Abstract: Pheidole schoedli sp.n. is described from North Borneo. The present species seems to be closely related to Pheidole parvicorpus Eguchi, 2001, but is distinguished well from the latter in having the head of the major covered with two types of hairs, the antennal segment X of the major and the minor longer than its width, and other morphological characteristics of the antennal scapes, eyes, and gaster. The species is considered a subterranean ant because (1) the specimens were found in soil samples but not in the litter samples; (2) eyes are extremely reduced and body color is yellowish. Thus, this species and P. parvicorpus, which is also presumably subterranean, are ecologically unique among Bornean Pheidole species.