04 Nov 2025

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Philippine Business Group Calls for Internet to Be Recognized as Vital Infrastructure

The Philippines must prioritize internet connectivity as a fundamental infrastructure, alongside roads, energy, and ports, to remain competitive with other Southeast Asian nations, the country\'s largest business organization has stated. In anticipation of the 51st Philippine Business Conference and Expo (PBC&E) scheduled for October, the Philippine Chamber of Commerce and Industry (PCCI) has called on government officials to expedite broadband network investments and eliminate obstacles hindering expansion. The PCCI recommended accelerating permits for telecommunications towers and fiber installations, enforcing mandatory infrastructure sharing, reforming spectrum policies to hasten 5G deployment, and promoting incentives for open-access models aimed at reducing costs and fostering competition. Additionally, the group advocated for nationwide broadband initiatives and programs supporting community digital hubs. Dennis Anthony H. Uy, PCCI\'s director for ICT and chair of the PBC&E, emphasized, \"Connectivity must be treated as critical infrastructure, on par with roads, energy, and ports. Strategic investments in both fixed and mobile broadband, especially in underdeveloped areas, are necessary to enable more Filipinos and enterprises to engage in the digital economy.\" Uy further remarked, \"Ensuring open, affordable, and comprehensive connectivity will not only safeguard the future of our economy but will also empower every Filipino to participate in that future starting today.\" Despite the expansion in digital payments, e-commerce, and online services, the Philippines continues to lag behind its regional counterparts in infrastructure development, small-business digitization, e-government implementation, and technology skill advancement, according to the PCCI. Recent legislative reforms such as amendments to the Public Service Act, the enactment of the SIM Card Registration Law, and the establishment of the National Fiber Backbone have been acknowledged as positive steps; however, the PCCI stressed that further action is required to close the gap.

Business

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2 min read

Small-Businesses-Struggle-Amid-Expanding-US-Tariffs-and-Uncertainty

Small Businesses Struggle Amid Expanding US Tariffs and Uncertainty

Business owners across the United States are facing mounting challenges due to expanding tariffs imposed by the Trump administration, with some fearing for the survival of their companies. Travis McMaster, general manager of Cocoon USA, recalled his attempt to circumvent US-China trade tensions by shifting production to India, only to encounter even higher tariffs on Indian goods. "But I kind of outsmarted myself this time," he admitted. Since August, US tariffs on many Indian imports have reached 50 percent, surpassing the 30-percent duties levied on Chinese products earlier in the year. McMaster was among roughly 100 small business representatives who gathered in Washington to share the detrimental impact of broad tariffs on American enterprises. The group assembled outside the Supreme Court, which is scheduled to hear oral arguments on November 5 regarding the legality of President Trump’s sweeping tariffs. Since resuming office in January, Trump has enacted a 10-percent tariff on goods from most of America’s trading partners, alongside steeper tariffs targeting specific countries such as the European Union and Vietnam. These targeted tariffs have faced legal disputes, while additional duties have been applied to certain sectors, including steel and aluminum. Small business owners report difficulty adapting to the rapidly shifting trade regulations. McMaster emphasized the need for stability: "We need to put a stop to these quick changes. Our business isn’t run on a whim, and our country shouldn’t be either." In August, the US Court of Appeals for the Federal Circuit confirmed that President Trump had exceeded his authority by invoking emergency economic powers to impose widespread tariffs. Despite this ruling, existing tariffs were permitted to remain until mid-October, paving the way for Supreme Court review. Meanwhile, the tariffs have wreaked havoc on small firms’ operations. Michael Buechi, who imports curries and sauces from Thailand, revealed that new tariffs have eroded profit margins to the point where continuing business is unsustainable. "The tariffs that we have to pay now make it basically impossible to continue the business," Buechi said. He has halted new orders from Thailand as uncertainty looms. Tiffany Williams, owner of a luggage store in Texas, highlighted the broader commercial uncertainty. With 17 of the 20 leading brands in her store raising prices, Williams expressed concern about customers rejecting higher retail costs. She stressed the demand for predictable trade policies, stating, "We’ve been asked to weather the short-term pain for the long-term gain, but I’ve just had a hard time seeing exactly what the long term looks like." As the legal battle over tariffs reaches the Supreme Court, small business owners continue to grapple with the economic and operational repercussions of a rapidly changing trade environment.

