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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.....»»
USD3.32-B Loan Approved by BSP
On Monday, the Bangko Sentral ng Pilipinas (BSP) announced that the Monetary Board approved USD 3.32 billion in medium-to-long-term (MLT) foreign borrowings for Q4 2023. From October to December 2023, the public sector’s foreign borrowings rose by 65.8%, reaching USD3.32 billion, up from USD2 billion in the same period in 2022. This brought the total […].....»»
Israel sees decrease in foreign trade in 2023
Tel Aviv [Israel], January 23 (ANI/TPS): Israel's Central Bureau of Statistics (CBS) reported on Israel's foreign trade in 2023 as compared to 2022. The countries to which exports of goods (excluding diamonds) from Israel had the largest increases in 2023 were Morocco, Egypt, Hungary, Romania, Uruguay, Lithuania, Hong Kong and Poland. In contrast, the countries with the largest decreases in exports from Israel were Malays.....»»
Israel sees decrease in foreign trade in 2023
Tel Aviv [Israel], January 23 (ANI/TPS): Israel's Central Bureau of Statistics (CBS) reported on Israel's foreign trade in 2023 as compared to 2022. The countries to which exports of goods (excluding diamonds) from Israel had the largest increases in 2023 were Morocco, Egypt, Hungary, Romania, Uruguay, Lithuania, Hong Kong and Poland. In contrast, the countries with the largest decreases in exports from Israel were Malays.....»»
Why is Canada capping foreign students and who will be impacted?
Canada on Monday announced a two-year cap on the intake of foreign students after an explosive growth in recent years aggravated the housing shortage. Last year Canada issued nearly one million study permits, about three times that of a decade ago, according to government data and the new proposal will cut the intake by nearly.....»»
Foreign borrowings rise to $14.5 billion in 2023
Foreign borrowings approved by the Bangko Sentral ng Pilipinas jumped by more than 40 percent in 2023 after declining for two straight years, as the national government borrowed more from offshore creditors primarily to bankroll key infrastructure projects......»»
DENR mobilizing $278 million foreign-funded projects
The Department of Environment and Natural Resources is mobilizing over $278 million worth of foreign-funded projects this year for biodiversity, climate change and environment programs to strengthen environmental resiliency and sustainability in local government units......»»
UK Labour’s foreign policy pitch maintains strong support for Ukraine
Labour's foreign policy chief David Lammy will reiterate Labour's desire for a new British-EU security pact.....»»
Saudis could recognize Israel if Palestinian issue resolved – foreign minister
Saudi Arabia's foreign minister says securing regional peace through the creation of a Palestinian state is 'something we have been indeed working on with the US administration, and it is more relevant in the context of Gaza'.....»»
German foreign minister grateful for Philippine health workers
Germany is grateful to Filipinos, especially in the health sector, for their important work in strengthening Germany’s health sector, Foreign Minister Annalena Baerbock said......»»
South Koreans top list of foreign fugitives nabbed in Philippines in 2023
The Bureau of Immigration arrested a total of 128 foreign fugitives last year, with South Koreans making up the largest group. .....»»
China’s diplomats condemn foreign governments over Taiwan post-election remarks
The Chinese foreign ministry describes a statement from US Secretary of State Anthony Blinken as 'sending a seriously incorrect signal' to 'Taiwan independence separatist forces'.....»»
NZ support for strikes against Houthis
Foreign Minister Winston Peters and Defence Minister Judith Collins KC today expressed New Zealand support for strikes against Houthi targets in Yemen threatening commercial shipping in the Red Sea."Today's strikes support international security and trade, on which New Zealanders rely," Foreign Minister Winston Peters said. "Nearly 15 per cent of global trade flows thr.....»»
Germany’s top diplomat visits Philippines
German Federal Foreign Minister Annalena Baerbock will arrive in the country today to meet with President Marcos and Foreign Affairs Secretary Enrique Manalo......»»
Supreme Court disbars previously suspended lawyer
The Supreme Court has disbarred a previously suspended lawyer and slapped her with a P35,000 fine for issuing bouncing checks and failing to pay her debt. In a decision promulgated on Tuesday, the high court en banc found lawyer Elerizza Libiran-Meteoro guilty of gross misconduct and disbarred her from practicing law. According to the high tribunal, Meteoro’s issuance of.....»»
LBC back in the red on higher debt payments
Courier giant LBC Express Holdings Inc. sank in the red in the first quarter as it paid loans acquired in the latter half of 2023 and took on new debts to fund capital expenditures......»»
Always Prioritize Your Debt
Debt. It’s a four-letter word that can strike fear into the hearts of even the most financially savvy individuals, and that four-letter word that hindered many from becoming financially free. Debt can be a useful tool for financing large purchases like homes or education, no doubt about that, but neglecting to prioritize debt repayment can […].....»»
Higher rates force government to cut down T-bond award
The government barely raised half of its target long-term securities yesterday as rates picked up, allowing it to borrow only P11.5 billion from the debt market......»»
Bank of Commerce raises P6.57 billion from bond offering
San Miguel-led Bank of Commerce has raised P6.57 billion in its second foray into the domestic debt market, as institutional and retail investors swarmed its peso bond offering......»»
List or sell? PLDT weighs options on data centers
Telco-to-tech provider PLDT Inc. is open to the possibility of listing a real estate investment trust in the Philippine Stock Exchange, eyeing to raise fresh capital from its data center business for debt payments......»»