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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......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Ranking surge boosts Malixi s Augusta debut

Rianne Malixi’s much-anticipated debut in the Augusta National Women’s Amateur unfolding Wednesday, April 3, in Augusta, Georgia has received a significant boost, propelling her to a career-high No. 26 in the latest World Amateur Golf Ranking......»»

Category: sportsSource:  philstarRelated NewsApr 2nd, 2024

2 Korean nationals charged for robbing businessman in Cebu City

CEBU CITY, Philippines – Police here have filed charges against the two Korean nationals who allegedly robbed a businessman in Barangay Banilad, Cebu City last Tuesday, April 2, 2024. According to police, the suspects were charged for robbery with homicide, frustrated homicide, and direct assault. The arrested persons were identified as Yong Hee Kim, 45;.....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

Philippines posts 642 mln USD surplus in December

MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»

Category: newsSource:  philippinetimesRelated NewsJan 20th, 2024

Philippines posts 642 mln USD surplus in December

MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»

Category: newsSource:  manilanewsRelated NewsJan 19th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsJan 15th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024

Philippine exports surpass 100 bln USD in 2023

MANILA, April 1 (Xinhua) -- Philippine exports exceeded 100 billion U.S. dollars for the first time in 2023, with a total of 103.6 billion dollars, a 4.8 percent increase from 2022, the Philippines' Department of Trade and Industry (DTI) said Monday. Citing data from the Bangko Sentral ng Pilipinas (BSP), the country's central bank, DTI Secretary Alfredo Pascual said that the strong performance of the informatio.....»»

Category: sportsSource:  abscbnRelated NewsApr 1st, 2024

March inflation may pick up amid high food prices

Inflation likely accelerated for the second straight month in March, mainly driven by high rice prices, prompting the Bangko Sentral ng Pilipinas (BSP) to keep borrowing costs unchanged at its next policy review in April, analysts said......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

CTOO: Too early to tell lovers’ murder effect on city tourism

THE Davao City Tourism Operations Office (CTOO) says it is too early to presume the possible and direct effect on the tourism industry in the city of the recent bloody crime involving the deaths of real-life partners......»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

Romualdez denies House behind charter change signature drive

House Speaker Martin Romualdez says lawmakers' role is 'to facilitate and encourage democratic participation without direct involvement in signature collection'.....»»

Category: newsSource:  rapplerRelated NewsJan 23rd, 2024

GOCC dividends surge to P88.6B - The Manila Times

DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have collected P88.6 billion from 47 government-owned and -controlled corporations (GOCCs) as of May 6, 11 times higher than the P8 billion recorded during the same period last year. "These dividends form a major source of n.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2024

More investments in local motorcycle production sought

The Motorcycle Development Program Participants Association Inc. will push for more investments in motorcycle production in the country under the group’s new leadership to promote industry growth......»»

Category: newsSource:  philstarRelated NewsJun 6th, 2024

SSS to boost REIT investments

State-run Social Security System is ramping up its investments in real estate investment trusts as market conditions improve amid expectation of policy easing toward the end of the year......»»

Category: financeSource:  philstarRelated NewsJun 3rd, 2024

Philippines foreign investments yield net outflows in April

MANILA, June 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 312 million U.S. dollars in April, the Philippine central bank said Friday night. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in April, higher than the 236 million dollars net outflows recorded in March, resulted from the 1.2 billion dollars in gross outflows and 914 million dollars in gross.....»»

Category: sportsSource:  abscbnRelated NewsJun 1st, 2024

Government urged to hike, fast-track power investments

The government should increase its investments in the power generation infrastructure and accelerate energy-related projects to address the country’s thinning electricity supply, a think thank said......»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

Jerald Napoles and Kim Molina focus on individual careers, investments

Long-time partners Jerald Napoles and Kim Molina are at the stage in their lives where they are focusing on their individual careers and investments, and at the same time, planning their future together......»»

Category: entertainmentSource:  philstarRelated NewsMay 8th, 2024

Luzon Economic Corridor project to draw foreign investments

President Marcos has expressed confidence that the Philippines will do better in luring investments once the Luzon Economic Corridor discussed during his recent visit to Washington is completed......»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024