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ADB appoints Mio Oka as country director for India, pledges continued support for development
New Delhi [India], February 6 (ANI): The Asian Development Bank (ADB) has appointed Mio Oka as its new Country Director for India, succeeding Takeo Konishi, who has been elevated to the position of ADB Director General for South Asia at the Manila headquarters. According to ADB, in her new role, Oka will spearhead ADB's operations in India, forging partnerships with the government and other development stakeholders. She w.....»»
Government urged to hike, fast-track power investments
The government should increase its investments in the power generation infrastructure and accelerate energy-related projects to address the country’s thinning electricity supply, a think thank said......»»
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.....»»
Jerald Napoles and Kim Molina focus on individual careers, investments
Long-time partners Jerald Napoles and Kim Molina are at the stage in their lives where they are focusing on their individual careers and investments, and at the same time, planning their future together......»»
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......»»
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......»»
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.....»»
Some P1 billion direct investments pledges materialize in Davao City for Q1 2024
Some P1 billion direct investments pledges materialize in Davao City for Q1 2024.....»»
Enhancing PH-New Zealand Economic Relations thru increased investments, partnerships
Enhancing PH-New Zealand Economic Relations thru increased investments, partnerships.....»»
Ecozone investments slip by 9% in 4 months
Total investments approved by the Philippine Economic Zone Authority reached nearly P30 billion in the first four months of 2024, a nine percent decline from P33.094 billion worth of projects cleared in the same period last year......»»
Bunye: BSP changes FX rules for foreign investments to make them easier
Bunye: BSP changes FX rules for foreign investments to make them easier.....»»
Red tape hinders Philippines investments – German envoy
Persisting red tape is the biggest hindrance to expanding investments in the Philippines, according to German Ambassador Andreas Pfaffernoschke......»»
Huge US, Japan investments coming
At least $100 billion in investments from the US and Japan may come to the Philippines in five to 10 years as a result of the historic trilateral summit here that aims to deepen the three countries’ economic and defense ties, an envoy said yesterday......»»
Philippines needs to accelerate investments — World Bank
The Philippines will need to see a sustained increase in investments to achieve higher economic growth, according to the World Bank......»»
SM Investments buys 28.79% stake in CREIT for P5-B
SM Investments spent P5 billion to purchase 1,884,374,000 shares of Citicore Energy REIT from CREIT’s parent company, Citicore Renewable Energy Corp., at a price of P2.6534/share......»»
Belle to start P5.3 billion tender for PLC shares
Belle Corp., one of the portfolio investments of the Sy family’s SM Investments Corp., will start tomorrow its P5.3 billion tender offer to buy out the minority shareholders of subsidiary Premium Leisure Corp. , which will result in the latter’s delisting from the Philippine Stock Exchange......»»
PAGCOR cuts e-game rates to encourage more investments
State-run Philippine Amusement and Gaming Corp. will reduce remittance rates for online and on-site betting platforms by next month in a bid to encourage more investments in the gambling sector......»»
Investments in Clark soar to P44.5B -- CDC
Investments in Clark soar to P44.5B -- CDC.....»»
Peza approves P14.951B investments from January to March
Peza approves P14.951B investments from January to March.....»»
Philippines bags $1.53B worth of investments in Australia
President Ferdinand Marcos Jr. has secured deals worth $1.53 billion or P86 billion in investments during the Philippine Business Forum at the ASEAN-Australia Special Summit in Melbourne, according to the Presidential Communications Office......»»