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Banks expect higher consumer, corporate loan demand in Q1

Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Journo spends birthday in jail as media groups demand her release anew

“We are calling on the office of UN Special Rapporteur Irene Khan to hear our demands. To help us free Frenchie Mae, to help us assert our press freedom, and to help us fight to express.” The post Journo spends birthday in jail as media groups demand her release anew appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 24th, 2024

Domestic demand likely softened in 2023

The Philippines is expected to have experienced a softening in domestic demand toward the end of 2023 due to a decline in consumer confidence and savings, according to UK-based think tank Pantheon Macroeconomics......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Subic sees more investment incentives under CREATE Act

Investor companies located in this free port zone are expected to benefit from more tax perks as the government seeks to rationalize taxes and attract more investments under Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for Enterprises Act......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

PAL eyes Gen Y, Z

Lucio “Han” Tan III and Capt. Stanley Ng are now looking to the future and laying out plans to attract more Gen Y and Z customers to fly the friendly skies with Philippine Airlines......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2024

DOT wants more tourists to discover Mindanao

CAGAYAN DE ORO CITY, Philippines — The Department of Tourism (DOT) is doing everything it can to attract tourists, both from within the country and abroad, to visit Mindanao. The peace and security situation in the region has greatly improved over the past ten years. Mindanao is peaceful now, and it’s fully prepared to welcome.....»»

Category: newsSource:  inquirerRelated NewsApr 29th, 2024

‘Unjust’ remarks vs Chinese students hit

“Unjust” and negative statements made by politicians regarding the presence of Chinese students in Cagayan contradict the Philippines’ efforts to attract Chinese tourists and investors, according to the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024

Newly-established airline to serve BARMM air routes

A new airline will start operating in the Bangsamoro region on April 24, which is poised to stimulate economic activity and attract external investors to explore viable business opportunities in the area......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Expensive and unreliable

Probably a bigger reason why we find it difficult to attract FDIs is our expensive and unreliable power supply......»»

Category: financeSource:  philstarRelated NewsApr 19th, 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

Philippines FDI ‘bound to improve’ in coming years – HSBC

The Philippines would be able to attract more foreign direct investments (FDI) in the coming years amid reforms that improved the country’s business climate, HSBC Global Research said......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

Jobstreet by SEEK Releases 2024 Compensation and Benefits Report

As the employment landscape starts to rapidly evolve, the newly released Jobstreet by SEEK 2024 Hiring, Compensation and Benefits Report revealed that more companies are open to offering new forms of compensation and benefits to attract and retain top talents. This resulted in additional benefits, shifted priorities, and most notably, salary increases. To obtain this […].....»»

Category: newsSource:  metrocebuRelated NewsMar 15th, 2024

Meralco fails anew to secure new supply deal

Manila Electric Co. has declared another failed bidding for a 260-megawatt interim power supply agreement after failing to attract interested companies......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Renewable energy makes up bulk of investment leads – BOI

The Philippines continues to attract investments in renewable energy as the sector accounted for most of the projects in the more than P2 trillion investment leads tracked by the Board of Investments (BOI)......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Economic Cha-cha to boost FDI – BSP

Amending the restrictive economic provisions in the 1987 Constitution will likely attract more foreign investments in the country and stimulate economic growth, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

‘Mining should be part of government priority projects’

The government should include mining in its investment priority projects and extend more fiscal incentives to further attract investments in the sector, according to the Chamber of Mines of the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

EDITORIAL Stuck in the gray list

While moving heaven and Earth to amend the Constitution ostensibly to attract more foreign investments, the government is taking its sweet time getting out of the so-called gray list of jurisdictions under increased monitoring for money laundering and counterterrorist financing......»»

Category: newsSource:  philstarRelated NewsFeb 26th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Philippines diploma mill rep may attract low-tier foreign universities, expert warns

The Philippines' reputation for having so-called “diploma mills” makes it vulnerable to the entry of substandard foreign universities if proposals to open up higher education to foreign ownership push through, an education expert warned during a Senate hearing on Charter change......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Marcos Jr. : New Clark City access road a ‘red carpet’

The government will build more world-class infrastructure in other growth areas in the country to maximize their potential and attract investments, President Marcos pledged on Wednesday as he led the inspection of the 19.81-kilometer Airport to New Clark City Access Road in Mabalacat, Pampanga.?.....»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024