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Almost P1.2 trillion investments approved for green lane processing – BOI
Nearly P1.2 trillion worth of strategic investment projects have been approved for green lane processing since the approval of the executive order on the establishment of green lanes services, according to the Board of Investments......»»
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.....»»
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.....»»
PEZA, SMBC, RCBC partner to attract Japanese investments
The Philippine Economic Zone Authority has partnered with Sumitomo Mitsui Banking Corp. and Rizal Commercial Banking Corp. in a bid to attract more investments from Japan......»»
Bulacan gets P20B new investments in 2023
Bulacan gets P20B new investments in 2023.....»»
Mandani Bay tops off 4 towers, total investments now stands P130B
Mandani Bay tops off 4 towers, total investments now stands P130B.....»»
Philippines approved investment projects up 73 pct in 2023
MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
Philippines approved investment projects up 73 pct in 2023
MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
Yuchengco’s House of Investments gets SEC nod to buy Grepa Realty
The Securities and Exchange Commission has approved Yuchengco-led House of Investments’ move to acquire GPL Holdings Inc.’s shares in Grepa Realty Holdings Corp......»»
Councilor urges social media influencers to observe local laws
The Davao City councilor, Temujin “Tek” Ocampo, has urged social media influencers to familiarize themselves with local ordinances before promoting areas to their followers. Ocampo, who heads the Committee on Environment and Natural Resources, appreciates the promotion of Davao City by social media influencers but emphasizes the importance of understanding local laws before attracting crowds to specific areas. He expressed gratitude for the promotion but highlighted the challenge of controlling the influx of people once a location is featured. Ocampo plans to collaborate with Councilor Al Ryan Alejandre, Chair of the Committee on Tourism and Beautification, to accredit social media vloggers through the local government unit. He underscored the need for accredited vloggers, recognizing their contributions to the city and addressing any mistakes they might make. This initiative aims to balance recognition for positive actions with corrective measures for any missteps. The concerns arose in November 2023 when a Davao City-based environment group criticized a travel vlogger for promoting recreational activities in a river within the Panigan-Tamugan Watershed. Following a waste dumping incident on January 11, 2024, the group urged Dabawenyos, especially vloggers and influencers, to refrain from visiting protected areas for leisure. They emphasize the importance of understanding and respecting rules and regulations before endorsing specific parts of the city......»»
Local youth back local gov’t decision to deny mining entry in Sagay
Local youth back local gov’t decision to deny mining entry in Sagay.....»»
Over 20 local brands eye overseas expansion
Over 20 Filipino brands intend to expand and bring their products and services overseas, according to the Philippine Franchise Association......»»
Franchising industry sees 8–10 percent growth this year
The country’s largest franchising association is looking to grow franchise stores and revenues by eight to 10 percent this year as more foreign brands are interested to enter the country, while local brands continue to expand......»»
More jobs to keep Pinoys home, lawmakers told
An economy stimulated by foreign investments could lead to the generation of more local jobs so that Filipinos will no longer seek work abroad, a former overseas Filipino worker said during deliberations of Resolution of Both Houses No. 7 by the House of Representatives’ committee of the whole on Wednesday......»»
EDITORIAL - Economic initiatives
While the two chambers of Congress duke it out over Charter change ostensibly to attract more foreign investments, local businessmen have listed 12 initiatives that they say can strengthen the economy......»»
AppleOne intensifies efforts to boost local tourism
AppleOne Group Inc., a Cebu-based property developer, is gearing up to welcome an increased influx of both local and international travelers this year to further showcase its ongoing commitment in helping foster people-to-people connections, enriching cultural relations, and contributing to the boosting of tourism at the local and national levels......»»
PH dev t NGOs: Take People Power to Local Communities as Nation Commemorates EDSA Uprising
The Caucus of Development Non-Government Organization Networks (CODE-NGO) enjoins the Filipino public to keep the spirit of the 1986 EDSA Uprising alive by putting ordinary people at the front and center of local development and local autonomy - ideals, among many others, that figure prominently in the 1987 Constitution, as they facilitate the fulfillment of the rights and freedoms restored by this ongoing de.....»»
PH dev t NGOs: Take People Power to Local Communities as Nation Commemorates EDSA Uprising
The Caucus of Development Non-Government Organization Networks (CODE-NGO) enjoins the Filipino public to keep the spirit of the 1986 EDSA Uprising alive by putting ordinary people at the front and center of local development and local autonomy - ideals, among many others, that figure prominently in the 1987 Constitution, as they facilitate the fulfillment of the rights and freedoms restored by this ongoing de.....»»