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State firms get higher subsidies

The government ramped up its budgetary support to state-run firms by 35 percent to almost P13 billion in February, with the bulk of the subsidies intended to fund irrigation projects......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Korean firms to help curb Northern Samar floods

Korean firms to help curb Northern Samar floods.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

2 logistics firms expand in Balamban

2 logistics firms expand in Balamban.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

Sandigan affirms dismissal of forfeiture vs 3 coco levy firms

The Sandiganbayan has affirmed the finality of the dismissal of a forfeiture case against three of the firms created out of the Coconut Industry Investment Fund, also known as the coco levy funds, during martial law......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 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

Jerusalem ends PHL’s world title drought in boxing, wins WBC minimumweight belt in Japan

CEBU CITY, Philippines — Finally, the Philippines ended its world title drought in boxing after Melvin “Gringo” Jerusalem dethroned Yudai Shigeoka via split decision to win the World Boxing Council (WBC) world minimumweight title on Sunday, March 31, in Nagoya, Japan. Jerusalem flexed his winning might against the heavily favored Japanese world champion after knocking.....»»

Category: newsSource:  inquirerRelated NewsMar 31st, 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

Biden to host trilateral summit with Japan, Philippines on April 11

Washington, DC [US], March 19 (ANI): US President Joe Biden will host a three-way summit with Japanese Prime Minister Fumio Kishida and Philippine President Ferdinand Marcos in Washington on April 11, as announced by the White House, as reported by Kyodo News. This historic summit, the first of its kind involving the United States, Japan, and the Philippines, aims to bolster defence cooperation in response to China's asse.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

US-Phl-Japan trilateral security cooperation essential

During the state visit of Japanese Prime Minister Fumio Kishida to the Philippines last November where he delivered a speech before a joint session of Congress, he highlighted the trilateral cooperation between the United States, the Philippines and Japan to protect the freedom of the South China Sea......»»

Category: newsSource:  philstarRelated NewsFeb 18th, 2024

Japan, Philippines reaffirm ties for maritime security

Japan, through its parliamentary vice minister for foreign affairs Masahiro Komura, has again reassured the Philippines of its commitment to a continuing strategic partnership......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

SC upholds Philippines-Japan economic pact

The Supreme Court has upheld the constitutionality of the Japan-Philippines Economic Partnership Agreement, a bilateral trade and investment deal entered into by the two countries during the Arroyo administration and ratified by the Senate in 2008......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

Philippine embassy in Saudi opens talks on solar power

The Philippine embassy in Saudi Arabia opened a dialogue with company FAS Energy on solar power potential investments......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

DMCI keen on entry into cement business

The Consunji Group is looking to pursue its entry into the cement business with the acquisition of Cemex Holdings Philippines (CHP)......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

SEC cracks whip on bogus Ayala firms

A group posing as part of the Ayala Group and soliciting investments from the public has been ordered to stop its fraudulent operations by the Securities and Exchange Commission......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

SEC warns public vs 2 firms

The Securities and Exchange Commission has warned the public against dealing with Robinson Company and America Mall-PH due to their unauthorized solicitation of investments without the necessary license from the commission......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024

8 more firms flagged for Ponzi-like schemes

For operating like Ponzi schemes, eight more entities were flagged yesterday by the Securities and Exchange Commission , as the state regulatory body advised the public against dealing with them, especially giving in to their solicitations for investments......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Resumption of FTA talks seen to spur higher EU investments

The Philippine Economic Zone Authority expects investments from European companies to increase with the resumption of the Philippines – European Union free trade agreement negotiations......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024