Essayer OR - Gratuit
Marcos trust rating dips amid flood scandal; Filipinos doubt ICI probe
Business World Philippines
|October 16, 2025
PRESIDENT Ferdinand R. Marcos, Jr. and Vice-President Sara Duterte-Carpio’s trust ratings fell in September, according to a poll released late on Tuesday, amid a widening corruption scandal involving flood-control projects.
About 43% of Filipinos said they trusted Mr. Marcos, down from 48% in June, according to a statement from policy think tank Stratbase Institute, which commissioned the survey by the Social Weather Stations (SWS).
Ms. Duterte’s trust rating dropped by eight points to 53%, the steepest decline this year, according to the think tank.
“These results reflect a shifting public mood,” Stratbase Institute President Victor Andres C. Manhit said in a statement. “Filipinos are reassessing their confidence in the country’s top leaders.”
SWS interviewed 1,500 Filipinos from Sept. 24 to 30 for the poll, which had an error margin of +3 points.
Mr. Marcos spotlighted a flood control scandal involving billions worth of pesos during his July state of the nation address, bringing the issue to the public that has sparked a political fallout for his administration.
The controversy gripped the flood-prone country, fueling street protests, exposing cracks within the political establishment and has dimmed economic outlook.
Authorities have since formed a fact-finding body to investigate anomalous flood control deals that has summoned key political figures including a former Speaker, senators, congressmen and the government's Budget secretary.
Cette histoire est tirée de l'édition October 16, 2025 de Business World Philippines.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Business World Philippines
Business World Philippines
ASE eyes 26,000-sqm expansion in Philippines
OUTSOURCED semiconductor assembly and test firm ASE Co., Ltd. is planning a 26,000-square-meter (sqm) expansion in the Philippines, the Philippine Economic Zone Authority (PEZA) said on Wednesday, underscoring continued investor interest in the country’s electronics and semiconductor sector.
2 mins
February 05, 2026
Business World Philippines
Social engineering is top cyberthreat for PHL banks
SOCIAL ENGINEERING SCHEMES, such as phishing scams, was the top cyberthreat that affected Philippine banks in the first half of 2025, posing a persistent risk to the country’s digital payments system, the Bangko Sentral ng Pilipinas (BSP) said.
2 mins
February 05, 2026
Business World Philippines
A promising step toward tax audit reform
The Bureau of Internal Revenue (BIR) ended the two-month suspension of tax audit activities after issuing Revenue Memorandum Circular (RMC) No. 8-2026 and Revenue Memorandum Order (RMO) No. 1-2026.
5 mins
February 05, 2026
Business World Philippines
S&P: PHL on track for rating upgrade
THE PHILIPPINES remains on track for a possible credit rating upgrade as improving fiscal and external balances outweigh risks from the government's flood control controversy, Standard & Poor's (S&P) Global Ratings said.
2 mins
February 05, 2026
Business World Philippines
ASEAN trade and China exports dominance
As it is the Chair of the Association of Southeast Asian Nations (ASEAN) this year, the Philippines is hosting many meetings prior to the ASEAN Summit plus related summits with major economies — the US, Canada, Japan, Korea, India, Australia, Russia, the EU, etc. — in November.
3 mins
February 05, 2026
Business World Philippines
Japan, Philippines seal P8.18-B MRT-3 rehab loan
MANILA AND TOKYO on Wednesday signed an P8.18-billion loan agreement to rehabilitate the Metro Rail Transit Line 3 (MRT-3), as the heavily used rail line continues to face technical and operational disruptions.
3 mins
February 05, 2026
Business World Philippines
EastWest Bank eyes broad-based growth as governance concerns affect consumer loan demand
EAST WEST Banking Corp. (EastWest Bank) is looking to expand its other business segments as it expects slower consumer loan demand due to lingering weakness in investor sentiment amid the economic fallout from a corruption scandal.
2 mins
February 05, 2026
Business World Philippines
Excise the rot
It was a sunny morning that working day early in the pandemic.
8 mins
February 05, 2026
Business World Philippines
Philippine garment makers find they can’t quit the US just yet
WHEN US PRESIDENT Donald J. Trump set a 19% tariff on exports from the Philippines last July, its key body representing foreign buyers of apparel including Walmart, Inc. and Neiman Marcus Group LLC pledged to shift gear and focus on other destinations such as the Middle East and Europe.
2 mins
February 05, 2026
Business World Philippines
Tanduay reenters the brandy market with Torres Brandy
TANDUAY is banking on the over 90 years of history of the Spanish brandy they're distributing this year, Torres Brandy.
2 mins
February 05, 2026
Listen
Translate
Change font size
