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Philippines FDI net inflows decline 6.6 pct in 2023

MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»

Category: newsSource:  manilanewsRelated NewsMar 11th, 2024

NEDA approves 23 new priority infrastructure projects

The National Economic and Development Authority Board has approved the inclusion of 23 projects in the list of infrastructure flagship projects to be prioritized under the current administration, bringing the total cost to P9.14 trillion......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Andi Eigenmann on late mom Jaclyn Jose: ‘Her life itself was her greatest obra maestra’

Bringing home the much-coveted acting trophy from the Cannes International Film Festival in 2016 was a major career highlight in the life of the late multi-awarded actress Jaclyn Jose (Mary Jane Guck in real life)......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Davao de Oro landslide: Death toll rises to 98; over 5,300 in evacuation centers

TAGUM CITY — Two bodies have been found by responders at a landslide-hit village in Maco town, Davao de Oro on Saturday, bringing the death toll of the Feb. 6 disaster to 98, local disaster officials said. In a 7 p.m. bulletin on Saturday, the Maco local government said the number of missing persons was.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

Kris Tiffany Janson is Miss Universe Philippines Cebu 2024

CEBU CITY, Philippines — Cebu City North’s bet, Kris Tiffany Janson, was crowned Miss Universe Philippines Cebu 2024, earning the honor of representing Cebu on the national stage. The coronation took place Saturday night, February 3, at Waterfront Cebu City Hotel and Casino. Aside from bringing home the crown, Janson also won various special awards,.....»»

Category: newsSource:  inquirerRelated NewsFeb 4th, 2024

Trade deficit narrows to $4 billion in December

The country’s trade deficit narrowed in December as both exports and imports declined, bringing the full-year 2023 trade gap to $52.42 billion, down from the previous year’s shortfall of $57.65 billion, the Philippine Statistics Authority said......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Banks’ bad loans rise in February

The soured loans of Philippine banks picked up for the 14th straight month in February, bringing the gross non-performing loan ratio to a steady 3.44 percent, amid high interest rates......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Telco licensing needs to be reformed – study

The government has to revamp the licensing system for connectivity providers as an initial step to bringing down the cost of internet as well as improving accessibility and reliability, according to a study......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Philippines ratifies WTO deal on fisheries subsidies

The Philippines has ratified the World Trade Organization agreement on fisheries subsidies, which seeks to curb harmful subsidies like support for illegal, unreported and unregulated fishing , bringing the landmark multilateral deal closer to effectivity......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

‘Mutt & Jeff’ giving Pinoys a bad name

Among serious breeders and importers of game fowl, one of the key elements in bringing good material from the United States and elsewhere is having an experienced professional shipper who consolidates birds coming from different parts of the United States, Mexico and, on rare occasions, from Europe or Australia and ships them to Manila......»»

Category: newsSource:  philstarRelated NewsFeb 14th, 2024

Bringing UP to the people

Since it was established in 1908 as a “university for Filipinos,” the University of the Philippines has grown into a system of eight “constituent universities,” each with a certain degree of autonomy but all of them unified by a common vision, shared practices and high academic standards......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

Smart money moves to make in 2024

The new year is a time to start over, with the hopes of bringing prosperity, success, and more wealth in the coming months......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

For Jasmine and Rayver, love is worth fighting for

Jasmine Curtis-Smith and Rayver Cruz collaborate for the first time in the now-airing GMA Prime series Asawa Ng Asawa Ko. Jasmine and Rayver are bringing with them their wealth of experience gained from being paired up with stars such as Alden Richards in The World Between Us and Kylie Padilla in Bolera, respectively......»»

Category: entertainmentSource:  philstarRelated NewsJan 22nd, 2024

Security Bank sees 5.8 percent economic growth in Q4

Security Bank Corp. believes the Philippine economy grew by 5.8 percent in the fourth quarter last year, bringing the full-year gross domestic product growth to 5.6 percent in 2023......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Brink

The arc of war appears to have widened the past few days, bringing all of us closer to the brink......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Infants under six months most affected by pertussis — DOH

Latest data from the DOH showed there were 28 new pertussis infections, bringing this year’s total cases to 568. Of the figure, around 63% were infants below six months. .....»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

Marvel Universe LIVE! debuting in Philippines

Feld Entertainment is bringing the superhero-filled show "Marvel Universe LIVE!" to the Philippines this June......»»

Category: entertainmentSource:  philstarRelated NewsMar 13th, 2024

Iloilo AFP-NPA clash death toll now 4

The body of another New People’s Army rebel was discovered as firefights between government troopers and NPA guerrillas in San Joaquin, Iloilo continued yesterday, bringing the death toll to four......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Power rates down by P0.37/kWh for Feb-Mar billing

High on love but low on power rates! Valentine’s Day for residential consumers of Visayan Electric is expected to be sweeter as electricity rates for the billing month of February-March will be P0.37/kWh lower compared to last month. This decrease, bringing the total rate down from last month’s P11.62/kWh to P11.25/kWh, is attributed to lower.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 2024