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News
AIA Philippines, BPI AIA launch whole-life plans with guaranteed payouts
54+ min ago (217+ words) AIA PHILIPPINES Life and General Insurance Co., Inc. (AIA Philippines) and its bancassurance arm BPI AIA Life Assurance Corp. (BPI AIA) have launched participating whole-life insurance plans that offer lifetime protection and guaranteed income benefits. The two plans, AIA Platinum…...
SM Warehouses expands footprint with Pasig hub
50+ min ago (368+ words) SM Warehouses, the logistics arm of SM Prime Holdings, Inc., has expanded its industrial property footprint to more than 126,000 square meters (sq.m.) of leasable space after turning over a new 40,000-sq.m. urban distribution hub in Pasig City to logistics partners…...
The Philippines??? stagflation-lite moment
55+ min ago (389+ words) By Benjamin E. Diokno A GRIM WORD is beginning to circulate in discussions of the Philippine economy: stagflation. Strictly speaking, the country is not there. Growth has slowed sharply and inflation remains uncomfortable, but unemployment is not too high and output…...
From coffee to hotpot, brands race to grab a bite of China???s growing burger market
1+ day, 54+ min ago (644+ words) BURGERS are having a moment in China, with budget-conscious diners and smaller households turning the humble sandwich into one of the country’s hottest fast-food battlegrounds, drawing in everyone from global restaurant chains to hotpot operators and coffee brands. Yum China’s…...
AI boom and energy shocks see growth in Southeast Asia bifurcate
1+ day, 14+ hour ago (303+ words) Vietnam retained its crown as Southeast Asia’s fastest-growing major economy in the second quarter, with Thailand the laggard, as tech and energy dictated varied fortunes across the region. Malaysia and Singapore were the second- and third-quickest expanding, helped by robust…...
Misery index eases to three-month low in June
2+ day, 57+ min ago (47+ words) BusinessWorld Online - DoF open to scrapping some taxes August 19, 2026 | 12:34 am - MPIC hesitant on MRT-3 O&M bid August 19, 2026 | 12:05 am - Poet and essayist Marra Lanot, 82 August 19, 2026 | 12:05 am...
AI boom is starting to show in UK economy's performance
6+ day, 12+ hour ago (325+ words) MANCHESTER, England — Britain’s economy is showing the clearest signs yet that it is benefitting from the global artificial intelligence boom, with data on Thursday showing rapid growth in related industries and a surge in computer hardware investment. While the Office…...
Investors worry leaner Fed guidance may come at a price
1+ week, 53+ min ago (778+ words) NEW YORK — Investors are questioning whether US Federal Reserve Chairman Kevin Warsh can successfully unwind decades of communicating its monetary policy intentions without exacting a price from financial markets. While some market participants welcomed recent efforts by the Fed to…...
Big Mac Index: Philippine peso 4th most undervalued in July
1+ week, 1+ day ago (109+ words) BusinessWorld Online In The Economist’s July 2026 Big Mac Index, the Philippine peso was 56% undervalued against the US dollar, making it the fourth-most undervalued currency in the index. A Big Mac cost P169 in the Philippines, compared with $6.22 in the US, implying…...
Peso rebounds vs dollar on expectations of soft US consumer inflation
1+ week, 1+ day ago (492+ words) THE PESO recovered against the dollar on Wednesday on expectations of softer US consumer inflation data that could further temper bets of a US Federal Reserve hike next month. The currency strengthened by eight centavos to close at P61.18 versus the…...