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Business World Philippines

Transparency by design: The promise of the CADENA Act

I: a political environment repeatedly shaken by allegations of misuse of funds, overpriced procurements, and questionable projects, a reform bill has emerged that deserves far greater public attention: Senator Bam Aquino’s Citizens’ Access and Disclosure of Expenditures for National Accountability (CADENA) Act.

4 min  |

November 19, 2025

Business World Philippines

Salesforce opens main office in Makati City

AMERICAN cloud software company Salesforce officially opened its main office in Makati City on Tuesday, aiming to support more Philippine businesses in adopting agentic artificial intelligence (AI).

1 min  |

November 19, 2025
Business World Philippines

Business World Philippines

MPTC moves forward with elevated toll road project in Jakarta

METRO PACIFIC Tollways Corp. (MPTC) is advancing plans to build an elevated toll road along the Jakarta Outer Ring Road (JORR), with the company currently in the financial proposal phase of the project.

1 min  |

November 19, 2025

Business World Philippines

Prime Infra appoints new leaders for gas, water businesses

RAZON-LED Prime Infrastructure Capital, Inc. (Prime Infra) has named Jose Victor Emmanuel “Jocot” A. de Dios as president and chief executive officer (CEO) of its gas unit Prime CoreGen, effective Jan. 1, 2026, as the company expands its footprint in the energy sector.

1 min  |

November 19, 2025

Business World Philippines

OpenAI backs startup that focuses on blocking AI-enabled bioweapons

ChatGPT maker OpenAI on Thursday said it will invest in a startup focused on blocking bad actors from creating biological weapons powered by artificial intelligence (AI).

1 min  |

November 19, 2025

Business World Philippines

Vietnam to prosecute journalist for anti-state activities

Police in Vietnam are prosecuting a Berlin-based journalist and news website editor known for critical reports about the leaders of the Southeast Asian nation, accusing him of anti-state activities, authorities said.

1 min  |

November 19, 2025

Business World Philippines

Mavericks’ options

To argue that the Mavericks find themselves in a precarious situation would be to understate the obvious.

2 min  |

November 19, 2025

Business World Philippines

Holiday spending seen lifting banks’ Q4 profits

PHILIPPINE BANKS may post faster earnings growth in the fourth quarter as holiday spending and remittance inflows revive credit demand after a subdued third quarter, according to analysts.

2 min  |

November 18, 2025

Business World Philippines

BDO expects above-industry loan growth

BDO UNIBANK, Inc. expects above-industry loan growth this year despite weakening business sentiment as it looks to expand its lending to middle-market clients.

1 min  |

November 18, 2025

Business World Philippines

Vehicle sales flat in October despite rising EV demand

VEHICLE SALES hit just over 40,000 in October, as rising demand for electric vehicles (EVs) failed to offset the decline in passenger car sales, an industry report showed.

3 min  |

November 18, 2025
Business World Philippines

Business World Philippines

Villar Land appraiser loses SEC accreditation over P1.33-T valuation

THE Securities and Exchange Commission (SEC) has revoked the accreditation of Villar Land Holdings Corp.’s appraiser, E-Value Phils, Inc., for failing to justify its P1.33-trillion valuation of the listed company’s properties.

2 min  |

November 18, 2025

Business World Philippines

T-bills upsized as investors position for rate cut

THE GOVERNMENT increased the volume of Treasury bills awarded on Monday despite softer demand, with mixed yields reflecting expectations of another rate cut by the Bangko Sentral ng Pilipinas (BSP) next month.

2 min  |

November 18, 2025
Business World Philippines

Business World Philippines

Building a culture of honesty, integrity and accountability

Rebuilding from the roots — this advocacy is to implant the culture of honesty and integrity in the hearts and minds of the populace to eradicate the embedded culture of corruption in our beloved country.

4 min  |

November 18, 2025

Business World Philippines

Go named as Finance chief, Recto as executive secretary

PHILIPPINE PRESIDENT Ferdinand R. Marcos, Jr. on Monday appointed Finance Secretary Ralph G. Recto as the new executive secretary and economic czar Frederick D. Go to take over the Finance department, marking the biggest Cabinet shake-up since the eruption of the multibillion-peso flood control scandal.

3 min  |

November 18, 2025

Business World Philippines

7 albums to listen to during a breakup from Lily Allen to Marvin Gaye

LILY ALLEN'S bombshell new album, West-End Girl, has caused a sensation for its depiction of a marriage torn apart. Though the singer has described it as a blend of fact and fiction, fans have taken it to be an account of her breakup with Stranger Things actor David Harbour.

