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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.....»»
Philippines FDI net inflows grow by 27.8 pct in November
MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»
Philippines FDI net inflows grow by 27.8 pct in November
MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»
Philippines FDI net inflows drop by 29.6 pct in October
MANILA, Jan. 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 29.6 percent in October 2023 to 655 million U.S. dollars, the country's central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the latest figure brought the country's FDI net inflows from January to October 2023 to 6.5 billion dollars, a 17.5 percent decline from the same period.....»»
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......»»
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.....»»
SC junks developer’s bid to recover lands from PCGG
The Supreme Court has denied a petition by property developer Ortigas & Co. Limited Partnership to recover two properties that it claimed it was forced to sell to the Marcoses......»»
Exports expected to gradually recover this year
The Philippines is expected to see an improvement in exports this year, but the recovery would be gradual, according to think tank Oxford Economics......»»
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.....»»
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......»»
Stocks bounce back as market cheers higher FDI inflow
The stock market bounced back yesterday as investors cheered the country’s November net inflow of foreign direct investments......»»
FDI inflow down 17.5% in 10 months
The net inflow of foreign direct investments fell by 17.5 percent from January to October 2023, reflecting the adverse impact of persistent inflationary pressures and slowing global growth prospects on investor sentiment......»»
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......»»
Philippines posts 1.2 bln USD surplus in March
MANILA, April 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 1.2 billion U.S. dollars in March 2024, slightly lower than the 1.3-billion-dollar BOP surplus recorded a year ago, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in March reflected inflows arising mainly from the national government's net foreign currency deposi.....»»
From heartbreak to joy: A mother’s journey through a miscarriage
CEBU CITY, Philippines—Almost two years ago, a young mother bravely shared her miscarriage story in the hopes of helping mothers like her recover from the setback. For this year’s Mother’s Day celebration on May 12, 2024, the same mother tells her story of recovery and journey to motherhood after giving birth to her second baby—.....»»
NFA mulls hike in selling price
The National Food Authority is considering raising its selling price of rice to as much as P36 per kilogram to recover its costs and keep profit margins after it increased its palay buying price last year......»»
Rescuers recover another body in southern Philippine landslide
MANILA, Jan. 20 (Xinhua) -- Rescuers on Saturday recovered the body of the last missing man buried in Thursday's rain-induced landslide that ripped through a mining village in Davao de Oro province in the southern Philippines, officials said. In a social media post, the municipal government of Monkayo said rescuers found the body of the 45-year-old man, the last person missing, bringing the death toll in the vil.....»»
Rescuers recover another body in southern Philippine landslide
MANILA, Jan. 20 (Xinhua) -- Rescuers on Saturday recovered the body of the last missing man buried in Thursday's rain-induced landslide that ripped through a mining village in Davao de Oro province in the southern Philippines, officials said. In a social media post, the municipal government of Monkayo said rescuers found the body of the 45-year-old man, the last person missing, bringing the death toll in the vil.....»»
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.....»»
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.....»»