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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

PAGSS awarded by JDL Express of China for service excellence

Jiangsu Jingdong Cargo Airlines, a subsidiary of one of the biggest freighter and cargo operators, JDL Express of China, recently awarded the Philippine Airport Ground Support Solutions, Inc (PAGSS), its Ground Handling and Cargo Handling partner in Manila. The award was given in commemoration of its successful launch and excellence in service. The said award […].....»»

Category: newsSource:  journalRelated NewsFeb 13th, 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

Most Read Apr 26, 2018 – 01:29 PM

Most Read as of Apr 26, 2018 – 01:29 PM SC to announce 2017 bar exam results at 1:15 p.m. on Thursday 25.5% of 6,750 pass Bar Exam 2017 University of St. La Salle alum tops Bar Exam 2017 Sotto bares initial list of Senate bets NPC will endorse in 2019 Sunshine Dizon explains why.....»»

Category: newsSource:  inquirerRelated NewsApr 10th, 2024

PPA to spend P3.5 billion for upgrade of ports

As shippers suffer from the fallout of the Red Sea conflict, the Philippine Ports Authority (PPA) is spending P3.5 billion this year for port upgrades to minimize the impact of external disruptions on the local industry......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Baltimore bridge collapses after cargo ship rams it

A major bridge in the US city of Baltimore almost entirely collapsed Tuesday after being struck by a cargo ship, sending multiple vehicles and up to 20 people plunging into the harbor below. Dramatic footage shows a container ship hitting a footing of the Francis Scott Key Bridge, sending the steel-built structure into the Patapsco.....»»

Category: newsSource:  inquirerRelated NewsMar 26th, 2024

Tolentino to PPA: Hire veterinarians to assist travelers with pets

Senator Francis Tolentino has urged the Philippine Ports Authority (PPA) to hire veterinarians to vet on-site the pets travelers bring along in their trips and making the boarding process on sea vessels a lot easier......»»

Category: newsSource:  philstarRelated NewsMar 23rd, 2024

PPA awards P273 million Camiguin ports deal

A Camiguin-based cargo handler has bagged the contract to operate and maintain three ports in Mindanao for P273 million, marking another success in the efforts of the Philippine Ports Authority to privatize some of its facilities......»»

Category: financeSource:  philstarRelated NewsJan 17th, 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

Cargo ship lost power and issued mayday before hitting Baltimore s bridge, governor says

Cargo ship lost power and issued mayday before hitting Baltimore s bridge, governor says.....»»

Category: newsSource:  sunstarRelated NewsMar 27th, 2024

Philippines confirms 2 nationals killed in Houthi missile attack

MANILA, March 7 (Xinhua) -- The Philippine government on Thursday confirmed the death of two seafarers in a recent missile strike by Houthi militants on a cargo ship in the Gulf of Aden, off southern Yemen. In a statement, the Department of Migrant Workers (DMW) said two other Filipino sailors were also severely injured. The cargo ship True Confidence on Wednesday was hit by several anti-ship ballistic mi.....»»

Category: sportsSource:  abscbnRelated NewsMar 7th, 2024

13 rescued as cargo vessel tilts off Zamboanga del Norte

Thirteen crewmembers of a cargo vessel that tilted off the coast of Zamboanga del Norte amid rough seas were rescued on Monday......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Philippines manufacturing output sustains growth in January

MANILA, March 7 (Xinhua) -- The Philippines' manufacturing production sustained growth momentum in January, the Philippine Statistics Authority (PSA) said Thursday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased 0.9 percent and 1.9 percent in January, respectively. Across all 22 indust.....»»

Category: sportsSource:  abscbnRelated NewsMar 7th, 2024

DA expects record-high palay harvest this year despite El Niño

The Philippines may produce a record-high volume of palay or unmilled rice this year of almost 21 million metric tons (MT) despite threats of El Niño on local farms, estimates from the Department of Agriculture showed......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

DA expects record-high palay harvest this year despite El Niño

The Philippines may produce a record-high volume of palay or unmilled rice this year of almost 21 million metric tons (MT) despite threats of El Niño on local farms, estimates from the Department of Agriculture showed......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

2024 rice imports hit 570,000 MT

The country’s rice imports have reached almost 570,000 metric tons as of mid-February, surpassing the total imported volume in the first two months of last year by over 40 percent......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Infrastructure spending hits lowest level in November

Government spending for infrastructure dropped to a year-low in November last year even after state agencies were ordered to catch up on their expenses to boost economic growth......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Remittances ease to $3 billion in November

Remittances sent home by Filipinos abroad eased to $3 billion in November 2023, reaching their lowest level in six months despite the holiday season......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024