Business

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3 min read

Cebu-Pacific-Wins-Global-Award-for-Sustainable-Aviation-Financing

Cebu Pacific Wins Global Award for Sustainable Aviation Financing

Cebu Pacific (PSE: CEB) has been internationally recognized after winning the Sustainability Aviation Lease Deal of the Year at the 2025 Airline Economics Sustainability Deals Awards held in London. The accolade highlights the airline’s pioneering sustainability-linked Japanese Operating Lease with Call Option (JOLCO), which financed the acquisition of a new Airbus A321neo delivered in December 2024. The Airline Economics Sustainability Awards celebrate finance and leasing entities that contribute substantially to reducing the carbon footprint in the aviation sector. Cebu Pacific's JOLCO financing arrangement stands out as it is typically limited to a select group of global carriers, making CEB the only low-cost airline in Southeast Asia to secure this innovative funding structure. Mike Szucs, Cebu Pacific’s Chief Executive Officer, accepted the award at the event hosted at the Natural History Museum on Cromwell Road, London. "Sustainability is integral to how we grow as an airline. By linking our financing to sustainability goals, we show that strategy and responsibility can work together. It strengthens the business, allows us to invest in modern fuel-efficient aircraft, and creates value for our customers," stated Mark Cezar, Chief Financial Officer of Cebu Pacific. As part of the agreement, Cebu Pacific has committed to achieving specific, quantifiable targets aimed at lowering the carbon emission intensity of its fleet. Successfully meeting these benchmarks would make the airline eligible for financial incentives, reinforcing its environmental objectives. The Airbus A321neo acquired through the JOLCO deal is a key element in Cebu Pacific’s long-term plan to operate an all-NEO fleet. The aircraft is approximately 20% more fuel-efficient compared to previous models, significantly reducing carbon emissions per flight and advancing the airline’s mission toward decarbonization.

Business

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2 min read

CIFOS-Announces-Second-Shutter-Session-with-Exclusive-MORAC-Access-Day-at-Clark-Speedway

CIFOS Announces Second Shutter Session with Exclusive MORAC Access Day at Clark Speedway

Building on the success of its inaugural Shutter Session held last August, the Clark International Festival of Speed (CIFOS) is set to host its second event: the MORAC Access Day on October 4 at the Clark International Speedway. This initiative is designed to provide photographers, videographers, and creative content producers an exclusive chance to document the thrilling world of two-wheel racing at one of the country’s premier motorsport venues. The first Shutter Session, which took place alongside the PHIMOS four-wheel races, attracted over 40 photographers — marking the largest gathering of visual artists at Clark International Speedway to date. This overwhelming interest underscored CIFOS’s dedication to fostering a dynamic community that celebrates motorsport culture through creative expression. MORAC Access Day invites a diverse group of participants, including freelance photographers, hobbyists, members of motorsports clubs, and social media creators. Attendees will enjoy complimentary entry and official media privileges, including designated trackside shooting windows, exclusive media vests, and welcome kits. "We were amazed by the enthusiasm and talent showcased during our first Shutter Session," stated CIFOS Organizing Director Michaelson Lim. "This upcoming event reflects our ongoing mission to unite the excitement of racing with the passion of artistic storytelling, giving creatives unique access to capture authentic moments on the track." A panel of CIFOS judges will select ten finalists for photography and five for videography, evaluating entries based on creativity, composition, storytelling quality, brand alignment, and the ability to embody the motorsport atmosphere. The top three photographs and two videos will be awarded through public voting, with prizes including ₱10,000 worth of Fun Kart ride coupons valid for one year at Clark Speedway, as well as CIFOS All-Access Passes for both the four-wheel and two-wheel festivals. Registration for MORAC Access Day is free but limited, with a deadline set for September 30. Interested participants may sign up via the registration link at https://forms.gle/djNjcDWM3MyRTTrC9 or through CIFOS’s official Facebook page at www.facebook.com/cifosph.

