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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.....»»

Category: financeSource: philstar philstarJan 24th, 2024

Government raises IPAs project approval threshold to P15 billion

The government has increased the investment capital threshold assigned to investment promotion agencies (IPAs) to P15 billion in a bid to promote the ease of doing business......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

[ANALYSIS] A soft and range-bound stock market that has not lost its luster

Whatever your investment intentions are, stick to companies within the investment areas that both have short-term and long-term potential.....»»

Category: newsSource:  rapplerRelated NewsFeb 9th, 2024

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......»»

Category: newsSource:  bulatlatRelated NewsFeb 5th, 2024

‘Investment spending rebounds in 2023 4Q, driving GDP growth’

‘Investment spending rebounds in 2023 4Q, driving GDP growth’.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

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......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

PRO-Western Visayas boosts safety with P2.6M investment in whistles, raincoats

PRO-Western Visayas boosts safety with P2.6M investment in whistles, raincoats.....»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 14th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

LGUs, 6th ID unite to ensure security of investment hubs

The Army’s 6th Infantry Division and local government units are to expand cooperation in securing the surrender of more local terrorists to sustain the peace spreading around now in potential investment destinations in provinces under its jurisdiction......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsJan 11th, 2024

MRC Allied moving into ICT industry with P75-M investment in Bitstar Prime

MRC Allied confirmed that its initial investment into Bitstar Prime Holdings will be P75 million......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

MSERV to fuel hyperscale data center in Quezon City

A unit of Manila Electric Co. (Meralco) is set to provide power to the largest hyperscale data center of ST Telemedia Global Data Centers Philippines (STT GDC Philippines) in the country......»»

Category: financeSource:  philstarRelated NewsMay 31st, 2024

DICT working on PNP data breach

Containment of the recent data breaches of Philippine National Police systems is still ongoing, according to the Department of Information and Communications Technology......»»

Category: newsSource:  philstarRelated NewsMay 23rd, 2024

PNP probes ‘data breach’

The Philippine National Police is looking into an attempted data breach in the logistics information system of the PNP......»»

Category: newsSource:  philstarRelated NewsMay 14th, 2024

Stocks to take cue from data releases

Investors will seek direction on upcoming economic data in a bid to get the stock market out of its recent slump......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Over 2 mln foreign tourists arrive in Philippines since January

MANILA, April 25 (Xinhua) -- Over 2 million international tourists have visited the Philippines since January this year, the Presidential Communications Office (PCO) said Thursday. Citing data from the Department of Tourism (DOT), the PCO said that 2,010,522 international visitors entered the Southeast Asian country from Jan. 1 to April 24. The data showed that tourism receipts reached 157.62 billion peso.....»»

Category: newsSource:  manilanewsRelated NewsApr 25th, 2024

DICT: Customs data breach contained

The data breach of the Bureau of Customs systems has been contained and defense of the agency’s database is ongoing, according to the Department of Information and Communications Technology......»»

Category: newsSource:  philstarRelated NewsApr 16th, 2024

AT& T informs users of data breach and resets millions of passcodes

AT&T, one of the largest telecommunications companies in the United States, is facing a major data breach that has left millions of customers at risk......»»

Category: newsSource:  thedailyguardianRelated NewsMar 31st, 2024

Daily Guardian: Asian Stocks Rise Before Key US Inflation Data

Asian shares surged on Monday following gains on Wall Street, with investors closely watching US consumer price data for clues on the Federal Reserve’s policy.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 29th, 2024

Stock traders to keep track of inflation, earnings data

Investors will keep a close eye on the country’s inflation data and the release of more corporate earnings results this week to serve as catalysts for a potential climb back to the 7,000 mark......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024