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P1.7 trillion investments show confidence in Philippines

For some members of the House of Representatives, the P1.7 trillion in investments infused by local and foreign traders in 2023 proved business confidence in the country and in President Marcos......»»

Category: newsSource: philstar philstarMay 3rd, 2024

Almost P1.2 trillion investments approved for green lane processing – BOI

Nearly P1.2 trillion worth of strategic investment projects have been approved for green lane processing since the approval of the executive order on the establishment of green lanes services, according to the Board of Investments......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Philippines debt hits record P14.6 trillion

The Marcos administration has so far incurred P1.82 trillion in debt since it assumed office, largely due to a high interest rate environment, pushing the country’s outstanding obligation to an all-time high of P14.62 trillion in 2023, according to the Bureau of the Treasury......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Philippines debt declines to P14.9 trillion in March

The country’s outstanding debt declined by nearly two percent to P14.93 trillion as of end-March from a record P15.18 trillion a month ago as the government settled its obligations to both local and foreign lenders, according to the Bureau of the Treasury......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

Bank assets grow 10 percent to P24.8 trillion

Philippine banks’ assets grew by 10.3 percent to P24.81 trillion in January from the P22.49 trillion recorded a year ago, according to data from the Bangko Sentral ng Pilipinas,.....»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Philippines has potential to grow into $2 trillion economy – WEF

The Philippines can potentially expand to a $2-trillion economy over the next decade if investments in key sectors will be sustained, particularly in education and human development, according to a top official of the World Economic Forum......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Overseas businessmen show confidence in Hong Kong s business environment

HONG KONG, April 30 (Xinhua) -- A number of trade exhibitions were held in Hong Kong in April, attracting visitors worldwide who expressed their confidence in the business environment of Hong Kong. "Hong Kong is a very nice place. We are always happy to come," Belgian businesswoman Isolde Hanson said, adding that this was her first visit to Hong Kong after the pandemic. She had been to Hong Kong more than ten ti.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

DA: Philippines needs P1.3 trillion to boost farm output

The country will need P1.3 trillion worth of investments in the next few years to boost rice production, reduce wastage of agricultural products and ensure the country’s food security, according to Agriculture Secretary Francisco Tiu Laurel Jr......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

ICT spending in AsPac reaches $1.3 trillion in 2023

Information and communications technology spending in Asia and the Pacific reached the $1.3 trillion mark in 2023, as companies increased their investments on automation and cloud to survive and thrive in the digital era......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Luzon Economic Corridor project to draw foreign investments

President Marcos has expressed confidence that the Philippines will do better in luring investments once the Luzon Economic Corridor discussed during his recent visit to Washington is completed......»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024

Remains of 2 Filipino seafarers still in cargo vessel — Cacdac

MANILA, Philippines — The remains of the two Filipino seafarers who died from the missile strike in the Gulf of Aden were left in the ill-fated carrier vessel True Confidence, Migrant Workers Officer-in-Charge Hans Leo Cacdac said on Friday. Cacdac, in a radio interview, said True Confidence caught fire after the deadly Houthi missile strike. “Yung labi.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

Renewable energy makes up bulk of investment leads – BOI

The Philippines continues to attract investments in renewable energy as the sector accounted for most of the projects in the more than P2 trillion investment leads tracked by the Board of Investments (BOI)......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Philippines approved investment projects up 73 pct in 2023

MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»

Category: newsSource:  manilanewsRelated NewsJan 14th, 2024

Philippines approved investment projects up 73 pct in 2023

MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Self-confidence powers underdog FEU Lady Tamaraws to stunning sweep of No. 1 NU - Rappler

Self-confidence powers underdog FEU Lady Tamaraws to stunning sweep of No. 1 NU Rappler.....»»

Category: newsSource:  manilanewsRelated NewsMay 6th, 2024

Ginebra needed confidence-boosting win vs Magnolia, says Cone

The huge, grind-it-out win over the Magnolia Hotshots on Sunday gave confidence back to Barangay Ginebra after suffering a drubbing against the Meralco Bolts last month......»»

Category: sportsSource:  philstarRelated NewsApr 3rd, 2024

Fitch sees Philippine economy growing by 6.4% in 2024

“We expect output growth to accelerate to 6.4 percent in 2024, reflecting base effects from a weaker 2023 and our assessment that policy rates have peaked. Consumer confidence has been weakening, but business confidence has recovered strongly.”.....»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

McLaren s Bustamante oozing with confidence ahead of F1 Academy season

Filipina racer Bianca Bustamante says her confidence is at an all-time high ahead of her second season in the F1 Academy with McLaren supporting her all the way this opening weekend at Jeddah, Saudi Arabia......»»

Category: sportsSource:  philstarRelated NewsMar 7th, 2024

Pops inatake ng depresyon, nawalan ng confidence: Hirap akong kumanta

INATAKE rin ng matinding depresyon ang Original Concert Queen na si Pops Fernandez nang mawalan ng confidence sa pagiging singer. Yan ang naging rebelasyon ng singer-actress noong panahong nawala siya pansamantala sa mundo ng showbiz. Sa panayam ng “Fast Talk with Boy Abunda” kamakailan, inamin ni Pops na totoong nawalan siya ng kumpiyansa sa sarili.....»»

Category: newsSource:  inquirerRelated NewsJan 16th, 2024

Xinhua world economic news summary at 0900 GMT, Jan. 14

MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»

Category: newsSource:  manilanewsRelated NewsJan 14th, 2024

Xinhua world economic news summary at 0900 GMT, Jan. 14

MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024