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Philippines foreign investments yield net outflows in March

MANILA, May 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 236 million U.S. dollars in March, the Philippine central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in March resulted from the 1.6 billion dollars in gross outflows and 1.4 billion dollars in gross inflows for the month. "The recorded net outflows are a reversal.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

Economic Cha-cha to boost FDI – BSP

Amending the restrictive economic provisions in the 1987 Constitution will likely attract more foreign investments in the country and stimulate economic growth, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

Striking drivers, operators face financial woes

For single-unit operators like Chel Mallonga, 45, the impact of the government’s Public Utility Vehicle Modernization Program (PUVMP) would be drastic. Once consolidation pushes through, single-unit operators will no longer be granted franchises. The post Striking drivers, operators face financial woes appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 17th, 2024

Natural farming ‘solution’ to woes of farmers hit hard by extreme weather

Natural farming ‘solution’ to woes of farmers hit hard by extreme weather.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 9th, 2024

Natural farming ‘solution’ to woes of farmers hit hard by extreme weather

Natural farming ‘solution’ to woes of farmers hit hard by extreme weather.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 9th, 2024

Samal residents rally vs power woes

Electricity consumers in the Island Garden City of Samal in Davao del Norte province joined an interfaith prayer rally over the weekend to protest the continued power woes in their area......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

DOH assures uninterrupted healthcare despite potential water, power woes

“We are ready for El Niño. Our hospitals will stay up and running despite anticipated power and water challenges. There are contingency plans in place,” Health Secretary Teodoro Herbosa said. .....»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

Bunye: BSP changes FX rules for foreign investments to make them easier

Bunye: BSP changes FX rules for foreign investments to make them easier.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Approved foreign investments into Philippines up 127.2 pct in Q4 of 2023

MANILA, Feb. 15 (Xinhua) -- The approved foreign investments into the Philippines in the fourth quarter of 2023 reached 394.45 billion pesos (roughly 7 billion U.S. dollars), marking a year-on-year increase of 127.2 percent, the Philippine Statistics Authority (PSA) said on Thursday. Of the total, the statistics agency said the Netherlands posted the highest investment commitment, amounting to 345.76 billion pes.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Approved foreign investments into Philippines up 127.2 pct in Q4 of 2023

MANILA, Feb. 15 (Xinhua) -- The approved foreign investments into the Philippines in the fourth quarter of 2023 reached 394.45 billion pesos (roughly 7 billion U.S. dollars), marking a year-on-year increase of 127.2 percent, the Philippine Statistics Authority (PSA) said on Thursday. Of the total, the statistics agency said the Netherlands posted the highest investment commitment, amounting to 345.76 billion pes.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Foreign pledges materialize into $14 billion investments – DTI

A total of $14.2 billion worth of investments pledged during the foreign trips of President Marcos have already been actualized or have commenced implementation, the Department of Trade and Industry reported yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

US-Phl relationship ‘at its best right now’

Philippine Ambassador to the United States Jose Romualdez is urging the Philippine business community to rally behind President Marcos’ push for economic reforms that will enable the country to attract more foreign investments and compete with our strong neighbors in the region -- Vietnam, Indonesia, Malaysia and Thailand, who are all likewise trying to attract such investments......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

FEF: Charter amendments to boost FDIs, clear policies

The proposed Charter amendments expanding foreign ownership rights in key sectors could attract more foreign direct investments into the country and help drive economic growth, according to the Foundation for Economic Freedom......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

‘Cha-cha not solution to Philippine economic woes’

Amending certain provisions of the 1987 Constitution is not a guarantee that economic problems in the country will finally be addressed, a research and advocacy group said......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Puerto Rico Declares Public Health Emergency as Dengue Cases Surge

Puerto Rico Declares Public Health Emergency as Dengue Cases Surge The Puerto Rico Secretary of Health, Carlos Mellado, has declared a public health emergency due.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 29th, 2024

PNP expresses concern over surge in minors apprehended for vaping

PNP expresses concern over surge in minors apprehended for vaping.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

Super Micro Enters S& P 500 After Stock Price Surge of Over 20-Fold in Two Years

Super Micro Computer Inc. has reached a major milestone as it joins the prestigious S&P 500 index after a remarkable surge in its stock price......»»

Category: newsSource:  thedailyguardianRelated NewsMar 2nd, 2024

Storm surge destroys 80 houses in Zambo coastal village

Storm surge destroys 80 houses in Zambo coastal village.....»»

Category: newsSource:  sunstarRelated NewsFeb 12th, 2024