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Timeless Traditions at Dusit Thani Manila
BusinessWorld Economics and Business

Timeless Traditions at Dusit Thani Manila

This festive season, Dusit Thani Manila invites guests to celebrate the most wonderful time of the year through Timeless Traditions, a thoughtfully curated collection of experiences that embody the joy, warmth, and elegance of the holidays.

From luxurious stays and exquisite dining to serene spa indulgences, each moment is designed to bring loved ones together in the spirit of gratitude and celebration.

Immerse yourself in the beauty of the season with exclusive room packages designed to make your holidays truly unforgettable.

Starting at PHP 6,800++ for Dusit Gold members, this offer includes buffet breakfast for two adults and two children (11 years old and below), a charming festive keepsake, and a 20% discount on buffet dining (excluding Dec. 24-25 and Jan.

1).

Welcome 2026 in style with rates from PHP 11,050++ per room per night for Dusit Gold members.

The package includes breakfast for two adults and two children, two entrance tickets to the New Year’s Eve Countdown Party, and a special New Year turn-down amenity — all designed to make the transition to the new year truly memorable. From

9 p.m. to 2 a.m. on Dec. 31, 2025, join us for an unforgettable countdown experience featuring VIP tables, premium beverages, and festive bites in an elegant setting. Php

22,000 net (Table of 4) | Php 30,000 net (Table of 6) Incl

udes a bottle of champagne, unlimited red or white wine, premium spirits, beer, sodas, and chilled juices, complemented by a charcuterie platter Php

TV5 serves ABS‑CBN termination notice for content supply deal
BusinessWorld Economics and Business

TV5 serves ABS‑CBN termination notice for content supply deal

ABS‑CBN Corp. said it has received a notice of termination from TV5 Network, Inc. for their television content supply agreement. In

a statement on Thursday, ABS-CBN said it “deeply regrets that this action has been taken at this critical juncture in our recovery.” “We ha

ve sought additional time to resolve this matter and are working urgently within the thirty-day period we have been given,” the network added. It said th

e “amounts and manner of the claims remain disputed,” and denied any suggestion of deliberate payment delays. “There is no t

ruth to any insinuation that ABS‑CBN willfully delayed payment,” the company said. The network said tha

t the financial constraints underlying the issue stem from its previous loss of broadcast franchise, which “significantly reduced” its revenues and caused continued losses. At the same time, ABS‑CB

N said its transformation into a storytelling company has shown “steady performance improvement.” ABS‑CBN said it remains open t

o “fair and reasonable solutions” and will continue to find ways to reach audiences should the partnership officially end. TV5 Network is part of MediaQuest Ho

ldings, Inc., whose unit Hastings Holdings, Inc. — under the PLDT Beneficial Trust Fund — holds a majority stake in BusinessWorld through the Philippine Star Group.– Arjay L. Balinbin

Villar Land Holdings Corp. to hold virtual Annual Stockholders’ Meeting on Dec. 29
BusinessWorld Economics and Business

Villar Land Holdings Corp. to hold virtual Annual Stockholders’ Meeting on Dec. 29

Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by publishing their stories on the BusinessWorld Web site. For

more information, send an email to online@bworldonline.com. Join

us on Viber at https://bit.ly/3hv6bLA to get more updates and subscribe to BusinessWorld’s titles and get exclusive content through www.bworld-x.com. var bw

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BSP: Slow growth raises rate cut odds
BusinessWorld Economics and Business

BSP: Slow growth raises rate cut odds

THE PHILIPPINE ECONOMY will likely undershoot the target this year amid spending cuts and weak investor sentiment due to the graft scandal, increasing the possibility of further easing this month, Bangko Sentral ng Pilipinas (BSP) Governor Eli M.

Remolona, Jr. said.

Speaking to reporters at the BSP head office in Manila, Mr.

Remolona said gross domestic product (GDP) growth could settle between 4% and 5% by yearend, well-below the government’s 5.5-6.5% goal. As

ked if this raises the odds of a rate cut at its Dec. 11 meeting, Mr. Re

molona said: “Yeah, most definitely. But

it’s not assured.” The BSP

in October reduced the benchmark interest rate by 25 basis points (bps) for a fourth time in a row, bringing borrowing costs to an over three-year low of 4.75%. It has s

o far delivered a total of 175 bps in cuts since it began its easing cycle in August 2024. The Phil

ippine economic outlook has been clouded by a corruption scandal involving anomalous government projects. This has