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BARMM’s investment hubs get governance citations
Members of the Bangsamoro business sector were elated with the special awards for efficiency bestowed upon the local governments in the region's two new investment hubs on Thursday, recognizing the accomplishments as key factors that can enhance the investment potentials of both areas......»»
Data centers: Philippine’s new investment magnet
When we opened the new year, the country celebrated significant gains in foreign direct investment in 2023 and recognized the imperative to fortify its appeal to global investors. In a statement by Philippine Economic Zone Authority director general Tereso Panga, it was highlighted that the country was able to surpass our conservative 10 percent growth target this year, with investment approvals.....»»
Data centers: Phl’s new investment magnet
When we opened the new year, the country celebrated significant gains in foreign direct investment in 2023 and recognized the imperative to fortify its appeal to global investors. In a statement by Philippine Economic Zone Authority director general Tereso Panga, it was highlighted that the country was able to surpass our conservative 10 percent growth target this year, with investment approvals.....»»
Biden pledges to defend Philippines from any attack in South China Sea - Philippines
US president describes defence commitment to the Philippines and Japan as ironclad as Beijing accuses Manila of violating Chinese sovereignty Joe Biden has pledged to defend the Philippines from any attack in the South China Sea, as he hosted the first joint summit with Manila and Tokyo amid growing tensions with Beijing. The United States defence commitments to Japan and to the Philippines are ironclad, the US president.....»»
The Mayor of Virac expresses gratitude to the former Chief of Police and extends full support to the new leadership of PNP Virac
Mayor Sammy Laynes conveys his appreciation for the service rendered by outgoing Chief of Police Robert Kevin Caparosso during his tenure at the Virac Municipal Police Station for several years. Meanwhile, the mayor pledges his full support to the new leadership under OIC Chief of Police Emsol Icawat. “We also thank our outgoing chief, PMAJ […] The post The Mayor of Virac expresses gratitude to the former Chief of Police and extends full support to the new leadership of PNP Virac appeared first on Bicol Peryodiko......»»
Over P600 billion projects approved in 4 months – BOI
Investments approved by the Board of Investments (BOI) have reached more than P600 billion in the first four months of the year......»»
Ecozone investments up 19 percent in 2 months
Investments approved by the Philippine Economic Zone Authority grew at a robust pace in the first two months of the year, making it on track with its investment approval targets for the year......»»
Foreign borrowings nearly halved in Q1
The public sector’s foreign borrowings approved by the Bangko Sentral ng Pilipinas went down by 48 percent to $2.87 billion in the first quarter from $5.56 billion recorded a year ago......»»
Over $1 billion investment to Philippines from US, says Raimondo
MANILA, The Philippines: During an official visit to Manila, U.S. Commerce Secretary Gina Raimondo has said that U.S. companies have announced investments totaling more than US$1 billion in the Philippines.In a first of its kind for the Philippines, Raimondo headed a two-day trade and investment mission that included executives from 22 companies, such as United Airlines, Alphabet's Google, Visa, KKR Asia Pacific.....»»
Signature campaign for Charter change: ‘Rife with anomalies’
IBON Foundation notes that the logic behind the push for economic Cha-cha is “fundamentally flawed.” “More foreign investment does not mean development,” IBON states, adding that despite the increase in annual foreign investment inflows since the 1980s, this did not translate to growth and development for the Philippine economy. The post Signature campaign for Charter change: ‘Rife with anomalies’ appeared first on Bulatlat......»»
Baron Geisler proud sa 1st investment sa showbiz: ‘Dapat mapunta talaga sa tama’
NGAYON pa lang nag-uumpisang mag-invest ang batikang aktor na si Baron Geisler sa kabila ng mahabang panahon niya sa showbiz industry. Ito ang ibinunyag mismo ni Baron matapos makapanayam ng PopLife.ph kamakailan lang. Proud pa ngang chinika ng aktor na ang first-ever investment niya ay ang ipinapatayong bahay sa Cebu na para sa kanyang pamilya......»»
Jayda proud na ibinandera ang 1st investment ngayong 2024: ‘My own condo unit!’
SUPER proud ang Kapamilya singer-actress na si Jayda Avanzado sa kanyang milestone ngayong nagsisimula pa lang ang taong 2024. Sa Instagram, masaya niyang ibinandera ang ibinili niyang condominium unit kalakip ang ilang selfies habang hawak-hawak ang susi ng kanyang bagong titirhan. “Starting the year with some fulfillment: my first big girl purchase & investment of.....»»
PSEi forecast to touch 7,000
The Philippine Stock Exchange index is set for recovery as it is expected to hit 7,000 to 7,500 by the fourth quarter of this year, according to First Metro Investment Corp......»»
Eye on inflation as market returns from long holiday
Investors will keep an eye on the results of the March inflation data this week, as the stock market heads into the second quarter with renewed optimism after managing to close the first quarter on a positive note......»»
Philippines’s Marcos pledges action in response to China’s ‘dangerous attacks’
President Ferdinand Marcos of the Philippines has issued a strong statement in response to recent confrontations in the South China Sea, stating that the country.....»»
New DCPO chief pledges technology-driven approach
THE new director of the Davao City Police Office (DCPO) underscored the utilization of technology to streamline their operations......»»
Global manufacturers support expansion of Philippines industrial sector
The move of the government to attract more manufacturing investments and diversify sources of foreign pledges is seen to increase demand for industrial spaces in the country, bringing in high value manufacturing investments such as semiconductors......»»
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......»»
ADB appoints Mio Oka as country director for India, pledges continued support for development
New Delhi [India], February 6 (ANI): The Asian Development Bank (ADB) has appointed Mio Oka as its new Country Director for India, succeeding Takeo Konishi, who has been elevated to the position of ADB Director General for South Asia at the Manila headquarters. According to ADB, in her new role, Oka will spearhead ADB's operations in India, forging partnerships with the government and other development stakeholders. She w.....»»
Samal resort gets notice of violation over hawksbill turtle hatchlings
The Department of Natural Resources-Davao Region (DENR-Davao) has issued a notice of violation to Isla Reta Beach Resort in Samal for the illegal possession of hawksbill turtle hatchlings. The resort violated Republic Act 9147, which prohibits the exploitation of wildlife resources and their habitats. The law strictly prohibits collecting, hunting, or possessing wildlife or their by-products, with penalties including imprisonment and fines. In response to the notice, the resort's owner must release the turtle hatchlings within a day, or face legal action. Despite the resort's intention to care for and release the hatchlings after six months, DENR-Davao found 130 hatchlings inside styro boxes and emphasized the critical importance of immediately releasing them to ensure their survival. The Philippines recognizes five sea turtle species, with hawksbill and leatherback classified as critically endangered. DENR-Davao encourages individuals to report wildlife sightings and pledges to conduct public awareness campaigns for wildlife conservation. Isla Reta Beach Resort faced criticism for unauthorized plans to raise the hatchlings......»»