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Philippines FDI net inflows grow by 27.8 pct in November

MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»

Category: newsSource:  manilanewsRelated NewsFeb 12th, 2024

Philippines FDI net inflows grow by 27.8 pct in November

MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024

Philippines total external trade drops by 5.4 pct in November

MANILA, Jan. 10 (Xinhua) -- The Philippines' total external trade in goods declined by 5.4 percent in November 2023 to 16.95 billion U.S. dollars from 17.92 billion dollars in November 2022, the Philippine Statistics Authority (PSA) said Wednesday. Of the total external trade in November 2023, 63.8 percent were imported goods, while the remaining were exported goods, the PSA said. The PSA said the balance.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

ICT FY23 net income down 17% to US $511-M

International Container Terminal Services, the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal, and to various other increases in expenses and liabilities......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Ship collides with barge off Batangas; 1 hurt

A man was injured when a passenger vessel collided with a barge off the coast of Isla Verde in Batangas early yesterday......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

China: Barge hits brige near Guangzhou, plunging vehicles in water

BEIJING  — Two people were killed after a barge collided with a bridge over a waterway in China’s Pearl River Delta near Guangzhou city, causing part of the bridge to break off, plunging vehicles into the water, Chinese state media reported on Thursday. The Guangzhou Maritime Safety Administration said in a statement on their WeChat.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2024

CPA issue: Cebu City to file cases for alleged violations, multiple illegal constructions

CEBU CITY, Philippines – The Office of the Building Official (OBO) in Cebu City has taken legal action against the Cebu Port Authority (CPA) for the alleged multiple violations related to unauthorized construction activities within the port area. This action comes after CPA persisted in building multiple buildings in the port area without the necessary.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Rama stops CPA port project due to permit issues

CEBU CITY, Philippines – Cebu City Mayor Michael Rama ordered City Hall officials to stop the construction of a port at the back of the National Museum after the Cebu Port Authority (CPA) failed to secure a building permit. The mayor even slammed the CPA for the lack of “decency” and “courtesy” due to the.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsJan 15th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024

4 Filipinos among crew members of container ship seized by Iranian authorities

4 Filipinos among crew members of container ship seized by Iranian authorities.....»»

Category: newsSource:  sunstarRelated NewsApr 14th, 2024

Gaza aid: Ships with a second round of food, supplies departed Cyprus

JERUSALEM — A three-ship convoy left a port in Cyprus on Saturday with 400 tons of food and other supplies for Gaza as concerns about hunger in the territory soar. The World Central Kitchen charity said the vessels and a barge carried enough to prepare more than 1 million meals from items like rice, pasta,.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

Indian Coast Guard ship docks at Manila port amid tensions in South China Sea

Manila [Philippines], March 26 (ANI): Amid tensions in the South China Sea, the Indian Coast Guard ship, Samudra Paheredar docked at the Manila Bay in the Philippines as part of a broader initiative aimed at demonstrating ICG Marine Pollution Response capabilities, the Ministry of Defence (MoD) said in an official release on Tuesday. The ICG ship which arrived at the port on Monday, is on an overseas deployment to ASEAN c.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

'SerbisyoBandera: Bagong port sa Batangas naghahanap ng ‘skilled’ workers

BAGONG bukas na negosyo? Nako, automatic niyan ay naghahanap sila ng mga empleyado. Katulad na lamang ng bagong terminal and shipment port na itinayo sa Brgy. San Juan sa Mabini, Batangas – ang Mabini Batangas Premier Terminal Inc. (MBPTI). Ayon sa presidente ng MBTI na si Dondon Portugal, marami ang pwedeng maging trabaho sa kanilang.....»»

Category: newsSource:  inquirerRelated NewsApr 25th, 2024

PPA readies P1.5 billion for Leyte, Bohol port projects

The Philippine Ports Authoritywill spend more than P1.5 billion to construct a new port in Leyte and expand an existing one in Bohol to boost trade activities in Visayas......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Cebu City Hall accuses CPA of privatizing port access road

Cebu City Hall accuses CPA of privatizing port access road.....»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

How Will The link To The Port feature of BRT Affect The Project?

How Will The link To The Port feature of BRT Affect The Project?.....»»

Category: newsSource:  sunstarRelated NewsApr 9th, 2024

How Will The link To The Port feature of BRT Affect The Project?

How Will The link To The Port feature of BRT Affect The Project?.....»»

Category: newsSource:  sunstarRelated NewsApr 9th, 2024

Barmm opens Pasalubong Center at Jolo Port

Barmm opens Pasalubong Center at Jolo Port.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Madridejos eyes building own port

Madridejos eyes building own port.....»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024