General

PH exceeds GNI per capita target in 2023

MANILA: The Philippines exceeded its Gross National Income (GNI) per capita target for 2023 under the Philippine Development Plan (PDP) 2023-2028 and is on track to becoming an upper middle-income country in the next two years, National Economic and D…

General

Banks’ non-performing loan ratio up in May

MANILA: The Bangko Sentral ng Pilipinas (BSP) said the proportion of non-performing loans (NPLs) of Philippine banks to their total loans settled at 3.57 percent in May this year.

Data released by the BSP late Wednesday showed that the NPL ratio duri…

General

PBBM vows improved Samar highway in 2025

TACLOBAN CITY: President Ferdinand R. Marcos Jr. on Friday assured the immediate repair of damaged sections of the primary highway in Samar province with the allocation of PHP1.4 billion this year.

Speaking to officials and residents of Samar Island …

General

Cops seize almost P6-M shabu in Bacolod sting operations

BACOLOD CITY: Police drug enforcement teams seized PHP5.94 million in shabu in various buy-bust operations across Bacolod City Wednesday and Thursday, reports showed.

In Barangay Singcang-Airport Wednesday night, operatives of Bacolod City Police Off…

General

PSEi back to 6,500-level, peso strong

MANILA: The local bourse continued to strengthen, returning to the 6,500 level, while the Philippine peso also gained against the US dollar on Thursday.

The Philippine Stock Exchange index (PSEi) gained 0.89 percent closing at 6,507.49, with All Shar…