Prøve GULL - Gratis
Marcos faces ‘profound crisis of confidence’ over flood mess, says VP Sara
Business World Philippines
|November 18, 2025
PRESIDENT Ferdinand R. Marcos, Jr. is grappling with a “profound crisis of confidence” as his administration is shaken by the worsening flood controversy, Vice-President (VP) Sara Duterte-Carpio, who is also facing corruption allegations, said on Monday.
-
Ms. Duterte said she was likewise outraged by allegations of mass corruption tied to anomalous flood control contracts, an issue that has struck a nerve with a graft-weary public, Efforts to probe the scandal, she added, have failed to calm public anger due to what she described as a “lack of control and direction.”
“T stand with the millions of Filipinos dismayed and disgusted at a government mired in insecurity and insatiable greed,” she said in Filipino in a video recording shared with reporters.
Her statement comes as the religious group Iglesia ni Cristo gathered on the second day of a three-day anti-corruption rally in the Philippine capital that started on Sunday, which saw more than half a million of its members trooped to Quirino Grandstand as they called for transparency and accountability.
Some groups have also called for Mr. Marcos’ resignation from office as the scandal continues to engulf his administration, affect business confidence and dampen economic growth.
Denne historien er fra November 18, 2025-utgaven av Business World Philippines.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Business World Philippines
Business World Philippines
S&P affirms 'BBB+' rating for Philippines
S&P GLOBAL RATINGS on Thursday affirmed the Philippines' investment grade credit rating with a \"positive\" outlook, noting that its growth prospects remain strong even as the corruption scandal weighs on the economy this year.
3 mins
November 28, 2025
Business World Philippines
Bulacan contractors tied to 'ghost' projects face tax evasion raps — BIR
THE BUREAU of Internal Revenue (BIR) has filed tax evasion complaints against two Bulacan-based contractors allegedly involved in “ghost” flood control projects.
1 mins
November 28, 2025
Business World Philippines
PHL, France spotlight co-productions, animation, feminist films as French Film Fest returns for 28th year
ANIMATED and feminist films are being screened until Nov. 30, as part of this year’s French Film Festival which is now in its 28th year.
3 mins
November 28, 2025
Business World Philippines
Business groups call for mandatory lifestyle checks on all gov't officials
SOME TOP business groups on Thursday called for the public submission of statements of assets, liabilities, and net worth (SALN) by all government officials, as well as mandatory lifestyle checks to enforce accountability.
3 mins
November 28, 2025
Business World Philippines
PHL jumps to 75th in talent competitiveness index
THE PHILIPPINES jumped nine spots in an annual ranking of countries' ability to attract and retain talent, according to a report by business school Institut Européen d'Administration des Affaires (INSEAD) and the Portulans Institute.
3 mins
November 28, 2025
Business World Philippines
James picks his spots
The latest meeting between the Lakers and Clippers functioned both as spectacle and as affirmation of the pecking order. The final score in favor of the purple and gold comes off as a whipping on surface, punctuated by scoring bursts from marquee names. At the same time, clarity lies beyond the numbers: Roles, rhythms and resolve have clearly coalesced for the winners and unravelled for the vanquished.
1 mins
November 28, 2025
Business World Philippines
Extended Beatles Anthology takes fans beyond the mythology of the band
A new episode of the Beatles Anthology, 30 years after the original landmark series, shows the impact on Paul McCartney, George Harrison, and Ringo Starr of being in the biggest rock band in history, its writer and director said.
1 min
November 28, 2025
Business World Philippines
Chinese sportswear maker Anta Sports Products exploring bid for Puma
CHINESE sportswear maker Anta Sports Products is among firms exploring a potential takeover of German sportswear brand Puma, Bloomberg News reported on Thursday.
1 min
November 28, 2025
Business World Philippines
Not too scary, but a solid first effort
KMJS' GABI NG LAGIM THE MOVIE
3 mins
November 28, 2025
Business World Philippines
More than half of new articles on the internet are being written by AI – is human writing headed for extinction?
The line between human and machine authorship is blurring, particularly as it’s become increasingly difficult to tell whether something was written by a person or AI.
4 mins
November 28, 2025
Listen
Translate
Change font size

