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Business World Philippines - November 14, 2025

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I dette nummeret

November 14, 2025

Finance Usec. Mendoza takes over BIR

PRESIDENT Ferdinand R. Marcos, Jr. has appointed Finance Undersecretary Charlito Martin R. Mendoza as the new commissioner of the Bureau of Internal Revenue (BIR), replacing Romeo D. Lumagui, Jr., as the agency struggles to meet its 2025 revenue collection target.

2 mins

SEIPI urges gov't to help sector as it loses competitiveness

THE Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) is seeking government support for the sector as it loses its competitiveness amid new US trade deals with Southeast Asian neighbors.

1 mins

Marcos vows to ramp up spending

PHILIPPINE President Ferdinand R. Marcos, Jr. on Thursday pledged to ramp up government spending in the fourth quarter, as a corruption scandal contributed to weaker-than-expected growth in the third quarter.

3 mins

Approved investment pledges plunge 49% in Q3

APPROVED foreign investment pledges plunged nearly 50% in the third quarter as investor sentiment soured due to the corruption scandal involving government infrastructure projects, the local statistics agency said.

2 mins

DBCC expecting debt-to-GDP ratio of 63% in 2025, Senate plenary told

DEBT as a share of gross domestic product (GDP) could come in at 63% by yearend following the growth slowdown in the third quarter, a senior legislator said, citing projections by the Development Budget Coordination Committee (DBCC).

1 mins

Palay farmgate price falls 22.7% in Oct. despite ban on rice imports

THE average farmgate price of dry palay (unmilled rice) fell 22.7% year on year in October to an average of P15.89 per kilo, the Philippine Statistics Authority (PSA) said ina preliminary report.

2 mins

Gatchalian sees farm output growing 3% in 2025

AGRICULTURAL OUTPUT is expected to grow by 3% in 2025, a senator said at a plenary budget debate on Thursday, with the farm industry shrugging off a series of late-year calamities.

1 mins

Charoen Pokphand to build hog, feed production facilities for $1B

THE Department of Agriculture (DA) said the Philippine unit of Thailand’s Charoen Pokphand Foods (CPF) is planning to build agro-industrial complexes for $1 billion, geared towards restoring the hog industry to pre-African Swine Fever (ASF) levels by 2028.

1 mins

Crop damage due to typhoons hits P744M

DAMAGE to agriculture caused by Super Typhoon Uwan (international name: Fung-wong) and Typhoon Tino (Kalmaegi) hit P743.83 million, according to the Department of Agriculture (DA).

1 mins

Lack of credit access stalls MSME growth — ADB

MICRO, small and medium enterprise (MSME) growth has stalled due to continued difficulties accessing credit, the Asian Development Bank (ADB) said.

1 mins

Gov’t warned investments will dry up if corruption not acted on

THE corruption scandal engulfing the infrastructure industry is expected to deter investments if the government does not prosecute those involved and follow up with reforms.

2 mins

Villar Land sets final property fair value at P52.74B, down from P1.33T

VILLAR LAND Holdings Corp. has set the final audited fair value of its newly acquired properties at P52.74 billion, according to its 2024 annual report filed with the Securities and Exchange Commission (SEC), sharply lower than an earlier estimate of P1.38 trillion that drew regulatory scrutiny.

2 mins

Maynilad posts P3.9-B Q3 net income, up 16% on higher revenues

FOLLOWING its stock market debut, Maynilad Water Services, Inc. reported a 16% increase in third-quarter (Q3) net income to P3.9 billion, driven by higher revenues.

2 mins

ACEN Corp. plans over P80-billion capex for 2026

ACEN CORP, the listed energy platform of the Ayala group, plans to allocate more than P80 billion in capital expenditures (capex) next year to fund large-scale projects both in the Philippines and abroad, as the company continues its expansion in the renewable energy sector.

1 mins

MPIC, Villar group in initial talks for PrimeWater deal

Metro Pacific Investments Corp. (MPIC) has started evaluating the potential acquisition of Villar-led PrimeWater Infrastructure Corp., as it reviews the company’s operations and financials.

