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Business World Philippines

Judicial Reform Initiative: celebrating a decade of resolve

This year marks the 10 anniversary of the Judicial Reform Initiative (JRI), a milestone that allows us to reflect on a decade of dedicated effort to strengthen one of the most vital pillars of our democracy: the rule of law.

2 min  |

December 19, 2025
Business World Philippines

Business World Philippines

It ain't over 'til the fat lady sings

For years now, we have written — perhaps too often — about the extraordinary plunder of public money involving politicians, public works engineers and officials, and their collaborating private contractors.

6 min  |

December 19, 2025

Business World Philippines

BPI plans to merge thrift units Banko, Legazpi Savings Bank

BANK of the Philippine Islands (BPI is set to merge its thrift bank subsidiaries BPI Direct BanKo, Inc., A Savings Bank (BanKo) and Legazpi Savings Bank, Inc. (LSB), it said on Thursday.

1 min  |

December 19, 2025

Business World Philippines

Customs chief expects revenue collection to hit P939 billion this year

THE Bureau of Customs (BoC) said revenue collection may come in below target this year due to slower import activity amid the rice import ban and the corruption scandal.

3 min  |

December 19, 2025

Business World Philippines

Warner Bros. Discovery board rejects rival bid from Paramount

Warner Bros. Discovery’s (WBD) board spurned Paramount Skydance’s (PSKY) $108.4-billion hostile takeover bid on Wednesday, calling the offer “illusory” as it accused the studio giant of misleading shareholders about its financing.

4 min  |

December 19, 2025

Business World Philippines

Sun Life Grepa offers new insurance plan

SUN LIFE Grepa Financial, Inc. has launched a new life insurance product that allows customers to tap various investment funds.

1 min  |

December 19, 2025

Business World Philippines

Budget ratification and signing set for Dec. 29

PHILIPPINE LAWMAKERS on Thursday reconciled disagreeing provisions of the proposed P6.793-trillion national budget for 2026, ending Congress’ review of the spending plan marked by one of the most contentious proceedings in recent years amid a corruption scandal over flood control projects.

5 min  |

December 19, 2025

Business World Philippines

Grade 5 PHL students trail Southeast Asian peers in reading, math

GRADE 5 students in the Philippines continue to fall behind most Southeast Asian neighbors in terms of proficiency in reading and mathematics, a learning assessment program by the United Nations Children's Fund (UNICEF) and the Southeast Asian Ministers of Education Organization (SEAMEO) showed.

4 min  |

December 19, 2025
Business World Philippines

Business World Philippines

Wishes for the children

On Christmas week, we pray for love, grace, forgiveness, hope, protection and world peace.

2 min  |

December 19, 2025
Business World Philippines

Business World Philippines

The US needs to welcome immigrants, not demonize them

EVEN for an administration that makes no secret of its antipathy toward immigrants, recent rhetoric from the White House has been alarming and inflammatory — and at odds with reality.

2 min  |

December 19, 2025

Business World Philippines

New vehicle sales down by 8.7% in November

NEW vehicle sales in the Philippines continued to slump in November, amid a double-digit drop in sales of passenger cars, an industry report showed.

3 min  |

December 19, 2025
Business World Philippines

Business World Philippines

Europe's naivety about the China export shock is tragic

EUROPEAN UNION (EU) carmakers like Volkswagen AG got their wish this week when a combustion-engine ban for 2035 onward was effectively abandoned.

2 min  |

December 19, 2025

Business World Philippines

NBA expansion verdict due in 2026

A DECISION on possible NBA expansion is due next year, and Las Vegas and Seattle are at the head of the line should the league open the door to new franchises, commissioner Adam Silver acknowledged on Tuesday.

1 min  |

December 19, 2025

Business World Philippines

PHL may miss green shift gains sans nickel reform

THE Philippines risks missing out on the full economic and social gains from the global green transition if it continues to rely on raw nickel extraction without improving job quality, safety and domestic value creation, according to a research brief released this week by the International Labour Organization (ILO).

1 min  |

December 19, 2025

Business World Philippines

Student-coach Robinson nets another UAAP crown for La Salle

DE LA SALLE University’s (DLSU) author to essaying another UAAP championship wasn’t just a mere coach.

3 min  |

December 19, 2025
Business World Philippines

Business World Philippines

Pag-IBIG Fund, Megawide partnership to build over 7,000 socialized homes

Pag-IBIG Fund has entered into a partnership with Megawide Construction Corp. to accelerate the delivery of 7,143 housing units in medium-rise residential developments under the government's Expanded Pambansang Pabahay para sa Pilipino Program, or Expanded 4PH.

