]
ATRAM Group, UnionBank finalize trust units’ merger, ink partnership - BusinessWorld Online
THE ATR Asset Management Group (ATRAM Group) and Union Bank of the Philippines, Inc. (UnionBank) have sealed the merger of their respective trust units and inked their strategic partnership, with their combined assets amounting to about P470 billion. This follows the Bangko Sentral ng Pilipinas’ (BSP) approval of the merger transactions last month, the companies […]
D&L Q1 net income rises 10% on strong exports - BusinessWorld Online
LISTED D&L Industries, Inc. grew its first-quarter net income by 10% to P681 million from P618 million a year earlier, driven by stronger exports and the continued ramp-up of its Batangas plant operations. Sales during the first quarter rose by 62% to P14.27 billion from P8.83 billion a year ago, the specialty food ingredients and […]
BSP set to ease policy further but may stay cautious as Trump jitters linger - BusinessWorld Online
BENIGN INFLATION gives the Bangko Sentral ng Pilipinas (BSP) room to reduce benchmark interest rates further, but it could stay cautious due to the economic uncertainty caused by the United States’ protectionist policies, analysts said. The slower April inflation print affirms that there is room for further easing, BSP Assistant Governor Zeno R. Abenoja also […]
Cooling inflation to drive demand for loans - BusinessWorld Online
BANK of the Philippine Islands (BPI) expects slower inflation to help drive loan demand as it gives the Bangko Sentral ng Pilipinas (BSP) room to cut benchmark borrowing costs further. “They reported inflation (on Tuesday) at 1.4%. So, that really provides the central bank room to ease monetary policy, which will make consumers a little […]
Business isn’t just about growth — Do you have a scaling mindset? - BusinessWorld Online
If you’ve ever bought anything from Laz Mall or Shopee Mall — and who hasn’t? — you’ve bought from Steve Sy’s Great Deals. Unknown to most, the tech and practical knowhow that moves e-commerce in the Philippines comes from this entrepreneur’s company. Great Deals is involved in everything about e-commerce, from content, online shop creation […]