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Business World Philippines
First complex energy efficiency project eligible for CREATE MORE incentives registered with BoI
THE Board of Investments (Bol) has approved the registration of Philippine DCS Development Corp’s (PDDC) complex energy efficiency (EE) project worth P400 million.
1 min |
November 26, 2025
Business World Philippines
Ex-Rep. Zaldy Co accuses Pres. Marcos’ son of P50B worth of budget insertions
ARESIGNED lawmaker at the center of a brewing political scandal has accused President Ferdinand R. Marcos, Jr’s son of “inserting” about P50 billion into national budgets over the past three years, widening the circle of influential politicians implicated in the controversy gripping the Philippines
2 min |
November 26, 2025
Business World Philippines
Pork MAV 2026 allocation system under review as quota application period draws to a close
THE Department of Agriculture (DA) is reviewing pork allocations for 2026, and has frozen applications for minimum access volume (MAV) quotas while the new policy is worked out.
1 min |
November 26, 2025
Business World Philippines
PICPA's 80th Annual National Convention: A Grand Celebration of Excellence, Innovation, and Community
THE PHILIPPINE Institute of Certified Public Accountants (PICPA) celebrated its landmark 80th Annual National Convention (ANC) from November 16 to 19, 2025, at the SMX Convention Center and Century Park Hotel. The event brought together over 6,000 CPAs for a dynamic program blending technical excellence, leadership, entertainment, and camaraderie.
8 min |
November 26, 2025
Business World Philippines
Ayala Corp. wins innovative treasury award for sustainability-focused financing
AYALA CORP. has been recognized with the Most Innovative Treasury Award at the 2025 Corporate Treasurer Awards for financing deals that support both sustainability and business growth initiatives.
1 min |
November 26, 2025
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 min |
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 min |
November 25, 2025
Business World Philippines
Philippines mulls rate cut to spur demand as scandal hits growth
THE PHILIPPINE central bank will consider another reduction in the benchmark interest rate next month to spur demand, its top official said, after the economy was hit by an ongoing corruption scandal.
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 min |
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 min |
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 min |
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 min |
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 min |
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 min |
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 min |
November 25, 2025
Business World Philippines
ENEX gets SEC nod for capital stock increase
ENEX ENERGY CORP., a subsidiary of Ayala-led ACEN Corp., has secured approval from the Securities and Exchange Commission (SEC) to raise its authorized capital stock, enabling the company to access additional funding.
1 min |
November 25, 2025
Business World Philippines
When tax audits become extortion: Why the Philippines must fix the LoA system now
ON NOV. 17, during the Senate plenary deliberations on the proposed 2026 national budget, Senate Deputy Majority Leader JV Ejercito sounded the alarm over the alleged \"weaponization\" of Letters of Authority (LoA) by the Bureau of Internal Revenue (BIR), saying the issuance of LoAs is now being used as a tool for corruption.
4 min |
November 25, 2025
Business World Philippines
Asian Terminals Q3 income dips on higher expenses
LISTED port operator Asian Terminals, Inc. (ATI) reported a 4.26% decline in third-quarter (Q3) attributable net income to P1.35 billion, citing higher expenses during the period.
1 min |
November 25, 2025
Business World Philippines
Marcos says 7 people linked to flood control scandal now in state custody
PHILIPPINE President Ferdinand R. Marcos, Jr. said seven people wanted in connection with anomalies in government flood control projects are now under state custody, as his administration seeks to show concrete progress in its widening anti-corruption crackdown.
4 min |
November 25, 2025
Business World Philippines
Innovation Council approves procurement, startup reforms
THE National Innovation Council (NIC) approved reforms aimed at modernizing government procurement and innovation projects and easing barriers for enterprises and startups.
1 min |
November 25, 2025
Business World Philippines
Private sector has role in ensuring stability amid political, economic risks — Hans Sy
THE PRIVATE SECTOR has a responsibility to create opportunities, uphold integrity, and support stability amid political and economic risks, SM Prime Holdings, Inc. Executive Committee Chairman Hans T. Sy said.
2 min |
November 25, 2025
Business World Philippines
Toxic mines put Southeast Asia’s rivers, people at risk
For most of her life, 59-year-old farmer Tip Kamlue has irrigated her fields in northern Thailand with the waters of the Kok River, which flows down from neighboring Myanmar before joining with the Mekong River that cuts through Southeast Asia.
3 min |
November 25, 2025
Business World Philippines
Oil prices barely move as markets weigh Ukraine deal, US rate cut
Oil prices took a breather on Monday after last week's fall of about 3%, as investors weighed the chances for a US rate cut against the prospect of a Russia-Ukraine deal that could free up more Russian supply through an easing of sanctions.
1 min |
November 25, 2025
Business World Philippines
Q4 ‘challenging’ unless gov’t acts firmly against corruption
THE fourth quarter will be challenging for businesses unless the government delivers a concrete resolution to the infrastructure corruption scandal, participants at the Management Association of the Philippines (MAP) Annual General Membership Meeting said on Monday.
3 min |
November 25, 2025
Business World Philippines
The invoice: How tiny errors sink big VAT claims
In the intricate landscape of Philippine taxation, the Value-Added Tax (VAT) system stands out as one of the most technical and rigorously enforced.
5 min |
November 25, 2025
Business World Philippines
The impact of recent developments in AI and their implications for educational policy
In today's \"Knowledge Age,\" human capital, of which knowledge is the major component, has become the most important economic resource, supplanting the traditional factors of production, land, labor, and (physical) capital.
3 min |
November 25, 2025
Business World Philippines
2 pastoral letters 36 years apart show nothing much has changed
In July of the 4 th year of President Corazon \"Cory\" Aquino's term, the Catholic Bishops Conference of the Philippines (CBCP), ordered the reading of the pastoral letter \"Thou Shall Not Steal\" during Sunday Masses in all churches throughout the country.
5 min |
November 25, 2025
Business World Philippines
Call My Manager to honor Philippine cinema, showbiz
CELEBRITY EGOS, industry politics, and personal ambitions fuel the cutthroat world of show business, which is the center of the Filipino series Call My Manager.
2 min |
November 25, 2025
Business World Philippines
Nexperia chips upended auto supply chains — again
A factory next to a weed-ridden lot in China's industrial south has become a global choke point for automotive chips, upending a sector that just a few years ago swore it wouldn't be caught again by supply-chain disruptions.
4 min |
November 25, 2025
Business World Philippines
AIA Rock ‘n’ Roll Running Series stages its fourth edition
ALMOST 9,000 runners converge at the country’s capital as the world-renowned AIA Rock ‘n’ Roll Running Series stages its fourth edition on Saturday.
2 min |