2 mins

Ayala Corp. Q3 income nearly doubles to P22.91 billion

AYALA CORP. booked a 96.16% increase in its third-quarter (Q3) attributable net income to P22.91 billion, up from P11.68 billion a year earlier.

1 mins

Waymo launches robotaxi freeway service in San Francisco, LA and Phoenix

ALPHABET’S Waymo said on Wednesday it will begin offering robotaxi rides that use freeways across San Francisco, Los Angeles (LA), and Phoenix, as it steps up expansion amid competition in the self-driving industry.

1 mins

Artificial intelligence firm OpenAI fights order to turn over millions of ChatGPT conversations

OPENAI asked a federal judge in New York on Wednesday to reverse an order that required it to turn over 20 million anonymized ChatGPT chat logs amid a copyright infringement lawsuit by the New York Times and other news outlets, saying it would expose users’ private conversations.

1 mins

JG Summit Q3 core profit climbs to P4.6 billion on airline, real estate gains

JG SUMMIT Holdings, Inc. posted a core net income of P4.6 billion for the third quarter (Q3), up from P2.1 billion a year earlier, supported by gains in its airline, real estate, and food businesses, as well as reduced losses from its idle petrochemical plant.

2 mins

US planemaker Boeing ordered to pay more than $28 million to 737 MAX jet crash victim’s family

A jury in federal court in Chicago ordered Boeing on Wednesday to pay more than $28 million to the family of a United Nations environmental worker who was killed in the 2019 crash of a 737 MAX jet in Ethiopia.

1 mins

Indonesian government backs planned merger of Grab, GoTo

The Indonesian government fully backs a possible merger between ride-hailing and food delivery firm GoTo and Singapore-based rival Grab after initially opposing a deal, two sources with knowledge of the matter said on Wednesday.

1 mins

What today's Daniel would see on the wall

The Philippine Statistics Authority (PSA) has confirmed what many had feared all along: the Philippine economy is losing steam.

5 mins

At COP11, the Philippines must promote health and stop carrying the tobacco industry's agenda

AS COUNTRIES gather in Geneva for the 11\" session of the Conference of Parties (COP11) to the World Health Organization (WHO) Framework Convention on Tobacco Control (FCTC) on Nov. 17 to 22, this question looms large: Will the Philippines stand firm to protect public health or will it protect the tobacco industry? If history is any indication, there are grave concerns that tobacco industry influence may again overshadow the nation’s public health commitments.

3 mins

Ancestral domain titles: The missing link in the carbon market

AS TYPHOONS grow stronger and floods become deadlier, the Philippines faces a stark reality: climate change is no longer a distant threat, but a present crisis. Yet amid the devastation lies an untapped solution — carbon projects rooted in ancestral domains.

5 mins

Measuring poverty in the age of climate change

HOW we understand and measure poverty has evolved. From early income-based definitions, Nobel laureate Amartya Sen’s “capability approach” in the 1980s broadened the concept, viewing poverty not just as a lack of income but as the absence of basic opportunities and freedoms.

3 mins

Holiday test looms as luxury brands chase elusive rebound

A surge in luxury stocks has piled pressure on fashion houses _ including LVMH and Gucci owner Kering to show that signs of recovery in the third quarter can translate into a sustained turnaround in the key holiday season.

2 mins

Trump signs deal to end longest US gov’t shutdown in history

President Donald J. Trump on Wednesday signed legislation ending the longest government shutdown in US history, hours after the House of Representatives voted to restart disrupted food assistance, pay hundreds of thousands of federal workers and revive a hobbled air-traffic control system.

2 mins

Managing difficult employees

My longtime worker has turned difficult, absenting himself on critical days, missing out on a routine task that must be delivered every Monday. Due to his frequent absences, I'm forced to do it alone, or with the help of others who must work overtime. I feel he’s trying to sabotage our work. What’s the cure? — Fat Cat.

