A CONGRESSMAN last week said he’s looking at amending a House bill extending foreign investors’ land lease limits once it’s up for plenary discussion, up to 198 years from the current 99-year proposal ...

DAVAO CITY — Mindanao Development Authority (MinDA) Chair Secretary Leo Tereso A. Magno on Thursday underscored the role of innovation and peace in driving Mindanao’s economic progress. “Mindanao has ...

PHILIPPINE rice imports in 2025 will be driven by the expected decline in the production of palay (unmilled rice) this year, analysts said. “We will have to import more next year to cover up the drop ...

In October, inflation-adjusted wages were 17.6% to 24.8% lower than the current daily minimum wages across the regions in the country. In peso terms, real wages were lower by around P74.04 to P124.54 ...

JOLLIBEE Foods Corp. (JFC) shares fell last week after announcing a S$20.2-million (P892.29 million) transaction to gain full ownership and control of Hong Kong-based dim sum restaurant Tim Ho Wan.

LONDON/UNITED NATIONS — There is a “strong likelihood that famine is imminent in areas” of the northern Gaza Strip, a committee of global food security experts warned, as Israel pursues a military ...

ANKO, the house brand of Kmart Australia, opened its first store in the Philippines in Makati’s Glorietta 2 on Nov. 7. The brand was introduced in 2019 in Kmart-branded stores in Australia and New ...

AS ARTIFICIAL INTELLIGENCE (AI) takes over simple office tasks, coaching and simulation platform Arbolo hopes to upskill information technology-business process management (IT-BPM) workers for more ...

Donald Trump has won in the Nov. 5 general (popular) election for the presidency of the United States of America, to serve a four-year term from 2025 to 2029. He will be proclaimed the 47 th President ...

THE weaker-than-expected economic growth in the third quarter will allow the Bangko Sentral ng Pilipinas (BSP) to continue cutting rates, analysts said, though this outlook is clouded by the Federal ...

THE NATIONAL GOVERNMENT’S (NG) debt service bill declined year on year in September as amortization payments for domestic borrowings slipped, the Bureau of the Treasury (BTr) reported.

BUSINESSWORLD, the country’s oldest business newspaper, was recognized as Business News Source of the Year at the 33rd annual awards of the Economic Journalists Association of the Philippines (EJAP).