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Business World Philippines - November 25, 2025

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इस अंक में

November 25, 2025

S&P, AMRO cut growth forecasts

S&P GLOBAL RATINGS and the ASEAN+3 Macroeconomic Research Office (AMRO) slashed its Philippine growth projections this year and in 2026, following the slower-thanexpected growth in the third quarter.

4 mins

CIP unit eyes P30.5-B wind power project in Nueva Ecija

DENMARK’S Copenhagen Infrastructure Partners (CIP), a global investor in renewable energy infrastructure, is proposing to build a 300-megawatt (MW) onshore wind farm in Nueva Ecija with an estimated cost of P30.5 billion.

2 mins

BIR suspends all audit operations

THE Bureau of Internal Revenue (BIR) has ordered the immediate suspension of its audit operations, after complaints over the misuse of letters of authority (LOA).

2 mins

Philippines mulls rate cut to spur demand as scandal hits growth

THE PHILIPPINE central bank will consider another reduction in the benchmark interest rate next month to spur demand, its top official said, after the economy was hit by an ongoing corruption scandal.

1 mins

The invoice: How tiny errors sink big VAT claims

In the intricate landscape of Philippine taxation, the Value-Added Tax (VAT) system stands out as one of the most technical and rigorously enforced.

5 mins

Beneficiary registry for P20 rice launched

THE Department of Agriculture (DA) said it launched a digital registry to track beneficiaries of the government's P20-per-kilo rice program.

2 mins

Risks to emerging Asia due to disruptions to trading system described as ‘unprecedented’

CENTRAL BANKS in emerging Asian markets are becoming more susceptible to supply-side shocks, with the region's economies facing \"unprecedented\" risks due to trade uncertainties, the former governor of the Bank of Thailand (BoT) said.

1 mins

Q4 ‘challenging’ unless gov’t acts firmly against corruption

THE fourth quarter will be challenging for businesses unless the government delivers a concrete resolution to the infrastructure corruption scandal, participants at the Management Association of the Philippines (MAP) Annual General Membership Meeting said on Monday.

3 mins

Innovation Council approves procurement, startup reforms

THE National Innovation Council (NIC) approved reforms aimed at modernizing government procurement and innovation projects and easing barriers for enterprises and startups.

1 mins

Meralco eyes up to P30B for distribution projects

POWER DISTRIBUTOR Manila Electric Co. (Meralco) is allocating a capital expenditure (capex) budget of P26 billion to P30 billion for 2026 to fund its distribution projects, its top executive said.

1 mins

NEO targets low-carbon office portfolio amid rising ESG demands

OFFICE DEVELOPER NEO Office PH is seeking to further reduce indirect emissions and waste in its properties as tenant demand for environmentally friendly workspaces grows.

3 mins

Private sector has role in ensuring stability amid political, economic risks — Hans Sy

THE PRIVATE SECTOR has a responsibility to create opportunities, uphold integrity, and support stability amid political and economic risks, SM Prime Holdings, Inc. Executive Committee Chairman Hans T. Sy said.

2 mins

Philippine high-end retail hit by economic, reputational pressures

THE PHILIPPINE high-end retail sector faces headwinds as economic pressures and reputational concerns temper luxury spending, while tourism and holiday bonuses provide some support, analysts said.

2 mins

CLI gets SEC nod for P5-B sustainability bond tranche

CEBU LANDMASTERS, INC. (CLI) has obtained approval from the Securities and Exchange Commission (SEC) to offer up to P5 billion in sustainability-linked bonds, representing the third and final tranche of the company's P15-billion debt securities program.

1 mins

Asian Terminals Q3 income dips on higher expenses

LISTED port operator Asian Terminals, Inc. (ATI) reported a 4.26% decline in third-quarter (Q3) attributable net income to P1.35 billion, citing higher expenses during the period.

1 mins

ENEX gets SEC nod for capital stock increase

ENEX ENERGY CORP., a subsidiary of Ayala-led ACEN Corp., has secured approval from the Securities and Exchange Commission (SEC) to raise its authorized capital stock, enabling the company to access additional funding.

1 mins

Ayala Land targets BPOs, multinational companies for new Nuvali business hub

AYALA LAND, INC. (ALI) aims to attract multinational and business process outsourcing (BPO) companies to Metro Nuvali, which it is developing as its next central business district (CBD) outside Metro Manila.