4 min  |

November 18, 2025

Business World Philippines

Most Philippine offices still adopt hybrid work models

THE PHILIPPINE office sector is one of most hybrid work-friendly markets in the Asia-Pacific region, but some firms still face sustainability challenges, according to property consultancy firm Colliers Philippines.

2 min  |

November 18, 2025

Business World Philippines

Cash remittances up 3.7% in Sept.

MONEY SENT HOME by overseas Filipino workers (OFWs) jumped by an annual 3.7% in September, the fastest pace in five months, the Bangko Sentral ng Pilipinas (BSP) said on Monday.

2 min  |

November 18, 2025

Business World Philippines

France nets €9B in new corporate investments despite budget battles

Companies have pledged to invest €9.2 billion ($10.7 billion) in France, the finance ministry said on Monday, as the government seeks to show the euro zone’s second-biggest economy remains a top business destination despite political turmoil.

1 min  |

November 18, 2025

Business World Philippines

Online sellers call DTI trustmark redundant, doubt it deters scams

REDUNDANT government policies are increasing the compliance burden on online sellers as overseas competition intensifies, an industry association said.

1 min  |

November 18, 2025

Business World Philippines

Gold slips as dollar gains; focus on US data for more Fed cues

GOLD prices slipped on Monday, pressured by a stronger dollar as investors waited for a series of US economic data this week that could shed more light on the US Federal Reserve's interest rate path.

1 min  |

November 18, 2025
Business World Philippines

Business World Philippines

SB19, BINI win big at Awit Awards

WHILE Ben&Ben won this year’s top prize, Album of the Year for The Traveller Across Dimensions, at the 38th Awit Awards, it was the P-pop groups SB19 and BINI who took home the most awards. Hosted by MQuest Ventures through TV5’s music program Vibe, the awards ceremony was held on Nov. 16 at the Meralco Theater, Pasig City.

1 min  |

November 18, 2025

Business World Philippines

On excise tax and investment challenges for the Philippines

Two recent reports on public finance leadership caught my attention.

3 min  |

November 18, 2025
Business World Philippines

Business World Philippines

Prime Infra completes P50-B gas asset acquisition from First Gen

RAZON-LED Prime Infrastructure Capi- tal, Inc. (Prime Infra) has completed its ac- quisition of First Gen Corp.’s gas assets in Batangas City for P50 billion.

1 min  |

November 18, 2025

Business World Philippines

MPIC income rises to P23.6B on power, water and hospital gains

PANGILINAN-LED Metro Pacific Investments Corp. (MPIC) reported a 14% increase in consolidated core net income to P23.6 billion for the first nine months, driven by stronger performance across its portfolio.

2 min  |

November 18, 2025

Business World Philippines

S. Korea’s Lee, injured as a child laborer, cracks down on workplace death

South Korean Kim Yong-ho thought he would die within seconds after a 200-kilogram (441-pound) industrial press at a Hyundai Steel plant sprang to life during maintenance and crushed his legs and back.

4 min  |

November 18, 2025

Business World Philippines

CSB guns for quarters slot and twice-to-beat advantage against JRU

COLLEGE of St. Benilde (CSB) eyes an outright quarterfinal slot and a chance to close in on a twice-to-beat quarterfinal incentive as it tackles Jose Rizal University (JRU) on Tuesday in NCAA Season 101 at the Filoil EcoOil Arena.

1 min  |

November 18, 2025

Business World Philippines

SM Prime raises P17B from retail bond offering

SY-LED property developer SM Prime Holdings, Inc. has raised P17 billion from the issuance of fixed-rate retail bonds, which will finance the redevelopment and construction of its flagship malls.

1 min  |

November 18, 2025

Business World Philippines

Marcos faces ‘profound crisis of confidence’ over flood mess, says VP Sara

PRESIDENT Ferdinand R. Marcos, Jr. is grappling with a “profound crisis of confidence” as his administration is shaken by the worsening flood controversy, Vice-President (VP) Sara Duterte-Carpio, who is also facing corruption allegations, said on Monday.

2 min  |

November 18, 2025

Business World Philippines

Sinner wins Alcaraz battle to retain ATP Finals title

Italy’s Jannik Sinner retained his ATP Finals title on Sunday, sending the Turin crowd wild as he battled past Spanish world number one and rival Carlos Alcaraz, 7-6(4), 7-5, in the decider to the season-ending championships.

2 min  |

November 18, 2025
Business World Philippines

Business World Philippines

Del Monte Pacific profit soars on strong sales in PHL, int'l markets

DEL MONTE PACIFIC Ltd. (DELM) said its net profit for the second quarter of fiscal year 2026 surged nearly seven-fold to $16.8 million from $2.3 million a year ago.

1 min  |

November 18, 2025