Business

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2 min read

ABS-CBN-Solidifies-Status-as-Philippines'-Premier-Media-and-Entertainment-Company

ABS-CBN Solidifies Status as Philippines’ Premier Media and Entertainment Company

ABS-CBN has maintained its position as the foremost media and entertainment corporation in the Philippines, providing a diverse range of content across television, radio, digital channels, and film. The company is deeply committed to public service initiatives and the advancement of Filipino values, aiming to inspire and engage audiences both locally and internationally. As a leader in the industry, ABS-CBN continues to foster strong corporate governance, attract investor confidence, and expand its reach through international distribution channels. This multifaceted approach ensures its sustained influence and relevance in an evolving media landscape. ABS-CBN's dedication to meaningful storytelling and community engagement underscores its role not only as a broadcaster but also as a vital cultural institution, connecting Filipinos worldwide through shared narratives and values.

Business

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1 min read

McDonald's-and-RMHC-Launch-50th-Ronald-McDonald-Bahay-Bulilit-Learning-Center-in-Biliran

McDonald’s and RMHC Launch 50th Ronald McDonald Bahay Bulilit Learning Center in Biliran

Naval, Biliran — McDonald’s Philippines, in partnership with Ronald McDonald House Charities (RMHC), has officially opened the 50th Ronald McDonald Bahay Bulilit Learning Center in Barangay Calumpang, Naval, Biliran, marking a significant milestone in their ongoing commitment to early childhood education. The new facility offers vibrant classrooms, a dedicated reading area, a washroom, and sufficient learning materials capable of serving up to 100 children per academic year, all designed to prepare young learners for kindergarten and beyond. The center features a playground and is sustainably powered by solar panels generously donated by RH Solar. Adding local cultural significance, a colorful mural crafted by artist Niño Torcuator portrays the endless creativity of children intertwined with Biliran’s rich heritage. The launch event brought together key stakeholders, including representatives from McDonald’s Philippines, RMHC, Coca-Cola Philippines, RH Solar, and local government officials such as Naval’s Mayor Gretchen Espina and Vice Mayor Nick Arthur Parilla. Families, community volunteers, and residents participated in activities, storytelling sessions, and enjoyed McDonald’s meals to celebrate this shared vision of accessible early learning. Prominent Kindergarten educator and content creator Jess Placencia was also present, captivating young audiences with engaging stories and encouraging a love for learning. Adi Hernandez, Assistant Vice President for Corporate Relations and Impact of McDonald’s Philippines and RMHC Vice President, remarked, "This 50th Bahay Bulilit exemplifies what can be achieved when government, private sector, and communities unite. Although this milestone is a celebration, our mission continues as many Filipino children still lack access to early education. We remain dedicated to expanding our reach." Since its inception in 2002, the Ronald McDonald Bahay Bulilit program has established 50 learning centers nationwide, collectively supporting the education of some 5,000 children annually. For further details on RMHC programs or to contribute, visit rmhc.org.ph. Information about McDonald’s Philippines is available at www.mcdonalds.com.ph, as well as on their social media platforms McDo.ph on Facebook, @mcdo_ph on Instagram, and @McDo_PH on X.

