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Business World Philippines

US slashes 36% off Medicare spending on 15 high-priced medicines

THE US MEDICARE health plan said on Tuesday that newly negotiated prices for 15 of its costliest drugs will save 36% on those medications compared with recent annual spending, or about $8.

1 min  |

November 27, 2025

Business World Philippines

Taxing plastic bags

In August, the Senate revived the plastic bag tax discussion by introducing two new measures now pending in committee.

6 min  |

November 27, 2025
Business World Philippines

Business World Philippines

DoF does not see corruption scandals affecting PHL ratings

THE PHILIPPINES is unlikely to face a credit rating downgrade as a result of its various corruption scandals, with macroeconomic fundamentals still intact, according to the Department of Finance (DoF).

1 min  |

November 27, 2025

Business World Philippines

Google, the sleeping giant in global AI race, now 'fully awake'

SINCE the launch of ChatGPT three years ago, analysts and technologists even a Google engineer and the company's former chief executive officer have declared Google behind in the high-stakes race to develop artificial intelligence (AI).

1 min  |

November 27, 2025

Business World Philippines

Magic demolish 76ers, set franchise scoring records

ANTHONY BLACK scored a career-high 31 points to highlight the Orlando Magic’s 144-103 annihilation of the host Philadelphia 76ers on Tuesday in an NBA Cup game.

1 min  |

November 27, 2025
Business World Philippines

Business World Philippines

Wyeth Nutrition® marks 110 years of nourishing tomorrows at Museo Pambata’s Ang Katawan Ko exhibit

The health of a Filipino child is often a story of potential but looking at the reality on the ground, it is still being overshadowed by more complex issues.

3 min  |

November 27, 2025

Business World Philippines

ICI, DPWH refer plunder and graft charges vs 8 lawmakers in flood mess

THE Independent Commission for Infrastructure (ICI) and the Department of Public Works and Highways (DPWH) have recommended to the Office of the Ombudsman the filing of plunder and graft charges against eight lawmakers allegedly linked to the flood control scandal.

3 min  |

November 27, 2025

Business World Philippines

US peace plan for Ukraine drew from Russian document — sources

THE US-BACKED 28-point peace plan to end the war in Ukraine, which became public last week, drew from a Russian-authored paper submitted to the Trump administration in October, according to three sources familiar with the matter.

3 min  |

November 27, 2025

Business World Philippines

House committee approves amendments to bank deposit secrecy law

THE HOUSE Banks Committee on Wednesday approved an unnumbered bill that consolidated eight measures seeking to amend the country’s decades-old bank secrecy law without discussion.

1 min  |

November 27, 2025
Business World Philippines

Business World Philippines

PLDT guns for third PVL crown against Thunderbelles in semis

Games on Thursday (Smart Araneta Coliseum) 4 p.m. - Akari vs Petro Gazz 6:30 p.m. - ZUS vs PLDT

1 min  |

November 27, 2025

Business World Philippines

Stronger cyber guardrails needed as device-based payments gain ground

THE ENTRY of Google Pay and Apple Pay into the Philippine market will help boost e-commerce but also heightens the need for stronger guardrails to ensure the integrity of the digital payments system as more people transact online.

2 min  |

November 27, 2025

Business World Philippines

Ultimate getaway experiences at Azalea Hotels & Residences Boracay

WITH SPACIOUS SERVICED apartments, thoughtful amenities, and a location that puts everything within reach, Azalea Hotels & Residences Boracay lets guests live out their ideal escape, whether that means relaxing, exploring, or a little bit of both.

1 min  |

November 27, 2025

Business World Philippines

House panel approves extension of estate tax amnesty to 2028

A HOUSE of Representatives committee approved a proposal extending the estate tax amnesty to 2028, citing the need to encourage the settlement of outstanding estate tax liabilities.

1 min  |

November 27, 2025

Business World Philippines

Filipino users leave apps due to Al-powered scams

FILIPINO CONSUMERS are growing more anxious about artificial intelligence (AI)-driven mobile fraud as holiday spending accelerates, pushing many to delete or avoid apps that fail to show strong security, according to mobile cybersecurity firm Appdome, Inc.

1 min  |

November 27, 2025

Business World Philippines

TikTok names former Boeing official as US public policy chief

TikTok said on Tuesday it had named former Boeing government affairs chief Ziad Ojakli as the short video app’s head of public policy for the Americas as it works to complete a deal to separate its US assets from its parent company.