2 mins

SM Residences to launch luxury village in Susana Heights

SY-LED developer SM Prime Holdings, Inc. is set to unveil a luxury residential village within Susana Heights in Muntinlupa City, as it expands into the high-end residential market.

1 mins

Nexperia chips upended auto supply chains — again

A factory next to a weed-ridden lot in China's industrial south has become a global choke point for automotive chips, upending a sector that just a few years ago swore it wouldn't be caught again by supply-chain disruptions.

4 mins

Freeport Indonesia targets 478,000 tons of copper cathode output next year

Freeport Indonesia plans to produce 478,000 metric tons of copper cathode and 26 tons of gold in 2026, lower than its initial plan due to an ongoing recovery process following a mud flow accident, Chief Executive Officer Tony Wenas said on Monday.

1 mins

Gold bullion prices dip as dollar firms

GOLD prices dropped for a third consecutive session on Monday, as the dollar firmed near six- month highs, while investors awaited more clarity on the US interest rate trajectory.

1 mins

Indonesia’s GoTo nominates Hans Patuwo as new CEO after Patrick Walujo resigns

Indonesian ridehailing firm GoTo said on Monday that Chief Executive Officer (CEO) Patrick Walujo was stepping down and the board had nominated Chief Operating Officer Hans Patuwo as his successor.

1 mins

Asian equity markets rise as traders push up bets of December Federal Reserve rate cut

Global stocks began an event-filled week on the front foot on Monday, as investors took heart from growing expectations of a US Federal Reserve rate cut in December even as policymakers remain divided over such a move.

1 mins

Oil prices barely move as markets weigh Ukraine deal, US rate cut

Oil prices took a breather on Monday after last week's fall of about 3%, as investors weighed the chances for a US rate cut against the prospect of a Russia-Ukraine deal that could free up more Russian supply through an easing of sanctions.

1 mins

Vietnam's industrialization and the Philippines' rule of law challenge

This is my third visit to our neighbor, Vietnam. I am on vacation with some of my former dormmates in UP Narra dormitory four decades ago. We brought our spouses. I even brought my eldest daughter. Special thanks to Pidro Sing for organizing this.

3 mins

The impact of recent developments in AI and their implications for educational policy

In today's \"Knowledge Age,\" human capital, of which knowledge is the major component, has become the most important economic resource, supplanting the traditional factors of production, land, labor, and (physical) capital.

3 mins

When tax audits become extortion: Why the Philippines must fix the LoA system now

ON NOV. 17, during the Senate plenary deliberations on the proposed 2026 national budget, Senate Deputy Majority Leader JV Ejercito sounded the alarm over the alleged \"weaponization\" of Letters of Authority (LoA) by the Bureau of Internal Revenue (BIR), saying the issuance of LoAs is now being used as a tool for corruption.

4 mins

2 pastoral letters 36 years apart show nothing much has changed

In July of the 4 th year of President Corazon \"Cory\" Aquino's term, the Catholic Bishops Conference of the Philippines (CBCP), ordered the reading of the pastoral letter \"Thou Shall Not Steal\" during Sunday Masses in all churches throughout the country.

5 mins

Malaysia says it plans to ban social media for under-16s from 2026

Malaysia plans to ban social media for users under the age of 16 starting from next year, joining a growing list of countries choosing to limit access to digital platforms due to concerns about child safety.

1 mins

Toxic mines put Southeast Asia’s rivers, people at risk

For most of her life, 59-year-old farmer Tip Kamlue has irrigated her fields in northern Thailand with the waters of the Kok River, which flows down from neighboring Myanmar before joining with the Mekong River that cuts through Southeast Asia.

3 mins

EU to urge US to apply more of the July trade deal

European Union (EU) ministers are set to urge top US trade officials on Monday to apply more of the July EU-US trade deal, such as by cutting US tariffs on EU steel and removing them for EU goods such as wine and spirits.

1 mins

US, Ukraine to continue work on ‘refined’ peace plan to end war

The United States and Ukraine were set to continue work on Monday on a plan to end the war with Russia after agreeing to modify an earlier proposal that was widely seen as too favorable to Moscow.

