BusinessWorld

June inflation likely eased for second month in a row — poll

PHILIPPINE INFLATION likely eased for a second straight month to a three-month low in June as lower oil and rice prices ...
BusinessWorld

PEZA approves nearly P16-B investments in June

THE PHILIPPINE Economic Zone Authority (PEZA) approved nearly P16 billion worth of investments in June, mostly projects in export manufacturing and information technology-business process management ...
BusinessWorld

Hospitality turns to domestic MICE as foreign travel slows

THE HOSPITALITY sector is increasingly relying on domestic meetings, incentives, conventions, and exhibitions (MICE) demand as geopolitical tensions and the global energy crisis continue to weigh on ...
BusinessWorld

PHL’s much-reduced GOCC lineup still enmeshed in strategic sectors — OECD

THE PHILIPPINES has seen a sharp decline in the number of its state-owned enterprises (SOEs) over the past decade, though remaining government firms continue to control strategic areas of the economy, ...
BusinessWorld

BoP deficit narrows to $2.1B in April

STEADY INFLOWS from remittances and the services sector despite emerging external pressures helped narrow the Philippines’ balance of payments (BoP) gap to a three-month low in April, Bangko Sentral ...
BusinessWorld

BPO Philippines: Hourly billing in the era of agentic AI is dead. Here’s what replaces it

Agentic AI is now 10x faster and a fraction of the cost of human labor. A billing model built around hours of human time is no longer just inefficient — it is structurally incompatible with the ...
BusinessWorld

Eneos to buy Chevron’s stake in Singapore Refining and other assets for $2.2 billion

ENEOS HOLDINGS said on Thursday it will buy Chevron’s 50% stake in Singapore Refining Company (SRC) and other assets in Southeast Asia and Australia for $2.2 billion. The deal — which includes Chevron ...
BusinessWorld

Oil shocks, uncertainty muddy Philippine inflation forecasts, analysts say

ANALYSTS and economic managers are now finding it harder to precisely measure data in their inflation forecasts as rising uncertainty and the faster-than-usual transmission of oil price shocks ...
BusinessWorld

Oil shock drags Philippine GDP growth to 2.8%

THE Philippine economy grew by a weaker-than-expected 2.8% in the first quarter, the slowest pace since the pandemic, as the fallout from a corruption scandal and soaring oil prices triggered by the ...
BusinessWorld

Cebu Landmasters, Inc. to hold Annual Stockholders Meeting on June 5 via hybrid format

Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by publishing their stories on the BusinessWorld Web site. For ...
BusinessWorld

Unpacking the power bills

The economic turmoil brought about by the ongoing crisis in the Middle East has led to heightened attention to the energy situation of the country. To be sure, our energy security had been precarious ...
BusinessWorld

PSA: 2.58 million Filipinos jobless in March

THE Philippine unemployment rate in March rose to 5%, as the number of jobless Filipinos jumped to 2.58 million amid the oil crisis, the Philippine Statistics Authority (PSA) said. Preliminary results ...