BusinessWorld

BusinessWorld BusinessWorld Insights: Building Sustainable and Inclusive Communities for the Future
July 31, 2024
1 p.m. to 5 p.m. Locsin. in 2015.

REGISTER HERE: https://forms.gle/xxr6w9aKBNJBcEbbA BusinessWorld, the country’s leading business newspaper represents five decades of professional economic journalism. 

This tradition of excellence began when BusinessDay first came off the press on February 27, 1967. In its maiden issue, the paper pledged "competent and responsible reporting of the news." The paper expanded its operations in the

years that followed to keep in step with the growing business community, eventually making BusinessDay Southeast Asia’s first business daily. BusinessDay was considered a standard of fairness, credibility and integrity in the journalistic world. The principles behind the paper’s existence were closely guarded by its publisher/president and editor-in-chief Raul L. At least twice in its history, the paper was able to withstand forces both within and outside the company. First, the martial law years failed to stop its presses. Second, the concept of professional economic journalism refused to die even as a labor problem forced the company to close shop on June 5, 1987. The non-striking workers got together barely a month later to form BusinessWorld Publishing Corporation, ushering in the paper’s rebirth under a new name. This rebirth also saw the full computerization of its production process. Unlike its predecessor, BusinessWorld has had to compete from the very start with other business dailies and several other papers with expanded business sections. But the paper managed to position itself comfortably in the overcrowded industry. Indeed, not all business papers are created equal. Today, the business paper comes out Mondays through Fridays (with a Saturday exclusive online edition) with a national circulation of 151,000 as of 2016. With the paper’s excellent news coverage and style of reporting, a readership survey conducted late last year by an independent research group revealed that subscribers pass their copies on to an average of five other persons. Its subscribers are trendsetters and decision-makers — leaders in business, industry and government, both here and of governments and corporations abroad that are keen on Philippine business updates. General broadsheets included, BusinessWorld ranks fourth in the industry in terms of advertising revenues. This, despite its six days a week frequency compared to the seven days of the other papers. BusinessWorld is now under the Philippine Star Printing Company, Inc (PhilStar) after the group acquired 76.63% shares from Hastings Holdings, Inc. Despite change, BusinessWorld’s success over the years has constantly been anchored on a firm belief that a newspaper is a public trust.

23/07/2024

THE PARTNERSHIP between Sky Cable Corp. and Converge ICT Solutions, Inc. could evolve into a more significant transaction, especially in light of the canceled deal with PLDT Inc., according to some analysts.

https://zurl.co/eexI

MANILA, which remained the third-cheapest prime office market among 23 cities in the APAC region in the second quarter (...
23/07/2024

MANILA, which remained the third-cheapest prime office market among 23 cities in the APAC region in the second quarter (Q2), saw a 3.2% decline in occupancy cost compared with the same period last year, according to real estate consultancy Knight Frank.

https://zurl.co/DZzX

MANILA, which remained the third-cheapest prime office market among 23 cities in the Asia-Pacific (APAC) region in the second quarter (Q2), saw a 3.2% decline in occupancy cost compared with the same period last year, according to real estate consultancy Knight Frank. The average prime office cost i...

Here’s a quick glance at how PSEi stocks fared on Monday, July 22, 2024.https://zurl.co/3VAp
23/07/2024

Here’s a quick glance at how PSEi stocks fared on Monday, July 22, 2024.

https://zurl.co/3VAp

Here’s a quick glance at how PSEi stocks fared on Monday, July 22, 2024.

BYD Davao has established itself in a location where clientele are seen to be “ready” for electric vehicles, which many ...
23/07/2024

BYD Davao has established itself in a location where clientele are seen to be “ready” for electric vehicles, which many car makers and motorists foresee as the future of mobility. Coinciding with ’ new presence in the region is its recent “cornering of 68% of the local EV market,” according to company officials.

BYD DAVAO has established itself in a location where clientele are seen to be “ready” for electric vehicles, which many car makers and motorists foresee as the future of mobility. Coinciding with BYD Cars Philippines’ new presence in the region is its recent “cornering of 68% of the local EV...

THE MONETARY BOARD (MB) has banned a cooperative bank in Bohol from doing business, the Bangko Sentral ng Pilipinas (BSP...
23/07/2024

THE MONETARY BOARD (MB) has banned a cooperative bank in Bohol from doing business, the Bangko Sentral ng Pilipinas (BSP) said.

https://zurl.co/6N69

THE MONETARY BOARD (MB) has banned a cooperative bank in Bohol from doing business, the Bangko Sentral ng Pilipinas (BSP) said. In a circular letter, the central bank said its policy-setting Monetary Board has “decided to prohibit the Cooperative Bank of Bohol from doing business in the Philippine...

GOTYME BANK expects its deposits to hit over P20 billion by yearend as it plans to launch more loan products and add mor...
23/07/2024

GOTYME BANK expects its deposits to hit over P20 billion by yearend as it plans to launch more loan products and add more kiosks, its top official said.

https://zurl.co/Uwg1

GOTYME BANK expects its deposits to hit over P20 billion by yearend as it plans to launch more loan products and add more kiosks, its top official said. “We’ll end up with over P20 billion this year,” GoTyme Bank President and Chief Executive Officer Nathaniel D. Clarke told reporters last wee...

