Probe on unauthorized GCash deductions to be completed December

Anna Leah Gonzales - Philippine News Agency 11/20/2024

CEBU, Philippines – The Bangko Sentral ng Pilipinas (BSP) investigation on unauthorized deductions in mobile payment provider GCash is expected to be completed by the second week of December. “We want to be thorough in this because…

DTI releases 2024 Noche Buena products price guide

Anna Leah Gonzales - Philippine News Agency 11/20/2024

MANILA – The Department of Trade and Industry (DTI) has released the 2024 Noche Buena products price guide, noting many of these essential items have remained at their 2023 prices while others have even decreased. In a…

Balamban solar facility among 3 new economic zones approved

Alden M. Monzon 11/19/2024

A solar facility in Balamban town, western Cebu was among the three newly approved economic zones. The Philippine Economic Zone Authority (Peza) on Monday said it had approved the registration of three new economic zones that are…

Peso could drop to 59; BSP plans intervention

Philippine Daily Inquirer 11/19/2024

A peso depreciation to record-low 59:$1 “looks likely” as the currency continued to be overpowered by a rallying dollar, although a deeper fall beyond that level is unlikely as the Bangko Sentral ng Pilipinas (BSP) stands ready…

Danao City inks sisterhood agreement with Japan’s Kashima City

Niña Mae C. Oliverio 11/17/2024

CEBU CITY, Philippines — The local government of Danao in northern Cebu and Kashima City in Japan have strengthened their partnership through a sisterhood agreement. The officials of Kashima City led by Shinichi Taguchi visited Danao City…

October inflation in Cebu rises to 2.8% as typhoon effects, food costs take their toll

Niña Mae C. Oliverio 11/17/2024

CEBU CITY, Philippines — After observing a significant downtrend in the inflation rate in September 2024, Cebu Province’s inflation rate accelerated to 2.8 percent in October, as reported by the Philippine Statistics Authority Cebu (PSA-Cebu). PSA Cebu…

OFW remittances hit $3.34 billion in September

Alden Monzon - @inquirerdotnet 11/16/2024

Overseas Filipinos’ remittances grew by 3.2 percent in September, matching August’s growth and marking the second-fastest rate this year. According to the Bangko Sentral ng Pilipinas (BSP), remittances reached $3.34 billion, up from $3.23 billion in September…

PH investments surge over 500% in Q3, driven by local investors

Alden Monzon - @inquirerdotnet 11/15/2024

Philippine government-approved investments surged over sixfold in the third quarter of this year, with nearly 75 percent coming from local investors. According to the Philippine Statistics Authority (PSA), total approved investments from foreign and Filipino sources reached…

Trump’s plans likely won’t lower grocery bills – experts

Associated Press 11/15/2024

Americans are fed up with the price of food, and many are looking to President-elect Donald Trump to lower their grocery bills. Trump often railed on the campaign trail against hefty price increases for bacon, cereal, crackers…

Aboitiz InfraCapital gets 5-star BERDE District certification

Niña Mae C. Oliverio 11/14/2024

CEBU CITY, Philippines — The Aboitiz InfraCapital (AIC) Economic Estates is empowered to do more as they reinforced their commitment to sustainable development and excellence after receiving a 5-star BERDE District Certification across all of their operating…

Survey: Filipino firms invest in AI, yet many struggle to harness its power

Tyrone Jasper C. Piad - @inquirerdotnet 11/14/2024

Most Filipino companies are investing in artificial intelligence (AI), but only a few are prepared to fully use its potential, according to a survey by global tech firm Cisco. Cisco revealed on Wednesday that 65% of local…

Inflation rate in C. Visayas for October 2024 rises to 2.9% — PSA

Niña Mae C. Oliverio 11/13/2024

CEBU CITY, Philippines — After observing a drop in the inflation rate last September, Central Visayas saw an increase of up to 0.8 percent in October this year. According to the Philippine Statistics Authority in Central Visayas…

Previous           Next
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.