Just days after users reported unauthorized deductions from their accounts, popular e-wallet platform GCash faced another issue. On Friday afternoon, the Ayala-backed company announced that its bank transfer feature via BancNet was experiencing problems, though the cause…
WASHINGTON – With nearly 4.2 million Filipinos in the United States, the contributions of Filipino Americans to US society are vast, diverse and deeply woven into the fabric of American life. Yet, beneath this visible community, a…
Philippine inflation rose to 2.3 percent in October, driven by higher food and nonalcoholic beverage prices and a slower decrease in rice prices, according to the Philippine Statistics Authority (PSA). Preliminary PSA data showed inflation, measured by…
The Philippine government’s debt reached a record P15.89 trillion at the end of September, as officials borrowed more locally and internationally to cover the budget deficit. The Bureau of the Treasury reported on Wednesday that this marked…
MANILA, Philippines — Former President Rodrigo Duterte’s past calls to kill drug suspects and “ninja cops” loom over his expected Senate appearance today, where he may face questions about the violent tactics of his drug war. Senator…
The local stock market regained the 7,400 level on Thursday, boosted by positive expectations for the country’s economic growth. By the end of the day, the Philippine Stock Exchange Index (PSEi) rose 1.31%, or 96.12 points, to…
MANILA, Philippines — Police Brig. Gen. Nicolas Torre III, the Davao regional police director who led the operation to capture Apollo Quiboloy, has been appointed acting director of the Philippine National Police’s Criminal Investigation and Detection Group…
MANILA, Philippines — President Marcos is set to sign a bill on Monday that will protect the rights and welfare of about 500,000 Filipino seafarers, Senate President Francis Escudero said. “This law ensures that no Filipino seafarer…
MANILA, Philippines — Dismissed Bamban Mayor Alice Guo posted bail for graft on Friday in the Valenzuela Court. Her lawyer, Atty. Stephen David, confirmed the bail amount was P540,000. However, the arraignment was postponed due to a…
The Philippine Stock Exchange Index (PSEi) closed nearly unchanged on Wednesday at 6,882.12, down 0.01% (0.80 points), following a sharp drop in US markets as investors worried about a potential global economic slowdown. The broader All Shares…
Government debt reached a new high of P15.69 trillion at the end of July, mainly due to new government securities and project loans. The increase was slightly offset by a stronger peso, according to the Bureau of…
Motorists will face higher fuel prices starting Tuesday. After several rollbacks, oil companies announced on Monday that they will raise prices by about P1 per liter this week. READ: Fuel price hike seen next week In separate…