1 min  |

November 27, 2025

Business World Philippines

Women’s Tennis Association Tour adds Manila stop to its 2026 calendar

THE Philippines is now part of the Women’s Tennis Association (WTA) Tour, paving the way for a possible home tourney for the Filipina sensation Alexandra “Alex” Eala.

2 min  |

November 27, 2025

Business World Philippines

Big buzz, small market: Meta’s smartglasses attract holiday demand

Early tech adopters are gobbling up smartglasses like Thanksgiving turkey — especially Meta’s new, retro-chic version with a visual display in the lens.

1 min  |

November 27, 2025

Business World Philippines

Vincent Co’s Puregold marks 2025 with giveaways totaling over P15 million

RACKING UP P7 billion in revenues in the last quarter of 2025, Vincent Co's Puregold is sharing the bounty with its customers by creating life-changing moments of joy through the grand Puregold Nasa Resibo ang Panalo promo.

1 min  |

November 27, 2025
Business World Philippines

Business World Philippines

Who needs birthday cake when you have a basket of dumplings?

Din Tai Fung celebrates 10 years in the Philippines

3 min  |

November 27, 2025

Business World Philippines

US equities extend rally on Fed interest rate cut bets

Wall Street extended its rally on Tuesday as a spate of economic data appeared to support the case for the US Federal Reserve to implement its third and final rate cut of the year in December, while softness in the tech sector limited the Nasdaq's gains.

2 min  |

November 27, 2025

Business World Philippines

Acciona eyes 2-GW RE pipeline in PHL

SPANISH renewable energy developer Acciona Energía is moving to expand its footprint in Southeast Asia with more than two gigawatts (GW) of renewable energy (RE) projects, including wind and solar farms in the Philippines.

1 min  |

November 27, 2025
Business World Philippines

Business World Philippines

Industrial policy for the Philippines: The chip industry is a bright spot

Can the Philippines still be a major exporter of manufactured exports like the East Asian tigers? With all due respect to the contrary opinion, my answer is no.

5 min  |

November 26, 2025

Business World Philippines

Flood probe clouds growth outlook

THE PHILIPPINES’ economic expansion is set to fall short of official targets through 2026 as a widening graft investigation into flood control projects weighs on public spending and investor confidence, according to Deutsche Bank Research.

3 min  |

November 26, 2025

Business World Philippines

BSP, TransUnion set to develop credit education module for BELA

TRANSUNION has partnered with the Bangko Sentral ng Pilipinas (BSP) to develop and implement a credit education module for the BSP E-Learning Academy (BELA).

1 min  |

November 26, 2025
Business World Philippines

Business World Philippines

There's already a deal to beat dirty fossil fuels

A UNITED NATIONS climate summit has once again failed to strengthen a pledge made two years ago to transition \"away from fossil fuels.\" Instead, these dirty drivers of the climate crisis went completely unacknowledged in the weekend's COP30 agreement. It's disappointing, certainly, but a more ambitious outcome wouldn't have been much better.

3 min  |

November 26, 2025
Business World Philippines

Business World Philippines

SM Prime reports 70% unit take-up at Hamilo

COSTA DEL HAMILO, Inc. (CDHI), a subsidiary of listed SM Prime Holdings, Inc., has sold around 70% of units in its Hamilo Coast development in Batangas amid sustained demand from the upscale market, a company official said.

1 min  |

November 26, 2025

Business World Philippines

Over 60% of Filipinos targeted by financial scams, report says

OVER 60% of Filipino adults experience financial scams each year, with attempts happening nearly every other day and average losses per person amounting to nearly P12,000, according to a survey.

1 min  |

November 26, 2025

Business World Philippines

Waller: December cut appropriate, but January action more uncertain

The job market is weak enough to warrant another quarter-point rate cut in December, though action beyond that depends on an upcoming flood of data delayed by the government shutdown, Fed Governor Christopher Waller said on Monday.

3 min  |

November 26, 2025
Business World Philippines

Business World Philippines

Balanced energy, robust water systems crucial for economic growth — De Dios

MANILA WATER CO,, Inc. Chief Executive Officer (CEO) Jose Victor Emmanuel A. de Dios said a balanced portfolio of energy sources, supported by strong infrastructure, is essential for economic growth and attracting investment.

2 min  |

November 26, 2025

Business World Philippines

PHL digital economy on track to hit $36B in 2025

THE PHILIPPINES' digital economy is set to hit $36 billion in gross merchandise value (GMV) this year, supported by rapid adoption of e-commerce, transport and delivery services, digital finance and artificial intelligence (AI), according to a report by Google, Temasek Holdings and Bain & Company.

1 min  |

November 26, 2025
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