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Innovation Council approves procurement, startup reforms
Business World Philippines
|November 25, 2025
THE National Innovation Council (NIC) approved reforms aimed at modernizing government procurement and innovation projects and easing barriers for enterprises and startups.
In a statement on Monday, the Department of Economy, Planning, and Development (DEPDev) said the Council, at its ninth meeting, endorsed the New Government Procurement Act Supplemental Guidelines for the Direct Procurement for Science, Technology, and Innovation.
"The guidelines aim to streamline procurement processes for government entities engaged in research and development, science, technology, and innovation programs and projects," DEPDev said.
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Business World Philippines
BDO looking to issue five-year dollar bonds
BDO UNIBANK, INC. is planning to issue five-year dollar-denominated bonds, it said on Monday.
2 mins
November 25, 2025
Business World Philippines
S&P, AMRO cut growth forecasts
S&P GLOBAL RATINGS and the ASEAN+3 Macroeconomic Research Office (AMRO) slashed its Philippine growth projections this year and in 2026, following the slower-thanexpected growth in the third quarter.
4 mins
November 25, 2025
Business World Philippines
Philippines mulls rate cut to spur demand as scandal hits growth
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1 min
November 25, 2025
Business World Philippines
Peso slips vs the dollar on possible yen intervention
THE PESO slipped against the dollar on Monday to track the sideways movement among regional currencies led by the yen amid signals of more proactive intervention from Japanese Prime Minister Sanae Takaichi's administration.
1 mins
November 25, 2025
Business World Philippines
CIP unit eyes P30.5-B wind power project in Nueva Ecija
DENMARK’S Copenhagen Infrastructure Partners (CIP), a global investor in renewable energy infrastructure, is proposing to build a 300-megawatt (MW) onshore wind farm in Nueva Ecija with an estimated cost of P30.5 billion.
2 mins
November 25, 2025
Business World Philippines
Of useful ghosts and all-girls school
FOR THIS edition of the QCinema International Film Festival, Business-World was able to catch the winning films of two of the festival’s competition categories: Thai film A Useful Ghost by Ratchapoom Boonbunchachoke, winner of Asian Next Wave, and Singaporean film Amoeba by Siyou Tan, winner of New Horizons. The 3rd category, RainbowQC for LGBTQ films was won by Diego Céspedes’ The Mysterious Gaze of the Flamingo.
2 mins
November 25, 2025
Business World Philippines
BIR suspends all audit operations
THE Bureau of Internal Revenue (BIR) has ordered the immediate suspension of its audit operations, after complaints over the misuse of letters of authority (LOA).
2 mins
November 25, 2025
Business World Philippines
Treasury hikes T-bill award as yields end mixed
THE GOVERNMENT upsized the Treasury bills (T-bills) it awarded on Monday, with the tenors fetching mixed yields amid higher demand for longer-tenored investments as players adjust their portfolios before the yearend.
2 mins
November 25, 2025
Business World Philippines
Coalition plans second anti-graft rally on Nov. 30
LEADERS of a broad anti-corruption coalition on Monday said their campaign is not meant to destabilize or unseat the Marcos administration, as they announced plans for a second nationwide protest on Nov. 30, Bonifacio Day.
1 mins
November 25, 2025
Business World Philippines
QCinema 2025 and what it means to be a Creative City of Film
THE QCINEMA International Film Festival ended this week, its theme “Film City” celebrating Quezon City’s (QC) recent designation as a UNESCO Creative City of Film.
1 mins
November 25, 2025
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