The govt made a full award of the T-bills it offered even as rates continued to inch up as it saw strong demand from the...
23/07/2024

The govt made a full award of the T-bills it offered even as rates continued to inch up as it saw strong demand from the market, with investors looking to lock in high yields before BSP & US Federal Reserve start their respective monetary easing cycles. https://zurl.co/iuAY

THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday even as rates continued to inch up as it saw strong demand from the market, with investors looking to lock in high yields before the Bangko Sentral ng Pilipinas (BSP) and US Federal Reserve start their respective m...

Manila, which remained the 3rd-cheapest prime office market among 23 cities in the Asia-Pacific region in the 2nd quarte...
23/07/2024

Manila, which remained the 3rd-cheapest prime office market among 23 cities in the Asia-Pacific region in the 2nd quarter, saw a 3.2% decline in occupancy cost compared with the same period last year, according to real estate consultancy Knight Frank.

https://zurl.co/XhKT

THE BANGKO SENTRAL ng Pilipinas (BSP) and Bureau of the Treasury (BTr) have launched a fully automated intraday settleme...
23/07/2024

THE BANGKO SENTRAL ng Pilipinas (BSP) and Bureau of the Treasury (BTr) have launched a fully automated intraday settlement facility (ISF) to address timing issues and make transactions for banks more efficient.

https://zurl.co/h6w6

THE BANGKO SENTRAL ng Pilipinas (BSP) and Bureau of the Treasury (BTr) have launched a fully automated intraday settlement facility (ISF) to address timing issues and make transactions for banks more efficient. In a statement on Monday, the central bank said it officially rolled out the automated IS...

THE MONETARY BOARD (MB) has approved $3.9 billion of public sector foreign borrowings in the second quarter, the Bangko ...
23/07/2024

THE MONETARY BOARD (MB) has approved $3.9 billion of public sector foreign borrowings in the second quarter, the Bangko Sentral ng Pilipinas (BSP) said.

https://zurl.co/vvIT

THE MONETARY BOARD (MB) has approved $3.9 billion of public sector foreign borrowings in the second quarter, the Bangko Sentral ng Pilipinas (BSP) said. Approved public sector foreign borrowings were 43% higher than $2.73 billion recorded approvals in the April-to-June period a year ago, the BSP sai...

ABOUT 17.54 million Filipinos were living in poverty in 2023, significantly lower from than the nearly 20 million in 202...
23/07/2024

ABOUT 17.54 million Filipinos were living in poverty in 2023, significantly lower from than the nearly 20 million in 2021, the Philippine Statistics Authority (PSA) reported on Monday.

https://zurl.co/06Mp

ABOUT 17.54 million Filipinos were living in poverty in 2023, significantly lower from than the nearly 20 million in 2021, the Philippine Statistics Authority (PSA) reported on Monday. Based on preliminary results of the PSA’s Family Income and Expenditure Survey (FIES), the poverty incidence amon...

PRESIDENT Ferdinand R. Marcos, Jr. on Monday announced a total ban on all offshore gaming operations in the Philippines,...
23/07/2024

PRESIDENT Ferdinand R. Marcos, Jr. on Monday announced a total ban on all offshore gaming operations in the Philippines, saying these have been linked to illegal activities including money laundering and financial scams.

https://zurl.co/BFQ1

PRESIDENT Ferdinand R. Marcos, Jr. on Monday announced a total ban on all offshore gaming operations in the Philippines, saying these have been linked to illegal activities including money laundering and financial scams.

Joco Comendador, the owner of his self-named business, has been supporting Marikina’s shoemaking industry by employing l...
23/07/2024

Joco Comendador, the owner of his self-named business, has been supporting Marikina’s shoemaking industry by employing local shoemakers and conducting workshops for aspiring artisans since 2018.

Watch: https://zurl.co/5oDy

Joco Comendador, the owner of his self-named business, has been supporting Marikina’s shoemaking industry by employing local shoemakers and conducting worksh...

Data-driven agriculture is a component of smart farming, a management concept that uses advanced technologies (such as d...
23/07/2024

Data-driven agriculture is a component of smart farming, a management concept that uses advanced technologies (such as drones, Internet of Thing sensors, and management information systems) to improve agricultural production.

Farms where the environment is controlled – such as a vertical farm within a container van – are a classic example of a smart farm, according to Elmer P. Dadios, a NAST academician and a consultant for robotics and intelligent systems.

Watch: https://zurl.co/EbQH

Data-driven agriculture is a component of smart farming, a management concept that uses advanced technologies (such as drones, Internet of Thing sensors, and...