3 mins

Cautious consumption seen weakening seasonal hiring

SLOW AND UNEVEN government aid after recent typhoons could dampen fourth-quarter growth as households curb holiday spending following the hit to their incomes and job opportunities, analysts said.

4 mins

PHL finalizes trade pact with UAE, awaits signing

THE Philippines and the United Arab Emirates (UAE) have concluded negotiations for a free trade agreement (FTA) and are awaiting its formal signing, a Philippine trade official said on Tuesday, as the Southeast Asian nation looks to diversify its trade ties in the face of rising US protectionism.

1 mins

Marcos vows to jail personalities in flood mess before Christmas

PRESIDENT Ferdinand R. Marcos, Jr.on Thursday vowed to jail those implicated in the multibillion-peso flood control scandal before Christmas, as his administration moves to restore public trust and enforce accountability in government infrastructure projects.

1 mins

Enrile, martial law supervisor, dies at 101

JUAN VALENTIN F. PONCE ENRILE, SR., who helped overthrow the late Philippine President Ferdinand E. Marcos, Sr. in 1986 after serving as his martial law administrator, has died. He was 101.

3 mins

ICI to refer cases vs 3 more senators linked to flood control scam

THE Independent Commission for Infrastructure (ICI) said on Thursday it will recommend next week the filing of charges against at least three sitting or former senators for alleged corruption tied to flood control projects.

1 mins

Recipe for disaster

The decision by the Mavericks to relieve Nico Harrison of his duties as general manager marks a turning point for all and sundry.

2 mins

Postponed La Salle-Ateneo match serves as UAAP 88 Final Four finale

THE postponed duel of De La Salle University and Ateneo de Manila University will now serve as the finale to an anticipated photo finish race with Final Four seats at stake in the UAAP Season 88 men’s basketball.

1 mins

Cy Young: Tarik Skubal wins AL again; Paul Skenes unanimous NL choice

DETROIT TIGERS left-hander Tarik Skubal won his second consecutive American League (AL) Cy Young Award and Pittsburgh Pirates right-hander Paul Skenes was the unanimous choice for his first National League (NL) Cy Young on Wednesday.

2 mins

Shai Gilgeous-Alexander, OKC Thunder get off to fast start in rout of Los Angeles Lakers

SHAI GILGEOUS-ALEXANDER had 30 points and nine assists in just three quarters of action to lead the Oklahoma City (OKC) Thunder to a 121-92 home win over the Los Angeles Lakers on Wednesday.

1 mins

Raymond Lauchengco stages 60th birthday concert

TO celebrate turning 60, Raymond Lauchengco is showing his gratitude to all those who have supported him throughout the years with a grand birthday concert, a heartfelt new song, and a book featuring his stories and artworks.

4 mins

Disney eyes ESPN expansion in Asia to boost streaming content

WALT DISNEY CO. is seeking to bring its ESPN sports brand to Asia, stepping up efforts to expand in one of the world's fastest-growing streaming markets.

2 mins

Are you listening to bots? Survey shows AI music is virtually undetectable

A STAGGERING 97% of listeners cannot distinguish between artificial intelligence (AI)-generated and human-composed songs, a Deezer-Ipsos survey showed on Wednesday, underscoring growing concerns that AI could upend how music is created, consumed and monetized.

1 mins

BPI looks to sustain 12-13% loan growth

BANK of the Philippine Islands (BPI) is looking to sustain its loan growth at the mid-teens range next year as it continues to expand its consumer lending business.

2 mins

My father’s legacy of integrity, family, and faith

Nov. 1 is not only All Saints’ Day — it’s also a day of joyful remembrance.

3 mins

Philippine banks to see ‘robust’ credit growth as rates go down

PHILIPPINE BANKS may see strong demand for loans until next year as the economy remains strong and as borrowing costs continue to go down amid manageable inflation, S&P Global Ratings said.

3 mins

PSE index extends climb as buying continues

THE MAIN INDEX moved higher on Thursday as investors continued to pick up blue chips following the market’s decline.

