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Business World Philippines

Transforming tax with INFA-Net

INFA-Net and the digital initiatives led by ARTA, Bol, and BIR represent more than regulatory reform - they signal a real shift toward a modern, investor-friendly Philippines.

4 min  |

November 24, 2025

Business World Philippines

Biodiesel group urges caution on proposed biofuels act

THE Philippine Biodiesel Association (TPBA) recommended caution on proposed changes to Republic Act (RA) No. 9367, or the Biofuels Act of 2006, particularly on the suspension of the coco-biodiesel program when blended diesel hits certain price triggers.

2 min  |

November 24, 2025

Business World Philippines

Poultry, dairy output expand in Q3, hog production declines

POULTRY and dairy output expanded in the third quarter, while hog, cattle and goat production contracted, according to the Philippine Statistics Authority (PSA).

1 min  |

November 24, 2025

Business World Philippines

Peso seen range-bound as traders await cues from Federal Reserve

THE PESO could trade sideways against the dollar this week as players await signals on the US Federal Reserve's easing path.

3 min  |

November 24, 2025
Business World Philippines

Business World Philippines

MPTC kicks off P8-B Lapu-Lapu Expressway phase 1 bidding

METRO PACIFIC Tollways Corp. (MPTC) has started the bidding process to select contractors for the first phase of its P8-billion Lapu-Lapu Expressway (LLEx) expansion, which is expected to be completed by the fourth quarter of 2027.

1 min  |

November 24, 2025
Business World Philippines

Business World Philippines

DigiPlus sees 'gradual recovery' after 51% earnings drop

DIGIPLUS INTERACTIVE Corp., the listed digital entertainment company behind BingoPlus, ArenaPlus, and GameZone, is seeing signs of recovery in the fourth quarter after a steep drop in third-quarter net income triggered by tighter regulations that prompted e-wallet providers to remove in-app access to licensed online gaming platforms.

1 min  |

November 24, 2025

Business World Philippines

DoF warns VAT rate cut could slash P1 trillion in revenue and risk credit rating downgrade

THE Department of Finance (DoF) expressed “strong reservations” regarding a proposal to lower the value-added tax (VAT) rate, warning it could cost the government more than P1 trillion in foregone revenues through 2030 and undermine its fiscal consolidation efforts.

3 min  |

November 21, 2025

Business World Philippines

Peso dips on hawkish Fed minutes

THE PHILIPPINE PESO weakened against the dollar on Thursday after minutes from the US Federal Reserve's last policy meeting dampened expectations of an interest rate cut next month.

2 min  |

November 21, 2025
Business World Philippines

Business World Philippines

A matter of kindness

In the cyberage of materialism, speed, and convenience, the concept of spirituality is dismissed as irrelevant, obsolete, and archaic.

2 min  |

November 21, 2025

Business World Philippines

Manulife and SSS expand Group Credit Life coverage

MANULIFE Philippines and the Social Security System (SSS) have expanded their Group Credit Life (GCL) insurance coverage to include pensioners participating in the SSS Pension Loan Program, providing additional financial protection to families of deceased borrowers.

1 min  |

November 21, 2025

Business World Philippines

Banks’ 9-month trust assets rise to P4.9T

PHILIPPINE BANKS’ trust assets had climbed to P4.867 trillion as of September, reflecting stronger demand for professionally managed funds amid continued caution in financial markets, based on data from the Bangko Sentral ng Pilipinas (BSP).

1 min  |

November 21, 2025

Business World Philippines

Digital VAT collection nears P7 billion - BIR

THE PHILIPPINE government has collected almost P7 billion from a 12% value-added tax (VAT) on digital services, the Department of Finance said, providing a lift to revenue intake at a time when slower growth and a corruption probe are weighing on collections.

2 min  |

November 21, 2025
Business World Philippines

Business World Philippines

DICT chief targets to raise digital economy's share to GDP to 12.5%

THE DEPARTMENT of Information and Communications Technology (DICT) is aiming to increase the share of the digital economy to gross domestic product (GDP) to 12.5% by 2028, by fast-tracking digital infrastructure projects and attracting more hyperscalers to operate in the country.

3 min  |

November 21, 2025

Business World Philippines

‘While the Guitar Weeps’ for the nation

The Philippines today feels like a land in quiet sorrow — deeply disillusioned.

3 min  |

November 21, 2025
Business World Philippines

Business World Philippines

Saavedra-led Megawide raises P3B in oversubscribed follow-on offering

MEGAWIDE Construction Corp. raised P3 billion from its Series 7 preferred shares follow-on offering, which was oversubscribed 2.3 times, signaling investor confidence in the company’s expansion plans, its president said.