Business

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2 min read

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Jimmy Kimmel Show Suspended Amid Trump Administration’s Licensing Threats Over Critical Coverage

In a controversial development that has intensified the ongoing national debate on free speech, U.S. President Donald Trump applauded the suspension of late-night host Jimmy Kimmel’s show and suggested that television broadcasters critical of his administration should risk losing their licenses. Kimmel faced backlash after his monologue addressing the September 10 shooting of conservative activist Charlie Kirk at a Utah university. The late-night program "Jimmy Kimmel Live," owned by Disney’s ABC network, was pulled indefinitely following pressure from conservative groups and broadcasters. The suspension drew widespread condemnation from entertainers, former President Barack Obama, writers, and civil liberties advocates, who labeled the move as a dangerous concession to unconstitutional government intimidation. Approximately 150 protesters gathered outside the Hollywood studio of Kimmel’s show, carrying signs reading, "Don’t Bend a Knee to Trump," "Resist Fascism," and "Cancel Disney+." Celebrity hosts like Stephen Colbert and Jon Stewart publicly expressed solidarity with Kimmel, critiquing the administration’s apparent crackdown on dissent. During his recent state visit to the United Kingdom, Trump criticized Kimmel directly, labeling him untalented and denouncing his commentary on Kirk. Kimmel had mocked Trump’s handling of the mourning period for Kirk, highlighting what he described as immature behavior by the president. The Chicago-born comedian’s remarks sparked outrage among conservatives allied with Kirk’s supporters. Following the incident, the Federal Communications Commission (FCC) Chair Brendan Carr hinted at regulatory scrutiny of Kimmel’s content, fueling fears of potential reprisal through license revocations—an action that federal law prohibits when based solely on negative coverage. Trump reinforced this stance aboard Air Force One, stating, "That’s something that should be talked about for licensing. … All they do is hit Trump. I would think maybe their license should be taken away. It will be up to Brendan Carr." Media companies, unions, and rights organizations condemned the intimidation, framing it as an attack on the First Amendment. Former President Obama warned, "After years of complaining about cancel culture, the current administration has taken it to a new and dangerous level by routinely threatening regulatory action against media companies unless they muzzle or fire reporters and commentators it doesn’t like." The case spotlights a deepening divide as Republicans defend efforts to counter what they accuse as inflammatory rhetoric, while Democrats and free speech advocates warn against governmental overreach. The controversy over Kirk’s death has polarized public opinion, with supporters mourning a conservative figurehead and critics condemning his divisive rhetoric on immigration, race, and gender issues. Meanwhile, two major local broadcast owners with pending mergers before the FCC—Nexstar and Sinclair Broadcast Group—have ceased airing Kimmel’s program, illustrating the broad industry impact of the dispute. Inside Disney, CEO Bob Iger and Entertainment Co-Chair Dana Walden made the decision to suspend the show amid mounting political and commercial pressures. As the nation grapples with the implications for free speech and media independence, observers remain attentive to the evolving FCC role and the future landscape of broadcast content regulation.

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3 min read

Consumer-Group-Opposes-Proposed-Cement-Tariff-Citing-Risk-of-Price-Surge

Consumer Group Opposes Proposed Cement Tariff, Citing Risk of Price Surge

The United Filipino Consumers and Commuters (UFCC) has voiced strong concerns over a proposed tariff on imported cement, warning that the additional cost will ultimately be shouldered by consumers. The group is urging the government to withdraw the planned safeguard duty of ₱400 per ton—equivalent to ₱16 per 40-kilogram bag—on ordinary Portland and blended cement imports. The Department of Trade and Industry (DTI) is set to impose the tariff for a three-year period following an investigation conducted under Department Administrative Order 25-01. According to the DTI, the influx of imported cement has negatively affected the local cement industry, justifying the need for protective measures. However, UFCC president RJ Javellana countered that the additional tariff will translate to higher retail prices as businesses pass the cost onto consumers. He stated, "The ₱16 increase per bag of cement will ultimately burden the poor consumers. This is simply a pass-through mechanism used by businesses." Javellana also warned that the hike in cement prices could trigger a ripple effect across related construction materials. "When the price of cement or steel moves, the prices of nearly all other products in hardware stores generally follow," he explained. Highlighting broader economic concerns, Javellana cautioned that higher cement costs could exacerbate inflation, urging policymakers to balance the need to protect local manufacturers with the imperative of shielding consumers from undue cost increases. "The main beneficiaries of this tariff will be large companies capable of manipulating cement prices," he added. "We reject the cement cartel! It's obvious that those who stand to gain are the ones who can manipulate prices, especially in an unfair business environment." He further expressed fears that such tariffs could empower cartels to tighten their control over the market. "This move will only strengthen the cement cartel's influence over price setting in the market, similar to past instances," Javellana concluded.