2 mins

Coalition plans second anti-graft rally on Nov. 30

LEADERS of a broad anti-corruption coalition on Monday said their campaign is not meant to destabilize or unseat the Marcos administration, as they announced plans for a second nationwide protest on Nov. 30, Bonifacio Day.

1 mins

Tropical Depression Verbena hits Surigao; wind alerts raised across Philippines

TROPICAL Depression Verbena made landfall in Bayabas, Surigao del Sur on Monday afternoon and was expected to cross Agusan del Norte by early evening, prompting wind alerts across wide areas of the Philippines as it rapidly moved west-northwest, the state weather bureau said.

1 mins

Marcos says 7 people linked to flood control scandal now in state custody

PHILIPPINE President Ferdinand R. Marcos, Jr. said seven people wanted in connection with anomalies in government flood control projects are now under state custody, as his administration seeks to show concrete progress in its widening anti-corruption crackdown.

4 mins

Peso slips vs the dollar on possible yen intervention

THE PESO slipped against the dollar on Monday to track the sideways movement among regional currencies led by the yen amid signals of more proactive intervention from Japanese Prime Minister Sanae Takaichi's administration.

1 mins

Treasury hikes T-bill award as yields end mixed

THE GOVERNMENT upsized the Treasury bills (T-bills) it awarded on Monday, with the tenors fetching mixed yields amid higher demand for longer-tenored investments as players adjust their portfolios before the yearend.

2 mins

BDO looking to issue five-year dollar bonds

BDO UNIBANK, INC. is planning to issue five-year dollar-denominated bonds, it said on Monday.

2 mins

PSEi back above 6,000 mark on rate cut hopes

PHILIPPINE STOCKS closed above the 6,000 mark for the first time in a month as investors took advantage of bargains and with sentiment getting a boost from expectations of further monetary policy support from the Bangko Sentral ng Pilipinas (BSP).

2 mins

AIA Rock ‘n’ Roll Running Series stages its fourth edition

ALMOST 9,000 runners converge at the country’s capital as the world-renowned AIA Rock ‘n’ Roll Running Series stages its fourth edition on Saturday.

2 mins

Four teams clash in pair of NCAA 101 play-in matches

ONE chance.

1 mins

Dallas Cowboys claw back from 14-point deficit to down Eagles

BRANDON AUBREY converted a 42-yard field goal as time expired to lift the Dallas Cowboys to a come-from-behind 24-21 win from a 14-point deficit over the visiting Philadelphia Eagles on Sunday.

1 mins

Petro Gazz eliminates Creamline, advances to PVL Reinforced semis

PETRO GAZZ went to Myla Pablo when it needed her most as it pulled off a 25-23, 25-19, 16-25, 25-14 victory over old rival Creamline on Monday that propelled the former to the semis of the PVL Reinforced Conference at the Smart Araneta Coliseum and the latter to its worst finish.

1 mins

Of useful ghosts and all-girls school

FOR THIS edition of the QCinema International Film Festival, Business-World was able to catch the winning films of two of the festival’s competition categories: Thai film A Useful Ghost by Ratchapoom Boonbunchachoke, winner of Asian Next Wave, and Singaporean film Amoeba by Siyou Tan, winner of New Horizons. The 3rd category, RainbowQC for LGBTQ films was won by Diego Céspedes’ The Mysterious Gaze of the Flamingo.

2 mins

QCinema 2025 and what it means to be a Creative City of Film

THE QCINEMA International Film Festival ended this week, its theme “Film City” celebrating Quezon City’s (QC) recent designation as a UNESCO Creative City of Film.

1 mins

Call My Manager to honor Philippine cinema, showbiz

CELEBRITY EGOS, industry politics, and personal ambitions fuel the cutthroat world of show business, which is the center of the Filipino series Call My Manager.

2 mins

सभी कहानियाँ पढ़ें Business World Philippines

Business World Philippines Description:

प्रकाशक: Philstar-Daily-Inc.

वर्ग: Newspaper

भाषा: English

आवृत्ति: Daily

BusinessWorld, the country’s leading business newspaper represents five decades of professional economic journalism. Founded in 1967 as Business Day, it is Southeast Asia's first daily business newspaper. BusinessWorld considered a standard of fairness, credibility and integrity in the journalistic world. 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.