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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.....»»
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.....»»
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.....»»
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.....»»
EDITORIAL - Red carpet, not red tape
The economic team faces a challenging task: replace red tape with a red carpet for investments......»»
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......»»
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......»»
Bank credit growth slows anew in November
The expansion of credit in the country slowed anew in November 2023 due to still elevated interest rates, the Bangko Sentral ng Pilipinas said......»»
Trade gap widens to $4.69 billion in November
The country’s trade deficit in November widened to a seven-month high as imports left negative territory, while exports continued to decline......»»
Banks’ NPL ratio eases to 3.41 percent in November
The share of soured loans to the banking sector’s total loan book slipped to 3.41 percent in November 2023 after rising to a five-month high of 3.44 percent a month earlier, according to the Bangko Sentral ng Pilipinas......»»
6 coastal areas in Visayas, Mindanao test positive for red tide
MANILA, Philippines — Six coastal areas in the country have tested positive for red tide, the Bureau of Fisheries and Aquatic Resources (BFAR) said. BFAR said in its advisory on Friday, April 12, that the affected areas in Visayas and Mindanao listed below had paralytic shellfish poison or toxic red tide above the regulatory limit:.....»»
Red Boosters claim third place in EASL Final Four
CEBU CITY, Philippines — The Jung Kwan Jang Red Boosters of Korea claimed the third place honors of the East Asia Super League (EASL) Final Four after a thrilling Battle-for-Third, 78-76, against the New Taipei Kings of Taiwan on Sunday, March 10, at the Hoops Dome in Lapu-Lapu City. The Red Boosters banked on the.....»»
Remulla confirms Teves on Interpol red notice, target of global manhunt
MANILA, Philippines – Former Negros Oriental Rep. Arnolfo “Arnie” Teves Jr. is currently the target of an international manhunt following his inclusion in the red notice system of the International Criminal Police Organization (INTERPOL), Justice Secretary Jesus Crispin Remulla confirmed on Wednesday. Remulla said that Teves is already included in Interpol’s Red Notice System. An.....»»
Sweeten Every Celebration: Elevate Special Moments with Red Ribbon’s Round Dedication Cake
2024 has just arrived, which means it’s time for another year of creating new memories. Whether for big or small occasions, make them memorable with Red Ribbon’s ALL-NEW Round Dedication Cakes as delicious and special-looking centerpieces that everyone can enjoy. The new Red Ribbon Round Dedication Cakes feature classier, more elegant round designs suitable for […].....»»
DOJ lied to UN expert on red-tagging—Karapatan, NUJP
“We are aghast when the DOJ said that it has sufficient mechanisms to address red-tagging. What are they talking about? Either these are nowhere to be found, or if these mechanisms indeed exist, are rendered useless for victims of rights violations." The post DOJ lied to UN expert on red-tagging—Karapatan, NUJP appeared first on Bulatlat......»»
Statement | For exposing NTF-ELCAC’s lies, Bicol journo red-tagged anew
Bulatlat condemns the latest red-tagging of Albay-based journalist Reynard Magtoto who wrote an in-depth report about the lies and deceptive activities of the National Task Force to End the Local Communist Armed Conflict (NTF-ELCAC) in the region. The post Statement | For exposing NTF-ELCAC’s lies, Bicol journo red-tagged anew appeared first on Bulatlat......»»
President Marcos: Replace red tape with red carpet
Following a revamp of his economic team, President Marcos has renewed his commitment to cut red tape and make it easier for businesses to operate in the country......»»
STATEMENT | On USec. Paul Gutierrez’s Red-tagging of Journalist Frenchie Mae Cumpio
This is exactly what we mean by red-tagging: a senior government official linking civilians to alleged communist groups without proof. May we remind Mr. Gutierrez that Ms. Cumpio is contesting the charges filed against her in court and has yet to be convicted. There is absolutely no point for anyone, more so a high government official, to forget that “everyone is innocent until proven in a court of law.” The post STATEMENT | On USec. Paul Gutierrez’s Red-tagging of Journalist Frenchie Mae Cumpio appeared first on Bulatlat......»»
JBL opens human rabies isolation room
JBL opens human rabies isolation room.....»»
Sanyo Denki opens P2.3-B expansion project in Subic
Sanyo Denki opens P2.3-B expansion project in Subic.....»»