2 min  |

November 21, 2025

Business World Philippines

BOP position swings to $706-M surplus in Oct.

THE PHILIPPINES' balance of payments (BoP) position swung to a surplus in October, narrowing the country's external position gap in the 10-month period, the central bank said.

2 min  |

November 21, 2025
Business World Philippines

Business World Philippines

Partners for a resilient future

EUROPE and the Indo-Pacific region find their futures increasingly interlinked in a world marked by geopolitical shifts, economic uncertainty, and intensifying strategic competition.

3 min  |

November 21, 2025

Business World Philippines

James’ season debut

he Lakers’ 140-126 win over the Jazz marked a return that was both inevitable and instructive. LeBron James, entering a National Basketball Association (NBA)-record 23™ season after sitting out the opening stretch with a sciatica flareup, delivered 11 points and 12 assists in 30 minutes of play.

2 min  |

November 21, 2025

Business World Philippines

Aramco signs preliminary US deals worth more than $30B

Oil giant Saudi Aramco said on Wednesday it had signed 17 preliminary deals with US companies with a potential overall value of more than $30 billion, during a visit to Washington by the Saudi Crown Prince.

1 min  |

November 21, 2025

Business World Philippines

Scholarships, an engine for social mobility

IT HAS BEEN an enduring belief that education is the greatest equalizer.

2 min  |

November 21, 2025

Business World Philippines

BPO workers urge legislators to pass law regulating industry safety, permanent employment, pay levels

SENATE BILL (SB) NO. 1493, or the proposed BPO Workers’ Welfare and Protection Act, represents the latest effort to ensure that industry employees are protected, a business process outsourcing (BPO) employee association said.

1 min  |

November 21, 2025
Business World Philippines

Business World Philippines

Decades-long contracts chain Asia to coal-fired power

Decades-long coal-fired power purchase contracts are slowing the transition to cleaner energy sources in Asia, leading utilities to burn more coal even when wind and solar power are available, according to climate researchers and renewable energy advocates.

1 min  |

November 21, 2025

Business World Philippines

EU trade talks unaffected by corruption worries, PHL acted fast – ambassador

THE European Union (EU) does not expect the infrastructure corruption scandal to affect negotiations with the Philippines for a free trade agreement (FTA), noting that the government seems to be addressing the matter, the delegation of the EU to the Philippines said.

1 min  |

November 21, 2025

Business World Philippines

Gold trims gains after US Fed minutes

GOLD PRICES pared gains on Wednesday after the release of minutes from the US Federal Reserves latest meeting, while market participants focused on upcoming economic data for further clues on the US interest rate path.

1 min  |

November 21, 2025

Business World Philippines

Why paying above minimum wage makes sense

IN THE WORKPLACE

3 min  |

November 21, 2025

Business World Philippines

DigiPlus: Internal funds sufficient for IEC deal

DIGIPLUS Interactive Corp., the listed digital entertainment firm behind BingoPlus, ArenaPlus, and GameZone, said it intends to use internal funds for its potential controlling stake acquisition of Hong Kong-listed International Entertainment Corp. (IEC), while remaining open to short-term financing if necessary.

2 min  |

November 21, 2025

Business World Philippines

Trump’s semiconductor tariff plan likely delayed, officials say

US officials are privately saying that they might not levy long-promised semiconductor tariffs soon, potentially delaying a centerpiece of President Donald J. Trump's economic agenda

3 min  |

November 21, 2025

Business World Philippines

Japan, Canada see no shift in investor confidence amid Philippine infra scandal

JAPAN and Canada have not observed any pullback from investors looking at the Philippines despite the months-long corruption scandal involving flood control projects, their envoys said on Thursday, underscoring continued confidence in the country’s economic trajectory.

2 min  |

November 21, 2025

Business World Philippines

Philippines, US eye cybersecurity integration in Balikatan exercises

THE UNITED STATES eyes integration of anti-cyberthreat technology in its annual Balikatan (shoulder-to-shoulder) war games with the Philippines, an embassy official said on Thursday.

1 min  |

November 21, 2025

Business World Philippines

Exporters urged to verify their US tariff-exempt status

THE Department of Trade and Industry (DTD said exporters need to consult with the US companies receiving their goods whether their shipments qualify for the latest US tariff exemption on Philippine agricultural goods.

1 min  |

November 21, 2025