2 mins

Bank of Commerce targets to increase lending to retail sector

BANK of Commerce (BankCom) is looking to increase the share of retail loans in its portfolio to help boost its margins amid easing borrowing costs.

1 mins

Dow at fresh high while Amazon weighs on Nasdaq

WALL STREET’s main indexes were mixed on Wednesday, with the Dow notching a record-high close and the Nasdaq losing ground as investors rotated out of pricey technology stocks while focusing on a likely end to a historic US government shutdown.

1 mins

Gold surges as US Treasury yields slide

GOLD PRICES climbed 2% on Wednesday as US Treasury yields slipped ahead of a House vote to reopen the government, a move that could revive economic data releases and bolster expectations for a US Federal Reserve rate cut in December.

1 mins

Oil prices plunge as OPEC says 2026 supply to match demand

Oil prices fell more than $2 a barrel on Wednesday, weighed down by the Organization of the Petroleum Exporting Countries’ (OPEC) report saying global oil supply will match demand in 2026, marking a further shift from its earlier projections of a supply deficit.

1 mins

SM Supermalls showcases Anna Vergel RS artworks at Mall of Asia

SM SUPERMALLS has long supported the growth and careers of local Filipino artists. Among the artists that SM Supermalls proudly features along the hallways of their Corporate HQ at the SM Mall of Asia Complex as well as their corporate website is acclaimed visual artist Anna Vergel RS.

1 mins

Brittany Hotel Villar City celebrates a White Christmas of elegance and sustainability

BRITTANY HOTEL officially welcomed the Yuletide season last Wednesday with the unveiling of its \"White Christmas\" theme.

1 mins

CTBC Bank toasts to 30 years of enduring growth in PHL

CTBC Bank (Philippines) Corp. recently marked its 30th anniversary with an Appreciation Dinner at the Manila Polo Club, themed \"CTBC Bank at 30: Global Strength. Local Heart.\"

1 mins

AdNU, Henry Sy Foundation spearhead building reconstruction

THE HENRY SY Foundation, Inc. (HSFI) and Ateneo de Naga University (AdNU) have broken ground for the reconstruction of the university's 85-year-old administration building at the Bagumbayan Campus, marking the start of a project expected to benefit future generations of Bikolano students.

1 mins

PhilHealth releases new guidelines for reconstructive eye surgeries

THE PHILIPPINE HEALTH Insurance Corp. (PhilHealth) has issued guidelines on Pterygium Excision with Graft and Ocular Surface Reconstructive Surgeries (PhilHealth Circular No. 2025-0021), effective Nov. 15, setting clear quality standards and clinical guidelines for the treatment of pterygium.

1 mins

Puregold CinePanalo collaborates with pioneer student alumni in digital series

THE PUREGOLD CINEPANALO Film Festival goes the extra mile by providing the right breaks to young contenders over and beyond the confines of the festival.

1 mins

Discover your perfect pasta pairing with Doña Elena pasta sauces

AS A LEADING and well-loved brand of olive oil and other Mediterranean cooking ingredients, Doña Elena continues to make gourmet experiences at home accessible.

1 mins

NHMFC grants moratorium for borrowers affected by typhoon

HOUSING LOAN borrowers of the National Home Mortgage Finance Corp. (NHMFC) in Central and Eastern Visayas who are affected by Typhoon “Tino” are granted one-month moratorium on the payment of their monthly amortizations effective Nov. 4 until Dec. 3.

1 mins

Fuji-Haya Electric to join 50" IIEE Annual National Convention

TO CELEBRATE the 50\" year of the Institute of Integrated Electrical Engineers of the Philippines, Inc. (IIEE), Fuji-Haya Electric Corp. is set to join the 50\" IIEE Annual National Convention and 3E XPO 2025, happening from Nov. 26-29 at the SMX Convention Center in Pasay City.

1 mins

Les alle historier fra Business World Philippines

Business World Philippines Description:

Forlegger: Philstar-Daily-Inc.

Kategori: Newspaper

Språk: English

Hyppighet: 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.