BusinessWorld Publishing Corporation

VAT on non-resident digital service providers might increase subscription prices. Would this be a deal-breaker for you?

Spotlight | McDonald’s Philippines secured multiple Gold Awards for its standout campaigns, “Night Classroom” and “Ride the Arches.” Read: https://lnkd.in/gM-JAkJX

Spotlight | Global Dominion launches the Global Dominion Awards 2025, which is set to recognize the most innovative and fastest-growing SMEs. Read: https://lnkd.in/guZH_phu

BusinessWorld Research was honored with the Best Media Statistical Infographic award by the Philippine Statistics Authority during the 35th National Statistics Month (NSM) Media Awards on Tuesday. The recognition was for their infographic titled “How Minimum Wages Compared Across Regions in May (after accounting for inflation).”

AMBASSADOR LEEHIONG T. WEE’S life story exemplifies the power of perseverance, vision, and entrepreneurial spirit. https://lnkd.in/gy7892Uz

THE BANGKO SENTRAL ng Pilipinas (BSP) may cut by a total of 100 basis points (bps) in the last three months of 2024, Fitch Solutions’ unit BMI said, amid a downtrend in inflation and the start of the US Federal Reserve’s own easing cycle. https://lnkd.in/gy_AKe2q

The move is expected to directly benefit 905,000 minimum wage earners across the three regions, starting on Oct. 17, the DoLE said in a statement. https://lnkd.in/gd7YWp9K

President Ferdinand R. Marcos, Jr. on Wednesday signed into law a bill taxing nonresident digital service providers (DSP) including Netflix and Amazon, from which it expects to collect P100 billion in the next five years. https://lnkd.in/geK46d_E

The International Monetary Fund (IMF) trimmed its economic growth forecasts for the Philippines as elevated inflation is likely to continue weighing on domestic demand. https://lnkd.in/g-JUunpX

Flooding seems to have become a part of life for many of our fellow citizens in various areas of Metro Manila and nearby provinces. Despite the country having spent trillions on numerous flood management projects, Filipinos still suffer the seemingly endless flooding problem, as pointed out by several senators during a hearing after the devastation caused by Typhoon Carina. With this pressing issue, we spoke with Mr. Felino “Jun” A. Palafox, Jr., a renowned Filipino urban planner and architect. In this B-Side episode, Mr. Palafox explains the primary factors behind Metro Manila’s flooding problem and his recommendations to resolve it. Listen: https://lnkd.in/gCTmcqGh