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NGCP not solely to blame for Panay blackout – Chiz
The National Grid Corp. of the Philippines is not solely to blame for the Panay power outage, Sen. Francis Escudero said, adding that power plants also failed in ensuring the island’s power supply......»»
Bunye: BSP changes FX rules for foreign investments to make them easier
Bunye: BSP changes FX rules for foreign investments to make them easier.....»»
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.....»»
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.....»»
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......»»
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.....»»
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.....»»
Philippines FDI ‘bound to improve’ in coming years – HSBC
The Philippines would be able to attract more foreign direct investments (FDI) in the coming years amid reforms that improved the country’s business climate, HSBC Global Research said......»»
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......»»
EDITORIAL Stuck in the gray list
While moving heaven and Earth to amend the Constitution ostensibly to attract more foreign investments, the government is taking its sweet time getting out of the so-called gray list of jurisdictions under increased monitoring for money laundering and counterterrorist financing......»»
EDITORIAL - Economic initiatives
While the two chambers of Congress duke it out over Charter change ostensibly to attract more foreign investments, local businessmen have listed 12 initiatives that they say can strengthen the economy......»»
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......»»
How LGUs shoo away investors
While discussing how Charter change can attract investors, my Viber group colleagues wondered if problems with LGU corruption are a bigger turnoff to investors than Constitutional restrictions on foreign investments......»»
Negros Island Region isasabatas na
Tiniyak ni Pangulong Bongbong Marcos na lalagdaan niya ang panukalang batas na lilikha sa Negros Island Region (NIR). The post Negros Island Region isasabatas na first appeared on Abante......»»
Negros Island Region: NegOr governor welcomes reformation of NIR
CEBU CITY, Philippines – Negros Oriental Governor Chaco Sagarbarria welcomed the passage of the bill seeking to reform the Negros Island Region (NIR). Speaking to reporters at the sidelines of the Regional Development Council in Central Visayas (RDC-7) at the Capitol Social Hall on March 14, Sagarbarria said reviving the NIR would greatly benefit local.....»»
Employers must expand compensation, benefits to attract top talents — report
With the year 2023 serving as a "great recovery period" for companies, an employment platform said that this year, they should improve their compensation and benefits to attract better talents......»»
Day 1 of voter’s registration attract over 7K in Central Visayas, nearly 89K across PH
Day 1 of voter’s registration attract over 7K in Central Visayas, nearly 89K across PH.....»»
Dole-Davao plants 500 mangroves
Dole-Davao plants 500 mangroves.....»»
Ukraine’s battered energy plants ‘need’ air defenses
Ukraine’s battered energy plants ‘need’ air defenses.....»»
Mandaue’s CAO eyes purchase of shade nets for urban gardeners
MANDAUE CITY, Cebu – The Mandaue City Agriculture Office (CAO) is thinking of ways to help urban gardeners here protect their plants from the excessive heat. One remedy that office in-charge Sharon Mangadlao has thought of was the purchase of shade nets, which is a lightweight knitted polyethylene fabric that can protect plants and people.....»»