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Government fully awards P30 billion T-bonds at higher rates

The government secured P30 billion in long-term securities yesterday but at slightly higher rates after inflation picked up and ended four months of easing......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

BFP: Over 3,000 fires recorded in first 2 months

More than 3,000 fires have been recorded in the first two months of the year, causing over P1.3 billion in damage, according to the Bureau of Fire Protection (BFP)......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Government posts P88 billion surplus

The Marcos administration snapped eight consecutive months of budget deficit after it recorded a surplus of P88 billion in January as revenue collections outpaced spending......»»

Category: financeSource:  philstarRelated NewsMar 16th, 2024

Romualdez: Trilateral summit pagkilala sa foreign policy ni Marcos

Nanindigan si Speaker Ferdinand Martin Romualdez na ang trilateral summit ng Estados Unidos, Japan at Pilipinas ay isang pagkilala sa pamumuno at foreign policy ni Pangulong Bongbong Marcos. The post Romualdez: Trilateral summit pagkilala sa foreign policy ni Marcos first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 11th, 2024

Imee: EO 57 draws foreign interference, harmful to PH

MANILA, Philippines —  The measure beefing up the country’s maritime security, recently signed by President Ferdinand “Bongbong” Marcos Jr., is seen by the President’s elder sister, Senator Imee Marcos, as welcoming ‘many Trojan horses’ of foreign interference. The senator, who also heads the Senate panel on foreign relations, was pertaining to Executive Order No. 57,.....»»

Category: newsSource:  inquirerRelated NewsApr 1st, 2024

PH media slam Chinese foreign ministry’s claims of manipulating WPS reports 

Philippine media groups criticized the Chinese foreign ministry for suggesting that recent reports on Chinese harassment of Filipino vessels in the West Philippine Sea involved video manipulation and sensationalism to portray the Philippines as a victim. The Foreign Correspondents Association of the Philippines (Focap) and National Union of Journalists of the Philippines (NUJP) expressed offense.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

Philippines, Japan, US foreign officials prepare for tri-summit

As the Philippines prepares for a trilateral summit with Japan and the US on April 11, Foreign Affairs Undersecretary Ma. Theresa Lazaro met on Thursday in Tokyo with Japanese Vice Foreign Minister Okano Masataka and US Deputy Secretary of State Kurt Campbell to discuss regional security issues and economic cooperation......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

DepEd objects to foreign control of schools via Cha-cha, cites national security risk

The Department of Education on Monday drew the line at allowing foreign “entities” to own schools in the Philippines as proposed in two Charter change resolutions, saying that the entry of 100% foreign-operated schools in basic education will pose a threat to students’ sense of nationality and the country’s security......»»

Category: newsSource:  philstarRelated NewsMar 5th, 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

Consented foreign divorce

Can a foreign divorce by mutual consent between the Filipina spouse and her foreign spouse be recognized in this jurisdiction?.....»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

Why attract foreign investors?

Do we really need to revise our Constitution to attract foreign investors? It will help. We have provisions in our current Constitution that deliver the message that foreign investors are not welcome......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

PUV consolidation deadline moved by 3 months

MANILA, Philippines — Jeepney drivers and operators who have yet to form themselves into cooperatives for the PUV consolidation can heave a sigh of relief, for now. President Marcos gave them until April 30, or three more months, to apply for consolidation under the government’s public utility vehicle modernization program (PUVMP). Presidential Communications Office (PCO).....»»

Category: newsSource:  inquirerRelated NewsJan 25th, 2024

A glance at government s windfall from SMC’s NAIA takeover

The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Japan’s government approves new foreign trainee program

Japan’s government approves new foreign trainee program.....»»

Category: newsSource:  sunstarRelated NewsFeb 11th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsApr 19th, 2024

Philippines forex reserves dip to $103 billion in January

The country’s forex buffer slid slightly to $103.4 billion in January as the government paid its foreign debts and the central bank’s gold holdings took a hit from lower prices in the global market......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024