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S. Korea’s presidential candidates prepare to face off in first debate
Business World Philippines
|May 19, 2025
South Korea’s presidential candidates were scheduled to face off in their first TV debate on Sunday evening ahead of a snap election on June 3 to choose a successor to former President Yoon Suk Yeol, who was impeached over his short-lived martial law declaration in December.
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Sunday’s debate, the first of three TV debates scheduled over the next two weeks, will focus on how to revitalize the struggling economy, one of the hot-button election issues.
Asia’s fourth-largest economy contracted in the first quarter as exports and consumption stalled amid fears over the impact of Washington’s aggressive tariffs and political turmoil at home.
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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.
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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
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
Inflation risks may limit BSP easing
EMERGING RISKS to inflation may limit the Philippine central bank's ability to ease further in 2026 despite an expected economic slowdown, analysts said.
3 mins
December 15, 2025
Business World Philippines
Mandated credit, bank secrecy: Is it time to reconsider our approach?
ON THE SIDELINES of The Asian Banker's Finance Philippines 2025 forum in August, Bankers Association of the Philippines (BAP) President Jose Teodoro K. Limcaoco told reporters that mandatory credit lending rules and strict bank secrecy laws \"have become constraints in today's labor-driven financial marketplace.
7 mins
December 15, 2025
Business World Philippines
Bicam's budget rush raises transparency risks
BUDGET WATCHDOGS warned that Congress' rushed timetable to finalize the P6.793-trillion national budget for 2026 increases the risk of unchecked amendments and last-minute insertions, potentially undermining transparency.
3 mins
December 15, 2025
Business World Philippines
From Quake to Typhoons: DigiPlus Foundation Mobilizes P8 Million in Disaster Relief Across the Philippines
In the wake of the Northern Cebu earthquake and the successive onslaught of Typhoons Tino and Uwan, DigiPlus Foundation, formerly known as BingoPlus Foundation and the social development arm of DigiPlus Interactive Corp., has mobilized a total of P8 million worth of disaster relief to help nearly 70,000 Filipinos rebuild their lives across Visayas and other severely-affected provinces in Luzon through its \"BayanihanPlus” Community Resilience Program.
2 mins
December 15, 2025
Business World Philippines
Car sales to grow 5% next year, says CAMPI
THE CHAMBER of Automotive Manufacturers of the Philippines, Inc. (CAMPI) is eyeing a 5% growth in vehicle sales next year amid improving supply chains, introduction of new models, and public acceptance of electrified vehicles (EVs).
3 mins
December 15, 2025
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India tightens pollution curbs as Delhi’s air quality worsens
India tightened antipollution measures in Delhi and adjoining areas after the capital’s air quality deteriorated to the season’s worst.
1 min
December 15, 2025
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