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Corruption as a moral and economic bane

Business World Philippines

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November 26, 2025

A study by S&P Global forecasts that the Philippines will be a trillion-dollar economy by 2033. The ASEAN+3 Regional Economic Outlook 2025 released in October is equally optimistic, projecting 5.6% growth this year and 5.5% next year. Strong domestic consumption and a stable labor market remain the main drivers.

- VICTOR ANDRES C. MANHIT

But are these developments felt by the ordinary Filipino? Do communities share the optimism behind these reports?

Unfortunately not.

At the micro level, Filipinos feel that their lives have not improved. Hunger persists, many still rate themselves poor, and they continue to demand higher wages, stable jobs, and real opportunities. Their most urgent concerns remain economic.

Public frustration intensified in recent months as the flood control scandal dominated the national conversation. Congressional hearings exposed how corruption runs through various levels of government. In the September 2025 Pulse Asia survey, fighting graft surged and is now a close second to concerns about the economy.

Some 97% of Filipinos believe corruption is widespread, while 85% say it worsened over the past three months. Nearly nine in 10 think there is collusion among executive officials, legislators, and contractors in flood control projects.

A Social Weather Stations survey conducted the following month mirrors these sentiments. Eighty three percent say corruption is most rampant at the national level, while 73% in Mega Manila perceive it among high-ranking officials, including cabinet members. Majorities in Metro Manila believe corruption has grown more widespread, and 60% say the government's anti-corruption efforts are ineffective.

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Business World Philippines

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Ayala Land raises P4 billion from block sale of AREIT ahead of asset infusion

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time to read

1 min

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OSAPIEA to disband after Go transfers to DoF

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time to read

1 mins

November 27, 2025

Business World Philippines

Frozen assets linked to flood control scandal reach nearly P12 billion

PRESIDENT Ferdinand R.Marcos, Jr. on Wednesday said more assets linked to the flood control scandal have been frozen, bringing the total so far to around P12 billion.“This is only the start. More assets will be frozen to return the people’s money to them,” Mr, Marcos said in mixed Filipino and English in avideo posted on his Facebook page.

time to read

2 mins

November 27, 2025

Business World Philippines

Security Bank’s sustainability loan disbursements near P100B as of Oct.

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time to read

1 min

November 27, 2025

Business World Philippines

DA probes slow imports of red onions as prices soar past P300 per kilo

THE Department of Agriculture (DA) said it has ordered importers to explain the slow arrival of red onion shipments, warning that unused import permits will be canceled and reallocated as retail prices climbed above P300 per kilo ahead of the holiday season.

time to read

1 mins

November 27, 2025

Business World Philippines

A welcome relief: BIR suspends audit and field audit operations

“We have seen a significant rise in the Bureau of Internal Revenue’s (BIR) revenue collection targets over the years, as the government’s budget requirements continue to grow.

time to read

4 mins

November 27, 2025

Business World Philippines

DHL Summit adds 45 EVs to boost PHL fleet

DHL SUMMIT Solutions, Inc., has added 45 electric vehicles (EV) and prime movers to its fleet, strengthening last-mile delivery operations and advancing sustainability initiatives.

time to read

1 min

November 27, 2025

Business World Philippines

Exit door

MUCH ATTENTION is given to where the entrance to a mall or office is located.

time to read

3 mins

November 27, 2025

Business World Philippines

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PHL manufacturers need to move up the value chain

PHILIPPINE MANUFACTURERS should go up the value chain to produce more globally competitive export products and cater to the country’s growing domestic base amid global disruptions, according to industry stakeholders.

time to read

3 mins

November 27, 2025

Business World Philippines

The coquette has grown up

Lartizan opens new flagship

time to read

1 mins

November 27, 2025

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