Bill Gates speeds up giving away fortune, blasts Musk

05/09/2025

NEW YORK, United States — Microsoft co-founder Bill Gates announced Thursday an accelerated time frame for giving away his fortune. At the same time, he touted artificial intelligence as a game-changer to boost public health and save…

Romualdez: PH economy doing good under Marcos’ ‘competent hands’

Gabriel Pabico Lalu - @inquirerdotnet 05/08/2025

TACLOBAN CITY, Leyte — House Speaker Ferdinand Martin Romualdez and Albay 2nd District Rep. Joey Salceda believe that the country’s economy is still doing good under the Marcos administration, as gross domestic product (GDP) grew by 5.4…

PH jobless rate inches up to 3.9% in March, as job quality worsens

Ian Nicolas P. Cigaral - @inquirerdotnet 05/08/2025

MANILA, Philippines — The Philippines’ unemployment rate hardly moved in March but the quality of available jobs had deteriorated, as the kind of employment generated by the election season might not be enough for many households to…

Slower than expected: PH economy grows by 5.4% in Q1

Ian Nicolas P. Cigaral - @inquirerdotnet 05/08/2025

MANILA, Philippines — The Philippine economy grew below market expectations in the first quarter, which the Marcos administration described as a “measured start” amid tariff-induced global headwinds. Gross domestic product (GDP), or the sum of all products…

Chinabank to sell Cebu casino property once owned by Dennis Uy

Meg Adonis - Reporter / @MegINQ 05/05/2025

MANILA, Philippines — China Banking Corp. (Chinabank) will sell a 12.4-hectare beachfront property in Cebu province, where the casino of Dennis A. Uy-led PH Resorts Group Holdings Inc. (PHR) was supposed to rise, until the company faced…

Why soaring coffee prices could be a blessing for Filipino farmers

Jordeene B. Lagare - @inquirerdotnet 05/04/2025

MANILA, Philippines — Consumers may soon pay more for their daily cup of joe as supply woes brew in the global market—but this could be a blessing in disguise for Filipino coffee farmers who now have greater…

Filinvest Group at 70: A growing legacy of making Filipino dreams a reality 

05/03/2025

Seventy years ago, a young couple, with a shared entrepreneurial spirit and vision for progress, made it their life’s mission to create opportunities for everyday Filipinos. What started as a small financing business has grown into one…

PH inflation likely inches up despite lower food, oil prices

Ian Nicolas P. Cigaral - @inquirerdotnet 05/02/2025

MANILA, Philippines — Inflation might have slightly quickened in April as lower oil and food prices were likely offset by higher electricity bills and train fares. An Inquirer poll of 10 economists yielded a median estimate of…

Strong peso hits 55-level against US dollar

Ian Nicolas P. Cigaral - @inquirerdotnet 05/01/2025

MANILA, Philippines — The Philippine peso appreciated to the 55-level for the first time in over seven months on Wednesday, as the greenback continued to be vulnerable to shocks emanating from US President Donald Trump’s erratic trade…

PH tax revenues up 14% to P931.5B in Q1 2025

Ian Nicolas P. Cigaral - @inquirerdotnet 04/30/2025

MANILA, Philippines – The Marcos administration posted a double-digit tax collection growth in the first quarter on the back of stronger tax administration, which was boosted by the government’s digitalization efforts. Latest data from the Department of…

Central Visayas: Cebu, Bohol continue to grow region’s economy in 2024

Niña Mae C. Oliverio 04/23/2025

CEBU CITY, Philippines — With only Cebu and Bohol remaining as part of Central Visayas, the region’s economy continued to grow in 2024, data from the Philippine Statistics Authority (PSA-7) showed. On Tuesday, PSA-7 revealed during the…

Tech Week PH 2025 powers Cebu’s digital growth, supporting Visayas enterprises with autonomous networks

Irene J. Comision 04/22/2025

The transformative power of technology is undeniable, continually improving operations and enhance lives worldwide. Cebu, a dynamic city outside Metro Manila, is strategically positioning itself at the forefront of this digital revolution. Cebu hosted the second leg…

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