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Philippines to conduct matching event to help foreign investors
MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»
Eased forex rules to take effect this year
The Bangko Sentral ng Pilipinas is expected to release its final circular on eased foreign exchange rules this year to attract more foreign investments into the country, a Monetary Board member said yesterday......»»
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.....»»
Foreign investment pledges more than double
Foreign investment pledges approved by investment promotion agencies surged by more than 127 percent to P394.45 billion in the fourth quarter of 2023 from P173.61 billion a year ago amid the country’s strong economic performance, according to the Philippine Statistics Authority......»»
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.....»»
Foreign nationals in RP reminded of annual report deadline
Bureau of Immigration (BI) Commissioner Norman Tansingco announced that a total of 88,072 registered foreign nationals have already submitted themselves for annual report for the month of January, as he also reminded aliens holding immigrant and non-immigrant visas and those who were issued an alien certificate of registration identity card (ACR I-Card) that they are […].....»»
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......»»
Japan’s government approves new foreign trainee program
Japan’s government approves new foreign trainee program.....»»
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions
Tax Notes: BIR clarifies treatment, conversion of foreign currency transactions.....»»
Philippines-Swiss ties get boost after foreign minister’s visit
The Philippines is looking forward to having stronger relations with Switzerland following Swiss Foreign Minister Ignazio Cassis’ visit to Manila on Thursday......»»
China urges Philippines not to play with fire on Taiwan question
The Chinese Foreign Ministry on Thursday urged the Philippines not to "play with fire" on the Taiwan question. According to reports, the Philippines' defense chief has ordered the military to boost the number of troops and structures on the Batanes islands which are less than 200 km from China's Taiwan region. In response at a daily press briefing, Wang Wenbin, a spokesperson for the Chinese Foreign Minis.....»»
China urges Philippines not to play with fire on Taiwan question
The Chinese Foreign Ministry on Thursday urged the Philippines not to "play with fire" on the Taiwan question. According to reports, the Philippines' defense chief has ordered the military to boost the number of troops and structures on the Batanes islands which are less than 200 km from China's Taiwan region. In response at a daily press briefing, Wang Wenbin, a spokesperson for the Chinese Foreign Minis.....»»
India: Laws Misused to Crack Down on Peaceful Dissent
(New York) - India's Bharatiya Janata Party (BJP)-led government is using abusive foreign funding laws, trumped-up financial investigations, and other means to unlawfully attack civil society groups, Human Rights Watch said today. The arbitrary use of the Foreign Contribution Regul.....»»
PSEi surges with strong foreign buying ahead of Lunar New Year break
MANILA, Philippines —The Philippine Stock Exchange Index (PSEi) rose on Thursday due to strong foreign buying ahead of the long weekend. By the end of trading, the PSEi went up by 0.29 percent (20.12 points) to reach 6,850.16, while the broader All Shares index rose by 0.21 percent (7.45 points) to 3,574.21. There will be.....»»
Swiss minister arrives today
Switzerland’s top diplomat will arrive in the Philippines tomorrow, the first time that a Swiss foreign minister will visit the country since 2008, the Department of Foreign Affairs has announced......»»
Foreign help for seaside peace road project sought
Residents of the now progressing fishing capital of Maguindanao del Norte need help from foreign donors in building bridges over rivers at stretches of a road now being constructed to connect their town to Sultan Kudarat province......»»
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......»»
BI arrests 128 foreign fugitives
BI arrests 128 foreign fugitives.....»»
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.....»»
BSP to further relax forex rules
The Bangko Sentral ng Pilipinas may further relax its rules and regulations governing foreign exchange transactions in a bid to attract more foreign investments into the country......»»