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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:  philippinetimesRelated NewsMar 11th, 2024

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

Luzon Economic Corridor project to draw foreign investments

President Marcos has expressed confidence that the Philippines will do better in luring investments once the Luzon Economic Corridor discussed during his recent visit to Washington is completed......»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024

P1.7 trillion investments show confidence in Philippines

For some members of the House of Representatives, the P1.7 trillion in investments infused by local and foreign traders in 2023 proved business confidence in the country and in President Marcos......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

Yogi Ruiz: Salaries, incentives for City Hall employees must be paid on time

CEBU CITY, Philippines — Job order (JO) employees at the Cebu City Hall have not been paid their salaries from January to March 2024. They have not also received their share of the Charter Day incentive amounting to P5, 000 each. Councilors Noel Wenceslao and Nestro Archival have raised a concern on the delay in.....»»

Category: newsSource:  inquirerRelated NewsMar 27th, 2024

Charter Day bonus for Cebu City gov’t employees ‘still pending’

CEBU CITY, Philippines – The Charter Day bonus for Cebu City government employees is still subject to deliberation, meaning there is no definite final date yet as to when it will be given. Councilor Noel Wenceslao, chairman of the Committee on Budget and Finance, has confirmed that Supplemental Budget 1, which includes allocations for the.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

Charter Day bonus for gov’t employees may be more than P25k

CEBU CITY, Philippines – Casual and regular employees of the Cebu City government may receive a Charter Day bonus exceeding P25,000. This was revealed by Cebu City Councilor Noel Wenceslao, who chairs the committee on budget and finance. In an interview over a Teleradyo program earlier this week, Wenceslao mentioned the possibility of city hall.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

Imee: EO 57 draws foreign interference, harmful to PH

MANILA, Philippines —  The measure beefing up the country’s maritime security, recently signed by President Ferdinand “Bongbong” Marcos Jr., is seen by the President’s elder sister, Senator Imee Marcos, as welcoming ‘many Trojan horses’ of foreign interference. The senator, who also heads the Senate panel on foreign relations, was pertaining to Executive Order No. 57,.....»»

Category: newsSource:  inquirerRelated NewsApr 1st, 2024

DepEd objects to foreign control of schools via Cha-cha, cites national security risk

The Department of Education on Monday drew the line at allowing foreign “entities” to own schools in the Philippines as proposed in two Charter change resolutions, saying that the entry of 100% foreign-operated schools in basic education will pose a threat to students’ sense of nationality and the country’s security......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Eased forex rules to take effect this year

The Bangko Sentral ng Pilipinas is expected to release its final circular on eased foreign exchange rules this year to attract more foreign investments into the country, a Monetary Board member said yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

BSP to further relax forex rules

The Bangko Sentral ng Pilipinas may further relax its rules and regulations governing foreign exchange transactions in a bid to attract more foreign investments into the country......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

LCPO gets an acting city director

LAPU-LAPU CITY, Cebu — The Lapu-Lapu City Police Office (LCPO) has a new acting city director following the promotion and transfer of Police Colonel Elmer Lim to another region. This was confirmed by Police Lieutenant Colonel Christian Torres, spokesperson for the LCPO. Torres stated that Police Colonel Noel Flores, the current Deputy Regional Director for.....»»

Category: newsSource:  inquirerRelated NewsMar 26th, 2024

Ronquillo, Kampton power Green Spiker past Falcons

La Salle's one-two punch of JM Ronquillo and Noel Kampton could not be contained as the Green Spikers swept the Adamson Soaring Falcons, 25-22, 25-23, 26-24, in the UAAP Season 86 men's volleyball opener Saturday at the Mall of Asia Arena......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

PIRMA confirms coordinating with Romualdez for People s Initiative signatures

Noel Oñate, lead convenor of the group behind the “EDSA-pwera” ad, confirmed that his group met with Romualdez and House members for “help” in the signature drive to amend the 1987 Constitution......»»

Category: newsSource:  philstarRelated NewsJan 30th, 2024

Davao Region officials hopeful for rescue of more people from landslide rubble

Noel Duarte, director of the Department of the Interior and Local Government in Davao de Oro, says the provincial government may soon shift its operations from rescue to retrieval.....»»

Category: newsSource:  rapplerRelated NewsFeb 10th, 2024

A SOJOURNER’S VIEW: Love In The Time Of Turmoil

REVIEW OF A NOVEL: SAN RAFAELBy Leila Noel-RispensPublished by 8Letters Bookstore & Publishing CEBU CITY (MindaNews / 11 January) — Whether it is in plays, novels or films – Romeo and Juliet, Wuthering Heights, Love in a Time of Cholera, The English Patient, Dr. Zhivago, Titanic, Maruja, Tatlong Taong Walang Dios, Relasyon – love stories unfolding in a conflict […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

Direk Jade Castro, 3 iba pa pinalaya na matapos makulong ng 40 araw

MAKALIPAS ang 40 araw, pinalaya na ang direktor na si Jade Castro at ang tatlo pa niyang kasamahan matapos kasuhan sa pagsunog umano ng isang modern jeepney sa Catanauan, Quezon noong January 28. Kagabi, March 11, nakalabas na sa Bureau of Jail Management Penology (BJMP) ng Catanauan si Direk Jade at sina Ernesto Orcine, Noel.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

Manila International Film Festival winners pinangalanan na

SA pamamagitan ng Facebook posts ni Noel Ferrer, Spokesperson ng Metro Manila Film Festival, nakuha namin kung sinu-sino ang nag-uwi ng tropeo sa katatapos na Manila International Film Festival (MIFF) Awards night ng Biyernes Pebrero 2 (Sabado naan dito) na ginanap sa Directors Guild of America sa Sunset Boulevard, Los Angeles, California USA. Ang mga.....»»

Category: newsSource:  inquirerRelated NewsFeb 3rd, 2024

Philippines FDI net inflows grow by 29.3 pct in February

MANILA, May 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 29.3 percent in February to reach 1.4 billion U.S. dollars, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) attributed the surge in FDI inflows in February to the 927.3 percent expansion in nonresidents' net investments in equity capital, excluding reinvestment of earning.....»»

Category: newsSource:  manilanewsRelated NewsMay 10th, 2024

Philippines FDI net inflows grow by 89.9 pct in January

MANILA, April 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 89.9 percent in January to 907 million U.S. dollars, the country's central bank said Wednesday. "The increase in FDI was supported mainly by the 173.2 percent expansion in nonresidents' net investments in debt instruments to 820 million dollars from 300 million dollars in January 2023," the Bangko S.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024