Philippines climbs in property rights ranking

The Philippines went up a notch to 83^rd out of 126 countries in the 2025 International Property Rights Index (IPRI) by think tank Property Rights Alliance.

Out of 10, the country scored 4.276, below the global average of 5.131 and remained the lowest among its peers in the East and Southeast Asian region.

The index measures property rights using three pillars: legal and political environment, physical property rights, and intellectual property rights.

The Philippines went up a notch to 83^rd out of 126 countries in the 2025 International Property Rights Index (IPRI)

Source: Business World

Prices of Noche Buena items climb in 2025

The general increase of the Noche Buena items, as measured by the basket’s price index, rose by 1.8% annually this year, a turnaround from the 0.2% decline last year.

This brought the average price hike of the basket to 2.3% from 2012 to the present.

Since 2011, the Noche Buena price index has climbed by 27.3%.

BusinessWorld has been monitoring the annual price changes of the Noche Buena items through a price index that gauges how fast (or slow) the price of this representative basket of goods has risen (or fallen) over the years.

The prices of goods are based on the Department of Trade and Industry’s (DTI) list of suggested retail prices, where the earliest available data date back to 2011.

Source: Business World

Philippines edges up in rule of law

The Philippines inched up three places to 97^th out of 143 countries and jurisdictions in the 2025 edition of the World Justice Project’s (WJP) Rule of Law Index. It was the country’s best ranking in five years. However, it remained one of the laggards in the region.

Source: Business World