Fuel price hike reaching up to P1.40 per liter will take effect today, January 7, 2025. TINA PANGANIBAN-PEREZ/FILE PHOTO

Oil firms open 2025 with major pump price hike

MOTORISTS will have to pay more for petroleum products this week, as retailers yesterday, January 6, announced a major pump price hike to open...
The Sugar Regulatory Administration's (SRA) Sugar Order (SO) No. 6 released on Jan. 2, 2025 slapped a clearance fee of P3 per 50-kilogram bag or P60 per metric ton on imported “sugars” and “sugar confectionery”. INQUIRER.NET FILE PHOTO

Fees levied on imported sweeteners

BUSINESSES that are shipping in sugar alternatives from abroad now have to pay fees and are required to secure import permits that would help...
Some of the tumblers reportedly contain toxic materials. The EcoWaste Coalition on Sunday, Jan. 5, 2025, warned about the potential health risks of lead exposure from painted stainless steel water tumblers sold in the market. PHOTO COURTESY OF ECOWASTE COALITION

EcoWaste Coalition warns against toxic lead in painted tumblers

A NON-GOVERNMENT organization issued a warning on Sunday, January 5, about the potential health risks of lead exposure from painted stainless steel water tumblers...
Latest data from the Bangko Sentral ng Pilipinas show that the share of digital payments in total retail payment transactions in the country grew to 52.8 percent in 2023, from 42.1 percent in 2022. INQUIRER.NET/STOCK PHOTO

BSP to liberalize e-money issuance

THE Bangko Sentral ng Pilipinas (BSP) is now ready to welcome more nonbank electronic money issuers in a bid to promote digital payments and...
“Through collaboration with partners that share our vision and efficient revenue generation efforts, the Bases Conversion and Development Authority (BCDA) wrapped up 2024 as another banner year for the organization, sustaining good financial performance over the years,” says BCDA President and Chief Executive Officer Joshua Bingcang. BCDA PHOTO

BCDA ends 2024 with P11-B revenues; aims to sustain over P10-B in 2025

THE Bases Conversion and Development Authority (BCDA) closed 2024 with gross revenues of P11.3 billion, up 3 percent from P10.9 billion in 2023. In a...
Photo courtesy of Jire Carreon/Rappler

BSP sees higher BOP surplus in 2024-2025

THE Bangko Sentral ng Pilipinas (BSP) said the country's balance of payments (BOP) surplus is expected to post a bigger surplus for both 2024...
The Department of Agriculture will consult wholesalers and retailers regarding its plan to put a stop to the practice of rice being labeled as either "premium" or "special" in the markets. PN FILE PHOTO

DA eyes stopping labeling of rice as special, premium

THE Department of Agriculture (DA) is considering putting a stop to the practice of rice being labeled as either "premium" or "special" in the...
With beautiful skyscrapers rising proudly in Iloilo Business Park, these residential condo developments from Megaworld help lend more character and charm into the iconic modern skyline of the Iloilo City.

Gov’t reduces hike in monthly rent for residential units

THE National Human Settlements Board (NHSB) has set a maximum 2.3 percent increase in rental for residential units with a monthly rate of P10,000...
The United Nations’ Food and Agriculture Organization overall Food Price Index in 2024 averaged 122.0 points, 2.6 points or 2.1 percent lower than the average value in 2023. PHOTO COURTESY OF GMA NEWS ONLINE

World food prices dip 2 percent in 2024 – FAO

WORLD food commodity prices declined by 2.1 percent in 2024 compared to the previous year, the Food and Agriculture Organization (FAO) of the United...
The Ninoy Aquino International Airport handled 50.1 million passengers in 2024, a 10.43% increase from 2023. PNA FILE PHOTO

NAIA passengers hit record high 50.1 million in 2024

THE Ninoy Aquino International Airport (NAIA) saw a double-digit increase in passengers in 2024, surpassing pre-pandemic levels and reaching a fresh record high, which...