OPINION | CrowdStrike’s global outage doesn’t have to be a recurring nightmareBy Parmy Olsonhttps://zurl.co/qDed
22/07/2024

OPINION | CrowdStrike’s global outage doesn’t have to be a recurring nightmare
By Parmy Olson
https://zurl.co/qDed

RUSSIA has designated pianist Evgeny Kissin as a “foreign agent” because of his support for Ukraine and opposition to th...
22/07/2024

RUSSIA has designated pianist Evgeny Kissin as a “foreign agent” because of his support for Ukraine and opposition to the war, state news agency TASS quoted the justice ministry as saying on Friday.

https://zurl.co/9WGa

RUSSIA has designated pianist Evgeny Kissin as a “foreign agent” because of his support for Ukraine and opposition to the war, state news agency TASS quoted the justice ministry as saying on Friday. Moscow-born Mr. Kissin, 52, has won some of Russia’s top artistic awards and is considered one ...

OPINION | The P89.9 billion taken from PhilHealth are member contributions, not government subsidiesBy Juan A. Perez III...
22/07/2024

OPINION | The P89.9 billion taken from PhilHealth are member contributions, not government subsidies
By Juan A. Perez III
https://zurl.co/ug8W

22/07/2024

ITALY’S Competition Authority opened an investigation into some companies controlled by luxury fashion groups Giorgio Armani SpA and LVMH’s Christian Dior over alleged unfair commercial practices.

https://zurl.co/UqhV

President Ferdinand "Bongbong" R. Marcos, Jr. expressed a firm stance on the Philippines' claim to the WPS amidst ongoin...
22/07/2024

President Ferdinand "Bongbong" R. Marcos, Jr. expressed a firm stance on the Philippines' claim to the WPS amidst ongoing negotiations with China aimed at maintaining peace.

The Philippines cannot yield. The Philippines cannot waiver - Marcos

READ: https://zurl.co/YIvR

President Ferdinand “Bongbong” R. Marcos, Jr. expressed a firm stance on the Philippines’ claim to the West Philippine Sea (WPS) amidst ongoing negotiations with China aimed at maintaining peace. “Ang West Philippine Sea ay hindi kathang-isip natin lamang; ito ay atin. At ito ay mananatiling...

Burberry’s new boss Joshua Schulman faces an immediate strategy dilemma. https://zurl.co/ljP3
22/07/2024

Burberry’s new boss Joshua Schulman faces an immediate strategy dilemma.

https://zurl.co/ljP3

PARIS — Burberry’s new boss Joshua Schulman faces an immediate strategy dilemma. Last Monday, the former head of Coach was appointed to replace Jonathan Akeroyd, becoming the fourth chief executive officer (CEO) of the £2.6 billion ($3.36 billion) British fashion house in 10 years. Chairman Ger...

OPINION | Protecting people through researchBy Teodoro B. Padillahttps://zurl.co/y8vI
22/07/2024

OPINION | Protecting people through research
By Teodoro B. Padilla
https://zurl.co/y8vI

THE DISCOUNT shoe brand’s name says it all: pay less. Payless, a leading affordable shoe retailer from Kansas, USA, foun...
22/07/2024

THE DISCOUNT shoe brand’s name says it all: pay less. Payless, a leading affordable shoe retailer from Kansas, USA, founded in 1956, came to the Philippines in 2010.

https://zurl.co/MRVy

THE DISCOUNT shoe brand’s name says it all: pay less. Payless, a leading affordable shoe retailer from Kansas, USA, founded in 1956, came to the Philippines in 2010. After 14 years, the brand unveiled a new store concept at the One Ayala Mall on July 18. Boasting a more industrial look, it joins t...

THE PHILIPPINES and China have agreed on a “provisional arrangement” for resupply missions to Filipino troops stationed ...
22/07/2024

THE PHILIPPINES and China have agreed on a “provisional arrangement” for resupply missions to Filipino troops stationed on grounded vessel at Second Thomas Shoal in the South China Sea, its Department of Foreign Affairs (DFA) said on Sunday. https://zurl.co/zVbq

UNIQLO is trying to make a statement with wide-leg pants, and they did it with a style talk with two stars. https://zurl...
22/07/2024

UNIQLO is trying to make a statement with wide-leg pants, and they did it with a style talk with two stars.

https://zurl.co/IQaJ

UNIQLO is trying to make a statement with wide-leg pants, and they did it with a style talk with two stars. During a July 18 event at the SM Mall of Asia, Uniqlo tapped celebrities Jericho Rosales and Donny Pangilinan to talk about their style preferences, along with stylists Cath Sobrevega and John...

PRESIDENT Marcos, Jr. should push a bill that seeks to do away with the VAT on electricity charges to help lower the cos...
22/07/2024

PRESIDENT Marcos, Jr. should push a bill that seeks to do away with the VAT on electricity charges to help lower the cost of power, which is a major concern of investors, according to the Philippine Chamber of Commerce and Industry (PCCI). https://zurl.co/m0A9

Puma’s Palermo with Rosé, Fendi makes lollipop holders for Chupa Chups, and more in our Style stories.https://zurl.co/ZL...
22/07/2024

Puma’s Palermo with Rosé, Fendi makes lollipop holders for Chupa Chups, and more in our Style stories.

https://zurl.co/ZLTG

PUMA and K-pop star Rosé from South Korean musical quartet BLACKPINK are unveiling their first official campaign.

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