2 min  |

December 19, 2025

Business World Philippines

DA calls boost to road funding ‘game-changing’

THE Department of Agriculture (DA) said the increase in the proposed allocation for farm-to-market roads (FMRs) to P33 billion for 2026 would be a “game-changing investment” in farm productivity.

1 min  |

December 19, 2025
Business World Philippines

Business World Philippines

Trump highlights victories amid sinking approval ratings

In a rare evening address from the White House, US President Donald J. Trump boasted on Wednesday of his accomplishments and blamed his Democratic predecessor for soaring consumer prices as his party braces for a tough midterm election next year.

3 min  |

December 19, 2025

Business World Philippines

Salmon Bank's new promo offers 8% time deposit rate

SALMON BANK (Rural Bank) Inc. announced the launch of its latest offering, “Bank on Eight,” a promotional interest rate of 8% per annum available to clients with Time Deposit placements of at least P1 million for a minimum of one year, starting from Dec. 1, 2025 to June 1, 2026.

1 min  |

December 19, 2025

Business World Philippines

Philodrill seeks new contract to continue petroleum operations in Palawan

UPSTREAM oil and gas firm The Philodrill Corp. is seeking a new government contract to continue and expand its petroleum operations in northwest Palawan following the expiration of its existing service contract.

1 min  |

December 19, 2025

Business World Philippines

Hot air balloons and flying drones

ASIDE from the usual hot air balloons set to fill the skies of New Clark City (NCC), Tarlac, in February of 2026, the 26\" Philippine International Hot Air Balloon Fiesta (PIHABF) is preparing more flying spectacles, like helicopters, kites, radio-controlled aircraft, and even drones.

3 min  |

December 19, 2025
Business World Philippines

Business World Philippines

Aboitiz-led group secures P70-B financing for CBK hydro takeover

AN ABOITIZ-LED consortium has secured loan commitments totaling up to P70 billion from BDO Unibank and Metropolitan Bank & Trust Co. to finance part of its takeover of the Caliraya-Botocan-Kalayaan (CBK) hydro-power facilities in Laguna.

1 min  |

December 19, 2025

Business World Philippines

Marcos vows to press ahead with Philippine military modernization

PHILIPPINE President Ferdinand R. Marcos, Jr. on Thursday said the government would prioritize military modernization, signaling sustained investment in capabilities and logistics to support the Armed Forces of the Philippines’ (AFP) long-term defense posture.

2 min  |

December 19, 2025
Business World Philippines

Business World Philippines

P&G to discontinue select brands in Philippines

CONSUMER GOODS company Procter & Gamble (P&G), the maker of Pampers and Whisper, will discontinue the sale of certain brands in the Philippines to concentrate on its core product lines.

2 min  |

December 19, 2025

Business World Philippines

Stocks go down on profit taking before US data

PHILIPPINE STOCKS retreated anew on Thursday as traders pocketed their profits from the market’s recent climb amid a lack of fresh leads, with investors looking ahead to key US inflation data set for release overnight.

2 min  |

December 19, 2025
Business World Philippines

Business World Philippines

SEC clears CLI rental pool offer for 443 units

THE Securities and Exchange Commission (SEC) has approved Cebu Landmasters, Inc.'s (CLI) rental pool program, allowing the listed property developer to sell units as investment contracts while keeping ownership of the properties.

1 min  |

December 19, 2025

Business World Philippines

PHL raw sugar output seen flat at 2.09 MMT

PHILIPPINE raw sugar production will likely remain flat in marketing year (MY) 2025-2026 at 2.09 million metric tons (MMT), according to the US Department of Agriculture (USDA).

1 min  |

December 19, 2025

Business World Philippines

PlayTime announces new group holding company

PlayTime announces the formation of PlayTime Entertainment, a new group holding company that will guide the organization's expansion across a broader range of entertainment and digital lifestyle sectors.

1 min  |

December 19, 2025

Business World Philippines

BSP to deepen domestic money market amid financial integration

THE BANGKO SENTRAL ng Pilipinas (BSP) is working to strengthen the domestic capital market and promote cross-border payments as financial markets become more integrated.

1 min  |

December 19, 2025

Business World Philippines

Apple opens iPhone to alternative app stores in Japan

Apple on Wednesday said it has opened iPhones to alternative app stores in Japan to comply with new laws aimed at stoking competition in that country’s smartphone market.

1 min  |

December 19, 2025

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