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Xinhua world economic news summary at 0900 GMT, Jan. 14

MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»

Category: newsSource:  manilanewsRelated NewsJan 14th, 2024

Philippines approved investment projects up 73 pct in 2023

MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Xinhua world economic news summary at 0900 GMT, Jan. 14

MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

San Miguel income soars to P44.7 billion in 2023

Diversified conglomerate San Miguel Corp. expects to sustain its growth momentum this year after earnings soared in 2023 on the back of significant volume growth across its key businesses......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Tapusin ang mga infra project habang tag-araw

Magandang araw muli, mga kababayan kong Bicolano! Kamakailan ay nanawagan ako sa mga ahensiya ng gobyerno na agad tapusin ang mga infrastructure projects habang tag-init pa at ‘di pa sumasapit ang tag-ulan. The post Tapusin ang mga infra project habang tag-araw first appeared on Abante......»»

Category: sportsSource:  abscbnRelated NewsMay 14th, 2024

Globe pushes for zero-lease policy for telco infra

Globe pushes for zero-lease policy for telco infra.....»»

Category: newsSource:  sunstarRelated NewsMay 14th, 2024

Rep Co pinatatapos mga infra project habang tag-init

Kinalampag ni Ako Bicol Party-list Rep. Elizaldy Co ang mga ahensiya ng gobyerno na tapusin na ang mga infrastructure project habang tag-init pa upang hindi maabutan ng tag-ulan at maging sanhi ng delay ng proyekto. The post Rep Co pinatatapos mga infra project habang tag-init first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 13th, 2024

Prime Infra unit starts first auto MRF plant

Prime Integrated Waste Solutions Inc., a subsidiary of Enrique Razon’s Prime Infra, has inaugurated the country’s first automated materials recovery facility (MRF) that will help address solid waste management problems......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

P126-B earmarked for C. Luzon infra projects

P126-B earmarked for C. Luzon infra projects.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

DPWH completes infra projects in Aurora, Ecija

DPWH completes infra projects in Aurora, Ecija.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

What to expect from Sec. Ralph Recto leadership at DOF

Former senator, former NEDA Secretary, congressman, and deputy speaker until this week, and now Secretary of the Department of Finance (DOF), Ralph Recto has a colorful and multiple experience in both the Legislative and Executive branches of the government......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Diokno turns over DOF helm to Recto

Secretary Ralph Recto started the ball rolling as he formally took over the helm of the Department of Finance, with former DOF chief and now Monetary Board member Benjamin Diokno handing over the agency in a simple ceremony yesterday......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Diokno proud to leave DOF in better state of affairs

"I am proud knowing that I will be leaving my post at a time when the Philippine economy, in general, and the DOF, in particular, are in a better state of affairs than when I inherited them.".....»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Rate cuts to help investments regain momentum – economist

The country’s investment climate will likely regain its momentum once policy rates here and abroad start to normalize in the second half of the year, coupled with economic reforms meant to attract foreign capital......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Phinma allots P4.5 billion for 2024 capex

The Phinma Group has earmarked P4.48 billion for capital expenditures this year to sustain the company’s growth momentum......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

DigiPlus earmarks P2 billion for 2024 capex

Fast-growing digital entertainment company DigiPlus Interactive Corp. plans to spend as much as P2 billion this year as it looks to sustain its growth momentum and ramp up its digital offerings......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Jollibee spending P23 billion for capex

Jollibee Foods Corp. is spending as much as P23 billion this year to sustain its growth momentum after posting strong profitability in 2023......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

BARMM launches social services programs online portal

BARMM launches social services programs online portal.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

SM conglomerate optimistic on growth prospects for 2024

Conglomerate SM Investments Corp. of the Sy family is cautiously optimistic for 2024, but remains committed to stay on growth mode after solid contributions from its core businesses and higher earnings contribution from portfolio investments, which lifted earnings by a quarter to P77 billion in 2023......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

PRO-6 chief orders operatives to sustain drug campaign in W. Visayas

PRO-6 chief orders operatives to sustain drug campaign in W. Visayas.....»»

Category: newsSource:  sunstarRelated NewsMay 18th, 2024