Business

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2 min read

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Lufthansa Technik Philippines and Philippine Airlines Mark 25 Years of Strategic Partnership

In an industry often marked by rapid change and fleeting partnerships, Lufthansa Technik Philippines (LTP) and Philippine Airlines (PAL) have reached a significant milestone—25 years of continuous collaboration as of this September. This enduring alliance reflects a strong foundation of trust, technical expertise, and a mutual commitment to safety. Starting in 1995 as a strategic partnership focused on maintenance, repair, and overhaul (MRO) services, the relationship between LTP and PAL has become one of the longest-standing collaborations in Asia’s aviation landscape. For Philippine Airlines, this partnership has meant access to top-tier technical services within the country, eliminating the need to outsource critical maintenance overseas. Conversely, Lufthansa Technik gained a crucial presence in an expanding aviation market through this association. Over the years, Lufthansa Technik Philippines has provided comprehensive support for PAL’s diverse fleet, including Airbus A330s, A340s, Airbus A320 family aircraft, and Boeing 777s. The company’s Manila facilities have been instrumental in conducting heavy base maintenance, aircraft modifications, cabin refurbishments, and intricate component repairs, all contributing to PAL’s reliable and safe operation. Despite facing significant challenges such as economic recessions and the global pandemic, both LTP and PAL remained steadfast in their partnership. Holger Beck, President and CEO of Lufthansa Technik Philippines, emphasized, "It’s a partnership built on trust, mutual respect, and dedication to safety." Echoing this, PAL President Richard Nuttall stated, "LTP has been a vital partner in upholding the safety and reliability that define our airline. Their support enables us to pursue global excellence while ensuring comfort and care for every passenger." As Philippine Airlines advances its fleet modernization plans, the collaboration with Lufthansa Technik Philippines continues to be a cornerstone of its strategy. The 25-year milestone not only celebrates their past achievements but also signals a continued journey towards innovation and growth in the aviation sector.

Business

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2 min read

GMA-Pictures-Begins-Production-on-New-Horror-Film-"Huwag-Kang-Titingin"

GMA Pictures Begins Production on New Horror Film "Huwag Kang Titingin"

GMA Pictures has officially started shooting for their upcoming horror film, "Huwag Kang Titingin," co-produced with Mentorque Productions Inc. The production team recently shared images on X (formerly Twitter) showcasing a cast that includes Sofia Pablo, Allen Ansay, Marco Masa, Michael Sager, Sean Lucas, Josh Ford, Charlie Fleming, Kira Balinger, Anthony Constantino, as well as Shuvee Etrata and Sherilyn Reyes. In the announcement, GMA Pictures remarked, \"Scary season starts now. Excited na ba kayong makipagtakutan?\" signaling the beginning of the film's intense and thrilling filming phase. The project was formalized last month during a contract signing event between GMA Pictures and Mentorque Productions. Directed by Frasco Mortiz, the movie aims to deliver a novel take on Filipino horror by combining a Gen Z-centered narrative with elements drawn from local folklore and viral internet trends. Beyond the traditional jump scares and suspense, the film endeavors to create a meaningful connection with audiences through emotional depth and cultural relevance, offering a distinctive cinematic experience within the genre. With production underway, viewers can anticipate a fresh and culturally grounded horror story that resonates with contemporary and local themes.

Business

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1 min read