Philippines exits EU ‘high-risk’ dirty money list

THE European Commission removed the Philippines from its list of jurisdictions with “high risk” of money laundering and terrorism financing. The EU also delisted Barbados,...
The Bangko Sentral ng Pilipinas says approved foreign borrowings have medium- to long-term maturities.

FDI net inflows reach $498-M in March

NET inflows of foreign direct investments (FDIs) reached USD498 million in March this year, the Bangko Sentral ng Pilipinas (BSP) said. Data released on June...
Hotel101 Global and MATCH Hospitality sign a 10-year agreement designating Hotel101 Madrid as the official hotel accommodation partner for the Formula 1 Spanish Grand Prix to be held in Madrid, Spain from 2026 to 2035.

Hotel101-Madrid designated as official hotel partner for Formula 1 Spanish Grand Prix

HOTEL101 Global, a subsidiary of DoubleDragon Corporation, announced that Hotel101 Madrid has been designated as official hotel accommodation partner for the Formula 1 Spanish...
The Department of Tourism’s move to increase security for foreign visitors in the country helped in boosting the tourist arrival numbers. File photo shows South Korean actor Lee Jong Suk arriving at NAIA Terminal 1 on April 15, 2023. MANILA INTERNATIONAL AIRPORT AUTHORITY PHOTO

Korean tourists still top PH arrivals in 2024

SOUTH Korean nationals remained the Philippines’ biggest source of arrivals in 2024, according to the Bureau of Immigration (BI). The BI yesterday said a total...
Data from the Bangko Sentral ng Pilipinas shows that the gross amount of nonperforming loans in April 2025 was 8 percent higher compared with a year ago, but was flattish compared to the preceding month’s level. INQUIRER FILE PHOTO

BSP: Banks’ bad loans rose to 5-month high in April 2025

BAD debts held by local banks rose to a five-month high in April this year, as joblessness and weak demand conditions might have crimped...
The Department of Foreign Affairs says the visa-free privileges for Indian nationals may be availed of at any Philippine port of entry. PHOTO COURTESY OF ABS-CBN News

PH grants visa-free travel for Indian nationals to boost tourism

THE Philippines is offering visa-free travel privileges to Indian nationals to enhance tourism arrivals in the country, the Department of Foreign Affairs (DFA) said...

PSE accounts up 50%, hit 2.86 million in 2024

STOCK market accounts in the Philippine bourse surpassed the two-million mark in 2024, with millennials and Gen Z making up the majority group of...
The Philippine peso improves to 55.62 against the US dollar on June 6, 2025 from 55.77 the day prior. Japan’s MUFG Bank also anticipates the peso to appreciate to 54.50 against the US dollar by the first quarter of 2026. PHOTO COURTESY OF INQUIRER.NET

Philippine market tagged best in SE Asia on slowing inflation

THE Philippines is the most favorable among emerging markets in Southeast Asia because of easing inflation and a stronger peso. In its Regional Market Outlook...
The Department of Agriculture in August 2024 inoculated pigs in Lobo, Batangas — a municipality with one of the highest cases of African Swine Fever (ASF). The inoculation was part of the controlled trial of Vietnam-made ASF vaccine. DEPARTMENT OF AGRICULTURE PHOTO

DA sees ASF vaccine released by Q3 2025

THE Department of Agriculture (DA) yesterday said it is optimistic that the vaccines against the African Swine Fever (ASF) will be released by the...

Fuel prices up anew by almost P1/liter

LOCAL prices of petroleum products continue their uptrend, increasing by almost P1 a liter beginning today, oil companies announced. In separate advisories yesterday, Shell Pilipinas,...