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Marcos wants zero out-of-pocket hospitalization expense, Palace says
Business World Philippines
|July 10, 2025
THE ADMINISTRATION of President Ferdinand R. Marcos, Jr., aims to reduce, if not eliminate, out-of-pocket hospitalization expense for Filipinos, the Palace said on Wednesday.
"Ideally, no Filipino would have to pay anything when they are hospitalized," said Palace Press Officer Clarissa A. Castro in Filipino during a news briefing.
"So as much as possible, the President's aspiration is to reduce, or if possible, eliminate entirely the out-of-pocket expenses of our countrymen when they are hospitalized."
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FIT TO A T
The Jetour T1 Lightning i-DM looks like a Bronco, feels like an X5
3 mins
December 15, 2025
Business World Philippines
Filipinos with multiple myeloma deserve a more holistic healthcare system
Every year, an estimated 932 Filipinos are diagnosed with multiple myeloma, a cancer of the blood that develops in plasma cells found in the bone marrow. Plasma cells are a type of white blood cell responsible for producing antibodies that help the body fight infection.
3 mins
December 15, 2025
Business World Philippines
New fish import rules aim for digital traceability, IUUF enforcement boost
THE Department of Agriculture said its new rules for importing fish and fishery products will introduce digitized supply chain traceability and strengthen safeguards against illegal, unreported, and unregulated fishing (IUUF).
1 min
December 15, 2025
Business World Philippines
Garment, textile growth seen at 2-5% in 2026 amid US tariff concession hopes
EXPORTS of garments, textiles, and apparel are expected to grow between 2% and 5% next year as the government negotiates a lower tariff with the US and as the industry explores new markets.
1 mins
December 15, 2025
Business World Philippines
Generational Money Mindsets: Spending, Saving, and Investing
How Filipinos across generations are redefining what “money” means to them
5 mins
December 15, 2025
Business World Philippines
Growth in big banks' assets, loans slowed sharply in Q3
THE PHILIPPINES' largest banks saw the weakest asset growth in over three years in the third quarter as the flood control mess weighed on economic activity.
3 mins
December 15, 2025
Business World Philippines
T-bill rates may drop on BSP cut
RATES of the Treasury bills (T-bills) on offer this week could end slightly lower after the Bangko Sentral ng Pilipinas (BSP) lowered borrowing costs again and with the US Federal Reserve’s policy path still uncertain.
2 mins
December 15, 2025
Business World Philippines
Debt yields rise as BSP easing cycle nears end
YIELDS on government securities (GS) traded in the secondary market mostly rose last week after the Bangko Sentral ng Pilipinas (BSP) signaled an imminent end to its easing cycle.
2 mins
December 15, 2025
Business World Philippines
Winford Manila kicks off holidays in 'full bloom'
THE HOLIDAY FESTIVITIES have fully bloomed at Winford Resort & Casino Manila, with the lighting of its Christmas tree (in photo) and the launch of Flourish in Full Bloom art exhibit by the University of the Philippines College of Fine Arts Alumni Association, Inc. (UPCFAAAI).
1 min
December 15, 2025
Business World Philippines
Xin Tian Di bags triple win at World Luxury Restaurant Awards 2025
CROWNE PLAZA Manila Galleria & Holiday Inn & Suites Manila Galleria celebrate excellence in authentic Chinese dining as its signature Chinese restaurant, Xin Tian Di, has achieved a triple victory at the prestigious 2025 World Luxury Awards, earning the distinctions of Best Chinese Cuisine in Asia, Best Authentic Cuisine in the Philippines, and Best Head Chef in the Philippines for Executive Chef David Chu.
1 min
December 15, 2025
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