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Philippines foreign investments yield net outflows in March

MANILA, May 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 236 million U.S. dollars in March, the Philippine central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in March resulted from the 1.6 billion dollars in gross outflows and 1.4 billion dollars in gross inflows for the month. "The recorded net outflows are a reversal.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

Approved foreign investments into Philippines fall 63.6 pct in Q1

MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsMay 17th, 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

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

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

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

SM conglomerate optimistic on growth prospects for 2024

Conglomerate SM Investments Corp. of the Sy family is cautiously optimistic for 2024, but remains committed to stay on growth mode after solid contributions from its core businesses and higher earnings contribution from portfolio investments, which lifted earnings by a quarter to P77 billion in 2023......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

SC reminds: VAWC may be committed by any person

Violence against women and children may be committed by any person of any gender, the Supreme Court said. .....»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

Blackwater committed to stay

Blackwater remains committed to maintaining the Bossing team in the PBA......»»

Category: sportsSource:  philstarRelated NewsFeb 3rd, 2024

Summit deals won’t affect China investments – Marcos

The expected influx of investments from the US and Japan that stemmed from the historic trilateral summit won’t affect China’s investments in the Philippines, President Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024

Agri chief, MVP Group discuss investments in food security

Agriculture Secretary Francisco Tiu Laurel Jr. met with business tycoon Manuel V. Pangilinan, chairman of Metro Pacific Investments Corp., to discuss plans for significant investments in agriculture to support the government's food security goals......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 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

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

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

World Down Syndrome Day: Big sister s journey with Down Syndrome sibling

World Down Syndrome Day: Big sister s journey with Down Syndrome sibling.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q

Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

FEF: Charter amendments to boost FDIs, clear policies

The proposed Charter amendments expanding foreign ownership rights in key sectors could attract more foreign direct investments into the country and help drive economic growth, according to the Foundation for Economic Freedom......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024