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Corruption as a moral and economic bane

Business World Philippines

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November 26, 2025

A study by S&P Global forecasts that the Philippines will be a trillion-dollar economy by 2033. The ASEAN+3 Regional Economic Outlook 2025 released in October is equally optimistic, projecting 5.6% growth this year and 5.5% next year. Strong domestic consumption and a stable labor market remain the main drivers.

- VICTOR ANDRES C. MANHIT

But are these developments felt by the ordinary Filipino? Do communities share the optimism behind these reports?

Unfortunately not.

At the micro level, Filipinos feel that their lives have not improved. Hunger persists, many still rate themselves poor, and they continue to demand higher wages, stable jobs, and real opportunities. Their most urgent concerns remain economic.

Public frustration intensified in recent months as the flood control scandal dominated the national conversation. Congressional hearings exposed how corruption runs through various levels of government. In the September 2025 Pulse Asia survey, fighting graft surged and is now a close second to concerns about the economy.

Some 97% of Filipinos believe corruption is widespread, while 85% say it worsened over the past three months. Nearly nine in 10 think there is collusion among executive officials, legislators, and contractors in flood control projects.

A Social Weather Stations survey conducted the following month mirrors these sentiments. Eighty three percent say corruption is most rampant at the national level, while 73% in Mega Manila perceive it among high-ranking officials, including cabinet members. Majorities in Metro Manila believe corruption has grown more widespread, and 60% say the government's anti-corruption efforts are ineffective.

Business World Philippines'den DAHA FAZLA HİKAYE

Business World Philippines

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.

time to read

4 mins

November 28, 2025

Business World Philippines

Bulacan contractors tied to 'ghost' projects face tax evasion raps — BIR

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time to read

1 min

November 28, 2025

Business World Philippines

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time to read

1 min

November 28, 2025

Business World Philippines

Business World Philippines

PHL card payments seen growing to P4.2 trillion

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time to read

2 mins

November 28, 2025

Business World Philippines

Business World Philippines

Federal Land opens first FIFA-standard football field in Marikina City

THE Federal Land, Inc. (FLI) on Wednesday said that it seeks to encourage a more active lifestyle and bring new opportunities to Marikina City through its first football field aligned with the standards of the Fédération Internationale de Football Association (FIFA).

time to read

2 mins

November 28, 2025

Business World Philippines

Recto tax amnesty proposal seen providing relief while DoF grapples with audit abuses

THE FEDERATION of Philippine Industries (FPI) said a tax amnesty floated by the previous secretary of the Department of Finance (DoF) could be a good starting point as the department grapples with the issue of revenue officers abusing their authority when inspecting taxpayers’ books.

time to read

1 mins

November 28, 2025

Business World Philippines

Business World Philippines

Meralco to redeem remaining P2.87-B bonds in December

MANILA ELECTRIC CO. (Meralco) will retire the remaining P2.87 billion of its P7-billion 12-year bonds next month, it said in a stock exchange filing on Thursday.

time to read

1 min

November 28, 2025

Business World Philippines

AirAsia MOVE broadens network with VietJet Air flight integration

AIRASIA MOVE has added VietJet Air flights to its platform through a partnership with GalaxyJoy, expanding access to low-cost fares and boosting connectivity for travelers in the Philippines and across Southeast Asia, the AirAsia group’s online travel agency said on Thursday.

time to read

1 min

November 28, 2025

Business World Philippines

PHINMA St. Jude College Dasmariñas rolls out campus upgrades

PHINMA St. Jude College Dasmariñas Cavite is rolling out a slate of campus upgrades — including a computer lab, modern library and a mock hospital — as it accelerates its transition into the PHINMA Education Network.

time to read

1 mins

November 28, 2025

Business World Philippines

EU agrees on rules for online fraud protection

European Union (EU) member states and the European Parliament have agreed on new rules to force banks and other payment service providers to better protect their customers against online fraud, hidden fees and data leaks, the Parliament said on Thursday.

time to read

1 min

November 28, 2025

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