DoubleDragon income surges to P2.05 billion in Q1 2025

DOUBLEDRAGON Corporation reported consolidated net income of P2.05 billion for the first three months of this year – 245% higher than its revenue in...
Fuel firms will increase the prices per liter of diesel by P1.70, and gasoline and kerosene by P1.20 today, May 20, 2025. INQUIRER.NET PHOTO

Fuel prices to increase big time today

MOTORISTS should brace for higher retail prices of petroleum products beginning today as oil companies announced Monday big time price hike. In an advisory, Petron,...
Photo shows a typical sari-sari store in the Philippines, where consumers are increasingly opting for smaller, more frequent purchases amid rising cost of living. PHOTO COURTESY OF INQUIRER.NET

Study: Filipinos spent less at ‘sari-sari’ stores in 2024

AVERAGE monthly spending at sari-sari stores continued its decline in 2024, as consumers increasingly opted for smaller, more frequent purchases to stretch their limited...
Data from the Bangko Sentral ng Pilipinas, led by Governor Eli Remolona Jr., showed that the gross amount of nonperforming loans — or credit that is 90 days late on a payment and at risk of default — had cornered 3.3 percent of the local banking sector’s total lending portfolio. INQUIRER FILE PHOTO

Banks’ bad loan ratio eases to 3-month low

BAD loans held by Philippine banks declined to a three-month low in March this year, as the ongoing interest rate-cutting cycle of the Bangko...
Sari-sari store owner Vilma Guray deposits her coins in the coin deposit machine. The Bangko Sentral ng Pilipinas has collected more than P1.308 billion through its coin deposit machines as of Feb. 15, 2025. BANGKO SENTRAL NG PILIPINAS PHOTO

BSP to temporarily suspend coin deposit machines operation

THE Bangko Sentral ng Pilipinas (BSP) will temporarily suspend the operation of coin deposit machines (CoDMs) to review how to re-circulate idle coins. In an...

May FREE Health Insurance kada load mo!

Malayo na ang mararating ng load mo dahil sa Buy Load sa GCash, pwede ka nang magkaroon ng insurance! Minsan, hindi maiiwasan ang magkasakit habang...
The Bangko Sentral ng Pilipinas says that the total resources of banks and non-bank financial institutions amounted to P34.29 trillion in March 2025. PHOTO COURTESY OF INQUIRER.NET

PH financial sector’s resources up in March

THE Philippine financial sector's total resources increased by 6.7 percent as of end-March this year, data from the Bangko Sentral ng Pilipinas (BSP) showed. Data...
The Bangko Sentral ng Pilipinas says that the total resources of banks and non-bank financial institutions amounted to P34.29 trillion in March 2025. PHOTO COURTESY OF INQUIRER.NET

Gov’t data: P2.90-T PPP projects in the pipeline

THE Philippines has 185 projects worth P2.90 trillion currently in the pipeline to be undertaken by the government and the private sector, latest data...
The Department of Transportation reminds passengers to be mindful of their own passports: "You should also be held responsible for your own document.” PHOTO COURTESY OF ABS-CBN NEWS

DOT hopes for ASEAN visa for smoother tourism

THE Department of Tourism (DOT) hopes for the implementation of an Association of Southeast Asian Nations visa to promote tourism among countries in the...
The Philippines aims to attract “respectful tourists” who contribute positively to local communities through sustainable tourism practices, according to the Department of Tourism. Photo shows the Twin Lagoon in Coron, Palawan. PHOTO COURTESY OF JOHN MICHAEL HUBAG

PH positioned as appealing digital nomad destination in Thailand

THE Department of Tourism (DOT) has invited digital nomads and long-stay travelers to visit the Philippines, touting its English-speaking population that makes travel for...