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Romualdez: Philippines WEF hosting to spur more foreign investments

The Department of Transportation said it needs at least P12.5 billion to build 200 more ports under the Marcos administration, underscoring the need to improve connectivity in remote islands......»»

Category: financeSource: philstar philstarMar 20th, 2024

Speaker pitches Philippines as ideal investment destination at WEF

With its “unique demographic advantage and ongoing reforms to open up the economy,” the Philippines is now an “ideal destination” for foreign investments, Speaker Martin Romualdez told leaders and representatives of the Association of Southeast Asian Nations gathered for the World Economic Forum annual meeting in Switzerland......»»

Category: newsSource:  philstarRelated NewsJan 21st, 2024

P57-M road projects to spur tourism, agri dev t in 2 Negros LGUs

P57-M road projects to spur tourism, agri dev t in 2 Negros LGUs.....»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

Resumption of FTA talks seen to spur higher EU investments

The Philippine Economic Zone Authority expects investments from European companies to increase with the resumption of the Philippines – European Union free trade agreement negotiations......»»

Category: financeSource:  philstarRelated NewsMar 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

NEWS BRIEFS | 8 February 2024

House Speaker Romualdez visits Army’s 4ID HQ in Cagayan de Oro House Speaker Martin Romualdez visited the headquarters of the Army’s 4th Infantry Division in Camp Evangelista, barangay Patag here on Tuesday. Major Francisco Garello, 4ID spokesperson, said Romualdez came here as part of a two-day Armed Forces of the Philippines and House of Representatives […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 12th, 2024

Romualdez inspects OFW lounge to ensure convenience

HOUSE Speaker Ferdinand Martin Romualdez personally checked on the condition of the Overseas Filipino Worker (OFW) Lounge at the NAIA Terminal 1 to ensure that once opened for the OFWs, it will offer to them the kind of amenities and convenience that paying air passengers enjoy. Romualdez said the use of the new lounge will […].....»»

Category: newsSource:  journalRelated NewsJan 14th, 2024

High ratings spur House to work harder – Speaker

Speaker Martin Romualdez yesterday expressed his gratitude to the Filipino people for the high trust and performance ratings he received, as shown in a recent survey conducted by the OCTA Research group......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 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

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

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

Sectoral FTAs more likely – Romualdez

Philippine Ambassador to the United States Jose Romualdez believes that the Philippines will have more success in securing “sectoral FTAs” than to continue aiming for a broader free trade agreement with the US......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Philippines to host Volleyball Men s World Championship 2025

MANILA, March 21 (Xinhua) -- The Philippines is set to host the Federation Internationale de Volleyball (FIVB) Men's Volleyball Championship in 2025 after winning the bid on Wednesday night. Tourism Secretary Christina Garcia Frasco welcomed the hosting opportunity, saying the country is looking forward to the success of the global sports event. "The Philippines' hosting of this global volleyball event bo.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 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

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

Australia Hosting Special ASEAN Regional Summit

SYDNEY - Although Australia isn't a member of ASEAN, the country is hosting a summit of leaders from nine members of the Association of Southeast Asian Nations.Strengthening economic and security ties will be the focus for the Canberra government, which has set aside $186.7 million to help countries in Southeast Asia and more broadly in the Indo-Pacific region boost their maritime security.Analysts say Au.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

Australia Hosting Special ASEAN Regional Summit

SYDNEY - Although Australia isn't a member of ASEAN, the country is hosting a summit of leaders from nine members of the Association of Southeast Asian Nations.Strengthening economic and security ties will be the focus for the Canberra government, which has set aside $186.7 million to help countries in Southeast Asia and more broadly in the Indo-Pacific region boost their maritime security.Analysts say Au.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Philippines vows hosting readiness for men’s volleyball world championship

The Philippines assured to leave no stone unturned in the FIVB Volleyball Men’s World Championships 2025 — in terms of hosting for the first time ever and competing anew after 50 long years......»»

Category: sportsSource:  philstarRelated NewsMar 26th, 2024

Philippines hosting strong Asian swimfest in Tarlac

The Philippines will be hosting a qualifying event for the coming Paris Olympics......»»

Category: sportsSource:  philstarRelated NewsFeb 13th, 2024