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MBFI’s Chito Sobrepeña named inaugural recipient of Rotary’s Gawad Bayanihan Award

Business World Philippines

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October 30, 2025

THE ROTARY CLUB of Makati Metro (RCMM) honored Metrobank Foundation (MBFI) Trustee Aniceto “Chito” M. Sobrepeña (third from left) with the Gawad Bayanihan Award during its 38th Club Induction Ceremonies held recently at the Ayala Alabang Country Club.

The Gawad Bayanihan Award, presented by Unite for Good President and 2016 Outstanding Filipino soldier awardee Fernando Parcon (second from left) and Rotary Club of Makati Metro Past President Lior Liechtenstein (rightmost), marks a historic milestone for RCMM as it is the first time the Club has conferred this sp

FLERE HISTORIER FRA Business World Philippines

Business World Philippines

Business World Philippines

Clark airport traffic seen up 15% as NAIA flight transfers, new routes drive growth

CLARK INTERNATIONAL AIRPORT expects passenger traffic to grow by 15% this year, driven by the transfer of some flight operations from the Ninoy Aquino International Airport (NAIA) and the expansion of international and domestic routes, its operator said.

time to read

1 mins

January 29, 2026

Business World Philippines

From pause to progress: Refined audit approach

Responding to widespread taxpayer concerns regarding audit procedures, the Bureau of Internal Revenue (BIR) took a decisive step by suspending tax audits in November. This strategic pause allowed the BIR to reevaluate and refine its audit approach to address the concerns effectively and redefine the landscape of tax audits.

time to read

4 mins

January 29, 2026

Business World Philippines

Business World Philippines

Kollab backs PayRex with $2-M Series A investment

PayRex is now geared to scale its end-to-end payment solutions in the Philippines

time to read

2 mins

January 29, 2026

Business World Philippines

Farm output jumps 2.6% in 2025

THE PHILIPPINES' agricultural production grew by 2.6% in 2025, the fastest pace in eight years, as gains in crop output and strong poultry performance offset the decline in livestock and fisheries, the Philippine Statistics Authority (PSA) said.

time to read

6 mins

January 29, 2026

Business World Philippines

Business World Philippines

IBPAP cautiously optimistic for IT-BPM sector in 2026

THE IT & Business Process Association of the Philippines (IBPAP) is cautiously optimistic that the industry will achieve revenue and headcount growth this year despite continued uncertainty.

time to read

3 mins

January 29, 2026

Business World Philippines

Philippine GDP growth print lowered to 3.9% in 3rd quarter

THE PHILIPPINE Statistics Authority (PSA) on Wednesday said it downwardly revised the third-quarter gross domestic product (GDP) growth to 3.9% from the 4% initially reported.

time to read

1 min

January 29, 2026

Business World Philippines

A year into Trump presidency, 'pivot to China' gathers pace

BEIJING/HONG KONG - When US President Donald J. Trump took office a year ago with an \"America First\" agenda, many saw trouble for China's sluggish economy, but Beijing has thawed frosty relationships with other trade partners to post a record trade surplus.

time to read

3 mins

January 29, 2026

Business World Philippines

South Korea court sentences ex-First Lady Kim to jail term for bribery

SEOUL A South Korean court on Wednesday sentenced former First Lady Kim Keon Hee to one year and eight months in jail after finding her guilty of accepting bribes from Unification Church officials in return for political favors.

time to read

1 mins

January 29, 2026

Business World Philippines

PEZA confident of hitting 2026 target even as approvals fall 57% in Jan.

THE PHILIPPINE Economic Zone Authority (PEZA) said that it is confident in achieving its target this year, despite seeing a 57.4% decline in investment approvals in January.

time to read

2 mins

January 29, 2026

Business World Philippines

Business World Philippines

Synthetic identity fraud risks on the rise in PHL as digitalization continues

PHILIPPINE organizations must strengthen their identity verification processes as the proliferation of synthetic accounts could increase cases of digital fraud, according to iProov.

time to read

1 mins

January 29, 2026

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